Orange County NC Website
Docusign Envelope ID:6E3F16AO-BC7B-4F9D-B4E9-B4OC6D98AOA9 <br /> • The appellant contends that homes of similar size have sold for significantly less than the <br /> appraised value of the subject property. To support their opinion of value,the appellant <br /> submitted four comparable sales. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 3.01-acre tract improved with a 2,160-square-foot single-family <br /> residence, located at 928 Dimmocks Mill Road in Hillsborough. The County has reviewed the <br /> appellant's appeal and supporting evidence. The appellant submitted four comparable sales to <br /> support their opinion of value; however,none of these sales are located within the subject <br /> property's neighborhood. Each of the appellant's comparables is situated between 1.65 and <br /> 3.24 miles from the subject property and is either located in a neighborhood considered inferior <br /> to the subject or has negative land adjustments applied.In addition,the homes associated with <br /> these comparables are inferior in quality and features compared to the subject property. The <br /> County concludes that the appellant has not met the burden of proof required to warrant a <br /> reduction in the current assessed value. <br /> • County staff conducted a physical inspection of the subject property for verification and <br /> documentation purposes. Based on this inspection,the County recommends the following <br /> physical adjustment: <br /> Removal of the Office listed under the Special Features/Yard Items section of the property <br /> record card, as this structure is no longer present on the lot. This correction results in a revised <br /> assessed value of$592,200. <br /> • Photo of Subject <br /> • GIS Map <br /> • Appellant Comp#1 MLS Photos <br /> • Appellant Comp#2 MLS Photos <br /> • Appellant Comp#3 MLS Photos <br /> • Appellant Comp#4 MLS Photos <br /> Motion of the Board Accept Count 's Proposed Value: $592,200 <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 James A. Carnahan Appellant(if different) <br /> Property Address 1122 Oak Street I Parcel ID or Abstract 19778585992 <br /> Statement of Appeal: Request a reduction in value based on the value of comparable properties. <br /> Current Assessed Value $456,200 ounty Opinion 1 $456,200 <br /> Time of Hearin 3:IOPM Appellant Opinion $390,000 <br /> County Representative Jimmy Milliken Board Decision $456,200 <br /> Evidence submitted by the appellant: <br />