Orange County NC Website
Docusign Envelope ID: D13AOB92-9ECB-4FD7-81F3-B83108AADEBF <br /> Current Assessed Value $980,000 County Opinion $980,000 <br /> Time of Hearin 9:22AM Appellant Opinion $865,000 <br /> County Representative Jimmy Milliken Board Decision $980,000 <br /> Evidence submitted by the appellant: <br /> • As a reminder, although I am sure you have ready access to the records, our home <br /> was valued at$788,200 in 2023, and then increased to$821,700 in 2024,which calculates <br /> to a 4.25%increase from 2023 to 2024. This 4%increase is the fair market increase for a <br /> home. Your initial proposal to increase the value of our home to over a million dollars <br /> would have been an over 25%increase,which is egregious. The new proposed value of <br /> $980,000 is still an inappropriate over 19%annual increase in the value our home, which is <br /> absurd, especially as we have not added to the home or sold the home. We strongly <br /> dispute this overzealous increase, which will result in a substantial increase in our property <br /> taxes without any benefit to us as homeowners. We again request the house be valued at <br /> $865,000, as this represents a roughly 5%increase,which is fair and consistent with inflation <br /> for annual house valuation. <br /> Evidence submitted by the county representative: <br /> • The subject property is located in NBC 7485 at 110 Hayworth Drive and was built in 2001. The <br /> dwelling contains 4,336 square feet of living area. <br /> • The property experienced value increases during the 2021-2025 revaluation period due to <br /> documented improvements, including a bathroom renovation in 2021 at a cost of$69,000, <br /> installation of a patio for a hot tub at a cost of$6,500, and a kitchen renovation in 2023 at a <br /> cost of$119,000. <br /> • County staff conducted a sales analysis of similarly sized properties within the subject's <br /> neighborhood. The analysis indicates that the subject property's assessed value is consistent <br /> with neighborhood sales. <br /> • Based on this analysis, County staff recommends no change to the current assessed value. <br /> • Photo of Subject <br /> • GIS Map <br /> • Analysis <br /> • Current Property Record Card <br /> • Sales Map <br /> Motion of the Board Accept Count 's Proposed Value: $980,000 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 Brian Burnette A ellant if different <br /> Property Address 215 N Graham Street Parcel ID or Abstract 19788065928 <br /> 3 <br />