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Home My WebLink About20211817.tiffCOUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number: R0706801 STIPULATION (As To Tax Year 2021 Actual Value) RE PETITION OF : NAME: Jeremy Yonce ADDRESS: PO Box 1383 Fort Collins, CO 80522-1383 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2021 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: SEV L32 SOARING EAGLE RANCH PUD CORR 2. The subject property is classified as residential. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2021 : Total: $888,772.00 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2021 actual value for the subject property: Total: $776,000.00 5. The valuation, as established above, shall be binding only with respect to tax year 2021 . 6. Brief narrative as to why the reduction was made: After making adjustments for quality and land, agreed to stipulated value. 7. Both parties agree that: The hearing scheduled before the Board of Equalization on 07/30/2021 at 8:30 am be vacated. nA hearing has not yet been scheduled before the Board of Equalization. R0706801 apDI--t( ASO t O°l DATED this 15th day of July Teremy Yon60 Jeremy Yonce (Jul 15.2021 17:00 MDT) Petitioner(s) or Agent or Attorney , 2021 . t1 ( Address: PO Box 1383 Fort Collins Colorado, 80522 Telephone: 970-430-6116 R0706801 (Assistant) County Attorney for Respondent, Weld County. Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County Deputy Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R0706801/Yonce Stipulation Final Audit Report 2021-07-15 Created: 2021=07-15 By: VALERIE GRUBE (vgrube@co.weld.co.us) Status: Signed Transaction ID: • CBJCHBCAABAAJ2oxNfHxKrb1GTnIVdJZoRI3i3Kpeb5Y "R0706801/Yonce Stipulation" History t Document created by VALERIE GRUBE (vgrube@co.weld.co.us) 2021-07-15 - 4:34:11 PM GMT- IP address: 204.133.39.9 g'-► Document emailed to VALERIE GRUBE (vgrube@co.weld.co.us) for approval 2021-07-15 - 4:34:13 PM GMT 6© Document approved by VALERIE GRUBE (vgrube@co.weld.co.us) Approval Date: 2021-07-15 - 4:36:52 PM GMT - Time Source: server- IP address: 204.133.39.9 RD. Document emailed to RYAN MILLER (rpmiller@co.weld.co.us) for approval 2021-07-15 - 4:36:53 PM GMT t Email viewed by RYAN MILLER (rpmiller@co.weld.co.us) 2021-07-15 - 4:39:20 PM GMT- IP address: 204.133.39.9 6© Document approved by RYAN MILLER (rpmiller@co.weld.co.us) Approval Date: 2021-07-15 - 4:40:19 PM GMT - Time Source: server- IP address: 204.133.39.9 .,. Document emailed to Jason Marini (appeals@weldgov.com) for signature 2021-07-15 - 4:40:20 PM GMT ,t Email viewed by Jason Marini (appeals@weldgov.com) 2021-07-15 - 5:20:57 PM GMT- IP address: 204.133.39.9 6® Document e -signed by Jason Marini (appeals@weldgov.com) Signature Date: 2021-07-15 - 5:22:58 PM GMT - Time Source: server- IP address: 204.133.39.9 . Document emailed to Jeremy Yonce (jyonce@fcgov.com) for signature 2021-07-15 - 5:23:00 PM GMT ,n Email viewed by Jeremy Yonce (jyonce@fcgov.com) 2021-07-15 - 10:58:12 PM GMT- IP address: 198.59.47.100 POWEREDSY Adobe Sign b© Document e -signed by Jeremy Yonce (jyonce@fcgov.com) Signature Date: 2021-07-15 - 11:00:30 PM GMT - Time Source: server- IP address: 198.59.47.100 G Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2021-07-15 - 11:00:31 PM GMT t Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2021-07-15 - 11:01:28 PM GMT- IP address: 204.133.39.9 GS© Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2021-07-15 - 11:01:47 PM GMT - Time Source: server- IP address: 204.133.39.9 ® Agreement completed. 2021-07-15 - 11:01:47 PM GMT 17, •teq- POWERED 0Y Adobe Sign Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the information submitted and you will receive a date to appear before the board. Contact Information: Contact Name: Jeremy Yonce Contact Email: jyonce@fcgov.com Contact Phone: 970-430-6116 Appeal Submitted: 06:11 PM July 01, 2021 Appeal submitted for: R0706801 - YONCE JEREMY A 37128 SOARING EAGLE CIR, SEVERANCE Legal: SEV L32 SOARING EAGLE RANCH PUD CORR Reason: Value Too High - Appraisal completed on 6/15/21 for refinance was much lower than tax assessment value. When adjusted 12% per year (as noted in appraisal), the value in June 2020 is $726,880. Also see comparable properties used by the assessor. All of them are less than my assessment in spite of being larger and upgraded finishes. My home is all original and builder grade (no interior updates at all). Estimate of Value: $726,880.00 Document(s) Submitted: Account: R0706801 - Appraisal - Appraisal Report.pdf Account: R0706801 - Yonce Comparables.docx You have selected the following Date Preferences: Friday, July 30, 2021, from 8:30 a.m. - 11:30 a.m. Friday, July 30, 2021, from 1:00 p.m. - 4:30 p.m. Monday, July 26, 2021, from 1:00 p.m. - 4:30 p.m. Tuesday, July 27, 2021, from 8:30 a.m. - 10:30 a.m. Tuesday, July 27, 2021, from 1:00 p.m. - 4:30 p.m. Wednesday, July 28, 2021, from 1:00 p.m. - 4:30 p.m. Thursday, July 29, 2021, from 8:30 a.m. - 11:30 a.m. Thursday, July 29, 2021, from 1:00 p.m. - 4:30 p.m. The Appeal process can take several weeks for us to complete. You will receive a written decision on your appeal within five (5) working days of your hearing. We thank you for your submittal. Weld County Board of Equalization 2021-1817 ASO(O9 Uniform Residential Appraisal Report File # The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Property Address 37128 Soaring Eagle Cir City Severance State CO Zip Code 80550 Borrower Jeremy Yonce Owner of Public Record Jeremy A Yonce County Weld Legal Description Sev L32 Soaring Eagle Ranch Pud Corr Assessor's Parcel # 070533001032 Tax Year 2020 R.E. Taxes $ 4,333 $ Neighborhood Name Soaring Eagle Ranch Pud Corr Map Reference 22.08 Census Tract 0022.08 Occupant X Owner Tenant Vacant Special Assessments $ 0 X PUD HOA $ 714 X per year per month J Property Rights Appraised X Fee Simple ❑Leasehold ❑ Other (describe) E Assignment Type Purchase Transaction X Refinance Transaction Other (describe) C Lender/Client loanDepot Address 26642 Towne Centre Drive Foothill Ranch CA 82610 Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? Yes X No Report data source(s) used, offering price(s), and date(s). The subject property is not currently listed for sale per IRES MLS. did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not performed. C N Contract T Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s) R Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? ❑ Yes ❑ No A If Yes, report the total dollar amount and describe the items to be paid. C T Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics One -Unit Housing Trends One -Unit Housing Present Land Use % N Location Urban X Suburban ❑ Rural Property Values X Increasing Stable Declining PRICE AGE One -Unit 65 % E Built -Up Over 75% X 25-75% ❑ Under 25%© Demand/Supply X Shortage In Balance ❑ Over Supply $(000) (yrs) 2-4 Unit 3 %© I Growth Rapid X Stable ❑ Slow Marketing Time X Under 3 mths 3-6 mths Over 6 mths 445 Low 0 Multi -Family 0 % G Neighborhood Boundaries 1,400 High 56 Commercial 12 H Road 78 to the B north, Road 21 to the east, Latham Parkway to the west, and Road 74 to the south. 650 Pred. 13 Other 20 % 0 Neighborhood Description R H 0 0 The subject has apparent adverse educational, and access to all factors which recreational necessary and expected support would affect the subjects marketability. land uses. facilities such as schools, shopping, recreational facilities, employment, and The subject is located in the Windsor Re -4 School District. Other land the freeway system. There are no usage consists of undeveloped, public, D Market Conditions (including support for the above conclusions) Market activity financing is conventional and values are with currently seller contributions increasing with a shortage ranging from 0 of to 3.9% supply. Marketing and slightly time is higher on typical average below six months FHA transactions and typically in range ranging from 0 to 4.5%. of zero to three months Typical Dimensions 109 x 56 x 66 x 358 x 356 x 412 Area 2.49 ac Shape Rectagular View B;Wtr; Specific Zoning Classification RR Zoning Description Rural Residential Zoning Compliance X Legal ❑ Legal Nonconforming (Grandfathered Use) No Zoning ❑ Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? X Yes No If No, describe. See General Text Addendum s Utilities Public Other (describe) Public Other (describe) Off -site Improvements -Type Public Private I Electricity X Water X Street Asphalt X I Gas X Sanitary Sewer X ❑ Alley None ❑ E FEMA Special Flood Hazard Area ❑ Yes X No FEMA Flood Zone X FEMA Map # 08123C1200E FEMA Map Date 01/20/2016 Are the utilities and off site improvements typical for the market area? X Yes No If No, describe. Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes X No If Yes, describe. Subject not provided; site is zoned easements/encroachments for single family and surrounded by single family dwellings; are unknown. therefore, highest and best use of the site and improvement is single family residential. Survey was General Description Foundation Exterior Description materials/condition Interior materials/condition Units X One ❑ One with Accessory Unit ❑ Concrete Slab Crawl Space Foundation Walls Concrete Slab/Avg Floors Cpt/TINinyl/Avg # of Stories 2 X Full Basement Partial Basement Exterior Walls Stone/Siding/Avg Walls Drywall/Paint/Avg Type X Det. Att. ❑ S-Det.lEnd Unit Basement Area 1,340 sq. ft. Roof Surface Composition/Avg Trim/Finish Wood/Avg X Existing Proposed Under Const. Basement Finish 77 % Gutters & Downspouts Adequate/Avg Bath Floor Vinyl/Tile/Avg Design (Style) Neo-Eclectic Outside Entry/Exit Sump Pump Window Type Alum/Double/Avg Bath Wainscot Ceramic/Avg Year Built 2004 Evidence of ❑ Infestation Storm Sash/Insulated None Car Storage None I Effective Age (Yrs) 8 Dampness Settlement Screens Yes/Avg X Driveway # of Cars 4 M Attic None Heating X FWA HWBB Radiant Amenities WoodStove(s) # 0 Driveway Surface Concrete P R ❑ Drop Stair Stairs Other Fuel Electric X Fireplace(s) # 1 ❑ Fence None X Garage # of Cars 6 0 Floor X Scuttle Cooling X Central Air Conditioning X Patio/Deck Deck X Porch Conc Carport # of Cars 0 E Finished Heated Individual Other Pool None Other None X Att. Det Built-in NI Appliances Refrigerator X Range/Oven X Dishwasher X Disposal X Microwave Washer/Dryer Other (describe) E Finished area abon grade contains: 7 Rooms 4 Bedrooms 3.0 Bath(s) 2,818 Square Feet of Gross Living Area Above Grade TAdditional features (special energy efficient items, etc.) S Subject offers brick and siding construction, sprinkler system, covered porch and patio, carpet, vinal, and tile flooring, recessed lighting, tile and security system. backsplash, stainless steel appliances, Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). C3;No updates in appear to be in need the prior 15 years;The subject is in average condition of any repairs, however the appraiser is not a and has been well maintained. home inspector. The utilities No functional or external obsolescence were on and in working order at the time of was noted. The subject does not inspection of the subject property. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Yes X No If Yes, describe No physical deficiencies or adverse conditions that would affect the livability, soundness, or structural integrity of the subject were noted. Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? X Yes ❑ No If No, describe Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # There are 0 comparable properties currently offered for sale in the subject neighborhood ranging in price from $ 0 to $ 0 There are 13 comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ 635,000 to $ 1,175,000 FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 37128 Soaring Eagle Cir Severance, CO 80550 37048 Golden Eagle Ct Severance, CO 80550 33810 Siasconset Rd Windsor, CO 80550 323 N Shore Cir Windsor, CO 80550 Proximity to Subject 0.70 miles NW 4.14 miles SE 2.18 miles S Sale Price $ $ 778,000 $ 742,500 $ 695,000 Sale Price/Gross Liv. Area $ sq.ft. $ 292.37 sq.ft. $ 287.23 sq.ft. $ 232.67 sq.ft. Data Source(s) IRES#925307;DOM 128 IRES#933914;DOM 3 IRES#915720;DOM 109 Verification Source(s) Tax Records Tax Records Tax Records VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + (-) $ Adjustment DESCRIPTION + (-) $ Adjustment DESCRIPTION + (-) $ Adjustment Sale Concessions or Financing ArmLth ArmLth ArmLth Cash;0 Conv;0 Cash;0 Date of Sale/Time s03/21;cO2/21 +31,120 s04/21;cO2/21 +29,700 s10/20;c08/20 +69,500 Location N;Res; N;Res; N;Res; N;Res; Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Site 2.49 ac 2.84 ac 0 1.12 ac +27,400 2.52 ac 0 View B;Wtr; B;Pstri; 0 N;Res; +20,000 B;Wtr; S Design (Style) DT2;Neo-Eclec DT1;Ranch 0 DT2;Neo-Eclec DT1;Ranch 0 LQuality of Construction Q3 Q3 Q3 Q3 E Actual Age 17 14 0 28 0 22 0 S Condition C3 C3 -257000 C3 -25,000 C3 Above Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrm.s. Baths Total Bdrms. Baths 0 Room Count 7 4 3.0 6 2 2.0 +10,000 6 3 2.1 +5,000 6 4 3.0 0 NI Gross Living Area 2,818 sq.ft. 2,661 sq.ft. +8,635 2,585 sq.ft. +12,815 2,987 sq.ft. -9,295 P Basement & Finished 1340sf1029sfin 2661sf1 820sfwo -23,730 1301sf533sfin +14,880 2964sf0sfin +30,870 RRooms Below Grade 1 rr1 brl .0ba l o 1 rr2br1.0ba l o 0 1 rr0br0.0ba0o +10,000 +10,000 I Functional Utility Average Average Average Average S Heating/Cooling FWA/CAC FWA/CAC FWA/CAC FWA/CAC NEnergy Efficient Items None None None None Garage/Carport 6ga4dw 2ga2dw +20,000 3ga3dw +15,000 3ga3dw +15,000 A Porch/Patio/Deck Porch/Patio Porch/Deck 0 Porch/Patio Porch/Deck 0 Fireplace Fireplace Fireplace Fireplace Fireplace ROther 742sf Wkshop None +15,000 800sf Wkshop 0 None +15,000 0 A Net Adjustment (Total) X + ❑ - $ 36,025 X + ❑ - $ 109,795 X + ❑ - $ 131,075 Adjusted H of Comparables Sale Price = Net Adj. Gross Adj. 4.6 % 17.2 % $ 814,025 Net Adj. 14.8 % Gross Adj. 21.5 % $ 852,295 Net Adj. 18.9 % Gross Adj. 21.5 % $ 826,075 I X did ❑ did not research the sale or transfer history of the subject property and comparable sales. If not, explain My research did X did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data source(s) MLS/Tax Records My research ❑ did X did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data source(s) MLS/Tax Records Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transfer Price of Prior Sale/Transfer I Data Source(s) CoreLogic CoreLogic CoreLogic CoreLogic Effective Date of Data Source(s) 06/15/2021 06/15/2021 06/15/2021 06/15/2021 Analysis of prior sale or transfer history of the subject property and comparable sales No sales or transfers of the subject property in the last 3 years and no sales or transfers of the comparables in the last year. Summary of Sales Comparison Approach See General Text Addendum Indicated Value by Sales Comparison Approach $ 826,000 Indicated Value by: Sales Comparison Approach $ 826,000 Cost Approach (if developed) $ Income Approach (if developed) $ R E The sales comparison approach is the strongest indicator of market value and is given the most consideration. The cost approach was not applied because of the subjects age and C subjectivity in estimating effective age. The income approach was not applied. 0 N C This appraisal is made X "as is," ❑ subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been Lcompleted, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or ❑ subject to the following required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair: I A This report T is intended for use in a mortgage finance transaction only and not intended for any other use. I Based on a complete N conditions, and appraiser's $ 826,000 visual inspection of the interior and exterior areas of the subject property,, certification, my (our) opinion of the market value, as defined, of the as of 06/15/2021 , which is the date of defined scope of work, statement of assumptions and limiting real property that is the subject of this report is inspection and the effective date of this appraisal. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # SCOPE OF APPRAISAL: PER THE GUIDELINES SET DOWN BY THE STATE OF PERTAINS TO THE VALUATION OF A SINGLE FAMILY RESIDENTIAL INCOME PROPERTY IS DICTATED BY IT PROVIDES THE MOST RELIABLE INDICATORS. THESE APPROACH IS RELIED UPON LESS OFTEN AS IT DOES CONSIDERATION IN INCOME PRODUCING PROPERTIES IMPROVEMENTS SECTION OF THE COST APPROACH. A THESE ARE PERSONAL PROPERTY OR INSIGNIFICANT D RESIDENTIAL PROPERTY IS ASSUMED TO BE OF A D UNDERWRITER TO DETERMINE IF A WELL INSPECTION THE TAXING AUTHORITY IS CONSIDERED RELIABLE I FOOTAGE PROVIDED BY HOME OWNERS, REALTORS, T ESTIMATES ARE DERIVED FROM VARIOUS COST SERVICES, I DERIVED FROM THE MARKET OR ESTIMATED FROM 0 N INTENDED USERS: THIS APPRAISAL'S LENDER/CLIENT A PRIOR SERVICES: I HAVE NOT PERFORMED SERVICES, L THIS REPORT WITHIN THE THREE-YEAR PERIOD IMMEDIATELY C EXPOSURE TIME: THE EXPOSURE TIME IS THE ESTIMATED 0 MARKET PRIOR TO THE HYPOTHETICAL CONSUMMATION M ON AN ANALYSIS OF PAST EVENTS ASSUMING A COMPETITIVE M APPROXIMATELY 30-60 DAYS. E APPRAISAL ASSISTANCE: Brian Lohrey significantly contributed N T data entry. S Smoke/CO detectors were present at the time of inspection Appraisal Fee: Per amendment to the Colorado House appraisal is ordered by an appraisal management company. THE POTABLE Bill COLORADO, SCOPE OF THE APPRAISAL PROCESS MUST BE PROVIDED. RESIDENTIAL PROPERTY, MULTI FAMILY RESIDENTIAL PROPERTY, THREE COMMON APPROACHES TO VALUE. TYPICALLY THE INDICATORS BEING THE COMPARABLE SALES AND LISTINGS NOT TYPICALLY REPRESENT MARKET VALUE AS WELL. THE INCOME BUT IS NOT APPLIED TO NON INCOME PROPERTIES. OUT BUILDINGS CONTRIBUTORY VALUE OF THESE IMPROVEMENTS IS AT THE AND ARE GIVEN NO CONSIDERATION OTHER THAN IN THE COST SOURCE UNLESS A WELL IS INDICATED, THEN IT IS CONSIDERED IS REQUIRED - NO WELL INSPECTIONS ARE MADE. IT IS ASSUMED FOR THE PURPOSE OF THE APPRAISAL WHEN NO BETTER SOURCES AND MLS WILL BE CONSIDERED WHEN IT IS FOUND TO BE THE FROM LOCAL BUILDERS AND FROM THE MARKET. LAND TAX INFORMATION. AND ITS SUCCESSORS OR ASSIGNS. AS AN APPRAISER OR IN ANY OTHER CAPACITY, REGARDING PRECEDING ACCEPTANCE OF THIS ASSIGNMENT. LENGTH OF TIME THE PROPERTY INTEREST BEING APPRAISED OF A SALE AT MARKET VALUE ON THE EFFECTIVE DATE AND OPEN MARKET. THE ESTIMATED EXPOSURE TIME in the preparation of this appraisal report. Assistance included 1110 (effective 07/01/2013), appraisers are required to disclose the appraisal The contracted fee for this assignment is $650.00 THE APPRAISAL METHODOLOGY AS IT CONDOMINIUM, PUD, OR SMALL MARKET APPROACH IS THE MOST UTILIZED AS WHICH ARE APPLICABLE. THE COST APPROACH IS GIVEN STRONG ARE CONSIDERED IN THE SITE DISCRETION OF THE APPRAISER. TYPICALLY APPROACH. WATER SERVICE TO ANY THE RESPONSIBILITY OF THE THAT SQUARE FOOTAGE PROVIDED BY ARE AVAILALBLE. COMPARABLE SQUARE MOST UPDATED OR MOST ACCURATE. COST VALUES FOR EXISTING PROPERTIES ARE THE PROPERTY THAT IS THE SUBJECT OF WOULD HAVE BEEN OFFERED ON THE OF THE APPRAISAL; A RETROSPECTIVE OPINION FOR THE SUBJECT PROPERTY IS market research, comparable sale selection, and fee paid to the appraisal firm when an COST APPROACH TO VALUE (not required by Fannie Mae) Provide adequate information for the lender/client to replicate the below cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) The subject's site assessor's site 0 value is taken from county value is $320,000. assessors office. Without a complete land appraisal, the assessor's site value is considered the most accurate for this report. The T T ESTIMATED REPRODUCTION OR REPLACEMENT COST NEW OPINION OF SITE VALUE 4 320,000 ❑ ❑ Source of cost data Dwelling Sq. Ft. @ $ . _$ A Quality rating from cost service Effective date of cost data Sq. Ft. @ $ _$ Comments on Cost Approach (gross living area calculations, depreciation, etc.) 4 R 0 A C H Garage/Carport Sq. Ft. © $ 4 Total Estimate of Cost -New 4 Less Physical Functional External Depreciation 4 ( ) Depreciated Cost of Improvements . _$ "As -is" Value of Site Improvements ........ _$ Estimated Remaining Economic Life (HUD and VA only) 52 Years Indicated Value by Cost Approach .................................................. _$ INCOME APPROACH TO VALUE (not required by Fannie Mae) I N Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income Approach C Summary of Income Approach (including support for market rent and GRM) 0 E PROJECT INFORMATION FOR PUDs (if applicable) Is the developer/builder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) Detached Attached ❑ X X ❑ Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit. P Legal Name of Project U Total number of phases D Total number of units Total number of units sold Total number of units rented Total number of units for sale Data source(s) II Was the project created by the conversion of existing building(s) into a PUD? Yes date of conversion ❑ No If Yes, F Does the project contain any multi -dwelling units? No Data source(s) ❑Yes ❑ 0 Are the units, common elements, and recreation facilities complete? Yes No If No, describe the status of completion. ❑ R M A T I Are the common elements leased to or by the Homeowners' Association? If Yes, describe the rental terms and options. ❑ Yes ❑ No N Describe common elements and recreational facilities Freddie Mac Form 70 March 2005 UAD Version 012011 Page 3 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # This report form is designed to report an appraisal of a one -unit property or a one -unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal o rganization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by u ndue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer u nder conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing this appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as,but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to,the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub -contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAIS. R Signature Name Matthew Williams Company Name Eubanks Appraisals Company Address PO Box 284 Loveland , CO 80539 Telephone Number 720-673-9008 Email Address infoeubanksappraisals.corn Date of Signature and Report 06/21/2021 Effective Date of Appraisal 06/15/2021 State Certification # CR200001678 or State License # or Other (describe) State co State # Expiration Date of Certification or License 12/31/2021 ADDRESS OF PROPERTY APPRAISED 37128 Soaring Eagle Cir Severance , CO 80550 APPRAISED VALUE OF SUBJECT PROPERTY $ 826,000 LENDER/CLIENT Name Solidifi Company Name loanDepot D epot Company Address 26642 Towne Centre Drive Foothill Email Address Ranch , CA 82610 SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name Company Name Company Address Telephone Number Email Address Date of Signature State Certification # or State License # _ State Expiration Date of Certification or License SUBJECT PROPERTY Did not inspect subject property Did inspect exterior of subject property from street Date of Inspection ■ Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Date of Inspection ■ Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 6 of 6 Al Ready Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # FEATURE SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Address 37128 Soaring Eagle Cir Severance, CO 80550 35238 Morning Star Ct Windsor, CO 80550 37151 Dickerson Run Severance, CO 80550 Proximity to Subject = 1.65 miles S 0.30 miles SW Sale Price $ $ 915,000 $ 895,000 $ Sale A Price/Gross Liv. Area $ sq.ft. $ 360.66 sq.ft. $ 374.01 sq.ft. $ sq.ft. L Data Source(s) IIRES#9641902;DOM 6 IRES#938411;DOM 61 E Verification Source(s) Tax Records Tax Records S VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + (-) $ Adjustment DESCRIPTION + (-) $ Adjustment DESCRIPTION + (-) $ Adjustment Sale Concessions or Financing ArmLth Listing Cash;500 M Date of Sale/Time s02/21;cO2/21 +36,600 c06/21 P Location N;Res; N;Res; N;Res; A Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple R Site 2.49 ac 1.00 ac +29,800 1.79 ac +14,000 S View B;Wtr; B;Pstrl; 0 N;Res; +20,000 O Design (Style) DT2;Neo-Eclec DT1;Ranch 0 DT1;Ranch 0 N Quality of Construction O3 O3 -91,500 O3 -89,500 A Actual Age 17 14 0 16 0 P Condition C3 C3 C3 P Above Grade 0 Room Count A Gross Living Area Total Bdrms. Baths Total Bdrms. Baths Total Bdrrns. Baths Total Bdrms. Baths 7 4 3.0 5 2 2.1 +5,000 6 2 2.1 +5,000 2,818 sq.ft. 2,537 sq.ft. +15,455 2,393 sq.ft. +23,375 sq.ft. c Basement & Finished H Rooms Below Grade 1340sf1029sfin 2478sf2158sfin -33,870 2360sf1769sfin -22,200 1rr1br1.0ba10 1rr2br1.0ba0o 0 2rr3br1.0ba0o 0 Functional Utility Average Average Average Heating/Cooling FWA/CAC FWA/CAC FWA/CAC Energy Efficient Items None None None Garage/Carport 6ga4dw 6ga4dw 3ga3dw +15,000 Porch/Patio/Deck Porch/Patio Porch/Patio Porch/Deck 0 Fireplace Fireplace Fireplace Fireplace Other 742sf Wkshop None +15,000 None +15,000 Net Adjustment (Total) + $ -23,515 + - $ -19,325 - $ X - X + Adjusted of Sale Price Comparables Net Gross Adj. 2.6 % Adj. 24.8 % $ 891,485 Net Gross Adj. 2.2 % Adj. 22.8 % $ 875,675 Net Adj. Gross Adj. % % $ Summary of Sales Comparison Approach A N A L Y S I S I C ITEM SUBJECT COMPARABLE SALE #4 COMPARABLE SALE #5 COMPARABLE SALE #6 0 Date of Prior Sale/Transfer M Price of Prior Sale/Transfer E Data Source(s) CoreLogic CoreLogic CoreLogic N Effective Date of Data Source(s) 06/15/2021 06/15/2021 06/15/2021 T S Analysis of prior sale or transfer history of the subject property and comparable sales Freddie Mac Form 70 March 2005 UAD Version 9/2011 Al Ready Fannie Mae Farm 1004 March 2005 TEXT ADDENDUM File# Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 General Text Addendum ADDITIONAL COMMENTS: Final Reconciliation: In regards to the applicable adjustments, these are based on paired data set analysis, information disclosed to by brokers active within the immediate area, and past experience. Furthermore, according to the 10th edition of the Appraisal of Real Estate, the adjustments utilized in the comparable sales analysis must be market derived, but the appraiser should also exercise judgment. Sales that are similar in all but one respect can be analyzed to isolate how that one difference affects price; however an appraiser cannot expect the sales data to reveal the effect of a single characteristic in all situations. Although the paired data set analysis is a theoretically sound method, it is sometimes impractical because only a narrow sampling of sufficiently similar properties may be available. Thus the appraiser's estimated contributory values of the amenities are considered reasonable and accurate. Highest and Best Use: The Subject is a legally permissible use based on current zoning. Based on current market conditions, the existing structure as a single family residence is its financially feasible and maximally productive use. Summary of Sales Comparison Approach: All comparable sales are located in the subject's market area and are considered the best available at the time of the appraisal. All seller concessions are within typical market ranges, therefore no adjustments were warranted. Adjustments were necessary to reflect differences in site size ($2oklacre), view, quality, gross living area ($55/sf), bathroom count ($5k/0.5 bath), finished basement area($30/sf), garage count, and workshop. The subject has not had any major updating since being built in 2004. Comparables #1 and #2 were considered to have superior updates including remodeled kitchens, updated flooring, and some bath updates. Comparables #4 and #5 were adjusted 10% of their respective sale prices for being superior in build quality (fenestration, exterior ornamentation, interior finish -outs, etc.). The subject has limited water views of New Winsdor Reservoir. Comparables #1 and #4 back open, pastures which were considered to have similar effects on value, therefore, no adjustments were warranted. Comparable #3 has similar water views as the subject. Comparables #2 and #5 were adjusted for being interior lots with beneficial views. Due to limited sales in the subject's market area, it was necessary to use comparable sales older than six months and to travel greater than typical distances to find comparables. Date of sale adjustments were based on the contract date of the comparable properties and an annualized appreciation of 12%. No adverse affect on value or marketability was noted as all comparables are located in competing market areas with similar buyer appeal. Site values are based on a thorough review of MLS, tax records, and the appraiser's knowledge in the area. These adjustments are based on contributory value rather than actual cost. Comparable #3 was given the most weight if the final estimation of value due to its similar condition, quality, and beneficial water views. Predominant Value: Subject appraised value is above predominant neighborhood value and represents the higher end of the market. This is typical for the area and has no adverse effect on value or marketability due to the presence of similiar properties in the area. Land Value: It is noted that the subject's land value exceeds 30% of the appraised value. This is typical for the market area and no adverse effect is noted. COVID-19: It is well known at this time that COVID-19 is having an impact on the economy and interest rates. This appraisal is to demonstrate the value of the property based on the current data and not to speculate. The scope of this appraisal assignment does not include the measurement of any effect of these events on the real estate market or on the value of the subject property. Therefore, the value opinion and other conclusions expressed in this report are subject to the extraordinary assumption that these events have had no effect on the marketability or market value of the subject property. At least one listing was included in the report to demonstrate the current market conditions while, the other comparable sales are from as recent date as possible.C Market Conditions Addendum to the Appraisal Report File# The This purpose of this is a required addendum addendum is to for all provide the lender/client appraisal reports with an with effective a clear and accurate understanding date on or after April 1, of the market 2009. trends and conditions prevalent in the subject neighborhood. Property Address 37128 Soaring Eagle Cir City Severance State CO ZIP Code 80550 Borrower Jeremy Yonce Instructions: the overall analysis provide criteria median, market as data that The conditions indicated for the the would appraiser below. shaded appraiser be used must use the information as reported in the Neighborhood If any required data areas below; if it should report the available by a prospective buyer required section is unavailable is available, however, figure and of the subject on this form of the appraisal or is considered the appraiser identify it as property. as the basis report unreliable, must an average. The appraiser for his/her form. the include Sales must appraiser the explain conclusions, The appraiser data and listings in any and must must provide the analysis. must anomalies must fill in all an If be properties in the provide the information explanation. data sources that data, support It is provide compete such as for those conclusions, to the extent it recognized that the required with the subject seasonal markets, is available not all information property, new regarding data construction, and housing trends and reliable and must provide sources will be able to as an average instead of determined by applying the foreclosures, etc. Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current 3 Months Overall Trend M — A Total # of Comparable Sales (Settled) 6 4 3 ❑ Increasing X Stable Declining KAbsorption Rate (Total Sales/Months) 1 1.33 1 increasing X Stable Declining E Total # of Comparable Active Listings 3 0 0 Declining X Stable Increasing I Months of Housing Supply (Total Listings/Ab.Rate) 3 0 0 Declining X Stable Increasing Median Sale & List Price, D0M, Sale/List % Prior 7-12 Months Prior 4-6 Months Current 3 Months Overall Trend R — E Median Comparable Sale Price $767,500 $764,000 $995,000 X Increasing Stable Declining S Median Comparable Sales Days on Market 85.5 109.5 47 X Declining ❑ Stable Increasing E A Median Comparable List Price $765,000 0 0 Increasing X Stable Declining R Median Comparable Listings Days on Market 83 0 0 Declining X Stable Increasing C Median Sale Price as % of List Price 98.00 97.94 100 Increasing X Stable Declining H Seller -(developer, builder, etc.) paid financial assistance prevalent? ❑ Yes X No Declining X Stable Increasing & Explain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condo fees, options, etc.). A The IRES MLS indicates area. Prior Months 7-12: A33% of sales for this period. L Y S there were 13 6 Sales; 1 with The concessions closed sales during the past 12 months concessions; 17% of sales for this period. ranged between $200 and $1,000. and 3 of 4-6: 4 The median those sales contained Sales; 1 with concessions; concession seller concessions which 25% of sales for amount is $500. this is 23% of period. 0-3: the 3 total Sales; transactions 1 with concessions; in this market I Are foreclosure sales (RED sales) a factor in the market? ❑ Yes X No If yes, explain (including the trends in listings and sales of foreclosed properties). S The data mandatory Market used in reporting Conditions the grid above does not indicate there were any field for agents and there may be some distressed Report. REQ/Short sales that sales or other were not distressed reported. properties It is beyond associated the scope with the of this assignment reported transactions. to confirm However, each this sale used is not a in the Cite data sources for above information. The IRES MLS was the data source used to complete the Market Conditions Addendum. Summarize the above pending sales and/or information expired and as support for your withdrawn listings, to conclusions in the formulate your Neighborhood conclusions, section of the provide both an appraisal explanation report and form. If you used any additional support for your conclusions. information, such as an analysis of The subject's made for dated market area is considered increasing based on paired data analysis, larger market trends and is supported by the 1004 sales on the grid. MC. Therefore, market adjustments were If the subject is a unit in a condominium or cooperative project, complete the following: Project Name: C Subject Project Data Prior 7-12 Months Prior 4-6 Months Current —3 Months Overall Trend NTotal # of Comparable Sales (Settled) Increasing ❑ Stable Declining D Absorption Rate (Total Sales/Months) Increasing Stable Declining Total # of Active Comparable Listings Declining Stable Increasing i C Months of Unit Supply (Total Listings/Ab. Rate) Declining Stable Increasing O Are foreclosure sales (RED sales) a factor in the project? Yes No If yes, indicate the number of REO listings and explain the trends in listings and sales of - foreclosed properties. O P P R O J E C T Summarize the above trends and address the impact on the subject unit and project. S P P Signature R A Appraiser / Signature Name Matthew Williams Supervisory Appraiser Name I Company Name Eubanks Appraisals Company Name E Company Address PO Box 284, Loveland, CO 80539 Company Address R State License/Certification # CR200001678 State CO State License/Certification # State Email Address info@eubanksappraisals.com Email Address Freddie Mac Form 71 March 2009 Pagel oft Al Ready Fannie Mae Form 1004MC March 2009 File # UNIFORM APPRAISAL DATA ET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field -Specific Standardization Requirements) Condition Ratings and Definitions C1 The improvements have been recently constructed and have not been previously occupied. The entire structure and al depreciation. components are new and the dwelling features no physical Note: Newly constructed improvements that feature recycled or previously used materials and/or components can be considered new dwellings provided that the dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have been rehabilitated/remanufactured into like -new condition. Improvements that have not been previously occupied are not considered "new" if they have any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep). C2 The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs. Virtually all building components are new or have been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replaced with components that meet current standards. Dwellings in this category either are almost new or have been recently completely renovated and are similar in condition to new construction. Note: The improvements represent a relatively new property that is well maintained with no deferred maintenance and little or no physical depreciation, or an older property that has been recently completely renovated. C3 The improvements are well maintained and feature limited physical depreciation due to normal wear and tear. Some components, but not every major building component, may be updated or recently rehabilitated. The structure has been well maintained. Note: The improvement is in its first -cycle of replacing short-lived building components (appliances, floor coverings, HVAC, etc.) and is being well maintained. Its estimated effective age is less than its actual age. It also may reflect a property in which the majority of short-lived building components have been replaced but not to the level of a complete renovation. C4 The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has been adequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs. All major building components have been adequately maintained and are functionally adequate. Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which some of the short-lived building components have been replaced, and some short-lived building components are at or near the end of their physical life expectancy; however, they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property. C5 The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs, rehabilitation, or updating. The functional utility and overall livability is somewhat diminished due to condition, but the dwelling remains useable and functional as a residence. Note: Some significant repairs are needed to the improvements due to the lack of adequate maintenance. It reflects a property in which many of its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional. C6 The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety, soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including many or most major components. Note: Substantial repairs are needed to the improvements due to the lack of adequate maintenance or property damage. It reflects a property with conditions severe enough to affect the safety, soundness, or structural integrity of the improvements. Quality Ratings and Definitions Ct 1 Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a specified user. Such residences typically are constructed from detailed architectural plans and specifications and feature an exceptionally high level of workmanship and exceptionally high-grade materials throughout the interior and exterior of the structure. The design features exceptionally high -quality exterior refinements and ornamentation, and exceptionally high -quality interior refinements. The workmanship, materials, and finishes throughout the dwelling are of exceptionally high quality. 02 Dwellings with this quality rating are often custom designed for construction on an individual property owner's site. However, dwellings in this quality grade are also found in high -quality tract developments featuring residence constructed from individual plans or from highly modified or upgraded plans. The design features detailed, high quality exterior ornamentation, high -quality interior refinements, and detail. The workmanship, materials, and finishes throughout the dwelling are generally of high or very high quality. 03 Dwellings with this quality rating are residences of higher quality built from individual or readily available designer plans in above -standard residential tract developments or on an individual property owner's site. The design includes significant exterior ornamentation and interiors that are well finished. The workmanship exceeds acceptable standards and many materials and finishes throughout the dwelling have been upgraded from "stock" standards. 04 Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard building plans are utilized and the design includes adequate fenestration and some exterior ornamentation and interior refinements. Materials, workmanship, finish, and equipment are of stock or builder grade and may feature some upgrades. 05 Dwellings with this quality rating feature economy of construction and basic functionality as main considerations. Such dwellings feature a plain design using readily available or basic floor plans featuring minimal fenestration and basic finishes with minimal exterior ornamentation and limited interior detail. These dwellings meet minimum building codes and are constructed with inexpensive, stock materials with limited refinements and upgrades. O6 Dwellings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round occupancy. Such dwellings are often built with simple plans or without plans, often utilizing the lowest quality building materials. Such dwellings are often built or expanded by persons who are professionally unskilled or possess only minimal construction skills. Electrical, plumbing, and other mechanical systems and equipment may be minimal or non-existent. Older dwellings may feature one or more substandard or non -conforming additions to the original structure. Definitions of Not Updated, Updated, and Remodeled Not Updated Little or no updating or modernization. This description includes, but is not limited to, new homes. Residential properties of fifteen years of age or less often reflect an original condition with no updating, if no major components have been replaced or updated. Those over fifteen years of age are also considered not updated if the appliances, fixtures, and finishes are predominantly dated. An area that is 'Not Updated' may still be well maintained and fully functional, and this rating does not necessarily imply deferred maintenance or physical /functional deterioration. Updated The area of the home has been modified to meet current market expectations. These modifications are limited in terms of both scope and cost. An updated area of the home should have an improved look and feel, or functional utility. Changes that constitute updates include refurbishment and/or replacing components to meet existing market expectations. Updates do not include significant alterations to the existing structure . Remodeled Significant finish and/or structural changes have been made that increase utility and appeal through complete replacement and/ or expansion. A remodeled area reflects fundamental changes that include multiple alterations. These alterations may include some or all of the following: replacement of a major component (cabinet(s), bathtub, or bathroom tile), relocation of plumbing/gas fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of) square footage). This would include a complete gutting and rebuild. Explanation of Bathroom Count Three-quarter baths are counted as a full bath in all cases. Quarter baths (baths that feature only a toilet) are not included in the bathroom count. The number of full and half baths is reported by separating the two values using a period, where the full bath count is represented to the left of the period and the half bath count is represented to the right of the period. Example: 3.2 indicates three full baths and two half baths. UADDEF 9-2011 (Updated 1/2014) Al Ready Abbreviations Used in Data Standardization Text File # Abbreviation Full Name Fields Where This Abbreviation May Appear A Adverse Location & View ac Acres Area, Site AdjPrk Adjacent to Park Location AdjPwr Adjacent to Power Lines Location ArmLth Arms Length Sale Sale or Financing Concessions AT Attached Structure Design (Style) B Beneficial Location & View ba Bathroom(s) Basement & Finished Rooms Below Grade br Bedroom Basement & Finished Rooms Below Grade BsyRd Busy Road Location c Contracted Date Date of Sale/Time Cash Cash Sale or Financing Concessions Comm Commercial Influence Location Cony Conventional Sale or Financing Concessions cp Carport Garage/Carport CrtOrd Court Ordered Sale Sale or Financing Concessions CtySky City View Skyline View View CtyStr City Street View View cv Covered Garage/Carport DOM Days On Market Data Sources DT Detached Structure Design (Style) dw Driveway Garage/Carport e Expiration Date Date of Sale/Time Estate Estate Sale Sale or Financing Concessions FHA Federal Housing Authority Sale or Financing Concessions g Garage Garage/Carport ga Attached Garage Garage/Carport gbi Built -In Garage Garage/Carport gd Detached Garage Garage/Carport GlfCse Golf Course Location Glfvw Golf Course View View GR Garden Design (Style) HR High Rise Design (Style) in Interior Only Stairs Basement & Finished Rooms Below Grade Ind Industrial Location & View Listing Listing Sale or Financing Concessions Lndfl Landfill Location LtdSght Limited Sight View MR Mid -Rise Design (Style) Mtn Mountain View View N Neutral Location & View NonArm Non -Arms Length Sale Sale or Financing Concessions o Other Basement & Finished Rooms Below Grade O Other Design (Style) op Open Garage/Carport Prk Park View View Pstrl Pastoral View View PwrLn Power Lines View PubTrn Public Transportation Location Relo Relocation Sale Sale or Financing Concessions REO REO Sale Sale or Financing Concessions Res Residential Location & View RH USDA —Rural Housing Sale or Financing Concessions rr Recreational (Rec) Room Basement & Finished Rooms Below Grade RT Row or Townhouse Design (Style) s Settlement Date Date of Sale/Time SD Semi-detached Structure Design (Style) Short Short Sale Sale or Financing Concessions sf Square Feet Area, Site, Basement sqm Square Meters Area,Site Unk Unknown Date of Sale/Time VA Veterans Administration Sale or Financing Concessions w Withdrawn Date Date of Sale/Time wo Walk Out Basement Basement & Finished Rooms Below Grade Woods Woods View View Wtr Water View View WtrFr Water Frontage Location wu Walk Up Basement Basement & Finished Rooms Below Grade UADDEF 9-2011 (Updated 112014) Al Ready I - • In S P iii-INI Ai a ifli 9 , "mss —.'_ -lai I awl I :-- _Jilt .• - �,._ f t as p ps z i .4,."‘• F.. lin i ...Attu . _. . ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Garage Subject Loft Subject Bedroom ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Bath Subject Basement Rec Room Subject Game Room ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Basement Bedroom Subject Basement Bath Subject Unfinished Basement ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject View Subject Master Bedroom Subject Master Bathroom ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Bedroom Subject Bedroom Subject Bath ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Utility Subject Living Room Subject Nook ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy 'Ponce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 1, hlll � F MI �- 1:; • ' 1 A1 �4 _ Subject Garage Subject Smoke/CO Detector Subject Smoke/CO Detector ADDITIONAL PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Subject Dining COMPARABLES PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Comparable Sale 'I 37048 Golden Eagle Ct Severance CO 80550 Date of Sale: s03/21;c02/21 Sale Price: Sq. Ft.: $/Sq. Ft.: 778,000 2,661 292.37 Comparable Sale 2 33810 Siasconset Rd Windsor Date of Sale: Sale Price: Sq. Ft.: $ / Sq. Ft.: CO 80550 s04/21;c02/21 742,500 2,585 287.23 Comparable Sale 3 323 N Shore Cir Windsor CO 80550 Date of Sale: s10/20;c08/20 Sale Price: 695,000 Sq. Ft.: 2,987 $ / Sq. Ft.: 232.67 COMPARABLES PHOTOGRAPH ADDENDUM File # Borrower/Client Jeremy Yonne Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Comparable Sale 4 35238 Morning Star Ct Windsor CO 80550 Date of Sale: s02/21;c02/21 Sale Price: 915,000 Sq. Ft.: 2,537 $ / Sq. Ft.: 360.66 Comparable Sale 5 37151 Dickerson Run Severance CO 80550 Date of Sale: Sale Price: Sq. Ft.: $ / Sq. Ft.: c06/21 895,000 2,393 374.01 Comparable Sale 6 Date of Sale: Sale Price: Sq. Ft.: $ / Sq. Ft.: LOCATION MAP ADDENDUM File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 COMPARABLE No. 4 35238 Morning Star et 1465 miles COMPARABLE. No. 3 323 N Shore Cir 2.1.8 miles SUBJECT 37128 Soaring Eagle Clir COMPARABLE BLE No 5 37151 Dickerson Run 0.30 miles SW SKETCH ADDENDUM File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 in 0 N Second Floor (i43572Sq ft] 12.3i N "OM Pert !$tAscetic frac . Loft m d w Bed room a 17.7( sr r Bed room 12.4' 13.4' Bath Area O 9 ai lations Summar/ " Master Bath 27.7' U' triPi Living Area Clain Dens Seccod Fizot 1435.72 ft Tot living Area (Rnund * 1436 Sq ft Q15x124x0. = 042: 12.4 = L21.52 t344x3 a 402 41..1. s 9.9 _ 406.89 OtSx 344 x 344 442 9.36 x 104 936 x 146 334x.34 60.7 3.3 40.4)(8.4 11.3 Y9 a 2.8.46 32.38, 114.24 a 236.73 = 339.36 110.7 SKETCH ADDENDUM File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 see S First Floor (1392.2 Sq it] �u�mi W n a FP .ns 6.2 20. 2' Bath Bedroom Living Entry 6.61 12.4' Porch 84' Kitchen Stairs D"rr it g 31141 V a rk h op 48 Utility w1 5. 134 444 2w :6 Car Attached. Oft , Area Calculations Summary 42.41 Living First Pcor Toth Li'v1nc Area (Rounded); tin-I!iung Area 1382,01. 5q Ft 1382.Si ft Calculation Details 13.4 54 .x2 11. 314 5i 12.4 I :x 34,3 112 )4 6 .i.x ,2-O5 x,2.OS x 10 a xLOS xLOS 75„04 214 41.E 1 686 .1 1641 L1 4 Pi dr 6 CV Atttithed M 74116 Sq ft 324.33 So ft 1652..4 232.5 si ft 24.411 X 0,4 64 x341 ..5.6x 3.1. 44.2 x 51,5 37.4 x 42.4 5ti+ x 113 20.2 x 12.5 74L76 a 20646 CCA 17.36 x;:1.1 a 1,54.5.76 . '.5E SKETCH ADDENDUM File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Basement C 1029.35 Sq ft] 20.2' 12.2' FP Rec Room Game Room Eli 2. 12.4' Bedroo Bath eta i rs LU 12.1' Unfinished 4.2° Area ca]cu rations Summary 13.4' as rat re) 5.6' finak it Non-IMny Area t&3 WTI %r Basern.n 1 ri 'A r. '1 r' r 'yy . a If �f 4.d"J�:. 12,Ex6 a 73.21 32.4k20.9 i 677.19 1i6.. a X 12.4 20442 3,9 x :till = 421 iS 2.4 X 13.4 = 32.16 :1i4X.r1 a 41954 4X 124r 162.14 11.;1 X 9.4 106,56 Certification File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Colorado Department of Regulatory AE.'nc1£5 DivIsion of Ree Estate Matthew Williams Certified Residential Appraiser cR2oc.00i 678 License Number Active License Status 129/2019 Issue Date 12/31/202 _ Expiration Verify this License at http://doracotorado Director: MaWaters Mire Licensee Si Ure E&O File # Borrower/Client Jeremy Yonce Property Address 37128 Soaring Eagle Cir City Severance Lender loanDepot County Weld State CO Zip Code 80550 Grit AHERKAN INSURANCE GROUP 301 E. Fourth Street, Cincinnati, OH 45291 I l s l DECLARATIONS For REAL ESTATE APPRAISERS ERROR.! . OMISI N INSURANCE POLICY S IS BOTH A CLAIMS \UI AND R EI , I FI) INSURANCE. POLICY. I'HIreilCY 11911 LS TO THOSE CLAIMS THAT ARE FIRST MADE AGAINST THE INSURED A.N I.i UEPO'R I El) I \ N RUING ING TO THE, CONIPA.' Y DURING THE POLICY PERIOD. 6 L di 'mu [-ann.! i s ti i u rdc d by Tile ccmpii rly in wa1i below: : (A capital . 'stoc cor ration Great American Assur4ncc Company N tc_ The Insurance Cumtt'my selected above shall herein be rekrs _ to as Cu.npa - Policy Number: Renal of; X49 Prmtrani Administrator #. ft Lindy Insurance Agency Inc. 100 RiverRidge Drive, Suite 301 Nonfood, MA 02062 Item I. Named Insured: MaIdleiv Park Willimns Item 2. Address: C1 .y1 Slag,". Zip Code: PO Box 330043 Northgleta, CO 80233 hen 3. Polity Period From OWnif2020 To 07/2212021 (Web, bay, Year) afoul*. . v. Year) (Both dates at 12:0I a. in. Standard Time at the address of the Named Insured firs stated! in Item 2.) hem 4. Limits of Liability: A..S 1,0 Damages l im it of Liability Each Claim B. S 1,000,000 Claim E v nss Limit of Liability - Each Claim S 1101 1,000 Damages Limit of Liability - Poky Aggregate D. S. 1,000,000 Claim [ 1ptn3t3 Limit of Liability — Policy Aggregate Item S. Deductible (.lnc ltsi ti ofClaim Expenses): ..S COO Each Claim I , S _ 0.00 Agrcgato lien 6. Premium: a: 773.00 Item 7. Retroactive Date (inapplicable); 07/W20.14 item 8,, Forms, Notices. and Endorsements, nttsch l 142100 (03/1 2 d i (0513) IL73 4( 1) D42402 (05/13) D42412 .v 17) D42413 (OMIT Authorized Reprosontative D4 -10I (03/15) No I r (' Al Ready PDF Generated on 06/22/2021 8:41:19AM Comparable #1: 37028 Soaring Eagle Cir, Severance CO 80550 4,366 sqft, 4bd/2ba, 2.03 acres. Built in 2005 Sold for $650,000 on 6/19/19 Overview 2 -acre Soaring Eagle estate 2 -story, Mountain views!! Open architectural design. Soaring living room, gourmet kitchen, granite, SS appliances, refinished hardwood floors, white European cabinets, casement windows, huge loft. Versatile main floor ofc, brm & ha. Huge deck w water view, backs to open space. New roof & superb landscaping. 3 -Car, 1438 sf unfinished basement, Irrigation water from HA. Central Northern Colorado location! Special financing incentives available from SIRVA Mortgage. Facts and featuresEdit • Type:SingleFamily • Year built:2005 • Heating:Other Cooling:Central Parking:Garage, Garage - Attached HOA:$57 monthly • Lot:2.03 Acres Interior details Bedrooms and bathrooms • Bedrooms:4 • Bathrooms: 2 • Full bathrooms: 2 Basement • Basement: Unfinished Flooring • Flooring: Other Heating • Heating features: Other Cooling • Cooling features: Central Appliances • Appliances included: Dishwasher, Dryer, Garbage disposal, Microwave, Range f Oven, Refrigerator, Washer Other interior features • Total interior livable area: 4,366 sqft Property details Parking • Parking features: Garage, Garage - Attached Property • Exterior features: Wood Lot • Lot size: 2.03 Acres Other property information • Parcel number: 070528001009 Construction details Type and style • Home type: SingleFamily Material information • Construction materials: Frame • Roof: Composition Condition • Year built: 2005 ,. :ors's.; •; Il� tar gtieY 1j!1:“ • Comparable #2: 917 Shetland ct, Windsor CO 80550 4,113 sqft, 5bd/4ba, 1.92 acres. Built in 1997 Sold for $725,000 on 6/11/20 Overview Wonderful 2 -story on cul-de-sac with mountain views, elbow room and close to city life. Hardwood floors on main and upper levels. Large master suite includes fireplace. Main floor has formal dining and living areas and an open kitchen/dining/family area. 5 bedrooms and 4 bathrooms. Finished basement includes second family room and bar area. Sit on the rear deck and enjoy an evening drink watching the sunset over the mountains. Mature landscaping in yard. Fenced pasture for your horse set up with barn and HOA water rights for pasture irrigation. Facts and featuresEdit it • Type:Single Family Residence Year built:1997 Heating:Forced Air • Cooling:No Data • Parking:3 Attached Garage spaces • HOA:$360 annually • Lot:1.92 Acres Interior details Bedrooms and bathrooms • Bedrooms: 5 • Bathrooms: 4 • Full bathrooms: 2 • 3/4 bathrooms: 1 • 1/2 bathrooms: 1 MasterBedroom • Features: Wood FLoor • Level: Upper • Length: 15 • Width: 27 Bedroom2 • Features: Wood FLoor • Level: Upper • Length: 11 • Width: 15 Bedroom3 • Features: Wood FLoor • Level: Upper • Length: 10 • Width: 15 Bed roo m4 • Features: Carpet • Level: Basement • Length: 12 • Width: 15 BiedroomSS' • Features: Carpet • Level: Basement • Length: 12 • Width: 15 DiningRoom • Features: Wood FLoor • Level: Main • Length: 12 • Width: 1 FamilyRoom • Features: Wood FLoor • Level: Main • Length: 16 • Width: 16 Kitchen • Features: Wood FLoor • Level: Main • Length: 13 • Width: 27 LivingRoom • Features: Wood FLoor • Level: Main • Length: 18 • Width: 12 Basement • Area: 1415 Basement • Basement: FuII,90 + Finished Basement Flooring • Flooring: Wood Floors Heating • Heating features: Forced Air Appliances • Appliances included: Gas Range/Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Microwave • Laundry features: Washer/Dryer Hookups, !ain Level, Main Level Laundry, Tile Floor Interior Features • Window features: Window Coverings • Interior features: Eat -in Kitchen, Separate Dining Room, Open Floorp'lan, Walk -In Closet(s), Wet Bar, Jack & Jill Bathroom, Kitchen Island, High Speed Internet Other interior features • Total structure area: 4,113 • Total interior livable area: 4,113 sqft • Finished area above ground: 2,698 Property details Parking • Total spaces: 3 • Parking features: Attached • Garage spaces: 3 • Covered spaces: 3 • Attached garage: Yes Accessibility • Accessibility features: Main Level Laundry Property • Levels: Two • Stories: 2 • Patio and porch details: Deck • Fencing: Fenced • View description: Back Range/Snow Capped, Foothills View • Residential vegetation: Evergreen Trees, Deciduous Trees • Horses can be raised: Yes Lot • Lot size: 1.92 Acres • Lot features: Cul-De-Sac, Abuts Farm Land, Within City Limits, Horse(s) Allowed Other property information • Additional structures included:Outbuilding • Parcel number: R1245597 • Zoning description: E-1 • Exclusions: Petrified Rock In Front Yard, Garage Freezer, leased Satellite Dish, Mineral Rights Construction details Type and style • Home type: SingleFamily • Property subType: Single Family Residence Material information • Construction materials: Wood/Frame • Roof: Composition Roof Condition • New construction: No • Year built: 1997 Utilities / Green Energy Details Utility • Electric information: Electric, REA • Gas information: Natural Gas • Sewer information: Septic Tank • Water information: City ''Dater • Utilities for property: Natural Gas Available, Satellite Avai Comparable #3: 37034 Soaring Eagle Cir, Severance CO 80550 4502 sqft, 5bd/5ba, 1.65 acres. Built in 2006 Sold for $780,000 on 8/30/19 Overview Sellers willing to consider back up offers - Open space, mountain views and country living, just minutes from the city! The backyard is an entertainer's paradise with pergola -covered flagstone patio, water feature and built-in fireplace. Basement has a wet bar, rec room, bedroom, bathroom, and home theater. Five car spaces includes two -car detached garage - perfect to store your toys or use as a shop. The master suite is its own private retreat with fireplace, jetted tub and steam shower Facts and featuresEdit • Type:SingleFarnily • Year built:2006 • Heating:Forced Air, 2 or more Heat Sources, Humidity Control Cooling:Central Air, Ceiling Fan(s) Parking:5 Attached Garage spaces • HOA:$695 annually • Lot:1.65 Acres Interior details Bedrooms and bathrooms • Bedrooms:5 • Bathrooms: 5 • Full bathrooms: 4 • 112 bathrooms: 1 MasterBedroom • Features: Carpet • Level: Upper • Length:22 • Width: 13 Bedroom2 • Features: Carpet • Level: Upper • Length: 14 • Width: 11 Bed room3 • Features: Carpet • Level: Upper • Length: 1► • Width: 11 Bedroom4 • Features: Carpet • Level: Upper • Length: 11 • Width: 10 Bedrooms • Features: Carpet • Level: Basement • Length: 14 • Width: 10 M aste rBath room • Features: Full Master Bath, 5 Piece Master Bath DiningRoom • Features: Wood FLoor • Level: Main • Length: 14 • Width: 13 FamilyRoom • Features: Carpet • Level: Basement • Length: 22 • Width: 22 Kitchen • Features: Wood FLoor • Level: Main • Length:23 • Width: 13 Basement • rea: 1433 Office • Features: Carpet • Level: Main • Length: 13 Width: 12 Basement • Basement: Full, 0 + Finished Basement,Built-Ire Radon,Sump Pump Flooring • Flooring: Wood Floors Heating • Heating features: Forced Air, 2 or more Heat Sources, Humidity Control Cooling • Cooling features: Central Air, Ceiling Fan(s) Appliances • Appliances included: Gas Range/ oven, Double Oven, Dishwasher, Refrigerator, Microwave, 2 or more H2O Heaters • Laundry features: Washer/Dryer Hookups, Upper Level, Tile Floor Interior Features • Window features: Window Coverings • Interior features: Eat -in Kitchen, Walk -In Closet(s), Wet Bar, Steam Shower, High Speed Internet Other interior features • Total structure area: 4,658 • Total interior livable area: 4,502 sqft • Finished area above ground: 3,225 • Fireplace features: Gas, Master Bedroom Property details Parking • Total spaces: 5 • Parking features: Attached,Garage Door Opener • Garage spaces: 5 Covered spaces: 5 • Attached garage: Yes Property • Levels: Two • Stories: 2 • Exterior features: Lawn Sprinkler System • Patio and porch details: Patio • Residential vegetation: Evergreen Trees, Grassed Lot • Lot size: 1.65 Acres Other property information • Parcel number R0715001 • Zoning description: Res • Other equipment: Home Theater • Exclusions: See Contract Writing Assistance In Documents For List. Construction details Type and style • Home type: SingleFamily Material information • Construction materials: Wood/Frame, Stucco • Roof: Composition Roof Condition • New construction: No • Year built: 2006 Utilities / Green Energy Details Utility • Electric information: Electric, PV REA • Gas information: Natural Gas • Sewer information: Septic Tank • Utilities for property: Natural Gas Available, Satellite Avail Community and Neighborhood Details Location • Region: Severance • Subdivision: Soaring Eagle Ranch HOA and financial details HOA • HOA fee: $695 annually Other financial information • Tax assessed value: $702,362 • Annual tax amount: $4,466 Comparable #4: 577 Madera Way, Windsor CO 80550 4412 sqft, 3bd/5ba, 1.97 acres. Built in 2010 Sold for $740,000 on 4/16/19 Overview Welcome to this Frank Lloyd Wright inspired Prairie Style home in the heart of Windsor. Nestled on 2 acres with beautiful Rocky Mountain views, this immaculate home is a showstopper. From the private entry to the oversized garage with 3 doors and an attached shop -this home has something for everyone. Features include an open kitchen with oversized island and rich cabinetry, central dining/gathering room with direct access to the deck and a large family room anchored by a wood stove with brick chimney. The main floor master retreat offers access to a second patio with brick wood burning firepit and a fully appointed bath with generous walk-in closet. The staircase from the entry to the loft is a beautiful focal point and leads to a fabulous office and workout space surrounded by windows to take in the views. Down to the basement you'll find a large rec room with wet bar for all your entertaining needs. Two additional bedroom suites offer their own private % baths, walk-in closets and direct access to a private outdoor patio that's a perfect little hideaway for you or your guests. The mud room and laundry room are conveniently located off the kitchen and include another refrigerator/freezer and there's no shortage of closets and storage space throughout this home. You'll love spending time outdoors enjoying the beautifully landscaped fenced yard surrounded by your own private field of Colorado natural grasses. Non -potable irrigation water is included in the HOA and the location cannot be beat. Only a few blocks to downtown and Windsor Lake - this home is a dream come true. Facts and featuresEdit • Type:SingleFamily • Year built:2010 • Heating:Other • Cooling:Central • Parking:4 Parking spaces • HOA:$58 monthly • Lot:1.97 Acres Interior details Bedrooms and bathrooms • Bedrooms:3 • Bathrooms: 5 • Full bathrooms: 1 • 3/4 bathrooms: 3 • 1/2 bathrooms: 1 Basement • Basement: Finished Flooring • Flooring: Carpet, Hardwood Heating • Heating features: Other Cooling • Cooling features: Central Appliances • Appliances included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer Other interior features • Total interior livable area: 4,412 sqft Property details Parking • Total spaces:4 • Parking features: Garage, Garage - Attached, Covered Property • Exterior features: Wood, Brick • View description: Mountain Lot • Lot size: 1.97 Acres Other property information • Parcel number: 080709003047 Construction details Type and style • Home type: SingleFamily Material information • Construction materials: Frame • Roof: Composition Condition • Year built: 2010 Comparable #5: 627 Ventana Way, Windsor CO 80550 5540 sqft, 7bd/5ba, 1.79 acres. Built in 2006 Sold for $756,000 on 6/19/19 Overview Beautiful well maintained home! Situated on 1.79 acres with breathtaking mountain views. Perfect for entertaining with extra large formal dining room and private patio. Custom kitchen with cherry cabinetry, gas range, walk in pantry, and butler's pantry. Spacious mother in law suite on main level. Master suite with beautiful accent lighting, recessed ceiling, fireplace, and large balcony facing the mountains. Flex room in basement. Southern facing windows and tankless water heating system. Facts and featuresEdit • Type:SingleFarnily • Year built:2006 • Heating:Forced air Cooling:Central Parking:3 Parking spaces • HOA:$58 5 8 monthly • Lot:1.79 Acres Interior details Bedrooms and bathrooms • Bedrooms:7 • Bathrooms: 5 • Full bathrooms: 4 • 1/2 bathrooms: 1 Basement • Basement: Finished Flooring • Flooring: Tile, carpet, Hardwood Heating • Heating features: Forced air Cooling • Cooling features: Central Appliances • Appliances included: Dishwasher, Garbage disposal, Microwave, Range ,/ Oven Other interior features • Total interior livable area: 5,440 sqft property details Parking • Total spaces: 3 • Parking features: Garage, Garage - Attached, Covered Property • Exterior features: Stucco • View description: Mountain Lot • Lot size: 1.79 Acres Other property information • Parcel number: 080709003002 Construction details Type and style • Home type: SingleFamily Material information • Construction materials: Frame • Roof: Composition Condition • Year built: 2006 Comparable #6: 37158 Dickerson Run, Severance CO 80550 5417 sqft, 5bd/5ba, 1.75 acres. Built in 2006 Sold for $740,000 on 4/16/19 Overview 1.75 acres w/ 5,500 finished sf in desired Soaring Eagle Ranch. Open floor plan, vaulted ceilings, wood, granite, travertine & beautiful custom tile throughout. Two master suites /full master baths in each. Two full kitchens, 2 laundry rooms, state of the art theatre room. The architecture & beauty of this home will amaze you, wait until you see the two story stone fireplace! Co comfort, style and elegance awaits you at this one of a kind property. Facts and featuresEdit • T►pe:SingleFarnily • Year built:2006 • Heating:Forced air • Cooling:Other • Parking:Garage, Garage - Attached • HOA:$60 60 monthly • Lot:1.75 Acres Interior details Bedrooms and bathrooms • Bedrooms: 5 • Bathrooms: 5 Basement • Basement: Finished Flooring • Flooring: Other Heating • Heating features: Forced air Cooling • Cooling features: Other Appliances • Appliances included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator Other interior features • Total interior livable area: 5,417 sqft property details Parking • Parking features: Garage, Garage - Attached Property • Exterior features: Wood Lot • Lot size: 1.75 Acres Other property information • Parcel number: 070533001064 Construction details Type and style • Home type: SingleFamily Material information • Construction materials: Frame • Roof: Composition Condition • Year built: 2006 sif July 7, 2021 Petitioner: YONCE JEREMY A PO BOX 1383 FORT COLLINS, CO 80522-1383 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBS ITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2021-1817, AS0109 Appeal 2008230016 Hearing 7/30/2021 8:30 AM Account(s) Appealed: R0706801 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2021, at or about the hour of 8:30 AM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its 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 5, 2021, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 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. If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by emailing assessor@weldgov.com or sending a fax to (970) 304-6433. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. 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 LPLIs./o:yf G'i. Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor August 5, 2021 Petitioner: YONCE JEREMY A PO BOX 1383 FORT COLLINS, CO 80522-1383 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2021-1817 Appeal 2008230016 Hearing 8/5/2021 Dear Petitioner: On the day indicated above, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. §39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2021. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R0706801 Stipulated - Approved Stipulated Value $888,722 $776,000 A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your. legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2021, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2021, in addition to any other requirements under law, any petitioner appealing either a valuation of rent -producing commercial real property to the Board of Assessment Appeals pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the County Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subsection (5)(a)(I) of this paragraph (a) within ninety days after the appeal has been filed with the Board of Assessment Appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) The primary method used by the county to determine the value of the subject property; and (B) The rates used by the county to determine the value of the subject property under the method identified in accordance with subsection (5)(b)(l)(A) of this section. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization within 30 days that you will pursue arbitration. You and the Board of Equalization will 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 (i.e. Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fees may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor Hello