Orange County NC Website
Docusign Envelope ID:6AD483F6-9814-4C69-82F6-OAAFE1C62AB1 <br /> Current Assessed Value $74,600 County Opinion $21,900 <br /> Time of Hearin 2:04 PM Appellant Opinion $30,000 <br /> County Representative KellyWells Board Decision $21,900 <br /> Evidence submitted by the appellant: <br /> • Property does not perc. <br /> Evidence submitted by the county representative: <br /> • This property was appealed during the informal period,and a-15%topography adjustment was <br /> added because no perc documentation was provided at that time. This adjustment reduced the <br /> value to $74,600. <br /> • The subject property is .92 acres located on the corner of NC 54 W and Hatch Rd in Chapel <br /> Hill. Based on the documentation provided by the appellant from the Orange County Health <br /> Department,the County recommends removing the -15%topography adjustment, as <br /> topography is part of the reason for the non-percable site and adding a-75%perc adjustment. <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept the County's revised value of$21,900 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Sam Salvi <br /> Voted For Leon Meyers <br /> Voted Against <br /> Property Identification: <br /> Property Owner Yang Yang Appellant(if different) <br /> Property Address 1 10 16 Highgrove Drive Parcel ID or Abstract 19777876025 <br /> Statement of Appeal: Request a reduction in value based on comparable sales located in the same <br /> neighborhood. <br /> Current Assessed Value $406,000 County Opinion $406,000 <br /> Time of Hearing 2:08 PM Appellant Opinion $350,000 <br /> County Representative Kelly Wells Board Decision $406,000 <br /> Evidence submitted by the appellant: <br /> • There are three same-footprint units in our townhome community sold in this revaluation <br /> cycle. 908 Highgrove Dr was sold for$340,000; 916 Highgrove Dr was sold for$390,000, and <br /> 1008 Highgrove Dr was sold for$357,000. The average sale value is $362,333, and the median <br /> sale value is $357,000. After removing the potential price-reduction or repair credit from the <br /> listed sale price, I believe my unit should worth$350,000 to$360,000. The suggested similar <br />