(2) The auditor shall:

1. (a) file one notice with the commission;

2. (b) certify and transmit to the commission:

   1. (i) the minutes of the proceedings of the county board of equalization for the matter appealed;
   2. (ii) all documentary evidence received in that proceeding; and
   3. (iii) a transcript of any testimony taken at that proceeding that was preserved; and
3. (c) if the appeal is from a hearing where an exemption was granted or denied, certify and transmit to the commission the written decision of the board of equalization as required by Section 59-2-1102.

(3) In reviewing the county board's decision, the commission may:

1. (a) admit additional evidence;
2. (b) issue orders that it considers to be just and proper; and
3. (c) make any correction or change in the assessment or order of the county board of equalization.

(4) In reviewing evidence submitted to the commission by or on behalf of an owner or a county, the commission shall consider and weigh:

1. (a) the accuracy, reliability, and comparability of the evidence presented by the owner or the county;
2. (b) if submitted, the sales price of relevant property that was under contract for sale as of the lien date but sold after the lien date;
3. (c) if submitted, the sales offering price of property that was offered for sale as of the lien date but did not sell, including considering and weighing the amount of time for which, and manner in which, the property was offered for sale; and
4. (d) if submitted, other evidence that is relevant to determining the fair market value of the property.

(5) In reviewing the county board's decision, the commission shall adjust property valuations to reflect a value equalized with the assessed value of other comparable properties if:

1. (a) the issue of equalization of property values is raised; and
2. (b) the commission determines that the property that is the subject of the appeal deviates in value plus or minus 5% from the assessed value of comparable properties.