scpetition_valuation.pdf
Robert McMaster Petitioner V City Of Portage Respondent · 26-002265-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 Robert M.I. Last Name McMaster Mailing Address (No., Street, P.O. Box or Rural Route) 2121 Ridgefield Rd City or Town Portage State Michigan ZIP Code 49024 Telephone Number 2692344964 E-mail Address mcmaster_xx@hotmail.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) 2121 Ridgefield Rd 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 Uncapping of Taxable Value 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 I am petitioning the 2026 assessment because the assessed market value of $327,000 substantially exceeds the property’s demonstrated market value. The property was exposed to the open market and initially listed for $325,000 before undergoing price reductions. After approximately 70 days on the market, the property sold in an arm’s-length transaction for $255,000 on September 9, 2025. Prior to the sale, an independent appraisal dated August 21, 2025 concluded a market value of $267,000. During the Board of Review appeal, Petitioner submitted the independent appraisal, evidence of the property’s marketing history, comparable sales, and the actual purchase price. Despite this evidence, the assessment remained based on a market value of $327,000. Petitioner requests that the Tribunal determine the property’s true cash value based upon the actual market evidence and reduce the assessment accordingly. 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: 1007320002O Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 163500 Current Taxable Value as established by the Board of Review: 107777 What do you believe is the fair market value? 255000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 127500 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 107777
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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 Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Robert McMaster 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