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Item E R1010 Acker
Page 1 of 1 r Pam Hancock From: "Deb Acker" <debby.acker@yahoo.com> To: <phancock@monroe-clerk.com> Sent: Friday, April 01, 2011 8:53 AM Subject: Petition R1010-2010 Will attend 4-15-2011 Meeting Hi Pam, I received letter informing me of fianl meeting on April 15. I would like to attend. After VAB meeting, Mr. Hubbard asked me for information on "Cost to Cure". Which I did deliver to him and I have not heard anything so hoping to hear at this final meeting. The porperty address is 601-603 124th Street Gulf Thank you Debby Acker debby.acker ahoo.com 4/1/2011 Reset Form _ . . -�I DR-485V DECISION OF THE VALUE ADJUSTMENT BOARD G- N. 12/09 VALUE PETITION Rule 12D-16.002 Florida Administrative Code DEPARTMENT OF REVENUE County Monroe, The actions below were taken on your petition. These actions are a recommendation only, not final. ❑These actions are a final decision of the VAB. If you are not satisfied after you are notified of the final decision of the VAB, you have the right to file a lawsuit in circuit court to further contest your assessment (sections 193.155(8)(k), 194.036, 194.171(2), and 196.151, F.S.). Petition # R1010-2010 Parcel ID AK# 1439312 Petitioner name Deborah L. Acker Address 124th Street Gulf The petitioner is: 0 taxpayer of record taxpayees agent Marathon, Florida other, explain: Decision Summary Denied your petition Granted your petition Granted your petition in part Value Before Board Action Value presented by properly appraiser After Board Action Lines 1 and 4 must be completed. Rule 12D-9.025(10), F.A.C. 1. Market value, required $ 225,072 $ 225,072 2. Assessed or classified use value,* if applicable $ 225,972 $ 225,072 3. Exempt value,* enter "0" if none $ $ 4. Taxable value,* required $ 225,072 $ 225,072 *AII values entered should be county taxable values. School and other taxing authority values may differ (section 196.031(7)(d), F. S.). Reasons for Decision Findings of Fact Use page 2, if needed. The Property Appraiser's Office has complied with the 8 criteria and mass appraisal model standards. Ms. Acker, owner of records, has submitted evidence that was not timely and appeared at the hearing. Ms. Greger presents a Sales Comparison Grid displaying four comparable sales, one of which is in Key West and not favored. The range of value is $124,035 to $342,371. The subject property was purchased as a rental and the Property Appraiser's Office has completed an Income Approach, as well. Conclusions of Law Use page 2, if needed. The Property Appraiser's determination is presumed to be correct if a preponderance of the evidence demonstrates that the methodology used is appropriate and complies with F.S. 193.011 and professionally accepted appraisal practices, including mass appraisal standards, if appropriate. In this case, a preponderance of the evidence did demonstrate that the Property Appraiser's methodology was appropriate and complied with F.S. 193.011 and professionally accepted appraisal practices. Therefore, the Property Appraiser's determination of value is presumed to be correct and the appraisal should be upheld. Recojnmende#Zficision of Special Magistrate Findings and conclusions above are recommendations. Patricia P. McGrath 1 /19/2011 na s agsraPrint name ate Qe we-j4 c-K II ign ure, VAS clerk or representative Print name Date If this is a recommended decision, the board will consider the recommended decision on at Address Date Time If the line above is blank, the board does not yet know the date, time, and place when the recommended decision will be considered. To find the information, please call 2y1 913 o or visit our web site at Final Decision of the Value Adjustment Board Signature, chair, value adjustment board Print name Date of Te-cision Qi—tnro vnu ^i—v nr rnnrocnnt7ti%— Nnnr name ne+n meilnii+n Page 1 of 1 Pam Hancock From: "ROBERT TISCHENKEL" <bt429@bellsouth.net> To: <d_acker@bellsouth.net> Cc: <phancock@monroe-clerk.com> Sent: Monday, January 24, 2011 12:10 PM Subject: value adsjustment board Ms. Acker, I am the attorney for the Value Adjustment Board ("VAB"). Our Clerk, Pamela Hancock, asked me to respond to your January 24th email to her about the presentation of evidence at your VAB hearing. I'm not sure I totally understand your email, so I'll address the evidence requirements generally with the hope that I respond to you. Please don't hesitate to get back to me if I don't succeed. When you are scheduled for a hearing before a VAB Special Magistrate, you are asked by the Property Appraiser's Office ("PAO") to provide it within 15 days of the hearing with the evidence you intend to use at the hearing. Then the PAO has to provide you with its evidence. This way both sides have a chance to prepare for the hearing (which, despite all the Perry Mason moments we've seen on TV, is not supposed to have any surprises). This is called the Exchange of Evidence rule. This year for the first time, the Florida Department of Revenue relaxed the Exchange of Evidence rule. A taxpayer, such as yourself, now has the option not to hand over evidence to the PAO 15 days from the hearing -- the Department changed the rule in response to taxpayer complaints that it is sometimes too difficult to gather the evidence far enough in advance. If the taxpayer wishes not to give the PAO the evidence and instead to reveal it at the hearing, then the PAO must be given a reasonable time to review it. If that can't be done at the hearing, then the hearing must be postponed. Our PAO encourages taxpayers to follow the Exchange of Evidence rule. Taxpayers receive a letter from the PAO asking for the evidence. I don't recall what happened in your case. But if you brought evidence to the hearing only, then you probably heard me ask the PAO whether they needed some time to review it. In your email to Ms. Hancock, you highlighted some sentences asking the taxpayer to bring copies of the evidence to the hearing. The purpose of this is to make sure that the Clerk receives at least one copy of all the evidence submitted at the hearing. The Clerk's interest is to develop a full record of what happened at the hearing in each case, whether evidence was submitted to the PAO 15 days early or for the first time on the day of the hearing. I hope this helps. Bob Tischenkel Counsel, VAB 1 /24/2011 r* . L4 TE F /LE / y PETITION TO THE VALUE ADJUSTMENT BOARD DR-486 REQUEST FOR HEARIN R. 12/09 IP ED FOR RECO Rule 12D-16.o02 t�q� "a Administrative Code OF "� 2010 SEP 28 MM ►►���� You have the right to an informal conference with the property appraiser. This conference is not re�Glrl :Aidoes not change your filing due date. You can present facts that support your claim and the proper* Oopraisercpp present facts that support the correctness of the assessment. To request a conference, contact your county p(qper-,a rsiis�fi C For portability of homestead assessment difference, use form DR-486PORT. 444f6)orRg ti s,,use DR-48613P. Petition # 1V 2 0 ! County M -1 o e- Tax Year 2- o I 1141 Date received 9 4g /( v �. e PART 1. Taxpayer Information Taxpayer name Deborah L. Acker Agent Mailing Street Gulf Parcel ID and 00357270-000000 address Marathon, Ma. FI33050 physical address 601-603 124th Street Gulf , for notices or TPP account # Marathon, FL 33050 Phone 305-289-3871 Fax Email dlacker@bellsouth.net The standard way to receive information is by US mail. If possible, I prefer to receive information by ❑✓ Email [-]Fax 0 Send me a copy of the real property record card or tangible property worksheet with my hearing notice. ❑ I will not attend the hearing but would like my evidence considered. In this instance only, you must submit duplicate copies of your evidence to the value adjustment board clerk. Florida law allows the property appraiser to cross examine or object to your evidence. The VAB special magistrate ruling will occur under the same statutory guidelines as if you were present. Type of property: 0 Res. 1-4 units ❑ Industrial and miscellaneous ❑ High-water recharge ❑ Historic, commercial or nonprofit ❑ Commercial ❑ Res. 5+ units ❑Agricultural or classified use ❑ Vacant lots and acreage ❑ Business machinery, equipment PART 2. Reason for Petition Check one. if more than one, file a separate petition. 0 Real property value ❑ Denial of exemption. Select or enter type: ❑ Denial of classification ❑ Denial for late filing of exemption or classification. Include a date stamped copy of application. ❑ Parentlgrandparent reduction ❑ Tangible personal property value. A return required by s.193.052 must have been filed. (S.194.034, F.S.) ❑ Check here if this is a joint petition. Attach a list of parcels with property appraiser's determination that parcels are substantially similar. (S. 194.011(3)(e) and (f), F.S.) 1 5 Enter the time you think you need to present your case. Most hearings take 15 minutes. The VAB is not bound by minutes the requested time. For single joint petitions for multiple parcels, provide the time needed for the entire group. ❑ There are specific dates I or my witnesses will not be available to attend. I have attached a list of the dates. You have the right to exchange evidence with the property appraiser. To initiate the exchange, you must submit your evidence directly to the property appraiser at least 15 days before the hearing and request the property appraiser's evidence. At the hearing, you have the right to have witnesses swum. PART 3. Certification Under penalties of perjury, I declare that I am the owner of the property described in this petition or the authorized agent of the owner for purposes of filing this petition and for purposes of becoming agent for service of process under s. 194.011(3)(g), F.S., and that I have read this petition and the facts stated in it are true. Deborah L. Acker 9-13-2010 Signature, taxpayer Print name Date Signature, agent Professional license number or FBN A petition filed by an unlicensed agent must be signed by the taxpayer or include written authorization from the taxpayer. ❑ I am filing this petition after the petition deadline. I have attached a statement of the reasons I filed late and any documents that support my statement. Your petition will not be complete until you pay the filing fee. When the VAB has reviewed and accepted it, they will assign a number, send you a confirmation, and give a copy to the property appraiser. Buyer's and Sellers Combined Closing Statement DAVID P. KIRWAN ATTORNEY AT LAW NM: Tl a fam u furouhed to give you a statement of aetud sManeat meta. Ammtft paid to and by the sedan at agent are shown. 1ImOe nN&W '(p o c.r wrap paid oalarde ffie ckwk& they are shown bm fa intanwamol pwpo= sod am ast mcluded is dw totals. NAME OF BUYER Deborah Acker ADDRESS OF BUYER 803 124th Street' Gult Maraftxk FL 33050 NAME OF SELLER: Elwin L. Button ADDRESS OF SELLER: 603 124th Street, Gulf; Marathon, FL 33050 NAME OF LENDER: ADDRESS OF LENDER: PROPERTY 601-603 124th Suoet, Grdf LOCATION: Mwadion, FL 33050 SETTLEMENT AGENT: DAVID P. KIRWAN, ATTORNEY AT LAW 5800 OVERSEAS HIGHWAY, SUITE 4, MARATHON, FL 33050 PLACE OF SETTIXMEPiT: 5800 OVERSEAS HIGHWAY, SUITE 4, MARATHON, FL 33050 Emma%.—STER&CM SUMKARV OF SELL1eR TRANSACTION 1 1 7 10&9= to 40LAssompena to 0 40 ill to 412, to 120_ CdOES AMOUNT DUE Fwm BUYER 176,M-M 420. GROSS AMOUNT DUB TO SELLER ER 173,24131 200. AMOUNTS PAID BY OR IN BEHALF OF BUYER 5W. RBDUCnONS IN AMOUNT DUE TO SF1LL�t of 504 of 204, 207 Adjustment for itrans by xlla usuaettls for items unpaid by sdia 11 5 1 213, 13. to 4. to 514 215, to IS 216, 516 to 217, 17bo 51& to 219. to 519. to 220. TOTAL AMOUNTS PAID BY OR IN BEHALF OF BUYER 4,167AI 520. TOTAL RFDUCnONS IN AMOUNT DUB SELLER 175y1131 300.CASH ATSLTTSFI@TTMOM=BUYER 600.CASHATSBTTLEmE(JTTc/FR SELLER 301' er 120 1 601. C 175241.31 175 1.31 303.CASH ® From []To BUYER 4167.61 602 in 172JS&70 W&CASH ® To ❑ Frax SELLER STATE 4 MARATHON, FL 3" COM Dbpv a+� a-am7a mro-I—s.....r AQIBR BUTTON 'Buyers and Seller's Combined Closing Statement PACE b c�9 /J?Q a�Jfr Buyer -C��t�1,•!� Seiler Deborah Acker Elwin L Butum ` Buyer Seller DATE: 9/13/2010 ACKM BUTTON 7 MONROE COUNTY VALUE ADJUSTMENT BOARD Late -Filed Petition Determinations (Acceptances and Remands) Pursuant to the Uniform Rules of Procedure for Hearings Before Value Adjustment Boards, chapter 12D-9 of the Florida Administrative Code, and the authority delegated to me by the Value Adjustment Board, the following "good cause" determinations are hereby made with respect to petitions filed after the deadline for their receipt on September 14, 2010. Requests for Late -Filed Petitions Accepted: Lower Florida Keys Hospital District — 5860 College Road, Key West Frank and Mary Schmidt — 310 91h Street, Key Colony Beach Deborah Acker — 601-603 124`h Street Gulf, Marathon P-C4 - -- Robert Tischenkel Board Attorney, Value Adjustment Board October 7, 2010 Note: Au person aggrieved by a Determination set forth herein may appeal to the 16' Judicial Circuit in and for Monroe County, pursuant to section 194.036, Florida Statutes. VALUE ADJUSTMENT BOARD CLERK'S NOTICE Monroe County DR-485WCN N. 8/09 To: Deborah Acker From: Pamela G. Hancock 803 124th Street Gulf Clerk, Value Adjustment Board Marathon FL 33050 Address: PO Box 1980 Key West FL 33041 Petition # Not Assigned Phone: 305-295-3130 X Fax: Agent # Email: phancock@monroe-clerk.com This notice will inform the parties of the following action taken on the petition. You have 10 days to complete the petition and return it to the value adjustment board. ❑ (Rule 12D-9.016(7), F.A.C.) The petition will not be set for hearing because it was not completed and filed as specified in the previous ❑ clerk's notice. (Rule 12D-9.016(7), F.A.C.) The board found good cause for your failure to file your petition on time. The clerk will schedule a hearing by ❑ separate notice. (Rule 12D-9.016(9)(d), F.A.C.) The board did not find good cause for your failure to file your petition on time. Your petition will not be ❑ scheduled for hearing. (Rule 12D-9.016(9)(e), F.A.C.) ❑ Your petition was returned. There was no filing fee included with the petition. ❑We received duplicate petitions for this property. The VAB is trying to resolve this issue. Please contact the clerk when you recieve this notice. The property appraiser has produced a revised assessment (attached). You have the right to present ❑ additional evidence at a continuation hearing. We will schedule a hearing unless you notify the VAB clerk in writing that you agree with the revised assessment. (Rule 12D-9.030(9), F.A.C.) ❑X Other, specify: Your Petition to Value Adjustment Board was received after the filing deadline of September 14, 2010. Please forward a letter to this office explaining the circumstances that prevented you from filing on time by October 8, 2010. The attorney to the Value Adjustment Board will review the explanation and determine whether you have demonstrated good cause for the late file. Should he determine that you have, your petition will be processed. If he determines that you have not demonstrated good cause, your petition and filing fee will be returned to you. Certificate of Service I certify a true copy was served by US mail or the method requested on the petitioner's form on: 0 petitioner ❑ other ❑ A copy was provided to the property appraiser. /9 September 28, 2010 Signature, deputy clerk Date Value Adjustment Board Pamela Hancock, Clerk PO Box 1980 Key West, FL 33041 Dear Pamela, I received the attached letter from you asking to explain why the VAB form was received by you after the deadline of September 14, 2010. The reason it was late was that I have _NOT received a "2010 Notice of Proposed Property Taxes"or any tax information on this property. I purchased the property 601-603 124`h Street Gulf on August 16, 2010. The parcel ID is 00357270-000000 . Alternate key is 1439312. The past owner was Elwin Button and perhaps he has received the 2010 tax notice? I was looking online to see what was going on and to get an idea of what the appraisal value was and what the tax might be. I noticed the market value was much more than what I paid for the property. SO I immediately filled in the VAB form and mailed it with the check. I would sincerely appreciate your allowing my VAB form to proceed. I would also appreciate getting 2010 Notice of proposed property taxes on this property as soon as possible. Thank you �e aC14,�_ ! G - l - Z o1v Deb Acker 803 124 Street Gulf Marathon, FL 33050 M VALUE ADJUSTMENT BOARD DR485WCN CLERK'S NOTICE N.8/09 Monroe County To: Deborah L. Acker From: Pamela G. Hancock 803 124th Street Gulf Clerk, Value Adjustment Board Marathon FL 33050 Address: PO Box 1980 Key West FL 33041 Petition # R1010-2010 Phone: 305-295-3130 X Fax: Agent # Email: phancock@monroe-clerk.com This notice will inform the parties of the following action taken on the pettbon4 You have 10 days to complete the petition and return it to the value adjustment board. (Rule 12D-9.016(7), F.A.C.) The petition will not be set for hearing because it was not completed and filed as specified in the previous clerk's notice. (Rule 12D-9.016(7), F.A.C.) The board found good cause for your failure to file your petition on time. The clerk will schedule a hearing by separate notice. (Rule 12D-9.016(9)(d), F.A.C.) The board did not find good cause for your failure to file your petition on time. Your petition will not be scheduled for hearing. (Rule 12D-9.016(9)(e), F.A.C.) Your petition was returned. There was no filing fee included with the petition. We received duplicate petitions for this property. The VAB is trying to resolve this issue. Please contact the clerk when you recieve this notice. The property appraiser has produced a revised assessment (attached). You have the right to present ❑ additional evidence at a continuation hearing. We will schedule a hearing unless you notify the VAB clerk in writing that you agree with the revised assessment. (Rule 12D-9.030(9), F.A.C.) ❑ Other, specify: Certificate of Service I certify a true copy was served by US mail or the method requested on the petitioner's form on: petitioner ❑ other �X A copy was provided to the property appraiser. 10/7/10 Signature, dep ty clerk Date Page 1 of 3 Pam Hancock From: "Deb Acker" <d_acker@bellsouth.net> To: "MaryAnne Greger" <MGreger@mcpafl.org> Cc: "Pam Hancock" <phancock@monroe-clerk.com> Sent: Monday, October 18, 2010 1:22 PM Subject: Re: Petition R1010-2010 601-603 124th Street Gulf YES, Please schedule VAB hearing. I will attend. I will be away but will return on November 6, 2011. The whole idea of a VAB is to have real people look at cases. I again have no problem with the properties you selected as far as real sales prices. Only with the "adjusted sales price", which I have asked to have logic explained. Perhaps someone else can explain at VAB. Surely, someone should understand how they are arrived at? Thank you for your efforts. Deb Acker From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> Cc: Pam Hancock <phancock@monroe-clerk.com> Sent: Mon, October 18, 2010 10:52:53 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Ms. Acker We use a methodology for Mass Appraisal which is used throughout the County and does take into consideration, lot size, age or improvement, living space square footage, time of sale and adjustments are made in line with the subject property. At this time we feel confident in our methods and our 2009 qualified sales. Should you have any other information you wish me to review from the 2009 data, I would be happy to do so. We will wait to hear from you or hear from the VAB for our scheduled hearing. Thank you MaryAnne Greger MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 From: Deb Acker [mailto:d_acker@bellsouth.net] Sent: Monday, October 18, 2010 10:31 AM To: MaryAnne Greger Cc: Pam Hancock Subject: Re: Petition R1010-2010 601-603 124th Street Gulf I respectively still do not understand your reasoning and would appreciate your answering my issues outlined in letter. Thank you 10/19/2010 Page 2 of 3 / Z From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> Cc: Pam Hancock <phancock@monroe-clerk.com> Sent: Mon, October 18, 2010 9:00:29 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Good Morning Ms. Acker I will be happy to put into tour program AK 1545473. This property sold in January of 2009. The other properties sold in Sept., Oct. and Nov. of 2009 and at that time they sold for a higher value Please see the attached comp sheet which does take this AK into consideration Our process is done on the computer with a program that does adjust for lot size, age, living area, time adjustment for the when in 2009 that property actually sold and more. Unfortunately we cannot consider what you or anyone else would have paid in 2009 or in 2010 as that is an individual personal decision. Please let me know if there is any thing else I can help you with in this matter. I do understand that this process is something we do all year and is not necessarily as easy for a property owner. I will do my best to clarify anything I can for you. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 From: Deb Acker [mailto:d_acker@bellsouth.net] Sent: Saturday, October 16, 2010 8:59 AM To: MaryAnne Greger Subject: Re: Petition R1010-2010 601-603 124th Street Gulf Please look at attached letter. I relooked at only qualified sales and woudl appreciate your consideration. Thanks Deb From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> Sent: Thu, October 14, 2010 9:04:37 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Ms. Acker In regards to comp #4 that I supplied you with I believe you are looking at the "school taxable value" which is $ 70,279 for 2009, however the Just Value is $200,919. Please keep in mind that some homeowners are homesteaded and that is a separate assessment. You will need to look at the Just Value column As for Comp # 3 base on our adjustments for land, age, size and other variations this property does have an adjusted price of $230.197. 1 hope this is helpful information. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 10/19/2010 Page 3 of 3 / 3 From: Deb Acker [mailto:d_acker@bellsouth.net] Sent: Wednesday, October 13, 2010 7:09 PM To: MaryAnne Greger ; phancock@monroe-clerk.com Subject: Re: Petition R1010-2010 601-603 124th Street Gulf Thank you and I have attached a letter with comments on your comps and adding 5 more comps that I found . If you have any questions on my comments please email me or call me so we can discuss. Sincerely, Deb Acker From: MaryAnne Greger <MGreger@mcpafl.org> To: dlacker@bellsouth.net Sent: Wed, October 13, 2010 10:25:16 AM Subject: Petition R1010-2010 124th Street Gulf Ms. Acker Please see attached the comp sheet we have prepared for your above petition. We are required to use qualified sales from 2009. Should you have any further questions, please feel free to contact me. apologies for any confusion, as once we spoke with legal counsel, it was clear that you could submit your petition. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing. F.S. 668.6076. This message was sent from the Monroe County Property Appraiser's Office, PO Box 1176, Key West, Florida 33041-1176 . Telephone - (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292- 3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 10/19/2010 /V October 18, 2010 Value Adjustment Board Pamela Hancock, Clerk and MaryAnne Greger, C.F.E. PO Box 1980 Key West, FL 33041 RE: PARCEL NUMBER 00357270-000000 ALTERNATE KEY 1439312 Dear Pamela and MaryAnne , I respectively still disagree with your letter dated October 18,2010.1 question property 1630357 that sold for $225,000 and has much more LAND( actually 2.5 times the land of my property) and 1586463 that sold for $237,500 and has more Living SF. It is not the actual sales prices l disagree with, that is a matter of public record. 11 is the your "adjusted sales prices" on these two. Please explain exactly why the adjusted sales prices would be more than the actual sales price. Also you have an assessed value of $200,919 on property 1586463, so your own figures do not agree with the adjusted sales price value either. 1 do not disagree with your assessed value, agala only disagree with your"adjusted sates price". 1.1402052 (larger lot of 6527 SF, larger living space 2214 SF),your adjusted price is 12j; 4,035 2.1412759 (larger lot at 8250 SF,larger living space 1526 SF), your adjusted price is $196,21 3.1630357 (is 3 lots Lot size is Land is 15750 SF) it did sell for, actual sales price is $225, but should be adjusted down for the extra land. Please explain why the land was not taken into account. Check you program input? 4.1586463 ( Living space is 1728 SF which is much larger), your "assessed market value" for 2009 is $200,919 Please explain why YOUR assessed value is so different form the YOUR adjusted sales price of $283,537? 5.1545473 your adjusted price is $174,373 If we take the number above highlight numbers above, then the average is $184,110, which again makes sense to me as a good market/assessed value on my property. 1 am a retired IBM computer programmer. Computer Programs are only as good as those who programmed them, which are human beings, that can make errors or incorrect judgments. Computers are only as good as the input put in. "garbage in, garbage out".1 surely hope that as human beings we still use our brains and do not always count on a computer to think for us. I am again asking you as reasonable logical people to look at my above logic and please explain and justify how you got "your adjusted sales price numbers". If a computer, then explain the logic that the program is using to justify the output it is getting. Thank you, Sincerely Deb Acker 803 124 Street Gulf Marathon, FL 33050 dlacker,c belNouth.net 305-289-3871 I�- October 13, 2010 Value Adjustment Board Pamela Hancock, Clerk and MaryAnne Greger, C.F.E. PO Box 1980 Key West, FL 33041 RE: PARCEL NUMBER 00357270-000000 ALTERNATE KEY 1439312 Dear Pamela and MaryAnne , I received the letter from MaryAnne dated October 12,2010 and I have the following comments: 1.1402052 (larger lot of 6527 SF,larger living space 2214 SF),your adjusted price is $124,035 2.1412759 (larger lot at 8250 SF,larger living space 1526 SF), your adjusted price is $196,225 3,1630357 has an assessed value at $192,163 not $230,197, your assessed value is $192,163 4.1586463 had an assessed value by your office in 2009 of $70,279 and in 2010 at $157,907 Based on your above examples the average is no more than $167,582.50 Now I have found the following comps in your files: 1.1419052 sold 10-20-2009 2.1270831 sold 5-20-2009 3.1493724 sold 7-08-2009 4.1164437 sold 12-17-2009 5.9007956 sold 9-21-2009 actual sales price $142,900 actual sales price $130,000 actual sales price $173,500 actual sales price $139,900 actual sales price $114,000 If you add in my comps with yours, the average is $152,292. I therefore believe that the market value is "no more" than the actual $175,000 that I paid and am requesting that your assessment be reduced. Thank you Deb Acker 803 124 Street Gulf Marathon, FL 33050 dlacker(Wbellsouth.net 305-289-3871 Page 1 of 1 N Pam Hancock From: "Deb Acker" <d_acker@bellsouth.net> To: "MaryAnne Greger' <MGreger@mcpafl.org>; <phancock@monroe-clerk.com> Sent: Wednesday, October 13, 2010 7:08 PM Attach: letter VAB 10-13-2010 values.PDF Subject: Re: Petition R1010-2010 601-603 124th Street Gulf Thank you and I have attached a letter with comments on your comps and adding 5 more comps that found . If you have any questions on my comments please email me or call me so we can discuss. Sincerely, Deb Acker From: MaryAnne Greger <MGreger@mcpafl.org> To: dlacker@bellsouth.net Sent: Wed, October 13, 2010 10:25:16 AM Subject: Petition R1010-2010 124th Street Gulf Ms. Acker Please see attached the comp sheet we have prepared for your above petition. We are required to use qualified sales from 2009. Should you have any further questions, please feel free to contact me. I apologies for any confusion, as once we spoke with legal counsel, it was clear that you could submit your petition. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing. F.S. 668.6076. This message was sent from the Monroe County Property Appraiser's Office, PO Box 1176, Key West, Florida 33041-1176. Telephone - (305) 292-3420 10/14/2010 17 January 13, 2011 Value Adjustmen4Board Pamela Hancock, Clerk and MaryAnne Greger, C.F.E. PO Box 1980 Key West, FL 33041 RE: PARCEL NUMBER 00357270-000000 ALTERNATE KEY 1439312 Dear People„ Attached is last letter I received from your office dated October 18, 2010. It listed 5 properties as comps, but only the first two properties listed where located in the City of Marathon. Therefore, I have used these two properties to justify the reduction of my assessment on my property. Property I.&JIftlarger lot of 6527 SF,larger living space 2214 SF), your adjusted price is $124,035 Property 2. 1412759`(larger lot at 8250 SF,larger living space 1526 SF), your adjusted price is $196,225 I accept your two above comparisons and your adjusted prices on these properties. Even thought the two above properties have much Larger Lots, one has carport, the other has two central Air conditioning systems and has lateral sewers attached, NONE of these featured existed on the property that I purchased, but I am very willing to accept your above listed comparisons. The average of the above two adjusted prices is $160.130. Which is lower than what I am asking you to reduce my property to. I am further requesting that you keep the value low for coming year as values have gone down and according to real estate specialists in Marathon, the values are down at least a full percentage point over the past year. Every day on TV we hear that the housing market is still in decline and will be for awhile. As further proof that my property should be valued at no more than what I paid for it, 1$ 75,000. I have also included the other sale comps for the city of Marathon in 2010 for your review. Please reduce my assessment for both years to $175,000. Thank you, Sincerely Deb Acker 803 124 Street Gulf Marathon, FL 33050 dlacker@beIIsouth.net 305-289-3871 0 i ��pRIDq � MONROE COUNTY PROPERTY APPRAISER a COUNTY COURTHOUSE P.O. BOX 1176 V • �� r" KEY WEST FLORIDA 33041 CFA PHONE (305) 292-3420 ERVIN A. HIGGS, C.F.A.-CRA October 18, 2010 Ms. Deborah 124th Street Gulf Marathon, Florida 33050 RE: OWNER: Deborah Acker PARCEL NUMBER: 00357270-000000 ALTERNATE KEY: 4438312 Ms. Acker This office has reviewed the 2010 Just Value for the referenced property and has selected the following sales as comparables. Sales Price: Gross Sales Price of Comparable Adjusted Sales Price: Adjustments made to show differences between comparables and subject AK SALE DATE SALES PRICE ADJUSTED SALES PRICE Mf�R�Tt+otJ pRoPtRT�' 1412759 1124/2009 $ , 210,000 -- —#63036T /V,01 10/28/2009 $ 225,000 $ 230,197 ,158A3 HRr#M1)A1/25/2009 $ 237,500 $ 283,537 15454pRn7,r�7ff1-/E,51 /7/2009 $ 200,000 $ 174,373 0 - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - SUBJECT (JUST VALUE) $ 225,072 RANGE (ADJUSTED SALES PRICE) $ 124,035 TO $ 283,537 The data shown above was compiled upon request from the property owner or their anent. This is a preliminary review of the referenced property's value and comparable sales. The comparable sales used above may be refined, or better comparables as provided through more detailed research, may be used in future analyses or discussions. I hope this is helpful in your review of the 2010 Just Value estimate. If you have any questions, please do not hesitate to contact this office. Thank You, MaryAnne Greger, C.F.E. MCPAO cc: file Property Search -- Monroe County Property Appraiser Pagel of 5 9 f Ervin A. Higgs, CFA p � p p office (305) 292-3420 Pro e Appraiser fax (305) 292-3501 Monroe County, Florida MONDAY - JANUARY 17TH - The Property Appraiser'. Alternate Key: 1439312 Parcel ID: 00:4,5m270-000000 fRoP�Q�`� Ownership Details Mailing Address: ACKER DEBORAH L UE 803 124TH STREET GULF MARATHON, FL 33050-3519 Property Details PC Code: 08 - MULTI FAMILY LESS THAN 10UNITS Millage Group: 50CM Affordable Housing: No Section -Township- 05-66-33 Range: Property Location: 601 124TH ST GULF MARATHON 603 124TH ST GULF MARATHON Subdivision: CE-DEL SUBD Legal Description: LT 5 CE-DEL SUBDIVISION PB5-37 CRAWL KEY NO.1 OR438-646 OR1391-516/21 OR1392-1456157WILL OR1394-1903D/C OR1422-2334/35 OR1445-411 OR2479-1471 LIE http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 2 of 5 Z� i Iti C ���- N jAo , �o and Deta is Land Use Code Frontage Depth Land Area 080D - MULTI RES DRY 80 75 6,000.00 SF Number of Buildings: 1 Number of Commercial Buildings: 0 http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 3 of 5 z/ Total Living Area: 1450 Year Built: 1971 b.:ca F €u4 -S Building Type R2 Condition A Effective Age 17 Perimeter 166 Year Built 1971 Special Arch I Functional Obs 0 Economic Obs 0 Inclusions: R2 includes 2 3-fixture baths and 2 kitchens. Roof Type GABLE/HIP Roof Cover METAL Heat 1 NONE Heat 2 NONE Heat Src 1 NONE Heat Src 2 NONE Extra Features: 2 Fix Bath 0 3 Fix Bath 0 4 Fix Bath 0 5 Fix Bath 0 6 Fix Bath 0 7 Fix Bath 0 Extra Fix 0 Sections: Quality Grade 500 \ Depreciation % 23 Q` et�i Grnd Floor Area Q Foundation CONCRETE SLAB Bedrooms 2 18 FT. 18 FT. 4 FTSB _ 4 FT',- 4 FT - 8 FT. -.,T.--.1FT. 74 FT. FLU-+ I-1: 0_Irr. 14 FT. FT. 17 FT. 4 FT?PF FT. 4 FT. 1u8-o Vacuum 0 Garbage Disposal 0 Compactor 0 Security 0 Intercom 0 Fireplaces 0 Dishwasher 0 25 FT. Nbr Type Ext Wall # Stories Year Built Attic A/C Basement % Finished Basement % Area 1 FLA 5:C.B.S. 1 1971 N N 0.00 0.00 1,450 2 SBF 5:C.B.S. 1 1971 N N 0.00 0.00 72 4 SBF 5:C.B.S. 1 1971 N N 0.00 0.00 72 6 OPF 1 1971 N N 0.00 0.00 108 http://www.mcpafl.org/PropSearch.aspx 1 / 11 /2011 Property Search -- Monroe County Property Appraiser Page 4 of 5 22 Misc Improvement details Nbr Type # Units Length Width Year Built Roll Year Grade Life 1 AP2:ASPHALT PAVING 1,625 SF 65 25 1988 1989 1 25 2 AC2:WALL AIR COND 4 UT 0 0 1975 1976 2 20 3 UB2:UTILITY BLDG 80 SF 10 8 1975 1976 1 50 5 FN2:FENCES 144 SF 24 6 1984 1985 2 30 6 PT3:PATIO 312 SF 26 12 1972 1973 2 50 kuilding Permi i Bldg Number Date Issued Date Completed Amount Description Notes P207-169 02/16/2007 02/16/2008 8,000 Parcel Value History Certified Roil Values. y!evv Taxes for t-'c`IECei Roll Year Total Bldg Value Total Misc Improvement Value Total Land Value Total Just (Market) Value Total Assessed Value School Exempt Value School Taxable Value 2010 152,792 3,280 69,000 225,072 225,071 25,000 200,072 2009 156,565 3,280 84,000 243,845 243,845 25,000 218,845 2008 176842 2,880 165,000 344,722 344,722 25,000 319,722 2007 187;819 2,880 150,000 340,699 340,699 0 340,699 2006 162,936 2,880 195,000 360,816 360,816 0 360,816 2005 218,816 2,892 97,500 319,208 319,208 0 319,208 2004 119,967 2,904 76,500 199,371 199,371 0 199,371 2003 152,296 2,229 11,100 165,625 165,625 0 165,625 2002 52,027 2,369 11,100 65,496 65,496 0 65,496 2001 52,027 2,514 11,100 65,641 65.641 0 65,641 2000 52,027 1,604 11,100 64,731 64,731 0 64,731 1999 52,027 1,680 11,100 64,807 64,807 0 64,807 1998 52,027 1,756 11,100 64,883 64,883 0 64,883 1997 58,090 1,581 11,100 70,771 70,771 0 70,771 1996 58,090 1,645 11,100 70,835 70,835 0 70,835 1995 63,311 1,710 11,100 76,121 76,121 0 76,121 1994 63,311 1,775 11,100 76,186 76,186 0 76,186 1993 63,311 1,229 11,100 75,640 75,640 0 75,640 1992 65,458 1,287 11,100 77,845 77,845 0 77,845 1991 65,458 1,346 11,100 77,904 77,904 0 77,904 1990 65,458 1,404 11,100 77,962 77,962 0 77,962 1989 62,840 0 11,100 73,940 73,940 25,000 48,940 1988 53,641 0 11,100 64,741 64,741 25,000 39,741 1987 52,937 0 11,100 64,037 64,037 25,000 39,037 http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 5 of 5 Z3 1986 53,230 0 11,100 64,330 64,330 25,000 39,330 1985 50,979 0 11,040 62,019 62,019 25,000 37,019 1984 47,871 0 11,040 58.911 58,911 25,000 33,911 1983 47,909 0 11,040 58,949 58,949 25,000 33,949 1982 44,845 0 4,872 49,717 49.717 25,000 24.717 Parcel Sales History NOTE: Sales do not generally show up in our computer system until about two to three months after the date of sale if a recent safe does not show up in this list, please allow more tirne for the sale record to be processed Thank you for your patience and understanding. Sale Date Official Records Book/Page Price Instrument Qualification W"r2 1e 2479 / 1471 175,000 WD 01 2/1/1997 1445 / 0411 54,500 WD S 2/1/1974 438 / 646 2,500 00 Q This page has been visited 11,493 times. Monroe County Property Appraiser Ervin A. Higgs, CFA P.O. Box 1176 Key West, FL 33041-1176 http://www.mcpafl.org/PropSearch.aspx 1 /11 /2011 Property Search -- Monroe County Properly Appraiser Page 1 of 6 Z Ervin A. Higgs, CFA office (305) 292-3420 Property Appraiser ppraiser fax (305) 292-3501 Monroe County, Florida MONDAY - JANUARY 17TH - The Property Appraiser': Alternate Key: 1402052 Parcel 1 : 00327820-000000 s !. Mailing Address: GATTO RONALD J AND PHYLLIS R JT REV TR 4/2102 758 UPPER COVE LOOP DAYTON, TN 37321 SEEMWALS= PC Code: 08 - MULTI FAMILY LESS THAN 10UNITS Millage Group: 50CM Affordable No Housing: Section- 10-66-32 Township -Range: Property 500 43RD ST GULF MARATHON Location: Subdivision: MEAD SUBD Legal MEAD SUB P132-115 KEY VACA N 1/2 LOT 6 AND S 50' LOT 7 BLK 2 OR545-748 OR620-66 OR769-74 Description: OR866-417 OR967-1222 OR1007-2002 OR1048-465 OR1048-466 OR1264-559/56OR/S OR1812-1754 OR1812-1755 OR2161-414 OR2434-665 http://www.mcpafl.org/PropSearch.aspx 1 / 11 /2011 Property Search -- Monroe County Property Appraiser Page 2 of 6 2- Mead � J I > Law.! Detail's Land Use Code Frontage Depth Land Area 080D - MULTI RES DRY 0 0 6,527.50 SF 080D - MULTI RES DRY 0 0 4,895.62 SF hq://www.mcpafl.org/PropSearch.aspx 1 /11 /2011 Property Search -- Monroe County Property Appraiser Page 3 of 6 Z6 Number of Buildings: 1 Number of Commercial Buildings: 0 Total Living Area: 2214 Year Built: 1967 Building Type R2 Condition A Effective Age 35 Perimeter 388 Year Built 1967 Special Arch I Functional Obs 0 Economic Obs 0 Inclusions: R2 includes 2 3-fixture baths and 2 kitchens. Roof Type IRR/CUSTOM Roof Cover ASPHALT SHINGL Heat 1 NONE Heat 2 NONE Heat Src 1 NONE Heat Src 2 NONE Extra Features: 2 Fix Bath 1 3 Fix Bath 1 4 Fix Bath 0 5 Fix Bath 0 6 Fix Bath 0 7 Fix Bath 0 Extra Fix 0 Quality Grade 500 Depreciation % 3 Grnd Floor Are oe 4000� Foundation CONCRETE SLAB Bedrooms 4 Vacuum 0 Garbage Disposal 0 Compactor 0 Security 0 Intercom 0 Fireplaces 0 Dishwasher 0 10 FT. FLA. �; 11ti4: 12-FT. 1_FT. FT_ 10 FT. npp FL- __ u 1 F10 74 15 FT. 1 < 34 3R is, ''+J 50 18FT. 1:FT 18FT. -FT. 305FT. T r SW FLA 64041: 22 FT. FLA 1 _Wj-140 40 FT. 10 FT 40 FT. 40 FT. FLA 180-56 18 FT. 30 FT. 10 FT. Sections: 16 FT. Nbr Type Ext Wall # Stories Year Built Attic A/C Basement % Finished Basement % Area 1 FLA 5:C.B.S. 1 1967 N N 0.00 0.00 1,200 2 OPF 1 1991 N N 0.00 0.00 180 3 FLA 5:C.B.S. 1 1967 N N 0.00 0.00 84 http://www.mcpafl.org/PropSearch.aspx 1 / 11 /2011 Property Search -- Monroe County Property Appraiser Page 4 of 6 Z% 4 FLA 1:WD FRAME 1 1991 N N 0.00 0.00 110 5 SBF 3:WD FR STUCCO 1 1991 N N 0.00 0.00 220 6 FLA 1:WD FRAME 1 1991 N 180 8 FLA 1:WD FRAME 1 1991 N N 0.00 0.00 640 9 ODU 1 1991 N N 0.00 0.00 270 Elise 'improvement Details Nbr Type # Units Length Width Year Built Roll Year Grade Life 1 PT3:PATIO 256 SF 16 16 1981 1982 2 50 2 FN2:FENCES 660 SF 110 6 1979 1980 2 30 3 FN2:FENCES 522 SF 87 6 1999 2000 2 30 4 AP2:ASPHALT PAVING 407 SF 37 11 1981 1982 1 25 5 CA2j0W 300 SF 25 12 1981 1982 2 50 6 AC2:WALL AIR COND 1 UT 0 0 1999 2000 3 20 7 AC2:WALL AIR COND 3 UT 0 0 2000 2001 2 20 8 AC2:WALL AIR COND 1 UT 0 0 2005 2006 1 20 9 UB2:UTILITY BLDG 96 SF 12 8 2002 2003 1 50 10 PT3:PATIO 812 SF 0 0 1975 1976 2 50 11 FN2:FENCES 68 SF 17 4 1979 1980 2 30 12 PT2:BRICK PATIO 300 SF 75 4 1979 1980 1 50 13 PT2:BRICK PATIO 40 SF 20 2 1979 1980 1 50 14 PT2:BRICK PATIO 72 SF 9 8 1979 1980 1 50 Appraiser Notes 04-01-10 PUT PHYSICAL ON LAND DUE TO OVERSIZE LOT. DKW 9-13-10 CHANGED THE EA OF BUILDING. DKW 2003, 1/23 CBS BLDG HAS WOOD FACING ON FRONT (076) KEYED 69% 5/13/03 BH JAN 06/2006 FRONT LOWER RIGHT SBF CHANGED TO FLA 180SF RENTED AS OFFICE SPACE. Parcel Value History Certified Roll Values. View Taxes for this Marcel. Roll Year Total Bldg Value Total Misc Improvement Value Total Land Value Total Just (Market) Value Total Assessed Value School Exempt Value School Taxable Value 2010 185,373 10,325 98,525 294,223 294,223 0 294,223 2009 242,181 10,669 159,924 412,774 412,774 0 412,774 2008 310,201 9,058 314,136 633,395 633,395 0 633,395 2007 324,763 8,865 285,579 619,207 619,207 0 619.207 2006 299,295 9,015 371,252 679,562 679,562 0 679,562 http://www.mcpafl.org/PropSearch.aspx 1 /11 /2011 Property Search -- Monroe County Property Appraiser Page 5 of 6 7- 2005 345,274 9,293 185,626 540,193 382,894 25,000 357,894 2004 261,125 9,591 54,145 324,861 309,867 25,000 284,867 2003 227,065 9,870 60,543 297,478 297,478 25,000 272,478 2002 138,139 2,864 22,846 163,849 163,849 0 163,849 2001 138,139 2,953 22,846 163,938 154,955 25,000 129,955 2000 138,139 1,966 22,846 162,950 153,092 25,000 128,092 1999 102,325 1,498 22,846 126,669 126,669 25,000 101,669 1998 102,325 1,540 22,846 126,711 126,711 25,000 101,711 1997 102,325 1,582 22,846 126,753 126,753 25,000 101,753 1996 102,325 1,636 22,846 126,807 126,017 25,000 101,017 1995 102,325 1,689 17,134 121,148 121,148 25,000 96,148 1994 102,325 1,743 17,134 121,202 121,202 25,000 96,202 1993 89,796 1,796 17,134 108,726 108,726 25,000 83,726 1992 92,840 1,850 17,134 111,824 111,824 25,000 86,824 1991 41,459 0 17,134 58,593 58,593 25,000 33,593 1990 41,459 0 9,791 51,250 51:250 25,000 26,250 1 1989 41,459 0 9,791 51,250 51,250 25,000 26,250 1988 33,859 0 9,791 43,650 43,650 25,000 18,650 1987 33,473 0 9,791 43,264 43,264 25,000 18,264 1986 33;629 0 9,791 43,420 43,420 25,000 18,420 1985 32,386 0 8,350 40,736 40,736 25,000 15,736 1984 30,420 0 8,350 38,770 38,770 25,000 13.770 1983 30,473 0 8,350 38,823 38,823 0 38,823 1982 31,010 0 5,370 36,380 36,380 0 367380 Parcel Sales History NOTE: Sales do not generally show up in our computer system until about two to three months after the date of sale. If a recent sale does not show up in this list. please allow more time for the sale record to be processed. Thank you for your patience and understanding. Sale Date Official Records Book/Page Price Instrument Qualification Ing_....... 10/17/2005 2161 / 414 600,000 WD Q 8/30/2002 1812 / 1755 290,000 WD Q 6/1/1993 1264 / 559 126,000 WD I 10/111982 866 / 417 10,000 Qc Q 7/1/1978 769 / 74 26,500 00 Q This page has been visited 11,483 times. Monroe County Property Appraiser Ervin A. Higgs, CFA http://www.mcpafl.orgJPropSearch.aspx 1 / 11 /2011 Property Search -- Monroe County Property Appraiser Page 1 of 5 29 Ervin A. Higgs, CFA office pp oce (305) 292-3420 PropertyA raiser fax (305) 292-3501 Monroe County, Florida MONDAY - JANUARY 17TH - The Property Appraiser', Alternate Key; 1412759 Parcel Q : 00331090-000 00 Mailing Address: GILMARTIN JOSHUA 10890 7TH AVE GULF MARATHON, FL 33050-3020 Property Details All Owners: can OeT . 1$ , e-01V HILLMAN KRISTA T/C, GILMARTIN JOSHUA PC Code: 08 - MULTI FAMILY LESS THAN 10UNITS Millage Group: 51CM Affordable Housing: No Section -Township- 06-66-33 Range: Property Location: 10880 7TH AVE GULF MARATHON 10890 7TH AVE GULF MARATHON Subdivision: KEY COLONY SUBD NO 4 Legal Description: BK 2 LT 9 KEY COLONY SUBD NO 4 P134-23 KEY VACA OR590-706 OR823-1751 OR990-663/664/C OR1329-1106RS OR2423-349/50 OR2444-1146/47 http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 2 of 5 3� Parcel Nlap Exemptions P � A 0 0 Exemption Amount 37 - SPECIAL HOMESTEAD 25,000.00 44 - ADDL HOMESTEAD 25,000.00 http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property• Appraiser Page 3 of 5 31 Ld D et#N Land Use Code Frontage Depth Land Area 080D - MULTI RES DRY 75 110 8.250.00 SF uitdimg, 1- e-�m� a :st Number of Buildings: 1 Number of Commercial Buildings: 0 Total Living Area: 1526 Year Built: 1972 :1 rR,etail , Building Type R2 Condition A Effective Age 38 Perimeter 184 Year Built 1972 Special Arch I Functional Obs 0 Economic Obs 0 Inclusions: R2 includes 2 3-fixture baths and 2 kitchens. Roof Type GABLE/HIP Roof Cover TAR & GRAVEL Heat 1 NONE Heat 2 NONE Heat Src 1 NONE Heat Src 2 NONE Extra Features: 2 Fix Bath 0 3 Fix Bath 0 4 Fix Bath 0 5 Fix Bath 0 6 Fix Bath 0 7 Fix Bath 0 Extra Fix 0 lFl. 1fiF►. -1 )F 13 FT. FLA EFD 1;72�1- 118 FT. Quality Grade 500 Depreciation Grnd Floor Ar 1,526Q�, FT 5 FT. 13 FT. 17 FT. c• FT. 17, FT. c• FT. 1-1 FT. � VbUI FT. + �_ o.JP FT. 18-18 18-18 Foundation CONCR FTR Bedrooms 4 Vacuum 0 Garbage Disposal 0 Compactor 0 Security 0 Intercom 0 Fireplaces 0 Dishwasher 0 26 FT. http://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 4 of 5 3 Z. Sections: Nbr Type Ext Wall # Stories Year Built Attic A/C Basement % Finished Basement % Area 1 FLA 5:C.B.S. 1 1972 N Y 0.00 0.00 1.526 2 OUF 1 1972 N N 0.00 0.00 80 3 OUF 1 1972 N N 0.00 0.00 18 4 OUF 5:C.B.S. 1 1971 N Y 0.00 0.00 18 5 EFD 1 1972 1,526 Misc Improvement Details Nbr Type # Units Length Width Year Built Roll Year Grade Life 1 CL2:CH LINK FENCE 780 SF 195 4 1978 1979 1 30 Appraiser Notes 4/17/01 TPP 8581441 - RENTAL Building Bldg Number I Date Completed Date Amount Description Notes sueP2010- 08/06/2010 6,400 REPLACEMENT OF AIRHANDLER AND CONDENSING 0981 UNIT ON EACH SIDE P2006- 08/16/2006 2,850 INSTALL SEWER LATERAL AND ABANDON OLD SEPTIC 1218 TANK Parcel Value History Certified Rolf ValUeS. V!etivTaxes for this Parcel. Roll Year Total Bldg Value Total Misc Improvement Value Total Land Value Total Just (Market) Value Total Assessed Value School Exempt Value School Taxable Value 2010 130,865 546 94,875 226,286 226,286 25,000 201,286 2009 154,464 1,662 115,500 271,626 271,626 0 271,626 2008 201,125 1,693 226,875 429,693 429,693 0 429,693 2007 213,609 1,665 206,250 421,524 421,524 0 421,524 2006 185,464 1,696 268,125 455,285 455,285 0 455,285 2005 249,070 1,727 134,063 384,860 384,860 0 384,860 2004 191.824 1,758 99,000 292,582 292,582 0 292,582 2003 158,063 1,789 70,125 229,977 229,977 0 229,977 2002 110,962 1,820 70,125 182,908 182,908 0 182,908 2001 99,866 1,851 32,175 133,892 133,892 0 133,892 2000 99.866 1,493 24,750 126,109 114,034 25,000 89,034 1999 73.900 628 24,750 99,278 99,278 25,000 74,278 up n://www.mcpafl.org/PropSearch.aspx 1/11/2011 Property Search -- Monroe County Property Appraiser Page 5 of 5 33 1998 73:900 628 24,750 99,278 99,278 25,000 74,278 1997 73.900 628 23,100 97,628 97,628 25,000 72,628 1996 73,900 645 23,100 97,645 97,645 25,000 72,645 1995 73,900 668 23,100 97,668 97,668 25,000 72,668 1994 73,900 685 23,100 97,685 97,685 0 97,685 1993 71,058 702 23,100 94,860 94,860 0 94,860 1992 73,466 725 23,100 97,291 97,291 0 97,291 1991 73.466 742 23,100 97,308 97,308 0 97,308 1990 73,466 809 23,100 97,375 97,375 0 97,375 1989 73,466 882 18,942 93,290 93,290 0 93,290 1988 64,857 839 18,942 84,638 84,638 0 84,638 1987 63,963 0 13,530 77,493 77,493 0 77,493 1986 64,281 0 13,530 77,811 77,811 0 77,811 1985 61,632 0 11,700 73,332 73,332 0 73,332 1984 58,082 0 11,700 69,782 69,782 0 69,782 1983 47,608 0 11,700 59,308 59,308 0 59,308 1982 54,566 0 8,152 62.718 62,718 0 62,718 Parcel Saies History NOTE: Sales do not generally show up in our computer system until about two to "three months after the date of sale. If a recent sale does not show up in this list. please allow more time for the sale record to be processed. Thank you for your patience and understanding. Safe Date Official Records Book/Page Price Instrument Qualification 11/24/2009 2444 / 1146 210,000 WD ......... 01 ...... 6/9/2008 2423 / 349 100 QC J 10/1/1994 1329 / 1106 110,000 WD Q 12/1/1980 823 / 1751 50,000 WD Q 2/1/1974 590 / 706 45,000 00 Q This page has been visited 11,488 times. Monroe County Property Appraiser Ervin A. Higgs, CFA P.O. Box 1176 Key West, FL 33041-1176 http://www.mcpafl.or&ropSearch.aspx 1 /11 /2011 Property Search -- Monroe County Property Appraiser Page I of I 5V Ervin A. Higgs., CFA office (305) 292-3420 Property Appraiser fax (305) 292-3501 Monroe County., Florida MONDAY - JANUARY 17TH - The Property Appraiser I cnou.�I' et: Nava' 4 Search Ret�ults ALL -D) C (P L-)( &S ('am 0 5 4)f E) �;a'?-- ti a rcr% 0 V) 20 10 V dd % A ake& -M a P- k-& .0 ek\ U-C Alternate Key sale Date sale Price Location OR Book/ Page PC Qualification Improved? Taxing District 9/27/2010 534 11 TH STOCEAN MARATHON 248711442 08 01 Yes 50CM 2/512010 1 low 623 73RD STOCEAN MARATHON 2452/1734 08 02 Yes 50CM 7/2/2010 253 109TH STOCEAN MARATHON 2474/568 08 01 Yes 51CM 2/24/2010 487 116TH STOCEAN MARATHON 2454/2160 08 01 Yes 51 CM 8/10/201� . $175j STGULF 603 124TH MARATHON 2479/1471 08 01 Yes 50CM This page has been visited 11,496 times. Monroe County Property Appraiser Ervin A. Higgs, CFA P.O. Box 1176 Key West, FL 33041-1176 hq://www.mcpafl.org/PropSearch.aspx 1/11/2011 Worst Housing Forecasts in 2011 Page 1 of 2 3S Thursday 13, January 2011 Housing, Research 1 orst Markets Worst Housing Forecasts in 2011 For a time government stimulus money combined with lower home prices and historically low mortgage rates to drive home sales and prices in some areas of the country higher, but the so- called second leg in the housing market downturn is underway in many regions ofthe U.S. Led by fourteen states, the worst 25 forecast housing markets are projected to deflate in average values in 2011 as the nation grows more accustom to a new sort of economy with less bank lending, more restrictive credit requirements, higher unemployment and social change. However, the rapid pace of deflation has eased from both 2010 and 2009. The improving forecast demonstrates that housing markets are moving towards stabilizing, but still have a long way to go before reaching a balance. Record setting bank assisted short sales, foreclosures and an over -supply of inventory are hurting the under -lying economy, and pressuring home prices. Hammered by homeowners who can no longer at%rd to make payments on their properties, a second home vacation market Bend, Oregon leads the list on the worst 25. Two gambling centers, Las Vegas, Nevada and Atlantic City, New Jersey follow where millions of investors made their bets on real estate instead of putting their money down on the table without even knowing it as bankers gambled their assets leveraging their loan portfolios as high as 40 to 1. 1. Bend, OR - 11.5% 2. Las Vegas, NV - 10.8% 3. Atlantic City, NJ - 10.8% 4. Miami, FL - 10.8% 5. Medford, OR - 10.5% 6. Manhatitan, NY - 10.3% 7. Ocean City, NJ - 10.3% 8. East Providence, RI - 9.5% 9. Jacksonville, FL - 9.3% 10. Orange Beach, AL - 9.3% 11. Providence, RI - 9.2% 12. Honolulu, HI - 9.1 % 13. Montgomery, AL - 9.0% 14. Wilmington, DL - 8.9% 15. Naples, FL - 8.9% 16. Macon, GA - 8.6% 17. Newark, DL - 8.6% 18. Decatur, IL - 8.5% 19. Henderson, NV - 8.5% 20. Hilo, HI - 8.5% 21. Detroit, MI - 8.4° o 22. Greenwich, CT - 8.4% 23. Phoenix, AZ - 8.3% 24. Chicago, IL - 8.3% 25. Atlanta, GA - 8.2% Re{ina"- Refinance Rates January 13th 30 ry Fixed Ratc 15 yr Fixed Rate 5't ARMl - Zip Code - Ads by C;oogle 2011 Market Collapse? Technical indicators suggest market collapse could begin within month Foreclosure defense in FL Stop foreclosure - Stopa Law Firm. Experience matters. Read our blog! 2 Stocks to Hold Forever Buy them, forget about them, and never sell them. Obama's HAMP Program Prevent Foreclosure! Get Qualified Instantly Here 888-881-1682 Attract More Shoppers Online & mobile tool for driving mail Traffic & Sales. Learn More! +1i sli 3'3�4:i Two in 3 U.S. homes have mortgages. If home prices keep declining will you walk away from a mortgage? Yes No Submit Vote to See Results Ij 1 http://www.housingpredictor.com/2011 /worst-markets.html 1/13/2011 Page 1 of 4 36 Pam Hancock From: "MaryAnne Greger" <MGreger@mcpafl.org> To: "Deb Acker" <d—acker@bellsouth.net>; "Pam Hancock" <phancock@monroe-clerk.com> Sent: Wednesday, January 12, 2011 8:25 AM Attach: Request for Information for 2010 VAB.doc Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Ms. Acker I am unable to use the information you have sent me today, as there was a 15 day time table for you to submit your data that you wish be present to the VAB to our office. That time has passed as our hearing it tomorrow. I have attached the letter that was sent out to you informing you of the rules for the hearing. Please contact the Clerk of the Court should you have any other questions. If you have any further questions for me, please contact me at 305-289-2554 MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 From: Deb Acker [mailto:d—acker@bellsouth.net] Sent: Tuesday, January 11, 2011 8:46 PM To: Pam Hancock; MaryAnne Greger Cc: Marybeth Lentz Subject: Petition R1010-2010 601-603 124th Street Gulf Attached is my request validated by using your the properties listed on your last letter to me dated October 18, 2010. I therefore request that you please read the attached letter and reduce my property value as validated by your own research. I am hoping we can save some valuable time by you doing this now and therefore we can make Thursday's meeting quick. I do very much respect your efforts and would like to save time so you can do other valuable work for our community. Please look at letter and lets come to agreement that is appropriate. I thank you again for your time. Deb Acker dlacker bellsouth.net From: Pam Hancock <phancock@monroe-clerk.com> To: Deb Acker <d—acker@bellsouth.net>; MaryAnne Greger <MGreger@mcpafl.org> Cc: Marybeth Lentz <mlentz@mcpafl.org> Sent: Tue, October 19, 2010 8:31:42 AM Subject: Re: Petition R1010-2010 601-603 124th Street Gulf I will schedule you for a hearing in the next week or so. You will be give a minimum of 25 days notice of the date. ---- Original Message ----- From: Deb Acker To: MaryAnne Greger 1/12/2011 -7 ([�pR104 A O` JOE3 "AA t� y MONROE COUNTY PROPERTY APPRAISER m COUNTY COURTHOUSE P.O. BOX 1176 KEY WEST, FLORIDA 33041 CFA PHONE (305) 292-3420 ERVIN A. HIGGS, C.F.A.-CRA November 5, 2010 Ms. Deborah Acker 803 124th Street Gulf Marathon, Florida 33050 Re: Petition #R1010-2010 AK # 1439312 Ms. Acker; Our records indicate that you have an active petition(s) before the 2010 Monroe County Value Adjustment Board (VAB). In this regard this office requests the following: List of individuals who will be testifying and the facts or other evidence they will present. 2. List of all documentary evidence you intend to offer in support of your petition either to challenge the Just Value or Assessed Value as established by the Property Appraiser's Office or to support your asserted value. 3. If your property, real or tangible personal, is used to produce income for a trade or business, or is leased as income property, provide all information related to the revenue and expenses attributable to the property. 4. A list of all market information that you assert supports your petition on either the basis of why the assessed value of this office exceeds just value or to support your asserted value. The information should be provided within a reasonable time to be reviewed by the PAO but in no event less than 14 days prior to any VAB hearing. Florida State Statute 194.034(d) states, "Notwithstanding the provisions of this subsection, no petitioner may present for consideration, nor may a board or special master accept for consideration, testimony or other evidentiary materials that were requested of the petitioner in writing by the property appraiser of which the petitioner had knowledge and denied to the property appraiser". Information requested by the Property Appraiser for preparation of the 2010 tax roll and not supplied by the property owner will not be admissible evidence in any VAB hearing or subsequent legal challenge (Higgs v. Good, 813 So. 2d 178 (Fla. 3d DCA 2002). If your appeal has been resolved, or if you have withdrawn your appeal, please disregard this letter. If your appeal has been resolved please be sure to notify the Monroe County Clerk's Office so that the appeal is removed from the docket. If you have any questions, or if we can be of any additional assistance, please do not hesitate to contact this office. Sincerely, Karl D. Borglum Assistant Property Appraiser For: E. A. Higgs, C.F.A.-CRA Monroe County Property Appraiser Page 2 of 4 -32 Cc: Pam Hancock Sent: Monday, October 18, 2010 1:22 PM Subject: Re: Petition R1010-2010 601-603 124th Street Gulf YES, Please schedule VAB hearing. I will attend. I will be away but will return on November 6, 2011. The whole idea of a VAB is to have real people look at cases. I again have no problem with the properties you selected as far as real sales prices. Only with the "adjusted sales price", which I have asked to have logic explained. Perhaps someone else can explain at VAB. Surely, someone should understand how they are arrived at? Thank you for your efforts. Deb Acker From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> Cc: Pam Hancock <phancock@monroe-clerk.com> Sent: Mon, October 18, 2010 10:52:53 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Ms. Acker We use a methodology for Mass Appraisal which is used throughout the County and does take into consideration, lot size, age or improvement, living space square footage, time of sale and adjustments are made in line with the subject property. At this time we feel confident in our methods and our 2009 qualified sales. Should you have any other information you wish me to review from the 2009 data, I would be happy to do so. We will wait to hear from you or hear from the VAB for our scheduled hearing. Thank you MaryAnne Greger MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 From: Deb Acker [mailto:d_acker@bellsouth.net] Sent: Monday, October 18, 2010 10:31 AM To: MaryAnne Greger Cc: Pam Hancock Subject: Re: Petition R1010-2010 601-603 124th Street Gulf I respectively still do not understand your reasoning and would appreciate your answering my issues outlined in letter. Thank you From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> 1/12/2011 Page 3 of 4 .31 Cc: Pam Hancock <phancock@monroe-clerk.com> Sent: Mon, October 18, 2010 9:00:29 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Good Morning Ms. Acker I will be happy to put into tour program AK 1545473. This property sold in January of 2009. The other properties sold in Sept., Oct. and Nov. of 2009 and at that time they sold for a higher value Please see the attached comp sheet which does take this AK into consideration Our process is done on the computer with a program that does adjust for lot size, age, living area, time adjustment for the when in 2009 that property actually sold and more. Unfortunately we cannot consider what you or anyone else would have paid in 2009 or in 2010 as that is an individual personal decision. Please let me know if there is any thing else I can help you with in this matter. I do understand that this process is something we do all year and is not necessarily as easy for a property owner. I will do my best to clarify anything I can for you. MaryAnne Greger Property Appraiser, C. F. E. 305 289-2554 From: Deb Acker [mailto:d_acker@bellsouth.net] Sent: Saturday, October 16, 2010 8:59 AM To: MaryAnne Greger Subject: Re: Petition R1010-2010 601-603 124th Street Gulf Please look at attached letter. I relooked at only qualified sales and woudl appreciate your consideration. Thanks Deb From: MaryAnne Greger <MGreger@mcpafl.org> To: Deb Acker <d_acker@bellsouth.net> Sent: Thu, October 14, 2010 9:04:37 AM Subject: RE: Petition R1010-2010 601-603 124th Street Gulf Ms. Acker In regards to comp #4 that I supplied you with I believe you are looking at the "school taxable value" which is $ 70,279 for 2009, however the Just Value is $200,919. Please keep in mind that some homeowners are homesteaded and that is a separate assessment. You will need to look at the Just Value column As for Comp # 3 base on our adjustments for land, age, size and other variations this property does have an adjusted price of $230.197. I hope this is helpful information. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 From: Deb Acker [mailto:d_acker@bellsouth.net] 1/12/2011 Page 4 of 4 q0 Sent: Wednesday, October 13, 2010 7:09 PM To: MaryAnne Greger; phancock@monroe-clerk.com Subject: Re: Petition R1010-2010 601-603 124th Street Gulf Thank you and I have attached a letter with comments on your comps and adding 5 more comps that found . If you have any questions on my comments please email me or call me so we can discuss. Sincerely, Deb Acker From: MaryAnne Greger <MGreger@mcpafl.org> To: dlacker@bellsouth.net Sent: Wed, October 13, 2010 10:25:16 AM Subject: Petition R1010-2010 124th Street Gulf Ms. Acker Please see attached the comp sheet we have prepared for your above petition. We are required to use qualified sales from 2009. Should you have any further questions, please feel free to contact me. I apologies for any confusion, as once we spoke with legal counsel, it was clear that you could submit your petition. MaryAnne Greger Property Appraiser, C.F.E. 305 289-2554 Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing. F.S. 668.6076. This message was sent from the Monroe County Property Appraiser's Office, PO Box 1176, Key West , Florida 33041-1176 . Telephone - (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 (305) 292-3420 Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing. F.S. 668.6076. This message was sent from the Monroe County Property Appraiser's Office, PO Box 1176, Key West, Florida 33041-1176. Telephone - (305) 292-3420 1/12/2011 v -1 e-1 0 N 0 rq y2 MONROE COUNTY PROPERTY APPRAISER COUNTY COURTHOUSE F.O. BOX 1176 KEY WEST FLORIDA 33041 PHONE (305) 292-3420 ERVIN A. HIGGS, C.FA.-CRA October 18, 2010 Ms. Deborah 124th Street Gulf Matathon, Fiodda 33050 RE: OWNER: Deborah Acker PARCEL NUMBER: 00357270-000000 ALTERNATE KEY: 1439312 Ms. Acker This office has reviewed the 2010 Just Value for the referenced property and has selected the fallowing sales as comparables. Sales Price: Gross Sales Pride of Comparable Adjusted Sales Price: Adjustments made to show differences between comparables and sutod AK SALE DATE SALES PRICE ADJUSTED SALES PRICE !-1RAeff"IIJ 1402052 9Q512009 $ 215,000 $ 124,035 pROKRTiE` 1412759 112412009 $ 210,000 $ 196,225 1630357 1028!2009 $ 225.000 $ 230,197 1 SM463 11 /25/2009 $ 237.500 $ 283.537 1545473 117/2009 $ 200.000 $ 174,373 0 $ - 0 - $ - - 0 - $ - - 0 _ $ 0 - $ - - 0 - $ - - 0 - $ - - SUBJECT (JUST VALUE) $ 1 RANGE (ADJUSTED SALES PRICE) $ 1 TO The • •1: Oxwm above was compiled upon reguestfrom the pCo".11 oww or their agent • = U = • ta- 1-i1 1 �.' '�1'.�.=�/1 t=! ._ = I • r•�11 •: [ ". _ =r /.= r•JA':= t=_•.. • •� s� s •� • • • • • •TAN =�:�' ' J 1 !i- cu !rl'. • .�.=sl. ill - t- : =t= 1 tt:: a 1,1 r.. 1 AA. a1= •.=1►:, .' l 1-1 I hope this is helpful in your review of the 2010 Just Value estimate. If you have any questions, please do not hesitate to contact this office. Thank You, MaryAnne Grege r, C.F.E. MCPAO file L V 3 MONROE COUNTY PROPERTY APPRAISER COUNTY COURTHOUSE P.O. BOX 1176 KEY WEST, FLORIDA 33041 PHONE (305) 292-3420 CFA ERVIN A. HIGGS, C.F.A.-CRA To: 2010 Value Adjustment Board From: MaryAnne Greger, CFE MCPAO Robert Hubbard, Supervising Appraiser Re: R 10 104-2010 Ms. Deborah Acker Acct: AK # 1439312 RE # 00357270-000000 Lctn: 124th St Gulf, Marathon Florida/ Lt 5 Ce-Del/ Crawl Key subdivision Correctness (FS 194.301): All properties are appraised using approved mass cost, income or comparable sales appraisal methodology including mass appraisal modeling of similarly competing properties. This mass appraisal methodology is corroborated by direct sales comparison or direct income analysis where appropriate and applicable. Also, included with the narrative is a residential comparison grid for the subject property and comparable sales that comports to appraisal grids used by the appraisal industry nationwide. In addition to applying approved mass appraisal practices; submitting an appraisal grid, the Monroe County Property Appraiser's Office has considered each of the following eight criteria (FS 193.011). • All value determinations made by the Property Appraiser's Office are in terms of present cash or equivalent terms. • All appraisals performed by the Property Appraiser's Office consider the highest and best use of the property. The analysis of highest and best use can be summed up in four criteria; physically possible, legally permissible, financially feasible and maximally productive. The highest and best use of the subject property is reasonably reflected by its present use. • All appraisals performed by the Property Appraiser's Office consider the location of the subject property in developing the just value. • All appraisals performed by the Property Appraiser's Office consider the quantity (size) of the property both in terms of land and improvements and these quantities are adjusted for in the comparable sale approach if appropriate and applicable. • All appraisals performed by the Property Appraiser's Office consider the cost of the property in terms of the present replacement value of the improvements. This methodology typically produces a threshold or floor value in the current market in Monroe County. While the cost method is considered, typically direct market extractions produce better indications of value because it can be very difficult to accurately determine the soft costs such as entrepreneurial profit and land value and to estimate some components of depreciation. Comparable sales comparison includes these components of value. • All appraisals performed by the Property Appraiser's Office consider the condition of the property. Adjustments are made for the differences in condition between the subject property and the comparable sales where appropriate and applicable. • All appraisals performed by the Property Appraiser's Office consider the income or potential income from the subject property where appropriate and applicable. • All appraisals performed by the Property Appraiser's Office consider the net proceeds of the sale of property if applicable in the methodology. The mass appraisal model is calibrated to calculate and compensate for costs of sale. This is evidenced by the measures of central tendency. Any comparable methodology will show cost of sale directly. MONROE COUNTY PROPERTY APPRAISER COUNTY COURTHOUSE P.O. BOX 1176 KEY WEST, FLORIDA 33041 PHONE (305) 292-3420 F ERVIN A. HIGGS, C.F.A.-CRA To: 2010 Value Adjustment Board From: MaryAnne Greger, C.F.E Monroe County Robert Hubbard, C.F.E., Supervising Appraiser Re: Appeal R1010-2010 Acct: AK # 1439312 RE # 00357270-000000 803 124`h Street Gulf, Marathon, Florida 33050 Lctn: Lt # 5 Ce-Del / Crawl Key Subdivision Comments: The subject property is a multi- family CBS structure home located in Ce-Del/Crawl Key Subdivision. This parcel is on a dry lot. To the best of this office's knowledge, this improvement has 2 bedrooms and 2 bathrooms. This home was built in 1971 • All value determinations made by the Property Appraiser's Office are in terms of present cash or equivalent terms. • All appraisals performed by the Property Appraiser's Office consider the highest and best use of the property. The analysis of highest and best use can be summed up in these four criteria; physically possible, legally permissible, financially feasible and maximally productive. The highest and best use of the subject property is reasonably reflected by its present undeveloped state with a building permit attached. • All appraisals performed by the Property Appraiser's Office consider the location of the subject property in developing the just value. • All appraisals performed by the Property Appraiser's Office consider the quantity (size) of the property both in terms of land and improvements. • All appraisals performed by the Property Appraiser's Office consider the cost of the property in terms of the present replacement value of the improvements. In this case there are no improvements. • All appraisals performed by the Property Appraiser's Office consider the condition of the property. • All appraisals performed by the Property Appraiser's Office consider the income or potential income from the subject property. In the instant case, the property is a single family residential and would not generate income, unless the property owner should choose to rent all or part. Typically income methodology does not produce a reliable value for vacant land unless the rental of vacant lots constitutes either the prevailing market or a substantive market segment. qb • All appraisals performed by the Property Appraiser's Office consider the net proceeds of the sale of property if applicable in the methodology. This is evidenced by the measures of central tendency. Comparable Sales: Four sales of comparable residences are submitted in the attached analysis of value for the subject property. As in most neighborhoods in Monroe County, a wide range of property types exist in close proximity to each other. Each of these properties has varying degrees of comparability as one would assume would occur in an open market in a non -homogeneous neighborhood. The comparables listed are considered the best current sales available reflecting the subject's market value. The comparable sale properties have been adjusted to represent the subject property for location, size and quality. The subject's 2009 just value is well supported by the available market indicators. A complete comparison grid of the subject property and comparable sales is included within this document. Photos of the comparable sales are also attached. Following is a list of sales considered to be the best comparables available for the subject property. Sales AK # Address Sales Date Price Value indicator 1402052 500 43`d St Gulf 9/25/2009 $215,000 $124,035 1412759 10890 71h Ave, Gulf 11/24/2009 $210,000 $196,225 / 1399574 1452 51St St 10/30/2009 $350,000 $342,371 1044423 1300 Ashby St KW 7/14/2009 $286,000 $237,096 1060887 1634 Johnson KW 4/29/2009 $235,000 $224,215 SUBJECT 1439312 120 St Gulf $225,072 Indicated Value Range: $124,035 to $342,371 Subject's 2008 Just Value: $225,072 Conclusion: The Property Appraiser's Office has properly considered all statutory criteria in the valuation process. The appraised value of the subject property is calculated using a mass appraisal model that yielded statistical results well within state and national standards for the county and immediate surrounding neighborhood. Direct market comparison to comparable sale properties conducted by this office corroborates the value generated by the mass appraisal model. All evidence available to this office at the present time indicates that the 2008 Just Value as published in this analysis by the Property Appraiser's Office is supported by transactions occurring in the open market. 1-/1/c / /Lt- - y7 PETITION TO THE VALUE ADJUSTMENT BOARD DR-466 REQUEST FOR HEARiNC- R 12/09 l' Rule 12D-16.002 ofy�RT rn l� C�� F?�co a Administrative Code OF REVENUE 143R31�- OkO0 SOc-w 28 7D!D Sip 28 MM ll�� You have the right to an informal conference with the property appraiser. This conference is not rej r!! akicices not change your filing due date. You can present facts that support your claim and the property appraiser cap present facts that support the correctness of the assessment. To request a conference, contact your county property appraaii%. ;; c For portability of homestead assessment difference, use form DR-486PORT. Fj6r deferral or penA4sr-use DR-486DP. lPebbon# IV/ 010 z" r County M- — J e. Tax Year Z 1 Date received `1 / PART 1, Taxpayer Information Taxpayer name Deborah L. Acker Agent ^ Parcel ID and 00357270-000000 Mailing 803 124th Street Gulf address Marathon, Fl. 33050 physical address 601-603 124th Street Gulf for notices or TPP account # Marathon, FL 33050 Phone 305-289-3871 Fax Email dlacker@bellsouth.net The standard way to receive information is by US mail. If possible, I prefer to receive information by ✓❑Email ❑Fax Q Send me a copy of the real property record card or tangible property worksheet with my hearing notice, ❑ i will not attend the hearing but would like my evidence considered. In this instance only, you must submit duplicate copies of your evidence to the value adjustment board clerk. Florida law allows the property appraiser to cross examine or object to our evidence. The VAS special magistrate ruling will occur under the same statutory guidelines as it you were present. Type of property:❑ Res. 1-4 units [] Industrial and miscellaneous ❑ High-water recharge ❑ Historic, commercial or nonprofd ❑ Commercial ❑ Res. 5+ units ❑Agricultural or classified use ❑ Vacant lots and acreage ❑ Business machinery, equipment PART 2. Reason for Petition Check one. If more than one, file a separate petition. ❑✓ Real property value ❑ Denial of exemption. Select or enter type: ❑ Denial of classification [] Denial for late filing of exemption or classification. Include a date stamped copy of application. ❑ Parent/grandpareerlt reductial [] Tangible personal property value. A return required by s.193.052 must have been filed. (S. 194.034, F.S.) ❑ Check here if this is a joint petition. Attach a list of parcels with property appraiser's determination that parcels are substantially similar. (S. 194.011(3)(e) and (f), F S.) 1 5 Enter the time you think you need to present your case. Most hearings take 15 minutes. The VAS is not bound by minutes the requested time. For single joint petitions for multiple parcels, provide the time needed for the entire group. ❑ There are specific dates 1 or my witnesses will not be available to attend. I have attached a list of the dates. You have the right to exchange evidence with the property appraiser. To initiate the exchange, you must submit your evidence directly to the property appraiser at least 15 days before the hearing and request the property appraiser's evidence. At the hearing, you have the right to have witnesses svwm. PART 3. Certification Under penalties of perjury. I declare that I am the owner of the property described in this petition or the authorized agent of the owner for purposes of filing this petition and for purposes of becoming agent for service of process under s. 194.011(3)(g), F.S., and that I have read this petition and the facts stated in it are true. } �cL y Cle'ke� Deborah L Acker 9-13-2010 Signature, taxpayer — Print name Date Signature, agent Professional license number or F8N A petition filed by an unlicensed agent must be signed by the taxpayer or include written authorization from the taxpayer. ❑ i am filing this petition after the petition deadline. I have attached a statement of the reasons I filed late and any documents that support my statement. Your petition will not be complete until you pay the filing fee. 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HIGGS, C.F.A.-CRA January 5, 2011 Ms. Deborah 124th Street Gulf Marathon, Florida 33050 RE: OWNER: Deborah Acker PARCEL NUMBER: 00357270-000000 ALTERNATE KEY: 1439312 Ms. Acker This office has reviewed the 2010 Just Value for the referenced property and has selected the following sales as comparables. Sales Price: Gross Sales Price of Comparable Adjusted Sales Price: Adjustments made to show differences between comparables and subject AK SALE DATE SALES PRICE ADJUSTED SALES PRICE 1402052 9/25/2009 $ 215,000 $ 124,035 1412759 11/24/2009 $ 210,000 $ 196,225 1399574 10/30/2009 $ 350,000 $ 342,371 1044423 7/14/2009 $ 286,000 $ 237,096 1060887 4/29/2009 $ 235,000 $ 224,215 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - 0 - $ - - SUBJECT (JUST VALUE) $ 225,072 RANGE (ADJUSTED SALES PRICE) $ 124,035 TO $ 342,371 The data shown above was compiled upon reauest from the property owner or their agent This is a preliminary review of the referenced property's value and comparable sales The comparable sales used above may be refined or better comparables as provided through more detailed research, may be used in future analyses or discussions. I hope this is helpful in your review of the 2010 Just Value estimate. 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O o O O O O O Im O OD O C O OD � 0 a N N W 0)C W � OD N r W M Z m < f O C O C H H r O C � 1 m N N O O � -' O N N P CJ N N � A O 93 Subjects Rentals Unit Type Unit 1 1 Bd 1Ba $ 725 Unit 2 1 Bd 1Ba $ 725 Unit 3 Unit 4 Unit 5 Unit 6 Unit 7 Unit 8 PGI $ 17,400 V & C 5% $ 870 EGI $ 16,530 Expenses 10% Management $ 1,653 3% Reserves $ 496 P.S.F. $ 2.50 Insurance $ 3,625.00 3% Maintenance $ 496 Total $ 6,270 Net Operating Income $ 10,260 Indicated Cap. Rate 4.43% Tax Rate 0.811410% Loaded Cap. Rate 5.24% Indicated Value $ 195,910 # Units Indicated Cap. Rate EGIM 2 Units 5.02% 14.45 2 Units 2.11% 32.11 2 Units 2.41% 22.04 nits 4.24% 17.20 3 Units 4.60% 3 Units 8.63% 8.87 3 Units 4.77% 15.76 4 Units 2.85% 22.78 4 Units 2.51% 27.39 4 Units 3.20% 21.70 4 Units 2.79% 25.75 4 Units 7.84% 8.91 5 Units 6.76% 11.44 5 Units 10.55% 7.18 8 Units 4.43% 16.97 8 Units 7.19% 10.08 Median Capitalization Rate 4.430/o tow