Orange County NC Website
Docusign Envelope ID: 1988044D-EFA2-4BA7-A826-E678FCDE331A <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $703,800 County Opinion $703,800 <br /> Time of Hearin 2:13PM Appellant Opinion $656,900 <br /> County Representative C le Anderson Board Decision Continue appeal to a later date <br /> Evidence submitted by the appellant: <br /> • The appellant provided a spreadsheet of recent sales as supporting documentation. The <br /> appellant also states that Redfin values the property at$656,900 as of January 1, 2025. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 2.44-acre tract with two single family residences, located in <br /> Hillsborough. The County reviewed the spreadsheet submitted by the appellant. Included in <br /> the appellant's spreadsheet are three recent sales from the subject property's neighborhood. <br /> These comparable sales can be found under the "neighborhood comparisons" section of the <br /> appellant's spreadsheet. The appellant also provided three recently sold comparable sales that <br /> were not located in the subject property's neighborhood. These sales can be found in the"other <br /> Orange County comparisons" section of the spreadsheet. Two of the three comparable sales, <br /> 3334 Oak Knob Court and 3233 St Mary's Road were unqualified sales. The other comparable <br /> sale in this section, 3102 Caleb Court, is a one-acre tract with a 1372 square foot house,which <br /> is not very comparable to the larger house and lot associated with the subject property. These <br /> sales were not considered in the County's review of the subject property. <br /> • The County analyzed the appellant's three comparable sales that were in the subject property's <br /> neighborhood. For the sake of comparison,the second dwelling on the subject property was not <br /> included in this analysis. This analysis shows that the subject property's value per acre of land <br /> is in line with that of the comparable sales. The subject property's value per square foot,using <br /> only the dwelling on card one of the property record, is also in line with those of the <br /> comparable sales. Please note that in the appellant's analysis,the building value of$450,700 <br /> includes the assessed values of both single-family dwellings. The livable square footage of the <br /> single-family dwelling on card one is 2,036, as noted on the appellant's spreadsheet. The <br /> single-family dwelling on card two has 1,116 square feet of livable space. Please also note that <br /> the appellant's stated land value of$263,500 was reduced to $238,000 after an informal appeal <br /> earlier in 2025. <br /> • After analyzing the recent comparable sales,the County recommends no change to the subject <br /> property's assessed value of$703,800. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> Motion of the Board Continue to a Future Date/Time: Continue appeal to allow the County <br /> an opportunity to correct sales <br /> analysis data <br /> Made the motion Saru Salvi <br /> Seconded the motion Barbara Levine <br /> Voted For All BOER Members <br /> Voted Against <br />