Assessment Review Board
Commission de révision de l’évaluation foncière
ISSUE DATE: July 27, 2018
AMENDED DECISION ISSUED ON: August 15, 2018
Assessed Person(s): Nelson Stewart Taddeo
Appellant(s): Nelson Stewart Taddeo
Respondent(s): Municipal Property Assessment Corporation (“MPAC”) Region 32
Respondent(s): Township of Ignace
Property Location(s): 309 Garden Street
Municipality(ies): Township of Ignace
Roll Number(s): 6001-000-001-12100-0000
Appeal Number(s): 3256755 and 3315215
Taxation Year(s): 2017 and 2018
Hearing Event No.: 696884
Legislative Authority: Section 40 of the Assessment Act, R.S.O. 1990, c. A.31, as amended
Heard: May 01, 2018 by telephone conference call
APPEARANCES:
| Parties | Representative |
|---|---|
| Nelson Stewart Taddeo | Self-represented |
| MPAC | Carlene Steiner Dave Zabloski, Observer |
| Township of Ignace | No one appeared |
DECISION OF THE BOARD DELIVERED BY ANTHONY LaREGINA
Amended pursuant to Rule 114 of the Assessment Review Board’s Rules of Practice and Procedure, effective April 1, 2017
INTRODUCTION
1The subject property is a single-family one storey detached dwelling located at 309 Garden Street in the Township of Ignace. The home was built in 1939 and an effective year built of 1957 and is noted as being in average condition. The property has a dwelling with 848 square feet of building area located on the first floor and 182 square feet of unfinished space in the basement situated on a 0.11 acre lot. The property also has a detached garage with 634 square feet built in 1938. The current value assessment (“CVA”) was returned at $51,000 for the 2017 tax year and $33,500 for the 2018 tax year.
2Carlene Steiner, the assessor from MPAC, provided the Assessment Review Board (“Board”) with an estimate of current value of $26,500 based on six comparable property sales located within the vicinity of the subject property. Ms. Steiner made no further equity adjustment after presenting an equity study showing a median Assessment to Sale Ratio (“ASR”) of 1.0. Ms. Steiner recommends a reduction of the assessment as returned from $51,000 for the 2017 and $33,500 for 2018 taxation years to $26,500 for both 2017 and 2018 taxation years.
3Nelson Stewart Taddeo, (“Appellant”) submits that MPAC has started with an assessed value of $51,000 and then reduced it to $33,500 and now as a result of the request for reconsideration has once again reduced it to $26,500. Mr. Taddeo believes that based on the depressed economy in the Township of Ignace, and the fact that his home is located in the older part of town, the assessment should be further reduced by 30% from $33,500 to $23,450 for both the 2017 and 2018 taxation years.
ISSUES
4The issues to be determined are:
Amended pursuant to Rule 114 of the Assessment Review Board’s Rules of Practice and Procedure, effective April 1, 2017
i.) What is the correct current value of the subject property for the 2017 and 2018 taxation year?
ii.) Is the current value as determined by the Board equitable in reference to the assessments of similar lands in the vicinity?
DECISION
5The Board finds the current value of the subject property for the 2017 and 2018 taxation years to be $26,500.
6The Board also determines that the current value requires no further adjustment in order that the assessment of the subject property is equitable with the assessments of similar lands in the vicinity.
7The Board will therefore reduce the assessment of the subject property from $51,000 for