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Docusign Envelope ID: EA817964-5D23-4552-B48C-35C2ACB928D2 <br /> Property Identification: <br /> i Property Owner Lis Investment LLC Appellant(if different) <br /> Property Address 220 Scarlett Drive I Parcel ID or Abstract 19799677257 <br /> Statement of Appeal: Request a reduction in value based on the original purchase price,the potential <br /> monthly rent and the fact that no renovations have been done to the home. <br /> Current Assessed Value $358,900 County Opinion 1 $355,100 <br /> Time of Hearin 2:51 PM Appellant Opinion $296,000 <br /> County Representative Bill Hiltbold Board Decision $355,100 <br /> Evidence submitted by the appellant: <br /> • Appellant bought the property in foreclosure for$176,000 and rents it for only$2175/mo. <br /> Zillow estimates this house could rent for$2656/mo. There has been no renovation. <br /> Evidence submitted by the county representative: <br /> • A sale listing from January 2016 presents the home as having 4 bedrooms,2 full baths and <br /> 1665 sf of living area. I propose correcting the bedroom count to 4 and the sketch by drawing <br /> the storage room(SA) and the deck(DK)under the 2 foot second floor overhang(LQ). I would <br /> then add US50(upper story 50%of below area) over the area north of the front porch and <br /> extend the front porch to the corner of the house. The corrected living area would be 1648 sf <br /> and within 5%of the sales listing. This additional square footage would raise the value of the <br /> building. Since the deck is beginning to rot and the kitchen and baths are original,there should <br /> be depreciation applied. <br /> • Propose adjusting the effective year built to the year built of 1992. <br /> • Photographs of Subject <br /> • Current Property Record Card of Subject <br /> • Proposed Property Record Card of Subject <br /> • Email Correspondence <br /> Motion of the Board Accept the Coun 's revised value of$355,100 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For Leon Meyers <br /> Voted Against <br /> Property Identification: <br /> Property Owner JL Wright Contracting Inc. Appellant(if different) Gaylene Piper <br /> Property Address 4802 Mt. Sinai Road Parcel ID or Abstract 9891583870 <br />