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Home My WebLink About2025_10_16 BOER Minutes Docusign Envelope ID: B6078875-4006-4277-BA6E-BACA45DCD2D8 MINUTES Orange County Board of Equalization and Review Meeting held on October 16, 2025 Board Members in attendance: Chair of the Board Leon Meyers Yes Regular Member Saru Salvi Yes Regular Member Richal Vanhook Yes Alternate Member Shareese Alston No Alternate Member Hunter Beattie No Alternate Member Tony Blake No Alternate Member Vaughn Compton No Alternate Member Shannon Julian No Alternate Member Barbara Levine No Orange County Staff in attendance: Office Assistant Jennifer Ri sbee Real Property Appraisal Manager Roger Gunn Temporary Appraiser Assistant Rob Teachout Appraiser Scott Zeman Meeting Schedule: No. Time Appellant PIN or Abstract Appeared Appeal Type 1 9:OOAM Helen H. Willcockson 9799841498 Yes Value-Real 2 9:17AM Shabbar Ranapurwala 9799420773 Yes Value-Real 3 9:48AM Matthew C. Hilkey 9779920104 Yes Value-Real Time B Meeting called to order 9:OOAM Leon Meyers Meeting adjourned 10:10AM Leon Meyers Property Identification: Property Owner Helen H. Willcockson Appellant(if different) Property Address 503 Sharon Road Parcel ID or Abstract 9799841498 Statement of Appeal: Request a reduction in value based on the condition of the home and comparable sales. Current Assessed Value $496,300 ounty Opinion $494,700 Time of Hearin 9:OOAM Appellant Opinion $450,000 County Representative Scott Zeman Board Decision $494,700 Docusign Envelope ID: B6078875-4006-4277-BA6E-BACA45DCD2D8 Evidence submitted by the appellant: • Repairs and maintenance are expensive for single homeowner nearing/navigating retirement. My home has not had recent updates/upgrades as many of the neighborhood homes have.For example, kitchen is original, flooring from 1986 and 1998, original paneled den, cracking/structural repairs needed to exterior brick veneer and carport driveway cement. • New comps in the neighborhood for homes of same age range and condition have been selling at lower values. See additional attachments. Evidence submitted by the county representative: • A site visit by an appraiser was performed on 10/10/2025. The appellant was at home and allowed access to the property exterior. Photos taken from the exterior are attached. The appellant provided interior and exterior photos when the appeal was filed. • Appraiser observations and recommendations: ➢ GRADE: The residence has a grade of B-10.No change to grade is recommended. ➢ AGE: The residence was built in 1969 and has an effective year built of 1979. An addition was built in 1991. The residence has had some upgrades to floors and appliances. Based on the interior photos,no change to the effective age is recommended. ➢ CONDITION: The residence is currently in Average condition with an additional 20% Physical depreciation adjustment. The additional adjustment accounts for deferred maintenance. No change to condition is recommended. ➢ BUILDING SKETCH: Two changes to the building sketch are recommended following the property review: A 13'xT unheated storage area should be added to the area designated as a carport, and the area designated as a screen porch should be changed to a greenhouse. These changes would reduce the building value by$1,600. ➢ ANALYSIS OF SALES: The appellant has provided seven comparable sales. However, three of the sales occurred after January 12025, and another was a forced sale. The appellant's three remaining comps indicate a median sale price per square foot of$267(1907 Ephesus Church Road,420 Tinkerbell Road, and 401 Thornwood Road). • The county also performed an analysis of four sales indicating a median sale price per square foot of$277. • With the recommended changes to the building sketch above, the subject property would be assessed at$231 per square foot. • The county recommends the property value be adjusted from$496,300 to$494,700 after changes to the building sketch. • Photos of subject • Appellant comparable report • Appellant additional comps • County sales analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Count 's Proposed Value: $494,700 Made the motion Richal Vanhook Seconded the motion Saru Salvi Voted For All BOER Members Docusign Envelope ID: B6078875-4006-4277-BA6E-BACA45DCD2D8 Voted Against Property Identification: Property Owner Shabbar Ranapurwala Appellant(if different) Property Address 1110 Willow Drive Parcel ID or Abstract 19799420773 Statement of Appeal: Request a reduction in value based on the fact that the property is located in a floodplain. Current Assessed Value $634,100 ounty Opinion $523,100 Time of Hearin 9:17AM Appellant Opinion $375,000-$405,000 County Representative Scott Zeman Board Decision $316,500 Evidence submitted by the appellant: • The appellant requests a change in value for the following: (1)A studio outbuilding was damaged by Hurricane Florence(2018) and Tropical Depression Chantal (2025). (2)Land valuation should reflect the property being in a floodplain. (3)Flood insurance costs and damages. (4)Market penalty for flood risk. (5)Required capital improvements. Evidence submitted by the county representative: • A site visit by an appraiser was performed on 10/10/2025. The appellant was at home and allowed access to the property's exterior and interior. Photos taken from the exterior are attached. • Appraiser observations and recommendations: ➢ GRADE: The residence has a grade of B-10.No change to grade is recommended. ➢ AGE: The residence was built in 1965 and currently has an effective year built of 2000. No change is recommended. ➢ CONDITION: The property was affected by Tropical Depression Chantal in 2025 with floodwaters reaching 5 to 6 feet above the foundation. Since the flooding occurred after January 1, 2025, no change to condition can be supported for 2025. An assessment of the property's condition for January 2026 is recommended. ➢ FLOOD ZONE: The property currently does not have a value adjustment for the flood zone. It is recommended an E15 neighborhood modifier be applied,which would reduce the building value by$45,000 and the land value by$45,000. ➢ YARD ITEMS: A studio outbuilding is currently valued at$21,100. It is recommended that the structure be reclassified as a workshop and a 50%depreciation override be applied. The structure is located in the floodplain and therefore has reduced utility. It's adjusted value would be $8,500. ➢ BUILDING SKETCH: The rear deck has been sketched incorrectly and is counted twice on the property record. This area should be corrected to a 24'xl2'deck over a patio. • With these changes,the county recommends the subject property be revalued from$634,100 to $523,100. • Appellant's letter to the Board • Photos of Subject • Current Property Record Card Docusign Envelope ID: B6078875-4006-4277-BA6E-BACA45DCD2D8 • Proposed Property Record Card Motion of the Board Value Changed as Follows: Set land value at$150,000,building value at$153,000 and yard items at $13,500 resulting in a revised value of$316,500 Made the motion Leon Meyers Seconded the motion Saru Salvi Voted For All BOER Members Voted Against ... Property Identification: Property Owner Matthew C. Hilkey JAppeHant(if different) Madeleine S.Hilkey Property Address 309 Ironwoods Drive I Parcel ID or Abstract 9779920104 Statement of Appeal: Request a reduction in value based on comparable sales. Current Assessed Value $774,800 ounty Opinion $746,200 Time of Hearin 9:48AM Appellant Opinion $715,000 County Representative Scott Zeman Board Decision $746,200 Evidence submitted by the appellant: • My home(-2,400 sq ft, 3 beds) is smaller and has fewer bedrooms than homes that sold recently in my neighborhood. Several larger homes sold for less than my assessed value of $774,800. • The appellant has provided an analysis of comparable sales. Evidence submitted by the county representative: • A site visit by an appraiser was performed on 10/10/2025. The appellant was at home and allowed access to the property exterior. Photos taken from the exterior are attached. The appellant has provided interior photos. • Appraiser observations and recommendations: ➢ GRADE: The residence has a grade of A which is consistent with most homes in the Ironwoods subdivision. No change to grade is recommended. ➢ AGE: The residence was built in 1991 and currently has an effective year built of 2004. Based on the interior photos showing the age of the kitchen and bathrooms, it is recommended the effective year built be changed to 1996. ➢ CONDITION: The property is currently in Average condition, and no change is recommended. ➢ ANALYSIS OF SALES: The appellant provided an analysis of eight sales and calculated a value of$638,543.26 for the subject property. Two of the sales in the appellant's analysis occurred after January 1,2025, and some of the properties have much higher square footages than the subject property. Docusign Envelope ID: B6078875-4006-4277-BA6E-BACA45DCD2D8 • The county conducted an analysis of four sales and determined a median sale price per square foot of$318. With the recommended change in effective year built,the subject property would be assessed at$311 per square foot. The difference is appropriate considering the subject property is not as upgraded as the properties used in the analysis. • The county recommends the subject property be revalued from$774,800 to $746,200 with an adjustment to the effective year built. • Overhead, exterior, and interior photographs. • Sales analysis by the appellant • Sales analysis by the county • Current property record card • Recommended property record card Motion of the Board Accept Count 's Proposed Value: $746,200 Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For Voted Against Leon Meyers Chair of the Fd;Signed by: Leon Meyers FE 11/10/2025 Recording Secre dcuSigned by: Jennifer RigsbeeLLWA(�►' s�u, 11/10/2025 Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 MINUTES Orange County Board of Equalization and Review Meeting held on October 16, 2025 Board Members in attendance: Chair of the Board Leon Meyers Yes Regular Member Saru Salvi Yes Regular Member Richal Vanhook No Alternate Member Shareese Alston No Alternate Member Hunter Beattie No Alternate Member Tony Blake No Alternate Member Vaughn Compton No Alternate Member Shannon Julian No Alternate Member Barbara Levine Yes 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 Temporary Appraiser Assistant Rob Teachout Appraiser C le Anderson Appraiser Jimmy Milliken Meeting Schedule: No. Time Appellant PIN or Abstract Appeared Appeal Type 1 1:03PM Joanne M. Zimmer 9778522605 Yes Value-Real 2 1:13PM Sarah Leah Laish 9890114107 No Value-Real 3 1:15PM Tanya J. Lind 9799416244 Yes Value-Real 4 1:29PM Dwight David Crabtree 0817031858 No Value-Real 5 1:34PM Karen S. Platt Morris 9844202616 No Value-Real 6 1:48PM Thomas Shaw Sr. 9990227733 Yes Value-Real 7 2:02PM Elizabeth K. Rucki 9779187381 Yes Value-Real 8 2:26PM Benjamin Yellen 0807671221 Yes Value-Real 9 2:30PM Benjamin Yellen 0807676016 Yes Value-Real Time B Meeting called to order 1:03PM Leon Meyers Meeting adjourned 2:37PM Saru Salvi Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Related meeting notes: • In the absence of Richal Vanhook,Barbara Levine served today. Property Identification: Property Owner Joanne M. Zimmer Appellant(if different) Property Address 127 Weatherhill Point Parcel ID or Abstract 19778522605 Statement of Appeal: Request a reduction in value based on comparable sales. Current Assessed Value $476,600 ounty Opinion 1 $476,600 Time of Hearin 1:03PM Appellant Opinion $430,000 County Representative Jimmy Milliken Board Decision $452,600 Evidence submitted by the appellant: • "113 Weatherhill Point sold in May 2025 for 461,000, sq ft 1,773 or 260.011 per sq ft. 129 Weatherhill Point sold March 28, 2025 for 450,000, sq ft 1518 or 296.442 per sq ft but they just redid all the siding and new roof and other improvements before sale 109 Weatherhill Point was sold on March 13, 2025 for 400,000, sq ft 1,684 or 237.529 per sq ft. If I take the average per sq footage of these 3 sales it comes to 264.660 times my sq footage of 1604= 423457 So setting my value of 430,000 seems reasonable." Evidence submitted by the county representative: • Subject property is a one-story residence located at 127 Weatherhill Point. in NBC 7729,was built in 1988, and contains 1,605 square feet. • The sales submitted by the appellant are 2025 sales and cannot be considered. • I created a sales analysis using NBC 7729 properties. Based on the two 2024 sales in my spreadsheet, the price per square-foot range assessed is$284 - $325 and the value range is $285 - $327. The subject property is currently valued at$296.95 per square foot. Comparables #1 and#4 are two-story properties and Comparables#2 and#3 are one-story properties.With this data, the County suggests no change in value. • Analysis • Current Property Record Card • Maps • Photo of Subject Motion of the Board Value Changed as Follows: $452,600 Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Property Identification: Property Owner Sarah Leah Laish Appellant(if different) Property Address 1516 Red Bud Road Parcel ID or Abstract 19890114107 Statement of Appeal: Request a reduction in value based on comparable sales. Current Assessed Value $801,400 ounty Opinion $753,000 Time of Hearin 1:13PM Appellant Opinion $725,000 County Representative Jimmy Milliken Board Decision $753,000 Evidence submitted by the appellant: • Disagree with the value based on market sales. Evidence submitted by the county representative: • Subject property is located in NBC 7492 at 516 Red Bud Road,was built in 1968, and contains 2,850 square feet. After reviewing the submitted documentation,Comparables#1 -#5 are 2025 sales and#6 is from NBC 7440. • I created an analysis using sales from NBC 7492 and after reviewing the sales, the County suggests lowering the grade from B to B-10 and the effective year built form 1975 back to the actual year built of 1968. This change is due to the renovations of the sold properties in comparison to the subject. This will create a revised property value of$753,000. • Summary • Current Property Record Card • Proposed Property Record Card • Maps • Photo of Subject Motion of the Board Accept Count 's Proposed Value: $753,000 Made the motion Barbara Levine Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Tanya J. Lind Appellant(if different) Property Address 107 Deerwood Court Parcel ID or Abstract 9799416244 Statement of Appeal: Request a reduction in value based on comparable sales, condition of home and proximity to a flood zone. Current Assessed Value $663,800 C unty Opinion $582,100 Time of Hearin 1:15PM Appellant Opinion $560,000 County Representative Jimmy Milliken Board Decision $582,100 Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Evidence submitted by the appellant: • The property is overvalued due to comps,maintenance, and proximity to flood zone. Evidence submitted by the county representative: • The subject property is located at107 Deerwood Court,in NBC 7418,was built in 1981, and contains 1,840 square feet. After reviewing the submitted documentation,the 2025 sales in the appellant's evidence cannot be considered. Also,the 2024 sales provided in the appellant's evidence are much larger properties which will generate a lower value per square foot. • The condition of the property is listed as average with a 1981 actual year built and 2001 effective year built This accurately considers the maintenance along with renovation and upgrades since the time of construction. • The map shows the 500-year flood plain to be at the rear edge of the property and based on supplied information, flood insurance is not required for the subject property. • I created an analysis of similar sized sold properties from NBC 7418 that indicate the subject property to need an adjustment. The County suggests adjusting the grade from B+10 to B-10 and adding a-10%land adjustment for topography at the rear of the property. This will create a revised value of$582,100 and this value will align the subject value with those of neighborhood properties that are similar in size and construction. • Analysis • Current Property Record Card • Proposed Property Record Card • Maps • Photo of Subject Motion of the Board Accept Coun 's Proposed Value: $582,100 Made the motion Barbara Levine Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Dwight David Crabtree Appellant(if different) Property Address .41 acre on Guess Road Parcel ID or Abstract 10817031858 Statement of Appeal: Request a reduction in value based on the fact that the property does not perc and drainage issues from neighboring property. Current Assessed Value $27,900 ounty Opinion $7,000 Time of Hearin 1:29PM Appellant Opinion $7,800 County Representative Kelly Wells Board Decision $7,000 Evidence submitted by the appellant: 9 Land is too small to build on-majority of land is in Durham County Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 • Does not perc • Drainage onto the parcel • Comparing Durham County per acre price Evidence submitted by the county representative: • The subject parcel is .41 acres of a triangular shaped vacant parcel that is part of a larger tract where the remaining portion is in Durham County. • Based on the size, shape and utility of the parcel being taxed in Orange County, The County recommend adding a-75%adjustment on the land resulting in a reduction in value from $27,900 to $7,000. • GIS Map • Plat • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Count 's Proposed Value: $7,000 Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Property Identification: Property Owner Karen S. Platt Morris Appellant(if different) Property Address 4620 Timberwood Trail Parcel ID or Abstract 9844202616 Statement of Appeal: Request a reduction in value based on an easement on the property, comparable sales and condition of the home. Current Assessed Value $314,800 ounty Opinion $296,000 Time of Hearin 1:34PM Appellant Opinion $225,000 County Representative C le Anderson Board Decision $296,000 Evidence submitted by the appellant: • The appellant states that there is a road easement on the subject property and provided a GIS aerial photo as supporting evidence. The appellant also provided four sales as supporting documentation. The appellant states that there are condition issues that further lesson this property's value. • The appellant submitted more documentation, an estimate to replace most of the plumbing, as additional supporting evidence on August 11,2025. The appellant also amended their opinion of value to $225,000. Evidence submitted by the county representative: Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 • The subject property is a 2.4-acre tract with a 2,296 square foot doublewide manufactured home, located at 4620 Timberwood Trail in Efland. The appellant states that their property is encumbered by a road easement and submitted a GIS aerial photo as supporting documentation. The appellant also submitted several comparable sales with their appeal. Only one of these sales, 4607 Timberwood Trail,was in the subject's neighborhood. The other comparable sales were from different neighborhoods located further away(2.53 to 3.51 miles) from the subject property. • On August 11,2025,the appellant amended their opinion of value to $225,000 due to recently discovered plumbing issues. The appellant provided a cost to cure estimate ($17,733.12)as supporting documentation. • The County analyzed the only comparable sale from the subject property's neighborhood, which consists of only nine parcels. Due to the size of the comparable sale, it's price per square foot is greater than that of the subject property. • The subject property has a-20%Physical Depreciation adjustment already applied to the dwelling,which reduces the building to its current value of$121,400. The building value without this adjustment would be$151,800. The County contends that this adjustment takes into account the plumbing issues associated with the subject dwelling. The County does recommend applying a-10%adjustment to the land,which would account for the road easement. This adjustment results in a revised value of$296,000 for the subject property. • Please note that the subject property is currently listed for sale on MLS and the following link from realtor.com is provided so that the Board may view additional photos: https://www.realtor.com/realestateandhomes-detail/4620-Timberwood- Trl Efland NC 27243 M58713-69149. This listing was not factored into the County's recommendation of value. • GIS Map • GIS Map of Subject's Neighborhood • Sales Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Accept Count 's Proposed Value: $296,000 Made the motion Barbara Levine Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: Property Owner Thomas Shaw Sr. Appellant(if different) Property Address 9421 NC 157 Parcel ID or Abstract 9990227733 Statement of Appeal: Request a reduction in value based on the condition of the home and comparable sales. Current Assessed Value $357,000 County Opinion $280,900 Time of Hearing 1:48PM Appellant Opinion $268,180 Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 County Representative I Kelly Wells Board Decision $258,200 Evidence submitted by the appellant: • The condition of the house and the land: ➢ The house has had no upgrades and needs repairs and maintenance. ➢ There is water damage from rain due to roof leaks and runoff of the land. • Comps: ➢ The comp you added to increase the value of my home is nothing like my home. They have a lake, a pool, a large,nice kitchen, granite sinks in the bathrooms and bookshelves. • Horace Johnson of the Orange County Property Tax Justice Coalition provided evidence on behalf of the appellant. Evidence submitted by the county representative: • The subject property is a 2,616 square foot single family home with a finished basement; 3 bedrooms and 2& 1/2 baths built in 1974 on 1.98 acres of land in Rougemont. • Due to the leak in the roof and the topography of the land,the house has sustained water damage including damaged kitchen cabinets, warped paneling in garage and basement, soaked carpet that had to be removed in the basement as well as mold and mildew. • The County recommends: ➢ Adding-20%topography to the land ➢ Reducing the grade of the home from C+10 to C ➢ Reducing the effective year built from 1979 to 1974 (AYB) for damage and needed upgrades ➢ Adding an additional 10%physical depreciation to the house for water damage • These proposed changes would result in a reduction in total value from$357,000 to $280,900. • Images of subject • GIS Map • Sales/Equity Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Value Changed as Follows: Additionally, change the condition of the home to Fair resulting in a revised value of $258,200 Made the motion Barbara Levine Seconded the motion Saru Salvi Voted For All BOER Members Voted Against Property Identification: 1 Property Owner I Elizabeth K. Rucki Appellant(if different) Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Property Address 210 Vermillon Lane Parcel ID or Abstract 9779187381 Statement of Appeal: Request a reduction in value based on comparable sales. Current Assessed Value $1,746,300 County Opinion $1,646,300 Time of Hearin 2:02PM Appellant Opinion $1,143,756 County Representative Jimmy Milliken Board Decision $1,646,300 Evidence submitted by the appellant: 0 Our property at 210 Vermillion Lane("Home")was recently assessed at$1,746,300(land $620,000,property$1,126,300). Based on comparable home prices in our neighborhood and in the Burgundy Lane subdivision(where our Home is located),the new assessment of our Home is a drastic outlier among comparable properties. We respectfully request,based on the arguments listed below and the enclosed Exhibits 1-7,that the Orange County Tax Office lower the valuation of the land and property of our Home. Specifically,based on the below referenced factors and comparable properties,we submit that a total valuation of a maximum of$1,143,756.5 (land$193,500;property$950,256.50)is a more appropriate valuation for our Home, which is backed up by the data. Evidence submitted by the county representative: • The subject property is located at 210 Vermillion Lane. This is a one-story property with 4,349 square feet in which 494 square feet is above the garage. Property was purchased in 2022 for $1,675,000 and is currently assessed at$1,746,300. • The comparables submitted are from different neighborhood codes that carry different land rates. The subject is in neighborhood 7986-7BurgundyLn. See NBC map. • I reviewed the submitted documentation and created an analysis of properties within the neighborhood. The subject property has a higher value per square-foot due to being the only one story property in the neighborhood verses the comparables of similar size being multi-story homes creating a lower value per square-foot. • The subject also has more land than the comparables, therefore a size adjustment was needed. The typical land sizes ranged from around..25 acre to around .70 acre,with the subject being 2.15 acres. After reviewing the plat documents, I adjusted the land from+55%to+30%for retaining pond, the storm water maintenance easement and the irregular shape. The adjustments will create a new value of$1,646,300. • Sales Analysis • NBC Map • Plat • Current Property Record Card • Proposed Property Record Card • Photo of Subject Motion of the Board Accept Count 's Proposed Value: $1,646,300 Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Property Identification: Property Owner Benjamin Yellen Appellant(if different) Property Address Lot A-3, Biron Lane Parcel ID or Abstract 10807671221 Statement of Appeal: Request a reduction in value based on offers received to purchase the property. Current Assessed Value $236,400 ounty Opinion $236,400 Time of Hearin 2:26PM Appellant Opinion $124,000 County Representative C le Anderson Board Decision Continue to a later date Evidence submitted by the appellant: • The appellant provided two offers to purchase this property received via mail from investors to support their opinion of value. Evidence submitted by the county representative: • The subject property is a vacant 10.89-acre tract located on Biron Lane in north Hillsborough. The County physically inspected the property for verification. In reviewing the appellant's supporting documentation,the two offers to purchase are from investors who are looking to buy land at discounted rates. The County contends that these offers do not represent true market value. The County performed a sales analysis of four vacant lots sold in proximity to the subject property. Comparable sale#1 is beside of the subject property and both tracts are very close in size. The other three comparable sales are located in neighborhood 5002. Neighborhood 5002 has a base rate of$66,000 for AC-9 pricing. The base rate per acre for the subject's neighborhood, 1002, is $60,000. Two of the three comparable sales from this neighborhood are similar in size and value to the subject property.After review, the County recommends changing the land influence code from Easement to Shape but leaving the land adjustment at-10%. This change does not impact the subject's assessed value. The County recommends no change to the subject's current assessed value of$236,400. • Photo of Subject • GIS Map • Subject and Comparable Sale#1 Aerial Photo • Subject and Neighborhood 5002 Aerial Photo • Sales Analysis • Current Property Record Card • Proposed Property Record Card Motion of the Board Continue to a Future Date/Time: Continue the appeal to allow the appellant an opportunity to provide a copy of the perc test Made the motion Saru Salvi Seconded the motion Barbara Levine Voted For All BOER Members Voted Against Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Property Identification: Property Owner Benjamin Yellen Appellant(if different) Property Address Lot B-Rev, Biron Lane Parcel ID or Abstract 10807676016 Statement of Appeal: Request a reduction in value based on offers received to purchase the property. Current Assessed Value $188,200 ounty Opinion $169,400 Time of Hearin 2:30PM Appellant Opinion $95,000 County Representative Cyle Anderson Board Decision Continue appeal to a later date Evidence submitted by the appellant: • The appellant provided two recent unsolicited offers for the subject property as supporting documentation. The appellant states that the offers were received via mail. Evidence submitted by the county representative: • The subject property is a 5.83-acre vacant tract located off Biron Lane in North Hillsborough. The County visited the lot for physical inspection. In reviewing the appellant's supporting documentation,the two offers to purchase are from investors who are looking to purchase land at discounted rates. The County contends that these offers do not represent true market value. The County performed a sales analysis of four vacant lots sold in proximity to the subject property. Comparable sale#1 is beside the subject property and has the same base rate of $60,000 per acre. The price per acre of comparable sale#1 is less than the subject property because it's almost twice as large. As acreage increases,the price per acre decreases. The other three comparable sales are located in neighborhood code 5002. Neighborhood 5002 has a base rate of$66,000 per acre. Two of the three comparable sales are much larger tracts than the subject property, so their price per square foot is lower. After review, the County recommends applying a-10%topography adjustment to the subject to account for a stream that runs up the right side of this tract. This adjustment would lower the assessed value to $169,400. The County recommends a revised value of$169,400 for the subject property. • Photo of Subject • GIS Map • Sales Analysis • Aerial Photo of Map of Comparable Sale#1 • Aerial Photo of Map of Subject's Neighborhood 1002 • Aerial Photo of Map of Neighborhood 5002 • Current Property Record Card • Proposed Property Record Card Motion of the Board Continue to a Future Date/Time: Continue the appeal to allow the appellant an opportunity to provide a copy of the perc test Made the motion Barbara Levine Seconded the motion Saru Salvi Voted For All BOER Members Docusign Envelope ID:74C3A9E3-D768-4955-8605-370E577359C1 Voted Against ... ... Chair of the rdsigned by: Leon MeyersL �_€ =Fl 11/13/2025 Recording Secre Qcusigned by: U��r �t�S u, Jennifer Rigsbeeo?aaaaonn Egy¢Fn 11/13/2025