HomeMy WebLinkAbout20211839.tiffValu • tion Report
of
Residential Improved Property
For
County Board of Equalization
NEW DONALD L TRUST
Petitioner
vs.
Weld County Assessor's Office
Respondent
Docket Number:
Parcel Number:
Schedule Number:
Appeal Number:
Date:
Time:
Board:
2021-1839
080525000059
R1347186
2008230091
2021-07-26
1:00 PM
1
Prepared By
Maryah Cross
Assessor's Office Staff Appraiser
Assessor's Indicated Value
AG LAND
AG BUILDINGS
AG RESIDENTIAL
TOTAL:
$15,979
$56,240
$337,455
$409,674
1o16
Subject Photo
General Description and Market Summary
Subject Site and Improvements
The subject property is located at N 1630 35TH AVE in WELD. The legal description of the property is
PT SW4SW4 25-6-66 LOT B REC EXEMPT RE -3074.
The subject is a Frame Masonry Veneer house constructed in 1919. It has 1,820 square feet of finished
living area above grade. There are 2 bedrooms and 2 bathrooms. The Assessor has classified the
structure as a Ranch 1 Story home of Fair quality construction. It has a 624 square foot basement that
is unfinished and a 624 square foot attached garage.
The land is 20.682 acres and is valued as flood irrigated with a portion that is used as pasture.
There are seven outbuildings of various size and utility.
The remainder of this packet addresses the valuation of the residential improvement.
The assessor completed an exterior and interior physical inspection on July 20, 2021.
Market Approach Summary
The subject property has been classified as Ag Residential for assessment purposes. Residential property
value shall be determined solely by consideration of the Market Approach to Value {39-1-103(5)(a),
CRS
As required by 39-1-104(10.2), CRS, the market value is determined by utilizing data from the period of
one and one-half years immediately prior to June 3 0th, 2020. If sufficient comparable valuation data is
not available within the eighteen -month time period, the assessor shall use market data from the five
year period immediately prior to June 3 0th, 2020. When appropriate, all sales are to be time adjusted to
the appraisal date of June 30th, 2 02 0.
Although the appraisal date is June 30, 2020, the physical characteristics are reflective of the property as
of January 1, 2021.
The comparable sales in this report were selected using county records and the Multiple Listing Services.
The Weld County Assessor's Office has verified that the comparable sales are arms -length transactions
based on review of the Real Property Transfer Declaration, telephone or personal confirmation
interviews and physical inspections to confirm property characteristics at the time of sale.
DEFINITION OF MARKET VALUE: The most probable price, as of a specified date, in cash, or in terms
equivalent to cash, or in other precisely revealed terms, for which the specified property rights should
sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale, with
the buyer and seller each acting prudently, knowledgeably, and for self interest, and assuming that
neither is under undue duress. {The Appraisal Institute}
The market value of the property as of June 30th, 2020 is:
Assessor's Indicated Value
AG LAND
AG BUILDINGS
AG RESIDENTIAL
TOTAL:
$15,979
$56240
$337,455
$409,674
3 of 6
Comparable 1
Comparable 2
Comparable 3
4of6
COMPARABLE 2
4171 AA ST , WELD
COMPARABLE _i
1639 N 35TH CT,WELD
COMPARABLE 1
3109 0 ST , WELD
SUBJECT
1630 N 35TH AVE WELD
5of6
WELD COUNTY ASSESSOR'S
Sales Comparables Market Adjustment Grid
Sale Date
Sale Price
TrAdj Sale Price
Parcel Number
Account Nu rui tier
Street Address
Subject
so
S0
08,0525000D59
R13471&6
11630N3.5THAVE
TOTAL I MP3F
TOTAL LAN D S F
IN B H DAN DE T
OCCUPANCY
Built- 'Description
Condition
Year Bui li
Resident NSF
Baths
Basement Si Feet
Basement Finish
Garage - Attached
Garage - Detached
Land Net Acre
Land
Quality
Outbuilding
1.820
900907.9 001
6207 - 01
Sir to Fang Fteshlentrat an
Ranch 1 Story
Typical
1919_000000
1820.0+00t]00
2.000000
624.000000
0.000000
624.000000
0.000000
20.5.2000
0.000000
Outbuilding
Final Market Value
Final Market Value f SF
1337,455.00
1185.41
omp# II
06/25/2020
499000D0
4 991 D0.00
080525300008
R6776039
31090 ST
4138.000000
46173.60000C
6207-01
Single Family Residential
Ranch 1 Story
Typi cal
194D
2099.000D00
2.000000
794.000000
474.000000
0.000000
11)421100000
1.0 60000
7 8293.1 0000.0
$0
$0
$0
$0
0
SD
($21;0110)
($14,931)
$0
($2968)
($7,:016)
$25,,42.2
(0',430)
0
($78,293)
$0
($8,:306)
,Adirustrnent
G ross % Adj u&'Bent
Net % Adjustment
Adjusted Sales Puce
Adjusted Sales Price / SF
($148222.70)
39.8930%
-29103g%
$350,777.30
$192.73
Camp to. 2
03126/2019
363600.00
363600.00
080523300032
R&956318
4167 AA ST
1080_000000
131115.600000
2211 -00
n�le Fan °y F sIdc rntial on Ag
Ranch 1 Story
Typical
1915.000000
1080.000000
1.000000
300.000000
0.000000
0.000000
480.000000
3.010000
172003.960000
Outbuilding
$0
$0
0
$0
$0
$0
$4,000
$39.,479
1,E50
$5,€57
$0
$25422
($181624)
$0
($172,004)
S0
SO
Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted sted ales Price SF
(3111, 0.116)
74 ,2673%
-30. 6
$252,,379.84
$138.67
Comp*
10129/2019
585000.00
585000.00
B80526001008
R1352286
N 1539.35TH AVENUE CT
1944 000000
0.000000
2126-00
Single Family Re 9i dei
Ranch 1 Story.
Typical,
1980_00D000
1.000000
5.000000
1944.00D000
1944.000000
960.000000
0.00000D
1.020000
138563.350000
Good
Outbuilding
I
$0
so
$D
$0
$0
$0
($61r 4 0)
(56t615)
.($144550)
($23,047)
($32,057)
($13,.689)
$0
$0
($138,5+64)
($441.321)
S0
Adjustment
Gross Adjustment
Net 5th Adjustment
Adjusted Sales Price
ce
Adjusted Sales Price / SF
($333,842.65)
57.0671%
-51_0611%
3251.,157.35
$138.00
6of6
NOTICE OF DETERMINATION
Brenda Dones
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
RECEIVED
JUL 072021
WELD COUNTY
Date of Notice: 6/30/2021
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM — 5:00PM
ACCOUNT
NO.
TAX
YEAR
OMMISSIOL\gft
C 1AX
AREA
q)ESCRIPTION/
PHYSICAL
LOCATION
R1347186
2021
0692
PT SW4SW4 25-6-66 LOT B REC EXEMPT RE -30
74
NEW DONALD L TRUST
1630 N 35TH AVE
GREELEY, CO 80631-9477
1630 N 35TH AVE WELD
ASSESSOR'S
VALUATION
PROPERTY
CLASSIFICATION
ACTUAL
VALUE
PRIOR
TO
ACTUAL
VALUE
AFTER
REVIEW
REVIEW
AG
LAND
15,979
15,979
AG
BUILDINGS
56,240
56,240
AG
RESIDENTIAL
337,455
337,455
TOTAL
409,674
409,674
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
Your property has been uniformly valued following Colorado law. Your protest of value has been
denied due to comparison of other similar properties which sold during the Jan 2019 to June 2020
time period.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The Assessor establishes property values. The local taxing authorities (county, school district, city,
fire protection, and other special districts) set mill levies. The mill levy requested by each taxing
authority is based on a projected budget and the property tax revenue required to adequately fund
the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall.
If you are concerned about mill levies, we recommend that you attend these budget hearings.
Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
Agent (If Applicable):
15-DPT-AR
PR 207-08/13
R1347186
2021-1839
"eO k 0 °I
Signature
County Board of Equalization Hearings will be held from
July 26th through August 5th at 1150 O Street
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below, and mail, file online, or deliver a copy of both sides of this form to
Weld County Board of Equal¢ation
1150 O'Street, P O Box 758
Greeley, CO 80631
Telephone (970) 356-4000 ext, 4225
Online www co weld co usjappsl/cboe/
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property — after such date, your right to
appeal is lost You may be required to prove that you filed a timely appeal, therefore, we
recommend that all correspondence be mailed with proof of mailing
You will be notified of the date and time scheduled for your hearing The County Board of
Equalization must mail a written decision to you within five business days following the date of the
decision The County Board of Equalization must conclude hearings and render decisions by August
5, § 39-8-107(-2),-C R S - If you do 'not receima decision from the County Board of Equalization'and
you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by
September 10, § 39-2-125(1)(e), C R S
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your
appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of
the following
Board of Assessment Appeals District Court
1313 Sherman Street, Room 315 Contact the District Court in the County
Denver, CO 80203 where the property is located See your
(303) 866-5880 local telephone book for the address and
www dola colorado ciov/baa telephone number
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization
if the date for filing any report, schedule, claim, tax return, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed
on he next business day, S 39-1-120(3), C R S
„ sl,?EATt10,)\IIECA OUNIABOARD;$ E EQUi LIMI ONSMISW"w'
What is your estimate of the property's value as of June 30, 2020? (Your opinion of value in terms of a
specific dollar amint is required for real property pursuant to § 39-8-106(1 5), C R S )
$ Pc / se -
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i e , comparable sales, rent roll, original
installed cost, appraisal, etc.) -
��h � �"r �;€� �k�"`^J p'c't' i4in ws+. �r� � �^. #n ��.�:
3'c'�'a.'a. `s.�......�3 ..r�"9.&c �. �:7�3.,�' . ��8� � �� � {r�'� ^t,.�'��£'�"'..�'YR 2]'4 t,:7'��l�k�'.saoa<.,eC���£i`,^'a':
dersigned owner or agent' of the property identified above, affirm that the statements contained herein
ny atta ents1ereto, a true and complete
9,tel -362 , -6-2)
Telephone Number Date
4:3Y7,7, -C .I11ir> /G10C-(01-P7
Email Address
'Attach letter of authorization signed by property owner
15-DPT-AR
PR 207-08/13
R1347186
July 8, 2021
Petitioner:
NEW DONALD L TRUST
1630 N 35TH AVE
GREELEY, CO 80631-9477
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 2021-1839, AS0109 Appeal 2008230091 Hearing 7/26/2021 1:00 PM
Account(s) Appealed:
R1347186
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 26, 2021, at or about the hour of 1:00
PM, 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
July 26, 2021
Petitioner:
NEW DONALD L TRUST
1630 N 35TH AVE
GREELEY, CO 80631-9477
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 2021-1839 Appeal 2008230091 Hearing 7/26/2021 1:00 PM
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
R1347186 Adjust - Denied in Part
$409,674 $321,106
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)(I)(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
LeL� i!"Jv:yfG C.
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
Hello