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218 <br /> Data-Orange/Alamance County Market <br /> I considered the following school sites in order to illustrate compatibility between rural schools and <br /> adjoining residential uses. <br /> Comparable 1 -Stanback Middle School, Hillsborough, NC <br /> 6 r', <br /> � CJ� <br /> E�Sl'Gr�`_ _ �•:"`..a <br /> r�=t <br /> i - <br /> t� I <br /> 5..SlS[ t}R <br /> This school site is located at the southeast corner of NC 86 S and E Storey Lane. Orange County <br /> School Community Relations is located on the tract to the north, but otherwise adjoining uses are <br /> all residential. Homes located on Stoney Creek Road to the east are selling for prices ranging from <br /> $600,000 to $1,200,000. <br /> The home on the parcel adjacent to the school and located at 3800 S NC 86 Highway sold on March <br /> 27, 2018 for $375,000 after being on the market for 46 days with an asking price of $375,000. <br /> This 1.5 story home was built in 1967 with 4 bedrooms and 2 full bathrooms in 2,502 s.f. on 2.07 <br /> acres. This home was designed by an architect for personal use and was renovated with new <br /> windows, roof, and updated kitchen and bathrooms. These upgrades coupled with the age make it <br /> difficult to compare this home to nearby home sales, but for comparison purposes the sales price <br /> works out to$149.88 per square foot. <br /> I did compare this to nearby 3908 Stoneycreek Road that is a 2 story home on 4.75 acres that sold <br /> on November 8, 2018 for $326,825, or $148.29 per square foot. This home was built in 1980 and <br /> includes 3 bedrooms, 2 full bathrooms, and one half bathroom. This home is located off of NC 86S <br /> so has better privacy and is located on a lot greater than twice the size of the home adjoining the <br />