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� <br /> Memorandum To: Board of RevieW <br /> From: Ken Johnson, Assessor <br /> 5ubjoct: Dunlap - Rits Properties <br /> D�vid Dunlap Pro rty <br /> On-site inspection of thie Dunlap hame, 1595 Bohn's Point Road, reveala that the <br /> deacription is correct in the County 5taff Appriaser's appriasal. <br /> It is my opinion that the market value Would fall in a range between $90,OU0 and <br /> $100,000. At $99,000 the exiating valuation is in the higher end of the rasige. <br /> If I were making this appraisal anew, I would have recognized alightly �reater <br /> depreciation than was taken by the County man, and would have arrived at about <br /> $93,000 as my esti�ate. A reduction to $93�000 would be acceptable as reflecting <br /> a reasonable approxfmation to market value, and a ressonable equitability relation- <br /> ship to other property values in the vicinity. <br /> 5vme of the c�parable property valuations on Bohn'a Point are listed below: <br /> Jacquea Pierce - $94,800 <br /> William Reynolds - 96,000 <br /> 5tanley Holcomb - 94,500 <br /> Gen. H. Morrison - 134,100 <br /> E. E. Woolley - 94�500 <br /> Wiliiam Lauer - 108,000 <br /> Louis Dolan - 104,100 <br /> Dean Thomas - 112,500 <br /> I regard the appraisal estinates by Mr. Fazendin� at $80,000, and by Mr. Lee� at <br /> $79,000, aa substantial understatements of the market value� in view of the above <br /> value levels in the immediate area. <br /> Gordon Ritz <br /> Recommend no change from the $213,000 valuation. <br /> ,.� C�/, <br /> Ken W. J son <br /> Assessor �� <br /> � <br />