Orange County NC Website
DocuSign Envelope ID:8CA5849B-B380-455F-8C08-8BA4656DC33A <br /> Motion of the Board Accept untimely application for Present Use Value <br /> Made the motion Tony Blake <br /> Seconded the motion Barbara Levine <br /> Voted For Leon Meyers <br /> Voted Against <br /> Property Identification: <br /> Property Owner Maximo and Alberta Cruz Appellant(if different) <br /> Property Address 8607 High Rock Road Parcel ID or Abstract 19827459269 <br /> Statement of Appeal: Request to revise assessed value to $40,000 due to the condition of the building <br /> and the irregular shape of the land. <br /> Current Assessed Value $98,300 County Opinion $52,000 <br /> Time of Hearin 1:05 PM Appellant Opinion $40,000 <br /> County Representative Scott Zeman Board Decision $52,000 <br /> Evidence submitted by the appellant: <br /> • The subject property was purchased for$40,000 on 2/16/2024. The building value should be <br /> adjusted due to the fact that it is currently unlivable. The land value should be adjusted due to <br /> the parcel's irregular shape. <br /> Evidence submitted by the county representative: <br /> • A land value adjustment of-25% should be applied to account for the property's irregular <br /> shape,topography, and presence of power lines. The adjusted land value would be $47,900. <br /> • Additional physical depreciation in the amount of 90%should be applied to the residence to <br /> account for physical deterioration and the unlivable status of the residence. The adjusted <br /> building value would be$4,100. <br /> • The adjusted total value would be $52,000. <br /> • Aerial photograph <br /> • Photographs of residence(3) <br /> • Subject current and recommended property cards <br /> Motion of the Board Accept the County's revised value of$52,000 <br /> Made the motion Barbara Levine <br /> Seconded the motion Tony Blake <br /> Voted For Leon Meyers <br /> Voted Against <br />