HomeMy WebLinkAbout20111953.tiff 0 CLERK TO THE BOARD
PHONE (970) 336-7215, Ext. 4226
FAX: (970) 352-0242
1150 O STREET
P. O. BOX 758
' GREELEY, COLORADO 80632
C.
COLORADO
August 26, 2011
FULCO FAMILY TRUST
207 ELBROOK DRIVE
NATRONA HEIGHTS, PA 15065
RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
DESCRIPTION OF PROPERTY: ACCOUNT#: R1773802 PARCEL#: 146733304003-ERI 1LVR
L3 BLK2 VISTA RIDGE FG 1L
Dear Petitioner:
On July 26, 2011,the Board of County Commissioners of Weld County, Colorado, convened,
and acting as the Board of Equalization, pursuant to Section 39-8-101, C.R.S., et.seq., considered
the Stipulation on your petition of appeal of the County Assessor's valuation of your property
described above, for the year 2011.
The Stipulation was entered into between the Assessor and said petitioner(s),and accepted
by the Board of Equalization, agreeing that the assessment and valuation of the Weld County
Assessor be Stipulated as follows:
ACTUAL VALUE AS ACTUAL VALUE
DETERMINED BY AS STIPULATED
ASSESSOR
$282,384 $275,000
ee,'A°4 T(/eier) 5-fie -ac// 20AS1953
FULCO FAMILY TRUST - R1773802
Page 2
If you have questions or need additional information, please do not hesitate to contact me at
(970) 336-7215, Extension 4226.
Very truly yours,
Esther E. Gesick
Deputy Clerk to the Board
cc: Christopher Woodruff, Assessor
2011-1953
AS0079
2011
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R1773802
STIPULATION (As To Tax Year 2011 Actual Value)
RE PETITION OF :
NAME: FULCO FAMILY TRUST
ADDRESS: 207 ELBROOK DRIVE
NATRONA HEIGHTS, PA 15085
• • • M • • f
Petitioner(s),FULCQ FAMILY TRUST and the Weld County Assessor,hereby enter
Into this Stipulation regarding the tax year 2011 valuation of the subject property, and
jointly move that the Board of Equalization to enter its order based on this Stipulation.
Petitioner(s)and the Assessor agree and stipulate as follows:
1. The property subs to this Stipulation Is described as:
ERI 1LVR L3 BLK2 VISTA RIDGE FG 1L
2. The subject property is classified as Residential property,
3. The County Assessor o inally assigned the following actual value to the subject
property for tax year 2011.
nd
lmprprovements$ Z�
l
4. After further review and negotiation,the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ : err
Improvements$ Z'.=
Total $ Z75.000
2011-1953
I
I
5. The valuations,as established abgve,shall be binding only with respect to tax
year 2011.
6. Brief narrative as to why the reduction was made:Value was adiusted based
upon the general market orices oer so.ft.that were in Sage in the base period,
additionally the income was considered as backup for the markets
7. A hearing has not yet been ached&led before the Board of Equalization.
DATED this 18 day of July,2011..P114-)Nout-CPetitioner(s)or A ul
O'l_2o-20 t,( Pettioner(s)or Attorney
-
Address: Adiress:
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Telephone: �1 u1.-22'k ')Li 4 Telephone:
Cou le
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3 6
NOTICE OF DETERMINATION
Christopher M. Woodruff Date of Notice: 6/22/2011
Weld County Assessor Telephone: (970) 353-3845 or (720) 652-4255
1400 N 17th Ave Fax: (970) 304-6433
Greeley, CO 80631 E-mail: appeals@co.weld.co.us
www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM
SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/
PHYSICAL LOCATION
RI773802 2011 3520 ERI 1LVR L3 BLK2 VISTA RIDGE FG 1L
2699 FORSYTHIA CT, ERIE
= FULC0 FAMILY TRUST
3 207 ELBROOK DRIVE
r NATRONA HEIGHTS, PA 15065
a
O
a
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
RESIDENTIAL 313,005 282,384
TOTAL $313,005 $282,384
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based
on the following:
AL02- The actual valuation of your property has been adjusted based on new information. This
may be information you have supplied, corrections of characteristics or additional sales which
we have uncovered during the appeals process.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The deadline for filing personal property appeals is July 20.
The Assessor establishes property values. The local taxing authorities (county, school district,
city, fire protection, and other special districts) set mill levies. The mill levy requested by each
taxing authority is based on a projected budget and the property tax revenue required to
adequately fund the services it provides to its taxpayers. The local taxing authorities hold
budget hearings in the fall. If you are concerned about mill levies, we recommend that you
attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a
listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from July 1 through August 5
at 915 10th Street, Greeley, CO
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization
shown below, and mail or deliver a copy of both sides of this form to:
Weld County Board of Equalization
915 10th Street, P.O. Box 758
Greeley, CO 80632
Telephone (970) 356-4000 Ext, 4225
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property and on or before July 20 for
personal property—after such date, your right to appeal is lost. You may be required to prove
that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with
proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a written decision to you within five business days following the date of
the decision. The County Board of Equalization must conclude hearings and render decisions
by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of
Equalization and you wish to continue your appeal, you must file an appeal with the Board of
Assessment Appeals by September 12, § 39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue
your appeal, you must appeal within 30 days of the date of the County Board's written decision
to ONE of the following:
Board of Assessment Appeals District Court
1313 Sherman Street, Room 315 9th Avenue and 9th Street
Denver, CO 80203 P.O. Box C
(303) 866-5880 Greeley, Colorado 80632
www.dola.colorado.gov/baa (970) 356-4000 Ext. 4520
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County
Board of Equalization.
If the date for filing any report, schedule, claim, tax return, statement, remittance, or other
document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been
timely filed if filed on the next business day, § 39-1-120(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2010? (Your opinion of value in terms of
a specific dollar amount is required for real property pursuant to § 39-8-106( C.R.S.)
$ IS. <. �-One
What is the basis for your estimate of value or you? reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll,
on final in led_aost, aP�-etc.) --- - — ----
-)rsv 5 ° -Sat-e or P,+€e.a I'lb7 533 v4,c StlawLi A> DotaE'4-I/ t.(atext 1ix.c Puno;�
tin° WA: u",-e7, tt
v ', €IN, CA) ,.,q,�,L,O, O` F&c a v..Aat VA UAL'torif2$Z,3Btt.
In ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statemen>s coptained
e ein and on any attachments hereto are true and complete. 'On-- 2
D Q --)- cco r1Zct-22v—baby 1 #112-011
Signature 7?l .'. I giwke,e� Telephone Number Date
6 1
15-DPT-AR
PR 207-08/11
R1773802 13392
' Attach letter of authorization signed by property owner.
July 12, 2011
Weld County Board of Equalization
915 10th Street
P.O. Box 758
Greeley, Colorado 80632
SUBJECT: Appeal of Assessed Value of Parcel Number 1467-33-3-04-003
2699 Forsythia Crt Erie, CO 80516
I misunderstood how Fair Market Value was determined, thinking that it was calculated
by taking the average of the Adjusted Sales Prices of Comparables. In a discussion with
Mr. Chris Woodruf, he enlightened me that this was not the case.
However, we would still like to appeal the Value of$282,384. For the following reasons:
1. Land value shown as $75,000. Vs. $60,000. For Comparables. This is a 25%
differential. I have been told this is due to " sits on Golf Course". In fact,the
property abuts the Golf Course with fencing and 25-50 yds of weeds between the fence
and the course. There is no direct access to the course. We believe this value is much too
high. Perhaps a 10%adder to $60,000. Or$66,000. for land is more realistic.
2. Comparable#2 has 4 baths vs. 3 in the subject property.
3. Comparable#2 as built sq. ft. is 1936 vs. 1890 for the subject property.
4. Comparable#2 has a finished Basement. Subject basement is unfinished.
5. Comparable#2 is assessed at$272,024.
6. Comparable#3 as built sq. ft is 2004 vs. 1890 for the subject property.
7. Comparable#3 has a finished Basement. Subject basement Is unfinished.
.8. Comparable#3 is assessed at$273,612.
9. Subject property was appraised at$280,000. In May of 2009. Generally,
housing prices have been on the decline, suggesting that the value would be
somewhat less than the .$280,000 of May 2009 in today's market.
We believe that a Fair Market value of$273,384. would be appropriate. This is based on
the proposed change of Land value to $66,000. added to the Building Value of$207,384.
Respectfully
a- ate O'T- lZ � Zell
Leonard J Fulco Mary Lo ulco,
Trustees to the Fulco Family Trust Dated May 10, 2001.
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