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HomeMy WebLinkAbout951569.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO PETITION OF: DEMING ROBERT W 4471 PEAKVIEW ERIE, CO 80516 DESCRIPTION OF PROPERTY: PIN: R 5710586 PARCEL: 146709103010 - SA -10 S400.46' OF THAT PT L10 SCOTTS ACRES BEG AT SE COR L10 THENCE W646.8' M/L NOD02'W 741.7' M/L ELY 647.05' M/L SOD05'W 741.7' (5.95A M/L) L -B REC EXEMPT RE -222%4471 PEAKVIEW% WHEREAS, the Board of County Commissioners of Weld County, Colorado, organized as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 1995, and WHEREAS, said petition has been heard before the County Assessor and due Notice of Determination thereon has been given to the taxpayer(s), and WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's valuation for the year 1995, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, in lieu of the hearing scheduled before the Board of Equalization a Stipulation was agreed upon by the Assessor and said petitioner(s), and WHEREAS, the petitioner(s) and the Weld County Assessor agree that the assessment and valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows: ORIGINAL ADJUSTED Land $ 53,550 $ 40,163 Improvements OR Personal Property TOTAL ACTUAL VALUE 99 077 99.077 $ 152.627 $ 139.240 951569 AS0032 RE: BOE - DEMING ROBERT W Page 2 WHEREAS, said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County Assessor and the above -named petitioner(s) be, and hereby is, accepted by the Board. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 3rd day of August, A.D., 1995. BOARD OF COUNTY COMMISSIONERS ATTEST: Weld Courit"y Cferk'to fhe Board BY C". APPROVED AS TO0NOFM: • �'{ � i �tv Attor ev COUNTY, COL,rdRA Dale K. Hall, Chairman FXCIJSFn Barbara J. Kirkmeyer, Pro -Tern J 'r«d 3 Deputy CCerk'tooard FXCIJSFn George E. Baxter hstance L. Harbert ' f;, W. H. Webster` 951569 AS0032 1995 BOARD OF EQUALIZATION WELD COUNTY, COLORADO ASSESSOR'S PIN NUMBER 5710586 STIPULATION (As to Tax Year 1995 Actual Value) RE PETITION OF NAME: ROBERT W DEMING ADDRESS: 4471 PEAKVIEW ERIE COLORADO 80516 Petitioner(s), Rnhprt W flpming and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 1995 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. The Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as. Pt Lot 10 Scotts Acres 2. The subject property is classified as RESIDENTIAL property (what type). 3. The County Assessor originally assigned the following actual value on the subject property for tax year 1995 Land Improvements Total $ 53,550 $ 99,077 $ 152,627 4. After further review and negotiation, the Petitioner(s) and Weld County Assessor agree to the following tax year 1995 actual value for the subject property: Land $ 40,163 Improvements $ 99.077 Total $139,240 5. The valuations, as established above, shall be binding only with respect to tax year 1995 U. Duel narrative as to why the reduction was made- Asiusted land for size 7. Both parties agree that the hearing scheduled before the Board of Equalization on (date) at (time) be vacated; or, a hearing -has not yet been scheduled befor the Board of Equalization (check if appropriate). D TED his /7 18 day of July 1995. am -Petitioner(s) or Attorney Petitioner(s) or Attorney Address: Address: 7j , Gc u) Telephone 31-93-g1g- 3/ z Telephone County Assessor 1400 N. 17th Avenue Greeley, CO 80631 (970) 353-3845, Extension 3650 111111k COLORADO July 17, 1995 DEMING ROBERT W 4471 PEAKVIEW ERIE, CO 80516 CLERK TO THE BOARD PHONE (303) 356-4000 EXT.4218 FAX: (303) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 146709103010 PIN No.: R 5710586 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Tuesday, August 1, 1995, at or about the hour of 11:15 A.M., to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Centennial Center, 915 10th Street, Greeley, Colorado, in the First Floor Hearing Room. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor will be present before the Board. The Board will make their decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be -in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 10, 1995, add mailed to you on or before August 16, 1995. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. At least two (2) working days prior to your hearing the Assessor will have available, at your request, the data supporting his valuation of your property. DEMING ROBERT W - R 5710586 Page 2 Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION Donald D. Warden, Clerk to the Board BY: AA .41--(9M1 Carol A. Harding Deputy cc: Warren Lasell, Assessor NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY, COLORADO 80631 PHONE (970) 353-3845, EXT. 3656 COLORADO DEMING ROBERT W 4471 PEAKVIEW ERIE SA -1O S4OO.46' OF THAT PT LIO SCOTTS ACRES BEG AT SE COR L1O THENCE W646.8' M/L NODO2'W 741.7' M/L ELY 647.05' M/L SODO5'W 741.7' (5.95A M/L) L -B RFC EXEMPT HE -222%4471 PEAKVIEW% 4471 PEAKVIEW OWNER DEMING ROBERT W CO 80516 ST SCOTTS PARCEL PIN 05/25/1995 YEAR LOG 146709103010 R 5710586 1995 03082 The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has determined that your property should be included in the following category(ies): RESIDENTIAL PROPERTY IS VALUED BY CONSIDERING THE MARKET APPROACH, AGRICULTURAL LAND VALUE IS -DETERMINED SOLELY BY THE EARNING OR PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A RATE SET 8Y LAW, ALL OTHER PROPERTY, INCLUDING VACANT LAND, IS VALUED BY CONSIDERING THE COST, MARKET, AND INCOME APPROACHES. If your concern is the amount of yourpropertytax, local taxing authorities (county, city, fire protection, and other special districts) hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts, and plan to attend these budget hearings. The Assessorhascarefully studied all available information, giving particular attention to the specifics included on your protest and has deter- mined the valuation(s) assigned to your property. The reasons for this determination of value are: THE ACTUAL VALUATION OF YOUR PROPERTY HAS BEEN ADJUSTED BASED UPON THE ADDITIONAL INFORMATION YOU HAVE PROVIDED, PROPERTY CLASSIFICATION PETITIONER'S ASSESSOR'S VALUATION ESTIMATE OF VALUE ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND IMPS 53,550 99,551 53,550 99,077 TOTALS $ $ 153,101$ 152,627 If you disagree with the Assessor's decision, you have the right to appeal to the County Board o qualization ff or urther conslderatton, 39.8.1O6(1)(a), C.R.S. Please see the back of this form for detailed information on filing your appeal. By: WARREN L. LASELL WELD COUNTY ASSESSOR 06/02/95 15 -OPT -AR Af1flIT inn' Al IN Cnnwn_niY+wi.+wl mr1. �..^� ^•^^ F ncm R a.snl.a7 ,n n DATE 28 TO PRESERVE YOUR APPEAL. RIGHTS, YOU MUST. PROVE YOU HAVE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING,. $,. PETITION TO THE CCA.3N- lr Uc)ARD OF EQUALIZATION In the space below. please explain why yo;1 diSat rc!;t wain ;era: Assessor's valuation. IN ACCOF DANC;r. WfTH 39-8-106(1.5). C.R.S4 YOU MUST STATE ''OUR t';t'!≥.;Iti= i •V VALUE IN TERMS OF A. SPECIF:O DOLLAR AMOUNT, Attach additional documents ;V) ritEfCeS: Lv jG M1,2 , e'er (Y,,`deeD 424o 4S /' /e,2 %04) Sa /T ,Ama -3 6l sued,�� SIi,NATURE. OF ►'.ETITIONER /A 7&J6D /S cexr>') pa/2._ DAT-/4AW/S/16 elm 4 / .517/03-86 PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND IMPS 53,550 99,551 53,550 99,077 TOTALS $ ... , $ 1%3110 1 $ 152,1127 If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization -for further consideration, 39-8-106(1)(a). C.R.S. Please see the.. back of this form for detailed information on filing your appeal. By: WELD COUNTY ASSESSOR 15- FormPPR-207-a 7/94 '�,. ADDITIONALINFORMATION ON REVERSE SIDE WARREN L. LASELL 06/02%95 DATE APPRAISAL OF THE PROPERTY LOCATED AT 4471 PEAKVIEW STREET ERIE, CO 80516 as of AUGUST 21, 1992 for SERVICE MORTGAGE CORPORATION 5290 E. Yale Circle, #210 Denver, CO 80222 by DONALD G. HAMMOND & ASSOC. 16 Mountain View Ave., Ste.111 Longmont, CO 80501 Ern FA oa a,lo uu_ US9 -U^'IVY ttralutIV I ON\L HI' r nMio mt. near Lit Property Address 4471 Peakview St re Census Tract 20.00 LENDER DISCRETIONARY USE County State CO Zip Code 80516 Sale Price $ i?5 City Erie Weld Scotts Acres --Metes and Bounds Thereaftr Date Legal Description Part of Lot 10 Map Reference NSA 1125 Mortgage Amount $ Owner/Occupant Robert W. Deming Sale Price Date of Sale N/A PROPERTY RIGHTS APPRAISED Mortgage Type d Refi. Loan charges/concessions to be paid by seller $ N/A Iii Fee Simple Discount Points and Other Concessions C R.E. Taxes $ Tax Year 1991 HOA $/Mo. N/A I I Leasehold Paid by Seller $ 1166.68 Lender/Client Service Mortgage Corporation Condominium(HUDNA) Denver CO I De Minimis PUD Source .R, !;(y. , LOCATION BUILT UP GROWTH RATE PROPERTY VALUES DEMAND/SUPPLY MARKETING TIME ❑ ❑ ❑ ❑ Urban Over 75% X X x x X X Suburban 25-75% Stable Stable In Balance 3-6 mos. ❑ ❑ ❑ Rural Under 25% NEIGHBORHOOD ANALYSIS Good Employment Stability Convenience to Employment Convenience to Shopping Convenience to Schools Adequacy ol-Public Transportation ❑ ❑ ❑ N Avg. X X F Lx 0 Fair ❑ ❑ ❑ ❑ N Poor ❑ ❑ ❑ ❑ E PRESENT LAND USE % Single Family 50 LAND USE CHANGE Not Likely X PREDOMINANT OCCUPANCY SINGLE FAMILY HOUSING PRICE AGE Recreation Facilities Adequacy of Utilities X [X] ❑ ❑ ❑ 2-4 Family Likely Owner X $ (000) (yrs) Property Compatibility ❑ 111 ❑ ❑ a Multi -Family In process Tenant U 70 Low 10 Protection from Detrimental Cond. IN [II ❑ < . Commercial To: Vacant (0-5%) LI 150 High 25 Police & Fire Protection I I x ❑ ❑ p Industrial Vacant (over 5%) P1 Predominant General Appearance of Properties ❑ X ❑ ❑ Iq Vacant 50 100 15 Appeal to Market ❑ Ii ❑ ❑ Note: Race or the racial composition of the neighborhood are not considered reliable appraisal factors. COMMENTS: The subdivision is located east of Erie approximately 7-8 miles southeast of Longmont and 2 mi. west of I-25. The area has good access via state and county maintained roads. The area is built up with residential properties on small acreage lots. Most residents commute to work in Longmont. Boulder, or Denver. The sub. has average appeal. Dimensions Topography Basically Level Irregular Site Area 6.00 Acres +/- Corner Lot No Size Typical For Area Zoning Classification A-(Agr-typical for area Zoning Compliance Yes Shape Irregular HIGHEST & BEST USE:Present Use Present Use Other Use None Drainage Adequate UTILITIES Public Other SITE IMPROVEMENTS Type Public Private View Good westerly view •,S Electricity X S Street Asphalt X Landscaping Typical For Area 1i f: Gas X ❑ Curb/Gutter ❑ Driveway Gravel Water Well Sidewalk Apparent Easements p.U.E. Sanitary Sewer Street Lights FEMA Flood Hazard Yes' No X Septic Storm Sewer I I Alley ❑ ❑ FEMA'Map/Zone 080266 0975 C 9-82 COMMENTS (Apparent adverse easements, encroachments, special assessments, slide areas, etc.) : There are public utility easements on all lots. There are no apparent encroachments, adverse easements, or detrimental influences. The lot is well located within the subdivision. li : i4 GENERAL DESCRIPTION Units 1 EXTERIOR DESCRIPTION Foundation Concrete FOUNDATION Slab Conc Elk BASEMENT Area Sq. Ft. NA INSULATION Root P❑ •R Stories 1 Level Exterior Walls VinylSidg_ Crawl Space Yes % Finished NA Ceiling Unk ❑ 0 Type (Det./All.) Roof Surface Comp shng Basement None Ceiling NA Walls Unk ❑ Detached V Design (Style) Gutters & Dwnspts. Metal Sump Pump No Walls NA Floor n Ranch Existing Window Type AlumDblPn Dampness *No Floor NA None ❑ sH Yes --:�. Proposed /A Storm Sash No Settlement •No Outside Entry No Adequacy Unk :N N: Under Construction N/A Screens Yes Infestation •No Energy Elf icient Items: •S Age(Yrs.) 21 Manufactured House Yes •None apparent Standard Effective Age (Yrs.) 10 ROOMS Foyer Living Dining -Kitchen Den Family Rm. Rec. Rm. Bedrooms I Baths Laundry Other Area Sq. Ft. 4 Basement Level 1 1 1 1 3 2 X 1.463 i Level 2 Entry K :s T Finished area ahoy. grade contains: 6 Rooms 3 Bedrooms) 2 Bath(s) 1,463 Square Feet of Gross Living Area t SURFACES Materials/Condition Floors Cry't.V/Avg HEATING Type GFA KITCHEN EQUIP. Refrigerator ATTIC None IMPROVEMENT ANALYSIS Good Quality of Construction ❑ Avg. _ X Fair ❑ Poor ❑ N. Walls DW,Panel/Avg Fuel N.Gas Range/Oven X Stairs Condition of Improvements X ❑ ❑ 1. Trim/Finish Wood Stn/Avg Condition Good Disposal x Drop Stair r Room Sizes/Layout ❑ n ❑ Bath Floor Crp't/Avg Adequacy yes Dishwasher IXi Scuttle X Closets and Storage i ❑ ❑ Bath Wainscot FG/Average COOLING Fan/Hood J Floor Energy Elliciency ❑ x ❑ ❑ Doors Wd Stain/Avg Central None Compactor fl Heated ❑ Plumbing -Adequacy & Condition ❑ X ❑ Other None Washer/Dryer —1 Finished • Electrical -Adequacy & Condition • x ❑ ❑ Condition N/A Microwave Kitchen Cabinets -Adequacy & Condition LJ ❑ Fireplace(s) Living Room I 1 Adequacy N/A Intercom —I Compatibility to Neighborhood X ❑ ❑ A CAR STORAGE: Garage U T. No. Cars Carport 1 Attached L l Detached III Adequate Inadequate Ixj ❑ House Entry Outside Entry x Appeal & Marketability Estimated Remaining Economic Life 40 il ❑ ❑ Yrs. 2 p Condition Good None ❑ Built -In ❑ - Electric Door n Basement Entry ❑ Estimated Remaining Physical Life 40 Yrs. �`. Additional Features: Property has barn with 6 stalls: separate storage shed: 1 fireplace. f0 at Depreciation (Physical, functional and external inadequacies, repairs needed, modernization, etc.): There were no functional or physical inadequacies noted. Depreciation is based on straight-line method and observed condition. ft 7.. ,S General and and impact in subject/market area regarding loan discounts, interest buydowns and concessions: Typical sellers market conditions prevalence pay up to 3 discount points: and buyers generally obtain 15-30 year fixed rate loans with interest rates between 9 and 11%. Most types of financing are readily available in the metropolitan area. sc, lanme Mae l orm! 004101X6 yea@ie Mac l one Veluotfon Section Purpose of Appraisal is to BUILDING SKETCH (SHOW GROSS LIVING AREA ABOVE GRADE) it for Freddie Mac or Fannie Mee show only square loot calculations and cost approach comments in this -space. UNII-OHM HESIUEN I IAL AF'F'HAIbAL HLF'Uri I estimate Market Value as c d in the Certification & Statement of Limiting Conditions P ileu Nu. Domm G P.. A SQUARE FOOT CALCULATION 25 x 53 x 1 — 1325.0 12 x 11.5 x 1 — 138.0 TOTAL 1463 COST APPROACH COMMENTS: No functional or external obsolescence has been noted. Depreciation based on straight-line method and observed condition. Cost figures based on the Marshall and Swift cost manual. ESTIMATED REPRODUCTION COST -NEW -OF IMPROVEMENTS: Dwelling 1,463 Sq.Ft.®$ 40.00 =5 58.520 Sq. Ft. h$ _ Extras Appl $2000 2.000 1 FP $2500: Barn 17500 17.500 Special Energy Efficient Items Included Porches, Patios, etc. Patio = 400.00 Garage/Carport 735 Sq. Ft. ® $ 15.00 = 11 , 025 Total Estimated Cost New $ 89,445 Physical Less Depreciation 12,000 Depreciated Value of Improvements Sitaimp.'as is' (driveway, landscaping, etc) ESTIMATED SITE VALUE (Ii leasehold, showonly leasehold value.) 117,445 INDICATED VALUE BY COST APPROACH Round = $ 117 , 500 Construction Warranty Name of Warranty Program Warranty Coverage Expires Functional External _$ _$ _$ 12.000 77.445 5.000 35,000 (Not required by Freddie Mac and Fannie Mae) Does properly conform to applicable HUDNA property standards? ❑X Yes No II No, explain: LI Yes [X) No The undersigned has recited three recent sales of properties most similar -and proximate to subject and has considered these in I e market analysis. The description Includes a dollar adjustment, reflecting market reaction to those items of significant variation between the subject and comparable properties. II a significant item in the comparable property is superior lo, or more favorable than, the subject properly a minus (.) adjustment Is made, thus reducing the Indl- nled-value of subject; If a significant item in the comparable Is interior to, or less favorable than, the subject property, a plus (+) adjustment Is made, thus Increasing the indicated value of the subject. ITEM SUBJECT COMPARABLE NO. 1 COMPARABLE NO.2 COMPARABLE NO.3 Address Proximity to Subject Sales Price Price/gross LN. Area Data Source VALUE ADJUSTMENTS Sales or Financing Concessions Date of Sale/Time Location SiteNie Design and Appeal Ouality of Construction Age Condition Above Grade Room Count Gross Living Area Basement & Finished Rooms Below Grade Functional Utility Heating,'Cooling Garage/Carport Porches, Patio, Pools, etc. Special Energy Efficient Items Fireplace(s) Other (e.g. kitchen equip., remodeling) Net Adj. (total) Indicated Value of Subject Comments on Sales Comparison: -All of the comparables give similar indications of value and all have been given similar weight. None of the comparables was a prebuilt home. Due to the many differences with rural properties all comparables have needed many adjustments. INDICATED VALUE BY SALES COMPARISON APPROACH $ 112.000 INDICATED VALUE:BY INCOME APPROACH (ii Applicable) Estimated Markel Rent $ N/A /two. x Gross Rent Multiplier N /A = $ N/A This appraisal is made g 'as is' n subject to the repairs, alterations, inspections or conditions listed below completion per plans and specifications. Comments and Conditions of Appraisal: There are no requirements or conditions. The property has been appraised "as is". FinalReconciliation: The Market Approach is considered most reliable for residential properties. The Cost Approach is reliable for newer properties and generally sets the upper limit of value. The Income Approach is seldom used in this area due to a lack of rental data. This appraisal is based:upon the above requirements, the certification, contingent and limiting conditions, and Market Value definition that are stated in FmHA, HUD &/or VA Instructions. Freddie Mac Form 439 (Rev. 7/86)/Fannie Mae Form 1004B (Rev. 7/86) tiled with client 19 attached I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE SUBJECT PROPERTY AS OF August 21 19 92 to be $ 112,000 I (We) certify: that to the best of my (our) knowledge and belief the facts and data used herein are true and correct; that I (we) personally. inspected the subject property. both inside and out, and.have made an exterior inspection of a I comparable sales cited in this report; and that I (we) have no undisclosed interest, present or prospective therein. State Certified 'General Appraiser #CG01313900 Appraiser(s) SIGNATURE /4J(. eve di/Li/Lei,/ i/LeiCu- Review Appraiser SIGNATURE [1 Did Did Not 'NAME Donald G. Hammond , SRA (It applicable) NAME Inspect Property Fredd,e Mac form 70 10/86 So Wive I or Mal 'slate Proessmnals Inc. 1 (100)523 0011 Fannin Mae form 1004 50/96 E 4471 Peakvie Refi. $ 0.00 ru Inspection DESCRIPTION N/A Scotts Acre 6 Ac/Good Ranch/Avg. Average A21/E10 Average total I Bdrms I Baths D h Y 6 3; 2 1.463 Sq.Ft. None NA Average GFA/No AC 2 car gar Patio 5876 WCR 18 5090 WCR #1 117S00 $ 70.91 dnENTAIIER $ MLS/Coldwell Banker DESCRIPTION I v( -)s Adiuslmenl No slr pts Cash Sale 02-92Closed +4 100 Weld County_i 4.2 Ac/Inf +2,500 Ranch/Avg. Superior 5 yrs Average Total I Bdrms I Baths 5 ; 2 2 1.650 -Sq. Ft. 1650 SF Unfinished Average GFA/No AC No garage Similar -10 000 -2,000 +1,500 -3.700 -10.000 No slr pts CNV Loan 03-92Closed Weld County _ 3.0 AC/Inf Ranch/Avg. Superior 26 Superior total !adrms ! Baths 8' 3' 2 2.200 Sq. Ft. None NA Average GFA/No AC 1880 Spruce Drive $ 120x500 Is 124A900 54.77 U7 > .:>:$ 62.45 nhhre 4LS /RE /MAX of Long. MLS/RE/MAX of Bouldr DESCRIPTION afla Adjustment DESCRIPTION Pf-)s Adjustment No slr pts CNV Loan +3,600 05-92Closed Carmacar Rn 1.50 Ac/Inf Bi-Level/Av Superior 14 yrs Average Total I Bdrms ! Baths 8 i 4 i 2 2.000 Sq. Ft, None NA Average GFA/EvapClr 2 car gar Similar +5.000 -10.000 +2.000 -5.000 -14.700 +2,500 +7.500 -10.000 -2.500 -1.000 -10.700 Standard +6,000 1 car gar Similar +3,000 -300 Standard Standard Standard N.. 4f :T 1 FP Barn 1 FP LoafingShed No Barn �+ [zl I$ 1 FP Stor.Bldg +7,000 No Barn 4 600 I..1+ _J E'S Gr42% I::N +7,000 9.100 $ 111,400 1 FP SprSys -No Barn 035% is N:> -2.500 +7,000 10 000 $ 114.900 ADDITIONAL COMMENTS Flit No. 5089 COMMENTS ON SALES COMPARISON: All of the comparables have had many adjustments. Comparable #1 is an older sale and has been adjusted upward for time. The comparable is located on a slightly smaller site and the property has inferior outbuildings. This property has an unfinished basement and there is no garage. Comparable #2 is a brick home on a smaller acreage just north of Erie. This property is much larger and has inferior outbuildings. Comparable #3 is larger and has a smaller acreage. All of the comparables are superior in quality of construction. The appraiser has-been unable to find any sales of prebuilt homes on acreages in the area. Ood spibi Software For Real Eelale Pmlessionals Inc. I MO) 523 0072 Hello