scpetition_valuation.pdf
Qi Young Petitioner V City Of Flint Respondent · 26-001095-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 Qi M.I. Last Name Young Mailing Address (No., Street, P.O. Box or Rural Route) 3147 Sandoval Dr City or Town Lake Orion State Michigan ZIP Code 48360 Telephone Number 2486906802 E-mail Address qixiao75@gmail.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) 1916 Colon St City or Town Flint County Genesee State Michigan ZIP Code 48506 Taxing Authority (City or Township) City Of Flint (GENESEE) 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 I am appealing the 2026 assessed value (SEV) of $32,700 and taxable value of $29,988 for my property at 1916 Colon St, Flint, MI 48506 (Parcel ID: 47-32-453- 030). I protested this assessment at the March 10, 2026 City of Flint Board of Review, which denied my appeal stating insufficient evidence. The current SEV of $32,700 implies a true cash value of $65,400, which is more than double the $30,500 I paid for this property in a bona fide, arm's-length MLS transaction in September 2024. Under Michigan law, a recent arm's-length sale price is one of the strongest indicators of true cash value. Furthermore, after purchase, a problem was discovered that required the bathroom to be torn out. The bathroom was fully functional at the time of purchase but is currently unfinished and not operational. The estimated cost to complete the bathroom renovation is $5,000 to $10,000, which reduces the property's current market value below the original purchase price. Three comparable sales within 1 mile, all residential single-family homes in the Flint School District, sold between $25,000 and $31,000 with SEV values ranging from $8,900 to $18,700. All three comparable properties have SEV values significantly lower than my property's SEV of $32,700, creating an inequitable assessment. Petitioner's Contention of Value: Current True Cash Value: $65,400 | Requested True Cash Value: $20,000 Current SEV: $32,700 | Requested SEV: $10,000 Current Taxable Value: $29,988 | Requested Taxable Value: $10,000 Supporting Evidence to be Submitted: Copy of 2026 Notice of Assessment Board of Review denial Closing/settlement documents showing $30,500 purchase price Comparable sales report (Realcomp II Ltd, generated 01/13/2026) Photographs of unfinished bathroom Property Transfer Affidavit 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: 2025,2026 Valuation Information for Each Parcel under Appeal: Parcel Number: 47-32-453-030 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 32700
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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 Current Taxable Value as established by the Board of Review: 29988 What do you believe is the fair market value? 20000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 10000 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 10000 Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Qi Young 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? No