Orange County NC Website
Docusign Envelope ID:5E70BEDB-1C5C-4D06-AFFC-C88435F8F715 <br /> • The County recommends a revised assessed value of$259,900 for the subject property. <br /> • Subject Photo <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $259,900 <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 I Carl D. Atkins Trustee Appellant(if different) <br /> Property Address 16526 NC 49 Parcel ID or Abstract 19829616436 <br /> Statement of Appeal: Request reduction in value based on perceived excessive increase, condition, <br /> proximity to road, and comparable properties. <br /> Current Assessed Value $131,600 ounty Opinion $111,600 <br /> Time of Hearin 9:57 AM Appellant Opinion $93,225 <br /> County Representative C le Anderson Board Decision $111,600 <br /> Evidence submitted by the appellant: <br /> • The appellant contends that the 65%increase in the assessed value of the subject property is <br /> excessive, citing that the property is in below-average condition. The appellant also notes that <br /> the dwelling is situated approximately 22 feet from the Highway 49 right-of-way,which they <br /> believe negatively impacts the property's value. To support their opinion of value,the appellant <br /> submitted two comparable sales for consideration. <br /> Evidence submitted by the county representative: <br /> • Property Information: The subject property is a 1.21-acre tract with a 798-square-foot single- <br /> family dwelling, located at 6526 NC Highway 49 in Mebane. <br /> • Appellant's Statement: The appellant contends that the 65% increase in assessed value is <br /> excessive given the issues associated with the property. Two comparable properties were <br /> submitted as supporting documentation. <br /> • County Review: County staff conducted a physical inspection of the property. The appellant's <br /> submittal was reviewed in detail. The two comparables provided by the appellant-7275 <br /> Atkins Road and 7284 Highway 49—were both active listings and therefore could not be <br /> considered as valid sales for valuation purposes. <br /> • In addition,the County analyzed recent land sales within the subject neighborhood. These sales <br /> involved significantly larger tracts than the subject property,resulting in substantially lower <br /> prices per acre and limited comparability. <br /> • Following the physical inspection and review of the appeal,the County recommends the <br /> following adjustments to better reflect the property's characteristics and market position: <br /> - Change GP Glazed Porch to EP Enclosed Porch <br />