Orange County NC Website
Docusign Envelope ID:37E611B7-2926-4D7A-98E1-C7491350A535 <br /> Evidence submitted by the county representative: <br /> • The subject property is a 1,783 square foot single family home with 4 bedrooms and 2 full <br /> baths built in 1999 on a.26-acre lot in the Northside district of Chapel Hill. <br /> • Land of parcels .24 acres and smaller were reduced by 23% during a BOER directed review of <br /> this neighborhood. The subject parcel is .26 acres and did not receive the reduction like the <br /> adjacent parcel. <br /> • Tanner Valuations Group reviewed the property and the appeal and recommend no change in <br /> value. <br /> • Photo of Subject <br /> • GIS Map <br /> • Sales and Equity Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> Motion of the Board Value Changed as Follows: $384,800(apply-15%land <br /> adjustment for drainage easement <br /> Made the motion Leon Meyers <br /> Seconded the motion Barbara Levine <br /> Voted For All BOER Members <br /> Voted Against <br /> Property Identification: <br /> Property Owner 304 Caldwell LLC Appellant(if different) William Gartland <br /> Property Address 304 Caldwell Street I Parcel ID or Abstract 19788186725 <br /> Statement of Appeal: Request reduction in value based on disputed comparable property. <br /> Current Assessed Value $485,900 ounty Opinion $498,700 <br /> Time of Hearin 10:29 AM Appellant Opinion $355,100 <br /> County Representative Kelly Wells Board Decision $400,000 <br /> Evidence submitted by the appellant: <br /> • Total land valuation is $20,900 higher for 304 Caldwell than 300 Caldwell even though 300 <br /> Caldwell is larger, albeit unusable and unbuildable front yard triangle shaped to corner of <br /> Caldwell&Church Streets. Comparable should be 320 Brooks Street tax valuation of <br /> $355,100. <br /> Evidence submitted by the county representative: <br /> • The subject property is on record as a 1,435 square foot Two-to-Four Family building with 3 <br /> bedrooms and 2& 1/2 baths built in 1997 on a.12-acre lot in the Northside district in Chapel <br /> Hill. <br /> • Per e-mail with owner confirming the building is not a duplex, The County recommends <br /> *Changing the Building Type from Two-to-Four family to Designed Rental Single Family <br /> Residence, <br /> *Reducing the grade from C+10 to C-10 and the effective year built from 2000 to 1997 and <br /> 6 <br />