[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6244545,"mediaKeyId","3229624-4d9d6aee3aea3deca091e5552dc1dd68","parentId",3229624,"title","Board approves assessor‑appellant settlements for two Hollenbeck properties","audioSeconds",186,"startMs",17306000,"endMs",17492000,"viewUrl","/Search/View?dp=1&key=3229624-4d9d6aee3aea3deca091e5552dc1dd68&start=17306&end=17492","thumbnailUrl","https://assets.pipeline.soar.com/3229624-4d9d6aee3aea3deca091e5552dc1dd68/thumbnail_17306000.jpg","articleUrl","/articles/6244545/Alaska/Board-approves-assessorappellant-settlements-for-two-Hollenbeck-properties","mediaUrl","https://secure.pipeline.soar.com/6244545-576bd0278ed6ebf08caa879e82cc4ac5/orig.mp4?Expires=1775389352&Signature=bswug7AXodEWcHu6wEUsUGZIhhUC~jOXhF5lAVr83yt0KojdSQxH~hhrDbUMnv2-6H9UNlHVIeblKHA~jeitETLG3P~mlN7M0XBXssHkBdyMzGNuu7VJ5Yoh2pf6pRHmPnRJN4tYWoID7Y4~Ow5BkU3l9M2xzKfHRxLiSTvOefbz5j4jqqdZu~a-VroikKsJ9UXV572D~fvwK9n7sdbeDjoFfGdk15tQp54EqO5JGUNUyshfB393unZuF6SaEEFHdVVvvJymvHJKqIt~aCK080c-pabJFkoiU22jwTuBa8xjswYT3qs28vs13VHLUGl11QtJUHjGWWhm6AqY16C5Dw__&Key-Pair-Id=KUT5TJCACFTXG","author","Fairbanks North Star Borough","date","2025-05-02T00:00:00Z","article","The Fairbanks North Star Borough Board of Equalization approved two assessor‑appellant settlements on May 2, finalizing adjusted 2025 assessed values for properties owned by the Hollenbeck Family Trust.

Deputy Assessor Ryan Danhauser presented the settlements to the board. For parcel PAN 0218936 (case 138) the assessor and appellant agreed to an adjusted value of land $63,700; improvements $183,860; total $247,560. For parcel PAN 0219282 (case 140) the parties agreed to land $18,484; improvements $318,465; total $336,949.

Board members voted to accept both settlements. Board Chair Jessica Markwood confirmed no conflict required recusal for the participating members and the board designated alternates to participate in the relevant votes when needed. The board directed the clerk to issue written findings and mail copies of the settlements to the appellant and the assessor.

Why it matters: Settlements finalize tax assessments for the parcels for the 2025 roll and illustrate the assessor’s office negotiating adjustments with property owners rather than proceeding to full contested hearings.","mediaType","Video","parentTitle","Fairbanks North Star Borough Board of Equalization - May 02, 2025","oneSentenceSummary","The Fairbanks North Star Borough Board of Equalization approved settlements with the Hollenbeck Family Trust for two parcels after assessor and appellant reached agreement on adjusted 2025 values.","taxTitle","Fairbanks North Star (Borough), Alaska","taxId",5063,"location","Alaska","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6244550,"Board upholds assessor valuation for three‑cabin property at North Nordale",1691,15015000,16706000,"/Search/View?dp=1&key=3229624-4d9d6aee3aea3deca091e5552dc1dd68&start=15015&end=16706","https://assets.pipeline.soar.com/3229624-4d9d6aee3aea3deca091e5552dc1dd68/thumbnail_15015000.jpg","/articles/6244550/Alaska/Board-upholds-assessor-valuation-for-threecabin-property-at-North-Nordale","https://secure.pipeline.soar.com/6244550-76a90d675019756b6efdb9d4bc83ecc0/orig.mp4?Expires=1775389352&Signature=BrsBeKeDqcetmct6BO2wqONXmQaILbzvs0Im2KnxYDNRHcMxOqr7bkJ~DW76Q2YrC~LKYSq7oM8nb~GBLxBnc~zGJyWTIkb6R2hNqSzJJ-W0lSOEWXXJjDJTTpC0tpqe2CY-rQbc1GjQwAlbdTZh9OIWKHyNT-ba8YiOtp8OAVzDDlXi8ZgGjL3Nt4Ho230j1tM2pQWtE3w-ObOZ~plqzvE~z0P1txvFsnO4eqC9NySZYri4MYrio3zPbP-TV0j5uze4wlapRHP~AksfnZkWMMwd9jcgtofoGcmXMTfbNkqjwPYR1HcWWWFuE-alwewIIML-ipvBcNLMe2PqXgqYWQ__&Key-Pair-Id=KUT5TJCACFTXG","The Fairbanks North Star Borough Board of Equalization on May 2 voted 5–0 to uphold the assessor’s adjusted 2025 assessed value for the three‑cabin property at 715 North Nordale Road after an inspection found one cabin damaged.

Appellant Sam Moore argued the assessor’s comparable sales and mass appraisal methods inflated values and said he provided multiple dry‑cabin sales from 2024 to support a lower value. \"If a model can override 8 real sales in the same year in the same market, is that really about fair value or is it about preserving a spreadsheet?\" Moore said during his closing.

The assessor’s appraiser, Matt Casort, testified that two cabins were rented and in good condition at the time of inspection, while a third unit had mold damage and required remediation. Casort said the assessor applied a substantial per‑unit discount for the damaged cabin and that the resulting total assessment aligned with comparable cabin farms and the assessor’s mass appraisal rates. \"We did give a substantial discount for that cabin; it will need work before it can be put back on the market,\" Casort said.

Board Member Fouldeau moved to uphold the assessor’s adjusted valuation — land $23,665; improvements $57,273; total $80,938 — and the motion passed unanimously. The board noted the assessor used routine appraisal practices and followed borough guidance on requesting records and applying discounts for damage.

Why it matters: The decision affirms that visible condition defects documented at inspection can be handled through assessment adjustments rather than defaulting to purchaser‑paid prices, and that the assessor’s application of discounts for damage can withstand board review when documented.","The Board of Equalization upheld the assessor’s 2025 valuation for 715 North Nordale Road, where one of three cabins was found damaged and discounted at inspection.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6244555,"Board upholds assessor’s valuation for 853 Fault Line fourplex despite appellant’s sale price claim",3998,11640000,15638000,"/Search/View?dp=1&key=3229624-4d9d6aee3aea3deca091e5552dc1dd68&start=11640&end=15638","https://assets.pipeline.soar.com/3229624-4d9d6aee3aea3deca091e5552dc1dd68/thumbnail_11640000.jpg","/articles/6244555/Alaska/Board-upholds-assessors-valuation-for-853-Fault-Line-fourplex-despite-appellants-sale-price-claim","https://secure.pipeline.soar.com/6244555-641507711135244a3bc8357af9708583/orig.mp4?Expires=1775389352&Signature=fC~yj2Yw6cWDKX4z1idQvyINC~yZoo~wmX3Fv2X9q~mcQyyf5S15G~u~71c06Lm4NYk3i~Dn31-9wba1KhAAEA5DxU8fX8WPbTJBDmw5yzclX8HD91O46qu6odSR8hGTrYe625IpHYCc6YBR8Qt~VMOZB0LKifaSrPzGvEVZNaXAUyXSH~8uBLnBqLxA4dWQpvPC21t4fm8mCHmEgnmcTpwcn1mkmoX28dc3h93HBjJKG~xwNU4AiHjwnTkMeacgbQtxPjiZ~kRoS9GDB-5-IUJsH3VP~tSwnwSVmSS~s23Ai~iERZGTvpuXLpJlvRPEVvZpNBp71znEdwqYIfdihw__&Key-Pair-Id=KUT5TJCACFTXG","The Fairbanks North Star Borough Board of Equalization on May 2 upheld the assessor’s 2025 valuation for 853 Fault Line Avenue, a dry fourplex purchased by appellant Sam Moore in April 2024, after hearing competing testimony about whether the purchase price or the assessor’s model should control the assessment.

Moore, identified in the record as the owner of SGM Properties LLC, told the board he purchased the property for $70,000 in April 2024 and argued that the sale should be \"the most reliable indicator of value\" under \"Alaska statute 29 45 1 10.\" \"The only sale that is valid in this appeal is the one at 853 Fault Line Avenue for $70,000, period,\" Moore said in his presentation.

The assessor’s appraiser, Matt Casort, described the property’s condition and the assessor’s methodology. Casort said the structure had been inspected and three units were occupiable while a fourth remained unfinished at the January 1 valuation date; he also said the assessor applied a roughly 20% discount for the lack of water and could not complete a cost or income approach without the owner’s cost or income records. \"All 3 approaches to value were considered due to the appeal being filed,\" Casort said, adding that the cost and income approaches were not completed for lack of sufficient information.

Board members discussed whether the property’s condition at the January 1 lien date and subsequent finishing work should affect the 2025 assessment. The board accepted the assessor’s expert testimony that the property was properly valued using the assessor’s methods and noted the appraisal adjustments applied for incompleteness and absence of water service.

Board Member Fouldeau moved to uphold the assessor’s value: land $7,328; improvements $184,390; total $191,718. The motion was seconded and passed unanimously, 5–0.

Why it matters: The ruling underscores the board’s deference to assessor methodology where the assessor demonstrates use of recognized appraisal standards, and shows that a post‑purchase change in occupancy or completion status does not automatically override the assessor’s valuation for the lien date.","The Board of Equalization upheld the assessor’s 2025 valuation for a recently purchased unfinished fourplex at 853 Fault Line, rejecting the appellant’s argument that his 2024 purchase price should set the assessed value.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6244559,"Board trims assessment for Maria Street cabin cluster after owner cites recent sale",8999,1033000,10032000,"/Search/View?dp=1&key=3229624-4d9d6aee3aea3deca091e5552dc1dd68&start=1033&end=10032","https://assets.pipeline.soar.com/3229624-4d9d6aee3aea3deca091e5552dc1dd68/thumbnail_1033000.jpg","/articles/6244559/Alaska/Board-trims-assessment-for-Maria-Street-cabin-cluster-after-owner-cites-recent-sale","https://secure.pipeline.soar.com/6244559-7f1d45f0e4dda51c24653f063dcc4d09/orig.mp4?Expires=1775389352&Signature=ZXyfcPSCRsSijx1hrtmrIr5~9MGR7HGI77xQi5-mneT9YqknUZYWYV~ngCc7ix5H0BGfM2sR1HhidPaYW7UQdaLON0O-P68oDgDIHPGXy9W61Xw1bhbQtxmc90tbbGqgE6m9Fud4WeOAr95gQChyrzl8dXprKiJTDlvP8sETII9z5UvC9hpsqHPHmKw0UV0Peo0bLWRaWskx6mHYRsGw9sarji0CWvtsvb4LKdfL3iNRNNfFxTvQsLwCgrhZyo1tHf42Ue9HqlSs-M5B9Qu7EHZGYsBEMyAqurMQFZgh5RTz1tAFVnMYVyubgIUPxlqwQgnPRIvGzta1TFu8VrMfIg__&Key-Pair-Id=KUT5TJCACFTXG","The Fairbanks North Star Borough Board of Equalization voted 4–1 on May 2 to lower the 2025 assessed value for a three‑lot cabin cluster at 2350–2360 Maria Street after hearing an appeal from property owner Sam Moore.

Moore, owner of SGM Properties LLC, told the board the only lawful comparable sale for his cabins is a 2024 arm’s‑length sale at 159 Nash Street and asked the board to value his improvements at $38 per square foot. He cited \"Alaska statute 29 45 1 10\" and Fairbanks North Star Borough code 84.120 to argue that assessments should reflect recent, conversant market transactions. \"159 Nash Street is the only lawful, accurate, and factually comparable transaction that should govern the assessment of my Maria Street properties,\" Moore said.

The board’s decision came after extended testimony from the assessor’s appraiser, Matt Casort, and questions from board members about comparability and modeling. Casort, an appraiser for the assessor, defended the assessor’s use of a computer‑assisted mass appraisal model and a set of comparable sales that included multi‑unit and single‑unit properties, saying the assessor considered cost, sales and income approaches and found the sales comparison and model appropriate. \"All 3 standard approaches to value have been considered due to the appeal being filed,\" Casort said, noting the assessor could not complete a full income or cost approach without additional records.

Board Member Shuster moved to adjust the assessed value and said he included Nash Street in an array of sales to compute a new average; Mr. Daczynski seconded the motion. During deliberations several board members said Nash Street’s MLS listing warranted inclusion in the comparable array because it was in the same subdivision and was advertised publicly. Chair Jessica Markwood said the proximity and similarity made Nash Street relevant.

The final motion set the adjusted assessed value for the parcel considered in case 123 at land $18,767 and improvements $148,784, for a total assessed value of $167,551. The roll call in the record shows the motion passed 4–1.

Why it matters: The decision shows the Board of Equalization will sometimes deviate from assessor models when members find a recent, geographically proximate sale they deem a valid market indicator. The case also highlights recurring disagreements between appellants and the assessor over which sales are \"conversant\" and how to treat sales where buyers live outside the borough.

The board asked the assessor to prepare written findings of fact and conclusions of law for publication at a later meeting.","The Fairbanks North Star Borough Board of Equalization reduced the 2025 assessed value for a 3‑lot cabin cluster at Maria Street after appellant Sam Moore presented a 2024 comparable sale and board members debated the assessor’s mass‑appraisal approach.","actionData","errors"]

Article not found

Board approves assessor‑appellant settlements for two Hollenbeck properties

Board upholds assessor valuation for three‑cabin property at North Nordale

Board upholds assessor’s valuation for 853 Fault Line fourplex despite appellant’s sale price claim

Board trims assessment for Maria Street cabin cluster after owner cites recent sale