Board of Review of Real Estate Assessments

BOARD OF REVIEW OF REAL ESTATE ASSESSMENTS CITY OF HAMPTON, VIRGINIA CHAIRMAN: Thomas J. Perham VICE-CHAIRMAN: Julianne Cyr SECRETARY: James S. Hunsecker MEMBERS: Sylvia Woods, Dale Evans HEARING MEETING MINUTES May 22, 2018 - Veterans Conference Room Ruppert Leon Sargent Building I. Call to Order The meeting was called to order by Julianne Cyr. II. Roll Call Present Julianne Cyr Thomas J. Perham James S. Hunsecker Dale Evans Sylvia Woods III. Reading of Minutes of Preceding Meeting(s) The previous meeting's minutes were approved. IV. Selection of Officers Chairman: Thomas Perham. Motion by James Hunsecker, 2nd by Sylvia Woods. Vice-Chairman: Julianne Cyr. Motion by James Hunsecker, 2nd by Dale Evans. Secretary: James Hunsecker. Motion by Sylvia Woods, 2nd by Thomas Perham. V. Unfinished Business There was no unfinished business VI. Appeal Hearings 1 Case: FY2019 - 12007807 Owner: MADDREY KENNETH D & LINDA L PIN: 12007807 Address: 57 BAY FRONT PL FY2018 FY2019 Office Review Recommended Decision Change Land $294,100 $191,200 NA $191,200 $191,200 $0 0% Improvement $0 $0 NA $0 $0 $0 0% Total $294,100 $191,200 NA $191,200 $191,200 $0 0% The owner spoke before the Board. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Steve Edwards. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by Dale Evans affirm and seconded by Julianne Cyr affirm Thomas J. Perham affirm Sylvia Woods abstain Other Notes: James Hunsecker recused himself from the case because Steve Edwards is a friend/colleague. Page 1 of 5 2 Case: FY2019 - 13001219 Owner: EXECUTIVE CROSSING WEST LLC PIN: 13001219 Address: 1501 HARDY CASH DR FY2018 FY2019 Office Review Recommended Decision Change Land $674,700 $771,000 NA $771,000 $771,000 $0 0% Improvement $2,657,300 $2,561,000 NA $2,561,000 $2,161,000 ($400,000) -16% Total $3,332,000 $3,332,000 NA $3,332,000 $2,932,000 ($400,000) -12% The agent spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Patrick Dorris. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to adjust the current assessment base on fair market value. The motion was made by Sylvia Woods adjust and seconded by Dale Evans adjust James S. Hunsecker adjust Thomas J. Perham adjust Julianne Cyr adjust 3 Case: FY2019 - 7001541 Owner: PENINSULA GROVE LLC C/O TRYKO PARTNERS PIN: 7001541 Address: 2027 CUNNINGHAM DR FY2018 FY2019 Office Review Recommended Decision Change Land $4,700,000 $4,700,000 $4,700,000 $4,700,000 $4,700,000 $0 0% Improvement $6,650,000 $6,650,000 $6,650,000 $6,650,000 $6,650,000 $0 0% Total $11,350,000 $11,350,000 $11,350,000 $11,350,000 $11,350,000 $0 0% The agent spoke before the Board. The appeal was made on the basis of Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by James S. Hunsecker affirm and seconded by Dale Evans affirm Sylvia Woods affirm Thomas J. Perham affirm Julianne Cyr abstain 4 Case: FY2019 - 7001540 Owner: PENINSULA GROVE LLC C/O TRYKO PARTNERS PIN: 7001540 Address: 2018 CUNNINGHAM DR FY2018 FY2019 Office Review Recommended Decision Change Land $6,900,000 $6,900,000 $6,900,000 $6,900,000 $6,900,000 $0 0% Improvement $9,750,000 $9,750,000 $9,750,000 $9,750,000 $9,750,000 $0 0% Total $16,650,000 $16,650,000 $16,650,000 $16,650,000 $16,650,000 $0 0% The agent spoke before the Board. The appeal was made on the basis of Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by James S. Hunsecker affirm and seconded by Dale Evans affirm Sylvia Woods affirm Thomas J. Perham affirm Julianne Cyr abstain Page 2 of 5 5 Case: FY2019 - 7001164 Owner: IHOP PROPERTY LLC C/O DINEEQUITY INC ATTN TAX DEPT PIN: 7001164 Address: 1002 W MERCURY BLVD FY2018 FY2019 Office Review Recommended Decision Change Land $731,800 $731,800 NA $731,800 $731,800 $0 0% Improvement $110,900 $112,000 NA $112,000 $112,000 $0 0% Total $842,700 $843,800 NA $843,800 $843,800 $0 0% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Bart Debellis. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by Dale Evans affirm and seconded by James S. Hunsecker affirm Thomas J. Perham affirm Julianne Cyr affirm Sylvia Woods abstain 6 Case: FY2019 - 13001506 Owner: 300 EXPLORATION WAY HOLDINGS LLC C/O CWCAPITAL ASSET MANAGEMENT LLC PIN: 13001506 Address: 300 EXPLORATION WAY FY2018 FY2019 Office Review Recommended Decision Change Land $1,158,400 $1,158,400 NA $1,158,400 $1,158,400 $0 0% Improvement $12,769,500 $12,769,500 NA $12,769,500 $12,769,500 $0 0% Total $13,927,900 $13,927,900 NA $13,927,900 $13,927,900 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Bart Debellis. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by Julianne Cyr affirm and seconded by Sylvia Woods affirm James S. Hunsecker affirm Thomas J. Perham affirm Dale Evans adjust 7 Case: FY2019 - 13004239 Owner: WAL-MART REAL ESTATE BUSINESS TRUST C/O PROPERTY TAX DEPT MS 0555 PIN: 13004239 Address: CUNNINGHAM DR FY2018 FY2019 Office Review Recommended Decision Change Land $47,500 $47,500 NA $47,500 $43,100 ($4,400) -9% Improvement $0 $0 NA $0 $0 $0 0% Total $47,500 $47,500 NA $47,500 $43,100 ($4,400) -9% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Patrick Dorris. Board Vote: After discussion the Board of Review voted to adjust the current assessment base on fair market value. The motion was made by Julianne Cyr adjust and seconded by James S. Hunsecker adjust Sylvia Woods defer Thomas J. Perham adjust Dale Evans adjust Other Notes: Sylvia Woods voted against the final decision as she had previously proposed $100 and that motion was defeated. Page 3 of 5 8 Case: FY2019 - 13004238 Owner: WAL-MART REAL ESTATE BUSINESS TRUST C/O PROPERTY TAX DEPT MS 0555 PIN: 13004238 Address: CUNNINGHAM DR FY2018 FY2019 Office Review Recommended Decision Change Land $12,500 $12,500 NA $12,500 $11,300 ($1,200) -10% Improvement $0 $0 NA $0 $0 $0 0% Total $12,500 $12,500 NA $12,500 $11,300 ($1,200) -10% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Patrick Dorris. Board Vote: After discussion the Board of Review voted to adjust the current assessment base on fair market value. The motion was made by Julianne Cyr adjust and seconded by James S. Hunsecker adjust Sylvia Woods defer Thomas J. Perham adjust Dale Evans defer Other Notes: Sylvia Woods and Dale Evans defered on the final motion as they wanted to reduce the value further. 9 Case: FY2019 - 3005245 Owner: PAULA MARIA VILLAGE LLC C/O SAM HOROWITZ PIN: 3005245 Address: 100 MARTHA LEE DR FY2018 FY2019 Office Review Recommended Decision Change Land $2,970,000 $2,970,000 $2,970,000 $2,970,000 $2,970,000 $0 0% Improvement $8,667,000 $8,667,000 $8,667,000 $8,667,000 $8,667,000 $0 0% Total $11,637,000 $11,637,000 $11,637,000 $11,637,000 $11,637,000 $0 0% The agent spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. Board Vote: After discussion the Board of Review voted to affirm the current assessment base on fair market value. The motion was made by Julianne Cyr affirm and seconded by Dale Evans affirm Sylvia Woods adjust Thomas J. Perham affirm Other Notes: James Hunsecker recused himself from the case because he had previously worked for the witness. 10 Case: FY2019 - 8005823 Owner: LANGLEY APARTMENTS LLC C/O CAPITAL REALTY GROUP INC PIN: 8005823 Address: 100 DOOLITTLE RD FY2018 FY2019 Office Review Recommended Decision Change Land $1,920,000 $1,920,000 $1,920,000 $1,920,000 $1,920,000 $0 0% Improvement $5,609,300 $5,609,300 $5,609,300 $5,609,300 $5,163,600 ($445,700) -8% Total $7,529,300 $7,529,300 $7,529,300 $7,529,300 $7,083,600 ($445,700) -6% The agent spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to adjust the current assessment base on fair market value. The motion was made by Julianne Cyr adjust and seconded by Dale Evans adjust Sylvia Woods adjust Thomas J. Perham affirm Other Notes: James Hunsecker recused himself from the case because he had previously worked for the witness. Page 4 of 5  11 Case: FY2019 - 8005719 Owner: LANGLEY APARTMENTS LLC C/O CAPITAL REALTY GROUP INC PIN: 8005719 Address: 130 DOOLITTLE RD FY2018 FY2019 Office Review Recommended Decision Change Land $1,920,000 $1,920,000 $1,920,000 $1,920,000 $1,920,000 $0 0% Improvement $5,609,300 $5,609,300 $5,609,300 $5,609,300 $5,163,600 ($445,700) -8% Total $7,529,300 $7,529,300 $7,529,300 $7,529,300 $7,083,600 ($445,700) -6% The agent spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. The Board went into closed session for discussion. Board Vote: After discussion the Board of Review voted to adjust the current assessment base on fair market value. The motion was made by Julianne Cyr adjust and seconded by Dale Evans adjust Sylvia Woods adjust Thomas J. Perham affirm Other Notes: James Hunsecker recused himself from the case because he had previously worked for the witness. VII. New Business No new business was discussed. The meeting adjourned at 4:25 pm. Office of the Assessor of Real Estate 1 Franklin Street, Suite 602 | Hampton, Virginia 23669 www.hampton.gov/assessor | P: (757) 727-8311 Recipient of the Certificate of Excellence in Assessment Administration from the International Association of Assessing Officer Page 5 of 5