Board of Review of Real Estate Assessments

BOARD OF REVIEW OF REAL ESTATE ASSESSMENTS CITY OF HAMPTON, VIRGINIA CHAIRMAN: David Richards VICE-CHAIRMAN: Asa Jenrette Jr. SECRETARY: Julianne Cyr MEMBERS: George C. Moore Sr. HEARING MEETING MINUTES June 23, 2020 8:00 AM - Veterans Conference Room Ruppert Leon Sargent Building I. Call to Order The meeting was called to order by David Richards. II. Roll Call Present: David Richards, Julianne Cyr, Asa Jenrette Jr., George C. Moore Sr., III. Reading of Minutes of Preceding Meeting The June 22, 2020 meeting's minutes were approved. IV. Unfinished Business V. Appeal Hearings 1 Case: FY2021 - 1003657 Owner: AUTOZONE INC STORE #1040 PIN: 1003657 Address: 2221 KECOUGHTAN RD Assessment Office Review Recommended Decision Change Land $98,300 $98,300 $98,300 $98,300 $0 0% Improvement(s) $541,300 $541,300 $541,300 $541,300 $0 0% Total $639,600 $639,600 $639,600 $639,600 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Nay Asa Jenrette Jr. Yea Other Notes: Upon original motion, Mr. Moore was erroneously reviewing another application. A unanimous vote was made to affirm the value. Mr. Moore made a motion, 2nd by Ms. Cyr, to reconsider case review. A second vote was made. The votes recorded are from the second vote. Page 1 of 6 2 Case: FY2021 - 3001983 Owner: OREILLY AUTOMOTIVE INC C/O RYAN LLC 3912 PIN: 3001983 Address: 4104 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $486,100 NA $486,100 $486,100 $0 0% Improvement(s) $1,252,500 NA $1,252,500 $1,252,500 $0 0% Total $1,738,600 NA $1,738,600 $1,738,600 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by George C. Moore Sr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 3 Case: FY2021 - 8000003 Owner: SAMOS-3 LLC PIN: 8000003 Address: 203 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $612,900 NA $612,900 $612,900 $0 0% Improvement(s) $822,400 NA $822,400 $822,400 $0 0% Total $1,435,300 NA $1,435,300 $1,435,300 $0 0% The owner or agent did not make a presentation. 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by Asa Jenrette Jr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 4 Case: FY2021 - 7001197 Owner: USA ASSET TWO INC PIN: 7001197 Address: 1045 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $733,200 NA $733,200 $733,200 $0 0% Improvement(s) $1,157,900 NA $1,157,900 $1,157,900 $0 0% Total $1,891,100 NA $1,891,100 $1,891,100 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea Page 2 of 6 5 Case: FY2021 - 1003636 Owner: 2201 KECOUGHTAN LLC PIN: 1003636 Address: 2201 KECOUGHTAN RD Assessment Office Review Recommended Decision Change Land $723,500 $723,500 $723,500 $723,500 $0 0% Improvement(s) $545,800 $545,800 $545,800 $545,800 $0 0% Total $1,269,300 $1,269,300 $1,269,300 $1,269,300 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by Julianne Cyr and seconded by George C. Moore Sr. to affirm the current assessment based on incorrect or incomplete data. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 6 Case: FY2021 - 7001169 Owner: DEVJIBHA LLC PIN: 7001169 Address: 2009 N ARMISTEAD AVE Assessment Office Review Recommended Decision Change Land $313,900 $313,900 $313,900 $313,900 $0 0% Improvement(s) $786,500 $786,500 $786,500 $786,500 $0 0% Total $1,100,400 $1,100,400 $1,100,400 $1,100,400 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by George C. Moore Sr. to affirm the current assessment based on incorrect or incomplete data. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 7 Case: FY2021 - 12006280 Owner: JAYBHAKTI LLC PIN: 12006280 Address: 1724 N MALLORY ST Assessment Office Review Recommended Decision Change Land $90,000 $90,000 $90,000 $90,000 $0 0% Improvement(s) $323,000 $323,000 $323,000 $323,000 $0 0% Total $413,000 $413,000 $413,000 $413,000 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on incorrect or incomplete data. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea Page 3 of 6 8 Case: FY2021 - 1003500 Owner: KECOUGHTAN LLC PIN: 1003500 Address: 2711 KECOUGHTAN RD Assessment Office Review Recommended Decision Change Land $84,400 $84,400 $84,400 $84,400 $0 0% Improvement(s) $352,800 $352,800 $352,800 $352,800 $0 0% Total $437,200 $437,200 $437,200 $437,200 $0 0% The owner or agent did not make a presentation. 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 Gary James. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on incorrect or incomplete data. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 9 Case: FY2021 - 2003204 Owner: WALGREEN CO C/O REAL EST PROP TAX PIN: 2003204 Address: 500 SETTLERS LANDING RD Assessment Office Review Recommended Decision Change Land $1,191,800 $1,191,800 $1,191,800 $1,191,800 $0 0% Improvement(s) $4,942,700 $4,942,700 $4,942,700 $4,942,700 $0 0% Total $6,134,500 $6,134,500 $6,134,500 $6,134,500 $0 0% The owner or agent did not make a presentation. 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Julianne Cyr to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 10 Case: FY2021 - 3001260 Owner: WALGREEN CO C/O REAL EST PROP TAX PIN: 3001260 Address: 3326 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $1,115,100 $1,115,100 $1,115,100 $1,115,100 $0 0% Improvement(s) $4,901,200 $4,901,200 $4,901,200 $4,901,200 $0 0% Total $6,016,300 $6,016,300 $6,016,300 $6,016,300 $0 0% The owner or agent did not make a presentation. 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by Asa Jenrette Jr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea Page 4 of 6 11 Case: FY2021 - 4004599 Owner: HAMPTON TOWNE CENTRE LLC C/O THE SHOPPING CENTER GRP LLC PIN: 4004599 Address: 30 TOWNE CENTRE WAY Assessment Office Review Recommended Decision Change Land $5,271,400 $5,271,400 $5,271,400 $5,271,400 $0 0% Improvement(s) $11,483,900 $7,614,500 $7,614,500 $7,614,500 $0 0% Total $16,755,300 $12,885,900 $12,885,900 $12,885,900 $0 0% 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 12 Case: FY2021 - 13000967 Owner: RSS MSBAN2016C31-VA HTC LLC C/O RIALTO CAPITAL ADVISORS PIN: 13000967 Address: 903 ENTERPRISE PKWY Assessment Office Review Recommended Decision Change Land $931,900 $931,900 $931,900 $931,900 $0 0% Improvement(s) $4,938,700 $3,723,700 $3,723,700 $3,723,700 $0 0% Total $5,870,600 $4,655,600 $4,655,600 $4,655,600 $0 0% 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by George C. Moore Sr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 13 Case: FY2021 - 7001706 Owner: ARHC CPHAMVA01 LLC PIN: 7001706 Address: 4001 COLISEUM DR Assessment Office Review Recommended Decision Change Land $2,151,000 $2,151,000 $2,151,000 $2,151,000 $0 0% Improvement(s) $11,354,300 $9,001,700 $9,001,700 $9,001,700 $0 0% Total $13,505,300 $11,152,700 $11,152,700 $11,152,700 $0 0% 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by George C. Moore Sr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea Page 5 of 6  14 Case: FY2021 - 7001528 Owner: 2030 COLISEUM LLC PIN: 7001528 Address: 2030 COLISEUM DR Assessment Office Review Recommended Decision Change Land $1,151,900 NA $1,151,900 $1,151,900 $0 0% Improvement(s) $1,032,100 NA $1,032,100 $1,032,100 $0 0% Total $2,184,000 NA $2,184,000 $2,184,000 $0 0% The owner or agent did not make a presentation. 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 Gary James. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea 15 Case: FY2021 - 7001887 Owner: NAVY FEDERAL CREDIT UNION C/O GEN ACCT PIN: 7001887 Address: 50 HAMPTON CLUB DR Assessment Office Review Recommended Decision Change Land $672,900 NA $672,900 $672,900 $0 0% Improvement(s) $1,799,900 NA $1,799,900 $1,799,900 $0 0% Total $2,472,800 NA $2,472,800 $2,472,800 $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 Gary James. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: David Richards Yea George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea VI. New Business The meeting was adjourned at 12:08 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 6 of 6