Oklahoma County Board of Equalization hears seven valuation appeals; decisions due Thursday

The Oklahoma County Board of Equalization held a special session Monday, April 14, to hear seven property valuation appeals and heard testimony from property owners, agents and assessor staff; the board said it will deliberate and issue written decisions after a scheduled Thursday meeting.

Chair Eleanor Thompson opened the 9:36 a.m. session; board members Brett Towne and Theresa Sellers were present. Parties appeared by phone or in person to contest assessor valuations for several parcels, including BOE numbers 79, 81, 84, 80, 55, 56 and 57.

Key appeals and arguments:

- BOE No. 79 (4508 NW 304th St.): Timugan Bustos said he purchased the house in 2022 and paid $10,000 extra for furniture; he requested a valuation of $197,500 vs. the assessor’s notice value of $204,500, arguing neighborhood differences and lack of showings near $200,000. An assessor appraiser described the property (1,218 sq ft, effective year built 2001 after a near-full remodel in 2022), noted two usable comps from the taxpayer were included in the assessor’s comp set and reported a median comp-derived value near $209,004;…