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Docusign Envelope ID:286CD4C8-ACFC-47D3-955A-01D71CF51158 <br /> • The home was built in 1960 and currently is being assessed as being in Average Condition <br /> with an effective year built of 1990(35 yrs.). Cosmetic and structural appearances of the <br /> property would reflect this being a correct overall estimate of the effective year built. <br /> • Pictures of the outbuildings show the current values of$1,600 and$1,200 are appropriate. <br /> • Current Property Tax Card <br /> • Photos of home interior&exterior <br /> • Photos of two yard items <br /> Motion of the Board Accept the County's recommendation of no change in value <br /> Made the motion Richal Vanhook <br /> Second the motion Saru Salvi <br /> Voted For <br /> Voted Against Leon Meyers <br /> Property Identification: <br /> Property Owner Teresa T. McMillan Appellant(if different) <br /> Property Address 218 Richmond Road Parcel ID or Abstract 19844299716 <br /> Statement of Appeal: Request a reduction in value based on the condition of the home. <br /> Current Assessed Value $255,600 County Opinion $247,800 <br /> Time of Hearin 1:27 PM Appellant Opinion $160,000 <br /> County Representative C le Anderson Board Decision $243,000 <br /> Evidence submitted by the appellant: <br /> • The appellant is appealing their assessment based on the home's condition and the fact that <br /> there are not many sales,other than 402 Richmond Road,which sold in 2021. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 218 Richmond Road in Mebane,NC.After physically <br /> inspecting the property,the County recommends the following physical changes: change the <br /> deck to an open porch, change the foundation under the attached addition from masonry to slab <br /> and lower the effective age from 1996 to 1991.A sales analysis was completed using the only <br /> recent sale in the subject's neighborhood code. Two other comparable sales were added from <br /> an adjacent neighborhood,neighborhood code 3005. The comparable sales, specifically <br /> comparable sale#3,had far more updates than the subject property. For this reason,the price <br /> per square foot is higher for the comparable sales when compared to the subject property. <br /> Being in the subject's neighborhood code and having the same amount of heated square feet, <br /> comparable sale#1 is most like the subject. The comparable sale provided by the appellant, <br /> 402 Richmond Road,is an unqualified sale. After review,the County recommends revising the <br /> value of the subject property to $247,800. <br /> • BOER Summary <br /> • GIS Aerial Photo <br />