2024-06-18 BOER Minutes - Laserfiche WebLink

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DocuSign Envelope ID:7CAFOFE7-4C8A-4784-AC3D-CA6F284A7822 The storage area in the carport does not run alongside,it is accessed by a stoop. The deck noted in the yard items is actually a dock on the lake and the porch must have been a gazebo which has since been removed. These items need to be corrected and the additional physical depreciation changed from 15 to 20 percent. • Photos Motion of the Board Accept the County's revised value of$1,050,400 Made the motion Tony Blake Seconded the motion Shannon Julian Voted For Barbara Levine Voted Against Property Identification: Property Owner Investors Title Company Appellant(if different) Property Address 120 W. Franklin Street Parcel ID or Abstract 19788279260 Statement of Appeal: Request a reduction in value based on the purchase price of the property. Current Assessed Value $8,387,700 County Opinion $8,362,100 Time of Hearin 2:42 PM Appellant Opinion $5,000,000 County Representative Roger Gunn Board Decision $8,362,100 Evidence submitted by the appellant: • Appellant suggests that an agreement of purchase and sale from September 2020 between EAP Walker Properties,LLC and Investors Title Company be valid for this value appeal. Evidence submitted by the county representative: • Property owner appears to have had a contractual agreement to purchase the property for $5,000,000 in 2020 that was not recorded. The recorded purchase date was l/18/2024 which is after the January 1, 2021 revaluation date.After reviewing the property, an adjustment of effective age on the home at 203 W Rosemary for condition from 2000 to 1972 is warranted. • Property record cards before and after change • Deed • Photos Motion of the Board Accept the County's revised value of$8,362,100 Made the motion Tony Blake Seconded the motion Shannon Julian Voted For Barbara Levine Voted Against