Orange County NC Website
Docusign Envelope ID:83F80E7A-C8A7-4286-A6DF-737199F90FC2 <br /> Motion of the Board Accept Count 's Proposed Value: $324,600 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against ... ... <br /> Property Identification: <br /> Property Owner Evans Estates REI LLC Appellant(if different) Tabitha Evans <br /> Property Address Lots 3 and A, G and B Parcel ID or Abstract 9861028152 <br /> Farm Lane <br /> Statement of Appeal: Request a reduction in value based on limitations that diminish the marketability <br /> and usability of the property. <br /> Current Assessed Value $471,900 ounty Opinion $294,900 <br /> Time of Hearin 1:34PM Appellant Opinion $152,400 <br /> County Representative Jimmy Milliken Board Decision Continue appeal to a later date <br /> Evidence submitted by the appellant: <br /> • Inappropriate Comparables Used in Valuation• The proposed value appears to be based on <br /> nearby subdivision developments (i.e., Tuscany and South Creek)with completed homes <br /> starting at$600,000+. This is not an appropriate comparison for my property,which is raw, <br /> undeveloped land. •My property is located in the Rural Buffer Zoning District,while many of <br /> the comparables are in the Chapel Hill District,which has different zoning regulations, <br /> infrastructure, and desirability factors. •No adjacent or nearby properties (within 1 mile) are <br /> similarly situated all are developed with residences or income-producing improvements. <br /> Overvaluation Relative to Actual Market Value Based on research of comparable land sales <br /> within 1 mile,no similarly sized undeveloped parcels have sold for values supporting the <br /> proposed assessment. The significant site preparation costs,regulatory hurdles, and usability <br /> restrictions severely diminish the market appeal and potential resale value of the property. <br /> • Overhead Powerlines and Easements: • A significant portion of the property is impacted by <br /> overhead powerlines, rendering approximately 1.1 acres unusable for building,animal housing, <br /> or irrigation due to safety and aesthetic concerns. •Utility easements further restrict land use, <br /> requiring me to maintain vegetation and granting utility companies access for installation and <br /> maintenance. This property has significant natural and man-made limitations that diminish its <br /> marketability and usability: Creek and Floodplain Impacts: •A creek crosses the entrance to <br /> the property, creating .8 acres of unusable land per Orange County UDO creek buffer <br /> requirements. •Crossing the creek for access requires substantial engineering: two 90-inch <br /> metal pipes(7.5 feet each) costing $241,248 to cross the creek and create a private driveway. • <br /> The front portion of the property experiences annual flooding and is swampy,further reducing <br /> utility. Topographical Challenges: •The back acreage contains rocky terrain that cannot <br /> support grass growth and has perc issues in some areas, limiting septic and building feasibility. <br />