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Docusign Envelope ID:6A24285A-81 BA-45BO-BD68-Cl1 D7E41 E41F0 <br /> • The home is in fair condition and carries an additional 20%depreciation to reflect its age and <br /> physical state. The land is lot-valued, determined through vacant land sales and the extraction <br /> method. The construction grade has been verified as accurate. <br /> • A valuation model was developed using a base land value,which was then applied to <br /> neighborhood sales and adjusted as necessary to achieve a consistent median ratio across the <br /> neighborhood. Where lot size variations demonstrated measurable positive or negative impacts <br /> on sales prices, corresponding lot value adjustments were applied to maintain equity and <br /> uniformity. <br /> • An analysis of similar-sized homes within NBC 7445 was completed, and the results indicate <br /> that the subject property's current assessed value remains accurate and supported by market <br /> data. <br /> • Based on this review and analysis,the County recommends no change to the current valuation. <br /> • Analysis <br /> • Current Property Record Card <br /> • Maps <br /> • Aerial Photo <br /> Motion of the Board Value Changed as Follows: $464,800 <br /> Made the motion Leon Meyers <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner I Akram Khaksari A ellant if different <br /> Property Address 1115 N Estes Drive I Parcel ID or Abstract 19789839303 <br /> Statement of Appeal: Request a reduction in value based on a comparable sale. <br /> Current Assessed Value $400,000 ounty Opinion $400,000 <br /> Time of Hearin 3:54PM Appellant Opinion $250,000 <br /> County Representative Bill Hiltbold Board Decision $385,000 <br /> Evidence submitted by the appellant: <br /> • This is just vacant land and there is no house on it. The next door house just sold a few months <br /> back for$550,000(House+land). How can my land be worth$400,000? <br /> Evidence submitted by the county representative: <br /> • An adjoining property to the east of the subject and sharing a driveway has a land value of <br /> $400,000 and total assessed value of$569,700. It sold for$555,000 in April of 2025 and while <br /> this sale cannot be considered in the 2025 revaluation, it implies the $400,000 land value <br /> reasonable for the subject. <br /> • The county recommends no change in value. <br /> • Photo of Subject <br /> • GIS Ma <br />