scpetition_valuation.pdf
Greg J Steinsdoerfer Petitioner V City Of Portage Respondent · 26-002835-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 Greg M.I. J Last Name Steinsdoerfer Mailing Address (No., Street, P.O. Box or Rural Route) 5116 Mapleridge Drive City or Town Portage State Michigan ZIP Code 49024 Telephone Number 2695290060 E-mail Address gregsteinsdoerfer@gmail.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) 5116 MAPLERIDGE DRIVE City or Town Portage County Kalamazoo State Michigan ZIP Code 49024 Taxing Authority (City or Township) City Of Portage (KALAMAZOO) 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 We purchased this home in January of 2025 and the sale included two parcels. The home (address is 5116 Mapleridge Drive, Portage), and the wooded/vacant lot directly behind/adjoining the home which is 5115 Stonehendge, Portage. The home was vacant prior to moving in and was on the market for approximately 6 months. We actually moved across the street from our previous property (5107 Mapleridge Drive). We bought both properties for one sale price of $375,000. The appraisal for the sale came in at $380,000. The inspection found a number of issues and the home significantly outdated. We have encountered a number of issues since moving in likely related to the home being vacant. When the tax valuations came back from the city of Portage our property increased had a reported increase in value of 20% from the sale price while our previous property was given a valuation approximately 30% under the sale price. According to the research I have seen the housing market values in our area have not increased in value 20% in a year span. I did appeal to the city of portage and they decreased the original valuation by 5%; however 15% increase in value in my opinion is still significantly higher than how the markets have moved in 2025 and in particular this property which has had a number of issues. I will submit the appraisals, comparable properties and inspections to provide further evidence. 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: 2025 Valuation Information for Each Parcel under Appeal: Parcel Number: 00940-084-O Classification of Property: Personal (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 187500 Current Taxable Value as established by the Board of Review: 187500 What do you believe is the fair market value? 333800 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 166900 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 20600
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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 Valuation Information for Each Parcel under Appeal: Parcel Number: 07740-007-O Classification of Property: Personal (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 28100 Current Taxable Value as established by the Board of Review: 28100 What do you believe is the fair market value? 24986 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 12493 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 15607 Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Greg Steinsdoerfer 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