HomeMy WebLinkAbout991719.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1999, WELD COUNTY, COLORADO - DENY
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
PETITION OF:
BAILEY LOWELL L P &
1028 9TH ST
GREELEY, CO 80631
DESCRIPTION OF PROPERTY: ACCOUNT #: R0357086 PARCEL #: 045533310007 -
NUN 19515 L7 THRU 11 BLK48 H & J SUB
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 1999, 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 1999, claiming that the property described in such petition was assessed
too high, as more specifically stated in said petition, and
WHEREAS, said petitioner not being present or represented, 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 Weld County Board of Equalization, that the evidence presented at
the hearing clearly supported the value placed upon the Petitioner's property, after review 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:
ACTUAL VALUE
AS DETERMINED
BY ASSESSOR
Land $ 5,400
Improvements OR
Personal Property 83,953
TOTAL. ACTUAL VALUE $ 89,353
991719
,i ? , ; f'< 4 AS0043
RE: BOE - BAILEY LOWELL L P &
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 30 days of the denial:
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.
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.
991719
AS0043
RE: BOE - BAILEY LOWELL L P &
Page 3
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 22nd day of July, A.D., 1999.
BOARD OF COUNTY COMMISSIONERS
A. E � �yetutin
COUN O ORADO
' el ' �a oard D I K. Hall, Chair
�/ ,LS 2O arbara J. Kirkmeyer, Pr -TemB . _!+ ad► �,_ ✓ � ,1 ,. 1f` A,
d. t rk to the Board . ;i
or . Baxter
APPROVED AS TO FORM:
t ° . J. Geile
-
F, Z / / /
Glenn )
z
i
( tant County Attorney �u�,1 //
Vaal'
991719
AS0043
a I
NOTICE OF DENIAL `` ' ' OFFICE OF COUNTY ASSESSOR
Kit .40
1� 1400 NORTH 17th AVE.
NUN 19515 L7 THRU 11 BLK48 H & J GREELEY,CO80631
SUB ,--RHONE(970)353-3845,EXT.3650
•
COLORADO OWNER: BAILEY LOWELL L P &
BAILEY LOWELL L P & LOG 1025
1028 9TH ST PARCEL 045533310007
ACCOUNT R0357086
GREELEY, CO 80631 YEAR 1999
05/24/1999
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):
COMMERCIAL PROPERTY 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 determined the
valuation(s)assigned to your property. The reasons for this determination of value are:
YOUR APPEAL WAS DENIED, THE PROPERTY VALUE IS CORRECT BASED UPON TIME TRENDED
SALES BETWEEN JANUARY '97 AND JUNE '98. THESE SALES WERE TIME TRENDED TO THE END
OF JUNE 1998. THIS IS DONE TO ACCOUNT FOR THE CONTINUING RISE IN MARKET VALUES
DURING THAT TIME PERIOD.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
LAND 5400 5400
IMPS 83953 83953
TOTALS $ $ 89353 $ 89353
If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration,39-S-
106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal.
By: Stant y F. Sessions 05/24/1999
WELD COUNTY ASSESSOR DATE
15-DPT-AR
Form PR-207-87/99 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 I 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 20 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 of that decision. 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 10.
TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY
APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WII'H 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, C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR
AMOUNT. Attach additional documents as necessary.
r
Cam; ) C5 �.. f fc^ / .i !/`
Stanley F. Sessions
WELD COUNTY ASSESSOR
CHRISTOPHER WOODRUFF, DEPUTY ASSESSOR
APPRAISAL REPORT
OF
COMMERCIAL PROPERTY
FOR
County Board of Equalization
BAILEY LOWELL L P &
HICKS VIRGINIA
PETITIONER
vs.
WELD COUNTY ASSESSOR'S OFFICE
RESPONDENT
Parcel Number: 0455-33-3-10-007
Schedule Number: R0357086
Log Number: 1025
Date: July 22, 1999
Time: 2:30 pm
Board: CBOE
PREPARED BY
DAVID SCHILDMEIER
k\AAA14 - ,
Signature Date
Signature Date
ASSESSOR'S OFFICE STAFF APPRAISER
CBOE_COMM_010998
SUMMARY OF SALIENT FACTS AND CONCLUSIONS
Purpose of the Appraisal : Estimate market value June 30, 1998
Property Rights Appraised: Unencumbered fee simple interests .
Property Address : 705 Lincoln Ave,Nunn, Colorado
Improvement : STORAGE WAREHOUSE
Land size : 27 , 000 square feet
Zoning : I INDUSTRIAL
Assessor' s Value : 1999
Land Value : 5 , 400
Imps Value : 83 , 953
Total Value: 89, 353
Highest and Best Use : Present use as a STORAGE WAREHOUSE„ LIGHT
INDUSTRIAL
Size of Improvements : 1 Bldg WAREHOUSE : 1 , 728 square feet
2 Bldg WAREHOUSE: 4 , 000 square feet
3 Bldg OFFICE : 672 square feet
TOTAL: 6, 400 square feet
Year of Construction: Bldg 1 1986
Bldg 2 1995
Bldg 3 1994 remodeled interior
Effective Age : 8 years
Remaining Economic Life : 32 years
Estimated Land Value : $5, 400
Estimate of Value :
Cost Approach
Land Value : 5 , 400
Improvement Value : 83 , 95
Total Value : 89 ,153
Sales Comparison Approach: $90 , 240
Income Approach: N/A
Final Estimate of Value : $83i953 /431
Date of Value : June 30 , 1998
1
SUBJECT PHOTOGRAPHS
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LAND SALES SUMMARY SHEET
Sales
Sale Date of Contrib. Sales Area Price/
No. Grantor/ Grantee Sale Price In SF SF Land Zoning
Subject Bailey, Lowell
705 Lincoln Av -- 27, 000 $ . 20 Ind
Nunn, Co
1 Trujillo, Jim/
Hartley, Scott 12/96 $13 , 000 11, 250 $1 . 16 Res
455 Lincoln Av
Nunn, Co
2 Presbyterian Plains/
Trujillo, Jim 12/95 $50, 000 32, 000 $0 . 95 Fes
475 Lincoln Av
Nunn, 'Co
3 Shea, Robe:
^t/
Kanzenback, Greg 05/96 $9, 800 33, 750 $0 . 29 Res
110 Adams Av
Nunn, Co ,
4 Dannettell, James/
Whitten, Greg 07/98 $15, 700 11, 250 $1 .40 Res
301 Grant av,
Nunn, Co
5 Koehane & 2arbray/
Nickerson, Harold 11/96 $21, 000 26, 250 $0 . 80 Res
651 Logan Av
Nunn, Co .
SUBJECT SITE
The subject site is a 27, 000 square foot rectangular, level, corner,
lot with good accessibility from Highway 85 .
The comparable land sales range from $0 .29 PSF to $1 .40PSF. The mean
of the sales is $0 . 92 PSF. The Median is $0 . 95 .
As a result of the land sales study, a value of $0 . 20 per square foot
has been applied to the subject land area or $5 , 400 .
5
WELD COUNTY ASSESSOR
Account#: R0357086 PROPERTY PROFILE Parcel #: 045533310007
MH Seq#: MH Space:
Appr Year: 1999 Levy: 95.058 # of Bldgs: 3 Active On:
Tax Dist: 0967 Map,#: 1211 LEA: NUNN10 InactiveOn:
Assign To: DWS Initials: TST Acct Type: Commercial Last Updated: 7/14/99
Owner's Name and Address: Property Address:
BAILEY LOWELL L P & Street: 705 LINCOLN AV
1028 9TH ST City: NUNN
. GREELEY CO 80631 I
Business/Complex:
Sales Summary
Sale Date Sale Price Deed Type Reception# Book Page Grantor
12/31/93 $25,500 02367153 1420 FOSTER DOUGLAS E & NANCY L
Legal Description Leg
NUN 19515 L7 THRU 11 BLK48 H&JSUB
Land Valuation Summary
Abst Unit of Number Of Value Per Assmt *Assessed
Land Type Acres SF A9 Code Code Measure Units Unit Actual Value Percent Value
I Commercial 0.62 27000 2135 Square Feet 27000 $0.20 $5,400.00 0.29 $1,566.00
Land Subtotal: 27000 $5,400.00 $1,570.00
Buildings Valuation Summary
Abst Actual Assmt *Assessed
Bldg# Property Type Code Occupancy Value Percent Value
1 Commercial 2235 404 - Shed - Utility $22,083 0.29 $6,404
2 Commercial 2235 404 - Shed - Utility $32,596 0.29 $9,453
3 Commercial 2220 344 - Office Building $29,274 0.29 $8,489
Improvements Subtotal: $83,953.00 $24,350.00
Total Property Value $89,353 $25,920
*Approximate Assessed Value
6
Monday, July 19, 1999
WELD COUNTY ASSESSOR
Account#: R0357086 PROPERTY PROFILE Parcel#: 045533310007
MH Seq#: MH Space:
Building #: 1 Condo SF Condo % Land: Condo % Bldg: Landscaping Quall$
Property Type: Commercial Average $0.00
Quality: Average Nbhd: 100 Occupancy: Shed - Utility
Condition: Average Nbhd Ext:
Perimeter: 168 Nbhd Adj: 1
Individual Built As Detail
I Built As: Comm Shed - Utility Year Built: 1986
Construction Type: Steel Frame Siding Year Remodeled:
HVAC: Radiant % Remodeled:
Interior Finish: Adj Year Blt: 1986
Roof Cover: Effective Age: 12
Built As SF: 1728 Mh Make:
#of Baths: Tag Length/Width: X
#of Bdrms: Tag Length/Width: X
#of Stories: 1 Mh Skirting LF:
Story Height: 16 MH Skirting Type:
Sprinkler SF: Diameter:
Capacity: Height:
Building Details
Bldg # 1
y� �t � x
,ri i !,`t �. 1° #� 41000 ,�9,r�, iii 6 vR ,. t .� ' i 1p�t� a^f 7i z 3 t .�..'
,.��w e. � �... <;t,U ���. .. !;ti ..n � � z. etp t ,. �r tAi.,��., .t �'9. ���d.}a.a � .4,1'1;241,k)1,11'
.. b ... , 'L� ,.
Concrete Slab Fair 3612 $1.95 $7,043.00
Corn Evaporative Cooler Roof Mount Good 1 $1,975.00 $1,975.00
Value Details _
RCN Cost/SF: $9.94 Design Adj %: 0 Func Obs %: 0
Total RCN: $26,194.00 Exterior Adj %: 0 Econ Obs 13/0: 0
Phys Depr%: 0.57 Interior Adj 6/0: 0 Other Obs %: 0
Phys Depr$: 14931 Amateur Adj %: 0
RCNLD$: $22,083.00 RCNLD Cost/SF $12.78 Market/SF: $0.00
7
Monday, July 19, 1999
WELD COUNTY ASSESSOR
Account#: R0357086 PROPERTY PROFILE Parcel#: 045533310007
MH Seq#: MH Space:
Building #: 2 Condo SF Condo % Land: Condo % Bldg: Landscaping Qual/$
Property Type: Commercial Average $0.00
Quality: Average Nbhd: 100 Occupancy: Shed - Utility
Condition: Average Nbhd Ext:
Perimeter: 260 Nbhd Adj: 1
Individual Built As Detail _
Built As: Comm Shed - Utility Year Built: 1995
Construction Type: S Year Remodeled: 1995
HVAC: Radiant % Remodeled: 1
Interior Finish: Adj Year Blt: 1995
Roof Cover: Effective Age: 3
Built As SF: 4000 Mh Make:
#of Baths: Tag LengthlWidth: X
#of Bdrms: Tag Length/VVidth: X
#of Stories: 1 Mh Skirting LF:
Story Height: 12 MH Skirting Type:
Sprinkler SF: Diameter:
Capacity: Height:
Building Details
Bldg#: 2
Add On . ' ,
Corn Evaporative Cooler Roof Mount Good 1 $1,975.00 $1,975.00
Value Details
RCN Cost/SF: $8.85 Design Adj %: 0 Func Obs %: 0
Total RCN: $37,375.00 Exterior Adj %: 0 Econ Obs %: 0
Phys Depr 11/0: 0.15 Interior Adj %: 0 Other Obs %: 0
Phys Depr$: 5606 Amateur Adj %: 0
RCNLD $: $32,596.00 RCNLD Cost/SF $8.15 Market/SF: $0.00
8
Monday, July 19, 1999
WELD COUNTY ASSESSOR
Account#: R0357086 PROPERTY PROFILE Parcel#: 045533310007
MH Seq#: MH Space:
Building #: 3 Condo SF Condo % Land: Condo % Bldg: Landscaping Qual/$
Property Type: Commercial Low $0.00
Quality: Low Nbhd: 100 Occupancy: Office Building
Condition: Average Nbhd Ext:
Perimeter: 131 Nbhd Adj: 1
Individual Built As Detail
Built As: Office Building Year Built: 1990
Construction Type: S Year Remodeled:
HVAC: Package Unit % Remodeled:
li Interior Finish: Adj Year Blt: 1990
Roof Cover: Effective Age: 8
Built As SF: 672 Mh Make:
#of Baths: Tag Length/Width: X
#of Bdrms: Tag Length/Width: X
#of Stories: 1 Mh Skirting LF:
Story Height: 12 MH Skirting Type:
Sprinkler SF: Diameter:
Capacity: Height:
Building Details
Value Details
RCN Cost/SF: $46.15 Design Adj %; 0 Func Obs %: 0
Total RCN: $31,013.00 Exterior Adj %: 0 Econ Obs %: 0
Phys Depr%: 0.08 Interior Adj (1/0: 0 Other Obs %: 0
Phys Depr$: 2481 Amateur Adj %: 0
RCNLD$: $29,274.00 RCNLD Cost/SF $43.56 Market/SF: $0.00
9
Monday, July 19, 1999
07/21/99
PIN: 0357086 COMPARATIVE SALES APPROACH
NAME: BAILEY LOWELL LP
COMP SALE NUMBER SUBJECT 1 2 3 4
ADDRESS _ 705 LINCOLN AV 239 E 4 ST 234 E 1 ST 105 7 ST 209 1 ST
NUNN AULT AULT EATON AULT
USE WHSE WHSE SER GAR WHSE SER GAR
SALE DATE 12/29/95 11/15/96 05/09/97 12/01/94
SALE PRICE 96,000 38,400 147,500 50,000
ADJ. SALE PRICE 96,000 38,400 147,500 50,000
LAND VALUE 5,400 18,000 8,550 50,530 7,000
BLDG. VALUE 78,000 29,850 96,970 43,000
SIZE SF _ 6,400 _ 7,260 1,200 9,014 3,500
BLDG PRICE/SQ. FT. 10.74 24.88 10.76 12.29
YEAR BUILT 1986/95/90 1963 1968 1963 1947
EFFECTIVE YEAR 1990 1980 1970 1973 1970
ADJUSTMENTS: .---
BLDG.SIZE@12.00 _ -10320 62400 _ -31:368 34800
BUILDING AGE 9700 7500 30300 10750
NET ADJ TO ADJ SALE PRICE _ -620 69900 -1068 45550
ADD BLDG VALUE 78000 29850 96970 43000
NET ADJ TO SALE PRICE 77380 99750 95902 88550
ADD SUBJECT LAND 5400 5400 5400 _ 5400
INDICATED VALUE 82780 105150 101:302 93950
INDICATED VALUE PSF 12.93 16.43 15.83 14.68
INDICATED MARKET VALUE 6400 X $14.10=90,240 _
BAILEY.WK4 10
COMPARABLE SALE
346
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PIN: 0010490 PARCEL #: 70712302007
PRIMARY OCCUPANCY: WHSE STOR
OFFICE SPACE % : 26%
2nd OCCUPANCY:
ADDRESS:239 E. 4 STREET
BOOK #:
AULT
PROJECT:
SALE DATE: 12/29/95 1525
SALE PRICE: $96,000 RECEPTION #: 2470053
ADJ SALE PRICE:
GRANTOR:MIKA AG CORP.
GRANTEE:HINZ, DALE E. & SHIRLEY
YEAR BIT: 1963 LAND/BLDG RATIO: 4.96
EFFECTIVE AGE: 1980 IMPS PRICE/PSF $10.74
BLDG SIZE: 7,260 SALE PRICE/PSF: $13.22
CLASS: S CASH DOWN: $61,000
CONSTRUCTION-QUAL: AVG LOAN: NEW
WALL HEIGHT: 16 INTEREST RATE: 10.5%
STORIES: I LOAN TERM (YRS): 5
BSMT SIZE: POINTS PAID:
LAND SIZE: 36,000
LAND VALUE: 18,000
REMARKS: BLDG IN AVG/GOOD CONDITION. FRONT 31' X 60 ' _
1,860 SF. (26%) OFFICE AREA W/SPACE HEAT. BLDG
LEASED $1,000/MO. GIM 1.65,NOI $9,390 1.29, OAR 9.78%.
COMPARABLE SALE
521
ei6
W
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tx'4~
-.. . ,swrr fix.«.
PIN#, 0816686 PARCEL#: 070713203001
PRIMARY OCCUPANCY: SER GAR
OFFICE:
2ND OCCUPANCY:
ADDRESS: 234 E 1 ST AULT
PROJECT: BOOK#: 1578
SALE DATE: 11/15/96 RECEPTION #: 2521210
SALE PRICE: $38,400
ADJ SALE PRICE:
GRANTOR: SKINNER, STEVEN
GRANTEE: MOREHOUSE, JOHN
YEAR BLT: 1968
EFFECTIVE AGE: LAND/BLDG RATIO: 7.13
BLDG SIZE: 1,200 IMPS PRICE/PSF: $24.88
CLASS: C SALE PRICE/PSF: $32.00
CONSTRUCTION-QUAL.: AVG CASH DOWN: $7,300
WALL HEIGHT: 12 LOAN: NEW
STORIES: 1 INTEREST RATE: 10.5%
BSMT SIZE: LOAN TERM (YRS): 30
LAND SIZE: 8,550 POINTS PAID:
LAND VALUE: 8,550
REMARKS: SERVICE GARAGE PURCHASED TO REPAIRIRESTORE
BUYERS CARS. BEFORE SALE NEW ROOF COVER &
SOME ROOF TRUSSES REPLACED, NEW SPACE HEATER.
COMPARABLE SALE
597
L, ..
gi_wrierp
.J1, . F
erne d..Y7
PIN#, 0923386 PARCEL #: 070931201004
PRIMARY OCCUPANCY: STORAGE WHSE
OFFICE:
2ND OCCUPANCY:
ADDRESS: 105 7 ST EATON
PROJECT:
SALE DATE: 05/09/97 BOOK #: 1605
SALE PRICE: $147,500 RECEPTION #: 2547915
ADJ SALE PRICE:
GRANTOR: MOR-MAX INC
GRANTEE: STRAUSS JEFFERY
YEAR BLT: 1963 ZONING
EFFECTIVE AGE: 1973 LAND/BLDG RATIO: 2.24
BLDG SIZE: 9,014 IMPS PRICE/PSF: $10.76
CLASS: S SALE PRICE/PSF: $16.36
CONSTRUCTION-QUAL: AVG CASH DOWN: $29,500
WALL HEIGHT: 12 LOAN: NEW
STORIES: 1 INTEREST RATE: 9.25%
BSMT SIZE: LOAN TERM (YRS): 15 YRS
LAND SIZE: 20,213 POINTS PAID:
LAND VALUE: 50,530
REMARKS: PREVIOUS USE BOWLING ALLEY. PURCHASED AS WHSE
FOR BLDG CONST CO. INTERIOR WAS POOR CONDITION
DUE TO SALVAGE COMPANY RIPPING OUT BOWLING
EQUIP. BUYER ADDED 2 OH DOORS 14 W X 10.5 H
COMPARABLE SALE
132
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ir. f a
PIN: 0808186 PARCEL # : 70712310007
OCCUPANCY: SER GAR
ADDRESS : 209 1 ST AULT
PROJECT : 0
SALE DATE : 12/01/94 BOOK # : 1469
SALE PRICE : $50 , 000 RECEPTION # : 2417470
ADJ SALE PRICE :
GRANTOR: C D LAND
GRANTEE : JOHNSON, RON
YEAR BLT : 1947 LAND/BLDG RATIO: 2 . 00
BLDG SIZE : 3 , 500 IMPS PRICE/PSF : $12 . 29
CLASS : C SALE PRICE/PSF : $14 . 29
CONSTRUCTION-QUAL : AVG CASH DOWN: $5, 000
WALL HEIGHT : 18 LOAN: NEW
STORIES : 1 INTEREST RATE : 9 . 5%
BSMT SIZE : 0 LOAN TERM (YRS) : 10
LAND SIZE : 7, 000 POINTS PAID : 0
LAND VALUE : 7, 000
REMARKS : PROPERTY LEASE W/BUY OPTION STARTED 3/94
$490/MO. NET $5 , 000 OAR 10% SELLER FINANCE.
BLDG COND AVG, SPACE HEAT NO INSULATION.
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