Orange County NC Website
Docusign Envelope ID:03CE10C8-398D-4935-98C7-D29B80D1FOE3 <br /> Statement of Appeal: Request a reduction in value based on price,condition, and comparable sales. <br /> Current Assessed Value $2,522,300 County Opinion $2,182,800 <br /> Time of Hearin 2:09 PM Appellant Opinion $1,826,360 <br /> County Representative Jimmy Milliken Board Decision $2,182,800 <br /> Evidence submitted by the appellant: <br /> • Request a reduction in value to $1,826,360. <br /> • Price, condition, and comparable sales indicate lower value. <br /> Evidence submitted by the county representative: <br /> • Subject property sold in 2017 for$1,800,000 with improvements made after the sale. Property <br /> was on the market in 2024 for approximately 2.5 months listed at$2,250,000. In January it <br /> remained on the market listed at$2,250,000 and sold in March of 2025,which should not be <br /> considered in the January 1,2025 valuation. The County suggests lowering the grade from <br /> A+90 to A+50,which will more accurately reflect the value of this property as of January 1, <br /> 2025 based upon its January 1 listing price. The County recommends a revised value of <br /> $2,182,800. <br /> • Summary <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Photo of Subject <br /> Motion of the Board Accept Coun 's Proposed Value: $2,182,800 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Chair of the Puu&gned by: <br /> Leon Meyers" 0 <br /> F4&AW&D4FE <br /> 9/19/2025 <br /> Recording Se f-nyd by: <br /> Rob Teachout �b GU -r"4 <br /> 9/22/2025 <br />