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Board sets two nursing-home valuations by agreement; two other appeals left for decision
Summary
At the Oklahoma County Board of Equalization phone hearings the parties agreed to set fair market values for two nursing facilities (BOE 181 at $3,360,000 and BOE 182 at $2,575,000); BOE 180 and BOE 183 were closed for decision and will be decided the next day.
The Board of Equalization handled four phone hearings on June 17, 2026, involving skilled-nursing properties and other long-term care facilities. Two appeals were settled by agreement during the session; two others were closed for a board decision the following day.
On BOE 181 (a Midwest City nursing center not part of the 2025 bulk sale) the parties agreed to set the fair-market value at $3,360,000. The board entertained a motion, received a second and approved the figure by voice vote; the hearing was closed by agreement.
BOE 182 (Windsor Hills, one of the properties listed in a 2025 bulk sale) was also resolved by agreement after assessor staff adjusted effective-age assumptions. The board approved a negotiated fair-market value of $2,575,000 by motion and voice vote.
Two other appeals remained unresolved. BOE 180 (War Acres Realty, a skilled nursing facility) focused on whether to apply a Marshall & Swift cost approach or to account for an allocated value from a six-property 2025 bulk sale. The appellant presented a cost-based valuation of $2,374,727; assessor staff said their effective-age and depreciation schedule produced a higher value (approximately $4,015,000). The board closed the hearing and said it will issue a written decision the next day.
BOE 183 (the Lodge at Brookline) likewise closed with the board indicating it would make a decision the next day rather than accept or set a negotiated value at the hearing. In that case assessor staff said a post-adjustment value would be about $3,645,000 while the appellant sought a lower amount.
Why it matters: These administrative decisions determine assessed values for taxable property and affect tax liability for owners. Settlement by agreement removes the need for a contested board decision in two cases; the remaining cases hinge on technical appraisal inputs such as effective age and depreciation schedules.
What’s next: The board said it will render decisions for the unresolved appeals on its next decision day and will notify appellants by mail.
