573934 - Laserfiche WebLink

Home Browse Search

Page 1 of 1 Molly Hatfield- Requested Review for 1220 Crowley From: al bettinrd<abettinrd@yahoo.com> To: "assessor@co.marion.or.us" <assessor@co.nlarion.or.us> Date: 10/13/2020 5:40 PM Subject: Requested Review for 1220 Crowley Attachments: requestforreview.pdf To whom it may concern, I am requesting an Appraisal Review for my empty property- 1220 Crowley Ave SE, Salem Oregon 97302 Please find the attached form. I was having formatting issues in the pdf form -so I have pasted below my supporting documentation/statement from that form if it isn't easy to read in the attached pdf. As noted in the statement below, I can provide as much detail and copies of paper work as is desired on the two written offers we have had on 1220 in the past- I just didn't want to start off the process with a bunch of scanning and attaching of a lot of paper work, if all you need is the offered price page (as an example). So I'm happy to send as much as is desired, please just let me know. Thank you Alex Bettinardi Additional information from the review request form - We have had the empty property at 1220 Crowley listed for sale for approximately 10 years (starting around 2008 on and off). It has always been listed between $60,000 -65,000. Over the years we have gotten a couple of interested buyers. We have only had two written offers up to this point (copies of offer paper work can be provided as requested). The first one was for$51,000 in Dec 2019. That offer was terminated because the buyer could not get approval to build their desired home. The second one was for $45,000 and was terminated in June 2020 because the buyer could not get approval to build their desired home. Prior to these two offers, the only serious verbal offer that was given was by a developer who explained that because of the existing conditions on the property, the most they could possibly offer was $35,000 and still be able to make a profit on a potential sale of a home constructed on 1220. That verbal offer for$35,000 was in 2018; prior to that another developer verbally offered $25,000 in approximately 2010. No other serious offers have been submitted in the 10 years that 1220 has been on the market at$60,000-$65,000. The size of the land might suggest a higher value, but the conditions that the City of Salem has on 1220, make any development very limited and therefore the value of the land is uncharacteristically low. Thank you. file:///C:/Users/MHatfield/AppData/Local/Temp/XPgrpwise/5F86B213GWM1M-MARL... 10/14/2020