2026_01_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:37E611B7-2926-4D7A-98E1-C7491350A535 Statement of Appeal: Request reduction in value based on the assessed value of comparable sales. Current Assessed Value $1,188,400 County Opinion $1,170,600 Time of Hearin 9:00 AM Appellant Opinion $1,013,013 County Representative Jimmy Milliken Board Decision $1,051,000 Evidence submitted by the appellant: • Our appeal is based on the assessed value of comparable homes on Graylyn Drive as well as homes in our neighborhood(as defined by Orange County(Neighborhood 7582-7SoVillage2)) that have sold since the last revaluation in 2021. Evidence submitted by the county representative: • Subject Property Overview: The subject property is located at 119 Graylyn Drive in NBC 7582. The dwelling was built in 2000 and contains 3,270 square feet of living area. • County Review: County staff reviewed the documentation submitted by the appellant. In Table #1, 114 Graylyn Drive is slightly larger than the subject and therefore carries a lower value per square foot, while 604 Aberdeen Drive is slightly smaller than the subject and reflects a higher value per square foot. This pattern is consistent with market behavior, as larger dwellings typically sell at a lower price per square foot than smaller dwellings. • In Table#2,properties located at 102, 115, and 117 Graylyn Drive do not have building permits on file in the County's system;therefore, adjustments to these properties cannot be supported without documented justification. Properties at 16, 121,and 125 Graylyn Drive do have permits on file and reflect adjustments. County staff notes that effective year built adjustments are opinions of the appraiser and may differ from County conclusions. • Conclusion: County staff recommends reducing the subject's effective year built to the actual year built of 2000, as there is no evidence of substantial renovations to the subject property. A sales and equity analysis was conducted using comparable properties within the subject's neighborhood. The results of this analysis indicate that no additional adjustments are warranted, as the revised characteristics and valuation are consistent with neighborhood market trends. • Recommendation: With the effective year built correction applied, County staff recommends a revised assessed value of$1,170,600. • Photo of Subject • GIS Map • Analysis • Current Property Record Card • Proposed Property Record Card • Maps Motion of the Board Value Changed as Follows: $1,051,000 (based on price per square foot of comparables & remediation cost Made the motion Barbara Levine Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against 2