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
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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
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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
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