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HomeMy WebLinkAbout20193833.tiffRECEIVED AP I₹ 9 f!fH, ' PETITION TO STATE BOARD OF ASSESSMENT APPEALS 1313 Sherman Street, Suite 315 Phone: (303) 864-7710 WELD COUNTY Denver, Colorado 80203 Email: baa@state.co.us COMMISSIONERS Date: 8/16/19 Property Owner: Kelly and Denise Hazzard Subject Property: 6740 Alexander Drive Windsor Street Address City Schedule Number(s): R6849697 Attach separate sheet if necessary Appeals the decision of the Weld County E Board of Equalization ❑ Board of Commissioners ❑ State Property Tax Administrator For Office Use Only Docket No. Fee: Y N Check/Credit Card H P H Dated: 7/26/19 This appeal concerns: LI Valuation ❑ Refund/Abatement ❑ Exemption ❑ State Assessed Tax Year: 2019 The subject property is currently classified as: ID Agricultural ❑ Commercial ❑ Mixed -Use ❑ Oil & Gas ❑ Non -Exempt (or Partially Non -Exempt) ❑Vacant Land EI Residential ❑ State Assessed 0 Personal Property ❑Other: The subject property should be classified as (if different than the current classification): Actual value assigned to subject property: $661 789 Petitioner's estimate of value: $597,340 Estimated time for Petitioner to present the appeal: 45 minutes or hours. Not less than 30 minutes. Board will allow equal time to County or Property Tax Administrator. Appearance: E Petitioner will be present at the hearing E I Petitioner will appear by telephone OPetitioner will be represented by an agent Petitioner is responsible for calling the Board at 303-864-7710 ❑ Petitioner will be represented by an attorney on the scheduled date and time of the hearing (Mountain Time Zone) 0 Petitioner would like to appear by video conference Petitioner must contact the Board at 303-864-7710 at least 21 days in advance of the scheduled hearing to confirm availability of video conference equipment. If the property owner is an entity, it must appear under the representation of an attorney licensed in Colorado except as follows: A closely held entity may be represented by an officer of the entity as long as the amount in controversy does not exceed $15,000, exclusive of costs, interest or statutory penalties. A closely held entity can have no more than three owners. See Section 13-1-127, C.R.S. A closely held entity that will be represented by an officer of the entity must provide a letter to the Board with this petition stating that it has no more than three owners and that the tax amount at issue does not exceed $15,000. A trust filing a petition may be represented by a trustee, an attorney or an agent. Filing Fee: Cash is not accepted None Petitioner is appearing pro se (self -represented) and has not filed more than two petitions with the Board of Assessment Appeals during this fiscal year (July 1 — June 30). ❑$33.75 Petitioner is appearing pro se (self -represented) and has filed more than two petitions with the Board of Assessment Appeals during this fiscal year (July 1 — June 30). 0 $101.25 Petitioner will be represented by an agent or by an attorney. In the space below, please explain why you disagree with the value assigned to the subject property: See Attachment #1 ezmrnurlica,-r iorNs ag fIc c-c:Assc60(Sm/c.A , C. .CKcn) O1�a ( �9 2019-3833 Aso 1O3 Required attachments to this form: EAssessor's or Property Tax Administrator's Notice of Valuation or Notice of Denial E Decision of County Board of Equalization, County Board of Commissioners or Property Tax Administrator Attachments required under certain circumstances: ❑A notarized Letter of Authorization if an agent will be representing Petitioner ❑A list of names, last known addresses and telephone numbers of co -owners or parties directly interested in the subject property if applicable. Certificate of Service I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed, or hand delivered to: Weld 0 Board of Equalization ❑ Board of Commissioners County ❑ State Property Tax Administrator at the following address: P.O Box 758 Greeley, CO 80632 on 8/20/19 Date I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed, or hand delivered to all co -owners or parties directly interested in the subject property on 8/20/19 Date I hereby certify that four (4) true and correct copies of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed or hand delivered to the Board of Assessment Appeals at 1313 Sherman Street, Suite 315, Denver, CO 80203 on 8/20/19 Date PETITIONER'S MAILING ADDRESS IS REQUIRED EVEN IF PETITIONER IS REPRESENTED BY AN AGENT OR ATTORNEY Signature of Agent ❑ or Attorney': S' Printed Name Mailing Address Pr nted - e Kelly - : zard Mailing Address 6740 Alexander Drive Windsor, CO 80550 City, State, Zip Code City, State, Zip Code Telephone: Telephone: 970-674-9646 E -Mail: Daytime number E -Mail: kdhazzard@techmolded.com It is the Petitioner's responsibility to notify the BAA of any change of address. Petitioners are strongly encouraged to read the Instructions and Rules of the Board of Assessment Appeals prior to completing this Petition Form. The Instructions and Rules are available on the internet at www.dola.Colorado.uov/uL; or may be requested by phone at 303-864-7710. Attachment #1 Weld County used the sales of four "comparable" properties (listed below) to value our property. All four properties have finished basements, which we do not. Weld County has placed a value of a finished basement at $20/SF. We have talked with several contractors and have received verbal estimates to finish our basement. Their written estimates will not be available by the time we must file this appeal. Their estimates range from $100 to $150/SF. The consensus from these two contractors is the cost of finishing a basement runs half the cost of finishing the main level. Below are two examples of applying this ratio to the comparable properties. Acct #R0744886 6760 Rodney Street, Windsor, CO 2457/SF Main Floor 2457/SF Finished Basement x 50% = 1228.5/SF 2457 + 1228.5 = 3685.5/SF Sale Price $625,000 divided by 3685.5/SF = $169.61/SF Acct #R6850197 6650 Alexander Drive, Windsor, CO 2270/SF Main Floor 1259/SF Finished Basement x 50% = 629.5/SF 2270 + 629.5 = 2899.5/SF Sale Price $615,000 divided by 2899.5/SF = $212.11/SF The next two comparable properties not only have finished basements, they have large outbuildings. We have talked with several neighbors who have recently constructed large outbuildings on their properties. One of the neighbors is at 6735 Alexander Drive which Weld County is using a comparable property. They are telling us that the cost to construct a building costs $50 to $70/SF. The examples below will not only show an adjustment for the finished basements, but also the cost of the outbuildings. Acct #R6848697 6735 Alexander Drive, Windsor, CO 2322/SF Main Floor 1318/SF Finished Basement x 50% = 659/SF 2322 + 659 = 2981/SF 1672/SF Outbuilding x $60/SF = $100,320 Sale Price $750,000 - $100,300 (outblding) _ $649,680 divided by 2981/SF = $217.94/SF Note: This property's actual taxed value is at $643,068, which is $106,932 less than what the home sold for. Yet, we are being compared to this home at the $750,00 sale price. Using this value their price per SF would be $182.07/SF Acct #R6796397 37503 Lee Lake Ave, Windsor, CO 2367/SF Main Floor 2367/SF Finished Basement x 50% = 1168.5/SF 2367 + 1168.5 = 3535.5/SF 2400/SF Outbuilding x $60/SF = $144,000 Sale Price $720,000 - $144,000 (outblding) = $576,000 divided by 3535.2/SF = $162.92/SF Note: This property's actual taxed value is at $710,433. Using this value their price per SF would be $160.21/SF. The average of the four adjusted property sale price values are $190.64/SF. Our home has 2951/SF on the main floor. By using the average adjustment, our home would be valued at $562,579. Our basement averages 766.5/SF more than the comparable properties. At $22/SF that would equal $16,863. Our garage averages 314/SF more than the comparable properties. At $57/SF that would equal $17,898. The total value of our property with adjustments: 2951/SF Main Floor at $190.64/SF = $562,579 766.5/SF Basement Adj. at $22/SF = $16,863 314/SF Garage Adj. at $57/SF = $17,898 Total Estimated Value $597,340 At the time of the hearing, or prior to, we would like to submit two written estimates for finishing our basement and one estimate for the construction of an outbuilding similar to the properties we are being compared to. We will contact you prior to the hearing with these written estimates. Thank you for your time and consideration, Kelly and Denise Hazzard 6740 Alexander Drive Windsor, CO 80550 #R6849697 2019 REAL PROPERTY NOTICE OF VALUATION This is a condensed version of your Notice of Valuation. See your entire Notice of Valuation, a complete property report, further details on the appeal process, sales data used for the valuation cycle, and a protest filing application at: www.co.weld,co.us/apps1/propertvportal/. The assessment rate for residential property is projected to be 7.2%. Generally, all other property is assessed at 29%. Your property was valued as it existed on January 1, 2019 using appraisal data from the period ending June 30, 2018. Account No: R6849697 Property Address/Description WIN AE L14 ALEXANDER ESTATES Classification RESIDENTIAL Total Prior 569,439 569,439 Current Difference 661,789 +92,350 661,789 +92,350 THE PRIOR YEAR TAX ESTIMATE IS $3,703. THE CURRENT YEAR TAX ESTIMATE IS $4,303. THIS RESULTS IN AN INCREASE OF +$600. THIS ESTIMATE IS BASED ON 2018 TAX RATES. YOU WILL RECEIVE A TAX BILL IN 2020. If you are unable to view your Notice of Valuation online, please call us at 970-400-3650. If, after filing an appeal with the Assessor you do not agree with the Notice of Determination (NOD), or you do not receive a NOD, you may file a written appeal with the County Board of Equalization on or before July 15, 2019. ❑ Check here if new address PLACE STAMP HERE Post Office will riot deliver without proper postage. r `'ill llllnrllurllrllrrrlll,lrullrrrrrlrlllrllrllllllrlrIii Weld County Assessor 1400 N. 17th Ave Greeley, CO 80631 20039 I July 26, 2019 Petitioner: HAllARD KELLY 6740 ALEXANDER DR WINDSOR, CO 80550-2550 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldgov.corn 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-2892 Appeal 2008224713 Hearing 7/25/2019 3:00 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 2019. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R6849697 Deny - Denied in Full $661.789 $661,789 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 ono 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, 2019, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2019, 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 subparagraph (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) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (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 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 fess 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 dZ%L y Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor Hello