2024-06-06 BOER Minutes - Laserfiche WebLink

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DocuSign Envelope ID:8CA5849B-B380-455F-8C08-8BA4656DC33A Current Assessed Value $363,700 County Opinion $363,700 Time of Hearin 1:50 PM Appellant Opinion $350,000 County Representative Louise Benson- Board Decision $363,700 Lochner Evidence submitted by the appellant: • Parcel ID: 9824731949: Lot Size: 0.22 Acre,Home Size: 2,674 square feet,Land Value: $45,000,Building Value: $315,200, Overall Value: $360,200 The above parcel has the same number of bedrooms and full bathrooms as my house but is valued less. I debate that my property should be less than$360,200. However, I put my opinion value as $350,000 because my lot size is 0.16 acres. Hence the land value should be lesser than$45,000. Evidence submitted by the county representative: • Subject and comparable are located in Bowman Village Subdivision. All lots in this subdivision are assessed at$45,000. The average acreage of the 49 lots is 0.1793 acres. • In a homogeneous neighborhood such as a subdivision,land is valued with a base lot price for all lots. Adjustments are made only to significant atypical lots. Acreage is not the only factor that determines lot value. Frontage,view, access,corner lots,road noise,and topography are also considered in the desirability of a particular lot. Cul-de-sac lots are generally larger in size,but the road frontage is smaller. • It is also noted that comparable is 1-year older than the subject,therefore depreciation is slightly higher for the comparable and lower for the subject. Additionally,the subject front open porch is larger than the subject's porch leading to a higher assessed value. • PIN card 9824747485 -subject • Front&rear photos of subject • PIN card 9824731949 -comparable • Front&rear photos of comparable • Map of Bowman Village subdivision • Bowman Village-Acreage summary Motion of the Board Accept the County's recommendation of no change in value Made the motion Barbara Levine Seconded the motion Tony Blake Voted For Leon Meyers Voted Against Property Identification: Property Owner University Gardens Appellant(if different) Charles Bulthuis Condominiums (Agent) Property Address 800 Pritchard Ave. Parcel ID or Abstract See attached list(87 PINS total)