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Docusign Envelope ID:9059FA55-A276-4268-BB65-EOBFOD9AD45E <br /> • This land is for a wastewater spray field. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 1.58 acre vacant lot on Mimosa Drive located in NBC 7408 <br /> (Birchwood Lake). <br /> • Neighborhood NBC 7408 is valued using the AC-9 pricing table,which establishes a base land <br /> rate of$250,000. The subject parcel is unimproved, and its potential for development is <br /> unknown. <br /> • In accordance with County valuation practices,non-perking or non-buildable parcels—those <br /> unable to support conventional septic systems or residential improvements—receive a 75% <br /> reduction in land value to reflect limited utility and marketability. The subject property <br /> currently reflects this -75%land adjustment in its valuation. This is consistent with the <br /> adjustment the parcel received from 2021-2024 when the AC-9 pricing for this neighborhood <br /> was $200,000. <br /> • Based on the evidence and current valuation standards,the County recommends no change to <br /> the existing assessed value. <br /> • Current Property Record Card <br /> • GIS Map <br /> Motion of the Board Accept Count 's Proposed Value: $92,800 No Change in Value <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Mark Siegel Appellant(if different) <br /> Property Address 211 Cates Farm Road I Parcel ID or Abstract 19779240155 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $935,200 ounty Opinion $927,700 <br /> Time of Hearin 3:23PM Appellant Opinion $800,000 <br /> County Representative Bill Hiltbold Board Decision $855,300 <br /> Evidence submitted by the appellant: <br /> • The recent comparable home sales in the neighborhood provided by your own site do not <br /> support this valuation. Especially given the current interest rates, economic climate and the age <br /> of this house. There are many more recently built homes going up in the neighborhood which <br /> will put downward pressure on the value of our home. <br /> Evidence submitted by the county representative: <br /> • The sales analysis for neighborhood 7788 lists all 2023 and 2024 sales with the exception of <br /> 201 Rock Garden Drive,which is considered unsuitable since a power line crossing the <br />