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232 <br /> Comparable 9-Little River Elementary, 2315 Snow Hill Road, Durham <br /> :Sa �`G(eyY S�S:`qr <br /> 9 � <br /> ` M <br /> ~m <br /> � ; S L..Tri r4i1 <br /> AIL <br /> _s <br /> This school site is located on the east side of Snow Hill Road and has an adjoining elderly care <br /> center, fire department and Durham Technical Community College as well as residential single <br /> family uses. <br /> Adjoining Use Breakdown <br /> Acreage Parcels <br /> Residential 12.41% 75.00% <br /> Agricultural 67.35% 8.33% <br /> Institutional (Fire Dept) 6.25% 8.33% <br /> School 13.99% 8.33% <br /> Total 100.00% 100.00% <br /> Parcel 8 sold on March 19, 2018 for$188,000 for a dwelling built in 1978 with 1,292 square feet on <br /> 0.49 acres. This home is brick with three bedrooms and two bathrooms. The sales price works out <br /> to $145.51 per square foot. This home was advertised as having a custom designer kitchen with <br /> lots of upgrades including stainless steel appliances, bamboo flooring, and granite kitchen counters. <br /> I have compared this to 1900 Torredge Road which is a dwelling that sold on July 2, 2018 for <br /> $185,000 for a 1,352 square foot brick dwelling built in 1976 with three bedrooms and two <br /> bathrooms. This is on a 0.49 acre lot. The indicated price works out to $136.83 per square foot. <br /> Adjusting this upward by 10% for inferior upgrades, the indicated price is $150.51 per square foot. <br /> This is within 3%of Parcel 8 and does not support an indication of a negative impact. <br /> I have also compared Parcel 8 to 1607 Infinity Road which sold on September 20, 2018 for a 1,870 <br /> square foot brick dwelling built in 1974 on a 0.50-acre lot with three bedrooms, two bathrooms, a <br /> carport, and a detached two-car garage. This sold for $215,000, or $114.97 per square foot. <br /> Adjusting this upward by 15% for an inferior larger size, 10% for inferior upgrades, but downward <br />