2025_12_17 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:3B2177F4-4DF3-4FD7-AOD9-5096CO12E2CD 6ARTHMNS neighborhood. There is no reasonable basis upon which to value unimproved land as if it were improved land." • The appellant provided six comparable sales as supporting documentation. Evidence submitted by the county representative: • The subject property is a 2.45-acre vacant tract located off Arthur Minnis Road in Hillsborough. The appellant submitted six vacant land sales as supporting documentation; however, five of the six comparables are significantly larger than the subject property,resulting in a substantially lower price per acre. • County staff conducted a sales analysis of two similarly sized vacant land sales within the subject's neighborhood. Based on this analysis, staff recommends applying a-35%market adjustment to the subject tract to align its price per acre with the comparable sales. • This recommended adjustment results in a revised assessed value of$96,600 for the subject property. • GIS Map • Sales Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Count 's Proposed Value: $96,600 Made the motion Barbara Levine Seconded the motion Shannon Julian Voted For All BOER Members Voted Against Property Identification: Property Owner Craig Stenberg Appellant(if different) Property Address Lot 17, Forest Ridge Drive Parcel ID or Abstract 19881601686 Statement of Appeal: Request reduction in value based on the history of the assessments of the lot since taking ownership. Current Assessed Value $75,000 County Opinion $45,000 Time of Hearin 1:40 PM Appellant Opinion $7,500 County Representative Louise Benson- Board Decision $30,000 Lochner Evidence submitted by the appellant: • The Appellant filed a formal appeal on 6/19/2025. The Appellant included a letter outlining the history of the assessments of the lot since taking ownership. • No additional evidence(e.g.photos, comparable sales,prior documentation)were provided. Evidence submitted by the county representative: 9 Appraiser observation&recommendation: