Orange County NC Website
169 <br /> Tanner Valuation Group Notes for Neighborhoods Changed <br /> # Properties Total Value <br /> Neighborhood Code Change Notes w/Value Change Reduction <br /> 7032 7ROGERS Yes Change land rates to match NBH 7304 105 $ 12,307,800 <br /> 7042 7 54 W/BOTH Yes Individual Changes- Reduction in land value, also make <br /> adjustments to Council Lane and B&J Lane for flood plain. 186 $ 4,859,200 <br /> 7044 7HLSBRHWV Yes Individual Changes 2 $ 26,400 <br /> 7048 7MTCARMEL Yes Individual Changes 2 $ 28,900 <br /> REDUCED LAND BASE PRICE FROM $225,000 TO $200,000, <br /> 7102 7GRHMSUNSET Yes ADDED -23% SIZE TO ALL SF LOTS UNDER .25 ACRES (REDUCED <br /> MKT FOR NON SFR)AND MADE CHANGES TO IMPROVEMENTS <br /> AS NEEDED. 69 $ 3,861,300 <br /> REDUCED LAND BASE RATE TO $220,000/LOT AND ADDED <br /> ADJUSTMENTS AS NEEDED (-23% FOR LOTS SMALLER THAN .25 <br /> 7104 7MCMASTERS Yes AC WITH SF HOMES AND REDUCED MKT ADJ FOR NON-SF)AND <br /> ANY CORRECTIONS TO IMPROVEMENTS AS NEEDED. 279 $ 16,153,500 <br /> ADDED -20% SIZE ADJ TO ALL LOTS UNDER .25 ACRES <br /> 7110 7CRCHMCDADE Yes (REDUCED MKT ADJ ON NON-SFR) AND MADE ANY CHANGES TO <br /> IMPROVEMENTS AS NEEDED. 88 $ 4,035,800 <br /> 1 recommend applying the actual age built back to original, and <br /> 7120 7GRAHAMST Yes apply an additional 50% obsolescence factor to each of the <br /> below listed properties. 7 _$ 506,600 <br /> 7124 7CAMERONAVE Yes Individual Changes- Review grades in this neighborhood for next <br /> revaluation. 1 $ 15,200 <br /> 7130 7COLEHEIGHT Yes % changes based on the ratio requirements 104 $ 5,438,200 <br /> 7134 7CARRCOURT Yes I recommend reducing the land rate for this neighborhood from <br /> $250,000 to $225,000 25 $ 818,500 <br /> 7200 7CREST/DAVE Yes recommend reducing the base land rate from $210,000 to <br /> $185,000; several individual property changes 71 $ 5,289,300 <br /> 7204 7HUNTR/CHK Yes Individual Changes 1 $ 8,000 <br /> 7301 7ROLLINGWD Yes Individual Changes 1 $ 12,100 <br /> 7420 7COLNYWOODS Yes Individual Changes 4 $ 25,800 <br /> 7430 7ELKINHILL Yes Reduce land rate to $225k 184 $ 4,565,300 <br /> 7440 7ESTESHILLS Yes Individual Changes 4 $ 274,400 <br /> 7445 7HIDDNHILLS Yes Individual Changes 1 $ 23,600 <br /> 7464 7AMBRDGE Yes Individual Changes 3 $ 36,300 <br /> 7470 7FORESTCRK Yes Individual Changes 3 $ 38,500 <br /> 7492 7LKFOREST1 Yes Individual Changes 2 $ 24,200 <br /> 7498 7COKERHILLS Yes <br /> Note from Reval worksheet: Consider splitting neighborhood- <br /> Individual Changes 7 $ 188,400 <br /> 7507 7CHANC VW Yes Move three properties into a different NBH $ - <br /> 7525 7LAURLHILRD Yes Individual Changes 4 $ 146,500 <br /> 7530 7GREENWOOD Yes Reduce land rate to $380k 172 $ 3,284,300 <br /> 7568 7MORGANCREK Yes Reduce the land rate to $375k 176 $ 4,240,100 <br /> Land value appears to be assessed fairly and consistent for this <br /> 7790 7SUNSETCREK No neighborhood. - One property was reviewed for SQFT issues <br /> based on MLS 0 $ - <br /> 7922 7FALLSNWHOP Yes Individual Changes 2 $ 17,000 <br /> Add a -25% adjustment to all Habitat homes that have a 99 year <br /> Habitat Yes restriction 217 $ 13,433,500 <br /> Portion of townhomes where built with lower grade material for <br /> more affordable housing compared to rest of neighborhood <br /> T706 7HIGHGRVTH Yes 16 <br /> Reduce townhome building grades from Ato B-10 and detached <br /> garages from B-10 to C- $ 953,600 <br /> 2 <br />