►
From YouTube: Board of Equalization Hearing June 15, 2021
Description
No description was provided for this meeting.
If this is YOUR meeting, an easy way to fix this is to add a description to your video, wherever mtngs.io found it (probably YouTube).
A
Good
morning
today
is
tuesday
june
15
2021,
and
this
is
the
arlington
county
virginia
board
of
equalization
hearing
there's
one
case
on
the
agenda.
Today.
The
rpc
number
is
zero:
seven
zero
one,
eight
zero,
zero;
six,
the
property
is
located
at
4605
20th
street
north.
Mr
kevin
cullen
is
here
the
owner
and
mr
cullen,
you
can
start
with
your
eight
minutes
and
tell
us
about
your
property,
sir.
B
Good
morning,
I
don't
think
I'll
need
the
full
eight
minutes,
but
appreciate
the
time.
Only
only
have
questions
for
for
really
exactly
how
how
the
valuation
was
arrived
at
you
know
the
the
big.
The
big
thing
I
see
is
that
you
know
the
the
improvement
valuation
increasing
160
k
year
over
year.
B
Despite
no
structural
changes
to
the
building
just
doesn't
seem
to
make
a
whole
lot
of
sense.
It's
it's
been
valued
between
472
and
536
over
the
last
10
years
and
then
valuing
it
up
this
year,
80k
higher
than
anywhere
it's
been
the
last
10
10
years
when
it
was
renovated
about
10
years
ago.
Just
doesn't
make
a
whole
lot
of
sense.
I
see
how
land
is
gonna.
B
You
know
continually
appreciate
a
little
bit
here
and
there,
but
but
just
trying
to
get
a
better
sense
of
how
how
we
look
at
things
and
why
it's
why?
Any
year,
but
especially
in
the
middle
of
a
pandemic,
we
would
be
looking
at
significant
increases
in
the
in
the
building
valuation.
B
C
Good
morning
board,
this
property
is
a
two-story
single-family
home
five
bedrooms.
Three
and
a
half
baths
it
was
built
in
1949
has
an
effective
age
of
2009
and
a
quality
of
excellent.
The
property
was
last
purchased
before
the
appellant
in
2004
and
underwent
a
major
renovation.
In
addition,
work
in
2009.
C
the
county
can
sometimes
be
conservative,
with
assessments
on
properties
that
we
don't
have
interior
access
to.
We
do
our
best
to
appraise
these
properties
correctly,
but
it
also
can
be
difficult
to
see
what's
going
on
on
the
inside,
but
upon
the
sale
in
december
2019
the
county
was
able
to
see
the
work
that
was
done
to
the
property
and
change
the
quality
to
better
equalize
with
other
properties
in
the
county.
This
changed
the
quality
from
very
good
minus
to
an
excellent.
C
C
We've
also
seen
no
slowdown
in
the
arlington
market
since
the
end
of
the
analysis
period.
The
county
did
make
some
some
minor
changes
to
the
property
record
which
brought
the
proposed
value
down.
So
for
those
reasons,
the
county
recommends
a
reduction
to
the
2021
assessment
to
a
proposed
amount
of
1
million
396
800.
Thank
you.
D
Excuse
me,
I
just
wanted
to
check
make
sure
I
understood
when
I
read
and
what
I
heard
there
were
lots
of
renovations
a
dozen
years
ago,
but
they
weren't
picked
up.
I
heard
you
say
to
2019
upon
the
cullen's
purchase,
but
but
those
changes
were
not
reflected
until
2021.
Is
that
right?
Mr
king.
C
So
the
sale
was
in
2019.
It
was
in
december
of
2019,
so
the
appraiser
didn't
get
there
until
the
beginning
of
2020..
So
then
those
changes
didn't
take
effect
until
2021
right.
D
And
and
and
again
what
you
picked
up
were
the
the
very
large
improvements
made
in
20
in
2009.
C
I
mean
it's
split,
it's
it's
not
that
we
didn't
pick
up
the
any
of
the
renovations,
so
we
got
the
square
footage.
You
know
there
was
a
quality
change
back
then,
but
seeing
the
property
for
sale
and
being
able
to
get
a
clear
indication
of
the
quality
is
what
you
know
was
a
change
in
2020..
That.
C
The
market
is
telling
us
that
there
is
a
clear
quality
component
of
the
of
the
sale
price.
A
All
right
and
and
just
for
the
the
county,
mr
king,
if
you
would
just
take
a
second
I
mean,
obviously
the
appellant
you
know
is
asking
about.
You
know
how
the
the
building
can
go
up.
You
know
when
there's
non-improvements
throughout
consistently
throughout
the
ten
years,
but
as
can
you
just
briefly
just
clarify
again
how,
as
properties
increase
in
value
in
in
neighborhoods
and
values,
go
up
how
it
gets
allocated
land
versus
building,
I
mean
because
obviously
the
increase
in
value
has
got
to
go
somewhere.
C
Yeah
I
mean
so
land
values.
You
know
we
have
a
strong
indication
from
when
we
see
houses
torn
down
or
we
have
vacant
lots.
So
that'll
be
a
strong
component
of
seeing
your
land
go
up.
The
other
half
will
be
placed
on
the
improvement.
That's
what's
ever
left
over
after
our
analysis.
So
we
look
at
all
the
properties
in
your
neighborhood
that
are
selling
in
open
market
sales,
we're
looking
at
an
assessment
to
sale
ratio.
C
So
say
everything
comes
in
selling
about
you
know,
90
of
what
we
have
are
selling
as
assessed
at
ninety
percent
of
what
it's
selling
for
we
might
raise
everything
up,
eight
percent
or
so
to
get
closer
to
that
fair
market
value.
So
those
values
are
applied
to
everybody
in
your
neighborhood.
C
You
know
you
did
get
a
larger
component
change
based
on
the
quality
change,
but
there's
also
a
sale
component
that
is
applied
to
everybody
in
the
neighborhood
and
you'll
see
that
year
to
year.
So
you
know,
even
next
year
you
haven't
done
anything.
The
county
hasn't
touched.
Your
record
you'll
see
the
improvement
change
year
to
year.
C
Yeah
and
some
of
it's
some
of
it's
going
to
be
that
there's
extra
amount
left
over,
so
we
only
have
so
much
support
for
the
land
value
and
we
have
support
for
the
final
value.
So
anything
left
over
is
going
to
be
put
on
the
improvement
value.
It
is
built
up
from
the
cost
approach,
so
we
do
have
a
cost
value,
but
then
we
can
tweak
that,
with
with
neighborhood
factors
to
get
that
fair
market
value
at
almost
100
or
so.
C
Sure
this
property
is,
is
a
well
updated
property
with
additions.
It's
sold
in
seven
days
on
the
market
for
one
million
four
hundred
and
sixty
one
thousand.
These
comparables
are
still
strong
in
the
area.
So,
for
those
reasons,
the
county
recommends
a
reduction
to
the
proposed
amount
of
1
million
396
800..
Thank
you.
B
Yeah,
I
think
that
the
the
prior
2019
valuation
of
approximately
1.2
million
is
more
in
line
with
the
the
value
of
the
property.
At
this
point
we
have
seen
from
zillow
and
redfin.
I
don't
have
the
county
data
that
you
guys
have
I've
seen
reductions
in
home
value
year
over
year.
Seven
percent
on
redfin,
four
percent
on
zillow
in
the
area
and
and
would
have
would
find
it
hard
to
believe
that
I
could
get
the
1.46
that
I
paid
much
less.
B
The
1.39
that
you're
proposing
on
the
property
right
now
as
buyers
are
looking
to
leave
urban
areas.
So
I
I
think
that
the
the
previous
valuation
of
1.2
million,
or
so
is
more
in
line
with
where
we
ought
to
be.
D
We've
not
seen
a
case
yet
where
the
neighborhood
on
average
has
gone
down,
and
I
and
of
course
it's
been
brought
up
many
times
that
the
the
folks
like
riffen
and
zillow
do
a
broader
macro.
Look.
E
D
Agglomerations
of
houses
then
does
appropriately
in
my
view
of
the
county,
so
looking
at
neighborhoods
in
this
case,
it
was
a
modest
increase
about
four
percent
is
the
way
to
go,
and
second,
fortunately,
the
comparables
are
really
good
and
and
testify
to
the
value
of
this
property
and
and
then
finally,
thank
you
for
the
department
for
thank
you
for
the
chair
for
asking
the
department
and
department
so
well
explaining
where
cost
allocations
go
and
how
they're
arrived
at
they're.
D
E
I
think
two
points
I
looked
at
when
I
saw
this.
It
is
the
time
frame
that
we're
looking
at
of
when
the
county
took
the
snapshot
of
values
and
the
comps
are
there.
The
the
other,
I
would
say,
is
more
from
a
personal
level,
developing
houses
right
now
and
watching
what
sells
and
what
prices
they're
going
at
things
are
selling
with
multiple
offers
over
asking
price,
and
they
have
not
gone
down.
E
Our
neighbor's
house
just
sold
three
hundred
thousand
more
than
they
bought
it
for
two
years
ago,
two
and
a
half
years
ago
things
are
selling
and
there's
a
shortage
of
housing
and
prices
are
being
obtained.
So
the
argument
and
nothing.
You
know-
and
I
understand
the
appellant's
viewpoint,
but
it's
not
proving
out
in
the
market.
A
Yeah,
I
would
agree,
I
mean
I
think,
the
appellant's
point
about
people
leave
in
urban
areas.
I
think
that
that
is
true
nationwide,
but
with
arlington,
the
proximity
to
dc
and
the
federal
job
market
and
just
the
job
market
here
in
itself
we're
not
seeing
it
I
mean,
I
don't
see
it
in
any
of
the
cases
that
we've
seen
and
dealing
with
the
realtors
and
whatnot
that
I
deal
with
from
the
standpoint
of
sales
they're,
just
not
seeing
it
here.
So
I
would
support
the
county's
revised
assessment.
F
F
You
know
it
was
listed
for
1
million
390
and
it's
all
for
one
million
461.
So
I'm
going
to
guess
that
there
were
multiple
offers
on
this
and
I
think
the
market
is
still
showing
that
it
is
continuing
to
be
that
way.
So
I
don't
have
any
problem
with
the
assessment.
A
Sorry
any
other
opinions.
Contrary
to
that,
no
all
right,
then,
I
will
move
to
accept
the
county's
2021
revised
assessment
of
one
million
three.
Ninety
six,
eight
hundred
of
a
second
okay,
a
second
by
miss
hogan,
all
in
favor.