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The subject property is an approximately 35 year old Manufactured Home on 1.65 acres in South East Salem surrounded by mostly commercial properties and bare land. It is a unique property due to the location, lot size, and home type. It was purchased in 2011 and according to the petitioner they have not performed any maintenance on the home since they bought it. The petitioner is asking the county to reduce the Real Market Value (RMV)from $42,500 to last year's market value of$24,900 due to the general rule of Manufactured Homes depreciating in market value over time. The county appraised this home on July 28, 2021 as part of their Cycle rotation of properties throughout the county. Prior to this appraisal,the last time the property was appraised was in 2002. According to aerial images of the property, a new roof was installed and the home was painted in approximately 2008. The appraiser confirmed and notated these updates during their on-site visit in July and added a 10%increase to the Effective Year Built of the home as per appraisal guidelines of General Ongoing Maintenance (GOMAR) of manufactured homes which states that manufactured homes showing general upkeep tend to appreciate 5-15%on average. This increase in RMV resulted in a value over their Maximum Assessed Value of$35,630,which became their new taxable value. Prior to this year,and going back as far as 2012,the petitioner had been paying taxes on their RMV which was lower than their MAV due to the property having not been appraised for approximately 20 years. The county was not able to find comparable Manufactured homes with land that sold in 2020, but they did find 5 comparable Manufactured Homes in Mobile Parks. Each comparable is within 5 miles of the subject, between 30-40 years old, double wide, with similar features and components. They range in adjusted sales price between $73,000 and $45,300 with an average sales price of$57,000. Depending on the buyer,these may or may not be more desirable due to the fact they are in a Mobile Park compared to the subject who is on their own land, but the county feels they are appropriate comparable properties due to the fact the petitioner is only requesting a reduction in the Real Market Value of the Manufactured Home. Based on the comps and the data, the county recommends we sustain the Real Market Value of the home. I 0 I I I 4 4 I