2025_10_21 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: E4EODF38-5118-4696-AD5B-F7C5C7741 FOF Property Identification: Property Owner Kim H.Thung Appellant(if different) Property Address 300 NC 54 Bypass Bldg D, Parcel ID or Abstract 9778267063 Unit 3 Statement of Appeal: Requests reduction in value based on condition and comparable properties. Current Assessed Value $250,300 ounty Opinion $250,300 Time of Hearin 2:27 PM Appellant Opinion $210,000 County Representative Scott Zeman Board Decision $250,300 No Change Evidence submitted by the appellant: • The house did not undergo any major renovation since its last purchase [in 2017]. The kitchen, bathroom, flooring, deck, appliances, windows, and doors are all old. The land evaluation is a bit high considering its size. • The appellant has provided a comparable analysis, interior photos, and a listing for sale of 145 Coleridge Court. Evidence submitted by the county representative: • A county appraiser performed a site visit on 10/20/2025. The appellant was not at home, but the appraiser was able to review the property from the exterior. An exterior photo was taken by the county appraiser, and interior photos were provided by the appellant. • Appraiser observations and recommendations: 1. GRADE: The residence has a grade of C+10 which is consistent with all townhomes in Fenway Park. No change to grade is recommended. 2. AGE: The residence was built in 1987 and also has an effective year built of 1987. The appellant's interior photos show dated appliances and fixtures, as well as some drywall repairs and ceiling stains. The current effective year built is indicative of these issues, and no change is recommended. 3. CONDITION: The residence is currently in Average condition for its age.No change to condition is recommended. 4. ANALYSIS OF SALES: The appellant's comparable analysis includes six qualified sales from Poplar West Townhomes, Village Square, and Canterbury Townhomes. These six sales have a median sale price per square foot of$262. The subject property is currently assessed at$241 per square foot. • There were no sales in the subject neighborhood, Fenway Park,in 2023 or 2024. The county used sales from Canterbury Townhomes in its analysis, as it is the most similar neighborhood in terms of age and quality of construction. The county's sales analysis determined a median sale price per square foot of$247,which is higher than the subject property's assessment of $241 per square foot.