02. Reconvene County Board of Equalization

Equalization Department Box 2806 Telephone: 701-241-5616 211 Ninth Street South Fax: 701-241-5729 Fargo, ND 58103 assessor@casscountynd.gov Owner: Nathan Dunnell Parcel: 01-2705-02600-000 Appellant: Nathan Dunnell Address: 3726 15th St S Property Class: Residential - Bilevel Value: $258,500 Requested Value: N/A Summary: Mr. Dunnell contacted our office prior to the board of equalization meeting, requesting a new assessment of his property. He did not appeal at the local board of equalization. Review: I inspected Mr. Dunnell’s property along with a staff member from the city of Fargo. The house was built in 1984 and has 1,008 sq ft of living area on each floor. The home is typical for the neighborhood as many of the homes were constructed by the same builder, Eid-Co Homes. It is in normal condition for its age with standard updates to offset any deferred maintenance issues. After review and discussion with the city of Fargo, I drove the neighborhood and further researched the realtor multiple listing service (FlexMLS) to analyze comparable sales to the subject property. The city of Fargo then provided a summary of their work which supports their conclusion of value. Conclusion: I support the city of Fargo’s recommendation for this property as I feel the conclusion of value is modeled equitably amongst similar competing properties. This conclusion is supported by my review of the city’s work-file along with any suitable approaches to value. Recommended Motion: Retain the current value of the subject property.