DUPAGE COUNTY BOARD OF REVIEW 421 N. COUNTY FARM RD., WHEATON, IL 60187 630-407-5888 RESIDENTIAL REAL ESTATE ASSESSMENT APPEAL FOR YEAR ___________ ______─______─______─______ (ONE PARCEL PER FORM) APPEAL NO.______________________ PERMANENT PARCEL NUMBER FILING THIS APPEAL IS NOT A PROTEST OF TAXES. THIS APPEAL ASSURES YOU OF A HEARING RELATIVE TO THE ASSESSMENT OF YOUR PROPERTY AS PLACED BY THE TOWNSHIP ASSESSOR AND/OR SUPERVISOR OF ASSESSMENTS. PROPERTY ADDRESS__________________________________________________________ DATE _______________________________________ OWNER NAME_________________________________________________________________ HOME PHONE ________________________________ ADDRESS ____________________________________________________________________ BUSINESS PHONE ____________________________ CITY OR VILLAGE /ZIP CODE_____________________________________________________ FAX NUMBER ________________________________ The Assessment is HIGHER / LOWER , than the assessment of comparable properties EMAIL_______________________________________ The Property is (overvalued / undervalued) CLASS: Single Family Residence 2 to 6 APTS Property is Assessed at more/less than 1/3 of its MARKET VALUE. STATUS: OWNER OCCUPIED RENTED-MO RENT $__________ VACANT The assessment is greater than 1/3 of recent SALE PRICE. (Please attach copy of Closing Statement) Uniformity OTHER___________________________________________________ WHAT DO YOU THINK A FAIR MARKET VALUE OF YOUR HOME SHOULD BE? $_________________________________________ (Fair price to sell it for as of January 1, current year) PROPOSED PROPERTY ASSESSMENT DIVIDED BY 3 = _________________________________________ (What you think your assessment SHOULD be as of January 1, current year) IF YOU ARE APPEALING UNIFORMITY, RESIDENTIAL GRID SHEET (PAGE 2) MUST BE FILLED OUT AND SUBMITTTED WITH APPEAL EVIDENCE MUST BE SUBMITTED IN DUPLICATE WITH APPEAL. INCOMPLETE APPEALS WILL NOT BE SET FOR HEARING Oath: I do solemnly confirm that the statements made and the facts set forth in the foregoing complaint are true and correct to the best of my knowledge. OWNER’S SIGNATURE ______________________________________________________________________________________ 1I DO WISH TO APPEAR. Please notify me by mail of my designated hearing date and time. 2- I WILL NOT APPEAR I request the Board make a decision based on evidence submitted. I understand I will NOT receive a hearing notice. IF REPRESENTED BY AN AGENT, OWNER’S SIGNATURE OR SEPARATE LETTER OF AUTHORIZATION IS REQUIRED AND MUST BE SUBMITTED WITH THIS FILING OR A HEARING WILL NOT BE SCHEDULED. AGENT’S NAME ______________________________________ AGENT’S SIGNATURE____________________________________________ (Please Print) ADDRESS ________________________________________________________________________________________________________________ (Street Address) (City) PRESENT ASSESSMENT (as of January 1, Current Year) (Please fill in) LAND __________________________________________________ BUILDING ______________________________________________ (State) (Zip) (Phone) ACTION OF BOARD OF REVIEW LAND ______________________________________________________ BUILDING __________________________________________________ TOTAL _____________________________________________________ TOTAL _________________________________________________ PRO-RATE _____________________________________________ NEW CONSTR/DESTRUC ____________/________________ PRO-RATE_________________________________________________ NEW CONST/DESTR AMT __________________________________ (OFFICE USE ONLY) (OFFICE USE ONLY) ______________________________________ MEMBER (REV 2009) _____________________________________ MEMBER Page 1 of 2 _____________________________________ MEMBER American LegalNet, Inc. www.FormsWorkFlow.com RESIDENTIAL COMPARISON GRID Please complete the Residential Comparison Grid if your appeal is based on uniformity or excessive market value. Information necessary to complete this form is available from your local township assessor, and from your own first hand knowledge of comparable properties. A copy of your information will be sent to your local township assessor. SUBJECT PROPERTY COMPARABLE #1 COMPARABLE #2 COMPARABLE #3 Permanent Parcel Number Street Address *Neighborhood (as Assigned by assessor) Lot Size (S.F./ F.F./Acreage, etc.) **Structure Type/Style/ Number of Stories Exterior Construction Age of Property Number of Bathrooms (full and half) Living Area (square ft) Do not include basement or garage with the exception of tri-levels Basement area (square feet) Finished Basement Area (yes or no, or percentage of finished area) Air Conditioning Fireplace Garage (square feet Or number of cars) Patio or Decks Other (pool, etc) Date of Sale Sale Price Sale Price per square Foot (sale price divided By living area from line 9) Land Assessment Building Assessment Total Assessment Building Assessment per square foot (bldg assmt from line 21 divided by living area from line 9) *Either the neighborhood name, number, subdivision name, or development name will be sufficient. This is a VERY important characteristic. **This is a VERY important category of information. American LegalNet, Inc. www.FormsWorkFlow.com Page 2 of 2 DUPAGE COUNTY BOARD OF REVIEW Glossary of Terms for Residential Comparison Grid Please note that it is very important to utilize properties that are similar to the subject property in an appeal. The most up-to-date information necessary to complete this grid is available from your local township assessor’s office or on their websites. 1. Permanent Index (Parcel) Number – This is the number that is used to identify your property. It appears just above your name on the front of your assessment notice as well as appearing on your tax bill. 2. Street Address – The common address used for your property. 3. Neighborhood - This is a very important criterion and every effort should be made to supply this information. In most instances, the assessor has your property in an assessment neighborhood. For some townships, this information is on their website. If that is not available to you, use the common description for the area in which the property is located. 4. Total Land Square Footage – For most residential parcels, most assessors have the total square footage for each parcel available on their websites. There are other instances where acreage is the common unit of comparison; for example, many areas have quarter acre lots. In this instance, you may want to describe the lots in your comparison in a fashion such as “.25 acre”. 5. Structure Type/Style/Number of Stories – this is a very important criterion and every effort should be made to supply this information. This refers to the type of home in terms of story height and style. The Board of Review is looking for whether the structures are 2-story, ranch style, tri-level, b-level raised ranch and the like. This information is best gained from a street side view of the properties. There are many instances where properties are one and two story structures; if so, it is acceptable to note that in the field. For such a structure one might place “Part 2 Story/Part 1 Story” in this spot on the grid. 6. Exterior Construction – The Board is looking for finish on the exterior of the house. For example; brick, wood siding, aluminum siding and stucco are common exterior finish types. There may be combinations such as “brick and frame” that are appropriate descriptions here. 7. Year Built/Effective Age – The Board of Review would like to know the approximate year in which the property was built. Effective age is a characteristic of rehabbed or otherwise modified properties and is calculated by the township assessor. 8. Number of Bathrooms – In this category, the Board of Review is looking for the number of full baths (three, four and five fixture) and the number of half baths (sink and toilet) in the structure. An example of how you might convey this would be “2 full, 1 half, or 2.5 baths”. 9. Living Area – The Board of Review is looking for the above ground square footage of the structure, as measured from the exterior of the building, as is the standard in the appraisal industry. American LegalNet, Inc. www.FormsWorkFlow.com DuPage County Board of Review Glossary of Terms (continued) 10. Basement Area – The total basement area for the structure. 11. Finished Basement Area – The total square footage of the basement that is finished and used as living area. At times this will have to be an approximation (i.e. one-half or 75%), due to a lack of information available. If an approximation is not available “yes” would also be acceptable information. 12. Air Conditioning – This is a “yes” or “no” answer in most instances. The Board only considers central air to be air conditioning. 13. Fireplaces – The Board of Review is looking for the number of fireplace openings in a property, even if two or more share the same chimney. 14. Garage – The total square footage of the structure is the important information here. If square footage is unknown, the number of cars accommodated by the garage e.g., 1, 2 or 2 ½, is acceptable information. 15. Patios or Decks – In some instances patios and decks are a significant part of an assessment valuation. Here again, the approximate square footage of the deck or patio is the best information. 16. Other – This field allows the appellant or the assessor to note significant amenities or qualities that enter into the value of a parcel. 17. Date of Sale – This is the date of sale of the property, Most recent sales data (within 3 years) is preferred. 18. Sale Price – This is the amount paid for the property on the above sale date. 19. Sale Price Per Square Foot – Take the recent sale price for the property and divide it by the living area from line 9. The Board of Review is looking to see if your assessment per square foot falls within a range of value with like properties. 20. Land Assessment – This is the current assessed value for the land portion of your property. This is found on the assessment notice, in the publication notice, or the County or township website. 21. Building Assessment – same as above only it is just the Building value. 22. Total Assessment – The total of both the land and building assessments. 23. Building Assessment Per Square Foot – Take the building assessment from line 21 for each parcel and divide by the living area from line 9. This result gives the Board a picture of whether your property is being assessed in a uniform manner with like properties. American LegalNet, Inc. www.FormsWorkFlow.com