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Docusign Envelope ID:37E611B7-2926-4D7A-98E1-C7491350A535 <br /> *Reducing the Market adjustment on the land from 47%to 37%to account for the shared drive <br /> with 300 Caldwell St. <br /> • These changes would result in a revised value from$485,900 to $498,700. <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: $400,000(change building type to <br /> Single Family) <br /> Made the motion Richal Vanhook <br /> Seconded the motion Barbara Levine <br /> Voted For All BOER Members <br /> Voted Against ... <br /> Property Identification: <br /> Property Owner 300 Caldwell LLC Appellant(if different) I William Gartland <br /> Property Address 1 300 Caldwell Street Parcel ID or Abstract 19788186795 <br /> Statement of Appeal: Request reduction in value based on a comparable property. <br /> Current Assessed Value $465,000 ounty Opinion $498,700 <br /> Time of Hearin 10:39 AM Appellant Opinion $355,100 <br /> County Representative Kelly Wells Board Decision $400,000 <br /> Evidence submitted by the appellant: <br /> • Comp for my similar,but larger house at 310 Brooks Street Chapel Hill is $355,100 in a better <br /> location&is 349 square feet larger! <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.17 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 /> *Moving parcel to same neighborhood as 304 Caldwell, changing the base rate from$275,000 <br /> to $220,000 <br /> *Reducing the grade from C+10 to C-10 and <br /> *Reducing the Effective year built from 2000 to 1997 and <br /> *Reducing the Market adjustment on the land from 47%to 37%to account for the shared drive <br /> with 304 Caldwell St. and OWASA easement. <br /> • These changes would result in a revised value from$465,000 to $498,700. <br /> • Photo of Subject <br /> 7 <br />