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HomeMy WebLinkAbout20172186.tiffAugust 17, 2017 CLERK TO THE BOARD PHONE (970) 336-7215, EXT 4226 FAX (970) 352-0242 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 TREXLER STEVEN HARDING SUPPORT TRUST 344 PIONEER WAY BRIGHTON, CO 80603-5756 Account No.: R7553099 Dear Petitioner(s): Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the above Account number. Please be informed that a withdrawn petition precludes any further challenge to the valuation of the above Account number for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor 2017-2186 AS0097 From: To: Subject: Date: Attachments: weld-cboe@weldgov.cem CTB-County Board of Equalization Board of Equalization Appeal Submitted Wednesday, July 5, 2017 2:23:16 PM 344 Pioneer Way Property Tax Valuationl.xlsx WeldCoEqualizatonLtrO7-5-17.doc Appeal Submitted: 02:23 PM on Wednesday July 5, 2017 Contact Information Supplied: • Contact Name: Steven H Trexler • Contact Email: strexler50@msn.com • Contact Phone: (303) 835 - 2771 • Email Preference: Contact through email Property: R7553099 - 344 PIONEER WAY , BRIGHTON Legal: BRI 3 JR L51 JACOBS S RUN 3RD Estimated Value: 389,840 Reason: Comparative valuation analysis of properties in same subdivision. Documents 1.) 344 Pioneer Way Property Tax Valuation 1 .xlsx 2.) eldCoEqualizatonLtr07-5-17.doc You have selected the following Date Preferences: July 27, 2017, at 9:00 a.m. - 10:30 a.m. July 27, 2017, at 1:30 p.m. - 2:30 p.m. July 26, 2017, at 1:30 p.m. - 3:00 p.m. July 31, 2017, at 1:30 p.m. - 3:00 p.m. NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N -17th Ave Greeley, CO 80631 Date of Notice: 6/30/2017 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8;OOAM — 5:00Pfv, ACCOUNT TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R7553099 2017 2032 BFI .344 BRIGHTON 3iFt PIONEER L51 I JACOBS '!'fir' CO RUN 3RD PROPERTY Y OWNER TREXLER STEVEN H 3,44 BRIGHTON, PIONEER WAY CO 80603-5756 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION. ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW PESIDENTLAL 515.421 466,682 TOTAL $515,421 $466$82 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: ALO The actual valuation of your property has been adjusted based on new information. This may be information you have supplied. corrections of characteristics or additional sales. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing real property appeals is July 15. The Assessor establishes property values. The local taxing authorities (county, school district., city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority projected ._. g-p'arequired adequately fund is based on a budget and the property tax revenue to the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities. Please refer to the reverse side of thisnotice for additional information. Agent (If Applicable): 16-DPTAR. PR 207-081113 87563099 APPEAL PROCEDURES County Board of Equalization Hearings will be held from July 20 through August 4th at 1150 0 Street.. To appeal the Assessors decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to: Weld County Board of Equalization 1150 0 Street., Pr . Box 758 Greeley, CO 80631 T&ephone; (970) 356=4000 ext, 4225 Online: http:/, ' � ,coz r1d1rcn.us'apps, cbne ' To preserve your appeal rights, your Petition to the County Board of Equalization must be. postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeaL therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), C.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish tocontinue your appeal, you must appeal within 30 days of the date of the County Board"s written decision to ONE of the following ° Board of Assessment_Appeals District Court 1313 Sherman Street, Room 315 Contact the District Court in the County Denver, CO 80203 where the property is located. See your (303) 866-5880 local telephone book for the address and w r_dola.co,bradoJgov/ b„aa telephone number. Binding Arbitration For a Gloat of arbitrators,, contact the County Commissioners at the address listed for the County Board of Equalization, If the date for filing any report, schedule. calm, tax return, statement, remittance? or other document fails upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39a1120(3, C.R.S. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30. 2016? (Your opinion of value in terms at a specific dollar amount is required for real property pursuant to . 3-9-8-106(1,5)0 C. E . ) 31.' Yo What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e.? comparable sales, rent roll, original installed cost, appr is I, etc.) 40. es-attaisistimALel_. • ATTESTATION I. the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on any attachments hereto are true and complete. c_jotteeigrem, `-" La - 3C4P71 Signature 01-tTgIci ier So isi-r Al SA Email Address - - Telephone Number Date rte, I Attach letter of authorization signed by property owner 7/5/0 16 -OPT -AR PR 207-08/13 87553099 STEVEN H. TREXLER 344 PIONEER WAY BRIGHTON, CO 80603 July 5, 2017 Weld County Board of Equalization 1150 O Street. P.O. Box 758 Greeley, CO 80631 SUBJECT: 2017 PROPERTY TAX APPEAL ACCT #R7553099 BRI 3JR L51 JACOBS RUN 3RD Dear Board: Upon receiving the "Notice of Determination" from the Weld County Assessor's Office and evaluating the latest valuation on the above property, I have decided to file an Appeal with your office. Apparently, their office gave little or no consideration to any of the comparative analysis that I submitted with my original protest. The "Determination" I received was nothing more than a revised valuation that reflected nothing with regards to the effect on next year's property tax amount; nor, and more importantly, included nothing with regards to how the revised valuation was determined. That said, I feel compelled to appeal my case to a higher authority. When I filed the original protest of property tax evaluation in May I went to a considerable amount of time and effort analyzing and comparing of properties in my subdivision. What I discovered was is that there is apparently no correlation between the valuations of any of the 27 properties that I sampled. With one exception, all of the properties are 2 acres in size. All of the properties have a custom built home of varying size. Some of the properties, however, include large detached garages, barns, or outbuildings while others don't have this feature. For that reason, I created two valuation samples: 1) "Similar Properties" which included single story ranch style homes without a detached outbuilding — Sample size 17; and 2) Dissimilar Properties" which included two multi -story style homes, but all with a detached outbuilding — Sample size 10. The finished square footage for the "Similar Properties" varied from 2,223 to 5,236 sqft, with an average of 3,230 sqft; while the finished square footage for the "Dissimilar Properties" varied from 1,969 to 7,277 sqft, with an average of 3,954 sqft. I used "square feet" as a comparison metric in order to be able to aptly compare the valuations between different properties with homes of varying square footage. Furthermore, I used "finished" square feet as a comparison metric because it's only logical to assume that "finished" area is going to be more valuable than "unfinished" area. i.e. Why would a home with an "unfinished" basement be more valuable than one with a "finished" basement? "Unfinished" area isn't actually "living space"; it's "storage" space which is simply not as valuable, comparatively speaking. Needless to say, when I completed this analysis which has been summarized below and documented in Exhibits A and B, I discovered a vast difference between the "per square footage" values of the properties sampled. In short, I feel there are a lot of taxpayers in my subdivision who are paying tax in excess of the average valuation "per square foot"; while others who are paying tax that is well below the average. Based on my findings, there is simply no consistency between the sample of properties that I've scrutinized and for that reason I want my property valuation reconsidered and I do so for the following reasons: 1. MY HOME IS BEING VALUED AS THOUGH IT HAD A FULLY FINISHED BASEMENT First and foremost, it appears that my property is being valued as though I have 5,238 sqft of finished floor space like a number of my neighbors. Yes, my home does contain this amount of square footage, but half of that is in the basement which is totally unfinished and used only for storage. This was a discrepancy I noted when comparing my property with others in my neighborhood using Zillow.com data. I have since edited the Zillow database to reflect this fact. In fact, my home only has 2,617 sqft of finished floor space. Furthermore, when I compared the valuation data from the Weld Co website for similar one-story properties with no detached garages this discrepancy was quite noticeable. ADDRESS TOTAL FINISHED 2016 2017 SQ FT SQ FT VALUATION VALUATION 344 Pioneer Way 15355 Overland Trail 15401 Arrowhead Dr 15 044 Overland Trail 5,234 2,617 $ 414,134 $ 515,421 5,236 5,236 $ 407,278 $ 541,135 5,238 2,619 $ 394,721 $ 443,151 5494 1747 $ 381,629 $ 444,168 All of these homes are sitting on lots that are approximately 2 acres in size and have total square footage of approximately 5,200 sqft. The homes located at 15401 Arrowhead Drive and 15044 Overland Trail, however, only have approximately 2,600 sqft of finished floor space and they carry a 2017 valuation that is significantly less than my home located at 344 Pioneer Way. i.e $443K and $444K, respectively, versus $515K. By the same token, the home located at 15355 Overland Trail, which has a fully finished basement, carries a valuation of S541K K compared to my home with no finished basement that's valued at $515K. These are just a sample of the comparison discrepancies that I noted. If you look at the other similar properties per my attached Exhibit A, you will note a pattern of my home being closer in valuation to those homes with finished basements, than those homes without finished basements. In my opinion, this is a problem that needs to be rectified, not only in the 2017 valuation of 344 Pioneer Way, but the prior year valuations as well because I feel that an abatement on past real estate taxes is in order. 2. MY HOME IS BEING VALUED ON PAR WITH THE LARGEST HOME IN JACOBS RUN ADDRESS TOTAL FINISHED 2016 2017 2016 2017 SQ FT SQ FT VALUATION VALUATION TAX TAX 344 Pioneer Way 5,234 2.617 S 414.134 515,421 $ 2,957 $ 3,356 15357 Wagon Wheel Dr 7,277 7,277 608.748 727,516 4,381 4,736 Percentage Difference 36.0% 68.0% 70.5% 67.5% 70.9% 344 Pioneer Way 15357 Wagon Wheel Drive The home located at 15357 Wagon Wheel Drive is by far the largest and nicest home in the Jacobs Run subdivision. A detailed description with pictures of this home can be found at the following link: https;l/www.zillow.com/homedetails/ 153 5 7- Wagon -Wheel -Dr -F ri ghton-CO-80603 /14093515zpid/ As you can see fro u the picture above, this is a large 2 -story home on 2 acres of land with a 984 sqft detached shop/workroom/greenhouse. There is 7,277 sqft of total finished floor space in the main house which includes a fully finished basement. This is a custom luxury home with a new home theater, master suite retreat with fireplace, sitting area and Jacuzzi tub; gourmet kitchen, wine cellar, gymnasium, basketball court, and built-in hot -tub. By the same token, my home is a modest one-story structure on 2 acres of land with a total of 5,238 sqft. Of this total, there is only 2,617 sqft of finished floor space on the main level; and 2,617 sqft of unfinished floor space in the basement. The lot also contains a very small 360 sqft horse shed. A detailed description with pictures of this home can be found at the following link: http s : //www,porchlightgroup,com/brighton-real-estate/344-pioneer-way-1158578/ Although not even close to being comparable in both size and home quality, my home has a substantially greater 2017 valuation and property tax assessment per square foot than the larger home. As can be seen from the analysis on Exhibit B, my property has assessed value and tax metrics per finished square foot of $197 and $1.28, respectively. In the case of the larger home, however, these same assessed value and tax metrics are only $100 and $0.65 per finished square foot, respectively. As for total assessed value and tax, my home is being assessed 71% of the tax of the larger home, yet has only 36% of the finished floor space. N eedless to say, and with little argument, there is simply no way the Assessor's office can justify and support the major disparity in the 2017 valuation and tax assessments that are being made against my property. To even attempt to make such an argument would be undeniably illogical given the data being supplied by your own office. 3. MY HOME IS BEING ASSESSED IN VALUE/TAX AT A RATE PER FINISHED SQFT THAT IS SUBSTANTIALLY GREATER THAN THE AVERAGE OF MY NEIGHBORS In Exhibits A and B, I have prepared an analyses reflecting two samples of properties in the Jacobs Run subdivision. i.e. Similar and dissimilar. For both of these samples I have computed the following four metrics to use for comparison purposes for years 2016 and 2017: 1) Percentage change in assessed value; 2) Percentage change in assessed tax; 3) Assessed value per finished square foot; and 4) Assessed tax per finished square foot. In the latter two metrics I have used assessed value/tax per "finished square feet" because this is a data point that all of these properties have in common. i.e. A common denominator. I have also highlighted those properties that are above the averages for these four metrics. In completing this analysis I have noted a number of discrepancies, some of which are as follows: • First and foremost for 2017, my property at 344 Pioneer Way has an assessed value and tax per finished square foot of $197 and $1.28, respectively. This is 32% above the averages of $149 and $.97, respectively, per finished square foot of floor space. • As can also be seen from Exhibit B, these same two metrics reflect a very wide disparity within the 27 properties compared. The 2017 assessed value per square foot ranged from S100 to S221; while the assessed tax per square foot ranged from $0.65 to $1.60. Ironically, the property with the lowest 2017 valuation and tax per square foot was 15357 Wagon Wheel Drive, which is by far the largest and nicest home in the Jacobs Run subdivision. Why is this??? To a property owner with a very modest home in this subdivision, how can the Assessor's office justify not only the difference between my property and this, but also the disparity in assessments in general between all of these properties? • As can be seen in Exhibit A, there is also a huge disparity in the percentage increases of 2017 assessed property values as well. These percentage increases range all the way from 12.27% to as much as 43.4%. There simply appears to be no consistency whatsoever in the changes of these valuations from property to property. I don't know what methodology the Assessor's office is using to compute these assessments, but I have serious doubts that it can adequately justify and support such a wide disparity in assessments even within the sample of the 17 similar properties. Of the 27 total properties compared in the sample, 15 reflect percentage increases in assessed property value over and above the average. • As can also be seen in Exhibit A, there is a wide disparity in the percentage increases of 2017 assessed taxes. These percentage increases range from as low as 1.55% to as high as 29.75%. And again, there are 15 properties that reflect percentage increases in assessed tax over and above the average for the total sample size of 27. • My home is not the only one in the two groups sampled that appear to have excessive 2017 valuation and tax assessments on their properties. Overall, an additional 14 of the 27 properties in the two samples have assessments that are over and above the average assessments. CONCLUSION: On the basis of this review, I emphatically disagree with the Assessor's office assessment of my 2017 property valuation and tax as well as the reassessed valuation. Based on what I've seen to date, there appears to be no rhyme or reason as to where these valuations are corning from. It's almost like they've been pulled out of thin air. The numbers I'm looking at for the current 27 property sample are simply not consistent with anything. Where are these numbers coming from and why are they being used? More importantly, why is my property being over -assessed in relation to the other properties that I've compared with? Are larger properties being given some kind of discount for being bigger? I don't know, but I feel some explanations are in order. For sake of argument, I continue to offer the following methodology as a settlement vehicle for the valuation of my property: PROPOSED 2017 ASSESSED VALUE AND TAX 344 Pioneer Way Finished Sq Ft 2617 2617 Average Value/Tax Per Finished Sq Ft * $ 149 $ 0.97 Revised/Proposed 2017 Property Value $ 389,840 $ 2,538 * Avg property value/tax per finished Sq Ft for similar properties in Jacobs Run subdivision Although as I pointed out above, I don't particularly agree with the above "averages" for similar properties because I feel the underlying data may be flawed, as a matter of administrative convenience I would consent to using these factors to resolve this issue. That said, if your office wishes to provide a more sound and logical methodology for revising my 2017 assessments, and this methodology doesn't result in a materially different number than what I'm proposing, then I would be agreeable to using that convention in lieu of the above computation. Respectfully yours, I NS imertivi� Steven Trexler, CPA Colorado License #12212 EXHIBIT A ADDRESS TOTAL FINISHED SQ► 2016 2017 VALUATION CHANGE PRIOR CURRENT TAX CHANGE SQ► FT FT VALUATION VALUATION CHANGE ($) % TAX ($) TAX ($) CHANGE % 1$) ($1 f i REASON FOR DISSIMILARITY SIMILAR PROPERTIES: (1) 344 Pioneer Way 5,234 15401 Arrowhead Dr 5,238 220 Pioneer Way 4,644 171 Pioneer Way 4,000 303 Pioneer Way 4,013 15394 Wagon Wheel Dr 3,582 15358 Wagon Wheel Dr 5,670 15315 Wagon Wheel Dr 4,371 15266 Wagon Wheel Dr 4,036 15011 Overland Trail 4,704 15024 Overland Trail 4,988 15044 Overland Trail 5,494 15064 Overland Trail 3,256 15073 Overland Trail 3,380 15194 Overland Trail 4,433 15246 Overland. Trail 4,684 15355 Overland Trail 5,236 2,617 $ 2,619 2,322 4,000 4,013 3,582 2,850 4,371 2,018 2,352 4,988 2,747 3,256 3,380 2,223 2,342 5,236 414,134 $ 394,721 349,896 360,776 364,196 409,709 412,483 404,778 358,322 370,909 422,431 381,629 339,382 356,984 344,962 380,530 407,278 515,421 $ 443,151 501,752 471,826 486,985 492,581 502,730 520,798 426,104 475,604 535,642 444,168 433,929 437,939 491,247 459,515 541,135 101,287 48,430 151,856 111,050 122,789 82,872 90,247 116,020 67,782 104,695 113,211 62,539 94,547 80,955 146,285 78,985 133,857 TOTALS AVG VALUE/TAX PER FINISHED SQ FT DISSIMILAR PROPERTIES: (2) 3,988 7,277 6,692 4,244 4,294 4,216 5,026 5,824 3,938 4,388 15356 Overland Trl 15357 Wagon Wheel Dr 15281 Wagon Wheel Dr 15023 Overland Trail 15043 Overland Trail 15084 Overland Trail 122 Pioneer Way 152 Pioneer Way 182 Pioneer Way 191 Pioneer Way TOTALS 54,916 3,230 $ 6,473,120 118 8,180,527 149 3,988 $ 7,277 4,692 2,122 2,147 2,108 5,026 5,824 1,969 4,388 477,216 $ 608,748 589,627 359,458 377,550 380,866 493,379 454,608 392,952 403,149 637,217 727,516 670,362 437,307 466,139 472,913 616,820 581,257 483,885 505,793 1,707,407 160,001 118,768 80,735 77,849 88,589 92,047 123,441 126,649 90,933 102,644 3'9,541 AVG VALUE/TAX PER FINISHED SQ FT 3,954 4,537,553 115 5,599,209 142 FOOTNOTES: (1) Single story ranch home with basement and no detached garage or materially large outbuilding. (2) Multiple story home with basement and large detached garage or outbuilding. 1,061,656 24.46% $ 12.27% 43.40% 30.78% 33.72% 20.23% 21.88% 28.66% 18.92% 28.23% 26.80% 16.39% 27.86% 22.68% 42.41% 20.76% 32.87% 26.4% 33.53% 19.51% 13.69% 21.66% 23.46% 24.17% 25.02% 27.86% 23.14% 25.46% 23.40% 2,957 $ 2,841 2,518 2,596 2,621 2,949 2,968 2,913 2,579 2,669 3,040 2,746 2,442 2,569 2,482 2,739 2,931 3,356 $ 2,885 3,267 3,072 3,170 3,207 3,273 3,391 2,774 3,096 3,487 2,892 2,825 2,851 3,198 2,992 3,523 399 44 749 476 549 258 305 478 195 427 447 146 383 282. 716 253 592 $ 46,560 $ 0.85 53,259 0.97 $ 3,435 $ 4,381 4,243 2,587 2,717 2,741 3,551 3,271 2,827 2,902 4,148 $ 4,736 4,364 2,847 3,035 3,079 4,016 3,784 3,150 3,293 6,699 13.49% 1.55% 29.75%© 18.34% 20.95% 8.75% 10.28% 16.41% 7.56% 16.00% 14.70% 5.32% 15.68% 10.98% 28.85% 9.24% 20.20% 14.39% 713 20.76% Double lot w1 large barn 355 8.10% 2 Story house and outbuilding 121 2.85% 2 Story house and gargage 260 10.05% Large detached garage or bldg 318 11.70% Large detached garage or bldg 338 12.33% Large detached garage or bldg 465 13.09% Large detached garage or bldg 513 15.68% Large detached garage or bldg 323 11.43% Large detached garage or bldg 391 13.47% Large detached garage or bldg $ $ 32,655 0.83 $ 36,452 0.92 3,797 11.63% EXHI : IT B i ADDRESS PROPERTY VALUE PER PROPERTY TAX PER FINISHED SQ FT FINISHED SQ FT SIMILAR PROPERTIES: ( 1) 3344 Pioneer Way 15401 Arrowhead Dr 220 Pioneer Way 171 Pioneer Way 303 Pioneer Way 15394 Wagon Wheel Dr 15358 Wagon Wheel Dr 15315 Wagon Wheel Dr 15266 Wagon Wheel Dr 15011 Overland Trail 15024 Overland Trail 15044 Overland Trail 15064 Overland Trail 15073 Overland Trail 15194 Overland Trail 15246 Overland Trail 15355 Overland Trail AVG VALUE/TAX PER FINISHED SQ FT (3) DISSIMILAR PROPERTIES: (2) 15356 Overland Trl 15357 Wagon Wheel Dr 15281 Wagon Wheel Dr 15 023 Overland Trail 15 043 Overland Trail 15 084 Overland Trail 122 Pioneer Way 152 Pioneer Way 182 Pioneer Way 191 Pioneer Way AVG VALUE/TA( PER FINISHED SQ FT (3) (► PER SQ FT) (:$ PER SQ FT) 2016 2017 2016 2017 S 151. 197 169 216 1.13 $ 1.08 1.08 1.28 1.10 1.41 90 91 111 118 121 138 0.65 0.65 0.82 0.77 0.79 0.90 115 176 1.04 1.15 93 119 0.67 0.78 178 158 211 202 1.28 1.13 1.37 1.32 85 107 0.61 0.70 139 162 1.00 1.05 104 106 133 130 0.75 0.76 0.87 0.84 155 162 1) 1 196 1.12 1.17 1.44 1.28 78 103 0.56 0.67 118 S 149 $ 0.85 $ 0.97 120 S 160 `9 0.8 6 t 1.04 84 100 0.60 0.65 126 169 176 181 143 206 217 224 0.90 1.22 1.27 1.30 0.93 1.34 1.41 1.46 98 78 123 100 0.71 0.56 0.80 0.65 200 246 1.44 1.60 92 115 0.66 0.75 $ 115 S 147 S 0.83 5 0.92 Properties with materially overstated assessed values and taxes Properties with understated assessed values and taxes Average assessed value/tax per finished square foot FOOTNOTES: (1) Single story ranch home with basement and no detached garage or materially large outbuilding. (2) Multiple story home with basement and large detached garage or outbuilding. (3) Averages computed per Exhibit A ADDRESS TOTAL FINISHED 2016 2017 SQ FT SQ FT VALUATION VALUATION 344 Pioneer Way 15355 Overland Trail 15401 Arrowhead Dr 15044 Overland Trail ADDRESS 5,234 2,617 $ 414,134 $ 515,421 5,236 5,238 5,494 TOTAL SQ FT 5,236 $ 2,619 2,747 S FINISHED SQ FT 407,278 $ 394,721 $ 381,629 541.135 443,151 444,168 2016 2017 VALUATION VALUATION 2016 TAX 344 Pioneer Way 15357 \\7agon Wheel Dr Percentage Difference 5,234 7,277 2,617 S 7177 414,134 $ 515,421 608,748 727,516 S 2,957 4,381 36.0% 68.0% 70.8% 67.5% PROPOSED 2017 ASSESSED VALUE AND TAX 344 Pioneer Way Finished Sq Ft Average Value/Tax Per Finished Sq Ft Revised/Proposed 2017 Property Value 2617 149 $ 2617 0.97 $ 389,840 $ 2,538 * Avg property value/tax per finished Sq Ft for similar properties in Jacobs Run subdivision 2017 TAX $ 3,356 4,736 70.9% Hello