Property Tax Appeal Board Decision 2005-00570-R-1 Richau

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change in the assessment of the
property as established by the Lake County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 47,474
IMPR.: $ 146,059
TOTAL: $ 193,533
Subject only to the State multiplier as applicable.
PTAB/cck/11-20
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Jean Richau
DOCKET NO.: 05-00570.001-R-1
PARCEL NO.: 11-17-109-023
The parties of record before the Property Tax Appeal Board are
Jean Richau, the appellant, and the Lake County Board of Review.
The subject property has been improved with a 19-year-old
primarily two-story and part one-story frame dwelling of 3,518
square feet of living area. The features of the dwelling include
central air conditioning, a fireplace, a screened-in porch, a
full unfinished basement, and an attached two-car garage of 584
square feet of building area. The property is located in
Libertyville, Libertyville Township, Illinois.
The appellant appeared before the Property Tax Appeal Board
contending unequal treatment in the assessment process as the
basis of the appeal as to the improvement assessment only. In
support of this argument, the appellant submitted assessment data
and descriptions of four suggested comparable properties. The
comparables were two-story frame dwellings located on one street
in the same subdivision as the subject property. The comparable
properties were either 19 or 20 years old and contained from
3,550 to 3,770 square feet of living area. All of the
comparables featured central air conditioning, a fireplace, one
or two decks and/or porches, full unfinished basements, and
garages ranging from 484 to 648 square feet of building area.
The properties had improvement assessments ranging from $39.92 to
$40.70 per square foot, while the subject improvement was valued
at $41.52 per square foot. Appellant also made note of a
statement by the Libertyville Township Assessor in a letter
submitted in this proceeding by the Lake County Board of Review:
". . . [appellant's] Comparables #1 and #3 are both larger homes,
which could be expected to have a lower building assessment per
square foot, all other things being equal." From that statement,
appellant contended that the evidence submitted by the board of
review should also result in a reduction of his assessment and