Orange County NC Website
Docusign Envelope ID:79BFA323-6A76-4F1A-BD2E-B226A3EF016C <br /> Property Owner James E. Cates Et al Appellant(if different) <br /> Property Address Vacant land-15.73 acres Parcel ID or Abstract 0900248697 <br /> near Sawyer Road <br /> Statement of Appeal: Request a reduction in value due to the property being landlocked and based on a <br /> comparable sale. <br /> Current Assessed Value $155,000 County Opinion $129,200 <br /> Time of Hearin 1:48 PM Appellant Opinion $56,000 <br /> County Representative Kelly Wells Board Decision $129,200 <br /> Evidence submitted by the appellant: <br /> • The property is LANDLOCKED. There is no easement to the property. The property should be <br /> evaluated as timber land. <br /> • Recent Purchase: Parcel number 0900466064 sold for$25,000, sale date 19 APR 23. <br /> Evidence submitted by the county representative: <br /> • The subject property is 15.73 acres of vacant land in Little River near Sawyer Rd. The parcel is <br /> landlocked with no legal easement for access. The County recommends increasing the land <br /> adjustment from-40%to-50% for access,creek, and low lying land to be more comparable to <br /> the adjacent parcel that is also land locked with a-50%land adjustment. <br /> Note: the sale referenced in the appeal is across two counties and only a portion of the parcel is <br /> in Orange County. It is not considered a qualified sale. <br /> • GIS map <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$129,200 <br /> Made the motion Tony Blake <br /> Seconded the motion Richal Vanhook <br /> Voted For Barbara Levine <br /> Voted Against <br /> Property Identification: <br /> Property Owner Young Whang ellant(if different) <br /> Property Address 1824 Spring Overlook Parcel ID or Abstract 9874839135 <br /> Lane <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $781,000 County Opinion $755,800 <br /> Time of Hearin 1:50 PM Appellant Opinion $734,600 <br /> County Representative Kelly Wells Board Decision $755,800 <br /> Evidence submitted by the appellant: <br />