Loading...
HomeMy WebLinkAbout20152574.tiff '1/4 1861 / ,1 CLERK TO THE BOARD PHONE ( 970 ) 336-7215 , EXT 4226 FAX ( 970) 352-0242 WEBSITE : www . co . weld . co . us 1150 O STREET V � _ J P . O . BOX 758 G O-1J _Nr--TY ' GREELEY CO 80632 August 6 , 2015 CES PROPERTIES LLC 101 MILLER DR DACONO , CO 80514-9418 Account No . : R3725705 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s) : Based upon information furnished to the Weld County Board of Equalization , we understand that you have withdrawn the petition challenging the valuation of the above Account number. Please be informed that a withdrawn petition precludes any further challenge to the valuation of the above Account number for this assessment period .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 i;:e0.4:4Cfread Jd49 ;ok. Esther E . Gesick Clerk to the Board Weld County Board of County Commissioners cc : Christopher Woodruff, Assessor JOSEPH C SANSONE CO 18040 EDISON AVE STE 400 CHESTERFIELD , MO 63005-3702 2015-2574 AS0091 Rafaela Martinez From : Courtney Anaya Sent : Tuesday , July 21 , 2015 8 : 55 AM To : Esther Gesick ; Rafaela Martinez Subject : FW : Withdrawals More Withdrawals . Courtney Anaya Analyst Weld County Assessor's Office (970) 353-3845 ext. 3670 canaya@weldgov .com f: *trot- r Confidentiality Notice : This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication . Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited . „ ..,.Stet_ a,. ,,,,, ; _ From : Wade Melies Sent : Tuesday, July 21 , 2015 7 : 07 AM To : Courtney Anaya Cc : Noel Lawrence Subject: Withdrawals Some withdrawals . Wade From : David Johnson [mailto : djohnson ©jcsco . com] Sent : Monday, July 20, 2015 4 : 40 PM To : Wade Melies Subject: Withdrawals Wade , We will withdraw the below properties : R6780758 — I 25 Frontage 2015-2574 R0269195 — 3 901 Godding Hollow Parkway 1 R6784814 - 4001 Commerce Court R3725705 - 101 Miller Drive Thank you, David Johnson Joseph C Sansone Company 18040 Edison Avenue Chesterfield, MO 63 005 1 -636-733 -5455 Direct 1 - 800-394-0140 Ext 5455 1 -636-733 -2223 Fax djohnson@jcsco . com 2 NOTICE OAgu,Emt-riON Christopher M. Woodruff JUL 1 0 2015 Date of Notice: 6/30/2015 Weld County Assessor Telephone: (970) 353-3845 1400 N 17th Ave WELD COUNTY Fax: (970) 304-6433 Greeley, CO 80631 COMMISSIONERS Office Hours: 8:00AM-5:00PM ACCOUN T NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/PHYSICAL LOCATION R3725705 2015 2954 DAC GDBPRB L10 GRAND DIVIDE BUSINESS PARK RPLT B CES PROPERTIES LLC 101 MILLER DR 101 MILLER DR DACONO,CO 80514-9418 DACONO,CO 000000000 CC to a. cc ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW COMMERCIAL 2,383,290 2,383,290 TOTAL $2,383,290 $2,383,290 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: CM06- The Assessor staff has requested additional information to properly review your property's value. Because we have not received this information, we have no choice but to deny any adjustments. 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): JOSEPH C SANSONE CO 18040 EDISON AVE STE 400 CHESTERFIELD, MO 63005-3702 e-/1-:P612- 740 C 6000-0077 I ASjI APPEAL PROCEDURES County Board of Equalization Hearings will be held from July a9 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 Equaization 1150 O Street, P.O.Box 758 Greeley,CO 80631 Telephone:(970)358-4000 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 recommend nd that all ocuo espondence be mailed with that roof of mailing.a timely appeal; therefore, we proof 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: p lava Spf rnan beet, 15 Co=tort' 1313 erman Street, Doom 315 a Ljrstrict Court in the County Denver, CO 80203 where the property IS located. See your (303)886-5880 local telephone book for the address and www.dota.colorado.00v/baa telephone number. �indir�q or a list of rs,contact the County Commissioners at the address listed for the County Board of Equalization. If the date for filing any report, schedule, claim, tax rstum, 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, $9-1.120(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 teems of a specific dollar amount is required for reed property pursuant to 39 8 106(1.5), $SEE ATTACHED What is the heels 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.) THE ASSESSOR'S CALCULATION OF THE VALUE EXCEEDS THE ACTUAL MARKET VALUE OF THE PROPERTY. .(-ATTESTATION I,the underai., ed owner or agent'of the property identified above,affirm that the statements contained herein and on any a r. . rata are true and complete. -,0? 636-733-5455 42015 Signature Telephone Number Date appeals@jcsco.com Email Address Please Send all Correspondence to: 'Attach letter of authorization signed by property owner. J8 C Sansone Company 180044ph 0 Edison Avenue Chesterfield, MO 63005 i ;Pit OPL& `Y APPEAL.FORM If you disagree with the"current year actual value"and/or the classification determined for your property,you may file an appeal by mall or in person with the County Assessor. Completing the Real Property Questionnaire will help you determine an estimate of value for your property, which can be compared to the value determined by the Assessor.Colorado law requires application of the market approach to value for residential properties(includes apartments)and consideration of the cost, market and income approaches to value for vacant(and, commercial,and industrial properties. REASON FOR REQUESTING A REVIEW:The Assessor's calculation of value exceeds the actual market value of the property. REAL PROPERTY liES TJONNAjI'RE ATTACH ADDITIONAL DOCUMENTS AS NECESSARY (Do not send original documents, they will not be returned.) MARKET APPROACH(ALL PROPERTY TYPES):This approach to value uses sales from the 18-month period ending June 30,2014. if data is Insufficient during this time period,the Assessor may also consider data from the 5-year period ending June 30, 2014. Statute prohibits the Assessor from using appraisal data after June 30, 2014. To help estimate the market value of your property,please list sales of similar properties that have sold in your neighborhood. A copy of an appraisal prepared prior to June 30,2014 may be helpful in estimating the market value of your property. DATE SOLD SCHEDULE/ACCOUNT NUMBER or PROPERTY DESCRIPTION or ADDRESS SELLING PRICE Based on the information provided and accounting for differences between sold properties and your property,state the value of your property as of June 30, 2014. $ 1,425,000 COST AND INCOME APPROACH: For vacant land,commercial and industrial properties the Assessor must also consider the cost and income approaches to value. If your commercial or industrial property was not leased from January 2013 through June 2014,please complete the market approach section above. To assist the Assessor in evaluating your appeal,and if your property was leased during January 2013 through June 2014, please attach an operating statement indicating your Income and expense amounts.Attach a rent schedule indicating the square footage and rental rate for each tenant occupied space. If known,attach a list of rent comparables for competing properties. Estimate of value based on cost approach:$ Estimate of value based on income approach:$1,425,000 AGEF1T ASS!G$NMEN ASSIGNMENT: I authorize the below-named agent to act on my behalf regarding the property tax valuation of the property described herein for the year 2015 Agent's Name (please print): David Suden of Joseph C. Sansone Co. Daytime Telephone#: 636-733-5470 Owner's Signature: see attached Agent Authorization Date: Please mail all correspondence regarding this protest Edison Avenue Suite 400 to the above-named agent at the following address: Chesterfield, MO 63005 OWNE iAPENT VERIFICATION 1,the undersigned owner or agent of this property,state that the information and facts contained herein and on any attachments constitute true and complete statements concerning the described property. SCHEDULE/ACCOUNT NUMBER:R3725705 (Found above your name on the other side of this form.) Signature: � Date:C5/Z-9/f5 Daytime Telephone#: 636-733-547i Indicate the name,telephone number and email address for a person the Assessor may contact with questions. Name David Suden Telephone 636-733-5470 Email appeals@jcsco.com 15-32436-0001-CO AGENT AUTHORIZATION TO: Weld County Assessor Assessor's Office and the Assessment Review Agency CES Properties LLC hereby authorizes and appoints Joseph C. Sansone Company to act as agent with full authority to handle all matters relating to ad valorem tax matters. This includes but is not limited to filing of property tax declarations or other documents with you or the Assessment Appeals Board, examining any records in your office which I have a right to examine, appearing before any assessment officer or board and discussing assessments and resolving disputes with you concerning the assessment on property for which I am responsible for the property taxes. This agency shall terminate when a relating to the 2014 through 201Q assessments are resolved. CE S S Properties LLC . EXACT NAME OF PROPERTY O (F NOTICE OF VALUATION) 101 Miller Dr, Dacono, CO 8051 41: = 5705/146701404010 STRE DRESS •, °. E/PARCEL NUMBER AUTH D SIGNATURE PRINT NAME OF SIGNER DA lIT_LE� 720-460-3567 PHONE NUMBER State of Colorado City of On this day of ,20_before me,the undersigned officer,personally appeared ,known to me(or satisfactorily proven)to be the person whose name is subscribed to within the instrument and acknowledged that he executed the same for the purposes therein contained. In witness hereof I hereunto set my hand and official seal. Notary Public REAL PROPERTY SUMMARY ANALYSIS OF Cutting Edge Steel 101 Miller Drive Dacono, CO 80514 Appeal ID(s) Number 146701404010 As of 1/1/2015 Prepared By: JOSEPH C. SANSONE COMPANY 18040 Edison Avenue Chesterfield, Missouri 63005 <-:I hi! k not an a ppraisal> This information is provided by the Joseph C.Sansone Company as an authorized advocate and representative of the property owner or taxpayer, Therefore,the information is not and should not be considered an objective analysis of the value of the subject property interest. The information is not intended to constitute an"appraisal"or"appraisal report"pursuant to the Uniform Standards of Professional Appraisal Practice("USPAP")or Missouri law. No one from the Joseph C.Sansone Company is acting as a licensed or certified real estate appraiser in this matter.Whether any person involved in the preparation or presentation of the information is a licensed or certified appraiser is of no importance and the information and presentation are not intended to comply with the USPAP requirements of appraisal practice. 101 Miller Drive =• PTR Number:15324360001CO Location IDs:146701404010 Tax Year 2015 / Pay Year 2016 Area Type WAREHOUSE Location Totals Gross Building Area 34,047 34,047 Net Leaseable Area 34,047 34,047 Potential Gross Income 6.00 204,282 6.00 204,282 Vacancy and Credit Loss 5.0% 10,214 5.0% 10,214 Effective Gross Income 194,068 194,068 Overall Expense 10.0% 19,407 10.0% 19,407 Net Operating Income 174,661 174,661 Base Cap Rate 9.000 Adj Tax Rate 0.400 Adj Cap Rate 9.400 Value Sum 1,858,097 Indicated Value 1,858,000 Total Indicated Value per SF(NLA) 54.57 7501 Miller Dr Frederick , CO 80504 I Class B Manufacturing Building of 28,204 SF Sold on 9/19/2013 for $1 ,640, 116 - Research Complete . buyer Vehicle Systems, Inc , i, . ,1 ��, __ ,� 7501 Miller Dr - Frederick, CO 80504 i I- s (303) 651 -5500 : _ � _ 1 seller _ '! .� :.t l c �t . 1014,Lf!M _^_ - -�• •-•1,,f, •••'mow�~.-, ��'t l a.. 1 .c.. Bankers Escrow Corporation p - ♦�. Jay '% = • N: S H' i y. 44 Union Blvd Lakewood, CO 80228 . (303) 986-4848 vital data Escrow/Contract: - Sale Price: $1 ,640, 116 Sale Date: 9/19/2013 Status : Confirmed Days on Market: - Building SF : 28,204 SF Exchange: Yes Price/SF : $58 . 15 Conditions: 1031 Exchange Pro Forma Cap Rate: - Land Area SF : 174,240 Actual Cap Rate: - Acres: 4 Down Pmnt: $402,616 $/SF Land Gross : $9 .41 Pct Down : 24.5% Year Built, Age: 1998 Age : 15 Doc No : 3964958 Parking Spaces: 55 Trans Tax: - Parking Ratio : 1 .95/1000 SF Corner: No FAR 0 . 16 Zoning : - Lot Dimensions: - No Tenants : 1 Frontage: - Percent Improved : 87 .4% Tenancy: Single Submarket: Weld County Ind Comp ID : 2848706 Map Page: - Parcel No : 131326205010 [Partial List] Property Type : Industrial income expense data Listing Broker Expenses - Taxes $49,526 No Listing Broker on Deal - Operating Expenses Total Expenses $49,526 Buyer Broker I DTZ 772 Whalers Way Fort Collins, CO 80525 (970) 776-3900 Travis Ackerman financing prior sale 1st Bank Of Co Date/Doc No : 6/6/2013 (3938819) Bal/Pmt: $1 ,237,500 Sale Price : $1 ,650 ,000 ComplD : 2763429 1 Copyrighted report licensed to Joseph C. Sansone Company - 200793. 7/8/2015 Page 4 • 15549 Highway 52 Fort Lupton , CO 80621 Class B Industrial Building of 27,340 SF Sold on 6/7/2011 for $1 , 150,000 - Non-Arms Length - Research Complete buyer 1 Robert R Feis 11, f • 193 S 27th Ave ` i Y Brighton, CO 80601 �' (303) 659-1200 �ra Z seller I _ wM :.» Robert R Feis 193 S 27th Ave Brighton, CO 80601 fr,„ (303) 659-1200 vital data 4_ Escrow/Contract: - Sale Price : $1 , 150,000 Sale Date : 6/7/2011 Status : - Days on Market: - Building SF : 27,340 SF Exchange: No Price/SF : $42.06 Conditions: - Pro Forma Cap Rate: - Land Area SF : 871 ,200 Actual Cap Rate: - Acres: 20 Down Pmnt: - $/SF Land Gross : $1 . 32 Pct Down : - Year Built, Age: 1985 Age : 26 Doc No : 3775039 Parking Spaces : - Trans Tax: - Parking Ratio : - Corner: No FAR 0 .03 Zoning : I-1 Lot Dimensions: - Percent Improved : 80 .8% Frontage: - Submarket: Weld County Ind Tenancy: Multi Map Page: - Comp ID : 2137947 Parcel No : 147103000068 Property Type: Industrial income expense data Listing Broker Expenses - Taxes $17,386 - Operating Expenses Total Expenses $17,386 Buyer Broker financing 1st Seller BaI/Pmt: $225,000 Copyrighted report licensed to Joseph C. Sansone Company - 200793. 7/8/2015 Lit Page 2 1845 Skyway Dr Longmont, CO 80504 Class B Distribution Building of 26,676 SF Sold on 9/28/2012 for $1 ,035,000 - Research Complete buyer M HS LLC 700 17th St .__ $ i riry Denver, CO 80202 redIquipwri , _ ,. „„,,, , . , I', 4, ■ n . i'atia. , j 41:84 ...wN• ._ _ _ _a, L seller , -- United States Postal Service - �« 160 Inverness Dr W Englewood, CO 80112 ra .. " � � ' - :, (303) 220-6503 vital data _��__ • Escrow/Contract: - Sale Price: $1 ,035,000 Sale Date : 9/28/2012 Status : Confirmed Days on Market: 478 days Building SF : 26,676 SF Exchange : No Price/SF : $38.80 Conditions: Auction Sale Pct Office: 9.4% Land Area SF : 189,922 Pro Forma Cap Rate: - Acres: 4.36 Actual Cap Rate: - $/SF Land Gross : $5.45 Down Pmnt: - Year Built, Age: 2000 Age : 12 Pct Down : - Parking Spaces : 70 Doc No : 3880667 Parking Ratio : 2 .62/1000 SF Trans Tax: - FAR 0 . 14 Corner: No Lot Dimensions: - Zoning : Light Industrial - Comm Frontage: - Percent Improved : - Tenancy: Single Submarket: Weld County Ind Comp ID : 2574222 Map Page: - Parcel No : 131308102016 Property Type: Industrial income expense data _ Listing Broker GSA, Greater Southwest Region 7 819 Taylor St Fort Worth, TX 76102 (817) 978-2331 William Morgan Buyer Broker financing Copyrighted report licensed to Joseph C. Sansone Company - 200793. 7/8/2015 Page 5 • 1198 Boston Ave Longmont, CO 80501 Class C Manufacturing Building of 42,991 SF Sold on isw 11 /18/2011 for $645,000 - Research Complete ' buyer WP Manufacturing, Inc. 802 S Sherman St �_ J Longmont, CO 80501 • (303) 772-1325 +, _ e, ,,, ,a,. . ._ _ seller • FDIC — - 5460 S Quebec St Greenwood Village, CO 80111 (303) 779-0204 vital data Escrow/Contract: 40 days Sale Price : $645,000 Sale Date : 11 /18/2011 Status : Confirmed Days on Market: 170 days Building SF : 42,991 SF Exchange : No Price/SF : $15.00 Conditions : Auction Sale, REO Sale Pct Office: 11 .5% Land Area SF : 92,347 Pro Forma Cap Rate : - Acres: 2. 12 Actual Cap Rate: - $/SF Land Gross : $6.98 Down Pmnt: $95,000 Year Built, Age: 1995 Age : 16 Pct Down : 14.7% Parking Spaces : - Doc No : 3187931 Parking Ratio : 1 .74/1000 SF Trans Tax: - FAR 0 .47 Corner: No Lot Dimensions : - Zoning : Mixed Industrial Frontage: - Percent Improved : 66.4% Tenancy: Multi Submarket: Longmont Ind Comp ID : 2226940 Map Page: - Parcel No : 1315102-03-001 Property Type: Industrial income expense data Listing Broker Expenses - Taxes $35,831 Cushman & Wakefield of Colorado 1050 17th St - Operating Expenses Denver, CO 80265 Total Expenses $35,831 (303) 813-6400 Patrick Devereaux, Jason Schmidt Buyer Broker Pratt Property Management, Inc. 1375 Ken Pratt Blvd Longmont, CO 80501 (303) 776-4496 Susan Pratt financing prior sale 1st Home St Bk , Date/Doc No : 1 /28/2011 Bal/Pmt: $550,000 Sale Price: ComplD : 2058579 Copyrighted report licensed to Joseph C. Sansone Company - 200793. 7/8/2015 Page 1 Hello