Pacific Coast Land Co. v. Department of Revenue

Loren D. Hicks, Jndge Pro Tempore.

This case concerns the fair market value on January 1, 1968, of four parcels of plaintiff’s land lying along the ocean beach and U.S. Highway 101 in Lincoln County south of the town of Newport. The properties are identified in the evidence by tax lot number and are valued by the parties as follows:

Tax Lot Number Acres Plaintiffs Contention Defendant's Contention

14 65 mostly east of highway $13,890 $ 52,760

15 23 west of highway along beach 28,740 103,280

32-148 29.27 west of highway 21,630 86,320

32-182 26.58 both west and east of highway 18,166 47,720

Totals…