Orange County NC Website
Browse       Search
Form SUP - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE <br />24030022 <br />TRIANGLE LAND CONSERVANCY <br />3055 New Hope Church Rd <br />Chapel Hill ORANGE NC 27514 <br />TRIANGLE LAND CONSERVANCY <br />PLEASE NOTE: THE PROPERTY ADDRESS INDICATED IS FOR LOCATION PURPOSES ONLY. THE SUBJECT OF THIS ANALYSIS IS THE <br />MARKET AREA SURROUNDING BRUMLEY NATURE PRESERVE LOCATED AT 3055 NEW HOPE CHURCH RD CHAPEL HILL, NC 27514. <br />THE BRUMLEY NATURE PRESERVE AND SURROUNDING MARKET AREA WERE OBSERVED 03/29/2024. THIS ANALYSIS IS BEING <br />PREFORMED FOR THE SPECIAL USE PERMIT REQUIREMENTS FOR THE IMPACT ON SURROUNDING PROPERTY VALUES OF THE <br />PROPOSED USE, "SCHOOL HOUSE OF WONDER" CAMP, ACTIVITIES ON BRUMLEY NATURE PRESERVE. DATA SOURCES UTILIZED IN <br />THE DEVELOPMENT OF THIS ANALYSIS INCLUDE, BUT ARE NOT LIMITED TO; TMLS, PUBLIC RECORDS AND OFFICE FILES. THE <br />PROPERTIES USED IN THE MARKET ANALYSIS ARE CONSIDERED TO BE THE BEST AVAILABLE AS OF THE EFFECTIVE DATE NOTED <br />ABOVE. THE FOLLOWING DETERMINATIONS HAVE BEEN CONCLUDED UTILIZING AVAILABLE ON LINE DATA, TMLS AND COUNTY <br />PUBLIC RECORDS. <br />PER CONTACT, THE PROPOSED USE, "SCHOOL HOUSE OF WONDER" CAMP, HAS ACTUALLY BEEN UTILIZING THE PROPERTY SINCE <br />2018. PER CONTACT, THE USE BY THE CAMP WILL CONTINUE AS IT HAS HISTORICALLY WITH THE ADDITION OF THE SPECIAL USE <br />PERMIT. THE FOLLOWING DATA INDICATES THE RESIDENTIAL PROPERTY VALUES, LOW - HIGH - AVERAGE, FOR THE YEARS <br />INDICATED WITHIN THE 2 MILE RADIUS SURROUNDING 3055 NEW HOPE CHURCH RD CHAPEL HILL, NC 27514. <br /> LOW HIGH AVERAGE <br />2016-2017 - $30,000 $811,000 $287,075 <br />2017-2018 - $44,000 $795,000 $311,872 <br />2018-2019 - $35,000 $692,500 $297,314 <br />2019-2020 - $157,500 $810,000 $280,752 <br />2020-2021 - $100,000 $835,000 $283,808 <br />2021-2022 - $134,000 $2,500,000 $464,837 <br />2022-2023 - $140,000 $2,150,000 $515,708 <br />2023-2024 - $195,000 $1,300,000 $473,111 <br />2024-03/29/2024 - $482,000 $977,000 $719,666 <br />IT IS THE OPINION OF THE APPRAISER THAT THE AVAILABLE HISTORICAL AND CURRENT MARKET DATA DOES NOT INDICATE AN <br />ADVERSE EFFECTS ON THE SURROUNDING PROPERTY VALUES DUE TO THE SPECIAL USE INDICATED ABOVE. THERE ARE SEVERAL <br />TMLS LISTINGS THAT INCLUDE BRUMLEY NATURE PRESERVE IN THE AGENT COMMENTS AS ONE OF THE LOCAL PUBLIC <br />AMENITIES. <br />SEE THE INCLUDED PHOTOGRAPHS, PLAT MAP, AERIAL MAP. <br />INTENDED USERS: <br />THIS MARKET ANALYSIS HAS BEEN DEVELOPED PURSUANT TO THE REQUEST OF TRIANGLE LAND CONSERVANCY. TRIANGLE LAND <br />CONSERVANCY IS IDENTIFIED AS THE CLIENT AND THE INTENDED USER OF THIS ANALYSIS. NO ADDITIONAL INTENDED USERS ARE <br />KNOWN OR IDENTIFIED. <br />Market Analysis <br />Owner <br />Client <br />File No. <br />Property Address <br />City County State Zip Code <br />73