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Docusign Envelope ID: 167B6114-F2FE-40FE-B240-9F96B7861224 <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 Condoza Pinnix Jeffries Appellant(if different) <br /> Property Address 8.47 acre Unimproved Parcel ID or Abstract 9837565115 <br /> parcel on Harmony Church <br /> Road <br /> Statement of Appeal: Request a reduction in value based on land restrictions(creek)and comparable <br /> sales. <br /> Current Assessed Value $143,400 County Opinion $107,600 <br /> Time of Hearin 2:31PM Appellant Opinion $80,000 <br /> County Representative Roger Gunn Board Decision $107,600 <br /> Evidence submitted by the appellant: <br /> • In the appellant's appeal form she states that the"creek has restrictions for use on the property." <br /> As part of her documentation, she included four qualified land sales in the area from 2023 and <br /> 2024 ranging in size from 2.72 acres to 22.81 acres and ranging in value from$9,800 per acre <br /> to $31,912 per acre. <br /> Evidence submitted by the county representative: <br /> • The subject is a 8.47-acre vacant parcel on Harmony Church Road in Efland and is valued at <br /> $16,930 per acre. In analyzing the appellant's provided sales, it is unclear how the appellant's <br /> estimated value of$80,000 or$9,445 per acre was determined. The appellant's lowest valued <br /> comp of 10 acres at$98,000 or$9,800 an acre has no road frontage and is adjusted downward <br /> 20%for access. Similarly, the next most similar sized comp of 5.21 acres is valued at$13,743 <br /> an acre but also does not have road frontage and is accessed by a private access/utility <br /> easement. The two other comparables, a 2.72-acre and a 22.81- acre parcel were not <br /> considered because of their significant size differences. <br /> • Upon review, the County does recognize that the subject has somewhat of an unusual shape <br /> and a creek running through the front of the site,both of which are hindrances to development. <br /> For this reason,the County recommends applying a-25%market adjustment to the property to <br /> account for its shape and the creek influence which would reduce the overall valuation of the <br /> subject to $107,200 or$12,656 per acre. <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $107,600 <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br />