Multnomah County v. Department of Revenue

CARL N. BYERS, Judge.

Plaintiffs (county) appeal from Defendant Department of Revenue’s (the department) Opinion and Order holding that historic property shall be reclassified at its assessed value at the time of reapplication, rather than at its real market value. County claims that ORS 358.505 1 and subsequent legislation make it clear that real market value is to be used for the second-frozen assessment period. Taxpayers intervened and the matter was submitted to the court on cross motions for summary judgment.

FACTS

Unidentified prior owners of the subject property had it classified and…