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<br /> <br /> <br /> <br />Evidence submitted by the county representative: <br />• Subject property is located at 205 Manor Ridge Drive. Reviewed appellant's submitted <br />information and based on Comparable sale #1, the price per square foot is aligned with <br />the subject. See sales analysis. Corrected bath count as only three full baths, removing <br />the half bath, adjusted effective age to year built (2008 to 1999) for not having <br />upgrades like higher valued properties. These changes will lower the value to <br />$765,800, placing the subject's value per square foot below that of Comparable #1. I've <br />included 2024 NBC Analysis report to illustrate the assigned sales valuations and how <br />they align with assessed values. <br />• Sales Analysis <br />• NBC Analysis Report <br />• Current Property Record Card <br />• Proposed Property Record Card <br />• Photos of Subject <br /> <br /> <br />Motion of the Board Accept County's Proposed Value: $765,800 <br />Made the motion Saru Salvi <br />Seconded the motion Richal Vanhook <br />Voted For All BOER Members ... <br />Voted Against ... ... <br /> <br /> <br />Property Identification: <br /> <br />Property Owner Krishna Sinha Appellant (if different) <br />Property Address 401 Lakeshore Lane Parcel ID or Abstract 9890107574 <br /> <br />Statement of Appeal: Request a reduction in value based on the purchase price of the property. <br /> <br />Current Assessed Value $1,063,000 County Opinion $952,100 <br />Time of Hearing 2:27 PM Appellant Opinion $925,000 <br />County Representative Jimmy Milliken Board Decision Continue appeal to later date <br /> <br />Evidence submitted by the appellant: <br />• We purchased the house in January 2025 for a price of $925,000. Therefore, for tax <br />purposes, the assessed value of the home as of January 1, 2025 should align to the <br />actual transaction price in January 2025 of $925,000. <br /> <br /> <br />Evidence submitted by the county representative: <br />• Subject property is located at 401 Lakeshore Lane. A sales analysis was created and <br />based on that analysis, an adjustment of the grade from A+20 to A-10 was needed to <br />align the property with other neighborhood sales. Per the sales listing for the subject, <br />the fireplaces are not operable. The County suggests adding 2% functional <br />obsolescence for the fireplaces not working. Adjusting the grade from A+20 to A-10 <br />Docusign Envelope ID: 288E0C02-CDC7-42EE-8ACF-A225778F48C2