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Board upholds assessor value for Palomino Valley vacant parcel after hearing on subdivision potential and comparables
Summary
Washoe County appraiser presented sales comparables and zoning details for a 330-acre Palomino Valley parcel; the board upheld the assessor's taxable value after discussion about access, utilities and petitioner concerns about a nearby waste-collection stop.
At the Feb. 13 hearing the Washoe County Board of Equalization considered an appeal for assessor parcel 07725001, a roughly 330-acre home site in Palomino Valley. Appraiser Jeff Cronin told the board the parcel is zoned general rural agricultural, which typically allows one home site per 40 acres, and described access as a rough three-quarter-mile cut road off Mid Road.
Cronin said the property was listed in March 2023 for $675,000 and that the assessor's taxable value for…
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