2025_11_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:CFFAFF29-39B4-41E3-B543-CDBEE36AF789 Evidence submitted by the county representative: • The subject property is a 9.58-acre tract located at 2008 Crossroads Church Cemetery Road in Hillsborough. The appellant states that the parcel is completely wooded and lacks a well,perc site, and driveway. The appellant also notes that the property is encumbered by a power line easement and its associated buffer area. As supporting documentation,the appellant submitted the sale of an adjoining parcel,PIN 9862180768. • County staff reviewed the appellant's appeal as well as the subject's property record card. The comparable provided,PIN 9862180768,was recently subdivided into a smaller tract. Prior to the split,the parent parcel(PIN 9862089883)consisted of 28.34 acres and sold on January 24, 2023, for$320,000. After the subdivision,the comparable tract was reduced to 20.58 acres, and its 2025 assessed value is $369,200. • County staff performed a sales analysis using the appellant's comparable,which was also the only land sale in the subject neighborhood. The comparable's price per acre was calculated at $11,291, compared to the subject's assessed price per acre of$24,457. The comparable is significantly larger than the subject,resulting in a lower price per acre. Additionally,the comparable has significantly reduced utility due to its lack of road frontage, irregular shape, the power line easement running through the center of the property(with buffer requirements on both sides), and the presence of a stream. • After review, County staff recommends adjusting the subject property's land adjustment from - 20%(Power Line Easement)to -30%(Market), applying an additional 10%reduction to account for the power line easement, associated buffer, and the irregular shape of the parcel. This recommended change would reduce the subject property's assessed value from$267,800 to $234,300. • GIS Map • Sales Analysis • GIS Map of Comparable Sale • Comparable Sale MLS Information Motion of the Board Accept Coun 's Proposed Value: $234,300 Made the motion Saru Salvi Seconded the motion Shannon Julian Voted For All BOER Members Voted Against Property Identification: Property Owner Russell C. Briggs Appellant if different Property Address 1212 Brookhollow Road Parcel ID or Abstract 19855046255 Statement of Appeal: Request reduction in value based on insurance documents, comparable land value, and unavailability of fiber optic internet service.