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Docusign Envelope ID:A5042F46-AF25-45CO-912B-AADOE81E2977 <br /> • Neighborhood Land Sales Analysis: County staff also reviewed recent land sales in the subject <br /> property's neighborhood. The analysis includes three comparable sales, one of which sold <br /> twice. The parcel at 4018 Spring Lake Drive sold in December 2021 for$269,000, and again in <br /> July 2024 for$400,000. This increase reflects an upward trend in neighborhood land values <br /> from 2021 to 2024, consistent with broader local market appreciation. The analysis further <br /> shows that the subject property's land value aligns with these neighborhood land sales. <br /> • Review of Improved Comparable—4004 Spring Lake Drive: There was one recent improved <br /> sale in the neighborhood, 4004 Spring Lake Drive, which the appellant referenced. County <br /> staff conducted a comparative analysis between this sale and the subject property. The analysis <br /> indicates that the subject's value per square foot is in line with this comparable, which has a- <br /> 10%land adjustment for an easement and a dwelling that is eleven years older than the subject. <br /> • Recommendation: After reviewing the appeal,the supporting appraisal,the neighborhood <br /> sales, and completing the physical inspection, County staff recommends no change to the <br /> current assessed value of$1,329,000 for the subject property. <br /> • GIS Map <br /> • Land Sales Analysis <br /> • Sales Analysis <br /> • Property Record Card <br /> Motion of the Board Value Changed as Follows: $1,264,900 -25% adjustment <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 /> Pro a Owner Juan Villa Appellant if different <br /> Property Address 808 Tinkerbell Road Parcel ID or Abstract 9799613790 <br /> Statement of Appeal: Request reduction in value based on recent sale price. <br /> Current Assessed Value $444,700 County Opinion $444,700 <br /> Time of Hearin 2:39 PM Appellant Opinion $415,000 <br /> County Representative Scott Zeman Board Decision $444,700 No change in value <br /> Evidence submitted by the appellant: <br /> • The subject property sold for$415,000 on 6/26/2025. <br /> • (Appraiser's note: Juan Villa was the owner of the property when the appeal was submitted on <br /> 5/20/2025. As of 6/26/2025,the property is owned by Jennifer Villa.) <br /> Evidence submitted by the county representative: <br /> • A site visit by an appraiser was performed on 1 l/12/2025.Photos taken from the exterior are <br />