Orange County NC Website
Docusign Envelope ID:6A24285A-81 BA-45BO-BD68-Cl1 D7E41 E4F0 <br /> ➢ AGE: The residence was built in 2016 and has a current effective year built of 2019. <br /> The county recommends the effective year built be changed to 2016 based on an equity <br /> analysis. <br /> ➢ CONDITION/DEPRECIATION: The residence is currently in Average condition. The <br /> county recommends adding a-5%design depreciation factor for subject having only <br /> 2.5 baths. Properties with similar square footages that have recently sold have 3.5 <br /> baths. This change is also equity based. <br /> ➢ BUILDING SKETCH: The current property sketch is missing a slab foundation. The <br /> county recommends adding a slab foundation to the property sketch. <br /> ➢ EQUITY ANALYSIS: The appellant presents a valid argument for the subject to be <br /> valued equitably with 244 Rubrum Drive. After an informal appeal in 2025, 244 <br /> Rubrum Drive was given a-5%depreciation factor for having 2.5 bedrooms, and its <br /> effective year built was reduced to 2016. The county recommends the same changes <br /> for the subject property. <br /> • With these changes,the county recommends a value adjustment from$500,800 to$478,800. <br /> • Photos of Subject <br /> • Equity Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $478,800 <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 Ann Henkels Appellant(if different) <br /> Property Address 106 Meadowbrook Drive I Parcel ID or Abstract 19789924945 <br /> Statement of Appeal: Request a reduction in value based on the value of comparable properties. <br /> Current Assessed Value $544,800 County Opinion 1 $544,800 <br /> Time of Hearin 3:36PM Appellant Opinion 1 $330,000 <br /> County Representative Jimmy Milliken Board Decision 1 $464,800 <br /> Evidence submitted by the appellant: <br /> • The house is valued correct,but the land is not based on the different land sizes on <br /> Meadowbrook Drive. <br /> Evidence submitted by the county representative: <br /> • Property Review Summary— 106 Meadowbrook Drive(NBC 7445) <br /> • The subject property is located in NBC 7445 at 106 Meadowbrook Drive. It was constructed in <br /> 1957 and contains approximately 1,823 square feet of living area. <br />