Orange County NC Website
Docusign Envelope ID: DDD996A4-9AEB-4186-AE75-797CE2829130 <br /> Evidence submitted by the county representative: <br /> • The subject property is a.07 vacant lot with a triangle shape in the Northside District in Chapel <br /> Hill. <br /> • The base rate of the land was reduced during a BOER ordered neighborhood review from <br /> $250,000 to $220,000 with an additional negative size adjustment on smaller lots to account <br /> for the Floor Area Ratio restriction in the area resulting in the current value of$165,000. <br /> • The County recommends increasing the adjustment on the land from-25%to a size/shape <br /> adjustment of-50%to account for the smaller size and triangular shape causing building <br /> challenges on the lot, resulting in a revised value from$165,000 to$110,000. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales and Equity Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Value Changed as Follows: $55,000 <br /> Made the motion Leon Meyers <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Mark D. Boisvert Appellant(if different) <br /> Property Address 3411 Pleasant Green Road I Parcel ID or Abstract 10804021729 <br /> Statement of Appeal: Request reduction in value based on 2022 appraisal,age/condition of home, and <br /> swamp on portion of land. <br /> Current Assessed Value $348,200 ounty Opinion $322,700 <br /> Time of Hearin 9:46PM Appellant Opinion $230,000 <br /> County Representative Kelly Wells Board Decision $322,700 <br /> Evidence submitted by the appellant: <br /> • Recent 2022 appraisal <br /> • This is a 45-year-old manufactured home. It has not doubled in value in 3 years. I tried to avoid <br /> PMI and was unsuccessful because the property does not appraise above $225,000,property <br /> taxes should not be paid above this value. <br /> • About 2 acres of the lot is not usable. A swamp area is on that part of the property. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 1,708-sf manufactured home with 3 bedrooms and 2 baths built in <br /> 1979 on 3.8 acres of land located on Pleasant Green Rd. in Durham. <br /> • The comps used in the appraisal were in Durham County except for one which a portion of the <br /> parcel including a second dwelling was across the county line and taxed in Durham. <br />