Property Tax Appeal Board Decision 2005-27616-R-1 Trajano

              (Continued on Next Page)
Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction in the assessment of the
property as established by the Cook County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $10,515
IMPR. $22,617
TOTAL: $33,132
Subject only to the State multiplier as applicable.
PTAB/TMcG.
1 of 5
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Ariel Trajano
DOCKET NO.: 05-27616.001-R-1
PARCEL NO.: 06-32-305-009-0000
The parties of record before the Property Tax Appeal Board (PTAB)
are Ariel Trajano, the appellant, and the Cook County Board of
Review (board).
The subject property consists of a one-year-old, two-story
single-family dwelling of frame construction and located in
Hanover Township, Cook County. The residence contains two and
one-half bathrooms, a full basement, air conditioning and a
three-car garage. The appellant claimed the subject contained
3,305 square feet of living area. As evidence of this claim the
appellant submitted the subject's marketing advertisement
describing the appellant's "Newcastle" Model as containing 3,305
square feet. No evidence of measurement other than the
Assessor's measurement was submitted. The Assessor's official
records describe the subject as containing 3,460 square feet.
The PTAB finds the best evidence of building size is the
Assessor's estimate of 3,460 square feet.
The appellant appeared before the PTAB and submitted evidence
claiming unequal treatment in the assessment process as the basis
of the appeal. In support of this argument, the appellant
offered four suggested comparable properties located within a
quarter mile of the subject. These properties consist of two-story
single-family dwellings of frame and masonry or frame
construction and are one year old. The comparables have two and
one half bathrooms. All homes are air-conditioned and have
fireplaces and three-car garages. The comparables contain 3,460
square feet of living area. All four comparables have occupancy
factors. The full improvement assessments for comparables two,
three and four are $10.00, $11.97 and $12.47 per square foot of
living area. The appellant also testified that he paid $339,125
in January 2005 for his property. The appellant requested an
assessment based on 10% of his purchase price. Based on this