2025_10_30 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:5E70BEDB-1C5C-4D06-AFFC-C88435F8F715 - Reduce Quality Grade from D+10 to D - Reduce Effective Year Built from 1979 to 1949 - Change Story Height from 1.5 stories to 1 story with attic - Remove the prior 15%downward adjustment to dwelling depreciation,as no justification was found for its application - Apply a-25%land adjustment to account for the dwelling's proximity to Highway 49 • Conclusion: Implementation of these adjustments results in a revised total assessed value of $111,600 for the subject property. • Subject Photo • GIS Map • Analysis of Land Sales • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept County's Proposed Value: $111,600 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Pro a Owner ing Cheng Appellant if different Property Address 1002 Willow Drive,Unit Parcel ID or Abstract 9799137408.081 81 Statement of Appeal: Request reduction in value based on condition and comparable sales. Current Assessed Value $272,300 ounty Opinion $244,400 Time of Hearin 10:03 AM Appellant Opinion $240,000 County Representative C le Anderson Board Decision $244,400 Evidence submitted by the appellant: • The appellant states that recently sold comparable properties in the neighborhood have sold for less than the subject's current assessed value. The appellant further indicates that the unit's central air system is not functioning and that the interior is outdated. • As supporting evidence,the appellant submitted three comparable sales from within the subject's neighborhood, along with interior photographs illustrating the unit's condition. Evidence submitted by the county representative: • The subject property is a 918 square foot condo, located at 1002 Willow Drive,Unit 81, in Chapel Hill. The appellant states that recently sold comparable units and condition issues are the reasons for this appeal. The appellant provided three comparable sales from the subject's condominium complex,two of which were from 2023. The appellant also provided a 2024 sale, which is in the County's sales analysis. The appellant also provided interior photos of the kitchen,bathroom,thermostat, and air intake to support the claim that this unit has not been updated.