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Vermont Municipal Assessor
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I am a resident of the mythical city of Bayer Vermont.  I have owned by home for forty years. It is a 1.5 story home on one third of an acre. Twenty years ago the house next door burnt to the ground.  It was owned by a retired school teacher that had moved to a nursing home.  The land lay vacant for several years.  After the owner died her heirs approached me to by the land.  It is also one third of an acre.  Fifteen years ago I purchased the lot for a little less than its market value.  I now own my home and two lots totaling two thirds of an acre. The City of Bayer has sent me one tax bill based on an assessment of $140,000 since the 2013 reappraisal.

The new Bayer City Assessor just sent me a Change of Assessment notice changing the assessment from $140,000 to $160,000. She explained to me that she had discovered that properties like mine (one house on two lots) had been assessed incorrectly.  She has sent out 52 similar change notices.  She explained that my house with a one third acre lot should be assessed at $125,000 and the additional one third acre lot should be assessed at $35,000 for a total of $160,000.

I told the new Bayer City Assessor that I had been doing some sales research in the City and I didn’t dispute the value of $125,000 for my house and lot nor the value of $35,000 for the vacant lot.  I also told her that I had researched sales of homes with two lots included in the sale. None of the sales prices equalled the value of the two properties added together.  My sales research went back twenty years.  My research showed that sales of homes with two lots were slightly more than sales of homes with one lot.  

I told the new Assessor that I had talked with a few of the local developers about buying my property.  They all were interested in buying the vacant lot but none of them wanted to buy the entire property.  They told me that they didn’t want the hassle of getting rid of my home.  There were sufficient vacant lots for sale in Bayer to meet their needs.  

The new Assessor thanked me for my information but told me that it is her policy to assess each lot its value individual value.  She showed me my property record card that clearly indicates a value of $125,000 for the house and lot plus $35,000 for the additional lot.  She said I could look at all the other 51 properties that she changed but I would see that I was being treated the same. 

I was the only one of the 52 changed property owners to grieve my new assessment and the new Assessor denied my grievance.  I have appealed to the Bayer BCA and they have heard the same information as I told the Assessor.  They have done their site visit and are about to make a decision.  If you were on the Bayer BCA what would you do with my appeal?

Please take my attached survey.  Thanks
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Last year, the average statewide property tax rate increased 2.5 cents and 2 cents for nonresidential. The prior year, the average property tax rate went up by 9 cents and nonresidential by 7.5 cents.
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Pretend you are an Assessor and you have to value one property.
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Vermont Municipal Assessor

EB5 investments in the NEK  - 
 
Stenger says refund for disqualified investor is on the way
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Vermont tax department is directing Vernon to put Vermont Yankee on its grand list, so that it will subject to the statewide education property tax.
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Vermont Municipal Assessor

EB5 investments in the NEK  - 
 
One of the biggest construction projects ever in Caledonia County is on pace for completion early this winter, but similar projects planned for the future may be in jeopardy.
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Have them in circles
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January 2011
In the mythical Vermont town of Bayer there is a residential property that was built in 1969. The Town of Bayer inspected the property in the winter of 2007 for its town-wide reappraisal. The records show that the property did not have any deferred maintenance. The owner reported that the oil boiler was original. She also stated that the roof needed to be replaced but she could not afford it. The field inspection reported that the kitchen and the baths were dated.
In 2011 the property has an assessment of $185,000, the same as the 2008 reappraisal. The property was sold in July 2008, a few months after the 2008 reappraisal date, for $182,000. Today, the Bayer Assessor/Listers became aware that the property is listed for sale for $274,000. It is listed on Zillow.com with a description that states that the home has been completely gutted and remodeled with many built-ins and a new kitchen with granite counters. There are interior and exterior photos in the Zillow listing that show the like new condition of the home. The Bayer zoning regulations do not require permits for work that does not change the building foot print.
What, if anything, should the Bayer Assessor/Listers do with the Zillow information for this property?

Please take the survey with the link below
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Times Argus Online - Vermont news, Vermont election results, Barre News, Montpelier News, Central Vermont News, local news, Vermont government, Vermont sports, Vermont classifieds, Jobs in Vermont
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Vermont Municipal Assessor

EB5 investments in the NEK  - 
 
by Timothy McQuiston Vermont Business Magazine Several years ago, transportation officials in Vermont had an economic development idea to use the popularity of the ski industry to expand the state's regional airports near those resorts. Newport is the latest beneficiary.
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Some landlords are challenging the city’s recent reassessment of their properties' values, and said a tax hike in Burlington would be felt most by renters in the units they own.
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Have them in circles
104 people
Spencer B. Potter's profile photo
Atlas Home Improvement's profile photo
Real Estate Income Magazine's profile photo
Melisa Mahony's profile photo
Shawn Bryan's profile photo
DREAMaps Online's profile photo
Dutch Built Homes's profile photo
Steve Overton's profile photo
HumbleHomes's profile photo
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State wide since 1990
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Vermont Municipal Assessor has provided assessment and reappraisal services to multiple Vermont towns and cities since 1990.
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802 496 9689