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Docusign Envelope ID: D13AOB92-9ECB-4FD7-81F3-B83108AADEBF <br /> Evidence submitted by the appellant: <br /> • Comparable sales and equity. <br /> • The land valuation for this lot is extremely high compared to other lots in the area. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 2,046 square feet Two-to-Four Family building with 2 units, a total of <br /> 4 bedrooms and 2 baths,built in 1948 located in the Northside district in Chapel Hill. <br /> • All Two to Four Family and Designed Rental Single Family Residence with lot smaller than <br /> .25 acres,unless non-profit are receiving a+47%adjustment in this neighborhood due to being <br /> approved for these uses and the properties'potential for greater income generation and value <br /> compared to single family homes with otherwise similar property characteristics. <br /> • The land value was reduced during a BOER neighborhood review from$387,500 to$323,400. <br /> • Based on sales of other TTF Family buildings and the recommendation of Tanner Valuations <br /> Group, 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: $492,900 No Change in Value <br /> Made the motion Saru Salvi <br /> Seconded the motion Richal Vanhook <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Prove Provertv Owner Charles Baldwin A ellant if different <br /> Property Address 434 Glencrest Place I Parcel ID or Abstract 9890605507.048 <br /> Statement of Appeal: Request reduction in value based on comparable sales and incorrect data. <br /> Current Assessed Value $404,300 ounty Opinion $376,100 <br /> Time of Hearin 9:41AM Appellant Opinion Not Provided <br /> County Representative C le Anderson Board Decision $376,100 <br /> Evidence submitted by the appellant: <br /> • The appellant states that comparable sales and incorrect data are the reasons for this appeal. <br /> Evidence submitted by the county representative: <br /> • The subject property is a condominium located at 434 Glencrest Place in the Providence Glen <br /> Condominium project in Chapel Hill. County staff reviewed a sales analysis of similarly sized <br /> 5 <br />