compiled-attachments.pdf
Stanford Brothers Investments LLC, Petitioner V City Of Dearborn, Respondent · 25-002772-TT
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 _____________________________, MICHIGAN TAX TRIBUNAL Petitioner(s) v MTT Docket No. _____________________________, Respondent(s) PROOF OF SERVICE ___________________________________ states that on ___________________ he/she [Name of person serving/mailing petition] [date of service] served a copy of the ___________________ relative to the above-captioned matter upon: [Provide name and address of the party/people being served] ________________________________________________ ________________________________________________ ________________________________________________ ________________________________________________ _________________________________________ [Signature of person who is serving/mailing copy] _________________________________________ [Print/type name of person serving/mailing copy] __ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ _ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ____ __ __ __ __ __ __ _ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ______ _ ___________ [S [S [S [S [ ignature of person who is serving/ Stanford Brothers Investment LLC City of Dearborn 25-002772 Joseph Fuoco August 18, 2025 Appeal Answer Form Michigan Tax Tribunal taxtrib@michigan.gov Joseph Fuoco
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 _____________________________, MICHIGAN TAX TRIBUNAL Petitioner(s) v MTT Docket No. _____________________________, Respondent(s) PROOF OF SERVICE ___________________________________ states that on ___________________ he/she [Name of person serving/mailing petition] [date of service] served a copy of the ___________________ relative to the above-captioned matter upon: [Provide name and address of the party/people being served] ________________________________________________ ________________________________________________ ________________________________________________ ________________________________________________ _________________________________________ [Signature of person who is serving/mailing copy] _________________________________________ [Print/type name of person serving/mailing copy] __ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ _ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ____ __ __ __ __ __ __ _ ____ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ______ _ ___________ [S [S [S [S [ ignature of person who is serving/ Stanford Brothers Investment LLC City of Dearborn 25-002772 Joseph Fuoco August 18, 2025 Appeal Answer Form Russell Raftary Raftary Real Estate Company rraftary@aol.com Joseph Fuoco
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*** Information herein deemed reliable but not guaranteed*** WAYNE County: DEARBORN Jurisdiction: Printed on Parcel Number: 82 10 192 05 004 791,071C 1,044,800 442,600 602,200 2022 830,624C 1,188,100 585,900 602,200 2023 872,155C 1,210,500 608,300 602,200 2024 1,181,700S 1,181,700 722,800 458,900 2025 Taxable Value Tribunal/ Other Board of Review Assessed Value Building Value Land Value Year Work Description for Permit 16-00005456, Issued 11/16/2016: R/R WITH NEW BUILT UP ROOF SYSTEM $506,150 Work Description for Permit 16-00005458, Issued 11/16/2016: R/R EXISTING ROOF & REPLACE WITH BUILT UP ROOF SYSTEM.$610,600 Work Description for Permit 16-00000166, Issued 03/01/2016: INTERIOR RENOVATION OF A SUITE FOR A NEW FMC BUSINESS GROUP (FORD R&E CENTER) $215,702 Land Improvement Cost Estimates Description Rate Size % Good Cash Value D/W/P: Asphalt Paving 3.48 95992 80 267,242 Ad-Hoc Unit-In-Place Items Description Rate Size % Good Cash Value /CI16/YARI/OUTL/2AVG/POLS 91.50 132 80 9,662 /CI16/YARI/OUTL/2AVG/FLO3 1,487.50 6 80 7,140 Total Estimated Land Improvements True Cash Value = 284,044 * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value 25-IND-CPS CPS - MEDIAN 240887 SqFt 3.81000 100 917,779 5.53 Total Acres Total Est. Land Value = 917,779 Land Value Estimates for Land Table ICPS.2025 - INDUSTRIAL LAND - CPS TC 04/30/2021 Date of In PKE 04/30/2021 Date of In Who When What Level Rolling Low High Landscaped Swamp Wooded Pond Waterfront Ravine Wetland Flood Plain Topography of Site Dirt Road Gravel Road Paved Road Storm Sewer Sidewalk Water Sewer Electric Gas Curb Street Lights Standard Utilities Underground Utils. Public Improvements Vacant Improved X The Equalizer. Copyright (c) 1999 - 2009. Licensed To: City of Dearborn, County of Wayne, Michigan Comments/Influences Land situated in the City of Dearborn, County of Wayne, State of Michigan, and more particularly described as: part of Private Claims 33, 42 and 43, T 2 S, R 11 E, City of Dearborn, Wayne County, Michigan and described as follows: Commencing at the intersection of the Sly ROW line of Rotunda Drive (120 feet wide) and the Wly line of Private Claim 42, also being the Ely line of PC 33; Thence N 61-54-30 E 122.82 ft alg said Sly ROW line to the point of beginning: Thence continuing N 61-54-30 E 390.53 ft alg said Sly ROW line; Th along the arc of a curve to the right an arc distance of 143.45 ft, said curve having a radius of 100.00 ft, degree of curvature 57-17-45, a chord bearing and distance of S 76-59-48 E 131.46 ft and central angle of 82-11-25; Th S 02-07-35 E 334.06 ft alg the Wly line of Schaefer Road (120 feet ***BALANCE OF DESCRIPTION ON FILE*** Tax Description STANFORD BROTHERS INVESTMENTS LLC 21730 MICHIGAN AVE DEARBORN MI 48124 Taxpayer's Name/Address STANFORD BROTHERS INVESTMENTS LLC 21730 MICHIGAN AVE DEARBORN MI 48124 Owner's Name/Address 14441 ROTUNDA DR Property Address COMPLETE 16-00000166 03/01/2016 REMODEL INTERIOR-CI 2025 Est TCV 2,363,416 TCV/TFA: 54.01 COMPLETE 16-00005458 11/16/2016 ROOF-CI County ID #: 32 10 192 05 004 00 COMPLETE 16-00005456 11/16/2016 ROOF-CI P.R.E. 0% COMPLETE 21-98098098 02/01/2021 SPLIT/COMBO School: DEARBORN CITY SCHOOL DIST Status Number Date Building Permit(s) Zoning: IB Class: COMMERCIAL-IMPROVE 100.0 DEED 2013051050 19-MULTI PARCEL ARM'S LEN WD 01/24/2013 0 WORLD PROPERTIES LI, LLC DEARBORN PROPERTIES LLC 100.0 DEED 2020037993 21-NOT USED/OTHER OTH 12/31/2019 1,566,960 NORTH FORD HOLDINGS I LLC FORD MOTOR LAND DEVELOPMEN 100.0 DEED 2024207405 03-ARM'S LENGTH WD 06/11/2024 2,200,000 STANFORD BROTHERS INVESTME NORTH FORD HOLDING 1 LLC Prcnt. Trans. Verified By Liber & Page Terms of Sale Inst. Type Sale Date Sale Price Grantee Grantor 08/18/2025
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical Few Average Many Unfinished Typical Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: C Quality: Low Cost Stories: 1 Story Height: 16 Perimeter: 1072 Overall Building Height: 16 Base Rate for Upper Floors = 59.72 (10) Heating system: Package Heating & Cooling Cost/SqFt: 19.37 100% Adjusted Square Foot Cost for Upper Floors = 79.09 Total Floor Area: 43,760 Base Cost New of Upper Floors = 3,460,978 43,760 Sq.Ft. of Sprinklers @ 3.00, Cost New = 131,280 Reproduction/Replacement Cost = 3,592,258 Eff.Age:33 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 47 /100/100/100/47.0 Total Depreciated Cost = 1,688,361 ECF (2025 - OFFICE MAJOR) 0.688 => TCV of Bldg: 1 = 1,161,593 Replacement Cost/Floor Area= 82.09 Est. TCV/Floor Area= 26.54 ** ** Calculator Cost Data ** ** Quality: Low Cost Heat#1: Package Heating & Cooling 100% Heat#2: Package Heating & Cooling 0% Ave. SqFt/Story: 43760 Ave. Perimeter: 1072 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Heat: Hot Water, Radiant Floor * Mezzanine Info * Area #1: Type #1: Area #2: Type #2: * Sprinkler Info * Area: 43760 Type: Low Low Ave. X Above Ave. High Construction Cost Comments: Overall Bldg Height 16 Year Built Remodeled 1992 Depr. Table : 2.25% Effective Age : 33 Physical %Good: 47 Func. %Good : 100 Economic %Good: 100 Class: C Floor Area: 43,760 Gross Bldg Area: 43,760 Stories Above Grd: 1 Average Sty Hght : 16 Bsmnt Wall Hght Desc. of Bldg/Section: 14441 Rotunda Dr (East Bldg) Calculator Occupancy: Industrial - Engineering *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 1 of 1 Printed on Parcel Number: 82 10 192 05 004 08/18/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 82 10 192 05 004, Commercial/Industrial Building 1 Printed on 08/18/2025 Parcel Number: 82 10 192 05 004, Commercial/Industrial Building 1 Printed on 08/18/2025 80" ° © 0 0 40' 40' on 20" LOW ROOF = 15' © 1STY / SLB 43760.0 sf Ty AVG HT 16' a BUILT 1992 ~ BRICK/BLOCK 3 40' 3 o a 3 HIGH ROOF = 18' 40' 80' i 40" o © ° © m [9] ™m m 80' 40' Sketch by Apex Sketch *** Information herein deemed reliable but not guaranteed***
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6. Assessor Change Reason(s): LEGAL DESCRIPTION: Email Address: Phone: Name: March Board of Review Appeal Information. The Board of Review will meet at the following dates and times: Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Exempt As "Qualified Forest Property": Exempt As "Development Property": THIS IS NOT A TAX BILL X No Yes Notice of Assessment, Taxable Valuation, and Property Classification Michigan Department of Treasury, 1019 (Rev, 10-24) ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 5. There WAS or WAS NOT a transfer of ownership on this property in The 2025 Inflation rate Multiplier is: 1.031 1. TAXABLE VALUE: DEARBORN, MI 48120 % Exempt As "Qualified Agricultural Property": PARCEL IDENTIFICATION -28,800 1,181,700 -28,800 PROPERTY ADDRESS: No X Yes PRINCIPAL RESIDENCE EXEMPTION DEARBORN MI 48124 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: PARCEL NUMBER: 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. L-4400 FROM CITY OF DEARBORN DEPARTMENT OF ASSESSMENT 16901 MICHIGAN, SUITE 5 DEARBORN, MI 48126 82 10 192 05 004 STANFORD BROTHERS INVESTMENTS LLC 14441 ROTUNDA DR 21730 MICHIGAN AVE PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: CURRENT TENTATIVE AMOUNT YEAR: PRIOR AMOUNT YEAR: CHANGE FROM PRIOR YEAR TO CURRENT YEAR 2024 2025 872,155 1,181,700 309,545 2. ASSESSED VALUE: 1,181,700 1,210,500 3. TENTATIVE EQUALIZATION FACTOR: 1.000 4. STATE EQUALIZED VALUE (SEV): 1,210,500 WAS 2024 % Exempt As "Homeowners Principal Residence": .00% % Exempt As "MBT Industrial Personal": .00% .00% % Exempt As "MBT Commercial Personal": .00% TO APPEAR BEFORE THE BOARD OF REVIEW FOR A FORMAL APPEAL, PLEASE CALL THE DEPARTMENT OF ASSESSMENT AT (313) 943-2140 FOR AN APPOINTMENT. AGENTS OF PROPERTY OWNERS NEED TO SUBMIT WRITTEN AUTHORIZATION. THE DEARBORN BOARD OF REVIEW WILL CONVENE TO HEAR APPEALS IN THE COUNCIL CHAMBERS, DEARBORN ADMINISTRATIVE CENTER, 16901 MICHIGAN AVENUE, DEARBORN, MICHIGAN AS FOLLOWS: MARCH 10 9:00 AM – 12:00 PM & 1:00 PM – 4:00 PM MARCH 11 9:00 AM – 12:00 PM & 1:00 PM – 4:00 PM MARCH 12 2:00 PM – 5:00 PM & 6:00 PM-9:00 PM MARCH 13 12:00 PM - 4:00 PM MARCH 14 9:00 AM – 12:00 PM & 1:00 PM – 4:00 PM MARCH 17 9:00 AM – 12:00 PM & 1:00 PM – 4:00 PM Market Adjustment (313) 943-2140 JACOB THURSTON DEARBORNASSESSORS@DEARBORN.GOV Land situated in the City of Dearborn, County of Wayne, State of Michigan, and more particularly described as: part of Private Claims 33, 42 and 43, T 2 S, R 11 E, City of Dearborn, Wayne County, Michigan and described as follows: Commencing at the intersection of the Sly ROW line of Rotunda Drive (120 feet wide) and the Wly line of Private Claim 42, also being the Ely line of PC 33; Thence N 61-54-30 201 Commercial 201 Commercial