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HomeMy WebLinkAbout971585.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - ADJUST VALUE IN PART PETITION OF: D & D INVESTMENTS 1812 38 AVE GREELEY, CO 80634 DESCRIPTION OF PROPERTY: PIN: R2282286 PARCEL: 095912329007 - GR CWL-8 L8 COTTONWOOD LEISURE%2725 20 ST% 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, 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: Land Improvements OR Personal Property TOTAL ACTUAL VALUE ACTUAL VALUE AS DETERMINED ADJUSTED BY ASSESSOR ACTUAL VALUE $ 45,600 $ 45,600 317,382 323,013 $ 362,982 $ 368,613 971585 AS0038 RE: BOE - D & D INVESTMENTS Page 2 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; however, said appeal must be filed within thirty (30) days of this resolution: 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) 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. 971585 AS0038 RE: BOE - D & D INVESTMENTS Page 3 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 1st day of August, A.D., 1997. Board APPROVED AS TO FORM: s.i.tantC ty AttoAttorney U Q_ BOARD OF COUNTY COMMISSIONERS WELUNTY, CORADO f �! George Baxter, Chair 971585 AS0038 NOTICE OF ADJUSTMENT Oft,p; WIDc. COLORADO D & D INVESTMENTS 1812 38 AVE GREELEY, CO 80634 GR CWL-8 LB COTTONWOOD LEISURE&2725 20 ST% OWNER: D & D INVESTMENTS 07/02/1997 LOG 1680 PARCEL 095912329007 ACCOUNT R2282286 YEAR 1997 OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY, CO 80631 PHONE (970) 353-3845, EXT. 3650 The appraisal 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. 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 determined the valuation(s) assigned to your property. The reasons for this defemination of value are: DUE TO THE VOLUME OF APPEALS YOUR NOTICE OF DETERMINATION HAS BEEN DELAYED AND POSTMARKED LATER THAN JUNE 30TH. IF YOU WISH TO APPEAL YOUR VALUATION FURTHER PLFASE 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. THE ACTUAL VALUATION OF YOUR PROPERTY HAS BEEN ADJUSTED BASED UPON THE ADDITIONAL INFORMATION YOU HAVE PROVIDED. PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND IMPS 45600 328442 45600 317382 TOTALS $ $ 374042 $ 362982 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- 06(1)(a), C.R.S. Please see the back of this form for detailed information on filing your appeal. By: I5-DPT-AR Form PR -207.87/94 WARREN L. LASELL WELD COUNTY ASSESSOR 07/02/1997 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 Assessor's decision you must appeal to the County Board of Equalization. To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE JULY 15 FOR REAL PROPERTY, AND JULY 21 FOR PERSONAL PROPERTY. WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970)356-4000 Ext. 4225 NOTIFICATION OF HEARING: You will be notified of the time and place set for the hearing of your appeal. COUNTY BOARD OF EOUALIZATION'S DETERMINATION: The County Board of Equalization must make a decision on your appeal and mail you a determination within five business days. The County Board must conclude their hearings by August 5. TAXPAYER RIGHTS FOR FURTHER APPEALS: If you are not satisfied with the County Board of Equalization's decision you must file within thirty days of the County Board of Equalization's written decision with ONE of the following: Board of Assessment Appeals (BAA): Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303)866-5880. 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 Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4225 If you do not receive a determination from the County Board of Equalization, you must file an appeal with the Board of Assessment Appeals by September 11. 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 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 additional documents as necessary. WELD COU1YTY COLORADO OFFICE OF WELD COUNTY ASSESSOR 1400 N. 17TH AVENUE GREELEY, COLORADO 80631 D & D INVESTMENTS PIN NO: R2282286 ADDRESS: 2725 20TH STREET GREELEY, COLORADO 80631 MARKET REPORT: JUNE 30, 1996 1997 PROPERTY VALUATION $413,490.00 WELD COUNTY ASSESSOR'S OFFICE COMPARABLE MATRIX GRID PIN NO. ADDRESS CITY SCHEDULE NO. SALE DATE SALE PRICE TIME ADJ. S/PRICE LAND VALUE IMPS VALUE CHARACTERISTICS: YEAR BUILT NO. OF UNITS IMPS SF CONSTRUCTION QUALITY STYLE AMENITIES ADJUSTMENTS: AGE SIZE CONSTRUCTION QUALITY STYLE AMENITIES TOTAL ADJUSTMENTS: ADJUSTED IMPS VALUE: ADJUSTED VALUE PER SF: SUBJECT 2282286 2725 W 20 ST GREELEY 095912329007 $45,600 $317,382 COMP. 1 2131286 1126 26 AV GREELEY 095914104030 COMP. 2 2823986 1015 11 AV GREELEY 09610532003 COMP. 3 0142490 2141-49-57 28 S GREELEY 096118317068 05/29/96 $470,000 $471,410 05/01/96 $302,000 $303,812 $32,760 $438,650 $18,000 $285,812 10/04/95 $471,000 $483,717 $61,807 $421,910 1980 1970 1921 1969 12 12 12 14 9,444 _ 10,410 10,530 13,260 FR/MSNRY FR/MSNRY FR/MSNRY FR/HDBD AVERAGE AVERAGE AVERAGE AVERAGE APT <3STY APT<3STY APT <3STY APT <3STY $4,425, $5,896 $4,500 $3,458 AVERAGE SALES PRICE PER SF LAND OTHER TOTAL RECOMMEND: DENY $21,933 $42,1571 $23,205 ($24,778) ($27,856) ($97,880 $0 $0 $21,096 $0 $0 $0 $0 $0 $0 ($1,471 ($75 $967 ($4,316 $14,,22226 ($52,61313 ) $434,334 $300,038 $369,297 $31.77 $38.95 x 9,444 SF = $39.10 $367,890 $45,600 $0 $413,490 r Y Sli 1 1 sue o• sou ! ✓ ••• ..a. •• X ; L.7••••• •■� x xueiai i - - M.w--•w.. ■■ ■� 111•/•x1- E. •■ -Y• t =.� 1■ ■ ■:- 4p�Y -: u - • '••• • •IJ I" Ii Y• x •1 : I..xu. -• I.. .404 • 1.•400. u••.. w -� '• N . L Jy •x •. x•« Y" `'4 •. F n to `•• l.•0000.. Y ►«4 :V. `: x .•«�Y • "• '•1If • ;E: A. • if.•_ •.>..... .,Y..Y• e, , .Ji' 4 �j' •••• • . Y�:r,, r••..Y ! Y.e.Y Yuen Y• _ •°•a x °�� sn I •>Y.. • Y..Y .. om.;• - d .• .. .�.�v�+1 •Z_,• .. _e tOP .",o .1� i"" py !J� °• 0000 ':IY ,:� E .` '.. yw''• I'Y Y. x.� •••w •, aY •w �•? r• x as law x.• ... F . 4....4".�„ 9 y ••t,,.r t x 41. , • • : r a va • 5 ` s. Y. • a. .. • • w.Y - 1• • I a° G .. .. Y. O ••..Y• 0000,, a 00 .,'II• MIN • 1 ^4r �� , l .w Y.� n I.. r I •• .•• M •ur ,.. .u. I to • •••• ... .... Al -: : P L. P: . • =,. •• 0000 }_ ,.. - _ r • »•« . • 10. Y• !f 9 .x. 0000. I •,:..« • • •Y ... 4. 7. % .., 0000.«.. Y..... :4 • a _ �., •••••••• «. ..« ••• 0000 • 1": • B, 18141. w,It a NI 13 NM arr A A I••..M. A A ) w / WELD COUNTY ASSESSOR'S OFFICE COMPARABLE MATRIX GRID PIN NO. ADDRESS CITY SCHEDULE NO. SUBJECT COMP. 1 COMP. 2 COMP. 3 2282286 2131286 3052786 0273193 2715-2725 20 ST 1126-1128 26 AV 1207 13 AV 215 CHESTNUT ST GREEELY GREEELY GREELEY WINDSOR 095912329006 095912104030 096107108017 080721229039 SALE DATE SALE PRICE TIME ADJ. S/PRICE _ LAND VALUE IMPS VALUE CHARACTERISTICS: YEAR BUILT NO. OF UNITS IMPS SF CONSTRUCTION QUALITY STYLE AMENITIES: ADJUSTMENTS: AGE SIZE CONSTRUCTION QUALITY STYLE AMENITIES: TOTAL ADJUSTMENTS: ADJUSTED IMP VALUE: ADJUSTED VALUE PER SF: $91,200 $646,026 05/29/96 $940,000.00 $942,820.00 $65,520 $877,300 09/05/95 $750,000.00 $772,500.00 $76,000 $696,500] 01/19/95 $1,230,000.00 $1,334,550.00 $207,784 $1,126,766 1980 24 1970 1982 1971 - 24 30 38 18,888 20,820 26,394 35,262 FR/MSNRY FR/MSNRY FR/HDBD FR/HDBD AVERAGE AVERAGE _ AVERAGE AVERAGE APT<3STY APT <3STY APT <3STY APT<3STY $8,850 _ $11,790 $6,500 $17,500. AVERAGE SALES PRICE PER SF LAND OTHER TOTAL RECOMMEND: DENY $43,865 ($6,965) $50,704 ($48,300) ($187,650) ($409,350) $0 $34,825 $56,338 $0 $0 $0 $0 $0 $0 ($2,940) $2,350 ($8,650, ($7,375) ($157,440) ($310,957) $869,925 $539,060, $815,809 $46.06 $28.54 $43.19 $39.26 x 18,888 SF = $741,598 $91,200 $0 $832,798 m v O N w CO 0) O • -• O CD - 0) 0 r 0) C) C) 0) C) 0) CD > C) m CO CO m m CO CO CO O V CO O 0 0 0 CO CO CS) CO 00 N CO N- CO 0 O r CO CO CO 07 O O 'Q O 0 0 ✓ N N r N N (1) N 0 M ▪ CO CO 00) CO0CO00) 0) CO 0) 0) N N (O (0 CO CO NN -C r r r r O) a) C M M M ON- 0 ONNNN N 0 0 0 0) 0) 0 CO 0 0 CO (0 (7 00 0 0 r 0 0 N N CO C co (O N N Co r r Co OD N- O 0) N (n u) N- o v (— C CO 00)) CO0(D(D((00 (OD CD ((0 UDC) N CO 0 CO CO 0) M in th to 0 0 in 7 en V co 7 N'0; 0) co (n N v6 n O r N N M IC N O 7 en en en 7 V V V M M Tr a (0. ) r 1- CO 00 o M CO N W O (D CO O) (n CO N 0) (D gV (0 N- Co co co Z (7 0 C 0) (n CO 0 n O) 0) N. J en M NNNNNN Q Q M N W o W 2Q 14 096118317067 28 ST GRLY CO N N U7 r N 0) 7 1p-0 p 0 p 0) 00) N 096106414017 M 8 ST GRLY N 080720401004 M N 29 080720401003 810 tSTONE MOUNTAIN C M N M O 00) 00) 00) 29 080720401003 ocnui i MO STONE MOUNTAIN C 23 080720401004 95081t a 7 ST WIND 2 n 0• 0)) N V LO OD V 0 (0 O 0)) CO N- 000 Co O C7) C7 0 N CD CO 7 OOO CD (D CO CO CD N 0 0 0 N- 0 0 0 0 0 O 0 N. 0 N N N 0 O co `p, O O 03 M M CO N O) is Off) a n coNv0) N m 0 n (0 Co • OD Co U) Co Co Co CO # N O r r in V' V (n C en co 0 O oi N co co co a N O M 0 V 'ItCL CL CL W CL r r 46, COLORADO July 17, 1997 D & D INVESTMENTS 1812 38 AVE GREELEY, CO 80634 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.: 095912329007 PIN No.: R2282286 The Weld County Board of Equalization has set a date of Friday, August 1, 1997, at or about the hour of 8:30 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. 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. D & D INVESTMENTS - R2282286 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 Donald D. Warden, Clerk to the Board BY: Carol A. Harding Deputy Clerk to the Board cc: Warren Lasell, Assessor Hello