Orange County NC Website
Docusign Envelope ID: 117A6550-B7C8-4C77-A70C-OA4FC234B28B <br /> Property Identification: <br /> Property Owner Fei Zou and Baimin Zou Appellant(if different) <br /> Property Address 7.23 acres on Dairyland Parcel ID or Abstract 9851907001 <br /> Road <br /> Statement of Appeal: Request reduction in value based on recent offers to purchase and land condition. <br /> Current Assessed Value $366,700 ounty Opinion $366,700 <br /> Time of Hearin 1:15 PM Appellant Opinion $86,000 <br /> County Representative Dana Hall Board Decision $366,700 <br /> Evidence submitted by the appellant: <br /> • We keep receiving offers from different buyers with varying price. A most recent offer price <br /> was—$86,000. <br /> • This is a completely raw lot without electricity and water. <br /> Evidence submitted by the county representative: <br /> • The subject property consists of 7.23 acres of vacant land located on Dairyland Road near <br /> Rocky Ridge Road. The property is currently assessed with a—20 adjustment for two <br /> easements, and no structures are present. <br /> • A comparable sales report included two neighborhood sales; however,both of those properties <br /> contain structures. To provide a more accurate analysis, four additional qualified vacant-land <br /> comparable sales—each located within two miles of the subject property—were selected and <br /> reviewed. <br /> • Based on these six comparables and the rationale for their selection,the current assessed value <br /> of the subject property is well supported. Therefore, the county recommends no change to the <br /> assessed value at this time. <br /> • GIS Map <br /> • Current Property Record Card <br /> • Comparable Report <br /> Motion of the Board Accept Coun 's Proposed Value: $366,700 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 Robbie F. Moles Appellant if different <br /> Property Address 6114 Meadowsweet Lane Parcel ID or Abstract 19872610301 <br /> Statement of Appeal: Request reduction in value based on adverse marketability due to <br /> proximity/construction to interstate 40. <br />