2025_12_10 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:84157092-C2DE-402A-AE92-3A9DOF65AA54 Motion of the Board Value Changed as Follows: $244,600 Made the motion Leon Meyers Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against ... Property Identification: Property Owner Jerrica Long Melvin Appellant(if different) Property Address 121 Rencher Street Parcel ID or Abstract 19865927142 Statement of Appeal: Request reduction in value based on condition, standing water, and comparable sales. Current Assessed Value $266,400 County Opinion $234,400 Time of Hearin 5:07 PM Appellant Opinion $169,940 County Representative C le Anderson Board Decision $222,200 Evidence submitted by the appellant: • The appellant states that the dwelling is in need of numerous repairs. The appellant also states that the water stands in the yard any time it rains. The appellant provided 201 Rencher Street and 217 Holman Drive as comparable sales. Evidence submitted by the county representative: • Subject Property: The subject property is a 0.32-acre lot improved with a 1,600-square-foot single-family dwelling located at 121 Rencher Street in Hillsborough. County staff conducted a site visit for physical verification and photographs. Staff also reviewed the appellant's appeal materials and supporting documentation. • Appellant's Statement: The appellant states that the dwelling has general condition issues and requires extensive repairs. However, no photographs or cost-to-cure estimates were provided to support these claims. The appellant submitted two comparable sales: 217 Holman Drive and 201 Rencher Street. The sale at 217 Holman Drive (November 2023)was unqualified and therefore could not be considered. The sale at 201 Rencher Street(January 2021, $115,000)is located within a commercial neighborhood(HO12) and represents a former barber shop converted to residential use. • County Review: County staff conducted a sales analysis of comparable properties recently sold along Rencher Street. 0 107 Rencher Street: Recently renovated. 0 122 Rencher Street: Completely renovated. 0 200 Rencher Street: Smaller than the subject and not fully renovated. • Conclusion: After review, the County recommends reducing the subject's quality grade from C+5 to C and adjusting the effective year built from 2009 to its actual year built of 1999 to better reflect its current condition. The County also proposes adding a-15% adjustment to the subject's lot to account for poor drainage. These proposed changes would result in a revised assessed value of$234,400 for the subject property. • Sales Analysis • Photo of Subject