2026_01_29 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:3BEA2D13-5F9D-4EE1-9549-E5628BECF69D Evidence submitted by the appellant: • The appellant submitted a spreadsheet of recent sales as supporting documentation and stated that Redfin estimated the subject property's value at$656,900 as of January 1, 2025. Evidence submitted by the county representative: • The subject property is a 2.44-acre tract improved with two single-family dwellings: a 2,036- square-foot dwelling on card one and a 1,1 16-square-foot dwelling on card two, located at 3616 and 3618 Alex Drive in Hillsborough. • County staff reviewed the appellant's spreadsheet,which includes three recently sold comparable properties located within the subject's neighborhood. These sales were reviewed as part of the County's sales analysis. The appellant also submitted three additional comparable sales that are not located within the subject's neighborhood. These three comparables are each from different neighborhoods, all of which have lower base rates than the subject's neighborhood based on AC-9 pricing. Additionally,two of the three sales were unqualified. The remaining comparable, 3102 Caleb Court,is a one-acre tract improved with a 1,372- square-foot single-family dwelling and is not comparable to the larger house and acreage associated with the subject property. As a result,these three sales were not considered in the County's review. • County staff analyzed the appellant's three comparable sales located within the subject's neighborhood. For the purpose of this analysis,the second dwelling listed on the subject's property record card was excluded. This analysis shows that the subject property's value per acre is in line with the comparable sales. Additionally,the subject property's value per square foot—using only the dwelling on card one—is consistent with that of the comparable sales. • It should be noted that in the appellant's analysis,the stated building value of$450,700 includes the assessed values of both single-family dwellings. The livable square footage of the dwelling on card one is 2,036 square feet, as noted on the appellant's spreadsheet,while the dwelling on card two contains 1,116 square feet of livable area. It should also be noted that the appellant's stated land value of$263,500 was reduced to $238,000 following an informal appeal earlier in 2025. • Based on the above analysis, County staff recommends no change to the subject property's current assessed value of$703,800. • Photo of Subject • GIS Map • Sales Analysis • Current Property Record Card Motion of the Board Accept County's Proposed Value: $703,800 No change in value Made the motion Shannon Julian Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: 4