HomeMy WebLinkAboutbocc.res.044.2013 APPROVED BY FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY !► � C � �" � C ST/��
RESOLUTION (g������g��N�rt��P��) �3yZZ
Every petilion fa a0atemeM w rolurM filetl punuant to §3&10.114.C.R.S.ehall be adad upOn Dunuant lo the provisbns af tt�s section Dy the
u L � _ Cq�y Commiasionm or t�e Aseessor,as appropnale.wiMin sia rtaMhs M I�e dele of filing suU peti6on.4 391-113(1.71.C.R.S.
n 7
Section w: Written Mutual Agreement of Assessor and Petitioner
(Onty br aO�bmMts up fo 570,000)
The Commissioners of Counry authonze the Assessor by Resolution No.
to review petitions for a atement or re n an to settle ty written mutual agreement any such petition o�
abatement or refund in an amount of$10,000 or less per tiact, parcel,or lot of land or per schedule of personal
property, in accordance with§39-1-113(1.5),C.R.S.
The Assesaor and Petitioner mutually agree to the values and tax abatemanUrefund of:
Taa Vwr Tax Vear
� � � � �sqg� Taz
diplMl
Conocb0
A6�bIRSWna
No[e:71�e tolal ta:amourn tices na indude ecciueA im«eb,penalUes,aM Mea eaaodeted wiN lala ariNOr aelirpuem tax paymems,il
appicede. Pleme conlact tM CouMy Tmewror fa NII paymenl i�Aarmetion.
v.nnon.r.spnaan Dab
Ass�sw/s w Dspury Aasassora Sqnafun Oite
Section iv: Decision of the County Commissioners
(Must Oa compl�bd H S�cWn III tlos�not apply)
)
WHEREAS.the Counry Commissioners of�i T3�/n; Counry, State of Colorado, at a duly and lawfully
called regular meeting held on��! 1 d' l�,at which meeGng there were present the following members:
• . + MaNh Ooy Yeer � � i
)
with no ice of such meeting and an o o[tuniry to be present having been given to the Petitioner and the Assessor
i
of said County and Assessor f b ingpiesent otpresen�and
/ � : N me
Petitioner(�� d�>il.�h:Tl� • /1.'%L" C°C � @eingpresent otprasen and WHEREAS,thesaid
Name
County Commissioners have carefully considered the within petition,and are fully advised in relation thereto,
NOW BE IT RESOLVED,that the Board rees doe ot agreeJ with the recommendation of the Assessor
and the petition be(approved–approvedln part enle � with an abatemant/refund as follows:
Year Assessad Value Tezes Abeta/FtefunC V r Assaeead Vel Texes ADate/Refuntl
C�alrp�raon of tM ��rd of C unty ommlubnan'Signature
I, � � " Counry Clerk and Exofficio Clerk of the Board f Counly Commissioners
in r e a oremenhone un , o hereby certity lhat the ahove and foregoing ord is truly copied from the
record of the proceedings of the Board of Counly Commissioners.
IN WITNESS HEREOF, I have hereunto set my hand and affixed the seal of said County
this � day of � / �q{��-,/���— �"� , �.
h " Vear � � � - � , ,
n a c' or D � C uMy Clark's SlgnaNro
Note: Abelements prealx Man 510.000 per xMGUb,per year,musl Ee submitled in Auplicale b tM Proparly Tez AOmnistrala/or reaiex.
section v: Action of the Property Tax Administrator
(FOr�11 abrtwnaMS qroab�than 570,000)
The action of the Board of County Commissioners, relative to this abatement petition,is here6y
❑Approved ❑Approved in part$ ❑Denied for the following reason(s):
Secretarys Siqnaturo Prope�ty T�AOministrato/S Signature Dete
1SDPT-AR No.920�68/11
o�: �� /5�-- �'��� j ��
�a�m o.y v�� r � `
PetiGOners Name: � 7 � l% '�� � C / �/�� �' �� / �
Petitioners Mai ing Address: �� �� -�i l / I�' /`
� � �' � C ���
C'r!Y Tam State Lp Code
SCHEDULE OR PARCEL NUMBER(S) PROP�RbY AD $S,OR DESC/vp'flpW pROPE
�G�� � �:C / � �/ � r7iJ � ,,� .�� > �,'��,_ �/ �.
�� �,� c��,� �, �'j f�,— �O
./_�� ��� i iir' i �l I� �� � . ��J
� � PI KIN�0� T,�
Petitioner requests an abatement or refund of the appropriate taxes and states that the taxes assess���,q�
desaibe�w�h�e taxes�have been�levied ert�oneousld w il �� �J�a incorteG for the fdlowing rea �.'� �
Y y ega y, ether due to erroneous valuafion, i u in
levying, derical ena or overvaivation, Attach additional sheets'rf ne�essary.) �
�J t , l� , �,� �,,- .��.-�-. �/,//��-�-
//%�'��Y-�i� r���� �.��� �.�3 , �� 71z� i /✓ r%= � G�'� �
IVOr�'� / ,U llJdc�� ,c��<��. �jc�i=�'�C,t> �/��_' ��u��i/—;/��
Tim � (�l�l-�q — i ��j �/�d�� ) i
/���'�'=�� �Sf,a� �/4 �'� /��6iL' � � ,�1�OlfQ� . �f��i;t�� �t� i
/�f I E s� !/i'G U� ;�/!��t/ ���� o c� c� _
Pstkioner's esUmate of value: ; �%'c/C�� ���J ��� and S C�Gj � � ���
Value� Year Value Year
I deGare, under penatty of peryury in the second degree, that this petition, together with any aocornpanyfng e#�ibi[s
or s ents, has been red of/kxamined by me, and to ihe best of my knoN4edge, informatia�and belie4, is
true ect, nd cum tq! /
/,/ �� /� �� � .
t � � � � � Daytime Phone Number(%%l� L'X �— �`J�/
Petttlonar's Sig awm � ' �� `
BY Daytime Phone Number( 1
�ge.�rs si9.awm•
"t.etw ot apsney must ne amcned wnen peUnon is submntea uy m agent
If fhe BoaW of Counry Commisaioners,pursuant to§3&10.174(1),C.R.S.,or Ihe Property Tax Administrator,pursuaM to§3&2-1 i6,C.R.S.,
denie5 fhe petitlon for rePond or ebetemeM of Wxes in whok or in part,Ihe Petitioner may appeal ta fhe Boerd ofAssessment Appeals pursuant
to Ne proviaiona of$39-2-125,C.R.S.,wiihin Mirty days of the entry of any such dacision,§39-10.114.5(7�,C.R.S.
n n: Assessor's Recommendation
�Fa Assassor'a Use Onty�
Tax Yqr Taz Vear
Acdwi A� jp� A� � �
Origlnal
Corrected
AbatNRsTund
❑Aasesaor recommends approval as outlined above.
If tha raqueat fir ebaOemeM is based upon the grountls oF overvaluation,na abeteme�rt or refu�M af taxes shafl be made iF an objection or protast
to aude valua6on has been filed and a NaGa oT pefe�minatlnn has been mailed to Ihe ta�ayer,§39-1 d114(1)(a)p)(D),C.RS.
Tu year.,�_Prdest? ❑No ❑Yes (M a pw�est was Bled,please atlach a
copy M the NO�.)
Tu ysar.�,�PrWsat9 ❑No ❑Ves (M a protast was flkd,pbase athch a
copy a(the NOD.]
�Assessor reeommends denial for the follo ng���n(s):
S f f ^� t�l.��� �
Appraiser Recommendation for an Abatement
Assessor Generated ❑
Taxpayer Generated`5$
To: Tom Isaac, Pitkin County Assessor
From: Scott Giddings
Date: 5/1/2013
Petitioner: NTC & O
Schedule#: R003922
Parcel #: 264321303007
The apprarser has completed a review of the referenced property, as of this date, and hereby
submits a recommendation as stated below:
Deny
Approve as Submitted
❑ AbatemenURefund Different than requested
Abatement for Year: 2011 Abatement for Year: 2012
Data collection period 7/1/2008 to Data collection period 7/1/2008 to
for ear#1: 6/30/2010 for ear#2: 6130/2010
Assessment Rate: 29% Assessment Rate: 29%
Tax Area: OD4 Tax Area: 004
Mill Lev : 47.093 Mill Lev : 47.777
Actual Value this ear: $ 650,000 Actual Value this ear: $ 650,000
New Value: $ N/A New Value: $ N/A
Assessed Value Tax Amount Assessed Value Tax Amount
Original value: $ 188,500 $ 8,877.04 Original value: $ 188,500 $ 9,005.96
Corrected value: $ N/A $ N/A Corrected value: $ N/A $ N/A
Refund: $ N/A $ N/A Refund: $ N/A $ N/A
The basis of this recommendation is: Compareble sales from sales collection period 71112008 to 6130/2010 with
adjustments for location,views, and utility support value of the lot. Because there were few vacant land
sales in the Brush Creek area the search for sales was expanded to Snowmass Village to gather more data.
Petitioner stated there were no sales from July 1, 2009 to Decemher 31, 2010, and while there were no sales
in Brush Creek, in order to provide supporting data expanding the search to a wider geographic area was
necessary to show compareble sales.Appraisal was submitted with date as of December 31, 2010 which is
outside the valuation period and was considered 6ut did not warrant substantial support of value reduction.
Recommend no adjustment to value.
Chief Appraiser Approval:
AssessorApproval:
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Kestern 31ope Appraiaal Service, Inc.
P.O. Box 1451
Haealt, CO 61621
970-963-0800
]"mrmhcr N,21117
eWetirc 51iG
1450 Sikc Kmg Drive
.Uprn CO
B1611
r,�ny- �3as�e.tfiva;.<
Asprn CdQada 81611
Bwrowc- MC d('()FAU AUS'17NE SI7'I"1'IRA
Fi1cNo.• 0122N3V�
GaeNo.- WA
Dea :A�rtioe 3iLL
In acmrd�rce w9h yar'eque4l ha�e pryad ao appaiY d6e,n1 pmyaly bralod at 138i hoipr Hill lkivq
A�pa4 Cnlorado.
7Lc pmpoee oftl¢appnmal a b povidc s apoim d�hc mrkri vaYe d Ae propnty du�r�'6ad n tl�e Aody of
Ih's repal.
Encloee4 Pleaee fud�e Summary Rcport r6ich 4scri6es onlam bb gal6ccd 8vu�g out invaligatian of the
P�Y. The mtllnds of appmd�aed ruw�e6 ie ihe vaM�aim aftlr vaiar physiral ad aoaamic ficbn af
tl�e subjeex popcny rc oapai�ed in tl�b npwt
M inspxlion of the property md a shdy ofpclmmt 6ctw�,�chdm6 vahWion 4rnds aM an analyte o(
neighborhood dat�,led the appnuc b�6e canclrioe tlol LLe w�hct vaA�e,r of Docember 31,2010 u:
SSOO.00D
7Lc opmian ofvap�e exp�uwd'e�tli's rtpal w mW�l upce tic liailog Cadiliar atlaclwd b Iltie�epaN.
Itha.6m�apkaivcbmit}au Iflmryhcdful6v.nvab�melheSNe.Pkac4lmelmm�.
Ropaclfullyeubmilbd. \ O
Wmton Sbpe Appraoal Smice.Inc. �\
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co caur�n�m acxaooi ia� \
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CU('cti6catim NCFt40015X7) (� ��
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��rx�n YI11�11'/I�UUfY11 ��w....�..
(�ponT� 506 E.MAIN ST., SUITE 201
PITKIN COUNTYTAX N�TICE ASPEN,COLORAD081617-2903
—6.�.r��— PHONE N(970)920-5170 FA7(i(970)920-517
r.us�u.aw�uc.ws�Et www.as n rtkln.caMU�s
� • • •�•
� �
Su6divisim:BRUSH CREEK VILLAGE Bladc 3 /� PITKIN COUNTY GENERAL FND 2205 -�.898 54�5'63
Lot 5 FILING 2 � COUNTY NBFM TRANSLATORS 0259 -0.11 B $48.82
\/'��"� CAUNTY ROADS 8 BRIDGES 0.162 -0.066 530.54
COUNTY HUMAN SERVICES 0.065 57225
HEALTHY COMMUNITY FUND 0.707 -0.003 513327
ASPEN AMBULANCE DISTRICT �204 -0.075 =�55
OPEN SPACE 8 TRAILS 3.796
PITKIN COUNTY UBRARY 1.336 -0.303 5251.84
� � � - ASPEN FIRE PROTECTION 1.455 527427
,.� j�'-�� BRUSH CREEK METRO DIST 20.928 53.94A.93
ASPEN VALLEY HDSPITAL 2.920 5550.42
SITUS ADDRESS: . qSpEN SCHOOL DISTRICT 9201 E1,734.39
1383 JUNIPER HILL DR COLORADO MTN COLIEGE 3.997 5753.43
PARCEL NUMBER:264327303007 COLORADD RIVER WATER CON 4.242 "0'0t2 $�.55
ASPEN HISTORIC PARK&REC 0.300
.�. _ � �
LAND 650,000 188,500
BUILDING
PERSONALPROPERTY
EXEMPTION-DISABLED VET.
OR SENIOR HOMESTFJID •n min ievy�s tne uz rate ce�St.000 o�essesaee ve�uation.
NET TOTAL VALUATION Witnout state iegislative funding your sclwol �MILLLEVY vuunuc
s�jQ,� 188,50D mill lery would have been: 11.0900 47.777 59,005.96
TA%qSTRICT �CCIXIMNUI.�ER iYPEOFPROPERTV - �
Oa7 R003922 Real
s4,502.98
IS YOUR ADDRESS CORRECT? �4,502.98
pleaae cheek the boa on Me coupon for changa of address. �R
� �
; Make checks payable to:Pfil(IN COUNTY TREASURER
�o Post-dated checks are not accepted.
If your real(not personal)p�opeAY texes will be paid by your
�°� NTC S CO mortgaga company,please do not duplicate payrtrent.
�w FBO AUSTINE STITT 1RA If you have sdd lhis property piease torward ihis statement
� 1450 SILVER KING OR to the new owner or reNm d�to this office marked�P�W��h'
�� ASPEN CO 8161 t-1047 sold'(aM induAe the name and address ot the new owner
N known).
PLEASE SEE REVERSE SIDE OF THIS /��/ RETAIN TOP PORTION FOR YOUR RECORDS.
FORMFORADDITIONALINFORMATION. T/"1/� NOTICE
R003922
CwnmTrmwnx'solFCe Pa�uaMa
2012TAXESDUEIN2013 accouwrwuMecu ��apps�r�m�.e.ryi�st�o
P�EASE USE vWa CANCELLED REfURN THIS CWPON WfTFf SECOND HAiF PAYMENT �
CHECK AS A RECEIPf.IF YW NEED A
SEPARATERECEIPfPLFASERERIRN 2nd Half Coupon - Due June 17
THIS COUPON AND CHECK HERE �
�f
-- � ,n j'1�h I N To pay by credit p►d: To pay by eheck:
II IIIIII IIII II I IIIII IIIIII��IBIIIIIII IIIIIN °r Retum ihis cou and make
�,uU NT� ^ i� !� � VISA �'edc for exact am�ount indipted
C;c�� � ' —`J -- below, PaYable to
vR003s12 TME�SUlEM 8�UBLIC TRUSiEE �sit www.officialpayments.com PffKIN COUNTY TREASURER
se3 Z �-. or ca111-800-2PAY-TAX 506 E MAIN ST, SUITE 201
BO AUSTINE STITT IRA vi� (Use Junsdiction Code t607) ASPEN,CO 81611-2903
W 1450 SILVER KING DR OfliCia�Paymentt,fhe 82rvICe provida�, Paymanta musl be in U.S.dollars and
ASPEN CO 81617-1047 Ch2fge5 a 2.5Yo f8ef0�d1i8 service. drawn on a U.S.bank
�o ��III�I���'I'I'�IIII�'llll��l�l���ll�l���'ll6�l�l�ll���������1�� ---
�� TAX AMOl1NT
K�
wW
O� SECONDHALFAMOUNT � E4��JOZ.9H
i O DUE BY JUI�E 17,2M3
R003922
. . ._ —.___' _"_"' _"' .___...__.___ CafectT�aalbYOn+qll�Y![i�•1�^bw ._
� Westem Sbpe Appnisal Servicq Inc. I INVOICE 11�082011 0122a3vX � �
P.O.Box 1�51 a'E ��� �"�
Basalt.CO 81621
970.96J-0S00
84-1528562
cn«K. Aus[ine S�tt
1450 Silver King Dnve
Aspen CO
81611
� Ta�
APPRAISALFEEFORSERVICESRENDERED � 500.00
PAID
Case Number�.N/A
Bortowec NTC&CO FBO AUSTINE STITT[RA
U831wiper Hill Drive
AspeR Colorado 81611
Brush Creek Subdivision,Block 6,Lat 2,Filing 1&Block 3,Lot 5,Filing 2
rar: t 500.00
t�n1 rou
Wu[em Slope Appraisai Service,Inc.
Western Slope Appraisal Service, Inc.
P.O. Box 1451
Basalt, CO 81621
970-963-0800
No�emhzr 8.201 I
Austine Sutl
1450 Silver King Dnve
Aspen CO
81611
r�oxm- isasi�a�wua��e
Aspeq Colorado 8161I
Bortower- NTC&CO FBO AUS7ME STC]'f IRA
FileNo.- 0122k3VX
Case No.- N/A
Dear :Aufine Snn
In accoMerce with your request,I have prepared an apprasal af the resl propem locamd at 1383 Juniper Hill Dnve,
Aspen,Colmado.
The purpose of the appreisal is to provide an opwon of[he marke�value of[he property described in Ihe body of
Ilus rePort.
EndosM,please find the Summery Repon which descri6es certain data gathered during our investigation of Ne
propeny. The metlads of approach and reasoning in the valuaaon of the vano�a ph}sical and aonomic fectors of
the subject properry are contaiMd in this repon.
An inspecuon of the propeny and a smdy af peninen[factors,including valuation trends and an analysis of
neighborhood deia,led�he appraiser to the<onclusion�ha�the market value,as of December 3I.?010 is�
T500 000
The opinian of value expressed in this report is con�ngent upoo the Limiting Conditiorts ettached m ihis repon.
11 has been a pleesure�o assisi you. If I may be of Cwther service m you in the fu[we,please let me know.
Respectfully submined.
Wescem$lape ApPreisal Service,Inc.
`/6�--"-' l i..-�--
�
D�Corcoran
CO Certifica[ion aCR4001 1423
CO Cenifica�ion nCR4oa I SR'_9
. . FIbNO. »a} �
SUMMARY APPRAISAL REPORT OF
THE PROPERTY LOCATED AT
U831wiper Hill Drive
Aspen,Coloredo 6161I
as of
December 31,?010
for
Ausline Sutt
Ii50 Silvcr I:ing Urivt
Aspen C()
Slhll
by
Westem Slope Appraisal Szrvice,Ine.
P.O.Box 1451
Basalt,CO 816?I
� � Summan�Appraisal Report
LAND APPRAISAL REPORT Fil�No p \r
emo�..r MC&CO f'BO AUSTINE STITT IRA c«oTnu 9b28 Mv�d -LL:in
�Y� 1383 Junioer H-II Driye _
� ch �yen �n Pi�kin �Colorado nowv 81611
t Vu+o�w�pm 'v' ' V
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i mr ar 6ur r� s4.7?7.84 1101 M� �awr e m o�M� cN/A �+��• N�p
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�Od�IONA��OI�FN15
awrawr«o.ai« NTC COFBOAUSTINESTIT�IRA _ ____
o�ao.mba�ne 1383 Jun- Hill Drive . _ _
�M cwnrv Pitkin _ ��e Colorado _ E��vtm� 81611
uneerorai.m
Scope o(the Appraisal
••'Please Note'••
The appraisal is a revoaaive repon with an effective date 12/31/2010.This was az the request o(the client and
for the function of the appraisal,which is for estate purposes.
The Intended User of the appraisal repon is the Lender/Client.The Intended Use is a evaluare[he propenp tha�
is the subject of tttis appraisal for estare purposes,subject ro the stazed Scope of Work purpose of the appraisal.
reporting requvemenu of tlus appraisal report fortn.and Definition of Market Value. No additional Imended
Users aze identified by the appraiser.
The scope of the appraisal is w estvnate the market value of the subjea propeny by: (1)a physical inspeciion o(
the subject property:Q)an inspection of the subject neighborhood and anelysis of reg�onal charaaeristics:(31
identifying the appraisal problem;(4)investigation of peninent data Gom available sources;(5)consideration
and analysis of physical,govemmental,social and economic factors to conclude the Highest and Best Use o(
the subject property;(6)extensive research of sold properties and cwrent listings from the Multiple Listing
Service(IvIl.S);(7)analysis of the selected wmparable sales and wmpeti�ive lisiings including verification o!
the reported da[a and confirmation 6om a second data source where possible;(8)considerazion and application
of the applicable approachzd to value;(9)fmal reconciliation;(10)reporting a defined value.
Definition of Market Value:Tt�e most probable price Wfiich a propeny stauld bring in a wmpetitive and open
market wder all conditions requisire w a(air sale,the buyer and seller,each acting prudently.knowledgea6ly
and azsucning the price is not affected by undue stimulus.
Neig66orhood
The subject property is sinated approximately 4 miles northeacl fiom ihe Snowmass slti and Village area,
approximately b miles nonhwesi o(downtown Aspen and close in proximity to the Highway 82 corridor.
Colorado Highway 82 is the major comdor between Incers�ace 70 and ski resorts of Aspen,SnowTnass,
Buttermilk and Aspen Highlands.The subject is close in proximiry to restaurants,shopping,the Aspen
Mountain ski are�the ski areas in and around�he town of Aspen and othcr recrcational amenities.The subject's
neigh6orhood boundaries are considered to include all similar single family vacant propeny sales and sales of
potential tear down homes or/and older homes within a 10 mile radius of downtown Aspen within Ihe last 12
months from�he effective dare of the report. Boundaries include;National Faest to tlie east,the town of Aspen
to�he south,ihe�own of Snowmass V illage to the east and the area of Old Snowmass to the nonh
The subject is situated outside�he town limits of Aspen and close in proxvniry ro the Aspen and Snmm�ass
Mountam ski areas,local restaurants,shopping,and other typical subwban ameni�ies. Aspen is a renowned
mountain town�ha�lies in the heart of�he Rcekies,at the foot of the Elk Mountain Range.Aspen was
discovered as a mining town,in the 1800's.Aspen grew quiekly,on iu wey to producing I/6 of the U.S.'s silver.
In 1946 Aspen Skiing Corporation was fortned.After hosting�he World Alpine Ski Championships in I950,
Aspen became recogtized as a world class slti area.Over the years,the neighburing ski rcsons of Snowmac..
Buttermilk,and Aspen Hip�lands were developed.Together they offer over 4,000 acres of skiable tertain,and
they record over one milliun skiier visits annually,according ro Colorado Ski Country USA. In addition to
recreation,a variely of eWtural instimtions and organi[ations exisl,such ai Ihe Aspen Institute,Aspen Center
lor Physics,Aspen cenrer for Emironmental Swdies,the Rocky Mounlain ins[iWte,The Glubal Change
Institute,and the Aspen Music Festival.These organizations host a multimde of conferences and events that
bring togelher wodd renowned leaders and students of government,educa�ion,and business.The area is
positively impacted by the local ski industry and the on-going construc�ion activity�hat has bem associa�ed
with the growth oFthe local economy.
Due ro ihe currrnt status our national economy,as well as more stringent restrictions on lending institutions,the
availabiliry ro bortow funds has become increasingly more difficule This has caused a subs�antial drop in sales
volume in Aspen m 2008 and 2009. Listing inventories continue to inerease and the market has become
extremely competitive.The Aspen market experienced rapidly increazing values txtween 2004 to�he beginning �
of 2008.Also,it dces appear,that there have been some"Spike"sales that closed speculatively high,when the
markel was more active.Based upon appreciation ra�es obtained between 2004�hrough 2008 many listings m
ihe area wxre pnced speculatively high,with the assumption thai similar appreciation rates woWd continue imo
lace 2008 and 2009.In general sales volume haz slowed considerably and the market hac become very
competitive over the lut 35+/-�nths.Listing inventories continue to increase,�hus resulting m more price
reduaions,wi�h some market segments experiencing declining values. Values within[he subjecis markei are
swggling ro s�abdize and current data indicates�hat values and aaive pncing are more consistent with values
expenenced in 2004-2005.Pitkin Counry,and Ihe subjecfs marAet area,is charactenzed by an increasingly
stable and prnuanem work(orce.Given the availabiliry�o(reaeational amenities that are very close in
proxirttiry to the subjec[,and Ihe demand for housing«i�hin the subjecfs markei segment,the subjec�
neighborhood provides convincing suppon for continued growth and(easibiliry'for residennal use.
Watem Slope Appfaisal Service.Inc.
, . vneHa. »k
ADDITIONALCOMMFHIS
Paee 2
eonowerorovmer NTC&CO FHO AUST WE STITT IRA _
vropeM�a�ess �3g3 i erHillDrive
��n As en �o��h PiUcin ��• Cobrado vo��> SI61I
LentlerorCnent AustineStitt
SItC
The AR-10 district is intended ro ucommodate small scale agriculmral activities and large-lot residential
development that maintains the wal character and appearance ofthe land.Because few agricultural acdvities
can be accomplished on a lot o£ten(10)acres,the majority of such land will be used for residenual uses.
Residential development should be clustered and/or grouped at the edges of valleys or wooded areas in order to
uiinimize the visual disruption of the nanual landforms and to avoid the appearance of unrelaied homes spread
randomly across Uie land.
Commenks on Market Data
i sales and listing were analyzed in determining the selection of wmparable properties for the market data
analysis.i'he three chosen were closed sales within the last 12 months and they were considered sufficient[o
develop an opuilon of value for the subject property.All three comparables sold with financing considered
typical of the market Comparables#2 and#3 were located about 3.5 miles southwest from the subject and
located neaz the base area of the Snowmass ski area.Although smalier sites than the subject property.site size
adjustments were considered unnecessary.This was based on the fac[that their desvable locations neaz town
arnenities and ski azea services were considered offset their larger sites and no adjustrnenrs were considered
necessary as a result In addition,the subject site is sceep and sloping and hac a limired usable and buildable sire
area.However Iocation adjustments were still considered necessary for the'u overall appeals to the market,
which were calwlated at 20%of their sales prices.The necessary adjustrnenls for location were estimared and
detennined by conversations with Realtors in the area and analysis of vacant land sales H�thin local MI.S.
Considera[ion was given to each comparable in the final opinion of value,with most weight given to
comparable#I based on the fact that it was located within the su6jecPs immediate neighborhood.
Additional Comments
At the time of'inspectioq the subject was not under contract nor were there any pending contracts disclosed.
The subject has not sold within the last year ttvee years(per County Assessor/MLS).
Wes[em Slope Apptaisal Service,Inc.
� FJ�NO 90
PHOTOGRAPH ADDENDUM
Bonavwr«ow�x NT OFB AU TME TI77IRA
rrope�yraa�eu 1383 Junipzr Hill Driyz. .
a�v n.pen =:,��rv PuAin _ �a�+ Colomdn zwcm. 81611
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PHOTOGRAPH ADDENDUM
eunvw..w o.n« NTC&CO FBO AUST[NE STI7T IR.A _ _ __ .
o�opeMba�ne �3g3 Jurt oer Hill D(ve _ . .
c,ry A�n co�mv P�d�n ��e Colomdo zmceae 61611
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VIEW FROM SUBJECf
Westem Slope Appreisal Servic<,Inc.
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PHOTOGRAPH ADDENDUM
eonnwr«onn« NTC FB AU TIN ITI�IR.4 __ � __ __ . _
nw.mwa�«. 1J83Jun'cerH�I1Dr- _ _
cm .\s�nn c�Kr P�Ic � Colondo nocm. 816I1
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COMPARABLE#1
I I BS Jwiper Hill Dnue
Aspen CO 81611
Ria 5750,000
Price/SF 703,643.7?
_� DateC�04/il/10,S:OS/I4/10
! a Sita Area 'L47 Acres'Sfmflar
� idue lodKa�be S>�0.000
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COMPARABLE#2
325 Gambel W ay
Srwwmass V illage CO R 161 i
�
Rme 5700,000
__��� PricdSF 1.891.89L87
DateC'06/11/10,S�.07/09,�10
Sice Arq 0.J7 Acres�lnferior
VJwleAiauo� $560,000
COMPARABLE#3
I xv Gambel Way
tinox�mass V illage CO 81615
Rice 5635.000
- Rice'SF 2,048,387.12
DateC�.07/02/10,5:07/29/10
3rte Fvea 0.31 AcresMfenor
r'.m<�nak.rio. 5508,000
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CONTINGEVT AND LIMITING CONDITIONS: 1ne�p�ver��v/r.�eo�m�eops�rs u me wn�+�++i�eow�
b�ueNCt m u�a tawwiu�aiuons:
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rw M� Kawi e nduESO onN b uvst ma resex ol rtw rspa� in viw�IlznY ma P�MM' rW unAwsWWn9 tl�e
•pprw.r.ewminanon a a ss..
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ieenCME Bp�ti�l FboE H�xW Naa. Bauusa tlw �ppraiw u nd a aurvsyar. he w at�e mNes m 0�+��+.
a+mn��w im0I+0.nGUainY mr aa�a�minaeon.
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yuastlon.unMSS y�tilk Yrt�np�mnb b Eo ao M1aw Eaan nWS Wb�lMnE.
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M o/ Yi� D�cama a�wa o/ Eump Me nMmtl naumli Involwtl n perM�inq tlfs pqaiNl. l.V�bu oNnv�» �IaYE
n me apprrW npon. Ns apprrur �n no xnw.xCya ol enY ��M a un�ppu�nt con�eone of ma propeny or
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Opp��IW iepwt m�rt nIX W con W�rM u�n�nN'onm�nW�sfafsnianl of tM OAG�HY.
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bwm�n�ponMLlWy Aot N��ccurKry�aucli�ema Tal wan NmiMeE OY a�PNMS.
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6OnEYE�d RoM1nional MVrawl HvAu
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npon �n MvWula tlM appralaal rpM (NduEinp mntluaane aDwt tlie ProPSM valw, Ne apPniaafs Nanery
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vuu�ar: raiwlunn: P���Y a00ruaal orp�nisa0ona: �ny atata w bUmaW apOrovsO Man�al InMUOOn'. « sny
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Ne bntlerhJisn� may CuttlDUa Ns property Oawpeon eaceon W Na ropM ony m aala cdbcem w repatnp
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puDlk M�tlms.nwvs,f W�.w otlier matlu.
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W tlw alle tire Evb W tl�ia e00raieal. vril� IM ameFUOn d tln EeP�re Protiaion M Y�ose SbnOartls. v.nid� eaes
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nsp�EMiooE wctla�oI tl�u�apn4 unbsa I�ave oMerniae lbbE in Na��ca�tllaUOn femon.
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IIaW as wrryeraEba in Ms apOreise� �epart. � (uTx uNly Ta� I luve nob0 enY Wpa�+t w MwT +EVene
wnEi4ons n Me wDpa vnpmvsmenb, m me subpa airo, d on any ab NiMN Via immenla�e �ndNy d tl�e
wEpW prOpsily d w1�iW I am awara anE Mve m�tle a0lusMmlf !or 1Maa aUVSae mnCNana n mY anaysi5 of
M p'opeily vWUa m Ns erten� M � nad maikat eManca b wpport Mnn. I neve aW canmenbE aEOUf iM
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peRam�eC M M�m in Ne remndfelion �On d Tu +PVraisal nV�. I mMY Nal anY /MrviEUY w nonie0 n
pualiM1eE W psMwT Ne taske. 1 �aw nd euMw¢eE anyone W nuke a d�Mp! p eny ilam � tl�e rpwt M�enNre.
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SUPERVISORY:IPPRAISER'SCERTIFICATION: nes��msoy000nixra+urbamaappra�repon.neor�ne
eeruRea �na pewe mac i a'vsay wperws ma aPP� � oieoaree Ta aPV��o� �+0�. na.e rcNewea me appraeal
rpon. piw wM Ne am�emann anE conclu�ona M Ne eppaiser. eprea b Ce Eauntl EY �e aOP��rs ceraeaEOns
numEenE 0 tl�roup�]Wow,anE am tekhB�+�roapmsle¢iry f«Na appraxl anU O�e appraoN npon.
ADDRESS OF PROPERTY APPRaISED: 13g31unicer Hll Dnve Ascen Colorado 8151 I
APPRAISER: SUPERVISOR\'APPR4ISER c«+i��a��r
5P„n„e: �l ��_ Sv�ave:
�+�+e: Daniel COrwran �'+�e�-
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WeSlem Slope Appmisal Service,inc.
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STATE OF COLORADO
Department o#Regulatory Agencies
Division of Reat Estate
Active PRINTED ON SECURE PAPER
Cert Residential Appraiser
40011423 Jan 1 2009 Dec 31 2011
� Number � Issue Date ( E�ires
� DANIELJ CORCORAN
' ASPEN.CA 81612
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Program Administrotor Licensee Signature
Westem Slope Appreisal Service,Inc.
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W es�em Slope App�sal Smice,Inc.
Pitkin County Treasurer
Aaa�t Pa�cel N�6e Raxipt I�te Effwtive Dabe Receipt N�mb�
R003922 264321303007 SepIR, 2012 Ju131, 2012 2012-09-18-21-91882
NTC&CO
FBO AUSTINE STITT 1RA
1450 SILVER KING DR
ASPEN,CO 8I611
.............................................................................................................................................
Sitna Addroea Psya
1383 JUNIPER HILL DR NTC& CO
FBO AUSTINE Si ITT IRA
1450 SILVER KING DR
ASPEN,CO 8161 I
LepplDe�aiPaon
Su6division: BRUSH CREEK VILLAGE Block: 3 Lot: 5 FIL[NG 2
Piope�ty Code Ac4ial A�eaaeed Yar Aroa Mill Levy
VACANT RES LOTS-OI00 650,000 188,500 20l l 041 47.093
Psymertb Received
Check $9,143.35
Check Number 104
Payor ROBINS KENDRA BCP AGENT
�APP�
Year Charges Billed Prior Payments New Paymenu Balance
2011 lnterest $26631 �0.00 $26631 $0.00
2011 Tax Charge $8,877.04 50.00 $8,877.04 $0.00
$9,14335 $0.00
Halmce Due ea ofJu131,1Al2 50.00
ALL CHECKS SUBJECT TO F1NAL COLLECT[ON
THANK YOU-P[TKIN COUN'CY TREASURER
506 E MAIN ST, STE 201
ASPEN,CO 8161 I
NOTICE OF DETERMINATION
ON PETITION FOR ABATEMENT OR REFUND OF TAXES
BOARD OF COUNTY COMMISSIONERS
PITKIN COUNTY, COLORADO
Date: June 19, 2013
Petitioner: NTC & Co f/b/o Austine N. Stitt Schedule No. 3922
145D Silver King Drive
Aspen, Colorado 81611
Dear Petitioner(s):
Pursuant to CRS 39-10-114, you have requested that the Board of County Commissioners (80CC)
consider your petilion for abatement or refund of taxes
• At a meeting held on June 18, 2013, it was the decision of the BOCC to :
� Approve abatement as requested
� Approve a partial abatement
� Deny the petition for abatement—Resolution copy attached
Further appeal procedure; If the Board of County Commissioners (CRS 39-�0-114(1)) or the
state property tax administrator(CRS 39-2-116) denies the petition for refund or abatement of taxes in
whole or in part, the petitioner may appeal to the Board of Assessment Appeals (1313 Sherman St, Room
315, Denver, CO 802D3, 303-866-5880) pursuant to the provisions of CRS 39-2-125 (�within 30 days
from date of the BOCC decision. For further information regarding the Board of Assessment Appeals
you can visit their website @http://www.dola.colorado.gov/baa.
. Refund, if applicable: If an abatement petition was approved in full or in part, the assessor will adjust
his records accordingly and the treasurer will process a refund if the taxes were previously paid.
g�boct�bce�abatementde nia l n otice2010.doc