2025_12_09 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 167B6114-F2FE-40FE-B240-9F96B7861224 Current Assessed Value $674,000 County Opinion $497,700 Time of Hearin 4:09PM Appellant Opinion $488,500 County Representative Scott Zeman Board Decision $497,700 Evidence submitted by the appellant: • Third-party appraisal to establish value backdated to 12/31/2024. Evidence submitted by the county representative: • The subject property is a 1-bedroom, 1.5-bathroom barn dominium-style residence located on 16 acres. It is 882 square feet of living space over a 2,107-square-foot unheated workshop/garage. • A county appraiser performed a site visit on 12/3/2025. The appellant was at home and allowed access to the exterior of the property for photos and verification of property 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 2015 and has an effective year built of 2015.No change to effective year built is recommended. 3. CONDITION: The residence is currently in Average condition.No change to condition is recommended. 4. YARD ITEMS: The current property record indicates a 12'x16' storage building which was not observed on the property during the site review. The structure should be removed, lowering the property value by$4,900. 5. LAND VALUE: Based on the third-party appraisal and county sales analysis below, a- 30%land value adjustment should be applied for topography. This would reduce the land value by$171,400. 6. SALES ANALYSIS AND THIRD-PARTY APPRAISAL: The third-party appraisal values the subject property at$488,500. The appraisal was completed on 9/18/2025 and retroactively dated to 12/31/2024.All comps used in the appraisal are qualified sales occurring in 2024. • The county performed an analysis of four sales of improved properties. The sales had a median price per square foot of$389. The county's proposal would set the value of the subject property at$564 per square foot. It should be noted that the comps are traditional residences with larger square footages than the subject. There is a lack of recent sales data for barn dominium-style residences with similar square footage and land sizes to the subject property. • The county also performed a land value analysis of recent vacant land sales. Four nearby properties sold at a median price per acre of$31,550. The county's proposal would set the subject's land value at $399,800, or$24,988 per acre. • The county recommends a value of$497,700 for the subject property. This value can be considered as a compromise between the price per square foot analysis and the price per acre analysis. • Photos of Subject • County improved property analysis • County unimproved property analysis • Third-party appraisal • Current Property Record Card • Proposed Property Record Card