Orange County NC Website
Docusign Envelope ID:4BCE365B-A04B-45C9-8961-6F57FBB6CAC1 <br /> • To compensate for the lack of upgrades,the subject's effective year built was reduced to 1985. <br /> These changes resulted in a reduction of the assessed value. The County recommends reducing <br /> the assessed value of the subject property from$126,100 to $116,400. <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$116,400 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For Leon Meyers <br /> Voted Against <br /> Property Identification: <br /> Property Owner Walter H.Whitlock Appellant if different <br /> Property Address 510 Rid eview Lane Parcel ID or Abstract 19776094394 <br /> Statement of Appeal: Request a reduction in value based on foundation issues and water lines that need <br /> replacement. <br /> Current Assessed Value $830,000 County Opinion $781,000 <br /> Time of Hearin 1:42 PM Appellant Opinion $780,000 <br /> County Representative Louise Benson- Board Decision $781,000 <br /> Lochner <br /> Evidence submitted by the appellant: <br /> • Foundation cracks are present due to settlement and polybutylene water lines will need to be <br /> removed and replaced. <br /> Evidence submitted by the county representative: <br /> • On May 20,2025 a site visit was conducted. The taxpayer allowed the appraiser access to the <br /> basement to observe the foundation cracks and polybutylene water lines. These items are in <br /> existence per the taxpayer pictures provided and the pictures taken while on site. While these <br /> components have not failed,they are considered to be of lower quality construction materials <br /> that have the ability to affect the overall market value of the home due to repair/replacement <br /> being required eventually. For this reason,the current effective year built of 2005 should be <br /> reduced to the actual year built of 1993. This change would reduce the current value of the <br /> property from$830,000 to$781,000. <br /> • Current Property Record Card of Subject <br /> • Photos of exterior of home,basement cracks,water pipes <br />