2021_08_24 BOER MINUTES - Laserfiche WebLink

Browse Search

DocuSign Envelope ID:67AF45A6-6792-466B-A530-32D705D517AA PRASTER PIN 9864376078 Kirk Allen Praster elected not to appear before the Board and requested that the submitted documentation serve as the appeal. The appellant is appealing the value of the property located at 730 Latimer Street, Hillsborough. The current assessed value of the property is $238,300. A list of evidence follows: APPELLANT COUNTY 9864376078 Appeal 9864376078 County Cyle Anderson represented the County and stated that the appellant's opinion of value of the property is $225,000. The appellant states that the condition of the home's interior has deteriorated. The appellant also states that the roof needs repairs due to old and rotting sheathing.Neither photographs of interior and roof deterioration nor cost to cure were provided with this appeal. Mr. Anderson noted that the subject property was purchased in May of 2017 for$231,000 and prior to the purchase a 2016 building permit was issued for renovations at an estimated cost of$90,000. The following are comments from MLS for the 2017 listing of the property: "A bargain to behold! Two bedroom bungalow with attached and detached studios! Another Howard Stabb original! Maintenance free metal roof, Cypress and stucco exterior.Vaulted ceilings. Wood ceilings. Custom cabinets. Tile bathrooms. Wired detached studio for larger art projects which need their own space! Don't wait too long. An acre lot beside the city limits,but without the city taxes!" For reference the MLS number for this closed listing is 2093822. Enclosed with the County's evidence is additional MLS information from Fonville Morisey. Mr. Anderson provided a sales analysis performed by the County using similar homes and lots within the subject property's neighborhood. The average sales price per square foot as well as the median sales price per square foot are both well above the value per square foot of the subject property. For this reason, as well as the 2017 sales price and corresponding MLS information, the County recommends no change to the subject's valuation. The Board reviewed all documents and information provided by the appellant and the County. After deliberation and review,Mr. Beattie made a motion to accept the County's recommendation of no change in value for the property.Ms. Levine seconded the motion and the motion carried. Yes: 3 Noes: 0 FLOYD PIN 9779217534 Glenn Floyd elected not to appear before the Board and requested that the submitted documentation serve as the appeal. The appellant is appealing the value of the property located at 105 Dove Street, Carrboro. The current assessed value of the property is $384,600. A list of evidence follows: APPELLANT COUNTY 9779217534 Appeal 9779217534 County