Tax Assessment Appeals

Appeal Your Assessment: Download the PDF's Below

In Colorado, the County Assessor must re-value property in every odd numbered year.

From the Adams County Assessor website;

Notice of Valuation

The legislature requires that all property in the State of Colorado be re-valued by County Assessors in every odd-numbered year (2011). This notice reflects the change in the market value of your property from the appraisal date of June 30, 2008 to June 30, 2010. Your actual value is determined after careful analysis of data derived from the marketplace between January 1, 2009 through June 30, 2010.

YOU HAVE THE RIGHT TO PROTEST YOUR REAL PROPERTY VALUE OR ITS CLASSIFICATION

If you disagree with the "current year actual value" or the classification determined for your property, you may file a protest by mail or in person with the County Assessor.

You must protest to the Assessor either by mail or in person no later than June 1st in order to preserve this right.

Opportunity for 2-4 Unit Owners

This offers the opportunity for 2-4 unit income property owners to protest their assessment and lower the tax amount. Lower taxes and expenses increases the Cash Flow and Net Operating Income which in turn adds value to the property

Last time around, I helped a Jefferson County duplex owner Protest his assessment. We were able to get the duplex assessment reduced $78,830 with info obtained from my comparable sales report! After receiving the Notice of Value, which are to be mailed out no later than May 1st, the owner should compare the re-evaluation to the list of comparable sales for the proper time frame. Jan 2009 – Jun 2010.

If you find a discrepancy, follow the directions with the Notice or from your counties website to appeal. It is best to do it in person, as quickly as possible and to always stick with the process to the end.

Below is an explanation “What to Expect After You Appeal” from the Jefferson County Assessor website

If you appeal, we will mail you a Notice of Determination by the last working day in August. This notice will show the adjustment to value, if any, made by the Assessor's Office and explain how to appeal to the County Board of Equalization (County Commissioners) if you are still dissatisfied. The appeal to the County Board of Equalization (CBOE) must be filed by September 15. The CBOE meets July through October. They must conclude their hearings by November 1 and notify petitioners of their decision within five working days.

If you wish to appeal a decision of the CBOE, you must do so within 30 days of their decision. Your options are described on their response to you.

To get started, use the Links below to get to the 2-4 unit comparable sales of the County of your property. Peruse the SOLDS to see if you have a reason to appeal! If you do, follow the instruction. If you have any questions, feel free to contact Keith.

Tax Assessment Appeals

Appeal Your Assessment: Download the PDF's Below

For more information from the specific counties, try the links below.