2025_10_29 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:6A24285A-81 BA-45BO-BD68-Cl1 D7E41 E41F0 Property Identification: Prove Provertv Owner Michael Owino Appellant(if different) Property Address 20 Banbury Lane Parcel ID or Abstract 9799447715.020 Statement of Appeal: Request a reduction in value based on the condition of the home,purchase price and comparable sales. Current Assessed Value $258,800 ounty Opinion $258,800 Time of Hearin 1:24PM Appellant Opinion $220,000 County Representative C le Anderson Board Decision $258,800 Evidence submitted by the appellant: • The appellant states that condition,purchase price, and comparable sales are the basis for this appeal. The appellant also notes that the home has not been improved and does not include a sun room. No supporting documentation or evidence was provided with this appeal. Evidence submitted by the county representative: • The subject property is a 1,492-square-foot condominium located at 20 Banbury Lane in Chapel Hill. The appellant asserts an opinion of value of$220,000 but did not provide any supporting documentation with the appeal. • County staff reviewed the appeal and analyzed three recent comparable sales within the subject's neighborhood. The analysis indicates that the subject property's current assessed value is consistent with market-supported values for similar units. Therefore,the County recommends no change to the current assessment of$258,800. • Photo of Subject • GIS Map • Sales Analysis • Current Property Record Card Motion of the Board Accept Count 's Proposed Value: $258,800 No Change in Value Made the motion Leon Meyers Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Jiakun Wu Appellant if different Property Address 403 Terrell Road Parcel ID or Abstract 19864680982 Statement of Appeal: Request a reduction in value based on comparable sales.