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HomeMy WebLinkAbout951511.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO PETITION OF: WEBER ALBERT & GLORIA 2010 46TH AV #A-1 GREELEY, CO 80634 DESCRIPTION OF PROPERTY: PIN: R 0154687 PARCEL: 095914216001 - GR 1VAF-A1 LOT A-1 THE VILLAGE AT FOXHILL TOWNHOMES 1ST FILING 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 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: 951511 AS0032 PC S, .1 -t RE: BOE - WEBER ALBERT & GLORIA Page 2 ORIGINAL Land $ 17,750 Improvements OR Personal Property 152.679 TOTAL ACTUAL VALUE $ 170.429 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) 951511 AS0032 RE: BOE - WEBER ALBERT & GLORIA 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 ATTEST: tIr Weld County GIerk the J3pard D COUNTY, CO • " �O BY Dale K. Hall, Chairman Kra,( p'ard FXCIISFf George E. Baxter APPROVED AS TO FORM: (AA ty Att n {Cut -44±4_,) FXCI 'SFr) Constance L. Harbert W. H. Webster (' 951511 AS0032 r J,_/ BOE DECISION SHEET PIN #: R 0154687 PARCEL #: 095914216001 WEBER ALBERT & GLORIA 2010 46TH AV #A-1 GREELEY, CO 80634 HEARING DATE: July 27, 1995 TIME: 10:45 A.M. HEARING ATTENDED? Y ) NAME AGENT NAME: APPRAISER NAME 1-7/12-71-t-e:va, DECISION: DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION ASSESSMENT RATIO ACTUAL VALUATION ORIGINAL SET BY BOARD Land $ 17,750 $ is /7'5"O Improvements OR Personal Property 152,S7(1 Total Actual Value $ 170.429 COMMENTS: MOTION BY 73 /7 TO / ),---/- SECONDED BY 3 7,62 Baxter -- r--I-- Hall -- N) Failed to prove appropriate value Harbert -- C----A- No comparables given Kirkmeyer - ) Other: r °o`�� Webster -- ) /r, get $ /17O, va9 RESOLUTION NO._ 451511 fir., 11110e. COLORADO July 10, 1995 WEBER ALBERT & GLORIA 2010 46TH AV #A-1 GREELEY, CO 80634 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.: 095914216001 PIN No.: R 0154687 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Thursday, July 27, 1995, at or about the hour of 10:45 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. WEBER ALBERT & GLORIA - R 0154687 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 totheBoard BY: �l wt.lWPj It 6 rJ W Kimb rlee A Schuett, Deputy cc: Warren Lasell, Assessor NOTICE OF ADJUSTMENT 14(X) NORTH 17th AVE. GREELEY, COLORADO 80631 PHONE (970) 353-3845, EXT. 3656 COLORADO GR 1VAF-A1 LOT A-1 THE VILLAGE AT FOXHILL TOWNHOMES 1ST FILING 2010 46 AV 1 GREELEY OWNER WEBER ALBERT 6 GLORIA WEBER ALBERT GLORIA PARCEL 095914215001 PIN R 0154687 2010 46TH AV 1*A-1 GREELEY CO 806 34 05/15/1995 YEAR LOG 1995 01602 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 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: AN ERROR IN YOUR VALUATION HAS BEEN CORRECTED AND THE VALUE HAS BEEN ADJUSTED AS SHOWN BELOW. PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND I MPS TOTALS $ /�—�� ccp $ 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. 17,750 181,078 17.750 152.679 By: WARREN L. LASELL WELD COUNTY ASSESSOR 5-DPT-AR "rm PR -207-87/94 198.82,3$ 170.429 06/29/95 DATE ADDITIONAL INFORMATION ON REVERSE SIDE',.` 143 85 YOU HAVE THE FIGHT to APPEAL 'tHE ASSESSOR'S DEC iiAO The County Board of Equalization will <sit to hear iipne.:fis real property (land and ouii irajs) and pei tor:_ i 39-8.107(2). C.R.S. APPEAL PROCEDURES: if you choose to appeal ,.'a Assessor if'"i�..., :sr . ) ,':li .. :'y buc.'. .. yoof rIght to appeal. your app - al ,•.?ii".::F : , r i .. ILK)PE k i.Y, AND JULY 20 f C)ri f7t.F? =t sf`itil n�fti�ti=� n l .'i beginning and r.o41t;r1:.E;nCs Atigtit-.t turni.:.tiinc s. machinery...:: ti .. 39-3-1 )4 ai:d • 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 I"it.a: tic) 'ot your appeal. • COUNTY BOARD OF EQUALIZATION'S DE.TERMtNATU1N: The County Board of Equalization must make a decision on your appeal and mail you a deter•ninat ..ri .T.i r•�' f"; ? �i:siness days. The County Board must concludc: their ht::arings by August 5. TAXPAYER -RIGHTS FOR FURTHER APPEALS' .r , t If you are not satisfied with the County Board of i..'.otiafr.-ati..ri s decision ' oar mu.Et'file within triirty ,:say:, -.-)f the County Board of Equalization's written decision, will,' ONE :f the•fotiowirig • Board of Assessment Appeals BAA): Contact the BAA at 1 3 3 3 She: mart, t'foi:•ti: 3 ! 5, )enter, olona .'.1 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 (910) 3:i6-4000. Ext. 4225 If you do not receive a determination from the County Board of Equalization, you must file an appeal with the ,5,,,!r+.i o Assessment Appeals by September 18. TO PRESERVE YOUR APPEAL RIGHT. -YOU HAVE FILED A TIIVME:L r API--.EAi_: THEREFORE, WE RECOMMEND ALL CORRESI-,,ONL:.i,:J'4CE BE MAILED WITH PROOF OF iw?A :..-' O. PETITION TO THE UN t Y BOARt.:; OF EQUALIZATION ir. ;r!+„ soact,: below, please t.'xp ai. .;f"+. you ;;r ., IN,.i.:•.. ,i.• �� �¢•`ti 0€(1 5). CP9.. YOU MU:. i `'_,10UN 1. Attach additional c :tisr:t',. t, tg i6-o/cc st;;Nu*UREOF FE T IONEri DATF C6 GREELEY (Cob.) TRIBUNE DATA BASE / FROM PAGE C5 Ricard, lot 7, block 10 of Evans Platte Val- ley Subdivision Second Filing. $96,900. Angela and William Wester to Priscilla E. Falcon, lot 15, block 6 of Greeley Ar- lington Park First Addition. $44,000. George T. Ashen and Fern A. Howard to David T. and Kay A. Nielsen, part of Section 34 -6N -64W. $173,900. Rick L. Brent to Christopher C. and Teresa J. Warden, lot 7 of Windsor West - view Townhomes First Filing. $68,000. Timothy L. Carlson to Timothy W. and Sunday, July 23, 1995 Laura T. Pickering, part of Section 27-8N- borne, lot 16, 65W, lot B of recorded exemption 1731. First Filing.' $75,000. Gillarrf C Christ Community Church of Roggen and Kimb to Ricardo D. and Anna Marla Taylor, Leo- stown Jc bardo Rodriquez and Manuel Guardado, tion. $99 part of Sections 17, 18, 19, 20 -2N -62W. Alfre $680,000. M. Seg Barbara Berchett to Jean A. and Herb of rev L. Paddock Jr., lots 28.32, block 5 of Erie. Kr' $86,000. singe Crestview Builders Inc. to John W. Os- exer 67N .,.to live in the established townhome communi of FOXHILL VILLAGE "0l(1 -U ih .ANewl Open Sunday, July 23rd 12:30-2:30 p.m. UNIT B-1 Hosted by: Marge & Ray Speaker 330-1850 Owner needs a quick sale. Price reduced to only $150,000. Approximately 1508 Sq. Ft. on main floor includes 3 bedrooms, living room, formal dining, 2 baths, deluxe kitchen, professionally decorated, great patio with planting area, family room on lower level plus spacious storage area. Finished 2 -car garage, security system, low maintenance, easy to lock up and travel. POSSIBLY THE BEST BUY IN GREELEY VACANT —IMMEDIATE POSSESSION 0 Scott Realty Co. 1212 8th Ave. '352-1212 Rt 1' le A, 7/ td°mrs'!tit,VI; AsSETS'AND. LIABIUTiES(cori4990i . C' Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.) Property Address tenter S if sold, PS if pending sale Type of Present Insurance, or R II rental being held for income) AP Property Market Value Mortgages & liens Rental Income Payments Taxes &�Misc. � ot Rental Income 2010 46th Ave A-1 sfd $155 000 $ $ $ $ $ 2008 Sunset Drive R 4-P1e2 2460 1519 Totals $ $ $ $ $ $ IS any additional names under which credit has previously been received and indicate appropriate creditor namels) and account numberls): Alternate Name Creditor Name Account Number I °f�l aT 'agigitroMgaN400, a. Purchase price b. Alterations, improvements, repairs c. Land (if acquired separately) d. Refinance (incl. debts to be paid off) e. Estimated prepaid items f. Estimated closing costs g. PMI, MIP, Funding Fee h. Discount lif Borrower will pay) Total Costs (add items a through h) Subordinate financing k. Borrower's closing costs paid by Seller I. Other Credits (explain) 791 CO 01.1900 O(1 m. Loan amount (exclude PMI, MIP, Funding Fee financed) 7C),OOCl,O ) n. PMI, MIP, Funding Fee financed o. Loan amount )add m & n) p. Cash from/to Borrower (subtract j, k, I & o from it 7C l li ill nn 67,200.00 MAR If you answer "Yes" to any questions a through i, please use continuation sheet for explanation. a. Are there any outstanding judgments against you? b. Have you been declared bankrupt within the past 7 years? c. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years? d. Are you a party to a lawsuit? e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment? (This would include such loans as home mortgage loans, SBA loans, home improve- ment loans, educational loans, manufactured (mobile) home loans, any mortgage, financial obligation, bond, or loan guarantee. If "Yes," provide details, including date, name and address of Lender, FHA or V.A. case number, if any, end reasons for the action.) Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If "Yes," give details as described in the preceding question. g. Are you obligated to pay alimony, child support, or separate maintenance? h. Is any pan of the down payment borrowed? i. Are you a co -maker or endorser on a note? j. Are you a U.S. citizen? k. Are you a permanent resident alien? I. Do you intend to occupy the property as your primary residence? If "Yes," complete question m below. m. Have you had an ownership interest in a property in the last three years? f] 111 What type of property did you own --principal residence IPRI, PR second home ISHI, or investment property (P)? (2) How did you hold title to the home --solely by yourself (S), jointly with your spouse (SP), or jointly with another person 101? Borrower Co -Borrower Yee No Yes No 1 _CIQVQIiGMEN'AIUTO�i1 F IE I :E PR The undersigned specifically acknowledge(s) and agree(s) that: (11 the loan requested by this application will be secured by a first mortgage or deed of trust on the property 3escribed herein; 12) the property will not be used for any illegal or prohibited purpose or use; (3) all statements made in this application are made for the purpose of obtaining :he loan indicated herein; (41 occupation of the property will be as indicated above; (5) verification or reverification of any information contained in the application may be made at any time by the Lender, its agents, successors and assigns, either directly or through a credit reporting agency, from any source named in this application, and the original :opy of this application will be retained by the Lender, even if the loan is not approved; (6) the Lender, its agents, successors and assigns will rely on the information contained n the application and 1/we have a continuing obligation to amend and/or supplement the information provided in this application if any of the material facts which I/we have 'epresented herein should change prior to closing; (7) in the event my/our payments on the loan indicated in this application become delinquent, the Lender, its agents, successors and assigns, may, in addition to all their other rights and remedies, report my/our name(s) and account information to a credit reporting agency; 18) ownership of the loan may ie transferred to successor or assign of the Lender without notice to me and/or the administration of the loan account may be transferred to an agent, successor or assign tf the Lender with prior notice to me; (91 the Lender, its agents, successors and assigns make no representations or warranties, express or implied, to the Borrower(s) regarding he property, the condition of the property, or the value of the property. :edification: I/We certify that the information provided in this application is true and correct as of the date set forth opposite my/our signaturels) on this application and acknowledge ny/our understanding that any intentional or negligent misrepresentation(s) of the information contained in this application may result in civil liability and/or criminal penalties including, tut not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq. and liability for monetary damages to the Lender, is agents, successors and assigns, insurers and any other person who may suffer any loss due to reliance upon any misrepresentation which I/we have made on this application. 3orrower's Signature Date Co -Borrower's Signature X Date Ehe following information is requested by the Federal Government for certain types of loans related to a dwelling, in order to monitor the Lender's compliance with equal credit tpportunity, fair housing and home mortgage disclosure laws. You are not required to furnish this information, but are encouraged to do so. The law provides that a Lender nay neither discriminate on the basis of this information, nor on whether you choose to furnish it. However, if you choose not to furnish it, under Federal regulations this Lender s required to note race and sex on the basis of visual observation or surname. If you do not wish to furnish the above information, please check the box below. (Lender must eview the above material to assure that the disclosures satisfy all requirements to which the Lender is subject under applicable state law for the particular type of loan applied for.) 3ORROWER CO -BORROWER 1 lace/National >rigin: ;ex: 'o be Completed by Interviewer "his application was taken by: face-to-face interview by mail by telephone I do not wish to fumish this information American Indian Asian or White, not of or Alaskan Native Pacific Islander >0 Hispanic Origin Black, not of Hispanic origin Hispanic Other (specify) Female 'reddie Mac Form 65 10/92 Mal Interviewer's Name (Print or type) I do not wish to furnish this information American Indian Asian or White, not of Race/National or Alaskan Native Pacific Islander ,`1 Hispanic Origin Origin: Black, not of Hispanic origin Other (specify) ,` n I Female Sex: Hispanic Male Name and Address of Interviewer's Employer \IOFtWEST MORTGAGE, INC. 1O25 9TH AVENUE ;REELEY CO 8O6"1 Page 3 of 4 j, LU6f'S'-/C.. Fannie Mae Form 1003 10/92 J Continuation Sheet/Residential Loan Application CAF'C:,-1003 -ii Use this continuation shout it you nerd more space to complete. Mu Residential Loan Application. Mark B for Uorrowor or C for Co Borrower. PREVIOUS EMPLOYER Borrower: ALBERT W.E• -1ER Co•Borrower: 111 CIF? T A IAD:TiFF3 EMPLOYMENT TYPE OF BUSINESS CITY / STATE OTHER INCOME: B/C; DEUORIPTION (*SUE{TUTAL*) POSITION /TITLE Agency Case Number: Lender Case Number: 1-fJbw.�' DATES MONTHLY INCOME. MONTHLY AMOUNT I NSTAL-.LME=N'f" OTHER AND UNPAID MOS.LEFT TO PAY BALANCE @ = 10 BE PAID @ CLOSING * = NO1 INCLUDED IN RATIO REAL ESTA I E INFORMATION: I/We request that you forward my/our application to Norwest Card Services for issuance of a credit cardis) if I/we meet the applicable credit requirements. I/We request that you forward my/our application to other Norwest affiliates who may use the information to offer products and services such as insurance, brokerage and banking services. I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of -the above facts as applicable Date under the provisions of Title 18, United States Code, Section 1001, et serf. Borrower's Signature: X Date Co -Borrower's Signature: X Freddie Mac Form 65 10/92 Page 4 of 4 Fannie Mae Form 1003 10/92 WELD COUNTY COLORADO OFFICE OF WELD COUNTY ASSESSOR 1400 17TH AVENUE GREELEY, COLORADO 80631 WEBER, ALBERT & GLORIA PARCEL NO: 095914216001 ADDRESS: 2010 46TH AVENUE #A-1 GREELEY, COLORADO 80634 MARKET REPORT: JUNE 30, 1994 1995 PROPERTY VALUATION $ 170,429 PROPERTY ATTRIBUTES Type of Property: The subject property is a 1 -story end unit of a townhouse type structure which includes another 1 -story end unit and a 2 -story inside unit. The building was built in 1987 and is located in The Village at Foxhills PUD. Street Address: The subject property is located at: 2010 46th Avenue #A-1, in Greeley, Colorado. Legal Description: The subject is legally identified as: GR 1VAF-Al LOT A-1 THE VILLAGE AT FOXHILL TOWNHOMES 1ST FILLING Owner of Record: According to records kept in the office of the Weld County Assessor, the owners of the subject property are: ALBERT & DONNA WEBER 2010 46TH AVENUE #A-1 GREELEY, COLORADO 80634 Assessed Valuation: For tax purposes the subject property is assessed by the Weld County Assessor's Office under parcel number 095914216001. The valuation for tax year 1995 is detailed as follows: Assessed Land Value Assessed Improvements Value Total Actual Value -1- 1995 $ 17,750 $ 152,679 $ 170,429 WELD COUNTY ASSESSOR'S OFFICE COMPARABLE MATRIX GRID PIN NO. ADDRESS CITY SCHEDULE NO. SUBJECT 0154687 2010 46 AV #A-1 GREELEY 0959142160001 SALE DATE SALE PRICE TIME ADJUNSTMENT TIME ADJ. S/PRICE LAND VALUE $17,750 IMPS VALUE $152,679 CHARACTERISTICS: YEAR BUILT IMPS SF BASEMENT SF FINISHED BSMT CONSTRUCTION QUALITY STYLE BATHS: FULL 3/4 1/2 GARAGE ADJUSTMENTS: AGE SIZE BASEMENT FINISH BSMT CONSTRUCTION QUALITY STYLE PLUMB FIXTURES GARAGE TOTAL ADJUSTMENTS: IMPS VALUE ADJUSTED SALE PRICE SUBJECT IMPS SF SUBJECT VALUE PER SF COMP. 1 0059987 2010 46 AV #N-3 GREELEY. 095914216009 COMP. 2 0057987 2010 46 AV #E-4 GREELEY 0959142140014 3/26/93 3/25/94 $126,000 $189,000 $26,807 $8,461 $152,807 ' $197,461 $17,750 $17,750' $135,057 $179,711 COMP. 3 0120089 2010 46 AV #O-1 GREELEY 095914214007 6/15/93. $185,000 $32,443 $217,443 $17,750 1987 1489 1475 576 FR/MSNRY GOOD 1 -STY END 1 1 0 2 -CAR CALCULATED SALES PRICE LAND OTHER TOTAL RECOMMEND: DENIAL 1985 1423 1408 274 FR/MSNRY GOOD 1 -STY INS 1 1 0 1989 1680 1652 1388 FR/MSNRY GOOD 1 -STY END 1 1 1 2 -CAR 2 -CAR $1,351 ($1,797) $2,960 ($8,566) $848 ($2,239) $4,168 ($11,206) $0 $0 $0 $0. $6,000 $0 $0 ($2,530). $0', $0 $199,693 1989 1652 1652 1604 FR/MSNRY GOOD 1 -STY END 1 2 0 2 -CAR ($1,997) ($7,311) ($2,239) ($14,186) $0 $0 $0 ($3,220) $0 ($28,953) $199,693 $170,740 $15,326 ($26,338) $135,057 $179,711 $150,383 $153,373 1489 1489 1489 $101.00 $103.00 $106.22 x 1489 sf = -2- $114.67 $158,165 $17,750 $0 $175,915 TIME ADJUSTMENT 0 1.550" • 1.400 1.410 1.340 1.270 1.200 1.130 t 1.960 1.046 Aa. 1/01193 0.990 0.920 0.850 I.0 5.1 3.6 0 1.0 3.6 7.2 9 12.6 16.2 10.0 14.4 r 1 r 7.2 5.4 9 SALE II0NIN (factor I 60 I lo.a IB 1.550 1.480 1.410 1.340 1.298 6730/1994 • 1.220 r. 14.4 10 12.6 16.2 1.200 1.130 1.060 0.990 0.920 0.850 MEDIAN RATIO AT BEGINNING OF MARKET PERIOD = 104.6% MEDIAN RATIO AT END OF MARKET PERIOD = 129.8% 18 MONTH TIME TREND = 129.8% - 104.6% = 25.2% DAYS IN MARKET PERIOD = 546 (JAN. 01, 1993 THRU JUNE 30, 1994) TIME ADJUSTMENT PER DAY = 25.2% / 546 = 0.04615% COMP. 1 COMP. 2 COMP. 3 DAYS TO END OF MARKET PERIOD 461 X 97 X 380 X TIME ADJ. PER DAY 0.0004615 = 0.0004615 = 0.0004615 = TOTAL % TIME ADJ. 21.27515 % X 4.47655 % X 17.537 % X SALE PRICE $126,000 = $189,000 = $185,000 = TIME ADJ. $26,807 $8,461 $32,443 -4 - VILLAGE AT FOXHILLS PUD COMPARABLE SALES NO. 1 ADDRESS: 2010 46TH AVE. #N-3 GREELEY, CO 80634 SALE DATE: 3/26/94 SALE PRICE: $126,000 ADJUSTED SALE PRICE: $152,807 -6- IMPS SF: 1423 YEAR BUILT: 1985 STYLE: 1 -STY INS LAND: $17,750 COMPARABLE SALES NO. 2 ADDRESS: 2010 46TH AVE. #E-4 GREELEY, CO 80634 SALE DATE: 3/25/94 SALE PRICE: $189,000 ADJUSTED SALE PRICE: $197,461 -7- IMPS SF: 1680 YEAR BUILT: 1989 STYLE: 1 -STY END LAND: $17,750 COMPARABLE SALES NO. 3 ADDRESS: 2010 46TH AVE. #O-1 GREELEY, CO 80634 SALE DATE: 6/15/93 SALE PRICE: $185,000 ADJUSTED SALE PRICE: $217,443 IMPS SF: 1652 YEAR BUILT: 1989 STYLE: 1 -STY END LAND: $17,750 Hello