Larson LT LLC - Laserfiche WebLink

Home Browse Search

3/28/2020 2:17 PM 200094 1 IN THE OREGON TAX COURT 2 MAGISTRATE DIVISION Property Tax 3 4 6 LARSON LT, LLC, ) 6 ) Plaintiff, ) Case No. 2000 et 4,r) (for court use only) 7 ) vs. ) 8 ) COMPLAINT MARION COUNTY ASSESSOR, ) 9 ) Defendant. ) 10 11 Plaintiff hereby files its Complaint as follows: 12 1. Plaintiff owns certain real property identified by Defendant Marion County Assessor as tax account number R55813 (the "Subject Property"). 13 2. The Subject Property is appraised by Defendant Marion County Assessor. 14 3. Plaintiff appeals from an order of the Marion County Board of Property Tax 15 Appeals, which was mailed on February 28, 2020. A true and correct copy of that order is attached hereto as Exhibit A. 16 4. A true and correct copy of the Subject Property's tax statement is attached 17 hereto as Exhibit B. 18 5. Market evidence, existing as of the January 1, 2019 valuation date, supports a 19 reduction in real market value. Plaintiff reasons that such a reduction is consistent with the value in exchange standard embodied within ORS 308.205. 20 6. Furthermore, the Subject Property is a low-income housing development and 21 Plaintiff's requested value is reflective of the in-place governmental restrictions. 22 7. The Court should find that the total real market value of the Property as of January 1, 2019 is no more than $1,444,880. 23 8. Furthermore the Court should find that the total real market value of$1,444,880 24 should be apportioned between land and improvements as follows; $744,880 allocated to land 25 value and the remaining $700,000 allocated to the improvement value. 26 COMPLAINT- 1 CKR Law Group,P.C. 1 Mt.Jefferson Terrace,Suite 101 Lake Oswego,Oregon 97035 Phone(503)635-9330 Fax(503)635-9010 notic esgic kit awg rou p,com