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Board upholds assessor values on multiple fourplexes after appellant cites inconsistent comps
Summary
An appellant said fourplex values rose about 19% year over year and challenged the assessors comparables; the Board of Equalization reviewed assessor comparables and upheld the values for all parcels discussed.
The Bannock County Board of Equalization on Wednesday upheld assessed values for multiple fourplex properties after an owner questioned the comparables used in mass appraisal.
Derek Lehi, the appellant, said his set of four fourplexes showed roughly a 19% increase from 2023 to 2024 assessments and that some of the 2024 comparables used by the assessor did not match his buildings age, condition or amenities. Lehi told the…
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