2025_12_16 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: D7A42408-4C36-41C1-8448-91E05F4708CF Motion Time By Second To move into recess 10:38 AM Leon Meyers Saru Salvi To return to order 11:10 AM Leon Meyers Saru Salvi Property Identification: Property Owner Matthew Richmond Appellant(if different) Property Address 1303 E Rosemary St. I Parcel ID or Abstract 19788487387 Statement of Appeal: Request reduction in value based on condition and historic nature of home. Current Assessed Value $1,089,700 County Opinion $1,051,700 Time of Hearin 9:04 AM Appellant Opinion $470,000 County Representative Kelly Wells Board Decision $1,051,700 Evidence submitted by the appellant: • The house was built in 1819 and in serious disrepair. • This historic nature of the home limits renovations and resale options. • No central air conditioning Evidence submitted by the county representative: • The subject property on record is a 2,176-sf duplex with 3 bedroom and 1 and 1 half bath built in 1849 located on E Rosemary St. in the Historic District of Chapel Hill. • The owner confirmed that the dwelling is a single-family home,not a duplex. • Tanner Valuations Group reviewed the property and the appeal and recommend lowering the condition of the home from average to fair and lowering the effective year built from 1990 to 1975 as there is a considerable amount of physical depreciation that can be seen on the exterior of the subject. • In addition, The County recommends correcting the building type from Two-To-Four(duplex) to Single Family and reducing the grade from B-15 to C+10. • These changes would result in a reduction in value from$1,089,700 to $1,051,700. • Photo of Subject • GIS Map • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Coun 's Proposed Value: $1,051,700 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: 1 Property Owner I William Kenneth Farrell Appellant(if different)