Financial & Assessment Core

Assessor Fair Market Value

$154,600

Taxable Assessed Value

$154,600

Est. Benchmark Tax (Unadjusted)

$819 / yr

at 0.53% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

5,145 sq ft

0.12 Acres

Cadastral Attributes & Deed Registry

Recorded Legal Owner	FARROW, LESTER B III
Mailing Address	P O BOX 365, FRISCO NC
Land Classification	MULTI-USE
Improvement Share	64% Structure • 36% Land

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)

53203 LESTER FARROW RD is cataloged under the Dare County, NC property tax appraisal roll with an assessor fair market valuation of $154,600. Structural improvements constitute 64% ($98,300) of total parcel value, with allocated land value accounting for 36% ($56,300). Based on the prevailing NC benchmark tax rate of 0.53%, estimated annual ad valorem taxes are approximately $819/year.

Assessed Land Valuation Baseline

$10.9407 / sq ft

Pure Cadastral Land Allocation ($56,300)

Plat Equity Disparity

Up to 62.3% Lower

Avg 59.9% reduction across 4 comps

Est. Potential Tax Rollback

$179 / 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 050508992635	53018 NC 12 HWY ALIFF, ROY E	17,326 sq ft	$71,500	$4.1267	-62.3%
LOCKED 050508•••••	53214 •••••••••••• Groc••••••••••••	15,234 sq ft	$65,600	$4.3061	-60.6%
LOCKED 050508•••••	53205 •••••••••••• BUNT••••••••••••	12,589 sq ft	$54,400	$4.3211	-60.5%
LOCKED 050508•••••	53004 •••••••••••• Moor••••••••••••	17,810 sq ft	$85,100	$4.7782	-56.3%

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

Adjacent Property & Address	City	Just Valuation
53103 NC 12 HWY, FRISCO, NC	FRISCO	$48,500
53103 Nc 12 Hwy, Frisco, NC	Frisco	$55,400
53060 NC 12 HWY, FRISCO, NC	FRISCO	$390,000
53060 Nc 12 Hwy, Frisco, NC	Frisco	$639,700
53209 WILLIS RD, FRISCO, NC	FRISCO	$135,600
53209 Willis Rd, Frisco, NC	Frisco	$247,500

53203 LESTER FARROW RD

Tax Equity Assessment Comps & Appeal Intelligence

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