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Docusign Envelope ID:605B9F76-COF1-43C7-9DA8-9C1F27ED9055 <br /> Time B <br /> Meeting called to order 1:01 PM Barbara Levine <br /> Meeting adjourned 1:38 PM Barbara Levine <br /> Related meeting notes: <br /> In the absence of Leon Meyers,Barabara Levine served today. <br /> Saru Salvi made a motion for Barbara Levine to act as chair for today's meeting.Richal Vanhook <br /> seconded the motion. There were no objections. <br /> Property Identification: <br /> Property Owner Armin F. Lieth A pellant if different <br /> Property Address 1515 Partridgeberry Road, Parcel ID or Abstract 9748701822 <br /> Units A&B <br /> Statement of Appeal: Request a reduction in value based on an independent appraisal of an identical <br /> property. <br /> Current Assessed Value $413,700 County Opinion $356,800 <br /> Time of Hearin 1:01 PM Appellant Opinion $360,000 <br /> County Representative C le Anderson Board Decision $356,800 <br /> Evidence submitted by the appellant: <br /> • The appellant submitted an appraisal of an identical nearby property, 1500 Partridgeberry <br /> Road,Units A&B,as supporting documentation. The appraisal has an effective date of March <br /> 11,2025 and an opinion of value of$360,000. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 2.34 acre tract with a multi-family dwelling,located at 1515 <br /> Partridgeberry Road,Units A and B, in Chapel Hill. The appellant submitted an appraisal of a <br /> nearly identical property, 1500 Partridgeberry Road,Units A&B,with an effective date of <br /> March 11,2025 and an opinion of value of$360,000,as supporting documentation. Despite the <br /> appraisal's effective date coming after January 1,2025,this appraisal was reviewed by the <br /> County as all the comparable properties were either leased or sold in 2023 or 2024.After <br /> review,the County recommends the following changes: applying a-15% adjustment to the <br /> land for Shape and Access(subject is located on a gravel and privately maintained road),while <br /> also reducing the grade to C and reducing the effective year built to 2005. These recommended <br /> changes would reduce the subject property's assessed value to $356,800. The County <br /> recommends a revised value of$356,800 for the subject property. <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br />