2025_12_11 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: DDD996A4-9AEB-4186-AE75-797CE2829130 • The subject property is a 0.51-acre tract improved with a 3,219 square-foot single-family dwelling located at 201 N Occoneechee Street in Hillsborough. • Appellant Information: o The appellant states that the livable area totals 3,266 square feet,which exceeds the current County record of 2,653 square feet. The appellant provided photos as supporting documentation, noting that the additional square footage reflects a previously unfinished attic space that was converted into livable square footage that's heated and cooled with drywall and flooring. Accordingly,the County recommends updating the property record card to reflect 3,219 livable square feet, accomplished by adjusting the second-floor finished area from US 15 to US40. • Comparable Sale Review: o The appellant submitted one nearby comparable sale for consideration; however, County staff found that this property differs significantly due to its larger lot size and multiple additional improvements (two repair garages and a utility building) contributing$25,100 in additional assessed value. The main dwelling on the comparable parcel also reflects a lower construction quality and older condition, resulting in a lower price per square foot. • Equity and Neighborhood Analysis: o Staff performed a neighborhood sales and equity analysis of similarly graded homes in the area. This included 332 W Tryon Street, a property directly across from the subject, which is comparable in both size and grade. • Recommended Adjustments: o Increase livable area from 2,653 square feet to 3,219 square feet. o Reduce the effective year built to the actual year built, from 2022 to 2017. • Following verification and analysis, County staff recommends a revised assessed value of $821,200 for the subject property. • GIS Map • Sales Analysis • Equity Analysis • Sales Analysis(Appellant's Comparable) • Current Property Record Card • Proposed Property Record Card Motion of the Board Value Changed as Follows: $667,800 Made the motion Leon Meyers Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against ... Property Identification: Property Owner Yanping Zhang Appellant if different Property Address 119 Whirlaway Lane Parcel ID or Abstract 9850829673 Statement of Appeal: Request reduction in value based on comparable listings and condition of parcel.