2025_08_26 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:7FE57725-9FEA-4FD3-99AA-DE6B4DB9B62E • Correspondence Motion of the Board Adjust the value of the home to $0 resulting in a revised value of$81,000 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For Leon Meyers Voted Against Property Identification: Property Owner Connole Elizabeth L. Read Appellant(if different) Property Address 323 Azalea Drive Parcel ID or Abstract 19787483813 Statement of Appeal: Request a reduction in value based on the condition of the home. Current Assessed Value $578,800 County Opinion $577,300 Time of Hearin 2:O1PM Appellant Opinion $450,000 County Representative Bill Hiltbold Board Decision $577,300 Evidence submitted by the appellant: • The newest real property valuation of my house at 323 Azalea Drive in Chapel Hill after my appeal this spring is $320,000 for the land and$258,800 for the structure. At best,I consider this structure to be in fair condition. The estimated cost of repairs and maintenance to the house plus the estimated costs of repairs and renovations from my earlier estimate when deducted from the structure value you indicated on the newest valuation leave structure values of between$63,800 and$33,800 respectively Obviously,the structure is worth more than $63,800 but I honestly believe it is not worth more than$180,000-$190,000 and it does add value to the property. This area has not attracted many developers paying large sums of money for a parcel to raze the existing house and build much larger structures, so I still consider this as a house with some value rather than a liability. An estimate was prepared by another licensed building contractor,Jacqueline A. Smith. Her estimate was $60,985.A copy is attached. It includes only repairs to the exterior and interior. Renovation of the interior is limited to cosmetics like interior paint,new carpeting,new vinyl floors and refinishing the hardwood floors. Please note,this new estimate includes no upgrades or remodeling to a 53- year-old kitchen or any of the baths that have the original cabinets that were built in what is now the living room. Most of the bath fixtures are original and the newest appliance in the kitchen is a refrigerator from 2009. . It has come to my attention in the past couple days that it may need some structural repair to the floor joists on the first floor. When I was still an active contractor, I frequently did structural repairs to house framing and foundations,and I plan to crawl through the crawl space this weekend to assess possible damage from water damage. This is not included in any of the estimated repair work listed above. The nearby comparable properties listed on the Orange County Real Property site show a house that was built in 2022 and is of similar size to this one. The other comparable properties really didn't seem comparable to me. Since this house was built in 1972 it is,in my opinion,not a comparison of equals. So many aspects of building codes,materials,manufactured systems and materials have changed radically since 1972 the comparisons are moot. The prevailing code in use when this house was built was the 1968 edition. We now use the 2018 N.C. Residential Code. This house