3. Tax Equalization Bd convenes - Laserfiche WebLink

2014 Cass County Board of Equalization Brent Johnson Brent Johnson, at 8504 University Drive S, Stanley Twp, is asking that his valuation be reviewed. He indicates that there appear to be discrepancies in his assessment and in his appraisal that was submitted to the local assessor. Mr. Johnson was not able to appear at the Stanley Twp board of equalization. Mr. Johnson recently built a 1,809 sq. ft. rambler with an attached garage/shop area on a rural acreage south of Fargo. An older rental residence is also located on the property. For 2014, the proposed assessment is agricultural land-$12,300, Residential lot-$75,000, Residential Structures $307,300 ($254,500 new home+$52,800 rental home) for a total valuation of$394,600. The appraisal for mortgage purposes valued the property at $325,000, not considering the contributory value of the rental. The house size is listed as 1,990 sq. ft. on the appraisal and assessment record. I physically measured the exterior and calculated the 1st floor area at 1,809 sq. ft. including the closet area that extends into the shop area. Based on the home being 181 square feet smaller than what is indicated, it is my recommendation to reduce the residential structure assessment $19,900 (181x$110). The local assessor concurs that an adjustment should be made for the size discrepancy. If there are other issues, Mr. Johnson is advised to file for abatement of taxes. The Stanley Township Board would then review the matter and the Cass County Board would then make a determination. Suggested Motion: "I move that the Brent Johnson residential structure assessment be reduced $19,900, as recommended by the Director of Equalization and the Stanley Twp Assessor."