Orange County NC Website
Docusign Envelope ID:84157092-C2DE-402A-AE92-3A9DOF65AA54 <br /> Current Assessed Value $377,400 County Opinion $332,400 <br /> Time of Hearin 3:57PM Appellant Opinion $261,500 <br /> County Representative Jimmy Milliken Board Decision $315,700 <br /> Evidence submitted by the appellant: <br /> • This formal appeal is supported by the Orange County Property Tax Justice Coalition, <br /> requesting a reduction in value based on the condition of the home and comparable sales. <br /> • Hudson Vaughn was called as a witness and presented evidence on behalf of the appellant. <br /> Evidence submitted by the county representative: <br /> • Subject Property Overview: The subject property is located at 113 Alabama Avenue in NBC <br /> 7200. The home was built in 1966 and contains 1,572 square feet of living area. <br /> • Neighborhood Review: Through orders from the Board of Equalization&Review(BOER), <br /> TVG conducted a review of NBC 7200 and adjusted the neighborhood land value from <br /> $210,000 to $165,000. This revised land rate has been applied to all parcels within the <br /> neighborhood, including the subject property. The subject property now has a current revised <br /> value of$332,400. <br /> • A review of the Alabama Avenue assessments indicates that the subject property's valuation is <br /> consistent with comparable homes in the neighborhood and reflects the land adjustment <br /> already implemented. <br /> • Recommendation: Based on the neighborhood review and comparison of nearby assessments, <br /> the County recommends no additional changes to the current valuation. <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Photo of Subject <br /> • GIS Map <br /> Motion of the Board Value Changed as Follows: $315,700 <br /> Made the motion Leon Meyers <br /> Seconded the motion Richal Vanhook <br /> Voted For Leon Meyers Richal Vanhook <br /> Voted Against Saru Salvi <br /> Property Identification: <br /> PropertyOwner James Atwater Jr. Appellant if different Andrew Simpson <br /> Property Address Lot 5, Alabama Avenue Parcel ID or Abstract 19778457114 <br /> Statement of Appeal: Request a reduction in value based on the condition of the home and comparable <br /> sales. <br /> Current Assessed Value $210,000 ounty Opinion $165,000 <br /> Time of Hearin 4:21PM Appellant Opinion $134,500 <br /> County Representative Jimmy Milliken Board Decision $134,500 <br />