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Docusign Envelope ID:3F8FF723-F74B-4D5B-A034-43FF8E859565 <br /> Current Assessed Value $192,200 County Opinion $192,200 <br /> Time of Hearin 1:27 PM Appellant Opinion $100,000 <br /> County Representative Kelly Wells Board Decision $192,200 <br /> Evidence submitted by the appellant: <br /> • There is no home,well or septic, only vacant land. <br /> Evidence submitted by the county representative: <br /> • The subject property is 2.16 acres of vacant land used for the neighboring farm's hay and <br /> grazing cows. <br /> • Based on land sales in the area,the County recommends no change in value. <br /> • GIS Map <br /> • Land Sales Analysis <br /> • Current Property Record Card <br /> Motion of the Board Accept Coun 's Proposed Value: $192,200 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 /> Property Owner Xudong Sui Appellant(if different) <br /> Property Address 16157 Moinear Lane I Parcel H)or Abstract 19881263271 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $1,391,100 County Opinion $11391,100 <br /> Time of Hearin 1:30 PM Appellant Opinion $1,071,630 <br /> County Representative Jimmy Milliken Board Decision Continue appeal to a later date <br /> Evidence submitted by the appellant: <br /> • "I bought this house on Jan 6th, 2025 at$1,240,000 which has been competed with other <br /> buyer,that price already included some markup too.We just make a simple analysis on recent <br /> sold houses in Chapel Hill or Durham nearby within 90 days: (a) 359 Abbot Place, $927K for <br /> 3,366 sq ft, $275/sq ft,(b).105 Cross Creek Drive $1.35M for 4,778 sq ft, $283/sq ft, (c)413 <br /> Palafox Drive $71OK for 2,810 sq ft, $253/sq ft. All sold above reflect the average selling <br /> price/sq ft in this area should be $250 to $290,let's make a simple assumption at$270 for my <br /> house,multiplied by the 3,969 sq ft,the according price should be $1,071,630. I am also <br /> attaching a file which is those listing houses over the market,I chose the 4b/4b or more than <br /> that,Area is over 3,000 sq ft,which allow us have an Apple to Apple comparison,from the <br /> most pricing change,we could figure out the very obvious trend,the unit price of single family <br /> house in 27514 is going to the South,I am more than happy to be invited to present the most <br />