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Board bifurcates Oxnard purchase‑price dispute, sets March hearing for 2023 lien‑date review
Summary
Francis Linsalatto appealed her property's assessed values for two dates; the board bifurcated the appeal, accepted the applicant carries the burden on the March 29, 2022 purchase‑price question and scheduled the Jan. 1, 2023 lien‑date issue for March 17, 2025.
At the Dec. 9, 2024 meeting of the Ventura County Assessment Appeals Board No. 2, the board heard testimony from Francis (Francis X.) Linsalatto and the Ventura County Assessor’s Office about the fair‑market value of a Oxnard residence purchased March 29, 2022.
Assessor representative Joe Fellows told the board the assessor accepted the March 29, 2022 sale as an arm’s‑length transaction for purposes of the purchase‑price presumption but the applicant contests that the sale price does not reflect market value. Linsalatto paid $675,000 for the home and asked the board to reduce the base value, arguing the property contains…
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