2025_12_09 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: 167B6114-F2FE-40FE-B240-9F96B7861224 • These proposed changes would result in an increase in total market value from$722,874 to $817.874. • Photo of Subject • GIS Map • Sales and Equity Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Count 's Proposed Value: $817,874 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Property Owner Evans Estates REI LLC Appellant(if different) Property Address Lots 3 and A,G and B Parcel ID or Abstract 9861028152 Farm Lane Statement of Appeal: Request a reduction in value based on limitations that diminish the marketability and usability of the property. Current Assessed Value $471,900 ounty Opinion $294,900 Time of Hearin 3:39PM Appellant Opinion $152,400 County Representative Jimmy Milliken Board Decision $294,900 Evidence submitted by the appellant: • Inappropriate Comparables Used in Valuation• The proposed value appears to be based on nearby subdivision developments (i.e.. Tuscany and South Creek)with completed homes starting at$600,000+. This is not an appropriate comparison for my property,which is raw, undeveloped land. •My property is located in the Rural Buffer Zoning District,while many of the comparables are in the Chapel Hill District,which has different zoning regulations, infrastructure, and desirability factors. •No adjacent or nearby properties (within 1 mile) are similarly situated all are developed with residences or income-producing improvements. Overvaluation Relative to Actual Market Value Based on research of comparable land sales within 1 mile,no similarly-sized undeveloped parcels have sold for values supporting the proposed assessment. The significant site preparation costs,regulatory hurdles, and usability restrictions severely diminish the market appeal and potential resale value of the property. • Overhead Powerlines and Easements: • A significant portion of the property is impacted by overhead powerlines, rendering approximately 1.1 acres unusable for building,animal housing, or irrigation due to safety and aesthetic concerns. •Utility easements further restrict land use, requiring me to maintain vegetation and granting utility companies access for installation and maintenance. This property has significant natural and man-made limitations that diminish its marketability and usability: Creek and Floodplain Impacts: •A creek crosses the entrance to the property, creating .8 acres of unusable land per Orange County UDO creek buffer requirements. •Crossing the creek for access requires substantial engineering: two 90-inch