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Delafield board lowers assessment for 3501 Trinity Lane to $4.5 million
Summary
After hearing a market appraisal, the City of Delafield Board of Review found the assessor's valuation incorrect and set the property's full value at $4,500,000, lowering the assessment for 3501 Trinity Lane.
The City of Delafield Board of Review voted on May 12, 2025, to reduce the assessed full value of 3501 Trinity Lane from the assessor's figures to $4,500,000 after hearing sworn testimony and a paid appraisal commissioned by the property owner. The board set the land value at $1,845,000 and improvements at $2,655,000, and directed the clerk to certify the determination.
The decision followed testimony by Michael May, trustee of the 3501 Trinity Trust, and Jorge Barrero, the appraiser who produced a…
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