scpetition_valuation.pdf
Linsey Feldman Petitioner V Township Of Lakefield Respondent · 26-002519-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
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 VALUATION / UNCAPPING APPEAL MTT DOCKET NO. Petitioner’s Contact Information: Filer Type: Individual Local Unit of Government: First Name Linsey M.I. Last Name Feldman Mailing Address (No., Street, P.O. Box or Rural Route) 197 109th Ave City or Town Plainwell State Michigan ZIP Code 49080 Telephone Number 2173203411 E-mail Address linsey@derekandlinsey.com Subject Property Information: How many parcels are you appealing? 2 If you are appealing more than one parcel, are they contiguous or adjoining? *If no, you must file separate appeals for each parcel Yes Property Address (No., Street) M-28 City or Town McMillan County Luce State Michigan ZIP Code 49853 Taxing Authority (City or Township) Township Of Lakefield (LUCE) Check which of the following you are appealing: (check all that apply) True Cash and Taxable Values Please Explain the Reason for this Appeal:
Page 2
STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 2 of 3 This petition concerns two adjoining parcels in Lakefield Township that were purchased as part of a four-parcel, arm's-length transaction in 2025 for a total purchase price of $290,000. The current assessments attribute a combined market value to the two Lakefield parcels that exceeds their actual market value. These parcels consist predominantly of wetlands/lowland and have no direct road access, being accessible only through the adjoining Columbus Township parcels. These characteristics substantially limit their independent marketability and value and were not adequately reflected in the assessment. Accordingly, the assessed True Cash Values exceed the parcels' actual market values. Jurisdictional Issues: Did you protest the assessment at a Board of Review? Yes If Yes, check which Board of Review you attended: March If No, please check the applicable reason(s): Year(s) Under Appeal: 2026 Valuation Information for Each Parcel under Appeal: Parcel Number: 480020020040200 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 45000 Current Taxable Value as established by the Board of Review: 45000 What do you believe is the fair market value? 54000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 27000 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. Valuation Information for Each Parcel under Appeal:
Page 3
STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 3 of 3 Parcel Number: 480020020030400 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 41900 Current Taxable Value as established by the Board of Review: 41900 What do you believe is the fair market value? 50000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 25000 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Linsey Feldman Attorney or Authorized Agent’s Signature: /s/ Fee Information: 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. The filing fee is based on the greater of State Equalized Value or Taxable Value in contention. If you are appealing more than one parcel, the parcel with the highest State Equalized Value or Taxable Value in contention will be used to determine your filing fee, plus $25.00 will be added for each additional parcel being appealed. Property tax appeal: Residential** Non-Residential SEV or TV in contention* Filing fee*** Filing Fee** $100,000 or less...........................................................................................$ 125.00 $250.00 $100,000.01 to $500,000.00.........................................................................$ 200.00 N/A More than $500,000…..................................................................................$ 300.00 N/A Does the subject property have a principal residence exemption of at least 50% as of the date of the filing of this petition? No