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Docusign Envelope ID:43560945-04CF-4CB1-9034-34AEEA2DCF99 <br /> Motion of the Board Accept Count 's Proposed Value: $456,600 No Change in Value <br /> Made the motion Shannon Julian <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner 100 Regent Place LLC Appellant(if different) Morgan Fowler/Ryan <br /> LLC <br /> Property Address 105 Regent Place Parcel ID or Abstract 9890307738 <br /> Statement of Appeal: Request reduction in value based on income and expense analysis. <br /> Current Assessed Value $447,200 ounty Opinion $447,200 <br /> Time of Hearin 1:23PM Appellant Opinion $245,275 <br /> County Representative Jimmy Milliken Board Decision $447,200 <br /> Evidence submitted by the appellant: <br /> • See attached income and expense analysis. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 105 Regent Place in NBC 7490. The property is a residential <br /> duplex built in 1984 and contains 2,648 square feet of living area. <br /> • The documentation submitted by the appellant suggests valuing the subject property <br /> collectively with nine other properties as an apartment property and assigning a pro-rata value <br /> to each property based on the $2,450,500 total indication of value from the income approach. <br /> However, the ten properties are all single duplexes on individual lots and have the capacity to <br /> be bought and sold separately as individual parcels. For this reason, each parcel is valued <br /> independently based on their individual property characteristics. <br /> • County staff conducted an analysis of the subject property and comparable duplex sales. Based <br /> on the findings of this analysis,the County feels the current assessed value is well supported <br /> and recommends no change to the current assessed value. <br /> • Photo of Subject <br /> • GIS Map <br /> • Analysis <br /> • Current Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $447,200 No Change in Value <br /> Made the motion Richal Vanhook <br /> Seconded the motion Shannon Julian <br /> Voted For All BOER Members <br /> Voted Against <br /> 3 <br />