2025_12_09 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 167B6114-F2FE-40FE-B240-9F96B7861224 Property Owner Melissa Cramer Appellant(if different) Property Address 1108 Willow Drive Parcel ID or Abstract 19799420864 Statement of Appeal: Request a reduction in value based on land valuation, flood zone/insurance-cost, and condition of home. Current Assessed Value $469,000 ounty Opinion 1 $351,500 Time of Hearin 3:27PM Appellant Opinion $330,000 County Representative Scott Zeman Board Decision $351,500 Evidence submitted by the appellant: • Land valuation: The property is located in a FEMA-designated high-risk flood zone. • Flood Insurance Costs and Damages: Flood insurance costs of$2,421 per year and over $11,000 in flood-related repairs this past year. • Market Penalty for Flood Risk: Homes in high-risk flood zones typically sell for 5%to 15% less than comparable properties outside such zones • Required Capital Improvements-To bring the home to a marketable condition, the following major updates are necessary: o New roof: $20,000—$30,000 o New HVAC system: $15,000 o Updated kitchen: $30,000—$50,000 Evidence submitted by the county representative: • The subject property is a 2,131-square foot single family residence on 0.59 acres in the Briarcliff neighborhood. The property was significantly affected by Tropical Depression Chantal in July of 2025. • A site visit by an appraiser was performed on 12/3/2025 The appellant was at home and allowed access to the property's exterior for photographs and a review of physical characteristics. • Appraiser observations and recommendations: 1. GRADE: The residence has a grade of C+10.No change to grade is recommended. 2. AGE: The residence was built in 1966 and currently has an effective year built of 1991. No change to effective year built is recommended. 3. CONDITION: The property was flooding during Tropical Depression Chantal with floodwaters reaching the bottom of the rear porch. Since the flooding occurred after January 1, 2025,no change to condition can be supported for 2025. However, the condition can be adjusted for 2026 if necessary. 4. LAND VALUE: A-50%adjustment should be applied to the land value to account for the flood zone. The land value would be reduced to $150,000 from the base lot price of$300,000. 5. ECONOMIC DEPRECIATION: A -20%Economic deprecation factor should be applied to the building value to account for flood insurance costs. • With these changes,the county recommends the subject property's value be revised to $351,500. • Photos of subject • Appellant letter to the board • Invoice for crawl space repair • Flood insurance documentation