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HomeMy WebLinkAbout04-28-2025 Local Board of Appeals and Equalization Packet LOCAL BOARD OF APPEALS AND EQUALIZATION Mayor Amáda Márquez Simula Councilmembers Connie Buesgens Rachel James Justice Spriggs Laurel Deneen City Manager Aaron Chirpich City Hall—Council Chambers, 3989 Central Ave NE Monday, April 28, 2025 5:00 PM AGENDA ATTENDANCE INFORMATION FOR THE PUBLIC Members of the public who wish to attend may do so in-person, or by using Microsoft TeamsMeeting at columbiaheightsmn.gov/joinameeting ID 284 068 796 044, Passcode mb9Ve6yD. Additionally, members of the public may view the meeting live at columbiaheightsmn.gov/watch. For questions, please call the Administration Department at 763-706-3610. Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763 -706-3610 to make arrangements. WELCOME/CALL TO ORDER/ROLL CALL ITEMS FOR CONSIDERATION 1. Introduction. City Manager Aaron Chirpich will introduce the Anoka County Appraisers. 2. Statement of Purpose of the Board of Review. To review the property valuations as of January 2, 2025, for taxes payable 2026, and to hear appeals from property owners who feel aggrieved or have questions regarding property valuations. 3. Questions and Answers Regarding Property Values. Property owners in attendance will be given an opportunity to raise questions regarding their property valuations. 4. Council Actions Regarding Specific Cases or Cases on which Additional Information is Required. The Council may at this time take action regarding any of the properties that were discussed or instruct the County Assessor's Office to provide more information at a continued meeting. RECOMMENDED MOTION: Move to adopt the 2025 Assessment Rolls as presented. OR ALTERNATE MOTION: Move to continue the Board of Appeal & Equalization meeting to _______ for the purpose of hearing additional information regarding only those property values appealed on April 28, 2025 and to consider adoption of the 2025 Property Assessment Rolls. 1 City of Columbia Heights AGENDA April 28, 2025 Local Board of Appeals and Equalization Page 2 ADJOURNMENT Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements. 2 Local Board of Appeal and Equalization 3 Item 1. Columbia Heights Assessment Staff Name Position License ResponsibilityAlex Guggenberger County Assessor SAMA CountywideDiana Stellmach Senior Manager, Appraisers SAMA CountywideBrandon Hodge Senior Appraiser AMA Commercial/Industrial/Apartment/ExemptShane Gurek Residential Appraiser CMA Residential 1-3 Units Residential 91% Apartments 2% Commercial/Industrial 3% Exempt 4% Columbia Heights Property Breakdown 7,598 Parcels 4 Item 1. January 2nd •Annual Assessment Date Mid March •Valuation Notices & Tax Statements Mailed Mid-March Early May •Informal Appeals •Local Board or Open Book Meetings May 15th •1st Half Taxes Due June 16th •County Board of Appeal & Equalization Meeting (Clerical Error Only After) October 15th •2nd Half Taxes Due November 17th •2nd Half Agricultural Taxes Due Mid November •Truth in Taxation Notices Mailed Assessment & Taxation Timeline In Minnesota it is the duty of the Assessor to value and classify property. This is done annually as of the assessment date of January 2nd. All aspects of the assessment, including but not limited to the assessment date, sales period for each assessment and property tax classification are dictated by state statute and under the oversight of the Minnesota Department of Revenue. The Assessment & Taxation Calendar represents an annual timeline. 5 Item 1. Each spring Anoka County sends out a property tax bill (based on the prior year assessment) along with the Notice of Valuation and Classification. The notices include the Assessors estimate of market value along with the property classification(s) or use(s) as of January 2nd each year. Property Owners are encouraged to call the assessor regarding questions or concerns on their Value Notice. Owners located in a City or Townships having a Local Board of Appeal and Equalization (LBAE) MUST appeal there first if you wish to appeal at the County Board of Appeal and Equalization (CBAE). If property owners are still not satisfied with the outcome of the appeal methods above, they can appeal directly to Minnesota Tax Court. Tax Court Petitions may be filed any time after the Valuation Notice is received and before April 30th of the year taxes are payable. 6 Item 1. 2025 ASSESSMENTTwo (2) sales ratio studies are used in establishing market values. 12-month studyOctober 1, 2023 to September 30, 2024Sales Ratio 21-month studyJanuary 1, 2023 to September 30, 2024Sales Ratio + Trend Region (Columbia Heights) 90 95 100 105 90.8 94 Median Sales Ratio COD 8.03 Median 94 # o f Sales 228 Metric 2023 Res Sales 2024 Res SalesSales232228Median Sale Price 293,500 303,200Median Assessed Value 271,200 278,700 92.4 7 Item 1. Sales Map – 12 Month Study 8 Item 1. Median Sale Price vs Estimated Market Value $200,000 $220,000 $240,000 $260,000 $280,000 $300,000 $320,000 $340,000 $360,000 $380,000 $400,000 2021 2022 2023 2024 2025 Median Sale Price Median Estimated Market Value 9 Item 1. Market Value ChangeThe table below illustrates how values have changed from 2024 to 2025 by property type and how Columbia Heights compares to Countywide figures. Columbia Heights Countywide Property Type 2024 EMV 2025 EMV % Change (YOY)% Increase Due to NC Residential $43,148,103,400 $45,080,836,300 4.48%1.03% Apartment $3,417,426,500 $3,110,756,200 -8.97%0.19% Commercial $3,773,772,700 $3,757,256,600 -0.44%1.05% Industrial $3,809,580,000 $3,712,793,100 -2.54%1.06% Total EMV $55,089,145,500 $56,683,342,400 2.89%1.07% Property Type 2024 EMV 2025 EMV % Change (YOY)% Increase Due to NC Residential $1,797,148,600 $1,859,387,500 3.46%0.16% Apartment $311,468,700 $278,951,700 -10.44%0.00% Commercial $142,107,500 $127,649,300 -10.17%0.24% Industrial $26,076,400 $25,456,200 -2.38%0.00% Total EMV $2,276,801,200 $2,291,444,700 0.64%0.14% 10 Item 1. 11 Item 1.