Building Summary

Data last updated on: 7/4/2024     Ownership current as of: 6/27/2024     Tax Year: 2024
REID 108325

PIN # 0821-16-4090

Location Address Property Description
1919 MOREHEAD AVE PROP-HOUSE LAND/LT#09 N 1 /2 PL:00003B-000193
   
Property Owner Owner's Mailing Address
OR MOREHEAD QUAD LLC
344 OXFORDSHIRE LN
CHAPEL HILL NC 27517
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Building Location Address
1919 MOREHEAD AVE
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Building Details

Building Name APARTMENT GARDEN MASONRY
Primary Occupancy Type COMMERCIAL
Primary Occupancy 01M-APT-GARDEN-MASON
Primary Class H1M
Primary Quality C
Year Built 1961
Effective Year 1961
Physical Depreciation (Rating) CGW-CDU PERCENTAGE
Physical Depreciation (% Bad) 43.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 3360
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Depreciation 43%
Depreciation CGW-CDU PERCENTAGE
Class H1M
Quality C
Exterior Walls N/A-EXT-WALL
Occupancy 01M-APT-GARDEN-MASON
Heat 11-UN-WALL-HEAT-COM
Building Total & Improvement Details

Total Adjusted Replacement Cost New $379,697
Physical Depreciation (% Bad) CGW-CDU PERCENTAGE 43.00
Depreciated Value $216,427
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $216,427
Market Area Factor 1.85
Building Value $399,057
Misc Improvements Value $1,328
Total Improvement Value $400,385

Assessed Land Value $50,000
   
Assessed Total Value $450,385


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 76
1.00 Balcony Commercial 42 76
1.00 Balcony Commercial 42 76
2.00 Canopy Commercial 41 252
1.00 Canopy Commercial 41 76
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
1609 SIZE Asphalt Paving 1961 75 1328
 


Building Sketch
Photograph
Building Sketch Building Photo
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