Orange County NC Website
Docusign Envelope ID: 117A6550-B7C8-4C77-A70C-OA4FC234B28B <br /> Current Assessed Value $699,700 County Opinion $527,800 <br /> Time of Hearin 1:30PM Appellant Opinion $450,000 <br /> County Representative Dana Hall Board Decision $517,800 <br /> Evidence submitted by the appellant: <br /> • There is much data that I have that evidences and shows that the proximity to interstate 40 and <br /> especially as of l/l/2025 the widening construction was in full effect and is absolutely adverse <br /> to marketability and market value as of l/l/2025. <br /> Evidence submitted by the county representative: <br /> • On November 20, a site visit was conducted by an appraiser in connection with the formal <br /> appeal submitted for the subject property.Upon exiting the county vehicle, a noticeable noise <br /> from the interstate was observed. The taxpayer was present during the site visit and confirmed <br /> the existence of sound monitors installed on the property to document the ongoing <br /> inconvenience caused by the widening project which started last year. This impact was <br /> increased when the North Carolina Department of Transportation removed an existing tree <br /> barrier that was not intended to be removed. <br /> • In addition to the increased noise from the interstate,the recent removal of trees last year has <br /> resulted in direct visibility of interstate traffic through the side yard of the property. <br /> • After reviewing neighborhood comparables, specifically parcel 9872613683, inconsistencies in <br /> neighborhood coding were identified. According to the recorded plat provided in the county <br /> evidence for the subject property, it should be classified as part of Hideaway Estates Section 3 <br /> and assigned a neighborhood code 7804,rather than the current neighborhood code 7017. <br /> • The comparable neighboring parcel currently receives a positive size adjustment of 50%; <br /> however, it benefits from a two-acre land buffer separating it from the interstate. Given the <br /> subject property's proximity to the interstate and lack of such a buffer, the county recommends <br /> changing the neighborhood code and applying a 30%positive land influence to reflect the <br /> larger lot size while offsetting the negative impacts of interstate noise and proximity. <br /> • These two proposed changes result in a total land value reduction of$171,900. <br /> • Current Property Record Card- 9872610301 <br /> • Current Property Record Card- 9872613683 <br /> • Proposed Property Record Card-9872610301 <br /> • GIS Map <br /> • Plat-9872610301 <br /> • Photos <br /> Motion of the Board Value Changed as Follows: $517,800 $120,00 land 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 Nikhil Kaza Appellant if different <br /> Property Address 701 Davie Road Parcel ID or Abstract 19778551733 <br /> Statement of Appeal: Request reduction in value based on values of comparable properties. <br />