Notice of March Board of Review Change.pdf
Ryan Whalen, Petitioner V Township Of Commerce, Respondent · 25-002885-TT
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** Notice of March Board of Review Change ** FROM CHARTER TOWNSHIP OF COMMERCE MICHEAL R. LOHMEIER, ASSESSOR 2009 TOWNSHIP DRIVE COMMERCE TOWNSHIP MI 48390 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: WHALEN, RY AN WHALEN, LUCIA 2328 VENTURA DR WOLVERINE LAKE MI 48390-2461 THIS PROPERTY IS CLASSIFIED AS: 401 Residential PROPERTY IDENTIFICATION: EW-17-22-451-033 SCHOOL DISTRICT: 63290 PROPERTY ADDRESS: 2328 VENTURA DR 7 PRINCIPAL RESIDENCE/QUALIFIED AG EXEMPTION: 100.00% MICHIGAN BUSINESS EXEMPTION: 0.00% PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The Board of Revi~w has Examined your 2025 Assessed Value and/or Capped Value and has made the following decision: PETITION NUMBER: 015 DATE: 03/17/2025 VALUE PRIOR MBOR VALUE AFTER MBOR CHANGE 1. ASSESSED VALUE 406,410 375,000 -31,410 2. CAPPED VALUE 369,680 369,680 0 3. TAXABLE VALUE 369,680 369,680 0 4. TENTATIVE EQUALIZATION FACTOR: 1.000 > 5. STATE EQUALIZED VALUE: 406,410 375,000 -31,410 6. There WASN/AS NOT a transfer of ownershic on this crocertv in 2024. WAS NOT The 2025 Capped Value Formula is the 2024 Taxable Value, minus losses, increased by the Inflation Rate Multiplier of 3.1 %, plus Additions. Taxable Value is the lower of Assessed Value or Capped Value unless an Ownership Transfer occurred. Your Taxes are Levied on the Taxable Amount. Further appeal of valuation may be made to the Michigan Tax Tribunal by filing a petition that can be obtained at www.mlchig11n.gov/taKtrib (click Small Claims Tab) and mailed to PO Box 30232, Lansing, Ml 48909 by May 31st for Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal, and Utility Personal Property. The final date for further appeal of valuation for Agricultural Real, Residential Real, Timber Cut-over Real, and Personal Property is July 31st. Michigan Tax Tribunal Decisions received February through May are not reflected In this March Board of Review Change Notice. A COPY OF THIS NOTICE MUST ACCOMPANY ANY PETITION TO THE MICHIGAN TAX TRIBUNAL OR YOUR APPEAL WILL DEFAULT. CHARTER TOWNSHIP OF COMMERCE BOARD OF REVIEW If you disagree with the decision of the Board of Review regarding classification, appeal Is made by sending Form 2167 to the State Tax Commission, PO Box 30471 Lansing Ml 48909 by June 30th.