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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 Will County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 13,962
IMPR.: $ 67,395
TOTAL: $ 81,357
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Walter and Carolyn Banks
DOCKET NO.: 05-00557.001-R-1
PARCEL NO.: 21-14-11-301-002-0000
The parties of record before the Property Tax Appeal Board are
Walter and Carolyn Banks, the appellants, and the Will County
Board of Review.
The subject property consists of a part two-story with a part
one-story frame and masonry dwelling containing 2,913 square feet
of living area that was built in 1995. Features include a
partial finished basement, central air conditioning, a fireplace,
and a 440 square foot attached garage.
The appellant, Carolyn Banks, appeared before the Property Tax
Appeal Board claiming a lack of uniformity regarding the
subject's assessment as the basis of the appeal. In support of
this claim, the appellants initially submitted an equity analysis
of twelve suggested comparables. However, at the hearing the
appellant indicated she is primarily relying on the first three
comparables identified on the appeal petition. In addition, at
the hearing it was discovered some of the descriptive information
provided by the appellants for their comparables was inaccurate.
The corrected descriptive information was contained within the
board of review's evidence.
The three comparables relied upon by the appellants are located
from 1.42 to 4.55 miles from the subject. They consist of a part
two-story with a part one-story dwelling; a two-story dwelling;
and a one-story dwelling of fame and masonry construction that
were built from 1996 to 2002. Two comparable have full or
partial basements while one comparable does not have a basement.
Two comparables contain a fireplace. Other features include
central air conditioning and garages ranging in size from 517 to
706 square feet. The dwellings range in size from 1,812 to 5,078
square feet of living area and have improvement assessments
ranging from $56,991 to $66,446 or from $12.73 to $36.67 per