May Real Estate & Tax Assessments

May Real Estate & Tax Assessments

May News

Property tax assessments went up just a little this year and in response we have been busy pulling comps to counter and help our clients. If you need any help understanding your assessment please let us know.

Here are a few things to note about this year’s assessments:
  1. It’s hard to say that your property value has not increased from June 2020. YOY increase in Boulder was over 30-50% in most cases. Unfortunately, the reality of your assessed value is probably not too far off.
  2. Values were based on June of last year. Many people are saying their Zestimate or search engine value is below. The newer value has in many cases gone down a bit since then and is now almost a year from when the valuation was completed. Therefore, if your home decreases in value, this will not be felt until the next assessment in 2025. 
  3. Search engine values are often not very reliable or accurate. 
  4. Comparative sales need to be area specific and date specific. Here is a time trends table to convert a comparative you have found 
  5. This tool found here allows you to see the comparable sales used to value the current assessment of your property. 
  6. June 8th is the deadline for all appeals.
  7. Keep in mind that for every $50,000 of your home's value you win in an appeal, it is approximately $314 savings. ($50,000 X .06765 Assessment Rate X .093 Mill Levy)
Boulder County Metrics:
Boulder (and Colorado) real estate still remains hot and now is a great time to take advantage of market variables that are in your favor. Taking a look at this month's stats, you can see that Months Supply is up to 2.2 and a full month higher than last year at this time! Also Average and Median Sales prices are down almost 13% and 5% respectively from April's fiery marketl of last year and 3% and 1% for the year. Days on Market is still up and almost twice as long as last year. 
Colorado Association of Realtor's Market Summary - Boulder
Colorado Association of Realtor's Market Summary - Denver Metro

Welcome our new Associate Broker Britt Kelland!

We are so happy to have Britt join our team. Her hard work and passion for people and Real Estate fits our company mission perfectly. 


Growing up in several small towns and working my way through college as a customer service professional, I understood the importance of customer service. I understood the value of putting the clients’ needs first.  I ran a wedding photography business, traveling the world documenting beautiful love stories for over 10 years. I was honored to be apart of such a significant milestone in peoples’ lives.
As a Real Estate Agent, I’m honored to continue helping my clients with another milestone: Finding their dream home. I am committed to listening to my clients’ needs, being communicative and detail-oriented, and negotiating strategically to ensure a successful transaction. 
When it comes to my clients, it’s not just about the sale of a home. It comes down to what do you really need and how can I be of service as you adjust to the Front Range area, lifestyle and market here. I’ll be alongside you every step in this process.

History of Taxation

The concept of taxation has a long and complex history that dates back to ancient civilizations. Here's a quick overview of how taxes came to be:

  1. Ancient Civilizations: Taxation can be traced back to ancient civilizations such as Mesopotamia, Egypt, and ancient Rome. These early societies imposed taxes to support public infrastructure, fund wars, and finance the ruling class. Taxes were often collected in the form of crops, livestock, or labor.
  2. Feudal Systems: During the Middle Ages, feudal systems emerged in Europe. Feudal lords collected taxes from peasants in the form of goods or services. These taxes were used to maintain the lord's military and economic power.
  3. Early Modern Era: The rise of nation-states and the centralization of power led to the establishment of more structured tax systems. In the 16th and 17th centuries, European countries introduced various forms of taxation to finance wars and maintain standing armies. Taxes were levied on land, trade, imports, and wealth.
  4. American Revolution: The issue of taxation played a significant role in the American Revolution. Colonists in America were subject to various taxes imposed by the British government, such as the Stamp Act and the Sugar Act. The slogan "No taxation without representation" reflected the colonists' discontent, leading to the American Revolution and the eventual formation of the United States.
  5. Industrial Revolution: The Industrial Revolution brought about significant economic changes, including the shift from agrarian societies to industrialized economies. Governments introduced new taxes to fund infrastructure development, social programs, and the military. Income tax became more prominent during this period, as countries sought to generate revenue from the growing wealth of individuals and businesses.
  6. Modern Taxation: In the 20th century, income tax became a primary source of revenue for governments worldwide. Governments also expanded their tax bases by introducing various forms of taxation, including corporate taxes, sales taxes, property taxes, and payroll taxes. Taxation policies have since been used to promote economic growth, redistribute wealth, and fund public services and welfare programs.

It's important to note that the specific methods and rates of taxation have varied widely throughout history and continue to do so today. Taxation remains a crucial aspect of modern societies, serving as a means to fund government operations and provide essential services to citizens.

Featured Properties:
Under Contract: 451 Golden Cir 307, Golden, 80401

Property Description:
Yes! This 3-bedroom, 2-bath condo is nestled against the Golden foothills for quick hikes, easy jaunts to downtown Golden and jog/walk/bike 2-miles to Colorado School of Mines. The primary suite is spacious with a private, full, 3-piece bath, and walk-in closet. The other two bedrooms share the second full bathroom. Perfect floorplan for so many living situations. Living room, dining space, and kitchen are open and create wonderful communal spaces. A large 3rd floor balcony adds space and light directly adjacent to the living room. The in-unit laundry room includes washer and dryer, plus storage. The entire unit was recently painted and professionally cleaned. Two-reserved parking spaces and plenty of visitor parking with close-up convenience. Golden Ridge complex features: fitness center/gym, indoor pool, clubhouse, library, billiards, theater room, hot tub, and seasonal outdoor pool. HOA pays for heat, water, trash, exterior insurance, and snow removal, easing the monthly overhead. Both beautiful and functional this location enjoys mature landscaping, lush courtyards, and private pond. You can also walk or bike a short distance to bus and light rail, as well as drive quickly to I-70, 6th Avenue, and C-470. Golden Ridge Condos is a GREAT place to live! 
Broker Remarks:
We are proud of our boutique brokerage and the ability to win contracts and provide exceptional service in this unbelievably competitive market. With almost all of Boulder's brokerages being national and part of a big brand, we are one of the few small, family-owned, local real estate brokerages left. We promise to provide you the highest level of service and complete knowledge of the local market place.

The only way we are able to continue to grow is through our client and friend referrals. Thank you for trusting us, and please keep the referrals coming. We appreciate it more than you know! We want to be the best agents we can be for you and will continually focus on creating value and a superior experience for our clients. 

Please contact us any time and, as always, thank you for choosing us as your trusted real estate experts!
Sandrock Real Estate
Real Estate Professionals
Office: 720.704.1769
Mobile: 303.249.5599
[email protected]
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