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Board sustains assessment for 501 Randall despite owner citing water intrusion and electrical issues
Summary
David Heinlein asked the board to reduce the fourplex's assessment to reflect foundation water intrusion and electrical upgrades; the board reviewed evidence but sustained the assessor's comparable‑based valuation at the hearing.
Owner David Heinlein told the board his fourplex suffers from foundation water intrusion and needs window and electrical service upgrades that would cost tens of thousands of dollars, and he proposed a lower valuation based on those repair costs and an income approach.
Heinlein said the electrical service requires replacement and estimated foundation and window repairs would be significant; he told the board his estimate for repairs informed his suggested assessed value. Assessor Laurie Swornen said comparable fourplex sales and price‑per‑unit analysis supported the roll value and noted the assessor's office had not known about the condition when the roll was set; she said the assessor would flag the property for review if remediation work and permits were later submitted.
The board concluded the assessor's sales evidence was the more persuasive record for the hearing and voted to sustain the existing assessment. The owner was advised of appeal options, and the assessor said staff would watch for documentation if repairs are pursued.
