Out of Whack Neighborhood Data

Neighborhood Name 2013 Sales Ratio Number of Parcels Parcels Up Parcels Down Max. Increase Max. Decrease Hunter's Ridge 1 26.01% 84 74 5 $41,055 $12,688 Lakes of Boulder Ridge 28.52% 135 133 2 $35,593 $5,013 Cheswick Place 28.89% 114 109 5 $39,355 $19,081 Country Club Addition 31.59% 275 175 98 $30,644 $62,534 Sun City Detached 33.33% 1630 658 970 $33,340 $34,826 Spring Lake Farms Cluster 35.35% 168 13 153 $8,880 $8,806 Heritage of Huntley 35.58% 329 273 57 $17,530 $31,975 Willow's Edge 35.70% 165 30 136 $8,240 $16,918 Spring Lake South Cluster 35.97% 98 9 89 $8,629 $16,911 Cepeks 36.80% 909 80 829 $15,085 $40,187 Georgetown 37.29% 90 4 24 $741 $34,262 Bell Chase Townhomes 37.35% 152 38 114 $7,305 $13,490 Huntley Condos 38.59% 109 30 79 $14,286 $20,099 Southwind Townhomes 38.97% 177 21 146 $13,366 $14,175 Wing Pointe Townhomes 39.56% 154 9 145 $9,454 $15,029 North Crystal Lake Park Beach 41.15% 150 56 99 $27,217 $14,627 Meadowbrook Impressions 41.45% 306 23 283 $6,186 $16,713 Covington Lake Townhomes 43.97% 64 1 64 $6,094 $16,832 Statutory requirement: 33.33% Under-assessed Over-assessed Grafton Township 2014 Assessment Picture 1 Largest increase was for an arms-length purchase at $490,000 but it received a county stip. and lowered to $427,000. It's interesting that one of the neighborhoods complaining the loudest also had the greatest assessment decrease. Looks like what the complainers wanted was to let the less fortunate carry the weight for one more year even though the complainers had been under-assessed since 2011 and the less-fortunate over-assessed. One of the lowest value areas in Grafton Township.

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Grafton Assessor Neighborhood Comparisons

Transcript of Out of Whack Neighborhood Data

Neighborhood Name 2013 Sales Ratio Number of Parcels Parcels Up Parcels Down Max. Increase Max. Decrease

Hunter's Ridge1 26.01% 84 74 5 $41,055 $12,688Lakes of Boulder Ridge 28.52% 135 133 2 $35,593 $5,013Cheswick Place 28.89% 114 109 5 $39,355 $19,081Country Club Addition 31.59% 275 175 98 $30,644 $62,534

Sun City Detached 33.33% 1630 658 970 $33,340 $34,826

Spring Lake Farms Cluster 35.35% 168 13 153 $8,880 $8,806Heritage of Huntley 35.58% 329 273 57 $17,530 $31,975Willow's Edge 35.70% 165 30 136 $8,240 $16,918Spring Lake South Cluster 35.97% 98 9 89 $8,629 $16,911Cepeks 36.80% 909 80 829 $15,085 $40,187

Georgetown 37.29% 90 4 24 $741 $34,262Bell Chase Townhomes 37.35% 152 38 114 $7,305 $13,490Huntley Condos 38.59% 109 30 79 $14,286 $20,099Southwind Townhomes 38.97% 177 21 146 $13,366 $14,175Wing Pointe Townhomes 39.56% 154 9 145 $9,454 $15,029North Crystal Lake Park Beach 41.15% 150 56 99 $27,217 $14,627Meadowbrook Impressions 41.45% 306 23 283 $6,186 $16,713Covington Lake Townhomes 43.97% 64 1 64 $6,094 $16,832

Statutory requirement: 33.33%

Under-assessed

Over-assessed

Grafton Township 2014 Assessment Picture

1 Largest increase was for an arms-length purchase at $490,000 but it received a county stip. and lowered to $427,000.

It's interesting that one of the neighborhoods complaining the loudest also had the greatest assessment decrease.

Looks like what the complainers wanted was to let the less fortunate carry the weight for one more year even though the complainers had been under-assessed since 2011 and the less-fortunate over-assessed.

One of the lowest value areas in Grafton Township.