Orange County NC Website
Browse       Search
Docusign Envelope ID: E1E12D4B-C73D-4424-8A3B-CE4FB0113F17 <br /> • 2. AGE: The residence was built in 1965 and has an effective year built of 1991. Interior <br /> photos obtained from MLS show the residence has older cabinets,plumbing fixtures, and <br /> baseboard heating. No significant issues to the foundation were observed during the exterior <br /> review. An effective year built of 1980 is recommended. <br /> • 3. CONDITION: The residence is currently in Average condition for its age, and no change is <br /> recommended. <br /> • 4. ANALYSIS OF SALES: The appellant has submitted three comparable sales. The sale of <br /> 904 Grove Street is considered unqualified, as it was bought by an investor(Opendoor)at <br /> below market value. 415 Long Leaf Drive sold for$306 per square foot in 2024, and 305 Birch <br /> Circle sold for$190 per square foot in 2023. <br /> • The county conducted an analysis of five sales within the Briarcliff neighborhood and <br /> determined a median sale price per square foot of$297. The properties used in the analysis are <br /> considered to be of similar age and condition to the subject property. With the recommended <br /> changes to grade and effective year built, the subject property would be assessed at$291 per <br /> square foot. <br /> • The county recommends the subject property be revalued from$653,800 to $608,800 with <br /> changes to the grade and effective year built. The adjusted value is supported by the county's <br /> sales analysis. <br /> 1. GIS map <br /> 2. Front and side photos <br /> 3. Interior photos obtained from MLS <br /> 4. Appellant's comparable sales <br /> 5. County's sales analysis. <br /> 6. Current property record <br /> 7. Proposed property record <br /> Motion of the Board Accept Count 's Proposed Value: $608,800 <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 Schopler Family LLC Appellant(if different) <br /> Property Address 305 Brookside Drive Parcel ID or Abstract 9788245407 <br /> Statement of Appeal: Request reduction in value based on 2023 fee appraisal. <br /> Current Assessed Value $795,800 ounty Opinion $795,800 <br /> Time of Hearin 2:53 PM Appellant Opinion $650,000 <br /> County Representative Dana Hall Board Decision $795,800 No Change <br /> Evidence submitted by the appellant: <br /> • The property was appraised by a fee paid appraiser on 11/2/2023. At that time,it was appraised <br /> for$600,000. There is no way it went up in value by 32%in a little over a year. <br /> Evidence submitted by the county representative: <br />