2025_10_30 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:A845A664-1 FD8-47D6-8435-6C2FDECBEA46 *Increasing the adjustment on the land from -10%to -15% • Resulting in a reduction in value from$420,800 to$402,800 • Photo of subject • Pictures from 2022 listing • GIS Map • Sales and Equity Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Continue to a Future Date/Time: Reassess all active Fair Oaks Tappealed properties Made the motion Leon Meyers Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Alessandro Travaglia Appellant(if different) Property Address 2204 Pathway Drive Parcel ID or Abstract 9779323576 Statement of Appeal: Request reduction in value based on comparison to single-family homes vs. townhomes and a potentially questionable comparable property. Current Assessed Value $407,600 ounty Opinion $392,000 Time of Hearin 1:28 PM Appellant Opinion $309,000 County Representative Kelly Wells Board Decision Continued Evidence submitted by the appellant: • This request is based on comparison of my property to the following property,which is located just a few houses down the road, was sold in July 2025 for$440,000($268 per sq. .), has 3 bedrooms while mine has 2, an appraised square footage of 1,640 sq. . while mine is 1,152 sq. and 3 full bathrooms while mine has 2. • My home should have a different value than single family homes beyond just construction and land value. Single family homes have full control over their home maintenance, we do not. Evidence submitted by the county representative: • The subject property is a town home with 1,152 square feet 2 bedroom and 2& 1/2 baths built in 1988 located in the Fair Oaks subdivision in Chapel Hill. • Based on sales of similar units, The County recommends *Reducing the effective year built from 1995 to 1993 *Increasing the land adjustment from-10%to -15% • Resulting in a revised value from$407,600 to$392,000 • Photo of subject