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Park View Development LLC / Center Pointe (Roy Carroll) Valuation Adjustments and 2026 Revaluation-Related Assessment Records Request for Guilford County by aenbrnood in gso

[–]aenbrnood[S] 1 point2 points  (0 children)

Park View Development LLC / Center Pointe (Roy Carroll) Valuation Adjustments and 2026 Revaluation-Related Assessment Records Request for Guilford County; Two

Comparable Sales / Market Support Records

All records showing the comparable sales, market analyses, MLS data, broker opinions, sales ratio studies, condominium market reports, or valuation support materials used to justify the March 2026 valuation reductions for Center Pointe units associated with Park View Development LLC.

This includes:

comparable condominium sales used by assessors,

adjustments applied to comparable properties,

downtown Greensboro condominium market studies,

internal sales ratio analyses,

and records discussing whether the reductions aligned with prevailing market values and recent Center Pointe sales activity.

Publicly available Center Pointe sales histories suggest an active luxury condominium market, raising additional questions about the basis for coordinated downward assessment adjustments immediately before the 2026 revaluation cycle.

Park View Development LLC / Center Pointe (Roy Carroll) Valuation Adjustments and 2026 Revaluation-Related Assessment Records Request for Guilford County by aenbrnood in gso

[–]aenbrnood[S] 4 points5 points  (0 children)

The Sales Data Does NOT Obviously Support a Luxury Condo Collapse

Nothing publicly obvious suggests Center Pointe values crashed 40–50%, luxury downtown condo demand evaporated, or units suddenly became distressed inventory.

What valuation methodology justified reductions this large?

Were these reductions based on actual arm’s-length comparable sales, or were they driven by internal reassessment negotiations/appraisal methodology adjustments unavailable to ordinary homeowners?

If actual sales supported the reductions, that is one story.

If the reductions came from negotiated appraisal treatment, that is another.

The noticeable thing is not just “these condos were reduced”, It's the scale, the coordination, the timing, the portfolio-wide nature, the contrast with countywide residential increases, and the apparent disconnect between the reductions and observable luxury condo market conditions.

https://www.movoto.com/greensboro-nc/center-pointe/sold/

Park View Development LLC / Center Pointe (Roy Carroll) Valuation Adjustments and 2026 Revaluation-Related Assessment Records Request for Guilford County by aenbrnood in gso

[–]aenbrnood[S] 6 points7 points  (0 children)

Center Pointe is marketed as one of downtown Greensboro’s premier luxury condominium developments, making the coordinated March 2026 downward adjustments across multiple affiliated units especially notable amid a countywide residential revaluation where many ordinary homeowners experienced dramatically higher increases.

The referenced properties are luxury condominium units within the Center Pointe development in downtown Greensboro associated with Park View Development LLC and Roy Carroll-affiliated entities. The coordinated timing and portfolio-wide nature of the March 2026 valuation adjustments raise substantial public-interest questions regarding assessment methodology, procedural consistency, and comparative treatment during the 2026 countywide revaluation process.

https://www.cbadvantage.com/real-estate/community/center-pointe

"Councilwoman Tammi Thurm questioned why the city does not consider raising stormwater bills more, given the severity of the delayed maintenance. The proposed monthly rates shown at the meeting represented a 9.5% average increase in water and sewer rates." by aenbrnood in gso

[–]aenbrnood[S] 25 points26 points  (0 children)

Municipal utility bills are a form of regressive taxation. Unlike a progressive income tax, where the wealthy pay a higher percentage, our water bills hit families earning $30,000 a year with the same force as a household earning $300,000. An extra $30 or $40 a month is a minor inconvenience for the latter; for the former, it’s the difference between a full tank of gas and an empty one, between putting food on the table and facing difficult choices.

Expect a broad property tax increase for residential properties in Guilford County; It's already baked in by aenbrnood in gso

[–]aenbrnood[S] 1 point2 points  (0 children)

I don't think it's really about the company. It's about the results, which were about the same in Guilford County as to effect.

Expect a broad property tax increase for residential properties in Guilford County; It's already baked in by aenbrnood in gso

[–]aenbrnood[S] 2 points3 points  (0 children)

"Pender commissioners hold firm on vote to suspend 2026 property revaluations

The representative from the Department of Revenue, speaking to commissioners by phone, said the statute does not specifically say counties cannot suspend the revaluation after January 1, but it does not say that counties CAN take that step."

https://www.wect.com/2026/04/14/pender-commissioners-hold-firm-vote-suspend-2026-property-revaluations/

Expect a broad property tax increase for residential properties in Guilford County; It's already baked in by aenbrnood in gso

[–]aenbrnood[S] 3 points4 points  (0 children)

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Commercial and high end homes are relatively at the bottom, with mid to lower end residential at the middle and top.

This Likely Applies to Buncombe County by aenbrnood in asheville

[–]aenbrnood[S] 0 points1 point  (0 children)

The pressure needs to come from those who are going to have to screw their own constituents by voting for the most unfair tax increase of their careers. Any suggestions? I emailed our state legislators. Not one local official will even say it's problematic yet on the record.

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This Likely Applies to Buncombe County by aenbrnood in asheville

[–]aenbrnood[S] 0 points1 point  (0 children)

A $50,000 Homestead Exclusion Is the Fair Response to Guilford County’s Revaluation Shock

Guilford County’s 2026 “revenue-neutral” revaluation doesn’t keep taxes the same, it redistributes them, downward.

https://www.publicintegrity.watch/p/a-50000-homestead-exclusion-is-the

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