scpetition_valuation.pdf
George Barbu Petitioner V Township Of Bloomfield Respondent · 26-002397-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 VALUATION / UNCAPPING APPEAL MTT DOCKET NO. Petitioner’s Contact Information: Filer Type: Individual Local Unit of Government: First Name George M.I. Last Name Barbu Mailing Address (No., Street, P.O. Box or Rural Route) 420 Lahser Rd City or Town Bloomfield Hills State Michigan ZIP Code 48301 Telephone Number (734) 788-8597 E-mail Address gibarbu45@gmail.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) 420 Lahser Road City or Town Bloomfield Hills County Oakland State Michigan ZIP Code 48301 Taxing Authority (City or Township) Township Of Bloomfield (OAKLAND) Check which of the following you are appealing: (check all that apply) True Cash and Taxable Values Please Explain the Reason for this Appeal:
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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 The assessed value exceeds the property’s market value. The current State Equalized Value of $460,210 implies a market value of approximately $920,420, which is not supported by comparable sales or Bloomfield Township's own valuation records. Bloomfield Townships BS&A property record estimates a True Cash Value of approximately $752,066, and the comparable sales submitted support a market value in the mid-$700,000 range. Petitioners therefore request a 2026 True Cash Value of $752,000 and corresponding State Equalized Value of $376,000. Supporting documentation is attached. 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: C-19-27-351-003 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 460210 Current Taxable Value as established by the Board of Review: 412880 What do you believe is the fair market value? 752000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 376000 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
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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 Petitioner’s Signature: /s/ George Barbu 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? Yes