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Docusign Envelope ID: BC772D21-D919-44A7-AA96-A6CF2CC30F19 <br /> Evidence submitted by the appellant: <br /> • 2024 income and expenses support a lower value. <br /> Evidence submitted by the county representative: <br /> • The subject is a 3,912 square foot office condo in the Willowcrest Office Condos building. Per <br /> the County's commercial appraisal consultant: "The Willowcrest Building is always hard to <br /> deal with because of the way the split up space and documented those changes. I believe that <br /> this is therapist space,but it's very hard to tell. Depending on what the owner can tell us about <br /> the space, it may or may not be reasonable to make a change. There is one sale in that building <br /> that is large enough and recent enough to consider. Unfortunately,it was motivated and the <br /> broker directly told me the space was very dated,needed work and he would not use it as a <br /> comparable sale. I included it because I felt like I had to,but it muddies the waters." <br /> • The subject is valued at approximately$180 a square foot which is in range with comparable <br /> sales.No adjustment is supported. <br /> • Photograph of Subject <br /> • Location Map of Subject <br /> • Current Property Record Card of Subject <br /> • Comparable Sales for Subject <br /> Motion of the Board Revised value of$586,800 <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 EHSC Properties Appellant(if different) <br /> Property Address 1525 US 70A I Parcel ID or Abstract 19874322487 <br /> Statement of Appeal: Request a reduction in value based on the purchase price on 02/06/2025. <br /> Current Assessed Value $958,500 County Opinion 1 $891,400 <br /> Time of Hearin 2:14 PM Appellant Opinion $887,300 <br /> County Representative Roger Gunn Board Decision $958,500 <br /> Evidence submitted by the appellant: <br /> • I purchased the property on 2/6/2025 for$887,300. <br /> Evidence submitted by the county representative: <br /> • The appellant purchased the subject property along with PIN 9874328408 for$4,219,000 <br /> according to deed stamps. Although there seems to be some relationship between the appellant <br /> and prior owner,as evidenced in the deed with them both having the same PO Box address,the <br />