Loading...
HomeMy WebLinkAbout971584.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - ADJUST VALUE IN PART PETITION OF: D & D INVESTMENTS 181238AVE GREELEY, CO 80634 DESCRIPTION OF PROPERTY: PIN: R2282186 PARCEL: 095912329006 - GR CWL-7 L7 COTTONWOOD LEISURE%2715 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: ACTUAL VALUE AS DETERMINED ADJUSTED BY ASSESSOR ACTUAL VALUE Land $ 45,600 $ 45,600 Improvements OR Personal Property 328.644 323,013 TOTAL ACTUAL VALUE $ 374,244 $ 368.613 971584 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. 971584 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 OF COUNTY COMMISSIONERS �,��' WELD UNTY, COADO ATTEST: , / i ' ' ft'',I A' (( Geeoorrage . Baxter, Chair Weld Cr ii :,.N"..:' :;oar. � 1= �t , z ,i �� tance L. Harbert, Pro-T BY: A o .:_ =y�j"i:,;,i0 1s- - 1 Depu, fl jL' *rd _r l OM*WO le Dale K. Hall APPROVED AS TO FORM: - i— J I arbara J. Kirkmeyyr Ass' .nt Cou Attorney 4N; 1 pW. He ��lp ste 971584 AS0038 NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR GR CWL-7 L7 COTTONWOOD 1400 NORTH 17th AVE. ri(te‘r- LEISUREt2715 20 ST% PHONE(970)GREEL353-3845,EY,EXT.CO 836500631 -- --- COWNER. D & D INVESTMENTS COLORADO D & D INVESTMENTS LOG 1685 1812 38 AVE PARCEL 095912329006 ACCOUNT R2282186 GREELEY, CO 80634 YEAR 1997 07/02/1997 • 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 PLEASE 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. PETITIONER'S ASSESSOR'S VALUATION �I PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE (ACTUAL VALUE PRIOR TO REVIEW - AFTER REVIEW LAND 45600 45600 IMPS 340206 328644 TOTALS $ $ 385806 $ 374244 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(I)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. By: WARREN L. LASELL 07/02/1997 WELD COUNTY ASSESSOR DATE I5-DPT-AR Form PR-207-87/94 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 EQUALIZATION'S DETERMINATION: The County Boa,d of Equalization ,,.usi 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 T COUNTY BOARD OF EQUALIZATION In the space below, please explain why yo d'sagree with the Assessor's valuation. IN ACCORDANCE WITH 39- 8-106(1.5), C.R.S., YOU MUST STATE • R OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documen a• necessary. A 2 1 L/9 WELD t!OIIVFY COLORADO OFFICE OF WELD COUNTY ASSESSOR 1400 N. 17TH AVENUE GREELEY, COLORADO 80631 D & D INVESTMENTS PIN NO : R2282186 ADDRESS : 2715 20TH STREET GREELEY, COLORADO 80631 MARKET REPORT: JUNE 30 , 1996 1997 PROPERTY VALUATION $413 , 490 . 00 WELD COUNTY ASSESSOR'S OFFICE COMPARABLE MATRIX GRID SUBJECT COMP. 1 I COMP. 2 COMP. 3 PIN NO. 2282186 213128611 2823986' 0142490 ADDRESS 2715 W 20 ST 1126 26 AV 1015 11 AV 2141-49-57 28 ST CITY GREELEY GREELEY' GREELEY GREELEY SCHEDULE NO. 095912329006 095914104030 09610532003 096118317068 SALE DATE 05/29/96 I 05/01/96 10/04/95 SALE PRICE $470,000 $302,000 __ $471,000 TIME ADJ. S/PRICE $471,410 $303,812 . $483,717 LAND VALUE $45,600', $32,760 ' $18,000 $61,807 IMPS VALUE $328,644 $438,650 $285,812 $421,910 CHARACTERISTICS: _ YEAR BUILT 1980 , 1970 1921 19691 NO. OF UNITS 12 12 12 141 IMPS SF 9,444 10,410 10,530 13,260I CONSTRUCTION FR/MSNRY FR/MSNRY FR/MSNRY FR/HDBDI QUALITY AVERAGE AVERAGE AVERAGE AVERAGE! STYLE APT < 3 STY APT< 3 STY APT < 3 STY APT < 3 STY AMENITIES , $4,425 $5,896 $4,5001 $3,458 j ADJUSTMENTS: AGE $21,933 $42,157 $23,205 SIZE ($24,778) ($27,856) ($97,880) CONSTRUCTION $0 $0 $21,096i QUALITY $0 $0 $0 STYLE $0 $0 $0 AMENITIES ($1,471 ($75) $967 TOTAL ADJUSTMENTS: ($4,316 $14,226 ($52,613). ADJUSTED IMPS VALUE: $434,334 $300,038 $369,297 ' ADJUSTED VALUE PER SF: $45.99 $31.77 $39.10 AVERAGE SALES PRICE PER SF $38.95 x 9,444 SF = $367,890 LAND $45,600 OTHER $0 TOTAL $413,490 RECOMMEND: DENY / _ . ... I,. ..c.A.: 01 ,01 ., lin , i 12' .11....1. ; -11= I1 ". . ..:: P "A\ +,�...t,7V. I.. ®© -1 EUU.ii®�a E® � x ... ... FIllnailtinglininli i_L'>3 '111111.11g1=111 ..i l•it--tr • �1 • ws '���� -' 6:: . , 1:•• imi•itimmi. sim it i; i - .,„ :,. , 1 . Ea i En • .i.....ips. . ::'""...":.::;:' , Nall .. . :„ :.:77:y 1 ,,,F..: 2 ' .t,...,::: \..I, u. 11»..'» • D ,..E > ®." u.a. 1 •�` • 73 ^.,J® t • tt, /f • .1, .�.f 22 hi lavrikae „. Ill 11111101119 :.„.....• ' ... E t�N.\` i •l.l nit tig. iirib"aliria I .c...i f14,.....!F.;,, » .. _ i••:..t 441111 fir- ;.; „„ ,. �iEA N... Emiii 'ice:. r .1 rigiii b— - `�.�:•; .ems H.w». 22. ®©tom �= � »•.,.• ..,ram ...,,,„,r...,. :.:,...,...„:„ ... „I ..; :... .1; i: ... 3., " -.., ., .:.:1 l...:„-. No.T. r.... .i... u Hy`� . "\1..0..•� :0';�, * . tt 6 try■//I c.• Me >t 6 r .. to !!!%7777 i31..e,,,.t•�t t>... a.i • .» i �C r •*It L •4 :� .• a a t . •.1 I u - .... . i Adit.- - lab,. ,......... -.:;".. 1,...4411.M: - ....- k;) ;1; i' J ,mut! • '13. Ir if 'i iiiiiiial • W.;�..N.e..n • - .n"•y lv wii._ • I. ..aw. I . N W1 Her». NM /.. 111 (I .•Iweea WELD COUNTY ASSESSOR'S OFFICE COMPARABLE MATRIX GRID SUBJECT COMP. 1 COMP. 2 COMP. 3 PIN NO. 22821286 2131286 3052786 0273193 ADDRESS 2715-2725 20 ST 1126-1128 26 A 1207 13 AV 215 CHESTNUT ST CITY GREEELY GREEEL GREELEY WINDSOR SCHEDULE NO. H- 095912329006 , 095912104030 096107108017E 080721229039 SALE DATE 05/29/96 09/05/95 01/19/95 SALE PRICE - $940,000.00 $750,000.00' $1,230,000.00 TIME ADJ. S/PRICE $942,820.00 $772,500.00 $1,334,550.00 LAND VALUE r $91,200 $65,520 $76,000 $207,784 IMPS VALUE $646,026 $877,300 $696,500 $1,126,766 CHARACTERISTICS: YEAR BUILT 1980 1970 1982 1971 NO. OF UNITS ir 24 24 30 38 IMPS SF 18,888 20,820 26,394 35,262 CONSTRUCTION FR/MSNRY, FR/MSNRY _ FR/HDBD FR/HDBD QUALITY AVERAGE AVERAGE AVERAGE AVERAGE STYLE APT < 3 STY APT < 3 STY APT < 3 STY APT < 3 STY AMENITIES: $8,850 $11,790 $6,500 $17,500 ADJUSTMENTS: AGE $43,865 ($6,965) $50,704 SIZE ($48,300) ($187,650) ($409,350) CONSTRUCTION $0' - $34,825 i $56,338 QUALITY $0 $0 $0 STYLE $0 $0 $0 AMENITIES: ($2,940) $2,350 ($8,650) TOTAL ADJUSTMENTS: ($7,375) ($157,440) ($310,957) ADJUSTED IMP VALUE $869,925 $539,060 $815,809 ADJUSTED VALUE PER SF: $46.06 $28.54 $43.19 AVERAGE SALES PRICE PER SF $39.26 x 18,888 SF = $741,598 LAND $91,200 OTHER $0 TOTAL $832,798 RECOMMEND: DENY c mm m CO 'm 'm CO > m 'm ' N (D O0 0 0) CO O(O (D CD00 W r- CO N CO n CO r V CO 00 (0 0 CO (D 0 V" 0 0 V' CO N N N N N 0 O NV 0 CO r• rM • r- co CO CDn r- r- r- °n) ... 0 O) 0 0 0 O 0) 0 0 N N (D CD M M N N CO co co co -C C) a C O N 0 0 0 O0) N N T 0 CO C CO (0 (0 Co CCD (D n N Co r r W Co r O 0) n (n U) n O v n •_ CO Q0i Co c0D COC (OO c0O ((C (n O Co0 lCO CCOO M I CO s ((' U') L r r (O V M t` .r CO V N 0 (D U) N " t ((j • n j O M M M dN' V n CO M 0 G ( .-- �� O__. 0 CO CO N UJ 0 -CO Or 0 U) Co N 0 CO C 0 C--CD (n0 Co I M Co Z CO= M (` M N • N N N0 NO) N Q gow M N w 2Q O n n N V CO CO V 4* 0 COCl 0 0 O 0 0 00 V ) O 0r 0 0 0 0 �> i- N CCOO n COCO 0 0 0 0 Cu r t- 0 0 N N N N 0-0 r rw- n n n N 0 Co 0 CO 0 0 0 Co0 O O O O O O 0 O (n V t CC?) N N F.; O .- (`n 0 M t- .•� N N N 4 C - o O 0 0 J > _Z z Q C7 F F- >- >- z z a < w CC -I 0 0 o2 N (9 (9 0_ Z 2 Z m co to Q Z Z HCO > ✓ N CO CO (O O O N U7 N N N O '0 AN r• N r r CO, CO. •a 4O 0 V U7 (•� M f� N O O M N N to 0 O 0 r CO CO CC CO m (D (00 COO (00 0 (C 0 f (0 tu rn 0) CT) 0) 0 0 a 0) N ▪ n Obi N V' 0 go' O a� W N W O O U) CO D�1 VO' CCOO (CO (MD CO CO (LO CO o O o n (n (D O o m O n O N r n O O co LO m• a) v N (ND CO t n m N CO c0O CO 00 (00 CO OD OD COO oO O W GD W ^ M O n n n n N O OM M � � � � CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4225 rnV"C FAX: (970) 3 T 915 10TH STREET P.O. BOX 758 ' GREELEY, COLORADO 80632 C. COLORADO July 17, 1997 Parcel No.: 095912329006 PIN No.: R2282186 D & D INVESTMENTS 1812 38 AVE GREELEY, CO 80634 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Thursday, July 31, 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 - R2282186 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 kia,444 Donald D. Warden, Clerk to the oard BY: arol A. Hardi g Deputy Clerk to the Board cc: Warren Lasell, Assessor Hello