Orange County NC Website
Docusign Envelope ID:83F80E7A-C8A7-4286-A6DF-737199F90FC2 <br /> incorrect data, 211 Longwood has 3,258 square feet and 106 Ironwood has 3,219 square feet, <br /> both 900 square feet more than the subject. Comparable 3 is also larger and has a detached <br /> building which increases value but is not part of the main building. <br /> 200 Eastwood-7421 <br /> 5701 Cascade-7922 <br /> 6 Pine Tree-7302 <br /> 1205 Blackwood Mt.-7934 <br /> 107 Black Cherry-7470 <br /> -The land is lot valued with size adjustments for larger lots as needed. The plat does show a <br /> Duke Power Company R/W, and the County suggests a-10% adjustment for the land. <br /> -Bedroom count does not contribute value in the CAMA system. <br /> -Bonus rooms are considered finished living area square footage. <br /> -Bathroom count and garages are value drivers and renovations are captured in the effective <br /> year built estimate. <br /> • 1 created an analysis that included comparables 1 and 2,which also sold in 2023 and 2024. <br /> • 1 also added properties from the NBC 7778 of similar size and construction. <br /> • Based on all information the County suggests a new value of$649,500. <br /> • Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Photo of Subject <br /> Motion of the Board Accept Count 's Proposed Value: $649,500 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Philip D. Sloane Appellant(if different) <br /> Property Address 2001 S. Lakeshore Drive Parcel ID or Abstract 19789987551 <br /> Statement of Appeal: Request a reduction in value based on comparable sales. <br /> Current Assessed Value $2,540,700 ounty Opinion $206,500 <br /> Time of Hearin 2:06PM Appellant Opinion $2,050,000 <br /> County Representative Jimmy Milliken Board Decision Continue appeal to a later date <br /> Evidence submitted by the appellant: <br /> • We appeal the county's estimated value of our home. The assessed value of the property in <br /> 2021 was $1,392,700.NO improvements,but a new appraisal of 82.4%increase,when the <br /> county averaged 52%. Based on a comparison of sales we request a new valuation. <br /> Evidence submitted by the county representative: <br />