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Council grants $138,000 abatement after assessor finds building was 34% complete on tax date
Summary
The board of assessors voted 5-0 to grant an abatement to Redbird Properties LLC after the assessor determined a commercial building was only 34% complete on the April 1 assessment date; the abated tax amount is $1,851.96.
The South Berwick board of assessors voted unanimously to grant an abatement for a commercial property owned by Redbird Properties LLC after the town assessor concluded the building was not substantially complete on the April 1, 2024 assessment date.
Assessor Verna (surname given in meeting materials) told the council the structure was a one-story light-industrial building she judged to be 34% complete on the tax day; site paving and finishing work were not yet installed. Verna reported a finished-value estimate without paving of $847,300 and said the owner had purchased the land for $200,000 and reported building costs and site work totaling roughly $976,000. She recommended reducing the previously committed assessed value, which led to a requested abatement of $138,000; the tax amount abated was $1,851.96.
The board voted 5-0 to grant the abatement and directed that the tax collector prepare the corrected tax commitment. Verna explained that the public property record card shows the original assessed value but that, when an abatement is approved, the tax-collection records and the commitment book are adjusted to reflect the change.
No further abatement appeals were decided at the meeting.
