Orange County NC Website
DocuSign Envelope ID:829287C5-347E-4858-A71B-9A76931379611 <br /> Yes: 3 <br /> Noes: 0 <br /> STEPHENS PIN 9798345972.065 <br /> Roger Stephens elected not to appear before the Board and requested that the submitted documentation <br /> serve as the appeal. The appellant is appealing the valuation of the property located at 4501 Enivron Way, <br /> Chapel Hill. The current assessed value of the property is $275,800. A list of evidence follows: <br /> APPELLANT COUNTY <br /> 9798345972.065 Appeal 9798345972.065 County <br /> The appellant is requesting that the Board lower the valuation of the property to $260,000. This opinion <br /> of value was based on the value changes of other condominiums in the building from the 2021 <br /> revaluation. The appellant stated that in addition to the aforementioned values of other properties,the <br /> lack of aesthetic characteristics for the subject property and the concentrated number of Community <br /> Home Trust properties in the 4000 Building is also a determining factor for the appellant's opinion of <br /> value. <br /> Kelly Wells represented the County and stated that the subject property is a 972 square foot end unit <br /> condominium located on the top floor of the 4000 building in the East 54 Condominiums complex in <br /> Chapel Hill. Ms. Wells noted that while working a previous informal appeal in the same condominium <br /> complex, it was brought to the County's attention the correlation between sale prices and the locations <br /> and/or views of individual properties. The County,with the direction from the Board, adjusted the grades <br /> and construction modifiers to the properties within buildings 2000, 3000, and 4000. These adjustments <br /> were applied to the subject property: the grade was changed from AA05 to AA and the construction <br /> modifier design factor was reduced to .90. Based on these changes already made,the County <br /> recommends no additional change in value for the property. <br /> The Board reviewed all documents and information provided by the appellant and the County. After <br /> deliberation and review,Mr. Beattie made a motion to accept the County's recommendation of no change <br /> in value for the property. Ms. Levine seconded the motion and the motion carried. <br /> Yes: 3 <br /> Noes: 0 <br /> ISAACS PIN 9739008313 <br /> Coy Isaacs appeared before the Board to appeal the County's denial of the Present Use Value application <br /> submitted for the property located at 6516 Morrow Mill Road, Chapel Hill. A list of evidence follows: <br /> APPELLANT COUNTY <br /> 9739008313 Appeal 9739008313 County <br /> The appellant is requesting that the Board accept the untimely filing of the Present Use Value application. <br /> The appellant stated that the reason for the late submittal of the application was due to personal matters <br /> and a miscommunication between the closing attorney and the Tax Office. <br />