2025_09_18 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:CAA96AA1-7D21-4D46-9A3F-10F230AD80FA (2025),which carries a base rate of$30,000 (AC-9 pricing). The appellant's comparable properties also varied in size,which has a significant impact on the value of land. For example,referring to page one of the appellant's spreadsheet, 13 properties were submitted, with the land ranging from 1 acre to 18.33 acres in size. For 10 of these,the properties were from neighborhood code 2019,which has a base rate of$20,000. 2 of the 13 properties also had adjustments for negative influence factors on the land. Page 2 of the appellant's comparable property spreadsheet paints a similar picture,which explains the variance in land values. The range of land sizes for the 16 properties listed on this page are from 0.98 to 16.85 acres in size. All are from different neighborhoods than the subject. 2 of the neighborhoods (2021 and 2027)have base rates of$36,000 and$35,000. There were a few parcels from neighborhood 2019 as well. 2 of the 16 also had negative land adjustments for influence factors, including one with a-75%no perc adjustment(PIN 9838091225). For the 5 parcels on page 3,the lot values ranged from 6.76 to 56.08 acres in size. The tracts were also from different neighborhood codes and 3 of the 5 have land adjustments for negative influence factors. In summary,the wide variance in land values is supported by the aforementioned variables. • The County also performed a sales analysis and an equity analysis. The sales analysis used 4 sales from the subject's neighborhood that sold in either 2023 or 2024. 3 of the 4 sales had higher negative land adjustments for different influence factors than the subject property. Several were larger and several were smaller in size than the subject,which led to variance in the land values. For these reasons,the subject's price per acre was slightly higher than the average of the sold properties. The County's equity analysis used 3 parcels, 2 of which are adjacent to the subject. This analysis revealed that the subject's land value is in line with that of neighboring tracts. After review,the County recommends applying a-10%adjustment to the subject's land to account for the shape of the lot. This change would reduce the subject's assessment to $177,200. The County recommends a revised value of$177,200 for the subject property. • Photo of Subject • GIS Map • GIS Aerial Photo of Subject Property's Neighborhood(2025) • Sales Analysis • Equity Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Continue to a Future Date/Time: Continue appeal to give the appraiser an opportunity for a site visit Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Property Owner Stephen Hyde Appellant if different Property Address 2 Mint Springs Lane Parcel ID or Abstract 19788593604