In re Appeal of Gene A. Dickey and Deborah A. Dickey from Forsyth County Board of Equalization and Review for 1990

The facts pertinent to this appeal are as follows: On 28 October 1988, Gene A. Dickey and his wife, Deborah A. Dickey (the
Dickeys) purchased a lot and a newly constructed house in Winston-Salem, North Carolina, for $272,500.00. The Dickeys submitted
their "1989 Property Tax Listing" on 17 January 1989. The Dickeys' 1989 tax bill from the Forsyth County Assessor's Office
(the Assessor) assessed the Dickeys for real property valued at $37,500.00.