2026_01_13 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:AD7E4ME-13457-4611-A22D-8ED6C7FC34F4 • Comparing the lot sizes and evaluation I believe this is an error, first the lot next door is exactly the same size and is taxed at a different rate my lot of.16A is valued at $387,500. the lot at 219 N. Roberson a duplex, same lot size is valued at$337,500 and the same size lot next door is $225,000 the evaluation is a 78%increase in less than 5 years, leading to a 58% property tax increase. Respectfully I believe you are evaluating one-bedroom duplexes incorrectly. If it was to sell at the price you evaluated it at the combined rents would need to be $6000 dollars a month to justify the price tag and that's not possible. Evidence submitted by the county representative: • The subject property is a 1,120 sf Two-To-Four Family building with 2 bedrooms and 2 baths built in 1940 on a.16-acre lot in the Northside district in Chapel Hill. • All Two-to-Four Family and Designed Rental Single Family Residence with lot smaller than .25 acres,unless non-profit are receiving a 47%adjustment in this neighborhood due to being approved for these uses and the properties'potential for greater income generation and value compared to single family homes with otherwise similar property characteristics. • The land value was reduced during a BOER neighborhood review from$387,500 to$323,400. • 219 N. Roberson is a TTF Family building but is owned by Empowerment and is non-profit therefore is valued as a standard lot. • To be equitable, the County recommends adding a 10%design depreciation to account for only 1 bedroom and 1 bath per unit, same as 221 N. Roberson St. reducing the value from $453,200 to $440,200. • Photo of Subject • GIS Map • Sales and Equity Analysis • Current Property Record Card Motion of the Board Accept Count 's Proposed Value: $440,200 Made the motion Richal Vanhook Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Anna Marie Pellett Appellant if different Property Address 120 Horton Rd Parcel ID or Abstract 19873258535 Statement of Appeal: Request reduction in value based on perception that subject is not a market value property and the lack of amenities. Current Assessed Value $149,100 ounty Opinion $149,100 Time of Hearin 11:42AM Appellant Opinion $130,600 County Representative Kelly Wells Board Decision $149,100 Evidence submitted by the appellant: • This is not a market value property. 8