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Commission trims shop value after hearing on 2503 Macedonia Ave.; overall property assessment reduced
Summary
After a public appeal and discussion about comparables, the county reduced the assessed value for a finished shop at 2503 Macedonia Ave SE, lowering the property's total assessed value by $137,700.
The Morton County Board of Equalization voted June 10 to reduce the assessed value of a combined house-and-shop property at 2503 Macedonia Avenue SE in Mandan, lowering the assessment for the shop portion and reducing the overall property’s assessed value.
Why it matters: The change reduces the property owner’s taxable value and offers a precedent for how the county treats uncommon, attached shop buildings that are sold together with residences.
Property owner Jason Frank contested the county’s mass appraisal for a high-end residence with a finished shop on the same parcel. Frank provided two private appraisals that he said showed a lower overall market value than the city and county had set. Assessors said they rely primarily on mass-appraisal models but check sales and cost approaches and that there are differences in how banks and mass appraisals treat outbuildings.
After deliberation, Commissioner Tokash moved to reduce the shop’s assessed value to $200,000, producing a total assessed property value of $2,169,500 — a reduction of $137,700 from the assessor’s figure. The motion passed on a roll call vote with a majority of commissioners voting yes and one commissioner abstaining because of a business relationship with the property owner.
The assessor’s office said the adjustment reflects the limited sales data for comparable, private finished shops attached to residences and aligns the county valuation more closely to the evidence presented.
Ending: The county recorded the new assessed total and advised the property owner that the formal appeals process remains available if they wish further review.
