E&R 2008-05-22
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BOOK 1
PAGE 509
NEW HANOVER COUNTY BOARD OF
EQUALIZATION AND REVIEW, MAY 22, 2008
ASSEMBLY
The 2007 New Hanover County Board of Equalization and Review met on Thursday, May 22, 2008, at
10:00 a.m. in Conference Room 601 of the New Hanover County Government Center, 230 Government Center
Drive, Wilmington, North Carolina. The purpose of the meeting was to hear appeals flIed by property owners
regarding their tax value assessments.
Members present were: Vice-Chairman Robert G. Greer, Commissioner William A. Kopp, and
Commissioner Nancy H. Pritchett.
Chairman William A. Caster and Commissioner Ted Davis, Jr. were absent.
Staff members present were: Tax Administrator Roger Kelley, Appraisal Supervisor Henry J.
Montgomery, Appraiser Pete Richardson, and Deputy Clerk to the Board Kymberleigh G. Crowell.
Board of Equalization and Review Vice-Chairman Greer called the meeting to order.
TAX APPEAL PRESENTATIONS
The Board heard appeal presentations from the following individuals regarding the 2007 tax assessment of
real property. Each appellant was informed that the Board would make decisions following the hearings and that
the Tax Administrator would notify each appellant by mail of the Board's decision.
1. Michael E. Lopez, President of Alpha Mortgage Corporation representing Alpha Mortgage Corporation,
property owner of 1319 Airlie Rd, Wilmington, NC; R05700-006-027-001.
2. John C. Byrnes, III, representing John C. Byrnes IV ET AL Trustees, property owner of 7 Cedar
Island***, Wilmington, NC; R06700-003-003-008.
Break: Vice-Chairman Greer called for a break at 11 :20 a.m. and reconvened at 1: 1 0 p.m.
3. Betty A. Sellers, representing Wilmington Development Company, property owner of 11 Lennon Dr,
Wilmington, NC; R04912-001-002-000.
4. Betty A. Sellers, representing Wilm Development Co, property owner of 60 S Kerr Ave, Wilmington,
NC; R04914-004-002-000.
5. Betty A. Sellers, representing H L and Betty R Prevatte, property owners of 4615 Market St, Wilmington,
NC; R049 1 5-001-002-000.
6. Betty A. Sellers, representing H L and Betty R Prevatte, property owners of 4621 Market St, Wilmington,
NC; R04915-001-005-000.
7. Morris Page, representing Morris Norman and Mary Louise Page, property owners of 1322 N Lake Park
Blv, Carolina Beach, NC; R08810-004-047-000.
8. Morris Norman Page, property owner of 1324 N Lake Park Blv, Carolina Beach, NC; R08 81 0-004-097-
000.
In deliberations after the hearing of the appeals, the Board affirmed the assessed values as follows:
Parcel ill
R05700-006-027 -001
Assessed
Value
$1,439,431
Affirmed
Value
$724,096
(Reduced land value
by an additional 7%)
$1,716,9 17
Owner
Alpha Mortgage Corporation
13 19 AirIie Rd, Wilmington, NC
R06700-003-003-008
Byrnes John C IV ETAL Trustees
7 Cedar Island***, Wilmington, NC
$1,546,504
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NEW HANOVER COUNTY BOARD OF
EQUALIZATION AND REVIEW, MAY 22, 2008
Parcel ID
R049 I 2-00 1-002-000
Owner
Wilmington Development
1 I Lennon Dr, Wilmington, NC
Wilm Development Co
60 S Kerr Ave, Wilmington, NC
Assessed
Value
$88,029
$7,237,486
R04914-004-002-000
R049 I 5-00 1-002-000
Prevatte H L Betty R
4615 Market St, Wilmington, NC
Prevatte H L Betty R
4621 Market St, Wilmington, NC
Page Morris Norman Mary Louise
1322 N Lake Park Blv, Carolina Beach, NC
Page Morris Norman
1324 N Lake Park Blv, Carolina Beach, NC
$96,286
$706,955
$330,712
$787,800
R04915-00 1-005-000
R08 81 0-004-047 -000
R0881O-004-097 -000
BOOK 1
PAGE 510
Affirmed
Value
$88,029
Tabled until meeting
of May 28,2008
(Staff to calculate value -
Reduce CDU from Average
to Fair for building values
only)
$96,286
$575,000
$157,200
$554,000
TAX APPEALS WITHDRAWN
Tax Administrator Kelley reported that the following appellants have agreed to an adjusted value and
withdrawn their appeals. The Board affirmed the assessed values of the following:
Assessed Affirmed
Parcel ID Owner Value Value
R04 I 00-00 1-008-000 E W Godwin's Sons $50,017 $50,017
1207 Castle Hayne Rd, Wilmington, NC
R041 00-00 1-006-000 E W Godwin's Sons Inc $146,000 $146,000
1233 Castle Hayne Rd, Wilmington, NC
R05408-0 1 0-033-000 United Dominion Realty Trust $14,750,000 $14,750,000
23 14 Gibson Ave, Wilmington, NC
R05700-003-062-000 Crockers Landing Assoc Inc $2,965,800 $2,965,800
1324 Airlie Rd, Wilmington, NC
R057 I 9-003-021-002 Seapath Yacht Club Inc $14,867,935 $14,867,935
328 Causeway Dr, WrightsviIle Beach, NC
R05719-003-021-135 Seapath Yacht Club Inc $1,333,329 $1,333,329
328 Causeway Dr, WrightsviIle Beach, NC
R06700-003-003-007 Pottle Thomas G Mary E $1,504,766 $1,504,766
6 Cedar Island***, Wilmington, NC
R08200-00 I -004-00 1 Bozeman Ernest Elaine ET AL $123,024 $123,024
7116 Carolina Beach Rd, Wilmington, NC
R08200-00 1-004-002 Bozeman Ernest Elaine $84,000 $84,000
7124 Carolina Beach Rd, Wilmington, NC
R08200-00 1-004-003 Bozeman Ernest Elaine M $97,920 $97,920
7120 Carolina Beach Rd, Wilmington, NC
R08500-002-043-000 Bozeman Ernest Elaine M $37,611 $37,611
7178 Carolina Beach Rd, Wilmington, NC
R08 800-005-002-00 1 Snows Cut Crossing LLC $6,000,000 $6,000,000
1401 N Lake Park Blv, Carolina Beach, NC
R08800-005-011-000 Snows Cut Crossing LLC $1,600,000 $1,600,000
1361 N Lake Park Blv, Carolina Beach, NC
R09213-0 I 4-0 1 0-000 SF Holdings of Wilmington LLC $2,850,000 $2,850,000
105 Atlantic Ave, Kure Beach, NC
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NEW HANOVER COUNTY BOARD OF
EQUALIZATION AND REVIEW, MAY 22, 2008
BOOK 1
PAGE 511
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ADJOURNMENT
There being no further business, Vice-Chairman Greer recessed the 2007 Board of Equalization and
Review at 3:00 p.m. The meeting will convene May 28,2008 at 9:00 a.m.
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