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Myers asks Lake County board to accept $700,000 sale price; supervisors continue appeal to April 21
Summary
Myers Storage LLC appealed a 2023 reassessment after the county raised the property's value; the assessor defended a $1.21 million income-based valuation while the appellant presented the $700,000 purchase as market evidence. The board continued deliberations to April 21, 2026, and set a written-submission deadline of April 17.
The Lake County Board of Supervisors, sitting as the Board of Equalization, continued deliberations on an assessment appeal by Myers Storage LLC after hearing presentations from the assessor's office and the appellant.
The assessor's office, represented by Landai Janakis and Michelle Bocchanani, presented three valuation approaches and said the income approach produced an indicated value of $1,210,000 for the 12,000-square-foot mini-storage facility at 34584A North Main Street in Kelseyville. "Using the income approach in accordance with BOE property tax rule 8, the assessor's office determined a value of $1,210,000," Bocchanani said as she reviewed comparable sales, cost estimates from Marshall and Swift…
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