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Docusign Envelope ID: 117A6550-B7C8-4C77-A70C-OA4FC234B28B <br /> Motion of the Board Value Changed as Follows: $696,300(-5% adjustment to land <br /> value <br /> Made the motion Leon Meyers <br /> Seconded the motion Richal Vanhook <br /> Voted For Saru Salvi <br /> Voted Against <br /> Property Identification: <br /> Property Owner Anne Marie Cummins Appellant(if different) <br /> Property Address 307 North Elliott Road Parcel ID or Abstract 19789952475 <br /> Statement of Appeal: Request reduction in value based on condition and comparable sales. <br /> Current Assessed Value $831,600 ounty Opinion $771,000 <br /> Time of Hearin 2:35 PM Appellant Opinion $675,000 <br /> County Representative Kelly Wells Board Decision $771,000 <br /> Evidence submitted by the appellant: <br /> • No significant updates, original kitchen. Only updates for disability access 30 years ago. <br /> • Comparable sales <br /> Evidence submitted by the county representative: <br /> • The subject property is a 2,744-sf single family home with 4 bedrooms and 2& 1/2 baths, <br /> build in 1962 on a 0.62-acre lot in the Coker Hills subdivision of Chapel Hill. <br /> • Tanner Valuations Group reviewed the property and the appeal: Based on sales comparisons of <br /> 408 Lyons Rd. and 406 N. Elliot Rd. I would make a recommendation of lowering the grade <br /> from B-10 to C+10 because of the similarities to the subject's size and construction style.Also, <br /> in consideration of the appellants submitted photos of the interior of the subject, I recommend <br /> reducing the EYB from 1987 to 1975. It appears to have been well maintained, but in the <br /> current market, a potential buyer would be considering the after-purchase cost of updating the <br /> bathroom and kitchen to a more modern theme. <br /> • These changes would result in a reduction in value from$831,600 to$771,000. <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 Accept Coun 's Proposed Value: $771,000 <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 />