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Docusign Envelope ID: 19787920-2EOE-4ABB-A9A3-A76DC80BD194 <br /> Property Identification: <br /> Property Owner Sharon Kay Carmen A ellant(if different) <br /> Property Address 117 Gwen Road I Parcel ID or Abstract 19875308089 <br /> Statement of Appeal: Request reduction in value based on email from a broker. <br /> Current Assessed Value $87,600 ounty Opinion $70,100 <br /> Time of Hearin 1:00 PM Appellant Opinion Not Provided <br /> County Representative C le Anderson Board Decision $70,100 <br /> Evidence submitted by the appellant: <br /> • No opinion of value was stated;however,the appellant submitted an email from a broker dated <br /> July 30, 2025, estimating the subject's value between$62,000 and $68,000 based on a recent <br /> sales analysis. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 0.91-acre vacant lot located off Gwen Road in Hillsborough. The <br /> appellant submitted an email from a broker dated July 30, 2025, estimating the subject's value <br /> between$62,000 and$68,000 based on a recent sales analysis. Three of the four comparable <br /> sales used in this analysis sold in 2025 and were therefore not considered by staff. <br /> • Staff reviewed available sales data and did not identify any vacant land sales within the <br /> subject's neighborhood. As part of its analysis, staff reviewed the appellant's 2024 comparable <br /> sale, a 0.58-acre vacant lot located off King James Street in Hillsborough. This analysis also <br /> includes a vacant lot located in Neighborhood 4320. While these lots are smaller than the <br /> subject,they are not encumbered by a large utility easement, as confirmed through review of <br /> the subject's recorded plat. <br /> • After review, staff recommends increasing the existing land adjustment from-25%to-40%to <br /> better account for the size of the utility easement and the associated setbacks. This adjustment <br /> results in a revised assessment of$70,100 for the subject property. <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Coun 's Proposed Value: $70,100 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Shannon Julian <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> rproperty Owner Michael D. West Appellant if different Adam Newton(partner) <br /> Property Address 734 Sinai Circle Parcel ID or Abstract 19857905106 <br /> 2 <br />