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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: $ 11,666
IMPR.: $ 95,000
TOTAL: $ 106,666
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Gerald & Marilyn Crockett
DOCKET NO.: 06-00393.001-R-1
PARCEL NO.: 21-14-13-113-068-0000
The parties of record before the Property Tax Appeal Board are Gerald & Marilyn Crockett, the appellants, and the Will County Board of Review.
The subject property consists of 1.33-acre parcel improved with a 14 year-old, one-story style frame dwelling that contains 2,727 square feet of living area. Features of the home include central air conditioning, a fireplace, a 787 square foot attached garage, a partial unfinished basement and a 1,350 square foot pole barn.
The appellants appeared before the Property Tax Appeal Board claiming unequal treatment in the assessment process regarding the subject's land and improvements as the basis of the appeal. In support of the land inequity argument, the appellants submitted information on three comparables that are located from less than one mile to seven miles from the subject. The comparables were reported to contain one acre of land area and had land assessments of $11,665 or $15,950. The subject has a land assessment of $11,666 or $8,771 per acre.
In support of the improvement inequity argument, the appellants submitted improvement information on the same three comparables used to support the land inequity contention. The comparables consist of ranch-style homes of frame, brick, or brick and frame exterior construction that range in age from 12 to 18 years and range in size from 2,336 to 2,536 square feet of living area. The comparables have central air conditioning, a fireplace, full unfinished basements and garages that contain from 580 to 846 square feet of building area. Comparable 1 has a 960 square foot pole barn. These properties have improvement assessments ranging from $73,633 to $84,050 or from $30.08 to $35.98 per square foot of living area. The subject has an improvement assessment of $95,000 or $34.84 per square foot of living area. Based on this evidence, the appellants requested a reduction in the subject's assessment.