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HomeMy WebLinkAbout951572.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO PETITION OF: HOGELIN THOMAS G & PAMELA K 14736 COUNTY RD 22 FT LUPTON, CO 80621 - 9505 DESCRIPTION OF PROPERTY: PIN: R 0024289 PARCEL: 130916000052 - 16122 PT W2NE4 16 2 66 BEG NE COR OF W2NE4 THENCE SOD12'W 1037.20' N08D50'W 165.85' N32D26'W 174.73' N26D37'W 281.09' N01 D33'W 181.53' N06D48'E 174.72' N01 D40'E 119.93' E230' TO BEG LOT-A REC EXEMPT RE-1110 (.16R) WHEREAS, the Board of County Commissioners of Weld County, Colorado, organized 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 1995, 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 1995, 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: ORIGINAL ADJUSTED Land $ 20,213 $ 20,213 Improvements OR Personal Property 223.323 204.787 TOTAL ACTUAL VALUE $ 243.536 $ 225,000 951572 AS0032 ft.: R J, RE: BOE - HOGELIN THOMAS G & PAMELA K 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 3rd day of August, A.D., 1995. BOARD OF COUNTY COMMISSIONERS COUNTY, COLO DO ATTEST: �/�,l!��//,�//// Dale K. Hall, Chairma Weld Count er. . jkb bdref FxCi 1RFn Barbara J. Kirkmeyer, Pro-Tem BY: putt'Clerk to-khe B rd Deputy CFetk to:fhg E�p�rd Fxci 1sFn LLl't Geor e E. Baxter APPROVED AS NM: ( 'Q did Constance L. Harbert ,4Y,�J1CQ hu ty Att net' %y . t J J W. H. Webster . 951572 AS0032 1995 BOARD OF EQUALIZATION WELD COUNTY, COLORADO ASSESSOR'S PIN NUMBER 0024289 STIPULATION (As to Tax Year 1995 Actual Value) RE PETITION OF NAME: HOGELIN THOMAS G & PAMELA K ADDRESS: 14736 WELD COUNTY ROAD 22 FT. LUPTON CO 80621 Petitioner(s), THOMAS & PAMELA HOGELIN and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 1995 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation The Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: PT OF W2NE4 16 2 66 AKA 14736 WELD COUNTY ROAD 22 2. The subject property is classified as RESIDENTIAL property (what type). 3. The County Assessor originally assigned the following actual value on the subject property for tax year 1995 Land $ 20,213 Improvements $ 223,323 Total $ 243,536 4. After further review and negotiation, the Petitioner(s) and Weld County Assessor agree to the following tax year H95 actual value for the subject property: Land $ 20,213 Improvements $ 204,787 Total $ 225,000 -5. The valuations, as established above, shall be binding only with respect to tax year 1995 g51672 6. Brief narrative as to why the reduction was made: DUE TO OTHER COMPARABLE SALES DURING THE BASE PERIOD OF JAN. '93 - JUNE '94. 7. Both parties agree that the hearing scheduled before the Board of Equalization on JULY 27, 1995 (date) at 11:15 (time) be vacated; or, a hearing has not yet been scheduled befor the Board of Equalization (check if appropriate). DATED this 24 day of JULY , 1995. 7 /e� Petitioner(s) or Attorney, Petitioner(s) or Attorney s Address: 4' 1`f7ts(4 GJ�k' 11127 F?. L r In Ocj Telephone: L303-3S 1 — 6'5 Y.R Teleph ne: aildPrA County Assessor 1400 N. 17th Avenue Greeley, CO 80631 (970) 353-3845, Extension 3650 Kit CLERK TO THE BOARD �t PHONE (303) 356-4000 EXT.4218 FAX: (303) 352-0242 915 10TH STREET wiEgP.O. BOX 758 C GREELEY, COLORADO 80632 COLORADO July 14, 1995 Parcel No.: 130916000052 PIN No.: R 0024289 HOGELIN THOMAS G & PAMELA K 14736 COUNTY RD 22 FT LUPTON, CO 80621 - 9505 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Thursday, July 27, 1995, at or about the hour of 11:15 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. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor will be present before the Board. The Board will make their decision on the basis of the record made at the aforementioned 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 10, 1995, and mailed to you on or before August 16, 1995. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes. 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. 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. HOGELIN THOMAS G & PAMELA K- R 0024289 Page 2 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 • Donald D. Warden, Clerk to the Board BY: w.�aJe Klee A. Schuett, Deputy cc: Warren Lasell, Assessor (MICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY,COLORADO 80631 NOTICE OF DENIAL PHONE(970)353-3845,EXT.3656 16122 PT W2NE4 16 2 66 BEG NE COR OF W2NE4 THENCE SOD12 'W 1037.20' N08D50 'W 165.85' N32026'W COLORADO 174. 73' N26037' W 281 .09' NOID33' W 181 . 53' N06048'E 174. 72 ' NOID40 ' E 119 .931 E230' TO BEG LOT—A REC EXEMPT RE-1110 ( . 16R ) 14736 22 CR WELD CWNER HOGELIN THOMAS G ti PAMELA K HOGELIN THOMAS G G PAMELA K PARCEL 130916000052 PIN R 0024289 14736 COUNTY RD 22 YEAR 1995 FT LUPTON CO 80621-9505 LOG 02884 05/24/1995 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): RESIDENTIAL PROPERTY IS VALUED BY CONSIDERING THE MARKET APPROACH. AGRICULTURAL LAND VALUE IS DETERMINED SOLELY BY THE EARNING OR PRODUCTIVE CAPACITY OF THE LAND. CAPITALIZED AT A RATE SET BY LAW. ALL OTHER PROPERTY, INCLUDING VACANT LAND , 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 deter- mined 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 ' 93 AND JUNE ' 94. THESE SALES WERE TIME TRENDED TO THE END CF JUNE 1994. THIS IS DONE TO ACCOUNT FOR THE CONTINUING RISE IN MARKET VALUES DURING THAT TIME PERIOD. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW LAND 20,213 20,213 IMPS 223. 323 223.323 • TOTALS $ $ 243, 536 $ 243, 536 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. WARREN L. LASELL 06/19/95 WELD COUNTY ASSESSOR DATE 3J 15-DPT•AR Form PR-207.e7ie4 /1f](11T1II1U AI INIFr1RMAT!MU (1AtFGVFRCF CI(1F a 6 HOGELIN THOMAS G . and PAMELA 14736 WELD COUNTY ROAD 22 10 FORT LUPTON, COLORADO 80621 Dear Board of Equalization : I hereby protest the property valuation on the above referenced subject property . I believe the valuation is too high . In your letter of denial of property valuation you use the reference and term of "time trended value"this is a broad and ambigious term , may I have the definition and where this term came from and why is this term bein3 used in reference to my property . We realize the property values have increased at an extremely fast rate over the last year . However , a 45% increase on our property is totally out of line with similar properties in our area . We feel we have every right to be given a listing of properties that are similar in value and used as"comps" to valuate our property . Please find attached an appraisal report completed by a licensed appraiser . I am also including new listings of properties as of June 1 , 1995 . Thanking you in advance for your prompt attention to this matter . Sincerely , i " act �2vnC COMPARSIONS OF HOMES IN WELD COUNTY 1994-1995 ADDRESS SALE PRICE DATE No. ACRES SQ.FT. YR. BLT PRICE/SQ. FT. 930 Fulton 135,500 10-11-94 0.17 1615 1994 83.90 684 Rose 154900 9-11-94 1445 1981 107.19 15509 Great Rock 154900 21-10-94 2.44 1600 1992 96.87 4280 W 66th 240,000 27-8-94 0.78 4242 1970 56.57 9998 N.Lane 225,000 30-11-94 2949 1976 76.29 16561 E. 121st 269,500 12-8-94 2.48 3290 1983 81.91 4505 W. 112th 194500 24-8-94 2.00 2068 1979 94.05 664 S. 14th 259,900 4-1-95 2828 1985 91.90 5499 WCR 69 151,500 24-3-95 1.25 1776 1975 85.30 875 S. 13th 114,950 30-3-95 2164 1978 53.11 440 Cedar 143,500 20-4-95 1696 1985 84.61 877 Poppy 159,900 13-4-95 1922 1987 83.19 15241 Telluride 214,000 18-1-95 2.00 2250 1972 95.11 ITEM ' SUBJECT COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE NO.3 14736 WCR 22 7420 WCR 49 19526 WCR 8 9701 WCR 24 Address Ft. Lupton, Colo Hudson Hudson Ft. Lupton Pros. to subject 8 ml SE , 8 mi SE 4 ml NW SalesPtice $ n/a 00WWWWQ$ 169,950 s136,500 "$150,000 Price i GLA $ .Q0 El $ 80.93 E ' $ 91.00 otM4WWW, s 68 18, eiMagAM. Data Source Inspection Multi—List/Broker Multi—List/proker Multi—List/ roker VALUE ADJUST DESCRIPTION DESCRIPTION +/-Adiurment DESCRIPTION I lib Adjustment DESCRIPTION +/-Adjustment Sales or Financing i Cony 7.5% 0 Cony 8% 0 VA 8% 0 B, Concessions € 1.25 points 0 no points 1 0 no points 0 a_:, Date of Sala/Time 6-93 5-93 0 3-93 0 10-92 1 0 1/ Location Average Similar 0 Similar 0 Similar 1 0 1, siteiview 3.85 acres 3.62 acres 0 10 acres r —10,000 10 acres I —10.000 Design& Appeal Ranch/A Ranch/A 0 Ranch/A 0 Ranch/A 0 D. Quality of Connt. Brick/G Fr/Br/G 0 Frame/MOD/A ! 10,000 Fr/Br/A , 5.000 M: Ago 3 yrs 12 yrs 2,500 24 yrs 5.000 10 yrs 2.500 p. Condition Good Good 0 Good 0 Good 0 A'; Above Grade Total Berms, Baths Total 1 Bdrmel Bathe I Total Bdrmai Bathe Tong !Berms Bale Ft.: Room Count 8 21 3 7 21 31 0 71 31 a 1,000 9 4 3 0 Ik g: Gross Living Area 2,119 Sq.Ft. 2.100 sq.Fci 0 1.500 sq.Ft. 6,000 2.200 sq.Ft. —1.000 P. Bsmt. & Finished 1444 SF 2000 SF —1,000 Crawl i 10,000 crawl 10,000 Rms Below Grade 1083 finish 750 finish 1.500 ': 4.000 1 4.000 A- Functional Utility Average Average ! 0 Average 0 Average 1 0 N HeatingiCoolino GFA / AC r GFA/AC 0 GHW/AC 0 GHW/WAC I 500 /}:': Garage/Carport G-2—A G-2—A 0 G-2+—D 0 G-2—A I 0 G Y Porches. Patio, Slab Cov. Patio —1,000 Cov. Patio —1,000 Patio 1 0 s': Pools, etc. ! Irrg Water I —2,000 f S, Special Energy Dbl Pane Dbl Pane 0 Dbl Pane j 0 Storms I 0 : Efficient Items :' Fireplacelsl 2 FP 2 FP i 0 I None ! 2,000 1 FP 1 1,000 Other I.g.kitchen Sprinkler 1 -500 i sprinkler —500 equip. remodeling) � Outbld s —2,500 Outbid I —2.500 Net Adj. (total) X + - '$ 1,500 n * 1I' Is 24,500 M . - ($ 7.000 f Indicated Value j :Iii .j of Subject i s 171,450 $ 161,000 1$ 157,000 Cmnts. on Sales Comparison: Comps vary somewhat from the subject, but are the best +'"' available due to limited overall sales of similar homes on small acreages. These are the best available and are representative of the local market. LINDICATED VALUE BY SALES COMPARISON APPROACH $ 165.000 • INDICATED VALUE BY INCOME APPROACH (It Applicable)Est. Mkt. Rent a 900 /Me. x Gre. Pent Multiplier N / A =s N / A rThis appr. is made n 'as is- n subject to the repairs, alterations, inspections or conditions listed below j completion per plans end specifications. .ii"R Comments/Conditions of Appraisal: SEE ADDENDUM E c Final Reconciliation: The income approach is not applicable due to the non—rental nature of the subject prog_Qrty. The market approach is considered the most reliable �. for this property. and is supported by the cost approach, ,;I„. This appraisal is based upon the above requirements.the certification, contingent and limiting conditions, and Market Value definition that are stated In FmHA,HUD &/or VA instructions. A' n Freddie Mac Form 439(Rev. 7/861/Fannie Mae Form 10040(Ray.7/86) filed with client 19_ ❑ attached. T'.. I (WEI ESTIMATE THE MARKET VALUE,AS DEFINED,OF THE SUBJECT PROPERTY AS OF June 3 1993 to be 4 165.000 ( f I (We) certify:that to the best of my lour)kn99JJwledge and belief the facts and data used herein are true and correct: that I (we) personally inspected the subject prop. O both inside and out, and have made an exteffor inspection of all comp. sales cited in this re clip and that 1(we)have tip undisclgped Interest, present or prospective N therein. - "1 Greg Zadel Colorado PLicensed Appraiser # AIA13},-1439 SIGNATURE ( m /%' Review Appraiser SIGNATURE �,J Did ❑ A ppreiaerlsl Did Not NAME G. Zadel 4113 CREA If applicable) NAME Inspect Property _— mq 0 III¢� ,..J �O V u�i r N m m _ C Ot p co �_ �• J 0 w V a 7 9 p1 9 2 ru U .m.,. ' O Y j _J c ci. La D p •G u: to 0 m :A9 m 7 a _P� ;; Mi m � mm siri o< .9 -' s ... X n 6- E u 'aN jfa2� �,� . _ 'j,Nyy m - c , L C t Q m .. �e Q m ,7 0 q �- N m e 7. v G - C .w. 0 . 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