HomeMy WebLinkAbout951503.tiffRESOLUTION
RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO
PETITION OF:
C R GOULD & CO
1838 25 AVE
GREELEY, CO 80631
DESCRIPTION OF PROPERTY: PIN: R 0959886 PARCEL: 070931322004 - ETN 14103 L11
THRU 14 BLK44 EXC N8' L11 & EXC E109.3' OF S17' L11 & E109.3' L12 & PT L13 BEG
12.9'N OF SE COR N12.1' TO NE COR W109.3' SLY 9.18' SELY TO BEG EXC W30' TO HWY%3
OAK ST%
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 represented by Cherrill Gould, 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:
951503
AS0032
P n C �u
RE: BOE - C R GOULD & CO
Page 2
ORIGINAL
Land $ 16,469
Improvements OR
Personal Property 62.761
TOTAL ACTUAL VALUE $ 79.230
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)
951503
AS0032
RE: BOE - C R GOULD & CO
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 27th day of July, A.D., 1995.
BOARD OF COUNTY COMMISSIONERS
W COUNTY, COL RA
ATTEST:
Weld County Clerlfl
/J .. . fi-
BY
Deputy Clerk talth
]�•A
APPROVED AS TO FORM:
unty P\ttorney
Dale„K. Hall, Chairman
Barbara J. Kirkmey= , Pro-Te
FXCI JSFf1
George E. Baxter
FXCI ISFD
Constance L. Harbert
1j'
W. H. Webster L
951503
AS0032
774 -Pt- /
/e/o - cPo4
BOE DECISION SHEET
PIN #: R 0959886 PARCEL #: 070931322004
C R GOULD & CO
1838 25 AVE
GREELEY, CO 80631
HEARING DATE: July 27, 1995 TIME: 9:00 A.M.
HEARING ATTENDED? 4,1) NAME
AGENT NAME:
APPRAISER NAME 7),m
DECISION:
DECREASE IN VALUATION
INCREASE IN VALUATION
NO CHANGE IN VALUATION
ASSESSMENT RATIO
ACTUAL VALUATION
ORIGINAL SET BY BOARD
Land $ 1rt464
Improvements OR
Personal Property
Total Actual Value
67761
$ 79,230
(i%may/ 9/n/
$ 7q/Qre?
COMMENTS:
MOTION BY /�(7J TO ,�
/E SECONDED BY G() Baxter -- (Y/N.)-,j-/--
Hall --01)
YFailed to prove appropriate value Harbert(YiN)— L c
No comparables given Kirkmeyer--N)
Other: Webster---i)N_)
c51sa3
RESOLUTION NO._
WIOc
COLORADO
July 10, 1995
C R GOULD & CO
1838 25 AVE
GREELEY, CO 80631
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.: 070931322004 PIN No.: R 0959886
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of Thursday, July 27, 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.
C R GOULD & CO - R 0959886
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,
BOARD OF EQUALIZATION
Donald D. Warden,
Clerk to the Board
BY: rn U4 PICA CLI
Kim erlee A. Schuett, Deputy
cc: Warren Lasell, Assessor
NOTICE OF DENIAL
1400 NORTH 17th AVE.
GREELEY, COLORADO 80631
PHONE (970) 353-3843, EXT. 3656
' A
CO ORADO
C P GOULD & CO
1838 25 AVE
GREEL`."Y
ET N 14103 1.11 THRU 14 8LK44 EXC Nd1 LI I t- Fxc
c c-tl _ • L12 6 PT L13°A3CG
12 .9'N OF SE COP 1 12 .1 • TO NE COP W109.31 ,st- '
9.18* 5c=LY TO BEG EXC W:30• TO HWY%3 OAK ST$
3 OAK
OWNER C P GOULD G CC
CO 80631
PARCEL
P I N
YEAR
LOG
EA TON?
C-.
O7O931322_OO4
R O959896
1995
00303
O5/O2/1995
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):
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 fora 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:
YOUR PROPERTY HAS SEEN UNIFORMLY VALUED FOLLOWING COLORADO LAW ANT)
INSTRUCTIONS PUBLISHED BY THE STATE DIVISION OF PROPERTY TAXATION.
YOUR PROTEST OF VALUE HAS BEEN DENIED DUE TO COMPARISON OF OTHER
SIMILAR PROPERTIES WHICH SOLD DUPING THE 1993/1994 TIME PERIOD.
THIS COMPARISON SHOWS YOUR ACTUAL PROPERTY VALUE TO BE CORRECT FOR
THAT PERIOD.
PROPERTY CLASSIFICATION
LAND
I MP S
PETITIONER'S
ESTIMATE
OF VALUE
TOTALS $ LJ01 Fj u
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.
By:
WARREN L. LASELL
05/04/95
WELD COUNTY ASSESSOR DATA
Fo°mPR 207-67/94 ADDITIONAL INFORMATION ON REVERSE SIDE CC
ASSESSOR'S VALUATION
ACTUAL VALUE
PRIOR TO REVIEW
16,469
62,761
ACTUAL VALUE
AFTER REVIEW
16,469
62,761
$ 79,230$ 79,230
17
YOU HAVE THE EIGST TI) APPERT
E. ASSESSOR'S S '•w PRO
trei
APPEAL s ROCEOUR
p
t^IETD COEN I Y BOARD OF E OCAOSAfION
91h 10th Street, P.U. Box 755
Oreeiey, Colorado 50532
Teleprtrrne (9/0 356 49011. t,xi 1{275
NOTIFICATION OE HEARING:
You will be notified or the lime an >r,
COUNTY BOARD OF EOUAt IZA (TON'S D(: T HMl" TtET Y:
The County Board of E
',dimness days. The County Board must
TAXPAYER RIGHTS FOR FURTHER APPEALS:
P yeti re not satisfied with the County 130a` of Bid uallzMinn s Set; lien. you must.
County Board of Equalization's written decision with ONE of the folio ving':
Board of Assessment Appeals. (RAC):
Con a:. ti,e BAA at 1;513 She+v v3, Boo. 315, Denver, ;,C ? 4rv<
District Court:
9th Avenue and 9th Street, P.O. Box C
Greeley, Colorado 80632
telephone (970)356-4000. Ext. 4520
Arbitration:
WELD"COUNTY BOARD OF. EQUALIZATION
915 10th Street, P.O. Box 758
r'treeley, Colorado 80632
Telephone (970) 356-4000, Ext 4225
y
If you do not receive a determination from the County Board of Equalization you must file ar ardatfat with the Beard of
Assessment Appeals by September 18.
TO PRESERVE YOUR APPEAL HIGH tC)U MUST PROVE YOU HAVE. FILED A TIMELY zeirett=s i...
THEREFORE, WE RECOMMEND ALL CORRESPONDENCL BE MAILED WITH OrtOUr
PETITION 1O UHE CO'UN'T BOARD OF EQUALIZATION
V to .r, -
t,y TERMS ._
t ifiAC{'Z.s a' lift t ';i'. , 11 - ,. 'I a�
5c c' /S 009/c 6,6 �-o.v .41450
-.oTH #3 Of Lt. fide" Alt/ S O4K fici& /bee _ /34ro c,/cur's 7754.9 r-
REN-r &ft /cAl..Ly f15 L4)1%Ri.frFt(.PSF -rVPE -- #'3 CAic u)E Rte
To Ot.012SS/., (MI - f}S GotJLI PfRTs, r,1/4) e So TWt 2LN 7
I S • atT'E.-R-on 4A.JED ay PR.o P -r oQ LOSS, it's. C)6kC /S '2£/i�'Eb
Fok 4i 07S, PER CnoAr'/i "- WE P991/414505.. lelPAr2s,$JGc £rc. ply F&EL/
is TH£ 6/ oulut /s Pfeoa/Bey IOC he Mt Hio2£ Wit r -/-our (
OLrWITC S9/VeiS -- 13(i r Gbsr o r J>e./)yo a.7 5 o 4) W o (.,Lb % t-_
£XteL-nsty WIc M -- LIALgC of a 3 — 7o 4 Ilb /s- -- Pp o K
� . H. GOULD &. LU
CHERRILL GOULD
1 RIR 1STN AVF
GREELEY. s 80631
APRIL 29, 1995
MR. WARREN I,ASFI.I,
WELD COUNTY ASSESSOR
1400 N. 17TH AVE.
GREELEY, COLORADO 80631
DEAR MR. LASELL,
WE HAVE JUST RECEIVED OUR OF ALUATION ON OUR
PROPERTY KNOWN AS #3 OAK AVE. EATON AND #15 OAK AVE. EATON.
#3 OAK AT 18% INCREASE AND #15 OAK AT 35% INCREASE!! THIS
JUST ISN'T RIGHT! ! !
WE FEEL AS IF WE HAVE BEEN SINGLED OUT FOR INCREASES TO
OUR PROPERTY. WHY? OUR EATON PROPERTY HAS NOT INCREASED IN
VALUE. IT IS OLD AND LUCKILY WE PRIMARILY RENT TO OURSELVES SO
IT IS OCCUPIED.
# 3 OAK AVENUE. EATON WAS BUILT IN ABOUT 1928 AND WE HAVE
TRIED TO MAINTAIN THIS PROPERTY SINCE WE PURCHASED IT.
15 OAK AVENUE, EATON IS A BATCH OF OLD BUILDINGS THAT WE
PURCHASED FROM THE GTOODELL BROTHERS IN 1982 AND AT THAT TIME
THERE WERE QUITE A FEW OFFICES IN THE BUILDINGS. NOW, BECAUSE
WE FOUND THAT NO ONE WANTED TO RENT OFFICES IN AN OLD
BUILDING, THE OFFICES HAVE BEEN TORN OUT AND BASICALLY ALL WE
HAVE IS WAREHOUSE TYPE RENTAL SPACE.
OUR BUSINESS PROPERTY IN EATON HAS NOT INCREASED IN
VALUE. WE FEEL FORTUNATE TO RAVE IT RENTED.
PT .EASE REE VAI A LATE THIS PROPERTY.
I CAN BE REACHED AT (970) 352-8909. I WILL BE HAPPY TO DISCUSS
THIS WITH YOU.
SINCERELY
COB0O0,Eo HEARING
DATE: July 27, 1995
TIME: 9:00 A.M.
SUBJECT: C.R. Gould & Co.
ADDRESS: 3 Oak Street, Eaton, CO
PIN#: 0959886
I APPill I Sf ttVI,A1I ItIIAI'itIMt 15'(I'I I I P')A
SUBJECT PHOTOGRAPHS
Southeast elevation showing store front
COMPARABLE LAND SALES
SALE
NO.
GRANTOR/
GRANTEE
DATE OF
SALE
SALES
PRICE
CONTRIB.
SALES
PRICE
AREA
IN SQ
FEET
PRICE/
SQ
FEET
ADDRESS
SUBJECT
10,293
1
CD Land Co/
Town of Ault
08/15/90
20,000
9.380
2.13
221 1 St,
Ault
2
Rose Goodell/
Agland
09/15/94
75,000
80,000*
42.660
1.88
150 E Collins
Ave,
Eaton
3
Laverne
Nelson/
Agland
09/14/94
75,000
80,000*
24.769
3.23
35970 Hwy 85,
Eaton
4
Flamer/
Agland
10/19/88
64,000
32.980
1.94
55 S. Oak Ave,
Eaton
2* demolition costs $5,000
3* demolition costs $5,000
1 'N PI II. CS\COMMERCL\EROTES PS GOUT DI OS
AULT ii MILES NORTH
A
To
Location Map j
CC C
o,Sr Sr/
TOWN OF
EATON, COLORADO
PRELIMINARY REPORT ON
STREET IMPROVEMENTS
5e r64'aen /964
LEGEND
a no
•
erma/r .w
e
Parcel Number .
Property Owner .
Address
City, State, ZIP:
Surveyed by
Date of Survey .
0709-31-3-22-004
CR Gould
3 Oak St
Eaton, Co 80615
D Schildmeier
6/27/95
Occupancy: 67% Warehouse, Storage, 33% Retail Store
Floor Area: 6,431 square feet Number of stories: 1.0
Class: Masonry Average story height: 12.0 feet
Cost rank: Average Effective age: 34 years
Cost as of: 6/94
Heating and Cooling:
Space Heater
Package Unit
Other features:
Units
67%
33%
Cost Total
Basic structure cost 6,431 32.28 207,593
Less Depreciation:
Physical and Functional
Depreciated Cost
<55.4%>
<115,006>
92,586
Miscellaneous:
Land
Total
16,469
109,055
Rounded to nearest $10,000 110,000
Cost data by MARSHALL and SWIFT
U)
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Co
W
a
H
W
ft
COMP 6
COMP 5
-ROUNDED TO 16.00 14.00 15.00
COMP 3 COMP 4
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4,725
50,275
3,375
14.90
212 1 ST
EATON
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32,375
15.45
COMP 1 COMP 2
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1920 2,232
15.82 14.27
209 1 ST 206 1 ST
EATON EATON
1920 1914
AVG AVG
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CONDITION
QUALITY
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OFFICE
NET ADJ ADJ
SALES PRICE
,A J S/P'OF IMPS
INDICATED VALUE
PSF
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LOCATION
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I vwPftLES,COMMEACL,PROTE
COMPARABLE SALE
309
PARCEL #:
70931319024
PIN: 0956086
ADDRESS: 209
PROJECT:
SALE DATE:
SALE PRICE:
GRANTOR:
GRANTEE:
YEAR BLT:
BLDG SIZE:
CLASS:
CONSTRUCTION-QUAL:
WALL HEIGHT:
STORIES:
BSMT SIZE:
LAND SIZE:
LAND VALUE:
OCCUPANCY: RETAIL
1 ST EATON
0
12/15/92
$33,400
WILDER F.A.
4334 CO
1947
1,920
C
LOW
14
1
1440
2160
3024
BOOK #:
RECEPTION #:
ADJ SALE PRICE:
LAND/BLDG RATIO:
PR/SF(IMPS):
PR/SQ FT:
CASH DOWN:
LOAN:
INTEREST RATE:
LOAN TERM (YRS):
POINTS PAID:
BY WHOM:
REMARKS: PUBLIC TRUSTEE DEED 12/92 39,000. SALE
TO EXPAND OFFICE INTO ADJOINING BLDG.
PREVIOUS SALE 10/83 $45,000
1363
2315276
1.13
$15.82
$17.40
$33,434
0
0.0%
0
0
0
COMPARABLE SALE
1073
70931324019
PIN: 0963586 PARCEL #:
ADDRESS:
SALE DATE:
SALE PRICE:
GRANTOR:
GRANTEE:
CONSTRUCTION-QUAL:
PR/SF(IMPS):
PR/SQ FT:
LAND SIZE:
LAND VALUE:
LAND/BLDG RATIO:
REMARKS:
OCCUPANCY:
206 1
02/28/92
$35,000
HANSEN PATRICIA
BORMANN BRUCE &
LOW
$14.27
$15.68
2,250
$3,150
1.01
RETAIL
ST EATON
BOOK #:
RECEPTION #:
ADJ SALE PRICE:
BRENDA
BLDG SIZE:
YEAR BLT:
CLASS: C
WALL HEIGHT:
BSMT SIZE:
1327
2279782
2,232
1914
14
0
COMPARABLE SALE
1069
PARCEL #:
70931324021
PIN: 0963786
ADDRESS:
SALE DATE:
SALE PRICE:
GRANTOR:
GRANTEE:
CONSTRUCTION-QUAL:
PR/SF(IMPS):
PR/SQ FT:
LAND SIZE:
LAND VALUE:
LAND/BLDG RATIO:
OCCUPANCY:
212 1
04/07/92
$175,100
RIEGEL WM & BERTA
EATON BANK
LOW
$14.90
$16.30
3,375
$4,725
1.00
ST
RETAIL
EATON
BOOK #:
RECEPTION #:
ADJ SALE PRICE:
BLDG SIZE:
YEAR BLT:
CLASS: C
WALL HEIGHT:
BSMT SIZE:
1331
2283879
$55,000
3,375
1909
14
2250
REMARKS: APPRAISAL FOR BANK $51000.AFTER SALE NEW ROOF
COST $7800, SIR LEASE 700/MO START 5/92
NET 7200/YR OR 2.13 PSF
COMPARABLE SALE
327
PARCEL #: 096105213012
PIN: 2787286
ADDRESS:
PROJECT:
SALE DATE:
SALE PRICE:
ADJ SALE PRICE:
GRANTOR:
GRANTEE:
YEAR BLT:
BLDG SIZE:
CLASS:
CONSTRUCTION-QUAL:
WALL HEIGHT:
STORIES:
BSMT SIZE:
LAND SIZE:
LAND VALUE:
OCCUPANCY:
125 8 AVE
0
07/29/94
$118,000
BEST CAR BUYS
DEATON, KYLE
1964
6,944
C
AVG
16
1
0
32,641
24,481
SER GAR
GREELEY
BOOK #:
RECEPTION #:
LAND/BLDG RATIO:
IMPS PRICE/PSF:
SALE PRICE/PSF:
CASH DOWN:
LOAN:
INTEREST RATE:
LOAN TERM (YRS):
POINTS PAID:
NEW
1453
2400565
4.70
$13.47
$16.99
$29,500
10.0%
7
0
REMARKS: OFFICE 1,120 SF 16% WALL FURNACE EVAP COOLING;
SERVICE 5,824 SF NO CEILING NO INSULATION
SPACE HEAT. FENCED YARD NEW ROOF COVER 1994.
COMPARABLE SALE
267
PARCEL 4:
96105407001
PIN: 2835186
ADDRESS:
PROJECT:
SALE DATE:
SALE PRICE:
ADJ SALE PRICE:
GRANTOR:
GRANTEE:
YEAR BLT:
BLDG SIZE:
CLASS:
CONSTRUCTION-QUAL:
WALL HEIGHT:
STORIES:
BSMT SIZE:
LAND SIZE:
LAND VALUE:
OCCUPANCY: WHSE
610 5 AVE GREELEY
0
03/22/94
$180,000
BOOK 4:
RECEPTION 4:
GID GATES & RAY TIMBERS
MICHAEL SHOLDERS/EDEN ENTERPRISES
1965 LAND/BLDG RATIO:
18,518 IMPS PRICE/PSF:
S SALE PRICE/PSF:
AVG CASH DOWN:
14 LOAN: NEW
1 INTEREST RATE:
0 LOAN TERM (YRS):
27,500 POINTS PAID:
17,875
REMARKS: GRANTEE LEASES SUBJECT BACK TO COMPANY
GRANTEE OWNS.
1432
2379653
1.49
$8.75
$9.72
$20,000
8.0%
5
0
COMPARABLE SALE
291
PIN: 3321586 PARCEL q: 96108408001
ADDRESS:
PROJECT:
SALE DATE:
SALE PRICE:
ADJ SALE PRICE:
GRANTOR:
GRANTEE:
YEAR BLT:
BLDG SIZE:
CLASS:
CONSTRUCTION-QUAL:
WALL HEIGHT:
STORIES:
BSMT SIZE:
LAND SIZE:
LAND VALUE:
REMARKS:
OCCUPANCY:
500 18 STREET
0
04/08/94
$185,000
DWD
PLATTE CHEMICAL CO
1977
13,985
C
0
18
1
0
0
0
WHSE
GREELEY
BOOK #:
RECEPTION if:
LAND/BLDG RATIO:
IMPS PRICE/PSF:
SALE PRICE/PSF:
CASH DOWN:
LOAN:
INTEREST RATE:
LOAN TERM (YRS):
POINTS PAID:
0
0
0.00
$13.23
$13.23
$185,000
0
0.0%
0
0
TRANSFERRED BY BILL OF SALE. IMPS ONLY SALE.
SALE BASED ON 2 FEE APPRAISALS DATED 7/90
FOR $182,500 & $180,000. BLD 001; CLASS C;
6065 SF; 16' WH; BLDG 002; CLASS D; 7920 SF;
18' WH.
COMPARABLE SALE
1021
PIN: 2765386
ADDRESS:
SALE DATE:
SALE PRICE:
GRANTOR:
GRANTEE:
CONSTRUCTION-QUAL:
PR/SF(IMPS):
PR/SQ FT:
LAND SIZE:
LAND VALUE:
LAND/BLDG RATIO:
PARCEL #:
OCCUPANCY:
115 E 4
06/13/91
$143,500
J C CONSTRUCTION
SHUPE, CURTIS L.
0
$13.82
$15.94
63,598
$19,079
7.07
96104202006
SERVICE GARAGE
STRD
GREELEY
& HEIDE R.
BLDG SIZE:
YEAR BLT:
CLASS: S
WALL HEIGHT:
REMARKS: BANK LOAN -$9500 DOWN, 10% LOAN, 15 YRS
9,000
1979
16
PIN: 0959886
PARCEL: 0709-31-3-22-003
PROPERTY OWNER: C R GOULD & CO
ADDRESS: 3 OAK STREET, EATON
OCCUPANCY: RETAIL 33% WHSE 67%
QUALITY OF CONSTRUCTION: AVERAGE
CONDITION: AVERAGE
YEAR OF CONSTRUCTION: 1921
GROSS AREA
RENT PER SQUARE FOOT
POTENTIAL GROSS INCOME
LESS VACANCY
EFFECTIVE GROSS INCOME
LESS EXPENSES
NET OPERATING INCOME
OVERALL CAP RATE
ESTIMATE OF VALUE
TOTAL ESTIMATE OF VALUE
1 ` NTRLtSCONIMERCLWHOTF5TS,C0.OOVI D ns
RETAIL
2,096
3.30
6,917
5%
6,571
20%
5,257
12%
43,808
WAREHOUSE
4,335
1.40
6,069
5%
5,766
15%
4.901
12%
40,842
84,650
RETAIL RENTAL
Rental Building Name
No. and Location
Rentable Area Year Rate P.S.F. Most Recent
in Sq. Ft. Const. Rentable Area Lease Date
Subject C R Gould
3 Oak St, Eaton 2,096
1 Big A Auto Parts
212 1 St, Eaton 3,375
2 Rachels Sports
121 1 St, Eaton 1,050
3 Sensations by Carla
117 1 St, Eaton 600
4 Payant Center
360 Oak St, Eaton 4,032
1921
1909 2.49
1896 2.29
1910 3.30
1978 7.33
1992
1993
1993
1990
WAREHOUSE RENTAL
Rental Building Name Rentable Area Year Rate P.S.F. Most Recent
No. and Location in Sq. Ft. Const. Rentable Area Lease Date
Subject C R Gould
3 Oak St, Eaton 4,335 1921
l Henry Machine
405 I St, Pierce 5,280 1984 1.82
2 Moreta Parts
501 1 Ave, Greeley 7,800 1976 2.00
3 Comer Bldg #4
121 6 Ave, Greeley 13,176 1977 2.20
4 Corner Bldg #7
121 6 Ave, Greeley 13,000 1992 2.01
5 Nor. Colo. Scale
10 Oak St, Eaton 10,368 1927 1.39
1990
1989
1992
1992
1994
Hello