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Docusign Envelope ID: F69F6FC6-EFB7-4BA4-AC17-3EC64A01A42C <br /> working. Adjusting the grade from A+20 to A-10 and adding 2%functional obsolescence for <br /> fireplace issues would create a revised value of$952,100,which is within 3%of the subject's <br /> January 2025 sales price. <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Property Photo <br /> Motion of the Board Accept Coun 's Proposed Value: $952,100 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner Blanche R. Curry Appellant(if different) George H. Draper IV <br /> Trustee <br /> Property Address 20 Mafolie Court Parcel ID or Abstract 9880578234 <br /> Statement of Appeal: Request reduction in value based on 1/15/2025 purchase price. <br /> Current Assessed Value $434,900 County Opinion $341,700 <br /> Time of Hearin 2:35 PM Appellant Opinion $320,000 <br /> County Representative Louise Benson- Board Decision $341,700 <br /> Lochner <br /> Evidence submitted by the appellant: <br /> • The appellant filed a formal appeal on 7/22/2025. <br /> • The appellant requested a reduced assessed value due to purchase of subject on 1/15/2025 for <br /> $320,000. <br /> Evidence submitted by the county representative: <br /> • The subject is a vacant parcel with 7.28 acres in NBC 7980. <br /> • It is recommended to apply a-45%Market factor on the property due to: <br /> 1. Power line easement <br /> 2. Limited frontage on Mafolie Court <br /> 3. Road noise from Interstate Hwy 40 <br /> • This reduction is substantiated by signed contract for purchase in December 2024 for <br /> $320,000, closing occurred on 1/15/2025. Even though it is an adjoining property to the <br /> appellants residence,purchase agreement appears to be close to arms-length, substantiated by <br /> time on market per the MLS information. <br />