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2009-04-22 CC Packet
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2009-04-22 CC Packet
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4/20/2009 7:36:13 AM
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<br />1778 Dupre Road 23-31-22-34-0024 Comstock <br /> <br />Mr. Comstock presented an appraisal of said property which had a value conclusion of <br />$280,000. Upon review of the comparables used in said appraisal, comparable #3 was <br />outside the City of Centerville and not a good indication of value. Comparables #4 & #5 <br />supported the assessed estimated value. Comparable #1 was sold on 12/2008 therefore <br />outside of the allotted sales period for the current assessment (10/2007 thru 9/2008). <br /> <br />Therefore in my opinion the current value of $304,900 is appropriate, and recommend no <br />action on this appeal. <br /> <br />7165 Clear Ridge 23-31-22-21-0031 Lawrence <br /> <br />Mr. Russell Lawrence was present to question his current estimate ($212,400) of value of <br />his 1,016sq ft split entry home. No documentation was presented by Mr. Lawrence <br />challenging said value. Upon a review of comparable sales in Centerville, two sales were <br />determined to be comparable to the Lawrence property. The first located at 7156 Brian <br />Dr. (952 sq ft split entry) sold for 190,000 in 9/08. Comparing this sold property to the <br />Lawrence property supports our current estimate of value. The second located at 1793 <br />Center St (908 sq ft split entry) sold for $202,100 in 7/2008. Comparing this property to <br />the Lawrence property supports our current estimate of value. <br /> <br />Therefore, in my opinion, the current value of $212,400 is appropriate and recommend no <br />action on this appeal. <br /> <br />2 <br />
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