The Minneapolis City Council or John Hoff AKA Johnny Northside (Likely both) have some explaining to do. Serious explaining... To the residents and tax payers of Minneapolis. Its no wonder why Johnny Northside was keeping this quiet. Surely, no one would notice, right? WRONG!
Look at this carefully... This property information was copied from the Hennepin County web site on July 9, 2008: My comments are in Red. It first says, "2008 Assessment (For Taxes Payable 2009) ____________________________________
2008 Assessment (For Taxes Payable 2009)
Property ID: 10-029-24-32-0074 Address: 3016 6TH ST N Unit No.: Municipality: MINNEAPOLIS Owner: JOHN W HOFF
Taxpayer Name / Address: JOHN W HOFF 3016 6TH ST N MINNEAPOLIS MN 55411 Subrecord No. 1
Improvement Amount: Property Type: RESIDENTIAL
Homestead Status: NON-HOMESTEAD Exempt or Deferred:
Values
Estimated Limited Land: 28,400 28,400 ($28,400 Lot value)
Building: 19,400 19,400 ($19,400 Improvement/house value) Machinery: 0 0 Totals: 47,800 47,800 (TOTAL Taxable Market Value) Less Qualified Improvement: 0
Total Taxable Market Value: 47,800 (Remember, this was from July 9, 2008) Hennepin County is providing this information as a public service.Tax related questions: taxinfo@co.hennepin.mn.us _________________________________________
The following is the CURRENT information on the SAME property after John Hoff sold the house to the City of Minneapolis: As of September 9, 2008 _________________________________________
Parcel Data for Taxes Payable 2008
Property ID: 10-029-24-32-0074
Address: 3016 6TH ST N
Municipality: MINNEAPOLIS School Dist: 001
Construction year: 1900
Watershed: 6 Approx. Parcel Size: 37.00 X 165.00 Sewer Dist:
Owner Name: CITY OF MINNEAPOLIS
Taxpayer Name & Address: DEPT OF COMM PLAN/ECON DVLPT ATTN: REAL ESTATE 105 5TH AVE S #200 MINNEAPOLIS MN 55401
Most Current Sales Information NO SALE INFORMATION ON FILE FOR THIS PROPERTY. (Why not?)
Tax Parcel Description Addition Name: MORRISONS ADDN TO NORTH MPLS Lot: Block: 010 Metes & Bounds: N 18 FT OF LOT 10 AND S 19 FT OF LOT 11
Abstract or Torrens: ABSTRACT Value and Tax Summary for Taxes Payable 2008
Values Established by Assessor as of January 2, 2007
Estimated Market Value: $128,000 Limited Market Value: $128,000 Taxable Market Value: $128,000
Total Improvement Amount: Total Net Tax: $1,676.84 Total Special Assessments: $1,110.05 Solid Waste Fee: $20.27 Total Tax: $2,807.16
Property Information Detail for Taxes Payable 2008
Values Established by Assessor as of January 2, 2007
(As of January 2, 2007... 2007??? How is that possible? WHAT Assessor?)
Values: Land Market $28,400 Building Market $99,600
Machinery Market
Total Market: $128,00
Land Limited: $28,400
Building Limited $99,600
(Are you seeing this??? The value went UP $80,200!
John bought it in April 2008 where it was valued at $47,800. Then AFTER he sold it to the city, the County claims it is worth $128,400 AND that is based off of an assessment from January 2, 2007... NOT 2008!)
Total Limited: $128,000
Qualifying Improvements Classifications: Property Type RESIDENTIAL Homestead Status NON-HOMESTEAD Hennepin County is providing this information as a public service.Tax related questions: taxinfo@co.hennepin.mn.us _________________________________________
This information CLEARLY shows that someone did something wrong and I have the following questions:
-HOW MUCH THE CITY PAID JOHNNY NORTHSIDE?
-How did the least expensive house on MLS in April of 2008 (John paid $8,500) get sold to the city to be demolished less than 3 months later AND show a property tax value increase of $80,200?
If I am reading this information wrong... Please help me to understand it. But, I don't think I am reading it wrong. I think this needs to be brought to the attention of the Mayor as well as other government agencies since John Hoff nor Jeff Skrenes will not answer how much he got paid for his house.
Sure seems like the City Council found a way to increase the value of a property rather quickly.
If I were a resident of North Minneapolis... I would want answers because, this looks like FRAUD and it was done intentionally!
2 comments:
http://dfwmentor.wordpress.com/2008/10/27/n-minneapolis-buys-dirt-cheap-raises-values/
Hey genius, if you are a real estate mentor you should know that property tax values have nothing to do with sales prices. NOTHING. Also, had you waited long enough for the county to record it you would see that the city paid $17000 for the home. Johnny was lucky to find a place in a spot that the city put their new Eco-Village in. This long long post is absurd. Please try to get your facts straight before you begin to point fingers over real estate deals that smell fishy. By the by, I'm not Johnny Northside, I am a single female duplex owner in NE Mpls who is fed up with people like you trying to get in the way of real progress, simply because Johnny won't stop picking on your shady connections.
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