BOR Decision - 14494 LAKESHORE ROAD.pdf
14494 Lakeshore Rd LLC, Petitioner V Township Of Chikaming, Respondent · 25-002677-TT
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at poste 04/24/2025 10:45 AM 2025 BOARD OF REVIEW DECISION FROM CHIKAMING TOWNSHIP ASSESSOR 13535 RED ARROW HIGHWAY HARBERT, MI 49115 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PROPERTY IDENTIFICATION: (Parcel Code required. Property address and legal description optional.): 07-0017-0011-00-4 14494 LAKESHORE RD ao LAKESHORE RD LLC L PT OF SECS 17 & 20 T7S R20W COM ON HWY C/L 503.58'W C/O ROPES WEALTH ADVISORS LLC OF S1/4 PST OF SD SEC 17 TH S57DEG30'W ON HWY 56.83' 800 BOYLSTON STR/ PRUDENTIAL TH N36DEG W 1221'TO LAKE MICHIGAN TH N50DEG E TOWER ALONG SD LAKE 145.36' TH S36DEG E 1267.2TO HWY C/L BOSTON, MA 02199 TH S52DEG30'W ON HWY 89.1'TO BEG | THIS PROPERTY IS CLASSIFIED _ 401 (RESIDENTIAL-IMPROVED) . — SS A Thank you for attending this years March Board of Review. The Board has reviewed the information you supplied and the data necessary to compute your assessment and taxable value. The Board has completed their review of parcel number 07-0017-0011-00-4 They have made the following determination based on the information you supplied. Board of Review Comments DENIED [2025 ORIGINAL ASSESSED VALUE 6,648,900 [2025 "BOARD OF REVIEW" ASSESSED VALUE 6,648,900 | (If the above amounts are the same, no revisions have occured) 2025 ORIGINAL TAXABLE VALUE 6,648,900 2025 "BOARD OF REVIEW" TAXABLE VALUE 6,648,900 [2025 PRINCIPAL RESIDENCE EXEMPTION/QUALIFIED AG 0.0000 . | Please feel free to contact the assessor at the address listed above or call if you have any questions. B - "Effective. March 1, 2013, the Tribunal is no longer able to accept Small Claims letter appeals. Rather, you are required to file a petition to initiate a new Small Claims appeal. Petition forms are available on this website." http://www.michigan. gov/taxtrib/0,4677,7-187-3 8254---,00.html]
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#3 Michigan Department of Treasu; 618 (Rev. 11-12) i Petition to Board of Review L-4035 This form is issued under the authority of P.A. 206 of 1893, as amended. Filing is voluntary, however you may not appeal to the Michigan Tax Tribunal or the State Tax Commission unless you first protest to the Board of Review. TO BE COMPLETED BY OWNER OR OWNER'S AGENT Owner's Name (Please Print or Type) Petitioner's Name (If Other than Owner. Please Print or Type) 14494 Lakeshore Rd LLC Sally A. Taylor, Attorney for Owner Township or City - County Township of Chikaming Berrien The undersigned Protests the assessed value and/or the tentative taxable value and/or the property classification and/or the qualified agricultural property exemption of the following described property: Property Identified (Parce! code required, Property address & legal description optional) 11-07-0017-0011-00-4 “Protested tem [x] Assessed Value [x] Tentative Taxable Value [1 Classification [] Qualified Agricultural Property Exemption 1. PROTEST OF ASSESSMENT . perty P (Complete this section for a protest of assessed value and/or tentative taxable value) Assessed Amount Owner's Estimate of True Cash Value Tentative Taxable Value Year 6,648,900 $4,088,000 6,648,900 2025 2. PROTEST OF CLASSIFICATION (Complete this section fora request to change the classification. The Board of Review must make their decision regarding classification in ccordance with Section 211.34¢ of the Michigan Compiled Laws. The Board of Review shall not be Influenced by the effect that a particutar classification has on that property's status as a homeowner's principal residence or qualified agricultural property.) Classification of property on this year's assessment roll Classification should be (check one of the following): OJ Agricultural [| Industrial a Timber Cutover [I] Utility (Personal Property Only) [I Commercial Hl Residential J Developmental 3. PROTEST OF EXEMPTION FOR QUALIFIED AGRICULTURAL PROPERTY (If the assessor has denied or changed the percentage of the exemption from the 18 mills of local school operating tax for qualified agricultural property, the owner may appeal this action to the March Board of Review. THE BOARD OF REVIEW HAS NO AUTHORITY TO CONSIDER OR ACT UPON THE EXEMPTION FROM THE 18 SCHOOL OPERATING MILLS FOR HOMEOWNER'S PRINCIPAL RESIDENCE PROPERTIES.) Percent qualified agricultural exemption granted by assessar (Enter 0 if exemption Percent qualified agricultural exemption requested by owner (Enter 100 if full denied) exemption requested) *, 4. REASON FOR PROTEST State reason(s) for protest of assessed value andfor the tentative taxable valus and/or classification andlor qualified agricultural property exemption On January 16, 2024, Owner purchased parcel 11-07-0017-0011-00-4 through a third party, long-arm transaction. The purchase price, representing fair market value of the property was $4,088,000. Accordingly, the taxable value and the assessed value should be one-half of the purchase price, 2,044,000. Closing statement and comparables attached. + CERTIFICATION i" |signgture Date (Bley Dl, Utne, 1 March 2, 2025 Address ( lob Phone Number 1 | B85 W. Main Streét, Benton Harbor, MI 49022 (269) 983-0325 www.michigan.govitreasury
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Form 618, Page 2
FOR BOARD OF REVIEW USE ONLY
INSTRUCTIONS: Incorporate a Copy of this form and the assigned number in the Bsard of Review minutes.
ANAS 03
ML 07-0017-001-00-Y
1. ASSESSED VALUE
Disposttion by Board of Review. The Board of Review must stat "
y
Denied
[| Assessed Value Changed From
|
to]
1
Record of vote - Board or three member comme
Chairperson: 5] Yes
[] No
-%
Member: [{] Yes
[No
Member: [] yes []No
itfals
als
Reason for board action
ED 7 MTT DEEMED
Initials
Personal Property may be appealed by July 31, The p
Tribunal. Michigan Tax Tri
Disposition by Board of Review. The Board of Review must state the reason for its action below.
Denied
[_] Tentative Taxable Value Changed From
Record of vote - Board or three member com mites
Chairperson: [X] Yes
[J No 7/4
Member: §] Yes [No
Lor
Member: [_] Yes
[| No
itlals
dls
Reason for board action
.
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Par
ul
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ovo
78 MTT
DENIED
If you'disagree with the decision of the Board of Review regarding tentative taxable value
Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal,
Industrial Personal and Utility Personal Property may be appealed by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and
Agricultural Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the
Michigan Tax Tribunal. Michigan Tax Tribunal forms are avallable at www.michigan.gov/taxtrib.
3. CLASSIFICATION
Disposition by Board of Review. The Board of Review must state the reason for ts action below,
[IDenied
[7] Classification Changed From
to
Initials
, You may appeal that decision by filing a petition with the
to
Record of vote - Board or three member committee of board
Chairperson:
_
e
:
——
Member;
_
airperso
Ld Yes
| No
Initials
Member. [Yes
J No
initials
©
[ves
J No
Initials
Reason for board action
If you disagree with the decisitn of the Board of Review regarding classification, you may appeal by sending Form 2167 to the State Tax Commission
| atP.0. Box 30471, Lansing, MI 48909 by June 30.
4. QUALIFIED AGRICULTURAL PROPERTY EXEMPTION
Disposition by Board of Review. The Board of Review must state the reason for its action below,
[| Exemption Request Denied
[J Exemption percent modified from
% to
%
Record of vote - Board or three member committee of board
Chai
:
—_—
1
_
:
JE—
hairperson:[_] Yes
[| No
T—
Member: [] Yes []No
ws
Member: [J Yes
[J No
Taiials
Reason for board action
If you disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the
Michigan Tax Tribunal at P.O, Box 30232, Lansing, MI 48809 by July 31. The petition must be filed an a Michigan Tax Tribunal form or a form
approved by the Michigan Tax Tribunal, Michigan Tax Tribunal forms are available at www.michigan.govftaxirib.
5. ADJOURNMENT
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Board of
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Date
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