26 CRP MI Ann Arbor ET Petition- Revised Signed.pdf
Crp Industries Inc Petitioner Vs. Township Of Pittsfield Respondent · 26-001532-TT
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STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON |. BROWN, DPA GOVERNOR LANSING DIRECTOR CRP Industries Inc , MICHIGAN TAX TRIBUNAL Petitioner(s) v MTT Docket No. 26-001532 Township of Pittsfield , Respondent(s) ENTIRE TRIBUNAL PROPERTY TAX PETITION 1. Property Parcel No: L-12-21-310-010 (If more than one parcel is at issue, attach a completed Multiple Parcel Petition Form addressing all other parcels at issue.) 2. The property identified above is X__real __ personal. 3. If more than one parcel of real property is under appeal, are the properties contiguous? ___ Yes ___ No. (If no, separate Petitions are required for each non- contiguous parcel.) 4. Are all of the parcels of personal property located on a parcel of real property under appeal? ___Yes ___ No. (If no, separate Petitions are required for each parcel of personal property not located on a parcel of real property under appeal.) 5. If parcels of personal property are under appeal, when were the personal property statements filed by parcel number (attach additional page if necessary): 6. The property identified above is classified as 301 lundustrial- Improved 7. If the assessment or assessments at issue were protested, the protest was made to Respondent's March July December Board of Review. MICHIGAN TAX TRIBUNAL - 611 W. OTTAWA ST., LANSING, MI 48933 - 517-335-9760 PO BOX 30232, LANSING, MI 48909 - Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906
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MTT Docket No. 26-001532 Page 2 of 4 8. 10. 11. 12. 13. 14. If a protest was required and no protest was made, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal's authority over the assessment or assessments at issue (attach additional page if necessary): If the appeal was not submitted by the deadline for the filing of an appeal for the classification or classifications of the properties at issue (i.e., May 31 or July 31 of the tax year involved), list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): Appeal was submitted to Tribunal 5/27/2026. The property or properties at issue are located in Washtenaw County. The property or properties’ address is: 5777 Hines Dr. Ann Arbor, MI 48108-7901 The assessment or assessments at issue were established by the (applicable local governmental unit): Township of Pittsfield Petitioner's legal residence or principal office address is: 35 Commerce Dr. Cranbury, NJ 08512 This appeal involves issues relating to the (check all that are applicable): X the property or properties’ true cash and taxable values the property or properties’ taxable value only If the property or properties’ taxable value is at issue, is there a dispute as to the value of an addition or loss? ___ Yes __ No uniformity of the property or properties’ assessment the property or the properties’ exemption from ad valorem taxation under MCL The tax year(s) at issue are: 2026
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MTT Docket No. 26-001532 Page 3 of 4 15. If more than the current tax year is being appealed, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the prior tax year or years (attach additional page if necessary): 16. The values for the property identified above as established by Respondent's Board of Review are: Tax Year True Cash Value Assessed Value Taxable Value 12026 3,528,734 1,764,367 1,764,367 17. Petitioner contends that the values for the property identified above are: [ Tax Year True Cash Value State Equalized Value Taxable Value 2026 2,200,000 1,100,000 1,100,000 18. The values in dispute for the property identified above are: Tax Year | True Cash Value | State Equalized Value Taxable Value 2026 1] 1,328,734 664,367 664,367 19. Petitioner requests the following relief (attach additional page if necessary): We respectfully request that the True Cash Value, Assessed Value, State Equalized Value and Taxable Values be reduced as described to accurately reflect the purchase price of the subject property. 20. List the separate and specific facts upon which Petitioner relies to support the relief requested (attach additional page if necessary): The subject property was purchased in an arms length transaction on September 19, 2025 for a price of $2,200,000. We request that the property values be reduced to reflect this sale. We have included closing statements for the sale.
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MTT Docket No. 26-001532 Page 4 of 4 Signature of Petitioner's Authorized Representative or, if none, Petitioner: 7 Printed Name of Petitioner's Authorized Representative or, if none, Petitioner: David Roush Email Address: droush@nationalbureau.com Mailing Address: 71S WackerDr. Suite-2420 Chicago l-80806 THERGO TH Telephone Number; 312-861-4291 Date: 8/26/2026
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CONFIDENTIAL | ‘American Land Title Association ALTA Settlement Statement - Borrower/Buyer] Adopted 05-01-2015 File No./Escrow No.: 81-25955782-ANN Print Date & Time: 09/18/25 2:10 PM Officer/Escrow Officer: Kristin Dase Settlement Location: ATA National Title Group, LLC - Ann Arbor 2800 South State Street, Suite 110 Ann Arbor, MI 48104 ATA National Title Group, LLC ALTA Universal ID: 1033513 2800 South State Street, Suite 110 Ann Arbor, MI 48104 Notional ATA Tiile Group A750.8a [ie Agarcy « Graca Tis Agensy Sceivis “e Aooncy Property Address: 5777 Hines Dr. Ann Arbor, MI 48108 Borrower/Buyer: CRP Industries, Inc., a New Jersey corporation 35 Commerce Drive Cranbury, NJ 08512 Seller: Wicks Properties, LLC, a Florida limited liability company 116 Dunes Edge Rd Jupiter, FL 33477 Lender: First Bank, 2465 Kuser Road Suite 101, Hamilton, NJ, 08690 oan Number: ettlement Date: 09/19/2025 isbursement Date: 09/19/2025 dditional dates per state requirements: Description Borrower/Buyer i j Debit I Credit Financial Sale Price of Property $2,200,000.00 Deposit $50,000.00 Loan Amount $2,000,000.00 Prorations/Adjustments City/Summer Taxes from 09/19/2025 thru 06/30/2026 $51,506.10 : County/Winter Taxes from 09/18/2025 thru 11/30/2025 $3,325.17 HOA Dues from 09/19/2025 thru 12/31/2025 ~ se1266 Good Faith Deposit from First Bank BN — $10,700.00; Sprinkler Repair Credit $20,316.89 Loan Charges to First Bank oo | - | - Appraisal Fee | $3,750.00! Appraisal Review Fee $750.00 Commitment Fee $8,250.00 |EDR Search Fees $80.00 File # 81-25955782-ANN Printed on: 09/18/25 2:10 PM Copyright 2015 American Land Title Association. Page 1 of 3 NOT FOR PUBLIC RELEASE All rights reserved
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CONFIDENTIAL | 5 Environmental $2,300.00 Flood Search Fee $80.00 Legal Fees | 51057361 Property Search - 35 Commerce Dr. [ $130.00 Property Tax Search - 35 Commerce [ $50.00 Tax Monitoring Fee - [ $180.00 Wire Transfer Fee - | $25.00 Legal Fees $3,500.00 Prepaid Interest per day from 09/19/2025 to 09/30/2025) | $4,193.33 Title Charges & Escrow / Settlement Charges oo | | Title - Closing Fee to ATA National Title Group, LLC - Ann Arbor oo oo $400.00 Title - Document Prep Processing Fee to ATA National Title Group, LLC - Ann Arbor $50.00 Title - ALTA 25-06 End Same as Survey to ATA National Title Group, LLC - Ann Arbor | $250.00 Title - Lender's Title Insurance to ATA National Title Group, LLC - Ann Arbor | $787.50 Title - Wire Fees to ATA National Title Group, LLC - Ann Arbor oo $50.00 Government Recording and Transfer Charges oo Recording Fee (Deed) to Washtenaw County, Mi Register of Deeds oo | $35.00 Recording Fee (Mortgage) to Washtenaw County, MI Register of Deeds $30.00, Recording Fee (AOL) to Washtenaw County, MI Register of Deeds | $30.00 Recording Fee (UCC - County) to Washtenaw County, MI Register of Deeds | oo $30.00] _ Miscellaneous oo /Association Dues - Transfer Fee to Cabrio Properties | $75.00 Borrow D 4 Debit Credit Subtotals oo $2,291,043.37 $2,081,016.89 Due From Borrower oo I | $210,026.48] = | $2,291,043.37 $2,291,043.37 Copyright 2015 American Land Title Association. File # 81-25955782-ANN All rights reserved. Page 2 of 3 Printed on: 09/18/25 2:10 PM NOT FOR PUBLIC RELEASE |
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CONFIDENTIAL Acknowledgement We/l have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify that | have received a copy of the ALTA Settlement Statement. We/| authorize ATA National Title Group, LLC to cause the funds to be disbursed in accordance with this statement. Buyer: CRP Industries, Inc., a New Jersey corporation Nihal By: Michael Palm Its: Vice President of Sales and Marketing ATA National Title Group, LLC Lorian Dace 09/19/2025 Date Copyright 2015 American Land Title Association. File # 81-25855782-ANN All rights reserved. Page 3 of 3 Printed on: 09/16/25 1:14 PM NOT FOR PUBLIC RELEASE
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INDUSTRIES
CRP Industries ine.
35 Commerce
Drive
Cranbury, NJ 08512 USA
office 608.573.4100
fax
609.635.5300
February 4, 2026
ax 609.635.53
TO WHOM IT MAY CONCERN:
RE:
Real Estate (RE) Tax Valuation Service
Tax Assessment Years:
2026-2027
Locations: 5777 Hines Dr, Ann Arbor, Mi 48108
This is to authorize the NBPA, 71 South Wacker, Ste 2420, Chicago IL 60606 (T: 312-861-9300)
to act as agent in our behalf, representing us in assessment matters for the above-captioned
property. Please make available to NBPA all assessment information from your office regarding
this property, and in all matters pertaining to the assessment treat NBPA in the same manner,
as you would treat us.
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My Commission Expires:
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www. crpindustries.com
USA
| CANADA
| MEXICO
150 0001:2015 Certified
AUTOMOTIVE
INDUSTRIAL