2025_09_24 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:605B9F76-COF1-43C7-9DA8-9C1F27ED9055 Evidence submitted by the appellant: • The condition remains largely unchanged since the purchase in December of 2020. Aging HVAC, original plumbing, outdated windows and insulation.Wear on siding,porch and deferred maintenance on interior and appliances. Evidence submitted by the county representative: • The subject property is located at 604 South Columbia Street,was built in 1922, contains 3,571 square feet, and has a fully equipped studio apartment over the detached 2 car garage (314 square feet). • During the informal appeal process the property was adjusted for grade, effective age (construction&condition)and the land was adjusted for the shared driveway. The original revaluation value was$1,140,500. A note from the 2021 BOER hearing states a new HVAC was added after the sale. • An analysis has been created to display equity along with sales. Based on this data,the property aligns with NBC 7160 sales and assessed values and no change is recommended. • Analysis • Current Property Record Card • Photos of Subject Motion of the Board Accept Coun 's Proposed Value: $1,049,900 No Change in Value Made the motion Richal Vanhook Seconded the motion Saru Salvi Voted For All BOER Members Voted Against ... Property Identification: Property Owner Adam R. Standley Appellant if different Property Address 315 Edgewater Circle Parcel ID or Abstract 19787073419 Statement of Appeal: Request a reduction in value based on the purchase price of the property. Current Assessed Value $796,600 County Opinion $796,600 Time of Hearin 1:31 PM Appellant Opinion $700,000 County Representative Jimmy Milliken Board Decision $796,600 Evidence submitted by the appellant: • The appellant is requesting a reduction in value based on its purchase price and reasonable growth in value. No support for the appellant's estimate of value was submitted. Evidence submitted by the county representative: • The subject property is located at 315 Edgewater Circle,was built in 1997,and contains 2,819 square feet. The property was purchased in 2020 for$600,000. • After creating a sales and equity analysis,both illustrate the value is equitable with the neighborhood properties. The County recommends no change in the current valuation. • Sales Analysis