Financial & Assessment Core

Assessor Fair Market Value

$55,400

Taxable Assessed Value

$55,400

Est. Benchmark Tax (Unadjusted)

$294 / yr

at 0.53% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

1.04 Acres

45,305 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	FARROW, LESTER B III
Mailing Address	P O BOX 365, FRISCO NC
Land Classification	VACANT LAND (PRIVATE)
Improvement Share	0% Structure • 100% Land

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (3 Verified Comps)

0 NC 12 HWY is cataloged under the Dare County, NC property tax appraisal roll with an assessor fair market valuation of $55,400. The underlying cadastral land allocation is assessed at $55,400. Based on the prevailing NC benchmark tax rate of 0.53%, estimated annual ad valorem taxes are approximately $294/year.

Assessed Land Valuation Baseline

$1.2228 / sq ft

Pure Cadastral Land Allocation ($55,400)

Plat Equity Disparity

Up to 61.6% Lower

Avg 44.0% reduction across 3 comps

Est. Potential Tax Rollback

$129 / yr

Immediate relief against certified assessment roll

Verified Pure Land Comparables (Private Holdings on Immediate Plat):

Comparable APN	Street Address / Owner	Land Area	Certified Land Value	Land Rate / sq ft	Inequity Gap
VERIFIED COMP 050508983481	0 NC 12 HWY WILLIS, MARGARET L	76,716 sq ft	$36,000	$0.4693	-61.6%
LOCKED 050508•••••	0 Nc 1•••••••••••• Will••••••••••••	76,716 sq ft	$42,100	$0.5488	-55.1%
LOCKED 050508•••••	53236 •••••••••••• WILL••••••••••••	61,500 sq ft	$63,800	$1.0374	-15.2%

Official Value Adjustment Board (VAB) Evidence Packet Ready

Under Florida Statutes § 193.011 and county appraisal guidelines, presenting verified lower-assessed adjacent land comparables establishes prima facie proof of unequal assessment. Open the official certified evidence packet ready for VAB board submission.

🔒 Orders Paused for System Maintenance

Nearby Properties in Dare County

Adjacent Property & Address	City	Just Valuation
53214 WILLIS RD, FRISCO, NC	FRISCO	$120,600
53214 Willis Rd, Frisco, NC	Frisco	$211,900
53226 WILLIS RD, FRISCO, NC	FRISCO	$275,200
53226 Willis Rd, Frisco, NC	Frisco	$449,100
53220 WILLIS RD, FRISCO, NC	FRISCO	$183,000
53220 Willis Rd, Frisco, NC	Frisco	$262,200