Orange County NC Website
Docusign Envelope ID: 1988044D-EFA2-4BA7-A826-E678FCDE331A <br /> Motion of the Board Accept County',Proposed Value: Remove the basement&bay <br /> window resulting in a revised value <br /> of$507,000 <br /> Made the motion Leon Meyers <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members ... <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner James A Phillips III Appellant(if different) <br /> Property Address 3737 Borland Road I Parcel ID or Abstract 19842957415 <br /> Statement of Appeal: Request a reduction in value based an independent appraisal. <br /> Current Assessed Value $753,300 ounty Opinion $742,100 <br /> Time of Hearin 3:07PM Appellant Opinion $750,000 <br /> County Representative Kelly Wells Board Decision $742,100 <br /> Evidence submitted by the appellant: <br /> • Recent Appraisal- 61%Increase is excessive. <br /> Evidence submitted by the county representative: <br /> • The subject property is 10.4 acres of land located in Efland with a 2,524 square foot single <br /> family home with 3 bedrooms and 2& 1/2 baths built in 1995 and a detached garage with 832 <br /> square feet living area with 1 bedroom and 1 bath built in 2006. <br /> • There were reductions made in the informal appeal resulting in the current value of$753,500. <br /> • Recommendations: <br /> *Add deck and patio not on record and correct open porch on back to enclosed porch. <br /> *Reduce the grade of the house from A-15 to B+10. <br /> *Remove the 10%economic depreciation on the house for proximity to mobile homes. <br /> *Increase the land adjustment from -20%to -30%to account for topography, including <br /> streams, shape and easement. <br /> • These recommendations would result in a reduction in value from$753,500 to $742,100. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $742,100 <br /> Made the motion Saru Salvi <br /> Seconded the motion Barbara Levine <br /> Voted For All BOER Members <br /> Voted Against <br />