Orange County NC Website
Docusign Envelope ID:614DC766-A81A-44A6-92ED-C23292EB4270 <br /> • After review, The County recommends correcting the year built of the home to 1999 and <br /> adding a-10%adjustment to the land for floodplain resulting in a reduction of value from <br /> $431,000 to $398,000. <br /> • Photo of subject <br /> • GIS Map <br /> • Equity Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $398,000 <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 Jihui Zhang JAppeHant(if different) <br /> Property Address 102 Rowe Road I Parcel ID or Abstract 19880048688 <br /> Statement of Appeal: Request reduction in value based on comparable properties. <br /> Current Assessed Value $730,900 ounty Opinion $729,600 <br /> Time of Hearin 9:20 AM Appellant Opinion $710,500 <br /> County Representative Bill Hiltbold Board Decision $729,600 <br /> Evidence submitted by the appellant: <br /> • Neighborhood average home price(sale price) $680,000; neighborhood median home <br /> rice assessed value $710,500. <br /> Evidence submitted by the county representative: <br /> • The subject property presently has a$30,000 reduction in land value for an easement. <br /> • Please see the analysis report. I have not seen comparisons closer than in this <br /> neighborhood. 2023 and 2024 sales are listed at the top of the report. The subject is <br /> presently$25/square foot below the mean and median sale price/square foot and <br /> $25,000 below the mean and median of total value. If it were not for the land reduction, <br /> this property would align very close to comparisons. <br /> • I visited the property and corrected the sketch with a shorter garage, slightly larger <br /> deck, and front bay windows. These changes reduce living area to 3,099 square feet <br /> and building value to $459,600. <br /> • If the board accepts these changes the total property value would decrease from <br /> $730,900 to $729,600. <br /> 1. Photo <br />