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The subject is in original interior condition, very dated, with inferior quality to that generally found in this neighborhood. All of the sales are superior location, and/or quality and smaller living area size. A $/sfla value for the subject is appropriate at a lower value than indicated by any of the sales but the subject sale. The subject sale is in 2019, was exposed on the market for an adequate period of time, and is between parties that are not affiliated. The PA Just Value for the sales provide diverse adjustments for cost of sale, (the difference between the Sale Price and Just Value) from 73% to 90%. Since the PA adjustments to the Sale Prices are diverse, the Magistrate will use 15%, as indicated by the Petitioner information for the Property Appraiser, Wesley Davis for all use codes on the DR -493 Adjustment made to recorded selling prices of Fair Market Value in arriving at Assessed Value. Sec 193.011(8) and 192.001(18) Florida Statutes Rule 12D-8.002(4), F.A.C. 15% is within the range of adjustments to properties in the subject neighborhood by the PA. The Just Value currently indicated by the PA for the subject property at $1,819,138, or $271/sfla is higher than appropriate for the subject property. The Petitioner has provided sufficient evidence and testimony to provide a preponderance of evidence that the Property Appraiser's just value does not represent just value of the subject property. Based upon this evidence the Property Appraiser's presumption of correctness is overcome. The recent sale price of the subject property is given full weight in the analysis by the Magistrate. The subject 100% sale price was at $1,300,000, supporting a Just Value of $1,105,000. Therefore, the petition is granted. Conclusions of Law for Petition 2020-019: Conclusion of Law: Conclusion of Law: The evidence submitted by the Property Appraiser and Petitioner is deemed relevant and admissible, with no objections raised by either party. The evidence for both parties was admitted. Based on the evidence and testimony presented at the hearing, the Property Appraiser lawfully considered the eight criteria of FS 193.011, and did present sufficient evidence to establish a presumption of correctness. However, the Petitioner provided sufficient evidence and testimony to prove by a preponderance of evidence that the Property Appraiser's just value does not represent just value of the subject property. Based upon this evidence the Property's presumption of correctness is overcome. The Petitioner produce sufficient evidence that the Property Appraiser's value exceeds Just Value based on the FS 193.011 - (1) Present cash value of the property, which is the amount a willing purchaser would pay a willing seller, exclusive of reasonable fees and cost of purchase; (4) The quantity or size of said property; (6) condition of said property; and (8), The net proceeds of the sale of the property, as received by the seller, after deduction of all of the usual and reasonable fees and costs of the sale. Therefore the petition is granted. 2020-019 Page 7 of 7 - 11 -