HomeMy WebLinkAbout20152348.tiff 1861, " CLERK TO THE BOARD
PHONE (970) 336-7215, EXT 4226
yrrgte FAX (970) 352-0242
WEBSITE: www.co.weld.co.us
27> 1150 O STREET
��� N T �, P.O. BOX 758
G U GREELEY CO 80632
September 1, 2015
COLFIN Al-CO 1 LLC
C/O CAH MANAGER
9305 E VIA DE VENTURA STE 201
SCOTTSDALE, AZ 85258-3423
RE: THE BOARD OF EQUALIZATION 2015, WELD COUNTY COLORADO
APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR
ACCOUNT NO.: R0483101
Dear Petitioner:
On July 30, 2015, 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 your request to approve and adopt a valuation of your property arrived at by a
Stipulation between you and the Weld County Assessor, for the year 2015.
The Board of Equalization found that the evidence presented at the hearing supported the
stipulated value placed upon the above-described property as set forth below. Such evidence
indicated the value was reasonable, equitable, and derived according to the methodologies,
percentages, figures and formulas dictated by law.
ACTUAL VALUE AS STIPULATED VALUE
DETERMINED BY ASSESSOR APPROVED BY BOARD
$171,115.00 $168,000.00
The above `Stipulated Value' is the value which will be used in the calculation of your property
taxes for 2015. This value is not appealable.
If you have questions concerning the above information, please call me at (970) 336-7215,
Ext. 4226.
Very truly yours, d t,4.1t/Let)Esther E. Gesick, Clerk to the Board
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
RYAN LLC
1000 S PINE ISLAND RD STE 330
PLANTATION, FL 33324-3910
2015-2348
AS0091
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R0483101
STIPULATION (As To Tax Year_2015_Actual Value) RECEIVED
RE PETITION OF : JUL 2 4 2015
NAME: CAH 2015-1 BORROWER LLC WELD COUNTY
ADDRESS: 9305 E VIA DE VENTURA STE 201 COMMISSIONERS
Scottsdale, AZ 85258-3423
Petitioner(s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2015 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:
4
1. The property subject to this Stipulation is described as:
4 LOT 32 BLK 7 HIGHPLAINS FG#3
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 2015:
Total $171,115.00
4. After further review and negotiation, Petitioner(s) and Weld County Assessor
agree to the following tax year 2015 actual value for the subject property:
Total $168,000.00
5. The valuation, as established above, shall be binding only with respect to tax
year 2015.
6. Brief narrative as to why the reduction was made:
Looked into sales, and property sold 01/14/2014 for$168,000.
7. Both parties agree that:
❑The hearing scheduled before the Board of Equalization on(Date)at
(Time) be vacated.
®A hearing has not yet been scheduled before the Board of Equalization.
R0483101 t 7/2,T 2015-2348
1
46Do*l
DATED this 21 day of July, 2015.
46V4 /94;) PE
Petitioner(s) or Agent or Attorney (Assistant) County Attorney for
Respondent, Weld County Board of
Commissioners
Address: Address:
500 E. Broward Blvd., Suite 1130 1150 "O" Street
Ft I aiiderdale, Fl 33313 P.O. Box 758
Greeley, CO 80632
Telephone: Telephone:(970) 336-7235
f
County Assessor — ,)-
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 353-3845 ext. 3697
Docket Number
Stip-1.Frm
R0483101
2
NOTI gg INATION
Christopher M. Woodruff JUL 1 6 2015 Date of Notice: 6/30/2015
Weld County Assessor Telephone: (970) 353-3845
1400 N 17"1 Ave WELD COUNTY Fax: (970)304-6433
Greeley, CO 80631 COMMISSIONERS Office Hours: 8:00AM—5:00PM
ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION!PHYSICAL LOCATION
R0483101 2015 0318 LOC 3HP L32 BLK17 HIGHPLAINS FG#3
W COLFIN Al-CO 1 LLC 872 PONDEROSA LN
C/O CAH MANAGER
LOCHBUIE,CO 000000000
0 9305 E VIA DE VENTURA STE 201
SCOTTSDALE,AZ 85258-3423
ct
O
IC
a
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
RESIDENTIAL 171,115 171,115
TOTAL $171,115 $171,115
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:
AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has
been denied due to comparison of other similar properties which sold during the 2013/2014 time
period.
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 is based on a projected budget and the property tax revenue required to adequately fund
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 this notice for additional information.
Agent(If Applicable):
RYAN LLC
1000 S PINE ISLAND RD STE 330
PLANTATION, FL 33324-3910
6000-0190
CC 0w. � ,7
A9ooc (
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 29 through August 5 at 1150 O Street.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below, and mail or deliver a copy of both sides of this form to:
Weld County Board of Equalization
1150 O Street, P.O. Box 758
Greeley, CO 80631
Telephone: (970) 356-4000 ext, 4225
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 to continue 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
www.dola.colorado.aov/baa telephone number.
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
if the date for filing any report, schedule, claim, tax return, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed
on the next business day, § 39-1-120(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2014? (Your opinion of value in terms of a
specificollcamount is required for real property pursuant to §39-8-106(1.5), C.R.S.)
$
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, appraisal,etc.)
:1Q-c oc.(rchh_2Oe 1p.L
I 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.
. — �71�,�/.l 7 5 /3
Signature Telephone Number Date
1�4b. Pe., (fii r .) C M/
Email Address
' Attach letter of authorization signed by property owner.
15-DPT-AR
PR 207-08/13
R0483101 8427912
Ryan.)®
Weld County Assessor
Hearing Information Submission
For
ColFin AI-CO 1 LLC
872 Ponderosa Ln
Parcel No.
147136019032
Current Market Value:
$171116
Taxpayer's Value:
$171116
Date Submitted:
7.9.15
By
Robert Peyton
Phone: 954.476.4265
RealQuest.com 8 - Report Page 1 of 4
Property Detail Report
For Property Located At: Coret.opic:
872 PONDEROSA LN, LOCHBUIE, CO 80603-7745 p i _.t R
roisloliol
Owner Information
Owner Name: COLFIN Al-CO 1 LLC
Mailing Address: 2450 BROADWAY#6TH,SANTA MONICA CA 90404-3570 C009
Vesting Codes: //
Location Information
Legal Description: LOC 3HP L32 BLK17 HIGHPLAINS FG#3
County: WELD,CO APN: R0483101
Census Tract/Block: 19.02/1 Alternate APN: 147136019032
Township-Range-Sect: 01-66-36 Subdivision: HIGHPLAINS FG#3
Legal Book/Page: Map Reference: /
Legal Lot: 32 Tract#:
Legal Block: 17 School District: 804920
Market Area: School District Name: WELD COUNTY S/D RE-3(J)
Neighbor Code: Munic/Township:
Owner Transfer Information
Recording/Sale Date: / Deed Type:
Sale Price: 1st Mtg Document#:
Document#:
Last Market Sale Information
Recording/Sale Date: 01/14/2014/01/14/2014 1st Mtg Amount/Type: /
Sale Price: $168,000 1st Mtg Int.Rate/Type: /
Sale Type: 1st Mtg Document#:
Document#: 3989861 2nd Mtg Amount/Type: /
Deed Type: WARRANTY DEED 2nd Mtg Int.Rate/Type: /
Transfer Document#: Price Per SqFt: $130.43
New Construction: Multi/Split Sale:
Title Company: FIDELITY NATIONAL TITLE
INSURA
Lender:
Seller Name: MARTINEZ RONNIE L&LISA C
Prior Sale Information
Prior Rec/Sale Date: 12/04/2008/12/03/2008 Prior Lender: PINNACLE MTG GRP INC
Prior Sale Price: $104,000 Prior 1st Mtg Amt/Type: $105,718/FHA
Prior Doc Number: 3592970 Prior 1st Mtg Rate/Type: /
Prior Deed Type: SPECIAL WARRANTY DEED
Property Characteristics
Gross Area: 1,558 Parking Type: ATTACHED GARAGE Construction:
Living Area: 1,288 Garage Area: 270 Heat Type: FORCED AIR
Tot Adj Area: 1,288 Garage Capacity: Exterior wall: FRAME HARDBOARD
Above Grade: 1,288 Parking Spaces: Porch Type: PORCH
Total Rooms: Basement Area: Patio Type:
Bedrooms: 3 Finish Bsmnt Area: Pool:
Bath(F/H): 1/ Basement Type: Air Cond:
Year Built/Eff: 2005/ Roof Type: Style:
Fireplace: / Foundation: Quality:
#of Stories: 2.00 Roof Material: COMPOSITION Condition:
SHINGLE
Other Improvements:
Site Information
Zoning: Acres: 0.17 County Use: RESIDENTIAL(0001)
Lot Area: 7,553 Lot Width/Depth: x State Use:
Land Use: SFR Res/Comm Units: / Water Type:
Site Influence: Sewer Type:
Tax Information
Total Value: $114,962 Assessed Year: 2014 Property Tax: $588.40
Land Value: $28,000 Improved%: 76% Tax Area: 0318
Improvement Value: $86,962 Tax Year: 2014 Tax Exemption:
Total Taxable Value:
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RealQuest.com® - Report Page 2 of 4
Comparable Sales Report It Corel_oc;ic_
For Property Located At u ,;St P . - r.
872 PONDEROSA LN, LOCHBUIE, CO 80603-7745
20 Comparable(s)Selected. Report Date: 05/19/2015
Search Criteria:
Maximum Number Of Comparables On Report 20
Sort Method Distance From Subject(ascending)
Distance From Subject(miles) 0.5
Months Range Between 07/2013-06/2014
Living Area Difference(%) 20
Land Use SFR
Summary Statistics:
Subject Low High Average
Sale Price $168,000 $160,000 $220,000 $184,595
Bldg/Living Area 1,288 1,218 1,540 1,432
Price/Sgft $130.43 $112.01 $144.09 $129.17
Year Built 2005 2004 2010 2006
Lot Area 7,553 5,366 9,095 7,030
Bedrooms 3 2 4 3
Bathrooms/Restrooms 1 1 3 2
Stories 2.00 1.00 2.00 1.60
Total Value $114,962 $114,555 $136,163 $125,874
Distance From Subject 0.00 0.04 0.26 0.12
'=user supplied for search only
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RealQuest.com® - Report Page 3 of 4
Records 1 -20
# Address Sale Price Sale Date Sale Type Deed Type Subdiv Stories Yr Blt Bed Baths/Restroonts(Total) Bid/Lly Lot Area Pool Site Intl Dist
Subj 872 PONDEROSA LN $168.000 01/14/2014 WARRANTY DEED HIGHPLAINS FG#3 2.00 2005 3 1.00 1.288 7,553 0.0
1 872 PONDEROSA LN $168,000 01/14/2014 WARRANTY DEED HIGHPLAINS FOSS 2.00 2005 3 1.00 1.288 7,553 0.0
2 843 PONDEROSA LN $195.000 05/09/2014 WARRANTY DEED HIGHPLAINS FG#3 2.00 2005 3 3.00 1.388 6.152 0.04
3 211 STAGECOACH LN $167 500 09/26/2013 WARRANTY DEED HIGHPLAINS FO#3 2.00 2005 3 1.00 1.288 6.064 0.05
4 864 STAGECOACH DR $179 500 09/04/2013 WARRANTY DEED HIGHPLAINS FO#3 2.00 2005 4 200 1.540 8,787 0.05
5 888 STAGECOACH DR $172.500 04/10/2014 WARRANTY DEED HIGHPLAINS FO#3 2.00 2005 4 2.00 1.540 6,482 0.06
6 862 SUNRISE DR $215.000 05/13/2014 WARRANTY DEED HIGHPLAINS FG#3 1.00 2010 3 2.00 1.535 6,100 0.06
7 822 PONDEROSA LN $205.000 06/13/2014 WARRANTY DEED HIGHPLAINS FG#3 2.00 2005 4 2.00 1.540 9.095 0.06
8 848 STAGECOACH DR $169.900 11/07/2013 WARRANTY DEED HIGHPLAINS FG#3 2.00 2005 3 3.00 1.354 7.914 0.07
9 830 WILLOW DR $195,000 06/05/2014 WARRANTY DEED HIGHPLAINS FG#3 2.00 2005 4 2.00 1.540 5,366 0.08
10 219 SAGEBRUSH CT $185.000 01/30/2014 WARRANTY DEED HIGHPLAINS FG#3 1.00 2004 3 2.00 1 425 8,222 0.09
11 970 WILLOW DR $190.000 06/20/2013 WARRANTY DEED HIGHPLAINS FO#3 1.00 2007 2 2.00 1.425 8.631 0.11
12 853 SAGEBRUSH DR $182.000 08/15/2013 WARRANTY DEED HIGHPLAINS FO#3 1.00 2008 3 2.00 1,425 7.559 0.12
13 857 WILLOW OR $178 000 08/26/2013 WARRANTY DEED HIGHPLAINS FO#3 1.00 2006 3 2.00 1.425 6.014 0.12
14 804 WILLOW DR $178.500 08/07/2013 WARRANTY DEED HIGHPLAINS FG#3 2.00 2004 4 2.00 1,540 6.902 0.14
15 809 STAGECOACH DR $184.900 06/26/2013 WARRANTY DEED HIGHPLAINS FG#3 2.00 2004 4 2.00 1,540 6.073 0.15
16 884 WILLOW DR $179.000 11/27/2013 WARRANTY DEED HIGHPLAINS FG#3 1.00 2006 3 2.00 1,425 7.063 0.15
17 269 LONEWOLF DR $191.600 09/06/2013 WARRANTY DEED HIGHPLAINS FO#3 2.00 2008 3 3.00 1,372 7.015 0.19
18 851 LONEWOLF CIR $220.000 03/17/2014 WARRANTY DEED HIGHPLAINS FO#3 1.00 2010 3 2.00 1,535 6.000 0.23
19 808 LONEWOLF CIR $175,500 03/13/2014 WARRANTY DEED HIGHPLAINS FO#3 1.00 2009 3 1.00 1,218 7.601 0.26
20 57 MEADOWLARK CIR $160,000 05/01/2014 WARRANTY DEED HIGHPLAINS FO#3 2.00 2004 3 2.00 1,288 6.000 0.26
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RealQuest.com® - Report Page 4 of 4
Street Map Plus Report lit CoreLo,E:_
For Property Located At
872 PONDEROSA LN, LOCHBUIE, CO 80603-7745
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# Address Sale Price Year Built Bed Bath(F/H) Last Recording Living Area Distance
Subject Property
872 PONDEROSA LN $168,000 2005 3 1/ 01/14/2014 1,288 0.0
Comparables
1 872 PONDEROSA LN $168,000 2005 3 1/ 01/14/2014 1,288 0.0
2 843 PONDEROSA LN $195,000 2005 3 3/ 05/09/2014 1,388 0.04
3 211 STAGECOACH LN $167,500 2005 3 1/ 10/01/2013 1,288 0.05
4 864 STAGECOACH DR $179,500 2005 4 2/ 09/30/2013 1,540 0.05
5 888 STAGECOACH DR $172,500 2005 4 2/ 04/14/2014 1,540 0.06
6 862 SUNRISE DR $215,000 2010 3 2/ 06/09/2014 1,535 0.06
7 822 PONDEROSA LN $205,000 2005 4 2/ 06/26/2014 1,540 0.06
8 848 STAGECOACH DR $169,900 2005 3 3/ 11/08/2013 1,354 0.07
9 830 WILLOW DR $195,000 2005 4 2/ 06/06/2014 1,540 0.08
10 219 SAGEBRUSH CT $185,000 2004 3 2/ 02/04/2014 1,425 0.09
11 970 WILLOW DR $190,000 2007 2 2/ 07/10/2013 1,425 0.11
12 853 SAGEBRUSH DR $182,000 2008 3 2/ 08/19/2013 1,425 0.12
13 857 WILLOW DR $178,000 2006 3 2/ 08/27/2013 1,425 0.12
14 804 WILLOW DR $178,500 2004 4 2/ 08/07/2013 1,540 0.14
15 809 STAGECOACH DR $184,900 2004 4 2/ 07/01/2013 1,540 0.15
16 884 WILLOW DR $179,000 2006 3 2/ 12/04/2013 1,425 0.15
17 269 LONEWOLF DR $191,600 2008 3 3/ 09/13/2013 1.372 0.19
18 851 LONEWOLF CIR $220,000 2010 3 2/ 03/17/2014 1,535 0.23
19 808 LONEWOLF CIR $175,500 2009 3 1/ 03/14/2014 1.218 0.26
20 57 MEADOWLARK CIR $160,000 2004 3 2/ 05/06/2014 1.288 0.26
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Weld County Board of Equalization
1150 O Street, PO Box 758 -
Greeley, CO 80631
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