2025_11_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:67ADOF44-02C2-4953-B595-13B4C7134235 Statement of Appeal: Request reduction in value based on price per square foot of comparable property and a property currently on market. Current Assessed Value $1,993,600 County Opinion $1,993,600 Time of Hearin 9:45 AM Appellant Opinion $1,910,800 County Representative Louise Benson- Board Decision $1,993,600 No change in value Lochner Evidence submitted by the appellant: • The appellant filed a formal appeal on July 11, 2025. The appellant's basis for reduction is: 1. Comparison value of price per square foot with comparable located at 475 Martin Madden Way. 2. Current property on the market • No additional evidence(e.g., photos, repair bids, fee appraisal)were provided. Evidence submitted by the county representative: • The Comper report attached includes the only sale in NBC 7985 during the 4-year qualification time period and is the appellant's sole evidence. The comparable was built one year prior to the subject which affects the depreciation percentage and therefore the value per square foot. Additionally open porches vs decks vs screen porches affect the square foot values as do number of fireplaces and bathrooms. The remaining cost factors were applied equitably per the approved County Schedule of Values to determine the value per square foot. • Homes currently on the market are not evidence of the market value as of 1/l/2025. • Due to a lack of further evidence provided by the Appellant,the County recommends no change in the current assessed value of$1,993,600. 1. Current Property Record Card 2. Proposed Property Record Card 3. Photo of Improvement 4. Maps -Location&GIS 5. Com er for NBC 7985,Appellant evidence Motion of the Board Accept Coun 's Proposed Value: $1,993,600 No change in value Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Property Identification: Property Owner James W. C.Pendergraft Appellant(if different) Trust