The URL can be used to link to this page

Home My WebLink About2024-08-14 BOER Minutes Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 MINUTES Orange County Board of Equalization and Review Meeting held on August 14, 2024 Board Members in attendance: Chair of the Board Leon Meyers Yes Regular Member Tony Blake Yes Regular Member Barbara Levine Yes Alternate Member Hunter Beattie No Alternate Member Vaughn Compton No Alternate Member Shannon Julian No Alternate Member Joy Mercer No Alternate Member Sarojini Salvi No Alternate Member Richal Vanhook No Orange County Staff in attendance: Tax Administrator Nancy Freeman Office Assistant Jennifer Rigsbee Deputy Tax Assessor Chad Phillips Real Property Appraisal Manager Roger Gunn Chief Appraiser Kelly Wells Appraiser Louise Benson-Lochner Appraiser/Exemptions Shavonda McLean Vehicle Appraisal Technician Donna Martin Business Appraiser Karen Atwater Meeting Schedule: Time PIN or Abstract Appellant Appeared Appeal Type 1:00 PM 37530141 Jean Williamson Wilkins Yes Value-RMV 1:15 PM 9788262798 Chapel Hill Franklin Street No Value Labs 1 LLC 1:15 PM 9788262823 Chapel Hill Franklin Street No Value Labs 1 LLC 1:15 PM 9788260736 Chapel Hill Franklin Street No Value Labs 1 LLC 1:15 PM 9788261802 Chapel Hill Franklin Street No Value Labs 1 LLC 1:15 PM 9788272090 Chapel Hill Franklin Street No Value Labs 1 LLC 1:15 PM 9788262905 Chapel Hill Franklin Street No Value Labs 1 LLC 1:22 PM 9864331665 Carolyn Lane No Value 1:26 PM 9836273387 Alfreddie Smith Jr. No Value 1:32 PM 9890572651 Todd Atlas No Value Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 1:40 PM 3199295 NEC Financial Services LLC No Compromise of Listing Penalty 1:42 PM 1069163 Pawnee Leasing Corporation No Compromise of Listing Penalty 1:42 PM 3199309 Pawnee Leasing Corporation No Compromise of Listing Penalty 1:43 PM 3184807 Pawnee Leasing Corporation No Compromise of Listing Penalty 1:45 PM 9799032207.020 Briones View Holdings, LLC No Value 1:52 PM 9788688432 Todd P. Edwards No Value 2:00 PM 9858710202 Glenda Wade No Denial of Exclusion 2:02 PM 3213875 PS Solar, Inc. No Denial of Exclusion 2:03 PM 3213874 PS Solar, Inc. No Denial of Exclusion Time By Meeting called to order 1:00 PM Leon Meyers Meeting adjourned 2:08 PM Tony Blake Related meeting notes: Reviewed the calendar for additional Board hearings in 2024. At this time there are two hearings scheduled, September 11, 2024 at 1:00 p.m. and November 19, 2024 at 1:00 p.m. Property Identification: Property Owner Jean Williamson Wilkins Appellant(if different) Property 2016 Volkswagen Golf Parcel ID or Abstract 37530141 Description Registered Motor Vehicle Statement of Appeal: Request that the 2016 Volkswagen Golf registered motor vehicle's tax value be lowered to somewhere between$7,752 and$8,000. Current Assessed Value $13,200 County Opinion $13,200 Time of Hearin 1:00 PM Appellant Opinion $7,752-$8,000 County Representative Donna Martin Board Decision Revise value to$12,833 Evidence submitted by the appellant: • Appellant requests a value adjustment based on last year's assessed value of$6,400;Kelly Blue Book trade in value of$7,762; offer from CarMax to purchase vehicle for$8,000 and Highway use tax value of$4,580 per NCDOT. Evidence submitted by the county representative: • No adjustment was made based on research of multiple vehicle-pricing guides and various internet dealer sales. See values below. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 JD Power(NADA) $12,825; KBB $9,363; Truecar.com$15,143 (average of 16 vehicle sales); cars.com $12,724(average of 14 sales); kbb.com/cars for sale$14,112(average of 8 sales). Average value of all 5 above is$12,833,which is within reason of DOR/TEC assessed value of $13,200. • There was no mention or documentation to adjust based on high mileage or damage. • The assessed tax value is based on market value and is revalued each year. • The Kelly Blue Book value provided by appellant is for trade in. • The offer from CarMax is what they will pay her for her vehicle,which is not current market value. • NCDMV highway use tax values are based on wholesale values. Motion of the Board Revise value to $12,833 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC Property Address 214 West Franklin Street Parcel ID or Abstract 9788262798 Statement of Appeal: Request change in value to $1,007,072. Current Assessed Value $1,144,400 County Opinion $1,144,400 Time of Hearin 1:15 PM Appellant Opinion $1,007,072 County Representative Kelly Wells Board Decision $1,144,400 Evidence submitted by the appellant: • No evidence submitted by appellant. Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board I Accept the Coun 's recommendation of no change in value Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Propertv Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC Property .64 Acre Parking Lot on W. Parcel ID or Abstract 9788262823 Description Franklin and W. Rosemary Streets Statement of Appeal: Request change in value to $1,774,872. Current Assessed Value $2,016,900 County Opinion $21016,900 Time of Hearin 1:15 PM Appellant Opinion $1,774,872 County Representative Kelly Wells Board Decision $2,016,900 Evidence submitted by the appellant: • No evidence submitted by appellant. Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board Accept the County's recommendation of no change in value Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Property .14 Acre Parking Lot Parcel ID or Abstract 9788260736 Description between W. Franklin and W. Rosemary Streets Statement of Appeal: Request change in value to $221,056. Current Assessed Value $251,200 County Opinion $251,200 Time of Hearin 1:15 PM Appellant Opinion $221,056 County Representative Kelly Wells Board Decision $251,200 Evidence submitted by the appellant: • No evidence submitted by appellant. Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board Accept the County's recommendation of no change in value Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC Property Address 306 West Franklin Street Parcel ID or Abstract 9788261802 Statement of Appeal: Request change in value to $3,032,832. Current Assessed Value $3,446,400 County Opinion $39446,400 Time of Hearin 1:15 PM Appellant Opinion $39032,832 County Representative Kelly Wells Board Decision $3,446,400 Evidence submitted by the appellant: 0 No evidence submitted by appellant. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board Accept the County's recommendation of no change in value Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC PropertyAddress 311 West Rosemary Street Parcel ID or Abstract 9788272090 Statement of Appeal: Request change in value to $245,080. Current Assessed Value $278,500 County Opinion $278,500 Time of Hearin 1:15 PM Appellant Opinion $245,080 County Representative Kelly Wells Board Decision $278,500 Evidence submitted by the appellant: • No evidence submitted by appellant. Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board Accept the County's recommendation of no change in value Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Property Identification: Property Owner Chapel Hill Franklin Street Appellant(if different) Hailey Garrett, Senior Labs 1 LLC Manager, Commercial Property Tax Ryan LLC Property Address 315 West Rosemary Street Parcel ID or Abstract 9788262905 Statement of Appeal: Request change in value to $1,485,000. Current Assessed Value $1,687,500 County Opinion $1,687,500 Time of Hearin 1:15 PM Appellant Opinion $1,485,000 County Representative Kelly Wells Board Decision $1,687,500 Evidence submitted by the appellant: • No evidence submitted by appellant. Evidence submitted by the county representative: • No change in value due to no evidence or reason submitted by appellant. • Property Record Card. • Photo of subject property. • Aerial photo of subject property. Motion of the Board Accept the Coun 's recommendation of no change in value Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property owner Carolyn Lane Appellant(if different) Property Address 1702 Dimmocks Mill Road Parcel ID or Abstract 19864331665 Statement of Appeal: Request for the house be corrected from a manufactured home to a conventionally constructed home. Current Assessed Value $88,700 County Opinion $188,700 Time of Hearing 1:22 PM Appellant Opinion Change house from manufactured home to a conventionally constructed home County Representative Louise Benson- Board Decision $188,700 Lochner Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Evidence submitted by the appellant: • Per phone conversation and site visit,the appellant stated that in 1976 there was a single-wide manufactured home on site. In 1978, she and her husband pulled the single-wide to the side of the lot. They self-constructed the current home at the current location. She described the physical labor conducted at that time. • The appellant is in need of the residence to be correctly classified for insurance purposes. Evidence submitted by the county representative: • A site visit was conducted on June 20,2024. The taxpayer was present but denied appraiser to observe the interior of the residence for grade,condition, or construction standards. Exterior measurements and photos were taken of the residence and the outbuilding. It is the appraiser's position that the residence is a conventionally constructed(stick-built)home. • Corrections to property record includes: 1. Reclassify from R060-Manufactured Home to ROI O-Single Family 2. Effective Year Built from 1978 to 2000,due to continual maintenance 3. Floors-P-Plywood to H-Hardwood 4. 1-Forced air heat system to 4-Combo Heat&Air 5. Open porch to screened porch 6. Added patio next to screened porch 7. Corrected the storage building to include depreciation. 8. Added 2 lean-to sheds to storage building. These corrections would result in a revised assessed value of$188,700. • Current PIN Assessors Card. • Revised PIN Assessors Card. • Photos of improvements. • GIS map. Motion of the Board Accept County's revised value of$188,700 Made the motion Barabara Levine Seconded the motion Tony Blake Voted For Leon Meyers Voted Against Property Identification: Property Owner Alfreddie Smith Jr. Appellant if different Property Address 1010 Palace Drive Parcel ID or Abstract 19836273387 Statement of Appeal: Request change in value based on a comparable sale. Current Assessed Value $426,100 County Opinion $404,600 Time of Hearin 1:26 PM Appellant Opinion $370,000 County Representative Louise Benson- Board Decision $404,600 Lochner Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Evidence submitted by the appellant: • Appellant is requesting a change in value based on a comparable sale at 2319 Ira Road,PIN 9846327567. Evidence submitted by the county representative: • Taxpayer has supplied the sale of 2319 Ira Rd as a comparable property for the subject's value. This property sold for$370,000 in 2019. Taxpayer is requesting the assessed value of the subject home to be reduced to $370,000 based on this sale. • Sales through 12/31/2020 were utilized for the 2021 revaluation period. During the reval. process,the most current sales are better representatives of the market conditions. In 2020, Orange County had strong sales based on current market conditions. There was a notable increase in sales to listing ratios along with a higher market demand in 2020 than in 2019. • It has been determined the recorded 3,559 square foot of the subject was incorrect.A re-sketch has determined 3,303 square foot is a more accurate estimate to be utilized for tax year 2024. • Attached is a grid comparing the taxpayer comparable to the subject along with 3 additional comparables. The additional comparables are all 2020 sales. In addition to being more timely sales,they are more similar in age, square footage,heat system, and construction style than the taxpayer's comp. Comp 2 has a higher overall quality than the subject. This is reflected in its higher sales price and higher assessed building value. For this reason, Comps 1 &3 are given higher weight when determining the estimated value of the subject's building value. These two comps are similar to the subjects building value;therefore,the building value is appropriate at $347,200. • In addition to the dated sale of the taxpayer's comp,the comp is of a lower construction quality,has an inferior heating system, and a unique floor plan that would not be desirable to the traditional homebuyer. It is this appraiser's position that these aspects are what led to the relatively lower sales price. • Current PIN card for subject. • Revised PIN card for subject. • PIN card for taxpayer comp. • Photos of Subject; Taxpayers Comp; Comps 1-3. • Sales comparison chart. • GIS map of subject location. Motion of the Board Accept the County's revised value of$404,600 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Property Identification: Property Owner Todd Atlas Appellant if different Property Address 4608 Timberly Drive Parcel ID or Abstract 19890572651 Statement of Appeal: Request change in value based on comparable sales. Current Assessed Value $1,571,100 County Opinion $1,246,500 Time of Hearin 1:32 PM Appellant Opinion $1,025,000 County Representative Louise Benson- Board Decision $1,246,500 Lochner Evidence submitted by the appellant: • Appellant provided a 13-page document(document can be found in Spatialest). Detailed information in the document pertains to: 1.Actual construction costs vs. assessed valuations 2.Notations of 3 comps 3. Tennis court costs 4.Accessory bath house information&costs 5. Elevator information&costs Evidence submitted by the county representative: • On July 10,2024 a site visit to the property was completed by Orange County Appraiser, Louise Lochner and Real Property Appraisal Manager,Roger Gunn. The taxpayer,Todd Atlas, was present. The interior and exterior of the home was viewed. • It was determined the home has 5 full bathrooms. This is a correction from 4 baths. • Mr. Atlas provided 3 comparable sales for review. Two of these sales were inappropriate due to the age of homes. They were built in the 1960's. The remaining sale at 7108 Kobold Lane (9890677140) is a valid competing property due to age and construction style. The grade established for the competing home is A+20,while the grade for the subject home was A+45. A fair and equitable grade of the subject home was determined to be A+20 based on the comparable. • The homeowner provided information concerning construction costs of the additional features of the property. Upon review of all the amenities it was determined to adjust the grade of the amenities from `A' to `C'. This was due to the amenities being of average quality with no additional accoutrements such as lighting and specialized finishes. • The tennis pavilion was reviewed. The Special Features section of the property record card outline the specifics. Included are the `Bath House' which has a half-bath plus shower,the `Stg Bldg' for storage, a concrete patio area, and a `Porch' graded as `A' due to including a sink and small refrigerator. These components total an assessed value of the pavilion of$16,200. • The Tennis Court has 50%depreciation applied. The taxpayer conveyed the court has imperfections due to the material utilized on the concrete. It is unknown to the taxpayer if the court can be repaired or refinished. • Current PIN card for subject. • Revised PIN card for subject. • PIN card for taxpayer comp. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 • Photos of Subject; Taxpayers Comp. • Appeal summary of County's position. • GIS map of subject location. Motion of the Board Accept the County's revised value of$1,246,500 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner NEC Financial Services Appellant(if different) Rebecca McEachron, LLC Consultant,Property Tax Compliance Ryan LLC Property Business Personal Parcel ID or Abstract 3199295 Address/Description Property located at 1525 E Franklin Street Statement of Appeal: Request compromise of taxes in the amount of$4.83 for listing penalty. Current Assessed Value N/A County Opinion Applied listing penalty of$4.83 Time of Hearing 1:40 PM Appellant Opinion Compromise of taxes for$4.83 in listing penalty County Representative Karen Atwater Board Decision Grant full compromise of$4.83 in listing penalty Evidence submitted by the appellant: • "We received the tax bill for NEC Financial Services with late penalties for filing. However, we sent the returns via USPS January 29,2024.We have provided a copy of the proof of mailing. I am respectfully requesting the penalty be removed." • Email request from authorized agent on behalf of NEC Financial Services to remove penalty. • Copy of Certificate of Bulk Mailing with timely USPS postmark. Evidence submitted by the county representative: • Per NCGS 105-311 (b)(1),when submitting abstracts by mail, if no date is shown on the postmark, or if the postmark is not affixed by the USPS,the abstract is considered filed when received in the office of the assessor. • The abstract was received in our office on 2/5/2024, after the 1/31/2024 deadline. With no USPS postmark the abstract was marked late,which adds a 10%penalty to the calculated taxes. • NCGS 105-311 (c) further states the burden of proof is on the taxpayer to show the abstract was timely filed. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 • A copy of the Certificate of Bulk Mailing has been provided showing a USPS postmark of 1/29/2024. This proof would show the abstract can be marked timely. • NEC Financial Services appeal summary. • Copy of NCGS 105-311. • Copy of 2024 NEC Financial Services business personal property listing with envelope. • Copy of 2024 tax bill. Motion of the Board Compromise the entirety of the$4.83 listing penalty Made the motion Barbara Levine Seconded the motion Leon Meyers Voted For Tony Blake Voted Against Property Identification: Property Owner Pawnee Leasing Appellant(if different) Angela Mauch, Corporation Licensed Tax Agent Advanced Property Tax Compliance Property Business Personal Parcel ID or Abstract 1069163 Address/Description Property located at 431 West Franklin Street Statement of Appeal: Request compromise of taxes in the amount of$147.14 for listing penalty. Current Assessed Value N/A County Opinion Applied listing penalty of $147.14 Time of Hearing 1:42 PM Appellant Opinion Compromise of taxes for $147.14 in listing penalty County Representative Karen Atwater Board Decision Grant full compromise of $147.14 in listing penalty Evidence submitted by the appellant: • Appellant is requesting the listing penalties be removed from Pawnee Leasing's accounts for tax year 2023. The returns were mailed from their office on 1/30/2023.A copy of the postmarked proof of mailing has been provided. • Copy of Certificate of Bulk Mailing with timely USPS postmark. Evidence submitted by the county representative: • Per NCGS 105-311 (b)(1),when submitting abstracts by mail, if no date is shown on the postmark, or if the postmark is not affixed by the LISPS,the abstract is considered filed when received in the office of the assessor. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 • The abstract was received in our office on 2/6/2023, after the 1/31/2023 deadline. With no USPS postmark the abstract was marked late,which adds a 10%penalty to the calculated taxes. • NCGS 105-311 (c) further states the burden of proof is on the taxpayer to show the abstract was timely filed. • A copy of the Certificate of Bulk Mailing has been provided showing a USPS postmark of 1/30/2023. This proof would show the abstract can be marked timely. • The 2023 tax bills have been paid,with only the listing penalty amounts outstanding. • Pawnee Leasing Corporation appeal summary. • Copy of NCGS 105-311. • Copy of 2023 Pawnee Leasing BPP listings with envelope. • Copy of 2023 tax bills showing balance due. Motion of the Board Compromise the entirety of the$147.14 listing penalty Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Pawnee Leasing Appellant(if different) Angela Mauch, Corporation Licensed Tax Agent Advanced Property Tax Compliance Property Business Personal Parcel ID or Abstract 3199309 Address/Description Property located at 115 Oakdale Drive Statement of Appeal: Request compromise of taxes in the amount of$10.90 for listing penalty. Current Assessed Value N/A County Opinion Applied listing penalty of$10.90 Time of Hearing 1:42 PM Appellant Opinion Compromise of taxes for$10.90 in listing penalty County Representative Karen Atwater Board Decision Grant full compromise of$10.90 in listing penalty Evidence submitted by the appellant: • Appellant is requesting the listing penalties be removed from Pawnee Leasing's accounts for tax year 2023. The returns were mailed from their office on 1/30/2023.A copy of the postmarked proof of mailing has been provided. • Copy of Certificate of Bulk Mailing with timely USPS postmark. Evidence submitted by the county representative: Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 • Per NCGS 105-311 (b)(1),when submitting abstracts by mail, if no date is shown on the postmark, or if the postmark is not affixed by the USPS,the abstract is considered filed when received in the office of the assessor. • The abstract was received in our office on 2/6/2023, after the 1/31/2023 deadline. With no USPS postmark the abstract was marked late,which adds a 10%penalty to the calculated taxes. • NCGS 105-311 (c) further states the burden of proof is on the taxpayer to show the abstract was timely filed. • A copy of the Certificate of Bulk Mailing has been provided showing a USPS postmark of 1/30/2023. This proof would show the abstract can be marked timely. • The 2023 tax bills have been paid,with only the penalty amounts outstanding. • Pawnee Leasing Corporation BOER summary. • Copy of NCGS 105-311. • Copy of 2023 Pawnee Leasing BPP listings with envelope. • Copy of 2023 tax bills showing balance due. Motion of the Board Compromise the entirety of the $10.90 listing penalty Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Pawnee Leasing Appellant(if different) Angela Mauch, Corporation Licensed Tax Agent Advanced Property Tax Compliance Property Business Personal Parcel ID or Abstract 3184807 Address/Description Property located at 501 South Greensboro Street Statement of Appeal: Request compromise of taxes in the amount of $27.20 for listing penalty. Current Assessed Value N/A County Opinion Applied listing penalty of$27.20 Time of Hearing 1:43 PM Appellant Opinion Compromise of taxes for$27.20 in listing penalty County Representative Karen Atwater Board Decision Grant full compromise of$27.20 in listing penalty Evidence submitted by the appellant: • Appellant is requesting the filing penalties be removed from Pawnee Leasing's accounts for tax year 2023. The returns were mailed from their office on 1/30/2023.A copy of the postmarked proof of mailing has been provided. • Copy of Certificate of Bulk Mailing with timely USPS postmark. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 L Evidence submitted by the county representative: • Per NCGS 105-311 (b)(1),when submitting abstracts by mail, if no date is shown on the postmark, or if the postmark is not affixed by the LISPS,the abstract is considered filed when received in the office of the assessor. • The abstract was received in our office on 2/6/2023, after the 1/31/2023 deadline. With no USPS postmark the abstract was marked late,which adds a 10%penalty to the calculated taxes. • NCGS 105-311 (c) further states the burden of proof is on the taxpayer to show the abstract was timely filed. • A copy of the Certificate of Bulk Mailing has been provided showing a USPS postmark of 1/30/2023. This proof would show the abstract can be marked timely. • The 2023 tax bills have been paid,with only the penalty amounts outstanding. • Pawnee Leasing Corporation appeal summary. • Copy of NCGS 105-311. • Copy of 2023 Pawnee Leasing BPP listings with envelope. • Copy of 2023 tax bills showing balance due. Motion of the Board Compromise the entirety of the $27.20 listing penalty Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner Briones View Holdings, Appellant(if different) LLC Property Address 1506 East Franklin Street, Parcel ID or Abstract 9799032207.020 Suite 300 Statement of Appeal: Request change in value based on comparable sales. Current Assessed Value $1,150,900 County Opinion $1,093,400 Time of Hearin 1:45 PM Appellant Opinion $1,050,000 County Representative Roger Gunn Board Decision $1,093,400 Evidence submitted by the appellant: • The Appellant provided an appeal with an effective date of May 13,2022. The Appellant also states: 'Tour properties have sold within this building in the time that I have owned this unit.Not one property, including one sold in 2023,has sold for more than $190/square foot. The valuation provided was done by a professional appraiser. I had the property on the market at$1,100,000 for approximately 2.5 years and received 2 offers during that time that both fell through. One Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 offer was for$900,000 and the second offer was $700,000. According to a commercial lender at Fidelity Bank NC,who is based in Chapel Hill,comparable properties to Unit 300 are running far below the value that Orange County has assessed this Suite at. It should never have been assessed at$235/square foot which,I believe,was largely based on an income earning portfolio transaction of two newer buildings adjacent to the property located at 1506 E Franklin Street." Evidence submitted by the county representative: • The property under appeal is an office condominium located at 1506 E Franklin Street, Suite 300,in Chapel Hill. The appellant provided an appraisal with an effective date of May 13, 2022,which was post revaluation. • A sales report of comparable office condominiums sold prior to January 1,2021 was conducted and the average sales price per square foot was $191.73. Also included was an equity analysis of office condominiums from the same condominium project as the subject and the average value per square foot was $248.71. • To bring the subject unit more in line with other comparable units as of 1/1/2021,the County applied an E5 market adjustment,which lowered the assessed value to $1,093,400,or $220/square foot. The County recommends a revised value of$1,093,400 for the subject property. • GIS Aerial. • Photos. • Formal appeal. • Appraisal provided by the appellant. • Property Record Card(before changes). • Property Record Card(after changes). • Sales Analysis • Equity Analysis. Motion of the Board Accept the County's revised value of$1,093,400 Made the motion Barbara Levine Seconded the motion Tony Blake Voted For Leon Meyers Voted Against Property Identification: Property Owner Todd P. Edwards Appellant(if different) Property Address 620 East Franklin Street Parcel ID or Abstract 9788688432 Statement of Appeal: Request change in value based on comparable sales. Current Assessed Value $3,327,300 County Opinion $2,242,100 Time of Hearin 1:52 PM Appellant Opinion $2,200,000 County Representative Roger Gunn Board Decision $2,242,100 Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Evidence submitted by the appellant: • The Appellant provided three comparable properties to support their opinion of value. The first,PIN 978878142, is located at 704 E Franklin Street in Chapel Hill. The 2024 assessed value of this property is $2,240,800. The second,PIN 9788785857, is located at 729 E Franklin Street in Chapel Hill. The 2024 assessed value of this property is $2,109,519. The third, PIN 9788784950,is located at 721 E Franklin Street in Chapel Hill. The 2024 assessed value of this property is $2,396,900. Evidence submitted by the county representative: • The subject property is located at 620 E Franklin Street in Chapel Hill. A field inspection was conducted on August 2,2024. • The County performed a sales analysis on comparable properties in the subject's neighborhood. The result was an average price per square foot of$337.52. The subject property is currently assessed at$3,327,300, or$369 per square foot . With changes recommended by the County, the subject's assessed value would be reduced to $2,242,100,or$249 per square foot. At 9,013 heated square feet,the subject property has more heated square footage than the comparable properties. It has significantly more square footage in most cases. This results in a lower price per square foot for the subject property. • The County also performed an equity analysis. This analysis included the three comparable properties that were submitted by the appellant, as all were similar and in close proximity to the subject. The equity analysis resulted in an average value per square foot of$375.47. The subject is currently assessed at$3,327,300, or$369 per square foot. With changes recommended by the County,the subject's assessed value would be reduced to $2,242,100,or $249 per square foot. Again,the subject has more heated square footage than the comparable properties. This results in a lower value per square foot for the subject property. • After visiting the property,the County recommends removing a porch from the special features/yard items section of the property record card. The porch has an assessed value of $4,700. To bring the subject's assessed value in line with the values of similar properties as of January 1,2021,the County recommends reducing the quality grade from AA30 to A25. • These changes would reduce the assessed value from$3,327,300 to $2,242,100. The County recommends reducing the value of the subject property to $2,242,100. • Photo of subject property. • Property record card before changes. • Property record card after changes. • Sales report. • Property record card for sales comparables 1-3. • Equity analysis report. • Property record card for equity comparables 1-3. Motion of the Board Accept the County's revised value of$2,242,100 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Property Identification: Property Owner Glenda Wade Appellant(if different) Property Address 5223 Eno Cemetery Road Parcel ID or Abstract 19858710202 Statement of Appeal: Request for the property to receive an exclusion under G.S.105-277.1, elderly or disabled exclusion. Current Assessed Value N/A County Opinion Grant exclusion Time of Hearin 2:00 PM Appellant Opinion Grant exclusion County Representative Shavonda Board Decision Grant exclusion McLean Evidence submitted by the appellant: • The appellant would like to receive the elderly or disabled exclusion for 2024. Evidence submitted by the county representative: • The property was denied elderly or disabled exclusion due to the incomplete certification of disability for property tax exclusion for 2024.A completed copy of the certification of disability for property tax exclusion was received after the denial letter was mailed. • Timely application. • Appeal letter from appellant. Motion of the Board Grant the elderly or disabled exclusion for 2024 Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner PS Solar,Inc. Appellant(if different) Property Business Personal Parcel ID or Abstract 3213875 Address/Description Property located at 515 S Greensboro Street Statement of Appeal: Request for the property to receive an exemption under G.S.105-275(45), solar energy electric system exemption. Current Assessed Value N/A County Opinion Grant exemption Time of Hearin 2:02 PM Appellant Opinion Grant exemption County Representative Shavonda Board Decision Grant exemption McLean Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 Evidence submitted by the appellant: • The appellant would like to receive the solar energy electric system exemption for 2024. Evidence submitted by the county representative: • PS Solar, Inc. applied for solar energy electric system exemption. The property was denied solar energy electric system exemption due to no copies of the purchase agreement with the electric company.A copy of the purchase agreement was received after the denial letter was mailed. • Timely application. • Appeal letter for appellant. Motion of the Board Grant the solar energy electric system exemption Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Property Identification: Property Owner PS Solar,Inc. Appellant if different Property Business Personal Parcel ID or Abstract 3213874 Address/Description Property located at 510 Jones Ferry Road Statement of Appeal: Request for the property to receive an exemption under G.S.105-275(45), solar energy electric system exemption. Current Assessed Value N/A County Opinion Grant exemption Time of Hearin 2:03 PM Appellant Opinion Grant exemption County Representative Shavonda Board Decision Grant exemption McLean Evidence submitted by the appellant: • The appellant would like to receive the solar energy electric system exemption for 2024. Evidence submitted by the county representative: • PS Solar,Inc. applied for solar energy electric system exemption. The property was denied solar energy electric system exemption due to no copies of the purchase agreement with the electric company.A copy of the purchase agreement was received after the denial letter was mailed. Docusign Envelope ID: B5858B14-F04A-4D5A-8564-5E2A3DAAE086 • Timely application. • Appeal letter for appellant. Motion of the Board Grant the solar energy electric system exemption Made the motion Tony Blake Seconded the motion Barbara Levine Voted For Leon Meyers Voted Against Chair of the B d. Signed by: Leon Meyers E. 8/23/2024 Recording Secreru. Cusignedd by: Jennifer RigsbeeA "' KOtt. �E� . 8/23/2024