Orange County NC Website
Docusign Envelope ID:9118E252-7751-474E-8952-D817992D4DAE <br /> Property Identification: <br /> Property Owner Joanna Simoni Appellant(if different) <br /> Property Address 104 Ivy Brook Lane Parcel ID or Abstract 19777892564 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $634,700 County Opinion $634,700 <br /> Time of Hearin 1:26 PM Appellant Opinion $493,000 <br /> County Representative Jimmy Milliken Board Decision $634,700 <br /> Evidence submitted by the appellant: <br /> • The revaluation price of my house is dramatically above the price per square foot of the homes <br /> most recently sold in my neighborhood: Cobble Ridge. These homes have yards twice the size <br /> of mine. The most recent sale in Cobble Ridge was less than 4 months before the revaluation: <br /> 103 Crofton Springs Place at$254/sq. ft. and on.55 acres with a full grass yard. Please note <br /> that it is in a cul-de-sac. In 2024, 101 Cobble Ridge Drive sold for$257/sq. ft. and is on.47 <br /> acres. It also has extensive professional landscaping and hardscaping(see photos)and <br /> renovations.My home is on .25 acres, and the current assessment is $317.5/sq. ft. This is a <br /> dramatically higher assessment per square foot than either home that has recently sold in <br /> Cobble Ridge and it is 1/2 the acreage (compared to $254/sq. ft. on .55 acres and$257/sq. ft <br /> .on.47acres) . Further,my front yard does not have an established lawn or any professional <br /> landscaping(see pics). It is NOT in a cul-de-sac. "Similar Property Sales" on this website <br /> include many homes from Southern Village and Kent Woodlands. Pricing is not comparable <br /> between Cobble Ridge and either Kent Woodlands or Southern Village,both of which are <br /> significantly more expensive neighborhoods. This is well-established,but please let me know <br /> if support for this point is needed. <br /> Evidence submitted by the county representative: <br /> • The subject property is a two story 1,999 square foot single-family residence constructed in <br /> 1994. <br /> • The property's current value is $634,700 for the 2025 county-wide reappraisal. <br /> • NBC 7480 has been lot valued, and values were based on sales from this neighborhood. <br /> • Current Property Record Card <br /> • Analysis of Equity Report 2023-2025 <br /> • Comper Report 2023-2025 <br /> • Sales Analysis Report 2021-2025 <br /> • Sales Analysis Report for the most recent sales 2023-2025 <br /> Motion of the Board Accept the County's recommendation of no change in value <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For Leon Meyers <br /> Voted Against <br />