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Bannock County panel cuts residential assessment to $425,000 after homeowner appeal
Summary
At an assessment appeal hearing in Bannock County, a hearing panel reduced the assessed value of a Chubbuck home from $458,028 (appellants figure) to $425,000, citing competing comparable-sales analyses presented by the homeowner and assessor.
A Bannock County appeals panel set the assessed value of a single-family home at 785 Moran Drive in Chubbuck at $425,000 after an in-person appeal and discussion of comparable sales.
The homeowner, Sean White, told the panel his property had been assessed at $458,028 and presented several nearby sales he said supported a lower market value. "The most compelling comparable is just down the street, which sold last year for $403,860…
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