HomeMy WebLinkAbout20101595.tiff 0 CLERK TO THE BOARD
PHONE (970) 356-4000 EXT 4226
FAX: (970)
915 10TH STREET
P.O. BOX 758
GREELEY, COLORADO 80632
11111
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COLORADO
July 19, 2010
KENNETH DYER
2300 51 AVE
GREELEY CO 80634
Account No.: R2526686
Dear Petitioner(s):
Based upon information furnished to the Weld County Board of Equalization, we understand that
you have withdrawn the petition challenging the valuation of the above Account number.
Please be informed that a withdrawn petition precludes any further challenge to the valuation of
the above Account number for this assessment period. Therefore, the Board of Equalization
took no action on your petition and the assessed value remains as set by the Assessor.
Very truly yours,
BOARD OF EQUALIZATION
Esther E. Gesick
Deputy Clerk to the Board
cc: Christopher Woodruff, Assessor
de.:eh'/ P Tfielk 2010-1595
�S�L'Ourf`IP% ' die o�DM AS0076
REAL AND PERSONAL PROPERTY
NOTICE OF DETERMINATION
Christopher M. Woodruff Date of Notice: 6/22/2010
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
R2526686 2010 0600 GR HH6-5 L5 REPLAT BLK6 HIGHLAND
HILLS
2300 51 AV
z DYER KENNETH W& GREELEY,CO
2300 51 AVE
GREELEY, CO 80634
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ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR
PROPERTY CLASSIFICATION TO ACTUAL VALUE AFTER
REVIEW REVIEW
RESIDENTIAL 256,879 219,828
TOTAL $256,879 S219,828
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. G
Please refer to the reverse side of this notice for additional information.c.,_.
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15-DPT-AR
2010-1595 PR 207-08/08
NOD 8 8399
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 10T" Street, P.O. Box 758
Greeley, Colorado 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 11.
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 9 Avenue end 9`" Street, P.O. Box C
Denver, CO 80203 Greeley, Colorado 80632
(303) 866-5880 Telephone (970) 356-4000 Ext. 4520
www,dola.coloredo.govlbaa
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, s+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, 2008? (Your opinion of value in
terms of a specific dollar amount is required for real proper pursuant to § 39-8-106(1.5), C.R.S.)
What is the basis for your estimate of value or your reason for requesting a review? (Please
attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent
roll, original installed cost,
/3�C,-, appraisal, etc.)
errs/ in /if l/ %&✓.
ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements
co fined er n a on any attachments hereto are true and complete.
�,i, f,� O��� Syr --3977'/v Zo/9
ignature leph ne Number Date
' Attach letter of authorization signed by property owner.
15-OPT-AR
PR 207-08/08
NOD#.8399
July 10, 2010
Weld County Board of Equalization
P.O. Box 758
Greeley, CO 80632
Dear Weld County Board of Equalization:
I am writing to appeal the real property value given by the Weld County Assessor. The property
information is as follows:
Kenneth W. and Angela D. Dyer
2300 51st Avenue
Greeley,CO 80634
Account Number R2526686
Parcel Number 095915114001.
We originally purchased this property 6-14-2006 for $206,000. I realize that this is outside of the
valuation window required by the Weld County Assessor; however, I do have supporting documentation
of actual home sales in our area that support and adjustment to the valuation. Since the date of
purchase our property has not increased in value, rather the value had depreciated. As mentioned in
my letter to the Weld County Assessor, I conservatively estimate that our value had depreciated 13%
from the original purchase price of$206,000. I would value our property at$180,000.
There have been several properties in our area that have sold since we purchased our home. Many of
these home sales have been more recent, but I did find two within the 18 month valuation window. The
first property sold 4-17-2007 for$163,000. This property is located at 2300 50th Avenue and is one block
from our property. The parcel number for this property is 095915115001. The second property is
located at 5007 21g Street and is two blocks from our property. The parcel number for this second
property is 095915107007. Both of these properties are very similar in size and style to our home and
both sold recently for less than what we originally paid in June of 2006.
This has been a very rough economy, especially in the housing market. Please consider this letter of
appeal and I ask you to adjust the value of our property to $180,000. Your kind consideration is greatly
appreciated.
Yourstr ly,
/1(1-6?" dakfr
Kenneth W. Dyer
(970) 590-3971
Ken Dyer
To: appeals@co.weld.co.us
Cc: 'Ken Dyer
Subject: Property Value Appeal
Attachments: RealPropertyQuestionnaire.pdf; RealPropertyQuestionnaire.pdf
Date: May 6, 2010
To: Weld County Assessor
1400 North 17th Avenue
Greeley,CO 80631
From: Kenneth W. and Angela D. Dyer
2300 51st Avenue
Greeley,CO 80634
Phone: (970)590-3971
Acct# R2526686
Parcel# 095915114001
I am writing to appeal the property value for the above named property. We purchased this property 6-14-2006 for
$206,000. Since the purchase date,our property value has dramatically decreased not increased. I conservatively
estimate that our value has depreciated 13%from our original purchase price. This values our property at$180,000. I
realize that the purchase date is not within the required 18 month window; however, I have documentation of other
property sales in our area that support a reduction in our property value.
The first property sold 4-10-2007 for$163,000. This property is located at 2300 50th Avenue and is one block from our
property. The parcel number for this property is 095915115001. The second property sold 10-16-2007 for$200,000.
This property is located at 5007 215`Street and is approximately two blocks from our property. The parcel number for
the second property is 095915107007.
I have accounted for differences in these two properties and our property and estimate our value at$180,000. I have
filled out the "Real Property Questionnaire"and have attached this documentation as a pdf file. As a result of the
supplied information, I feel there is ample documentation supporting our appeal of property value.
Yours truly,
Ken Dyer
Cornerstone Financial Strategies
(970) 590-3971
1
Account Number Z'IL/,L,S'(P Parcel Number Q959/5//yl1U/
Owner Name F[nn e/A /t). 4nd dry./4 D.
REAL PROPERTY QUESTIONNAIRE
Attach additional documents as necessary.
MARKET APPROACH
This approach to value uses comparable sales from the appropriate time period to determine the actual value of
your property. The following items, if known, will help you estimate the market value of your property. If
available,attach a copy of any appraisal or written estimate of value.
Have similar properties in your immediate neighborhood sold within the 18-month data gathering period?
DATE SOLD PROPERTY ADDRESS SELLING PRICE
y'/D-244 Z3t7o Par1e/#!,9.'19/5//500/ % Ng, MO
ft) -11,-20n7 5o0 7 7.11 Cj Araz/Atn9s9/5707m, /204 0OO
Based on these sales and accounting for differences between sold properties and your property, state the value
of your property. $12/1.3 20E)
COST APPROACH
(For Non-Residential Properties Only)
This approach to value uses replacement construction costs from the appropriate time period to determine the
value of your property. The following items, if known, will help you estimate the replacement cost of your
property.
ORIGINAL
YEAR BUILT BUILDER CONSTRUCTION COST
List all changes made to your property prior to January 1 of the current year, i.e., remodeling of storefront
expansion of storage area;addition to parking, service or manufacturing area.
DATE DESCRIPTION OF CHANGE COST
Is your structure in typical condition for Its age? If not,why?
Based on the replacement cost of construction and of any changes, including depredation, state the total value
of your property. $
INCOME APPROACH
(For Non-Residential Properties Only)
This approach to value converts economic net income from the appropriate time period into present worth.
If the property was rented or leased, attach operating statements showing rental and expense amounts for this
property.
Indicate square foot rental rate for all tenants. (Attach rent and lease schedule)
If known,list rents of comparable properties.
If available,attach operating statements showing rental and expense amounts for comparable properties.
If an appraisal using the income approach was conducted, please attach.
FINAL ESTIMATE OF VALUE
State your final estimate of the property's value. $ /re/Di)t)
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