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condition to the subject. Additionally, the PA sale chart did not include all of the living area for the improvement of Sale 2. The PA "Consideration Chart" indicated that 7 of the 8 criterion per FS 193.11 were considered in the Market/Just Value of the subject property located at 825 Iris Lane. These indicated considered criteria are -outlined briefly as: 1) present cash value of the property; 2) highest and best use of the property; 3) location of property; 4) quantity and size of the property; 5).cost of the property and replacement of improvements; 6) condition of the property; 7) income for the property (considered, and not applicable); 8) net proceeds of the sale of the property, after deduction of fees and cost of sale, and deducting any personal property. The PA sales chart presentation and analysis includes commingling 100% selling price, and Market Value / Assessed Value is misleading. Once the 8th Criterion adjustment is made by the Magistrate to the sales prices to adjust for selling costs at 15%, the $/sfla range is from $175 to $311 / sfla. The Indian River County PA Department of Revenue DR -493 Assessment Roll 2017 percentage adjustment made to selling prices in arriving at Assessed Value is stated at 15% for residential properties. This indicated $/sfla is the expected range of values based on FS 193.11 (8). The PA Assessed Values of the 4 sales supports adjustments from plus 7% to minus 17% to the purchase prices of these properties. The information indicates inconsistency in the application of cost of sale by the PA. The application of the 8th Criterion appears to be arbitrary, although the PA indicates.that this was considered in the analysis of the subject Market/Just & Assessed Value. The petitioner provided adequate information that the PA analysis should be looked at more closely, and supported the appropriate sale price for the subject property at $350,000, a sale price ' $216/sfla. The 2016 sale price of the subject property indicates a Just Value of $297,500, or $184/sfla based on 8th Criterion adjustment made for cost of sale at 15%. The Market/Just/Assessed Value for the subject indicated by the PA at $468,268, ($298/sfla), is 34% higher than the subject 2016 sale price. The petitioners recent purchase of the subject property, and the PA sales, after adjustment for incorrect size and 8th Criterion are given weight in support of the value for the subject by the Magistrate. The sale of the subject supports,a Just Value of $184/sfla. The most comparable size sale, Sale #1, supports a just value of $221/sfla. Sale 2, when the adjusted increased living area size supports a just value of $175/sfla. Sales 3 and 4 are significantly superior in condition, and are not considered to be comparable with the subject. The information analyzed supports a market value / sale price for the subject property at $350,000, or $216/sfla, and Just Value / Assessed Value of $297,500 or $183/sfla. The PA sales support a $/sfla at $175 to $221/sfla when the most similar sales are considered. Based on the evidence presented, the PA Assessed/Just Value of the subject at $468,268 (4289/sfla) (85% of MV) or Market Value of $538,500 ($332/sfla) is not supported by the information presented. Based on the evidence presented, the Magistrate reconciles Market Value (100% Sale Price) for the subject petition parcel 2017-016, based on 1,622 square feet of living area at $350,000 ($216/sfla). The most relevant information is the recent purchase of the subject property, with this - 69 -