HomeMy WebLinkAbout20052294.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2005, WELD COUNTY, COLORADO - STIPULATE
PETITION OF:
GRIMALDO JOHN R & LORI KAREN
420 BOBCAT DR
MILLIKEN, CO 80543
DESCRIPTION OF PROPERTY: ACCOUNT#: R6996898 PARCEL#: 105915401020- MIL
WA L20 WILDCAT ACRES SITUS: 420 BOBCAT DR MILLIKEN 805430000
WHEREAS,the Board of County Commissioners of Weld County, Colorado, convened as
the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the
assessment and valuation of real and personal property within Weld County,fixed and made by the
County Assessor for the year 2005, and
WHEREAS, said petition has been heard before the County Assessor and due Notice of
Determination thereon has been given to the taxpayer(s), and
WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's
valuation for the year 2005,claiming that the property described in such petition was assessed too
high, as more specifically stated in said petition, and
WHEREAS,in lieu of the hearing scheduled before the Board of Equalization a Stipulation
was agreed upon by the Assessor and said petitioner(s), and
WHEREAS,the petitioner(s)and the Weld County Assessor agree that the assessment and
valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows:
ACTUAL VALUE
AS DETERMINED ACTUAL VALUE
BY ASSESSOR AS STIPULATED
Land $ 72,000 $ 72,000
Improvements OR
Personal Property 137,000 133,000
TOTAL $ 209,000 $ 205,000
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
2005-2294
AS0061
RE: BOE - GRIMALDO JOHN R & LORI KAREN, R6996898
Page 2
NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County
Assessor and the above-named petitioner(s) be, and hereby is, accepted by the Board.
The above and foregoing Resolution was,on motion duly made and seconded,adopted by
the following vote on the 5th day of August, 2005.
oisam% BOARD OF COUNTY COMMISSIONERS
,f \ j . / % WELD COUNTY, COLORADO
t, eztet
4/24
( -i : _ William H. Jerke, Chair
'' Clerk to the Board
‘I 1 EXCUSED
•� M. J. Geile, Pro-Tern
Deputy Clerk lithe Board EXCUSED
APP/ 2 AS TO FDRM`
Dav' E. Lon
- \KO_
Robed,21 D. Masd n
�ssistafif County Attorney -elUP /44
Glenn Vaad ---
Date of signature: 0/--c6L��
2005-2294
AS0061
07/21/2005 15: 32 9706637073 LVLD. HOUSING AUTH.
PAGE 03
2005
•
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER 6996
atm
STIPULATION (As To Tax Year 2_Actual Value)
RE PETITION OF
NAME: Grimaldo, John R. & Lori, Karen
ADDRESS: 420 Bobcat Dr.
Milliken, Colo. 80543
•Px
x * x
enter intoefh s Stipulationmregardingldo s Land the Weld CountyAssessor, hereby
and jointly move that the Board of Equalization to enter Its order based on thir 2005 valuation of the s Stict pulation.
Petitioner(s) and the Assessor agree and stipulate as follows:
1. The property subject to this Stipulation Is described as:
MIL WA L0 Wilde Acres (Legal description)
2. The subject property is classified as sidential
property. (what type).
•
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 005. 1
Land $,_12420_
Improvement $1
37 po
Total $ 209,000
4. After further review and negotiation,the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 72,000
Improvements$ ageg
Total $ 20S000
2005-2294
zooz.
NOSS366V clam tVa 6T:Ti 5o/TL/L0
07/21/2005 15: 32 9706637073 LVLD. HOUSING AUTH.
PAGE 04
5. The:valuations, as established above, shall be binding only with respect to tax
year az.
6, Brief narrative as to why the reduction was made: Pulled additional
comps and adjusted to market grid rat 07/Y1/05
7. Both parties agree that the hearing scheduled before the Weld County Board of
Equalization on 8/82 at 11:30pm bey ed; or, a hearing has not yet
been schedule bed --fore the ?oar onqualization ,x
appropriate). (check If
DATED this 214t day of July, 2005.
/ Or/
Petitloner(s) or Attorney
rhtioner(6 or Attomey
Address: 2
Address:
1 tl
Telephone: 9 O i 8 Telephone:
71");///*
U s sor
Address:
1400 N.17th Avenue
Greeley, CO 80831
•
(970) 353-3845 ext. 3656
•
•
coop
aossassv (MA X*d3 PT:b7 ^.0/TS/LO
NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
M
!4ti MIL WA L20 WILDCAT ACRES c4Y,cos3651
SITUS : 420 BOBCAT DR MILLIKEN PHONE(970)353-3853-3845,EXT.3650
805430000 www.co.weld.co.us
wokOWNER: GRIMALDO JOHN R & LORI KAREN
COLORADO •
GRIMALDO JOHN R & LORI KAREN LOG 8
420 BOBCAT DR PARCEL 105915401020
ACCOUNT R6996898
MILLIKEN, CO 80543 YEAR 2005
The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor ha6,cletermi,ned that
your property should be included in the following category(ies):
Residential property - The property is valued by the market
approach to value .
If your concern is the amount of your property tax,local taxing authorities(county,city,fire protection,and other special districts)hold budget
hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts,and plan to attend these budget hearings.
. t
The Assessor has carefully studied all available information,giving particular attention to the specifics included on your protest,and has determined the
valuation(s)assigned to your property. The reasons for this determination of value are:
The value of your property was adjusted to reflect the market price paid during
the base eriod of January 1, 2003 to June 30, 2004 . This value is then time
adjusted to June 30, 2004 . This time adjustment may show a higher value for
tour property than you actually paid if the market was continuing to go up over
hat period of time .
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
RESIDENTIAL 237797 209000
TOTALS $ $ 237797 209000
APPEAL DEADLINES: REAL PROPERTY-JULY 15,PERSONAL PROPERTY-JULY 20.
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-
I06(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal.
By: Stanley F. Sessions 06/22/2005
WELD COUNTY ASSESSOR DATE
ADDITIONAL INFORMATION ON REVERSE SIDE
PR-207-87/03
YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR' S DECISION
The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real
property (land and buildings) and personal property (furnishings, machinery, and equipment). § 39-8-104 and § 39-
8-107(2), C.R.S.
APPEAL PROCEDURES:
If you choose to appeal the Assessor' s decision, mail or deliver one copy of this completed form to the County
Board of Equalization. To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED
ON OR BEFORE JULY 15 FOR REAL PROPERTY, AND JULY 20 FOR PERSONAL PROPERTY.
WELD COUNTY BOARD OF EQUALIZATION
915 10th Street, P.O. Box 758
Greeley, Colorado 80632
Telephone (970)356-4000 Ext. 4225
NOTIFICATION OF HEARING:
You will be notified of the time and place set for the hearing of your appeal.
COUNTY BOARD OF EQUALIZATION' S DETERMINATION:
The County Board of Equalization must make a decision on your appeal and mail you a determination within five
business days of that decision. The County Board must conclude its hearings and render decisions by August 5.
TAXPAYER RIGHTS FOR FURTHER APPEALS:
If you are not satisfied with the County Board of Equalization' s decision you must file within thirty days of the
County Board of Equalization' s written decision with ONE of the following:
Board of Assessment Appeals (BAA):
Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303)866-5880.
www.dola.colorado.gov/baa
District Court:
9th Avenue and 9th Street, P.O. Box C
• Greeley, Colorado 80632
Telephone (970) 356-4000, Ext. 4520
Arbitration:
WELD COUNTY BOARD OF EQUALIZATION
915 10th Street, P.O. Box 758
Greeley, Colorado 80632
Telephone (970) 356-4000, Ext. 4225
If you do not receive a determination from the County Board of Equalization, you must file an appeal with the
Board of Assessment Appeals by September 12.
TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY
APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF
OF MAILING.
PETITION TO THE COUNTY BOARD OF EQUALIZATION
In the space below, please explain why you disagree with the Assessor' s valuation. IN ACCORDANCE WITH §
39-8-106(1.5), C.R.S., IF YOUR APPEAL INVOLVES REAL PROPERTY, YOU MUST STATE YOUR
OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as
necessary. pi pto e~.J i,„/ t y sub ch vs,e.rJ " icry c.wp.a% .e .6 knit
4 '%4 ye I'-L cc1-.11 SZ, SoO gdcIEss Is PuM4 ID&We
A !so, -4-\. o�sir; c.,t -_4.\1 5 9 I o+ . F,,,I4 I I 1 It O lc Q,
3 id T�.Les 11,1 so ILL, Kew . you x, rtss ess-r -..,,f4 IL s 4. l.L n
SIGN IU OF PEI 191ONER DAT
PR-207-87/03
.wry 8-21,2OOo
i. s Greeley home appreciation
PP
flattened out in first quarter
I Fort Collins, Loveland
not far behind with low The bottom 15
1
price-appreciation rates These metropolitan areas had the slowest rates of
r Y- home-price appreciation during the past year,
according to a federal study.The second percent-
A key measure of the national residen- age figure represents growth ordecline during the
tial real estate market,one that's been so quarter ending March 31.
kind to Northern Colorado in the past PLACE
decade,is showing us now what lots of RANK 1-year 1st-quarter
homeowners and brokers already know: growth growth
The era of big profit taking is over,at teas 4
Anderson,Ind. 252 2.82 0,48
for now.
Greeley 253 2.68 016
The study was issued last month by a
Burlington,N.C. 254 2.63 0.46
, federal agency that mines tons of data Mobile,Ala. 255 2.32 -1.31
from government-sponsored mortgage Wichita,Kan. 256 2.30 027
giants Fannie Mae and Freddie Mac to Hickory
track appreciation rates. -Morganton,N.C. 257 225 0.93
The conclusion -- Austin,Texas 256 196 -0.12
Communities in Mansfield.Ohio 259 1.90 0.87
Northern Colorado, Tulsa,Okla. 260 1.81 013
especially Greeley,are Macon,Ga. 261 116 -1.17
seeing signs the bub- • Sioux City,Iowa 262 1.65 -0.28
i ble is leaking,if not , 1 � Kokomo,Ind. 263 1.62 -1.73
bursting. 1,0, . Lafayette,Ind. 264 1.51 -0.16
For example, - . Youngstown,Ohio 265- 0.85 -017
' house prices in Gree-
ley fattened by 31 an
percent over the past REAL ESTATE SOURCE:OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT
five years,but in the
first quarter of this Tom Hacker 30 percent.
year they flattened— "The fact we've been so fiat here is
eking out a gain of slightly more than a almost a blessing,"he said."On the coasts,
' tenth of a percentage point. it's a case of rampant appreciation fueled by
In fact,out of 265 markets studied speculation.Somebody who bought a house
nationwide,Greeley ranked 253rd in terms in Florida or Washington D.C.last year is
of home-price growth.That left just 12 going to find himself in trouble,I think."
communities nationwide in worse shape. The U.S.Census Bureau's eight-state
Why?Simple.Too many sellers,not Mountain Division most closely mirrored
enough buyers. the national average price increase for the
"I certainly don't argue with that statistic," year,with a 12.96 percent appreciation
said Bruce Willis,managing broker of Austin rate.But in Colorado,the climate was
&Austin Real Estate Inc of Greeky,the city's chillier.A statewide appreciation rate of
second-largest residential brokerage. 4.75 percent ranked Colorado No.47,with
"In fact,I'd say that prices on existing only Ohio,Oklahoma,Indiana and Texas
homes today are right around where they trailing behind.
were in 2003." Willis said he was not concerned the
Brokers from throughout the region are slide in regional appreciation rates would
reporting the same thing:High homeown- turn into a full-scale price bust.
er expectations need to be knocked down, "It could take a while,but I think that
and patience has to be the rule as homes, in a year or so we'll get back in balance,"
especially in the resale category,languish Willis said."Our economy is going to turn
on the market for months instead of around,and interest rates are staying low,
weeks. even with increases by the Fed."
The slide is less precipitous in the Fort
Collins-Loveland residential market—but News editor Tom Hacker covers real
only slightly so—with the cities posting a estate for the Northern Colorado Business
No.207 national ranking.For the year, Report.He can be reached at(970)221-
prices in the Fort Collins-Loveland market 5400,ext.223; (970)356-1683,ext.223, or
rose 4.67 percent. at thacker@ncbr.com.
The declining rates in appreciation are
bucking a national trend toward higher
home prices,according to the study pub-
lished by the Office of Federal Housing The top five
Enterprise Oversight.
On average,U.S.home prices rose 12.5 The fastest-appreciating home prices are on the
i percent from the first quarter of 2004 coasts,mostly,with additional strong showings in
through the first quarter of this year. Nevada.Eighteen cities in California and Florida
"There are a number of likely reasons were among the top 20.
for the sustained,rapid price increases,"
the agency's chief economist,Patrick PLACE RANK 1-year 1st-quarter
i Lawler,said in a statement with the report. growth growth
Factors fueling the rise include"low inter- Bakersfield,Calif. 1 33.67 5.52
est rates,income growth and the apparent Las Vegas,Nev. 2 3325 2.88
impact of speculation in some real estate Reno,Nev. 3 31.78 4.39
markets,"Lawler said. Visalia,Calif. 4 31.60 6.18
Willis said he would rather have Greeley's Melbourne
low anoreciation rates that nnerate in rhP -Titusville,Fla. 5 3111 7.78
1
0 CLERK TO THE BOARD
�c J PHONE (970) 356-4000 EXT 4217
FAX: (970)
.weld. o.us
242
WEBSITE: www.co.weld.co.us
915 10TH STREET
iggipP.O. BOX 758
GREELEY, COLORADO 80632
C.
COLORADO
July 19, 2005
GRIMALDO JOHN R & LORI KAREN
420 BOBCAT DR
MILLIKEN CO 80543
Parcel No.: 105915401020 Account No.: R6996898
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 2, 2005, at or about the hour of
11:30 AM,to hold a hearing on your valuation for assessment. This hearing will be held at the Weld
County Department of Planning Services, Conference Room, 918 10th Street, Greeley,
Colorado.
You have a right to attend this hearing and present evidence in support of your petition. The Weld
County Assessor or his designee will be present. The Board will make its decision on the basis of
the record made at the aforementioned hearing, as well as your petition, so it would be in your
interest to have a representative present. If you plan to be represented by an agent or an attorney
at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office,
an authorization for the agent or attorney to represent you. If you do not choose to attend this
hearing,a decision will still be made by the Board by the close of business on August 5,2005,and
mailed to you on or before August 12, 2005.
Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15
minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide
evidence to support your position. This may include evidence that similar homes in your area are
valued less than yours or you are being assessed on improvements you do not have. Please note:
The fact that your valuation has increased cannot be your sole basis of appeal. Without
documented evidence as indicated above, the Board will have no choice but to deny your appeal.
If you wish to obtain the data supporting the Assessor's valuation of your property, please request
it directly from the Assessor's Office by fax (970) 304-6433, or by calling (970) 353-3845. Upon
receipt of your request, the Assessor will notify you of the estimated cost of providing such
information. Payment must be made prior to the Assessor providing such information.
4 1
GRIMALDO JOHN R & LORI KAREN - R6996898
Page 2
Please advise me if you decide not to keep your appointment as scheduled. If you need any
additional information, please call me at your convenience.
Very truly yours,
BOARD OF EQUALIZATION
��/�/iitetDonald D. Warden
Clerk to the Board
cc: Stanley Sessions, Assessor
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