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Docusign Envelope ID: E4EODF38-5118-4696-AD5B-F7C5C7741 FOF <br /> Property Owner Michael Principato Appellant(if different) <br /> Property Address 409 Rossburn Way Parcel ID or Abstract 19777790936 <br /> Statement of Appeal: Requests reduction in value based on comparable sales. <br /> Current Assessed Value $799,800 ounty Opinion 1 $799,800 <br /> Time of Hearin 1:49 PM Appellant Opinion $750,000 <br /> County Representative Dana Hall Board Decision $799,800 No Change <br /> Evidence submitted by the appellant: <br /> • The Appellant filed a formal appeal on July 16, 2025. <br /> • The Appellant listed under Recent Comparable Sale: <br /> • '100 Rivercreek Pl, Carrboro,NC 27510' <br /> • No additional evidence e.g.photos,repair bids,written reasoning were provided. <br /> Evidence submitted by the county representative: <br /> • On September 29th, a drive by visit of the subject was performed by this appraiser. A drive-by <br /> evaluation is considered to be a sufficient review due to the MLS information available and <br /> due to the nature of the appeal. Condition, grade, quality, age and site were observed.An <br /> exterior photo was gathered and is supplied in this report along with MLS photos from an <br /> August 2020 transfer. <br /> • Observations and recommendations: <br /> 1. The Comparable Sale supplied as evidence is not applicable for comparison to the subject <br /> home. The sale at 100 Rivercreek Place(PIN 9778622293)occurred on 3/20/2025 and is <br /> in NBC 7725 vs the Subject neighborhood of 7480, approximately 1 mile away, and has <br /> 600 square feet less than the Subject. <br /> 2. A review of the County record shows there are no changes needed for the amenities of the <br /> Subject,nor were any specified by the Appellant. <br /> 3. A Comper Report is attached for 2 homes located in the subject NBC (7480). These two <br /> homes are located on the same street and are 2023 sales. The amenities of the Comps <br /> bracket the Subject with no significant variation that would justify a reduction of assessed <br /> value from the current$799,800 to the requested$750,000. <br /> 5. Appellant evidence-The Appellant has not provided qualified evidence to warrant any <br /> reduction at the time of this summary. <br /> • No change is recommended. <br /> 1. Current&Recommended Property Record Card <br /> 2. Photos of Improvements - Site visit and MLS <br /> 3. Maps -Location& GIS <br /> 4. Comper report <br /> 5. PIN card for A ellant's Comp - 100 River Creek Place <br /> Motion of the Board Accept Count 's Proposed Value: 1 $799,800 No Change <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br />