C Barksdale 81 N Parker Rd Board of Review Letter 3-8-2026.pdf

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CONFIDENTIAL - NOT ENCRYPTED

March 8, 2026 

Chad & Lisa Barksdale 

81 N Parker Rd 

Dexter MI 48130 

 

This property was purchased May 30, 2025, for a price of $600,000, as noted on in the 

township’s and county’s records, see attached. The price paid for the residence was based 

on the age, condition and other factors about the house. The purchase price represents 

the true market value of the residence. Since the purchase price is the current market 

value, the Assessed value should not be higher than 50% of the purchase price. 

As stated on the Notice of Assessment, “State Equalized Value is the Assessed Value 

multiplied by the Equalized Factor, if any. State Equalized Value must approximate 50% of 

the market value”. Further in the Notice of Assessment it states “ Your Taxable value cannot 

be higher than your Sate Equalized Value”. 

The value that my property should be Assessed and Taxed at is $308,100. This is calculated 

by: (50% of the purchase price $600,000 in 2025) $300,000 times the 2026 inflation rate 

multiplier 1.027 ($8,100) which equals $308,100. 

Also, there were several other properties sold in the surrounding area with similar square 

footage and lot sizes with an average sales price around $500,000. These properties are: 

881 N Steinbach Rd Dexter sold for $550,000, 1095 N Parker Rd Dexter sold for $575,000, 

8532 Hathorn HI Dexter sold for $406,500, 8123 Cypress Cir Dexter sold for $365,000, 989 

Marshall Ct sold for $514,999, 1515 N Steinbach Rd sold for $337,500, 11240 Trinkle Rd 

Dexter sold for $600,000, 2141 N Parker Rd Dexter sold for $577,000, and 9360 Dexter 

Chelsea Rd Dexter sold for $553,000. These sales confirm that a fair market value was paid 

for this property and that the Assessed and Taxable values should be set as noted above. 

 

Thank you 

Chad Barksdale