HomeMy WebLinkAbout971623.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - STIPULATE
VALUE
PETITION OF:
GRAHAM WADE & DAWN
105 SILO CT
LONGMONT, CO 805048801
DESCRIPTION OF PROPERTY: PIN: R0231794 PARCEL: 120715300040 - MEA MLG-40
L40 MULLIGAN LAKE ESTATES
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, 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 $ 65,000 $ 65,000
Improvements OR
Personal Property 243.785 221.705
TOTAL ACTUAL VALUE $ 308,785 $ 286,705
971623
AS0038
RE: BOE - GRAHAM WADE & DAWN
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 5th day of August, A.D., 1997.
BOARD OF COUNTY COMMISSIONERS
WE.�OUNTY, COLO DO /� ,mil
ATTEST: A ..,�/ / �%�/t
a /
�inf %O t, , (George . Baxter, Chair
Weld elf - ripe, !°�� Ct����,ly) 4[�1��
I I C' nst�nce L. Harb rt, ro-
BY: �AL`.4:. c_.ASSa -iv_..., _aid'
DA& lea.' t : e r�.
` * .�< , Dal K. Hall hp N
APPROVED s.,e'•RM: r
Barbara J. Kirkmmeyer
ss.ant Co ty Attorney 11) ! /// ,� L J
W. H. Websferv�
971623
AS0038
1997
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR' S PIN NUMBER R0231791
STIPULATION (As To Tax Year 1997 Actual Value)
RE PETITION OF
NAME: GRAHAM WADE & DAWN
ADDRESS : 105 SILO CT
TIONGMONT, CO 80504-8801
Petitioner (s) ,WADE & DAWN GRAHAM and the Weld County Assessor,
hereby enter into this Stipulation regarding the tax year 1997
valuation of the subject property, and jointly move that the Board
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 :
T40 MTJT,T,IGAN TAJ$F ESTATES
105 SILO CT - MEAD
2 . The subject property is classified as RESIDENTIAL
property (what type) .
3 . The County Assessor originally assigned the following
actual value to the subject property for tax year 1997
Land $ 65 , 000
Improvements $243 . 785
Total $308 , 785
971623
4 . After further review and negotiation, the petitioner (s)
and Weld County Assessor agree to the following tax year 1997
actual value for the subject property.
Land $ 65 , 000
Improvements $221, 705
Total $286, 705
5 . The valuations, as established above, shall be binding
only with respect to tax year 7997
6 . Brief narrative as to why the reduction was made :
MARKET STUDY & APPRAISAL
7 . Both parties agree that the hearing CONTINUANCE scheduled
before the Board of Equalization on TUESDAY, AUGUST 5, 1997 (date)
at (time) be vacated; or, a hearing has not yet been scheduled
before the Board of Equalization (check if appropriate) .
DATED this day of JULY , 1997 .
Petitioner (s1or Attorney Petitioner (s) or Attorney
Address : Address:
n %OS St /
L^Yt��niC c3v ( .0
Telephone : 7O -5 7S-�*8�
P / Telephone :
rnov/ith., }}
County Assessor ^f"` ( Ca.ectall
Address :
1400 North 17th Avenue
Greeley, CO 80631
Telephone : (303) 353-3845 ext . 3656
NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR
/jjf 6 MEA MLG-40 L40 MULLIGAN LAKE 1400 NORTH 17th AVE.
ESTATES PHONE(970)3533845,EXT.3650
WII!DC OWNER: GRAHAM WADE & DAWN
COLORADO
GRAHAM WADE & DAWN LOG 995
105 SILO CT PARCEL 120715300040
ACCOUNT R0231794
LONGMONT, CO 805048801 YEAR 1997
07/14/1997
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:
BASED ON A STUDY OF COMPARABLE PROPERTIES THAT SOLD FROM 1/1/95 TO 6/30/96 WE
HAVE ADJUSTED YOUR PROPERTY TO THE 1997 LEVEL OF VALUE AS SHOWN BELOW.
•
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
LAND
65000 65000
IMPS
251183 243785
TOTALS $ $ 316183 $ A0n7at
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 07/14/1997
WELD COUNTY ASSESSOR DATE
15-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 EOUALIZATION'S DETERMINATION:
The County Board of Equalization must 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 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(1.5), C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR
AMOUNT. Attach additional documents as necessary.
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DATE: JULY 24, 1997
TIME: 8:30 A.M.
SUBJECT: WADE & DAWN GRAHAM
ADDRESS: 105 SILO CT, MEAD
PIN#: 0231794
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I believe my home is worth less than the assessed value of$308,000 and is actually worth$280,000. I will
show the board documented proof that there are errors in assessment,that comparable sales of similar
homes are less and recent 1996 appraisal taken during the same time same market study period as the
county assessors.
1. Errors in land evaluation.
SEE ATTACHED TABLE
Land assessments for the land range from$61,750 to$65,000. The properties are essentially the same and
are considered as one home site. All are in approximately at the same level of improvement. When the
land was sold the lots were all priced at$42,000 none of these lots remain on sale for a comparison. I can
see no reason for these lots to be priced differently. They are all of similar size and level of improvement.
2. Errors in the accessories record for the square footage or how the per square footage is calculated.
REFERENCE TWO STORY ON 101 SILO
a55P550k s
There to be an error in the calculation for square footage.The acci.s...'a legal description for my house is a
ranch with 2208 sq. ft ranch with 1411 sq. ft of partially finished basement. Using theassesseFies g55esSoks
calculation as is listed for a two story at 101 Silo,my house is worth$277,496. Working back from the
assessors numbers I calculated the cost square foot on first and second levels at$75.45/sq. ft (including the
three car garage). Using this formula for the finished square footage on the first level of my home is =
$168,801. The partial finished basement is calculated at$27.57/sq.ft=$38,901 and unfinished basement
at $10.38/sq. ft(775 sq. ft)=$8044.50.
$168,801 finished upper level plus garage
$ 38,901 finished basement
$ 8,044 unfinished basement
$ 61,750 Land
$277,496 True actual assessed value
3. Property valued to high as evidence by recent sales of comparable properties
SEE ATTACHED LIST
4. Expert Opinion of Value Places the Value at$271,000. This appraisal was completed on 3/96.
SEE ATTACHED FEE APPRAISAL (COST$350)
The fee appraisal includes three comparable parcels.
Summary
Silo Court was one of this first sections developed in Mulligan Lake Estates(1993). The size,architectural
features,construction qualifications of the homes built during that period are not comparable with the
homes constructed in the last 12 months. My home is not in the same class as these new homes. My home
is more similar to the homes built during the same period in Hunters Cove. I believe that rating system or
classification system used for my home is based on homes that are worth much more money. For instance
the new homes are almost all brick with several upgraded amenities. I was the contractor on my home and
the only way we could afford to build the home is to forgo many of the amenities that are included in these
new homes. For instance my home has lap siding,not brick. There are fewer and smaller windows.
Linoleum floors instead of tile or hardwood. Flat panel hollow doors instead of six panel solid doors. Un-
finished garage. No air conditioning. Pine trim not oak. Lower cost light fixtures. Standard bath tub
without jets. The walls are not radiuses and there are no arches.
Based on the re-calculation of the assessment, the fee appraised value and the comparable homes presented
my home is worth$280,000.
I Grounds for Appeal
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Bor rower Client WADE EdDAWN GRAHAM
Property Address 105 SILO COURT
City LONGMONT PIONEER BANK OF LONGMONT County WELD State CO ZIP Code 80504
Lender
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Grounds for Appeal
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BUILDING CHARACTERISTICS Account# R0231794
Building # 1 Nbhd 19
Property Type Residential Nbhd Ext. E
Occupancy Single Family Residential Nbhd Adj 1.25
Quality Average Plus �n '` Ate- ,
�
Condition Average `` �� � � ��
Built As Ranch 1 Story Bsmnt Cone 8 ft 2,186.00 $10.38 $22,698
Finished 1,411.00 $17.57 $24,796
HVAC Forced Air Walkout 1.00 $0.00 $0
Construction Type Frame Siding
Interior Finish Drywall Attached 912.00 $16.81 $15,331
Roof Cover Composition Shingle ,
,
P-am; +{ai'la.. � ; , � �s,,
Floor Cover Allowance Open Slab 318.00 $4.06 $1,291 F
Foundation Type Ceiling 16.00 $3.38 $54
Built As SF 2,208 Wood Roof 16.00 $11.84 $189
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Number of Rooms 9 ,c" A. ; `.'� , ' ' ,' , � M`g�..wx �ra'.
Number of Baths 4 Microwave with Fan 1.00 $785.65 $786
Number of Bdrms 3 Garbage Disposal 1.00 $238.84 $239
Number of Stories 1 Dishwasher 1.00 $634.81 $635
Story Height 8 ' . rim, « t F 3 " ; itg
Year Built 1995 Bath 5 1.00 $0.00 $0
Year Remodeled 0 Bath 2 1.00 $0.00 $0
Remodeled 0 Sink Bathroom 1.00 $0.00 $0% F
Adjusted Year Blt 0 Laundry Sink 1.00 $0.00 $0
Bath 3 2.00 $0.00 $0
Effective Age Sink Standard 1.00 $0.00 $0
MH Make Water Heater 1.00 $0.00 SO
Length/Width 0 X 0 b t: �r .:inistrninli, 4, „`4 jl
Tag Length/Width 0 X 0 Laundry Facility 1.00 $0.00 $0
• � � , ' a
MH Skirting LF �� �„zA�w , :.. �. .obi ..,_z� -.. 1„ , Lcit
MH Skirting Type Garage Door Opener 1.00 $250.00 $250
Capacity Gas Log Fireplace Ventl 1.00 $1,500.00 $1,500
Diameter 0
Horsepower 0
Height 0
Sprinkler SF 0
Perimeter
Landscaping Quality/Dollars:
Average Plus $3,500
Mkt Adj Cost/SF $110.41 Design Adj% 0.00% Func Obs% 0.00
Total RCN $201,115 Exterior Adj% 0.00% Econ Obs% 0.00
Phys Depr% 1% Interior Adj% 0.00% OtherObs% 0.00
Phys Depr $ $2,011 Amateur Adj% 0.00%
RCNLD $ $243,785
Pape
_Monday_ Iuly 21. 1997
PROPERTY SALES HISTORY Account # R0231794
Sale Date Sales Price Deed Type Reception# Grantor
5/9/94 $42,000 02388164 DENVER CANADIAN INC
Monday,July 21, 1997 Page 3
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WELD COUNTY ASSESSOR
PROPERTY PROFILE Account# R0231794
Appraisal Year 1997 Levy 100.449 # of Bldgs 1 Parcel 1207-15-3-00-040
Tax District 1361 Map # 827 LEA 4G0898 Acct Type Residential
Appraiser Init Data Entry PLF Active On 7/17/97 Inactive On Last Updated 7/17/97
Owners Name and Address Property Location
GRAHAM WADE & DAWN Street 105 SILO CT
105 SILO CT City MEAD
LONGMONT CO 805048801 Business/Complex
Legal
MEA MLG-40 L40 MULLIGAN LAKE ESTATES
LAND VALUATION SUMMARY
Land Ag Abst Unit of Number Value Per Actual Asmt *Assessed
Type Code Code Measure of Units Unit Value Percent Value
Residential 1112 Site 1.00 $65,000.00 $65,000 9.74% $6,331
SubTotal: Land 1.00 $65,000 $6,331
BUILDINGS VALUATION SUMMARY
Bldg Property Abst Occupancy Actual Asmt *Assessed
Type Code Value Percent Value
1 Residential 1212 100 - Single Family Residential $243,785 9.74% $23,745
SubTotal: Improvement(s) $243,785 $23,745
Total Property Value $308,785 $30,076
* Approximate A d Value
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217 Adams
Better Than New!
Priced at $247,000
Amenities:
* 3 Bedroom, 3 Bath, 3 Car Garage
* Open Floor Plan, Wonderful Flow Pattern
* Vaulted Ceilings, Huge Great Room with Built-in Entertainment Center
* Eat-In Country Kitchen with Hard Wood Floor
* French Door Off Kitchen leads to 1200 sq. ft. Deck!
* 1.96 Acre Lot, Fully Fenced!
* R. V. Parking, Views, Rural Living.
This beautifully designed ranch home has many extras. From the gorgeous oak
cabinets and hard wood floors in county kitchen, enormous great room,
entertainment center large enough for big screen, to 1200 sq. ft. deck with breath
taking views! This home truly shows the care & attention of a home well loved!
Jim Nordhougen
Four Seasons Realty
772-9620 (office) .4 ^�
1-800-402-9287 (pager) ; F`
772-6305 (res.)
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GORGEOUS CUSTOM 2-STORY HOME,only ,�' ,+r==. 'rif s i rr� f'+ H R,=.
four years old.Two acre lot,loaded with huge �- .:".a-•a' i�,. I x
trees. New sun deck with excellent mountain
views. Oversized heated 3-car garage.
Custom crafted oak trim throughout home. -:
$297,500.Call Steve Condor 14501 WCR 7
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k.• x � _.. — - - >�--A. COUNTRY CHARMER!Custom buift 3,800 sy.ft.home in f
5 Energy v Stars!Green Builder Program Mead on approx.2 acres.Just 2yrs old with drapesAand-
K. soaping complete and Quality throughout.Large covered C
4 bedroom 2-story,chefs kitchen, front porch plus 400 sq.ft.of deck in backyard.Basement 772-3!
is insulated,partially drywalied and framed I r pa Sion }
fabulous slew,from master$287,500 . .85,000.Call Rick Corbin.150223E� srA —
l //7/ /tia! /< /# ti�ryh� lS i Y
lCr� Q6 4 Zvi l 7�ZC.s m/1 g4-44 .."-e/- - l AIL
SL --23_9-i 10 :46 Htl STEVE CI_H:=Et4
2:0.3 693 5143 P. 02
Mite High Appraisal Group.LLC(303)691-3777
h••rtvDeeCfil:Con UNIFORM RESIDENTIAL APPRAISAL REPORT F)leNo.
Property Address 105 SILO Cr City MEAD State CO Z,jp Code 80542 Legal Descrpgon LOT 40 MULLIGAN LAKE ESTATES _ County WELD__
Assessors Parcel No-_120715300040 Tax Year i955 RE.Taxes , . -
Borrower GRAHAM,WADE&DAWN $ 1283 02 SpeCiaf AI Tenmet ,0 0V _ _
N Current Owner BORROWER Occupant � Owner r- � Tenant r Vacant
Property rights appraised Fee Simple -1 Leasehold Project Type X PUD I Condominium(HUDNA only) HOA$20.83 Neighborhood or Project Name MULLIGAN LAKE ESTATES
Sale?rice $ NIA . Map Reference PIERSON REGIONAL 1C Census Tract 21
Date of Sale N/A Description and$amount of loan char_pes/concessions to be paid by seller _NIA
Lende)Client GREEN MOUNTAIN MORTGAGE Address 165UNION BLVD STE$672L.LAKEWOOD CO 80228
'r raiser STEVE CLASEN -- 2— _
Address 6000 E EVANS AVEy STE 3-341 DENVER.CO 80222
Location Urban X Suburban Rural Predominant v roleIct amlYhouus(rt9 i Present land use% ' Lend use change
BroBuilt wtph race Over 75% X 25.75% Under 25% occupancy $(000) rsE One family25
' Stable Slow a � ) ' InN processt likely ] Likely
Property values ncreasin n " Stable Declining ( 20 2 Multi-family4 iamtly In EA
p , Vac.over�% 285 Commal 2 RESIDENTIAL SINGLE FAMILY
Owner 99 225 Low NEW
T
I rV Tenant o1 390 High 20
Demand/supply Shortage X In balance Over su h II -- ---
Pp/ va em 0-5% i Predominant r" Commercial 2 i
Marketing time Under 3 mos. < 3.6 mos. Over 6 mos. 5
( 2 VACANT 73 f__
Rote: Race and the racial composition of the neighborhood are not appraisal factors.
Neighborhood boundaries and characteristics. MULiLIGAN LAKE ESTATES IS BOUNDED BY VERMILLION RD TO THE NORTH,INTERSTATE 25 TO THE EAST HIGHWAY 66 TO THE SOUTH AND 3RD ST(RD 7)TO THE WEST. " -Faclors that affect the marketability of the properties in the neighborhood(proximity to employment and amenities,employment stability,
• IS IL
tANDpSal market,etc.):M
THE MULLIGAN LAKE ESTATES NEIGHBORHOOD
_ UP WITH AVERAGE TO GOOD QUALITY CUSTOM AND SEMI-CUSTOM HOMES OF
AVERAGE LEVELS OF MAINTENANCE AND GOOD APPEAL TO THE MARKET. SITES ARE TYPICALLY 1 TO 2 ACRES IN SIZE.THE AREA IS VERY., 1
DESIREABLE TO THE MARKET BECAUSE OF A SEMI-RURAL ATMOSPHERE LOCATED NEAR THE LAKE-LIKE MULLIGAN RESERVOIR,WITH _
CONVENIENT FREEWAY&HIGHWAY ACCESS rO THE.BOULDER&DENVER EMPLOYMENT CENTERS, ACCESS TO SCHOOLS,SHOPPING,AND
SUPPORT FACILITIES IS REMOTE, BUT ACCEPTABLE TO THE MARKET FOR THIS SUBURBAN PLAINS AREA.
Market conditions in the subject neighborhood(including support for the above conclusions related to the trend of property values,demand/supply,and marketing time
--such as data on competitive propertes for sale in the neighborhood,description of the prevalence of sales and tirancing concessions,etc):
SUPPLY ANC DEMAND APPEAR TO BE iN BALANCE AT THIS TIME. PROPERTY VALUES APPEAR TO BE STABLE TO SLIGHTLY INCREASING WITH
..N ._ 1 MINIMAL SELLER CONCESSIONS NOTED AT THIS TIME INTEREST RATES ARE 7.8-9.5%WITH TYPICAL FINANCING BEING CONVENTIONAL.
_G_ - __.7
MARKETING TIME IN THE REGION IS 69 DAYS ON AVERAGE. THERE ARE 3 ACTIVE LISTINGS IN THE SUBJECT NEIGHBORHOOD RANGING-FROM
$313,000TO$465,000.THERE ARE NO U/C LISTINGS AT THE PRESENT TIME
---
Project Information for PUDs(It applicable)--is the developerrhuiicer in control of the Home Owners'Association(HOA)? Yes I No
Appro>mate total number of units in the subject reject 70 Approximate total number of units for sale in the subject project 3 PER MLS_
Describe common elements and recreational facilities: RECREATION FACILITIES,COMMON GROUNDS,LANDSCAPING, ETC.
Dimensions. IRREGULAR !Topography GRADUAL SLOPE TO ST.
Site area 1 76 ACRES Corner Lot Yes X No Size 1.76 ACRES/AVG
Specific zoning classification and description RESIDENTIAL
Shape IRREGULAR
Zoning compliance X Legal I Legal nonconforming(Grandfatheted use) ' Illegal No zoning ,Drainage APPEARS ADEQUATE
Highest&best use as improved. X Present use Other use'ex law) I View HMS/ST/KITS/GOODUtilities Public Other Off-s Ite Improvements Type Public Private Landscaping NEW/INPROGRESS/TYPICAL
Electricity X ' Street _ASPHALT /. �1 Driveway Surface CONCRETE
MJ
Gas X _I Curb/gutter BERTYPICAL FOR AREA X ,Apparent easements THOSE OF RECORD
Water Sidewalk NONE,/TYPICAL FOR AREA FEMA Special Flood Hazard Area 1 Yes X No
Sanitary sewer SEPTIC/TYPICAL Street lights NONE/TYPICAL FOR AREA - i r FEMA Zone NONE Map Date_NONE_ __
�Storm sewer __ NONE OBSERVED Alley NONE JI I FEMA Map No. NONE
Comments(apparent adverse easements,ercroachments,Special assessments,slide areas,illegal or legal ronCCntotming zoning use,etc,): NO ADVERSE
EASEMENTS OR APPARENT ENCROACHMENTS WERE OBSERVED ON THE DATE OF INSPECTION. - -- --
GENERAL DESCRIPTION EXTERIOR DESCRIPTION i,FOUNDATION BASEMENT :INSULATION
No.of Units ONE Foundation PRD CONCRT 1Slab POURED CONCR ,Area Sq.Ft. 2.015 Roof CNCLLD
No.of Stories ONE !Exterior Walls WOOD SIDING ;Crawl Space NO %Finished 66% CeilingX
Type(Det./Ali.) DETACHED Roof Surface COMP SHNGL Basement YES !Ceiling DRYWUJSTS WallS
esign(Style) RAISED
Gutters&
j Sump
NO ;Wes
EDgs gimposed EXISTINGCH Window
ypwsspts. N SMNTIDB !Settlement NONE OBSER JD 'Outs de Entry YES WCNCR Nnknown 1
A
Effective A e(Yrs.) 0 !Manufactured House NO ::.Infestation NONE OBSERVD
'ASSMD ADEQUATE
- ROOMS Foyer , Living DiningFamily
Kitchen
Den , Rm. Rec.Rm. Bedrooms,
' #Baths Laundry Other Area Sg.Ft
1 3
Basement ,
! 1 I 2,015
Level l ! 1 1 I 1 1 2 l 2.5 , 1 NOOK , 2238
Level 2 -
LV 3 --
Finished area above grade contains. 6 Rooms, 2 Bedroom_(s); 2.5 Bath(s), 2,238 Square Feet of Gross Living Area
ierrrpinn u,rnrrgic rrnnmri,.r. ace iur. kiTmloM en,LID emir I eucniirmc
mFGR Ma elia'ovCondrtlon �sATRJG KITCHENEJWP. ATTIC AMENITIES CAR STORAGE:
Roars CRPT,VNYL TIJGO0.0 Type FAU Refrigerator None Fireplace(s)# 1 FIREL X None
Walls DRYWALL/GOOD °Jel NT GAS Ra^ge/Ove- X Stairs i i Patio LRG CNCRT X .Garage #of cars
sTND
Bath FlooTrim/Finisr VNLY!GDOD 0D ConCOOLING NONE Dishwasher X Scuttle
� Deck LRG WOOD X Attachedtache3CAR..
�' _' ' WOOD Z j Detached
- :Porch LRG
Bath Wainscot TILE/GOOD Centrr:'1 i Fan/Hood X Floor Fence _NONE Built-In
-�y�/� --
Doors WOOEr000D Other f \Microwave ;Heated _ Pool C; Carport
TILE ENTRY Condition N/A Washelpryer Finished L , , I i Driveway 3 CNCRT
Additional features(special energy efficient items,etc.): GOOD QUALITY GAS LOG FIREPLACE BETWEEN KITCHEN AND FAMILY ROOM,SPACIOUS
VAULTED LIVING AREA WITH LARGE WOOD DECK AND FRONT PORCH;66% FINISHED BASEMENT WITH GREAT ROOM,3 BEDROOMS,81 BATH.
Condition of the improvements,depreciation(physical,functionar,and external),repairs needed,quality of construction,remodeling/additions,etc.: QUALITY OF
THE SUBJECT'S CONSTRUCTION IS AVERAGE.OVERALL CONDITION IS MAINTAINED AS NEAR NEW DEPRECIATION WAS CALCULATED USING
THE EFFECTIVE AGE/ECONOMIC LIFE METHOD. NO MEASURED EXTERNAL OBSOLESCENCE AT TIME OF INSPECTION.
Adverse environmental conditions(such as,but oat limited to,hazardous wastes,toxic substances,etc.)present in the improvements,on the site,or in the
immediate vicinity of the subject property'.: APPRAISER HAS NO KNOWLEDGE OF AND HAS NOT OBSERVED ANY ADVERSE ENVIRONMENTAL
CONDITIONS ON THE SUBJECT SITE OR THE IMMEDIATE AREA.
Freddie Mac Form 70 6/93 PAGE 1 OF 2 Fannie Mae Form 1004 6/93
Form UA2--"TOTAL 2000 for Windows"appraisal software by a la mode,inc.—1-800-ALAMODE
.O
,Body UNIFORM RESIDENTIAL APPRAISAL REPORT MAO,
ESTIMATED SITE VALUL 1.70 ACRES • 5 65,000 Cciiii loots Vileust Aypi cacti(sxch as,source of cost estimate,AEa volue,
ESTIMATED RLPAUVUUDCN f,1in'-NFW-0F IMPANEMENTS I6i9Refout cakilalion and fer I IUD,'VA and lm!14mi AMImMed remaining
DAniling 2,23a Lq Ft,SO tioa) •$ '04,2b0 tcc1c71511eol lheprepeltyl: TIE-00.9T OrtiCPRoD,U(7I LIN IE
2.015 Eq.R.'d$ aE.v0 - 52,300 •RAAFn ONTIIr MARES IAI m wIr co6T LGNMA I UN AN@LULAL
C-INELLNG,HHLH,uECP.& PAT'-O - 10,900 CONTRACTORO,CCC ACULNVA I ON 8VWLN@ 4'rSicH[Hk SITE
- Caag&Car00R u12 Sc.FL'.0,5 25.01 - 77 MO VALL:IS BASED ON SI It bALk6.ire THEAREA FOR COMPARABLE
TOGS 53111,1110 Coat NIA =3 119,470 GI I ES Nt MAININu ECONOMIC LIFE•65 YEARS.
Use Pliyeical Functional Fr1MCAl
Dgnuciilu,i I .
beseelated Value of ImpresemnIln _5 219,170
'Aa-is'VaNe of filly,aNrrlvammrl =S 10,000
WGCATED VALUE tlYCU6'I APPROACH _.. -$ 294d70
ITEM I SVEIECT I C3MPARA3LE NO.I ECJMI'/,IAULL NU.2 COMPARABLE NO.3 _
IDS FILL/GWtir 205 MULLIr
.AIJ LAKE DR MI III(:COUNT 2115AUAMS
WOO: MknL r, MEAD MFAR
Pr92115,1a Stiop;I 0 V J•Ir:K 2I IOU L EAS 2 BLOCKS SOUTH EAST
`BLOCK F497 +,�@� �q¢r�
$AeM Price $ NAWA'i BjlS 255700 ...n4J ,,4Ov7 287000 �',I I1Sn$ 249900
mh I' ❑p
PrluyGlw LnuN A,1A $ / $ 11 E.47 aml sG� ' 16 Se B3 N`% IuE r;1 rfF$ 10077'fH' Ri1 ....
NE AMA: INBFPFLTIOF, RCRY MT IN;O SEIIVIUE RCKT MT INFO SERVICE MLA
Vadlearon Soolce [NM RRIOWNCn ACNi/INSI•cG),(ARU AGNT:iNSPECT/PUB RC A13NT71NRPFCTIPtin RC
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VAI1FNiMP MINI ur.E 3 TIUN 1 UESGRIPTICN +;-1SAJjusl OE$ngl%':ON i(-�S AIWu. UNUNII INBI - , Ij(S AWuR.
Saltsn. saner; it., iY J . " 695 NOWM LINK'.NOW4 _ .
CNV DOM•5
1 n A1Unna Y 1SU C: ry A N/A LINK
HAS fit Sele m L. f A/AF 05I1YU5
l cation MULLIGAN/AV6 MULLGAN:'AVG MITI I IOANjAVG NUN1EH131-vonvG
L936C00'DT6C SIm6N TEE SIMPLE FEESIMRIF FCC SIMI'LL FEE SIMPLE
G 1`0 ACRES 143 TM
?C,IAIM IITI 1.54 AUrIEb , +2,000 2.17 ACRES ♦,000
V1VIMHMS/STRATA/Onnl HM WAT;IffOI HMU/bm' vk •I,000 HM5(5teAVG •4,O%.A_
DDioraantAtonal RAISED RONr4v0 R .ANC.1 h'AVC I -3.1.11.11) 2 Sl.gkr/P,LG 0 2$TORVIAVG
Duddy u'I CAE I>li'JLlilt Wn FiDw(?rAYA nRICNIODUU '. Ay,,Uuu IaRP;dWDIAVG' .74000 MAdBRWAV/,e. •i.fAAt
Aye 1VR 21PRtlblM eeI- 2YRYSIM EFF i _2Y3S/S11.1FFF _
Gndldun GOOD CCOQL GOOD morn
Short(Seade Iota. Korn t1205 TO!A.Bdrme. $40.5 TVlnl BUIn's, Bgths iOMI,UMmA IIMm..
Poore i'air 6 2 a P. d 3 ' a.0 9 a 1
limn l ly_nf Art^ a }fq Sq,Ft 2.301 Sy.M. a 2?SP£q I l -17 000 ..2.346 6y.R. _ . .A•V I&I
IleIemAN h Finiahet 41110 SU.FT 3IDS SC.FT. -7 OOn 140.',RC ET 15.000 121U 6U.E I 48A00
Maria SCIOWGrcae. EttrF IN S cALKOLIT oc FINISHEE 1IE000 IRA rl11ICIICC 1 MOUE_ITikPm$1^ED •19,000
Wq;EI ."' ry a BDRrc<vra_ i 39URIII3IM I ITi 4 01)RMI000L' a,YW S BORN/GOOD I .2,000
IICLIa9(CCCIint GFAIJI NONE 1 CFAI I'.INk U AU/VNk GFAU/UNK
USICy EIRUlenllle'1:4 DEL P.-I WNDVVP TA'. PN WNUWS UAL FRINSLyVS OBL PN VENDWS
- GelaatCaluull 3CAR ATTC-I'T STAR CIOE.OAD E Gf.H< IN 3CAR BLT-IN
Peitll,Pallu.Doak, IRO RTC A OTCK CM PAUORIUriL +2 LAN, LRG PTO/51A C+;a: .1,000 SM PATIc NDNE .2.01M
Ritplacejs),etc. I FIRr' i 1 I!teiVQt I FIREPLACE 1 FIRFPI AOF
fellCtt Paul,e;r, HCPHC'OPRNHL NV Nf.(y,✓HNiLL NONE/UNKNOWN FFNr:Ftl1HN _ S0p
I ANIASf,AIINC NONL bQOOfUPLAM5 .3,000 NONE NONC
NAP Ad/(Toted 0r Vs 1 ; tI+ - $ 3,000 4. ''I $ 1$92 +
6 ttl,rig_
AnM°ek,nett " 9a rL 1 , 4 .,:t'
Ins
J
nI ion araolc a ;t' „,�E r 771 nix, t %F$ 270.bv Dui II 26B!00
Gummi:on$,En COmpir!son(Intluu;.K ila auble':Ip1IHelty's compa501ldy la the nelghlv'mOnA eta)' ALL OE I Ht cOMFf3.LE$AND THE SUBJECT ARE
UOMpA),ISIE TO THIS NEW SUBURBAN PLAINS NEIOHRORHInan WI TIC!I In COVLNAN I-CON,HEALED AN1,i ARE1.N TIDE SAME OR SIMILAR
Lpky L„OPMENTS,WITHIN 2 BLOCKS OF THE BUR IFCT,AND ARr CI Wan M UR ELNIbUU611)M BOIL!,C6-$11MILAR AGE AND SHARE
CONTEMPORARY STYLING.DIFFEREAP;•FI FaeIRTrn IN CT I$C,DCCMTLL Ill NOUN I•AIN vlcw,lquALITy OF CONSTRUCTION,APPEAL,NEW
CONSTRUCTION,BATHRMM ,TN A AA;rMTNT AREA f,ATIU A1.L1 UEUKINci 6 0l4E,AND LANDSCAPING MOST CONSIDERATION WAS PLACED
ON comps 4I,A2 4Nm a0 AFC BJJE tiff TI IFV ARC CH160INU ASLE No F�MEN(S.
I,., COMPAFA9LE ND.f CDMPgilwu Nu: _COMPARABLE NO.J
Date.Price and nob NOT SOLD UH 6N0 t1IIS,COL 9195 5257,000 KM609.5$249.900
Sow,for ammo," LULL:IN 1LAS1 SKY NIT INFO Slit AP11421149i RK,Y MT JJRO AVr;API42Ti,94 MLOP 95054
aTIn par ofappmhal 12 M(N1NeU SVCS ,NO OTHER SALE KNOVIN _ NO OTHER C.A.r I(N{AWN NO V I HEM SALEEt!1'A:N...
Aryan of any currant wow P.dare,upLm,,a list na et auLlact ympedy and arta'yi 5 ul My pile AAIcV M super ern and:mparg:'ci WIIMe Me year Of to date 015ppr01Edl;
let LUMHANCSLES HOVE h'T IF ANSFERED//1T4 THE EuCFFrION OF TI 1-DATTE IIOTCD ADUVL.II-lb SULIJhV!5y LICIT SOLD NOR HAS IT
tltk9.Ub-LEII IN TI IE P.RS'-MELEE 5,10NTFA PER PUg.iG RFf:ORn.^,AND MI C. _
INOKATEbVKUE BY BASIS COMPARISON APPROACH _ $ 271,000
RroKATEDVAWl BY INCOME APPROACH ifALCl nie LFlmatet Meat rot E ja Imp a(Dr a Pe0Ud9Mplll -{
T51ti apgda'al'a ilia ,'•,"a h' subject to the reproof Aderamnl minliOrla Or COndlllonC ION CCIe'W I 14ubjwl lu cuniuMllun peI Clam&sptUicatlOns.
Cen411onc mApplAsai. TH15.BI,IMMARM,IFFRAI:,A,L_RCrOP.I IS MN.k"461b wpLSOTIh1G NO ADVERSE CONDITIONS NO REO!IIREMENTS
...-
TIIIaI Recmcillgor THr MA Kr7Ay',r13OAC11 lb rtL1 IV ME THE MOST RELIABLE:NDICATOR OF'vALLIE FOR 11NeiIF FAME V IIOIISING TI IC COST..,.._
_....
APPRnaAH^,I IPFORT^Tit;MARkL I AI'I'HVA;iN 11 NE INCOME APPROACHm:AS NOT USED DUE Tp Af:K OF AVAII MI r MTA TO CCTACLISI I
MARNFT RFNT AND A_GRM. _, ., -. ,,,,,,,,,,,,,,, -
_ The pILrpn..LA trio Apollo:Il L to Arial:Tne ro;MI Value o1'}.e reel 7,AA ly 1114 io the subject of Pis report hare MtArts,canton,sniffs Ctitt0at01l.contingent
Md hmlta;condllloa an0 Mar ''tie Carl Ion'hat ala.tried in lire inched Frkdue Mac Form 4240 NMA form 9X1411('WOW N,J3 I
I IWEIE5TIMAT$THE MARNE ' mg 'a.,Of THE REAL PROPFRTYTIIAT IS THE medic!9e tab REMIT,AS OF 0346/96
IWMCH I$THEDATE(M.' NM/E, FECTPIE PATE OFT1110 REPOnTITOUt 5 . -,. 2n,Ir0
APPRNSER MILE H•"' IS)/ - IP 6UPERV160RY APPRAISERIONLYIFREOUIREO).
NmIaLrn .f..ti. 61gndmre ... 1-.1 Did I'Did Not E
ape STEVE CIASF..__.,. Nrie _ loAeftlT My
Date RepNil Sigufd MARP4 I P11191eT Dale Repl 15NIIed _. .._..
Bu?e Der%catinn 4 Stein'.O 31111e Celihvauun H.
Or Stale Los,-I A11405113BC9 Slits CO DI Sia License X Sys_
Freddie Mac I arm In i'.I t PAGE 2 D(2 Parole Mn.Ann 100A 413
Fun MA2-'TOTAL 23(01a Von/invest morals wttaern by a'a maCC,Ind 1000 AIJOMODE
SUMMARY OF SALIENT FEATURES
Subject AENes' 105 SIL0 CT
Legal 0e1cripli8 LOT 40 MULLIGAN LAKE ESTATES
City MEAD
Ce.irI WELD
Stole Co
Zip Cede BQ542
Censbi Tract 21
Map Pelerrece PIERSON REGIONAL IC
Sale Prize S NIA
Date of Sale ebA
Borrower!Cleat GRAHAM,WADE&DAWN
bendy GREEN MOUNTAIN MORTGAGE
Size jSquarefeeb 2 23e
Price per Square Fact
Location MbLLIGANlAVCI
Apra 1 YR
Coedido0 GOOD
Total Booms
Bedrooms
Sam. 2.5
Appraiser STEVE CLASER
Dare of A)praised twee 03/26r96
final Eglmale of Valve S 271,000
Form 55:—"TD.AI 2c00 fc.vebP. .o edpnisal sofrxee eh moue, nc.—t-d00-ALAMODE
eirt _
213 ADAMS AVENUE
'� ,.
au j?QUALITY PREVAILS THROUGHOUT : .;
r ..
rick corbin
_+�^ 772-4199
,-.1 ,-
min YW.
' 1 $ I''
1� aa. i
Ir :Ir it '�lil i
$285,000 8 78 , 000
'SPECIAL FEATURES INCLi IDE: *4 bedrooms/3 haths*2548 finished square feet plus i2Y'!
mptar e f ei in partially finished base,ut.m*colorlock 1.5 year warranted sidi::g*large coverts I
i-;;;;y plus -100 square leerof deck in Duchyardtapprox. 2 acres and horses are allowed*tier ttficl
'open floor plan with vaulted and 9 foot ceilings o!_ m'rin level*hardwood flooring In entry and 1
I ki; ,lwe1;`oak trim throughout with solid six panel wot'd doors*large country kuchen(1 cx 12) with
IC!tltotti f c hints*Inain floor family room (18x13) with gasfireplace and built-in entertainment
I
ce!uer*main /lour bedro&nl or office*secoizd boor has large master suite with ✓piece bath
i:7ciuo-Mg soaking tub with two other :iei.ioor;;,. sharing a CO11:7::Oni hail:*basement has exR7f"r
, rails msuialed and urywallecf aid irdel!or, vtming iv con;ple;e(iloo;plat:available at the
^O110m1 (q si'!.irsf*95% crfie•lenl pu tract f. evupol•,itrve Cooler, as;c fa::and room ceiling fans
;nsialled throughout*oversized insulated gcuct e with openers plus sonic building material for
Lara e adduion and basement completion tio11 1rici!!ded'a1!to. sprinkling Inn,g t .., kl' g system on yard around
Ui. :uc. I
FOR MORE INFORM OR SHOW'IN"ACwOAvNTACT
RICK CURBIN KVAI ( of longmont, inc.
2350 17th avenue
�� longmont, colorado 80503
'\ office: (303) 772-3800/1-800-228-0995
metro: 665-3737
ocxirnre ... . . .
CLERK TO THE BOARD
PHONE (970) 356-4000 EXT.4225
FAX: (9 T
91510T STREET
STREET
P.O. BOX 758
GREELEY, COLORADO 80632
Ci
COLORADO
July 15, 1997
Parcel No.: 120715300040 PIN No.: R0231794
GRAHAM WADE & DAWN
105 SILO CT
LONGMONT, CO 805048801
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of Thursday, July 24, 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.
GRAHAM WADE & DAWN - R0231794
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
I / Muet
Donald D. Warden,
Clerk to the Board
BY: 74:4.4-4-det4sie-„e_r
A. Harding
Deputy Clerk to the Board
cc: Warren Lasell, Assessor
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