Orange County NC Website
Docusign Envelope ID:4BCE365B-A04B-45C9-8961-6F57FBB6CAC1 <br /> • Aerial Photo <br /> • Hillmont Condos Sign Photo <br /> • Hillmont Condos Community Pool Photo <br /> • Front and Rear Photo of Subject <br /> • Current Property Record Card of Subject <br /> • Proposed Property Record Card of Subject <br /> Motion of the Board Accept the Coun 's revised value of$92,200 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For Leon Meyers <br /> Voted Against <br /> Property Identification: <br /> Property Owner Andi Judith Morgan Appellant(if different) <br /> Property Address 124 Fidelity Street,Unit Parcel ID or Abstract 9778561748.039 <br /> 21 <br /> Statement of Appeal: Request a reduction in value based on the condition of the unit. <br /> Current Assessed Value $126,100 County Opinion $116,400 <br /> Time of Hearin 1:40 PM Appellant Opinion $105,000 <br /> County Representative C le Anderson Board Decision $116,400 <br /> Evidence submitted by the appellant: <br /> • The appellant states that the overall condition of this unit makes it inferior to most condos in <br /> this building. The appellant states that this unit#21,is the in the best shape in terms of <br /> condition of the three units that have been appealed today. The appellant adds that this unit has <br /> dated finishes throughout. This unit is also in need of both bathroom and kitchen upgrades to <br /> become as nice as other units in this building. The appellant provided a detailed breakdown of <br /> these condition issues and also provided interior photos as supporting documentation. Please <br /> refer to the notes and photos for unit 21. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 124 Fidelity Street,Unit 21, in the Hillmont Condominium <br /> project in Carrboro. The County recently visited these condominiums for exterior observation <br /> and photos. The appellant's supporting documentation was thoroughly reviewed. These <br /> documents and photos reveal a unit with few interior updates. The County also performed a <br /> sales analysis of comparable units that have recently sold in the subject's condominium project. <br /> This sales analysis includes the sale of the subject. This unit sold in 2022 for$90,000. <br /> However,this sale was one of three other units that were offered as part of an estate sale. <br /> Therefore,when considering the value for this unit,that sale received less consideration. This <br /> recommendation is based primarily on the unit's condition at the time of sale. <br />