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Home My WebLink About971642.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - STIPULATE VALUE PETITION OF: MOREY TRACY L 418 CHIMNEY PARK DR WINDSOR, CO 80550 DESCRIPTION OF PROPERTY: PIN: R0074293 PARCEL: 080721110023 - WIN WS -B LOT B WEST SUB %418 CHIMNEY PARK DR% WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 1997, 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 1997, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, in lieu of the hearing scheduled before the Board of Equalization, a Stipulation was agreed upon by the Assessor and said petitioner(s), and WHEREAS, the petitioner(s) and the Weld County Assessor agree that the assessment and valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows: Land Improvements OR Personal Property TOTAL ACTUAL VALUE ACTUAL VALUE AS DETERMINED BY ASSESSOR $ 13,125 ACTUAL VALUE AS STIPULATED $ 13,125 124 577 120.875 $ 137,702 $ 134,000 971642 AS0038 RE: BOE - MOREY TRACY L Page 2 WHEREAS, said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County Assessor and the above -named petitioner(s) be, and hereby is, accepted by the Board. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 5th day of August, A.D., 1997. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO APPROVED' i FORM: Assi ant Count Attorney eorge Et'Baxter, Chair nstance L. Harbert, Pro- em Dale K. Hall 971642 AS0038 1997 BOARD OF EQUALIZATION WELD COUNTY, COLORADO ASSESSOR'S PIN NUMBER R4OG0006 Row4a93 STIPULATION (As to Tax Year 7997 Actual Value) RE PETITION OF NAME: ADDRESS: MOREY, TRACEY L 418 CHIMNEY PARK DRIVE WINDSOR, CO 80550 Petitioner(s), MOREY. TRACEY L and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 1997 valuation of the subject property, and jointly move the Board of. Equalization to enter its order based on this Stipulation. The Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: WIN WS -B LOT B WEST SUB 2. The subject property is classified as residential property (what type). 3. The County Assessor originally assigned the following actual value on the subject property for tax year 1997: Land Improvements Total 13.125 124,577 137,702 4. After further review and negotiation, the Petitioner(s) and Weld County Assessor agree to the following tax year 1997 actual value for the subject property: Land Improvements Total 13,125 120,875 134,000 5. The valuations, as estimated above, shall be binding only 971642 with respect to tax year 1997. 6. Brief narrative as to why the reduction was made : Based on market study lot is smaller than typical lot size. 7. Both parties agree that the hearing scheduled before the Board of Equalization on AUGUST 4, 1997 (date), at 1:30 p.m. (time) be vacated; or, a hearing has not yet been scheduled before the Board of Equalization (check if appropriate). DATED this C�> Peti oner(s) or Atto Address: YII(h,inneyP N/,1/2Sar ,,;53rp Telephone: 970— age-- /D.29 day of ,1997. 9/9i Petitioner(s) or Attorney Address: Telephone: Coun y Assesso Address: 1400 North 17th Avenue Greeley, CO 80631 Telephone: (970) 353-3845 Ext. 3656 NOTICE OF DENIAL CQ 9Rtc 418 CHIMNEY PARK DR WINDSOR, CO 80550 WIN WS -B LOT B WEST SUB %418 CHIMNEY PARK DR% OWNER: MOREY TRACY L 07/07/1997 LOG 3751 PARCEL 080721110023 ACCOUNT R0074293 YEAR 1997 OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY, CO 80631 PHONE (970) 353-3845, Err. 3650 g The appraisal value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has determined that R)'OaP al, s$BGRPi4e%citidelPiittiEP IffeirciittsetRie*ffleir MARKET APPROACH. If your concern is the amount of your property tax, local taxing authorities (county, city, fire protection, and other special districts) hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts, and plan to attend these budget hearings. [[T�he Assessor tt��s�ohas carefully y studied �all available info ation, giving particular attention to the specifics included on your protest and has determined the POS4KED LA E�R TEiAI741biNE 3DTI-IYet IF&Y°pU WI f i{991'v DELAYED PLEASE FORWARD A COPY OF YOUR NOTICE SHOWING THIS MESSAGE ALONG WITH YOUR DESIRE TO GO TO THE COUNTY BOARD OF EQUALIZATION. THIS WILL ALLOW YOU AN EXTENSION THROUGH MIDNIGHT JULY 21ST. �� BASED UPON IN WINDSOR DURING 1995 AND 7�.7��PciT HALF OF 1996, YOUR VALUE IS VERY REFLECTIVE OF THE GENERAL MARKET. PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW IMPS TOTALS S 124577 137702 124577 137702 If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, 39-8- I06(1)(a), C.R.S. Please see the back of this form for detailed information on filing your appgpl/o7/1997 By: 15-DPT-AR Form PR -207-87/94 WARREN L. LASELL WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR'S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real property (land and buildings) and personal property (furnishings, machinery, and equipment) 39-8-104 and 39-8- 107(2), C.R.S. APPEAL PROCEDURES: If you choose to appeal the As. your right to appeal, your appe REAL PROPERTY, AND JUI NOTIFICATION OF HEAR You will be notified of the tim COUNTY BOARD nF EOU The County Board of Equalizes business days. The County Pic TAXPAYER RIGHTS FOR If you are not satisfied with th County Board of Equalization Contact the B Wes O in t u m N V 4n SP —E' •N Q(AONO • 0-Z�_JS • = 3 D A.+ ty Board of Equalization. To preserve ON OR BEFORE JULY 15 FOR ATION iil you a determination within five 1st file within thirty days of the 0203, (303)866-5880. W o v CC C13 W If you do not receive a deterrtli 111 I d. st file an appeal with the Board of 4sseccment Appeals . CC 64J PP TO PRESERVE YOUI , _. _ VE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. Lit W N PETITION TO THE COUNTY BOARD OF EQUALIZATION In the space below, please explain why you disagree with the Assessor's valuation. IN ACCORDANCE WITH 39- 8-106(1.5), C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additi nal documents as necessary. er' 4/-- - 97 -1,9 .-it aik �z7 �' n r a 7-21-97 VAIE ADDITIONAL COMMENTS P.W. Edwards, CREA 5404 N.C.R. tIC Loveland, CO 80538 Attn. Tracy 1st Choice Bank 2164 35th Avenue Greeley, CO 80634 Re. Appraisal of Real Estate 418 Chimney Park Drive Windsor, CO 80550 Borrower = Doug Morey Dear Tracy, Per your request, I have prepared a Summary Appraisal located at the above noted address. I have personally the purpose of estimating market value, as defined in in the above noted property. The final estimate of va inspection date, also noted as the effective date, on Report of the single family residence made an inspection of the property for this report, of the fee simple interest lue indicated in the report is as of the 4-19-97. The accompanying form report, including exhibits, addenda and explanatory comments, uses the most applicable approaches to value pertaining to this type of property with summaries and conclusions noted herein. Please note the assumptions and limiting conditions included with this report. This appraisal is made subject to these assumptions and limiting conditions. Based upon my investigation and analysis of the data assignment, the following opinion of market value is effective date, noted above, the market value of the Respectfully Submitted, ,rez.° P. W. Edwards, CREA Licensed Appraiser State Lic. #AL01313872 gathered with respect to this made. As of the date of inspection / fee simple interest is $134,000. Additonol Comment Form 2979 FormFill® PC—Plust" (800) 262-4805 (12 ch.) ellen _Summary Appraisal Report UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 30497021 (MATED SHE E VALUE ESTIMATED REPRODUCTION COST -NIW-(if - IMPROVEMENTS Dwelling 1,314 Sart Mt 56.87 - $ 74,727 1314 bsmt SR Ft $__1134= 14,901 Apl,Jetted Tub 3,100 Garn,..fi milt 72ug.FI.fTt 13.33 9,598 Total Est -noted Cost New $ _--_ ___25,000 $ _...__ 102,326 Comments nn Cost Approach (such as, source of cost estimate, site velar-. square font calculation and for HUD, VA and FnHA, the estimated remaining economic life of the property): See attached sketch addendum/floor plan. Less Physical Functional External Est. Rernaini ng_ Econ. Life = 70 Depreciation 1,0231 0 Depreciated Value of Improvements "As -is" Value of Site Improvements INDICATED VALUE BY COST APPROACH IIEM I SUUJLCI 418 Chimney Park Dr Address Windsor Proximity to subject Soles Price Price/Gross Liv. Area PY Data and/or Verification Source VALUE ADJUSTMENTS Soles ar Financing Concessions Date of Sale/Time Location S. Leasehold/fee Simle Site View Design and Appeal Quality of Construction 6Age M Corditiuru p Above Grade 4 Roan Count Gross Livi Areo Rnsemen% & Finished 0 Rooms Below Grade 4 Functional Utility Average A. Healing/Cooling FWA/None tEnergy Efficient Items Standard t Garoee/Carport 2 Gr/Att y Porch, Patio, Deck, CovPorch . Fireplace(s), etc. NoFP SFence, Pool, etc. Lndscp/Spr. Jetted Tub iiPT Net Adjp@olal) Adjusted Sales Price of Comparable 0 -$ 1,023 101,303 =4 10,500 136,803 COMI'ARAUI I NO. I 611 Cornerstone Dr Windsor ( OMPARALlLI NO. 2 1016 Valley Dr Windsor (IMPARAULL NO. 3 735 3rd St Windsor 3 blocks east 6 blocks south 4 blocks west $ Refinance '.$ 123,900 $:EA,..4$WW$4 141,000 t$ 132,500 $ 0.00 0 $ 112.680 1 93.630 t 86,260.: ? Inspection MLS/Exterior Insp. MLS/Exterior Insp. MLS/Exterior Insp. Owner Selling Agency Selling_Agency_Selling Agency DESCRIPIION DESCRIP I ION I (-)Adjustmenl DL SCRIP I ION I (-)Adjustment DESCRIPTION +(-)Adjustment ................................... . New CV Fixd New CV Fixd Cash 0-Slr. Pts 0_S1r. Pts _ 3-97 closed 11-96 closed Windsor Windsor Windsor Windsor Fee Simple Fee Simple Fee Simple Fee Simple____ 4750 SgEt. 6435 SqFt 10050 SqFt - 3,500 9193 SqFt - _1,500 Average Average d_. Average Average 1 Story/Av 1 Story/Av -- 1 _Story/Av_ Stucco/Good Frame/Av '2',500 Frame/Good _ Frame/Good 3y_rs 3yrs 1_y_r- 2,000 16_yrs 5,000 Good Good — •Good/New Average 5,000 Total Bdrms Baths Total Wails Baths Total Brluns Bnlhs total BcOms Tl3nlhs 6 2__.00 6I 3 2.0 6 3 0 6� 3 I. 0 1, 314sg rt 1 100 sqIt. 4,300 I 506 Sill -- 3,.600 1,536 $(0I --_ 4.400 1314sf-open 1100sf-open 1,700 1506st-open - 1,500 1174sf-open 1,100 Unfinished _Unfinished Unfinished_ FR,28D,8th - 8,000 Average Average Average FWA/None FWA/None FWA/None Standard Standard Solar No Value 2 Gr/Att 2 Gr/Att 2 Gr/Att Patio/Deck 1,500 Patio Patio NoFP NoFP Conv-FP - 1,500 Landscaped 2 000 Lot Graded 6,500 Landscaping 2,000 None 1,000 Jetted Tub - None _ 1,000 Xi LE $ i0 uo0 EL 1X1 1 4,300 LI t IX]- t _ 3,300 Hat r0$1.$r, Net =; 3 M5 n: list €2.49 z 4j0 }049x $ 133,950 Grn4C42u 1*:I136 700 $ Sii$2377r. t 129 200 Comments on Sales Comparison (including the subject property's compatibility to the neighhorhood,etc): All 3 sales are from the Windsor area bringing them under the same market pressure and influence_ They are all similar style and quality homes that offer the same basic functional utility. Sale 2 is a new home built by Gavin Construction which required an age adjustment. Site adjustments are due to the small lot of the subject with minimal rear yard. Basement finish insale 3isfor total finish made on a per room basis. _A _ -4th sale_ of anew home isalso noted in support of sales 1, 2 & 3. II EM SUBJECT t1rMPARAI3t E NO. I COMPARADLE NO 2 COMPARABLE NO.3 Dole Nee and Dola No previous No previous sales No previous sales No previous sales it Source for prior soles Sales/Owner Listing Agency Listing Agency Listing Agency within year of appraisal County Rec. No Title SearchNo Title Search _ No Title Search Analysis of any current ag eement of sale, option, or listing of the subject properly and analysis of any prior sales of subject and comparable within one year of the dale of appraisal: t. Per the owner the subject has not been listed for sale nor transferred ownership_ within the past 12 months. INDICATED VALUE BY SALES COMPARISON APPROACH $ 134,000 !: INDICATED VALUE BY INCOME APPROACH (If applicable) Esthrit.aamEpl Rent $ N/A /Mo. x Gross Rent Multipler N/A= $ This appraisal is mode I x I "as is" I I subject to the repairs, of eralmne,inspections or conditions listed below I I subject to completion per plans and specificatio Conditions of Appraisal: None. 4-97 closed 1 Story/Av _ 0 Final ReconcirnGon: Most credence is givcn`to the market_. approach with supporting weight yen to the cost approach. The income approach is not considered applicablein this assignment due to this being a SFR.Market indicates $134,000 and __cost _indicates $_136,803.___ I'. [ I Did IJ Did Not The purpose of this opproisal is to estimate the market value of the real property that is the subject of this repot t based on the above conditions and the cep Iilicatien, contingent and limiting conditions, and market value definition that ore slated in the attached Freddie Mac Form 439/Fannie Mae form 10048 (Revised 1. I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AS OF 4-19-97 (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE 5 . 134 000 APPRAISER SUPERVISORY APPRAISER SIGNATURE >I: 1 i f' - L e T (' -, 4 c/ / i- ' f SIGNATURE Of applicable) 1 NAME P. W. Edwards CREANAME DATE REPORT SIGNED 4-22-97 DA II REPOR T SIGNED STATE CERTIFICATION_ SIAIE STATE CER TIFICA 1 IONN : OR STATE LICENSE N AL01313872 L i c . App. STATE CO OR STATE LICENSE ri Inspect Property STATE STATE eddie Moo Form 70 6-93 2979 EDWARDS APPRAISAL SERVICE PAGE 2 of 2 Famie lAne Form 1004 (6-93) 4*Wi�Yc. (1:4 COLORADO July 25, 1997 TRACEY L. MOREY 418 CHIMNEY PARK DRIVE WINDSOR, CO 80550 Dear Petitioner(s): CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4225 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.:096131415008 PIN No.: R4060086 The Weld County Board of Equalization has set a date of Monday, August 4, 1997, at or about the hour of 1:30 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. A number of hearings have been scheduled at this time; peitioners will be asked to sign in with the Clerk upon arrival, and cases will be heard on a first come / first heard basis. You have a right to attend this hearing and present evidence to the Board in support of your petition. The Weld County Assessor or his representative will be present. The Board will make its decision on the basis of the record made at said hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 1997, and mailed to you on or before August 10, 1997. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes, of which you will be allowed 10 minutes for your presentation. 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. BOE MOREY 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 EQUALITIO,N Donald D. Warden, Clerk to the Board BY: Kinhberlee A. Schuett Deputy Clerk to the Board cc: Warren Lasell, Assessor Hello