Orange County NC Website
Docusign Envelope ID: DDD996A4-9AEB-4186-AE75-797CE2829130 <br /> 1. GRADE: The residence has a grade of A+90. The grade is consistent with the other <br /> condominiums in Greenbridge, and no change is recommended to the grade <br /> 2. AGE: The residence was built in 2009 and currently has an effective year built of 2012. No <br /> change to effective year built is recommended. <br /> 3. CONDITION: The property is in Average condition.No change to condition is <br /> recommended. <br /> 4. SQUARE FOOTAGE: The appeal is based in part on a discrepancy in square footage. The <br /> appellant states that the square footage of the subject unit should be 1,186 versus the county's <br /> recorded square footage of 1,284. For the Greenbridge condominiums, square footage was <br /> calculated from the exterior measurements on the recorded plans in Plat Book 107,pages 53-66 <br /> with the measurements rounded to the nearest whole foot. A county appraiser reviewed the <br /> subject unit's dimensions on the plat recording(attached in the appeal documentation)and <br /> determined that no change in square footage is needed. The appellant's purported 1,186 square <br /> feet is presumably calculated from interior measurements by a third-party appraiser or realtor. <br /> 5. SALES ANALYSIS: The appeal is based on a sale of Unit 514 for$532 per square foot. <br /> While this sale by itself may justify a change in value,additional sales in Greenbridge should <br /> be considered as well. The county performed an analysis of five recent sales in Greenbridge. <br /> The median sale price of the five sales was $552 per square foot. The subject property is <br /> currently assessed at$537 per square foot. Based on the sales analysis,no change in value is <br /> recommended. <br /> • The county recommends no change in valuation. <br /> • Photos of Subject <br /> • Plat recording P 107/59 <br /> • Current sketch on property record <br /> • County sales analysis <br /> • Appellant evidence <br /> • Current Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $689,600 No Change in Value <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Ariel Adams Appellant(if different) <br /> Property Address 1321 W. Poplar Avenue Parcel ID or Abstract 19778472066 <br /> Statement of Appeal: Request reduction in value based on incorrect data and a bank estimate of home <br /> value. <br /> Current Assessed Value $460,800 ounty Opinion $416,100 <br /> Time of Hearin 9:29PM Appellant Opinion $353,400 <br /> County Representative Dana Hall Board Decision $416,100 <br /> Evidence submitted by the appellant: <br />