2026_01_21 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:79E62A5D-CE8F-4443-A1 14-1 OC75F9BOB71 Property Identification: Property Owner Michael P. Yoquelet =AppeRant(if different) Property Address 1540 North Nash Street I Parcel ID or Abstract 19864791366 Statement of Appeal: Request reduction in value based on comparables and incorrect data. Current Assessed Value $643,300 ounty Opinion $643,300 Time of Hearin 1:05 PM Appellant Opinion $620,000 County Representative C le Anderson Board Decision $633,000 Evidence submitted by the appellant: • The appellant states: "The size of the house was measured by a licensed real estate professional and comes in as a 1925 sf(35x55 rectangle)house with a 400-sf basement. Property sales data for houses in my area with a .3-acre lot, 1925 sf and no garage would likely not sell for over$610,000. A clear comparison of valuation to our house is the house next door to us at 538 N Nash St. This house has 3,000 sf(1,000 sf MORE than ours). It has a larger lot, a fully finished 2-car garage(we have no garage), and it was built by the same builder as ours and was built in 2022 (3 years newer than our house.)Please note that our house does not have a carport or any outbuildings. Therefore,because of the square footage mistake and the clear disparity in valuation compared to our best comparative valuation(538 N Nash)we are requesting a reconsideration of our valuation.Note: The sketch of the house shows 35 sf wide and 55 sf long. If you add in the 400-sf basement you get 2325 sf. The GIS sketch and the listing for the house showed 2538. It appears that someone may have inverted the numbers,meaning to write 2358 and instead it came out as 2528?Again,the total sf on your website is 2528. Please view the property sketch. That shows dimensions of 55 and 35, or 1925 sf. In any event,using 2538 is meaningfully over the size of the house. Thank you for your consideration." Evidence submitted by the county representative: • The subject property is a 0.29-acre tract improved with a 2,528 square foot single-family dwelling located at 540 N.Nash Street in Hillsborough. The appellant states that the basement square footage is overstated based on a sketch reportedly completed by a licensed realtor; however, no sketch was submitted with this appeal. The appellant also provided an equity comparable located at 538 N. Nash Street. • County staff reviewed the appellant's equity comparable and determined that its lower value per square foot($157.30) is attributable to its significantly lower grade (B-10). Additionally, the comparable is a much larger multi-story dwelling with a basement,whereas the subject property is a one-story home with a basement. • Staff also reviewed a sales analysis of recently sold comparable properties within the subject's neighborhood. This analysis, which includes the 2024 sale of the subject property,indicates that the subject's price per square foot is consistent with recent market activity. Therefore, staff recommends no change to the current assessment of$643,300. • Photo of Subject • GIS Map • Photo of Subject Sale • Current Property Record Card • Sales Analysis 2