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Commissioners grant abatement, drop 2024 assessed value on Velkov property to $308,100
3192694 · May 5, 2025
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Summary
After a review by the City of Fargo assessor, the board voted to reduce the 2024 assessed value of the property owned by Peter Velkov to $308,100, citing deferred maintenance and a difference in garage size from comparable sales.
The Cass County Board of Commissioners approved an abatement application and reduced the 2024 assessed value of the subject property to $308,100 following a presentation by Mike Sponskovsky of the City of Fargo assessor's office.
Sponskovsky told commissioners his office inspected the…
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