Property owners challenge tax reductions at Cumberland County Board of Assessors meeting

In a recent meeting of the Cumberland County Board of Assessment Review, significant discussions centered around property valuation disputes, particularly concerning waterfront properties on Kew Island. The meeting highlighted concerns from property owners regarding the adequacy of property tax reductions and the criteria used for assessments.

One of the primary issues raised was the perceived inadequacy of a 25% reduction in property value for certain waterfront properties. Property owners argued that this reduction does not accurately reflect the unique challenges they face, particularly during winter months when well water is often unavailable due to low lake levels. They contended that a greater reduction is warranted, given the harsh conditions and limited access during certain times of the year.

The discussion also included a detailed comparison between properties on Kew Island and a mainland property at 70 Pitch Road. The owners of the Kew Island property presented data indicating that their property, which is similar in size and structure to the mainland property, has not received the same depreciation benefits. They pointed out that the mainland property, valued at nearly $1.1 million, benefits from a significant depreciation factor that reduces its taxable value, leading to substantial savings in property taxes. In contrast, the Kew Island property owners felt they were unfairly assessed, lacking similar reductions despite comparable characteristics.

The meeting also touched on the implications of property location, with owners arguing that properties facing the cove should receive greater discounts than those facing the main lake due to perceived lower desirability. This point was underscored by a recent land sale on Kew Island, which the owners believed could serve as a relevant comparison for assessing their property values.

Overall, the discussions revealed a growing frustration among property owners regarding the assessment process and the perceived inconsistencies in property valuations. The board was urged to provide clearer explanations for the assessment criteria and to consider adjustments that reflect the unique circumstances of waterfront properties. As the meeting concluded, property owners expressed hope for a more equitable resolution and clarity on the assessment process moving forward.