2026_01_28 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:708E27F9-958E-4402-973A-844D66004572 at which time the Board will vote on a motion to rescind the initial decision, then, if passed, hear the appeal again. Property Identification: Property Owner Cyrus D. Hogue III Appellant(if different) Property Address 210 Burnside Drive Parcel ID or Abstract 9874247856 Statement of Appeal: Request reduction in value based on land use limitations and a comparable property. Current Assessed Value $199,300 ounty Opinion $199,300 Time of Hearin 2:09 PM Appellant Opinion $40,000 County Representative C le Anderson Board Decision $199,300 Evidence submitted by the appellant: • The appellant states that floodplain and zoning regulations limit the subject tract to agricultural uses. The appellant provided a nearby tract,PIN 9874340912, as an equity comparable. The appellant also submitted a GIS aerial photo and a document discussing the limitations of development for a property that's in a floodplain. Evidence submitted by the county representative: • The subject property is a 3.50-acre tract improved with a shed and located at 210 Burnside Drive in Hillsborough. County staff visited the subject property for physical verification and reviewed the appellant's supporting documentation, including the equity comparable located at 230 Burnside Drive. This comparable is significantly larger than the subject and is an exempt property owned by the Archaeological Conservancy. As an exempt parcel, it carries a land adjustment of-99%. • Staff also reviewed the subject's property record card and a sales analysis of recently sold vacant lots within the subject's neighborhood. The subject property already reflects a-90% land adjustment,which accounts for floodplain and irregular shape issues that significantly impact the utility of the tract. The comparable sales in the County's analysis exhibit similar, though less severe, constraints,which are reflected in their respective land adjustments. Comparable#1 includes a-70%adjustment,while Comparable#2 reflects a-45% adjustment. • After inspection and review, County staff recommends no change to the current assessed value of$199,300 for the subject property. • Photo of Subject • GIS Map • GIS aerial of appellant's equity comp • Archaeological Conservancy document • Sales analysis • GIS aerial comp#1 • GIS aerial comp#2 • Current Property Record Card Motion of the Board Accept County's Proposed Value: $199,300 No change in value 3