Orange County NC Website
Docusign Envelope ID:C9B7EE17-4ADA-4424-B141-343369361698 <br /> Motion Time By Second <br /> To move into recess 3:43PM Leon Meyers Saru Salvi <br /> To return to order 3:48PM Leon Meyers Richal Vanhook <br /> Property Identification: <br /> FP—roperty Owner Ru Quan Appellant(if different) <br /> Property Address I 100 Black Tie Lane I Parcel ID or Abstract 9880331037 <br /> Statement of Appeal: Request a reduction in value based on the condition of the home and steep <br /> driveway. <br /> Current Assessed Value $570,300 Co—unty Opinion $570,300 <br /> Time of Hearin 1:00 PM Appellant Opinion $495,000 to $540,000 <br /> County Representative Jimmy Milliken Board Decision $570,300 <br /> Evidence submitted by the appellant: <br /> • The appellant is requesting a reduction in value due to the listing history before the 2012 <br /> purchase price,the dated condition of the windows, carpet,kitchen fencing and patios, as well <br /> as a non-working fireplace,and a steep driveway. <br /> Evidence submitted by the county representative: <br /> • Subject property is located at 100 Black Tie Lane,has 2,260 square feet and was built in 2000. <br /> The property record card lists the effective age the same as the actual year built to account for <br /> the age and conditions listed in the appeal. I've attached a Comper report to illustrate the most <br /> recent sales with similar size,year built, and effective age that have had no improvements, <br /> much like the subject. Also included is an equity analysis to illustrate the equity with sold <br /> properties. The CAMA System/Schedule of Values do not assign a value to the driveway or <br /> yard fencing. A-5%topography adjustment is already applied to the subject's land value to <br /> account for the slope. <br /> • Based on the evidence submitted by the County,no change in value is recommended. <br /> • Equity Analysis <br /> • Comper Report <br /> • Current Property Record Card <br /> • Contours Maps <br /> • Photo of Subject <br /> Motion of the Board Accept Coun 's Proposed Value: $570,300 No Change in Value <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br />