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HomeMy WebLinkAbout20172231.tiffAugust 9, 2017 Petitioner: 227 PARK AVE LLC 227 PARK AVE EATON, CO 80615-3510 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTICE OF DECISION Docket #: 2017-2231 Appeal #: 2008216810 Hearing Date: 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. Section 39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2017. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R0870886 Stipulated - Approved Stipulated Value $180,888 $153,000 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. Section 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, 2016, MUST comply with the following provisions of C.R.S. Section 39-8-107(5): (5)(a)(I) On and after August 10, 2011, 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 section 39-8-108(1) or a denial of an abatement of taxes pursuant to section 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. Section 39-8-108(1), the rules of Colorado appellate review and C.R.S. Section 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. Section 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, az;(iitie Esther E. Gesick, Clerk to the Board Weld County Board of County Commissioners and Board of Equalization Cc: Christopher Woodruff, Weld County Assessor COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R0870886. STIPULATION (As To Tax Year 2017 Actual Value) RE PETITION OF : R0870886 NAME: 227 PARK AVE LLC ADDRESS: 227 PARK AVE EATON CO 80615 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2017 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: ETN 14331 N2 L31 ALL L32 BLK3 WEST SIDE 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 2017: Total $180,888.00 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2017 actual value for the subject property: Total $153,000.00 5. The valuation, as established above, shall be binding only with respect to tax year 2017. 6. Brief narrative as to why the reduction was made: After correction of details on home per inspection on 07/18/2017 and further review of sales, an adjustment was made to reflect comparables. 7. Both parties agree that: The hearing scheduled before the Board of Equalization on (Date) at (Time) be vacated. NA hearing has not yet been scheduled before the Board of Equalization. R0870886 1 DATED this 19 day of July, 2017. Petitioner(s) or Agent or Attorney Address: /� /j 11- /r rA At? -C Telephone: ~-? c 7 F5 L V Docket Number Stip-1.Frm R0870886 (Assistant) "County Attorney f Respondent, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Thone:(970) 336-7235 CountyAsse' sor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 353-3845 ext. 3697 2 From: To: Subject: Date: Attachments: weld-cboe@weldgov.com CTB-County Board of Equalization Board of Equalization Appeal Submitted Thursday/ July 13/ 2017 11:30:59 AM 231 park.pdf 224 cheyenrie.pdf Appeal Submitted: 11:29 AM on Thursday July 13, 2017 Contact Information Supplied: • Contact Name: Kelly Stout • Contact Email: kelly@midwestrc.com • Contact Phone: (970) 454 - 0963 • Email Preference: Contact through email Property: R0870886 - 227 PARK AVE , EATON Legal: ETN 14331 N2 L31 ALL L32 MLK3 WEST SIDE Estimated Value: $ 125,404 Reason: Compared to surrounding property sales, the property next door sold for 95,000, and other properties on the same block sold for much less than my current valuation Documents 1.) 231_park..pdf 2.) 224_cheyenne.pdf You have selected the following Date Preferences: July 26, 2017, at 1:30 p.m. - 3:00 p.m. July 27, 2017, at 1:30 p.m. - 2:30 p.m. July 31, 2017, at 1:30 p.m. - 3:00 p.m. July 27, 2017, at 9:00 a.m. - 10:30 a.m. Property Report Page 1 of 2 Weld County PROPERTY PORTAL Account Information Property Information (970) 400-3650 Technical Support (970) 400-4357 Account: R0870786 July 13, 2017 Account Parcel Space Account Type Tax Year Buildings Actual Value Assessed Value R0870786 070736412001 Residential 2017 1 145,794 10,490 Legal ETN 14332 L33-34 BLK3 WEST SIDE Subdivision Block Lot Land Economic Area WEST SIDE ADD 3 33 EATON Property Address Property City Zip Section Township Range 231 PARK AVE EATON 36 07 66 Owner(s) Account Owner Name Address R0870786 FABRIZIUS JOHNNY T PO Box 248 AULT, CO 806100248 R0870786 FABRIZIUS SHERYL L Document History https://propertyreportco.weld.co.usfiaccount R0870786 7/13/2017 Property Report Page 2 of Reception Rec Date Type Grantor Grantee Dec Fee Sale Date ale Price 4032896 07-23-2014 DTHC STEVEN 111TH L SMITH LESLIE E 0.00 08-05-2012 4032897 07-23-2014 WDE SMITH MARJORIE D 1=r4►DF JOHNNY I II.a T 9.50 07-22-2014 95,000 81751 SUB SUBDIVISION WESTSIDE /ADD IDE 0.00 0 Copyright O 2017 Weld County, Colorado. All rights reserved. Privacy Policy & Disclaimer I Accessibility Information https://propertyreport.co.weld.co.us/account=' 0870786 7/13/2017 Property Report Page 1 of 2 Weld County PROPERTY PORTAL Account Information Property Information (970) 400-3650 Technical Support (970) 400-4357 Account: R0872086 July 13, 2017 Account Parcel space Account Type Tax Year Buildings Actual Value Assessed Value R0872086 070736412016 Residential 2017 1 150,816 10,850 Legal ETN 14318 L5-5 BLK3 WEST SIDE Subdivision Block Lot Land Economic Area WEST SIDE ADD 3 5 EATON Property Address Property City Zip Section Township Range 224 CHEYENNE AVE EATON 36 07 66 Owner(s) Account Owner Name Address R0872086 SOUTHERN EXPOSURE PROPERTIES 224 LLD C/O JENNIFER JOAN PETRICK & MIKE STERLING SHERWOOD PO BOX 2395 FORT COLLINS, CO 805222395 Document History https://propertyreport.ca.weld.co.us/?account=80872086 7/13/2017 Property Report Page 2 of Reception Rec Date Type Grantor Grantee Doc Fee Sale Date Sale Price 01894175 06-10-1982 WDN 0.00 01-01-2000 0 1648111 11-07-1974 OTH 0.00 11-07-1974 0 4157376 11-12-2015 WDE SLEEK HARLEM E PETRIK JENNIFER JOAN 13.00 11-06-20 5 130,000 4185828 03-04-2016 OGN PETRIK JENNIFER JOAN SOUTHERN E P PROPERTIES 224 LLC URE 0.00 02-29-2016 0 81751 SUB SUBDIVISION WESTSIDE ADD 0.00 0 Copyright o 2017 Weld County, Colorado. All rights reserved. Privacy Policy & Disclaimer I Accessibility Information https,llpropertyreport.co.weld.co.usr'` accotm' 0872086 7/13/2017 Hello