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Docusign Envelope ID:84157092-C2DE-402A-AE92-3A9DOF65AA54 <br /> • Appellant's Informal Appeal Summary <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Value Changed as Follows: $251,000 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner Yvonne W. Page A ellant(if different) Andrew Simpson <br /> Property Address 107 Eugene Street I Parcel ID or Abstract 19778947925 <br /> Statement of Appeal: Request reduction in value based on condition and a comparable sale. <br /> Current Assessed Value $339,300 County Opinion $270,600 <br /> Time of Hearin 3:OOPM AppeRantOpinion $196,185 <br /> County Representative C le Anderson Board Decision $270,600 <br /> Evidence submitted by the appellant: <br /> • The appellant is appealing based on the condition of the dwelling. The appellant also provided <br /> a comparable sale as supporting documentation. <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 a 0.16-acre tract improved with a 1,000-square-foot single-family <br /> dwelling located at 107 Eugene Street in Carrboro. County staff conducted an on-site field <br /> inspection for physical verification and photographs. Staff also reviewed the appellant's appeal <br /> and supporting documentation. After completing this review, County staff recommends the <br /> following adjustments: <br /> - Reduce the Quality Grade from C-10 to D+5 <br /> - Reduce the Effective Year Built to the actual year built(previously 1977) <br /> - Apply 35%additional physical depreciation <br /> - Apply a—15%land adjustment for drainage issues <br /> • Additionally,the subject's lot value was reviewed as part of a BOER-ordered neighborhood <br /> analysis conducted by Tanner Valuation Group. As a result of this neighborhood review, lot <br /> valuations were reduced from $250,000 to $225,000, and this reduction has been applied to the <br /> subject parcel. <br /> • After inspection and analysis, County staff recommends a revised assessed value of$270,600 <br /> for the subject property. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br />