Loading...
HomeMy WebLinkAboutKamin appeal continuationAppeal: 14253 Shady Beach Trail NE Roger Kamin 25-045-0010 Prior lake, MN 55372 Building Information: Two-story style, Built in 1992, the house has 3,168 sq. ft. of above grade living area, and a full basement with 1,790 sq. ft. of finished living area. Sales History: Current owner purchased 12/06/2001 for $830,000 Prior sale: 12/14/2000 $775,000 Lot Information: Approximately 0.50 acres Figure 1 Background information: 2012 EMV: $954,600 2013 EMV: $977,100 Scott County Appraiser Dan Bethke inspected the subject property on May 6, 2013. The interior of the property was viewed to be in typical condition for the property type and age. The windows, roof, and siding are in good condition. The interior of the home has vaulted ceilings, oak floors and carpeting. The kitchen has oak cabinets with excellent views of the lake. The lower level has a wet bar and a whirlpool room with its own threequarter bath. The lower level also has a 21 x 14 workshop. The lot is a rectangular shaped lot with gradual flat elevations. There are approximately 110 front feet of lake shore. There is also a public access on the East side of the parcel. It has been noted that this public access point can be busy at certain times, especially in the winter months. Findings: Scott County has prepared a Summary Appraisal report using four comparable two-story properties that have sold in the appropriate timeframe for this assessment. After adjusting for the differences between the sold properties and the subject property, the indicated value ranges from $930,285 to $1,120,450. The current January 2, 2013 value for taxes payable in 2014 is $995,800. The current assessed value is within this range of indicated value based on those actual sales. Recommendation: We recommend that the board affirm the value of $995,800. ItemSubjectComparable #1Comparable #2Comparable #3Comparable #4 14253 Shady AddressBeach Trail NE15300 Fish Point Rd SE - 6444 150th Street SE - 4633 Lords Street NE - 14960 Pixie Point Cir SE - LowerUpperLowerLower PIN#250450010250390220251540090259350060250470131 Proximityn/a Sale Pricen/a$837,500$750,000$809,000$1,244,600 Price/SFn/a$366.04$243.74$219.24$281.01 County Data SourceRecords/InteriorCounty and MLS RecordsCounty and MLS RecordsCounty and MLS RecordsCounty and MLS Records AdjustmentsDescriptionDescription+(-) Adj.Description+(-) Adj.Description+(-) Adj.Description+(-) Adj. Date of Salen/aJun-12$0Nov-12$0Jun-12$0Feb-12$0 .76 / FF: Lot Size/Front Foot.5 / FF: 110.45 / FF: 100$10,000108/Bay/Roa$183,000.35 / FF: 92$30,000.36 / FF: 100$30,000 Site/ViewN;ResN;ResN;ResN;ResN;Res Design/Appeal2 Story - Hip2 Story - Gable2 Story - Hip2 Story - Hip2 Story - Gable Quality of ConstructionTypicalSimilarSimilarInferior$100,000Superior($100,000) AgeA:21/ E:8A:56/ E:15$35,000A:37/E:10$16,000A:20/E:8$0A:22/E:8$0 ConditionAverageAverageAverageAverageAverage Above GradeTotalBR'sBathTotBRBthTotBRBthTotBRBthTotBRBth Room Count22.552.25$043.25($1,500)32.5$011.5$3,000 Living Area3,1682,288$44,0003,077$4,5503,690($26,100)4,429($63,050) Basement AreaFull/WalkoutFull/WalkoutFull/WalkoutFull/WalkoutFull/Walkout Basement Finish1790770$35,7001442$12,1801379$14,3851850($2,100) Functional UtilityAverageAverageAverageAverageAverage Heat/CoolingFA/ACFA/ACFA/ACFA/ACFA/AC Energy Efficient ItemsAverageAverageAverageAverageAverage Garage2 Car Garage3 Car Garage($10,000)3 Car Garage($10,000)3 Car Garage($10,000)2 Car Garage oporch, deck, oporch, deck, Porches/Decks/ Etc.oporch, deckcporch($5,000)cporch($5,000)none,deck$5,000none,deck$5,000 Boat House- Special FeaturesSm Shed- 22x14none$5,000none$5,000none$5,00012x12 Fireplaces3-Fireplace2-Fireplace$3,0002-Fireplace$3,0002-Fireplace$3,0002-Fireplace$3,000 Gross Adjustment %18%32%24%17% Net Adjustment%14%28%15%10% Net Adjustment$117,700$207,230$121,285($124,150) Indicated Value$955,200$957,230$930,285$1,120,450