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HomeMy WebLinkAbout20172342.tiffAugust 15, 2017 CLERK TO THE BOARD PHONE (970) 336-7215, EXT 4226 FAX (970) 352-0242 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 CHANSLER ROBERT C 14116 COUNTY ROAD 7 MEAD, CO 80542-9612 Account No.: R0029693 Dear Petitioner(s): Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the above Account number. Please be informed that a withdrawn petition precludes any further challenge to the valuation of the above Account number for this assessment period.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. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor 2017-2342 AS0097 From: Contact Weld To: Esther Gesick Subject: FW: Withdraw of appeal for R0029693 Date: Monday, July 24, 2017 10:11:23 AM Thank you, Cri4twt StepheAu- HRR Office Technician III Human Resources 1150 O Street Greeley CO 80631 970-400-4238 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: Bob.Chansler@ricoh-usa.com [mailto:Bob.Chansler@ricoh-usa.com] Sent: Monday, July 24, 2017 10:10 AM To: Contact Weld <contactweld@co.weld.co.us> Cc: bobchansler@yahoo.com Subject: Withdraw of appeal for R0029693 I wish to withdraw my appeal for the appraisal of my property at : 14116 Weld County Road 7 Mead, CO 80542 R0029693 Thank you, I have personal email at bobchansler(a�yahoo.com RICOH Bob Chansler Software Developrncnt Phone; 720.663,3408 @:mail: bob.chanslerPricoh-usa.com infoorint,corn Ricoh Production Print Solutions, LLC BLDG 004 63'J0 Diagonal Highway 13oulacr, CO 80301. NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 R0029693 CHANSLER ROBERT C 14116 COUNTY ROAD 7 MEAD, CO 80542-9612 2017 5521 RESIDENTIAL 720,221 6502985 Date of Notice: 6/30/2017 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 6:00AM — 5:00PM M MEA WE -T1 TRACT 1 WEINGARDT EST 14116 COUNTY ROAD 7 MEAD , CO ASS. RECEIVED JUL 1 4 2017 WELD COUNTY COMMISSIONERS T AL NtALUEETo ACTUAL V $720,221 I $650,985 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: - The actual valuation of your property has been adjusted based on new information. This may be information you have supplied, corrections of characteristics or additional sales. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C ASS The deadline for filing real property appeals is July15. a. The Assessor establishes property values. The local taxing authorities (county, school district, city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority is based on a projected budget and the property tax revenue required to adequately fund the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall. If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities. Please refer to the reverse side of this notice for additional information. Agent (If Applicable): 16-DPT-AR PR 207-08/13 R0029693 2017-2342 County Board of Equalization Hearings will be held from July 24th through August 4th at 1160 0 Street To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to: Weld County Board of Equalization 1 150 0 Street, P.O. Box 758 Greeley, CO 80631 Telephone: (970) 356-4000 ext, 4225 Online: http://www.co.weeld.co.us/apps/oboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property - after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. if you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), D.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment A meals District Court 1313 Sherman Street, Room 315 Contact the District Court in the County Denver, CO 80203 where the property is located. See your (303) 866-5880 local telephone book for the address and www.dola_colorado.gov/boa telephone number. Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization. f the date for filing any report} schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, ~ 39-1-120(3 , C.R.S. . What is your estimate of the property's value as of June 30, 2016? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-406(1.5), C.R.S.) 6-4n/cO What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed ost, appraisal, etc.) • _ adtit ict- . az,o4 r a-teier.1_51-- I, the undersigned owner or agents of the property identified above, affirm that the statements contained herein and on any attachments hereto are true and complete. A,icirgateThial Signature ,theriere Aga& Email Address 97‘0 -s-3s-agd� Telephone Number r 1 Attach letter of authorization signed by property owner. 2r -be -etc/ 7 Date 16-DPTi -AFB PR 207-08/13 R0029693 Borrower Property Address City Lender/client Robert Chanster 14116 County Road 7 Mead Premier Meters Credit Union County Weid File No. W306716 State CO Zip Code 80542 Services invoice Sumrnaiy of Salient Features LISPAP Identification URAB Additional Comparables 4-5 Additional Listings 1-3 Malt Conditions Addendum to the Appraisal Report Fbdd m Location Map Comparable Sales Map Listings Map Nw_ Building Sketch . Subject Photos Subject Photos Subject Photos !Medlar Subject Photos Interior Subject Photos Interior Subject Pbotos Interior ... Sul eC1 Photos tAteribr Corrcarable Photos 1-3 Comparable Photos 4-6 Ustings Photos 1.3 UAD Definitions AdOen[um Credentials e TABLE OF CONTENTS 404.r ,. 114 ...ig..,,.......44.4.4.i„ii..l,i,.l,..,lf..R_.. NN II *SO 1 2 3 4 .-, 10 11 IHfl+tf/a„as.a..-.•aae,i III Ii,!!,e 4.004 12 13 14 15 16 17 18 19 20 21 22 23 24 25 • 26 27 28 31 we. IS* I-4414 OP 0014. I, .eeee'n fll, eveNNf,e,,,, a_•04K lbliRk Hl Hif/iifUf@i+i'„"„e! .- 1,NPR,U„++e, OVI_I Form TOCNP - "TOTAL' appraisal software by a la mode, inc. -1- ALAMOOE PPPPPPP INNNNie! N,! „M„• SUMMARY OF SALIENT FEATURES Address IAA OesuiPton ' - -Ir County State Tip Code Census Tract MAP Reference 14118 County Road 7 Trade 1, Weingardt Estates Mead Weld CO 80542 0021.03 STR 22 3N 68W p Sate tie 0Me of She $ Wider/awl Robert Crane' Premier Members Credit Union = Size Owe Pry per Square Fri Mara Abe Condibod Total s Bedrooms Efts 2,188 $ N;Res; 44 C3 9 4 3.0 Appraiser Oats ol Appraistd Value Timothy E. Poole, Certified Residential Appraiser 11121 16 • Final Estimate of Value $ 569,000 Fnt SSO - `TOTAL' ti l sage by a le mode, kW. -1 ALA tE Borrower Property Address Cty Lender/Derr! Robert Chansler 14116 County Road 7 Mead Premier Members Credit Union W366716 Cooly Weld State CO Ep Code 62 APPRAISAL AND REPORT IDENTIFICATION This Report is one of the following 'types: X Appraisal Report (A *linen reporl prepared under Standards Rule 2-2(a) , pursuant to the Scope of Work, as disclosed elsewhere in this report] Restricted (A written report prepared under Standards Rule 2-2(b) , pursuant to the Scope of Work as disclosed elsewhere in this report, Appraisal Report restricted to the stated intended use by the specifed client or intended user) Comments on Standards Rule 2-3 t certify that, to the best of my knowledge and belief: - The statements of fact contained in this report are bit and correct The reported analyses, op!iions, and conclusions are limited only by the reedited assuntiplions and limiting COndilims and am my personal, impartial, and unbiased professional analyses, opinions. and conclusions. Unless otherwise indicated, I have no present or prospective interest in the properly that is the subject cd this report and no personal interest wilt' respect to the patter involved. • Unless otherwise indicated, I have performed no services, as an appraise or in any other capacity, regarding the property that is the subject of this report within the three-year period immediate preceding acceptance of this assignment. ! have no bias with respect to the property that is the ,subject of this report or the panes involved with this assignment - My engagement in this assignment was not contingent upon developing or reporting predetermined results. - My compensation for compelirrg this assignment is not contingent upon the development or reporting c4 a predetermined value Of direction in value Thai favors the cause of the client, the amount of me value opinion, the attainment of a stipulated resalable occurrence of a subsequent evert directly related to the intended use ol this appraisal analyses. opinions, and conclusions were developed, and this report has been prepared, in corrtormtty with the Untform Stands of Professional Appraisal Practice that were ineffect at the time this repel was prepared. - Unless otherwise indicated, I have made a persona) inspection of the properly that is the subject at this report. - Unless othar ise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certtfication Of there are exceptions, the name of each individual providing si nilieant real property appraisal assistance is stated elsewhere in his report). Reasonable Exposure Time (USPAP defines Exposure Time as the estimated length of time that me property interest being appraised would have been offered on the market prior to the hypothetical consummation ota sale at market value on the effective date of the appraisal.) My Opinion of Reasonable Exposure Tire for the subject property at the market value stated In this report is: The reasonable exposure time far the subject property is estimated at 60 - 90 days. Comments on Appraisal and Report Identification Note any USPAP-related issues requiring disclosure and any state mandated requirements: The purpose of this_ inspection and analysis. is to establish an estimate ol "Market Value" of the subject real estate as of the appraisal date_ "Market Values es used herein is defined as the most probable price_which a property_ should_.bring in a competitive and open -market under alt conditions requisite to a fair sate, the Myer and se each acting prudently and_ knowledgeably, and_alptir g the price is not affects - - by undue stimulus. Implicit In this definition is the consummation of a_sale as of a specified dale and the passing of good title from seller to_ buyer under cogditions vwherebyl: _ - !, 1. Buyer and seller_are typically motivated; _ 2. Both parties are well informed and welt advised, and acOns rn-uv'hat they consider )loon' tit intftiesti.- i 3- A reasonable Reid of Wee is ally for exposure in,ttye opeci markets- - _ -- 4_ payment is made in terms of cash in U.,S. dollars or_ifilterMS of financial arrangeiertts Cori rabie thy; and 6. The price represents normal consideration fo the property sold unaffected by special or' sales concessiOns granted to- anyone associated . with the sale, or other special or creative terms, services, fees, costs, or credits involved in the transaction. Based on this analysis, it is concluded that the value of the subject property at the time of the inspection is: $669,000 The intended use of this report is for the sole use of the Premier Members Credit Union, for lending purposes. No other use is allowed_ The appraisal was prepared in accordance with the requirements of the Uniform Standards of ProfessionalAppraisal Practice, and_with the requirements of Title_X,I of the Financial Institutions Reform., Recovery and Enffrcement Act of 1969i as amended (-.2 U.S.C 331 at set) APPRAISER: SUPEAVI$ORY of CO -APPRAISER (if applicable); Signature: Name: Timothy E. Poole, Certified R sfJential Appraiser 2142 Steele Street, Longmont, CO 80501 State Certification #: CR4Uot 57D1 or She lctrtse #: State: CO Expiration Cate of Ceabon or Lcense: Date o1 Signature and Deport: 11/26/2016 Effective Date ol Appraisal: 11/21/2016 Inspection of Subject: Nope X tied& and Eiieniar Dale of Inspection app4icab'iet: 11/21/2015 12/31/2017 Signature: Nang: State Cera ts:lion _ _ or State License #: State: Eviralion Date of Gerblcaticri or License: Dale of Signature. Exterior -Linty Inspects" of Subject None ' Interior and E4erior i Exterirx-Only Dale of irspection (it applicable): Form ID 14E - 'TOTAL' appraisal software by a la mode, Inc. - 1-800-ALAM0DE Tin Poole (303)772-2537 Unify Residential Appraisal Report. l r 716 The purpose ot Ibis - ,. .' .1t :ti0. ..-1i IS to ire* Ue lender/clot an accurate,arad adequately supported, `_rime' oftie niarkd vase of NoTAW i 9 t ;- Properi mires_ . 14116. Countyt Road 7 ... . .. _ . _ .. _ .. . Mead -- .__._ - -- -' cos '?fit'_•_ Sorry Roll Ch :1 ti- f _.. ---. __ _ ... ..._ ._.._. _ _. .. . Um"( of F t� R . Osier M Weld _�_ _ _ . alt_ Pull__ - -- --- - -- � .. Caul - Tract_ i t 'dt Estates , .__ - _ . _ .. _ _ . . _ _... _._..__ ___ ._ _ _ ._ _ , _ _ .... ___ _____..._ __ •_.. Assessor's P 1207`22000047 _ Tax Year 70i R.E. Taxes $ 5 ,.,. _, _ u 1 1 Naafi �Ru_rel Mead 'R!- 22.31 6B V' s Tract OO2tOi.. .. - __ . -- - .. _ ... , -Nirolifirence _S _� �_t_ _ - - L occ Owtrer :Ti i Tempt f vacari __. __ ., � se t 4 it �_ t?l THOA S 9 [_- ar [ Per mono _j_ 2 P+r� f t#s F•ee Simpie :_ _L. _ _- - .. r - .. • .... -. .. _ . r . 0 As nr ft Type : i Plains. Tra Lender fot Premier Members is the property r offered Fi t data scouts) used* offering +. .. T� .., .1 _I. eft ,J�niort _ t for sate or..has it beery aged tot sale in the tefrel s), aid s). owl mti mid 7.iAf1 tl l rte' . 5505 Arapahoe Avenue, Boulder,. CO 8! 3 a months prior to lie, effctnie dat gilt* *Ix 1' -. �� . Yes No er t I 1 dkl 1 ; did net analyze contract br sat for the subjectrudest transaction. the results of the anitysis of Po performed: Contact.Price $ Oate of Contract b property seer the owner' of public recce? a is Mere any asses cloves, e a :, • i - y tx 1 t 1 r . o ash. etc.) ki ebe l 'Ar any party on ti Yes, repot the tourl dollar amount and ttscribe the items to be p}aid- wind for sale or _ 1 Yes : 1 No behalf of the borrower? why iv analysis not • Data Source(s) _ - -- - r^ i Yes , No - - --r __T... .- —. T. ,_._ Note: Rye and the Sal compaltio► of the neighborhood are not oppreisal -4 .` ...i::• 4 ��+ 1 4 .^S' w. V YM1^r.. ..ti 4- 4? g!ti7 • r qq:-S. K 7 •'•]I.j i Si.- .. .,,' '{.. . •9 `>!YV 11 . �-:i� �[�} yry� `? i�' .'- .__ .,ti .�}}. :Y :.4 y{ �.`L.o._ . .` �1 ''_['er... .rl ��: _ S t . L �/�.,..� �. {4'-•�V' - '.Y ..ti 1 S . l _ SS • S`' } I.- ` [ S •4'\ a .""1.:C.1)21 ..,,\i, . ,.��. 1 ,1T �C ,.:7371 ���yr. L •, � {� e�s .Y �L�uS i'}}�� J.��1 l �h--- •.1 �•o .�i .�".. �.y •� l.i'.:1. ~ • - / } �•...j f`• �f.ra Yh' }, y�� •':� L' .lf ... -r. •K-: '�{�j�B'��.--....-..Y�-. "'�-�!!y.;r.::.{,.$1.. ...-q.-L.+�.•tl •Y {x •+j6 _�.\��}:',. .. �'N". .:•-..: ti, ....:.w�1C^" r.',�'- ..•1�.'..r �:9�8_}G [S t:{'.{`1 �.i tn�1'�� ..1L�'1:4.. �L�5`k-.•ty Location . Urban ! r Rural � ValueS increasing € ! Siabiuer i-,.; Waning ' .. ,E AGE` 1 One -Unit __ - 0 C3 Butt -Up ! 1 Over 75% X 25-7 ° I Under 25%��ly 8 '9q s!: Rapid S : 9 Slues a ET $tei f onccod Boundaries 'e subject area assts 2 North: County Road 48 _ Southa .County Road -6, fleilhherhoed t7escfl n , The. subject area is . Maiming Time f primarily of 14_ East. unin�e'd .. i single area Shortage II_ tinder 3 riffs fan*. hornet 85 West south of In X3-.6 _ .. - _ Meady_i , Boulder I _ I i, r Su>p . _ !- pm nr ' . . i County. . $ ) Cm) taw t} .. _ ..9$5 .. ith _ so . . 550 __ 1:... 45 The sub, l5 convenient 12-4 5 % NirrE-Fainly . 5..% t Cie i$ .10.X ii Offer - --- - _. . 10 % to amenities. men tie __ .- L such as schools, shopping, parks and 1-2$0 as *ell as the larger market of Lompoc* five des west. There ale no tcMawn negative factors which would- negatively_ affect roarketability in this ame. .The other. 10% in !a' is open space_and parks._ .. _ ...... _ _ __- - _ _ .. . Market Ce bens' maid 4Set � app tsar' pbo+we �... conditions ar±s s�id�'�i_�+aod �x �tts tea �T taratyr>d tlaal�ad area. Interest _ _ _Market _ - rem are average.* �`.4 - 4.5%_ Values declined in the.area when the Real mate brabtl burst, but values have f tteried ogt and stabilized! and _ . - - ._ ... _ ..- . -- _.. _ ....- _- ...,. ... - ._ ... ._ _. ... _ ..... _ . _ ... - - .. ........ showsigns of a increase � values. 01 Surv+ey_unavarl€ible to apiraiser Area 6.49 ac S1UPeReg?! Yew B,RuraI-O,pen ,._r, _ -_ 3! 2 _R .. _ . • _ _.. _ . - . - - � q _ peal Low Density _ - _ _- . _ ,- - .. .. _ ..- ...... .. . • TON I� � �a )_ L No i !Vail __X_ ._ -- • _ _ _ . tsihe ti!gle'st err best rs8 of sit PPM! a's lei turd (a as par piers ? that$ prate rte? . _. .« .. •..- .._ .. ...... *...11.14.9_ tt t+io, e •• •utfl t P C!'* (d'� Pty oche O iep - T r • PUIliei' X71 !! - 1l 3 . i Water ; -! _ . _ ...- -__ _ _ . _ ... - Mp l� ,. _ ... '. g ,f Gas . ' i rfySewr�nx i _ DC .Septic -. TYPi . None . - . l..1 FEMA Special Flood Hazard Area - ; Yes X No FEMA F to d ions x F t4ap # 08123C18.80E � 01/.20/.2016 _ ess-L.1 . Li .. _ - . Are tie thltiti ande _ why � b n arei? _ yes _ L i mi0 K No, (mat, Q p�(� �y � f p� (� �/ *sate. Uwe arty !t :Ise sWe 1 t'' 0 :4.. s o 63ts, enaoIHp Wt' arritamental •. • laid unsets', fir.} r 1 ! 1 es X No N es — •{ •'L..:-•}:.{�: : iv:• -•j. •. t.Ypti ::._ Jib- �.,� 1-2&;:i 7 •- o'r_�11.i ,. :•]L:r '-. r'.w :'J ..�'�'� �. 4 5 j� P .+� }.L45 .;t r:..:r l�,' . y]�y 4, lCy Yf.. ' .�!S :t ♦' .:T L M.' i7 , r .�xl / - }� ..._f'f. .. 1. • •:'��'}. �'.'11�:?�..-�F-•':.a:�":t:'4., r: .-..... `"`ti6:.S5 '`� r �. _ .tip as yr•�q�[{g5..wflr.�y.'�i' '. tr ..t^"21[ ,per 4G-<.o�: 'r _ _ •7 n- j J.. <$�t,Y'(~.:} } .\. ei` � .. ti. .r`.':r �4�ht'.4 �h,. :'t':}% - - �S i' _4 � :5h;� a �. �a_ �� -, !' ' ', t'.M.:71:77:777-,:z) �:. r$:Fts�r�. �.,�.. Ones • _•. - One wee► Accessarsy tom. 1,. C�t1mete fib_ _ p OastSpace - .,. ...,v!-rJ'�:r Fours pry W,Ils pours d COnentte cl_ --Como_ _. _ C3 f of aortas 1 ... . . _rf.i4 8!_. . Pei Baserner J. Efr or wash Bride. -Frame _C3 - .. . _. . _ - Pc y_w O3 .. ' Type X � t ` Mt ... ' 5-littjEnd Uni .930 wt. - - Com '8 . ... Trircnrsh _ _ Stain __..__ .. X Existing .. ; Finalised ' _ ) tom tom. o ( ) . Contemp B se_ meat Fria 50 % Wilde Eray/D it I S4mrp Pump _ _ __Q3 .. � & Dowr ous Aluminum -_ _ C3 . _ Vlrx Type Metal Sliders . .__ Badfr liter_ __ _C _ - .. __. C3 _ _ 8th %Saki Ceramic 'Fite C3 Year 1972 I'Evidence c f _,1 l onLitPt ._ . _ Saran Sas 'insulated insulated? . Cs , stony!, LI, E (Yrs) 20 i : 1 1. ° t -` r _i ! Satinet . _ •Screens Yes C3 thieevvay # of �� -e Attic L f i . : drop Stair s : Stairs ■®' !letting U' FW A t,_ -J _I ?Cooing `t i Natural _ 1 t� Gas Amenities mss) a 1 . i W�s} # 0 � F4Ln. __ _ �y�{'# /j�4 f/..hty# n_. II. - Po i ,,d jot e• Garage._. # 5.4 C _ .2 __ . V. , Aoor Scutk - - All Grrndik ng >dflec , P o Pat ...QPIP. .. _... TLca rart_ 1 d1 fa'rs 0... _. _let tn _. F r ILI r _1 ! None . H Sunroom i Aft f [. Built-in 7 . :_e_, Refrigerator w RangelOveti 0 4_, i'L.,11.: di! Wynn ai Washed) .± Oft Suite Wall mounted double ovens w frilled sea aim grade cooks: 9 _R s a 4 earogin 3.0 8alli(} ' Addi ! terms (swing u e icy it.). built The sub built in this 2,70$ _ ,' q re- of 6ruass Lim A A ne prhooci. Aft fixtures of a p ar pt nature are! ... - � - - - Fri . � -- .ki.�l.of_honies_ - - _ . 8_ included in value. R.�' not �� _is Describe the ceritstieh, Cf.N pmpe Crag needad,repairs, deteriaricit 'Neva,. TlIkleft e • - CUcrt unkrttowlkiaathsp9ps-flpootedntibeframe unkno_wp,The.l4then ate. bathrooms have been updated by thus rwrea s, but t with an ufkrt tiftieline. The kitchen 4.04 Ibethroo01s-have beeP. wen wired , and_ met rr to_be. ocddateQ -1-Jb urea, rrnaEyr- the r c rldnils .C.na'rn _nO4 , - �_._.. and fixtures are reachin a area of their useful lives and will soon need to be replaced. 'there was_nolunctorial or external obsolescence noted at the time of the irtspectjon. Physical detedwation is less than cir_equalto that of fryers of smiler a irf_the,su act neiighborhood_ __ _ _ .. ___.. Arse therealy physical deficiencies. or adveerse con ire fat a ect Cite US sound flr structu al it r l r_di the ►? . _ - - - - . _ ! J. 1.01.1... X !lc t! Ye e a . - - -- - - -- - --- --- - -__ ----- - .-_ . _. .. ____-__ - - -.. __. .._.____- -..-_........ ..-.. Does thi, timely generally conform to n ghbortraod ((trrr wi oily. shit, cord*, , mina* etc.)? DC Yes 1 - No bleu OAf) Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005 Freddie Mac Form 70 March 2005 Fenn 10040A0 -'TOTAL° appraisal sewn by a la modellnc, -1--ALAMOIE Uniform Residential Appraisal Report CV:R425067 P.# W306716 There are 7 comparable properties currently offered for sale in the subject neincrtiood raming in. price from $ 375,000 $ 895,040 There are 21 el .0rab10 sales in the subject ' l" I I III . - _ _ -. _ _ ___ Wit '} the oat twelve meittit radio in Wei Vice from: N10.666 ,., _ t _ _ 955.900 FEATURE SUBJECT COf+ PARABLE SALE *1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address Proximity Sale Sale Data 14116 to Price . .ic�ross Price/Gross Source{s) County Road Mead, CO 80542 Subject �f Area UV. 7 �., , ' xl : �^ %5 S T a ..::, t.....l f 3471 Fairways Dr Mead, CO 80542 3.84 miles N ,�-{,V / �r ;,,�� :$ .. r��'v ..s..ir7G•-., ...�'t - / 1i� 1 87 •i �- �� IRES MI.S/Assessor;DOM - 5t8 000 y { t \ .:1~� �-. Y. S J 4SS� v 1r Y .. M1 fhf.}� r Y f r. �+�.i.�lwiiti:'r .si.`4�4{tti`i �R' 38 12636 Longmont, 3.37 Linda Vista Dr CO 80504 . mires 1111' 2316 Horseshoe Longmont, Cir CO 80544_ _ - - 7.34 mires NW . -- _ Y• . 1`•:YZ• Y'- J- y V`0 010 :;>s3tix .°k< :.. $ 550 J'.w�: S}��i�0�� e'i•�-7:-.--,......„..c,,,,,,.... 5 $4 w.'?..:r .;w� ;:.frr� }..:v �-\.�v'.�Sur .. .0 — ���`r:•.?. •• $ 554ODt3 ,. �, y F t: L1Y $ 200_ �} h�J l41 J-1 J ti 5 _ i.} d -V -,�3 �a?.•J•-�.C ��r -.t Cw:ti.i•` �• V:'YaS{' $ IRES County DESCRIPTION ArrnLth FF-1A•10 x08/16;07116 Rte' N;Res; Fee 6,104C B;Rural;Gpen DTI.5;Contemp 03 44 C3 ; 7 Gsf Good Gfwa)CAC Similar 2ga2rw PorchlCPtolSun 1 FpU1 Yes - No X Net Adj. Gross 24726 < IVILS/AsSessor;DOM SiitTlI �dnns• 2,219 Ad . Records/Realtor _ 3 Wdstove: Avg- + - I : 1 : .... -l• •- _ i .• ,1 . 1.........„. .. ; - I •1.. Baths 2.1 sq-it _ ; 6.3% 6.6%1$ �.�'-. i •t {? •. "Y•�i i�e.'�4':.'Y:.;�}�r: +(-) . • .- - i : f i 1 - - •- _ '$ , i-+ �.i y J. h i; l 1 J\ 4.^Y }-.Y��5 59 $ Adjustment • _ _•......_ _ _ ..., • +1, +14, +8,500 +3,3 - - - - -_ _-'1,000 +10,000 _ 584 !!! {i.4 .. y l • ,�fJ JC~ a:.'. - 0 0 0 *. of 0 r/y' Y , J�r�y, 34,500 500 IRES County Alm Cash x11116;c10V1& N -. _.. _ -- - _ ..�r...if++�•Y fMJlLS/Assessor;DOM RecortislRealtor DESCRIPTION Lth -4O _. Res' 33 +0-) $ A4ustmerit 0 L_ _- I -- --.• _ . Verification Source(s) VALUE ADJUSTMENTS Sales or Financing Concessions ` _~'k DESCRIPTION ..:. :., -. � - -<.-, w•. : - < County Records/Realtor DESCRIPTION . 1 cmUh Conv;i a +(-) $ Ailustmerit 0 Date of Sale/Time Locn Lease) ldYFee Simple . N Fee S.::..,;iii;b:;;,.-. R Simple a s03116;c07rf16.. I fV Fees• r Fee Simp' '• . _ _ Fea, Simpr! -- 4.1$ ac - - -- . +0, 900 - 3 c_-. 1... or- Site ViewB;Rural,Qpen Design Natty Actual Age Conthxan Above Grade Room Count Gress Living 'Basement Rooms Functional Healing/Coaling Energy wage/Carport �y,��.�jP Porct (Stye) of Below Efficient aiicy Goristrucikin 5 Ut4ity �,�n _ Area Finished Grade Items l k 6.49 44 930st465sfin 1 2ga �'y DrI;Contemp 03 C3 Tow 9 rrOb4r(l,Obado Good Gfwa/CAC Standard y��L,j{1jy_{/. Porch ac ; Berms. . 2,788 -' " j��j F ; tors 4 3.0 MI �}h' 11 o sun 2.23 pc. __ E1;Rural;Open DT2; 03 39 C3 Total Slims_ 7 a 3 2,422 828st0-sfrn Good Gfwa/CAC Similar ��j[�Jctw 2ga2 ��y,j[}}/yj Pc V 1 4olpec rternp • 12.1 8 .... .. • Baths sq-g• _ - Qq ela 1_,.. . _ L +12, •• . _ .. e . i tTotal .1,500 1 +9,2 +3,300 i ° .. . .... - ' -3,000 � 0 - 0 • , +700 0 a -T • _ _ _ _ ur B;Rsl;Opcn _ DT2;Contemp •- -.. _.. r _- 03. 43 -- , _.._ .._ C3 Tout ; 9 1488s1Qsfin Cad Cfwa/N Similar �j fly Q`d hd�_ 5 2,741 , nta 1 Baths 3.1 , s -h-•- _ - -1,500 +1,200 -3,900 +3,300 +3,000 -- 9 - � -. 4500 ��' 1 _ L• Un Fireplace__ .,--- -- - cC 'J .f, Fireplace Outbuilding Updating T�,�,�j Net s-lni J11� Adjusted Sale of �rnparabies �j (Ten) Pie 1 Fireplace Yes - Good No p1. ?..:ii.:, -ore{ {S� .S.:-. f" l .5 fc { . X �� �'�� `�� 1 Fireplace Yes - Avg Yes X + FFF��- Net Ao- Gress Adj. 11.7%1 I , • - 2.8% . _ _ +10,000 $ -20,0��0M0 14,500 532 . . rr i ..- Yes - Avg_ yes - .... -- - r i + . - ...±19,000 - clAIo000 $ - 5V0 -X Net Act• 9.5% Gross Ate- 9.5%1 546 510 I •� did • - did not research the sale or transfer history atttre subject property and comparable sales. If not, agatain My research Oita Source(s) My research Oata Sosirce(s) did IRES . did IRES X did not reveal any prior sales or ,larders of the subject property tor the three years prior to the effective date of this appraisal. . MLS/ Public Records X did not reveal Drill prior sales or traders of the =parable sales for the year prior to the date of sale of the comparable sale. . MLS/ Public Records Report the resets of the march and an is of the prior sale or transfer history of the subject prwerty and cerwarable sales (report addliool_p •drop 3_-_ Date f Prior Sale/Transfer ITEM SUBJECT • _ • COMPARABLE SALE *1 ' - _ COMPARABLE SALE .._..__COMPARABLE SALE 3 . 1 Price of PlitOr Salearanster , • • . -.o �- •• •• • • • •_•r• .•• w Data Sources} IRES MLSIPublic Records IRES MLSIPUbIic Records IFRES AlILS1Pub1�-Recrofdg ,� ; iFZES firlLSfPub14C Reaartis_ Effective Date of Data Scxxce(s) .11/2112018 _ g 11/21/201 11/21,12016 i 11/211201 _ _. Analysis at prim salt o+r triansf history of the subiea v000 and c a sales The subject. tta r.. sold in the past three years.. Jipne of %he .. - comparables have sold in the past twelve months. _ . Summar; of Sales Comparison Approach Ati1 sales utilized are similar_ to the subject in size, quality and locailon. Tlryey were all considered Important • in determining the indicated value by the sales similar in updating, and the most similar overall, most recent, similar and most proxwnate ccmparables than the predominate value of single family units comparison approach with most consideration weighted to Comparable #2. as shown by the Gross Percentage Adjustments. The comparables used available at the tine of inspection. Although the indicated value of in•.the subject area, i is not considered to be an over improvement for the It is the. m st to this report were -the the subject t is 'nigher area.. _ .. - . _.__- -- -- ... ---. --- - indicated Value ' Sales Comparison Approach $ 569 b — a�, pp indicated Value by: S Comparison $ 569, ow Approach (it developed) $ 577,3 - f {1C0tl'M!x ft6 The sales comparison or "market" approach is based on data which is adequate in terms of volume and consistency from which to_ r•nplete_ a value conclusion. The cost 5, This appraisal is made X "as is', e completed, - subiect to the )chewing : ldkrwing required inspection based rr. approach tends to limit the upper end of value_ - suet 10 co fancy, per plait and fircdt repairs or alterations on the basis of a hypothetical on the extraordinary assumption That the condition - There is not adequate data to validate the income approach.Li rs on the basis of a hyp It al condition the e improvements Kaye conaion that the repairs ar alterations have tow competed, or' • or deficiency does not rewire Aeration or repair. Non - -. - _ -- . - -y, - - • - • been - _ subject to the . Based on a pima visual of the conacos, and appraiser's , my $ 569 000 , as of 11/21/2016 for and exterttor arm of the subject (our) opirreorr at the Matitet value, es dry., which is the date of . • r : "i r ma defined sow of VICIfic statercein at assomptiOnS and Suing 01 the S property that is tit %Ord et this report ie and the effeCtin date of this • L' '-•- . Freddie Mac form 70 March 2005 I AD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005 Form 1 DO4UAD -'TOTAL" avpr'aisal software by a la mode, inc. - 1 k AMODE Freddie Mac Fenn 70 March 2005 UAaVersion 9/2011 Page 3of6 Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report CV:CV:R425067 AS W300716 The syktiest b $:lie rash horne_pf tood quality frameAnd brick construction with a pertiaik finished pail*, It Ids gPcn..crchi_ Wiles Owlpallor rDm,sunroor frepia � term air nd dnina,_and-oversized Nei car head_garage Jha_inninQ_!roorn ing.room,_ kitchen rtop,k, !array room, all o the bedrooms -and all of the bathrooms are carpeted, a_cerarnic tile floor in the sunroom. The basement has _ large rec room that,, ��erpeted- The kitchen has. wood cabinets, laminate count_e_rtops_with..wood trim, ceramic tiilefcic plash_ and energy __ ant epplia t owners have_ovmed the property .sine Metof 2000. It has been well maintained,. but there has_ been_no _ up4atingi eandcinty_two.improvernepts tothe Property. They_ pi41i the large open patio, and tree,. retepiilars, that mark the driveway at the mad! Thesubject and Comp bles *2 and #4 all sit on parcels of very similar size. Comparables #1 and #3 both sit on smaller parcels that are therefore considered to be inferior to the subject, making site adjustments necessery. _ The sobject sits in the unincorporated rural area of Wekt County, south of Mead, and east of -Longmont. This creates same distinct appraisal problems. The rural areas have varied types, styles and ages of homes situated on_varying parcel sizes, with varied locations. In some cases, the best,comparables available can be 20 to 25 chiles away from the subject, depending on it's uniqueness. Therefore the comparables are selected based pn their site size, proximity to large and/or small towns,-buiding size, utility and the_ corrals and outbulldings on the property. Of_ .. course location istinIcatart but since itIs normally irnpossibte to find sk<nilar _quality cornparables located within a close proxii to the subject, then other con ratio ns must lake precedence. Alf of the comparables are locate within ten miles of the sue turd Are ell _ considered to be one market. There was no adjustment made for the difference in bedroom count. • Since bedroom size can vary significantly, this adjustment was adWessad_ as a matter of the difference in gross living areas, and therefore was adjusted for on the gross living area line. During the course of my inspection I was able to verify that the utilities were both on and functioning. 1 have not performed any mss, as an appraiser or in any other capacity, regarding the subject property of this report within a. three year period Immediately preceding acceptance of this assignment. The appraisal fee for this report is $425.00 y�: '.-t•i{•}a11.0±•}?h kV:Vd l$_.:JC•.•f:Y . "-... - 4.'�•v..r__Ar�....�y Tilde m de adeeuate trrnabob n the lenderfdn# to 'Vitale_the below cost figures and c t . C on for opiriian 91srte v 1 t isliromargecomparable Wasid sales lat Mx rrdlictis far estrnatng ste value) sale analysis of sirxrilar parcels in the_area ; REPRODUCTION OR X REPLACEMENT COST NEW Source of cost data Marshall 8 Swift QuaSAy_ratir>gl trws coast service _ Avg Effective t of cost data .44p1120_16 atom art east Appr> h {gross truing area , depreciailrxi, etel _ The a apprpacp. was done nonce_a sffitagim pet basis us_ing Marshall 5di rublicalion2Cost Figures: Life Expectancy-.......-... ,._6O Years Effective Age--,...20 Years Remaining Economic Life......40 Years Estimated Rana: Economic Life (HUD and VA 4.0 Years a"1.. ^ f-:' . • .r. ik 3e_ r 'f ist!•' §. _r .y { • AL. ._"•ry+.'# 7&'114-..,p `.}.::: 6-- s4kC5.. vari . .. . y- ., •. r .{ti-� a•.•.L• .{•. • •.h4= SAC ,+.+•.i: i.Y•;,, _ The site value estimate was arrived at using land =OPINION Of SITE YAK _ =$ 145.,900 DW'ELLiNG 2,7888 Sglt- (4 4 - - 206.2a =$ _i 5,i rsPet_IRILPAIEPIpctic.aftn.p_ 1_1". Total Estimate d t -ita;r Less depreciation -_ 208,385! 'Oepreciated Cost of Impraunrneits .s -is` Vat cg Si l rust mcr • INDICATED VALUE BY COST APPROACH iedleirall --p( -- 208,3835] 416,832 15,500 tiv.. 9(vti vim.•:• v.v +^^:l •?: ..r, ,r v.+ .. ... ry t. slim "Yf}, t:� tit `;dc•}'"• _ - �• \• ti: ••`ti ._ -- �.i. _ lh :.n, a: �- �- ��,,,.�� ip'" +M` '^Ss`g'w S:A ,}J[.4V^2'e-S1.. AIr� !C:[• •�^74� i�'Y. ri~i�•�. Y .. �Y}��v. L.•r1 :yt.. YFJS} �}r • r ; - �} r 0 o�' • n�7: •v ." + . • •• -'1 : h iI 'f• •I ' y } . L • �� e4.5y" ...r-vY -s r $" :21 =•• % •' :Y,' •`.. v,`-'` . •{Lv t }'{ fi•`�• `4 - 1-� •.� ti4t; `" r S. 'fLr •` ��'Fr •I •7' Yom •. �. .{• ,e( `N a•.. !t. • I.e -L• ., :: 3•: �vl�r}:r.�:'.�. ` �{'S, �:4 /�i Y 4•h� .v,' - 'n =.: (Se y(}�• r it �� �4 . \ .. -! ti`v...� � -�� '02 �• w .4siv J?� • -i`i?SQ.•4�'x. S !I•!•! -Y• S1- ��•9 �-: [r'L--•� •.Yl ir. `!1 Yr W• •l• •lY,.l• J• Is 'tit developer/builder in control of the t$0rneowners' Association ? _j Yes - I No UM t sl fluted L_ j Attached Provide the following information for PUDs ONLY d the devdaperitis r Is in oonrsol of the FICA and the subject pfopertyF%s _an attached dw'ellirg unit. Leggy Nara oi Project .. .. . _. . —._ ..._. _ ..�. ...-Total number nur> ber of was - Total nxnbrr: d uncle •- , . .. Total -number of undo said • lotai ciurrtber of wits reed Tatar' number of uric to sate Data source(s) was the ailed created by te comrersion of existing billings) into a P1.ia?_ LLy4, No rites, date oaf COrriffliSiDn. OM the psaje.d COMO any g s? y l - i_ No a S - . - _ - Are Ma tots, rppmrtton mss, and c n- dclllrilpiot ? 1 _Yogis _. [ _ ; IW f 1 nrp rr Describe L ornmon elements and recreational tames. 577 332 Form t 0U1'UAb - 'TOTAL' appraisal software by a la mode, inc. -1 -A DE Uniform Residential Appraisal Report CV:R425067 Firs W306716 This report tires is designed to report an appraiSa' 4f 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, d'efinttion 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, of assumptions and limiting, conditions are not perrntttad. The appraiser may expand the scope ofwork 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 appraisers continuing education or membership in an appraisal organization, are permitted. SCOPE DF 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 subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the tender/client. Is the 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 lair sale, the buyer and seller, each acting prvdently, 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 sates 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 appraisers judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraisers 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 appraisers 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 01 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 ere 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 brat might be required to discover %%nether 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 Mara' 2005 IJAD Version 9/2011 Page 4 of B Form 1004UAD -'TOTAL' appraisai software by a la node, inc.-1-1ID0-ALAMODF Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report CV:R425061 nee W306716 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 iii factual, specific terns. 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. 1 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. 1 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 tie 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 iocationally, physically, and functionally the most similar to the subject property. 8. i have not used comparable sales that were the restart 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, as information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. 1 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 t believe to be true and correct. 14. J 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. l have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, ail statements and information in this appraisal report are true and correct. 16. 1 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 armor opinion of market value in his 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 UAO Vecston 912011 Pie 5 of 6 Fannie Mae fpm 1004 Marc4t 2605 farm 1tl941JAD - `TDTAL" 30 058 soltware by a la mode, thy. - 1-600-1 F Uniform Residential Appraisal Report CV:R425067 Fire* W306716 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 appraisers 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. 1 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, 1 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 Ibis 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 of negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limbed 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. 1 directly supervised the appraiser for this appraisal assignment, have read the appraisal repot, and agree with the appraisers anafysic, opinions, statements, conclusions, and the appraisers certification. 2_ I accept full responsibility for the contents of this appraisal report including, but not limited to. the appraisers analysis, opinions, statements, conclusions, and the appraisers certification. 3. The appraiser identified In this appraisal report is either a sub -contractor or an emptoyree of the supervisory appraiser (or the appraisal firm), is qualified to pertorm 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. APPRAISEftI "� Signature Name Timothy E. Poole, Certified ential Appraiser Company Name Timothy E. Poole, Certified Residential Appraiser Company Address 2142 Steele Street Longmont, CO 80501. Telephone Number (303) 772-2537 Email Address Pooletimaeravesterrice.net Date of Signature and Report 111.26/2016 Effective Date of Appraisal 11/21/2016 State Certification # CR40005701 or State License # or Otttet (describe) State w State CO Expiration Date of Certification or License 12/31/2017 r ADDRESS OF PROPERTY APPRAISED 14116 County Road 7 Mead, CO 80542 APPRAISED VALUE OF SUBJECT PROPERTY $ 569,000 LENDER/CLIENT Name Settlement One Company Name Premier Members Credit Union Company Address 5505 kapaheie Avenue, Boulder, CO 80303 Email Address SUPERVISORY APPRAISER (ONLY IF REQUIRED) 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 sub ect property from Street Date of Inspection Did inspect interior arid exterior of subject property Dale of Inspection COMPARABLE SALES Did not inspect exterior of comparable sales from street i Did inspect exterior of comparable sales from street Date of Inspection Freddie Mac Form 70 March 2005 UAD Versicn 9/2011 Page 6 of 6 Form 1 DU4UAU - 'TOTAL' appraisal Software by a la mode, inc_-1-$lht-ALAMOOf Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report COMPARI,Bli SW tit 8520 N 107th St Lit., c0 60504 7.61 miles SW DeEfaSzencAst VA Sales 4r Financanq Con_ 1s _ Dais 01 Saba Ufl i',Old/Feel:0Se View Design Pfie} Quality of fonstruclian Actual Age onon Above Cada Room Cants Gray Living Area Basement& Washed Rooms G tteatiogiCroorrog energy EfefriedItems Garaptarrorl alc Fireplace Outbuilding Ling Add SatPrice CV:R425067 net W306716 1 - Toed i admit -.2 OS i _ I Repel! tts results of the, research and ailatysis of lire odor sat a t of et �rti lb additional r c pad s _. .. _ ItEi . 4 _ sum-c.f. - -t A ti # 4 1 - COWARai E S 5 _ .E a a Qate cd r Transk d . , PO! was) IF E ►.t11l .S(P� a Rids._ .J IRg is I r - - f Pat S e(s} .!11/7*016 .__ _ i.i-i 'I Q's _ .... ._ .._ _ _.A l` pttcr said of history tit subject woo" end _, ~ _ 911 _ . .. Freddie Mac Form 70 March 2005 UAID Version 912011 Fannie Mae Farm 1004 Math 2005 form l 4UAQ.{AC -'TOTAL' appraisal soare by a la mode, inc. - 1- A LODE Additional Listings FEATURE SUBJECT .Address 14115County Road 7 Mead, CO 80542 Pry to Sit List PriceI S List PritedaasS !if. Area Last Price Revisi n Dale Data Source(s) Verification sourcets) VALUE ADJUSTMENTS Sales or Financing cessions Days en Market :Location Leasehoiee Simple Site View Design (Style) Quality of lion Awl Age condition _ Above Grade Room Cast Get' ' It Area Basement & Fmislred AcornsAcornsNW Grade FunthooM Ulikb Reatingtoolk _ Energy Effitient Items Garage/Carped POrthRatirilOak fireplace Outbuildings Updating Net Adjustment (Total) rAdjusted Price List of Con3 arlable's DESCRIPTION • NI;Res; ee Simple .49 ac ;B.;Rural;open OT1;Contemp 3 J - 1701:0.0baOo Good GfwalCAC I Standard 2ga44dw Porch/Pto/Sun Fireplace Yes - Good LISTING # t LISTING # 2 7033 Slow Ct cogrnont, CO era • _12 miles SE 77.14 p.. ' l T.4f t • R^L 5751 • $ 2x41. $ kz r ist, PS 111121.F.2.01§ IS MISAssessior ounty Recants/Realtor .. DESCRIPTION - - $ •dust. 1 Active N;Res; Fee Simple 5.ac S;Rural;Qn DT1;Cqrrterrp 93 C3 •Total ! 'admitt ohs Total I 2 941 2.374 •-r.s•....wn-WO: ••r.+ •••••71:P ••••• r • An Giant Similar CP aIi 1 Firm Yes - Good es + ; H IS Net 1.o 9I, Gross 9.3 4t_ $ IBade ;...--- - 6 ..(...a•1 -- _ �1T..:fi ...L. 71 a . r , { +1.0,30 0 +6M; +3M • +3,0901 72,500 +2,000 20,000 5,500 ,500 TAI 18du a. Net Gress a • CV:R425067 RIO 1306715 LISTING t 3 I Net Won "r •t z - .G iics iir:� Report the results ri the research ad analysis of the sale meteranster lt.istcrye ol the s and torroarable_seAtsninpod addiremi prior Sam i _ e . ITEM I WW1 1- _ Ll;i i1HG # 1 LIS11NG # 2 _ ..... -. _ -- _ .LISTING S _ -- Date of Pion Sa+'Transfer _ . Moe ei Sa rn* 1 D Source I IRIS l�Ilt.blhc Records a IFtES t4lLSlPrrrbf Rrds i y��us !1;4i1'ti4�^�+� s-• -I-- i L i • E Dam of Data Sours sa l 11/2112016 1 i121/201f Comments: Comparable #1 is a smaller ranch style borne without a ant. It is considered to be superior to the subject in bathroom count, garage count, and updating, but inferior to Me subs in site size, gds living area, based size, basement finished_ lea, c�enimi a . conditioning and sunroom. It is currently an active Iistirs and it supports the e� va%ut, but it was not gig any in defer. - ht inDlthe final estimate of value. Form 1004UAD.4AL) -'TOTAL" appraisal software by a la mode, Inc. - 1.8OO-ALAMQDE March 2005 Market Conditions Addendum to the A raisal Re �`R°�°&' Pp P� �r�. wao67,e he purpose of this addendum is to provide The lendericiert with a clear and accurate understanding d re market trends and condom neighborhood. This is a rm Wred addendum Ax al appraisal rep ?ilk!: effective dale on or allApril 1, 20)9. Property Address 14116 County Road 7 City Mead Borrower Robert Chansier k vaione: The appraiser must use the information required on this form as the basis for her ctambsions, and must pmvicie support horsing trends and overall market conditions as reported in the Neighborhood section al the appraisal report farm. The appraiser must NI prevalent in the SUbled Slate CO ZIP Code 80542 _ -. for those conclusions, regarding in all the information to the ward it is available and reliable and must provide analysis as indtalad Wiwi! endanalien. ft is recd rtized that not al data stages wil be able to provide in the analysis. if data sources provide the mired kniormation as an average average. Sales and tstirtgs must be propeales that comp* **h the subject su$cl pits > . The • 1•, •,.,,;- MO ;In .:n any ranges an to data, such any requited Oa is unavailable or is considered tsue iabb, to appraiser must pro idd an data for the shad areas blow: it >t is "dabble,however, the Selo must include the data instead of the atelier, the appraiser should repot the available ftgure and deirify'1 as an property, cerrnirte'd by apprying the Criteria that woad be used by a prospective toyer of the as SeaSOriEi rriarMIS, itew Gorstrvc'bon, Ibireclosvis, etc - 7 ,: ° : ,.,r .._ u{�x at=,,: ` e- Prior 7-12 Months Nor 4--4 Months Current— 3 Months Orieradl Ted Tit * of Comp& tree Sates (Seded) 5 10 - 8 - 11E tiStable - ; . _ Absorption Rye (Fatal Sa �) 0.Q3 3,33 2,00 a I t ' r I:- mu Total 4 at Comparable Active L .. , • „y ~ ' . A ,f ' , r ..$ .,.r 7 tom }--,���' s _ 1 ' -.1.'.,- y + - - • - o/ �- F '., ��++ (Total • � {,, may,, Months" of lip Housing Supply Lr5imgs1��lkb,l ee : • '9. S� '�,.� It X. Y ; t fl ti ... _ ... ;:.;VIE,''.:-.*- +� 3.5 �� S ' i may 5 M r inat Y 1 R . Prior 7-12 *MS Poor 4-6 Months Cuffed - a tialDs (twetrait Trend .. Median tearable Sale P $545,000 $512,971 $512,500 w X drrcreasr ; . i Stable _- : Declining _— Median Sparkle Sales Days - an Midit 41 58 87.5 ,_ 1 Declining ii. ' Stable . Increasing v Medan Unimak List Pete y1 r } a• S ...�'.• .._ . { - •. , z. Median Sale Primes % of List Price 100 100 96.01 ., ' trcreasir • Stable - -- a5 Se r'[a roper. der, c.�pard financial aasstancs pre alertt? Yes _ No — — — _ - 1. ' Decknrng Stale •; Increasing T €xplsin in detail the rlees, oPlivrs. r4. seller concessions trends for the past 12 rrtonitts {e.g., seller contributions increased from 3% to 5%. incre g use of buydew rs. coils, condo .). Setter concessions have remained stable at appr'oximatety 3%. This includes closing costs, buycio ns and condition allowances. -- s 2 Are foreclosure sales {REG Foreclosure sales sales) have steadily a factor in the mark X Yes I__ increased ouar the past six No If yes, Madre catoludng the bends in Wilbngs alai sales of foreclosild_Foperties)•__ months. The purrper. of foreclosure listiinge on the. mad* hove Sadly •_-. . _ __ •._ dedined over the past twelve months. data sores for afire information, listings and sales of similar MISS Public Fie nds and Realtors. The Rerameters used to gather this market information were all , size, on one to ten !cresLwith in a ten mile radius of the subject_ StanrttacS the atom information as suppoit for your comiusions in ...”Issis pi ren tg_ e !n_tiVotexprodadtaam Wogs, the Neiglitettiood section of the appraisal report icon. tf yeti used any addtfawl intonation, such as formulate your oTiolusiOns, prime both an eaop>araation and support fa your c4ndt16 ts- alts r ix ra comparable price has been pup and _ down from taarter to quae,rters_ and is down in the Iasi ewe quart+efs due to_ many -louver prri sales, but metal! it hats increased over the ,pmt year, The total number of sales' has also been up_an4 down from % arterr to euerter - but overall it has increased ova ;Depot year:. The 10 11 listings has increased aver the past year, with a significant increase over. _prof the 'test six rnor.iths due to lower intergeAntesi la4v ickiventorgt arid increased consumer ccrifidence.in the gc81 hover market. The median cpornparal le l st rice has l �d over WO I -- . • - -.. Ft steadily, *mast* legs g$ttinq over 96`4 of list ._ pricy, tltqp *Wiest indicate a strong_ . . _ _..Y!��. .._ mwicet fox oompetitivety priced units in the subject arse,. However tes numbers anti too small to Vie$ determine market trends, and only focus on one small part of the rurral fvleadittong dtt Market_ ilmkinfurynatiora in theneighhochood section ,on page #1 of this .fo m ie. ern $afoul$ of the overall ...__. the -_ _ - l M rurrer aredLortt�mnnk market, and � # considered to be a min �aaaurar� �inartion of � irirtcds-. _ _ — . litre subint is s deadt in a condominium of cooperative prate , Dimples teas laibebig: t�ra)eatName Subject Project Data Prior 7-12 hints Prior 4-6 Months Gwent -- 3 Wins Overall Trend Total 4 of Comparable Sales (Mild) • Irrcneasing ° Stable i ; [#soli - Absorption Rate (Total Safes/Months) ' 1•#L-� ...Lot ' • ble i ' Nothing _ ■r ir c AYti•e Comparable Listimis 5i;44:c. - ill !`itil. ,5: - . !• 8 .R� . • :� �-- •,.! i , I:Y _7.'. • Months of Unit Supply (Tatar Lest Ab_l ) ,- }} rJ.r...Y :� •.. _.. �. �. ... ... � ... r..�......A?.'S.( n.}•P:J1aVti6l%.Yi�Ah}J:P i ? l .-. xac': - :- 1 • . �.. r: r : Egg'•. wont.....i,. r-1 Are ro+recksure saes (REo sots) a factor in the I% foreclosed properties_ project? l , yes ; No lin intricate the ranter of RED ratings arid explain the trends h listings and sales of ' ILI c C:r Summarize the above tends and address the impact en the stmt unit and prc4a t . ->--- _. i _ __.. .._. .1rk ___ ( 3 - geerIN.fr ....._ ....____. .._...... __ _. ...._ . ___. _ __ _ . . ____ . .. _. _ . _ . _ _ :,7--- %.. , ' Appraiser Name Tirnothvj,�Poo e Residential Appraker SuPT.4ory Appr'aist Name . .•_._ uiCompany Nam Timothy E. Poole. Cart d Res Appraiser r cz Corn Adrir>rss IX . Company .. _ 2142'Stale Stet s - C'C • 8 1. _ - -- - -.. _ . - - - - - - — pant Aderess - - 2 Suit License gavelfrca im. CR4000s 01 $ 10 -_ ..- Limnsetwiri �,ft tmai! Address pool rnequiestoff+ce•net _ _ . _ , . _... Address Fria t ac Form 71 March 2 age 1 of 1 Fannie Mae Form 1004MC March 2009 Form 1004MC2 - "TOTAL,' appratal software by a lam e, inc. - 1-800-ALAMODE Flood Map Borrower Robert Chansler Property Address 14116 County Road 7 Crty Mead Lender/Client Premier Members Credit Union County Weld State CO Zip Code 80542 Interlood Prepared 10r: Tort POote 14118 County Road 7 Mead, CO 80542 MAP DATA FEMA Special Flopd Hazard Area; No Map Number: 08123618.99£ Zone: X Map Date' January 20, 2016 MS, 08123 MAP LEGEND Areas inundated by 500-yearficoding Areas inundated by 100 -year lJoodtnp uVelocity Hazard 1.1 en, Ca,& O5Ss5 Po:E ected Areas Fl000way Suhlett Area Form MAP.FLOOD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE Location Map Borrow Property Address Cay LenrietiCtieni b. } t!t • cr • Robert Ctransier 14116 County Road 7 Mead Premier Members Credit Union • Cotes WEthl tigiiiitn 4044 • et, 4 . tY .and h `�. •' i fw •. .14 t _-. T. • • • •i • • r' -mot - • nd : -Kett ee fithi «:.MilesANII .• ••) CL%L ,:.d�,ayak•<:•"—ij d4 3 ` It Yom/ . ... . - • • j• • • • •• • J••• il_ r_Yr•Y 3 Far v.. • .r '1�•f•"SY -•2241/4..`W••WfyS,.• w:. y.�.-ale. Pr' 11%"1"44' ' •x -vA�m .VY• • % ✓ ti sr •i •....ta.C4':a::.., •274%::..::%7 i:.,::;,:::::. '.-.:: r1F.r: r: • Mt • • 4. tiaisnalwaritir }:. " 1'1 tf a MAWS t• • :• C C x7 'Ts:4' S •� .. a..... 8 :t 1.- 07: •ra ✓ V.1i1.° ! -A e:::- CPir *Mc Yr W▪ . • Stipitethir d x .jr• —'1••• • fes. A• lsti# A- q_,L•'.y.�7. 1 • {� - - • • I !_ Eine 14WI.S.1;iihg:arare SUH CO Tip Cpcle 80542 • fat e".O.54, ay; 4414.41- xr.Ylyxiii.ef. c-i arr•:?r Mt '>'. ....- Z AV= 3d"{S+f5!ivxr. • Sa.m... .tia:. . • • • • • w %ft a .¢ 4 •i • s .....-�..�. _ - sitbfris s . ., .▪ x.1:1 -j Y•` I _.... 'AO tjtrikt -i a • M di ti :._ 1/44 :sr ire • '• - • sr C • • oso .}f I a r ds 7 2.01 _ a'spop. Y..vf.-........34 xh • Heath 'Y.7e riw ..t rt ••a }t, ,yapryv x�''• a ,7i= tt- x} • • eviri • 9 141. IV ;rift isittor 5. Si 40.*44 Gin Form PAAP.LOC - 'TWA!: appraisaf software by a la node, inc. - 1-800-td_AMODE Comparable Sales Map Borrower I Property Address Cdr Lender/Client Robert Chansler 14116_ County Road.7. Mead Premier Members Credit Union Cow tY li' id 4 r • S. • r4 dist P.;2/1 ear V 'Ml ;it ti • • v ti ..,�: jS-C: .. #: ;ct •S G . C •1 .. • Qn4 t trif • itfise:ralsOit, J+r buff r .. • Sr ' "sect •C4- .‘"•• € ltff'a t 'pe- t • r.?v J'A a Ai ;TEEN! >Y kzki'r w hi" iretpth -ERE Ate .. • a ' • : ti W %Otis - ,' .ti • • ttir ads d - Icy Dontit in . 447- ii(Kelein rct- Laney da0•0 • •a } 1 gJ• 4 • tic Is nth ; al Jam! NO. 2 *26 Vi -Dr 3.37 *IOW - • Cit.• .z ' x• p :k fitioyaittosietti t { r t•.• • lob at 4 ✓ 411i)Y - g } {- : • r , .. .. =. • - i L • y 1• Cs3, t#1jr.9ij4 F W. '- • 17 y'c it"; C: .'• h VIM It asteseutios Nef 4 8520 It 107th St . 7;61.Set SW kticinitir Gixintlipg • y.• . : V.•Vy_ ..� •i-.--q.}.-i ..••.1r .Jr StitIECT -14416 County Road 7. tj • •-_..r YTY rP..."SR ski T•LR. {C r''f! PFeesent Vit.( fkke go 'i -- "-ft e84 1 :Irc a•� • • 'w - " .• - • : Globoid 110bing .. Tit 'WEN! i'4 T liii 401 ' C 3 Y4+i P 3 J S Idaho -!T Eek kin C, r - It • lc c:Utter Fitaiott .r:�...-....�. ti.:.:`:hwLd:.til. Ann. tr.-. /. r_-••BWA. Form MAP.LOC - .1OIAL` appraisal software by a la +rte, -1-Boa-ALAM E 7 ..a . \. ...... r • Rr. Listings Map 8ir. Prop -My Address fly Leta/Churn Robert Cttanster 14116 County Road 7 Mead Premier Members Credit Union comer WW1 Stale Co Zip Code 42 i V ant Lai tet t Litt *DZA s E Fitts Ate ... asant vial/ Ricigo Welty 02) (u:ady.k .4 . .r• if t t t 6ierttaud V. Mead - ra • ''..::h.74...7.---:;7:24.7.1411..17,"". y:ia"'F,�'�'rrw�.•n ;5 ' Yp;:a'si*. drn•: P • M a:4M Olt 14ere 2. r c . 4' .'*- • Ethrt r 0144 7: ..- Idaho rYreeit - V. .. faitristit "VP* .:5 .... . reUriiii Rtad 14 en Pittainnisinn- Buts n "J -06 M . v P ry' � Ta - • :v - Fleck:idQ t .5 •Decaro. •— .ti r• Reild J. fl 2 • • % . • ATIC• er c^. v. . 1. . 2.• r. S: ' 1:::;; :k•k: J9fFrm-ohm-m°+: Scr.%1A c° la } % Moja '_;.-0dC- d. - .iLC iCEiw:.".: �G7:.::.r.:C.::v:: :�.:::6;i :i�:a :::�i�:C:iinii G..:; 7.i S. strt! . w1 Ike *10.1$ limamattimpaticen •$L. Form MAP.LOC -'TOTAL` apptaisat software by a is mode, the. -1-&)(}-ALANIOOE • Building Sketch 8Newer Robert °rainier 14116 minty Road 7 CitY Mead Lender/Clan Premier Members Credit Union Total Living Area (Rounds* County Weld Vie_► 8542. - 45x27a 1215 9 K 14 a 126 14 x 24 is 336 31x31= 961 6x25 a 150 Form SKT.BiDSKI -'T0TA .r sais l scene by a la mode Mc. 1-800-MALWE Pm L €ICf at • Subject Photo Page Bocrwer Property Address City Lender Chum Robert Chansler 14116 County Road 7 Mead Premier Members Credit Union Coate. Weld State CO Zip Code 80542 Subject North Side 14116 County Road 7 Sates MCC Gross Liking Area 2,788 Toni Rooms 9 Total Bedrooms 4 Total Battnoorns 3.0 LoCaiion N;Res; View B;Rural;Open Site 6.49 ac Quality O3 44 c f=?h L • �..Y1(•�. J .-- rvitt' yr, ..ti�4 y ; .A'P.Y-•• .. ... v , t f - _-tiy....-4..: ,,,..,4' __s ..••..•. s'"" 33 .._ r.wv .v.."h-....... ... . ..". •y ...% _ C.L.n ' w -'•". < . . , _.- 5. .... Y ka..y _x.._ n '•fd :I. om, . . '�.. . - .. I- .v Yc:o-4' .X 1 •a7 . rti:tirA `off . • •• • �clegir ,"•'• . �-•• may.-.p� s 1•.4 yf.1,t , t♦ Form PICax5.SR -'TOTAL' appraisal software by a la mode, h'ic. - 1-800-ALAMODE Front to back Subject South Side Back to front Outbuilding Propene A mp ss c Lem �i I -d `..-.- . Premier Iern _nat Union $4rrower Prgresty Address City Len€/Client Comparable Photo Page Borrower Property Address City Lander/Client Robert Chansier 14116 County Road 7 Mead Premier Members Credit Union Courty Weld State CO Zip Code 80542 Comparable 1 3471 Fairways Dr Frux. to Sublect Sale Prue Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Lotion View Site Ouallty Age 384 mites N 518,006 2,422 7 3 2.1 N;Res; f3;Rura ;Open 2.23 ac 03 3g Comparable 2 12636 Linda Vista Or Prox. to Sub]ec1 3.37 miles W Sale Price 550,000 Gross Living Area 2,219 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 2.1 location N;Ras, View B;Rural;Open Site 6.18 ac Quality 03 Age 44 Comparable 3 2316 Horseshoe Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View She Ouaiiy Age Cir 7.34 miles NW 550,010 2,741 9 5 3.1 N;Res; B;Rural;Open 4.16 ac 03 43 Form PIC3X5,i;R - °TOTAL' appraisal software by a la mode. inc. - 1 -800-ALMOLE. Comparable Photo Page Borrower Prpoerty Address City Lender"Client Robert Chansker 14116 County Road 7 Mead Premier Members Credit Union CountY Weld State Co DPCode 80542 Comp 8520 N 107th St Prot to Subject Sale Price &oss Living Area Tc4M Rooms Total Bedrooms TCMdl Bathrooms Location View Site Quaky Pry€. to Subject Sale Price Goss Living Area Total Rooms Total Bedroom Total Brooms Location View Site 0 ualitr Age Prot to Subs Sat Price Gross Living Area Total Rooms Tom) Bedrooms INS Bathrooms Location View Site Qua ity AQe arable 4 7.61 miles SW 610,000 2,260 6 4 2.0 N;Res; B;Rural;Open 866 O3 50 Form PIC3X5.CR -'TRIAL' appraisal software by a la mode, inc. - 1- - DDE Listing Photo Page Borrower Property Address fly Lender/Client Robert Chansler 14116 County Road 7 Mead Premier Members Credit Union Counts Weld State eQ Zip Code 80642 Listing I 7033 Sioux Ct Proximity to Subject 6.12 miles SE List Price 575,000 Days on fAarice! Gross thing Area Total Rooms Iota Bedrooms Total Bathrooms Age Proximur to Subject List Price Days an Market Gross Llving Area Total Rooms Total Bedrooms Total Bathrooms Age Proximity to Subject List Price Days on Market Gross Living Area Total Rooms Total Bedrooms Toth Bathrooms Age Form DLSTRNT,DM#R - "TOTAL" appraisal software by a la mode, inc. -1.8OO ALAMGDE 1 Active 2.378 9 6 31 40 CV:R425067 Fie No. W306716 UNIFORM APPRAISAL DATA ET (UAD) DEFINITIONS ADDENDUM (Source: Farr, a Mae UAD Appendix x D. -U N) Find -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 fare dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled corriponeutts have been refabili'tatedlremanufactured into like -new condition. Improvements that have not been previously occupied are not considered °new' if they have any significant physical depreciation drat 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. Ail 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 cornpletety renovated arid 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. CS The improvements are well maintained and feature limited physical depreciation due to normal wear and tear. Some components, bit# not every major building component. may tie updated or reventty rehabilitated. The structure has been west 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 shirt -lived building components have been replaced but not to the lever 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. Alt major building components have been adequately maintained and are functionally adequate. Note: The estimated effective age may, be close to ix equal to its actual age. It reflects a property in which some of the short-lived building components have been replaced, and someshort-lived building components are at or near the end of their physical rife expectancy; however, they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property. CS The improvements feature obvious deterred maintenance and are in reed of some significant repairs. Some building components need repairs, rehabilitation, or updating. The functional utility and overall livability is somewhat diminished 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 witch 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. (Duality Ratings and Definitions CI 1 Dwelilncs 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. D2 Dwellings with this quality rating are often custom designed for cots icon on an individual property owner's site. However, dwel5rige in this quality grade are also found in high -quality, tract developments featuring residence constructed from individual plans of 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 throughnutthe dwelling are generally at high ac very( high quattty. UAD Version 9/2011 (Updated 4/2012) Form l.1EF1NE1 -'TOTAL' appraisal software by a la mde. inc. -1810-ALAMODE UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Sawn: Fannie Mae UAd Appendix 0: UN) Field -Specific Standarcization Requirements) Quality Ratings and Definitions (continued) a3 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 dwefling have been upgraded from "stock` standards. Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard bulling plans are utilized and the design includes adequate fenestation and some exterior ornamentation and interior refinements_ Materials, workmanship, finish, and equipment are of stock or builder grade and may feature some upgrades. Gti Dwel%ings 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 fenestratiorn and basic finishes with minimal exterior ornamentation and limited interior detail. These dwellings meet minimum bulking codes and are constructed with inexpensive, stock materials with limited refinements and upgrades_ 06 Dwellings with thihs 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 otter mechanical systems and equipment may be minimal or non-eadstent Older dwellings may feature one or more substandard or non -conforming additions 10 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 fttteen 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 drat is `Not Updated' may still be well maintained and fitly 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 markt 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 anWor 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 teen 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 (cabiret(s), bathtub, or bathroom file, relocation of plumbing/€gasfixtures/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 4/2012) Fella UADDETINE1 - `TOTAL" appraisal software by a la mom, inc. - 1-800-ALAMOOE UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field -Specific Standarciratian Requirements) Abbreviations Used in Data Standard nation Text .{9•'^V`:i�-! r : �' L -'1-i: ' �'�.:-.: ar.� 'i. ^;{R';. .-d�2 .w�ts�• } •i f.�{}',T,i.� 1 • l i..tif. �'C:-,"..�i.: �.�{.� 4 r•'f::'_4'� '. }.F> .�1'..� .::.�i:- a�}Rf• : .V •SR. J�L.1•.'7+:..:h�h5. r.• . �_' ..-;+.•:•i• {. '• L rJ^ !. 'l A 'u• • 5� -::?:•}:?"'•:aF4�;-....��.•.;•�:�•:+�' •r- - + - -��. eC` 1� r _.L !{i 1�..v-4.^S'SC•vJ l�'� s��'.��'r, s..�A#� r' l e i ..y 5.. r .{jt -•. 1. 4��sy E t � t � �Y: .t '.•. i.+:lf � .l'y.I. ,{i...�...5/•��ti. ^�hh: 4 �✓{h ,� a.K ..4:.k: ac Acres Area, Site A ''rt' A ► . cent to Perk - Location Ad Pwr Ad' ' cent to Power Lines — Loon .-• - A Adverse -- - Lovell_on & View — — — - - Armith Aims Le in Sale Sale or Financi ± Concessions ha Broom s Basement & Anishad Rooms Below Grade Ix Bedroom_ _ Basement & Anisheoi Rooms Below Grade B Bendel - - - - - Lotion & View Cash _ Sale or Fiardrig Concessicxzs CA View _Skyline View View C' t - --- - View Comm Commercial Influence Loon c Contracted Date bate of Sa1eiTune - — — - - — — - Cony Conventional - Sale ter F-nancirriConcessions_.. CrtOrd Court Ordered Sale Sale Or Fine.rncl® Concessions DOM as s On Market Data Sources @ ,i rradon Date Date of Sale/T'ette Estate Estate Sale _ - - _ Sale ar Financing Concessions FHA Federal Housi . Auth « ' Sale or anci 4 Concessions - Frn - - — GifCse Got Course Location — - - Gtfvw — Coif Course View View rnd Industrial Location & View in interior Only Stairs Basement & Finished Rooms Below Grade L.ndfl Landfill— -- - - - Location LtdS • ht Limited Sight View Listi • Lislin, Sale or Financi I Concessions 1Vttn Mountain View View N Neutral Location S View HonArrn Non -Arms Len ' ' Sale Sale or Financing Concessions BsyRd Bu Road Location Other _ Basement & Finished'Roams Below Grade Park view View Pstri PView - -- - View PwrLn Power Lines View PubTrn Public Transportation - - - _ _Location rr Recreational Rec Room Basement & Finished Roans Below Grade Reto Relocation Sale Sale or Financing Concessions REO REO Sale _ Sale or Finance/ • Concessions Res Residential - - - - Location & View RH USDA - Rural Housing _ Sale or Financing ConCes•sions s Settlement Date - _ Date of Sale/Tine - Short Short Sale Sale or Financi ± Concessions sf Square Feet Area, Site, Basement sqm Square Meters Area, Site Unk Unknown Date of Sate/Time VA - _ Veteransi drrlinistratian - - - - _ _ Sale or Financi,Concessions v. W'rtrrdrawn Date Date of Sale/rime wo Walk Out Basement Basement & Rrtished Rooms Below Grade wu Walk Up Basement Basement & Finished Rooms Below Grade Er Water Fr • r. i e Location Wtr Water View View Woods Woods View View Other Appraiser -Defined Abbreviations -.,, A+.mow Y7.r .A'. , -ri f. t Y2•{.1• -.r 1 a5. i C '•: ( ■ !6, ` CC -1}2f (jj .�i .,4: T•+`�' f. VaK..�fJn• hi•!•.s+w� ..:59:{L q:• :.}- ••:: j )I4 - - _--- :- - .*-,...t !(`\'vy .Y -n y.• r.:/ ti J:{ v . -n ..� f { :i..1{}V� .•�b{'1-y: h•.1`.~' .. 1f{ t `}. ..1 .M1.`•. X•� .�. Y b+ } . .''Y). • . i.. ., .•i_• •.�.j. l.--.^�-... Af.'l (� Ati7]-f R1•..__ i1 .x `.. •�.•f•. �'! ... sJ v-¢:}:.{L•C:0.{4 h. 5'.'{ :1 1. Y1 J. •.Nl. :S'^w'•4- r „'(f.. 1. ahSv. t{1'.• � .t•.Vt Su1�5•.^ .k ... q.'y�gPT}'•. vj. .S. Vi-{{{•. J. .S.. .w.Y. .. 4{'•' ,Yyf .+^54 ..l{i•. Y i'.l aP. •'.1 ,. SL { a a �. _ J®� } ! ;� " + ! i .• •.-. ••.•• "y' •.•` .L 1• .) .. Kl+.i--. � .. �t-i r.�.T. ]L. �1. �I�. .]- } •..wlLt;kl.1....• tS•iv. a< /a.1../. • - a Ga.s forced with air $ Ies Com lain ! I cach H • .i I Coolin! CAC Central Air Conditioning Sales Compaarf$tn __ • I roach Heatin+ ooh - -- - Com m r rIr _ - Improvements General De cri�tion bell • n _Conternp CPorch Covered Porch Sails Comparison A «proach Porret at eck Dec Deck Sales Com' .rison is oach Pore -amts 'eck Patio Sales Comparison Approach Porch/Patio/Deck aM._ _ _ _ Porch -- - Sales Com' . rtson A« «roach Pore aat1o1Deck CPch C i vered Porch Sales Comparison Approach Por�cl patio/Deck — _ CPt' _ Cove : • Patio -- - Sales om + . ilson ! « «roach Pore • • l 4 1 eck Ba Balcony.. -- -- - - - Sales Comparison Approach _ Porch/Pat�eck_. -- - - Sun - Sunroom -. ,_. _ Sales Comparison Approach Porch/Patio/Deck - - -- UAD Version 9/2011 (Updated 4/2012) Form 11ADDEFJNE1 - TOTAL' appraisal software by a3/43 MOde, lrte.-1-tlaALAMCDE Credentials Director: Marcia Waters Timothy E. Poole Certified Residential Appraiser STATE OF COLORADO CERTIFIED RESIDENTIALAPPRA1SER #CR40005701 QUALIFICATIONS OF THE APPRAISER My educational background is formed by studies in Business & Real Estate at Palm Beach Jr. College in Lake Worth, Florida and the Univeisity ofColorado in Boulder, Colorado. Since then I have had over 25 years of continuing education in the fields of Real Estate, Real Estate Law, Finance and Real Estate Appraisal, l am licensed with the State of Colorado Board of Deal Estate Appraisers with a designation of Certified Residential Appraiser under the regulations of the State ofColorado, which meet FIRREA regulations for qualified appraisers aid appraisal standards. 1 have successfully completed the following comes pertaining to appraisal of residential. and income property required to obtain my State of Colorado designation. I have also successfully completed the required courses of Standards of Professional Appraisal Practices and Ethics as well as all required continuing education. Registered Appraiser 1996 Small Residential Income Property 1998 Basic Appraisal Applications 2000 Modular/Manufactttred Housing 2003 Residential Construction 2006 Guidelines for Factory -Built Homes 2006 Appraising & Reporting for the Secondary Market 2006 Fl, Appraisal Fonts and Guidelines 2008 Data Analysis in a Declining Market 2009 Residential Report Writing 2009 Rome Valuation Code of Conduct 2009 Implementing the New FNMA Form 1004MC 2009 Complex Properties 2011 Statistics, Modeling & Finance 2011 Appraisal Subject matter Eiedives 2012 Sincerely} Timothy E. Poole, Certified Residential Appraiser Uganda .o1+Agaricies tDiritite al Altai Late _~1zThaisail • •}.t. titers*(1. Verify this test at http; I ld asato -admenrf*e der ) I Tr. -'4 Li Farm SCNLGL - "TOTAL` appraisal software by a la model inc. -1-800-A►LAM{ QE July 21, 2017 Petitioner: CHANSLER ROBERT C 14116 COUNTY ROAD 7 MEAD, CO 80542-9612 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket #: 2017-2342, AS0097 Appeal #: 2008216854 Hearing Date: 7/27/2017 10:30 AM Account(s) Appealed: R0029693 Dear Petitioner(s): The Weld County Board of Equalization has set a date of JULY 27, 2017, at or about the hour of 10:30 AM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 0 Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2017, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by fax (970) 304-6433, or if you have questions, call (970) 353-3845. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION el'eA '1-, W. "Cd,411.C., Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor v Hello