APN: 0619093130 Investor / Non-Owner Occupied

4217 OLIVE BRANCH LN

WAKE, NC • Wake County Jurisdiction
Financial & Assessment Core
Assessor Fair Market Value
$141,848
Taxable Assessed Value
$141,848
Est. Benchmark Tax (Unadjusted)
$1,007 / yr
at 0.71% benchmark baseline
Cadastral Land Area
5.64 Acres
245,519 sq ft
Cadastral Attributes & Deed Registry
Recorded Legal Owner BROWN, BENJAMIN W JR
Mailing Address PO BOX 155, NEW HILL NC 27562-0155 NC
Land Classification R
Improvement Share 11% Structure • 89% Land
Legal Description LO8 PINE-OAKS SUB
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Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)
4217 OLIVE BRANCH LN is cataloged under the Wake County, NC property tax appraisal roll with an assessor fair market valuation of $141,848. Structural improvements constitute 11% ($15,848) of total parcel value, with allocated land value accounting for 89% ($126,000). Based on the prevailing NC benchmark tax rate of 0.71%, estimated annual ad valorem taxes are approximately $1,007/year.
Assessed Land Valuation Baseline
$0.5132 / sq ft
Pure Cadastral Land Allocation ($126,000)
Plat Equity Disparity
Up to 46.6% Lower
Avg 27.6% reduction across 4 comps
Est. Potential Tax Rollback
$247 / 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 0619124806
0 SHADY GROVE CHURCH RD
DUKE ENERGY PROGRESS INC
158,452 sq ft $43,440 $0.2742 -46.6%
LOCKED 061928•••••
0 OLD ••••••••••••
LEVE••••••••••••
435,315 sq ft $165,408 $0.3800 -26.0%
LOCKED 061926•••••
0 SHEA••••••••••••
GOOD••••••••••••
6,429,322 sq ft $2,536,979 $0.3946 -23.1%
LOCKED 061914•••••
0 US 1••••••••••••
DUKE••••••••••••
44,056,885 sq ft $19,285,824 $0.4377 -14.7%
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.
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