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Docusign Envelope ID:A5042F46-AF25-45CO-912B-AADOE81E2977 <br /> 1. GRADE: The residence has a grade of C+05.No change to grade is recommended. <br /> 2. AGE: The residence was built in 2000 and has an effective year built of 2005. The private <br /> appraisal provided by the appellant indicates the property has been updated with a remodeled <br /> bathroom, LVP flooring, and newer kitchen appliances.No change to effective year built is <br /> recommended. <br /> 3. CONDITION: The residence is currently in Average condition.No change to condition is <br /> recommended. <br /> 4. YARD ITEMS: The county recommends changing the classification of the Garage <br /> outbuilding to a Carport. The value of the structure would be reduced from$18,600 to$14,700. <br /> 5. LAND VALUE: The county recommends adding a-10%adjustment to the land value to <br /> account for the neighboring properties on Gray Road. These properties tend to be older <br /> manufactured homes in poor condition and detract from the value of the subject property. The <br /> land value would be reduced from $370,800 to$303,400. <br /> 6. PRIVATE APPRAISAL: The private appraisal submitted by the appellant is effective <br /> 1/10/2022 and is based on comparable sales which occurred in 2021. These sales are not recent <br /> enough to justify the subject property's value as of 1/1/2025. <br /> 7. COUNTY SALES ANALYSIS: The county's analysis of four comparable 2024 sales <br /> indicate a median sale price of$292 per finished square foot.After applying the recommended <br /> changes above, the subject property would be assessed at$290 per finished square foot. <br /> • With these changes,the county recommends a value of$566,800 for the subject property. <br /> 1. Overhead and exterior photos <br /> 2. Appraisal by Wayne Ross Appraisals <br /> 3. County sales analysis <br /> 4. Current property record card <br /> 5. Proposed property record card <br /> Motion of the Board Accept County's Proposed Value: $566,800(rather than adjust land or <br /> improvements, achieve this value via <br /> override <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 David M. Patterson Appellant if different <br /> Property Address 5307 Pine Cone Lane Parcel ID or Abstract 9892609143 <br /> Statement of Appeal: Request reduction in value based on condition of house and deferred maintenance. <br />