CJ has the details on the just gosh-darn amazing luck of Jim Black.
The unbuildable scrub land in Matthews off of Rice Rd. which prosecutors and a judge — to their everlasting shame — accepted as worth $500K (in order to settle Black’s $1m. criminal fine for being a rat-bastard who got caught) is now worth all of $143K according to Mecklenburg’s 2011 reval. That’s down 3.4 percent from 2003. Or in the opposite direction of a mystery appraisal the court accepted at $600K.
Meanwhile, Black’s commerical parcels in Downtown Matthews are looking newly spiffed up. What a lucky guy!
