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.