Orange County NC Website
Docusign Envelope ID:AD7E4ME-13457-4611-A22D-8ED6C7FC34F4 <br /> • GIS Map <br /> • MLS Photos of Interior <br /> • Storage Building Interior Photos <br /> • MLS Agent Remarks <br /> • Sales Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Value Changed as Follows: $632,000 <br /> Made the motion Leon Meyers <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner Nada Kamel Appellant(if different) <br /> Property Address 303 Papyrus Place I Parcel ID or Abstract 19873363745 <br /> Statement of Appeal: Request reduction in value based on twelve comparable sales, a cost-of-living <br /> analysis (COLA), and a graph depicting declining new construction costs in 2025. <br /> Current Assessed Value $796,200 ounty Opinion $796,200 <br /> Time of Hearin 9:33am Appellant Opinion $570,845 <br /> County Representative C le Anderson Board Decision $796,200 <br /> Evidence submitted by the appellant: <br /> • As supporting documentation,the appellant submitted twelve comparable sales, a cost-of- <br /> living analysis(COLA), and a graph depicting declining new construction costs in 2025. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 0.23-acre tract improved with a 4,408-square-foot single-family <br /> dwelling located at 303 Papyrus Place in Hillsborough. County staff reviewed the appellant's <br /> supporting documentation, which included twelve comparable sales. <br /> • County staff also conducted a sales analysis of six comparables that sold within the subject's <br /> neighborhood in 2024. None of the comparable properties were as large as the subject <br /> dwelling. Therefore, the comparable sales have a higher average price per square foot relative <br /> to the subject. <br /> • Based on this analysis, the County's comparable sales are felt to support the subject's current <br /> assessed value. Accordingly, the County recommends no change to the current assessed value <br /> of$796,200. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales Analysis <br /> • Current Property Record Card <br /> 3 <br />