Orange County NC Website
Docusign Envelope ID: D8F1F6B3-4E5C-46D1-9276-28B887499D7C <br /> • Appraisal and comparable property data for my house appear to be based on comparisons to 3- <br /> bedroom homes. Our home is 2-bedrooms; industry standards indicate that added bedrooms <br /> increase property value by 101/o-20%. Orange County's COMPER service indicates that recent <br /> sales of comparable 2-bedroom homes averaged$276,000. <br /> Evidence submitted by the county representative: <br /> • The subject property is located at 6701 Cane Creek Drive in Efland. Photos were obtained and <br /> reviewed from realtor.com as the property was recently purchased on May 22,2024, for <br /> $340,000 which is more than the current assessed value of$314,600. Listing photos show that <br /> the deck is inaccurately placed on the sketch,but the home otherwise appears to be in average <br /> condition. <br /> • A sales analysis shows the comparables are older homes on larger parcels,with sale prices <br /> from$275,000 to $395,000 and price-per-square-foot values between$200 and$291. The <br /> subject's sale at$234 per square foot falls comfortably within that range, and its assessed value <br /> of$216 per square foot is below both the average and median. Based on the market data and <br /> the recent sale, the assessment is supported. <br /> • After review, the only change recommended is correcting the deck location on the sketch. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • Comp Photos <br /> Motion of the Board Accept Coun 's Proposed Value: $314,600 No change in value <br /> Made the motion Richal Vanhook <br /> Seconded the motion Saru Salvi <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Michelle Erin Brinker Appellant(if different) <br /> Trustee <br /> Property Address 1304 Faison Road Parcel ID or Abstract 9798661493 <br /> Statement of Appeal: Request reduction in value based on 2022 purchase price. <br /> Current Assessed Value $1,291,600 ounty Opinion $1,288,900 <br /> Time of Hearin 2:11 PM Appellant Opinion $1,100,000 <br /> County Representative Jimmy Milliken Board Decision $1,288,900 <br /> Evidence submitted by the appellant: <br /> • Adjust to the purchase price in 2022. <br /> Evidence submitted by the county representative: <br />