scpetition_classification.pdf
Hamilton Estates LLC Petitioner V City Of Kalamazoo Respondent · 26-001242-TT
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 1 of 3 PROPERTY TAX APPEAL PETITION FORM CLASSIFICATION APPEAL MTT DOCKET NO. Petitioner’s Contact Information: Filer Type: Organization Local Unit of Government: First Name M.I. Last Name Hamilton Estates LLC Mailing Address (No., Street, P.O. Box or Rural Route) 221 W LAKE LANSING RD City or Town EAST LANSING State Michigan ZIP Code 48823 Telephone Number 2699983915 E-mail Address eric_hamilton_wmu@yahoo.com Subject Property Information: How many parcels are you appealing? 1 If you are appealing more than one parcel, are they contiguous or adjoining? *If no, you must file separate appeals for each parcel N/A Property Address (No., Street, City, St, ZIP) [If multiple, list first property’s address] 628 Whites Road Kalamazoo Michigan 49008 Taxing Authority (City or Township) City Of Kalamazoo (KALAMAZOO) County Kalamazoo Please Explain the Reason for this Appeal: Hamilton Estates LLC appeals the 2026 assessed value, taxable value, and state equalized value assigned to 628 Whites Road, Kalamazoo, Michigan. The property is a 16-unit multifamily apartment building. The current 2026 assessed value and taxable value of $481,900 imply a true cash value of $963,800. Petitioner contends that this value exceeds the property’s true cash value based on actual income, economic occupancy, operating expenses, deferred maintenance, remaining capital needs, and the condition of the property as of the relevant valuation date. The property's full annual rent potential is approximately $211,200, but actual annualized collections are approximately $156,000. Annual operating expenses are approximately $78,587, resulting in actual NOI of approximately $77,413. The property also requires significant capital improvements, including replacement of windows and balconies. Petitioner requests that the 2026 true cash value be reduced to $850,000, with assessed value, SEV, and taxable value reduced to $425,000.
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 2 of 3 Jurisdictional Issues: Did you protest the classification at the March Board of Review? No If No, please check the applicable reason(s): Not required (i.e., MI Department of Treasury) Explanation: Year(s) Under Appeal: 2026 Classification Information: Parcel Identification Number: 06-28-492-002 Current Classification of Property as established by Board of Review: Real (check one) Commercial (check one) What do you believe is the property’s classification? Real (check one) Commercial (check one) If improved property, how is the property currently being used? Multifamily residential apartment building / 16-unit rental property If improved property, for what use was the property designed? The property was designed for multifamily residential apartment use as a 16-unit rental apartment building. Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Eric Hamilton Attorney or Authorized Agent’s Signature: /s/ Fee Information:
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 3 of 3 If you do not have a Principal Residence Exemption of at least 50% at the time of the filing of this petition, you are required to pay a filing fee for the filing of this appeal. A fee of $75.00 is required for the filing of a classification appeal. Does the subject property have a principal residence exemption of at least 50% as of the date of the filing of this petition?