2025_07_31 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 10A7898C-B3EB-45F1-8EFC-F2EE238E2959 Motion of the Board Accept the Coun 's revised value of$408,800 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For Leon Meyers Voted Against Property Identification: Property Owner Muna M.Giragos Trustee Appellant(if different) Property Address 1002 Willow Drive,Unit Parcel ID or Abstract 9799137408.088 88 Statement of Appeal: Request a reduction in value based on the fact that this is a one-bedroom rental with no renovations to the unit. Current Assessed Value $215,300 County Opinion $193,300 Time of Hearin 1:09 PM Appellant Opinion Not provided County Representative Cyle Anderson Board Decision $193,300 Evidence submitted by the appellant: • The appellant states that they do not have access to a computer to review comparable sales, etc. The appellant states that this is a rental property with only one bedroom. Per the appellant, there are a few one-bedroom condos in this project,and these units should carry a lower value. It is also noted by the appellant that no renovations have been done to this unit.No opinion of value was stated, and no evidence was provided to support the appellant's claim. Evidence submitted by the county representative: • The subject property is located at 1002 Willow Drive,Unit 88,in the Willow Terrace Condominium project. The County visited the subject property for photos and physical inspection. The County also performed a sales analysis using the three sales that occurred in 2024.A separate sales report from l/l/2021 to 12/31/2024 was also analyzed and there were no qualified sales of one-bedroom units during this time. After inspection and review of the comparable sales,the County recommends reducing the subject's effective year built from 2012 to 1997. This would reduce the subject's assessment from$215,300 to $193,300. This reduction will bring the subject property in line with comparable sales that sold in 2024. Please note that the subject has a higher price per square foot than the comparable sales because it's much smaller with only 621 square feet. The average square footage of the comparable sales is 929.After review,the County recommends a revised value of$193,300 for the subject property. • Photos of Subject Property • GIS Aerial Photo • Sales Analysis • Current Property Record Card of Subject • Proposed Property Record Card of Subject • Sales Report 2021 to 2025