2025_09_02 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: B1D4C153-963D-4122-B6E3-87DCADFA826B • Comparable sales: 3204 Environ$680,000, 3304 Environ Way$672,100 and 3510 Environ Way$650,000. Evidence submitted by the county representative: • The subject is a 1,595 square foot 5th floor condo with a golf course view at East 54 condos in Chapel Hill. Based on comparable sales of almost identical units, The County recommends reducing the design factor construction modifier from 1.105 to 1.05 resulting in a reduced value of$677,100 from$712,600. • Google Image of area • Sales Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Coun 's Proposed Value: $677,100 Made the motion Richal Vanhook Seconded the motion Saru Salvi Voted For All BOER Members Voted Against ... Property Identification: Property Owner Mary Hall Subdivision Appellant(if different) LLC Property Address 9163 Mary Hall Road Parcel ID or Abstract 9898084383 Statement of Appeal: Request a reduction in value based on recent comparable sales. Current Assessed Value $964,700 County Opinion $944,300 Time of Hearin 1:50 PM Appellant Opinion $888,300 County Representative Kelly Wells Board Decision $944,300 Evidence submitted by the appellant: • Recent comparable sales. Evidence submitted by the county representative: • The subject is a 3,979 square foot single family home with 4 bedrooms and 4& 1/2 baths,built in 2024,located on Mary Hall Rd. in Rougemont. This property sold recently on March 5, 2025 for$945,000. • The appellant used 2 nearby sales. One was for two parcels and is not a valid comparison. The other is a neighboring property of a smaller house,2 years older with same acreage, sold in June of 2023 for$925,000. • The County recommends reducing the grade of the house from A+10 to A+05,thereby reducing the total valuation from$964,700 to $944,300 to be more equitable with comparable sales. • Photos of Subject