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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction in the assessment of the
property as established by the Cumberland County Board of Review
is warranted. The correct assessed valuation of the property is:
LAND: $ 2,667
IMPR.: $ 14,887
TOTAL: $ 17,554
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Frank Pearson & Donna Pearson
DOCKET NO.: 06-02166.001-R-1
PARCEL NO.: 13-36-300-007
The parties of record before the Property Tax Appeal Board are Frank Pearson & Donna Pearson, the appellants; and the Cumberland County Board of Review.
The subject property consists of a .74-acre parcel improved with a one-story style frame dwelling, built in 1947, that contains 1,248 square feet of living area. Features include a 576 square foot garage and a partial unfinished basement.
Appellant Donna Pearson appeared before the Property Tax Appeal Board claiming overvaluation, contention of law and unequal treatment in the assessment process as the bases of the appeal. In support of the overvaluation argument, the appellants' petition indicated the subject property had sold in March 2006 for $40,000. The appellants indicated the sale was not between relatives or related corporations, the property was advertised for sale through multiple listing and that no contract for deed or mortgage assumption was involved.
In support of the inequity argument, the appellants submitted a letter that included limited information on three comparable properties located within one mile of the subject. Comparable 1 was described as having 16 acres, one house, 4 barns and two garages. Comparable 2 was described as containing 5.5 acres, one house, two barns and two garages. Comparable 3 was described as a new home on 20 acres with 5 barns. No parcel numbers, land or improvement assessment data, or other descriptive information regarding these properties was submitted. Based on this evidence, the appellants requested a reduction in the subject's assessment.
The board of review submitted its "Board of Review Notes on Appeal", wherein the subject property's total assessment of $18,324 was disclosed. The subject has an estimated market value of $55,326 or $44.33 per square foot of living area including