2025_10_01 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 1988044D-EFA2-4BA7-A826-E678FCDE331A Property Identification: Property Owner Andrew Sklerov Appellant(if different) Property Address 431 Martin Madden Way Parcel ID or Abstract 19891700667 Statement of Appeal: Request a reduction in value based on comparable sales. Current Assessed Value $2,553,100 ounty Opinion $2,553,100 Time of Hearin 2:28PM Appellant Opinion $1,900,000 County Representative Jimmy Milliken Board Decision $2,353,800 Evidence submitted by the appellant: • 475 Martin Madden Way sold for just over$1,700,000 and is on same street as us and 5040 Shakori Trail also in my community is around$2,000,000 listing and double the acres of our property and has been sitting for 90 days and no interest and will ultimately sell for under $1,900,000 for a similar size home and twice the land-the homes are not selling for over $2,000,000 in my neighborhood-furthermore the 600 sq ft on slab you see recently added to our property is just storage and not habitable living space and has no real value for sale -there is no way we could ever sell our home for over$2,000,000 and you can see the only sale in our neighborhood for example and the current listed home that is having trouble selling. Evidence submitted by the county representative: • The subject property is located at 431 Martin Madden Way, was built in 2019, and contains 7,372 square feet. In 2023 a new construction permit was issued for the following:Accessory Building-25'x25' detached wine cave with kitchen&half bath, separate 200 amp meter and installing 14 kw generator. **4/3/2023. This addition is air conditioned and connected to the main house by an open porch. Also in 2023, a permit was issued to finish the unfinished walk- up attic and for adding a half bath. All changes increased the finished living area from 6,050 square feet to the current 7,372 square feet. • I created an analysis to illustrate equity in the neighborhood along with the one sale in 2024. Based on the analysis,the County recommends no change in value. • Analysis • Current Property Record Card • Sale/Comp Map • Photo of Subject Motion of the Board Value Changed as Follows: Add a 10% functional obsolescence on the building resulting in a revised value of$2,353,800 Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against ...