Orange County NC Website
Docusign Envelope ID: B7F456FA-D17C-4C6B-AA5F-44C01B4312A8 <br /> Current Assessed Value $438,100 County Opinion $438,100 <br /> Time of Hearin 1:06 PM Appellant Opinion $400,000 <br /> County Representative Cyle Anderson Board Decision $438,100 <br /> Evidence submitted by the appellant: <br /> • The appellant provided one comparable sale,2506 Summit Drive,to support their opinion of <br /> value. This property was visited by the County to verify physical characteristics and to take <br /> photos. This sale is in the same neighborhood and on the same street as the subject property. <br /> This comparable sale sold in September of 2022 for$425,000. The appellant notes that this <br /> property has 2322 square feet, compared to only 1600 square feet for the subject property. It <br /> should be noted that MLS records from the 2020 sale of the subject property indicate that the <br /> house has 1683 square feet. County records have the subject with 1676 square feet. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 2419 Summit Drive in Hillsborough. It is part of the <br /> Beckett's Ridge Subdivision. The County performed a sales analysis of comparable homes sold <br /> in the subject's neighborhood. All of the comparable sales were close in proximity and size, <br /> with identical lot values, and all were sold in 2024,giving a more accurate reflection of the <br /> market as of January 1,2025. The price per square foot of these sales are all in line with that of <br /> the subject property. Due to economies of scale,the structures with more square footage have a <br /> lower price per square foot. This is why the subject's price per square foot is slightly higher <br /> than the average. After review of the subject property and after analyzing the comparable <br /> sales,the County recommends no change to the current assessment of$438,100. <br /> • GIS Aerial Photo <br /> • Photographs of Subject <br /> • Current Property Record Card of Subject <br /> • Sales Analysis <br /> Motion of the Board Accept the Coun 's recommendation of no change in value <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 Kirk Hasenmueller Appellant(if different) <br /> Property Address 130 S Estes Drive,Unit Parcel H)or Abstract 9799028061.102 <br /> J10 <br /> Statement of Appeal: Request a reduction in value based on the condition of the unit and lack of <br /> renovations to unit after flooding. <br />