2021_11_03 BOER MINUTES - Laserfiche WebLink

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DocuSign Envelope ID:3588B60B-B62E-42C8-8119-822971AA21D6 three or so years ago which put the appellants in a small encroachment. Appellants realize through looking into deeds that there was a public notice merge about the 158 square foot piece of land that Scott- Heyers deeded to the appellants but there was a mistake on this document that merged all their land with the appellants rather 158 square feet. Hence the conclusion that the 4.84 acres is a buildable lot with a house upon it. Cyle Anderson presented evidence submitted by the appellant and represented the County. The subject property is located off Trout Lily Lane in Chapel Hill. The appellant's opinion of value is $30,400 based on the lot being overvalued in its current condition due to a number of factors. After reviewing the property and property characteristics the County recommends removing the house that was incorrectly placed on this vacant lot,removing the home site,in addition applying a-75% adjustment to the land for an unbuildable lot. These changes resulted in a revised value of$40,500,which the County recommends for the subject property. 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 valuation of$40,500. Mrs. Levine seconded the motion and the motion carried. Yes: 3 Noes: 0 BROADWELL PIN 9769172030 Annette Broadwell appeared before the Board appealing the value of property located at 9101 Trout Lilly Lane, Chapel Hill. The current Orange County assessed value is $523,300. A list of evidence follows: APPELLANT COUNTY 9769172030 Appeal 9769172030 County The Appellant bought the subject property in the 90's with no access to the public road. Mrs. Broadwell is appealing the value due to the subject property being unbuildable. Appellant had to purchase parcel 9769165982 for the 4.84 acres along with the subject property of 10-acre tract to make one buildable lot, due to septic field being part of both parcels. Cyle Anderson presented evidence submitted by the appellant and represented the County. The appellant's opinion of value is$109,000 for the land portion of the assessment. The land is currently assessed at$218,900. The appellant states that most of the land is not buildable or usable. After reviewing this property and other comparable land sales, it is recommended that the Board increase the land adjustment from-10%for access to-25% for access and topography. After making the changes to the subject,the value was reduced to $487,800 and the land was reduced to $183,400. The County recommends a revised value of$487,800. 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$487,800. Mrs. Levine seconded the motion and the motion carried.