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HomeMy WebLinkAbout930698.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1993, WELD COUNTY, COLORADO PETITION OF: SCOTT CLAIRE D 2717 W14 ST RD GREELEY, CO 80631 DESCRIPTION OF PROPERTY: PIN: R 2164386 PARCEL: 095912119027 - GR 3W5-27 L27BLK5 3RD WESTVIEW%2717 W 14TH ST RD% WHEREAS, the Board of County Commissioners of Weld County, Colorado, organized 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 1993, 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 1993, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner being present, and WHEREAS, the Board has made its findings on the evidence, testimony and remonstrances and is now fully informed. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the evidence presented at the hearing clearly supported the value placed upon the Petitioner's property by the Weld County Assessor. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated to the Weld County Assessor by law. The assessment and valuation of the Weld County Assessor shall be, and hereby is, affirmed as follows: 930698 Page 2 RE: BOE - SCOTT CLAIRE D ORIGINAL Land $ 10,500 Improvements OR Personal Property 114, 680 TOTAL ACTUAL VALUE $ 125, 180 BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's (CBOE's) decision to the Board of Assessment Appeals (BAA) . Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10) , CRS) Appeals to the BAA must be made on forms furnished by the BAA, and should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 523 Denver, CO 80203 Phone: 866-5880 OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1) , CRS) 930698 Page 3 RE: BOE - SCOTT CLAIRE D OR 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, CRS) Selecting the Arbitrator: In order to pursue arbitration, you must notify the CBOE of your intent. You and the CBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located will make the selection. Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He also has the power to administer oaths, and all questions of law and fact shall be determined by him. The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the CBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. 930698 Page 4 RE: BOE - SCOTT CLAIRE D The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 29th day of July, A.D. , 1993. // BOARD OF COUNTY COMMISSIONERS ATTEST: Audi/pest WELD COUNTY, COLORADO / Weld County Clerk to the Board fj Constance// L. Herbert, Chair_ an BY: / //� kaL_�a-q-- £'� IA2 Deputy lerk to the B W. H. Webster, Pr -Tem i APPRQYED A TO FORM: r______ -, ,4� .--- A,2%, _ (��\//) -7 eorge �Baxte County Attorney Bale K. Hall � „4iuLA � 1ara J. Kirkmeye 930698 Bog- g3-a- BOE DECISION SHEET PIN 4/: R 2164386 PARCEL 4/: 095912119027 SCOTT CLAIRE D 2717 W14 ST RD GREELEY, CO 80631 HEARING DATE: July 29, 1993 TIME: 4:00 P.M. HEARING ATTENDED? ®Y N) NAME: _S-e_ / AGENT NAME: r APPRAISER NAME: ‘ S '1-4_ 11 1 DECISION: DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION mac_ ASSESSMENT RATIO ACTUAL VALUATION ORIGINAL ADJUS4'ED Land $ 10,500 $ /Q7 Improvements OR Personal Property 114,680 P1. 4,gQ Total Actual Value $ 125, 180 $ ,/ Q J Z COMMENTS: MOTION BYt TOE —444-1 /� 1, SECONDED BY 1)4 Baxter - N) Hall -- ,yPN) yL Failed to m<el -uZticn of proor)dAay--c s-g- Harbert -- deeN) - Comparables inadequate Kirkmeyer -- 409N) Other: Webster -- 61 N) RESOLUTION NO. 930698 OFFICE OF COUNTY ASSESSOR I (......... 1400 NORTH 17th AVE. GREELEY, COLORADO 80631 NOTICE OF ADJUSTMENT PHONE (303) 353-3845, EXT. 3656 WIDc 'GR .3i15-27 L278LK5 3RD WESTVIEW62717 W 14TH ST RD1k COLORADO .... . .. ,.. . 2 'In- ' � 271T W 14 STRD GREELEY OWNER SCOTT CLAIRE D SCOTT CLAIRE O PARCEL 0 9591 2119027 PIN R 2164386 2717 W14 ST RD YEAR 1993 GREELEY CO 80631 LOG 01610 05/25/1993 The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has determined that your property should be included in the following category(ies): RESIDENTIAL PROPERTY IS VALUED BY CONSIDERING THE MARKET APPROACH. AGRICULTURAL LAND VALUE IS DETERMINED SOLELY BY THE EARNING OR PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A RATE SET BY LAW. ALL OTHER PROPERTY, INCLUDING VACANT LAND, IS VALUED BY CONSIDERING THE COST, MARKET, AND INCOME APPROACHES. 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. The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest and has deter- mined the valuation(s) assigned to your property. The reasons for this determination of value are: BASED ON YOUR REQUEST FOR REVIEW WE PHYSIC TALLY INSPECTED YOUR PROPERTY. THE VALUE INDICATED MOW REFLECTS THE CHANGES TO OUR RECORDS, IF ANY. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW , LAND 10, 500 10,500 IMPS • _. 150, 525 114,680 • -TOTALS $ $ 161/G25 $ 125, IRO If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further con,ideration, 39-8-106(1)(a),C.R.S. Please see the back of this form for detailed information on filing yohr appeal. - - - • By: WARREN L. LASELL 06/24/93 WELD COUNTY ASSESSOR `'� ` n /��` DATE q�)698 45 • 15 DPT AR C-Y 7 N J 9.M.lN��R Form PR-207-87/93 A0DITI0NAL INFORMATION ON REVERSE SIDE YOU HAVE THE RIGHT TO APREAL THA.ASSESSOHIS.piEGPFPGN rht Bclar•t rot FpuaSyzation will §ij tor hen_.appeals beginning duly 1,-and continuin/ through August 10 for :Hai t , ;s. ,. .''d"qs' and personal praaerty (filing ti,t'9:„a. 'y1 at:hinery, and `rag 1•r.!"v-.tt . 39-B-104 and APP; pl siPr. 4.-.LI f-{,9e..a tlhe Assessor:, r'io' ,! t. N. !1t del v r ,at: t . , of tit f, C0!MIst' .1 . €.'- ,r.., preserve you tight to aadEin " STN nor -3 si3�.;i .-t a PO FL} .. l�[ �ry f Y (tali )�y p �{ ( y p, . Y.0;4; q'A 4�HOF:> R i ��, hFY t:. v'J c. (° iicro..` k 4. l..iYs.t_.) H(. L v7J(-i 11 s�".: '`� : 9 (ii) (' (7!.,1`.,Hataa">0 ! Fm. .. .. the t ae and placa set ;or the r:.,rri , (=f ., ra ar pesl. qq p^1 .J�y/�`yp�,� y c. :5 (./ i.,..E QUAL: m]oN 5riE4 AM€"NNA9 ..kiN: poippv aa".ifd r: Uali..h°on must make a decision on your appeal anfd mail you a determination within five 'a•., Pa, raauntyBr.a cd must nancnida araarin:gs by August 1 0. Cali FU 3III "A6 v_ ' i u • i i , 11' . rI .t! theCounty hcicIToi: ' +t1'43t0=7 r.j .i(.'.nislc.PT,Fefti t t,i t tale`w> hlt, ft 1 •1.yy.5.i}1 t::1,&' .I, �`•tii.t.+<^"r 1 C1@ e,i"/ ee I L"7�(1�' '✓'ry�. � Y'ly:t f0{1l�tM��}}il//���i�., ��• - � �:(.,. - Board . f cs sty'eenttINNpeak: tatitE 'i ..C• ! �_7. r r F; x-.. 1313 fhea tt.t. ., ! N . at, C•' a,,,,La ' ..aaiaraca, • .•f ' District Court 9th 1 t > :y'. and 9J, .104L, p,0 Box i_ air ealry, Colorado 80632 • ;; up .ir .. n $.F t Bit:', (, (30 r 1. 4000, h.xt, 4225 i''t,toti do net receive a determination from the County Board of Equalization,you must file an appeal With the Board of Assessmeni Appeals by September 20. 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 -HE COUNTY BOARD OF EQUALIZATION n ?:aa space e'.o=nr, please explain why you disagree 'with the Assessor's valuation. IN AccoPpArlor WITH FP, ORS, VDU UJ°1 STATE YOUR U°4NI N r `t'4.cI IL IN "TERMS OF A 76' ,I' It. Dots :,t? 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CY = E > N , a.2.0.- o •C n >- N 17 C 3 G r o L 1 1,rc E m A« KC y C9 NNC rrp ;223 0 Vnd(L do � A C N <• no !° cocco. :r,' r4..c; P-.. " • - J 4 .. > 7 a1 • p _ o-i P . N FI r • j ; p ) me G -t 0 [1 F J I-• D .. ITT999 x g - E \ 7 0 8 O - rn ¢ ; , - v WWa a t )V . Ufa J� v12• 2 S -la wo • o - n \, -r♦J J� w�a0 �V '.0 Ntaa C U1~ V MM F �I 4 ' .11r • 'N yS.I•F1/4 1' V zurt cc.. - N V WW ;AI J ..F S b,+'� 1 t t;f P' E.O?.-s.;., -I N n n to f> n 1 f. 5_i u w J, . V)N F-II l23.�d a .,j Will FI Z3. U V 930698 CLERK TO THE BOARD \ P.O. BOX 758 GREELEY,COLORADO 80832 C. (303)358- 000 EXT.1225 COLORADO July 16, 1993 Parcel No. : 095912119027 PIN No. : R 2164386 SCOTT CLAIRE D 2717 W14 ST RD GREELEY, CO 80631 Dear Petitioner(s) : The Weld County Board of Equalization has set a date of Thursday, July 29, 1993, at or about the hour of 4:00 P.M. , to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Centennial Center, 915 10th Street, Greeley, Colorado, in the First Floor Hearing Room. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor will be present before the Board. The Board will make their 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 10, 1992, and mailed to you on or before August 16, 1992. 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. 930698 SCOTT CLAIRE D - R 2164386 Page 2 At least two (2) working days prior to your hearing the Assessor will have available, at your request, the data supporting his valuation of your property. 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 Lu1ALi Donald D. Warden, Clerk to the Board BY: ,-L.a-1 �� Carol A. Harding, Deputy�l cc: Warren Lasell, Assessor t tt 930699 EXHIBIT S{o RESIDENTIAL APPRAISAL REPORT County Board of Equalization PROPERTY ADDRESS 2717 W. 14th Street Road OWNER Claire D. Scott APPRAISER Stan Sadusky Weld County Assessor's Office DATE July 29, 1993 930698 MICROSOLVE C R O S O L V E CA MA SYSTEM 07-29-1993, 12:16:51 WELD COUNTY Disk: G Class 93 Group 11 Sub-Gp. 501 User:WEL 5/27/93 Session 1 1 Serialized Page 9 414 Report Page i< 1 COMPARABLES REPORT OF SOLD PROPERTIES Subject Record d 8774 2164386 2717 W 14 STRD GEELY Sales file K:AAPPS\MS\G9312P00.222 was used. 5 Recordswere considered. (The subject record was excluded from consideration_) Records were selected according to user-defined criteria 16 factors were used in the comparables selection. (The difference was raised to a power of 2 I. Record Range Considered = 1 to 172 SUBJ.RECORD MOST COMPARABLE NEXT MOST COMP. 3rd MOST COMP. 4th MOST COMP. 5th MOST COMP. COMP.WT. ADJ.RATTE RECORD No. 8774 91 107 101 110 128 RECORD I.D. 2164386 2076886 2351386 2237886 2464186 2584886 NAME/ADDR. 2717 W 14 ST 2138 27 AV GEL 2615 25 AV GEL 1412 45 AV GEL 2819 W 19 ST GE 5940 W 24 ST GE 4 FACTOR FAC.VAL. FAC.VAL. ADJUST FAC.VAL. ADJUST FAC.VAL. ADJUST FAC.VAL. ADJUST FAC.VAL. ADJUST 9 SALE PRICE 0 152500 105500 110000 83000 145000 71 SUBDIVISION 1010401 1010179 0 1010165 0 1010342 0 1010364 0 1015081 0 90 0 122.1 NEIGHBORHOOD 2 3 0 3 0 3 0 3 0 6 0 85 0 11 SALE DATE 0 910415 920213 910723 920626 920302 39 STYLE 2 2 STORY 2 STORY 0 2 STORY 0 1 2 STORY 0 2 STORY 0 2 STORY 0 0 0 40 QUALITY 3 FAIR FAIR r 0 FAIR + 0 i FAIR 0 FAIR 0 FAIR 3 50 9 49 EXT WALL TYP 6 F MASH F MASH' 0 F MASH 0 E F MASN 0 F MAST+ 0 F MASH 0 10 0 35 YEAR BUILT 1964 1978 0 1972 0 1974 0 1974 0 1975 0 100 0 36 TOTAL SQ FT 3271 3139 3828 2094 34133 1976 37555 1717 45066 2354 26593 70 29 42 BSMT SQ FT 2232 1181 8933. 968 10744 728 12784 621 13693 1329 7675. 6 3.5 43 FIN BSMT FUG 940 1181 -2169 968 -252 448 4428 0 8460 1063 -1107 6 9 44 FIN BSMT PAR 0 0 0 0 0 0 0 0 0 0 0 5 4 61 GARAGE SQ FT 0 567-8q22.0 462-6�c=0 480-62.=c 0 460-1,=4c0 636- cc J 5 1 16 LAND MKT VAL 10500 15500 14000 12500 12000 30935 48 PLUMB FIXT 13 17 13 13 11 15 45 H0. FUL BATH 2 1 2100 1 2100 2 0 2 0 2 0 2 2100 46 NO. 3/4 BATH 0 3 -6300 2 -4200 1 -2100 1 -2100 3 -6300 1.5 2100 47 N0. 1/2 BATH 1 1 0 1 0 1 0 0 1600 0 1600 1 1600 29 IMPS/SQ FT 38.37 16.32 44.69 48.37 43.36 39.98 46.33 65 SPI/SQFT 0 43.64447 43.69627 49.34211 41.35119 48.45582 A. SALE PRICE 0 152,500 105,500 110,000 83,000 145,000 MEAN STD.DEV. B. TOTAL ADJUSTMENTS ABOVE 6,393 42,525 52,667 66,720 28,462 C. ADJUSTED SALE PRICE /yY ? 153,33-3 NI€9-1'118,025 /054)1727-1-E2,02-7 ;HE /J-/°S= 173,12: 158,553. 10,345 D. COMPARABILITY INDEX 100 94 91 0 COV= 6.5% E. MEAN WEIGHTED BY COMPARABILITY INDEX ₹521-;96 F. ACTUAL VALU 1 5180 155,769 115,284 98,178 90,639 139,994 G. ACTUAL VALU ` �; 155,769 115,284 98,178 80,639 139,994 H. RATIO: F/C .9803 .7788 .6036 .5386 .8071 .1T53 J. STD. DEVIATION OF (H. ABOUT .1141 M I C RO SO LV E CAMA M A SYSTEM 07-29-1993, 12:13:06 WELD COUNTY Disk: G Class 93 Group 11 Sub-Gp. 501 User:WEL 5/27/93 Session 4 1 Serialized Page 4 413 Report Page 4 1 COMPARABLES REPORT OF SOLD PROPERTIES Subject Record 4 8774 2164386 2717 W 14 STRD GRLY Sales file E:AAPPS\MS\G9312P00-222 was used. 5 Records were considered. (The subject record was excluded from consideration.) Records were selected according to user-defined criteria 16 factors were used in the comparables selection. (The difference was raised to a power of 2 ). Record Range Considered = 1 to 172 SUBJ.RECORD MOST COMPARABLE NEXT MOST COMP. 3rd MOST COMP. 4th MOST COMP. 5th MOST COMP. COMP.WT. RECORD No. 8774 91 107 101 RECORD I.D. 2164386 2076886 2351386 2237886 NAME/ADDR. 2717 W 14 ST 2138 27 AV GRL 1412 45 AV GRL 2819 W 19 ST GR 4 FACTOR FAC.VAL. FAC.VAL. ADJUST FAC.VAL. ADJUST FAC.VAL. ADJUST 9 SALE PRICE 0 152500 105500 110000 71 SUBDIVISION 1010401/ 1010179 0 1010165 0 1010342 0 90 0 121 NEIGHBORHOOD 2 3 0 3 0 3 0 35 0 :1 SALE DATE 0 910415 920213 910723 39 STYLE 2 2 STORY : 2 STORY 0 2 STORY 0 2 STORY 0 0 0 40 QUALITY 3 FAIR FAIR + 0 FAIR + 0 FAIR 0 50 0 49 EXT WALL TYP 6 F M.ASN F MASH 0 F MASK 0 F MASN 0 10 0 35 YEAR BUILT 1964 1978 0 1972 0 1974 0 100 0 38 TOTAL SQ FT 3271 3139 3828 2094 34133 1976 37555 70 29 42 BSMT SQ FT 2232 1181 8933. 963 10744 728 12784 6 8.5 43 FIN BSMT FUL 940 1181 -2169 968 -252 448 4428 5 9 44 FIN BSMT PAR 0 0 0 0 0 0 0 5 4 61 GARAGE SQ FT 0 567-9(4000 462- O9<a0 480-C ,(=0 5 0 16 LAND MKT VAL 10500 15500 14000 12500 48 PLUMB FIX! 13 17 13 13 45 N0. FUL BATH 2 1 2100 1 2100 2 0 2 2100 46 NO. 3/4 BATH 0 3 -6300 2 -4200 1 -2100 1.5 2100 47 N0. 1/2 BATH 1 1 0 1 0 1 0 1 1600 29 IMPS/SQ FT 16k:97 15.02 44.69 48.37 43.36 65 SPI/SQFT 0 43.64447 43.69627 49.34211 A. SALE PRICE 0 152,500 105,500 110,000 MEAN STD.DEV. B. TOTAL ADJUSTMENTS ABOVE 6,393 42,525 52,667 C. ADJUSTED SALE PRICE !'J9""3 153,303 iyi85148,025 151',,.71:2,::" 156,528 85,902 J. COMPARABILITY INDEX 100 5 94 COV= 91.4t' 2. MEAN WEIGHTED 3Y COMPARABILITY INDEX 156,54 7. ACTUAL VALU g� ,180 155,769 115.284 98.'_78 G. ACTUAL VALU -"40540 4 155,769 115.284 96.173 H. RATIO: F/C .9803 .7788 .6026 .4725 .4515 j. STD. DEVIATION OF (H.) ABOUT 1.0 .0516 030698 'st/�I ' r �� ? �y II '� € f c - ��i! iii n r } ....e r •g. fL,,_,_.... . •��•. x41 lae r 1=Lri wYt .5.-• r.. L'! i.j.4.� Blne E ;r�.li iD. 'an�Pnr wm '__kW' W`id * Marlin. �.J l..�J-�.. 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E T. a�a a 7i, z &.nt o 1 a IX :l II=I L.1 Z t ' 761 c Mi 1"c[-1 s Qr rl of 0 drew M - • ti Jackson t-+ 7„n. *�,, gS�' I .. +Z� • , - _ inside' nr—'- I bur.- •O �J7rn . EAR yjC r�� >.-t ST P- Jam" 34 , US_ 71 . ..... :.. ' • •••••::_,-,.BYPASS • � Ci a �, './...././..!:-.'"/. a .meter}� 1 g ?Merri:' ,•,••�••" ;•Greele • EI'/, a .loon ' a • Cernete �. P ': E :!~O`-` l I� '„ •;— •C' • V , •:/r %�/%��i.<.. -^ 97n p a r s4.��� '</ \ ((jam • a Ra • b 3}" i s L} a 'ulhyy . tTLiID3YiL .' N aU I Poe Ripe CnaPialow 1 Trn,011.nfri pirs--.., .. /A Elem. MrOdle Aerial View •stnoel 0 School i a i J �n pl rn 'Lp I ` f r.,fci�—'^' R it T 1mYo- Centennial nirri i.�rA J/'/?� lI 1I S L u ti tue�r ENm • �z--{ T-I QY'f-7__ it 'O ~ ; 7 �� ,1 -'<> a ��R I. /' �; i.�m i. Q 1, •.•• .rut•~ r ;j _ .• sr cr Stc o c _ ;m's.-E ni ° • o� : - 6 i. I r�P • ,' J. �If � w .- - 11ICROSOLVE CAMA SYSTEM 07-20-1993, 10:34:22 VELD COUNTY Disk: G Class 93 Group 11 Sub-Gp. 501 User:WEL 3/15/93 Session 4 1 Serialized Page 4 403 Report Page 4 1 :OMPARABLES REPORT OF SOLD PROPERTIES Subject Record 4 8774 21643862717 W 14 STRD GRLY :717 'W 14 STRD GRLY Bales file g9312p00.111 was used. 17 Records were considered. (The subject record was excluded from consideration.) Records with values between 1010401 and 1010401 on factor 71 were included. 16 factors were used in the co©parables selection. (The difference was raised to a power of 2 ). Record Range Considered = 1 to 1573 SUBJ.RECOED MOST COMPARABLE NEXT MOST COMP. 3rd MOST COMP. 4th MOST COMP. 5th MOST COMP. COMP.WT. ADJ.RATE RECORD No. 8774 452 453 450 457 458 RECORD I.D. 21643862717 W 14 2138286 2144386 2127786 2149086 2149686 SAME/ADDR. 2717 W 14 ST 1301 27 AV GEL 2528 W 14 STRD 1232 24 AVCT G 2509 W 13 ST GR 1510 27 AV GRL 4 FACTOR FAC.VAL. FAC.VAL. ADJUST FAC.VAL. ADJUST FACIAL. ADJUST "FAC.VAL. .ADJUST FAC.VAL. ADJUST 9 SALE PRICE 0 77500 71500 59900 58000 63000 71 SUBDIVISION 1010401 1010401 0 1010401 0 1010401 0 1010401 0 1010401 0 90 0 121 NEIGHBORHOOD 2 2 0 2 0 2 0 2 0 2 0 55 0 _1 SALE DATE 0 910628 910531 910709 910329 920210 29 STYLE 2 2 STORY 1 STORY 0 1 STORY 0 1 STORY 0 1 STORE 0 1 STORY 0 0 0 40 QUALITY 5 II Fe(w, FAIR 0 FAIR 0 FAIR 0 ' FAIR 0 FAIR 0 50 0 49 EXT WALL TYP 6 F M.ASi F MASN 0 F MASH 0 F MASH 0 i F HARD-.>:o 0 F MASN 0 10 0 35 YEAR BUILT 1964 1960td3;`0 1971 0 19644I787 0 1971 0 1963 0 100 0 8 TOTAL SQ FT 3271 1620 50768 1134 65712 1092 67004 1036 58726 1025 69033 70 30.75 42 BSMT SQ FT 2232 1620 5202 1134 9333 1092 9690 1036 10166 1026 10251 70 8.5 43 FIN BSMT FUL 940 1335 -3555 943 -27 0 8460 504 3924 1026 -774 6 9 44 FIN BSHT PAR 0 0 0 0 0 0 0 0 0 0 0 5 4 61 GARAGE SQ FT 0 528-6;oc 0 500-60°0 390-3(000 520-4;000 324-31000 5 0 16 LAND MKT VAL 10500 10500 10500 10500 10500 10500 48 PLUMB FIXT 13 11 8 8 5 3 45 NO. FUL BATH 2 1 2100 1 2100 1 2100 1 2100 1 2100 2 2100 46 NO. 3/4 BATH 0 2 -4200 1 -2100 1 -2100 0 0 1 -2100 1.5 2100 47 NO. 1/2 BATH 1 0 1600 0 1600 0 1600 0 1600 0 1600 1 1600 29 IMPS/SQ FT 3Z.D.746.02 47.8 57.22 50.32 47.49 54.92 65 SPI/SQFT 0 41.35802 53.79189 45.23809 45.84942 51.16959 A. SALE PRICE 0 77,500 71,500 59,900 56,000 63,000 MEAN STD.DEV. B. TOTAL ADJUSTMENTS ABOVE 51,915 76,619 86,754 86,516 80,111 C. ADJUSTED SALE PRICE ;;5,5'16 37- /"/1?:° 112,11i iH_`35i1WI i`ICo.A :14,n1& Itr '^ii i4;'.: 142,363 7,490 D. COMPARABILITY INDEX 100 93 92 92 COY= 5.2: I. MEAN WEIGHTED BY COMPARABILITY INDEX .. F. ACTUAL YALU 161,025 47,942 ,389 65,453 59,698 66,847 C. ACTUAL YALU USIOWbolt ,.942 75,389 65,453 59,698 66,347 H. RATIO: F/C .6795 .509 .4463 .4131 .4671 .503 .1046 J. STD. DEVIATION OF (H.) ABOUT 1.0 .3197 `iw0.78 -... . , 03 1211—" ,.E 85 + aa!'rl. 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POOL VENCf3 •< Iw4r.wl ' u ' 'At r vYYJ 1 ' . ...111_*t(-Y-f . ri&o mea...ul r lit I 1 r Cb l� M COMMENTS 1.....1•Ions un, a PA,.•c&•nw4uw•••.w^I n•M•(. , E 2✓`I �-CJH/GL J E .P14.40.4 - lf)Sa 'PN'w o•ITB-Od1 Oina • rnNr VNMAFp IOOr Rt r• ., '.. x•... �d MC 1o.m PO nn i•1• AT T Acrt UESC0.VTIVl VNOTODRAINS OF SUBJECT•RO•....AND S.....SCENT Q� • r Y I. .vw,� yF v.» /e•"" T ', ,• VALUATION SECTION F•.•.w r h•••Ir w•nl+r M•\•I w*Oral 4 Coast,.[[ n••'Ywf••M FNMA Iw a••N.•••w•Iwo III M••n•A/,w. I....d M Lam•.'\Cww.•-.1[NaafC•• .J.r[Nw Fen"IOW[� t r - wM•••and U)u•<*I•••••••MM N•••••••••••••••••••••••••••••••••••••••••••. •M-••r•.•wI.�I•I a wlL Nw ••9 7 L • �'/•�• •^O0IICT10N CPT-N[•1-01 IMllpv[W NT[t °'•+ ^° —wo +..a i a. 0•••I'•N S.i_.[..FI..[ 0.3�• [ 992,5-7 '- II, —�•_"..._•7_1____• I•_:•_+ • l Tc In- .�, �' I )o- 1 1- a r 3Wt 4' r. --- -�• 44 • d•arf • ° 1. 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Y Y .t: l c••....<..w..•a.• Sa .� e;-� ., .its , 't/4 a to,--3s/,,t- „••, ,,. f im�21S� S{� �L�/T-LlA/ia__SYI tN_ }k7jL 1-__ azinsir Tti �In• wI[•�.•..u... ,.+i .•..•o•....< . t�a0- 0•Nw•:a+•••FLI••.•• .%•••NNa L.•.•y� t�'l������ w•r�__•t �iQ va•^;-Y� 0•+rr•••Cti•••r.r.•r. v`WONT.*011.1 1.E 1i1>f11T[7.�i� tr.••••• y` T ^ Wi7";:tIIQ\t•all ". ..1 F••,IZJf YI•v D•I� - ' ''i • I• [II•If1D•C6walfi/ )37 __-_ llu'"Proms.Ye.w w•+...••••••••••[••aria's.,w•• IIN'••'M 11.••••/7.+ ❑I•.uc.•...al••...TvmnNM11F.,,teem 101... WITH••••1•••••••••• It�M••r•.•Lr w..+...+r•..�...•..MS.. thwn.,''. fleeted Nsac$t Vela Y Ot r••u0.Of Sa.cC[tAOFl.f[4$C3 N�ie In O Oat ..... - O a Pt I Po • — °.: ' -41010k T • A.'..q.• - `C • 4 �:..O..."':f:„ kv Sil • • 'J/7 cf., )410.s. P( ' �„ R Garinuy CO I 1 i''''':• `•.:4•A.:•- ' ib431 I y, 3 ya .� "fyT` `y �f A ��y( • •xy ':-.%‘;,3,„1-44,1f. ' iali fir r ' fm v I y.- m yi :''''4'..!!' a,4(4,2.. - r Peg fEb" 77."77-7-7717-77-- iabv 2 ,z � . .• I i i t � t r 11' 1 : I J L y 4 )1 •( a . I , -I ', ; 'CIF/ BL's Ir twh Z � ' (5444II , • K+4ilr7 'I iiµ � .ern -Is.�• I . - . . j - . • • ..9110 ' it l9 1 t1 I l tflr i.f : i ; . , III , 1IIII 1 ' 1 ,: 11 ' i I • 'I' ' Ilri I • ti III} t ! II t jii , tit :, . . , I, • : ' I' " .. lit i '. '. 11. I , i + I.; • i . . , . R I , . , I ' Il I ' I ' ( III • , ii • . . I I ` li 11 , ' II ' 1 ' 1 • I ay • ' •; ' � I I • I �11i1 I X11 . 4 {Ill eon I I.. y ' '3L �7 , I . ' ' 11111,r I Ivl ; j ! , , II I I , , f 44 I i ! : I 1 I i • + rYliI IWJlIIMMsw I ; ; I I ' 1 1- I.7 • , I . . 1111I ' i •I jj , : t . ' 111 f • , I , yr,„, ; IfI , ' i � ' ; 11 III ._ . _. I I _ . !-=9306 iF* . .i., '- 2 ?i DEFINITION OF MARKET V#E:The highest price m ferns of mollwhlch a property will bring Ina ;Mali+ acv a � �'+ eompeilliyt and open market under all conditions requisite to a fair sale,the buyer'• prudently, Innwledgrably and nssummr Ihr nor and seller meach acting is phi is not allrrled by undue stimulus.t Implicit in this v'drhnittoa is the consummation of a sale as of a specified date and:he passing of title Irons seller to buyer under conditions whereby'Ill buyer and seller.•o'is pie ally mohstied.(2)both parties are.well informed a -S,5? y' i~t7+; or well advised.and each at tang in what he insiders hit own bvsl in ;(3)a reasonable time is allowed sl I kyay for exposure in the op en market. HI pat mini is m..de in rash nr Its equivalent:. fi terms generally available in the commands. rte financing. if ype, isn on x,r mnnmr}' .v the ape,tried date and typical for the ,•a.h+{r4 ,,.,` locale:IS)ihe price represents a normal ronaideratmn for the property property type n its g ..ia.- + amount. f p• y sold unaffected t,on by special financing ' -s and/or terms.services. (rrs.rm!s nr rmd,ta mrurr<d m Ihr ttansactmn. 'Rol ..,;e Terminology,'•published 1975) h Estate Appraisal ,moo,+ CERTIFICATION AND STATEMENT OF LIMITING CONDITIONS tr. sal N CERTIFICATION:The Appraiser cei liters and agree• has 4 *': I. The Appraiser has nn pivot m runt, ,latrd future interest in the property appraised: e •,:' ! neither the employment to make the a rail- P P ypo and * rp nor the compensation contingent upon the appraised slue of the tproperty. D for it. is • ,a.{.dsy.�,iFn ,x¢. I. The Appraiser hat no personal interest in nr hiss with respect to the sub art'7y 'Y!ry, ai report or the participants to the sale1 mailer of the not sisal P The"1j''�hmi,r o� hurl. Value-An rt" n the a pranal report is based in whole or in part upon the rare. color or heanodal might altar 9roijective ernes 4 occupants of the Y'Fp :?r•✓` , property appraised.or upon the rare. color or national origin of the present owners or ? °'. properties w the tinnily of the prnperi. appraisedoccupants of the 'r', ",a '?+ ! d-ini :' 3 The Appetiser hat persnnally nape,led the property.hosh inside and out,and has aide an exterior inspection of all immutable{' sales lolled in the report In the best of the A raiser i knowledge `• •�' 4d air- all statement, and information in •.1:s Appraiser', keno and belief. 1 air If { "Pot ► it a tern t d y� Appraiser An not knowingly � v withheld ray significant information v t ! J x11 tJ N � - s oHc.ii / :;:. a 4 All comment ".asst and limiting,/IMO,,-,,,,.,nniam.d herein cyst: or by the•ndersrImposed o at by d in terms a the assignment ` used affecting the analyses. np,nrnr.a and conclusions contained the _ � *'t r _ S This appraisal report has been mad. in conformity with and n subject • mirent 'Cede of Rsfesvonal Ethic. and Standards of Professional o the rtq•iraments of the which the Condurt of the appraisal organisations with e Appraiser is affiliated conclusions and opinions rani ermine 1F. real.stale that are set forth in the appraisal re net -". wane.preparedby the Appraiser whose srg-.mnr appears on the appraisal report. unites indicated as >'k • Appraiser- No Than a of ins item in the appraisal report shall be rade by anyone other than • the Appraiser,and the Appraiser shall h.oe no rrsp,ns,b,lity for any such unauthorized change_ '.....;� * 4 CONTINGENT AND LIMITING CONDfT10\S• The .eei,f•,cation of the Appraiser a appraisal report is Mini t to the Intino.n •,nPa conditions in the ; • An,nm and in SW h other specific and limiting conditions as may,, r •yk'ti-'y,� r are se!forth be the Appraiser in the rrp•rr• ,t .. 'rf • 0 1 The App rnaer a.su m,, no r-.p m.,h,:,i. I.•r natters rf a legal nature affecting the property appraised or the 1 ib therein nor does the 'SW\p>r r render any Opinion as to the title. winch is a ',timed to be good and marketable Th. proprrrt is n:oprnsrd a. nso-,.•b •..a.. r. ., 2 Any sketch in she report mss shins a -s„on included mi to es o s' rr•,ad.- . J,mrnp vans and is included to assist the reader i' .t • m visualizing the pro(•erh The Appn nor hat made no Bursry nl the ao r1 F4.0e., 3 The Appraiser is not required to pi.e irst,mnne nr a-^car in court a • raiul because of previously made the , -+< :9.,, appraisal with referent. to the proper . ,n ,iura, ,n unless a.:angemenls have been made therefor -'.984.0 e 4 Anydistribution of the salvation in the report between land and improvements applies only under `4i the existing retrain of ubhratin,. The set %alumnus fair land and building must not be used in . y conjunction with any other app i and are maalid if a,used 5 The Appraiser assumes that there are nn hidden-nr unapparent conditions or the properly, subsoil. a., _4+ -"Ll �,,�, or strvrteres.which would render it more nr less uluahle The Appraiser assumes no responsibility for sacs conditions or for engineering shah nnght he required to discover sots factors. ��t, Information.estimates.awl opinions Innithed to the Appraiser,and contained in the obtained from sources considered reliable and believed to he true and comet/. However,no responsibility rrc r 4 '"'d for arturacy el such a !:•:sashed the Appraiser can be assumed by the Appraiser. sue'' 15v..- 7. Disclosure of the contents of the appraisal report is governed by the Dylaws and Regulations of }�, the profess,mal appraisal organizations with which thea NritA.r all APPraivr is affiliated.nor any earl of the content of the report.or ropy anon!(indudmg conclusions aes to the Yt"�1,� properly valve. the identity of the Appraiser. professional designations. reference to any professional apprusal organizations.or the firm with which the Appraiser is connected).shall be used far any purposestilt a,, s' by ansone but the client specified in the report,the Mrrower-if appraisal fee paid by same.the mortgagee or - rts successors and assigns.mortgage insurer consultant, professional appraisal tug.tiutiey,any stale or e ` i': federally *preyed financial Institution,any department,agency,or instrumentality of the United States or �'t�, any stale sr sg5� the rlis•rict of Columbia. without the previous written consent of the Appraiser,nor shall it be '`'sy.: i:�D+'AE conveyed by anyone to the public thrnu-h advertising.public relations,news salts.or other media,with-us the wrinen consent and approval of the Appraise `;,2,., 9. On all appraisals. t agent subject to satisfactory completion repairs.m •Ira work ,the appraisal report and H• value conclusion am contingent upon compaction of tau•,tmrrnvementt in•workmanlike manner. l am"f 10. The atP•iser Is rot an active-and accepts io resivastblllty for 'tevetural arrd/or verha,tul fat lure, shirt sr.rl.I nit be rewsrnhl subject 17 apparent In the .step. of an appraiser's unreal lisq antes of the J Tei'sseuors or to a typical pnwtmt larchaser. t:' Air ?tJ� H. The entvlals used in the rss•nrtlon of the z•rr a;'' (•,', parry). sport +ITral went h+sY ed Ina analyzed n1A4. for tensible t•plclty or nuvr pmentlal hazards. Ibis value relict Uvula se considered roll ad sold ''i.. If the subject property contains any rntentlal ly hazard in ayes late. - e.._,` �'PRZ Appiau.,hi //C-jr•. �f- ,... .6930699 1 SUBJECT 2717 W. 14th St. Rd. >. a spa MOST COMPARABLE 1232 24th Ave. Ct. v lt, Y rt.. .._. ',1, NEXT MOST COMPARABLE Ill 1301 27th Ave. is AA o __ _ 930698 3RD MOST COMPARABLE 2509 W. 13th Street IONS 4TH MOST COMPARABLE 2528 W. 14 Street Rd. 5TH MOST COMPARABLE 1510 27th Ave. 930698 Hello