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Homeowner says deferred maintenance, roof problems make Middlebury assessment too high
Summary
Marcos de Escobar told the Board of Assessment Appeals that deferred maintenance and a leaking roof make the town’s $1,052,900 market-value estimate for 137 Falcon Crest Rd overstated; the board said maintenance alone is not ordinarily a basis for reduction without an appraisal.
Marcos de Escobar appealed the revaluation of his home at 137 Falcon Crest Rd, telling the Middlebury Board of Assessment Appeals on April 6 that the town’s new market-value figure is overstated because of ongoing deferred maintenance and a leaking roof. De Escobar said he spent about $75,000 on a roof replacement that is now failing, that a bathroom remains gutted, and that windows and doors are more than 40 years old. He said he received a verbal offer for $700,000 and believes fair market value is $750,000; the assessor’s estimate shown on the appeal form is $1,052,900 (assessment $737,030).
