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HomeMy WebLinkAbout20212028.tiffCOUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number: R8952456 STIPULATION (As To Tax Year 2021 Actual Value) RE PETITION OF : NAME: W2H PROPERTY LLC ADDRESS: 23744 COUNTY ROAD 6 HUDSON, CO 80642-8815 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: 10749 HWY 52, WELD; LOT 2 NPC MINOR 2. The subject property is classified as commercial. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2021 : Total: $1,163,934 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: $950,000 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 further review, an adjustment was indicated. 7. Both parties agree that: The hearing scheduled before the Board of Equalization on 08/02/2021 at 10:00 am be vacated. flA hearing has not yet been scheduled before the Board of Equalization. R8952456 1 ASQ109 DATED this 27th day of July , 2021 . Bryan Haffner Bryan Haffner (Jul 27, 2021 12:19 MDT) Petitioner(s) or Agent or Attorney Address: 23744 CR 6 Hudson, CO 80642 Telephone: 7204457474 R8952456 (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 R8952456/W2H PROPERTY LLC Final Audit Report 2021-07-27 Created: 2021-07-27 By: MILLIE CHANNELL (mchannell@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAKivbg81DoQmzVRX1gKChfh24THo38B8z "R8952456/W2H PROPERTY LLC" History 'n Document created by MILLIE CHANNELL (mchannell@co.weld.co.us) 2021-07-27 - 4:48:48 PM GMT- IP address: 204.133.39.9 Y Document emailed to MILLIE CHANNELL (mchannell@co.weld.co.us) for approval 2021-07-27 - 4:48:50 PM GMT (fro Document approved by MILLIE CHANNELL (mchannell@co.weld.co.us) Approval Date: 2021-07-27 - 4:51:59 PM GMT - Time Source: server- IP address: 204.133.39.9 E1-0. Document emailed to Jason Marini (jmarini@co.weld.co.us) for approval 2021-07-27 - 4:52:00 PM GMT t Email viewed by Jason Marini (jmarini@co.weld.co.us) 2021-07-27 - 6:06:06 PM GMT- IP address: 204.133.39.9 do Document approved by Jason Marini (jmarini@co.weld.co.us) Approval Date: 2021-07-27 - 6:06:18 PM GMT - Time Source: server- IP address: 204.133.39.9 E.+ Document emailed to Jason Marini (appeals@weldgov.com) for signature 2021-07-27 - 6:06:19 PM GMT t Email viewed by Jason Marini (appeals@weldgov.com) 2021-07-27 - 6:14:43 PM GMT- IP address: 204.133.39.9 be Document e -signed by Jason Marini (appeals@weldgov.com) Signature Date: 2021-07-27 - 6:15:09 PM GMT - Time Source: server- IP address: 204.133.39.9 E? Document emailed to Bryan Haffner (info@route52storage.com) for signature 2021-07-27 - 6:15:11 PM GMT t Email viewed by Bryan Haffner (info@route52storage.com) 2021-07-27 - 6:16:28 PM GMT- IP address: 65.155.245.42 Adobe Sign i,3, Document e -signed by Bryan Haffner (info@route52storage.com) Signature Date: 2021-07-27 - 6:19:32 PM GMT - Time Source: server- IP address: 65.155.245.42 Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2021-07-27 - 6:19:34 PM GMT .t Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2021-07-27 - 8:13:25 PM GMT- IP address: 204.133.39.9 6a Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2021-07-27 - 8:13:36 PM GMT - Time Source: server- IP address: 204.133.39.9 Q Agreement completed. 2021-07-27 - 8:13:36 PM GMT Adobe Sign Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the infonnation submitted and you will receive a date to appear before the board. Contact Information: Contact Name: Bryan Haffner Contact Email: Info@route52storage.com Contact Phone: 303-591-3182 Appeal Submitted: 12:39 PM July 14, 2021 Appeal submitted for: R8952456 - W2H PROPERTY LLC 10749 HIGHWAY 52 , WELD Legal: LOT 2 NPC MINOR Reason: Value Too High - Base on comparable RV storage sites Estimate of Value: $517,623.00 Document(s) Submitted: Account: All Accounts - comp.pdf Account: All Accounts - real-property-questionnairel.pdf Account: All Accounts - W2H Property LLC.pdf Account: All Accounts - Letter.docx You have selected the following Date Preferences: Monday, August 2, 2021, from 10:00 a.m. - 12:30 p.m. Tuesday, August 3, 2021, from 8:30 a.m. - 12:00 p.m. Wednesday, August 4, 2021, from 10:00 a.m. - 11:30 a.m. Wednesday, August 4, 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 2021-2028 Aso 1O9 W2H Property LLC 10749 Hwy 52 Ft Lupton, CO 80621 Bryan Haffner 303-591-3183 info@route52storage.com Parcel# 146902101002 Account# R8952456 Based on our property valuation for 2020 I believe the valuation is to high. I believe our Improvement code 2235 is over valved by $400,000.00. Attached is the online form showing the comparable sale. Our lot is be being bigger and more fencing and lot improves causes our valve to be higher Base on code 2135 if compared to Parcel 146903000011 which is a storage lot just like our lot, their value per acre is $7,468.00 (Actual Value) to our value of $$20,000.00 per acre. If ours is adjusted to a similar value of $7468 per acre our code should be $$149,360. We measure out our lot and came up with 17.85 acres of code 2135. This would drop the value to $133,304.00 Our code 4127 should be 26.91 acres. Change the valve to $3968.00 In this code we have 1.3 acres of land that is used by neighboring parcels for ditch water and over head electrical lines that we cannot use. We also have a 1.69 acre retentions pond that has on valve to create income. Base on this information The value of the building is between $230,400 and $530,302. Average value of the two is $380,351. Land value is $137,272. For a total of $517,623. W2H Property LLC Based on the size of our lot, building, amount of fence, amount of recycled concrete and other improvements when compared to the closest RV storage lot our property is valued at a higher rate for each area compared to others. If we use comparable land values, recycled concrete values and building values our property would be considerable lower. Thank You Bryan Haffner Account NumberR8952456 Parcel Number 146902101002 Owner Name W2H p1OTTLic Phone Number 303591313 e-mail info@route52storage.com REAL PROPERTY QUESTIONNAIRE Attach additional documents as necessary. MARKET APPROACH This approach to value uses comparable sales from the appropriate time period to determine the actual value of your property. The following items, if known, will help you estimate the market value of your property. If available, attach a copy of any appraisal or written estimate of value. Have similar properties in your immediate neighborhood sold within the 18 -month data gathering period? DATE SOLD PROPERTY ADDRESS SELLING PRICE Jan 31 2018 134 13th Ave Greeley 94,000 Sep 19 2017 760 N 9th Ave Brighton, March 27 2020 356 Dahlia St Hudson 247,000 168,500 Based on these sales and accounting for differences between sold properties and your property, state the value of your property.. $ Building 230,400 COST APPROACH (For Non -Residential Properties Only) This approach to value uses replacement construction costs from the appropriate time period to determine the value of your property. The following items, if known, will help you estimate the replacement cost of your property. YEAR BUILT 2018 BUILDER Self ORIG INAL CONSTRUCTION COST $410,302.00 List all changes made to your property prior to January 1 of the current year, i.e., remodeling of storefront; expansion of storage area; addition to parking, service or manufacturing area. DATE DESCRIPTION OF CHANGE 2019 laid recycle Concrete COST $100,000.00 Is your structure in typical condition for its age? Yes If not, why? Based on the replacement cost of construction and of any changes, including depreciation, state the total value of your property. $ 530,302.00 INCOME APPROACH (For Non -Residential Properties Only) This approach to value converts economic net income from the appropriate time period into present worth. If the property was rented or leased, attach operating statements showing rental and expense amounts for this property. Indicate square foot rental rate for all tenants. (Attach rent and lease schedule) If known, list rents of comparable properties. If available, attach operating statements showing rental and expense amounts for comparable properties. If an appraisal using the income approach was conducted, please attach. FINAL ESTIMATE OF VALUE State your final estimate of the property's value. $ 517,623.00 15-AR-DPT ARL VOL 2 1-84 Rev 10-09 Comparable Report: 10749 HIGHWAY 52 WELD Rocky Mountain National Park Granby O Arapaho and Roosevelt National Forests Vail Sil erthorne Gouge .Fr scC Subject R8952456 10749 HIGHWAY 52 WELD Distance N/A Sale Price N/A Sale Date N/A Price / Sq Ft N/A Accounts In Sale N/A 287 Fort Collins 0 liMndscro Denver Lake oo r 82863186 134 13TH AVE GREELEY 25 miles $ 94,000 Comp #1 Comp #2 R6298086 760 N 9TH AVE BRIG HTON 6.25 miles $ 247,900 31 Jan 2018 32 1 19 Sep 2017 1 96 Brush C St Ming Akron 0 firi.'a d s to C)2021 Gocgle Comp #3 R8964112 536 DAHLIA ST HUDSON 11 miles $ 168,500 27 Mar 2020 $66 1 Total Acres in Sale N/A Total Imp Sq Ft N/A 0.19 2,960 0.57 2,576 0.21 2,560 Built As Service Garage Class Pole Service Garage Metal Frame Service Garage Service Garage Metal Frame Metal Frame Year Built 2018 Commercial Sq Ft 2,400 Condo Sq Ft 0 Residential Sq Ft N/A 1998 2,960 0 1985 2,576 0 1974 2,560 0 N/A N/A N/A Buildings 1 Occupancy I Warehouse Occupancy 2 N/A Occupancy 3 N/A 1 Warehouse N/A 2 Warehouse Warehouse 1 Warehouse N/A N/A N/A NIA Reception No N/A 4372535 4338238 4579935 July 15, 2021 Petitioner: W2H PROPERTY LLC 23744 COUNTY ROAD 6 HUDSON, CO 80642-8815 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 NOTIFICATION OF HEARING SCHEDULED Docket 2021-2028, AS0109 Appeal 2008230201 Hearing 8/2/2021 10:00 AM Account(s) Appealed: R8952456 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 2, 2021, at or about the hour of 10:00 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 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor August 5, 2021 Petitioner: W2H PROPERTY LLC 23744 COUNTY ROAD 6 HUDSON, CO 80642-8815 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldqov.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 2021-2028 Appeal 2008230201 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 R8952456 Stipulated - Approved Stipulated Value $1,163,934 $950,000 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