Base Values Tab
Appraisal — Commercial Appraisal — Base Values (tab)
There may be more than one record. To view subsequent records use the 
buttons.
PLEASE NOTE: DIRECTLY AFTER CONVERSION TO LANDMARK, A COMMERCIAL SITE WITH MULTIPLE BUILDINGS WILL HAVE MULTIPLE RECORDS, A RECORD FOR EACH BUILDING. A single record for that site will only exist after conversion if there is one building, parcel is new and entered after conversion or if the user updates the site plan after conversion. See the examples below.
One building on site.
Two buildings on site.
Notice two appraisal records. The total appraised value from each will show in the Appraisal Summary Tab in the Assessment Record.
Record Info
Appraisal ID: Each appraisal record is assigned its own Appraisal ID
Source: Shows the type of property and the assessment assigned (real, personal etc.). This is generated from the Source Table.
Account Status: The status of the account
Record Status: Status of the individual appraisal record
Review Code: Review Codes are county specified and can be used to group certain accounts together. For more information see the Review Code Table.
Assigned Appraiser: If an appraiser is assigned to a specific group of parcels, the appraiser initials would show here.
Appraisal Info
Record: Shows which record number is currently open and how many records are linked to that specific assessment record.
Group: This field is a county specified field and is used to group a collection of accounts together. This is a free input code.
The Owner’s Name, Legal Description, and Parcel Location are all derived from the Parcel File.
New Construction
Partial Complete: Oklahoma doesn’t value percentage amounts. However, some counties use this box to value percentage complete when building back after a tornado or fire. Enter as a decimal 50%=.5
Developer Deferment: By checking the Developer Deferment box, the system will calculate a percentage of new construction value specified in the Assessor’s Set Up or the Lot Model Table.
New Construction Year: The New Construction Year is the year that the new construction will be added onto the Parcel’s total value.
Building New Construction: Commericial Building new construction amount that will be added to the parcel’s total value.
Outbuilding New Construction: Miscellaneous Improvements new construction amount that will be added to the parcel’s total value.
Mobile Home New Construction: The amount of Mobile Home new construction that will be added to the parcel’s total value.
Valuation Method
Cost Approach: The value the system derived based on NBC Craftsman components.
Comparable Sales: The value the system derived based on the Comparable Sales approach.
Income Approach: The value generated from Income approach in the Maket/Income tab — Income Approach area.
Correlated Value: The value the user inputs that puts a flat rate value on an account, based on a reconciliation of value from the approaches used.
Parcel Location box shows information on the sources of parcel location.
Current Valuation
AgLand Market: The value the system derived based on the AgLand data.
Lot Value: The value the system derived based on the lot model, size and adjustments.
Impr Value: The system derived value based on the NBC Craftsman components of all improvements listed on the Residential Data tab.
Agland Use: The system derived value based on the use value in the Ag Land Table in the Land Value Tab.
Outbuildings: The total Site Improvement value from the Site Improvements tab.
Total Value: The total value from all sources listed above.
Entrance History
The Entrance History is used to track when parcels have been inspected and when the data was entered into the system. To find a listing of properties that HAVE NOT been inspected or entered see Inspections Listing Entrance History is also used for audit purposes. CLICK on Entrance Codes for more information. CLICK on Appraiser Codes for more information.
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