Nik - 2026 MBOR Notice.pdf
Nicholas Shkreli Petitioner V City Of Birmingham Respondent · 26-000678-TT
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** Notice of March Board of Review Change ** FROM CITY OF BIRMINGHAM MICHEAL R. LOHMEIER, PO BOX 3001 BIRMINGHAM MI 48012-3001 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: SHKRELI, NICHOLAS C PROPERTY IDENTIFICATION: SHKRELI, LIDUA 08-19-25-331-007 249 EUCLID AVE ! B L DISTRICT: 63010 BIRMINGHAM MI 48009-3411 SCHOO PROPERTY ADDRESS 249 EUCLID AVE [ THIS PROPERTY IS CLASSIFIED AS: 401 Residential PRINCIPAL RESIDENCE/QUALIFIED AG EXEMPTION: 50.00% MICHIGAN BUSINESS EXEMPTION: 0.00% PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The Board of Review has Examined your 2026 Assessed Value and/or Capped Value and has made the following decision: PETITION NUMBER 146 DATE: 03/13/2026 VALUE PRIOR MBOR | VALUE AFTER MBOR CHANGE 1. ASSESSED VALUE 336,300 336,300 2. CAPPED VALUE 318,620 318,620 3. TAXABLE VALUE 327,460 327,460 [a. TENTATIVE EQUALIZATION FACTOR: 1.000 [s. STATE EQUALIZED VALUE: 336,300 | 336,300 [ 6. There WAS/WAS NOT a transfer of ownership on this property in 2025. WAS The 2026 Capped Value Formula is the 2025 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. Further appeal of valuation may be made to the Michigan Tax Tribunal by filing a petition that can be obtained at www.michigan.gov/taxtrib (click Small Claims Tab) and mailed to PO Box 30232, Lansing, MI 48909 by May 31st for Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal, and Utility Personal Property. The final date for further appeal of valuation for Agricultural Real, Residential Real, Timber Cut-over Real, and Agricultural i Personal Property is July 31st. All other matters have 35 days to appeal. 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 BIRMINGHAM BOARD OF REVIEW. Fa | If you disagree with the decision of the Board of Review regarding classification, appeal is made by.