HomeMy WebLinkAbout20192810.tiffAugust 6, 2019
Petitioner:
KOST DANIEL
274 MT HARVARD AVE
SEVERANCE, CO 80550-4861
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 2019, WELD COUNTY, COLORADO
CONFIRMATION OF WITHDRAWAL REQUEST
Docket #: 2019-2810 Appeal #: 2008224586
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have withdrawn the petition challenging the valuation of the below account number(s).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informed that a withdrawn petition precludes any further challenge to the valuation of the below account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
R8949920 Withdrawn $366,995
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
Chloe Rempel
From:
Sent:
To:
Cc:
Subject:
Esther Gesick
Friday, July 26, 2019 10:08 AM
CTB-County Board of Equalization
Valerie Grube
Request to Withdraw - R8949920 - KOST, DANIEL
I received a voice message at 8:50 a.m. on July 26, 2019, from Daniel Kost requesting to WITHDRAW his appeal and
cancel his hearing.
Esther E. Gesick
Clerk to the Board
1150 O Street/P.O. Box 7581 Greeley, CO 80632
tel: (970) 400-4226
Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed
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1
a° ►q -.� I O
A50 103
renda Danes, Weld bounty Assessor
Valuation Report
Of
Residential Improved Property
For
County Board of Equalization
KOST DANIEL
Petitioner
vs.
Weld County Assessor's Office
Respondent
Docket Number: 2019-2810
Parcel Number: 080702401018
Schedule Number: R8949920
Appeal Number: 2008224586
Date: 2019-07-26
Time: 3:00 PM
Board: 1
Prepared By
Valerie Grube
Assessor's Office Staff Appraiser
Assessor's Indicated Value
RESIDENTIAL $366,995
TOTAL: $366,995
Page 1 of 7
Subject Photo
General Description and Market Summary
Subject Site and Improvements
The subject property is located at 274 MT HARVARD AVE in SEVERANCE. The legal description of the
property is Lot 18 Block 1 OVERLOOK FO #1.
The subject is a Frame Siding house constructed in 2018. It has 1901 square feet of finished living area
above grade. There are 3.00 bedrooms and 3.00 bathrooms. The Assessor has classified the structure as a
Ranch 1 Story home of Average quality construction.
Page 2 of 7
Market Approach Summary
The subject property has been classified as 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, 2018. 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 30th, 2018. When appropriate, all sales are to be time adjusted to
the appraisal date of June 3 0th, 2018.
Although the appraisal date is June 30, 2018, the physical characteristics are reflective of the
property as of January 1, 2019.
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, 2018 is:
Assessor's Indicated Value
RESIDENTIAL $366,995
TOTAL: $366,995
Page 3of7
Time Adjusted Sales Prices
By law, sales prices are time adjusted to the appraisal date of June 30, 2018. An adjustment for time
is made if during the sales collection period of January 2017 to June 30, 2018 the sale prices of
properties have appreciated or depreciated due to inflation or deflation. We refer to the adjustment
as a 'time' adjustment. If market conditions have not changed, no adjustment is required even
though considerable time may have elapsed. <C.RSS. 39-1-104...said level of value shall be adjusted
to the final day of the data -gathering period.}
sales and resales of the same or similar properties are a good indication of the changes in market
conditions over time. In addition, we run simple linear regression where we graph the sales and the
month the sale occurred to indicate the trend of the market. This trend is tracked as a monthly rate
of change. Since we consider one of the most important aspects of market value to be location, we
determine our time trends by location, also known as economic area or neighborhood, and by the use
of the property (vacant land, residential, commercial).
There were 21 sales during the base period and a .540% monthly time trend was applied.
118.0. 2151
SALERATIO
TIMEINTV
Page 4 of 7
Comparable 1
Comparable 2
Comparable 3
M
Page 5 of 7
Comparables Map
COMPARABLE 1
202 CASTLE DR 1 SEVERANCE
COMPARABLE
606 GORE RANGE DR, SEVERANCE
COMPARABLE 2
266 MT HARVARD AVE. , SEVE.RANCE
U BJ ECT
274 MT HARVARD. E SErE NC.E
Page 6 of 7
WELD COUNTY ASSESSOR'S
Sales Corn parables Market Adjustment Grid
Subject
Sale Date 09/05/2018
Sale Price $416,900
TmAdj Sale Price $416,900
Parcel Number 080702401018
Account Number R8949920
Street Address 274 MT HARVARD AVE
TOTALIMPSF
TOTALLANDSF
NBHDANDEXT
OCCUPANCY
Built -As Description
Quality
Condition
Year Built,
Adjusted Year Built
Residential SF
Baths
Basement Sig Feet
Basement Finish
Basement Walkout
Garage - Attached
Garage - Detached
Land
OutBuilding
Bonus Room
Ag Land
EXCLUDECODE1
- Tot SF
1901.000000
0.000000
2020 - 00
Single Family Resid
Ranch 1 Story
Average
Typical
2018.000000
2018.000000
1901.000000
3.000000
1901.000000
0.000000
0.000000
823.000000
0.000000
70000.000000
0.000000
0.000000
0.000000
0.000000
Final Market Value
Final Market Value / SF
$366,995.00
$193.05
Comp# 1
06/22/2018
390700.00
390700.00
080702308022
R8949488
202 CASTLE DR
1901.000000
0.000000
2020-00
Single Family Res identie
Ranch 1 Story
Average
Typical
2018.000000
2018.000000
1901.000000
3.000000
1901.000000
0.000000
0.000000
823.000000
0.000000
70000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price / SF
$0.00
0.0000%
0.0000%
$390,700.00
$205.52
Comp# 2
06/04/2018
403200.00
403200.00
080702401022
R8949924
266 MT HARVARD AVE
1901.000000
0.000000
2020 - 00
Single Family ResidentiE
Ranch 1 Story
Average
Typical
2018.000000
2018.000000
1901.000000
3.000000
1901.000000
70.000000
1.000000
823.000000
0.000000
70000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
($1,400)
($8,000)
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price / SF
($9,400.00)
23313%
-2.3313%
$393,800.00
$207.15
Comp # 3
05/24/2018
395500.00
397635.70
080702308003
88949471
606 GORE RANGE DR
1901.000000
0.000000
2020 - 00
Single Family ResidentiE
Ranch 1 Story
Average
Typical
2018.000000
2018.000000
1901.000000
3.000000
1901.000000
0.000000
0.000000
823.000000
0.000000
70000.000000
0.000000
0.000000
0.000000
$o
$0
$o
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price / SF
$0.00
0.0000%
0.0000%
$397,635.70
$209.17
Brenda Dones
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
ACCOUNT NO.
NOTICE OF DETERMINATION
RECEIVED
JUL 122019
WELD COUNTY
COMMISSIONERS
TAX YEAR
TAX AREA'...
Date of Notice: 6/25/2019
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM — 5:00PM
LEGAL DESCRIPTION/ PHYSICAL LOCATE
R8949920
2019
5666
KOST DANIEL
274 MT HARVARD AVE
SEVERANCE, CO 80550-4861
rt
RESIDENTIAL
Lot 18 Block 1 OVERLOOK FG #1
274 MT HARVARD AVE SEVERANCE
TOTAL
DRTO
366,995
366,995
366,995
366,995
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:
AL01 - 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 2017 to June
2018 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
R8949920
2019-2810
"5O1O3
APPEAL PROCEDURES
Signa ure L t
►r\ VOS 0,vn(Li I .Cclm
ATTESTATION
Email Address
' Attach letter of authorization signed by property owner.
County Board of Equalization Hearings will be held from
July 25th 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 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.qov/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.)
$ SCAOo` )
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, .. praisal, etc.)
unde s g ed owner or agent' of the property identified above, affirm that the statements contained herein
an chmen ereto are true and complete.
970-6ST-Foil 7/2-P?
Telephone Number Date
15-DPT-AR
PR 207-08/13
R8949920
July 22, 2019
Petitioner:
KOST DANIEL
274 MT HARVARD AVE
SEVERANCE, CO 80550-4861
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 2019, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2019-2810, AS0103 Appeal 2008224586 Hearing 7126/20193:00 PM
Account(s) Appealed:
R8949920
Dear Petitioner(s):
The Weld County Board ofEqualization has setadate ofJuly 26, 2019, atorabout the hour of3:00
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 aright toattend this hearing and present evidence insupport ofyour petition. The Weld
County Assessor orhis designee will be present. The Board will make itsdecision onthe basis of
the record made atthe aforementioned hearing, as well as your petition, so itwould be inyour
interest tohave arepresentative present. Ifyou plan tobe represented byanagent oranattorney
atyour hearing, prior tothe hearing you shall provide, inwriting tothe Clerk tothe Board's Office, an
authorization forthe agent orattorney torepresent you.Ifyou donotchoose toattend this hearing,
adecision will still bemade bythe Board bythe close ofbusiness onAugust 5,2019, and mailed to
you within five (5) business days.
Because ofthe volume ofcases before the Board ofEqualization, most cases shall belimited to10
minutes. Also due tovolume, cases cannot be rescheduled Itisimperative that you provide
evidence tosupport your position. This may include evidence that similar homes inyour area are
valued less than yours oryou are being assessed onimprovements you donothave.Please note
The fact that your valuation has increased cannot be your sole basis ofappeaL Without
documented evidence as indicated above, the Board will have no choice but to deny your appeal.
Ifyou wish todiscuss your value with the Assessor's Office, please call them at(970) 400-3650. If
you wish toobtain thedata supporting theAssessor's valuation ofyour property, please submit a
written request tcassessor@weldgov.com. Upon receipt oVourwritten request, theAssessor will
notify you ofthe estimated cost ofproviding such information. Payment must bemade prior tothe
Assessor providing such information, aWhich timetheAssessor willmake thedataavailable within
three (3) working days, subject to any confidentiality requirements.
Please advise me ifyou decide not to keep your appointment as scheduled. Ifyou 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 Danes, Assessor
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