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HomeMy WebLinkAbout20192587.tiffAugust 6, 2019 Petitioner: ROSEBERRY JOSHUA L 2015 SETTLERS DR MILLIKEN, CO 80543-3238 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBS ITE: www.weldqov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO CONFIRMATION OF WITHDRAWAL REQUEST Docket #: 2019-2587 Appeal #: 2008224305 Dear Petitioner: Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the below account number(s). Please be informed that a withdrawn petition precludes any further challenge to the valuation of the below account number(s) for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Actual Value as Account # Decision Determined by Assessor R0798401 Withdrawn $309,521 Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor Chloe Rempel From: Sent: To: Subject: Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 ckentfield@weldgov.com www. weldgov. corn Colleen Kentfield Tuesday, July 9, 2019 7:05 AM CTB-County Board of Equalization FW: Protest withdrawal Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Josh Roseberry <josh.l.roseberry@gmail.com> Sent: Monday, July 08, 2019 4:49 PM To: Colleen Kentfield <ckentfield@weldgov.com> Subject: Re: Protest withdrawal Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Hi Colleen, It was good and helpful to talk to you too, thank you for the phone call, in regards to the withdraw.... "I Josh Roseberry, 2015 Settlers Drive, Milliken CO. 80543, hereby withdraw my protest to the NOV and withdraw my appeal to appear in front of the Board that handles the NOV appeals. After talking to Colleen with the County my original protest to the NOV now makes sense why the county had my NOV where it is at, I appreciate the county's time to reach out and help explain to me what was what. I was the one in confusion. Please feel free to reach out with any more concerns or questions. Thank you for your time. - Josh Roseberry" 1 aot9 -&SS-7 A50103 Thanks Colleen let me know if you need anything more, have a great day Josh Roseberry On Mon, Jul 8, 2019 at 4:03 PM Colleen Kentfield <ckentfield@weldgov.com>wrote: Good afternoon Josh, I am having trouble finding the correct email to email the county board directly so if you would send me an email to withdraw your protest, I will find the correct place to forward it to. They just need something in writing to withdraw. My email is ckentfield@weldgov.com. Itwasnicetalkingwithyouthisafternoon. Please letme knowif you need anything further. Best Regards, Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 ckentfield a@weldgov.com www.weldgov.corn Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by 2 return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. 3 Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the information submitted and you will receive a date to appear before the board. Contact Information: Contact Name: Josh Roseberry Contact Email: josh.l.roseberry@gmail.com Contact Phone: 970-324-3571 Appeal Submitted: 04:50 PM July 01, 2019 Appeal submitted for: R0798401 - ROSEBERRY JOSHUA L 2015 E SETTLERS DR, MILLIKEN Legal: MIL SV L36 BLK12 SETTLERS VILLAGE Reason: Value Too High - COMPS AROUND AREA SHOWS VALUE IS NOT AS HIGH AS THE NOTICE SAID Additional Info attached an appraisal done in July of 18 show the house worth at 290k Estimate of Value: $280,000.00 Document(s) Submitted: Account: R0798401 - COMPER by Spatialestl.html Account: R0798401 - R0798401_INITIAL PROTEST.pdf Account: R0798401 - Appraisal3.pdf You have selected the following Date Preferences: Thursday, July 25, 2019, from 9:00 a.m. to 12:00 p.m. Thursday, July 25, 2019, from 1:30 p.m. to 4:30 p.m. Friday, July 26, 2019, from 9:00 a.m. to 12:00 p.m. Friday, July 26, 2019, from 1:30 p.m. to 4:30 p.m. Monday, July 29, 2019, from 3:00 p.m. to 4:30 p.m. Thursday, August 1, 2019, from 9:00 a.m. to 12:00 p.m. Tuesday, July 30, 2019, from 1:30 p.m. to 4:30 p.m. Thursday, August 1, 2019, from 1:30 p.m. to 3:30 p.m. The Appeal process can take several weeks for us to complete. You will receive a written decision on your appeal within five (5) working days of your hearing. We thank you for your submittal. Weld County Board of Equalization 2019-2587 �So(o3 Thank you for submitting an appeal to the Weld County Assessor's Office. We will review the information submitted and if we have questions we will contact you at one of the following: Contact Information: Contact Name: Josh Roseberry Contact Email: josh.l.roseberry@gmail.com Contact Phone: 970-324-3571 Appeal Submitted: 07:30 PM May 16, 2019 Appeal submitted for: R0798401 - ROSEBERRY JOSHUA L 2015 E SETTLERS DR, MILLIKEN Legal: MIL SV L36 BLK12 SETTLERS VILLAGE Reason: Value Too High - COMPS AROUND AREA SHOWS VALUE IS NOT AS HIGH AS THE NOTICE SAID Estimate of Value: $280,000.00 Document(s) Submitted: Account: R0798401 - CONFER by Spatialestl.html The Appeal process can take several weeks for us to complete. We will mail a decision on your appeal by June 30th for real property and by July 10th for business personal property and/or oil and gas. We thank you for your submittal. Weld County Assessor's Office (970) 400-3650 Page #1 Borrower/Client JOSHUA ROSEBERRY File No. 5510016983 Property Address 2015 Settlers Dr _ City Milliken County WELD _ State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. TABLE OF CONTENTS Table of Contents 1 Summary of Salient Features 2 USPAP Identification Addendum 3 URAR 4 General Text Addendum 10 Additional Listings 1-3 11 UAD Definitions Addendum 12 Market Conditions Addendum to the Appraisal Report 15 Aerial Map 16 Flood Map 17 Plat Map 18 Location Map 19 Building Sketch (Page - 1) 20 Subject Photos 21 Subject Photos 22 Subject Photos Interior 23 Subject Photos Interior 24 Subject Photos Interior 25 Subject Photos Interior 26 Comparable Photos 1-3 27 Listings Photos 1-3 28 Addendum 29 Addendum 30 Form TOCP — "WinTOTAL appraisal software by a la mode. inc. —1-800-ALAMODE Page #2 SUMMARY OF SALIENT FEATURES Subject Address 2015 Settlers Dr Legal Description LOT 36 BLOCK 12 SETTLERS VILLAGE City Milliken County WELD State co Zip Code 80543 Census Tract 0021.01 Map Reference PIERSON GRAPHIC - Sale Price $ Date of Sale Borrower/Client JOSHUA ROSEBERRY Lender CORNERSTONE HOME LENDING, INC. Size (Square Feet) 1,317 Price per Square Foot $ z Location N;Res; Age 15 z Condflion C3 Total Rooms 6 Bedrooms 3 Baths 2.0 Appraiser MICHELLE R. KOCH Date Appraised a of Value 07/26/2018 Final Estimate of Value $ 290,000 Form SSD—'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #3 USPAP ADDENDUM 551 16983 File No. 5510016983 Borrower JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State co Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. This report was prepared under the following USPAP reporting option: Z Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(a). Restricted Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(b). Reasonable Exposure Time My opinion of a reasonable exposure time for the subject property at the market value stated in this report is: estimated to be between 0-6 months and was derived using market research of the subject neighborhood for the past 12 months. Additional Certifications I certify that, to the best of my knowledge and belief: I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. p I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. Those services are described in the comments below. — The statements of fact contained in this report are true and correct. — The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. — Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. — I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. — My engagement in this assignment was not contingent upon developing or reporting predetermined results. — My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. — My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared. — Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report. — Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of each individual providing significant real property appraisal assistance is stated elsewhere in this report). Additional Comments The Intended User of this appraisal report is Group Mortgage, LLC and its successors or assigns. The Intended Use is to evaluate the property that is the subject of this appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal report form, and Definition of Market Value. No additional Intended Users are identified by the appraiser." APPRAISER: ���������� 1 SUPERVISORY APPRAISER: (only if required) Signature: uvVt�.tLt]"1I' , 1"^" Signature: Name: MICHELLE R. KOCH Name: Date Signed: 07/29/2018 Date Signed: State Certification #: CR40011925 State Certification #: or State License #: or State License #: State: co State: Expiration Date of Certification or License: 12/31/2018 Expiration Date of Certification or License: Effective Date of Appraisal: 07/26/2018 Supervisory Appraiser Inspection of Subject Property: Did Not H Exterior -only from Street _ Interior and Exterior Form ID14AP—'WinTOTAL'appraisal software by a la mode, inc. — 1-800-ALAMODE Absolute Appraisals (970)352-4232 Page #4 Uniform Residential Appraisal Report 551.16983 File# 5510016983 The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Property Address 2015 Settlers Dr City Milliken State CO Zip Code 80543 Borrower JOSHUA ROSEBERRY Owner of Public Record JOSHUA ROSEBERRY & KENDRA ALBEE County WELD Legal Description LOT 36 BLOCK 12 SETTLERS VILLAGE Assessor's Parcel # 105912026036 Tax Year 2017 R.E. Taxes $ 1,995 Neighborhood Name MILLIKEN Map Reference PIERSON GRAPHIC Census Tract 0021.01 Occupant X Owner H Tenant IL Vacant Special Assessments $ 0 X PUD HOA $ 100 X per year '❑ per month Prone Rirhts Arrraised X Fee Simile ❑ Leasehold [ Other describe w Assignment Type ❑ Purchase Transaction Z Refinance Transaction ❑ Other (describe) Lender/Client CORNERSTONE HOME LENDING, INC. Address 2803 E HARMONY ROAD STE 200 FORT COLLINS , CO 80528 Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? ' Yes ® No Report data source(s) used, offering pdce(s), and date(s). Per IRES & Metrolist MLS, the subject has not been listed since its last sale on 11/20/2012 in which it sold for $189,000.00. _ I ❑ did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the anaysis was not performed. Contract Price S Date of Contract Is the property seller the owner of public record? Yes 'x No Data Source(s) Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? ] Yes _ ' No If Yes, report the total dollar amount and describe the items to be paid. Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics One —Unit Housing Trends One —Unit Housing Present Land Use % Location x Urban X Suburban i Rural Property Values 'x Increasing X Stable -, Declining PRICE AGE One -Unit 70 % Built -Up X Over 75% 'jJ 25-75% J Under 25% Demand/Supply i❑ Shortage X In Balance ❑ Over Supply $ 000) (yrs) 2-4 Unit 5 % Growth ❑ Rapid X Stable [ Slow Marketing Time X Under 3 mths _❑, 3-6 mths ❑ Over 6 mths 230 Low 0 Multi -Family % = Neighborhood Boundaries Boundaries: NORTH: County Road 52, WEST: Interstate 25; SOUTH: County Road 400 High 45 Commercial 5 % 40; EAST: County Road 31. 305 Pred. 10 Other 20 % Neighborhood Description The subject is located in the SW portion of the small town of Milliken in the Settlers Village subdivision which consists of average to good quality homes ranging in both style and size. It is proximate to local amenities, however major amenities and emp oyment centers are primarily found in the larger markets of Denver to the SW and Greeley to the NE. It is easily accessible to I-25 and popular with commuters. Market Conditions (including support for the above conclusions) Interest rates are good at approximately 4-6%. points are typical at 0 to 3 paid by seller. Wherever points are paid that are uncommon in the marketplace, cash equivalency adjustments may be made. Economic conditions in N. CO are _ currently good with low interest rates and an influx of new residents creating marketing times which are typically under six months. Dimensions 50x110 Area 5500 sf Shape RECTANGULAR View N;Res; Specific Zoning Classification PUD Zoning Description PLANNED UNIT DEVELOPMENT Zoning Compliance X Legal ❑ Legal Nonconforming (Grandfathered Use) ❑ No Zoning _ Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Z Yes [ No If No, descrbe Appraiser analyzed physical, legal and economic characteristics (as vacant and as improved) and concluded that its current use is its highest and best use. Utilities Public Other (describe) Public Other (describe) Off -site Improvements - Type Public Private Electricity X ❑ Water Z ❑ Street ASPHALT Z y Gas X L] Sanitary Sewer X ❑ Alley NONE ❑ _ FEMA Special Flood Hazard Area C Yes X No FEMA Flood Zone X FEMA Map # 08123C1704E FEMA Map Date 01/20/2016 Are the utilfies and off -site improvements typical for the market area? X Yes INo If No, describe Are there any adverse she conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? [ Yes Z No If Yes, describe The land use noted as "other" refers to "vacant land" and consists of approximately 20% of the total land use of the subject's market. General Description Foundation Exterior Description materials/condition Interior materials/condition Units Z One ❑ One with Accessory Unit [ Concrete Slab X Crawl Space Foundation Walls PD CONCRETE GD Floors CPTNINYL AVG # of Stories 1 Z Full Basement ❑ Partial Basement Exterior Walls HARDBOARD GD Walls DRYWALL AVG Type Z Det. ❑ Att. I J S-DetJEnd Unit Basement Area 1,317 sq.ft. Roof Surface COMPOSITION GD Trim/Finish PAINTED AVG X Existing X Proposed ❑ Under Coast. Basement Finish 80 % Gutters & Downspouts ALUMINUM GD Bath Floor VINYL/CPT AVG Design (Style) RANCH L Outside Entry/Exit —, Sump Pump Window Type VINYL GD Bath Wainscot FIBERGLASS AVG Year Built 2003 Evidence of [ Infestation Storm Sash/Insulated STORMS GD Car Storage ❑ None Effective Age (Yrs) 10 r Dampness X Settlement Screens FABRIC/MESH GD X Driveway # of Cars 2 Attic x None Heating X FWA IX HWBB IL ' Radiant Amenities ❑ Woodstove(s) # 0 Driveway Surface CONCRETE Drop Stair L; Stairs ❑ Other (Fuel NT GAS C Fireplace(s) # 0 X Fence WOOD X Garage # of Cars 2 Floor X Scuttle Cooling Central Air Conditioning ❑ Patio/Deck PT/DK [i Porch COV Carport # of Cars 0 ❑ Finished ❑ Heated ❑ Individual I❑ Other ❑ Pool NONE X Other SPKLR Z Att. ❑ Det. Built-in Appliances !❑' Refrigerator N Range/Oven X Dishwasher X Disposal X Microwave ❑. Washer/Dryer i Other (describe) Finished area above grade contains: 6 Rooms 3 Bedrooms 2.0 Bath(s) 1,317 Square Feet of Gross Living Area Above Grade Additional features (special energy efficient items, etc.). The subject is typical of homes built in this neighborhood. All fixtures of a permanent nature are included in value. It has energy efficient fenestration as well as an energy efficient heating and cooling system. Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). C3;No updates in the prior 15 years;Physical deterioration is equal to that in homes of similar age within the neighborhood. There was no functional or external obsolescence noted at the time of the inspection. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? X Yes X No If Yes, describe Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? Z Yes ❑ No If No, describe Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD—"WinTOTAL" appraisal softwae by a la mode, inc. — 1-800-ALAMODE Page #51 Uniform Residential Appraisal Report 551.16983 File# 5510016983 There are 11 comparable properties currently offered for sale in the subject neighborhood ranging in price from S 299,000 to S 335,000 There are 42 comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ 241,000 to $ 365,000 FEATURE I SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 2015 Settlers Dr Milliken, CO 80543 712 S Carriage Dr Milliken, CO 80543 2154 Village Dr Milliken, CO 80543 830 Village Dr Milliken, CO 80543 Proximity to Subject 0.53 miles SE 0.13 miles E 0.32 miles SE Sale Price IS $ 275,500 S 303,000 $ 313,000 Sale Price/Gross Liv. Area $ sq.ft. $ 223.62 sq.ft. $ 245.15 sq.ft. S 212.64 sq.ft. Data Source(s) I IRES MLS#829846;DOM 11 IRES MLS#835249;DOM 34 IRES MLS#839430;00M 9 Verification Source(s) N.JOHNSON 776-3305/ASSESSOR 8Z RE 543-3083/ASSESSOR C3RE 225-5152/ASSESSOR VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment Sales or Financing Concessions ArmLth RH;0 0 ArmLth FHA;4000 0 ArmLth FHA;0 0 Date of Sale/Time s09/17;c08/17 0 s01/18;c12/17 0 s03/18;c01/18 0 Location N;Res; N;Res; N;Res; N;Res; Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Site 5500 sf 7038 sf 0 5663 sf 0 6190 sf 0 View N;Res; N;Res; N;Res; B;Res;Prk -1,500 Design (Style) ' DTI ;RANCH DTI;RANCH DTI;RANCH DTI ;RANCH Quality of Construction 04 04 04 03 -15,000 Actual Age 15 13 0 12 0 5 0 Condition C3 C3 C3 -5,000 C3 -5,000 Above Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Btlrms. Baths Room Count 6 3 2.0 6 3 2.0 6 3 2.0 6 3 2.0 Gross Living Area 1,317 sq.ff. 1,232 sq.ft. 0 1,236 sq.ft. 0 1,472 sq.ft. -3,100 Basement & Finished Roams Below Grade I1317sf1054sfin 1 rr0br0.1 bal o 1232sfOsfin 01236sf1112sfin +10,500 Orr1 brl .0bal o 0 0 1463sf0sfin -1,000 +10,500 = Functional Utility ' GOOD GOOD GOOD GOOD a Heating/Cooling GFWA/CAC GFWA/NONE +2,000 GFWA/CAC GFWA/CAC °� Energy Efficient Items FURN/WINDOW SIMILAR 0 SIMILAR 0 SIMILAR 0 a Garage/Carport 2ga2dw 2ga2dw 2ga2dw 2ga2dw z Porch/Patio/Deck POR/PAT/DECK SIMILAR 0 SIMILAR 0 SIMILAR 0 y FIREPLACE NO FIREPLACE NO FIREPLACE WD STOVE -800 1 FIREPLACE -1,500 LANDSCAPING/SPRKLR AVG/FRONT SIMILAR 0 AVG/FULL -5,000 AVG/FULL -5,000 a a o Net Adjustment (Total) X + .__J- $ 12,500 L + - $ -10,800 _, + g', - $ -21,600 co IL Adjusted Sale Price of Comparables Net Adj. 4.5 % Gross Adj. 4.5 % S 288,000 Net Adj. 3.6 % Gross Adj. 3.6 % $ 292,200 Net Adj. 6.9 % Gross Adj. 13.6% $ 291,400 co I Zl did ` did not research the sale or transfer history of the subject property and comparable sales. If not, explain My research _ did X did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source(s) WELD CTY RECDS/IRES & METROLIST MLS My research E did N did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Source(s) WELD CTY RECDS/IRES & METROLIST MLS Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transfer Price of Prior Sale/Transfer Data Source(s) CTY REC/IRES/METRO MLS CTY REC/IRES/METRO MLS CTY REC/IRES/METRO MLS CTY REC/IRES/METRO MLS Effective Date of Data Source(s) 07/27/2018 07/27/2018 07/27/2018 07/27/2018 Analysis of poor sale or transfer history of the subject property and comparable sales NONE Summary of Sales Comparison Approach SEE ATTACHED COMMENTS. Indicated Value by Sales Comparison Approach $ 290,000 Indicated Value by: Sales Comparison Approach $ 290,000 Cost Approach (if developed) $ 293,889 Income Approach (if developed) $ The value estimate is based on the Sales Comparison Analysis, which reflects the actions of buyers and sellers, who typically pay no more for a property o than one with similar utility and appeal. The cost approach tends to support the market value. The subject is located in an area which consists primarily of single family residences and the income approach is not considered meaningful for this report. Greatest confidence lies in the market approach. i o This appraisal is made 'R "as is", subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or _' subject to the following required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair: w re Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is $ 290,000 , as of 07/26/2018 , which is the date of inspection and the effective date of this appraisal. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD—'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #6 Uniform Residential Aaaraisal Resort 551 16983 File # 5510016983 ALL UTILITIES WERE TURNED ON AND FUNCTIONING PROPERLY AT THE TIME OF MY INSPECTION. AT THE TIME OF INSPECTION THERE WERE CARBON MONOXIDE AND SMOKE DETECTORS INSTALLED. CORNERSTONE HOME LENDING INC IS COMPENSATING ABSOLUTE APPRAISALS INC $500 FOR THIS APPRAISAL. absolutekoch@yahoo.com - 9703524232 cn C z w E E 0 0 -J Z 0 R- 0 0 Q COST APPROACH TO VALUE (not required by Fannie Mae) Provide adequate information for the lender/client to replicate the below cost figures and calculations. Support for the opinion of she value (summary of comparable land sales or other methods for estimating she value) The appraiser utilized both sold and listed sites in the subject's marketing area to determine current land value. The allocation method was also utilized as the subject is situated in a mature and developed market which is currently active with resales. 5 ESTIMATED ,❑ REPRODUCTION OR Z REPLACEMENT COST NEW OPINION OF SITE VALUE _$ 65,000 o Source of cost data MARSHALL & SWIFT DWELLING 1,317 Sq.Ft. @ $ 101.51 =$ 133,689 a Quality rating from cost service AVG Effective date of cost data CURRENT 1,317 Sq.Ft. @ $ 65.06 =$ 85,684 a Comments on Cost Approach (gross living area calculations, depreciation, etc.) POR/PAT/DK/CAC =5 14,030 m Life Expectancy 65 years Garage/Carport 390 Sq.Ft. @ $ 27.25 =5 10 628 ° Effective Age 10 years Total Estimate of Cost -New =$ 244,031 Remaining Economic Life 55 years Less Physical Functional Extemal Cost data was taken from a national cost estimating service and modified by Depreciation 37,532 =$( 37,532) known local costs. Physical depreciation was calculated by the age/life Depreciated Cost of Improvements =$ 206,499 technique. Remaining economic life is estimated to be 55 years. "As -is" Value of Site Improvements =$ 22,390 SITE IMPROVEMENTS + LOCAL MULTIPLIER Estimated Remaining Economic Life (HUD and VA only) 55 Years INDICATED VALUE BY COST APPROACH = 293,889 INCOME APPROACH TO VALUE (not required by Fannie Mae) oEstimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income Approach i Summary of Income Approach (including support for market rent and GRM) PROJECT INFORMATION FOR PUDs (if applicable) Is the developer/builder in control of the Homeowners Association (HOA)? ❑ Yes ® No Unit type(s) ® Detached ;Z Attached Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit. Legal Name of Project z o Total number of phases Total number of units Total number of units sold F Total number of units rented Total number of units for sale Data source(s) 2 Was the project created by the conversion of existing building(s) into a PUD? ❑ Yes ❑ No If Yes, date of conversion. rr 0 Does the project contain any multi -dwelling units? ❑ Yes ❑ No Data Source Are the units, common elements, and recreation facilities complete? ❑ Yes ❑ No If No, describe the status of completion. 0 7 0. Are the common elements leased to or by the Homeowners' Association? E Yes !^ No If Yes, describe the rental terms and options. Describe common elements and recreational facilhes. Common areas and the maintenance of these areas Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Page #7 Uniform Residential Appraisal Report 551.16983 File# 5510016983 This report form is designed to report an appraisal of a one -unit property or a one -unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD —' WinT0TAL" appraisal software by a la mode, inc. —1-800-ALAM0DE Pane #8 Uniform Residential Appraisal Report 551.16983 File # 5510016983 APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD — "WinT0TAL" appraisal software by a la mode, inc. —1-800-ALAM0DE Page #9 Uniform Residential Appraisal Report 551.16983 File # 5510016983 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub -contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER MICHELLE R. KOCH SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name MICHELLE R' KOCH Company Name ABSOLUTE APPRAISALS, INC. Company Address 1626 37TH AVENUE PLACE GREELEY, CO 80634 Telephone Number 970-352-4232 Email Address absolutekoch@yahoo.com Date of Signature and Report 07/29/2018 Effective Date of Appraisal 07/26/2018 State Certification # CR40011925 or State License # or Other (describe) State # State CO Expiration Date of Certification or License 12/31/2018 ADDRESS OF PROPERTY APPRAISED 2015 Settlers Or Milliken, CO 80543 APPRAISED VALUE OF SUBJECT PROPERTY $ 290,000 LENDER/CLIENT Name No AMC Company Name CORNERSTONE HOME LENDING, INC. Company Address 2803 E HARMONY ROAD , STE 200 Email Address FORT COLLINS , CO 80528 Signature Name Company Name Company Address Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY Did not inspect subject property Did inspect exterior of subject property from street Date of Inspection ❑ Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Date of Inspection Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 6 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD—'WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Pape #10 Supplemental Addendum File No. 5510016983 Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. SALES COMPARISON COMMENTS: The subject is an average quality ranch style single family dwelling situated in the popular and developing subdivision known as Settlers Village. It is in average overall condition and it has a full basement level which is approximately 85% finished. It is situated on a typical lot with a double car garage, average front landscaping, covered front porch, open rear patio and an open wood deck. It is appealing to its market. Sale #1 is most similar to the subject regarding its overall condition and landscaping as well as its design and appeal and GLA. It is inferior regarding its lack of basement finish work and lack of central air conditioning. Sale #2 is most similar to the subject, especially regarding its basement finish work, however it is superior regarding its condition/updating (still a C3 but superior to the subject) and landscaping. Market value was weighted heaviest toward this sale. Sale #3 is used to bracket the subject's GLA. It is inferior regarding its lack of basement finish work, however it is superior regarding its view as it backs to a large open space/park area as well as its condition/updating (still a C3 but superior to the subject), GLA, basement size and landscaping. Thus the downward adjsutments. As evidenced by the 1004MC, property values have remained stable over the past year in this market and all three sales prices are strong indicators of current market value. All three sales and their adjusted sales prices indicate a similar value range and were pertinent in determining the subject's current market value, however greater weight was given to Sale #2 which is most similar to the subject. The GLA adjustment was derived from both the appraiser's knowledge and familiarity with the subject's market as well as through paired sales analysis using comparable sales in the subject's same market over the past 12 months. Although the subject's indicated market value is well within the range of values for the subject's market, it is slightly lower than the predominant sales price; however it is NOT underbuilt for its market. Form TADD—'WinT0TAL" appraisal software try a la mode, inc. — 1-800-ALAM0DE Page #11 Additional Listings 551.16983 File# 5510016983 FEATURE I SUBJECT LISTING # 1 LISTING # 2 LISTING # 3 Address 2015 Settlers Dr Milliken, CO 80543 2192 Stage Coach Dr Milliken, CO 80543 Proximity to Subject 0.14 miles NE List Price $ $ 299,900 $ $ List Price/Gross Liv. Area $ sq.ft. $ 180.12 sq.ft. $ sq.ft. $ sq.ft. Last Price Revision Date N/A Data Source(s) IRES MLS#853708;DOM 2 Verification Source(s) H.REILLY 223-6500/ASSESSOR VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust. Sales or Financing Concessions 100% LP -SP PEND 06/17/2018 0 0 Days on Market 2 0 Location N;Res; N;Res; Leasehold/Fee Simple Fee Simple Fee Simple Site 5500 sf 8712 sf View N;Res; N;Res; Design (Style) DT1;RANCH DT1;RANCH Quality of Construction O4 04 Actual Age 15 14 0 Condition C3 C3 -5,000 Above Grade Room Count Gross Living Area Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths 6 3 2.0 6 3 2.0 1,317 sq.ft. 1,665 sq.ft. -6,960 sq.ft. sq.ft. Basement & Finished Rooms Below Grade 1317sf1054sfin 1rrobr0.1ba10 1665sf0sfin -3,000 +10,500 Functional Utility GOOD GOOD Heating/Cooling GFWA/CAC GFWA/CAC Energy Efficient Items FURNMINDOW SIMILAR 0 Garage/Carport 2ga2dw 2ga2dw Porch/Patio/Deck POR/PAT/DECK SIMILAR 0 FIREPLACE NO FIREPLACE 1 FIREPLACE -1,500 LANDSCAPE/SPRKLR AVG/SPRKLR AVG/FULL -5,000 Net Adjustment (Total) ❑ + Z - $ -10,960 [ + ❑ - $ + - $ Adjusted List Price of Comparables Net 3.7 % Gross 10.7 % $ 288,940 Net % Gross % $ Net % Gross % $ Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT LISTING # 1 LISTING # 2 LISTING # 3 Date of Prior Sale/Transfer Price of Prior Sale/Transfer Data Source(s) CTY REC/IRES/METRO MLS CTY REC/IRES/METRO MLS Effective Date of Data Source(s) 07/27/2018 04/30/2018 Comments: The above listed property is situated in the subject's same market and added to further support the subject's indicated market value. It is the BEST available listing in which to compare to the subject. A typical buyer in this market would view this listing as a competing property with the subject property. In this market, if properties are priced correctly (even slightly lower than their actual market value) they are selling within appropmately 6 months of their listing dates. March 2005 Form 1004UAD.(AL)—'WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Page #12 551.16983 File No. 5510016983 UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field -Specific Standardization Requirements) Condition Ratings and Definitions Cl The improvements have been recently constructed and have not been previously occupied. The entire structure and all components are new and the dwelling features no physical depreciation. Note: Newly constructed improvements that feature recycled or previously used materials and/or components can be considered new dwellings provided that the dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have been rehabilitated/remanufactured into like -new condition. Improvements that have not been previously occupied are not considered "new" if they have any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep). C2 The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs. Virtually all building components are new or have been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replaced with components that meet current standards. Dwellings in this category are either almost new or have been recently completely renovated and are similar in condition to new construction. Note: The improvements represent a relatively new property that is well maintained with no deferred maintenance and little or no physical depreciation, or an older property that has been recently completely renovated. C3 The improvements are well maintained and feature limited physical depreciation due to normal wear and tear. Some components, but not every major building component, may be updated or recently rehabilitated. The structure has been well maintained. Note: The improvement is in its first -cycle of replacing short-lived building components (appliances, floor coverings, HVAC, etc.) and is being well maintained. Its estimated effective age is less than its actual age. It also may reflect a property in which the majority of short-lived building components have been replaced but not to the level of a complete renovation. C4 The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has been adequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs. All major building components have been adequately maintained and are functionally adequate. Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which some of the short-lived building components have been replaced, and some short-lived building components are at or near the end of their physical life expectancy,' however, they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property. C5 The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs, rehabilitation, or updating. The functional utility and overall livability is somewhat dimirished due to condition, but the dwelling remains useable and functional as a residence. Note: Some significant repairs are needed to the improvements due to the lack of adequate maintenance. It reflects a property in which many of its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional. C6 The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety, soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including many or most major components. Note: Substantial repairs are needed to the improvements due to the lack of adequate maintenance or property damage. It reflects a property with conditions severe enough to affect the safety, soundness, or structural integrity of the improvements. Quality Ratings and Definitions a1 Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a specified user. Such residences typically are constructed from detailed architectural plans and specifications and feature an exceptionally high level of workmanship and exceptionally high-grade materials throughout the interior and exterior of the structure. The design features exceptionally high -quality exterior refinements and ornamentation, and exceptionally high -quality interior refinements. The workmanship, materials, and finishes throughout the dwelling are of exceptionally high quality. Q2 Dwellings with this quality rating are often custom designed for construction on an individual property owner's site. However, dwellings in this quality grade are also found in high -quality tract developments featuring residence constructed from individual plans or from highly modified or upgraded plans. The design features detailed, high quality exterior ornamentation, high -quality interior refinements, and detail. The workmanship, materials, and finishes throughout the dwelling are generally of high or very high quality. UAD Version 9/2011 (Updated 1/2014) Form UADDEFINE1A —'WinT0TAL" appraisal software by a la mode, inc. —1-800-ALAM0DE Page #13 UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field -Specific Standardization Requirements) Quality Ratings and Definitions (continued) Q3 Dwellings with this quality rating are residences of higher quality built from individual or readily available designer plans in above -standard residential tract developments or on an individual property owner's site. The design includes significant exterior ornamentation and interiors that are well finished. The workmanship exceeds acceptable standards and many materials and finishes throughout the dwelling have been upgraded from "stock" standards. Q4 Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard building plans are utilized and the design includes adequate fenestration and some exterior ornamentation and interior refinements. Materials, workmanship, finish, and equipment are of stock or builder grade and may feature some upgrades. Q5 Dwellings with this quality rating feature economy of construction and basic functionality as main considerations. Such dwellings feature a plain design using readily available or basic floor plans featuring minimal fenestration and basic finishes with minimal exterior ornamentation and limited interior detail. These dwellings meet minimum building codes and are constructed with inexpensive, stock materials with limited refinements and upgrades. Q6 Dwellings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round occupancy. Such dwellings are often built with simple plans or without plans, often utilizing the lowest quality building materials. Such dwellings are often built or expanded by persons who are professionally unskilled or possess only minimal construction skills. Electrical, plumbing, and other mechanical systems and equipment may be minimal or non-existent. Older dwellings may feature one or more substandard or non -conforming additions to the original structure Definitions of Not Updated, Updated, and Remodeled Not Updated Little or no updating or modernization. This description includes, but is not limited to, new homes. Residential properties of fifteen years of age or less often reflect an original condition with no updating, if no major components have been replaced or updated. Those over fifteen years of age are also considered not updated if the appliances, fixtures, and finishes are predominantly dated. An area that is 'Not Updated' may still be well maintained and fully functional, and this rating does not necessarily imply deferred maintenance or physical/functional deterioration. Updated The area of the home has been modified to meet current market expectations. These modifications are limited in terms of both scope and cost. An updated area of the home should have an improved look and feel, or functional utility. Changes that constitute updates include refurbishment and/or replacing components to meet existing market expectations. Updates do not include significant alterations to the existing structure. Remodeled Significant finish and/or structural changes have been made that increase utility and appeal through complete replacement and/or expansion. A remodeled area reflects fundamental changes that include multiple alterations. These alterations may include some or all of the following: replacement of a major component (cabinet(s), bathtub, or bathroom tile), relocation of plumbing/gas fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of) square footage). This would include a complete gutting and rebuild. Explanation of Bathroom Count Three-quarter baths are counted as a full bath in all cases. Quarter baths (baths that feature only a toilet) are not included in the bathroom count. The number of full and half baths is reported by separating the two values using a period, where the full bath count is represented to the left of the period and the half bath count is represented to the right of the period. Example: 3.2 indicates three full baths and two half baths. UAD Version 9/2011 (Updated 1/2014) Form UADDEFINE1A—'WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Page #14 UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D. UAD Field -Specific Standardization Requirements) Abbreviations Used in Data Standardization Text Abbreviation Full Name Fields Where This Abbreviation May Appear A Adverse Location & View ac Acres Area, Site AdjPrk Adjacent to Park Location AdjPwr Adjacent to Power Lines Location ArmLth Arms Length Sale Sale or Financing Concessions AT Attached Structure Design (Style) B Beneficial Location & View ba Bathroom(s) Basement & Finished Rooms Below Grade br Bedroom Basement & Finished Rooms Below Grade BsyRd Busy Road Location c Contracted Date Date of Sale/Time Cash Cash Sale or Financing Concessions Comm Commercial Influence Location Cony Conventional Sale or Financing Concessions cp Carport Garage/Carport CrtOrd Court Ordered Sale Sale or Financing Concessions CtySky City View Skyline View View CtyStr City Street View View cv Covered Garage/Carport DOM Days On Market Data Sources DT Detached Structure Design (Style) dw Driveway Garage/Carport e Expiration Date Date of Sale/Time Estate Estate Sale Sale or Financing Concessions FHA Federal Housing Authority Sale or Financing Concessions g Garage Garage/Carport ga Attached Garage Garage/Carport gbi Built-in Garage Garage/Carport gd Detached Garage Garage/Carport GlfCse Golf Course Location Glfvw Golf Course View View GR Garden Design (Style) HR High Rise Design (Style) in Interior Only Stairs Basement & Finished Rooms Below Grade Ind Industrial Location & View Listing Listing Sale or Financing Concessions Lndfl Landfill Location LtdSght Limited Sight View MR Mid -rise Design (Style) Mtn Mountain View View N Neutral Location & View NonArm Non -Arms Length Sale Sale or Financing Concessions o Other Basement & Finished Rooms Below Grade O Other Design (Style) op Open Garage/Carport Prk Park View View Pstrl Pastoral View View PwrLn Power Lines View PubTrn Public Transportation Location Relo Relocation Sale Sale or Financing Concessions REO REO Sale Sale or Financing Concessions Res Residential Location & View RH USDA - Rural Housing Sale or Financing Concessions rr Recreational (Rec) Room Basement & Finished Rooms Below Grade RT Row or Townhouse Design (Style) s Settlement Date Date of Sale/Time SD Semi-detached Structure Design (Style) Short Short Sale Sale or Financing Concessions sf Square Feet Area, Site, Basement sqm Square Meters Area, Site Unk Unknown Date of Sale/Time VA Veterans Administration Sale or Financing Concessions w Withdrawn Date Date of Sale/Time wo Walk Out Basement Basement & Finished Rooms Below Grade Woods Woods View View Wtr Water View View WtrFr Water Frontage Location wu Walk Up Basement Basement & Finished Rooms Below Grade UAD Version 9/2011 (Updated 1/2014) Form UADDEFINE1A—'WinT0TAL'appraisal software by a la mode, inc. —1-800-ALAM0DE Pape #15 Market Conditions Addendum to the A raisal Report 551. pp p File No. 551001691698383 The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subject neighborhood. This is a required addendum for all appraisal reports with an effective date on or after April 1, 2009. Property Address 2015 Settlers Dr City Milliken State co ZIP Code 80543 Borrower JOSHUA ROSEBERRY Instructions: The appraiser must use the information required on this form as the basis for his/her conclusions, and must provide support for those conclusions, regarding housing trends and overall market conditions as reported in the Neighborhood section of the appraisal report form. The appraiser must fill in all the information to the extent it is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide an explanaton. It is recognized that not all data sources will be able to provide data for the shaded areas below; if it is available, however, the appraiser must include the data in the analysis. If data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identity it as an average. Sales and listings must be properties that compete with the subject property, determined by applying the criteria that would be used by a prospective buyer of the subject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new construction, foreclosures, etc. Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current — 3 Months Overall Trend Total # of Comparable Sales (Settled) 22 9 11 ❑ Increasing X Stable IL Declining Absorption Rate (Total Sales/Months) 3.67 3.00 3.67 ❑ Increasing X Stable ❑ Declining Total # of Comparable Active Listings 6 4 11 ❑ Declining ® Stable ❑ Increasing Months of Housing Supply (Total Listings/Ab.Rate) 1.6 1.3 3.0 ❑ Declining ® Stable ❑ Increasing Median Sale & List Price, DOM, Sale/List % Prior 7-12 Months Prior 4-6 Months Current — 3 Months Overall Trend Median Comparable Sale Price 290,500 327,000 310,000 ❑ Increasing X Stable [. Declining Median Comparable Sales Days on Market 39 44 39 L Declining X Stable ❑ Increasing Median Comparable List Price 322,000 319,250 315,000 Increasing Stable Declining Median Comparable Listings Days on Market • Declining Stable Increasing Median Sale Price as % of List Price 100% 100% 100% ❑ Increasing X Stable L Declining ro Seller -(developer, builder, etc.)paid financial assistance prevalent? X Yes ❑ No _7 Declining X Stable L Increasing Explain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condo Q fees, options, etc.). Interest rates are good at approximately 4-6%. points are typical at 0 to 3 paid by seller. Seller paid concessions for buyer's closing costs have remained stable over the past year (0-3 % being typical), however down payment assistance has dropped off. Wherever points are paid that are uncommon in the marketplace, cash equivalency adjustments may be made. Economic conditions in N. Colorado are currently good with low interest rates, some new construction and an influx of new residents creating_marketing times which are typically under nine months. Are foreclosure sales (REO sales) a factor in the market? X Yes ❑ No If yes, explain (including the trends in listings and sales of foreclosed properties). Foreclosures affected our entire economy. Higher than expected energy costs and a weaker market contributed to more foreclosures throughout the US in the past several years; however the subject's market is currently rebounding and foreclosures have dropped significantly. The subject's market is currently stable with a small percentage of REO or distressed sales present. It is not an REO driven market. Cite data sources for above information. MLS, PUBLIC RECORDS, PERSONAL MARKET RESEARCH Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. If you used any additional information, such as an analysis of pending sales and/or expired and withdrawn listings, to formulate your conclusions, provide both an explanation and support for your conclusions. The analysis above is for the subject's specific market/neighborhood. *My data source does not calculate a median DOM for active listings within a specific date range and is the reason for the areas in the form that are not filled out. In the past year, there have been 42 sales and there are currently 11 active listings. If the subject is a unit in a condominium or cooperat've project , complete the following: Project Name: Subject Project Data Prior 7-12 Months Prior 4-6 Months Current — 3 Months Overall Trend Total # of Comparable Sales (Settled) L Increasing a Stable ❑ Declining Absorption Rate (Total Sales/Months) ❑, Increasing 7 Stable ❑ Declining Total # of Active Comparable Listings ❑ Declining ❑ Stable ❑ Increasing Months of Unit Supply (Total Listings/Ab.Rate) ❑ Declining ❑ Stable ❑ Increasing Are foreclosure sales (RED sales) a factor in the project? ___ Yes _! No If yes, indicate the number of REO listings and explain the trends in listings and sales of foreclosed properties. w U Summarize the above trends and address the impact on the subject unit and project. Signature �V Signature Appraiser Name MI HELLE R. KOCH Supervisory Appraiser Name rn Company Name ABSOLUTE APPRAISALS, INC. Company Name a Company Address 1626 37TH AVENUE PLACE, GREELEY, CO 80634 Company Address State License/Certification # CR40011925 State co State License/Certification # State Email Address absolutekoch@yahoo.com Email Address Freddie Mac Form 71 March 2009 Page 1 of 1 Fannie Mae Form 1004MC March 2009 Form 1004MC2 —'1 inTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #16 Aerial Map Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Subject 20]5 SETTLERS DRIVE ��� _fig �..C Form MAP.L0C—'WinT0TAL" appraisal software by a la mode, inc. — 1-800-ALAMODE [Page #171 Flood Map Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr _ City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Form MAP.FL00D — "WinTOTAL" appraisal software by a la mode. inc. —1-800-ALAMODE Page #18 Plat Map Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Form MAP.PLAT—'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE T O 5 r O c-, O w a N N O CD 1? a) 3 O a CD 3a0Wdld-008- l County Road 23 S Alice Ave 3 la P S Irene St S Haymaker Dr S Harvester Dr S Growers Dr S Frances Ave S Dusk Dr b n Ct -, County Road 23 County Road 25 gb peo8 A uno) JQ urell uo6eM Dawn 3p isnpj!eJl County Road 21.5 S Alice Ave S Laura Ave 2 en 7 S Grace Ave S Trances Ave m_ 3 QQSS n x 4 County Road 25 n', N Ethel Ave County Road 21.75 S .K W M n rt r1.15 z kr Cit a n It 9* County Road 23 dew uoi;eooi Page #20 Building Sketch Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. 12' 19' BR OPEN CONCRETE PATIO MASTER MBR BATH OPEN WOOD DECK DR UTIL BATH 19.3 TWO CAR GARAGE (N Sketch by Apex Sketch v5 Standard rr BR KITCHEN LR FOYER 9' r COVERED • PORCH 12' Zo 85% FIN BASEMENT LEVEL 40.3' 12' Comments: AREA CALCULATIONS SUMMARY Code Description Net Size GLA1 First Floor 1316.50 BSMT Basement -1316.50 GAR Garage -389.81 P/P Porch -54.00 Wood Deck -304.00 Patio -204.00 Net LIVABLE Area (rounded) Net Totals 1316.50 -1316.50 -389.81 -562.00 1317 LIVING AREA BREAKDOWN Breakdown Subtotals First Floor 12.0 x 8.5 21.0 x 13.8 23.0 x 40.3 3 Items (rounded) 102.00 288.75 925.75 1317 Form SKT.BIdSkI —'WinT0TAL" appraisal software by a la mode, inc. — 1-800-ALAM0DE Page #21 Subject Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Subject Front 2015 Settlers Dr Sales Price Gross Living Area 1.317 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N;Res; View N;Res; Site 5500 sf Quality Q4 Age 15 Subject Rear Subject Street Form PIC3x5.SR—'WinTOTAL appraisal software by a la mode. inc. —1-800-ALAMODE Page #22 Subject Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Subject Front 2015 Settlers Dr Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age 1,317 6 3 2.0 N;Res: N;Res: 5500 sf Q4 15 Subject Rear Subject Street Form PIC3x5.SR-1/VinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #23 Subject Interior Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State co Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Living Room 2015 Settlers Dr Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age V • .� .4 I 1,317 6 3 2.0 N;Res; N;Res; 5500 sf Q4 15 Kitchen Dining Room Form PIC3x5.SI—'WinTOTAL'appraisal software by a la mode, inc. —1-800-ALAMODE Page #24 Subject Interior Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Master Bedroom 2015 Settlers Dr Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age 1,317 6 3 2.0 N;Res; N;Res; 5500 sf O4 15 Master Bath Utility Form PIC3x5.SI—'WinT0TAL" appraisal software by a la moce, inc. — 1-800-ALAMODE Page #25 Subject Interior Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr _ City Milliken County WELD State Co Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Bedroom 2015 Settlers Dr Sales Price Gross Living Area 1,317 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N;Res; View N;Res; Site 5500 sf Quality O4 Age 15 Bath Bedroom Form PIC3x5.SI—'WinT0TAL'appraisal software by a la mode, Inc. — 1-800-ALAMODE Page #26 Subject Interior Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING. INC. Basement Family Room 2015 Settlers Dr Sales Price Gross Living Area 1,317 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N;Res; View N;Res; Site 5500 sf Quality Q4 Age 15 Basement Bath Basement Rec Room Form PIC3x5.Sl — "WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Page #27 Comparable Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr City Milliken County WELD State CO Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. 111111 IlloHi Comparable 1 712 S Carriage Dr Prox. to Subject 0.53 miles SE Sales Price 275,500 Gross Living Area 1,232 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N:Res; View N;Res: Site 7038 sf Q4 Quality Age 13 Comparable 2 2154 Village Dr Prox. to Subject 0.13 miles E Sales Price 303,000 Gross Living Area 1,236 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N;Res; View N:Res; Site 5663 sf Quality Q4 Age 12 Comparable 3 830 Village Dr Prox. to Subject 0.32 miles SE Sales Price 313.000 Gross Living Area 1,472 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Location N; Res; View B;Res;Prk Site 6190 sf Q3 Quality Age 5 Form PIC3x5.CR-'WinTOTAL" appraisal software by a la mode. inc. — 1-800-ALAMODE Page #28 Listing Photo Page Borrower/Client JOSHUA ROSEBERRY Property Address 2015 Settlers Dr _ City Milliken County WELD State Co Zip Code 80543 Lender CORNERSTONE HOME LENDING, INC. Listing 1 2192 Stage Coach Dr Proximity to Subject 0.14 miles NE List Price 299,900 Days on Market 2 Gross Living Area 1,665 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.0 Age 14 Listing 2 Proximity to Subject List Price Days on Market Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Age Listing 3 Proximity to Subject List Price Days on Market Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Age Form DLSTRNT.DMI/fR - 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #29 NAVIGATORS INSURANCE COMPANY THIS IS BOTH A CLAIMS MADE AND REPORTED INSURANCE POLICY. THIS POLICY APPLIES TO THOSE CLAIMS THAT ARE FIRST MADE AGAINST THE INSURED AND REPORTED IN WRITING TO THE COMPANY DURING THE POLICY PERIOD PLEASE READ THIS POLICY CAREFULLY REAL ESTATE APPRAISERS ERRORS AND OMISSIONS INSURANCE POLICY DECLARATIONS POLICY NUMBER PH17RALM02223N RENEWAL OF PH16RALM0222311/ 1 NAMED INSURED Michelle R Koch 2 ADDRESS 1626 37th Avenue PI Greeley, CO 80634 3 POLICY PERIOD FROM 11/10/2017 TO 11/10/2018 12 01 A M Standard Time at the address of the Named Insured as stated in Number 2 above 4 LIMITS OF LIABILITY A $ 1 000 000 Damages Limit of Liability — Each Claim B $ 1 000 000 Claim Expenses Limit of Liability — Each Claim C $ i 000 000 Damages Limit of Liability — Policy Aggregate D $ 1 coo 000 Claim Expenses Limit of Liability — Policy Aggregate 5 DEDUCTIBLE (Inclusive of claim expenses) A. $ 500 Each Claim B $ 1 000 Aggregate 6 PREMIUM $ 644 00 7 RETROACTIVE DATE 11/102003 8 FORMS ATTACHED NAV RAL DEC NAV RAL MC PF NAV RAE. 002 NAV RAL 300 CO CO Notice NAV-ML-002 PROGRAM ADMINISTRATOR McGowan Program Administrators (A Division of McGowan & Company, Inc ) By Acceptance of this policy the Insured agrees that the statements in the Declarations and the Application and any attachments hereto are the Insured's agreements and representations and that this policy embodies all agreements existing between the Insured and the Company or any of its representatives relating to this insurance IN WITNESS WHEREOF, we have caused this policy to be signed by our President and Secretary [Emily Miner] Secretary NAV RAL DEC (02 14) [Stanley A Galanski] President i Alf vgators Page 1 of 1 !gamingAWorld IQMor/ona Farm SCA —' WinTOTAL" appraisal software by a la made inc —1 800-ALAM0DE ' Page #30 • ABSOLUTE APPRAISALS, INC. 1626 37th Avenue Place Greeley, CO 80634 970-352-4232 970-352-4231 fax abso l utekoch@yahoo.com Michelle R. Koch State of Colorado Certified Residential Appraiser CR40011925 I graduated in December of 1994 with a bachelor's degree from the University of Northern Colorado in Greeley, Colorado. My degree is in Social Sciences with an emphasis on statistical research, minoring in English. I am currently licensed with the State of Colorado Board of Real Estate Appraisers as a Certified Residential Appraiser under the regulations of the State of Colorado which meets both FIRREA and USPAP regulations for qualified appraisers and appraisal standards. Since early 1995, 1 have been active in the valuation and appraisal of residential single family properties and residential income properties. I completed my apprenticeship in 1997. I currently own and operate Absolute Appraisals, Inc. where my duties include appraising residential real estate, performing appraisal reviews and processing appraisal reports. I am an active appraiser with the US Department of Housing and Urban Development (Denver Regional Office -Region VIII) and have successfully completed the mandatory Appraiser examination administered by FHA/HUD which incorporates the revised and newer regulations found in the HUD Handbook 4150.2. I have been an FHA appraiser since early 1997. I have successfully completed the necessary courses to be a certified residential appraiser through the Appraisal Institute at the University of Colorado. I continue to participate in classes offered through the Appraisal Institute to keep current with changes in the USPAP (Uniform Standards of Professional Appraisal Practice), appraisal tecnology and any new or updated appraisal forms I have recently taken coures pertaining to both rural residential properties and complex properties. I also continue to attend FHA/HUD training and update seminars for the State of Colorado and have spoken to groups of real estate professionals and lenders regarding revisions hi the Fl IA/i IUD appraisal process. Sincerely, • ->reaffeatiatkLei)--620,in Michelle R. Koch/CR40011925 Michelle Renee Koch 1626 3itti Avenue Pt Greeley, CO 80634-3442 leadvi4 Director: Marcia Waters State of Colorado Department of Regutatory Agencies Division of Real Estate Board of Real Estate Appraisers Mlchelre Renee Koch Certified Residential Appraiser G opy License #: CR.040011925 Status: Active Expires: 12/31/2018 For the most up to date information regarding this credential, visit http: //dora.cotorado.gov/dre Form SCA — "WinTOTAL" appraisal software by a la mode, in,. —1-800-ALAMODE COMPER by Spatialest Refine By: Distance 0.5 • miles • Sale Used for 2019 Valuation • Sale Date 2017-01-01 - 2018-06-30 • Residential SqFt 1,042 - 1,564 • Built As • Total Bsmnt SqFt • Finished Bsmnt SqFt • Garage SqFt • Year Built • My Neighborhood • Total Acres in Sale Subject Property 4 Comparables: Empty 2015 E Settlers Dr Milliken To 100 Nearb Sales 7 1996 E Settlers Add Comp $272,500 o Distance: 189 ft o Sale Date: 15 Jun 2018 • Account: R0818101 o Time Adj Sale Price*: $272,500 o Residential SqFt: 1,136 o Land Acres: 0.13 1975 Settlers • Add Comp • $265,000 • Distance: 205 ft o Sale Date: 24 Oct 2017 o Account: R0798801 o Time Adj Sale Price*: $279,363 o Residential SqFt: 1,136 o Land Acres: 0.15 2065 Settlers Add Comp • $241,000 COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest Dr Milliken • Distance: 263 ft • Sale Date: 27 Jul 2017 • Account: 80797901 • Time Adj Sale Price*: S257,911 • Residential SgEt: 1.136 • Land Acres: 0.15 Add Comp 1973 E Village Comparables List Is Empty • 285,000 +Add Comp by ID Find som7?. C- mp irc He :e ri d some e been can view Spatial Lance • Price • Date • S iz o HCCUUm: KU/JolUI o Time Adj Sale Price*: S329,050 • Residential SgFt: 1,426 • Land Acres: 0.13 Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest • R i ® tial 2137 E Pioneer • Anv rte: n c o Distance: 499 ft • miles o Sale Date: 18 May 2018 • ALAI 0 Account: R0819801 • Sale Used for 200 Vl'tig Sale Price*: S283,358 • Residential SqFt: 1,169 • ❑Noo Land Acres: 0.16 • D Yes • Anv a 1923 Sunset • Sale Date 2017-01-01 - 2018-06-30 87,00u Add Comp • S315,000 Start Date 2017-01-01 1 End Date • aie vale: Li Jui017 « 2010 - 202k Account: R0758401 « 2011 - 2022 2010 20q 1Time A le Price*: 1,720 2012 2013 2013 2O14Residerfo1l5SgFt:1.4952O14 2015 2016 o Land Acres: 0.14 2016 2017 2018 Ad'omp 2018 .2019 2019 etik SU liWt2020 2:.ii 18 022 T u y Clear date Today Clear date 2018-06-30 o Distance: 550 ft ▪ Sale Date: 16 Apr 2018 • Account: R0794001 • Time Adj Sale Price*: S343,002 o Residential SqFt: 1,529 o Land Acres: 0.17 • Anv 21157 E i' neer • ResiRytial Sq t ,042 - 1, �� Add Comp • S-'60,000 o Distance: 555 ft • Built As o Sale Date: 3 Nov 2017 c ount: R0819701 • D Raroc im e ,Sedj Sale Price*: S272,298 • O2 Storkesidential SgFt: 1.303 • O 1 1 /2 t� FAi e: 0.13 • ❑ 1 1/2 Story Unfin Add Comp O ❑ 1L5o iioneer ®- 0 ❑ 1 evel • Anv O ❑ Duplex 1 1/2 Story O O Duple®l44tocto5.8 I ft • O Duples $ HD k v41May 2018 O O Duple ,c4cioonStc 1983290 I • Time Adj Sale Price*: 5321,105 o Residential SqFt: 1.231 • Specific Total Bsg1nLS'tres: 0.13 • Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest • sp Fr..st676stiliontzter Dr S30S,500 • Any • Specific Garage StiFIitance: 629 ft • Sale Date: 29 Sep 2017 • Anv o Account: R0833O0I • Specific Year Built..Time Adj Sale Price*: S323,135 • Residential SgFt: 1,200 • Anv o Land Acres: 0.13 • My Neighborhood Add Comp • • Any ® 2165E Settlers S306.800 • Specific Total Acres in Sale... 1. Refine Your $"aret' .140 O Oct 2017 o Account: R07971O1 Change the searclbbN- to ln ZtpROo4Xg19,212 • Residential SgFt: 1,200 2. Search Results -id Acres: 0.13 Add Comp • Clicken the rquit5t4 Et Nkomo. Add to your shoS=I al 1i 3ng the 'star' shortlist button. 3. Comparables • Distance: 666 ft • Sale s t te: 3 Jan 201i Click on the 'Come properties you've added 6 Account: rKu Time \dj Sale Price*: S3O9,O17 4. Save Your S C sgFt: 1,236 • Land Acres: 0.13 Save and download a PDF report of your slibmp _1853 Sunset 5. Usea ihe ap ,000 View your search 9ePtilftethJ a[ and click on the dots for more information about that property • Sale Date: 21 Jul 2017 Use the Print, unt 7j919j1 eb a e n �'PrTe . 533'1, 3� p g • Residential SgEt: 1.495 • Land Acres: 0.14 Add Comp 1833 Sunset s)9-7),9 • Distance: 770 ft o Sale Date: 27 Jun 2017 • Account: R075930I • Time Adj Sale Price*: S324,612 • Residential SqFt: 1,231 o Land Acres: 0.14 Add Comp • • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 1813 Sunset S308,000 • Distance: 774 ft • Sale Date: 22 Sep 2017 • Account: R075640I • Time Adj Sale Price*: S324,197 • Residential SgFt: 1,463 • Land Acres: 0.14 695 S Pioneer Add Comp S 3 7 • Distance: 793 ft • Sale Date: 30 May 2018 • Account: R083060I • Time Adj Sale Price*: S323,219 • Residential SgFt: 1,502 o Land Acres: 0.17 692 S Settlers Add Comp 1, • Distance: 816 ft • Sale Date: 5 May 2017 • Account: R08I7801 • Time Adj Sale Price*: S326,989 o Residential SgFt: 1,502 o Land Acres: 0.17 Add Comp 704 S Pioneer • Distance: 835 ft o Sale Date: 8 Jun 2018 • Account: R082290I o Time Adj Sale Price*: S302,000 • Residential SgFt: 1,231 • Land Acres: 0.14 Add Comp 705 S Pioneer o Distance: 852 ft • Sale Date: 19 Mar 2018 • Account: R083070I • Time Adj Sale Price*: S314,568 o Residential SqFt: 1,495 • Land Acres: 0.14 • • • • Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 702 S Settlers 2 5 $ J OO • Distance: 874 ft • Sale Date: 6 Mar 2017 • Account: R0817701 • Time Adj Sale Price*: S284,611 • Residential SqFt: 1,231 o Land Acres: 0.14 Add Comp B 714 S Pioneer ▪ Distance: 890 ft • Sale Date: 31 May 2018 o Account: R0822801 o Time Adj Sale Price*: S324,226 • Residential SgFt: 1,502 ▪ Land Acres: 0.14 00 Add Comp • 713 S Settlers 600 o Distance: 895 ft • Sale Date: 27 Apr 2017 • Account: R0821101 ▪ Time Adj Sale Price*: S332,988 o Residential SgFt: 1.478 o Land Acres: 0.14 Add Comp 712 S Settlers • Distance: 926 ft o Sale Date: 10 Mar 2017 o Account: R0817601 o Time Adj Sale Price*: S312,322 o Residential SgFt: 1.495 • Land Acres: 0.14 Add Comp 724 S Pioneer o Distance: 945 ft ▪ Sale Date: 8 May 2018 • Account: 80822701 o Time Adj Sale Price*: S319,092 o Residential SgFt: 1.495 • Land Acres: 0.14 Add Comp • • 0O0 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 723 S Settlers • Distance: 950 ft • Sale Date: 3 May 2017 • Account: 80821201 • Time Adj Sale Price*: S314,241 • Residential SgFt: 1.515 o Land Acres: 0.14 e O Add Comp 725 S Pioneer S3 24,30+0 • Distance: 960 ft • Sale Date: 8 May 2018 o Account: R0830901 • Time Adj Sale Price*: S326,440 o Residential SqFt: 1.231 o Land Acres: 0.14 Add Comp 735 S Pioneer o Distance: 1.014 ft o Sale Date: 8 May 2018 • Account: R083I001 • Time Adj Sale Price*: S305,503 o Residential SciFt: 1.463 • Land Acres: 0.14 Add Comp 732 S Settlers • Distance: 1.032 ft o Sale Date: 28 Apr 2017 o Account: R08I7401 • Time Adj Sale Price*: S348,344 o Residential SgFt: 1.495 • Land Acres: 0.14 Add Comp 710 S Village o Distance: 1.037 ft o Sale Date: I Aug 2017 • Account: R0809301 ▪ Time Adj Sale Price*: S307,108 o Residential SgFt: 1.231 • Land Acres: 0.14 Add Comp • 500 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 744 S Pioneer S202,400 • Distance: 1.055 ft • Sale Date: 19 Mar 2018 o Account: R0822501 • Time Adj Sale Price*: S298,248 • Residential SgFt: 1.231 • Land Acres: 0.14 B 743 S Settlers Add Comp • S288,500 • Distance: 1.059 it • Sale Date: 6 Oct 2017 • Account: R0821401 ▪ Time Adj Sale Price*: S304,137 o Residential SgFt: 1,478 o Land Acres: 0.14 742 S Settlers Add Comp • 528O900 O Distance: 1.086 ft ▪ Sale Date: 22 Aug 2017 • Account: R0817301 • Time Adj Sale Price*: S300,057 o Residential SqFt: 1,231 O Land Acres: 0.14 741 S Village Add Comp • S300,000 • Distance: 1.117 It o Sale Date: 20 Sep 2017 o Account: R0816201 o Time Adj Sale Price*: S318,360 o Residential SciFt: 1.231 ▪ Land Acres: 0.14 Add Comp 2322 E Stage o Distance: 1.122 it ▪ Sale Date: 4 Oct 2017 • Account: R0791001 • Time Adj Sale Price*: S281,893 o Residential SgFt: 1.231 • Land Acres: 0.15 Add Comp 400 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 755 S Pioneer o Distance: 1.123 ft o Sale Date: 2 Apr 2018 o Account: R0831201 o Time Adj Sale Price*: S330,640 • Residential SgFt: 1.502 ▪ Land Acres: 0.14 8 e 752 S Settlers Add Comp S288,700 • Distance: 1.139 ft • Sale Date: 29 Sep 2017 ▪ Account: R0817201 • Time Adj Sale Price's: S306,368 o Residential SgFt: 1.478 ▪ Land Acres: 0.14 Add Comp 2342 E Stage • Distance: 1.174 ft o Sale Date: 13 Oct 2017 • Account: R0791101 • Time Adj Sale Price*: S295,598 o Residential SgFt: 1.478 • Land Acres: 0.15 Add Comp 80,406 • 762 S Settlers 268,000 o Distance: 1.193 ft o Sale Date: 11 Sep 2017 o Account: R08I7101 • Time Adj Sale Price*: S284,402 • Residential SqFt: 1.231 o Land Acres: 0.14 Add Comp 774 S Pioneer ▪ Distance: 1.220 ft o Sale Date: 5 Jun 2018 • Account: R0822201 • Time Adj Sale Price*: S315,100 o Residential SgFt: 1,495 • Land Acres: 0.14 Add Comp I 0 0 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 773 S Settlers ,)2 81,400 1 ,400 o Distance: 1,224 ft o Sale Date: 11 Sep 2017 o Account: R0821701 • Time Adj Sale Price*: S298,622 • Residential SqFt: 1.478 • Land Acres: 0.14 Add Comp 775 S Pioneer 2' 3 ,100 • Distance: 1,232 ft • Sale Date: 6 Apr 2018 • Account: 80831401 • Time Adj Sale Price*: S286,865 • Residential SqFt: 1,231 • Land Acres: 0.14 e Add Comp 783 S Settlers o Distance: 1.278 ft ▪ Sale Date: 6 Nov 2017 • Account: R0821801 • Time Adj Sale Price*: S308,849 o Residential SqFt: 1.495 o Land Acres: 0.14 Add Comp 782 S Settlers • Distance: 1.301 ft • Sale Date: 8 Aug 2017 • Account: R0816901 • Time Adj Sale Price*: S281,364 • Residential SgF1: 1.231 ▪ Land Acres: 0.14 2402 E Stage • • Add Comp • S269,100 • Distance: 1.331 ft o Sale Date: 4 Oct 2017 o Account: R0791401 o Time Adj Sale Price*: S283,685 • Residential SqFt: 1.231 o Land Acres: 0.15 Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 794 S Pioneer S = 03 ,400 o Distance: 1.336 ft o Sale Date: 8 May 2018 • Account: R0822001 o Time Adj Sale Price*: S305,402 o Residential SgFt: 1.463 O Land Acres: 0.17 e e 793 S Settlers Add Comp • 265 600 o Distance: 1.339 ft O Sale Date: 11 Sep 2017 • Account: R0821901 ▪ Time Adj Sale Price*: S281,855 • Residential Sql t: 1.231 • Land Acres: 0.17 Add Comp 764 S o Distance: 1.435 ft O Sale Date: 26 May 2017 • Account: R0072101 • Time Adj Sale Price*: S365,016 ▪ Residential SqFt: 1,502 • Land Acres: 0.15 Add Comp 804 S Pioneer • Distance: 1.454 ft o Sale Date: 16 Mar 2018 o Account: R0825201 o Time Adj Sale Price*: S308,652 • Residential Sqi t: 1.495 • Land Acres: 0.17 Add Comp 802 S Settlers • Distance: 1.477 ft o Sale Date: 9 Jun 2017 • Account: R08I5601 • Time Adj Sale Price*: S284,563 • Residential SgFt: 1,231 • Land Acres: 0.17 Add Comp D2.600 • • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 774 20,000 o Distance: 1.489 ft o Sale Date: 14 Apr 2017 o Account: R0072001 o Time Adj Sale Price*: S350,976 o Residential SgFt: 1.560 o Land Acres: 0.15 e 814 S Pioneer Add Comp • $314„500 ▪ Distance: 1.515 ft o Sale Date: 30 May 2018 o Account: R0825101 o Time Adj Sale Price*: S316,576 • Residential SgFt: 1.495 • Land Acres: 0.14 Add Comp • 813 S Settlers S 2.100 ▪ Distance: 1.518 ft • Sale Date: 11 Sep 2017 • Account: R0823201 • Time Adj Sale Price*: S320,589 o Residential SqFt: 1.502 o Land Acres: 0.14 815 S Pioneer Add Comp • S37 7 2, 00 o Distance: 1.524 ft • Sale Date: 30 May 2018 o Account: R082850I • Time Adj Sale Price*: S374,556 • Residential SqFt: 1,495 ▪ Land Acres: 0.14 Add Comp 742 S Traildust ▪ Distance: 1.526 ft o Sale Date: 27 Oct 2017 o Account: 80072401 • Time Adj Sale Price*: S337,239 • Residential SqFt: 1.478 o Land Acres: 0.16 Add Comp 19,900 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 812 S Settlers o Distance: 1.537 ft o Sale Date: 31 Jul 2017 o Account: R0815501 o Time Adj Sale Price*: S328,397 • Residential SqFt: 1.495 o Land Acres: 0.14 Add Comp El 794 S • Distance: 1.543 ft • Sale Date: 1 May 2017 • Account: R007I901 o Time Adj Sale Price*: S364,253 • Residential SqFt: 1.495 • Land Acres: 0.15 Add Comp 823 S Settlers • Distance: 1.573 ft • Sale Date: 11 Sep 2017 • Account: 80823301 • -lime Adj Sale Price*: S296,924 o Residential SgFt: 1,231 o Land Acres: 0.14 Add Comp 834 S Pioneer • Distance: 1.625 ft • Sale Date: 6 Apr 2018 • Account: R0824901 ▪ Time Adj Sale Price*: S313,616 o Residential SqFt: 1,463 • Land Acres: 0.14 Add Comp 833 S Settlers o Distance: 1.628 ft • Sale Date: 29 Sep 2017 o Account: 80823401 • Time Adj Sale Price*: S313,160 o Residential SqFt: 1.478 o Land Acres: 0.14 Add Comp S3')'4300 .800 ).,500 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 835 S Pioneer $305,900 o Distance: 1.634 ft o Sale Date: 30 May 2018 o Account: R0828701 o Time Adj Sale Price*: S304,798 o Residential SqFt: 1,231 o Land Acres: 0.14 e 8 832 S Settlers Add Comp S2 - • Distance: 1.645 ft • Sale Date: 26 Oct 2017 ▪ Account: 80815301 ▪ Time Adj Sale Price*: S298,022 o Residential SqFt: 1.478 • Land Acres: 0.14 Add Comp 815 S o Distance: 1.665 ft ▪ Sale Date: 21 Feb 2017 o Account: R005470I ▪ Time Adj Sale Price*: S331,723 o Residential SgFt: 1.495 o Land Acres: 0.15 844 S Pioneer 29, • 700 • Add Comp • S3 8„600 ▪ Distance: 1.680 ft • Sale Date: 6 Apr 2018 ▪ Account: R082480I • Time Adj Sale Price*: S322,837 o Residential SgFt: 1,495 • Land Acres: 0.14 Add Comp 830 S Village o Distance: 1.682 ft o Sale Date: 21 Mar 2018 o Account: R3910805 o Time Adj Sale Price*: 5319,260 • Residential SqFt: 1,478 o Land Acres: 0.14 Add Comp • ,0010 • COMPER by Spatialestl.htmll7/2/2019 7:23:13 PM] COMPER by Spatialest e e e 843 S Settlers 311,600 o Distance: 1.683 ft o Sale Date: 15 Nov 2017 o Account: R0823501 o Time Adj Sale Price*: S347,285 o Residential SqFt: 1,495 • Land Acres: 0.14 Add Comp 842 S Settlers ▪ Distance: 1.699 ft • Sale Date: II Sep 2017 o Account: R0815201 • Time Adj Sale Price*: S276,973 • Residential SqFt: 1,231 • Land Acres: 0.14 Add Comp 853 S Settlers • Distance: 1.737 ft • Sale Date: 13 Oct 2017 O Account: R082360I ▪ Time Adj Sale Price*: S301,923 • Residential SgFt: 1.478 • Land Acres: 0.14 Add Comp 855 S Pioneer • Distance: 1.743 ft o Sale Date: 30 May 2018 o Account: R082890I o Time Adj Sale Price*: S295,034 o Residential SgFt: 1,231 O Land Acres: 0.14 Add Comp 864 S Pioneer • Distance: 1.790 ft • Sale Date: 30 May 2018 • Account: R082460I o Time Adj Sale Price*: 5314,462 • Residential SgFt: 1.495 • Land Acres: 0.14 Add Comp 1L. • • • • COMPER by Spatialestl.htm1 7/2/2019 7:23:13 PM] COMPER by Spatialest 863 S Settlers • Distance: 1.792 ft • Sale Date: 30 Oct 2017 o Account: R0823701 o Time Adj Sale Price*: S332,495 • Residential SgFt: 1.515 • Land Acres: 0.14 862 S Settlers -)0 Add Comp • S297,000 ▪ Distance: 1.808 It • Sale Date: 9 Oct 2017 o Account: R0815001 • Time Adj Sale Price*: S313,097 ▪ Residential SgFt: 1,495 • Land Acres: 0.14 Add Comp 813 S Traildust o Distance: 1.813 it o Sale Date: I I Sep 2017 • Account: R0053101 • Time Adj Sale Price*: S298,516 o Residential SgFt: 1,495 o Land Acres: 0.15 874 S Pioneer Add Comp S29 • Distance: 1.845 ft o Sale Date: 8 May 2018 o Account: R082450I • Time Adj Sale Price*: S300,671 o Residential SgFt: 1.463 • Land Acres: 0.14 Add Comp • 1.00 700 � • 873 S Settlers e. 100 o Distance: 1.847 It o Sale Date: 29 Jun 2018 o Account: R082380I o Time Adj Sale Price*: S308,000 • Residential SqFt: 1.231 • Land Acres: 0.14 Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 810 S Wagon >3OO ?0I o Distance: 1.880 ft o Sale Date: 21 Apr 2017 o Account: R0052601 ▪ Time Adj Sale Price*: S329,479 • Residential SqFt: 1.502 o Land Acres: 0.15 8 884 S Pioneer Add Comp • $302300 • Distance: 1.900 ft • Sale Date: 8 May 2018 • Account: R0824401 • Time Adj Sale Price*: S304,295 o Residential SqFt: 1.495 • Land Acres: 0.14 Add Comp 885 S Pioneer • Distance: 1.907 ft • Sale Date: 14 Mar 2018 • Account: R082920I • Time Adj Sale Price*: S318,342 • Residential SqFt: 1,502 o Land Acres: 0.14 Add Comp 853 S Traildust o Distance: 1.910 ft o Sale Date: 26 May 2017 o Account: R0053301 • 'Time Adj Sale Price*: S302,473 • Residential SqFt: 1,478 O Land Acres: 0.15 • :7 z' I \19..1 Add Comp • 830 S Wagon ,:y 32,6UO • Distance: 1.927 ft o Sale Date: 14 Jun 2017 • Account: R0052501 O Time Adj Sale Price*: S316,710 o Residential SqFt: 1.495 • Land Acres: 0.15 Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 894 S Pioneer S32S,700 • Distance: 1.955 ft • Sale Date: 8 May 2018 • Account: R082430I • Time Adj Sale Price*: S330,869 • Residential SqFt: 1.502 ▪ Land Acres: 0.14 Add Comp 893 S Settlers ▪ Distance: 1.957 ft • Sale Date: 4 Oct 2017 • Account: R082400I • Time Adj Sale Price*: S310,778 • Residential SqFt: 1.495 • Land Acres: 0.14 Add Comp 895 S Pioneer • Distance: 1.962 ft o Sale Date: 28 Mar 2018 o Account: R0829301 • Time Adj Sale Price*: S306,306 o Residential SqFt: 1,463 o Land Acres: 0.14 Add Comp 1935 • Distance: 1.968 ft o Sale Date: 25 Jun 2018 o Account: R0071001 o Time Adj Sale Price*: S341,400 • Residential SqFt: 1,495 • land Acres: 0.15 892 S Settlers • S2' 4,800 Add Comp 6O. o Distance: 1.972 ft • Sale Date: 10 Jul 2017 • Account: R0814701 • Time Adj Sale Price*: S280,116 o Residential SgFt: 1.231 ▪ Land Acres: 0.14 Add Comp • • • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 904 S Pioneer S 3 5,000 o Distance: 2.016 ft o Sale Date: 13 Mar 2018 • Account: R082420I O Time Adj Sale Price*: S331,500 • Residential SqFt: 1,495 • Land Acres: 0.17 Add Comp • 903 S Settlers S318 , 5 0 0 • Distance: 2.018 ft • Sale Date: 31 Aug 2017 • Account: R0824I0I • Time Adj Sale Price*: S340,542 o Residential SqFt: 1.502 • Land Acres: 0.17 Add Comp 870 S Wagon O Distance: 2.023 ft • Sale Date: 27 Apr 2017 O Account: R005230I • Time Adj Sale Price*: S352,731 o Residential SqFt: 1.495 • Land Acres: 0.15 902 S Settlers • S-;21,600 Add Comp • S290,000 O Distance: 2.032 ft • Sale Date: 27 Oct 2017 • Account: R0814601 O Time Adj Sale Price*: S305,718 ▪ Residential SqFt: 1,495 • Land Acres: 0.17 Add Comp 901 S Village • Distance: 2.049 ft • Sale Date: 5 Apr 2018 • Account: R0814501 • Time Adj Sale Price*: S332,362 o Residential SqFt: 1.495 • Land Acres: 0.17 Add Comp S328,000 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest 975 $310,000 o Distance: 2,1 1 1 ft • Sale Date: 28 Apr 2017 o Account: R0064701 o Time Adj Sale Price*: $340,008 o Residential SqFt: 1,502 ▪ Land Acres: 0.17 e 1954 E Add Comp • $330.600 ▪ Distance: 2.116 ft • Sale Date: 25 Jun 2018 o Account: R0065301 • Time Adj Sale Price*: S330,600 • Residential SqFt: 1,495 • Land Acres: 0.15 1934 E Add Comp • .x,000 o Distance: 2.127 ft o Sale Date: 25 Jun 2018 o Account: R006520I • Time Adj Sale Price*: S340,000 • Residential SqFt: 1.502 o Land Acres: 0.15 Add Comp 914 S Pioneer ▪ Distance: 2.134 ft o Sale Date: 23 Apr 2018 • Account: R082730I o Time Adj Sale Price*: S335,909 o Residential SqFt: 1.502 • Land Acres: 0.17 Add Comp 1.500 • 924 S Pioneer ' 9,400 • Distance: 2.196 ft o Sale Date: 8 May 2018 • Account: R0827201 • Time Adj Sale Price*: S321,508 • Residential SqFt: 1,495 o Land Acres: 0.15 Add Comp • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] COMPER by Spatialest e e 8 945 S Pioneer S309,1'+ • Distance: 2.199 ft • Sale Date: 25 Jun 2018 • Account: R082750I o Time Adj Sale Price*: S309,100 • Residential SgFt: 1.463 ▪ Land Acres: 0.14 Add Comp • 1002 Traildust S')38,3O • Distance: 2.221 ft • Sale Date: 25 Jun 2018 • Account: R00640O1 • Time Adj Sale Price*: S338,300 • Residential SgFt: 1,463 o Land Acres: 0.15 Add Comp 1917 E Trail • Distance: 2.247 ft o Sale Date: 25 Jun 2018 O Account: R0063501 • Time Adj Sale Price*: S337,400 • Residential SgFt: 1,495 O Land Acres: 0.15 • COMPER by Spatialestl.html[7/2/2019 7:23:13 PM] Hello