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Docusign Envelope ID:62C28587-A8F3-4CF0-9CCE-70DEEB5D3DD9 <br /> Evidence submitted by the appellant: <br /> • This property has not changed in value from prior. It was increased by half again from last <br /> year. There are no comparables for residential. I can't sell it currently due to zoning concerns <br /> with the county. I can't sell it for multiple factors with the flux that zoning is in. Last year's <br /> value is appropriate. <br /> Evidence submitted by the county representative: <br /> • The subject property is a vacant .44 acre lot on West Lakeview Drive in Chapel Hill. <br /> According to Chapel Hill's online zoning map,the parcel is zoned R-1,which permits up to <br /> three units per acre. However,the rear of the property backs onto Fordham Boulevard and is <br /> exposed to heavy traffic. <br /> • After review, the County recommends the following change: apply a-20%market adjustment <br /> to the land to reflect this external influence. <br /> • This change would result in a revised value from$150,000 to$120,000. <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • GIS Map <br /> • Zoning Map <br /> Motion of the Board Accept Count 's Proposed Value: $120,000 <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 Frank H. Christensen Appellant(if different) <br /> Property Address Unimproved 0.17 acre Parcel ID or Abstract 9890901153 <br /> parcel on the corner of E. <br /> Lakeview Drive and W. <br /> Lakeview Drive <br /> Statement of Appeal: Request a reduction in value based on zoning issues with Orange County. <br /> Current Assessed Value $100 ounty Opinion $100 <br /> Time of Hearin 2:15PM Appellant Opinion Not provided <br /> County Representative Roger Gunn Board Decision $100 <br /> Evidence submitted by the appellant: <br /> • This property has not changed in value from prior. It was increased by half again from last <br /> year. There are no comparables for residential. I can't sell it currently due to zoning concerns <br /> with the county. I can't sell it for multiple factors with the flux that zoning is in. Last year's <br /> value is appropriate. <br />