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Docusign Envelope ID:A601AB7D-8806-49E3-97E5-610E08400673 <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> Motion of the Board Accept Coun 's Proposed Value: $322,200 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 Rachel Victoria Mills Appellant(if different) <br /> Property Address Lots 25-26, E. Franklin Parcel ID or Abstract 9788894893 <br /> Street <br /> Statement of Appeal: Request a reduction in value based on the 2025 purchase price and the fact that <br /> this lot is not buildable. <br /> Current Assessed Value $175,000 County Opinion $87,500 <br /> Time of Hearin 2:40PM Appellant Opinion $82,000 <br /> County Representative Jimmy Milliken Board Decision $87,500 <br /> Evidence submitted by the appellant: <br /> • Small vacant lot that is not buildable,purchased in 2025 for$82,000. The purchase price was <br /> based on the size and the use. <br /> Evidence submitted by the county representative: <br /> • Subject property is a.16-acre vacant lot in the 900 block of E.Franklin Street in Chapel Hill. <br /> • Although the June 2, 2025 sale price cannot be considered,after reviewing the submitted <br /> documents and appraisal notes/history,the lot should be valued as not buildable for a <br /> residence. The appellant also owns a home contiguous to this property. <br /> • The lot currently has a-50% adjustment for size. The County suggests increasing the <br /> adjustment by 25%totaling a-75%market land adjustment for size and overall utility which <br /> would create a revised value of$87,500. <br /> • Summary <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Maps <br /> • GIS Map <br /> Motion of the Board Accept Coun 's Pro osed Value: $87,500 <br /> Made the motion Saru Salvi <br />