Orange County NC Website
Docusign Envelope ID: E827C623-95B8-44A7-B6B0-78FA2EEED203 <br /> Evidence submitted by the appellant: <br /> • "Land&House value(unlivable)", surrounding properties valued below the subject property. <br /> Evidence submitted by the county representative: <br /> • Subject property is located at 105 Mary Street,was built in in 1971, and contains 1,821 square <br /> feet. After reviewing the submitted documents and visiting the property the following <br /> adjustments are suggested: removal of the override physical 50%depreciation and adjust the <br /> effective age from 1975 to the actual year built of 1971, adding additional physical <br /> depreciation of 55%to total 80.65% for the non-livable condition of the property. <br /> • I reviewed the land of the surrounding lots, and all have flood plain adjustments. 107/109 Mary <br /> Street are the lots referenced as below the subject, in the appeal, and both have -20% flood <br /> plain adjustments for land values of$228,000. Lots 101/103 Mary Street are referenced as <br /> above the subject, and both have -10%flood plain adjustments for land values of$256,500. <br /> See attached map: <br /> • I adjusted the subject property land using-5%for flood plain due to the limited area affected, <br /> for a land value of$270,800. <br /> • The County's suggested changes would create a revised value of$322,800. <br /> • Current Property Record Card <br /> • Photographs of Subject <br /> • Map <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $322,800 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Chair of the UdOigned by: <br /> Leon Meyers <br /> 11/13/2025 <br /> Recording Secre 11;cuSigned by: <br /> Jennifer Rigsbee � 't Kokt, <br /> 11/13/2025 <br />