Orange County NC Website
Docusign Envelope ID:614DC766-A81A-44A6-92ED-C23292EB4270 <br /> later in 2024. The subject's value is based on the more recent sales rather than the purchase <br /> price earlier in the year. <br /> • An analysis of five sales shows an average sale price of$206 per finished square foot and a <br /> median of$203. The subject property is currently assessed at$205 per finished square foot. <br /> • Based on the sales analysis,no change in value is recommended. <br /> 1. Overhead and exterior photos <br /> 2. County's sales analysis <br /> 3. Property record card <br /> Motion of the Board Accept County's Proposed Value: $348,100 No change in value <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 Land Marks Henderson Appellant(if different) <br /> Street LLC <br /> Property Address 1306 Henderson Street Parcel ID or Abstract 9788480518 <br /> Statement of Appeal: Request reduction in value based on perceived incorrect land value/utility. <br /> Current Assessed Value $954,400 County Opinion $954,400 <br /> Time of Hearin 9:35 AM Appellant Opinion $550,000 <br /> County Representative Roger Gunn Board Decision $954,400 No change in value <br /> Evidence submitted by the appellant: <br /> • The appellant states that he strongly feels the land value of this property is not correct as it <br /> cannot be torn down to be used for commercial benefit. <br /> Evidence submitted by the county representative: <br /> • The subject is Two-to Four Unit property built in 1892 containing 2,434 square feet and <br /> situated on a .2-acre lot. Lots in the subject neighborhood NBC 7172 (Franklin Rosemary <br /> Historic Area)have a base pricing of$700,000 per lot,which is the lot value for the subject. <br /> • As the appellant provided no evidence that the value established by the County is incorrect, the <br /> County recommends no change in value for this property. <br /> • Location Map of Subject <br /> • Current Property Record Card <br />