Orange County NC Website
Docusign Envelope ID:AD7E4ME-13457-4611-A22D-8ED6C7FC34F4 <br /> Current Assessed Value $445,300 County Opinion $445,300 <br /> Time of Hearin 11:21AM Appellant Opinion $459,400 <br /> County Representative Kelly Wells Board Decision $445,300 <br /> Evidence submitted by the appellant: <br /> • The property next door at 219 N. Roberson is also a one-bedroom duplex on the exact same <br /> size piece of land and that land is valued at$337,500.00 I believe that is an error and both lots <br /> are valued equally and fairly,the value of$550,000 at its rental rate would not pay a mortgage <br /> if the building was sold at that price. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 1,176 sf Two-to-Four Family building with 2 units and a total of 2 <br /> bedrooms and 2 baths built in 1955 located in the Northside District in Chapel Hill. <br /> • There is currently an additional 10% functional design depreciation on the house for only 1 <br /> bedroom and 1 bath per unit. <br /> • 219 N. Roberson is owned by a non-profit organization and therefore does not have the market <br /> adjustment on the land for being a possible income producing property as other TTFs and <br /> DRSFRs in this area. <br /> • This property's land was reduced during the BOER ordered neighborhood review resulting in <br /> the current value of$445,300, which is less than the appellant's opinion of value. <br /> • Based on sales and equity,the County recommends no further change in value. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales and Equity Analysis <br /> • Current Property Record Card <br /> Motion of the Board Accept Count 's Proposed Value: $445,300 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 Mark Patmore Appellant if different <br /> Property Address 207 N Roberson St Parcel ID or Abstract 19788068747 <br /> Statement of Appeal: Request reduction in value based on comparable lot size and value. <br /> Current Assessed Value $453,200 1 County Opinion $440,200 <br /> Time of Hearin 11:24AM Appellant Opinion None given <br /> County Representative Kelly Wells Board Decision $440,200 <br /> Evidence submitted by the appellant: <br /> 7 <br />