Orange County NC Website
Browse       Search
Docusign Envelope ID:41A5C043-OEBB-4B4B-BB6A-9411707F7CAF <br /> Time B <br /> Meeting called to order 1:01 PM Leon Meyers <br /> Meeting adjourned 4:28 PM Richal Vanhook <br /> Related meeting notes: Per the Board's request in a prior meeting, Tax leadership (Chad and Nancy) <br /> presented an overview of the Board ordered neighborhood review project. <br /> Property Identification: <br /> Property Owner Kinfolks Collaborative, Appellant(if different) Andrew Simpson, <br /> LLC Attorney <br /> Property Address 1207 Ashe Street Parcel ID or Abstract 9864348855 <br /> Statement of Appeal: Request reduction in value. No supporting documentation provided. <br /> Current Assessed Value $336,500 ounty Opinion $312,500 <br /> Time of Hearin 1:01 PM Appellant Opinion $267,330 <br /> County Representative C le Anderson Board Decision $312,500 <br /> Evidence submitted by the appellant: <br /> • As of February 5th,2026,no supporting documentation has been received with this appeal. <br /> Evidence submitted by the county representative: <br /> • The subject property is a 0.16-acre tract improved with a 1,352 square foot single family <br /> dwelling located at 207 Ashe Street in Hillsborough. <br /> • County staff reviewed a sales analysis of recently sold C-graded homes within the subject's <br /> neighborhood. This analysis included the sale of the subject property(TMLS#10018533), <br /> which sold in combination with the adjacent vacant lot identified as PIN 9864349846, also <br /> currently under appeal. Together,the two parcels have a combined lot size of 0.33 acres and a <br /> combined assessed value of$408,500. The combined properties sold for$456,500 on April 1, <br /> 2024. <br /> • After review, staff recommends applying a-20%land adjustment to both the subject property <br /> and the adjacent vacant lot(PIN 9864349846). The proposed adjustment would reduce the <br /> subject property's assessed value to $312,500 and reduce the combined assessment to <br /> $405,500. The County recommends a revised assessed value of$312,500 for the subject <br /> property. <br /> • Photo of Subject <br /> • GIS Map <br /> • MLS data(screenshot) <br /> • Deed/tax stamps (screenshot) <br /> • Sales analysis <br /> • Current Property Record Card <br /> • Proposed Property Record Card <br /> 2 <br />