Orange County NC Website
Docusign Envelope ID:83F80E7A-C8A7-4286-A6DF-737199F90FC2 <br /> • GIS Map <br /> • Sales and Equity Analysis <br /> • Current Property Record Card <br /> Motion of the Board Accept A ellant's Proposed Value: $300,000 <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 Yu Wah Thein Appellant(if different) <br /> Property Address 402 Blackwell Drive Parcel ID or Abstract 19890160648 <br /> Statement of Appeal: Request a reduction in value based on the recent purchase price. <br /> Current Assessed Value $249,000 ounty Opinion $249,000 <br /> Time of Hearin 3:40PM Appellant Opinion $247,000 <br /> County Representative Roger Gunn Board Decision $247,000 <br /> Evidence submitted by the appellant: <br /> • The appellant is requesting a reduction in value due to purchasing the home in November 2024 <br /> for$247,000. <br /> Evidence submitted by the county representative: <br /> • The subject is a 1,727 square foot townhome with construction started in 2023 and sold in <br /> November 2024 by Habitat for Humanity of Orange County for$247,000. While the unit is <br /> subject to affordability restrictions for future buyers,the indicated value of$249,000 from <br /> application of the Orange County Schedule of Values indicates a sales ratio of 1.01,which is <br /> well within NCDOR and IAAO guidelines for sales ratios in a revaluation year. As a result, no <br /> change in value is supported. <br /> • Photographs of Subject(2) <br /> • Location Map of Subject <br /> • Current Property Record Card <br /> Motion of the Board Accept A ellant's Proposed Value: $247,000 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br />