Revaluations by the numbers
• 290 neighborhoods consisting of 19,591 residential properties
• 143 neighborhoods consisting of 10,517 properties had revaluations in excess of the county average 26 percent.
• 147 neighborhoods consisting of 8,782 properties had revaluations below the county average.
Neighborhoods With Highest Increases
• White Oak Condos, 95 properties in Carrboro around Fidelity St. off of Main St. — 46.77%
• Stateside, 43 properties in Chapel Hill off MLK between Orange Baptist Church and Timberlyne Shopping Center — 44.04%
• Rangewood, 73 properties in Carrboro off N.C. 54 between Poplar Ave. and Jones Ferry Road — 43.60%
• Homestead Village, 62 properties in Chapel Hill off Homestead Road near Sewell Elementary, Smith Middle and Chapel Hill High schools — 42.86%
• Camelot Village Condos, 109 properties in Chapel Hill off South Estes Dr. and across from University Mall — 41.85%
Neighborhoods With Lowest Increases
• Braddock Park, 30 properties in Hillsborough off U.S. 70 at Scotswood Blvd. — 1.50%
• Governor’s Grove, 34 properties in Cedar Grove off Gov. Scott Road between Efland-Cedar Grove and Mill Creek roads — 1.27%
• Northern Heights, 41 properties in Hillsborough off U.S. 70 at Rainey Ave. — 0.99%
• North Dixie, 68 properties in Hillsborough off U.S. 70 at Rainey Ave. — (0.01%)
• La Mesa, 70 properties, Timberlake off N.C. 57 at Bacon Road (2.92%)
Source: Orange County Tax Assessor
This is excellent data, however the title using the term “drops” is misleading. A 1.5% increase is still an increase. I know, details…..
Thanks for the info.