2025_12_10 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:2AE380D6-CCFA-4E2C-9964-9023855FBC51 • The subject property is a single-family home with 2,076 sf, 4 bedrooms and 2& 1/2 baths built in 1922 in the Northside district in Chapel Hill. • The home currently has a condition of Fair with an additional 30%depreciation for the needed repairs. • The County recommends lowering the effective year built from 1958 to 1942 and correcting the bath count to 2 full baths (removing half bath)resulting in a reduction in value from $370,700 to $362,100. • Photo • GIS Map • Sales and Equity Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Value Changed as Follows: $337,200 Made the motion Leon Meyers Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Property Identification: Property Owner Jane Lynette Atwater Appellant if different Andrew Simpson Property Address 123 S. Merritt Mill Road Parcel ID or Abstract 19788059248 Statement of Appeal: Request reduction in value based on position that valuation exceeds fair market value, condition, and comparable property values. Current Assessed Value $603,800 ounty Opinion $590,800 Time of Hearin 11:51AM Appellant Opinion $525,000 County Representative Jimmy Milliken Board Decision $590,800 Evidence submitted by the appellant: • To Whom It May Concern: o This firm represents Ms. Jane Garrett in this appeal of the 2025 assessed valuation for her property at 123 S Merritt Mill Road in Chapel Hill. The County has assigned a value of$603,800 to the parcel. We respectfully submit that the current valuation significantly exceeds the fair market value of the property as of January 1, 2025,and fails to account for the property's actual condition, lack of updates, and appropriate comparable sales analysis. Based on recent market evidence from properties of similar size, age, and condition,we respectfully request that the assessed value be reduced to $525,000. • Hudson Vaughn was called as a witness and presented evidence on behalf of the appellant. Evidence submitted by the county representative: • The subject property is located in NBC 7120 at 123 S.Merritt Mill Road. It was constructed in 1983 and contains approximately 2,308 square feet of living area. • The submitted appraisal includes two comparable sales: