Loading...
HomeMy WebLinkAbout920243.tiff 15-DPT FORM PRESCRIBED BY THE PROPERTY TAX ADMINISTRATOR FORM 920 1166-6190 PET""nN FOR ABATEMENT OR REFUND OF TAXES—c. r -CKEL CO. DENVER 36312 Petitioners: Use this side only. c; WED COUNTY ASSESSOR Greeley Decemb 5 ) i 1 City or Town To The Honorable Board of County CommiC iOners of weld • DEL. 3 1991 j ty TO 11.._ - Gentlemen: GREELEY,COLA. The petition of Jacobus C. & Odete H. Van Herwaarden whose mailing address is 2563 28th St. Greeley CO 80631 City or Town • State Zip Code SCHEDULE NUMBER DESCRIPTION OF PROPERTY AS LISTED ON TAX ROLL GR 704-A L6 THRU 11 BLK 170 SANBORNS 3231286 (1511 & 1517 2nd Ave) (0961-08-1-24-024) respectfully requests that the taxes assessed against the above property for the years A. D. 19..-$9..., 19 90 , are erroneous, illegal, or due to error in valuation for the following reasons: (Completely describe the circumstances surrounding the incorrect value or tax.) In accordance with Senate Bill 91-231, petitioner requests review and adjustment of the 1989 and 1990 assessed value. Subject's over-valuation is verified by the assessment reduction the property received in 1991 and is further verified by the attached report. Summation: Subject was leased through-out 1987 up to Feb 1991 on a gross lease of $1750/mo (value $134,000) . Subject's value was set for the 91/92 assessment period at $141,200, based on the asking rent rate of $2000/mo for the now vacant showroom. Obviously, subject's value was lower with the actual income stream at $1750/mo. Thus, the 1989/90 valuation should be no higher than the 91/92 valuation. Petitioner requests the 89/90 value be adjusted to $141,200. 1989... 19 90 Value Tax Value Tax Orig. 50,180 4,366.61 50, 180 4,445.85 Abate. 9,230 803. 18 9,230 817.76 Bal. 40,950 3,563.43 40,950 3,628.09 The taxes (have) (llaxamat) been paid. Wherefore your petitioner prays that the taxes may be aim:text=refunded in the sum of $ 1,620.94 I declare, under penalty of perjury in the second degree that this petition, together with any accompanying exhibits or statements, has been examined by me and to the best of my knowledge, information and belief is true, correct and complete. Jacobus C. & Odete H. Van Herwaarden Petitioner lent Christopher D. Ruff R&N Property Consultants 413 Main St * PO Box 99 Address WiRdsor.,...CQ..B0550 (303) 686-7447 .�/(] �1�(,, I p 92O243 ' /"' c� , :�, /21 l / lD/t 121 g-C-E er L RESOLUTION OF COUNTY COMMISSIONERS WHEREAS, The County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 11th day of March , A.D. 19 92 , at which meeting there were present the following members• Chairman George Kennedy, and Commissioners Constance L. Harbert, C, W., icLrhy.,...Gordon E, Lacy., .and W. H. Webster notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and said Assessor..represented by Mike Sampson and taxpayer represented by Chris Ruff, R&N, being present; and (name) (name) WHEREAS, The said County Commissioners have carefully considered the within applica- tion, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board... concurs with the recommendation of (concurs or does not concur) the assessor and the petition be approved.., and an abatement/refund be allowed (approved or 9230 denied) ((1989 803. 18 (be allowed or not be allowed) on an assessed valuation of$11.O83. .. 9.?.3.9 for $.(.1.99 .$1J_,.74...total tax for thee ear(s) 19$9&90. Chairman of Board of County Commissioners. STATE OF COLORADO, Pro fem ss. County of Weld I, Donald D. Warden i3zRllxllt7l₹lftdtltndat@I, t3'e Clerk of the :),,ard of County Commissioners in and for the County of Weld State of Colorado, do hereby certify that the above and foregoing order is truly copied from the records of the prococdings of the Board of County Commissioners for said Weld County, now in my office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County, at Greeley, Colorado , this 11th y of AL Mar h A. D. 19.92 ad% �� Miff�i Clerk. By f: ("'"""�" R11`.. ei nay. ACTION OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado, , 19 The action of the Board of County Commissioners, relative to the within petition, is hereby O approved; O approved in part $ O denied for the following reason(s) ATTEST: Secretary. Property Tax Administrator. . C zcr a • 99 ,®�� !�7t-o (D to w o cez Q I F- W J y O T C.) y v ..' b c cc cw w to ot O S' « yy 0 N Cr) Z Cr 2 \yty N 4g V $ .'., 'p 41 0 A 'C O t.: Li) tow >, O c°, m O P•4 ❑ to Y Q J O 'J O 'fie O z -4 it y Ji-i co j • �' Y r rr N N C O G O w ni Q w = w V ig 0 u G..`�+ U O O tq H Q O •DD 2g H A ._ V , C E U ti V C h ia .a) ,O-r dH tit m ° 2 °E. mot .- C - C Y 2v U a o c v roczw = E � B .R a2i > o Ng Li F.vl w o z 3 O $ o O_ c‘ - U. o fa y o v la EadEaw �: r.o a �. � L ,- Z it .c o td v a y .2 •ne v o S. it U � a" v) ! e�❑❑2, �'.�• m � aW ‘ CLERK TO THE BOARD P.O. BOX 758 GREELEY,COLORADO 80632 (303)3564000 EXT.4225 Ci COLORADO February 28, 1992 Jacobus C. and Odete H. Van Herwaarden 2563 28th Street Greeley, Colorado 80631 RE: SCHEDULE NUMBER 3231286 (0961-08-1-24-024) This is to advise you that the Board of Weld County Commissioners will hear your petition for tax abatement or refund on the property described as: GR 704-A L6 THRU 11 BLK 170 SANBORNS (1511 & 1517 2nd Ave) . This meeting is scheduled for Monday, March 9, 1992 at 9:00 a.m. , at which time you may be heard. The Assessor is recommending that the Board APPROVE your petition. The meeting will be held in the Chambers of the Board, Weld County Centennial Center, First Floor, 915 10th Street, Greeley, Colorado, at the above specified time. If you have any questions concerning this matter, please do not hesitate to contact this office. Sincerely, Donald D. Warden, Weld County Clerk to the Board By: r Lt tt, 8 l� i vcv Deputy Clerk/to the Board XC: Assessor - W. Lasell County Attorney R & N Property Consultants f . 2,0243_ I '" ( I (;k1I P.LL 1,l t)LURADU 80631PIINDTII_ OF AUJUSTMEN7 � ONL.1303,356-4000, fxr 4256 Wilk4R 704-A L6 THRU 11 BLK 170 SANBORNS%1511 G 1517 2ND AV% COLORADO • 1511 2 AV GREELEY OWNER VAN HERWAARDEN JACOBUS C G ODETE H ERIS TAX CONSULTANTS PARCEL 096108124024 PIN R 3231286 413 MAIN YEAR 1991 WINDSOR CO 80550 LOG 03856 .Q5/31/1991 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 cost and market approaches. Agricultural land value is determined solely by the earning or productive capacity of the land, capitalized at a rate set by law. _Producing mines are assessed at 25%of the gross proceeds or 100% of the net proceeds, whichever is greater. • _Oil and gas leaseholds and lands are assessed at 87.5% of the gross value of the oil and/or gas sold or transported from the premises on primary production;secondary production is valued at 75%. 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 determinatjbn of value are: THE ACTUAL VALUATION OF YOUR PROPERTY HAS BEEN ADJUSTED BASED UPON , THE ADDITIONAL INFORMATION YOU HAVE PROVIDED• a. P PROPERTY CLASSIFICATION • PETITIONER'S ASSESSOR'S VALUATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW LAND 21, 375 211375 IMPS 148J361 119,825 • TOTALS $ $ 169y736 $ 141 2 0 If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, 39-8-106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. WARREN L LASELL By: _41.6/24, A 1- WELD COUNTY ASSESSOR DATE 15,unr-AD 2 027 1202 F i 1'R 20/ 8"7/91 ADDITIONAL INFORMATION ON REVERSE SIDE xi PARCEL/SCHEDULE NUMBER: 0961-08-1-24-024/3231286 PROPERTY ADDRESS/CITY : 1517 2nd Ave, GREELEY COUNTY Weld OWNER/REPRESENTATIVE Jacobus C. & Odete H. Van Herwaarden R&N CONTRACT NUMBER A0411-2 DATE SUBMITTED • PETITIONERS VALUE: $141,200 CASE SYNOPSIS: Subject is a small automotive center, formerly Larson Boats. Subject was leased to Larson Boats on a gross lease of $1750/mo, tenant paying utili— ties and owner paying taxes, insur, and repairs. Reconstructing the old lease, an income indication of value is $123,000. The owner's asking lease rate is $2000/mo, shown in the county income approach (values at $141,000) No automotive center sales are available. With its door configuration and size, its use as a service garage is doubtful. INCOME APPROACH TO VALUE : $ 0 INCOME APPROACH TO VALUE RECONST : $ 133,371 PRO—FORMA INCOME ANALYSIS : $ 141,195 MARKET APPROACH TO VALUE 1988 : $ N/A PROPERTY INCOME AND EXPENSE ANALYSIS RENTAL INCOME RECOtk(.Si Gross rents 21,000 CAM Reimburse Vac/Credit Loss 0 % 0 Adjusted Gross 21,000 0 OPERATING EXPENSES Advertising 0% ERR% Insurance 450 2% ERR% Grounds Maint 0% ERR% Janitorial/Clean 0% ERR% Management Fees 950 5% ERR% Maintenance/Repair 750 4% ERR% Property Taxes 4,446 21% ERR% Res/Replacements 400 2% ERR% Utilities 0% ERR% Trash removal 0% ERR% Misc Category 0% ERR% Misc Category 0% ERR% Total Expense 6,996 33% ERR% Cap Rate (expensing actual taxes) : 0.105 GRM: 21,000 — 6,996 INCOME VALUE : $ 133,371 0.105 0 — INCOME VALUE : $ 0 0.105 PRO—FORMA INCOME ANALYSIS Leasable Square Footage: 6,740 SF Avg Gross Rent Rate $ 3.56 Potential Gross Income : $ 23,994 Vacancy/Collection Loss: 10 % Operating Expenses 15 % Cap Rate (eff tax=.025) : 0.130 PRO—FORMA INCOME INDICATION OF VALUE: $ 141,195 PROPERTY TAX CONSULTANT - CLIENT AGREEMENT Client : Mr . Van flerwaarden Property Address: 2563 28th St . ; 1517 2nd Ave . City : Greeley County :Weld Parcel Number : 0959-13-4-00-008 ; 0961-08- 1-24-024 (a) The client has contracted R&N Property Consultants to serve as consultant and agent In connection with any and all real estate assessment appeals to the County Assessor, the County Board of Equalization (CBOE), the Arbitration Process, and/or the State Board of Assessment Appeals (BAA), respecting the above property. This agreement Is effective only for tax years 1991 and 1992, and previous yeaa1S.0,O Agreed: 20 9/ — rcIIery (date) R&N:_ 11-- 2/164/e�S /� 1 - t L Liir3'C24`3 Hello