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Board reduces assessment for Glendale Road property after owner cites train-horn impacts; land portion cut
Summary
Mary Parlow, whose property borders railroad tracks, asked the Board of Review to lower her land value because she said frequent train horns and the lot's characteristics reduced marketability. After deliberation the board lowered the total assessed value to $269,600 by reducing the land component.
The Board of Review on Sept. 17 reduced the assessed value of a Glendale Road property after the owner, Mary Parlow (S53 W24747 Glendale Road), presented comparables and argued that proximity to active railroad tracks and frequent train horns reduce the lot's marketability. Parlow provided recent vacant-land comparables showing per-acre prices in the mid-$30,000 range and asked the board to apply…
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