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Docusign Envelope ID:84157092-C2DE-402A-AE92-3A9DOF65AA54 <br /> I <br /> Evidence submitted by the county representative: <br /> • The subject property is a 0.44-acre lot improved with an 870 square foot single family dwelling <br /> located at 106 Guthrie Avenue in Carrboro. The appellant's attorney,Andrew Simpson,notes <br /> that there are major issues associated with this property that adversely affect its market value. <br /> • County staff conducted an on-site inspection for physical verification purposes and photos, and <br /> to verify claims made by the appellant. As with the neighboring lot at 104 Guthrie Avenue, <br /> this property has significant issues affecting its marketability. After reviewing the appeal and <br /> completing the field inspection, County staff recommends the following adjustments to <br /> accurately reflect the property's condition and market limitations: <br /> - Reduce grade from C-10 TO D+5 <br /> - Reduce effective year built to actual year built(from 1987) <br /> - Condition from average to fair <br /> - Apply additional 30%physical depreciation <br /> - Increase land adjustment from-40%to-50% <br /> • Additionally,the subject's lot value was also reviewed as part of a BOER-ordered <br /> neighborhood analysis performed by Tanner Valuation Group. As a result of that review, lot <br /> valuations in this neighborhood were reduced from$250,000 to $225,000, and this adjustment <br /> has been applied to the subject parcel. <br /> • These proposed changes would result in a revised assessment of$153,000 for the subject <br /> property. <br /> • Photos of Subject <br /> • GIS Map <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Value Changed as Follows: $96,800 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Leon Meyers <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner William Gattis Trustee Appellant if different Andrew Simpson <br /> Property Address 104 Guthrie Avenue Parcel ID or Abstract 19788041917 <br /> Statement of Appeal: Request reduction in value based on environmental constraints, infrastructure <br /> access limitations, lack of basic infrastructure access, floodplain,no access to public sewer systems,no <br /> public road access, and equity comparables. <br /> Current Assessed Value $265,400 ounty Opinion $150,000 <br /> Time of Hearin 2:45PM Appellant Opinion $130,000 <br /> County Representative C le Anderson Board Decision $150,000 <br /> Evidence submitted by the appellant: <br />