Orange County NC Website
Browse       Search
Docusign Envelope ID: F69F6FC6-EFB7-4BA4-AC17-3EC64A01A42C <br /> • He had been out of the country for a month. <br /> • Payment,minus the pending penalties, for these discoveries was made on this date as well. <br /> • The account is in good standing. Only these associated listing penalties remain outstanding. <br /> • Appellant appeal-Small Ruminant <br /> -includes appeal email, discovery notice, 2025 listing form,balance due statements (balance <br /> due represents penalty amounts only), receipt for payments already made <br /> • County evidence- Small Ruminant <br /> -includes BOER Summary,2025 listing form(addition highlighted), discovery notice,tax bills <br /> (balances due represent penalty amounts only), copy of NCGS 105-312 <br /> NCGS: <br /> • 105-312 Discovered property; appraisal; penalty. <br /> • 105-312 (h) Computation of Penalties <br /> • 105-312 k Power to Compromise <br /> Motion of the Board Compromise of listing penalties in Compromise of listing penalties in <br /> the amount of$230.18 for tax years the amount of$230.18 granted. <br /> 2022-2024. <br /> Made the motion Barbara Levine <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner Krishna Sinha Appellant if different <br /> Property Address 401 Lakeshore Lane Parcel ID or Abstract 9890107574 <br /> Statement of Appeal: Request reduction in value based on January 2025 purchase price. <br /> Current Assessed Value $1,063,000 ounty Opinion $952,100 <br /> Time of Hearin 2:30 PM Appellant Opinion $925,000 <br /> County Representative Jimmy Milliken Board Decision $952,100 <br /> Evidence submitted by the appellant: <br /> • We purchased the house in January 2025 for a price of$925,000. Therefore, for tax purposes, <br /> the assessed value of the home as of January 1,2025, should align to the actual transaction <br /> rice in January 2025 of$925,000. <br /> Evidence submitted by the county representative: <br /> • Subject property is located at 401 Lakeshore Lane. A sales analysis was created and based on <br /> that analysis, an adjustment of the grade from A+20 to A-10 was needed to align the property <br /> with other neighborhood sales. Per the sales listing for the subject,the fireplaces are not <br /> operable. The County suggests adding 2%functional obsolescence for the fireplaces not <br />