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Union County panel upholds assessment on Strykers 2 Inc. soccer complex turf
Summary
The Board of Equalization and Review voted to keep the county's assessed value for Strykers 2 Inc., after hearing the owner dispute the county's valuation method for a synthetic soccer field.
Union County's Board of Equalization and Review on Tuesday voted to uphold the county's assessed valuation for Strykers 2 Inc., rejecting the property owner's request to lower the value placed on an artificial turf soccer field.
The appeal centered on how the county calculated replacement cost and depreciation for the synthetic turf installed five years ago; the owner argued the county's method produced an excessive value while county appraisers defended using Marshall & Swift cost tables and a 50% depreciation for a five-year-old field.
Andrew Steedman, the property owner and appellant, told the board he and his partners paid…
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