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HomeMy WebLinkAbout850129.tiff x.14 max p. •mold & associates, inc. 222 milwaukee street, suite 400 denver, colo. 80206 Thomas A.Arnold,Associate Max D.Arnold,F.A.SA.,President303/355-3547 Lenny R.Arnold,A••ocl•t• Wall L ) �'( 1 TO: County Assessors OCT 1988 ' t FROM: Max P. Arnold & Associates GR Lf E, EY, Co LO SUBJECT: 1985 Audit DATE: 10 October 1985 Enclosed is a copy of this year' s audit report for your county. We would like to express our appreciation and thanks for the excellent cooperation and efforts extended by each county assessor and their staff . The taxpayers of this state are indeed fortunate, in that Colorado presently has one of the finest property tax systems in the nation due to the efforts of it' s assessing officers. cc: County Commissioners appraisers and consultants in valuation g�3`1 j I m {io/i4J} N F ; #fig': , te x x. r �x' FINAL REPORT 't:1,, '-'s 4, i tk 0 V. 4 1985 COMPLIANCE AUDIT f; ,. .,, WELD COUNTY r w a ,,, 1 -•4 5W. Y'� ,,l J , .ti yip k $ sni4 max p. arnold &associates, inc. 222 milwaukee street, suite 400 Max P.Amok!,F.A.S.A.,President denver, colo. 80206 Thomas A.Arnold Associate 303/355-3547 Lamm R.Arnold,Associate September 24 , 1985 Mr. Lyle Kyle Director, Colorado Legislative Council Staff State Capitol Building, Room 46 Denver, CO 80202 RE : Weld County Dear Lyle : This report , in addition to this year' s 1% audit, the abstract analysis and 1985 reappraisal progress report, contains the State Board of Equalization' s orders and the reappraisal plan submitted by the county. In accordance with our contract , the purpose of this year' s 1% audit was to determine : ( 1) whether those counties who complied under last year' s audit had maintained that compliance in 1985 ; ( 2) whether those counties under reappraisal order to comply had, in fact, complied. 1985 Audit In order to make the determination as to whether counties had maintained compliance, our staff collected 1% of the improved and unimproved residential, commercial and industrial properties and 2% of the agricultural accounts in each county and compared the 1984 and 1985 assessed valuation for those accounts . In conjunction with the 1% audit, we conducted an analysis of the 1984 and 1985 abstracts as submitted by each county to determine any significant changes in overall valuations . 1985 Reappraisal Weld County was ordered by the State Board of Equalization to reappraise commercial property during 1985 . appraisers and consultants in valuation Mr. Lyle Kyle September 24 , 1985 Page 2 Conclusion In order to determine whether Weld County complied with the State Board of Equalization ' s orders, Max P. Arnold & Associates completed a field appraisal sampling of 40 properties . As a result of this sampling and the 1% audit, it is our opinion that Weld County has complied with the State Board ' s orders and the Assessor and his staff must be commended for their efforts . This year our 1% study indicates that Weld County, in addition to satisfying the orders of the State Board of Equalization, has maintained overall compliance with the requirements of the constitution and statutes of Colorado, except for agricultural dry land. This year' s 1% audit of Weld County' s agricultural property shows that the county is using an economic obsolescence factor of 25% on dry land. In our opinion this factor is improper. Further, our analysis finds that because Weld County has maintained compliance with the state constitutional and statutory requirements with the noted exception, the 1985 aggregate valuation of the county as contained in the county' s abstract submitted to the SBE on September 12, 1985 would be within 5% of any aggregate valuation determined by the study. As required by our contract, we also conducted interviews to determine the progress of each county in preparing for the movement to the 1985 levels of value for the 1987 tax year. Very truly yours , MAX P. ARNOLD & ASSOCIATES , INC . Max P. Arnold, F.A. S .A. President max p. arnold & associates, inc. BEFORE THE STATE BOARD OF EQUALIZATION , STATE OF COLORADO ORDER of REAPPRAISAL WELD COUNTY On October 23 , 1984 , the State Board of Equalization ( state board ) convened in the Old Supreme Court Chambers , State Capitol , Denver , Colorado , to review the findings and recommendations set forth in the valuation for assessment study conducted by Max P . Arnold and Associates , Inc . pursuant to 39 -1 -104 ( 16 ) (x ) , C .R .S . , affecting Weld County . The following members of the state board were present : Kenneth D . Smith , Chairman ; Ted L . Strickland , President of the Senate ; and Carl B . "Bev" Bledsoe , Speaker of the House . The members set forth above by unanimous vote made the within findings and order . Due notice had previously been given to the public , the board of county commissioners and the county assessor . The study of Max P . Arnold and Associates , Inc . disclosed that Weld County had failed to reappraise commercial properties to the extent of meeting the objections of the state board . In 1983 , the state board had directed Weld County to reappraise residential property , commercial property , agricultural land , and mobile homes . Mr . Herb Hansen , Weld County Assessor , appeared and testified that he did not have sufficient staff to complete the reappraisal effort . After considering all of the evidence , the state board found and concluded that Weld County was duly issued an order to reappraise residential property , commercial property , agricultural property , and mobile homes in 1983 . The state board further found that Weld County ' s efforts in reappraising commercial property did not meet the objections of the state board . The state board then concluded that the findings and recommendations of Max P . Arnold and Associates , Inc . , which provided that an order of reappraisal of commercial property in Weld County should be issued , was supported by evidence , was appropriate , and should be adopted . The state board proceeded to adopt the recommendation and specifically found that the study conducted pursuant to 39-1-104 ( 16 ) , C .R . S . , during the property tax year which commenced January 1 , 1984 , established that the assessor failed to reappraise commercial property to the extent of meeting the state board ' s objections% Accordingly , the state board ordered , pursuant to 39-1 -105 . 5 ( 1 ) (a ) ( II ) , C.R .S . , .that the commercial property in Weld County be reappraised during the property tax year commencing January 1 , 1985 . The state board further ordered that the reappraisal be under the supervision of the state board and directed that the county present a plan of reappraisal to the state board for consideration on November 8, 1984. The board invited the board of county commissioners to participate in the formulation of the plan for reappraisal and to meet with the state board on Novmeber 8 , 1984 , at which time the proposed plan would be discussed . SO ORDERED by the State Board of Equalization this 3/44 day of October 1984 , nunc pro tunc , October 23 , 1984 . FOR THE STATE BOARD OF EQUALIZATION 2 wv N a,tit Kenn th D . Smith Chairman This is to certify that I have duly served the within ORDER FOR REAPPRAISAL TO WELD COUNTY upon all parties herein by depositing copies of same in the United States mail , postage prepaid , at Denver , Colorado this 24-e, day of November 1984 , addressed as follows : Weld County Assessor Herbert H . Hansen 915 10th Street Greeley , Colorado 80631 Weld County Commissioners P . O . Box 758 Greeley, Colorado 80631 Mr . Stanley C. Peek District Attorney of the 19th Judicial District P .O . Box 1167 Greeley , Colorado 80631 Mr . Thomas 0. David Weld County Attorney 915 Tenth Street P .O . Box 1948 Greeley , Colorado 80632 771" . 73u<<Kti Mary R. B wer Division of Property Taxation f l . 1 01-FR .L. OF WELD COUNTY ASSESS: k-. T November 2, 1984 • COLORADO Stata Board of Equalization , Denver, Co. Gentlemen: In compliance with your order to reappraise the Commercial properties in Weld County, the following "plan" and attached documents are submitted for your consideration. The "plan" is divided into five major catagories: 1) Manpower; 2) Prelimenary procedures; #) Land valuation; 4) Improvement valuation 5) Cor- relacion/Reconsiliation. MANPOWER l The complete reappraisal of field County's Commercial/Industrial properties will require inspection of approximately 5,625 accounts. In order for this task to be comrleted by May 5, 1985, four (4) add- itional employees with commercial background will be needed. Attached is manpower study (Exhibit A) which indicated the necessity of the additional staff. PRELIMINARY PROCEDURES Weld County's Commercial/Industrial areas are unique because of the several incorporated and unincorporated towns. To simplify the mass re- appraisal of these properties, the County will be divided into six ec- onomic areas which are listed on the Master Control Map Exhibit B. This map will also be used to indicate the overall progress of the reappraisal plan. A computer listing of al! the Commercial/Industrial properties will be made for use as a "parcel control", so that no property is overlooked. LAND VALUATION Land valuation analysis within the smaller towns of Weld County support the values used by this office. Greeley, however, will require a complete study and utilize the following 5;teps: 1. Sales maps indicating all 1975 and 1976 Commercial/Industrial land sales will be made. Eath listing on the sales map will contain the following data: \ A. Sale Date J B. Confirmed sales prig.'.' C. Unit value by price raid D. Sales color coded - G:ed State Board of Equalization November 2 , 1984 Page 2 2. Sales confirmation letters will be sent again to buyers who previously did not return the first confirmation letter. This will be followed up by a telephone call to the owner if no response has been received within ten days of mailing. 3. Field inspection of all confirmed land sales will be made by economic area, and any unusual characteristics found will be indicated on the land sales maps. 4. Concluding the field inspection, a sales grid by economic area will be made and a final estimate of value determined. 5. All property record cards will be checked against the value determination found in 4 abov_, and any appropriate changes will be made. IMPROVEMENT VALUATION Major emphasis will be collection and application of market and income data. Most building inventories are correct, with the exception of older and agri-business properties. All buildings built prior to 1979 may require a field inspection to determine if the existing data is correct. The following steps will be used to collect, analyze, and apply the three approaches to appraisals: 1. Sales maps previously used for land valuation will also be documented with improved sales information. Each documented sale will include the following information: A. Sale date B. Confirmed Sale Price C. Gross sales price per square feet D. Sales color coded - slack 2. Sale confirmation will b the same procedure discussed in land valuation. 3. Field inspection will be concentrated on properties built prior to 1979. A comparison of the existing property record card and the physical building (s) will determine if a complete reinventory is warranted. A pre-printed form will accompany the appraisal record to insure all data coll, -ted is consistant and uniform. 4. Valuation: A. Market sales data will be stratified into the following: 1. Gross sales pri^ per square feet (arrayed) . State Board of Equalization November 2, 1984 Page 3 • 2. Gross sales price per net rentable area (arrayed) 3. #1 and #2 above arrayed by effective age of improvement. 4. #1 and #2 above arrayed by use of building (ie: retail, office, multi-use, warehouse, restaurant) 5. State wide data collected by Max Arnold and Associates will be analyzed and included, if applicable. B. Income information -.rill be extracted from the market and will include the following: 1. Gross rent a) Arrayed by nit rentable area and functional use of improvements. 2. Expenses a) Stratified by functional use of improvements. b) Economic "percentage of gross" relationships developed. 3. Vacancy rate a) Stratified }-r functional use of improvements. Imcome techniques used will be: 1. G.R.M. (Gross rent multiple) 2. O.A.R. (Overall rate) C. Cost approach will utilize the AH523, Marshall &. Swift Valuation Service, and historical costs (special purpose buildings only). Depreciation will be judged by effective age of the building rather than chronological age. CORRELATION/RECONCILLIATION This is the final step in the appraisal process and each approach will be examined to decide which approach best indicates the actual value of the property Market and Income will primarily be used except for new buildings and special purpose structures. The final value estimate will be written on the appraisal record, keyed into A.D.P. input, and checked off the "parcel control" listing discussed under pre— liminary procedures. Yours truly, H. H. Hansen - Weld County Assessor d -I COMPUTATION OF APPRAISAL PERSONNEL REQUIRED FOR REAPPRAISAL TOTAL APPRAISAL AND TRAVEL HRS 6204 WORK HRS PER YEAR 1680 * APPRAISER - YEARS 3.693 YEARS AVAILABLE � .5 APPRAISERS REQUIRED = 7.386 (LESS) EXISTING APPRAISERS (3.0 ) APPRAISERS NEEDED TO HIRE 4 *WORK-HOURS PER YEAR IS FREDICATED ON EIGHT HOURS PER DAY AND 260 WEEK DAYS PER YEAR, TESS 50 DAYS FOR HOLIDAYS, VACATION, SICKNESS, TRAINING, MEETITGS, ETC. J „;..:.;,,,•;•..i. ,l 4 r t1 rc y!^ µ a II rr H91 el > I� Y � ��A Y�T ) ! 4 µ� � I % 7 j � � a � NK' 6 q ' k i a° rS� I �,a y ` gt $, Pz ,, Y' , ' � 4- F 6ly*'p ) Pil tro rY + -'I ya rta,d �'Cw + i� „ F,ra',k I. i yt ;fr. Ee; ra . %1�r.`3 ' r l!,' ��i t, :C.4 ��d rYv���Yrt�r1 ?l -r.i It �4 S 411\ r'<-/ cC Moues 4,..32, m,LB t .. #1E4 I o� 4.41,Dc.c.,. e1 • Commixt,aL A Nz 3988 ac 149 — ICol-/Iwo. 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Y ��Tl•FIi � F' •. f :� �( ��,. • 724 pet, ii T.u5PEGT( 7nr"yeaverefrrt S 7a c'fvTE2 of Ai�:arr I it); /l/'f/� Ins P, Ttii Ceu.. r{Rf .n • tEr_ prt re1rM• Fe'=C n.r LHS 'It !Iou'_� ft lCP1 yS TCiP n.y nv i.[f /L ' "c rw, ES C --- -- SbnrfN .10 melt S'ts Li s._6 /8 SD 900 is io O /ht i R ,3;it 6 5 `f ,5-0 ; 70 6; Sy . ._ a 3a I 'AG Pi-Gasi4149! 07&E2 ,20 6 y log 17; 5 a 90 a �T 11E — ' as -L y ? 8 3la 6 _. _ a . fo a �— rs —_ I OF CO(OR ,Q ••y' ri 90 Colorado Department of Local Affairs r '• DIVISION OF PROPERTY TAXATION • Mary Anne Maurer • /876 Property Tax Administrator Ru hdnl I). Lanus 1 a nnulnr To: State Board of Equalization FROM: Mary Anne Maurery�/6i rfAA 6-1•L A-4-11• Property Tax Administrator SUBJECT: Weld County State Board of Equalization Ordered Plan to Implement Order of Reappraisal During Property Tax Year 1985 DATE: November 8, 1984 MEMORANDUM 40 The Division has reviewed the reappraisal plan of Weld County, nd I recomnend that the State Board of Equalization accept the plan s being 5 Lip-L.... appropriate to accomplish the ordered reappraisal of commercial ; ( t � property, under the supervision of the State Board of Equalization . • MAM:m rb sboe/1-D#5 V:1}-1 • 0, 1313 Sherman Street, 623 Centennial Building, Denver, Colorado 80203 (303) 866.2371/2375 BEFORE THE STATE BOARD OF EQUALIZATION, STATE OF COLORADO ORDER ADOPTING A REAPPRAISAL PLAN FOR WELD COUNTY On November 8, 1984, the State Board of Equalization (state board) convened in Senate Hearing Room E, State Capitol , Denver, Colorado, to review the Weld County plan to conduct a reappraisal of commercial property, which reappraisal and plan were ordered by the state board on October 23, 1984, pursuant to 39-1-105.5(1) (a)(II) , C.R.S. The following members of the state board were present: Kenneth D. Smith, Chairman; Ted L. Strickland, President of the Senate; Carl B. "Bev" Bledsoe, Speaker of the House; and David Miller, Designee of Governor Richard D. Lamm. The members set forth above, by unanimous vote, made the within findings and order. Due notice had previously been given to the public, the board of county commissioners, and the county assessor. H. H. Hansen, Weld County Assessor, provided the state board with a copy of his plan to reappraise commercial property during property tax year 1985, and testified that the reappraisal would be complete by May 24, 1985. Mr. Hansen requested that the state board accept a modification to the plan to the extent that the county would require five temporary appraisers instead of the four listed in the plan. This modification to the plan was necessary because of the number of large industrial facilities in the county that will require more time to reappraise. Mary Anne Maurer, Property Tax Administrator, testified that she had reviewed the modified Weld County plan to reappraise commercial property. Ms. Maurer stated that the Weld County plan was appropriate, qualified by the fact that the five appraisers hired by Weld County must be professional appraisers in order to accomplish the reappraisal of approximately 5,625 commercial and industrial properties, by May 24, 1985, to accomplish the ordered reappraisal of commercial property under the supervision of the state board, and she recommended that the state board accept the modified and qualified plan of Weld County. After considering all of the testimony, the state board found and concluded that the recommendation of the Property Tax Administrator, which provided that the Weld County modified plan was appropriate, as qualified by the hiring of professional appraisers, to accomplish the ordered reappraisal of commercial property, was appropriate and should be adopted by the state board. I Accordingly, the state board voted, and by unanimous vote, accepted the modified Weld County plan, as qualified by the hiring of professional appraisers, to reappraise commercial property during 1985, pursuant to the state board's order of October 23, 1984, to reappraise commercial property under the supervision of the state board. The state board ordered that beginning on January 15, 1985, the Weld County Assessor submit a monthly progress report to the state board and the Property Tax Administrator. The state board further ordered that the Property Tax Administrator review these progress reports and submit a monthly response to the state board, with copies being submitted also to the county assessor and board of county commissioners. SO ORDERED by the State Board of Equalization this t w4 day of November 1984, nunc rho tunc, November 8, 1984. FOR THE STATE BOARD OF EQUALIZATION J Kenneth D. Smith Chairman J I • This is to certify that I have duly served the within ORDER ADOPTING A REAPPRAISAL PLAN FOR WELD COUNTY upon all parties herein by depositing copies of same in the UnitedStatsmil , postage prepaid, at Denver, Colorado this ,Jb'7' day of November 1984, addressed as follows : Weld County Assessor Herbert H. Hansen 915 10th Street Greeley, Colorado 80631 Weld County Commissioners P .O . Box 758 Greeley , Colorado 80631 Mr . Stanley C. Peek District Attorney of the 1h Judicial District P .O. Box 1167 Greeley, Colorado 80631 Mr . Thomas 0. David Weld County Attorney 915 Tenth Street P .O. Box 1948 Greeley , Colorado 80632 7214eauy X. rdtz ccL Mary R Brewer Division of Property Taxation J WELD COUNTY Established 1861 County Seat : Greeley Weld County, located east of Center in the northern tier of Colorado counties , has an area of 4,033 square miles, 72 miles long on the north, 35 miles long on the south and a maximum width of 70 miles . The climate is dry and generally mild with long, warm summers, open winters and a growing season of 138 days . The surface is level or rolling prairies with low hills near the western border and elevations ranging from 4 ,400 to 5,000 feet. The South Platte River and its tributaries , the Cache La Poudre, Big Thompson, Little Thompson, Boulder, St . Vrain and other small streams , drain the County . County Commissioners County Assessor Jackie Johnson Herbert H. Hansen Gene Brantner Gordon Lacy Bill Kirby Frank Yamaguchi Population 1981 (est. ) 123, 100 Elevation : 4 , 648 feet County Area: 3, 990 square miles Topography : Level & rolling prairies Average Growing Season: 141 days Average Mean Temperature : January 24° F July 74° F Average Annual Railfall : 11 . 4 inches Average Annual Snowfall : 30 inches Government Land Ownership Acres Bureau of Land Management 5T Forest Service 193,060 Bureau of Reclamation 0 National Park Service 0 Army 0 Corps of Engineers 0 Fish and Wildlife 0 Business Indicators in the Community Major Sources of Income : Agriculture, Construction, Manufacturing, Service, State and Local Government Major Sources of Income ( in thousands of dollars) 1981 Per Capita Income $ 9, 189 1981 Personal Income 1, 147, 325 Farm 99,753 Agriculture Services , Forestry & Fisheries (D) * Mining 15, 911 Construction 58, 577 Manufacturing - Nondurable 29 ,061 Manufacturing - Durable 114, 261 Transportation and Public Utilities 47 , 116 Wholesale Trade (D) Retail Trade 66,865 Finance, Insurance and Real Estate 34, 466 Services 91, 011 Federal Civilian 6, 669 Federal Military 1, 494 State and Local Government 114, 651 Other Income 418,268 Major Manufacturers Hydraulics Unlimited Mfg. Co. Agland Inc. Raincat Irrigation System Fort Lupton Canning Co. Central Homes , Inc. Bayly Corp. Flatiorn Structures Co. Kodak Colorado Division Schools Number Total Enrollment Elementary 30 11,825 Junior High 13 High Schools 13 8, 970 Vocational/Colleges 1 * (D) Not shown to avoid disclosure of confidential information. APPRAISAL ANALYSIS The Colorado Constitution addresses the valuation question by the following "Valuations for assessment shall be based on appraisal by assessing officers to determine the actual value of property in accordance with provisions of law, which laws shall provide that actual value be determined by appropriate considerations of cost approach, market approach and income approach to appraisal. " The constitution further directs that residential property, "shall be determined by consideration of cost approach and market approach to appraisal. . . " The directive clearly requires the complete appraisal approach for commercial and industrial properties. The contract for the 1985 Audit with the Colorado Legislative Council required appraisals of residential, commercial and industrial real property in addition to the 1% audit requirements in those counties where reappraisals were directed by the State Board of Equalization for a certain class or classes of property. These provisions were fulfilled by making independent appraisals of typical properties in typical areas according to types, age groups, and quality of construction by acceptable techniques and procedures using three comparables for each appraised property. The cost and market approach was used for residential "benchmarks" appraisals and the cost, market and income approach was used for commercial properties with three comparables being considered for each subject property in the market approach. The appraisal process is briefly defined as follows : The Cost Approach procedure consists of determining a land value (by market comparison ) and adding the building value. The building value is based on a replacement cost new for the building, less the depreciation associated with the building. The replacement cost new is what it would cost, at the date of appraisal, to build a similar structure of comparable utility to the subject property. Depreciation is the loss in value to the building due to physical, economic, or functional obsolescence. The Market Comparison Approach deals with the prices for which comparable properties have sold, and applies these values to the subject property. With properties of this type, it is necessary to determine a common ground on which these properties can be compared. Once the comparison has been made, the findings can be applied to the subject to determine an estimated value for the subject property. The Income Approach involves an estimate and analysis of the annual income which the property may reasonably be expected to produce during the remaining economic life of the improvements, if improved. Further estimates of operating expenses, when deducted from the projected annual operating income, yield an estimate of the annual net income attributable to the property. This annual net income may then be capitalized at a rate indicated by activity in the marketplace to yield an indication of the value of the property. The properties appraised were typical of the residential and commercial properties in each county and included what we believe to be a reasonable representative sampling of the ages, types of construction, conditions and locations of the properties in that particular county. All properties were appraised using standard appraisal methods and techniques which would include the use of the cost, market and income approaches to value. In the market approach, we appraised typical properties using at least three comparable properties that sold during 1975-1976 . All sales were adjusted to January 1, 1976 . In the cost approach, land values were developed from the market and Marshall & Swift costs as of June 1976 were used with depreciation rates derived from the market. In all cases, we concluded upon the approach which, in our opinion, gave the best indication of the 1977 actual value of the property as of January 1, 1985 . We have in our files detailed appraisal for each typical property appraised. The appraisals include: a detailed, physical description based on a complete physical inspection of the subject along with photographs; a market analysis using at least three comparable properties ; a cost analysis of the subject; and, an income analysis where appropriate. These are available for your inspection and each county has been given the opportunity to review the reports . For the purpose of this report, we have summarized the comparative relationships between the actual value determined by the assessor for 1985 and Max P. Arnold & Associates , Inc. appraisals made at the 1977 level of value. We have provided a brief description of each county as to it ' s general sources of economic life and the predominant value influences. We have also provided a visual aid in chart form that portrays the quality of assessment as reflected in the audit. WELD COUNTY Property Assessor Assessor Assessor MPA MPA MPA Identification Land Imp Total Land Imp Total 1051 Denver Ave. $13 , 211 $27 , 170 $40, 380 $13, 211 $26,789 $40 ,000 1041 Denver Ave. 8,824 45 ,790 54 ,614 8 , 824 48, 176 57 , 000 127 S. Denver Ave. 22, 750 27 ,552 50,302 18 , 200 27,800 46 , 000 115 First St . 36 ,788 47 ,626 84 , 1414 54 ,908 40, 592 95,500 150 First St. 0 32,769 32,769 12,000 28,900 40, 900 18 S. Parish St . 2, 100 25, 175 27, 275 3 , 150 22,850 26 ,000 106 First St . 3, 000 15, 163 18 , 163 6,000 26 ,000 32,000 213 First St . 3,500 10 , 269 13 ,769 3 ,500 10, 500 14 , 000 207 Fourth St . 9 ,750 17,021 26 , 771 9 , 750 18,450 28 , 200 425 First St . 1 , 563 8, 189 9,752 1 ,560 11, 240 12,800 427 First St. 1 ,563 7, 439 9,002 1 ,560 8 ,940 10, 500 215 First St . 2,000 23 ,026 25 ,026 2,000 24 ,000 26 ,000 23175 Highway 257 14 ,026 27 ,300 41 , 326 15,000 28,500 43, 500 218 First St . 4 , 500 17 , 294 21 ,794 4 , 500 20 , 500 25,000 215 Fourth St . 9 , 000 18, 174 27, 174 19,000 38,000 57 , 000 408 Main St . 2 ,400 6 ,326 8,726 2 , 400 7 , 100 9 ,500 424 Main St . 7 ,876 18 , 254 26 , 130 7 ,876 15, 335 23 ,211 208 First St. 2, 250 16 , 664 18 , 914 2, 250 17 ,750 20 ,000 120 First St . 1 ,946 7 , 322 9 ,268 3 , 000 9,500 12,500 1010 Eleventh St . 34 , 480 75 ,621 110, 101 30 ,272 76 ,000 106 , 272 910 Tenth St. 18,062 57 , 588 75 , 650 20,000 53, 000 73,000 2390 28th St . 65 ,340 99, 136 164 ,476 65, 340 88 , 660 154, 000 2159 Ninth St . 42, 175 105 , 325 147, 500 42, 175 114 ,390 156 , 565 1228 Eighth Ave. 42, 500 15,000 57 ,500 42, 500 14 , 500 57 ,000 913 38th Ave. 23 ,824 59,899 83, 723 23 , 894 61, 106 85 , 000 528 Seventh St . 7 ,475 20 , 588 28,063 7 ,475 23 ,525 31 ,000 2727 Eleventh Rd. 33 , 106 58 , 194 91 , 300 33 , 106 52, 894 86 , 000 801 Eleventh Ave. 11, 500 51 ,555 63 ,055 11 ,500 51,000 62 , 500 2200 W. Eighth St. 13 , 559 26, 187 39 ,746 13, 558 29, 442 43, 000 1001 Ninth St . 63, 650 140, 600 204,250 63, 650 93 , 350 157 , 000 903 26th Ave. 12, 300 28, 100 40, 400 12, 300 29 ,800 42 , 100 911 26th Ave . 12, 300 28 , 100 40, 400 12,300 29,800 42, 100 308 Denver Ave. 9, 490 28 , 244 37,734 8 , 541 23 ,959 32,500 2231 Eighth Ave. 61 , 592 48 ,001 109 ,593 61 , 592 13 , 408 75 ,000 3017 W. Tenth St . 0 52,600 52 , 600 0 45, 200 45 ,200 1111 Fifth Ave. 5 , 850 20 , 492 26 ,342 5 ,850 29 , 150 35 ,000 601 Eighth St. 3, 787 18, 955 22,742 3 , 565 29 ,935 33 , 500 2514 Eighth Ave . 40, 500 46 ,000 86, 500 40 , 500 32,280 72, 780 1105 11th Ave. 31, 406 26, 794 58 , 200 31 , 406 21,594 53, 000 1527 Second Ave. 5 ,587 10 ,813 16 ,400 5 , 586 20, 414 26 ,000 ri r_ is — — r . , c'r` r� _ y - i iI'l I — _ I _ - . I I _-� +7i i III i 1 I r i 1 1 I I r i i rr, L,.al'phi_' WELD COUNTY CONCLUSION The preceding list of values and the bar chart support the conclusion that Weld County has complied with the requirements of the State Board of Equalization' s order. A review of the county' s work based on investigation of methodology and appraisals indicates a proper level and quality of value. It is our opinion that the assessor has complied with the State Board of Equalization' s orders . ONE ( 1) PERCENT AUDIT The 1985 1% Audit consisted of a random sampling of 1% of each county ' s residential , commercial, industrial , agriculture, and mobile home property accounts - both improved and unimproved. The number of accounts audited was based on the 1983 parcel count as reported by the Division of Property Taxation in the 1983 Annual Report . Where the 1983 parcel count was not reported, the 1982 parcel count was used as a base (Appendix A) . For each account randomly selected, we gathered the 1984 and 1985 actual valuations for analysis purposes . The purpose of this analysis was to determine whether the Assessor had made any change in the 1977 levels of value between 1984 and 1985 and the reasons therefore. The analysis of these accounts was then used to supplement the analysis of each county ' s abstracts of assessment for 1985. _. _ max p. arnold & associates, inc. MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE RELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS GREELEY 62-0961-17-2-14-013 R I 1947 I2F 24,429 24,429 50 X 115 SREELEY 62-0961-17-2-16-005 R 1 1948 12F 25,383 25,383 50 X 190 GREELEY 62-0961-17-2-12-001 R I 1928 12F 17,755 17,755 50 X 102.25 GREELEY 62-0961-17-2-07-020 R I 1918 12M 23,085 23,085 50 X 190 GREELEY 62-0961-08-3-02-005 R I 1900 12F 25,473 25,473 50 X 190 GREELEY 62-0959-11-1-03-033 R 1 1983 12F 49,217 49,217 10524 SQ.FT. GREELEY 62-0961-06-3-14-001 R I 1961 12M 23,924 23,924 73 X 80 SREELEY 62-0959-13-3-05-005 R I 1960 12M 47,151 47,151 54 X 137 SREELEY 62-0959-01-1-07-006 R I 1959 12F 20,212 20,212 60 X 128 GREELEY 62-0961-17-3-03-013 R I 1936 12F 18,130 18,130 50 X 57, 621/2 X 100 GREELEY 62-0959-13-4-11-011 R I 1959 12M 28,996 28,996 70 X 130 GREELEY 62-0959-13-4-05-011 R I 1970 12M 34,114 34,114 5 X 130, 55 X 130 GREELEY 62-0959-11-1-24-003 R U 0 111,477 111,477 222953 SQ.FT. GREELEY 62-0959-11-1-08-009 R I 1977 12M 46,575 46,575 70 1 120 GREELEY 62-0959-11-1-11-004 R I 1977 12M 46,594 46,594 9760 SQ.FT. SREELEY 62-0959-11-1-07-041 R I 1978 12M 47,202 47,202 6974 SQ.FT. GREELEY 62-0959-13-1-05-036 R I 1971 12F 40,373 47,4;7 75 X 130 SREELEY 62-0959-13-1-04-020 R I 1971 12M 43,547 43,597 GREELEY 62-0959-13-1-03-002 R 1 1969 12M 45,441 45,441 95 X 132.60 GREELEY 62-0961-06-2-08-007 R I 1962 12M 28,960 28,960 62 X 100 SREELEY 62-0959-01-3-15-004 R I 1969 12M 37,763 37,763 61 X 140 GREELEY 62-0959-01-3-03-014 R I 1967 1211 36,179 36,179 61 X 113 GREELEY 62-0959-01-4-06-002 R I 1964 1211 31,419 33,019 62 X 110 GREELEY 62-0961-05-2-06-004 R U 0 3,500 3,500 50 X 150 GREELEY 62-0961-05-2-08-003 R I 1945 12F 11,835 11,835 40 X 150 GREELEY 62-0959-13-3-21-019 R I 1978 12F 38,256 38,256 9286 SQ.FT. GREELEY 62-0959-13-3-18-024 R I 1975 I2F 36,257 36,257 7218 SQ.FT. GREELEY 62-0959-13-3-19-017 R I 1978 12F 38,497 38,497 7426 SQ.FT. GREELEY 62-0959-13-3-17-002 R I 1976 12F 41,876 41,876 80 X 110 GREELEY 62-0959-13-2-09-009 R U 0 8,200 8,200 GREELEY 62-0959-13-1-16-011 R I 1972 1211 47,124 47,124 10050.67 SQ.FT. GREELEY 62-0959-11-3-19-005 R I 1984 12F 9,000 44,037 6790 SQ.FT. GREELEY 62-0959-11-2-01-002 R I 1978 13M 89,436 89,436 21896 SQ.FT. GREELEY 62-0959-12-4-24-001 R I 1972 12F 48,554 48,554 GREELEY 62-0959-12-4-15-017 R I 1964 121 49,869 49,869 115 X 90 GREELEY 62-0959-11-3-24-006 R U 0 7,440 8,085 11503 SQ.FT. GREELEY 62-0959-11-3-16-007 R I 1983 12F 44,457 44,137 10318 SQ.FT. GREELEY 62-0959-11-3-07-001 R I 1979 12M 56,088 56,088 10479 SO.FT. GREELEY 62-0803-32-3-05-011 R I 1930 12F 15,241 15,241 50 X 146 GREELEY 62-0961-06-2-18-012 R I 1979 12F 28,208 28,208 6003 SO.FT. GREELEY 62-0961-16-2-09-175 R U 0 3,450 3,450 52 X 110 M.H.PARK COUNTRYSIDE GREELEY 62-0961-16-2-09-081 R U 0 3,450 3,450 50 X 90 M.H.PARK COUNTRYSIDE GREELEY 62-0959-10-1-11-017 R U 0 17,800 17,800 12600 SQ.FT. GREELEY 62-0959-10-1-11-010 R I 1980 I3F 90,318 89,958 11550 SQ.FT. GREELEY 62-0959-10-1-10-006 R 1 1981 1311 138,468 138,468 19711 S0.FT. GREELEY 62-0959-11-2-14-021 R U 0 2,056 2,056 5712 SQ.FT. GREELEY 62-0961-07-1-24-006 A I 1910 12F 28,117 28,117 75 X 190 GREELEY 62-0961-07-1-20-010 A I 1926 12F 20,261 20,261 45 X 153 GREELEY 62-0961-07-1-22-021 R I 1922 12F 24,349 24,349 50 X 140 GREELEY 62-0961-07-4-03-008 R I 1927 12M 30,636 30,636 50 X 127 MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE WELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 64 ACTUAL 85 ACTUAL COMMENTS GREELEY 62-0961-07-4-11-013 R I 1924 12M 40,255 40,255 BO X 190 SREELEY 62-0961-07-4-15-010 R I 1906 12F 3I,220 31,820 80 X 190 • 6REELEY 62-0961-07-4-22-020 R I 1920 12F 20,037 20,037 50 X 160 GREELEY 62-0961-08-2-28-009 R I 1428 12F 16,145 16,145 30 X 75 SREELEY 62-0961-08-3-04-001 R I 1915 12M 36,614 36,614 96.5 X 100 GREELEY 62-0961-06-3-04-021 R I 1920 12F 24,975 24,975 80 X 150 GREELEY 62-0961-06-1-26-019 R I 1954 12F 15,887 15,887 65 X 109 GREELEY 62-0959-02-4-19-004 R I 1971 12F 29,226 29,226 65 X 120 GREELEY 62-0959-02-4-16-009 R I 1971 12F 34,093 34,093 65 X 110 GREELEY 62-0959-02-4-05-001 R I 1964 12M 39,603 39,603 BO X 100 GREELEY 62-0959-02-4-13-003 R I 1961 1211 36,725 36,725 6100 SO.FT. SREELEY 62-0959-02-4-03-009 R I 1960 I2F 31,296 31,296 66 2/3 X 100 GREELEY 62-0961-19-1-06-021 R I 1977 12F 31,418 31,418 60 X 100 GREELEY 62-0961-19-1-04-008 R I 1971 12F 34,854 34,854 76 X 144 GREELEY 62-0961-18-4-14-010 R I 1955 12F 27,149 27,149 65 X 119 SREELEY 62-0961-18-4-12-022 R I 1955 12F 24,707 24,707 60 X 120 GRE-L='' 62-0961-18-4-11-004 R 1 1955 12F 32,332 32,332 60 X 120 SREELEY 62-0961-18-4-08-013 R I 1953 I2F 20,411 20,411 58 X 120 GREELEY 62-0961-18-4-05-006 R 1 1952 12F 20,525 20,525 62 X 115 6REELEY 62-0961-18-4-03-021 R I 1951 12F 25,261 25,261 50 1 120 SREELEY 62-0961-07-3-02-009 R I 1955 12F 32,470 32,470 70 X 120 GREELEY 62-0961-07-4-06-022 R I 1940 12F 24,752 24,752 60 X 130 GREELEY 62-0961-06-3-16-002 R I 1952 12F 20,444 20,444 65 X 116 GREELEY 62-0961-06-3-10-001 R I 1961 12F 23,129 23,129 50 X 200 GREELEY 62-0961-06-4-19-001 R I 1932 12F 14,733 14,733 50 X 115 .SREELEY 62-0961-18-2-04-003 R I 1954 12F 32,782 32,782 75 X 132 GREELEY 62-0961-18-4-23-009 R I 1959 12M 30,342 30,342 62 X 124.4 SREELEY 62-0961-18-4-27-005 R I 1959 12M 36,530 36,799 80 X 116 GREELEY 62-0961-18-4-18-028 R I 1957 12M 35,568 35,701 66 X 105 SREELEY 62-0961-18-4-16-006 R I 1955 12F 23,611 23,611 65 X 114 GREELEY 62-0961-18-2-23-015 R I 1976 12M 43,622 43,939 10083 SO.FT. SREELEY 62-0959-01-3-13-009 R I 1973 12F 36,065 36,485 214 X 70 GREELEY 62-0959-12-1-03-033 R I 1965 12F 34,347 34,347 GREELEY 62-0961-07-3-21-007 R I 1950 12M 39,305 39,551 85 X 140 GREELEY 62-0961-07-3-22-016 R 1 1941 12M 58,320 59,356 23044 SO.FT. SREELEY 62-0961-07-3-22-008 R I 1950 12F 50,423 50,821 90 X 100, 35 1 120 SREELEY 62-0961-07-4-18-003 R I 1939 12F 29,029 29,301 80 X 75 GREELEY 62-0961-06-1-13-012 R I 1965 I2F 27,061 27,061 70 X 130 GREELEY 62-0961-18-3-18-024 R U 0 6,300 6,300 7308 SQ.FT. GREELEY 62-0961-18-3-08-017 R I 1961 I2M 29,815 29,815 61 X 109, 19 X 109 SREELEY 62-0961-18-3-09-023 R I . 1961 12M 34,465 34,465 60 X 110 GREELEY 62-0961-18-3-16-001 R I 1961 12M 32,795 32,795 31 X 95, 67 X 95 GREELEY 62-0961-18-3-13-018 R I 1960 12M 32,976 32,976 38 X 190, 34 X 190 GREELEY 62-0959-10-3-12-024 R U 0 788 788 3939 SG.FT. GREELEY 62-0959-15-3-08-013 R I 1984 12F 11,740 78,211 B-SITE SREELEY 62-0959-15-3-02-009 R U 0 11,740 11,740 20217 SQ.FT. SREELEY 62-0961-07-2-09-014 R I 1949 12F 27,429 27,429 50 X 160 GREELEY 62-0961-07-1-04-047 R I 1950 12F* 26,643 26,643 DUPLEX 100 X 138 6REELEY 62-0961-06-2-09-011 R I 1975 12F 32,864 32,864 9091 SO.FT. GREELEY 62-0961-19-1-09-032 R I 1952 12F 23,199 23,199 75 X 98 MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE nELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS GREELEY 62-0959-12-2-08-007 R I 1957 12F 29,396 29,396 70 X 120 GREELEY 62-0959-01-4-10-010 R I 1954 12F 29,141 29,141 51 X 110 GREELEY 62-0959-01-4-19-008 R I 1947 12F 24,439 24,679 50 X 120 GREELEY 62-0959-01-4-21-007 R I 1948 12F 22,208 22,208 50 X 120 GREELEY 62-0961-07-3-07-002 R I 1951 12F 28,308 28,557 80 X 184 GREELEY 62-0961-07-3-12-007 R I 1951 12F 27,367 31,081 62.5 X 136.5 GREELEY 62-0961-07-3-10-006 R I 1954 12M 44,273 44,529 75 X 115 GREELEY 62-0959-01-3-13-019 R I 1963 12M 33,625 33,625 66 X 130 GREELEY 62-0959-01-4-22-005 R I 1958 12F 29,592 29,592 65 X 125 GREELEY 62-0961-07-2-12-001 R 1 1960 12M 41,085 41,119 80 X 103 GREELEY 62-0961-07-2-27-006 R I 1952 12M 37,443 37,759 65 X 172 GREELEY 62-0961-07-2-17-006 R I 1953 12F 29,583 29,805 55.44 X 125 GREELEY 62-0959-02-2-02-010 R I 1978 12F 34,681 34,681 71 X 100 GREELEY 62-0959-02-2-03-001 R I I978 12F 42,585 42,585 63 X 105 GREELEY 62-0961-06-3-31-009 R 1 1938 12F 17,676 17,676 50 X 140 GREELEY 62-0961-07-4-24-020 2 R I 1950 12F 26,468 26.469 76 X 81 3REELEY 62-0959-01-3-22-00: R I 1347 12F 15,1:1 15,523 "5 1230^^GREELEY 62-0961-07-1-18-011 R I 1927 12F 20,211 20,211 50 X 100 GREELEY 62-0961-07-1-06-012 R 1 1938 12F 23,382 23,N2 50 X 120 GREELEY 62-0959-12-4-13-027 R 1 1964 12F 30,221 30,470 58 X 150, 20 X 160 GREELEY 62-0959-12-4-14-021 R I 1964 12M 43,066 42,430 7200 SO.FT. GREELEY 62-0961-18-3-19-006 R 1 1975 12M 55,374 55,374 .42 AC. GREELEY 62-0959-11-4-15-010 R I 1983 12M 66,082 66,082 12977 SO.FT. GREELEY 62-0959-11-4-16-003 R U 0 12,400 12,400 22664 SQ.FT. GREELEY 62-0959-11-4-07-003 R I 1966 13M 86,320 86,320 110 X 177, 72 X 170 AVG. GREELEY 62-0959-02-2-16-003 R U 0 6,700 6,700 7700 SQ.FT. GREELEY 62-0969-02-2-13-007 R I 1980 12F 33,906 33,906 7975 SQ.FT. GREELEY 62-0959-02-2-09-008 R I 1980 12M 38,531 38,531 7679 SIFT. GREELEY 62-0961-18-2-09-005 R I 1961 12F 40,803 40,803 82 X 94, 7 X 94 6REELEY 62-0959-12-3-07-003 R I 1973 12F 35,136 35,136 60 X 100 GREELEY 62-0959-12-3-15-003 R I 1973 12F 32,115 32,115 70 X 100 GREELEY 62-0959-12-3-13-021 R I 1975 12M 33,770 33,770 1 LOT GREELEY 62-0959-12-3-04-022 R I 1972 12M 40,307 40,307 GREELEY 62-0959-12-4-05-009 R 1 1971 12F 39,314 39,618 GREELEY 62-0959-12-4-01-022 R I 1968 12F 39,056 39,350 61.46 X 176 AVG., 28.82 X 176 GREELEY 62-0959-12-4-11-003 R I 1967 12F 35,607 35,898 89FT. X 122FT. GREELEY 62-0961-19-2-04-033 R I 1973 12M 33,537 33,537 7684 SA.FT. GREELEY 62-0961-19-2-08-021 R 1 1977 12F 32,878 32,878 60 X 100 GREELEY 62-0961-19-2-01-018 R I 1971 12F 22,658 22,658 7500 SO.FT. GREELEY 62-0959-12-2-19-003 R I 1971 12M 35,299 35,299 70 X 110 GREELEY 62-0959-12-2-27-006 R I 1964 12M 37,740 37,740 65 X 117 GREELEY 62-0959-12-2-30-001 R I 1961 12M 32,185 32,460 65 X 108, 39 X 134 GREELEY 62-0961-18-2-14-004 R I 1965 12M 69,610 69,206 DUPLEX 68 X 120, 52 X 120 6REELEY 62-0959-14-2-05-020 R U 0 4,800 4,800 60 X 110 GREELEY 62-0959-14-2-035 R I 1978 12F 59,862 60,262 10658 SQ.FT. GREELEY 62-0959-14-2-06-063 R U 0 4,800 4,800 7857 SQ.FT. GREELEY 62-0959-14-2-06-068 A I 1984 12F 10,000 39,678 60 X 120, IN 84 LAND ONLY 6REELEY 62-0959-14-2-09-048 A U 0 660 660 14235 SQ.FT. GREELEY 62-0961-07-3-08-009 R I 1968 12F 54,929 55,223 78 X 130 GREELEY 62-0959-13-4-16-001 R I 1974 12F 38,724 38,724 77.5 X 110 MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE WELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS SREELEY 62-0959-13-3-29-006 R I 1979 12F 29,989 29,989 8974 SQ.FT. GREELEY 62-0959-13-3-26-010 R I 1979 12F 30,119 30,119 8266 SQ.FT. SREELEY 62-0959-13-2-18-033 R I 1976 12F 36,403 36,403 6212 SQ.FT. GREELEY 62-0959-13-2-11-011 R I 1976 12M 42,004 42,004 8580 SQ.FT. GREELEY 62-0961-16-2-08-025 R I 1977 12F 26,787 26,787 4497 SQ.FT. GREELEY 62-0961-16-2-03-017 R I 1977 12F 26,787 26,787 5599 SQ.FT. SREELEY 62-0959-01-1-04-005 R I I976 12F 29,912 29,912 60 X 120 GREELEY 62-0961-17-1-09-010 R I 1949 12F 19,677 19,677 50 X 130 SREELEY 62-0959-02-3-13-016 R I 1978 12F 33,985 33,985 9750 SQ.FT. GREELEY 62-0959-02-3-10-024 R I 1977 12F 49,066 49,066 14992 SQ.FT. SREELEY 62-0959-02-3-03-033 R I 1978 12F6300 SREELEY 62-0959-02-4-38-012 R I 1973 12F 28,912 31,289 28,912 18 SQ.FT. T. SREELEY 62-0959-02-4-31-002 R I 1971 12, 40,229 3409 S .SO. T �c '� 40,722 40,��.. 7305.16 5Q.F�. SREELEY 62-0959-02-4-27-001 R I 1972 12F • 36,439 36,439 13564 SQ.FT. GREELEY 62-0959-12-1-16-010 R I 1959 12M 41,036 41,036 65 1 120 SREELEY 62-0959-03-4-20-014 A I 1980 12F 58,413 GR=E :'f ice �-_•_ _ „ . 58.413 11979 BQ.FT. 62-0959-03 4 17-01.; 1 1979 12,` 49,690 49,670 S470 32.Fi. GREELEY 62-0959-03-4-14-025 R I 1983 I2F SREELEY62-0959-03-4-12-011 34,,',87 34,287 72 X I!0 R U 0 7,965 7,965 75 1 :10 GREELEY 62-0959-03-4-10-015 R I 1981 12F 38,588 38,588 15617 SQ.FT. GREELEY 62-0959-12-2-11-003 A I 1960 12M27,352 SRELEY 62-0959-12-1-17-011 R I 1963 12M 27,352 0 49 X 120, 50 X 139 GREELEY 30,434 30,434 60 X 120 62-0959-12-1-13-022 R I 1963 12F 31,618 31,618 75 X 114, 18 X 114 GREELEY 62-0959-13-1-09-008 A I 1968 12F 37,086 37,086 60 X 135 SREELEY 62-0959-12-1-03-006 A I 1962 12M SREELEY 62-0959-12-3-32-002 R I 1975 12F 24,74910 34,810 60 X ]11 SREELEY 62-0959-12-3-23-015 R I 1974 I2F 28,921`8,92 30,063 60 7918 114SILFT. GREELEY 62-0959-12-3-24-001 R I 1971 12F 33,50 38,570 70 5 .14 GREELEY 62-0959-12-2-16-024 R I 1960 12M 31,618 31,618 65,X0105155 SREELEY 62-0959-14-1-06-033 R I 1976 12F 53,241 53,241 9812 SQ.FT. SREELEY 62-0959-14-1-05-004 R I 1973 12F 51,030 51,030 100 X 130 GREELEY 62-0961-16-2-09-142 R U 0 3,450 3,450 M.H.P., IRR. SREELEY 62-0961-16-2-09-52 R U 0 3,450 3,450 M.H.P., IRR. 6REELEY 62-09S9-10-1-08-003 R U 0 17,800 17,800 16500 SQ.FT.,COUNTRY CLUB WEST SREELEY 62-0959-11-3-20-010 R U 0 14,000 14,000 12507 SQ.FT., COUNTRY CLUB SOUTH GREELEY 62-0961-05-2-04-008 A U 0 3,500 s GREELEY 62-0961-06-1-06-002 A U 0 3, 00 50 X 114 GREELEY 62-0959-13-2-05-006 R U 0 3,500 3,500 100 2 X 140 GREELEY 62-0959-11-2-09-038 R U 0 8,200 12,641 8,200 10923 092 SSD.F GREELEY 62-0959-12-4-17-024 R U 0 8,550 4 37.FT. GREELEY 62-0961-06-2-18-008 R U 0 12,500 12,500 3 65 6181 O. GREELEY 62-0961-16-2-09-175 R U 0 4,500. 3,550 110FT. SREELEY 62-0961-06-3-08-012 R U 0 3,450 3,450 2 52 X II0 GREELEY 62-0959-11-4-03-003 A U. 5,250 10,400 5,40 140 X 23 GREELEY 0 10,400 100 X 230 62-0959-11-4-01-005 R U 0 5,200 5,200 100 X 80 SREELEY 62-0961-06-3-08-011 R U 0 3,500 3,500 20 X 150 GREELEY 62-0961-18-2-10-002 R U 0 9,000 9,000 70 X 115, 20 X 115 GREELEY 62-0961-07-3-22-014 R U 0 9,000 9,000 90 X 135 GREELEY 62-0961-18-3-20-002 R U 0 11,200 11,200 .44 AC. SREELEY 62-0959-11-4-16-003 R U 0 „ 12,400 12,400 22644 SQ.FT. qHA r. FlN'CLLll is a5EC;AFI 1995 ^NE PERCENT STUDY SAMPLE L V:c� - jr,�„TY :AT .ILru Yy.7� : L.^.:!1 RES VACANT TYPE OF _2CAT:SN SCHEDULE NUMBER C„'!5 OR IMP 'IOC CONSTRUCT 24 ACTUAL ES ACTUAL CC'A E TS SREELEY 62-0959-02-3-11-012 R I 1977 12F 47,020 47.020 9199 SOFT, REELEY 62-0959-02-3-v3-023 R I 1977 12F 34,262 34,262 678E GO.FT. SREELEY 62-0959-02-4-30-007 R I 1971 12F 40,611 40,611 6550 SB.FT. SREELEY 62-0961-06-4-29-049 R I 1908 12F 13,583 13,593 50 X 190 GREELEY 62-0959-03-4-12-029 R U 0 7,965 7,965 87 X 110 GREELEY 62-0959-03-4-07-021 R U 0 7,965 7,965 7700 SOFT. GREELEY 62-0959-12-1-14-048 R I 1964 12M 30,333 30,333 40 X 195, 60 X 135 SREELEY ANNEXATIONS 62-0961-06-4-04-025 R I 1951 12F 15,304 15,304 50 X 281 GREELEY ANNEXATIONS 62-0961-06-2-15-002 R I 1899 I2F 28,972 30,823 220 X 175 GREELEY ANNEXATIONS 62-0961-16-3-00-002 R I 1900 12F 22,670 22,670. 2.5 AC., ADJ. 1920 GREELEY ANNEXATIONS 62-707-13-2-09-002 R I 1904 12F 11,665 11,665 50 X 140 GREELEY ANNEXATIONS 62-707-11-4-09-005 R 1 1908 12F 19,443 18,443 55 X 134 GREELEY ANNEXATIONS 62-707-13-2-03-015 R 1 1904 11F 12,659 12,659 62.5 X 140 GREELEY ANNEXATIONS 62-959-1H4-1-00-005 R U 0 19,540 19,340 9.77 AC. DACC1C 62-1469-06-2-12-008 R 1 1907 12F 17,216 17,216 100 X 140, ADJ. 1918 CARR 62-0201-27-0-32-003 R U 0 85 85 50 X 150 yCL'A" v_39-33-1-12-005 R U 0 66 66 50 1140 ERISSSDALE 62-0545-28-2-04-003 R U 0 1,000 1,000 100 X 130 1ACONO 62-1469-06-1-12-024 R U 0 6,200 6,800 50 X 120 :ACONO 62-1469-06-1-04-001 R 1 1976 12F 10,100 10,100 50 X 100, GARAGE CACONO 62-1469-06-2-19-001 R I 1936 12F 17,448 17,448 50 X 140 EATON 62-0709-31-3-06-001 R I 1902 12M 28,291 28,291 50 X 162.5 DEARFIELD 62-1047-30-0-11-001 R U 0 150 150 600 X 285 SLENS OF DACONO 62-1469-06-1-23-034 R U 1979 11F 26,012 26,012 EATON 62-0707-36-4-32-003 R I 1975 12F 29,811 28,611 68.19 X 110 EATON 62-0707-36-4-26-004 R I 1974 12F 25,736 25,236 68 X 117 EATON 62-707-36-4-17-004 R I 1957 12F 29,501 29,501 112 X 60 EATON 62-0709-31-3-19-016 R I 1900 12F 15,906 15,906 50 X 100 EATON 62-0709-31-3-10-008 R I 1899 12F 21,195 21,195 75 X 112.5 EVANS 62-0961-29-2-14-001 R I 1898 12M 34,499 34,499 250 X 150, ADJ. 1909 ERIE 62-1467-18-3-35-003 R I 1974 12F 25,075 25,075 65 X 100 ERIE 62-1467-18-3-08-012 R I 1934 11F 7,070 7,070 37.5 X 125 ERIE 62-1467-31-0-01-041 R U 0 16,000 16,000 2 AC. ERIE 62-1467-18-2-14-002 R I 1929 12F 15,644 15,644 50 X 150 ERIE 62-1467-18-3-31-001 R I 1910 11F 4,640 4,640 25 X 190 EATON 62-0707-36-4-00-021 R U 0 6,000 6,000 3 AC. EATON 62-0707-36-4-19-011 R I 1909 12F 14,351 14,351 50 X 140 EVANS 62-0961-19-4-03-008 R I 1964 12F 24,060 24,060 50 X 110 EVANS 62-0961-20-3-20-014 R U 0 3,500 3,500 50 X 119 EVANS 62-0961-30-1-06-041 R U 0 14,700 14,700 210 X 135 EVANS 62-0961-29-2-29-023 R I 1974 12F 34,654 34,654 50 X 150, DUPLEX EVANS 62-0961-29-2-19-009 R I 1908 12F 12,085 12,733 125 X 80 EVANS 62-0961-19-4-05-016 R I 1979 12F 30,758 30,758 76 X 100 EVANS 62-0961-19-1-10-003 R U 0 4,550 4,550 65 X 200 EVANS 62-0961-19-4-28-014 R U 0 1,790 1,020 60 X 100, UNDEVELOPED LOTS EVANS 62-0961-19-4-16-015 R I 1978 12F 27,758 27,758 51-107 EVANS 62-0961-30-1-10-014 R I 1979 12F 26,448 26,448 62.50 X 103 FIRESTONE 62-1311-30-2-01-012 R I 1979 12F 28,238 28,238 65 X 123 EVANS 62-0961-19-3-07-028 R I 1976 12F 27,647 27,647 70 X 115 EVANS 62-0961-19-3-02-012 R I 1971 12F 25,808 25,808 59.50 X 114.11 MAX P. ARNOLD & ASSOCIATES - 1985 ONE PERCENT STUDY SAMPLE WELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS EVANS 62-0961-20-2-05-018 R I 1971 12M 29,508 29,509 65 X 100 FIRESTONE 62-1311-30-2-12-004 R I 1980 12M 48,612 48,612 100 X 125 FIRESTONE 62-1311-30-2-19-004 R I 1915 12F 9,927 9,927 50 X 125 FIRESTONE 62-1311-30-2-27-018 R I 1979 12M 54,422 54,422 75 X 125 FIRESTONE 62-1311-30-1-01-026 R I 1979 12F 28,432 28,432 9143 SB.FT. FIRESTONE 62-1311-19-3-01-002 R U 0 6,900 6,900 15177 SO.FT. FT. LUPTON 62-1471-05-2-21-007 R I 1883 11 14,283 14,283 56 X 125, ADJ. 1900, BRICK FT. LUPTON 62-1471-06-1-31-006 R I 1899 12F 11,782 12,325 51.60 X 130 FT, LUPTON 62-1309-31-4-06-005 R I 1959 12M 40,952 40,952 81 X 130 FT. LUPTON 62-1471-07-1-12-006 R U 0 6,000 6,000 FT. LUPTON 62-1309-32-3-06-037 R I 1976 12F 24,934 24,934 75 X 113 AVG. FT. LUPTON 62-130?-32-3-09-010 R I 1979 12F 29,445 28,445 70 X 100 FT. LUPTON 62-1309-32-3=23-008 R I 1982 12F 30.258 30,258 60.88 X 104.69 ;WS. FT. LUTON 62-1471-07-1-07-010 R U 0 5,600 5,600 90 X 125 FT. LUPTON 62-1309-32-4-10-023 R U 0 4,648 4,648 IRR. FT. LUPTON 62-1309-32-4-03-053 R I 1978 12F 31.501 31,501 101.45 X 62.24 IRR, FT, -:?TAN 62-1309-31-4-14-007 R I 1974 12F 40,951 11,2b1 1v_ X 1'00, :NCR. i 1REPL.C ',ALiJZ FT. LUPTON 62-1471-06-1-25-002 R 1 1964 12F 24.088 24,068 50 X 125 FT. LUPT0N 62-1471-06-1-02-008 R I 1966 12F 20,254 28.25: 51.1 X 125 FT. LUPTON 62-1471-06-1-29-007 R I 1923 12F 14,029 14,029 50 X 125 FT. LUPTON 62-1471-06-1-17-006 R I 1921 12F 25,198 25,198 55 X 125 FT. LUPTON 62-1471-07-1-60-036 R I 1953 11F 36,078 36,078 6.83 AC. FREDERICK 62-1311-31-2-01-007 R U 0 1,750 1,750 25 X 125 FREDERICK 62-1311-31-2-07-008 R I 1977 11F 23,098 23,098 25 X 125 FREDERICK 62-1311-31-2-15-007 R I 1915 12F 8,201 8,201 50 X 125 FREDERICK 62-1311-31-2-25-004 R I 1978 12F 28,192 28,192 50 X 125 FREDERICK 62-1311-30-3-23-045 R U 0 6,900 5,600 9440 RUT, GALETON 62-0801-06-0-01-004 R I 1920 11F 6,091 6,091 35 X 138 AVG. GARDEN CITY 62-0961-17-3-20-016 R I 1917 12F 12,611 12,795 59.3 X 175 GILCREST 62-1057-28-1-07-002 R I 1938 12F 12,905 12,905 50 X 150 GILCREST 62-1057-28-0-01-016 R I 1981 12F 45,950 45,950 85 X 190 GILCREST 62-1057-28-1-20-032 R I 1977 12F 29,709 29,709 70 X 125 AV6. IRR. GILL 62-0801-27-3-03-003 R I 1934 11F 8,215 8,215 50 X 111 GILL 62-0801-27-311-006 R I 1937 12F 11,241 11,241 50 X 150 GROVER 62-0291-05-1-22-002 R I 1951 12F 20,027 20,027 125 X 140 GROVER 62-0291-05-1-21-003 R U 0 500 500 50 X 140 HUDSON 62-1473-03-4-04-005 R I 1983 12F 35,798 35,798 100 X 125 HUDSON 62-1473-10-1-14-006 R I 1912 12F 11,438 11,438 75 X 125 HUDSON 62-1473-10-1-32-010 R U 0 1,000 1,000 25 X 125 HUDSON 62-1473-11-2-04-008 R I 1981 12F 22,545 22,545 50 X 125 JOHNSTOWN 62-1059-05-3-12-005 R I 1955 12M 19,541 19,541 74 X 112 - JOHNSTOWN 62-1059-08-2-03-014 R I 1972 12M 42,179 42,179 80 X 120 JOHNSTOWN 62-1059-05-3-19-019 R I 1980 12F 52,200 52,200 IRR. 117.17-155.01-44.41-111.85-100 JOHNSTOWN 62-1059-05-4-10-008 R I 1930 12F 16,283 16,283 50 X 109 JOHNSTOWN 62-1059-05-4-19-014 R I 1913 12F 22,193 22,193 75 X 100 JOHNSTOWN 62-1059-08-0-00-029 R I 1900 12F 16,516 16,516 100 X 60 KEENESBURS 62-1305-26-3-19-013 R U 0 4,500 4,500 180 X 150 KEENESBURG 62-1305-26-3-17-015 R I 1976 12F 24,760 26,652 99.17 X 150 KEENESBURG 62-1305-26-1-00-048 R I 1980 12F 33,320 33,320 100 X 150 KERSEY 62-0963-21-2-17-011 R I 1964 12F 41,403 41,403 100 X 125 MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE 4ELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL C3NNENTS KERSEY 62-0963-21-2-12-003 R I 1907 12F 13,433 13,433 50 X 125 KERSEY 62-0963-21-2-01-004 R I 1961 12F 34,534 34,534 100 X 125 LA SALLE 62-0961-31-4-15-003 R I 1938 12F 17,179 17,179 96 X 50 LA SALLE 62-0961-31-3-04-008 R I 1971 12M 38,112 38,112 IRR.106.70-68.92-63,39-18.65 LA SALLE 62-1055-06-1-01-004 R I 1941 12F 24,525 24,525 62.5 X 190 LA SALLE 62-1055-06-1-10-013 R I 1972 12F 28,817 28,817 62 X 110 LA SALLE 62-1055-06-2-02-003 R I 1968 12M 37,286 37,286 70 X 100 LOCHBUIE 62-1473-31-3-04-011 R I 1967 11F 22,037 22,037 50 X 120 LOCHBUIE 62-1473-31-3-06-007 R I 1965 11F 17,910 17,910 IRREG. LOCHBUIE 62-1473-31-2-03-002 R I 1970 11F 22,031 22,031 65 X 135, ORIG. M.H. MEAD 62-1207-09-4-13-004 R I 1939 12F 20,105 20.105 100 X 140 NERD 62-1207-09-4-16-004 R I 1978 12F 31,397 ;1,397 64 X 150 MILLIKEN 62-1059-11-1-25-004 R I 1918 IIF 8,090 8,090 50 X 25 "ILLIKEN 62-1059-11-2-18-004 R I 1957 12F 26,033 26,033 50 X 125 MILLIKEN 62-1059-11-1-38-007 R U 0 1,500 1,500 25 X 125 MILLIKEN 62-1059-11-2-23-013R I 1947 12F 28,139 28,139 25 X 125 1.r:SH)l 02-10059-11-2-31-020 R 1 1915 122 25 •161 '1C C6 ' 12f, 1{.F LJ,VV LJ,VY1 50 A ll..i `,UNN 60-0455-33-7-05-004 R I 1910 12F 11,379 11,379 100 X 150 NUNN 62-0455-33-3-05-017 R 1 1953 12F 41,539 41,539 1.31 AC. NUNN 62-0455-33-3-06-014 R I 1974 12F 23,747 23,747 75 X 137.5 PIERCE 62-0553-27-1-07-001 R I 1910 12F 24,630 24,630 300 X 140 PIERCE 62-0553-26-2-05-008 R U 0 1,250 1,250 25 X 140 PIERCE 62-0553-27-4-05-016 R I 1974 12F 27,410 27,410 75 X 140 PLATTEVILLE 62-1211-19-2-03-012 R U 0 2,500 2,500 50 X 165 PLATTEVILLE 62-1211-19-2-07-002 R I 1930 12F 33,308 33,308 150 X 165 PLATTEVILLE 62-1211-19-2-17-009 R I 1951 12F 10,833 10,833 50 X 165 PLATTEVILLE 62-I211-19-3-09-021 R I 1973 12F 27,402 27,402 60 X 115 PLATTEVILLE 62-1211-18-3-05-012 R I 1964 12F 32,360 32,360 91.25 X 110 PLATTEVILLE 62-1211-18-3-13-011 R I 1978 12F 33,431 33,431 11535 SQ.FT. RAYNER 62-0723-03-1-11-006 R 1 1917 12F 15,178 15,178 100 X 140 NEW RAYMER 62-0723-03-1-14-003 R I 1920 12F 13,871 13,871 100 X 140 ROGGEN 62-1301-06-0-07-001 R I 1947 12F 14,585 14,585 187 X 150 SEVERANCE 62-0705-35-4-02-009 R I 1948 12F 21,725 21,725 75 X 140 STONEHAM 62-0727-05-0-14-006 R I 1909 12F 10,588 10,588 100 X 140 VOLLMAR 62-1311-13-0-08-003 R I 1939 11F 8,424 15,937 25 X 125, ADJ. 1953 WATTENBERG 62-1469-25-1-00-008 R I 1910 I1F 3,094 8,094 75 X 115 WINDSOR 62-0807-21-2-10-009 R I 1900 12F 21,893 21,893 50 X 175 WINDSOR 62-0807-21-1-09-014 R I 1914 12F 24,847 24,847 50 X 190 WINDSOR 62-0807-21-2-27-003 R I 1975 12F 35,942 35,942 7748 SQ.FT, WINDSOR 62-0807-21-2-16-015 R I 1904 12F 15,943 15,943 50 X 180 WINDSOR 62-0807-16-3-01-003 R I 1924 12F 19,283 19,283 50 X 190 WINDSOR 62-0807-20-1-25-009 R I 1978 12F 33,182 33,182 8043 SQ.FT. WINDSOR 62-0807-20-4-10-029 R I 1983 12F 47,992 48,792 7071 SQ.FT. WINDSOR 62-0807-21-3-04-009 R I 1980 12F 50,249 50,249 70 X 107 WINDSOR 62-0807-21-4-13-011 R I 1983 12F 28,514 28,514 6234 SQ.FT. WINDSOR 62-0807-21-3-03-017 R I 1975 12F 28,500 28,500 7449 SQ.FT. WINDSOR 62-0807-20-1-17-004 R I 1974 12F 27,174 27,174 70 X 124.23 WINDSOR 62-0807-20-1-21-018 R I 1976 12F 32,646 32,646 13936 SQ.FT. ARISTOCRAT RANCHETTS SUB 62-1309-27-4-14-002 R I 1920 11F 10,868 10,868 208 X 208 ARROWHEAD 2ND-SUB OUT 62-0959-27-2-03-089 R I 1977 12M 54,863 55,183 1.10 AC. MAX P. ARNOLD & ASSOCIATES 1985 ONE PERCENT STUDY SAMPLE WELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS BRADDY ADD.-SUB OUT 62-0961-10-3-02-002 R I 1957 12F 24,845 24,845 139 X 180 CARMACAR RANCHETTE-SUBOUT 62-1467-05-4-04-004 R U 0 6,804 6,804 1.08 AC. CASAGRANDE ESTATES-SUBOUT 62-1311-17-0-05-006 R 1 1980 12F 42,958 42,958 6.742 AC. COUNTRY EST.44-SUB OUT 62-1471-23-4-01-001 R I 1982 12M 62,798 62,798 8.43 AC. ENCHANTED HILL-SUB OUT 62-1311-08-3-02-007 R I 1972 12F 45,594 45,594 4.71 AC. EVANSTON-SUB OUT 62-1311-30-3-12-015 R I 1980 12M 35,930 35,930 62.5 X 125 GILBAUGHS APPALOOSA ACRES 62-0709-33-001-003 R U 0 8,500 8,500 IRR., SUB OUT SUB OUT 62-1207-03-2-02-010 R I 1975 12M 55,555 55,555 1.71 AC. INDIANHEAD SUB-SUB OUT 62-0957-18-1-02-002 R I 1980 12F 44,430 44,430 IRR. J.B. ACRES 1ST-SUB OUT 62-0805-33-3-02-005 R I 1957 12F 34,008 34,008 1.73 AC. WINDSOR KENNEDY SUB 62-0807-13-2-04-007 R I 1974 12F 46,643 47,871 SUB OUT, 40014 SD.FT. ERIE LEASURE LIVING 1ST 62-1467-27-1-04-001 R I 1975 12F ;1,102 31,102 ADJ. 1978. SUB OUT, .B3 AC. JOHNSTOWN NORTHNODR ACRES 62-1061-24-3-02-004 R I 1974 12F 42,955 42,955 SUB OUT, 1.257 AC. WATTENBUR6 62-1469-25-1-00-007 MH 1983 66 1 44 9,376 8,376 SCOTT'S ACRE 62-1467-09-1-01-005 NH 1972 56 X 24 10,393 10,993 FT.LUPTON OUT-ARISTOCRAT 62-1309-27-2-02-006 MH 1971 51 X 24 7,954 10,298 RANCHETTES,STATE MANUAL BASE.CHANGE L LPTDN-24 .._R STO^RAT 62-1'09-27-4.0-0iD5 NH 1070] 62 1 :4 c 92, S 22' RANCHET""_ . i.Lyi�f V:1 L:I% .^::\IJI v'vi\.I VL 3V LI rV •J VJ NH . I l J,V�1 J,:JLJ 1..:\'r1.�1:Lr RURAL HUDSON 62-1475--34-0-00-005 NH 1979 66 .i 14 8,320 8.380 RURAL 62-0961-11-0-00-018 MH 1966 45 1 10 2,414 2,414 RURAL 62-1311-05-0-00-043 NH 1980 52 X 24 17,197 17,031 STATE MANUAL BASE. OHS. ERIE 62-1467-18-0-01-006 MH 1971 56 X 12 5,307 5,307 GREELEY-PONDEROSA 62-0961-08-4-08-004 MH 1964 55 X 10 2,973 2,973 LONOMONT-RIVER VALLEY VIL 62-1313-10-1-00-030 MH 1971 61 X 14 7,021 7,021 BRIGHTON-SIERRA VISTA MHP 62-1471-19-0-00-079 MH 1968 46_ X 12 3,979 3,979 EVANS TERRACE PARK 62'0961-30-2-07-003 NH 1970 56 X 12 4,616 4,616 GREELEY VILLA WEST 62-0959-01-1-06-017 MH 1971 60 X 12 5,097 5,097 DACONO 3-613-13 62-1469-06-1-12-015 MH 1984 48 X 24 17,768 17,768 EVANS GREEN ACRES 62-0961-19-1-08-002 MH 1961 47 X 10 2,508 2,508 GREELEY HOLIDAY VILLAGE 62-0961-19-1-00-015 MH 1980 52 X 24 17,464 17,464 LOCHBUIE SPACIOUS LIVING 62-1473-31-3-03-046 NH 1960 46 X 12 8,917 8,917 41 GREELEY CIRCLE DRIVE 62-0961-06-2-02-009 NH 1974 61 X 12 5,922 5,922 SREELEY MTN AIR CNTRYSIDE 62-0961-16-2-09-071 MH 1971 60 X 14 6,216 6,216 EVANS EASTWOOD VILLAGE 62-0961-29-1-02-004 NH 1981 66 X 14 9,234 9,234 FT. LUPTON 62-1309-31-4-08-007 C I 1947 BLOCK/STUC 32,890 45,884 163.1 X 130, 1 STORY SARAGE FT. LUPTON 62-1309-32-0-00-061 I I 1974 BLOCK/BRI2,051,549 3,751,690 21.68 AC. HUDSON 62-1473-10-1-04-005 C U 0 169 169 338 SQ.FT. KEENESBUR6 62-1305-26-3-07-001 C I 1920 BRICK 90,590 87,900 ADJ. 1953, 2 STORY, 100 X 150 LA SALLE 62-0961-31-4-17-007 C I 1924 BLOCK 21,693 24,982 7750 SQ.FT. LA SALLE 62-1055-06-1-00-002 C I 1951 BLOCK 29,003 29,180 87120 SQ.FT. MILLIKEN 621059-11-1-35-002 C U 0 1,163 1,163 25 1 93 PLATTEVILLE 62-1211-19-2-12-009 C I 1890 BLOCK/STUC 10,457 14,430 ADJ.78, 26.5 1 100 WINDSOR 62-0807-16-3-08-010 C I 1890 BLOCK/STUC 8,429 8,726 1200 SO.FT. WINDSOR 62-0807-20-4-05-003 C U 0 14,705 14,705 14705 SQ.FT. GREELEY 62-0959-02-4-12-003 C I 1963 BLOCK/BRIC 136,259 201,949 BOWLING ALLEY, 29280 SQ.FT. GREELEY 62-0959-24-2-01-024 C U 0 26,972 26,972 74923 SQ.FT. GREELEY 62-0961-17-1-14-005 C U 0 17,700 7,965 110 X 161 SREELEY 62-0959-12-1-04-048 C I 1974 FRAME/STUC 551,989 412,472 RETAIL, 78775 SQ.FT. GREELEY 62-0959-15-2-03-012 C U 0 3,375 3,375 4500 SO.FT. 6REELEY 62-0959-10-3-09-010 C U 0 15,580 15,580 31160 SO.FT. GREELEY 62-0959-01-4-00-004 C I 1969 BLOCK/FRAM 122,817 121,100 ADJ. 1975, RESTAURANCE, 15674 SQ.FT MAX P. ARNOLD 4 ASSUCIt+1ES 1985 ONE PERCENT STUDY SAMPLE WELD COUNTY DATA RES VACANT TYPE OF LOCATION SCHEDULE NUMBER COMM OR IMP YOC CONSTRUCT 84 ACTUAL 85 ACTUAL COMMENTS SREELEY 62-0961-06-3-21-001 C I 1956 BLOCK 109,129 151,200 OFFICE BLDG., 33523 SD.FT. SREELEY 62-0803-32-3-04-018 C I 1964 QUONSETS 91,338 103,500 WAREHOUSE, 65372 SO.FT. GREELEY 62-0959-13-4-12-014 C I 1978 FRAME 100,617 87,000 MED. BLDG., 44189 SQ.FT. SREELEY 62-0959-02-3-17-006 C I 1978 PRE-CAST 290,103 291,700 OFFICES, 56103 SD.FT. SREELEY 62-0961-06-4-28-056 C I 1977 PRE-STRESS 62,848 150,400 OFFICES, 13000 SQ.FT. GREELEY 62-0961-08-4-01-022 C I 1967 FRAME 87,026 68,186 RETAIL, 30932 SQ.FT. SREELEY 62-0961-16-3-00-098 C U 0 15,440 38,600 7.72 AC. SREELEY 62-0961-17-4-02-006 C U 0 79,715 35,871 79715 SQ.FT. SREELEY 62-0959-12-4-00-012 C I 1976 FACE BRICK 226,476 209,200 MED.CLINIC, 32234 SQ.FT. GREELEY 62-0959-24-1-00-006 C I 1979 BLOCKSTUCC 271,030 416,379 RESTAURANT & TENENT, 55000 SQ.FT. PANORAMA IND. PRC. 62-1469-12-2-02-002 C U 0 3,000 4,000 150 1 290 PETERS SUB. 62-0803-32-0-02-005 C I 1978 STEEL BLDG 61,776 102,600 RETAIL, .99 AC. DACONO 62-1469-06-1-28-021 C I 1981 BLOCK 88,655 84,628 RETAIL, 16988 SQ.FT. EATON 62-0709-31-3-20-018 C I 1906 FACE BRICK 14,633 12.190 RETAIL, 2700 SQ.FT. BRIGGS 62-1467-18-3-12-006 C I 1966 BLOCK/BRIC 19,762 15,454 RETAIL, 3750 SD.FT. GREELEY IND. 62-0961-17-1-02-002 I I 1965 STEEL BLDG 901,731 759,300 254788 SO.FT. GREELEY IND 62-0961-17-4-02-001 I I 1966 STEEL BLOS 781,517 1,504,478 57 636 SO.FT. FT. COLLINS 97151-14-012 R I 1951 12F 27,550 27,550 60 X 100 FT. COLLINS 97273-05-020 R I 1980 12F 30,250 30,250 9957 SQ.FT. FT. COLLINS 97273-07-041 R U 0 2,140 4,730 6911 SOFT. SUB-DIV. D CUT FT. COLLINS 97162-26-013 R U 0 SCENIC VIEW u FI.LE;; ,�, FT. COLLINS 97251-06-001 R I 1972 12F 48.290 48,290 5475 SO.FT. GIYW PUD FT. COLLINS 97251-20-002 R I 1980 12F 43,940 43,940 LOT 2 SCOTCH PINES 8TH FT. COLLINS 97103-12-030 R I 1919 12F 27,160 27,160 45 X 130, 45 X 110 FT. COLLINS 97104-24-010 R I 1947 IIM 21,420 21,420 ADJ. 1954, 60 X 100 FT. COLLINS 97232-05-021 R I 1956 12F 31,950 31,950 ADJ. 1960 68 X 106 FT. COLLINS 87301-09-069 R I 1973 12F 30,970 30,970 TOWNHOUSE, 25 1 90 FT. COLLINS 87301-36-001 R I 1980 33,190 33,190 SHORES EAST CONDO, UNIT 1, BLDG. 11 FT. COLLINS 97272-22-038 R U 0 3,390 3,390 63 X100 FT. COLLINS 87302-08-083 R I 1977 12F 54,080 54,080 11427 SQ.FT. FT. COLLINS 97243-09-016 R I 1956 12F 38,920 38,920 LOT 15 S.COLLESE HGTS 1ST FT. COLLINS 97162-15-020 R I 1978 12F 31,170 31,170 73 X 100 FT. COLLINS 97163-24-153 R U 0 3,240 3,240 20 X 85 FT. COLLINS 97242-30-007 R I 1968 12F 49,140 49,140 93 X 135.06 FT. COLLINS 97351-07-096 R U 0 1,030 1,030 50 X 80 FT. COLLINS 87193-05-015 R I 1968 I2F 60,940 60,940 21521 SQ.FT. FT. COLLINS 87193-08-127 R I 1971 12F 63,200 63,200 23863 SQ.FT. FT. COLLINS 87193-13-022 R I 1976 12F 50,160 50,160 9160 SQ.FT. FT. COLLINS 87194-05-047 R I 1984 12F 45,660 48,540 7812 SQ.FT. FT. COLLINS 87194-05-182 R U 0 7,450 10,330 9339 SQ.FT. FT. COLLINS 87193-17-005 A I 1970 20,350 20,350 PARKWOOD GARDENS CONDO,i405,3LD1309 FT. COLLINS 87193-07-020 R I 1979 12F 57,170 57,170 TOWNHOUSE 3960 SQ.FT. FT. COLLINS 97252-55-018 R I 1978 12F 61,380 61,380 DUPLEX, 8366 SQ.FT. FT. COLLINS 87183-06-009 R I 1967 12N 76,620 76,620 .508 AC. FT. COLLINS 97113-23-017 R I 1918 12F 19,170 19,170 PT. LOT 10, BLK 3, PROSPECT PLACE ABSTRACT ANALYSIS The Abstract Analysis was an integral part of the 1985 Colorado assessment study. The primary objective for this analysis was to determine if each county maintained the 1977 levels of value by analyzing significant differences between each county' s aggregate 1984 and 1985 values . In performing this analysis , the assumption was made that the abstracts for 1984 and 1985 were compiled from complete tax rolls and in an accurate fashion. Some latitude had to be accorded to the changing reporting procedures relating to the abstract itself. Based on the results of the 1984 audit, Max P. Arnold and Associates also made assumptions with respect to the level and quality of assessment of each county. That assumption was that if a county had reappraised properly in 1984, there should be no significant change between the 1984 and 1985 aggregate valuation for that county. The abstract analysis procedure began with an interview with each County Assessor and a subsequent comparison of the results of that interview with the final results of the 1985 abstract of assessment for that county. In this way, we had sufficient notice in most instances to conduct a timely analysis of the changes in the 1985 county abstracts . In addition, the review of the 1% sampling was used to augment the analysis of the data found in county abstracts with regard to the types and degree of valuation changes made in 1985. Changes in aggregate assessed value within any county are dependent upon such items as new growth, land reclassifications due to changes in use, new resource production and legal rulings . To become familiar with these individual peculiarities , each county was visited personally by a staff member of the audit team. During these visits interviews were conducted with the assessors to obtain their expectations with regard to change in their county ' s abstract. After the protest period and prior to filing abstracts, a letter was sent to each assessor requesting their best information on final new growth figure for the year. A majority of assessors reponded to this letter with their final estimates for new growth detailed by land classification. max o. arnoid & associates. inc. The last of the 1985 Abstracts of Assessment were received after September 1st. Once the data was entered, summary reports for locally assessed property in each county were prepared which displayed land and improvements and total values by class for both 1984 and 1985 abstracts . Also included were the dollar value differences and percent change figures by class and in total. County board of equalization changes and their impact were displayed at the end of the report. To avoid confusion, personal property was treated in a separate report. From these reports, the data was evaluated on the basis of whether there was a 5% or greater aggregate change from 1984 . In each case where a change of that magnitude occurred the interviews and new growth figures were reviewed. In situations where question remained, the assessor was contacted was again to assist in resolving the problem. All County Assessors have been mailed a copy of the preliminary abstract analysis and offered copies of the 1% audit listings for their review and comment prior to publication of the final report. max p. arnold & associates, inc. PRELIMINARY 1985 ABSTRACT ANALYSIS COUNTY: Weld Reporting Method Any Changes 1984 1985 Interviewee : Herb Hansen Vacant Unimproved Land x x none Residential x x none Commercial x * see commercial Industrial x x none Agricultural x x none Natural Resources x x none Producing Mines x x none Oil & Gas x * see oil & gas Total Assessed by Assessor x x none Overall Comments : * Commercial property was reappraised due to an order of the State Board of Equalization. * Oil & gas properties will increase due to an increase in production. ( 1) . Are you planning or anticipating making any changes to your 1977 levels of value other than reporting new growth and correcting isolated errors? If so, explain. None, other than commercial properties . ( 2) . Do you have any reason to believe that any class of property reported in 1984 will have a significant change in total valuation in 1985? If so, please explain. None, other than commercial properties . Max P. Arnold & Associates WELD COUNTY . Real Property Abstracts Category 84 LAND 84 IMP. 84 TOTAL 85 LAND 85 INP. 85 TOTAL $ CHANGE S CHANGE Vacant Land 12,543,080 12,543,080 11,037,950 11,037,950 -1,505,130 -12.00 Residential 39,872,890 166,346,970 206,219,860 39,889,530 170,384,690 210,274,220 4,054,360 1.97 Commercial 17,775,280 50,3B3,020 68,158,300 18,520,380 57,279,800 75,800,180 . 7,641,880 11.21 Industrial 4,841,640 34,806,300 39,647,940 1,790,400 42,070,450 43,860,950 4,212,910 10.63 Agricultural 42,273,910 43,865,090 86,139,000 43,878,900 46,094,530 99,973,430 3,934,430 4.45 Resources 1,451,440 1,145,550 2,596,990 1,854,050 970,070 2,824,120 227,130 8.75 Prod. Mines 0 0 0 0 0 0 Oil & Gas 215,686,220 128,180 215,614,400 260,358,610 121,150 260,479,760 44,665,360 20.70 SUB-TOTAL : 334,444,460 296,675,110 631,119,570 377,329,820 316,920,690 694,250,510 63,130,940 10.00 County Board Changes Category 84 Adjustments • C85 Adjustments $ Change X Chance Commercial 0 -8,890 Industrial 0 —1,954,470 SUB-TOTAL : 0 -1,963,360 ADJUSTED TOTAL : 631,119,570 692,287,150 61,167,580 9.69 Max P. Arnold & Associates WELD COUNTY Persona] Property Abstracts . Category 84 TOTAL 85 TOTAL $ CHANGE % CHANGE Residential 60,410 56,280 -4,130 -6.84 Coauercial 19,234,640 27,699,060 8,464,420 44.01 Industrial 35,104,740 37,819,120 2,714,380 7.73 Agricultural 0 0 0 Resources 1,431,910 1,454,040 22,130 1.55 Prod. Mines 0 0 0 Oil & Gas 37,726,860 34,310,800 -3,416,060 -9.05 TOTAL : 93,558,560 101,339,300 7,780,740 8.32 1985 LEVEL OF VALUE Reappraisal Interviews Each County Assessor was interviewed to determine the status of their county ' s reappraisal effort. Although the initial intent of the interviews was to determine the status of land reappraisal efforts , the scope of the interview was expanded to include all reappraisal efforts because of the importance of integrating all aspects of a reappraisal effort . This aspect of the 1985 audit process was designed not only to determine progress to date on the 1987 reappraisal but to ascertain present or potential problem areas . We particularly wanted to know whether County Assessors were collecting the 1983 and 1984 sales data necessary to establish the 1985 level of value and whether a sales confirmation program was in place or planned. Finally, it was important to hear from each of the County Assessors whether they could see any special problems in accomplishing the move to the 1985 levels of value. Although responses varied as to the the degree of effort currently being put forth for the upcoming reappraisal, virtually every County Assessor has at least begun the initial step of collecting 1983-1984 sales data. Some counties have progressed all the way to having arrived at levels of value for portions of the county. Most County Assessors do not anticipate budgetary problems in 1986 which would seriously affect their planned reappraisal . This is encouraging because it signals improved cooperation and communication with County Commissioners . There are, however, a . few specific instances where the County Assessor is unsure of having proper resources to conduct the reappraisal. These cases , which are noted in the respective county reports , may require follow-up monitoring to assure that resource problems are addressed. 1985 LAND ASSESSMENT QUESTIONNAIRE COUNTY: Weld Interviewee : Herb Hansen ( 1) . Are you planning or anticipating making any changes to your 1977 level of land values? If yes, explain. Commercial levels of land value have been adjusted due to a state ordered reappraisal. ( 2) . Have you begun planning or actual work on establishing the 1985 levels of land value in your county? If yes , explain. 1983-1984 sales are being collected throughout Weld County at this time . Confirmation letters have been sent and returns are being awaited. ( 3 ) . Have you collected the land sales information necessary to perform sales confirmation work and determined which sales are appropriate for consideration in establishing a 1985 level of land value? This information will be developed by 1986. ( 4) . Have you established or reviewed your neighborhood or community areas to insure that they reflect current conditions in your county? Neighborhood areas will be reviewed and adjusted where necessary, although all commercial areas were adjusted during the reappraisal effort in 1985. ( 5) . Finally, have you developed a plan for applying the information collected to a set of valuation methodologies? If yes , explain. This plan will be developed in 1986. ( 6) . Do you have or foresee any special problems, including budgetary, in accomplishing land valuation at the 1985 level? The Assessor' s Office needs to retain some of the appraisal staff hired in 1985, but the Assessor anticipates no problems in budgetary approval. APPENDIX A 1985 1% Audit (Base -- 1983 Parcels) Residential Mobile Commercial Industrial County ISE Unimp Home Imp Unimp Imp Unimp Adams 611 101 129 28 15 2 Alamosa 26 30 10 4 2 2 Arapahoe 1049 155 256 32 13 0 Archuleta 12 41 2 1 1 0 Baca 14 5 2 3 0 0 Bent 16 4 2 2 0 0 Boulder 504* 120 0 21 8 4 Chaffee 42 33 14 5 1 0 Cheyenne 6 3 0 1 0 0 Clear Creek 32 30 2 2 1 0 Conejos 16 10 1 2 0 0 Castilla 18 510 2 0 1 0 Crowley 9 2 0 1 0 0 Custer 14 34 1 1 0 0 Delta 55 22 6 6* 1 0 Denver 1425 64 4 99 8 12 Dolores 5* 3 1* 1 0 0 Douglas 264 307 3 4 3 0 Eagle 91' 51 2 5 2 0 Elbert 17 18 3 1 0 0 El Paso 896 276 8o 76 17 2 Fremont 86 65 22 8 1 0 Garfield 136 38 20 14 2 0 - Gilpin 21 27 0 1 0 0 Grand 61 68 2 5 0 0 Gunnison 44* 51 8* 5 2 0 Hinsdale 5 8 0 1 0 0 Huerfano 23 37 2 2 0 0 Jackson 6 2 2 1 0 0 Jefferson 1194 231 21 31 11 3 Kiowa 4 2 1 1 0 0 Kit Carson 18 3 3 3 1 0 Lake 28 26 1 2 0 0 La Plata 77 83 22 7 1 0 Larimer 461 235 57 29 14 0 Las Animas 190 8 6* 11 - 5 2 Lincoln 11* 2* 2* 2* 0 0 Logan 49 8 1 6 1 0 Mesa 276 90 43* 22 12 1 Mineral 7 6 2 1 0 0 Moffat 29 12 17 4 1 4 Montezuma 35 14 5 5 1 0 Montrose 59 16 2 6 1 0 Morgan 54 20 0 6 1 1 Otero 61 7 5 6 1 0 Ouray 9 13 1 1 0 0 Park 55 266 6' 2 0 0 Phillips 12 1 2 1 0 0 Pitkin 67 16 5 6 1 0 ?rowers 36 8 9 5 2 0 Pueblo 370 404 18 28 22 7 Rio Blanco 15 6 0 2 1 0 Rio Grande 33 46 7 6 1 0 Routt 60 44 10 3 1 0 Saguache 11 128 1 1 0 0 San Juan 5 2 0 1 0 0 San Miguel 13 13 2' 1 1 0 Sedgwick 9 1 1 2 0 0 Summit 121 53 4* 6 3 0 Teller 47 138 1 3 1 0 Washington 14 7 0 3 • 0 0 Weld 268 59 17 19 9 0 Yuma 21 4 5* 3 0 0 TOTALS 9223 4087 853 567 170 3 40 *Based on 1982 parcels, 1983 not reported Hello