HomeMy WebLinkAbout20193183.tiffAugust 6, 2019
Petitioner:
WARD LIVING LLC
PO BOX 265
LOVELAND, CO 80539-0265
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):
FREESTONE REAL ESTATE ADVISORS LLC
PO BOX 271490
FORT COLLINS, CO 80527-1490
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2019-3183 Appeal 2008224828 Hearing 8/5/2019
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
R7262198 Stipulated - Approved
Stipulated Value
$295,823 $293,000
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, 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 competing 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
a LW
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
August 6, 2019
Agent: Petitioner:
FREESTONE REAL ESTATE ADVISORS LLC
PO BOX 271490
FORT COLLINS, CO 80527-1490
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
WARD LIVING LLC
PO BOX 265
LOVELAND, CO 80539-0265
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2019-3183 Appeal 2008224828 Hearing 8/5/2019
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. §39-8-101et 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
R7262198 Stipulated - Approved
Stipulated Value
$295,823 $293,000
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)
li
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
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
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R7262198
STIPULATION (As To Tax Year 2019 Actual Value)
RE PETITION OF :
NAME: Ward Living LLC
ADDRESS:
PO Box 265
Loveland, CO
80539
Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2019 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:
JOH PV L39 PODTBURG VILLAGE PUD
2. The subject property is classified as Residential property.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2019 :
Total $295,823
4. After further review and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year2019 actual value for the subject property:
Total $293,000
5. The valuation, as established above, shall be binding only with respect to tax
year2019 .
6. Brief narrative as to why the reduction was made:
Additional review of sales.
7. Both parties agree that:
The hearing scheduled before the Board of Equalization on 07/30/2019
at 1:00 be vacated.
FA I
A hearing has not yet been scheduled before the Board of Equalization.
1
00101--3183
ASO io3
DATED this 29
Kyler w. Knudsen
Kyler W. Knudsen hJul 29, 2019
day of July , 2019
Petitioner(s) or Agent or Attorney
Address:
4726 Deer Trail Ct
Colorado
Telephone: 9706911662
Docket Number R7262198
Stip-1.Frm
.K1,4,,,,,_ II/12nt4.
(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
r&unchfattia.
County Assessor
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 400-3650
R7262198/Ward Living LLC
Final Audit Report
2019-07-30
Created: 2019-07-29
By: Courtney Anaya (canaya@co.weld.co.us)
Status: Signed
Transaction ID: CBJCHBCAABAAxstB3Izn79aBmQH1Os2T-UtjbvWt0vGh
"R7262198/Ward Living LLC" History
tI Document created by Courtney Anaya (canaya@co.weld.co.us)
2019-07-29 - 8:25:52 PM GMT- IP address: 204.133.39.9
Ly Document emailed to Courtney Anaya (canaya@co.weld.co.us) for approval
2019-07-29 - 8:25:53 PM GMT
p Document approved by Courtney Anaya (canaya@co.weld.co.us)
Approval Date: 2019-07-29 - 8:26:14 PM GMT - Time Source: server- IP address: 204.133.39.9
Document emailed to Colleen Kentfield (ckentfield@weldgov.com) for approval
2019-07-29 - 8:26:15 PM GMT
In Email viewed by Colleen Kentfield (ckentfield@weldgov.com)
2019-07-29 - 8:38:47 PM GMT- IP address: 204.133.39.9
Q Document approved by Colleen Kentfield (ckentfield@weldgov.com)
Approval Date: 2019-07-29 - 8:40:56 PM GMT - Time Source: server- IP address: 204.133.39.9
L4 Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature
2019-07-29 - 8:40:57 PM GMT
Email viewed by Brenda Dones (bdones@co.weld.co.us)
2019-07-29 - 9:22:55 PM GMT- IP address: 204.133.39.9
dp Document e -signed by Brenda Dones (bdones@co.weld.co.us)
Signature Date: 2019-07-29 - 9:23:19 PM GMT - Time Source: server- IP address: 204.133.39.9
r
Document emailed to Kyler W. Knudsen (kylerwknudsen@gmail.com) for signature
2019-07-29 - 9:23:20 PM GMT
Email viewed by Kyler W. Knudsen (kylerwknudsen@gmail.com)
2019-07-29 - 10:29:49 PM GMT- IP address: 174.209.15.10
4ntilla
Adobe Sign
Document e -signed by Kyler W. Knudsen (kylerwknudsen@gmail.com)
Signature Date: 2019-07-29 - 10:36:16 PM GMT - Time Source: server- IP address: 174.209.15.10
Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature
2019-07-29 - 10:36:17 PM GMT
Email viewed by Karin McDougal (weld-cboe@weldgov.com)
2019-07-29 - 10:48:53 PM GMT- IP adcress: 204.133.39.9
(=o Document e -signed by Karin McDougal (weld-cboe@weldgov.com)
Signature Date: 2019-07-30 - 0:33:58 AM GMT - Time Source: server- IP address: 204.133.39.9
Q Signed document emailed to Courtney Anaya (canaya@co.weld.co.us), canaya@weldgov.com, Colleen
Kentfield (ckentfield@weldgov.com), Kyler W. Knudsen (kylerwknudsen@gmail.com), and 2 more
2019-07-30 - 0:33:58 AM GMT
agli
Adobe Sign
Brenda Dones, Weld County Assessor
Valuation Report
of
Residential Improved Property
For
County Board of Equalization
WARD LIVING LLC
Petitioner
vs.
Weld County Assessor's Office
Respondent
Docket Number:
Parcel Number:
Schedule Number:
Appeal Number:
Date:
Time:
2019-3183
10 5906301039
R7262198
2008224828
2019-07-30
1:00 PM
Board: 1
Prep ared By
Colleen Kentfield
Assessor's Office Staff Appraiser
Assessor's Indicated Value
RESIDENTIAL $295,823
TOTAL: $295,823
Page 1 of 6
Subject Photo
General r escription and Market Summary
Su ject Site and Improvements
The subject property is located at 2220 PODTBURG CIR. in JOHNSTOWN. The legal description of the
property is JOH PV L39 PODTBURG VILLAGE PUD.
The subject is a Frame Hardboard house constructed in 1998. It has 1296 square feet of finished living
area above grade. There are 2.00 bedrooms and 2.00 bathrooms. The Assessor has classified the
structure as a Ranch 1 Story home of Average quality construction.
Page 2 of 6
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 $295,823
TOTAL: $295,823
Page 3 of 6
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).
This neighborhood had 148 sales and indicates a time adjustment of .422% per month.
IIHHD: 71
I .uu 15.i D 2C.00, 25.00
TIMEINTV
Page 4 of 6
Comparable 1
Comparable 2
Comparable 3
Page 5 of 6
SUBJECT
2220 PODTBURG CNF , JO H N S.TOWN
COMPARABLE 1
2307 AI SSE CT, JOHN TOWN
I
COMPARABLE 2
2218 NICHOLAS DR ,. JO►HNSTOWV
COMPARABLE 3
2228 NICHCLAS DR,JOHPJ
I
Page 6of6
Gre rubriar it
WELD COUNTY ASSESSOR'S
Sales Comparables Market Adjustment Grid
Subject
Sale Date 01/22/1999
Sale Price $122,400
TmAdj Sale Price $148,700
Parcel Number 105906301039
Account Number R7262198
Street Address 2220 PODTBURG CIR
TOTALIMPSF
TOTA'LLANDSF
NBHDANDEXT
OCCUPANCY
Built -As Description
Quality
Condition
Year Built
Adjusted Year Built
Residential SF
Baths
Basement Sq Feet
Basement Finish
Basement Walkout
Garage - Attached
Garage - Detached
Land
OutBuilding
Bonus Room
Ag Land
EXCLU DECOR E1
- Tot SF
1296.000000
5400.000000
0071 - 02
Single Family Resid
Ranch 1 Story
Average
Typical
1998.000000
1998.000000
1296.000000
2.000000
1280.000000
0.000000
0.000000
400.000000
0.000000
58000.000000
0.000000
0.000000
0.000000
0.000000
Final Market Value
Final Market Value / SF
$295,823.00
$228.26
Comp # 1
05/18/2017
305000.00
325590.00
105906301088
R7267098
2307 ALYSSE CT
1372.000000
5252.000000
0071 - 02
Single Family Residentie
Ranch 1 Story
Average
Typical
1998.000000
1998.000000
1372.000000
3.000000
1367.000000
0.000000
0.000000
400.000000
90.000000
58000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$0
$0
($5,320)
($6,000)
($1,914)
$0
$0
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price 1 SF
($13,234.00)
4.0646%
-4.0646%
$312,356.00
$241.02
Comp # 2
05/19/2017
320000.00
347296.00
105906301072
R7265498
2218 NICHOLAS DR
1314.000000
5400.000000
0071 - 02
Single Family Residentie
Ranch 1 Story
Average
Typical
1999.000000
1999.000000
1314.000000
3.000000
1298.000000
1198.000000
0.000000
420.000000
0.000000
58000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
($500)
$0
($1,260)
($6,000)
($396)
($22,762)
$0
($1,140)
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross 4 o Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price I SF
($32,058.00)
9.2307%
-9.2307%
$315,238.00
$243.24
Comp # 3
02/28/2017
265000.00
293116.50
105906301068
R7265098
2228 NICHOLAS DR
1297.000000
5400.000000
0071 -02
Single Family Residentie
Ranch 1 Story
Average
Typical
1998.000000
1998.000000
1297.000000
2.000000
1280.000000
0.000000
0.000000
400.000000
0.000000
58000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$0
$0
($70)
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price / SF
($70.00)
0.0239%
-0.0239%
$293,046.50
$226.12
Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the
information submitted and you will receive a date to appear before the board.
Contact Information:
Contact Name: Kyler Knudsen
Contact Email: kylerwknudsen@gmail.com
Contact Phone: 970-691-1662
Appeal Submitted: 09:57 PM July 15, 2019
Appeal submitted for:
R7262198 - WARD LIVING LLC
2220 PODTBURG CIR, JOHNSTOWN
Legal: JOH PV L39 PODTBURG VILLAGE PUD
Reason: Value Too High - Property is a rental and is in fair condition requiring paint, flooring and
general maintenance. This property is thought to be in inferior condition compared to the
attached/analyzed comparables.
Estimate of Value: $270,000.00
Document(s) Submitted:
Account: All Accounts - Consultant Contract 2019 P -Tax DW-2 Sig.pdf
Account: All Accounts - 105906301074 - 2214 Nicholas Comps.pdf
Account: R7262198 - R7262198 INITIAL PROTEST.pdf
You have selected the following Date Preferences:
Thursday, August 1, 2019, from 9:00 a.m. to 12:00 p.m.
Thursday, August 1, 2019, from 1:30 p.m. to 3:30 p.m.
Monday, July 29, 2019, from 3:00 p.m. to 4:30 p.m.
Tuesday, July 30, 2019, from 1:30 p.m. to 4:30 p.m.
Thursday, July 25, 2019, from 1:30 p.m. to 4:30 p.m.
Thursday, July 25, 2019, from 9:00 a.m. to 12:00 p.m.
Friday, July 26, 2019, from 9:00 a.m. to 12:00 p.m.
Friday, July 26, 2019, from 1:30 p.m. to 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
2019-3183
Ac.Soto3
Thank you for submitting an appeal to the Weld County Assessor's Office. We will review the
information submitted and if we have questions we will contact you at one of the following:
Contact Information:
Contact Name: Kyler Knudsen
Contact Email: kylerwknudsen@gmail.com
Contact Phone: 970-691-1662
Appeal Submitted: 10:55 AM May 31, 2019
Appeal submitted for:
R7262198 - WARD LIVING LLC
2220 PODTBURG CIR, JOHNSTOWN
Legal: JOH PV L39 PODTBURG VILLAGE PUD
Reason: Value Too High - Property is a rental and is in fair condition requiring paint, flooring and
general maintenance. This property is thought to be in inferior condition compared to the
attached/analyzed comparables.
Estimate of Value: $270,000.00
Document(s) Submitted:
Account: All Accounts - PROPERTY TAX CONSULTANT CONTRACT 2019 DW-2.pdf
Account: All Accounts - 105906301074 - 2214 Nicholas Comps.pdf
The Appeal process can take several weeks for us to complete. We will mail a decision on your
appeal by June 30th for real property and by July 10th for business personal property and/or oil and
gas.
We thank you for your submittal.
Weld County Assessor's Office
(970) 400-3650
CONSULTANT CONTRACT
CONSULTANT: FREESTONE REAL ESTATE ADVJSORS LLC
CLIENT / ADDRESS: Diane Ward
N. Lincoln Ave
Loveland, CO 130538
PROPERTY ADDRESS: Multiple properties — See attached
COUNTY: X LARTMER/ X WELD / O
PARCEL NUMBER(S): See attached spreadsheets ("Property")
This Consultant Contract (hereinafter the "Contract") is made and entered into by the above -stated Consultant
and Client. Consultant and Client are referred to collectively herein as the "Parties." This Agreement is made
with reference to the following Background:
BACKGROUND
A, Consultant offers services to the owners of property who wish to validate and/or contest the value of
their Property as determined by the Assessor of the County wherein said Property is situated.
B. Client is the owner of the Property described above,
C. Client has received (a) Notice(s) of Valuation for the Property from the Assessor of the above indicated
County in the State of Colorado.
D. Client wishes to enter into this Contract to retain the services of Consultant to ascertain the validity of
the value(s) of the Property as determined by the Assessor, and to pursue a contest of said value(s)
should Consultant decide that a contest is appropriate.
AGREEMENT AND SCOPE OF WORK;
I . Background Statements. The above Background statements are incorporated fully into this Contract
by this reference.
2. Acceptance. Upon acceptance by Client, as evidenced by the signature below, this Contract shall bind
Client to pay the stated fee upon delivery of said services.
3. Work to be Performed by Consultant. Consultant shall review appropriate valuation techniques for
the subject Property and compare that analysis to Actual Values assigned to the Property for the 2019 Notice of
Valuation. Based on that analysis, Consultant shall either I) notify Client that it judges the assigned value to be
reasonable within current market conditions, or 2) file a protest of the assigned valuation with the appropriate
County Assessor on behalf of Client. Consultant shall pursue the protest/appeal through the appropriate levels
until a reasonable valuation level has been achieved, as determined by Consultant in its sole discretion.
"Reasonable valuation level" shall be the judgment of the Consultant based on current market conditions and
Consultant's analysis.
4. Power of Attorney. In conjunction with this Contract, Client shall grant to Consultant a Limited Power
of Attorney wherein Client shall authorize Consultant 1) to act on Client's behalf in filing the appropriate
protests/appeals and 2) to agree to a resolution on behalf of Client to those protests/appeals.
5. Information to Be Provided by Client to Consultant, Client shall provide the following information
to Consultant before Consultant commences its work for Client:
a. Timely Notice(s) of Valuation for the Property;
b. Access to the Property as necessary and appropriate to enable Consultant to make a determination of the
value of the Property.
6. Abatement of Previous Taxes. In addition to the work described in paragraph 3 above, Consultant
may, as it determines appropriate after conferring with Client and as permitted by law, pursue the potential for
abatement of previous taxes on the subject Property paid by Client.
7. FEE:
a. $0.04 retainer (non-refundable). Concurrent with the signing of this Contract, Client shall pay to
Consultant a non-refundable retainer in the amount of $0.00, Consultant shall retain this portion of the
fee regardless of the result of its analysis as to the appropriateness of the assessed value of the Property.
Client expressly understands that there is no guarantee that Consultant's analysis will result in a
determination that a contest of the assessed value of the Property is warranted, nor that any such contest
will be successful.
b. Contingency. Other than the non-refundable retainer, this agreement i. totally contingency -based, If
Consultant's analysis reveals that the assigned valuation from the Assessor is reasonable, then no
additional fees will be charged by Consultant or incurred by Client. In such event, Client will receive a
written report establishing and evidencing Consultant's conclusion. Alternatively, if Consultant's
analysis reveals that the assigned valuation of the Property is not reasonable and Consultant successfully
appeals said valuation resulting in a reduction of the valuation from the origina] Notice of Valuation.
then the fee (described below) shall be based on the tax savings that will accrue due to said reduction.
The fee will be based on the tax savings as measured by the difference between the taxes that would be
owed based on the original valuation and the taxes that would be owed based on the revised valuation.
The fee will be based on current assessment rations (29% commercial; 7.96% residential) and the latest
mill levy in effect at the time of billing. The fee will be offset by a credit for the retainer_ The retainer
is considered to be a minimum fee for the services of Consultant.
c. Term of Contract. THIS IS A 1 -TAX -YEAR CONTRACT (2019). However, this contract shall
remain in force should the abatement approval process by The County extend beyond 2019 into 2020.
d. First Year. In the first year. Client shall pay to Consultant a fee equal to forty percent (40%) of the tax
savings for that year (2019 taxes, due in 2020 and 2020 taxes, due in 2021). Consultant shall provide to
Client written evidence of the revised valuation, along with an invoice indicating the amount due to
Consultant, payment instructions, and the date by which such amount shall be paid. Client shall pay the
indicated amount due by the date indicated. Client should anticipate that this portion of the fee will
likely be due between August 1 and November 28, 2019. NOTE: If the property is sold in 2019, the fee
shall be applied to the pro -rated amount of 2019 taxes accrued.
e. Fees for Abatement of Taxes From Previous Years. Abatements are refunds of previously paid taxes_
if tax abatement is pursued by Consultant and is successful, then Client shall pay to Consultant a fee
equal to 40% of the total refund (inclusive of any interest applied). The fee shall be due and payable
upon actual receipt of the tax refund.
8. Billin2 Example:
CURRENT YEAR TAXES
Actual Value:
Assessed Value (29%)
Mill Levy
Estimated Taxes
Tax Savings, l ` Year:
Tax Savings, 2nd Year:
2 Year Savings Fee at 40%
Client Net Savings, 2 Years:
ABATEMENT
Taxes
Abated Tax Savings (2 years):
Abatement Fee at 40%
Client Net Refund:
Original Notice of Valuation
$1,000,000
$ 290,000
x . 08957
$25,975
$25,975 - $22,079 = $3,896
$25,975 - $22,079 = $3,896 = TOTAL of $7.792
$7,792 x 40% = $3,116.80
$7,792 - $3,l 16.80 = $4,675.20
Revised Valuation
$850,000
$246,500
x . 08957
$22,079
Prior Year Taxes Post -Abatement Taxes
$25,975 $22,079
$25,975 - $22,079 - $3,896 x 2 = $7,792
$7,792 x 40% = $3,116.80
$7,792 - $3.116,80 = $4,675.20
9_ Notices and Invoices.
a. To Client: Any notice or invoice to Client provided for in this Contract shall be in writing and shall he
given and be effective upon (a) delivery to Client or (b) by mailing such notice by first class U.S. mail.
addressed to Client at Client's address stated on the first page of this Contract, or to such other address
as Client may designate by notice to Consultant. Client shall notify Consultant within thirty (30) days of
any change of address.
b. To Consultant: Any notice to Consultant shall be in writing and shall be given and he effective upon
(a) delivery to Consultant or (b) by mailing such notice by first class U.S. mail, to Consultant at the
address stated in the first paragraph of this Note, or to such other address as Consultant may designate
by notice to Client. Consultant shall notify Client within thirty (30) days of any change of address.
10. Change in Ownership of the Property. In the event that Client sells, transfers or otherwise fails to
maintain ownership of the Property or any portion thereof during the Term of this Contract, Client shall remain
personally obligated to pay to Consultant any and all contingent fees which would have become due and
payable to Consultant under the provisions of paragraph 7 above. Client shall provide to Consultant notice of
any such sale or transfer of ownership within thirty (30) days after the effective date of such change. Upon
receipt of such notice from Client, Consultant shall prepare an invoice indicating the full remaining amount due
related to the Property or the affected portion thereof, payment instructions, and the date by which such amount
shall be paid
11. Default by Client. If any payment required by this Contract is not paid when due, or if Client fails to
abide by any other obligation pursuant to this Contract, the amounts owed by Client to Consultant under the
terms of this Contract shall become due immediately, and such indebtedness shall bear interest at the rate of
eighteen percent (18%) per annum from the date of default. Consultant shalI be entitled to collect all reasonable
costs and expenses of collection and/or suit, including, but not limited to, reasonable attorneys' fees.
12. Forbearance by Consultant Not a Waiver. Any forbearance by Consultant in exercising any right or
remedy hereunder, or otherwise afforded by law, shall not he a waiver or preclude the exercise of any such right
or remedy.
13. Remedies Cumulative. Each remedy provided in this Contract is distinct from and cumulative to all
other rights or remedies under this Contract or afforded by law or equity, and may be exercised concurrently,
independently or successively.
14. Captions. The captions and headings of the paragraphs in this Contract are for convenience only and
are not to be used to interpret or define the provisions hereof.
15. Governing Law; Scverahility. This Contract shall be governed by the laws of the State of Colorado. In
the event that any provision or clause of this Contract conflicts with the law. such conflict shall not affect other
provisions of this Contract which can be given effect without the conflicting provision, and to this end the
provisions of the Contract are declared to be severable.
16. Counterparts. This Agreement may be executed in any number of counterparts, including facsimiles,
each of which when so executed shall be deemed to be an original and all of which taken together shall
constitute one and the same Agreement.
17. Modifications. This Agreement and any of the provisions contained herein may not be modified.
amended, waived, discharged or terminated other than by means of a written instrument signed by all Parties.
18. Entire Agreement. This Contract represents the entire agreement between the Parties as to all matters
specified herein, without limitation. No changes to this Contract shall be effective unless agreed to in a written
instrument signed by both Parties.
This Agreement shall be effective as of the date last signed below by the Parties.
CONSULTANT: FREESTONE REAL ESTATE ADVISORS LLC
Date: May 17, 2019
By:
CLIENT:
Company: Ward Companies
BY _Diane Ward
Please print name
BY
Signature
2018 Taxes payable h 2019
Schedule rt
Ward East, Ltd LL 2017
Pen el # Property Value
2018 new 2019
property value valuations
1604596 - 4495 Woods Ave
1637563 - 4498 Ward Ave
1604594 - 4329 Woods Ave
1324586 - 6825 E. 45th
1604597 - 6775 E. 45th
1604595 - 441.1 Woods Ave
1637562 - 4523 Ward Ave
1637564 - 4436 Ward Ave
1637565 - 4324 Ward Ave
1641849 - 6850 Woods Ave
1657280 - 4335 Ward Ave
1657566 - 4370 Woods Ave
1657667. 4320 Woods
1667281 -unknown
1667282 - unknown
8635314003
8635405001
8635314001
8635005002
9635315001
8635314002
9835305001
8635405002
8635405003
miff levy 71.37
525, 900.00
2,100,000.90
391,200.00
210,000.00
1,510,000.00
975,000.00
S
mill levy 82.79
525,000, 00
696,000.00
391, 200.00
210,000.00
1,510,000.00
975,000.00
S
5
S
5 179,800.44 S
$ 1,230,000.00 5
5 419, 600.40 5
8635306001 $
86353-19-001 $
$ 630,000.00
$ 2,400,000.00
$ 487,170.00
$ 210,000.00
$ 1,650,000.00
$ 1,300,000.00
179,800.00 $ 223,870.00
1,230,000.00 5 1,400,000.00
419,600.00 $ 522,530.00
510,000.00 S 510,000.00 $ 610,000.00
422,300.00 5 379,000.00 $ 472,000.00
8635310003 $ 1,000,000.00
8635310004 $ 356,200.00
new 8635319002
new 8635319002
$ 1,000,000 00 $ 1,200,000.00
358,200.00 S 446,070.00
$ 334,200.00 $ 1,429,900.00
$ 181,000 00 S 225,280.00
Ward Living
Address.
Schedule P Parcel 1
1131 SE 2ND ST 415219 9524107003
1119 SE 2ND ST 415197 95241O7002
1107 SE 2ND ST 415189 9524107001
1105 SE 2ND ST 415235 9524108001
1143 SE 2ND ST 415227 9524107004
4057 DOGWOOD CT 348392 9502221044
410E 22ND PL 759171 9512224012
913E 7TH 389072 9513471002
624 E 11TH 384097 9513233001
902 HAYESAVE 392863 9513441001
928E 8TH 392880 9513441003
923 E 8TH ST 392901 9513442002
11105E 2ND ST 415243 9524108002
1130 SE 2ND ST 415251 9524108003
927E 8TH 392910 9513442003
2000 VISTA 1229443 9563433015
726E 5TH 390194 951341500)
11425E 2ND 785849 9524112001
407 CLUBHOUSE 1585971 9517324031
405 CLUBHOUSE 1585972 9517324032
Ward Spaces
Address:
Schedule i# Parcel It
1040 N Madison Ave 0119024 8518214001
1072 N Madison Ave 0119032 8518214002
1410 E 11th St 0119459 8518214003
901iosephine Ct 0119667 8518214004
900 Josephine Ct 0119675 8518214005
1510 E 11th St 0119083 8518214006
Park Addition 0119091 8518214007
Park Addition 0019105 8518214008
1551E 11th St 0119156 8518215005
1110 N BakseAve 0119164 8518216001
1052 N Boise Ave 0119172 8518216002
1014 N Madison Ave 0430145 8518205001
Unknown 0430528 8519000010
1012 N Madison Ave 0826561 8518205001
Unknown 0430510 8519000009
Ward West
Address; Schedule # Parcel #
255E6TH ST 0444766 9513318001
211E7TH 0444596 9513310011
730 N CLEVELAND 0444570 9513310008
735 N LINCOLN AVE 0386499 9513310002
3SDE7TH ST 0444731 9513317002
211 E 7TH ST 04446O0 9513310012
220E8TH 5T 0386529 9513310004
735 N LINCOLN AVE 0386502 9513310003
Total;
745 N Lincoln Ave THRU 0386472 9513310001
380 AUDREY 1595173 9522184380
382 AUDREY 1595174 9522184382
384 AUDREY 1595175 9522184384
385 AUDREY 1595176 9522184386
T.ukal;
2114 IV Lincoln Ave 0759163 9512224011
4691 FOOTHILLS 1602553 9511440024
4683 FOOTHILLS 1602552 9517440023
1
July 25, 2019
Petitioner:
WARD LIVING LLC
PO BOX 265
LOVELAND, CO 80539-0265
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):
FREESTONE REAL ESTATE
ADVISORS LLC
PO BOX 271490
FORT COLLINS, CO 80527-
1490
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2019-3183, AS0103 Appeal 2008224828 Hearing 7/30/2019 1:00 PM
Account(s) Appealed:
R7262198
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 30, 2019, 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, 2019, 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
✓(J
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Assessor
July 25, 2019
Agent:
FREESTONE REAL ESTATE
ADVISORS LLC
PO BOX 271490
FORT COLLINS, CO 80527-1490
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
Petitioner:
WARD LIVING LLC
PO BOX 265
LOVELAND, CO 80539-0265
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2019-3183, AS0103 Appeal 2008224828 Hearing 7/30/2019 1:00 PM
Account(s) Appealed:
R7262198
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 30, 2019, 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, 2019, 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
ic
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Assessor
Hello