Orange County NC Website
Docusign Envelope ID: 11D3D156-724F-4E90-9FB3-D8A787A93FBD <br /> • Based on this analysis, the appraisal's concluded value is approximately 3%below the <br /> County's assessed value. Given the inconsistencies in the appraisal's land valuations and the <br /> supporting neighborhood data,the County recommends no change to the current valuation. <br /> • Analysis <br /> • Maps <br /> • Current Property Record Card <br /> • GIS map <br /> • Photo <br /> Motion of the Board Value Changed as Follows: $842,500(EYB set to AYB; 3080- <br /> SF <br /> Made the motion Shannon Julian <br /> Seconded the motion Tony Blake <br /> Voted For ... <br /> Voted Against Saru Salvi <br /> Property Identification: <br /> Property Owner Lior Bendat Appellant(if different) <br /> Property Address 204 Bruton Drive Parcel ID or Abstract 9779140775 <br /> Statement of Appeal: Request reduction in value based on comparable properties and perceived <br /> overpayment at time of purchase. <br /> Current Assessed Value $865,900 County Opinion $865,900 <br /> Time of Hearin 1:51 PM Appellant Opinion $625,000 <br /> County Representative Jimmy Milliken Board Decision $865,900 No Change <br /> Evidence submitted by the appellant: <br /> • The two homes,203 and 205 Bruton(closing Jun. 12)closed at around$525k. My home,while <br /> newer, is not worth so much more than the last few years if appraised value. I paid an <br /> overinflated price to purchase the home in 2022 because we were desperate, and the market <br /> was overbought. The true value is significantly less than the newly appraised value for 2025. <br /> Evidence submitted by the county representative: <br /> • Property Review Summary—204 Bruton Drive(NBC 7792) <br /> • The subject property is a two-story home located in NBC 7792 at 204 Bruton Drive. It was <br /> constructed in 2019 and contains approximately 2,577 square feet of living area. The property <br /> was listed for sale in May 2022 at$715,000 and was subsequently purchased in June 2022 for <br /> $925,000. <br /> • The submitted documentation has been reviewed; however, the list of 2025 sales included in <br /> the report cannot be considered for this analysis, as they fall outside the appropriate valuation <br /> period. To assess fairness and uniformity, an analysis was conducted comparing assessed price <br />