2025_12_11 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: DDD996A4-9AEB-4186-AE75-797CE2829130 Current Assessed Value $1,865,300 County Opinion $1,865,300 Time of Hearin 10:20AM Appellant Opinion $1,200,000 County Representative Jimmy Milliken Board Decision $1,865,300 Evidence submitted by the appellant: • 212 Whirlaway Lane is currently on the market in our neighborhood. This house is much nicer custom build than our house and has a swimming pool and professional landscape. The house is 9,068 square feet and listed for$1,875,000 at$207/square foot. Thus,the opinion of our house value of$1,200,000 at $197/square foot is very reasonable. • The most recent comparable sale is 101 Whirlaway Lane,which is a 8,438 square foot house built on an open 3.25 acre lot. This house was sold on 6/20/2024 for$1,550,000 for $184/square foot. Our house is 6,098 square feet on a 4.01 acres lot. However, half of the lot is wooded hill and cannot be used for anything. The opinion of our house value of$1,200,000 equals a value of$197/square foot, which is higher than the most recent sale in our neighborhood. Evidence submitted by the county representative: • Subject Property Overview: The subject property is located at 119 Whirlaway Lane in NBC 7502. The home was built in 2009 and contains 6,098 square feet of living area. • Sales and Equity Review: County staff reviewed the submitted sale and prepared both a comparable sales report and an equity analysis,which included the appellant's sale as well as additional neighboring properties. These analyses were used to evaluate the subject's position within the market for NBC 7502. • The results indicate that the subject property's valuation is consistent with the market- supported range for this neighborhood. While the value-per-square-foot may appear higher when compared to some larger homes,this is a direct result of the CAMA valuation model and Schedule of Values adopted by the Orange County Board of County Commissioners, which yields different rates for larger, custom-built homes based on economies of scale. • Recommendation: Based on the evidence submitted and the analysis performed,the County recommends no change to the current assessed value. • Photo of Subject • GIS Map • Analysis • Current Property Record Card • Maps • Comper Report Motion of the Board Accept Count 's Proposed Value: $1,865,300 No Change in Value Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Property Owner I Mingxia Liu Appellant(if different)