inapproraite and early closing of online Real Property Value

[cindipeck fourwings.net]

The online protest tool is closed inappropriately too early.

Here is screen shot this morning.   Please answer this question, last night after weeks of searching for comparable sales and with the intention of doing an emailed submission of my written data with a letter I found the online protest process had at the bottom of second screen the comparable sales the county used.

What does the term in the fifth column mean? "Time Adjusted Sales Price"

Thank you for your immediate attention to this matter and question.

Cindi 
970-234-5393

[Catharine Fallin]

Hello, Cindy

We sincerely apologize for the technical malfunction of our online property protest tool. It has been fixed. 

Please go to https://apps.larimer.org/assessor/protest/ to submit your property protest. If you are unable to access the system, please email your protest to LCAss...@larimer.org and include your Account number or Parcel number in the subject line. 

Best regards,

Catharine

Catharine Fallin (she/her) Administrative Coordinator Office of the Assessor 200 W Oak St, Fort Collins, CO 80522 | 2nd Floor Office: (970) 498-7050 I Direct: (970) 498-7112 fall...@larimer.org | www.larimer.gov/assessor

We welcome your feedback: Customer Satisfaction Survey

[Lisa Thieme]

Hi, Cindi!

The above email was forwarded to our office yesterday.

You had reached out to Commissioner John Kefalas of the Board of County Commissioners.  That is a separate elected office.

Your protest for parcel number 98011-09-008 was received via email on June 8, 2023.  All owners who filed a protest will receive their Notice of Determination (NOD) by US mail in the first week of July.  The NOD's will also be available online.  Please let me know if I can answer additional questions.

Thanks!

Lisa Thieme (T-me)

Director of Assessment Administration

Larimer County Office of the Assessor
970-498-7097

We welcome your feedback: Customer Satisfaction Survey

On Fri, Jun 23, 2023 at 6:47 PM John Kefalas <kefa...@co.larimer.co.us> wrote:

Hello Cindi,

My hope is that the Assessor's Office responded to your inquiry about the "time adjusted sales price" in a timely manner. The June 8th deadline is a decision of the Assessors Office based on state law requirements. They continued to process appeals that were received by the deadline up until this week. Here is an explanation of the "TASP" from the Assessor's FAQ page, and the study sales period is July 1, 2020 - June 30, 2022 (24 months). https://www.larimer.gov/assessor/faq.I am really sorry it has taken me this long to respond; was on vacation and emails sometimes get temporarily lost in my inbox.

1. What is a "Time Adjusted Sales Price" or "TASP"?

According to Colorado statute, market data must be analyzed in every reappraisal cycle to determine property values. The minimum amount of data is set at 18 months prior to the appraisal date (June 30 of the previous even-numbered year). The maximum amount of data is 60 months prior to that date. Assessors are required to recognize the trends or market changes over that time and adjust all sales to the appraisal date. The actual value assigned to residential properties in 2023 and 2024 is based on market values as of June 30, 2022, as defined by sales of residential property in the 24-month period from July 1, 2020, to June 30, 2022. All sales are trended to the end of the data collection period.

	John Kefalas County Commissioner, District 1
	Commissioners' Office 200 W Oak St | 2nd Floor PO Box 1190, Fort Collins, CO 80522-1190 W: (970) 498-7001 Cell:  (720) 254-7598 jkef...@larimer.org | www.larimer.org