Orange County NC Website
Docusign Envelope ID: 19787920-2EOE-4ABB-A9A3-A76DC80BD194 <br /> • The subject property is a townhome located at 104 Old Stable Road in Chapel Hill. On <br /> November 6, 2025, a representative from Tanner Valuation Group conducted a field visit on <br /> behalf of the County. There were no apparent observations or additional evidence identified <br /> that would support a reduction in value. <br /> • A comparable sales report includes several qualified neighborhood sales, all reflecting the <br /> same B-10 grade and a similar effective year built. Based on the recommendation from Tanner <br /> Valuation Group and the supporting comparable sales data provided,the County recommends <br /> no change in value at this time. <br /> • Photo of Subject <br /> • GIS Map <br /> • Current Property Record Card <br /> • Comparable Report <br /> Motion of the Board Accept Coun 's Proposed Value: $335,700 No change in value <br /> Made the motion Richal Vanhook <br /> Seconded the motion Shannon Julian <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner William S. Aldridge Appellant if different <br /> Property Address 605 Carl Drive Parcel ID or Abstract 9768478460 <br /> Statement of Appeal: Request reduction in value based on topography of parcel. <br /> Current Assessed Value $51,800 ounty Opinion $41,400 <br /> Time of Hearin 3:28 PM Appellant Opinion $25,000 <br /> County Representative Heidi Whetzel Board Decision $41,400 <br /> Evidence submitted by the appellant: <br /> • This is not a usable property for development. Almost all the property is on a steep incline;the <br /> rest is a gully with a stream running through the middle of it. Over the last two years prior <br /> purchase offers on the property without offer or conducting an actual physical inspection of it <br /> have ranged from $10,000 to $35,000. <br /> Evidence submitted by the county representative: <br /> • The subject property is a vacant 1-acre lot located at 605 Carl Drive in Chapel Hill. The parcel <br /> has a steep slope that limits the usable area of the site, and the remainder of the lot contains a <br /> gully with a stream running through the center, further restricting buildable area. A-75%land <br /> adjustment has already been applied for power lines and setback limitations. The County <br /> recommends an additional -5%adjustment for topography for a total land adjustment of-80% <br /> which would lead to a revised value of$41,400. <br /> • Contour Map <br /> • GIS Map <br /> 5 <br />