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COM 0024.000 2010-2012
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COM 0024.000 2010-2012
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Last modified
1/11/2011 11:51:14 AM
Creation date
12/21/2010 11:29:52 AM
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Communications
Communications - Type
COM
Communications - Council Term
2010-2012
Communication
0024
Point
000
Author
Harold Murata, Chairman, Tax Board of Review
Communications - Referred To
FC
Comments
FC: Close file - 01/03/2011
Document Relationships
AGE FC 01/03/2011 2010-2012
(Related)
Path:
\Council Records\Agendas\2010-2012\Finance Committee (FC)
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Page 1 of 1 <br /> McCall, Mike <br /> From: M An <br /> Sent: Monday, May 24, 2010 11:07 AM <br /> To: McCall, Mike <br /> Subject: RE: Request for Records <br /> Attachments: Napoopoo and values.xls <br /> Hi Mike, <br /> I'll send over what I have. There was a recent ocean front lot sale in April 2010 for $1.2 Mil across the street from <br /> the subject. I analyzed older sales in the area and extracted a ratio of non oceanfront to oceanfront values and <br /> applied it to that recent $1.2mil sale. I came out with a value of $346,000 (see attached spreadsheet) for a non <br /> oceanfront lot and chose to settle at more conservative values closer to $300,000 for land on the non oceanfront <br /> Tots in the area (due to the appraisal methods used). After inspecting Charlene Rodrigues's property I also noted <br /> that the carport was miscoded as a garage and made the change for 2011. In addition to this the improvements <br /> showed deferred maintenance, specifically chipped and peeling stucco and a significant amount of missing roof <br /> shingles. The adjustments made for the CDU and carport indicated a new building value of $209,000. So <br /> basically, the settlement offers a land value of $300,000 and a new building value of $209,000 for a total of <br /> $509,000. I'll input the sketch in CA22 today as well. Let me know if you need any other info. <br /> Thanks, <br /> Angie <br /> From: McCall, Mike <br /> Sent: Thursday, May 20, 2010 12:27 PM <br /> To: Metriyakool, Angie <br /> Subject: Request for Records <br /> Angie, <br /> I just received an official request for copies of any records /files you have that were used to set the and values for <br /> TMK 8 -2- 005 - 025 -0000. Please send them to me ASAP as I need to respond to the request. Looking at the parcel <br /> it appears that the last time the value was changed was for 2007, so I assume that there has been nothing since <br /> to lower values. Just give me whatever you have, even if it justifies no change. <br /> Thanks, <br /> Michael B. McCall <br /> Assistant Administrator <br /> (808) 961 -8260 <br /> mmccall@co.hawaii.hi.us <br /> 5/24/2010 <br />
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