Orange County NC Website
Docusign Envelope ID:6A24285A-81 BA-45BO-BD68-Cl1 D7E41 E41F0 <br /> Current Assessed Value $265,200 County Opinion $170,900 <br /> Time of Hearin 1:29PM Appellant Opinion $220,000 <br /> County Representative C le Anderson Board Decision $170,900 <br /> Evidence submitted by the appellant: <br /> • $220K is justified based on comparable sales around January 1, 2025 as well as the available <br /> listings started around January 1,2025. <br /> • The appellant provided several comparable properties to support their opinion of value. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 0.31-acre tract improved with a 1,344-square-foot single-family <br /> residence located at 403 Terrell Road in Hillsborough.The appellant contends that recent sales <br /> and listings support their opinion of value. <br /> • County staff conducted a field inspection for verification purposes. Based on observed <br /> conditions, the County recommends the following adjustments: <br /> - Reduce the effective year built from 1989 to 1969 <br /> - Change the condition from Average to Poor <br /> - Apply an additional 25%physical depreciation <br /> • These adjustments are supported by field observations and result in a revised assessed value of <br /> $170,900. <br /> • Photos of Subject <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Coun 's Proposed Value: $170,900 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Sandra Douglass Appellant(if different) <br /> Property Address 613 Kensington Drive Parcel ID or Abstract 19789765535 <br /> Statement of Appeal: Request a reduction in value based on the value of comparable properties. <br /> Current Assessed Value $760,700 ounty Opinion 1 $737,400 <br /> Time of Hearin 1:35PM Appellant Opinion Not provided <br /> County Representative Roger Gunn Board Decision $737,400 <br /> Evidence submitted by the appellant: <br /> • The appellant states that the revaluation of the land lacks a size adjustment coefficient and <br /> therefore appears to arbitrarily list all land values of properties and com arables at the same <br />