Property Tax Appeal Board Decision 2004-23726-R-1 Booth

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction in the assessment of the
property as established by the Cook County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 9,208
IMPR.: $ 67,268
TOTAL: $ 76,476
Subject only to the State multiplier as applicable.
PTAB/lbs/070643
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Fenton Booth
DOCKET NO.: 04-23726.001-R-1
PARCEL NO.: 14-29-401-047-0000
The parties of record before the Property Tax Appeal Board are
Fenton Booth, the appellant, by attorney Edward Larkin of Park
Ridge and the Cook County Board of Review.
The subject property consists of a 34-year-old, two-story style
single-family dwelling of masonry construction containing 3,546
square feet of living area and located in Lakeview Township, Cook
County. Amenities include three full baths, a fireplace and a
garage.
The appellant, through counsel, appeared before the Property Tax
Appeal Board claiming unequal treatment in the assessment process
as the basis of the appeal. Counsel argued as the subject's
subsequent 2005 assessment was reduced substantially by the board
of review; and as assessment year 2004 is within the same
triennial the subject 2004 assessment should be reduced to an
amount equivalent to the 2005 assessment. In support the
appellant offered property characteristic printouts revealing the
subject's improvement assessment in 2005 was reduced from $86,224
to $67,268. A copy of the subject's 2004 board of review final
decision was also included. Based on this evidence, the
appellant requested a reduction in the subject's improvement
assessment.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's final improvement assessment of
$86,224, or $24.31 per square foot of living area, was disclosed.
In support of the subject’s assessment, the board of review
offered property characteristic sheets and a spreadsheet
detailing four suggested comparable properties located within the
same coded assessment neighborhood as the subject. The
comparables consist of two-story style single-family dwellings of
masonry construction from seven to thirteen years old. The