TOWN OF REDDING
BOARD OF ASSESSMENT APPEALS
REAL ESTATE APPEALS
Monday, March 16, 2020
4:00 p.m.
TOWN HALL HEARING ROOM
Present:
Greg Stackpole, Chairman
Karen Gifford
Charles Bachmann, Alternate
Absent:
Margi Esten
The meeting was called to order at 4:09 p.m.
The purpose of the meeting was to hear appeals of property assessments for the 2019 Grand List.
The Board heard the following 7 appeals:
549 Redding Road
Total Assessment $222,000
Appellant’s Opinion of Fair Market Value on October 1, 2017 $250,000
The Applicant has been a resident of Redding for five years. The LLC that owned the property was transferred to the current owner in 2015. It is an 1820s house. The windows have been changed but there is no insulation in the add-ons. A recent energy evaluation was done and provided.
20 Thankful Bradley Road
Total Assessment $650,900
Appellant’s Opinion of Fair Market Value on October 1, 2017 $725,000
The Applicant provided comparisons from home sales in 2017. The Applicant noted a specific property for comparison on John Applegate Rd that was built by the same builder with the same square footage.
88 Portland Avenue – Personal Property
Total Assessment $20,625
Appellant’s Opinion of Fair Market Value on October 1, 2017 $8,500
The Applicant noted that the equipment for the flooring company was ten years old and gave an approximation of value of $5,000. The owner is semi-retired and is the sole employee. The Board asked if an amended return had been filed and it was noted that it had not been filed. The owner provided a listing of equipment with current values if bought new today. The Board requested the owner to file out a return and provide that information to the Board before deliberation.
262 Umpawaug Road
Total Assessment $1,419,800
Appellant’s Opinion of Fair Market Value on October 1, 2017 $1,075,000
The Applicant indicated the property was purchased in December 2019 for $999,000. The property is a 1979 house with custom changes. The current appraisal value is $1,075,000. The appraisal of October 2017 noted $1,400,000. It was noted the residence is 10,000 square feet with three bedrooms that are small in size, and open space areas with columns.
35 Whortleberry Road
Total Assessment $519,500
Appellant’s Opinion of Fair Market Value on October 1, 2017 $510,500
The Agent for the Applicant provided data on three comparable properties. The floor plan in the residence is unconventional. The house was built in 2002 with no updates.
The Board entered deliberative session at 5:00 p.m.
35 Whortleberry Road
Total Assessment $519,500
MOTION: Made by Ms. Gifford, seconded by Mr. Bachmann that no change be made to the assessment based on the information provided. Carried unanimous.
The Board exited deliberative session at 5:12 p.m.
The Board continued to hear the following appeals:
15 Woods Way Unit 8A
Total Assessment $393,700
Appellant’s Opinion of Fair Market Value on October 1, 2017 $500,000
The Applicant provided historical information with comparable sales on A-style units, ranging from $550,000 to $650,000. The residence is part of the Redding Woods Community which is a self-sustaining community that handles the maintenance, roadway including plowing, water and sewage, and street lights. The Board requested additional information regarding the common charges when first purchased and currently which now includes an additional assessment for capital projects, i.e. road reconstruction and new roofing.
285 Poverty Hollow Road
Total Assessment $299,400
Appellant’s Opinion of Fair Market Value on October 1, 2017 $345,109
The Applicant provided similar comparable properties with regards to grades, condition and square footage. The Board reviewed the information on the field card and it was noted that the basement was finished whereas the Applicant noted that it was only half finished.
The Board entered deliberative session at 6:30 p.m.
262 Umpawaug Road
Total Assessment $1,419,800
New Assessment $1,339,000
MOTION: Made by Mr. Bachmann, seconded by Ms. Gifford to reduce the grade from A+ to A and value accordingly. Carried unanimous.
20 Thankful Bradley Road
Total Assessment $650,900
MOTION: Made by Mr. Stackpole, seconded by Ms. Gifford that no change be made to the assessment based on the information provided. Carried unanimous.
30 Blueberry Hill Road
Total Assessment $447,900
MOTION: Made by Ms. Gifford, seconded by Mr. Bachmann that no change be made to the assessment based on the information provided. Carried unanimous.
22 Goodridge Road
Total Assessment $760,300
New Assessment $697,300
MOTION: Made by Mr. Stackpole, seconded by Ms. Gifford to change the grade from A to A- and value accordingly. Carried unanimous.
19 Great Oak Lane
Total Assessment $348,400
New Assessment $315,000
MOTION: Made by Mr. Bachmann, seconded by Mr. Stackpole to reduce the fair market value to $449,900 to reflect the percentage of completion for the 10/1/19 grand list. Carried unanimous.
11 Guardhouse Drive
Total Assessment $432,500
MOTION: Made by Mr. Bachmann, seconded by Ms. Gifford that no change be made to the assessment based on the information provided. Carried unanimous.
9 Long Wall Road
Total Assessment $704,600
New Assessment $650,700
MOTION: Made by Mr. Stackpole, seconded by Mr. Bachmann to change the grade from A to A- and value accordingly. Carried unanimous.
7 Mine Hill Road
Total Assessment $670,800
MOTION: Made by Mr. Stackpole, seconded by Ms. Gifford that no change be made to the assessment based on the information provided. Carried unanimous.
48 Mountain Road
Total Assessment $166,400
MOTION: Made by Mr. Bachmann, seconded by Ms. Gifford that no change be made to the assessment based on the information provided. Carried unanimous.
6 Pocahontas Road
Total Assessment $321,600
MOTION: Made by Mr. Stackpole, seconded by Mr. Bachmann that no change be made to the assessment based on the information provided. Carried unanimous.
46 Pocahontas Road
Total Assessment $383,200
MOTION: Made by Mr. Stackpole, seconded by Ms. Gifford that no change be made to the assessment based on the information provided. Carried unanimous.
51 Wood Road
Total Assessment $407,000
New Assessment $381,400
MOTION: Made by Mr. Stackpole, seconded by Mr. Bachmann to change the condition of the home from good to average with removal of the remodel rating and value accordingly. Carried unanimous.
The Board exited deliberative session at 9:02 p.m.
A motion to adjourn was made, seconded and carried unanimously at 9:04 p.m.
Submitted by Krista Gramer, 3/18/20
Minutes not approved by BAA.