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HomeMy WebLinkAbout991786.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1999, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: GUSA TEMI 140 ASH ST P O BOX 134 HUDSON, CO 80642 DESCRIPTION OF PROPERTY: ACCOUNT#: R7332397 PARCEL#: 147310132023 - HUD S2 L7 AND ALL L8 AND L9 BLK81 SITUS: 140 ASH ST HUDSON 80642 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 spec fically 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 $ 12,500 Improvements OR Personal Property 59,896 TOTAL ACTUAL VALUE $ 72,396 991786 9 '(, AS0043 RE: BOE - GUSA TEMI - R7332397 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. 991786 AS0043 RE: BOE - GUSA TEMI - R7332397 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 OBOE. 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 26th day of July, A.D., 1999. BOARD OF COUNTY COMMISSIONERS W COLO DO ATTEST ,7 i (r'�ft?Ili/ DAgidAmt . Hall, Chair �1�=' ! ! -oaG r� /Wel. • ow � - � - cL• • oo c (, � = Barbar J. Kirkmeyer, Pro-Tem e � ,:•r .� r . ., he oard • 9 APP O(' : L Z 'ORM: - Georg t r . J. G ile n Assi ant Cotoy Homey Glenn Vaad 991786 AS0043 NOTICE OF DENIAL ! OFF1C E OF COUNTY ASSESSOR �V - 1400 NORTH 17th AVE. HUD S2 L7 AND ALL L8 AND L9 BLK81 GREELEY,C080631 Slat s: 140 ASH ST HUDSON 80642 PHONE(970)353-3845,EXT.3650 COLORADO - OWNER: GUSA TEMI GUSA TEMI LOG 3020 140 ASH ST PARCEL 147310132023 P 0 BOX 134 ACCOUNT R7332397 HUDSON, CO 80642 YEAR 1999 06/17/1999 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): AGRICULTURAL LAND VALUE IS DETERMINED SOLEY BY THE EARNING OR PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A RATE SET BY LAW. 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 REQUEST FOR REVIEW WAS RECEIVED AFTER THE STATUTORY DEADLINE. THE ASSESSOR'S STAFF WILL REVIEW YOUR PROPERTY FILE LATER. THIS YEAR AS TIME AND RESOURCES PERMIT. IN THE FUTURE TO KEEP ALL OF THE APPEAL RIGHTS OPEN TO YOU, PLEASE REQUEST A REVIEW OF YCUR VALUATION DURING THE TIMES PRINTED ON YOUR NOTICE OF VALUATION. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW LAND 12500 12500 IMPS 59896 59896 TOTALS $ $ 72396 $ 724ga 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: Stanley F. Sessions 06/17/1999 WELD COUNTY ASSESSOR DATE 15-DPT-AR Form PR-207-87/99 ADDITIONAL INFORMATION ON REVERSE SIDE (IC '. AS 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 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 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, C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary. �.A �� �'� aAtzt nn\Cu- .4 C `Icy vm c v c aid< kci aUe c,-, 9b 1u , .vc��j\ 1 r�14�._ ClS I c-sv c ,7 (5)0.6U. SI(,NA1ULCh UYcbLIIU )( UAIL COUNTY ASSESSOR , DEPUTY ASSESSOR APPRAISAL REPORT OF RESIDENTIAL IMPROVED PROPERTY FOR County Board of Equalization PETITIONER vs. COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 1473-10-1-32-023 Schedule Number: R7332397 Log Number: 3020 Date: 07/26/99 Time: 1:30pm Board: CBOE Appraisal Date: June 30, 1998 PREPARED BY STAN SADUSKY 7//? /fl ignature Date ASSESSOR'S OFFICE STAFF APPRAISER ASSESSOR VALUE $72396 CBOE_RES_01089E Page 1 GENERAL DESCRIPTION AND MARKET SUMMARY SUBJECT SITE AND IMPROVEMENTS This property is located at 140 ASH ST in the city of HUDSON. The legal description of the property is HUD S2 L7 AND ALL L8 AND L9 BLK81 SITUS: 140 ASH ST HIJDSON 80642. Utilities available to the site are typical for the area. The residence is a Frame Hardboard house constructed in1995. It has 1134 square feet of finished living area. There are 3 bedrooms. The Assessor has classified the structure as a Modular home of Fair quality, using Fair quality materials. ,, ,t 4 . 1 CBOE_RES_010898 Page 2 MARKET APPROACH SUMMARY Real property for the tax year 1999 must be valued utilizing the level of value for the period of one and one-half years immediately prior to July 1, 1998. A period of five years immediately prior to July 1, 1998 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a class of property. Said level of value shall be adjusted to the final day of the data-gathering period. Changes occurring between base years are not to be accounted for until the following level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., creation of a condominium, new regulations restricting or increasing the use of the land, or a combination thereof{39-1-104(11)(b)(I), CRS}. The ':,eki County Assessor has an established ongoing Sales Confirmation and Validation Program for property transactions used in developing values. The subject property has been classified as Residential for assessment purposes. Residential property value shall be determined by appropriate consideration of the Market Approach to Value {39-1-103(5)(a), CRS}. The Assessor has considered this approach to value for the subject parcel. INDICATED MARKET VALUE $ 72396 CBOE_lES_D10898 Page 3 Comparable Number 1 .. j Comparable Number 2 . v4 Mi1/4101 �:,\ t A r R ` Comparable Number 3 w i t. m P n" s CBOE_RES_010898 vw Page4 WELD COUNTY ASSESSOR Comparables Report with Adjustment Grid Subject Comp #1 Comp #2 Comp #3 SDate/Price 8/29/97 $115,000 4/25/97 $91,500 4/30/97 $99,900 Parcel# 147310132023 045533213001 146906107018 130526209006 Account# R7332397 R0348086 R5907586 R1201796 Address 140 ASH ST 367 4 NUNN 117 GLEN AYRE DACONO 100 E I3ROADWAY HUDSON KEENE:SBURG Nbhd 45 E 201 $0.00 201 $0.00 45 E $0.00 Land SF 7812.5 0 $0.32 5225 $2.42 6973 $6.58 Occupancy Single Family Res. Single Family Res. $0.00 Single Family Res. $0.00 Modular $0.00 BIt As Macular Modular $0.00 Modular $0.00 Ranch 1 Story $0.00 Year Built 1995 1993 $0.00 1969 $250.00 1996 $0.00 Quality Fair Low $5,000.00 Fair $0.00 Fair $0.00 Class D $0.00 $0.00 $0.00 Exterior Frame Hardboard Frame Hardboard $0.00 Frame Aluminum ($3,660.00 Frame Siding $3,900.00) Bldg SF 1,134 1134 $53.00 1301 $53.00 1296 $53.00 Bsmnt Unfin 0 1134 $14.70 0 $0.00 0 $0.00 Bsmnt Fin 0 518 $16.00 0 $0.00 0 $0.00 Garage 0 0 $0.00 0 $0.00 480 $11.48 Rooms 4 7 $0.00 6 $0.00 7 $0.00 Bedrooms 3 3 $0.00 4 $0.00 3 $0.00 Bathrooms 2 2 $0.00 2 $0.00 2 $0.00 Time 0.00 0.00 0.00 Other $1,800.00 $2,200.00 $2,500.00 Adjustments Location $0 $0 $0 Land Size $2,500 $6,250 $5,527 Occupancy $0 $0 $0 Built As $0 $0 $0 Age $0 $6,500 $0 Quality $5,000 $0 $0 Exterior/Class $0 ($3,660) ($3,900) Building Size $0 ($8,851) ($8,586) Basement ($24,958) $0 $0 Garage $0 $0 ($5,510) Rooms $0 $0 $0 Bedrooms $0 $0 $0 Bathrooms $0 $0 $0 Time $0 $0 $0 Other $1,800 $2,200 $2,500 Total Adjustments ($15,657.80) $2,439.00 ($9,969.401 Adjusted Sales Price $99,342.20 $93,939.00 $89,930.60 Adjusted Sales$/SF $87.60 $72.21 $69.39 $ISF Market for Subject $63.84. 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