2025_11_20 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:CFFAFF29-39B4-41E3-B543-CDBEE36AF789 Motion of the Board Value Changed as Follows: $700,300(condition Average to Fair and-10%topography adjustment for stream Made the motion Saru Salvi Seconded the motion Shannon Julian Voted For All BOER Members Voted Against ... Property Identification: Property Owner Elizabeth A. Patton Appellant(if different) Property Address 14114 Sugar Ridge Road Parcel ID or Abstract 19841591068 Statement of Appeal: Request reduction in value based on comparable sales and condition. Current Assessed Value $490,000 ounty Opinion $393,900 Time of Hearin 2:07 PM Appellant Opinion $330,000 County Representative Cyle Anderson Board Decision $393,900 Evidence submitted by the appellant: • The appellant submitted six sales in an attempt to illustrate the value differences between two- bedroom homes and three-and four-bedroom homes in rural Orange County. The appellant also states that the subject property is in poor condition and requires numerous major repairs. Photographs were provided as supporting documentation. Evidence submitted by the county representative: • The subject property is a 10.13-acre tract improved with a 1,985-square-foot single-family dwelling located at 4114 Sugar Ridge Road in Hillsborough. The appellant submitted six properties in an effort to demonstrate value differences between two-bedroom homes and three-and four-bedroom homes. However, the three sales used to represent two-bedroom homes are townhomes located in Durham County and are therefore not comparable to single- family dwellings in rural Orange County. • County staff visited the subject property and reviewed the appellant's photographs and comments regarding the dwelling's condition. The subject is located within a small neighborhood consisting of only ten parcels, and no recent sales were available for analysis. After review and inspection,the County recommends the following changes: - Reduce the Effective Year Built from 1996 to 1986 - Change the Condition to Fair - Apply 30%Physical Depreciation • These recommended adjustments account for the deteriorating condition of the dwelling and its impact on market value,reducing the subject property's assessed value from$490,000 to $393,900.