Kenai Peninsula Borough board upholds assessor values for three Canyon View parcels

The Kenai Peninsula Borough Board of Equalization on May 28, 2025, voted 5-0 to uphold assessor-recommended assessed values for three parcels in the Canyon View Subdivision owned by Petro Basarjan and Evdokia Rutov, following a hearing in which the appellant argued the assessments were excessive and unequal.

The Board of Equalization meeting opened the appeal as case 2025-14. The parcels are identified as 18533046, 18533047 and 18533048 (plat HM2023-44) in Section 26, Township 4 South, Range 11 West, Seward Meridian. Assessing staff recommended assessed land values of $17,500 for parcel 18533046 and $17,500 for 18533047, and a recommended total assessed value of $212,000 for parcel 18533048 after a $9,300 reduction from the original notice figure of $221,300.

The appellant, Petro Basarjan, told the board he wanted a market-based value review and said he had “a change of heart” about withdrawing the appeal after earlier verbally indicating he would accept the adjusted values. “I’m just trying to, get a fair assessment on the value as far as the market goes and, you know, the surrounding properties as well,” Basarjan said during his presentation.

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