Orange County NC Website
Docusign Envelope ID:ADDFB1 EB-BBE4-4481-9F1 8-B65FOBAOOB7E <br /> • The appellant requested that County staff visit the property to observe the large drainage pipe <br /> located on-site. The appellant states that the lot serves as a drainage area,has experienced <br /> significant erosion, and does not perc. <br /> • County Staff Review: County staff visited the subject property for physical verification and <br /> photos, and reviewed the Property Record Card. The land currently includes a-75% adjustment <br /> to account for the non-perking condition, as well as a+50%waterfront adjustment. It is also <br /> noted that the property sold in June 2022 for$40,000. <br /> • Recommendation: After review and site inspection, County staff recommends the following <br /> changes: <br /> - Remove the+50%Waterfront adjustment, as the property lacks a private dock and has <br /> limited water frontage compared to other waterfront lots in the neighborhood. <br /> - Increase the-75%Land(No Perc) adjustment to -85%to reflect additional market impact <br /> from drainage and erosion issues. <br /> • Although the property sold for$40,000 in 2022,these recommended adjustments better reflect <br /> the physical limitations of the site. The proposed changes would reduce the total assessed value <br /> from$39,500 to $15,800. <br /> • Subject Photos#1 Through#3 <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $15,800 <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 Bruce G. Fenn Appellant if different <br /> Property Address 104 Woodmark Court Parcel ID or Abstract 19890620990 <br /> Statement of Appeal: Request reduction in value based on comparable properties and perceived <br /> inconsistencies and omissions. <br /> Current Assessed Value $809,600 ounty Opinion $800,700 <br /> Time of Hearin 3:40 PM Appellant Opinion 1 $637,073 <br /> County Representative Jimmy Milliken Board Decision 1 $800,700 <br /> Evidence submitted by the appellant: <br /> • Dear Sir/Madam, I am writing to address inconsistencies and omissions that I observed while <br /> reviewing the recent Orange County Tax Revaluation of my propertyand similarly situated <br />