Orange County NC Website
Docusign Envelope ID:3B2177F4-4DF3-4FD7-AOD9-5096CO12E2CD <br /> Evidence submitted by the appellant: <br /> • Reduce valuation based on dirt road and rocky land. <br /> Evidence submitted by the county representative: <br /> • The County addressed the issues during the informal appeal process by adding a-30% <br /> adjustment to the land, lowering the$376,400 value to the current value of 294,200. The <br /> subject has a similar valuation to 100 Smith Level Road because of economies of scale,with <br /> the subject containing 6.85 acres versus Smith Level Road having 14.89 acres. No additional <br /> adjustment is supported. <br /> • Land Sales <br /> • Current Property Record Card <br /> • GIS Ma <br /> Motion of the Board Value Changed as Follows: $253,100 total-40%land only) <br /> Made the motion Shannon Julian <br /> Seconded the motion Barbara Levine <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Karla Michelle Bowden Appellant (if different) <br /> Smith <br /> Property Address 1017 Clarence Drive Parcel ID or Abstract 9777321942 <br /> Statement of Appeal: Request reduction in value based on land inequities. <br /> Current Assessed Value $549,100 ounty Opinion $437,700 <br /> Time of Hearin 4:10 PM Appellant Opinion $425,000 <br /> County Representative Jimmy Milliken Board Decision $437,700 <br /> Evidence submitted by the appellant: <br /> • Please see land inadequacies, maintained hard surfaced roads. <br /> Evidence submitted by the county representative: <br /> • The appellant's land comparables#1-#4 are in a different neighborhood(7035)with a base <br /> rate of$75,000 per acre. The appellant's comparable#5 is from the subject's neighborhood <br /> with a base rate of$120,000.00 and contains 14.89 acres. All properties are valued through <br /> Ac_9 pricing tables,based on rate and acreage size factor. <br /> • Subject property is approximately.6 of a mile from the main road, Smith Level Road. The <br /> County suggests increasing the existing access adjustment by 10%making it-20% and also <br /> applying a-10%topography adjustment for a total land adjustment of-30%. <br /> • The County also suggests lowering the grade of the house from B-10 to C+10 and adjusting the <br /> grade of the garage from C+10 to C, creating a revised overall valuation of$437,700. <br /> • Land Sales <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br />