Assessment Change Notice 2025.pdf
The Huntington National Bank, Petitioner V City Of Owosso, Respondent · 25-001785-TT
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Hs Ae THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification This form is issued under the authority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c, as amended. This is a model assessment notice to be used by the local assessor. FROM: CITY OF OWOSSO PARCEL IDENTIFICATION MICHAEL DOWLER PARCEL NUMBER: -050-470-028-012- 301 W MAIN ST 78-050-470-028-012-00 OWOSSO, MI 48867 PROPERTY ADDRESS: 301 S WASHINGTON ST OWOSSO, MI 48867 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION THE HUNTINGTON NATIONAL BANK % Exempt As "Homeowners Principal Residence": .00% 17 SHIGH ST 0 "Oust ’ " 0 % Exempt As "Qualified Agricultural Property": .00% COLUMBUS OH 43215 % Exempt As "MBT Industrial Personal": .00% % Exempt As "MBT Commercial Personal”: .00% Exempt As "Qualified Forest Property": O Yes No Exempt As "Development Property": [Yes [X] No LEGAL DESCRIPTION: COM AT INT S LN JEROME ST & E LN S WASHINGTON ST TH S 62* E 373.68' TH N 80*20' E 47.37' TH S 01* W 30.38' TH N 88* W ALG SHIA RIVER BANK TO E LN OF S WASHINGTON ST TH N ALG S WASHINGTON ST TO POB. EX BEG INT OF S LN JEROME ST & ELN S WASHINGTON ST TH S ALG E LN S WASHINGTON ST 36' TH S 89*00'00" E 70.66' TO S LN JEROME TH NW'LY ALG S LN JEROME ST TO POB BLK 28 ORIGINAL PLAT ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 201 Commercial PRIOR YEAR'S CLASSIFICATION: 201 Commercial The change in taxable value will increase/decrease your tax bill for the 2025 PRIOR AMOUNT CURRENT CHANGE FROM i . TENTATIVE AMOUNT year by approximately: $302 YEAR: 2024 YEAR: 2025 CURRENT YEAR 1. TAXABLE VALUE: 163,909 168,990 5,081 2. ASSESSED VALUE: 177,100 185,900 8,800 3. TENTATIVE EQUALIZATION FACTOR: 1.000 4. STATE EQUALIZED VALUE (SEV): 177,100 185,900 8,800 5. There WAS or WAS NOT a transfer of ownership on this property in2024 WAS NOT 6. Assessor Change Reason: Market Adjustment The 2025 Inflation rate Multiplier is: 1.031 Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: Phone: Email Address: MICHAEL DOWLER 989-725-0530 ASSESSING@CI.OWOSSO.MI.US March Board of Review Appeal Information. The board of review will meet at the following dates and times: APPEALS MAY BE HEARD BY APPOINTMENT AT THE MARCH BOARD OF REVIEW ON MARCH 10, 2025, 9:00-12:00 & 1:00-4:00 OR MARCH 11, 2025, 1:00-4:00 & 6:00-9:00 IN CITY HALL COUNCIL CHAMBERS, 301 W. MAIN ST, OWOSSO, MI, 48867. PLEASE CALL 989-725-0530 FOR AN APPOINTMENT. APPEALS BY MAIL OR EMAIL (ASSESSING@CI.OWOSSO.MI.US) MUST BE RECEIVED BY MARCH 11, 2025 AT 9:00 PM.