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3510 Park Avenue S David Sholy <br />01-5710-00700-000 David Sholy <br /> <br /> Recap 3510 Park Ave Recap Page 1 of 2 <br /> <br />Original Abatement Write-up Recap: <br /> <br />- This property was included in a mass reappraisal effort in 2016 and market trended for <br />2017 and 2018 and currently valued at $160.31 per square foot of living area o The market trending is to maintain compliance with state sales ratio guidelines <br />- The comparable sales recapped are located in similar homogeneous areas (competing or <br />competitive market neighborhoods) <br /> - The comparable sales recapped are of two-story design of similar quality and condition o The mass appraisal model does not factor individually for items such as stainless <br />steel appliances or granite countertops but does factor for the overall quality and <br />condition of the property <br /> - The subject was built by Heritage Homes as were the Woodbury Ct S properties o Sold at $163 per square foot of living area in February 2017 <br />o Sold at $177 per square foot of living area in July 2018 <br /> <br />- The subject has a total living area of 2,162 square feet o The sales bracket this ranging from 1,662 to 2,201 square feet <br />- The subject has 3.5 bathrooms <br />o The sales bracket this with 2.5 to 3.5 bathrooms <br /> - The subject has a full basement that is approximately 75 percent finished o The majority of sales also have full basements with the majority having finishing <br />between 75 and 100 percent with sale prices ranging from $163 to $194 per square <br />foot of living area <br /> 2935 32 St S has a full unfinished basement (per our records) and sold at $181 per square foot of living area <br /> 3757 Dorothea Ct S does not have a basement and sold at $145 per square <br />foot of living area <br /> <br />- The subject has a 3 car attached garage o The sales have either 2 or 3 car attached garages <br />- The subject was constructed in 2002 <br />o The sales bracket this ranging from 1999 to 2005 <br /> - The sales occurred between February 2017 and August 2018 o All are recent with the most recent (2018) indicating values, on a per square foot <br />basis, of between $175 and $194 <br /> <br />- The subject is currently valued at $160 per square foot of living area well below the indicated mean and median sales prices of the comparable sales