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Oklahoma County BOE hears seven valuation appeals; sets one home value at $96,700
Summary
At a March 26 special meeting, the Oklahoma County Board of Equalization heard seven residential valuation protests. The board voted to set the fair market value of BOE item 14 at $96,700 and deferred decisions on the remaining six appeals to a scheduled decision day.
The Oklahoma County Board of Equalization met in a special session March 26 to hear seven property valuation protests and set one value during the meeting.
Board Chair Mister Fretown opened the hearing and said the panel would hear testimony from property owners and the assessor, then issue written decisions on Friday. "I'll have a I'll entertain a motion to set the fair market value of BOE number 14 at 96,700," Fretown said during the session.
Why it matters: property valuations determine future taxable values and can affect homeowners' tax obligations over multiple years as taxable value moves toward market value.
The board heard extended testimony from the owner of BOE 12, who identified himself as representing Ontario Trust and said two recent sales in his gated Ashford Hills neighborhood had driven up local market values despite differences in size and remodeling status. He said his house, on a 1-acre lot with 5,402 square feet, required updating and that comparable sales were smaller and remodeled; he told the board he could…
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