HomeMy WebLinkAbout991942.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1999, WELD COUNTY, COLORADO - STIPULATE
PETITION OF:
BROWN MICHAEL C &
935 SOUTH MC KINLEY
FORT LUPTON, CO 80621
DESCRIPTION OF PROPERTY: ACCOUNT#: R1167096 PARCEL#: 147107118017 - FTL
L17 BLK1 COUNTRY DAY ESTATES PUD 2ND %935 S MCKINLEY AVE%
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, in lieu of the hearing scheduled before the Board of Equalization a Stipulation
was agreed upon by the Assessor and said petitioner(s), and
WHEREAS,the petitioner(s)and the Weld County Assessor agree that the assessment and
valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows:
ACTUAL VALUE
AS DETERMINED ACTUAL VALUE
BY ASSESSOR AS STIPULATED
Land $ 27,000 $ 27,000
Improvements OR
Personal Property 191,049 151,904
TOTAL ACTUAL VALUE $ 218,049 $ 178,904
991942
= AS0043
/� y ,
RE: BOE - BROWN MICHAEL C &, R1167096
Page 2
WHEREAS, said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County
Assessor and the above-named petitioner(s) be, and hereby is, accepted by the Board.
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 4th day of August, A.D., 1999.
BOARD OF COUNTY COMMISSIONERS
r� G%� COUNTY, COL RA
A ,.' C0.,��/
Dale K. Hall, Chair
+ / �� ' _ th Board
44 EXCUSED
ik p� Barba a J. Kirkmeyer, Pro-Tem
BY7k77: <_ ,
e Board
Geor E. xter
APPROVED AS TO FORM:
e
_liAs taut C my Attorney 6 /' P:f
Glenn Vaad
991942
AS0043
1999
COUNTY BOARD OF EQUALIZATION
WELD COUNTY �jD 7 r'/
ASSESSOR' S ACCOUNT NUMBER //// 4
STIPULATION (As To Tax Year /799 Actual Value)
RE PETITION OF
NAME : "eklea C. 41/cL bra/?AA (-,a//eyDS--6 etV,i
ADDRESS : 93 Se S unMaxi
4,RTLyrnv fly_ $ e'2/
Petitioner (s) ,/27,24mL fN 8DRAt4 ?mXUIU and the Weld County
Assessor, hereby enter into this Stipulation regarding the tax year
valuation of the subject property, and jointly move that the
Boar of Equalization to enter its order based on this Stipulation.
Petitioner (s) and the Assessor agree and stipulate as follows :
1 . The property subject to this Stipulation is described as :
7 FS .. wM Mckn/J y Are -h—R r1up ti, Co% cu j y id4
2 . The subject property is classified as PeS/ckNTi4L s/'F0/47.4
property (what type) .
3 . The Ccunty Assessor originally assigned the following
actual value to the subject property for tax year /Y97 .
Land. $ 97 0,01'
Improvements $ / /
Total $ .2/8, OY1 _
4 . After further review and negotiation, the petitioner (s)
and Weld County Assessor agree to the following actual
value for the subject property.
Land $ ,270g2
Improvements $ /5 90`�
Total $ /7.E)90y
5 . The valuations, as established above, shall be binding
only with respect to tax year /997 .
991942
6 . Brief narrative as to why the reduction w s made :
sr? 4677Ape 'DY/ecnntS on ,n Aviu .CadPL — 4-5eiry a uy- A-AS
GAK� e - .tc CAL%H/ c1 72) Cori"c7,ri.Stth?T CovymfestMS
7 . Both parties agree that the hearing schedule before the
Weld ODunZ,y Board of Equalization on 7- 3 !`9 (date)
at // r ) (time) be vacated; or, a hearing has not yet
been scheduled before the Board of Equalization
(check if appropriate) .
DATED this �/0//yday of , 1999
Petitioner (s) or Attorney Petitioner (s) or Attorney
Address : Address :
" C .
935 s. rrli. 1C;r tc.y
F'-1. / inp-46re_ Ca Ra eta c
Telephone : 303- 857 - Telephone :
ounty Assessor
Address :
1400 N. 17th Avenue
Greeley, CO 80631
(303) 353-3845 ext . 3656
(@ r �
c-'4 l-fir 7 ,,a, -
BOE SUMMARY SHEET
Account#: R1167096 PARCEL #: 147107118017
BROWN MICHAEL C &
935 SOUTH MC KINLEY
FORT LUPTON, CO 80621
HEARING DATE: August 3, 1999 TIME: 11:00 AM
�1
HEARING ATTENDED? YJl) NAME: d% (1,/{/ e %' h t ,a<-C
AGENT NAME: —
APPRAISER NAME: r' ti Z� /'�_P Q l �C : /s �9 ' -
i
DECISION:
ACTUAL VALUATION
ORIGINAL SET BY BOARD
Land ? '7 E'(( $ 27,000
Improvements OR
Personal Property �1-� '�5 191,049
Total Actual Value s# / a ,) )a ' $218,049
COMMENTS:
MOTION BY TO : ADJUST/DENY /GRANT THE PETITION
SECONDED BY
Assessor's value upheld
Failed to prove appropriate value Baxter -- (Y/N)
No comparables given Geile -- (Y/N)
Increase/Decrease in Valuation Hall -- (Y/N)
Assessment Ratio Kirkmeyer -- (WNC'xa f'e°
Other: Vaad -- (Y/N)
RESOLUTION NO.
,a NOT;:CE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR
460tt\{'Jf`,,\i�' \\1 FTL L17 BLK1 COUNTRY DAY ESTATES 1400 NORTH 17th AVE.
GREELEY,CO 80631
PUD 2ND %935 S MCKINLEY AVE& PHONE(970)353-3845,EXT.3650
wok
COLORADO OWNER: BROWN MICHAEL C &
BROWN MICHAEL C & LOG 75
935 SOUTH MC KINLEY PARCEL 147107118017
ACCOUNT R1167096
FORT LUPTON, CO 80621 YEAR 1999
05/24/1999
The appraised value of property is bases 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 determination of value are:
THE ACTUAL VALUATION OF YOUR PROPERTY HAS BEEN ADJUSTED BASED ON NEW INFORMATION
OBTAINED. THIS MAY BE INFORMATION YOU HAVE SUPPLIED OR ADDITIONAL SALES WHICH WE
HAVE UNCOVERED DURING THE APPEALS PROCESS. .
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
LAND 27000 27000
IMPS 221221 191049
TOTALS $ $ 248221 $ 218049
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.
By: Stanley 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 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 EQUALIZATION'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.
PETFTION 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.
G ;� M
r,
i 9. 01 JULY 10, 1 999
' Michael C. Brown
935 S. McKinley
t �f Ft. Lupton, Co. 80621
Weld County Board of Equalization R /r(.'7c ,i
915 10th Street, P.O. Box 758 l y 11 /04iir�F, / r,
Greeley, Co. 80632
This letter is to inform you of my request to appeal the value the county
assessor has calculated our home to be worth. As you can see by the
attached information our home was appraised at $160,000 when we had it
built two years ago. Since that time the only improvements I have made
are a lawn and a fence. I'm having a hard time understanding how those
two improvements have raised the appraisal of our home to $218,049.
Homes in our area of comparable size and quality have sold in the last year
at prices ranging from $160,000 - $175,000. The house next door to us, of
comparable size, was appraised by the county at $185,000. This
particular house, however, has a larger lot and a hot tub gazebo. Homes
with a more square footage and larger lots than ours have sold for only
$210,000.
As you can see by the information I have supplied you, there is no way that
the real estate market will allow our home to sell for $218,049. The
town of Ft. Lupton does not have the financial base to support that high of
price for the houses in my neighborhood. In my opinion our home should be
valued at no more than $180,000.
Thank you for your time and I will be waiting to hear your response.
Sincerely,
Maw/ C • gcew,..t_i
Michael C. Brown
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) 39-13-104 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-EOUALIZATION
In the space below, please explain why you disagree with the Assessor's valuation. IN ACCORDANCE WITH 39-
3-106, C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR
AMOUNT. Attach additional documents as necessary.
KINA I UKt OF Yt 1 1 I IUNJK UA i t
ro•- y Description UNIF .M RESIDENTIAL APPRAISAL P ORT Flle No. N90903
Po peflyMdess 935 south NCN;inley Avenue cirFort Lupton State CO )%code 80621
? Litsenemiiam L 17. 8 1. Country Day Estates PUD 2nd Filing caedrWeld ._
$= Maccofl Prowl No. not yet determined Tax Year 1995 RE.Taxes lint detmnd Sphdd Awsenena$ npne
tBorrower grown commuters(tamer Sanders Cot3st. Ocrupenl: Omer Termini X I vacant
h
I Properly NaiadrighNaiad X Fee(prole Leasehold Picea Type X PUD CaWaNuum(HUDNA only) HOA It Mo.
I.
N.groomood a Pmled Name Country Day Estates Mw Itafaem.Fort Lupton Came Trod 0019.01
ts: sate Price II 159.824 Der of ees 11/01/96 Deadpan end a amount Of ban dwgetUoroe«bw b be pis by row nine known
'£ Lernsvtien1 First Security_Bank Address 605 Fourth Street. Fort Lupton, Colorado 80621
jt Mcrae Hobert A. divan ammo 19947 Z. Loyola Place. Aurora. CO 09013
Loceton _Urban _X.,an _X., dae eben _ Rural Predominant Single family housing Present land use% Land use chin e
oaupency PRICE AGE ❑
? Bute $uP Over 75% _26'76% Under 25% RIC Mal Ole femty 75' Growthre* —Rapid _X., X, Stable •_Slow Owner _ 119 Low new 24 hayX Not Briny H IJM4
< In poem
Stable Declining Tenant 7,i 0 High 0 Murf.mly To:further _
;:. D.menPropert walla _Warning _IL — —Vaasa to 5%)/// Predominent��� comm.mw Bingl�family—
i Demerlwppiy Shortage Ji_ In trance Over supply ,(. -
p
l Marketing erne X Under 3 has. 34 mos. Over B mos. vw4over 5%) 138 14 vacant 25 development
:i Note: Race and the racial composition of the neighborhood are not appraisal facto.
l> Neighborhood bound dh arbe and .r.d tw wa : _Sabil Street to the_tcrt=h,__spaapa n_ c&the__aouth,_Dsnvet—Avenue to_4.
t- the east and Highway 85 So the west. Near—the_Aiis_&Qlleges Fans bet ailed the me databey of the meanies In la.nelptbodiood(proxily to empbym.M and ea me..alalla ila steak.Waal b mania eta.):
The country Day Estates flubdivieion is a stable area that consists primarily of two story and
' ranch homes. This subdisieionss develcpe$_primarily_in._the__14H4'e with currDnt—dayelnpment_-
3
f noted. sales have incrtlael3fi—oyai`the_anal_12=1fl_.menthe._inorpaeiny_the_etakiliky..pf.,.the__,._... .
maidenhiaL.market.__Aceout ..to_puklic..transpoxtation_SO-_povr_but._ig-.typical_of..thia-area.____
..Proximity-Se shopping._ate heals_a_employment.Is average.----_---_--
'' Mew we Si tie auyeul relglthwlaied liMIdYW sipped d kw lie ass un as ite baled Ft lie tend ill
Inaptly pees, danienisaupey, endmeiSWg area • • ear se dela on
T was
eenthe a phepile tar ea In the rnlyltstbsd,de°w11raw1 el Is prevalence of sae end ens top eerws.Mww,eta I:
The demand for-this area is stable with sales indicating an average_marketing time of lees then
3 months. Area pr:op€rtifle_ssld on colivent.SQnai_ tarme,- $aced on comparablee_used. no discount_
points were paid s are not typical of this market. No unusual market conditions are noted.
Average listing price of homes in this area are near 5140.000. The subject is valued above the
.2 _predominant value. however it is not overimproved nor is marketability affected.
Project information for PUDe (If eppmble)•-is the developer/butler VI control of to Home Omar'AseodNrn(HOA)7 `_ vas I X No
1t Approximate Mal cumber ol units in the wb)ecd protect 65 Appoximate total amber of units for Ss in the subject prefect 8
Describe common elements are natation*Wales: It this t' = no O: fees rave bet, ester :aired.
,n amitni w not provided by _County records Topography mostly level /a
mown 1,500 of per appr;aieers estimate Comer Lot I Iva ®No elm average for sub _
eadlo zoning damilloalbn end aealpMn pUD,_Planned Ullirtal eYQlgpllen Shape rectangular /a
i garde omen. I X I Legal�J Legal nonconbrMng(wendhtsred use) LL i Repel II No mar Maude -appnarg_adeguate—._/a
`gib Hen a eat UN Oa Imprena: x Pnmrd use other use • • I view neighborhood /a
Utilities Pubic other Off-alto Improvements Type Pubes Prhate LandsoaNq no landacaping
n: asphalt fl • suda Ddvew.ya concrete. level /a
I'" stew+oa �L Public Srvc sb.a
Gas X United Powttr__ Cura's'6er .4sncrete fl sePow 'e•ssmws ..typisa1 ll •
wear 5 Fort Lupton Sidewal concrete fl ■ FEMA Special Hood Hoard Ana Yea No
k° _�',� FEMAZoe C MepD.b 04/02/79
sIM./ewer it Fort Luptor Slat phis yes
` Storm ewer Ale !ore ILIA II FEMA Ms• No. f :0 8 0001 8
'h' Qemmente(append edam easements,encroachments,wedd ee.anenb,tilde areas,legal or legal renoonbrm.ig zoning use,eto.g Property is
;%a eubieat to normal utility easements, which have rip negative effect on the marketability of the_
=ub-iect. No adverse encroachments were noted on the subject property at the time of inspection.
;4 GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION
. No.ol Unite one Foundafbn concrete __ slab yes.basement A1es tq'It 1096 Root
♦:4 No.ol Stones two E.tedir roam brick yen Crawl Spa® none %FNMsd 0 Cans R-39 _X.
TA*(DevAt) __AO—A hfifl new cudeoe composite Beeman yes,full Clang _joists _ woo R-19 it
1.1 worms.) two etry Gusee a Owra4b. aluminum Bump Pump none antptd wale concrete_ Floor none
EWtlnyPropesed proposed Wind°wr)TM dbl.vinyl D•mp10aa none antptd now - concrete_ None
Agenn.) 1996/Oyr Sawnv&ae•ne no/yes See'm•nt none antptd Dub'd'Envy.none -_— Unbown
—
4 Effects Age VW 0 eff M• uli chaff Pi ° no Infestation none antptd
ROOMS Foyer Wee DYdng Kl a en Den Family Rm. _Rea Rm. Bedrooms a Bate Laundry Other Nee Sq.Pt
; BeemWl _ - _ — ion
$s Level 1 1 1 1 ,5 X _Junk__ 1089
lawl2 — _ 3 2.0 _ _ 1105
.r Rnikhed area above grade contains: 7 Rooms; 3 Bedroom(*); 2.5 Bating: 2.194 Squats Feel of Gaon Lang Area
6. INTERIOR MateNttondbon HEATING KITCHEN EQUIP. ATTIC _ AMENTES CAR STORAGE:�I avg
garpet.vinyl/n NA gfa Floaemmewebr _ Now _ Fkepl.ce(s)e 1 gas S Gone pi
>
was drywall,pnt /n Fun gas R•"geQve" _X_ stab - t•Yo concrete .x Garage a of cam
L. Trim/Finish wood/stain /R C0rwlbon new D'tiPOe" _X_ Drop WO rock — healed
Bath Floor vinyl /n COOLING Dishwasher Sniffle Porch Detached
Bathwe.ewt tile.fbrglss/n cents' none Fentlood _IL Bon FeA0e Bum-b 3
Doors hollow core /n 0*wr none Macaw — Heated - POol — Carpal
4
Caidtan asem waeeollyer Finished tkkeway 2
AddIMW features(special energy eatenNara eta.): Energy efficient items noted would include; a gas log fireplace
Cq
and gas forced air heating., see Addendum One for Description of Improyementai__
'11 Calton o1 to inpmemab•depedaton(phyla fontanel,and eMem*Q,resin needed,quarry of conebblbn.rmrrodekeeddMne.No: She _r
subject is not considered to have any functional inadegva.r•.ies in regard to layout..nd_deaign.
The subject market area i.s considered to be stable_with no external inadeguaaisa. noted,—The__..
1 subject is anticipated—Isi_be_i.asood/new cpndition_with no noted repairs neededs__
Adverts en.eomanal conditions (such a, bul not embed to, hemdoue wades. ado subsumes. eb.) puma in is Improvements. on to Ma. or In the Immediate Nally of is
sated property: I1QSdverQe.._enyironmental conditi onn_otLth9_eita._improvementU or _—
,.%A immediate vicinity were noted at the time of inspection. see attached Environmental Disclaimer.
Redd*lice Finn 70 693 Fannie Mae Form 1004 0-03
"TOTAL"ameba software by a la mode,Ina I d -ALAMODE 00
PAGE 1 OF 2
aluatfon section UNIF IAA RESIDENTIAL APPRAISAL I 'ORT File No. N40403
:` ESTIMATED SITE VALUE. • $ 28,000 Comments on Cost Approach (such as,source of cost estimate, site
•I; ESTIMATED REPRODUCTION COST-NEW-OF IMPROVEMENTS: WWII, square foot calculation and for HUD, VA and FmHA, the
I. D..Ni 2, 194 Sa FL a 58.00 -$ 130,384 estimated remaining economic life of the pmperty):
$
K 1,096 Sq.FL es 11.00 12,056 The estimated reproduction cost estimate
'. appliances, skylight, frplc - . _, 5,200, was derived using the_Marehall_s Swift
GanQNCarpurl _674 Sv.fl ss 12.00 • 8,088 ..l4andb_ooqLae a guide only, he_depreciation
A. Total Estimated CostNew -a 155,728 was calculated using the age/life method
toss Plyabl Funclonl Etnal of depreciation. The value of the land was
sz?i D.w.aamn I _J _ •a_ determined using previous land sales oral
4.
.11 Depredated Value of Improvements -$ 155.728 in some cases the allocation method was_
rill: •A.+.•Vika of Bea lmpoa.m.m. driveway -$ 1,800 used. The estimated rema3ni g economic
INDICATED VALUE BY COST APPROACH •$ 185,528 life for the subject is 65 years.
REM SUBJECT COMPARABLE NO.1 COMPARABLE NO,2 COMPARABLE NO.3
935 S. McKinley Ave. 870 S. Hoover Ave. 925 S. McKinley Ave 870 S. Fulton Ave.
'' Address • t Lu• o ��'l!!!����� Fort Lupton Fort Lupton Fort Lupton
_ • ��
u _ ������� 1 b ocks northwest next door bloc ce
.�R..' Sales Pike a 159�QZ4 4����f��7�/.s 1 500 �l�fSs 4 / ! 6 500
'g NOS/Grose u..Ana 2 71.10�'_ $ 72.48 t �������A 70.14 ������� i�89.93 471—K7� �.4
4
: Date and/or Inspection MLs/County mix/County MLS/county
r„ vsao.wnSoutse r : : • _Mat DOM-7 DOH-new const. Dom-49
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION it NI$Aquwnara DESCRIPTION I.I-)a Aqu•lmeM DESCRIPTION •(.)$Acluat ant
Sales or Plnrm,s j "FHA terms conventional Conventional,
weanos w Dale a t1 � no pta.paid_.__... . _...-. _na..pt..paid. __._. __.. .__.. _no_pta_paid _•.-___. .
.N/nne ////�///!� 45l4.1l36_-. -_- --- .Il7L24L24— _. _SflL2:IL21-
1 1av1!Nh Country Day Country Day Country Day : Country..Day
temommesmik fee simple fev_uimPle fpv_slmple fee salmple .
flee 7,100 lath 7,920 at 1a _0,940_s0/a_.__.-___ _ 0.00 0_at /a
4. Vbw 1•hbrhd Jo nghbrhd /a na-hbrhd /a. nghbrhd /a
. . and ; M :tor _La two story /a 4-level /a' +2.000 ranch /g -2,000
On •c et 1a brick yen /a brick yen /a brick /q -2.500
1996/0 •Lf 1985/4 off 1996/0 eff 1984/3 eff
& Conmon I= cons0,__ new roof/pnt . +8.000 new const. n/pnt.cpt +6,000
, Move Grade Total ' ed,m• Baths Total • Eldon Baer ' Total : Bdme: Bale : Total et►m.' Baer
i 3 Room count 7 3 2.5 8 : 3 :2.5 7 ' 3 :2.25: +500 7 3 . 2.0 +1,000
4 OmestIMgM.a 2.194 si1l_ 2,035Eq.VI- +4.770 2,075 GI.FL • +3.570 1,,Q0_78a.n. +11,6.10_
B• asenentaRIlMsd 1,089 of E 1,108 sf p 744 sf p +1,800 1,432 of p -1,700
..g R• ooms Below Grade 0% no bath _ 14%/no bath -700 0%/no bath 1001/1 bath -12,500
NI peptone average average average average
, Nell a to e __gfa/att fan -400 gfa/central : -1.500 gfa/att fan -400
m , double pane double pane double pane : douTflepane
3 c= taj dem 2 car att +2,500 2 car att +2.500 2 car att +2,500
• Porch,Pew,Dedt, patio deck -500 patio c-patio -500
F epaw(ah.b - • -s .plc no fireplace : +1,500 1 gas fplc no fireplace +1,500
Fta,Pool,et to ldec•ng_ full/sprklrs : -2.500 no lndscpng : full lndscpg -2.500
' , to, : - a• •1: stnd apiiss +500 new ap la new_p
510
. Na ••� %%%/ jj ///� i 160,670 13,170 ��///////S 154,415 si : 163,O10
Comm.nb on SfNa Compubon(babaw Ile a tb of pocm I/a oompet•y b ar wlatthorteod..1J: Two of the four sales closed
st
td within the past 4 months. Sale #1 is a resale located in Country Day Estates, is similar in
size & basement features. Sale #2 is similar in location and condition. Sales #1 and #2
4 are given most weight in_determining the subject's estimated market value. sole #3 is one of
a , = ,I., - _ , _ , _ . :_in the Country Day Estates subdivision however it is given minimal
� cot: d: . :t •n t• toe differneces in style. si e and basement finish._
ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.a
Dab,Price and Data new const. 12/92, $105,000 new const. none
X avorm w wlw*aNe no sales per according to no sales per according to
.4 wEt vofa,• - CI ' :cords County Records County Records County Records
yi
AnalyW of any mown apmm.nt of NON oPeon,or NNg of M subject properly and wa y*of any prior*ales of subject and oomprnbles waltz one year of the rate of.ppn al:
The sub ect is a new home built by Jerry sanders construction. This home was built for the
- t • : 10 ' <ted for sale at any time.
INDICATED VALUE BY SALES COMPARISON APPROACH $ 160,000
41 INDICATED VALUE BY INCOME APPROACH (II App•o.M•) Estimated Merest Rent I n/a A4o.a Gross Rea Multipostn/a -• n/a
}.? TN.appraisal la made 'as le' _J subtle b therepeka.•lkrdons.Iwpeo cur orconditions New below X gulped to completion per plus end ar �d •wts.
conawnsolAppwM: See the limiting conditions included within this report. This ip a "Summer
Appraisal Report".
19rsl R.mrsasNm The Income Approach was inappropriate due to insufficient data in developing a Gross
Rent Multiplier and an_g@timated market rent. The Cost Approach was given secondary
t consideration. The Sales comparison Approach was given most weight in estimating market value,
Rs purpose of this appraisal N b •eBn.a the midget valve of the reel property Nat Is the subject of Iles report, bawd on the above conditions and the oMaaaon,timer artd smug
madams,and mediet value wallbn sal an flew in the stunned Freddie Mao Form 439/Farnle Mae Form 1004B(Maiwd June 1993 I
� fi I(WE)ESTIMATE THE EEARKETVALUE;,ASDEFINED,OFTHE REAL PROPERTYTHATISTHESUBJECTOFTHISREPORT,ASOF , 11[14/96
' (WHICH IS THE DATE OF INSPECTIONI AND E EFFECTIVE DATE OF THIS REPORT)TO BE$ 160,000
APPRAISER: ,,(//A�(� SUPERVISORY APPRAISER(ONLY IF REQUIRED):
A Slpebw. iJV - / SlpnaWm Did El DM Not
• Name Robe t A. Given Name Inspect Properly
7st R oeport signed November 16,_1996_ Del.Report Signed ---
s1 Staeamawwn/ CR01320539 _.__._. ebeCO SateC.dawaon/ Stele
Or sae thew. aisle Or Bate License. Slate
Fndde Mao Form 70 693 Fannie Mae arm 1001 a-W
TOTAL-appnlea mitten by a e mode.No. 1-8e0-ALAMODE
PAGE 2 OF 2
MARKET DATA ANALYSIS
Then recent ales of properties am IMat Mier and proonale b aublid and haw been oonsdersd In h midst rrlyele. To dnm4ton Inductee.PM*Meal,snare meal
reaction b ha lams of Mplaoant Pinata aman the MOM and mrrpambl properties. II i dpranl Mat In to comparable popery le aped b,or more tamable than,M waged
popery,a minus I.)ad)u*nrd le man,kw mdudq U.hdoat d Piles of aged:If a S rSoru Mm h to compatible le hut to,or lea Mantle tea the molded popery,a pus(t)
a$aMnent Is made,thus the bdoaled Wes of M aped.
ITEM SUBJECT COMPARABLE NO. 4_ COMPARABLE NO. COMPARABLE NO.
935 S. McKinley Ave. 940 S. McKinley Ave
Address Fort Luton Fort Lupton
Pmmay b st*Ma - across the street
Sall PAN a 159,824 ,a 145 000 '�' s � g:gri%
PrdwGron Wag Area S 72.85 tip $ 88.96 d s.y--,, x $ a 3 x , $ in �J va.xi
Data.radar Inspection MLS/County
vsruMtMn soma Days on mkt DOM-106
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION I1(-}I Ad)uanent DESCRIPTION I t(-)S AQufnenl DESCRIPTION t(-)t AQuaband
Sale or Rwdog ` 'A Conventional
conceits.* /s no pts paid
'q Dale dSatell a 03/11/96 -
43 dartbn country Day Country Day
s' aawrowr a$Maw fee simple_fee simple _-
See 7,500 est L 7,500 eat (ay___
vie nghbrhd _La_ nghbrhd /aa
• wa4netdAppnl two story /a two •ton, a;--
"� owopgoninolyn britk Yon Is brink von /o
r1 __ 1996/0 of!_ 1995/0 off
onion new sonat. new gent.
a. Abeva(}tide Tout alms Betas Taut Odom Bars Total elms Bits Tout Bdhm Bathe
N'. Room crag 7 3 2.5 6 3 2.5
A. Oros Living Ma 2,194 .R 1,630 Sq.R. +16,920 Sq.R. Erb FL
N; Beam.M enehei 1,089 Sf f 800 of p +1,500
Ai poems SsbwGrade 08/no bath_08/no bath
y FurlctlpalUley average average
S warecaoa,t qfa/none qfa/none
Energy MOM les double pane double pane
it erapACapod 3 car tandem 2 car att
Porch,Pilo,Deck, patio c-patio -500
II! Rmplem(ab•b. 1 gas fplc_ 1 gas fplc
!.! Fence,Pool,ab no lndscpng_frnt lndscpq -1,500
a• •liances new a• •ls new a. •ls
Net AquMmd pow) ,EIi10.111- $ 16 420 + 1- .$ + -:$ _
Mailed Babe PM
of Combat* $ 161,420 r; . ,_?£- if ... t
Die,Pea red Dea new conat. - new conat. -
Soaa d pd nlea no sales per no sales per
Y!i within year of appraisal Cnty Records Cnty Records
Crmenbon Maned Dale sale #4 further supports the subject's estimated value however due todate of
!b. sale and a large adjustment for difference in size is given least weight.
C'
0
M _
Mi
g' —
N. —
S'
Midst Data Ana4W&te -TOTAL'appraisal software by a It male,Fat 1-0O0-ALAMODE
WELD COUNTY
STANLEY F. SESSIONS COUNTY ASSESSOR
CHRISTOPHER WOODRUFF, DEPUTY ASSESSOR
APPRAISAL REPORT
OF
RESIDENTIAL IMPROVED PROPERTY
FOR
County Board of Equalization
BROWN MICHAEL C &
GALLEGOS-BROWN DEBORAH JO
PETITIONER
VS.
WELD COUNTY ASSESSOR'S OFFICE
RESPONDENT
Parcel Number: 1471-07-1-18-017
Schedule Number: R1167096
Log Number: 75
Date: TUES. AUG. 3"
Time: 11:00 AM
Board: CBOE
Appraisal Date: June 30, 1998
PREPARED BY
APPRAISERS NAME
MICHAEL F. SAMPSON JUNE, 29, 1999
Signature Date
ASSESSOR'S OFFICE STAFF APPRAISER
ASSESSOR VALUE
$218049
OBOE RES_010898
Page 1
GENERAL DESCRIPTION AND MARKET SUMMARY
SUBJECT SITE AND IMPROVEMENTS
This property is located at 935 MCKINLEY AV in the city of FORT LUPTON. The legal
description of the property is FTL L17 BLK1 COUNTRY DAY ESTATES
PUD 2ND %935 S MCKINLEY AVE%. Utilities available to the site are typical for the area.
The residence is a Frame Masonry Veneer house constructed in1997. It has 2369 square feet
of finished living area. There are 3 bedrooms. The Assessor has classified the structure as a 2
Story home of Average quality, using Average quality materials.
� zJ
I
,uFRnaS :�" �* :; 4 er} :sta7;�.
CR°E 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 Weld 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), CF:s}. The Assessor has considered this approach to value for the subject
parcel.
INDICATED MARKET VALUE
$ 218049
CBOE RES 010898
Page 3
WELD CO'tJNTY ASSESSOR
Comparables Report with Adjustment Grid
Subject Comp #1 Comp #2 Comp #3
SDate/Price 12/6/96 $24,000 5/13/98 $156,500 10/30/97 $117,000 10/31/97 $123,900
Parcel# 147107118017 147107119001 130932412065 130932412006
Account# R1167096 R0089693 R7220698 R7214798
Address 935 S MCKINLEY AV 250 DONNA FORT LUPTON 1703 ASPEN FORT LUPTON 1035 BIRCH FORT LUPTON
FORT LUPTON
Nbhd 43 F 43 D $0.00 43 F $0.00 43 F $0.00
Land SF 7512 8020 $0.00 6840 $0.00 7030 $0.00
Occupancy Single Family Res. Single Family Res. $0.00 Single Family Res. $0.00 Single Family Res. $0.00
Bit As 2 Story 2 Story $0.00 2 Story $0.00 2 Story $0.00
Year Built 1997 1994 $1,500.00 1997 $0.00 1997 $0.00
Quality Average Average $0.00 Fair Plus $6,000.00 Fair Plus $6,000.00
Class $0.00 $0.00 $0.00
Exterior rame Masonry Veneer Frame Hardboard $2,500.00 Frame Hardboard $2,500.00 Frame Hlardboard $2,500.00
Bldg SF 2,3E19 2196 $55.00 1478 $48.00 1376 $48.00
Bsmnt Unfin 1,282 930 $18.00 514 $18.00 624 $18.00
Bsmnt Fin 0 0 $0.00 0 $0.00 0 $0.00
Garage 5"5 736 $8.50 396 $8.50 600 $8.50
Rooms 9 7 $0.00 8 $0.00 6 $0.00
Bedrooms 3 3 $0.00 3 $0.00 3 $0.00
Bathrooms 3 3 $0.00 3 $0.00 3 $0.00
Time 0.00 0.00 0.00
Other $0.00 $0.00 $0.00
Adjustments LocEtion $0 $0 $0
Land Size $0 $0 $0
Occupancy $0 $0 $0
Built As $0 $0 $0
Age $4,500 $0 [ $0
Quality $0 $6,000 $6,000
Exterior/Class $2,500 $2,500 $2,500
Building Size $9,515 $42,768 $47,664
Basement $6,336 $13,824 $11,844
Garage ($1,879) $1,012 ($723)
Rooms $0 $0 $0
Bedrooms $0 $0 $0
Bathrooms $0 $0 ' $0
Time $0 $0 $0
Other $0 $0 $0
Total Adjustments $20,972.50 $66,103.50 $67,285.50
Adjusted Sales Price $177,472.50 $183,103.50 $191,185.50
Adjusted Sales$/SF $80.82 $123.89 $138.94
$ISF Market for Subject $80.80
Final Market Value $191,415
•
WELD COUNTY ASSESSOR
Comparables Report with Adjustment Grid
Subject Comp #4 Comp #5 Comp #6
SDate/Price 12/6/96 $24,000 4/30/98 $124,800
Parcel# 147107118017 130932412007
Account# R1167096 R7214898
Address 935 S MCKINLEY AV 1041 BIRCH FORT LUPTON
FORT LUPTON
Nbhd t3 F 43 F $0.00 $0.00 $0.00
Land SF 7512 6740 $0.00 0 $0.00 0 $0.00
Occupancy Single Family Res. 100 $0.00 $0.00 $0.00
Blt As 2 Story 2 Story $0.00 $0.00 $0.00
Year Built 1997 1997 $0.00 $0.00 $0.00
Quality Average Fair Plus $6,000.00 $0.00 $0.00
Class $0.00 $0.00 $0.00
Exterior Frame Masonry Veneer Frame Hardboard $2,500.00 $0.00 $0.00
Bldg SF 2,369 1369 $48.00 0 $0.00 0 $0.00
Bsmnt Unfin 1,282 624 $18.00 0 $0.00 0 $0.00
Bsmnt Fin 0 0 $0.00 0 $0.00 0 $0.00
Garage 515 480 $8.50 0 $0.00 0 $0.00
Rooms 9 6 $0.00 $0.00 $0.00
Bedrooms 3 3 $0.00 $0.00 $0.00
Bathrooms 3 3 $0.00 $0.00 $0.00
Time 0.00 0.00 0.00
Other $0.00 $0.00 $0.00
Adjustments Location $0 $0 $0
Land Size $0 $0 $0
Occupancy $0 $0 $0
Built As $0 $0 $0
Age $0
Quality $6,000 $0 $0
Exterior/Class $2,500 $0 i $0
Building Size $48,000 $0 $0
Basement $11,844
Garage $298 $0 $0
Rooms $0
Bedrooms $0
Bathrooms $0
Time $0 $0 $0
Other $0 $0 $0
Total Adjustments $68,641.50
Adjusted Sales Price $193,441.50
Adjusted Sales$/SF $141.30
$/SF Market for Subject $80.80
Final Market Value $191,415
1 1
n •fit,
t1
--. r`f • „. ,•fit 1
8 -
.....J ll `y/,frxj, Fd �-
'. 2� S } r l
)4. i LK
I F 0 S, • G 1
J
jI
Il
Ire I
¢
w
I� L.° I w
R .'y
N F8
Q c
a , X J
a Ce. 3 o - 0: s
a i
I- Cl. �:_ h ~
o 0
1 io _ z I.
a .
J
Y 1 m ti
1 W
J im _ u)
Q 0
C N
C 1 1
1 2
3- ._. -
A •
o,
-
t `
\ s4
-N
C
J ' I
z
U
o n
_--.
e
_.J
: ,�
Y , j
V
O a
" t0 ¢ Fs r P
q. \µ d
J
L
I0 l
I i rb w z' !" 1 I
f'� f ;',
I ¢ 1 I
It. t 3
I ,c, c".- l i a �s
l" a a`.
m
z
3 z
cc o I
1 2
M _, I I '1-
r', w z ci
l e
Di b I
IO
0
O.� 31
tl a W
2 J_
3 I
N 1
Li 1 z z1
1 O f J • l I �— +
r w '
o i
., C I I
sift _
J j Q
1
' 1
nI
cc
— —
1 1 '
8 1
e
iii___
v = o
r
j
a
I
m I4.
Cw j
i
C0
l Nil II I 1
I
o
Z
V 1
1
F 1 I
i ,
p ,1.
PI
V /`
`V.
I 5
1 F-. li i 4 'if
Sr , F
s
=sir. o
w , ira
Q I
r(:; ccI
1
�(^ u I
f.�.) 1
N
3 =
I
w r I 11 ICO
J —.- , yDTL
U I 0 .c
rc
J a. i. I:: O o
t. f� lit; w �cc , €
7 Z a I ;
i� 4 in2 JI
O I
11 W F m
1. z o =I 1 11
ix
O j I 1
_ ,. i !.
J — _
_ r _1 u) I
- W
o o 11 I
: P I 1
1
J
J I 11 1
1 1 1 1 —
', s T
1
1 , 1
1
1 L
I 11
1
I
--- 1 7
C
n
y I '.
,
o
S
-r w
khO
Rl 11a 1 1 !
11I
0 1
z to y' 1 cµ '" ,f
cc
l gam"
a
t �
U
o o
4 ! iI, 5p }
wnev.
ximwwa-a A d �. ____
c-
U
}
W '.A
C Z U '9^ h 4..` !F
;� li ¢' I .. 1 � �: I
4
M 1 M`czmmssa ? aY.
cr- -r a _ �,( °a
is
�_
nn T 'i ^a, `
�" r
; z
w V
� . V cc1 -C
z c- y�
z
Y w - 1 i
J W iz it '�
Y ! w I , ITAT
a 0cc
'
n 1 t z a 1
a o I1 I
�o
3-- o o op eI
1 z o I i t 1
cc co { I
0 I
K
o
_ w I
L S wLI
p:
J com _.
CO VS
O
c ✓cl .— c 1.
3_ —{ >'
I
o
I
1
o
I
ci
Z.
W
o
_+2
Hello