2026_01_29 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: BOF983D6-EAD9-4D5D-A13A-EE8461FA1918 • The appellant provided an income analysis as supporting documentation. Evidence submitted by the county representative: • The subject property is a 0.23-acre tract improved with a 1,008 square foot single-family dwelling located at 616 Wildaro Court in Hillsborough. The appellant submitted an income analysis as supporting documentation. • County staff reviewed a sales analysis of recently sold properties within the subject's neighborhood. These properties exhibit significantly higher price-per-square-foot values than the subject property. Based on this analysis, County staff recommends no change to the subject property's current assessed value of$200,800. • Photo of Subject • GIS Map • Sales Analysis • Current Property Record Card Motion of the Board Accept Coun 's Proposed Value: $200,800 No change in value Made the motion Richal Vanhook Seconded the motion Shannon Julian Voted For All BOER Members Voted Against Property Identification: Property Owner BSFR I Owner I LP Appellant(if different) Judson Bracewell/ Ryan LLC (Presented by Mason Schuster Property Address 812 Terrace View Drive Parcel ID or Abstract 9769108953 Statement of Appeal: Request reduction in value based on a Gross Rent Multiplier(GRM)Analysis. Current Assessed Value $297,900 ounty Opinion $308,600 Time of Hearin 2:46 PM Appellant Opinion $296,400 County Representative Bill Hiltbold Board Decision $308,600 Evidence submitted by the appellant: • The appellant is basing their opinion of value on a Gross Rent Multiplier(GRM)Analysis in which the appellant is utilizing$1,950 as market rent and a GRM of 152 for a value of $296,400(1,950 x 152). Evidence submitted by the county representative: • The subject is a 3 bedroom, 1.5 bath, 1,148 square foot single-family residence that sold previously in July 2021 for$303,000. 13