Orange County NC Website
Docusign Envelope ID:79CD4405-B249-4821-8678-6848F09D893C <br /> • A sales analysis was performed with no comps being similar in overall qualities. The 8 <br /> qualified sales ranged in value from$975,000 to $5,100,000. <br /> • It is recommended to apply the land adjustment resulting in a net adjustment of-$80,000. This <br /> would reduce the overall assessed value to$613,500 from the current$693,500. <br /> 1. Current Property Record Card <br /> 2. Proposed Property Record Card <br /> 3. Photo of Subject <br /> 4. Maps -Location& GIS (2) &NBC 7170 <br /> Motion of the Board Value Changed as Follows: $595,400 <br /> Made the motion Shannon Julian <br /> Seconded the motion Richal Vanhook <br /> Voted For ... <br /> Voted Against Saru Salvi <br /> Property Identification: <br /> Property Owner Russell C. Briggs Appellant(if different) <br /> Property Address 1212 Brookhollow Road Parcel ID or Abstract 9855046255 <br /> Statement of Appeal: Request reduction in value based on insurance rebuild cost and comparable land <br /> value. <br /> Current Assessed Value $223,100 County Opinion $225,800 <br /> Time of Hearin 9:28 AM Appellant Opinion $160,000 <br /> County Representative Louise Benson- Board Decision Continued so appellant could <br /> Lochner prepare evidence <br /> Evidence submitted by the appellant: <br /> • The Appellant filed a formal appeal on 7/29/2025. <br /> • The Appellant stated"Per a review of my home insurance, my rebuild cost for my house is <br /> estimated at$120,000. The land values of my immediate neighbors are $18395 per acre and <br /> $51,777 per acre. My land value is listed as $53,795 per acre. This is grossly inflated as <br /> nobody's land should be greater than$30,000 to $35,000 an acre in my area. Additionally, <br /> there is no fiber optic internet service at my location." <br /> • No additional evidence e.g.photos,repair bids, comparable sales were provided. <br /> Evidence submitted by the county representative: <br /> • On October 9, 2025, 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 nature of the appeal. <br /> • Observations and corrections to assessed records include: <br />