2025_10_15 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:360B6188-lA59-4lB3-B839-FE17A47C9C50 Evidence submitted by the county representative: • The subject is a 1,251 square foot,two-bedroom, 2 bath unit in the Rosemary Village Condominiums project. The subject is a rental unit and per the appellant's prior 2025 informal appeal derived rental income of$21,700($1,808.33 average per month) in 2024. • Based on the appellant's submitted documentation,the County recommends reducing the effective year built to 2005 to match the actual year built,change the condition from Average to Fair, and apply an additional 10%physical depreciation for deferred maintenance issues. • These recommended adjustments would reduce the valuation of the subject to$395,200. • While no sales or equity analyses were performed for this appeal,the County has included qualified sales in the subject neighborhood from 2021-2024 that illustrates the proposed valuation is well below sales prices of similar sized units. • Photograph of Rosemary Village Condos • Location Map of Subject • Current Property Record Card of Subject • Proposed Property Record Card of Subject • Sales in Rosemary Village 2021-2024 Motion of the Board Accept Count 's Proposed Value: $395,200 Made the motion Richal Vanhook Seconded the motion Shannon Julian Voted For All BOER Members Voted Against ... Property Identification: Property Owner Howard Kashefsky Appellant(if different) Property Address 400 W. Rosemary Street, Parcel ID or Abstract 9788164814.017 Unit 203 Statement of Appeal: Request a reduction in value based on the condition of the home. Current Assessed Value $472,000 ounty Opinion $395,200 Time of Hearin 3:43PM Appellant Opinion $354,000 County Representative Roger Gunn Board Decision $395,200 Evidence submitted by the appellant: • The appellant is requesting a reduction in value due to the units being in poor condition with the need for complete remodeling at a cost of$92,845. The appellant submitted April 2025 estimated cost for replacement of a water heater, installation of hardwood flooring,kitchen renovation, carpet installation, interior painting,replacement of appliances, replacement of washer and dryer, and bathrooms renovation. The appellant also supplied photographs to illustrate the current maintenance issues and condition of components. Evidence submitted by the county representative: