2025_12_16 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 117A6550-B7C8-4C77-A70C-OA4FC234B28B Current Assessed Value $321,800 County Opinion $248,900 Time of Hearin 1:50 PM Appellant Opinion $207,000 County Representative Dana Hall Board Decision $248,900 Evidence submitted by the appellant: • The properties listed in the comparable have much later effective construction year and are in better condition(C+compared to my C-). Thus,the valuation should adjust it downward to account for this. • According to your property records, there are 68 properties in the Crestwood/Davie Road neighborhood with"Improved" and"Single Family" Designation. Of which, 55 (including mine) of them received a land valuation of exactly$210,000 despite land area ranging from 0.15 to 0.45 acres (effectively $488,000 to$1,400,000 per acre). This is an implausible valuation and unfair. Furthermore, given the neighborhood context(such as proximity to disamenities such as vacant and condemned properties), at best the valuation of the land for my property should be, around the first quartile of the neighborhood per acre land valuation ($164,000) • Comparable sales data attached to this appeal suggests that per sqft sale price of properties is on average $233.5. This suggests that fair market value for my property is around$203,000. Furthermore, the average price per acre of lot is around$1,006,646.107, suggesting that the market value of this property should be$201,000 based on these com arables. Evidence submitted by the county representative: • On November 20, a site visit was conducted by an appraiser as part of the formal appeal. A neighborhood review recommendation was completed by Tanner Valuation Group,resulting in a reduction of the land value to $134,500 per lot/unit. • The appellant's comparables included in the report are either not qualified(201 Gary Road)or are not located within the same neighborhood.A comparable report provided in the County's evidence identifies one qualified sale(201 Alabama Ave)within the subject's neighborhood, as well as additional qualified sales within two miles of the subject property. • Based on the comparable report of qualified sales and the recent adjustment to land value from the neighborhood review, the County does not recommend any additional changes to the land or building value. However, the property review identified a storage building that was not listed on the property record card. The County recommends adding the storage building to the property record and increasing the special feature yard item value by$2,600. • The County recommends a revised value of$248,900. • Comparable Report • Sales Analysis 7200 • Current Property Record Card • Proposed Property Record Card • GIS Map • Photos of Subject Motion of the Board Accept Coun 's Proposed Value: $248,900 Made the motion Richal Vanhook Seconded the motion Saru Salvi Voted For All BOER Members Voted Against