Bakel v. Bernalillo County Assessor

OPINION

ANDREWS, Judge.

In a protest before the Bernalillo County Tax Protest Board, Appellant, William P. Bakel, sought to protest his 1979 tax valuation. The valuation, $69,348.00, was placed on the property in 1976. Appellant argues that the 1976 purchase price of $67,500.00 which included retirement of a second mortgage, a sewer lien of $382.01, and the purchase of chattel valued at over $1,000.00, demonstrates that the assessment was patently incorrect. He argues that the Board erred in applying the comparable sales method of determining market value. He concludes that the correct…