Orange County NC Website
Docusign Envelope ID: E827C623-95B8-44A7-B6B0-78FA2EEED203 <br /> Property Address 501 W. Main Street, Unit Parcel ID or Abstract 9778666947 <br /> A <br /> Statement of Appeal: Request a reduction in value based on the value of comparable retail properties. <br /> Current Assessed Value $550,800 County Opinion $550,800 <br /> Time of Hearin 1:O1PM Appellant Opinion Not provided <br /> County Representative Roger Gunn Board Decision $550,800 <br /> Evidence submitted by the appellant: <br /> • There is limited information presented in the appellant's appeal. The appellant appears to be <br /> highlighting inequity in land valuation between his parcel and other nearby retail properties. <br /> Evidence submitted by the county representative: <br /> • The subject is a 3,074 square foot retail building. Based on review and analysis by our <br /> commercial appraiser consultant(attached), the County contends that even if the land value for <br /> the subject appears inequitable with other area properties,the overall valuation of the improved <br /> subject property is accurate with no evidence presented by the appellant to prove the overall <br /> valuation is incorrect. No change in overall value is supported. <br /> • Photograph of Subject <br /> • Location Map of Subject <br /> • Current Property Record Card <br /> • Analysis of Value <br /> Motion of the Board Accept County's Proposed Value: $550,800 No Change in Value <br /> Request the County staff review and <br /> make any necessary adjustments to <br /> the building and land values with no <br /> adjustment to total value <br /> Made the motion Richal Vanhook <br /> Seconded the motion Leon Meyers <br /> Voted For <br /> Voted Against Saru Salvi <br /> Property Identification: <br /> Property Owner I Thomas L. Watts Appellant(if different) <br /> Property Address 1105 Mary Street Parcel ID or Abstract 19778297365 <br /> Statement of Appeal: Request a reduction in value based on condition of home. <br /> Current Assessed Value $419,400 ounty Opinion $322,800 <br /> Time of Hearin 1:38PM Appellant Opinion Not provided <br /> County Representative Jimmy Milliken Board Decision $322,800 <br />