img20250801_14442650.pdf
Sydnee Rogers, Petitioner V City Of Ferndale, Respondent · 25-003039-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
PROPERTY ADDRESS: 207 GARDENDALE,S]T +i ~ 1411 oe ee - mama Q GRE ~ NR, SO mane Ny = THIS PROPERTY IS CLASSIFIED AS: 401 Residential . PRINCIPAL RESIDENCE/QUALIFIED AG EXEMPTION: 100.00% MICHIGAN BUSINESS EXEMPTION: 0.00% EF ** Notice of March Board of Review Change ** FROM: CITY OF FERNDALE MICHEAL R. LOHMEIER, ASSESSOR 300 EAST NINE MILE ROAD FERNDALE MI 48220-1797 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: ROGERS, SYDNEE PROPERTY IDENTIFICATION: 207 GARDENDALE ST 24.25-34-353-043 FERNDALE MI 48220-2401 SCHOOL DISTRICT: 63020 PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The Board of Review has Examined your 2025 Assessed Value and/or Capped Value and has made the following decision: PETITION NUMBER: 079 DATE: 03/10/2025 VALUE PRIOR MBOR | VALUE AFTER MBOR CHANGE 1. ASSESSED VALUE 136,340 115,000 21,340 2. CAPPED VALUE 131,000 131,000 0 3. TAXABLE VALUE 131,000 115,000 -16,000 4. TENTATIVE EQUALIZATION FACTOR: 1.000 5. STATE EQUALIZED VALUE: | 136,340 115,000 -21,340 6. There WAS/WAS NOT a transfer of ownership on this property 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 ——wwiw.riichigan.gevitaxtrib-(click Small-Claims-Tab)~and-mailed-to RO-Box 30232, Lansing, M1.48909.by May 24st fer 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. I; A COPY OF THIS NOTICE MUST ACCOMPANY ANY PETITION TO THE MICHIGAN TAX TRIBUNAL OR YOUR APPEAL WILL DEFAULT. CITY OF FERNDALE 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 MI 48309 by June 30th.