4201 lovejoy rd .pdf
Anthony Tolbert Petitioner V Township Of Antrim Respondent · 26-002906-TT
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Page 1
Comp sales Address finshed SQ FT above grade sale price $/sq ft 5203 N Bancroft rd durand 3000 615000 205 1551 E lovejoy rd perry 2824 480000 170 6400 preston rd howell 2665 435000 163 10125 chase lake rd fowlerville 2150 547000 254 7473 n gregory rd fowlerville 2392 632500 264 8066 s vernon rd durand 2840 474900 167 avg 204 Calculations based off comps & valvue add from cost to build Calcs case 1 based off comps $204 X 1300 sq ft = 265,200 265,200 x 0.5 = 132,600 Calcs case 2 based off cost per square foot to build 80% value add of $225/suare foot 8 x 225 = 180 180 x 1300 = 234000 234000 x .5= 117000 New taxable value based off average of calc 1 & 2. (132600 + 117000)/2 = 124800 151,102 +124,800 = 275,902