2025_11_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:CFFAFF29-39B4-41E3-B543-CDBEE36AF789 • Based on the available data and supporting evidence, the County recommends no change to the current assessed value. • Analysis • Current Property Record Card • GIS Map • Photo Motion of the Board Accept Coun 's Proposed Value: $1,181,200 No change in value Made the motion Saru Salvi Seconded the motion Shannon Julian Voted For All BOER Members Voted Against ... Property Identification: Property Owner Tzu Ming Tsang Appellant(if different) Property Address 201 Cobble Ridge Drive I Parcel ID or Abstract 19777891331 Statement of Appeal: Request reduction in value based on comparable price per square foot. Current Assessed Value $651,900 ounty Opinion $628,600 Time of Hearin 1:38 PM Appellant Opinion $558,000 County Representative Jimmy Milliken Board Decision $628,600 Evidence submitted by the appellant: • Please refer to recent sold 103 Crofton Springs Place. Sold 12/2024, Sold price $640,000/ 2516=$254/square foot. 201 Cobble Ridge Drive has 2197 square feet. $254 x 2,197= $558,000. Evidence submitted by the county representative: • The subject property is located in NBC 7480 at 201 Cobble Ridge Drive. It was constructed in 1994 and contains approximately 2,197 square feet of living area. • The appellant submitted one comparable property,which had only minor kitchen upgrades, consisting primarily of new countertops and backsplash. • The appellant's valuation was based on a value per square-foot calculation derived from a single comparable which does not accurately represent the County's Computer-Assisted Mass Appraisal(CAMA)methodology as established in the Schedule of Values (SOV). • A comparable report was developed and reviewed, and the analysis indicates that the only adjustment warranted pertains to the effective year built. The County recommends revising the effective year built to match the actual year built(1994)to reflect the property's condition and level of maintenance more accurately. • This adjustment would result in a revised total property value of$628,600.