Orange County NC Website
Docusign Envelope ID:CAA96AA1-7D21-4D46-9A3F-10F230AD80FA <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner Shao Tang Appellant(if different) <br /> Property Address 1920 Hillsborough Road Parcel ID or Abstract 9779314276 <br /> Statement of Appeal: Request a reduction in value based on a comparable sale, the condition of the <br /> home and incorrect data on the current property record card. <br /> Current Assessed Value $674,600 County Opinion $637,800 <br /> Time of Hearin 1:12 PM Appellant Opinion $625,000 <br /> County Representative Jimmy Milliken Board Decision $637,800 <br /> Evidence submitted by the appellant: <br /> • The assessed value of 908 Hillsborough Road in the neighborhood is $623,300 <br /> (https://property.spatialest.com/nc/orange/#/property/9779313296). See Sales. <br /> • The roof of the home is 17 years old. HVAC (air handler) system is 17 years old and near the <br /> failing point and requires high$ cost to maintain. Kitchen and cabinets are very old,more than <br /> 16 years old.Water heater is 18 years old(built Oct 2007). The$ depreciation of those items <br /> are high. Please see attached disclosure document when we purchased the home in 2022. <br /> • The total size is 3,306 square feet,not 3,381 square feet on <br /> https://property.spatialest.com/nc/orange/#/property/9779314276. Please see the attached floor <br /> plan file. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 920 Hillsborough Road. The property sold in 2022 for <br /> $627,500 and has a current value of$674,600. <br /> • Regarding sales submitted by the appellant, Comparable#1, 115 Bruton Drive is a 2025 sale <br /> and cannot be considered as a comparable sale for 2025. Comparable#2,202 Columbia Place <br /> is a townhome having 1,844 square feet and is located in a different neighborhood and not <br /> considered comparable to the subject. Comparable#3, 602 Valen Court is also a 2025 sale and <br /> cannot be considered as a comparable sale for 2025. The sales do not validate a reason for <br /> value change. <br /> • The property's year built is 2008 and the effective age is also 2008 which accounts for the <br /> condition/maintenance issues listed in the appeal. <br /> • Measured and corrected the square footage of the house to 3,325 square feet and garage to 484 <br /> square feet. <br /> • The County finds the land to need adjusting. The County recommends adjusting the current <br /> easement adjustment of-10%to -30%market adjustment to account for shape and access from <br /> a shared driveway. This will create a revised value of $637,800. <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Plat <br /> • Aerial View <br />