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Docusign Envelope ID:CAA96AA1-7D21-4D46-9A3F-10F230AD80FA <br /> Time By <br /> Meeting called to order 12:59PM Leon Meyers <br /> Meeting adjourned 3:43PM Leon Meyers <br /> Motion Time By Second <br /> To move into recess 1:43PM Richal Vanhook Saru Salvi <br /> To return to order 1:55PM Saru Salvi Richal Vanhook <br /> Related meeting notes: <br /> • Chad Phillips explained the responsibilities that have been assigned to the Turner Valuation <br /> Group. <br /> • Discussion on reasons why values could possibly change between revaluations. <br /> Property Identification: <br /> Property Owner Xiaoyu Zhang Appellant if different <br /> Property Address 107 Tanglewood Lane Parcel ID or Abstract 9778424672 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $451,700 County Opinion $451,700 <br /> Time of Hearin 1:00 PM Appellant Opinion $420,840 <br /> County Representative Jimmy Milliken Board Decision $451,700 <br /> Evidence submitted by the appellant: <br /> • There are 3 recent comparable sales in our subdivision ranging from November 2024 to May <br /> 2025. Comp. 1: 303 Westbrook Drive,2,253 square feet, sale price $499,000, sale date <br /> November 15,2024. $221 per square foot. Comp. 2: 402 Berryhill Drive, 1,472 square feet, <br /> sale price$400,000, sale date March 14,2025. $272 per square foot. Comp. 3: 315 Westbrook <br /> Drive,2,478 square feet, sale price$650,000, sale date May 6,2025. $262 per square foot. <br /> Average price per square foot of the three recent sales is: $252. My house: 107 Tanglewood <br /> Lane,is 1,670 square feet. Using average $252 per square foot,the estimated house value is <br /> $420,840. <br /> • Appellant submitted additional evidence at meeting that has been uploaded into Spatialest. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 107 Tanglewood Lane, is a one story home with 1,709 square <br /> feet built in 1985. During the review of the appellant's comparables, comparable#2 402 <br /> Berryhill Drive and comparable#3, 315 Westbrook Drive are inadmissible due to being sales <br /> beyond the revaluation date of January 1,2025. A sales analysis was created with sales of <br /> similar size and year built, including Comparable#1. Based on the analysis,the value assigned <br /> to the property aligns with values of similar homes in the subject neighborhood, 7726. <br />