2021_08_24 BOER MINUTES - Laserfiche WebLink

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DocuSign Envelope ID:67AF45A6-6792-466B-A530-32D705D517AA stormwater issues with flooding from neighboring properties and evasive species of plants are overgrown on the property. Bill Hiltbold represented the County and stated that the residence is classified as a two-to-four family dwelling since the dwelling has two electric meters and the basement could be rented as an apartment. Mr. Hiltbold noted that the subject lot is a steep sided ravine as evidenced from a photograph of the garage on tall columns. Orange County proposes removing the+25% size adjustment to the land value thereby reducing the land value by$95,000. The total property value would decrease from$768,700 to $673,700,just$7,700 above its value before the 2021 countywide revaluation. 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 revised value of$673,700. Ms. Levine seconded the motion and the motion carried. Yes: 3 Noes: 0 KEMPTER PIN 9788246792 Bryan Kempter appeared before the Board to appeal the valuation of the property located at 307 McCauley Street, Chapel Hill. The current assessed value of the property is $757,800. A list of evidence follows: APPELLANT COUNTY 9788246792 Appeal 9788246792 County The appellant is requesting that the Board reduce the valuation citing the fact that this property was built in the 1920's and was last renovated in the 1970's including being divided into front and rear condos. The appellant stated that the Town has several restrictions on how the property can be used, and the condominium's declaration of covenants also has a list of restrictions. The appellant stated that he tried selling property and he listed the subject property for$239,000 in the mid-1990's and the property was shown for two months. The appellant stated he was unable to sell due to buyers wanting a detached house that did not have restrictions, investors were not interested due to limitations, and the appellant has only been able to lease the unit. The appellant provided three comparable sales in the area and noted that unlike the subject,the three comparable sales have been upgraded. The appellant stated that 445 McCauley Street has a.48 acre lot and is assessed at$495,000,and the appellant feels the .25 acre lot of 307 McCauley Street should be assessed at$250,000 based on the sales provided. Bill Hiltbold represented the County and stated the property is currently classified as a two-to-four family residence. There are two electric meters side by side on the west wall but the front unit is on a separate lot from the subject.Mr. Hiltbold stated that the property is best classified as a rooming house for several students to rent rooms as the subject has one kitchen, four baths, and eight bedrooms. Mr. Hiltbold referred the Board to a plat for the subject where the property line zigzags through the building along the common firewall with the subject property labeled"Unit B". Floor plans filed with the recorded plats show two bathrooms of the attached home to the north extending into the subject dwelling and appear to be partitioned with a renovation in February of 1977. This encroachment is labeled as LQ (living quarters)on the sketch. Mr. Hiltbold stated that as best as he could measure from the plans,the third floor has approximately 1,081 square feet of living area and is labeled as US70 on the revised sketch.