The City of Pullman’s Historic Preservation Commission has entered into its first special tax valuation agreement on an historic property. The deal involves a Dutch Colonial Revival house on College Hill that was built in 1925. The home was added to the Pullman Register of Historic Places 3 years ago. The owners have spent about 200,000 dollars in rehabilitation work on the house. The agreement will reduce the assessed tax valuation on the property for 10 years. The tax break is expected to save the owners at least 30,000 dollars. The residence, now known as the Zlatos House, was at one time the home of City Councilman Adolph Rounds and 2 Deans of the Washington State University School of Economics and Business, Eugene Clark and Gary Walton. Historic properties listed in Pullman are eligible for tax breaks for rehabilitation work.
