2025_10_22 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: E1E12D4B-C73D-4424-8A3B-CE4FB0113F17 Property Identification: Property Owner IFrances B.Shackelford Appellant(if different) Property Address 13718 Brockwell Road I Parcel ID or Abstract 19882945420 Statement of Appeal: Request reduction in value based on vacant lot and Zillow value estimate. Current Assessed Value $67,400 County Opinion 1 $52,800 Time of Hearin 4:40 PM Appellant Opinion $38,700 County Representative C le Anderson Board Decision $52,800 Evidence submitted by the appellant: • The appellant states that the subject property is essentially a vacant lot, as they do not own the single-wide mobile home currently situated on it. The appellant further indicates that their opinion of value was derived from an online estimate obtained from Zillow.com. • As supporting documentation,the appellant submitted an offer-to-purchase letter dated April 29, 2025, from an investor offering$296,554.80 for the adjacent property located at 3714 Brockwell Road. The appellant also provided photographs of the neighboring property at 3708 Brockwell Road to illustrate its alleged lack of maintenance. Evidence submitted by the county representative: • Property Summary and Recommendation: • The subject property is a 0.92-acre tract located at 3718 Brockwell Road in Durham. The parcel is improved with a single-wide mobile home, which is listed and assessed separately as personal property. The appellant states that their opinion of value was derived from Zillow.com,which estimates the property's value at$38,700.As supporting documentation, the appellant provided an offer-to-purchase letter dated April 29, 2025, for the adjacent lot located at 3714 Brockwell Road, as well as photographs of a neighboring property at 3708 Brockwell Road,which the appellant contends is poorly maintained and adversely affects the subject property's market value. • The County reviewed the appellant's materials and conducted a physical inspection of the property for verification purposes. The offer to purchase (dated April 29, 2025)was from an investor seeking to acquire land at discounted rates, and therefore does not represent true market value. Similarly,the Zillow.com estimate cited by the appellant is not a reliable indicator of market value as of January 1,2025, as it is based on automated modeling and does not account for site-specific factors. Accordingly,the County finds that the appellant has not provided sufficient evidence to meet the burden of proof in support of their opinion of value of $38,700. • During the inspection,the County confirmed that the subject property shares a well with an adjacent lot. The irregular shape of the tract was also noted as a factor that would likely have a negative impact on marketability. To account for these issues,the County recommends revising the current land adjustment from Shape to Market(Shape and Shared Well)and increasing the adjustment amount from-10%to-30%.Based on these changes, the revised assessed value for the subject property is $52,800.