Orange County NC Website
Docusign Envelope ID:79CD4405-B249-4821-8678-6848F09D893C <br /> • 1. It is noted the County records of an attached Carport(CA)is incorrect, it is an Attached <br /> Garage(AG). The sketch was corrected and resulted in an increase in assessed value of <br /> $2,700. <br /> • 2. The Actual Age of the home is 1977. The current Effective Year built is 1980, due to <br /> continual maintenance this is considered to be conservative and reflects a 45-year-old home. <br /> No change is recommended. <br /> • 3. The Grade of the home is C+05,this is appropriate for the style and quality of the home. <br /> No change is recommended for grade. <br /> • 4. The parcel is a 1.37-acre level lot located on a paved road. No land influences are applicable <br /> re: easements, topography, shape, access or size. NBC 3004 has an assessed base rate of <br /> $56,000 per acre. The subject 1.37 acre has an adjusted base rate of$53,795 when including <br /> the size factor. <br /> • 5. Appellant evidence-The Appellant has not provided evidence to warrant a reduction.A <br /> notation of an insurance value of$120,000 for the building was made with no supplemental <br /> report. With the correction of the attached garage,the assessed value of the home is$151,600. <br /> • 6. A Comper Report is attached with MLS photos. The amenities of the 2 qualified Comps <br /> bracket the Subject with no significant variation that would justify a reduction of assessed <br /> value to $160,000 per the Appellant's request. <br /> • It is the appraisers position the current assessed value is appropriate when the correction of the <br /> attached garage is applied. This would result in a net increase of$2,700. <br /> 1. Current Property Record Card <br /> 2. Proposed Property Record Card <br /> 3. Photos of Improvements <br /> 4. Maps -Location& GIS <br /> 5. Com er report&photos <br /> Motion of the Board Continue to a Future Date/Time: Continued so appellant could prepare <br /> evidence <br /> Made the motion Richal Vanhook <br /> Seconded the motion Shannon Julian <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Thomas Revelle Appellant(if different) <br /> Property Address 123 Ivy Brook Lane Parcel ID or Abstract 9777894175 <br /> Statement of Appeal: Request reduction in value based on comparable properties. <br /> Current Assessed Value $641,500 County Opinion $641,500 <br /> Time of Hearin 9:37 AM Appellant Opinion $544,000 <br /> County Representative Louise Benson- Board Decision $641,500 No Change <br /> Lochner <br />