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Home My WebLink About951556.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO PETITION OF: ROBERTSON GREGORY P & KATE M 1904 CLEMMA CT ERIE, CO 80516 DESCRIPTION OF PROPERTY: PIN: R 5697386 PARCEL: 146708105011 - PL4-9 L9 BLK4 PARK LAND ESTATES %1904 CLEMMA CT% 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 1995, 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 1995, 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 supported, in part, the value placed upon the property by the petitioner. The assessment and valuation of the Weld County Assessor shall be, and hereby is, adjusted as follows: 951556 AS0032 pc: As , &Q ) RE: BOE - ROBERTSON GREGORY P & KATE M Page 2 ORIGINAL ADJUSTED Land Improvements OR Personal Property TOTAL ACTUAL VALUE $ 41,255 $ 41,225 214.168 189.441 $ 255.423 $ 230.696 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) 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) 951556 AS0032 RE: BOE - ROBERTSON GREGORY P & KATE M Page 3 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. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 3rd day of August, A.D., 1995. BOARD OF COUNTY COMMISSIONERS ATTEST: Weld County Clerki%.ttie Board BY Deputy Cle k o the APPROVED AS TO FORM: unty A rnta itiC LD COUNTY, CnLORADO Dale K. Hall, Chairman FXCI ISFn Barbara J. Kirkmeyer, Pro-Tem FXCI ISFn Ge e E. Baxter Constance L. Harbert W. H. Webster 951556 AS0032 991/17 - BOE DECISION SHEET PIN #: R 5697386 PARCEL #: 146708105011 ROBERTSON GREGORY P & KATE M 1904 CLEMMA CT ERIE, CO 80516 HEARING DATE: August 3, 1995 HEARING ATTENDED? ON) AGENT NAME: APPRAISER NAMEcp-6—ec+a_ DECISION: DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION ASSESSMENT RATIO TIME: 9:00 A.M. NAME -4 -C -1z-1‘ a ACTUAL VALUATION ORIGINAL SET BY BOARD Land $ 41 755 $ /// . ,5 c Improvements OR Personal Property 714,188 Total Actual Value $ 255,423 COMMENTS: MOTION BY IS !) TO L'� SECONDED BY C? -r.1 Failed to prove appropriate value No comparables given Other: J'?, /1// $ JS30, (c96, Baxter---FYNV' f Hall --aN) Harbert --,/N) Kirkmeyer Webster -- ( 'N) 951556 RESOLUTION NO. July 18, 1995 CLERK TO THE BOARD PHONE (303) 356-4000 EXT.4218 FAX: (303) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 146708105011 PIN No.: R 5697386 ROBERTSON GREGORY P & KATE M 1904 CLEMMA CT ERIE, CO 80516 Dear Petitioner(s): Per our phone conversation today, the Weld County Board of Equalization has set a date of Thursday, August 3, 1995, at or about the hour of 9:00 A.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, 1995, and mailed to you on or before August 16, 1995. 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. 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. ROBERTSON GREGORY P & KATE M - R 5697386 Page 2 Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours BRD OF E(�J� LIZ�q� � �'C//l l r Donald D. Warden, Clerk to the Board cc: Warren Lasell, Assessor NO TT CE OF ADJUSTMENT 1400 NORTH 17th AVE. GREELEY, COLORADO 80631 PHONE (970) 353-3845, EXT. 3656 COLORADO PL4-7 L9 IILK4 PARK LAND ESTATES e1 DO4 CLEMMA CT% 1)04 CLEMMA 3C1 PARKLAN CW NE P'IAEWT SON GREGORY P £ KATE M RI3r RT SON G9EGORY P -£ KATE M PARCEL 146708101011 PIN R 5697.386 1904 CLLM-AA CT ERIE CO 30516 YEAR LOG 1795 00323 05/02/1995 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): RESIDE?!TIAL PROPERTY IS VALUED BY CONSIDERING THE MARKET APPROACH. AGRICULTURAL LAND VALUE IS DETERMINED SOLELY BY THE EARNING OP PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A PATE SET DV LAW• ALL OTHER PROPERTY, INCLUDING VACANT LAND, IS VALUED BY CONSI D PING THE COST, MARKET, AND INCOLE APPRCACHES • 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: OAS₹::D ON A S TUOY OF COMPARABLE PROFERTIES THAT SOLD FROM 1/1/93 TO /./30/94 WE HAVE ADJUSTED YOUR PROPERTY TC THE 1995 LEVEL OF VALUE AS 5 H=3 !*J E; EL!34 • PROPERTY CLASSIFICATION PETITIONER'S ASSESSOR'S VALUATION ESTIMATE OF VALUE ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND I MP S 41,255 252,38I 41,255 214,151 TOTALS $ $ 293,636$ 255,423 If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equa 39-8-106(1)(a), C.R.S. Please see the back of this form for detailed information on filing your appeal. By: 15 -OPT -AR Form PR -207-87/94 WARREN L. LASELL -WELD COUNTY ASSESSOR ADDITIONAL INFORMATION ON REVERSE SIDE 0.5/05/95 DATE 3!i YOU HAVE 1 HE AtiDSO APPEAL PROCEDURES: otti se t0tppe,t':' WET t.oUr; F a Ut}APIt O t ULLALIZAtION 915 min ;E;!; r -'.t} [fox /58 fle FICATION HEARING' COUNTY BOARD OF EQUALIA"I4°t{,;`y; t , The '_: C,. illy Boaid { .:,.{ I Z i!ICi "", ;cos ass have T PAYER RIGHTS FOR FURTHER APPttAi arse m y Board of Equalization's wrntifte decision w' District Court: oily Avenue nod Ott Olier.l, Greeley. 'AOIO,d'i6 bin telephone (5in) 356-4000, Ltd. 4520 U+ C• Amitratmon: WELD C;QUIN w t" Fa }s =r r `'{ foNLSALNAT ION net iSO r1 p'o! CNN: :No If you do not receive a determination from the Yee Assessment Appeals by September 18. TO PRESERVE YOUR APPEAL.A THEREFORE. WE RECOMMEND ALL _ P'. , PETITION '%C. ti you roust file an appeal wee he 1/fond of / /� J Dec 3°) /17 /O� 427 e®°'Q6 �'YOn„e f-itivC�ia.sc� r lc�- / / noret/sal �` ✓e�er de-r/a U e 6e set Q7` 1227, 0©0.00 5).N `URI '1Y PC'" T Oi :o( ^. 1 Weld County Board of Equalization 915 10th Street P.O. Box 758 Greeley, CO 80632 Dear Sirs: 1904 Clemma Court Erie, CO 80516 May 12, 1995 I wish to appeal the County Assessor's decision to place a "current year actual value" for our property (pin number R 5697386) $255,423. My wife and I purchased the property on Dec. 30, 1994 for $227,000. I feel that value is the correct dollar figure that should be used for the "current year actual value". I have attached a copy of the "Uniform Residential Appraisal Report" that was completed on Nov. 28, 1994 on this property as further evidence that $227,000 is the true market value of the property and should be assigned as the "current year actual value". As you can see, this report took intoaccountthe comparable properties in the area that sold recently and adjusted their value various differences in the properties. If you have any questions concerning this appeal, please contact me at the above address, or call me at 303-620-2900. Thank you, GregorGregor�rtso�� Au. ee 45 '56. 1I/ Property Closer lotion UNIFORM RESIDENTIAL APPRAISAL Rlttt+OR I File No,'3i710819591 Property Address 1904 Glenna Court citt_Erie (zip code) state Co _ Zip Code 80516 _ tes, Weld County ceun_ttWeld X08105011 Tax Year 1993 R.E. Taxes $2,100, 00 Special Assessments Snone kwn Dwayne Bowe Projec�pe E] Legal Dessripilon Lot 9, Block 4, Park Land Esta Assessor's Parcel No. Weld Parcel t'J 146 Borrower Gregory go ertson Current Owner Property right'saporelsed X Fee Simple I Lleasehold J Neighborhood ar Protect Name Park Land Estates Safe Price E 227.000 Date Lender/Client Prudential Home Appraise Car Location Urban Suburban Rural Predominant Single family housing Present land use % Built up Over 75% 25.75% Under 25% occupancy PRICE AGE One family 71 Growth rate Rapid Stable Slow Owner 150 Low new 2-4 family 0 Property values Increasing Stable Declining Tenant X50 High 20 Multi-tar-Filly0 Demand/supply Shortage In balance Omrsupply Vacant (()-5%) Predominant Commercial 0 Marketing time Under 3 rays. X 3-4 mos. Over ¢ mos, vaam (over 5s) 200 1 1 'vacant) _ 29 Note: Race and the racial composltton of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: See Attached Addendum. Anderson. RAA n Occupant• n owner Tenant [] Vacant PUD D Condominium (HUDJiA onlyl___ _ HOA,$ 30.00/Mo. Map Reference 2080msa Census Tract not on map,_ of Sale 10-30e:94 Description and $ amount of loan chareej/concess(ons to be paid by seller none in contract Mortgage Address 100 S. 5th Street., Minneapolis MN 55?!02 Address7037 S. Newland Street. Littleton, Colorado 80123 Land use change Not likely [] Likely In process To: vacant to res_____4 • . . _._. _ ...... ____...._ ........_._-...y -. ..._ r.v,,..'.,va n. ,,,o ,..,,ynuvn,VVV kv.,,, „,l„y N C',I,i,Vy„Iv,li aim anICInuCO, C,Uriuy111Cri1 Raul Uy, -ppeai to maracer, e[c.)- See Att hed Addendum. Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time - - such as data on competitive properties for sate in the neighborhood, description of the prevalence of sales and financing concessions, etc.): See Attached Addendum. Project Information for PUDs (If applicable) - - Is the developer/builder In control of the Home Owners' Association (HOA)? U YES © NO Approximate total number of units in the subject project 91 / 65bu i 1 t . Approximate total number o units for sale in the subject project 1 Describes mmorrelemenlsandrecreationalfadiilies•4000' runway ava�at�an fuel facility on west side of runway Dimensions an irrefular shape, refer to the attached surv�ey_caoy Topography Basically level Site [J area -2 acres in size Corner Lot Yes 1X. No Size Typical for area Specific zoning classification and descriptlon for single family detached houses Shape Irregularly shaped Zoning compliance ®Legal Legal nonconforming (Grandrathered use) CD Illegal UI No zoning Highest & Crest use as heir ved: Present use (1 Other use (explal1 Drainage Appears adequate View West to mountains Utilities Public Other Electricity _ Off -site Improvements Type Public Private Street gravel Landscaping Typieal,average _ Driveway Surface Concrete Gas in street _ Curb/gutter none Apparenteasements Utilities & HOA ' Water Sidewalk none FEMA Special Flood Hazard Area Yes tNo FEMA Zone _ C Map Dale 928--82 Sanitary sewer septic Streetlights none Storm sewer none Alley None a_ FEyla gpjjo. 0802660935 C,3-28-82 Comments (apparent adverse easements, encroachments. special assessments, slide areas, illegal or legal nonconforming zoning, use, etc.): See Attached Addendum. GENERAL DESCRIPTION No. of Units One EXTERIOR DESCRIPTION Foundation concrete FOUNDATION slab bat floor BASEMENT Area Sq.Ft. 1900 INSULATION Root ____C i Ceiling mold. Walls Cncld._ X Floor _____ None Unknown____ _ _ No. Of Stories One ExterlorWails brick cravfispace lone %Finished none _ Ceiling n/a____ Walls concrete,__ Floor concrete Type(Det./Aft.) Detached Roof Surface comp. Basement full Design (Style) Ranch Gutters a Dwnspis, pntd metal Sump Pump no evid u Existing/Proposed Existing -Window Type wood&metal Dampness drygjinSp Setlfemenl no avid. ,_ Infestation no avid. Age (Yrs.) Act; 13 stormiscreens db glass Outside Entry yes , to_____ south side Effective Age (Yrs,1 13 anufactured .use No • o or , , ,Itg(te_n Den F$Rtjjy Pm, Res.Pm. $edrooms # oaths Laundry Other Area Ult.__ : Basement —.-_______r_ .._... r -..._... 2 _.. x_.____.. _ .p s..,.. . _._ _ ____1,_990 1 ,245 _ 0 L]._—, • Level 2 x x x x - _ x _-3___ • 0 F I • • , a+ ,, ; ..m dro• f 2 :ath • 1 •4 S'uar Fee or Gross ivin ea INTERIOR Materials/Condition Floors gAratts.fair HEATING Type FWA KITCHEN EQUIP. Refrigerator ATTIC None AMENITIES Fireplace(s) /ID, , Bs ® CAR STORAGE: None O • Walls Drywall., vg -Fuel Elect. Range/Oven Stairs Patio Garage # of cars Trim/Finish Stn/pntiavg CenditionAVg._ Disposal n Drop Stair _______. Deck rear Attached two.__ Bath Floor Vinyl.8v13 COOLING Dishwasher Scuttle Porch front Detached Bath Wainscot Ceramic.avg Central none Fan/Hood nFloor Fence parttial__ Built -In Doors Hollow,avg Other none Microwave I Heated Pool _____ Carport carpet is dated & worn _ Condition— Washer/Drye( ill Finished I _______! hydrant Il ,,,_ _. _ Driveway concrte Additional features (special energy efficient Items, etc.): Partial fencing, deck at NW corner, 2 fireplaces_, innercom. _ _ partial sprinjkler. 48x48 hangar for_personal airplane. . _ Condition of the improvements, depreciation (physical; functional, and external), repairs needed, quality of construction, remodeling/additions, etc.: See Attached Addendum. _____.__..______ _.____ _____. _.___. Adverse environmental conditions (such as, but noI limited lo, hazardous wastes, toxic substances, etc.) present in the improvements. on the site, or in the immediate vicinity of the subject property: See Attached Addendum. _ _ rreddle she corm 7a 6-93 PAGE 1CF2 „n•Wa.w. Cn..(.•., r,sn,,,'.m ,KW iu tAki1 Fannie Mae F.,e, ?MI 6.43 Valuation Section UNIFORM RESIDENTIAL APPRAISAL RLr•ORT ESTIMATED SITE VALUE ESTIMATED REPRODUCTION COST -NEW OF IMPROVEMENTS: Dwelling 1,,45 Sq. Ft. e a o 00 • $ 97,250 Bacot. 1900 Sq, Fl. e $ 15,00 • 20,19.9. ww.wo.2frpls,appls,ic,EFWA • _ 20,000 Garage/Carport 425 sq. Ft e $ 15.00 • 9.375 .$ 50.000 3558356 File No. 3/301911 Comments on Cost Approach (such as, source al cost estimate, site value, square tool calculation and for HUD, VA and FmHA, the estimated remaining economic life of the property): The cost approach is based, IN PART, on cost estimates from Marshall and Swift fisidential Cost Handbook. The sketch i s .,....•.,r,.•,•,. vw, r,•w • S 17]. 1 4 attached separately. The site Value yr Lisa Physical • Functional External estimates acreage value at approx. $30000 Depreciation Z3.269 $0 $0 • s 23.269 for unique.airpark residential community. Depreciated Value of Improvements • $ 131.856 'As The Site improvementsappraiser's -Is" Value of Site Improvements• $ 50.000 _include rough total estimate for �INDICAj D VALUE ITY COST APPROACH • $ 211.900 deck .septic fenc ing. 48x48 hangar.sprinkler. inkler, ITEM 1 SUBJECT COMPARABLE NO. I 9 COMPARABLE NO..2 COMPARABLE NO 1904 Clemma Court Address Erie (Zip cOde)�fx 4627 Betty Place 1664 Sandy Circle .3 4949 Weld Cty Rd.#5 Proximity to Subject i • ₹s > + 7 blocks distance + 3 blocks distance +- blocks distance Sales Price $ 227,000>.: $ 240 000 ., $ 2�5a000 :$ 249000 Price/0rosa Liv, Area .1.._ 11 b , 71 � $ 113.5'1 t� ... `_ r' r ;: $ 100.00 0. >> ::`.`..• $ 134.16 07:41.e.'..' Dais and/or Verification Sourqg inspection ofmis subject sold #811250 in metro Denver MLS mis sold #1.10886 in Boulder/Lng_mont MLS mis sold #L12036 in Boulder/Lngumnont VALLEADJUSTMENTS MLS D SCRIPTION DESCRIPTION Ad' a+m DESCRIPTION Salee or Financing Concessions .�Ni ._,.. _�t':i.t__�?ent A' Iment DESCRIPTION n•noe conv,no sellr : conv,no sellr points paid "•i')1mp_s_Imeol^-- conv,no sent': Dale ol Sale/Tlme K� o 111128 '4 4 10-7-94,41dm : no adj_t4-29-918dom _,points no adj paid 10-27 94.62dm no adj,Location Park Land Park Land _ Park Land _ Park Land Lea selloldifeeSimi' Fee fee fee Site 2.2 acres 2.3acres no adj 2.4 acres _fee no adj 2.9acr,similr no adj View Mntns.typieal,Mntns.aimilar Mntns,simllar Mntns.similar: Dolan and Appeal Ranch,avg ranch,avg _ cont,good --5000 ranch.avg no adj, 4uatltro(Construc1on brick,avg BrFr.good below frame,good below BrFr.good below Aq4 act:13 act:2 -10_,000 aet:2 —10_3.000 act:8 —7,500 Copdillon ays:;,exterior avg,exterior avg,exterior avgrexterior in Above Grade Room Count Gross Living Area Total : Berm, Baths Total : edrm, OMNI robl ,Irma ' Balh, _ Tola1 : Bdrm : Balh, 7 : 3 2. 7 : 3 2.5 -1,000 8 , 3j 2.1, -1,000 7 3 2.5, -1,000 1 .945 Sq. FL 2,114 sq, Ft. -4,200 2,550 sq. Ft. —15 1, 00 1 4 856 So. Ft. +2,200 Baselment19nlelwd Rooms Below Grade 1900 Sq.Ft. Unfinished none,has only crawl space +9,000 13005f ,none finished — +1_00 • 1856,none is finished - Functional Utility average average _ average average no adj • }leatInq/Cgollnq EFWA,no air gfwa,cent air -2,000 gfwa,cent air -2,000 gfwa.no air U Ener. Mc n l :ms d: :lsdr insuldb Rlsdrinsul db glsdrinsul__, db gls&insul Garage/Carport 3 car att gar3 car garage_ -3,000 2 car gara_ge 2 car garage Porch. Patio, Reek, Flreolace(sketc, dk,sp,fe,hngrsp,hngr,pa,fe 2 frpls one fireplace +1,500 sp,hngr,simil one in LR , +1.500 hngr,pa,simil one in FR no adj Fence.PooLett ww.wc,ds.dw,sww.wc.ds,dwA _ ww,wc,ds,dw.s_ ww,wc,ds,dw,s f fair ct av ood u rade -5 000 ood_,•,u rade -5,000 u� rade -5.000 Net Ad. total 4>` 4 #<, g r L$ 1400 .7 s 28,600 �oo,d, I + iXl :$ 11,300 Adjusted Safes Price of Comparable < ` G`pes:14,9 >.,.: ,>> :...jami »�_r 1 $ 225,300 Gro$s.1u.7` fig :' Ts 226.400 _l Cross. '6.3 Net: -4, 5 $ 237.700 RECONCILIATION APPRAISER: 00a.it Signature C, LK,l ' ��'1♦cQ�L'3L'G'� Name Carl H, Anderson, RAA Date Report SIgned 11-30-94 State Certification I CRO1313202 Or State License I Comments on Sales Comparison (Including the subiect property's compatibility to the neighborhood, etc. ): The comps. are all deemed to be as logical and reasonable of alternatives to the subject for the typically informed and motivated buyer for the subject as are currently available. Attached to this report is a comment addendum which provides more comments on the comps. and the adjustments shown on the :rid. he sub ect is considered to be adequately compatible to the neighborhood and it is neither an overimprovement nor an under improvement _ ITEM _ SUBJECT COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE NO.3 _ _ Date, Price and Data 6-26-86 as shown above as shown above as shown above Source for prior Bales $116500 within Year of appra)sal Analysis of any current agreement of sate, option, or listing of the subject property and analysis of any prior sales al subject and corllparables within one year of the date of appraisal: The appraiser has been provided wihth copy_ of contract of sale on the•subject:propertyr as of the effective date of this appraisal . INDICATED VALUE BY SALES COMPARISON APPROACH. .11728.14 .. ..... .. .... .................... .. . $ 22 000 INDICATED VALUE BY INCOME APPROACH(II Applicable) Estimated Market Rent $ N/A /Mo, x Gross Rent Multiplier N/A • $ _._ _ N/A This appraisal Is made LIU "as Is" LJ subject to the repairs, alterations. inspections or conditions listed below r subject ro completion per plans and specifications. Conditions of Appraisal: The subject is appraised "as is", _ CURRENT CERTIFICATION OF SEPTIC SYSTEM IS RECOMMENDED. FInalReconcliiatfonThe sales comparison analysis is considered to be the best indjcation of the subject's fair market value as of this effective date.The cost approach tends to be supportive of sales comparison conclusion. The GRM approach is not used to to insufficient GRM data. The purpose of this appraisal Is to estimate the market value of th 1 real property lhal is the subject of this report, based on the above conditions and the certification, contingent and limiting conditions, and market value definition that are stated In the attached Freddie Mac Form 439/Fannie Mae Form 10040 (Revised _6/93 ). I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS !WPM r, AS OF J1.7.2 8.:-_9!1_ (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 22T ,000 SUPERVISORY APPRAISER (ONLY IF REQUIRED): Signature • Name _ Date Report Signed Stale Co Slate Gertirication k^ State Or Stale license w Ej Did O Did Not inspect Property State Slate Fr,ddi, Mu Form 70 8193 Certified Residential Appraiser Colorado tn, Fr 0,11(,4 w IM 401.4I.401.4I.x.rE ?M,.i «r..- ,,., Fannie M. Form 1001 6/93 orm . .n '7MI 7te.tPM cr 2 2 a 5 9 °� 1 81 t,2 11.'91� cC 81 in II Adjustment Noe I. Oa] 3=� f ,o I J cc P I I ad I J P I .�, I I J I a° 14 to c Garage Out bldg LP �c 5 $A 8-13 Bsmt Size Bsmt Fin Plumbing aM_ ±--j- 4j'- a.,,,,____.' - _� _'2- � M Sq. Ft. Imps -9- IQ t N1 1,1 ti - 4 IQ tn Style Year Built Quality Land Size Land Value m� Rig Sales Date Sales Price Adj Sales Price Cr J� -71 vek 64 Q Yq 64 Q Q 1,7 PIN # Address Subject 19O4 CU�mmi cn- 13.E r -i- 0 Aa Q 7 U - & a v U ,it p) Comp #3 p u Ca`'ke QuE Qt i2uST Comp #4 PkAse4lo(E140 U I� r r Sales Comparables jilt Y Sq. Ft. Imps Plumbing Bsmt Size Bsmt Fin Garage Out bldg Adjustment Value Sq Ft. 013° S Ara o -1 Z Zr) HSE + 37_.5(o obis - 17-7z1 TOTAL - IlA25- l' itYPi 1_Ar0b - z4tac7 BSS. - usl.5 'rhrac - A r t IO LAIUD -Id Elsa - Lit 107!0 obis -713p To i At - 535fj, tP Later, - this l-IsE 4cdsv3t0 TrirPtI t'LieleftritM16 Appraiser Date: i 6 drcat c c° Cn3 O 81 8' ka Adjustment , _ 3 Kir g 1 } J . F_ 9M ri - t 1 Garage Out bldg 1Q5 91, -J9J pi t4 -g cJ 45 IQ -4 in 05 NI Bsmt Size Bsmt Fin IL I 40 Ft. Imps Plumbing 2 t —N4 ti -& - Jza. $ co V) .9 00 vc kn 0 d) 175 0- P00 ij P u J C N 6 a J 1 1 — in p RI C�rOr — I -79 09. g I co 0 U ` n AcA2 2A \ EVst Sales Comparables — t Sq- Ft- Imps Plumbing Bsmt Size Bsmt Fin Garage Out bldg Adjustment Value Sq Ft. Oil 's 11 :ILLS KSC 4131at, cc3JS 4i1cLS TT -AC. 449 % 7Q1 tint? HC7 4-SgUIC, b13'S + 16QL1_ lbi +SOBS HS.ESi4 Oa'S +(flt% TorsL +1p1S9 5c1Dz° Appraiser Date: a YL2 W 2 0 O r N Q U, .t. 9 O 'off •i •• a •• ) ) M 7 C O O O 0 0 0 0 0 0 n- (f) sl• I • WO • . • „ ' flW • • ! z • ,�� 0 • r' t - • •v • o, 0 • 0 t ,- a,• ' •o 3 •N • • I 0 717 110 , I. i . . r-, 0 1 -- 1 rt. ,---..1 . - r - • m- i. • . ',,' _ I '� iA d■jDim a- �\ —'!cD � N o r O n. In 9110/01 "Elf 1v'u: CS n C" uiu -A • Cr, , i 'Cu, L� L f 1 o• v -u 0 0 O 0 0 rr 0000% a S S m o 0 O a cc M 09 N . •A • co 0 Q O O CC N v 0 2 0 O O U- 2 1 w Z. lam N 0 2T Y E Cs PR LAnib escalcS Hello