Orange County NC Website
Docusign Envelope ID:CFFAFF29-39B4-41E3-B543-CDBEE36AF789 <br /> Current Assessed Value $223,100 County Opinion $225,800 <br /> Time of Hearin 2:54 PM Appellant Opinion $160,000 <br /> County Representative Louise Benson- Board Decision $225,800 <br /> Lochner <br /> Evidence submitted by the appellant: <br /> • The Appellant filed a formal appeal on 7/29/2025. <br /> • The Appellant stated"Per a review of my home insurance,my rebuild cost for my house is <br /> estimated at$120,000. The land values of my immediate neighbors are $18,395 per acre and <br /> $51,777 per acre. My land value is listed as $53,795 per acre. This is grossly inflated as <br /> nobody's land should be greater than$30,000 to$35,000 an acre in my area. Additionally, <br /> there is no fiber optic internet service at my location." <br /> • No additional evidence e.g.photos,repair bids, comparable sales were provided. <br /> Evidence submitted by the county representative: <br /> • NOTE: This appeal is a Continuance from 10/23/2025 due to the Appellant requesting <br /> additional time to provide evidence. <br /> • On October 9, 2025, a drive by visit of the subject was performed by this appraiser. A <br /> drive-by evaluation is considered a sufficient review due to the nature of the appeal. <br /> • Observations and corrections to assessed records include: <br /> 1. A structure in the County records noted as an attached Carport(CA)is incorrect; it is an <br /> Attached Garage(AG). The sketch was corrected and resulted in an increase in assessed value <br /> of$2,700. <br /> 2. The Actual Age of the home is 1977. The current Effective Year built is 1980, due to <br /> continual maintenance this is considered conservative and reflects a 45-year-old home. No <br /> change is recommended. <br /> 3. The Grade of the home is C+05, this is appropriate for the style and quality of the home. <br /> No change is recommended for grade. <br /> 4. The parcel is a 1.37-acre level lot located on a paved road. No land influences are applicable <br /> re: easements, topography, shape, access, or size. NBC 3004 has an assessed base rate of <br /> $56,000 per acre. The subject 1.37 acre has an adjusted base rate of$53,795 when including <br /> the size factor. <br /> 5. Appellant evidence-The Appellant has not provided evidence to warrant a reduction. A <br /> notation of an insurance value of$120,000 for the building was made with no supplemental <br /> report. With the correction of the attached garage, the assessed value of the residence itself <br /> would be $151,600. <br /> 6. A Comper Report is attached with MLS photos. The amenities of the 2 qualified Comps <br /> bracket the Subject with no significant variation that would justify a reduction of assessed <br /> value to $160,000 per the Appellant's request. <br /> • It is the appraisers position the current assessed value is appropriate when the correction of the <br /> attached garage is applied. This would result in a net increase of$2,700. <br /> • Assessed value of$225,800 for tax year 2025. <br /> 1. Current Property Record Card <br /> 2. Proposed Property Record Card <br />