Recent Court Decisions

摘要

The Schmidts appealed the market value of their home (the Property) for the 2011-2012, 2012-2013, and 2013-2014 tax years. The property is a 5,702-square-foot home on 5.76 acres in Oregon. The home has four bedrooms, three full baths, and two half baths. Additional amenities include a three-car garage, in-ground pool, pool house, barn, and tennis court. The Clackamas County Assessor (Assessor) valued the Property as follows: $699,791 for tax year 2011-2012; $648,517 for tax year 2012-2013; and $704,868 for tax year 2013-2014. The Schmidts requested valuations of $460,000 for tax year 2011-2012; $520,000 for tax year 2012-2013; and $490,000 for tax year 2013-2014. At trial, each party presented appraisers who testified as to the value of the property using the comparable sales approach.