Property Tax Appeal Board Decision 2005-02514-R-1 Schuette

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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 Effingham County Board of Review
is warranted. The correct assessed valuation of the property is:
LAND: $ 13,410
IMPR.: $ 62,018
TOTAL: $ 75,428
Subject only to the State multiplier as applicable.
PTAB/MRT/11/20/07
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Todd J. & Lisa A. Schuette
DOCKET NO.: 05-02514.001-R-1
PARCEL NO.: 03-11-203-034
The parties of record before the Property Tax Appeal Board are
Todd J. & Lisa A. Schuette, the appellants; and the Effingham
County Board of Review.
The subject property consists of an 18,295 square foot
residential parcel improved with a part one and one-half-story
and part two-story style frame and brick dwelling that was built
in 2004 and contains 3,139 square feet of living area. Features
of the home include central air-conditioning, a 752 square foot
garage and a partial unfinished basement.
The appellants appeared before the Property Tax Appeal Board
claiming overvaluation and unequal treatment in the assessment
process regarding the subject's land and improvements as the
bases of the appeal. In support of the overvaluation contention,
the appellants' evidence indicated the subject lot was purchased
in June 2003 for $32,900 and the subject dwelling was constructed
in August 2004 for $170,191. The subject's total cost is thus
$203,091. The appellants submitted a floor plan of the subject,
statements and receipts from subcontractors detailing various
components of the subject's construction. The appellants' appeal
form indicated the total cost included all construction costs,
including contractor's fees, architectural or engineering fees,
landscaping and building permits.
In support of the land inequity argument, the appellants
submitted information on four comparable properties located from
next door to one mile from the subject. The comparable lots
range in size from 13,068 to 16,152 square feet and had land
assessments ranging from $9,160 to $15,360 or from $0.60 to $0.95