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DocuSign Envelope ID:639C5139-26DA-4AC3-8274-8C6D5BE5A52A <br /> Ms. Wells clarified the current value is if properties are below 1,800 square feet then the properties in the <br /> Northside Conservation District area would have the 20% economic factor. In addition,the County <br /> rounds measurements to the nearest foot. <br /> Ms. Bateman requested Hudson Vaughan present evidence on behalf of Mrs. Wilson and Mr. Beattie <br /> moved for the Board to accept evidence from Mr. Vaughan. Mr.Vaughan provided additional <br /> information about the Northside Conservation District and the 1,750 square foot limit for new <br /> construction and expansion of existing homes. Mr. Vaughan stated that although there are 16 property <br /> sales over 1,750 square feet,the problem in analyzing these properties are that the comparable sales <br /> available for the subject property are multifamily student rental properties that were in newer condition <br /> and skewing the whole data analysis. Mr.Vaughan explained that properties like the property of Ms. <br /> Wilson end up being compared to similar sized properties that are newer with economically different <br /> characteristics and no comparable sales for subject property exist. <br /> Mr. Gunn agrees with Mr.Vaughan and clarified there are no good comparable sales for the subject <br /> property and this is one of the issues the County faces with older and larger properties in this <br /> neighborhood. Mr. Gunn stated that one way to address this property was to apply the Schedule of Values <br /> and adjust the value of the building offering at$57,400 with the remainder of the land value at$225,000 <br /> similar to other lots on Church St that are single family residences with greater than 1,750 square feet. <br /> Ms. Bateman requested Kathy Atwater testify that Ms. Atwater is a resident in the Northside Community <br /> and a staff member of the Jackson Center that works alongside Northside residents with their property <br /> taxes. Ms. Atwater testified Ms. Wilson is 80 years old,is currently still working trying to make tax <br /> payments, and the new valuations are a burden with an increase to the taxpayers, especially to those with <br /> fixed income.Ms.Atwater stated that in speaking with Ms. Wilson,Ms. Wilson stated the back enclosed <br /> porch contains laundry room and is not well insulated. <br /> Mr. Beattie asked if the Board had any additional questions and stated that he questions if the 2,100 <br /> square foot house in poor condition might not be salvageable and restored rather than torn down where <br /> only a 1750 square foot home could then be built. In Mr. Beattie's opinion,he feels the 20%economic <br /> factor has not reproduced the intended outcome that the county commissioners hoped for every property <br /> and is inclined to asked the County to reapply the factor to the property. <br /> Mr.Meyers gave an opinion to return the property value to $249,700. <br /> Mr. Gunn presented the calculation that if the 20%economic factor was reapplied to the property and <br /> keeping all other recommended changes,the overall value would be reduced to $226,000. <br /> Ms. Levine gave the opinion of also returning the property value to$249,700. <br /> The Board reviewed all documents and information provided by the appellant and the County. After <br /> deliberation and review,Mr. Beattie made a motion to return the property valuation to $249,700. Ms. <br /> Levine seconded the motion and the motion carried. <br /> Yes: 3 <br /> Noes: 0 <br /> J K B COMMERCIAL LLC PIN 9799038088.013 <br />