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Docusign Envelope ID:286CD4C8-ACFC-47D3-955A-01D71CF51158 <br /> • A review of the untimely application indicates that the property would otherwise qualify for <br /> the Present Use Value program for agriculture. <br /> • Good Cause Letter <br /> • AV-5 Application <br /> • 2025 Attending Farmer's Income Statement <br /> • GIS Map <br /> Motion of the Board Accept untimely application for Present Use Value <br /> Made the motion Richal Vanhook <br /> Second the motion Leon Meyers <br /> Voted For Saru Salvi <br /> Voted Against <br /> Property Identification: <br /> Property Owner Gang Chen Appellant(if different) <br /> Property Address 106 Butterfield Court Parcel ID or Abstract 19870956978 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $904,900 County Opinion 1 $904,900 <br /> Time of Hearin 1:59 PM Appellant Opinion $875,000 <br /> County Representative Roger Gunn Board Decision $904,900 <br /> Evidence submitted by the appellant: <br /> • Statement by appellant: "Based on comparable property sales within the same neighborhood <br /> and of similar size and characteristics, I believe the current valuation of my home is excessive <br /> and does not reflect its fair market value.According to the County's own Comparable Report, <br /> the following properties were recently sold: 102 Old Larkspur Way(1,218 ft away): Sold for <br /> $850,000 on March 12,2024 120 Old Larkspur Way(555 ft away): Sold for$820,000 on April <br /> 3,2023 Both homes are in the same neighborhood,built by the same contractor around the <br /> same time,with similar lot sizes, square footage, and bedroom/bathroom configurations. The <br /> current total assessed value of my property is $904,900,which is significantly higher than <br /> these comparable sales. Given these facts and considering that the most recent comparable sale <br /> in March 2024 was for$850,000, I believe a more accurate and fair assessed value for my <br /> property should be approximately$875,000." <br /> Evidence submitted by the county representative: <br /> • Both an analysis of 2024 sales in the Larkspur neighborhood and an equity analysis with <br /> similar homes in the Larkspur neighborhood support the current valuation. No adjustment to <br /> value is supported based on the single sale in 2024 and an older 2023 sale supplied by the <br /> appellant. <br /> • Photograph of Subject <br /> • Property Record Card of Subject <br />