King v. Department of Revenue

CARL N. BYERS, Judge.

Plaintiffs appeal from defendant’s opinion and order finding the value of their property on July 1, 1991, was $90,600. Plaintiffs contend the real market value did not exceed $60,185.

The subject property is a lot improved with a single-family residence located at 48th Avenue and Southwest Flower Court in Portland. Although in an established neighborhood, 48th Avenue is an unimproved street maintained by the owners of the adjacent properties.

The primary dispute between the parties concerns the value of the land. The land is zoned R-7, which requires a minimum lot size of…