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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 ti Building 1 Building 2 2 SUBJECT PHOTOGRAPHS \ e4 f $F sty fu 99 >m. fr4Aa 22f td Building 3 • • LtuC•oLN AV 0 Q. 0, y9 u fir•- •i . - , . . . . . . . . . . . .mil . . . . Ce t I- ._ 37. -9 fIIl . . . . . . . . '� .`- . . . .m . . . . 7. . . . . . . . . . . . I4 I to dD I. %LI . . . - a - • G i W I . . . N 43. Q' Q v Q j. .3 7°- . . . . . • • . . . . . . o . . . . . - . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . n M Mt . • . ti V- . • .N f 0 w 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 ' cie:{Aq I e u3L:kr.,}�1 .� .rte a a �x '- 5A } b —:v- - ; � Stnb nyS ..K 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 .�� 4 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 {ry {s . `s '4ca 3 fie. ka ° r.. §`?a Hwy^.: 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. i Hello