Orange County NC Website
0012:6 <br /> 4 <br /> . - <br /> ORANGE COUNTY BOARD OF COUNTY COZEUSSIONMS <br /> TAX APPEALS <br /> Mr. Arthur Hurow <br /> 1020 Pinehurst Drive <br /> Chapel Hill, N. C. 27514 <br /> Chanel Hill Township, Tax Nap 5433, Block C, Lot 14 <br /> 1981 Valuation: <br /> Land: $47,520 <br /> Improvements: $83,466 <br /> Total: $130,906 <br /> Recommendation: A visit was made to Mr. Hurow's property November 13, 1981. It <br /> was found that an error in pricing method was made on this appraisal. <br /> By correcting this error the value of the lot would be reduced from <br /> $47,520 to $42,689. I would also recommend that an additional 5% <br /> adjustment be given this lot for topography. Mr. Hurow's lot has a <br /> drainage problem in front of his house. A ditch has had to be dug <br /> to take care of this problem and one would conclude that this lot <br /> is not as desirable as another lot in the neighborhood without this <br /> problem. <br /> Impact: By correcting this error and giving a 5.;; topography adjustment <br /> the value of this lot would be $40,554 giving a total value <br /> to house and lot of $124,020. <br /> -27 <br />