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HomeMy WebLinkAbout20202198.tiffChloe Rempel From: Sent: To: Subject: Mills Ford <fordidit@att.net> Monday, July 27, 2020 4:28 PM CTB-County Board of Equalization; Tim Reddick Withdrawal of my request for a hearing Docket 2020-21198, AS0106 Appeal 2008226277 RC" 19 31 eco Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. To the Weld County Board of Assessment Appeals: Please withdraw my petition for a hearing for a property located at 601 Denver Avenue, Fort Lupton, CO 80621-2159, scheduled July 30, 2020 at 1:30 p.m. Thank you for your attention to this. Mills H, Ford, Agent for the Petitioner Mills Ford AVPros 3199 S Pearl St Englewood CO 80113 303.757.2570 1 DGo-ai9g ASO IOCG COMMERCIAL R6143786 2020 5392 NOTICE OF DETERMINATION RECEIVED Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 JUL 17 2020 WELD COUNTY COMMISSIONERS Date of Notice: 6/26/2020 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM LEGAL DESCRIPTION/ PHYSICAL LOCATION RD PURIFOY REAL ESTATE LLC 601 DENVER AVE FORT LUPTON, CO 80621-2159 FTL 15526 L1 THRU 10 BLK16 601 DENVER AVE FORT LUPTON SSESSOR'S VALUATION ACTUAL VALUE PRIOR TO. REVIEW 838,050 ACTUAL. VALUE AFTE REVIEW 838,050 TOTAL 838,050 838,050 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: CM05 - The law requires that data from Jan 2017 to June 2018 be used to establish current values. We have considered all three approaches to value and we have denied your appeal based upon this data. 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): AV PROS LLC 3199 S PEARL ST ENGLEWOOD, CO 80113-2709 15-DPT-AR PR 207-08/13 R6143786 25o $ IOC PPEA� RQCEDU.RES County Board of Equalization Hearings will be held from July 27th through August 3rd 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 Equalization 1150 O Street, P.O. Box 758 Greeley, CO 80631 Telephone: (970) 356-4000 ext, 4225 Online: www.co.weld.co.us/appsl/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 receive a 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.gov/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 the next business day, § 39-1-120(3), C.R.S. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30, 2018? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.) $ 76_,�;Crz. eo 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.) II 5-er cr c —Q e; per -4. Ecc ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on any atta me s -reto are true and complete. Signature . .mod, CiCJ (1*, n e4 — Email Address 3(D3.157.25 7/) Telephone Number J O 1� Date I5, ao3.0 L2:;" SIP CI►i1� c7 C- �j � f S C', � (�Ct�. ��r2� 1 Attach letter of authorizati n signed by prope wner. 15-DPT-AR PR 207-08/13 R6143786 June 21, 2019 Mitanid A VPros, LLC 3199 South Pearl Street Englewood, Colorado 80113 RE: Filing a protest and/or appeal with regard to the 2.19 assessed value with the County Assessor in the county where my property is located for my property known as: 601 Denver Ave, Fort Lupton, legally titled in the name of RID PURIFOY REAL ESTATE LLC with Parcel Identification Number: PIN: 96 43186. Dear Mr. Ford, 1/we hereby appoint AVPros, LLC to act as my/our agent to present appraisal data and make arguments to the County Assessor's office in the county where my property is located in an effort to reduce the 2019 and MO valuation for assessment purposes on my property described above, and further, if necessary, to act on my/our behalf with regard to continuing the protest/appeal process to the second round venue, the County Board of Equalization. Thanks for your efforts in this matter. Yours truly, By: !� Date Name: /NOTE: If Owner is an LLC, corporation, or other entity, then REPLACE the Owner's signature block above with the following signature block] RD PURIF, Y REAL ESTATE LLC kntity Nate y 1k tl�l N; rnu i PROS THE ASSESSED VALUE PROTEST PROS June 1, 2020 Weld County Assessor Weld County Tax Assessor's Office 1400 North 17th Avenue Greeley, CO 80631 APPAISER 3199 South Pearl Street Englewood, CO 80113 mills@avprotestpros.com 303.757.2570/303.625.7600 RE: 2020 assessment value property protest appeal for property whose address is 601 Denver Ave, Fort Lupton, and PIN: R6143786. Weld County Assessor, Description of the Subject and Application of the Sales Comparison Approach — The subject property Is a one story 16,761 square foot auto sales complex, built in 1948, located at 601 Denver Avenue, Fort Lupton, CO 80621-2159 on a 34,580 square foot lot. Approximately half of the lot is covered by buildings, the other half by an open paved car sales lot. The building appears to have undergone numerous renovations and changes since its construction in 1948 in order to best conduct its automotive business. The building appears in good condition. For the valuation of the property, I started with the Sales Comparison Approach. I found 4 sales of reasonably similar utility over a large area along the northeast front range. Of the adjustments made in the sales comparison grid, a 1.6% annual TASP rate was used. For the building -to -land ratio adjustment a $3.50 per square foot unit land value was used. And adjustments were made for Age/Utility of the sales. The numbers can be seen in the accompanying sales comparison grid. In the end I adopted a $45.63 per square foot indicated unit value which when applied to the subject provided a June 30, 2018 estimated rounded value for the subject via the Sales Comparison Approach of $765,000. I did not complete an Income Approach analysis because the property appears to be closely held by the same people who run the business and occupy the space. Further determining a market rent for this kind of specialized use in Fort Lupton would be speculative at best. Based on my analysis, I estimate the value of the subject property, for tax assessment purposes, as of June 30, 2018, to be $765,000. Additional information and illustrative material regarding my value estimate are contained in the attached Sales Comparison Grid. 6/1/2020 PAGE 1 Thank you for your consideration. Respectfully submitted, A,L.,(,L)/t4d Mills H. Ford Certified General Appraiser Lic. # CGO1316568 6/1/2020 PAGE 2 SUBJECT I 601 De ver Ave 6/1/2020 PAGE 3 SUBJECT SITE DETAILS Property Map 7th St 6th St b 4 Google '130' 2661 266' 130' *Lot Dimensions are Estimated a Q 1s C ft tenth SA 9th Si yCh St 4P bin St 5t St hith St 3raSt a n i0AU ;Q N 7th St 6th St l iimmeasami Map d @2020 to a a 9th St Vine St State St 0 200 yards • 6/1/2020 PAGE 4 COMMERCIAL PROPERTY 2020 ASSESSED VALUE ANALYSIS R0044032 601 Denver Avenue 'Final Pres1'! 'Final Pres1'! Cmp. St nit Sale # St No. Dir Street Type [ Sch # Price SUB 601 Denver Ave R0044032 1 700 W Willox Ln R0154709 2 175 14th St R0649163 3 3805 W 10th St R7811499 4 1460 Vista View Dr R8945705 $400,000 $975,000 $1,000,000 $1,166,927 Motiva- tion Similar Similar Similar Similar 2020 AV Total 2020 AV Land 2020 AV Impr. Assessment Information $838,050 2018 AV Total 5754.245 $172,900 2018 AV Land $665,150 2019 AV Impr. SALES COMPARISON GRID STATISTICS Adj. Data MEAN STD DEV 1 STD DEV 2 MAX RANGE MIN RANGE MEAN MAX/MIN MEAN MID # MEDIAN MODE SOLD P/SF $45.63 $14.89 $12.90 $58.82 $29.90 $44.36 $46.91 $46.91 #NIA Indic. Value Subject $764,860 $249,648 $216,202 $985,921 $501,093 $743,507 $786,213 $786,213 #N/A Ok Finance ! eg a Terms % Type Similar Similar Similar Similar 5/15/2O Mills H. Ford Date Certified General Appraiser #1316568 AVPros, LLC Similar Similar Similar Similar Ok Stor- ies 1 Comp Sale Date 1 10/2/15 1 6/23/17 1 2/18/15 1 12/12/16 3.2% TASP _Lisaiy/L_ 0.009% 0.009% 0.009% 0.009% 0.009% Sub. Comp Comp Comp TASP Bldg. Site Site % Size Size Ac. Cover 8.785% 3.261% 10.766% 4.953% 16,761 0.7938 0.4847 6,511 9,280 11,791 28,830 2.0000 0.0747 1.9900 0.1071 1.2004 0.2255 2.7410 0.2415 Comparable Sales Approach INDICATED UNIT VALUE FOR SUBJECT P/SF INDICATED VALUE FOR SUBJECT As of 6/30/18 ADOPT $3.00 Sq.Ft $ Adi. % Aqe/Quality $3.00 #DIV/0! 1948/Average Unadj. Net Price Adj % Zone % Location % Sq.Ft. +l-% -9.0% $3.00 -55.27% 1972/Averagt O $3.00 -20.78% 1967/Average -7.0% I $3.00 -8.39% 1968/Averag( -10.0% $3.00 -15.41% 2016/Fair $45.63 $764,804 Similar 61.43 -51.3% Siuperior -18.0% 105.06 -44.0% Siuperior -20.0% 84.81 -31.8% Similar 40.48 -11.2% INCOME APPROACH MV I estimate the subject's value for tax assessment purposes as of June 30, 2018 to be: $765,000 I SUBJECT PROPERTY Address: Schedule No. 2020 AV Appraisal Date: Building Area SF: Site Size SF: SALE 1 Address: Schedule No. Sale Price Sale Date Building Area SF: Site Size SF: SALE 2 Address: Schedule No. Sale Price Sale Date Building Area SF: Site Size SF: SALE 3 Address: Schedule No. Sale Price Sale Date Building Area SF: Site Size SF: SALE 4 Address: Schedule No. Sale Price Appraisal Date: Building Area SF: Site Size SF: 601 Denver Ave R0044032 $838,050 June 30, 2018 16,761 34,578 700 W Willox Ln R0154709 $400,000 October 2, 2015 6,511 87,120 175 14th St R0649163 $975,000 June 23, 2017 9,280 86,684 3805 W 10th St R7811499 $1,000,000 February 18, 2015 11,791 52,289 1460 Vista View Dr R8945705 $1,166,927 December 12, 2016 =+(FinalFinal!V9) 119,398 PLACE SUCKER. WV OF ELOPE To rHr NIGHT GiNF PEno. A CESS FOLD nI DOTTED WF )s, LLC South Pearl Street wood, CO 80113-2709 CERTIFIED MAIL II i i i 7019 0140 0000 2455 7065 a 1023 WELD CCuvv-1` Y PO, Sox 7S GRE-- LE ,r), �o ssoG32. i 80832 N E O�L6EWBOOD, CoID AMO2 UNT° $8.20 R2305K141301.03 July 17, 2020 Petitioner: RD PURIFOY REAL ESTATE LLC 601 DENVER AVE FORT LUPTON, CO 80621-2159 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): AV PROS LLC 3199 S PEARL ST ENGLEWOOD, CO 80113-2709 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2020-2198, AS0106 Appeal 2008226277 Hearing 7/30/2020 1:30 PM Account(s) Appealed: R6143786 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2020, at or about the hour of 1:30 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, 2020, 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 to assessor@weldgov.com. 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 17, 2020 Agent: Petitioner: AV PROS LLC 3199 S PEARL ST ENGLEWOOD, CO 80113-2709 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 RD PURIFOY REAL ESTATE LLC 601 DENVER AVE FORT LUPTON, CO 80621-2159 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2020-2198, AS0106 Appeal 2008226277 Hearing 7/30/2020 1:30 PM Account(s) Appealed: R6143786 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2020, at or about the hour of 1:30 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, 2020, 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 to assessor@weldgov.com. 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 3, 2020 Petitioner: RD PURIFOY REAL ESTATE LLC 601 DENVER AVE FORT LUPTON, CO 80621-2159 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): AV PROS LLC 3199 S PEARL ST ENGLEWOOD, CO 80113-2709 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO CONFIRMATION OF WITHDRAWAL REQUEST Docket #: 2020-2198 Appeal #: 2008226277 Dear Petitioner: Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the below account number(s). Please be informed that a withdrawn petition precludes any further challenge to the valuation of the below account number(s) for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Actual Value as Account # Decision Determined by Assessor R6143786 Withdrawn $838,050 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