2025_11_19 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: F69F6FC6-EFB7-4BA4-AC17-3EC64A01A42C • Tanner Valuations Group reviewed the appeal and suggested correcting the bedroom count from 5 to 4 and correcting the deck on the back. Based on sales of similar homes in the area, no reduction in value is warranted. The corrections would result in a value change from $1,177,400 to $1,177,500. • Photo • GIS map • Sales and Equity Analysis • Current property record card • Proposed property record card Motion of the Board Accept Coun 's Proposed Value: $1,177,500 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against ... Property Identification: Property Owner John D. Stephens Appellant(if different Property Address 113 Bolinwood Drive Parcel ID or Abstract 9789523354 Statement of Appeal: Request reduction in value based on comparable properties. Current Assessed Value $1,037,900 County Opinion $968,500 Time of Hearin 1:57 PM Appellant Opinion $968,200 County Representative C le Anderson Board Decision $968,500 Evidence submitted by the appellant: • The appellant mentions one comparable sale, 101 Songbird Lane, and one equity comparable property, 105 Bolinwood Drive, as supporting evidence for their opinion of value. Evidence submitted by the county representative: • Subject Property Overview: The subject property is located at 113 Bolinwood Drive in Chapel Hill. County staff conducted a physical inspection of the property for verification and photographs. • Appellant's Submitted Comparables: The appellant submitted 105 Bolinwood Drive as an equity comparable. The appellant also submitted 101 Songbird Lane as a comparable sale. Although this sale closed after January 1, 2025, it was listed as pending in MLS in December 2024, so County staff reviewed it as part of the analysis. • County Sales Analysis and Findings: County staff completed a sales analysis of three comparable properties that sold within the subject's neighborhood.After reviewing these sales and comparing them to the subject property,the County recommends the following adjustments: