2025_09_24 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:605B9F76-COF1-43C7-9DA8-9C1F27ED9055 • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Coun 's Proposed Value: $312,300 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against ... Property Identification: Property Owner John Marshall Silva Appellant(if different) Property Address 7205 Thunder Mountain Parcel ID or Abstract 9831509704 Road. Statement of Appeal: Request a reduction in value based on a comparable sale and the condition of the home. Current Assessed Value $822,000 County Opinion $730,400 Time of Hearin 1:20 PM Appellant Opinion $600,000 County Representative Kelly Wells Board Decision $730,400 Evidence submitted by the appellant: • Comparable sale: Pending sale in Efland • Condition/Maintenance: Faulty heating system,very costly to repair and lack of upgrades. Evidence submitted by the county representative: • The subject property is a 3,914 square foot single family home with 3 bedrooms,2 full and 2 half baths built in 1994 on 11.03 acres of land in Efland. • The effective year built was reduced from 2004 to 1999 to due to no upgrades. • Due to the faulty heating system and crack in the 24 ft ceiling,the County recommends adding a design factor of.90 that can be removed if and when these issues are resolved. The County also recommends increasing the depreciation by 5% (changing functional/partial to special/design)from 5%to 10%to account for the marketability of the house due to its unique design. These changes would result in a reduction in the building value from$621,400 to $529,800(-$91,600)and the total valuation from$822,000 to$730,400. • Photo of Subject • GIS Map • Sales Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Coun 's Proposed Value: $730,400 Made the motion Saru Salvi Seconded the motion Richal Vanhook