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Docusign Envelope ID:84157092-C2DE-402A-AE92-3A9DOF65AA54 <br /> Motion of the Board Accept Count 's Proposed Value: $246,600 <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 Marlou Foushee Pippin Appellant(if different) I Andrew Simpson <br /> Property Address 106 Crest Drive Parcel ID or Abstract 19788047811 <br /> Statement of Appeal: Request reduction in value based on modest updates, drainage issues, and(lack of) <br /> comparable properties/sales. <br /> Current Assessed Value $399,700 ounty Opinion $298,900 <br /> Time of Hearin 1:44PM Appellant Opinion $259,715 <br /> County Representative Heidi Whetzel Board Decision $298,900 <br /> Evidence submitted by the appellant: <br /> • The home has been modestly updated to be comfortable; one bathroom is mostly original to the <br /> 1970s and all upgrades have been to make the property comfortable and livable. <br /> • Unresolved drainage issues along the side of the house that would need significant investment <br /> to mediate. <br /> • There are not comparable sales to my property. The recent sales reflect higher sales value <br /> because of significant renovations to those properties. <br /> • Hudson Vaughn was called as a witness and presented evidence on behalf of the appellant. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 106 Crest Drive in Chapel Hill. A site inspection was <br /> conducted on October 30, 2025,by Tanner Valuation Group. Based on the inspection <br /> findings, it is recommended that the Effective Year Built(EYB)be reduced from 1997 to <br /> 1977 to reflect the home's actual construction and condition. A-10%topography adjustment <br /> is also recommended to account for drainage issues. <br /> • This parcel meets the criteria identified in the Conservation District review,which the <br /> County recommends a—15%land adjustment for lot size being under 0.12 acres and adding a <br /> 15%external depreciation factor due to the improvement being under 1,750 square feet. The <br /> County recommends these changes based on TVG's findings, and the 15% adjustments <br /> should be applied uniformly to all similar properties to ensure consistency. <br /> • Photos of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br />