Financial & Assessment Core

Assessor Fair Market Value

$76,810

Taxable Assessed Value

$76,810

Est. Benchmark Tax (Unadjusted)

$553 / yr

at 0.72% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

6.59 Acres

287,060 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	GEARREN, EARL EUGENE (GEARREN, DANNY LEE)
Mailing Address	8787 NC HWY 109, NEW LONDON NC
Land Classification	SINGLE FAMILY RESIDENCE
Improvement Share	62% Structure • 38% Land
Legal Description	R109;BOTH

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)

8787 NC HWY 109 is cataloged under the Randolph County, NC property tax appraisal roll with an assessor fair market valuation of $76,810. Structural improvements constitute 62% ($47,810) of total parcel value, with allocated land value accounting for 38% ($29,000). Based on the prevailing NC benchmark tax rate of 0.72%, estimated annual ad valorem taxes are approximately $553/year.

Assessed Land Valuation Baseline

$0.1010 / sq ft

Pure Cadastral Land Allocation ($29,000)

Plat Equity Disparity

Up to 61.2% Lower

Avg 53.4% reduction across 4 comps

Est. Potential Tax Rollback

$111 / 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 6684357146	R1100;N NO RD FRTG DANIEL, JOHNNY (DANIEL, DAWN)	2,059,444 sq ft	$80,700	$0.0392	-61.2%
LOCKED 668443•••••	R1100;•••••••••••• SHK ••••••••••••	9,838,302 sq ft	$481,980	$0.0490	-51.5%
LOCKED 668422•••••	R109;W•••••••••••• Faus••••••••••••	30,057 sq ft	$1,500	$0.0499	-50.6%
LOCKED 668441•••••	R109;E•••••••••••• SHK ••••••••••••	2,346,327 sq ft	$117,580	$0.0501	-50.4%

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
R109;BOTH, RANDOLPH, NC	RANDOLPH	$66,290
R109;BOTH, Randolph, NC	Randolph	$110,480
R1100;N NO RD FRTG, RANDOLPH, NC	RANDOLPH	$80,700
R1100;N NO RD FRTG, Randolph, NC	Randolph	$134,500
R2563;BOTH, RANDOLPH, NC	RANDOLPH	$114,680
R2563;BOTH, Randolph, NC	Randolph	$198,490

8787 NC HWY 109

Tax Equity Assessment Comps & Appeal Intelligence

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