Orange County NC Website
Browse       Search
Docusign Envelope ID:3BEA2D13-5F9D-4EE1-9549-E5628BECF69D <br /> Current Assessed Value $173,100 County Opinion $132,500 <br /> Time of Hearin 10:20 AM Appellant Opinion $115,000 <br /> County Representative Jimmy Milliken Board Decision $132,500 <br /> Evidence submitted by the appellant: <br /> • "Average $/acre for recent sales based on 1206 Watson Road, 1206 McCauley Lane is about <br /> $35K/Acre or less. Our lot is still an undeveloped vacant lot with a yard item valued at <br /> $3,700." <br /> Evidence submitted by the county representative: <br /> • The subject property is located in NBC 7042 at 1200 McCauley Lane and is improved with a <br /> personal property mobile home with a shed,porch, deck, and mobile home addition as real <br /> property yard items per the county record. This neighborhood was reviewed by order of the <br /> Board of Equalization and Review, and all required changes have been completed. <br /> • County staff reviewed the appeal and the comparables submitted by the appellant. Comparable <br /> sale#1 was determined to be unqualified, as it was a related-party transaction. Comparable sale <br /> #2 occurred in 2025 and therefore falls outside the January 1, 2025 revaluation date and was <br /> not considered. Additionally, 1206 Watson Road is 2.85 acres larger than the subject and <br /> carries a 10%greater land adjustment that when valued through the AC-9 pricing table results <br /> in a lower dollar-per-acre value. <br /> • Preforming a site visit, County staff discovered the neighboring home to be encroached onto <br /> the subject property. The County suggests an additional 20%totaling a-30% adjustment for a <br /> new land value of$131,700. Also removing two sheds a deck and the addition,bringing the <br /> SFYI value to $800 and a total assessed value of$132,500. <br /> • Analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> • GIS Map <br /> • Photo of Subject <br /> Motion of the Board Accept Coun 's Proposed Value: $132,500 <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 Fares Khalidi Appellant if different <br /> Property Address 3618 Alex Drive Parcel ID or Abstract 19885957380 <br /> Statement of Appeal: Request reduction in value based on recent sales and a Redfin estimate. <br /> Current Assessed Value $703,800 County Opinion 1 $703,800 <br /> Time of Hearin 10:35 AM Appellant Opinion $656,900 <br /> County Representative C le Anderson Board Decision $703,800 <br /> 3 <br />