Orange County NC Website
Docusign Envelope ID: B7F456FA-D17C-4C6B-AA5F-44C01B4312A8 <br /> Evidence submitted by the county representative: <br /> • The County originally determined the square footage of the subject property from the <br /> condominium plat recorded in book P111/63-75. The plat lists a first floor area of 1,298 square <br /> feet and a second floor area of 847 square feet. <br /> • However,the floor plan provided by the appellant shows that a portion of the second floor is <br /> open to below. The plat does not account for this area and thus overstates the second floor <br /> square footage. The appellant's floor plan shows the second story is only about 50%of the area <br /> of the first story. <br /> • The County now calculates a first floor area of 1,313 square feet using rounded measurements <br /> from the plat and a 50%upper story of 657 square feet. The total is 1,970 square feet of <br /> finished area. <br /> • Photos of subject property-overhead and street level <br /> • Appellant's floor plan of unit 427 <br /> • Combined floor plan of unit 427 from condominium plat <br /> • Condominium plat-pages P111/69 and P111/70 <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$1,416,600 <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 Fangfang Liu Appellant(if different) <br /> Property Address 200 Laurens Way Parcel ID or Abstract 9870928945 <br /> Statement of Appeal: Request a reduction in value based on the assessed value of similar properties in <br /> the same neighborhood as well as the condition of the home. <br /> Current Assessed Value $622,500 County Opinion $623,200 <br /> Time of Hearin 1:25 PM Appellant Opinion $500,000 <br /> County Representative Bill Hiltbold Board Decision $623,200 <br /> Evidence submitted by the appellant: <br /> • Similar properties in our neighborhood have a lower tax assessment value. Previous tax <br /> assessment values have been below 400K for this property. The house has had water damage <br /> and requires maintenance. The finished square footage is 2,597. <br /> Evidence submitted by the county representative: <br />