2026_02_11_BOER_Minutes - Laserfiche WebLink

Browse Search

Docusign Envelope ID:41A5CO43-OEBB-4B4B-BB6A-9411707F7CAF Motion of the Board Accept Count 's Proposed Value: $96,000 Made the motion Richal Vanhook Seconded the motion Shannon Julian Voted For All BOER Members Voted Against ... Property Identification: Property Owner Cecelia ConwayAppellant(if different) Property Address 5 Acres on Borland Road Parcel ID or Abstract 19852904475 Statement of Appeal: Request reduction in value based on topography and a cash offer. Current Assessed Value $240,800 ounty Opinion $192,600 Time of Hearin 1:08 PM Appellant Opinion Not provided County Representative C le Anderson Board Decision $240,800 Evidence submitted by the appellant: • The appellant states that the subject tract has steep slopes, a septic issue, and power lines across the front of the property. The appellant also states that there is no water or sewer connection. The appellant submitted an unsolicited cash offer from an investor as supporting documentation. Evidence submitted by the county representative: • The subject property is a 5-acre tract of vacant land located off Borland Road in Hillsborough. The appellant states that there are several issues affecting the usability and value of the property and provided a cash offer from an investor dated March 27, 2025,in the amount of $155,750 as supporting documentation. • County staff reviewed the appellant's claims and supporting evidence. The offer to purchase was submitted by an investor seeking to acquire land at a discounted rate and is therefore not considered to be reflective of true market value.Additionally,the offer is dated March 27, 2025, which is after the revaluation date and was not considered by staff. • County staff also reviewed a sales analysis of recently sold vacant tracts within the subject's neighborhood. Based on this analysis,the County recommends applying a—10%land adjustment to account for the presence of power lines on the property. This proposed adjustment would result in a revised assessed value of$216,700 for the subject property. • Additional PERC evidence provided by the appellant pre-hearing prompted a further-20% recommended land adjustment,revising the recommended County-recommended value to $192,600. • GIS Map • Sales analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board No Change in Assessed Value $240,800 Made the motion Leon Meyers 4