scpetition_valuation.pdf
Redwan Chowdhury Petitioner V City Of Novi Respondent · 26-002919-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
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 Redwan M.I. Last Name Chowdhury Mailing Address (No., Street, P.O. Box or Rural Route) 22727 Foxmoor Dr City or Town Novi State Michigan ZIP Code 48374 Telephone Number 4053385598 E-mail Address redwan.j.chowdhury@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) 22727 Foxmoor Dr 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:
Page 2
STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 2 of 3 I respectfully appeal the current assessed value and State Equalized Value (SEV) of the subject property - 22727 Foxmoor Dr, Novi, MI 48374 - because the valuation does not accurately reflect the property’s present condition or its value relative to comparable properties within the neighborhood. A review of similarly situated properties indicates that the subject property is assessed significantly higher based on several relevant valuation metrics, including: - Assessed value per square foot compared with similar neighboring properties; - Percentage increase in assessed value over the past several years compared with similar properties; and - Assessed value per square foot of comparable properties that have recently sold. Based on these comparisons, the subject property’s assessment appears excessive and inconsistent with the assessments and recent market data for comparable properties. In addition, the current assessment does not adequately account for the age, deterioration, and required repairs associated with several major components of the property, including: - The siding is deteriorating and requires substantial repair or replacement. - The approximately 30-year-old flooring is worn and uneven. - The windows are old and require replacement. - The approximately 20-year-old roof is nearing the end of its expected useful life. - The deck has sustained significant damage from carpenter ants and carpenter bees and requires major repair or replacement. - The backyard creek has not been adequately maintained by the city, adversely affecting the property’s condition, usability, enjoyment, and overall marketability. ** Additional documents to support my claim are attached For these reasons, the current assessed value and SEV do not fairly represent the property’s actual condition or its value in relation to comparable properties. I respectfully request that the assessment be reviewed and reduced to a fair and equitable amount supported by the comparable-property data and the documented condition of the property. Jurisdictional Issues: Did you protest the assessment at a Board of Review? No If Yes, check which Board of Review you attended: If No, please check the applicable reason(s): Not required to attend Year(s) Under Appeal: 2026 Valuation Information for Each Parcel under Appeal: Parcel Number: 50-22-28-428-007 Classification of Property: Personal (check one) Residential (check one)
Page 3
STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 3 of 3 Current Assessed Value as established by the Board of Review: 304300 Current Taxable Value as established by the Board of Review: 304300 What do you believe is the fair market value? 570000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 285000 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 Petitioner’s Signature: /s/ Redwan Chowdhury 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