MBOR Stierhof.pdf
Matthew Stierhof, Petitioner V City Of Ferndale, Respondent · 25-002974-TT
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Page 1
- Notice of March Board of Review Change ** FROM CITY OF Fg ALE 300 EAST Nyvg MILE ROAD NAME AND ADDRESS gf OWNER OR PERSON NAMED ON ASSESSMENT ROLL: MARKOW7T7 RACHEL BETH STIERHOF, \aTTHEW DAVID THIS PROPERTY IS CLASSIFIED AS: 401 Residential — RNCTEAL — PTION: 00% PRINCIPAL RESIDENCE/QUALIFIED AG EXEMPTION: 100.00% MICHIGAN BUSINESS EXEM Co ——— —— | PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: ~~ 401 Residential : ro The Board of Review has Examined your 2025 Assessed Value and/or Capped Value and has made the following decisio PETITION NUMBER: 097 DATE: 03/13/2025 VALUE PRIOR MBOR | VALUE AFTER MBOR r ne — = a 1. ASSESSED VALUE 2. CAPPED VALUE 186,940 186,940 3. TAXABLE VALUE 187,900 180,000 -7,900 4. TENTATIVE EQUALIZATION FACTOR: 1000 Base BE Re dn lah CELE 5. STATE EQUALIZED VALUE: 187,900 180,000 | 7,900 6. There WAS/WAS NOT a transfer of ownership on this property in 2024. WAS The 2025 Capped Value Formula is the 2024 Taxable Value, minus losses, increased by the Inflation Rate Multiplier of 3.1%, plus Additions. Taxable Value is the lower of Assessed Value or Capped Value unless an Ownership Transfer occurred. Your Taxes are Levied on the Taxable Amount. j Further appeal of valuation may be made to the Michigan Tax Tribunal by filing a petition that can be obtained at sway wavaniichigan.govitest ib ‘ofick-Small Claims Tob) ond mailed to PO Box 30232, Langina, M1 A2Q0Q hy May 31ct far. Personal Property is July 31st. Michigan Tax Tribunal Decisions received February through May are not reflected in this March Board of Review Change Notice. A COPY OF THIS NOTICE MUST ACCOMPANY ANY PETITION TO THE MICHIGAN TAX TRIBUNAL OR YOUR APPEAL WILL DEFAULT. CITY OF FERNDALE BOARD OF REVIEW if you disagree with the decision of the Board of Review regarding classification, appeal is made by sending Form 2167 to the State Tax Commission, PO Box 30471 Lansing MI 48909 by June 30th. +