Orange County NC Website
Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 <br /> JD Power(NADA) $12,825; KBB $9,363; Truecar.com$15,143 (average of 16 vehicle <br /> sales); cars.com $12,724(average of 14 sales); kbb.com/cars for sale$14,112(average of 8 <br /> sales). <br /> Average value of all 5 above is$12,833,which is within reason of DOR/TEC assessed value of <br /> $13,200. <br /> • There was no mention or documentation to adjust based on high mileage or damage. <br /> • The assessed tax value is based on market value and is revalued each year. <br /> • The Kelly Blue Book value provided by appellant is for trade in. <br /> • The offer from CarMax is what they will pay her for her vehicle,which is not current market <br /> value. <br /> • NCDMV highway use tax values are based on wholesale values. <br /> Motion of the Board Revise value to $12,833 <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 Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior <br /> Labs 1 LLC Manager, Commercial <br /> Property Tax <br /> Ryan LLC <br /> Property Address 214 West Franklin Street Parcel ID or Abstract 9788262798 <br /> Statement of Appeal: Request change in value to $1,007,072. <br /> Current Assessed Value $1,144,400 County Opinion $1,144,400 <br /> Time of Hearin 1:15 PM Appellant Opinion $1,007,072 <br /> County Representative Kelly Wells Board Decision $1,144,400 <br /> Evidence submitted by the appellant: <br /> • No evidence submitted by appellant. <br /> Evidence submitted by the county representative: <br /> • No change in value due to no evidence or reason submitted by appellant. <br /> • Property Record Card. <br /> • Photo of subject property. <br /> • Aerial photo of subject property. <br /> Motion of the Board I Accept the Coun 's recommendation of no change in value <br />