2025_08_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:79BFA323-6A76-4F1A-BD2E-B226A3EF016C • It seems like the square foot value of my property at$194.55 is higher than comparable sales value of the following six properties(listed with their SQ value). My proposed value of $734,600 was based on the average SQ value of$179.71, derived from the six properties. 1710 Spring Overlook($192.65), 1305 Clandon Square($176.32), 212 Stanton Gable ($169.01), 316 Prestwood($187.65), 1510 Spring Overlook($171.14), 201 Stanton Gable($181.52). Note that the SQ value was assessed only from the building value on the Orange County website and does not take into account the land value. Evidence submitted by the county representative: • The subject property is a 3,191 square foot frame home with 4 bedrooms and 3 & 1/2 baths built in 2021. • Based on the differences in year built,attachments and various build qualities(attributed to different builders),the price per square foot is not the best measure for equity. • The most similar home to the subject that sold in 2024 was 1710 Spring Overlook Lane,PIN 9874835067 for$755,000. The comparable is a year older,built in 2020,with 3,073 square feet. The comparable appears from the exterior to have slightly more details than the subject property, suggesting the subject has less upgrades and aesthetic features. • A site visit was conducted,and it was noted there should be a deck and screened-in porch over patio instead of a second deck over patio in the back. The yard is quite sloped from front to back,noted in the images of the property. Based on these findings,the County recommends adding a .97 design factor for the lack of upgrades, correcting the screened-in porch and deck over patio,and adding-10%topography resulting in a reduced total value of$755,800. • Photos of Subject • GIS map • Images of subject and comps noted in appeal • Equity Analysis • Current Property Record Card of Subject • Proposed Property Record Card of Subject Motion of the Board Accept the Coun 's revised value of$755,800 Made the motion Barbara Levine Seconded the motion Richal Vanhook Voted For Tony Blake Voted Against Property Identification: Property Owner Pamela H. Butler Trustee Appellant(if different Property Address 7312 Old NC 86 Parcel ID or Abstract 19860879777 Statement of Appeal: Request a reduction in value based on the condition of the home. Current Assessed Value $257,900 County Opinion $161,400 Time of Hearin 1:55 PM Appellant Opinion $175,000 County Representative Bill Hiltbold Board Decision $161,400