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HomeMy WebLinkAbout20193102.tiffAugust 2, 2019 Petitioner: DHALIWAL JASWANT S 3430 GREYSTONE CT FORT COLLINS, CO 80525-6102 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 2019-3102 Appeal 2008224781 Hearing 8/1/2019 1:30 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 R2885886 Adjust - Denied in Part $378,000 $324,000 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 d Otc1-3104D 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 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor 403 12th Avenue R2885886 Value Value Taxes Taxes Change 2013-2019 Year Tax Year Prior Yee Change Current 1 Prior Yee Change Value Taxes 2013 2014 2015 2016 2017 2018 2019 150000 150000 172972 172972 259200 259200 378000 324000 157018 150000 150000 172972 172972 259200 259200 -4.47% 0.00% 15.31% 0.00% 49.85% 0.00% 45.83% 25.00% 917 960 -4.48% 917 917 0.00% 1040 902 15.30% 1040 1040 0.00% 1381 1018 35.66% 1554 1554 0.00% 2254 1545 45.89% 152.00% 134.79% te w 9031 /ifrtt cepv9p, r re -M, oad ocati fixtfro !9 -GL ID4A-W 1-sci _ t 165-14-9-7 'titre Ark a 116,6 -DP (700) 12711”b V.511 i9a4 0131 / ry, 2flov (Ws) MS76a 37 8 Ccv 33z -y, lig vs /91/4 • aqs^y8F (1,1, /Q) O16 /i1/44 *.er 7f rld q 335, 8'rr7 Cat,' a ro MeV iwrrik .2p6 yg,o-L, 4/8)'?994 Brenda Dones, Weld County Assessor Valuation Report Of Residential Improved Property For County Board of Equalization DHALIWAL JASWANT S Petitioner vs. Weld County Assessor's Office Respondent Docket Number: Parcel Number: Schedule Number: Appeal Number: Date: Time: 2019-3102 096106123014 R2885886 2008224781 2019-08-01 1:30 PM Board: 1 Prepared By Luis A Munoz Assessor's Office Residential Appraiser Assessor's Indicated Value RESIDENTIAL $378,000 TOTAL: 378,000 Page 1 of 6 Subject Photo General Description and Market Summary Subject Site and Improvements The subject property is located at 403 12TH AVE in GREELEY. The legal description of the property is GR 4465 N72' E100' L1BLK13. The subject is a Frame Hardboard Fourplex constructed in 1980. It has 1588 square feet of finished living area above grade. There are 8.00 bedrooms and 4.00 bathrooms. The Assessor has classified the structure as a Residence Apartment. 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 $378,000 TOTAL: $378,000 Page 3of6 Comparable 1 Comparable 2 Comparable 3 Page 4 of 6 vOMPARABLEi 139 3 H A'VE, GF,EELEY nriTTTI PARABLE,2 -•244C'W 1111 ST,.GREELEY Page 5 of OM PARE I 2421 W 121 ST, GREELE4 !IJIIMIIII imi111Ia� SUBJECT 403 12TH AW, G EELEY ;1111111 ■1111 111111!1 WELD COUNTY ASSESSOR'S Sales Corn parables Market Adjustment Grid Subject Sale Date 08/02/1994 Sale Price $116,000 TmAdj Sale Price $0 Parcel Number 096106123014 Account Number R2885886 Street Address 403 12TH AVE TOTALIMPSF TOTALLANDSF NBHDANDEXT OCCUPANCY Year Built Total Unit Count Bedrooms Baths SciFtf Unit 1588 7.200.000000 6037 - 00 Apartment w/4-8 Un 1980.000000 4.000000 8.000000 4.000000 794 Final Market Value $/SgFt $ / Unit $378,000.00 $119 $94,500 Comp# 1 04/30/2018 425000.00 425000.00 095912105029 R2135586 W 2424 11TH ST 1450.000000 11155.000000 6034 - 00 Apartment w/4-8 Units 1964.000000 4.000000 8.000000 4.000000 725 Sales Price Adj $1SgFt Adj $/Unit $425,000.00 $147 $108,250 Comp# 2 04/13/2018 425000.00 425000.00 095912105031 R2135786 W 2440 11TH ST 1450.000000 8970.000000 6034 - 00 Apartment w/4-8 Units 1964.000000 4.000000 8.000000 4.000000 725 Sales Price Adj $1 SgFt Adj $/Unit $425,000.00 $147 $106,250 Comp# 3 08/21/2017 420100.00 420100.00 095902419027 R1909186 739 37TH AVE 3998.000000 9999.982080 2111 - 03 Apartment w/4-8 Units 1971.000000 4.000000 8.000000 8.000000 999 -24,000 Sales Price Adj $/SgFt Adj $1 Unit $396,100.00 $-100 $99.025 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: Jaswant Dhaliwal Contact Email: j.dhaliwal@msn.com Contact Phone: 970-371-9922 Appeal Submitted: 12:43 PM July 15, 2019 Appeal submitted for: R2885886 - DHALIWAL JASWANT S 403 12TH AVE, GREELEY Legal: GR 4465 N72 E100 L1BLK13 BLK 13 Reason: Value Too High - That is the offer price that we got from a buyer&gt; Estimate of Value: $260,000.00 Document(s) Submitted: Account: R2885886 - R2885886 INITIAL PROTEST.pdf You have selected the following Date Preferences: (<1-hursday, 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. Tuesday, 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. Thursday, July 25, 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. 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 2019-3102 4,50/03 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: Jaswant Dhaliwal Contact Email: j.dhaliwal@msn.com Contact Phone: 970-371-9922 Appeal Submitted: 10:24 AM June 03, 2019 Appeal submitted for: R2885886 - DHALIWAL JASWANT S 403 12TH AVE, GREELEY Legal: GR 4465 N72 E100 L1BLK13 BLK 13 Reason: Value Too High - That is the offer price that we got from a buyer&gt; Estimate of Value: $260,000.00 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 July 26, 2019 Petitioner: DHALIWAL JASWANT S 3430 GREYSTONE CT FORT COLLINS, CO 80525-6102 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 2019-3102, AS0103 Appeal 2008224781 Hearing 8/1/2019 1:30 PM Account(s) Appealed: R2885886 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 1, 2019, at or about the hour of 1:30 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 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 ofyourwritten 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 Danes, Assessor Hello