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Docusign Envelope ID: D8F1F6B3-4E5C-46D1-9276-28B887499D7C <br /> • The appellant contends that the home is dated on the interior and lacks modern updates. In <br /> addition,the appellant reports that drainage issues on the property are contributing to <br /> foundation problems, adversely affecting the property's condition and overall value.No <br /> supporting documentation or cost-to-cure estimates were provided with this appeal. <br /> • County staff conducted an on-site inspection of the property to verify its condition and obtain <br /> photos. A sales analysis of recently sold comparable properties within the subject's <br /> neighborhood was also performed. <br /> • Upon review of the comparable sales, staff determined that the subject's price per square foot is <br /> notably lower than nearby comparables, which is consistent with the property's dated interior <br /> and lack of updates. <br /> • Based on the inspection and market analysis, County staff recommends the following <br /> adjustments to reflect the subject property's condition and site limitations more accurately: <br /> - Reduce the effective year built from 1999 to 1974 to account for the property's dated interior. <br /> - Apply a-20%land adjustment to account for drainage issues affecting the site and <br /> contributing to potential foundation issues. <br /> • These proposed adjustments would result in a revised assessed value of$194,300 for the <br /> subject property. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Analysis Report <br /> Motion of the Board Accept Coun 's Proposed Value: $180,400 <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 Ala ati Srinath Trustee Appellant if different) <br /> Property Address 3550 Just A Mere Farm Parcel ID or Abstract 9857603461 <br /> Road <br /> Statement of Appeal: Request reduction in value based on 2023 purchase price and market behavior <br /> since. <br /> Current Assessed Value $1,114,600 ounty Opinion $1,094,800 <br /> Time of Hearin 3:15 PM Appellant Opinion $900,000 <br /> County Representative C le Anderson Board Decision $1,075,000 <br /> Evidence submitted by the appellant: <br /> 9 The appellant states: <br />