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HomeMy WebLinkAboutR10-125 Assessor Generated Abatements Commissioner - % ' moved adoption of the fr owing Resol s ' I n: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO Resolution No. 2010 - f 77 RESOLUTION CONCERNING ASSESSOR GENERATED PETITIONS FOR ABATEMENTS AND REFUNDS OF TAXES BEFORE THE EAGLE COUNTY BOARD OF COUNTY COMMISSIONERS WHEREAS, the Board of County Commissioners for Eagle County, Colorado (hereinafter referred to as the "Board ") is responsible for hearing petitions for refunds or abatement of property taxes pursuant to C.R.S. §§ 39 -1 -113 and 39 -10 -114; and WHEREAS, various petitions for abatement have been submitted to the Board by the Eagle County Assessor (the "Assessor ") for the purposes of correcting erroneous valuations for assessment, irregularity in levying, clerical errors and/or overvaluations discovered by the Assessor; and WHEREAS, the Board has considered the recommendations of the Assessor with respect to the abatement petitions submitted by the Assessor, and such recommendations are attached hereto as Exhibit "A," and incorporated herein by this reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Eagle County, Colorado, THAT, the Board hereby approves the recommendations of the Assessor for the schedule numbers, the tax years and the reasons set forth in the Assessor' s recommendations attached hereto as Exhibit "A" and enters orders with respect to the petitions for abatement in accordance with such recommendations. THAT, for each order issued by the Board in which an adjustment to the respective Petitioners' valuation is indicated, subject to approval by the State Property Tax Administrator where required by the terms of C.R. S. § 39- 1- 113(3), the Board directs the Assessor to adjust the valuation or take such other action as more particularly set forth in the recommendations set forth and attached hereto as Exhibit "A." MOVED, READ AND ADOPTED by the Board of_county Commissioners of the County of Eagle, State of Colorado at its regular meeting held the day of C9 , 2010. COUNTY OF EAGLE, STATE OF COLORADO BY AND THROUGH ITS BOARD OF COUNTY COMMISSIONERS / — BY: Li 1 , ' . a J. Fisher, O j . i an ATTEST: 1 4 .41 +' . on avney, - /// late- * // � Teak J. Simonton, Clerk to the ,r j - . ■i Board of County Commissioners - Peter F. Runyon, Co 'missioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote as as follows: Commissioner Sara J. Fisher Commissioner Jon Stavney /a Commissioner Peter F. Runyon This Resolution passed by . / 1 6 vote of the Board of County Commissioner of the County of Eagle, State of Colorado. 2 ABATEMENT RECOMMENDATION ASSESSOR GENERATED X ADMIN CHANGE YES / NO 111 TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: B.T. Stern Family Estate Planning LLC Schedule #: R057971 Parcel #:2109- 152 -05 -015 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $233,000 $67,570 $5,796.68 Corr: Abate: $52,000 $15,080 $1,293.68 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $220,000 - $240,100. The value has been adjusted accordingly. Appraisal Manager Approval: 5L, //(V Assessor Approval t/ G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc • I ABATEMENT RECOMMENDATION I ASSESSOR GENERATED _ X ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 I Owner: B.T. Stern Family Estate Planning LLC Schedule #: R057972 Parcel #:2109- 152 -05 -016 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% % Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $222,000 $64,380 $5,523.04 Corr: Abate: $63,000 $18,270 $1,567.32 Abate: / The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $203,300 - $233,618. The value has been adjusted accordingly. Appraisal Manager Approval: PSIt., el 11110 Assessor Approval:. //�" G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc • 1 ABATEMENT RECOMMENDATION 1 ASSESSOR GENERATED X, ADMIN CHANGE YES / NO • TAXPAYER GENERATED _ ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Krista K. Behr Schedule #: R052381 Parcel #:2109 - 094 - - 010 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate 110 Actual Assd Taxes Actual Assd Taxes Orig: $1,341,710 $106,800 $9,162.16 Orig: Corr: $1,142,730 $90,970 $7,804.12 Corr: Abate: $198,980 $15,830 $1,358.04 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $1,019,330 - $1,500,000. The value has been adjusted accordingly. ,A111111i �y Appraisal Manager Approval: n� r� 1111 1O Assessor Approval- 9 G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc I ABATEMENT RECOMMENDATION I ASSESSOR GENERATED X ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY • DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Lee Martens Date: 9/07/2010 Owner: Restated 1982 Knud C. Stobbe Convertible Trust Schedule #: R051120 Parcel #: 1935 - 053 -01 -001 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial X Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: TAX YEAR 2009 TAX YEAR TAC SC070 Mill Rate 50.787 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes rig: $690,320 $200,190_ _$10,167.04_ Orig: orr: $419,000 $121,510 $ 6,171.14 Corr: Abate:$271,320 $_78,680_ $ 3,995.90 Abate: The basis of the recommendation is: This parcel has over 41 acres in it of which approximately 7 acres is usable along Sweetwater Creek and the rest is excess and not usable and very hard to value due to lack of sales. This adjustment is to get to the estimated value of 7 acres. The amended value is the price paid for the subject property in June 2005. Pursuant to CRS 39 -1 -114, this abatement should be granted due to overvaluation. 1 0 h 1* -, Appraisal Manager Approval: Assessor Approval G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 1 . ABATEMENT RECOMMENDATION I ASSESSOR GENERATED X ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -30 -2010 Owner: Joseph W. Jr. & Nancy Franz Schedule #: R059168 Parcel #: 2109 - 152 -08 -005 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $1,581,390 $125,880 $10,799.00 Orig: Corr: $1,311,810 $104,420 $8,958.00 Corr: Abate: $269,580 $21,460 $1,841.00 Abate: / The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $1,211,626 - $1,421,880. The value has been adjusted accordingly. Appraisal Manager Approval:1 )0 Assessor Approval: G: \DOCS \Forms \ABATREC2.FRM •rev. 08/18/09 jmc ABATEMENT RECOMMENDATION ASSESSOR GENERATED Nr, ADMIN CHANGE YES / NO • TAXPAYER GENERATED _ ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Nathan A. & Hazel J. Free Schedule #: R057977 Parcel# :2109 - 161 -11 -004 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $233,000 $67,570 $5,796.68 Corr: Abate: $52,000 $15,080 $1,293.68 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $227,900 - $247,500. The value has been adjusted accordingly. Appraisal Manager Approval: `fit {D Assessor Approval: G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 410 I ABATEMENT RECOMMENDATION I S ASSESSOR GENERATED TAXPAYER GENERATED- X ADMIN CHANGE YES / NO ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Lot 4 Project LLC Schedule #: R057978 Parcel #:2109 - 161 -11 -005 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% % Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate 1 ill Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $228,000 $66,120 $5,672.32 Corr: Abate: $57,000 $16,530 $1,418.04 Abate: / The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $209,000 - $247,500. The value has been adjusted accordingly. ' /. /� Appraisal Manager Approval: 111k/ � �� Assessor Approval- �' _ - G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc • I ABATEMENT RECOMMENDATION I ASSESSOR GENERATED X ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Don & Mary Evenson Living Trust Y g Schedule #: R050342 Parcel #:2109 - 094 -06 -010 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) 1 Assessment Rate: 29% % Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: Orig: 299 250 86 780 7 444.68 Ori g $299,250 $86,780 $7,444.68 g Corr: $255,000 $73,950 $6,344.04 Corr: Abate: $44,250 $12,830 $1,100.64 Abate: I The basis of the recommendation is: The new value reflects the time adjusted sales price of the subject in the data collection period. A review of the comparable sales has also supported the new value. It is recommended the value be lowered for the 2009/2010 tax periods. Appraisal Manager Approval : - i J Assessor Approval :■'/ . G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc III I ABATEMENT RECOMMENDATION • ASSESSOR GENERATED - y( ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 i Owner: Cameron C. Turner Schedule #: R057980 Parcel #: 2109 - 161 - - 007 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% % Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $1,680,820 $133,800 $11,478.44 Orig: Corr: $1,293,340 $102,950 $8,831.88 Corr: Abate: $387,480 $30,850 $2,646.56 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $1,295,909 - $1,624,818. The value has been adjusted accordingly. Appraisal Manager Approval: ). pp g pp �� D ( 1 lb Approval : / '-° G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc I ABATEMENT RECOMMENDATION ASSESSOR GENERATED -- ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Lot 4 Project LLC Schedule #: R059134 Parcel #:2109 - 103 -13 -001 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $229,570 $66,580 $5,711.76 Corr: Abate: $55,430 $16,070 $1,378.60 Abate: The basis of the recommendation is: The new value reflects the time adjusted sales price of the subject in the data collection period. A review of the comparable sales has also supported the new value. It is recommended the value be lowered for the 2009 tax period. 46 Appraisal Manager A roval. Assessor G: \DOCS \Forms \ABATREC2.FRM pP g PP )ij(P PP i���,���� ;J rev. 08/18/09 jmc 1111 1 ABATEMENT RECOMMENDATION ASSESSOR GENERATED X ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Benjamin & Julie Zeeb Schedule #: R051265 Parcel #:2109- 102 -04 -007 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $1,041,240 $82,880 $7,110.12 Orig: Corr: $874,960 $69,640 $5,974.28 Corr: Abate: $166,280 $13,240 $1,135.84 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $725,040 - $988,652. The value has been adjusted accordingly. Appraisal Manager Approval: ���0) Assessor Approval• /^ G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 411 1 ABATEMENT RECOMMENDATION ASSESSOR GENERATED )C ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY . DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08/30/2010 Owner: Amie Morgan Schedule #: R051240 Parcel #: 2109- 091 -10 -009 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification:Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $1,420,660 $113,090 $9,701.76 Orig: rr: $1,186,240 $94,430 $8,100.96 Corr: Abate: $234,420 $18,660 $1,600.80 Abate: / The basis of the recommendation is: Due to 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. Adjusted sales prices have a range of $1,077,493 - $1,312,573. Subject value has been adjusted accordingly. 41111 1 � > / Appraisal Manager Approval: � `, �� Assessor Approval: G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 1 ABATEMENT RECOMMENDATION ASSESSOR GENERATED xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Andrea Noakes Date: 8/31/2010 Owner: Schubert Siblings Trust 2005, Michael J. & Thomas F. Schubert Trustees Schedule #: R021622 Parcel #: 2103- 124 -03 -027 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial xx Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96 Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC125 Mill Rate 52.7070 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes ig: 4,160,480 331,170 17,454.96 Orig: Corr: 3,685,000 293,330 15,460.56 Corr: Abate: 475,480 37,840 1,994.40 Abate: The basis of the recommendation is: Sales from our data collection period of January 1, 2007 through June 30, 2008 were reviewed during the 2010 assessor level appeals process. It was determined the current level of value was overstated and the value was lowered to $3,685,000. I recommend the value should also be lowered for the 2009 tax year to create a fair and equitable value. Appraisal Manager Approval: � pp g pp Assessor Approval: G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc s I I ABATEMENT RECOMMENDATION I ASSESSOR GENERATED XX_ ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED li! To: Mark Chapin, Eagle County Assessor From: Kristina W Birk Date: 8 -31 -2010 Owner: Hann J Fontaine_ Schedule #:R055650 Parcel #: 2103 - 174 -03 -032 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial _ Approval as Submitted XX Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR _ 2009_ TAX YEAR TAC SCO28 Mill Rate 63.1080 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: ` $1,471,280 $117,110_ $7,390.56 Orig: illi _$1,262,640_ $100,510_ $6,343.00_ Corr: Abate: $208,640 $16,600 $1,047.56 Abate: The basis of the recommendation is: The land on this half duplex was carrying a location adjustment that the other half of the duplex was not, in order to maintain equality in the neighborhood the ad was removed. This update to the schedule also includes g adjustment P changes to the interior building attributes as well. The change in value indicated in this abatement is based on the updated record and supported by sales of similar properties in the subject's neighborhood. Pursuant to CRS 39 -10 -114, this abatement should be granted due to over - valuation. 1. ' -•7 a , t Appraisal Manager Approval: 3 A 0 Assessor Approval: ,' /,% 411111 : \DOCS\Forms\ABATREC2.FRM rev. 08/18/09 jmc I ABATEMENT RECOMMENDATION I ASSESSOR GENERATED xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY • DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Andrea Noakes Date: 8/31/2010 Owner: Hedy & Kenneth G. Gurrentz Schedule #: R039482 Parcel #: 2103 - 124 -03 -056 The appraisal section has completed its review of the referenced property as of this date and hereby submits its findings & recommendations as stated below: Denial xx Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96 % Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC125 Mill Rate 52.7070 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes e ig: 3,136,910 249,700 13,160.92 Orig: Corr: 2,600,000 206,960 10,908.24 Corr: Abate: 536,910 42,740 2,252.68 Abate: The basis of the recommendation is: Sales from our data collection period of January 1, 2007 through June 30, 2008 were reviewed during the 2010 assessor level appeals process. It was determined the current level of value was overstated and the value was lowered to $2,600,000. I recommend the value should also be lowered for the 2009 tax year to create a fair and equitable value. Appraisal Manager Approval: ` , -��,0 Assessor Approval:7- 1.. /4)4C. G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc ill ABATEMENT RECOMMENDATION ASSESSOR GENERATED _ X X_ ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kristina W Birk Date: 8 -30 -2010 Owner: Robert & Jennifer Mach Schedule #: R054008 Parcel #: _1943- 353 -30 -003 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial _ Approval as Submitted XX Abatement /Refund different than requested (Approval in part) 1Assessment Rate: 7.96 % Classification: TAX YEAR 2009 TAX YEAR TAC S0001 Mill Rate 56.6820 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $1,301,160_ $103 570 $5,870.56_ Orig: r: $1,077,250_ _$85,750 $4,860.48 Corr: Abate: 223,910 $17,820 _$1,010.08 Abate: The basis of the recommendation is: An interior inspection and exterior . measurement of the property was performed prior to the 2009 re- appraisal, due to the assessor level appeal in 2010, the record's inventory was not corrected for 2009 but should have been. Changes have been made to the record resulting in this Assessor generated abatement. Pursuant to CRS 39 -10 -114, this abatement should be granted for over - valuation. Appraisal Manager Approval: 5031.‘0 Assessor Approval- ) G:\DOCS\Forms\ABATREC2.FRM ABATEMENT RECOMMENDATION ASSESSOR GENERATED xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY • DATE CHANGED To: Mark Chapin, Eagle County Assessor • From: Andrea Noakes Date: 8/31/2010 Owner: Steinberg Family Trust- Florence A. Steinberg Bypass Trust Schedule #: R010150 Parcel #: 2101- 092 -04 -001 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial xx Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96 °s Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC103 Mill Rate 44.2270 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes 3,819,680 304,040 13,446.76 Orig: Corr: 2,867,490 228,250 10,094.80 Corr: Abate: 952,190 75,790 3,351.96 Abate: The basis of the recommendation is: Sales from our data collection period of January 1, 2007 through June 30, 2008 were reviewed during the 2010 assessor level appeals process. It was determined the current level of value was overstated and the value was lowered to $2,867,490. I recommend the value should also be lowered for the 2009 tax year to create a fair and equitable value. Appraisal Manager A roval : f ' (i)I IJt! pp g pp ` Assessor Approval: G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc • ABATEMENT RECOMMENDATION ASSESSOR GENERATED XX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kristina W Birk Date: 8 -31 -2010 Owner: _SPURR- PORTMANN FAMILY LIVING TRUST Schedule #: R063175 Parcel #: 2105 - 122 -25 -030 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial _ Approval as Submitted XX Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR _2009 TAX YEAR TAC SC222 Mill Rate 99.1470 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: _$2,371,990 _$188,810 $18,719.96_ Orig: $2,153,800,_ _$171,440 $16,997.76_ Corr: Abate:_$218,190 $17,370_ $1,722.20 Abate: The basis of the recommendation is: The subject property sold in the data collection period for less than the assessor's office valued it during the 2009 re- appraisal. The value was adjusted to the time adjusted sales price minus the cost of personal property. Comparable sales support the new value. Pursuant to CRS 39 -10 -114 this abatement is recommended due to overvaluation. Appraisal Manager Approval: I 0 Assessor Approval: "< 411 G:\DOCS\Forms\ABATREC2.FRM rev. 08/18/09 jmc ABATEMENT RECOMMENDATION ASSESSOR GENERATED xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From:_ Andrea Noakes Date: 8/31/2010 Owner: Thomas K. Boyd - Oakwood Trust Schedule #: R007350 Parcel#: 2101- 071 -13 -020 The appraisal section has completed its review of the referenced property as of this date and hereby submits its findings & recommendations as stated below: Denial xx Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96 % Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC103 Mill Rate 44.2270 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes •ig: 8,327,140 , 662,840 29,315.44 Orig: Corr: 6,327,700 503,690 22,276.68 Corr: Abate: 1,999,440 159,150 7,038.76 Abate: The basis of the recommendation is: Sales from our data collection period of January 1, 2007 through June 30, 2008 were reviewed during the 2010 assessor level appeals process. It was determined the current level of value was overstated and the value was lowered to $6,327,700. I recommend the value should also be lowered for the 2009 tax year to create a fair and equitable value. Appraisal Manager Approval: `AJ5 - 1l1 1 6 Assessor Approval- 7 G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 1 ABATEMENT RECOMMENDATION 1 ASSESSOR GENERATED X ADMIN CHANGE YES / NO 1110 TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: David Caldarola Schedule #: R057967 Parcel #:2109- 152 -05 -011 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29% Classification: Vacant Land TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC - Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $285,000 $82,650 $7,090.36 Orig: Corr: $212,380 $61,590 $5,283.68 Corr: Abate: $72,620 $21,060 $1,806.68 Abate: The basis of the recommendation is: The new value reflects the time adjusted sales price of the subject in the data collection period. A review of the comparable sales has also supported the new value. It is recommended the value be lowered for the 2009/2010 tax periods. Appraisal Manager Approval : /1� git\kti Assessor Approval : =',./% �q.. G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc I ABATEMENT RECOMMENDATION ASSESSOR GENERATED X ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN - CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Brian M. & Julie T. Claydon Schedule #: R057943 Parcel# : 2109 094 - - 025 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $1,448,600 $115,310 $9,892.20 Orig: Corr: $1,231,190 $98,010 $8,408.08 Corr: Abate: $217,410 $17,300 $1,484.12 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $1,200,714 - $1,341,253. The value has been adjusted accordingly. Appraisal Manager Approval:/A/ iI3 Assessor Approval G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 1 ABATEMENT RECOMMENDATION ASSESSOR GENERATED )( ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -31 -2010 Owner: Chris & Shannon Fedrizzi Schedule #: R050278 Parcel #: 2109- 091 -06 -009 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% % Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate • Actual Assd Taxes Actual Assd Taxes Orig: $1,479,140 $117,740 $10,100.68 Orig: Corr: $1,295,790 $103,150 $8,849.04 Corr: Abate: $183,350 $14,590 $1,251.64 Abate: The basis of the recommendation is: The new value reflects market conditions in the neighborhood during the data collection period. Due to the 2010 assessor level appeal and a review of the comparable sales the subject has been adjusted for 2009/2010. The adjusted sales prices of the comparables have a range of $1,160,305 - $1,590,826. The value has been adjusted accordingly. Appraisal Manager Approval : A 4 0 4 `} \�( Assessor Approval : • G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 4111 I L ABATEMENT RECOMMENDATION I ASSESSOR GENERATED XX_ _ ADMIN CHANGE YES / NO • TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED 7 To: Mark Chapin, Eagle County Assessor From: Kristina W Birk Date: 8 -31 -2010 Owner: _Andrew & Yvette Younq Schedule #: R063183 Parcel #: _2105- 122 -25 -038 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial Approval as Submitted . XX Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC222 Mill Rate 99.1470 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $910,320 _$72,460 $7,184.20 Orig: likr: $777,280 87 = $61,0 $6,134.24 Corr: • Abate: $133,040 $10,590 $1,049.96 Abate: The basis of the recommendation is: Due to a re -draw of the subject property from the plat, the square footage on record was incorrect. The change in value indicated in this abatement is based on the updated record and sales of similar properties in the same development as the subject. Pursuant to CRS 39 -10 -114, this abatement should be granted for overvaluation. Appraisal Manager Approval: � _ 'r 1 Assessor Approval� G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc I ABATEMENT RECOMMENDATION ASSESSOR GENERATED xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY III DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Andrea Noakes Date: 8/31/2010 Owner: Kathryn C. Poch Schedule #: R047852 Parcel #: 2101- 071 -12 -021 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial xx Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96 % Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC103 Mill Rate 44.2270 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes 41, ig: 7,620,720 606,610 26,828.56 Orig: Corr: 6,300,000 501,480 22,178.96 Corr: Abate: 1,320,720 105,130 4,649.60 Abate: / The basis of the recommendation is: Sales from our data collection period of January 1, 2007 through June 30, 2008 were reviewed during the 2010 assessor level appeals process. It was determined the current level of value was overstated and the value was lowered to $6,300,000 or 1,800 per square foot. This value was determined by giving the most weight to the sale of the other half of the subject's duplex. I recommend the value should also be lowered for the 2009 tax year to create a fair and equitable value. e Appraisal Manager Approval: :i‘ ` 6-1 ID Assessor Approval: / __ G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 411 ABATEMENT RECOMMENDATION • ASSESSOR GENERATED X TAXPAYER GENERATED ADMIN CHANGE YES / NO ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kevin Cassidy Date: 08 -27 -2010 Owner: Nancy Jo King Schedule #: R060515 Parcel #: 2109- 043 -19 -002 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial X Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification:Residential TAX YEAR 2009 TAX YEAR TAC SC168 Mill Rate 85.7880 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $387,770 $30,860 $2,647.40 Orig: Corr: $224,800 $17,900 $1,535.60 Corr: Abate: $162,970 $12,960 $1,111.80 Abate: The basis of the recommendation is: Based on data provided by the property owner inventory was corrected. Research by the Assessor's office of the Master Declaration for employee housing designated by the Town of Eagle concluded that the Assessor's property record was incorrect. A correction was made to the record to reflect the correct neighborhood and super- neighborhood, (employee housing 3% cap), for the above mentioned property resulting in a decrease in actual and assessed values. Pursuant to CRS 39 -10 -114 this abatement should be granted for overvaluation. hh Appraisal Manager Approval Approval: Assessor A roval: - 1110 \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc 1 ABATEMENT RECOMMENDATION ASSESSOR GENERATED XX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Kristina W Birk Date: 8 -31 -2010 'Owner: SCHNOOR CORPORATION Schedule #: R063189 Parcel #: 2105- 122 -25 -044 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial _ Approval as Submitted XX Abatement /Refund different than requested (Approval in part) Assessment Rate: 7.96% Classification: Residential TAX YEAR 2009 TAX YEAR TAC SC222 Mill Rate 99.1470 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: $1,395,760_ _$111,100 $11,015.24 Orig: 411 ,r: $1,228,800_ _$92,810 $9,697.56 Corr: Abate: $166,960 $13,290 $1,317.68 Abate: The basis of the recommendation is: The subject property sold in the data collection period for less than the assessor's office valued it during the 2009 re- appraisal. The value was adjusted to the time adjusted sales price minus the cost of personal property. Comparable sales support the new value. Pursuant to CRS 39 -10 -114 this abatement is recommended due to overvaluation. Appraisal Manager Approval: % 511 ID Assessor Approval % ( G: \DOCS \Forms \ABATREC2.FRM ABATEMENT RECOMMENDATION ASSESSOR GENERATED XXX ADMIN CHANGE YES NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Ruth Berglund Date: 09/03/2010 Owner: EDWARDS CORNER LLC Schedule #: R055208 Parcel #: 2105- 054 -11 -012 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: Commercial TAX YEAR 2009 TAX YEAR TAC SCO55 Mill Rate 48.104 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes ;Y $10,145,120 $2,942,080 $141,525.80 prig: Corr: $ 9,597,690 $2,783,330 $133,889.30 Corr: Abate:$ 547,430 $ 158,750 $ 7,636.50 Abate: • The basis of the recommendation is: See attached. Pursuant to CRS 39 -10 -114, this abatement should be approved. Appraisal Manager Approval: , �!/ ) l Assessor Approval, G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc • ABATEMENT RECOMMENDATION ASSESSOR GENERATED XXX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Ruth Berglund Date: 09/03/2010 Owner: St Just LLC Schedule #: R041167 Parcel #: 2103- 171 -01 -020 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: Commercial TAX YEAR 2009 TAX YEAR TAC SCO28 Mill Rate 63.108 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes ig: $ 975,750 $ 282,970 $ 17,857.68 Orig: Corr: $ 674,110 $ 195,490 $ 12,337.00 Corr: Abate:$ 301,640 $ 87,480 $ 5,520.68 Abate: The basis of the recommendation is: See attached. Pursuant to CRS 39 -10 -114, this abatement should be approved. Appraisal Manager A pp g pproval : , 1'`. -' ) )iL Assessor Approval :/;Z7 / G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc ABATEMENT RECOMMENDATION ASSESSOR GENERATED XXX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Ruth Berglund Date: 09/03/2010 Owner: KLS RANCH LLC Schedule #: R052956 Parcel #: 2111 - 081 -06 -009 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: Commercial TAX YEAR 2009 TAX YEAR TAC SC018 Mill Rate 55.881 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes J ig: $ 574,060 $166,480 $ 9,303.08 Orig: Corr: $ 399,380 $115,820 $ 6,472.14 Corr: Abate: $ 174,680 $ 50,660 $ 2,830.94 Abate: The basis of the recommendation is: See attached. Pursuant to CRS 39 -10 -114, this abatement should be approved. Zii ,7 Appraisal Manager Approval: /IiD Assessor Approval // 'V G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc ABATEMENT RECOMMENDATION ASSESSOR GENERATED XXX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Ruth Berglund Date: 09/02/2010 Owner: LOT 28 AIRPARK LLC Schedule #: R054688 Parcel #: 2111- 101 -24 -001 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: Commercial TAX YEAR 2009 TAX YEAR TAC SC018 Mill Rate 55.881 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes 'pig: $3,328,290 $965,200 $53,936.36 Orig: Corr: $1,892,840 $548,920 $30,674.20 Corr: Abate: $1,435,450 $416,280 $23,262.16 Abate: • The basis of the recommendation is: The square footage assigned to this building estimated a full second story of 14,488 with total footage of 28,976. Review of the property showed that the second story was only 1,989 square feet with total footage of 16,479. Square footage.was corrected and recommendation above is the result of the area correction. Pursuant to CRS 39 -10 -114, this abatement should be approved. l _Appraisal Manager Approval: V j ( V Assessor Approval: / f' % 1 G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc ABATEMENT RECOMMENDATION ASSESSOR GENERATED XXX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN- CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Ruth Berglund Date: 09/02/2010 Owner: Riverwalk Giliie LLC Schedule #: R040134 Parcel #: 2105- 054 -16 -003 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial XX Approval as Submitted Abatement /Refund different than requested (Approval in part) Assessment Rate: 29 % Classification: Commercial TAX YEAR 2009 TAX YEAR TAC SCO55 Mill Rate 48.104 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes ig: $1,165,000 $337,850 $16,251.92 Orig: Corr: $ 928,650 $269,300 $12,954.40 Corr: Abate: 236,350 $ 68,550 $ 3,297.52 Abate: 1 The basis of the recommendation is: An analysis of 2007 -2008 sales and rents in the Riverwalk complex indicated a marked difference between retail space and office space. All office space units were adjusted down to $358 per foot tax year 2009. This schedule was not appealed and was overlooked in the correction process for 2009. Value was corrected for 2010 and abatement is being generated to provide equalization with all other similar units in the complex for 2009. Pursuant to CRS 39 -10 -114, this abatement should be approved. 0 ) At/ 1 Appraisal Manager Approval: 4 4 ■ 3-1 0 Assessor Approval ■ G: \DOCS \Forms \ABATREC2.FRM rev. 08/18/09 jmc