-
C: Property sale / Marion Heights, LLC. from Dianna Samples
( assessment after a sale receives 78% discount) ( double entry P-TAX forms and deeds fail to show up in assessments ) Documents
First problem:
-
In May of 2009, Marion Heights, LLC. purchased a 1 acre tract from Dianna Samples, a widow. This property is located at 2008 Morgan Avenue at the intersection with Shane Lane in Marion, Illinois just east of Interstate Highway 57. ( see documents referred to as Exhibit C )
-
Records state that $ 75,000.00 was the purchase price for not only this tract, but that the $ 75,000.00 purchase price included five additional lots across the street on the south side of Morgan Avenue.
-
Dianna Samples, a widow, has stated that she herself received $ 75,000.00 for her share alone, not counting some “$ 60,000.00 the children received” from Doug Bradley of Marion Heights, LLC. She also confirms that she sold the property ( PIN # 06-11-400-006 ) because her mobile home on that property was practically destroyed by the 2009 “straight line winds” storm that hit Marion hard in May of 2009.
-
Marion Heights LLC.’s managing partner Doug Bradley, a CPA, signed the PTAX-203 real estate transfer declaration stating that there were no mobile homes on this property, and that $ 75,000.00 was the full value paid.
-
On the 2009/2010 tax bill this one acre parcel ( PIN # 06-11-400-006 ) was assessed by the Williamson County Tax Assessor for a fair cash value of $ 35,619.00. The total assessed fair cash value of all six parcels in this transaction for 2009/2010 was only $ 55,914.00.
-
On the 2010/2011 tax bill for this one acre parcel, the Williamson County Tax Assessors Office removed the assessment for buildings and improvements completely, leaving the one acre parcel assessed at a fair cash value of only $ 9,660.00 despite the fact that the trailers and outbuildings were demolished by the May 2009 storm previous to the purchase date and verified as such on the P-TAX form.
-
In the Board of Review hearing in 2013, Jeff Robinson stated that this one acre parcel ( PIN 06-11-400-006 ) was “worthless” in his opinion “because of its size and its shape”. This, in spite of the fact that the owner/developer paid $75,000.00 for it, and has bought numerous lots on the same street throughout 2013 for $ 225,000.00 per acre.
-
The total assessed fair cash value for all of these 6 parcels for the 2011/2012 tax year was $ 30,204.00, roughly a 60% discount from the stated purchase price.
Second problem:
-
Driven by the persistent rumors surrounding the actual purchase price of these six parcels, a diligent research of courthouse records was initiated, and a critical piece of missing evidence was uncovered. In 2007, ( 2 years prior to the above purchase date ) Marion Heights LLC. purchased this exact same property ( same exact PIN numbers ) for a recorded purchase price of $ 60,000.00 from the children/heirs etal of the above named widow for their interests in the property, and filed the deed and P-TAX form at the courthouse. ( see documents in Exhibit C )
-
The tax assessor never reassessed these six properties, although the deed was recorded. Inexplicably, there is currently no record of this transaction’s purchase price of $ 60,000.00 on any of the property record cards for these six parcels in the tax assessor’s office.
-
As a result, the widow paid for all of the 2007 and 2008 property taxes.
-
The two purchase transactions two years apart by the exact same developer for the exact same properties were never added together by either the developer or the tax assessor.
-
The actual total purchase price for these six properties was $ 135,000.00
-
Based on the actual purchase price The Williamson County Tax Assessor gave these properties a 78% discount.
-
The rough estimate for tax monies the county has been defrauded on this ( these ) transaction(s) alone is approximately $7,500.00.
Recent Comments