Loading...
06-24-2025 Agenda Packet ERPerson County Board of Equalization and Review June 24, 2025-9am-13 Abbitt St Call to Order Pledge of Allegiance Adoption of minutes-June 10, 2025 Review/motion to accept items on consent agenda-Admiral Properties Review/motion to reject late filed appeals-none at this time Appeals to be heard: Time Parcel Owner Current Value Taxpayer Value 9:00 46 1 GATES, ROSALIE P 71,457 50,000 46 21 GATES, ROSALIE P 93,622 52,000 46 22 GATES, ROSALIE P 87,188 50,000 9:30 139 26 STOLTMANN, FRANK & LESLIE 1,389,749 1,153,250 9:45 A29 271 WESLEY, JAXSON BRADLEY 619,750 511,000 10:00 A29 51 WESLEY, JEFFREY SCOTT 506,036 429,327 30 43 TOTAL FITNESS XTREME, INC 602,305 567,566 30 40 WESLEY, JEFFREY SCOTT & ASHLEY 193,093 177,013 10:30 5 5 WESLEY, TONY & BRADLEY 291,128 252,763 A29 202 WESLEY, BRADLEY & JAMIE 503,655 450,000 10:45 A29 222 WESLEY, TONY & NELLIE 912,513 740,050 A29 50 WESLEY, TONY & NELLIE 24,211 11,500 Next meeting scheduled for July 1, 2025 at 9:00am. Be sure to park in the Merritt Commons parking lot for all meetings, since this lot is the only location that allows all day parking. 4 Appeal Time/Date Parcel 139 26 Owner STOLTMANN, FRANK & LESLIE Description 71.53 ACRE/HOUSE Value under Appeal: 1,389,749 Taxpayers opinion of Value: 1,153,250 Taxpayer States: Current structure value of $1,086,499 is too high. Structure should be at $850,000. Tax OƯice States: Land consistent with area(12B). Adjustment in place for rear tract. Appeal addresses home value. House, built in 2023, 4,259 heated sq ft, with unfinished basement(2,529 sq ft). Valued at $255.11 per ft. Limited comparables based on new construction and size, unless you look at Hyco properties. Comp 1-A76 185-sold for $1,250,000 on 11/19/2024-804 Crabtree Glenn Rd. Slightly older, built 2020. Smaller at 4,100, with 1,012 sq ft of heated sq ft in basement(less desirable). No garage. Valued at $221.04 per heated sq ft. With adjustments for grade, basement, age, garage=$252.43 per ft. Summary of issues to be discussed: Decision: Appeal Time/Date Parcel A29271 Owner WESLEY, JAXSON BRADLEY Description FARM AT ROSEVILLE/LOT 32/HOUSE Value under Appeal; 619,750 Taxpayers opinion of Value: 511,000 Taxpayer States: Based on my appraisal and comparable sales/properties. I am $120,000 over. Built for $511,000. Tax Office States: Construction appraisal, dated 4/2/2024, does not represent the final build. Most lenders financing new construction require an appraisal to determine your project's value. Unlike appraisals for existing structures, a new construction appraisal is essentially a third- party valuation of what will be built. Construction appraisals may not include final quality of construction or other features that may be included in the final build. Construction appraisal did not include any value for unfinished attic area of 1,035 sq ft(adds $23,332 in value). Appraisal indicated a land value of $40,000. Taxpayer states built for $511,000. Land was a gift at $0, not sure if the $511,000 includes any value for land. Subject was built 2024, 2,127 heated sq ft, with 1,035 sq ft unfinished attic). House valued $272.37 per heated sq ft Comp 1-sold for $498,500 on 11/1/2023 (sale was 13 months otd)-A29 260-185 Clearwater Dr-same neighborhood, built 2023, similar size at 2,223 heated sq ft. Simpler construction. House valued at $223.17 per heated sq ft. Comp 2-sold for $570,000 on 6/23/2023(sale was 18 months old}-A29 255-198 Clearwater Dr -same neighborhood, built 2007-older, 2,938 heated sq ft. Has new detached garage since sale. House valued at $189.73 heated sq ft. Adjust for age would make this house $213.44 heated sq ft. Summary of issues to be discussed: Decision: 6