Orange County NC Website
Docusign Envelope ID:614DC766-A81A-44A6-92ED-C23292EB4270 <br /> 2. GIS Map <br /> 2. Analysis report <br /> 3. Current property record card <br /> 4. Proposed property record card <br /> Motion of the Board Accept County's Proposed Value: $729,600 <br /> Made the motion Leon Meyers <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner Jianbin Zhao Appellant(if different) <br /> Property Address 1202 Maywood Way Parcel ID or Abstract 9874202080 <br /> Statement of Appeal: Request reduction in value based on comparable sale and current real estate <br /> market. <br /> Current Assessed Value $348,100 ounty Opinion $348,100 <br /> Time of Hearin 9:27 AM Appellant Opinion $330,000 <br /> County Representative Scott Zeman Board Decision $348,100 No change in value <br /> Evidence submitted by the appellant: <br /> • Comparable Sale: 506 Flat Ford Road sold for$330,000 in 2024 with exactly the same floor <br /> plan and square footage. <br /> • The subject property was bought in 2024 for$334,000.This year,the real estate value is <br /> actually lower than last year. <br /> Evidence submitted by the county representative: <br /> • A county appraiser performed a site review on 11/5/2025. The appraiser was able to access the <br /> exterior of the of the property to take photographs and verify characteristics. No interior <br /> photographs were provided. <br /> • Appraiser observations and recommendations: <br /> 1. GRADE: The residence has a grade of 13+10 which is consistent with townhomes in Collins <br /> Ridge.No change to grade is recommended. <br /> 2. AGE: The residence was built in 2023 and has an effective year built of 2023. No change to <br /> effective year built is recommended. <br /> 3. CONDITION: The residence is currently in Average condition.No change to condition is <br /> recommended. <br /> 4. SALES ANALYSIS: The subject property sold in March 2024 and the appellant's <br /> comparable sold in February 2024. There were more recent sales of similar units occurring <br />