Orange County NC Website
Docusign Envelope ID:76E95FD4-D4F3-4FC2-A789-88A3F05FFCB8 <br /> 13 11:00AM CrossFit Chapel Hill 1065926 Yes Compromise of <br /> Taxes <br /> 14 11:14AM Zachary James Reitman 9798191929 Yes Value-Real <br /> 15 11:26AM Patricia J. McPherson 9865622476 No Value-Real <br /> 16 11:28AM Patricia J. McPherson 9865623485 No Value-Real <br /> Time B <br /> Meeting called to order 9:05 AM Leon Meyers <br /> Meeting adjourned 11:30 AM Richal Vanhook <br /> Property Identification: <br /> Property Owner I Rula Musa Frei'i Appellant(if different) <br /> Property Address 1238 Torain Street Parcel ID or Abstract 9865617768 <br /> Statement of Appeal: Request reduction in value based on comparable lots on Realtor.com. <br /> Current Assessed Value $270,100 County Opinion $258,100 <br /> Time of Hearin 9:05 AM Appellant Opinion $40,000 <br /> County Representative Kelly Wells Board Decision $258,100 <br /> Evidence submitted by the appellant: <br /> • Based on comparable lots on Realtor.com <br /> Evidence submitted by the county representative: <br /> • The subject property is a 1,486 square foot Two-to-Four Family building(duplex)built in 2021 <br /> on a .24-acre lot in Hillsborough. <br /> Due to a BOER ordered neighborhood review and suggestion of Tanner Valuation's Group,the <br /> land base rate was reduced from $100,000 to$80,000 per lot. <br /> • Based on equity,the County recommends adding a-15%adjustment to the land for shape and a <br /> drainage easement, resulting in a revised land value from$80,000 to $68,000 and total parcel <br /> value from $270,100 to $258,100. <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 Accept Count 's Proposed Value: $258,100 <br /> Made the motion Richal Vanhook <br /> Seconded the motion Shannon Julian <br /> Voted For All BOER Members <br /> Voted Against <br /> 2 <br />