scpetition_valuation.pdf
Yi Cui Petitioner V City Of Novi Respondent · 26-000900-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 Yi M.I. Last Name Cui Mailing Address (No., Street, P.O. Box or Rural Route) 45857 Ashford Cir City or Town Novi State Michigan ZIP Code 48374 Telephone Number 2485057943 E-mail Address cuiyi1991@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) 45857 Ashford Cir City or Town Novi County Oakland State Michigan ZIP Code 48374 Taxing Authority (City or Township) City Of Novi (OAKLAND) 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 2026 assessed value overly estimate value of the property is higher than market value. It is 14.3% higher than 2025 assessment, which is materially higher than Oakland County house price index yearly increase of 4.15%. My argument is strengthened by my 2025 May Arm's length's transaction, which also indicates that 2026 assessment is 9.2% higher. The appellant believe the correct assessed value should be $355,860. 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: 50-22-28-205-006 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 390420 Current Taxable Value as established by the Board of Review: 390420 What do you believe is the fair market value? 711720 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 355860 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. Electronic Signature *Typing your name below will serve as your signature
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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 Petitioner’s Signature: /s/ Yi Cui 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