2025_12_10 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:2AE380D6-CCFA-4E2C-9964-9023855FBC51 Motion of the Board Accept Count 's Proposed Value: $329,000 Made the motion Leon Meyers Seconded the motion Barbara Levine Voted For Leon Meyers Barbara Levine Voted Against Saru Salvi Property Identification: Property Owner Rodney Antoine Taylor Appellant(if different) Andrew Simpson Sr. Property Address 433 Mason Street Parcel ID or Abstract 9788096126 Statement of Appeal: Request reduction in value based on position that valuation exceeds fair market value, environmental constraints, infrastructure limitations, and neighborhood vertical equity concerns. Current Assessed Value $349,765 ounty Opinion $284,365 Time of Hearin 10:17AM Appellant Opinion $250,065 County Representative Kelly Wells Board Decision $262,365 Evidence submitted by the appellant: • 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 severe environmental constraints, infrastructure limitations, and vertical equity concerns within the immediate neighborhood. • As documented in the attached GIS mapping and photographs,the home sits at the edge of a dramatic slope with a creek running behind the property. The steep topography creates such severe development limitations that less than 40%of the lot is actually buildable. • 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 a 1,008-sf single family home with 3 bedrooms and 1 & 1/2 baths build in 1980 on a .41-acre lot in the Northside District in Chapel Hill. • During the BOER directed neighborhood review, the land base price was reduced from $250,000 to $220,000 reducing the property to the current value of$349,765. Although the lot is larger than a typical lot, no size adjustment was made due to the topography of the land. • Tanner Valuations Group reviewed the property and the appeal and recommend a topography adjustment of-25%noting that the only usable land is where the dwelling was constructed. About.12 acres of the parcel is usable and a-25%is consistent with the size adjustment assigned to that size lot. The County also recommends reducing the effective year built from 1990 to the actual year built of 1980 in addition to the -25%land adjustment resulting in a reduction in value from $349,765 to$284,365. • Photo • GIS Map • Sales and Equity Analysis • Current Property Record Card • Proposed Property Record Card