Minutes

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 11 of 18

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 10 of 18

In brief, the board finds Mr. Gardner’s use of the prior sale of the Property and the sale of
51 Berkeley Street to be questionable at best. Mr. Gardner would have arrived at much lower
market value conclusions had he not chosen to use those sales as comparables.

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 9 of 18

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 8 of 18

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 7 of 18

Further, the board finds he used at least one comparable sale that was inappropriate and its
inclusion skewed the resulting market value opinion substantially.

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 6 of 18

evidence, support a finding the 2014 sale price is not a reliable indicator of the Property’s market
value in tax years 2018 and 2019.

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 5 of 18

/ 0.888), for tax years 2018 and 2019, respectively. The board finds the Taxpayer carried this
burden.

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 4 of 18

The parties agreed the level of assessment was 94.8% in tax year 2018 and 88.8% in tax
year 2019, the median ratios calculated by the department of revenue administration. (Cf. 2018
Request No. 6 and 2019 Request No. 4.)

Board’s Rulings

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 3 of 18

Laurie A. Ortolano Trust v. City of Nashua
Docket Nos.: 29472-18PT/29699-19PT
Page 2 of 18