[{"_1":2,"_87":-5,"_88":-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",[32,75],{"_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":68,"_72":73,"_74":73},"mediaId",6520658,"mediaKeyId","5134080-ad8834816724dd88852ce3a62c851ff1","parentId",5134080,"title","Board upholds assessor values on multiple fourplexes after appellant cites inconsistent comps","audioSeconds",479,"startMs",851000,"endMs",1330000,"viewUrl","/Search/View?dp=1&key=5134080-ad8834816724dd88852ce3a62c851ff1&start=851&end=1330","thumbnailUrl","https://assets.pipeline.soar.com/5134080-ad8834816724dd88852ce3a62c851ff1/thumbnail_851000.jpg","articleUrl","/articles/6520658/Bannock-County/Idaho/Board-upholds-assessor-values-on-multiple-fourplexes-after-appellant-cites-inconsistent-comps","mediaUrl","https://secure.pipeline.soar.com/6520658-1bd5eb1e637a31f1f20ab17ecb7122f3/orig.mp4?Expires=1771162678&Signature=UiKCTIlJpObVyoHjmZtJri385DcfvPE5aUBtXjeJD14UxWiqoodH7iqYPJ-HmtDcVXlYG9UgQfpXBjiwhvPh4wHlhSgrjB2uXAydzOR4FmfBOOJ-kfFLJwdpIFO0cDX7pqXfH4ZJSXmsReiCaF09uXfbT3NYvpjYshDH1n7vWDNYecq0s7D5S15OXtxKNnNh40GdFG0jArL472zVxiVYtcp2VBpEG0N51QzTRxGaCMSrtUJb5xkUGSwnqXhzPB0naAS~pdowGgMVgOfr76Uo-haut7z4yienXLnDTXdtx~ZumJ8MFzMwVv7rxMGkzoc7v-pAsobvmr-aY9mulmn2ng__&Key-Pair-Id=KUT5TJCACFTXG","author","Bannock County","date","2025-07-03T18:12:39Z","article","The Bannock County Board of Equalization on Wednesday upheld assessed values for multiple fourplex properties after an owner questioned the comparables used in mass appraisal.

Derek Lehi, the appellant, said his set of four fourplexes showed roughly a 19% increase from 2023 to 2024 assessments and that some of the 2024 comparables used by the assessor did not match his buildings\u0000 age, condition or amenities. Lehi told the board he had three 2024 comps and two 2025 sales he believes are closer matches (210 W. Chubbuck Road and 2420 E. Terry) and asked the board to reconsider the valuations.

Cammy Brown, a residential appraiser with the assessor\u0000s office, explained the office\u0000s comparable selection and mass-appraisal process. Brown said the assessor\u0000s team used multiple comparables, noted there were 15 fourplex sales in the past year (exceeding the five required for mass appraisal), and said when price-per-square-foot comparisons are applied the subject property was close to other sales. Brown also said the Dillon Street sale the appellant cited had been correctly treated as two fourplexes in the office\u0000s allocation and therefore handled appropriately as comparables.

After brief discussion, a commissioner moved to uphold the assessor\u0000s values on the parcels the appellant raised; the board approved the motion by voice vote and advised the appellant of appeal rights to district court or the Idaho State Board of Tax Appeals. The chair said the decision would be communicated in writing.

Appellant and assessor remarks in the hearing record focused on the selection and adjustment of comparables, effective year of improvements, and the limits that nondisclosure of some sales places on local sales data.","mediaType","Video","parentTitle","07/03/2025 Bannock County Board of Equalization","oneSentenceSummary","An appellant said fourplex values rose about 19% year over year and challenged the assessor\u0000s comparables; the Board of Equalization reviewed assessor comparables and upheld the values for all parcels discussed.","taxTitle","Bannock County, Idaho","taxId",5618,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6520663,"Bannock County board upholds assessor—s value for federal building after income-approach appeal",618,169000,787000,"/Search/View?dp=1&key=5134080-ad8834816724dd88852ce3a62c851ff1&start=169&end=787","https://assets.pipeline.soar.com/5134080-ad8834816724dd88852ce3a62c851ff1/thumbnail_169000.jpg","/articles/6520663/Bannock-County/Idaho/Bannock-County-board-upholds-assessors-value-for-federal-building-after-income-approach-appeal","https://secure.pipeline.soar.com/6520663-284ec9a88b0a1bd94c1e997c62349851/orig.mp4?Expires=1771162678&Signature=FUcSGC1-ZPlIwxjnpbk4b1QKt--uxUGAY~Gq78Tt98UUUNq7C5TgHdd~ZnvMHavoOT7EjdLgvyWNO2ImdpAklLVj-c9NbITbp04gGUZSYQRCCoLuOwRyclnM~EEdDW9zzIhxWuKFXFMt8I8Ow8AgJZJrCjI5yK2WtFLCMc690gC0QwLPE93~4uRUnrW1Z2qJCZNhh5FHgpsY6LSD5C7DFdlOhjp2ARrDeS06gCv3kQ0mH3mpJisC7ALCKr32mkHA2l9~ASdmvsVN3nRxO1FlY5PXf2X9ijxtcHOWNJ4pWBQIJqCIQzo8BUkfcDJSHzQhyjr98E0yWVZd8Ue2YU6vJA__&Key-Pair-Id=KUT5TJCACFTXG","The Bannock County Board of Equalization on Wednesday upheld the county assessor\u0000s assessed value for a federal office building after hearing competing appraisals.

Greg LeBlanc, a tax advisor representing the property owner, told the board the 43,162-square-foot building built in 1999 is leased by the federal government and currently rents at $25.53 per square foot, triple net. LeBlanc said his income-based valuation, using a 5% vacancy allowance, 14'9% to 15% expenses and a 7% capitalization rate, produced a market value of $12,709,600 (about $295 per square foot). He also said the property sold in April 2022 with an allocated purchase price of $15,010,000 but argued that national interest-rate increases since that sale reduced market values by roughly 12.5% for the valuation date of Jan. 1, 2025.

The county\u0000s commercial appraiser reviewed the appellant\u0000s materials and said the assessor\u0000s office also ran an income approach and arrived at a similar figure. The assessor\u0000s representative recommended retaining the current assessed value after balancing income and sales approaches.

The board asked questions but received no substantive challenges to the appraisal methods during its discussion. A commissioner moved to uphold the assessor\u0000s valuation for the parcel identified in the hearing record. The motion carried after a voice vote; the chair announced the board had upheld the assessor\u0000s value. The board said the appellant may appeal the decision to district court or the Idaho State Board of Tax Appeals and that a written decision would follow by mail.

The hearing record shows the board limited its review to whether the assessor properly determined market value as of the statutory assessment date. The board noted it does not adjudicate tax rates and that appellants carry the burden of proof.","The Bannock County Board of Equalization upheld the assessor\u0000s current assessed value for a federal office building after an appellant\u0000s tax advisor presented an income-based valuation and the county appraisal office recommended retaining the assessment.","actionData","errors"]

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Board upholds assessor values on multiple fourplexes after appellant cites inconsistent comps

Bannock County board upholds assessor—s value for federal building after income-approach appeal