2026_01_29 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: BOF983D6-EAD9-4D5D-A13A-EE8461FA1918 • On January 21,2026, a drive-by inspection of the subject was performed by this appraiser. A drive-by evaluation is considered to be a sufficient review due to the MLS evidence available and due to the nature of the appeal. • No discrepancies in the characteristics of the subject were noted by the Appraiser. Per the MLS photos(see attached) at the time of purchase,the Grade of C+10 and Effective Year Built of 2013,was appropriate. • A Comper Report is attached. The 5 qualified comps have a sales range of value of$299,500 to $367,000. Their assessed values range from$316,000 to$361,200. The approved County Schedule of Values was applied to the subject and the 5 comparable sales to derive the current assessed values. The application of the Schedule of Values ensures a uniform method to establish equitable assessed values. • The amenities of the Comps bracket the subject with no significant variation that would justify a reduction of assessed value from the current$329,900 to the requested$318,000. • The Appellant evidence references a Gross Rent Multiplier. It is unknown to this appraiser how the GRM was established and is considered to be of minimal value when establishing the valuation of this property. The Sales Comparison Approach is considered to be the most reliable approach for residential properties due to the quantity and quality of the comparable sales data generally available. • An on-line search for rental history of the subject was attempted by this appraiser. Only the listing for 2025 could be located and is attached. • No change in value can be supported. • Current Property Record Card • GIS - Subject and NBC 3404 • Photos of Subject from MLS from 2021 purchase • Comper report with 6 comps • Sales Value Analysis • Subject Rental History from Realtor.com Motion of the Board Accept Coun 's Proposed Value: $329,900 No change in value Made the motion Shannon Julian Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Property Owner IH4 Property North Appellant(if different) Judson Bracewell/ Carolina LP Ryan LLC (Presented by Mason Schuster Property Address 113 Norwood Court North Parcel ID or Abstract 9824356984 Statement of Appeal: Request reduction in value based on Income Approach. Current Assessed Value $342,200 ounty Opinion $342,200 Time of Hearin 2:53 PM Appellant Opinion $320,900 County Representative Heidi Whetzel Board Decision $342,200 15