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(6) Ina Hefner Bost
639 Alexander St.
Statesville, NC
Township: Inside
Map #6J7 -C-2
Present Value: $10,360
Reason for request: The single family residence on Alexander Street in States-
ville was built around 1876. The 1976 appraisal of this house was
$9990. The Board of E & R reduced this value to $2500. The house was
remodeled in 1982 with the addition of new aluminum siding. The house
value was upgraded for the 1982 tax year to a value of $4995 to reflect
its improvement. No change in the assessment is recommended.
Board Action: MOTION from Commissioner Murdock to leave the value as it is.
Unanimous vote.
(7) Harry L. Tsumas
c/o T. Michael Lassiter
P. O. Box 548
Statesville, NC 28677
Township: Inside
Map #5J -OA -071
Present Value: $274,780
Board Action: MOTION from Chairman Troutman to make the following changes:
70 acres @ $770 53,900
30 acres @ $2000 60,000„,.
Water tank 71,600 t
Rail 300 x 18
$190,900
Unanimous vote. ----�
hairman Acting Clerk
IREDELL COUNTY BOARD OF EQUALIZATION AND REVIEW
MINUTFS
MAY 3, 1983
The Iredell County Board of Equalization and Review met at 7:00 p.m., Tuesday
evening, May 3, 1983, at the Agricultural Center Conference Rooms 1 and 2. Present
for the meeting were:
Frances L. Murdock, Vice Chairman
B. W. Campbell
William A. Mills
Samuel L. Ostwalt
Staff present: Lois Troutman, Tax Administration
J. Wayne Deal, County Manager
Robert N. Randall, County Attorney
Alice Fortner, Clerk to the Board
(1) James Jennings and Peter Quinn
Heronwood Associates
Township: Inside
Map #6J2 -E-8
Present Value: $123,465
Reason for Request: This is the Penney Store Building, located at 215-219
S. Center Street, Statesville. The owners said the property is a
non -income producing property at this time and needs the benefit
of lower tax valuing until rehabilitation occurs.
Board's Decision: MOTION from Commissioner Campbell that this property be given
an additional 12% depreciation on the building.
New Values: Building $ 73,420
Elevator 11,200
Land 66,825
$151,445
VOTING: Ayes - 4; Noes - 0