Orange County NC Website
Docusign Envelope ID: E4EODF38-5118-4696-AD5B-F7C5C7741 FOF <br /> Current Assessed Value $295,400 County Opinion $295,400 <br /> Time of Hearin 2:16 PM Appellant Opinion $250,000 <br /> County Representative Scott Zeman Board Decision $290,900 $184/SF <br /> Evidence submitted by the appellant: <br /> • The houses that are 2 bedrooms and 2 bath are selling for 230,000.4 bedrooms in the same <br /> area are selling for 290,000 which is larger than what I have. We have 2 bedrooms and 2 baths <br /> and u set the value for our house at 295,400 which is higher than the 4 bedrooms. <br /> • The appellant provides a comparable analysis with this appeal. <br /> Evidence submitted by the county representative: <br /> • A site visit by an appraiser was performed on 10/16/2025. The appellant was not at home. The <br /> appraiser performed an exterior review from the front of the residence but was unable to access <br /> the rear of the property. A photo taken from the front is included in the appeal documentation. <br /> • Appraiser observations and recommendations: <br /> 1. GRADE: The residence has a grade of C+05,which is consistent with the townhomes in this <br /> phase of The Village at Lake Michael.No change to grade is recommended. <br /> 2. AGE: The residence was built in 2006 and has an effective year built of 2011. No change to <br /> effective year built is recommended. <br /> 3. CONDITION: The residence is currently in Average condition.No change is recommended. <br /> 4. ANALYSIS OF SALES: The appellant provided a comparable analysis of three sales. The <br /> county has determined one of these sales (627 Oakfield Trail)to be unqualified, as MLS <br /> indicates the sale was within the family. The other two sales have a median price per square <br /> foot of$180. <br /> • The county performed an analysis of six sales. Due to a lack of recent sales within the same <br /> construction phase as the subject property, sales from 2023 and 2022 were used. The county <br /> analysis indicates a median sale price per square foot of$192. The subject property is currently <br /> assessed at$187 per square foot. <br /> • Based on the county analysis, no change is recommended to the subject property value. <br /> 1. Overhead and exterior photos <br /> 2. Appellant sales analysis <br /> 3. County sales analysis <br /> 4. Current recommended)property record card. <br /> Motion of the Board Value Changed as Follows: $290,900 $184/SF <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br />