HomeMy WebLinkAbout20193085.tiffJuly 30, 2019
Petitioner:
HOPP JEFFREY D
3314 TRANQUILITY WAY
BERTHOUD, CO 80513-8125
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
NOTICE OF DECISION
Docket 2019-3085 Appeal 2008224762 Hearing 7/30/2019 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
R1884902 Adjust - Denied in Part
$711,971 $696,086
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 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
LeL� i!"lv:yfG C.
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Danes, Weld County Assessor
Address
3416 Memory LN
3304 Tranquility Ct
3105 Megan Way
3319 Tranquility Way
3433 Celestial Dr
3412 Memory Lane
3406 Memory Lane
Ranch
Ranch
Ranch
Ranch + Walk out
Ranch
Ranch
multi
SQ FT
4042
3720
5530
5137
4297
Price
505,000
550,900
595,000
671,000
603,577
448,500
723,800
$/SQ FT Sold
124.9381
148.0914
107.5949
130.621
104.3751
Jun -18
Mar -18
4/1/2018
5/15/2017
3/13/2018
9/20/2017
4/2/2018
Price
505,000
550,900
595,000
671,000
603,577
507,257
723,800
$/SQ FT BDROOM Bath
124.9381 5
148.0914
107.5949
130.621
118.0491
5
4
5
4
5
3
3
3
4.5
4
4.5
AV
3102 Megan Way
3217 Timeless Trail
3302 Tranquiity CT
18265 Wagon Trail, Mead
27570 Hopi Trail, Loveland
Ranch
Multi
Ranch + Shop (30x60)
Multi
Ranch
4552
4273
4552
4050
4318
585,397
123 593,791 125.8589
627,600 137.8735 NO
675,000 157.9686
705,000 154.877
570,000 140.7407
595,000 137.7953
5/17/2019 $630,000 $147.44
3/2/2019 705,000 $154.88
10/2/2018 570,000 140.7407
10/9/2018 595,000 137.7953
6
5
5
3
3
3.5
3
4
3
3
3314 Tranquility Way Ranch
3314 Tranquility Way Ranch
634,520 145.851 $625,000 $145.21
5137 640,000 124.5863
5137 660,000 128.4797
Brenda Dones, Weld County Assessor
Valuation Report
Of
Residential Improved Property
For
County Board of Equalization
HOPP JEFFREY D
Petitioner
vs.
Weld County Assessor's Office
Respondent
Docket Number: 2019-3085
Parcel Number: 106127201023
Schedule Number: R1884902
Appeal Number: 2008224762
Date: 2019-07-30
Time: 1:30 PM
Board: 1
Prepared By
Colleen Kentfield
Assessor's Office Staff Appraiser
Assessor's Indicated Value
RESIDENTIAL $711,971
TOTAL: $711,971
Page 1 of 6
Subject Photo
General Description and Market Summary
Subject Site and Improvements
The subject property is located at 3314 TRANQUILITY WAY in BERTHOUD. The legal description of the
property is BER SRWH L23 SERENITY RIDGE AT WILSON HOMESTEAD PUD.
The subject is a Frame Stucco house constructed in 2015. It has 2576 square feet of finished living area
above grade. There are 5.00 bedrooms and 5.00 bathrooms. The Assessor has classified the structure as a
Ranch 1 Story home of Good 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 $711,971
TOTAL: $711,971
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 24 sales and indicates a time adjustment of 1.095% per month.
1.90-
1.70-
1.50-"
O
90-
. '0'
. 50
C
0
O
a
F.- 277
1 1
OIL 5.130 10.00 15.00 20.00 25.00
Page 4 of 6
TIMEINTV
Comparable 1
Comparable 2
Comparable 3
Page 6 of 6
LET
COMPARABLE 1
3319 TMNQUILWAY, BERTHOUD
CCM PARABLE 3
3104 MEGAN WAY , BE.RTHOUD
Page 6 of 6
Lo t
S EKGT
3314 TRANQ.UILITYWAY , BERTHOUD
COMPARABLE 2
3304 TRANQUILITY CT, BERTHOUD
WELD COUNTY ASSESSOR'S
Sales Comparables Market Adjustment Grid
Sale Date
Sale Price
TmAdj Sale Price
Parcel Number
Account Number
Street Address
Subject
03/19/2015
$506,900
$584.912
106127201023
81884902
3314 TRANQUILITY
WAY
TOTALIMPS•F
TOTA'LLANDSF
NBHDANDEXT
OCCUPANCY
Built -As Description
Quality
Condition
Year Built
Adjusted Year Built
Residential SF
Baths
Basement So Feet
Basement Finish
Basement Walkout
Garage - Attached
Garage - Detached
Land
OutBuilding
Bonus Room - Tot SF
Ag Land
EXCLU DECOR E1
2576.000000
27853.000000
0261 - 01
Single Family Resid'
Ranch 1 Story
Good
Typical
2015.000000
2015.000000
2576.000000
5.000000
2554.000000
1970.000000
0.000000
882.000000
0.000000
105000.000000
0.000000
0.000000
0.000000
0.000000
Final Market Value
Final Market Value / SF
$711,971.00
$276.39
Comp # 1
05/09/2017
671000.00
773059.10
106127201017
R1884302
3319 TRANQUIL WAY
2576.000000
30801.000000
0261 - 01
Single Family Residentie
Ranch 1 Story
Good
Typical
2014.000000
2014.000000
2576.000000
5.000000
2554.000000
1970.000000
1.000000
882.000000
0.000000
105000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$500
$0
$0
$0
$0
$0
($9,600)
$0
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price / SF
($9,100.00)
1.3065%
-1.1771%
$763,959.10
$296.57
Comp # 2
02/22/2018
550900.00
575415.05
106127201043
81886902
3304 TRANQUILITY CT
1860.000000
29578.000000
0261 - 01
Single Family Residentie
Ranch 1 Story
Good
Typical
2014.000000
2014.000000
1860.000000
3.000000
1860.000000
1498.000000
0.000000
640.000000
0.000000
105000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$500
$0
$60,144
$14,400
$18,322
$10,762
$0
$16,553
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price I SF
$120,680.00
20.9727%
20.9727%
$696,095.05
$270.22
Comp # 3
05/25/2017
530000.00
610613.00
106127201063
R1888902
3104 MEGAN WAY
1860.000000
22676.000000
0261 - 01
Single Family Residentie
Ranch 1 Story
Average
Typical
2013.000000
2013.000000
1860.000000
3.000000
1860.000000
1498.000000
0.000000
640.000000
0.000000
105000.000000
0.000000
0.000000
0.000000
$0
$0
$0
$0
$0
$0
$0
$1,000
$0
$60,144
$14,400
$18,322
$10,762
$0
$16,553
$0
$0
$0
$0
$0
$0
$ Adjustment
Gross % Adjustment
Net % Adjustment
Adjusted Sales Price
Adjusted Sales Price if SF
$121,180.00
19.8456%
19.8456%
$731,793.00
$284.08
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: Hopp Jeffrey D
Contact Email: j dhopp 1 2gmail.com
Contact Phone: 303-717-2057
Appeal Submitted: 05:58 AM July 15, 2019
Appeal submitted for:
R1884902 - HOPP JEFFREY D
3314 TRANQUILITY WAY, BERTHOUD
Legal: BER SRWH L23 SERENITY RIDGE AT WILSON HOMESTEAD PUD
Reason: Value Too High - Comparison to homes sold in my neighborhood and nearby.
Estimate of Value: $640,000.00
Document(s) Submitted:
Account: All Accounts - 3314 Tranquility Way, 2019 Property Taxe Protest..docx
Account: R1884902 - R1884902_INITIAL PROTEST.pdf
You have selected the following Date Preferences:
Thursday, August 1, 2019, from 1:30 p.m. to 3:30 p.m.
Thursday, August 1, 2019, from 9:00 a.m. to 12:00 p.m.
uesday, July 30, 2019, from 1:30 p.m. to 4:30 p.m.
Monday, July 29, 2019, from 3:00 p.m. to 4:30 p.m.
Friday, July 26, 2019, from 1:30 p.m. to 4:30 p.m.
Friday, July 26, 2019, from 9:00 a.m. to 12:00 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.
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
2019-3085
X5O/0 3
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: Hopp Jeffrey D
Contact Email: jdhopp 12@gmail.c m
Contact Phone: 303-717-2057
Appeal Submitted: 03:46 PM June 03, 2019
Appeal submitted for:
R 18 84902 - HOPP JEFFREY D
3314 TRANQUILITY WAY, BERTHOUD
Legal: BER SRWEI L23 SERENITY RIDGE AT WILSON HOMESTEAD PUD
Reason: Value Too High - Comparison to homes sold in my neighborhood and nearby.
Estimate of Value: S 640, .00
Document(s) Submitted:
Account: All Accounts - 3314 Tranquility Way, 2019 Property Tae Protest..docx
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
in your home comparisons, you are comparing custom built homes to semi custom. The builkder of
many of the homes in my neighborhood is St. Aubyn. They use low end contractor grade flooring and
contractor grade finishes such as cabintets0lighting etc. Construction of main framing consists of 2x4
outer walls vs. 2x6 and 2x 's used in custom buil ranch homes in my neighborhood.,
Builder ST Aubyn
3314 Tranquility Way
Berthoud, Co 80513
Current estimate on Zi Ilow as of June 1, 2919- $674,274.00
Neighborhood: 80513
MEDIAN ZESTIMATE E !) MARKET TEMP '
44,700 Cool
5.17%
Past 12 months
Ruv er-=' Market Sellers' Market
Zit low predicts 80513 home values will increase 6.6% next year, compared to a 5.7% increase
for Berthoud as a whole. Among 80513 homes, this home is valued 54.2% more than the
m id p lint (median) home, and is valued 27.1% more per square food:.
V1/4/Mk Score 0 (Car -Dependent) WI Transit Score TliA 0 ( N o Nearby Transit)
Builder ST Aubyn
3102 Megan Way
Berthoud, Co 80513
6 beds 3.5 baths 4,552 sq ft
GATE EVENT PRICE $/SQFT SOURCE
8/11/2018 Listing. removed $627,600
Inc.
7/2/2018 Pending sale $627,600
Inc.
6/26/2018 Listed for sale $627,600
Builder ST Aubyn
3217 Timeless Trl, Berthoud, CO 80513
5 bd3 ba 4273 sqft
Zestimate: $628,537
2/5/2018
5/17/2019
Listed for sale $675,000
Pending sale $630,000 --
Time on Zillow 179 days (Current).
$138 Keller Williams 1st Realty Associates
$138 Keller Williams 1st Realty Associates
+56.9% $138 Keller Williams 1st Realty
Builder ST Aubyn
3302 Tranquility Ct
Berthoud, CO 80513
5 beds 4 baths 4,552 sqft
+ Massive 30x60 Hobby Shop.
sold on 03/12/19 - $705,000
3416 Memory Ln
Berthoud, CO 80513
5 beds 3 baths 4,042 sqft
Sold on 06/25/18 - SOLD: $505,000
3105 Megan Way
Berthoud, Co 80513
4 beds 3 baths 5,530 sqft
Sold on 04/11/18- SOLD: $505,000
Current Zestirnate®: $653,343
18265 Wagon Tri
Mead, Co 80542
3 beds 3 baths 4,050 sqft
Sold on 10/02/18 SOLD: $570,000
27570 Hopi Trl
Loveland, CO 80534
3 beds 3 baths 4,318 sqft
a
;
F 5_
•
6,2019 Gpogle Map data e2019
'�' Street ,few
July 25, 2019
Petitioner:
HOPP JEFFREY D
3314 TRANQUILITY WAY
BERTHOUD, CO 80513-8125
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldqov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2019-3085, AS0103 Appeal 2008224762 Hearing 7/30/2019 3:00 PM
Account(s) Appealed:
R1884902
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 30, 2019, at or about the hour of 3:00
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
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Assessor
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