T,140,11,8,0,INDIVIDUAL CONDOMINIUM UNIT APPRAISAL REPORT
T,501,14,1,0,File No.
T,13,32,2,0, Unit Charge $
T,130,32,2,0,per mo. x 12 =$
T,253,32,2,0, per yr.
T,290,32,2,0,Annual Assessment charge per year/square feet of gross living area =$
T,13,46,2,0, Is the project subject to ground rent?
T,180,46,2,0, Yes
T,222,46,2,0,No
T,245,46,2,0,If yes, $
T,335,46,2,0, per year.
T,13,62,4,0, Utilities included in unit charge:
T,158,62,2,0, None
T,205,62,2,0, Heat
T,252,62,2,0,Air Conditioning
T,340,62,2,0,Electricity
T,399,62,2,0, Gas
T,437,62,2,0, Water
T,488,62,2,0, Sewer
T,13,77,2,0, Note any fees, other than regular HOA charges, for use of facilities
T,13,93,2,0, Compared to other competitive projects of similar quality and design, the subject unit charge appears:
T,424,93,2,0, High
T,472,93,2,0,Typical
T,528,93,2,0, Low
T,13,108,2,0, To properly maintain the project and provide the services anticipated, the budget appears:
T,381,108,2,0, Adequate
T,448,108,2,0,Inadequate
T,519,108,2,0, Unknown
T,13,123,2,0, Management Group:
T,116,123,2,0, Home Owners' Association
T,246,123,2,0,Developer
T,311,123,2,0, Management Agent (identify)
T,13,139,2,0, Quality of management and its enforcement of Rules and Regulations based on general appearance of project appears:
T,488,139,2,0, Adequate
T,555,139,2,0,Inadequate
T,13,155,4,0, Special or unusual characteristics in the Condominium Documents or other information known to the appraiser that would affect marketability (if none, so state)
T,40,199,1,0,ITEM
T,115,199,1,0,SUBJECT
T,203,199,1,0,COMPARABLE NO. 1
T,348,199,1,0,COMPARABLE NO. 2
T,493,199,1,0,COMPARABLE NO. 3
T,13,214,3,0, Address, Unit #,
T,13,229,3,0, and Project Name
T,13,244,2,0, Proximity to Subject
T,13,259,2,0, Sales Price
T,93,259,1,0, $
T,238,259,1,0, $
T,383,259,1,0, $
T,528,259,1,0, $
T,93,274,1,0, $
T,182,274,1,0, $
T,327,274,1,0, $
T,472,274,1,0, $
T,13,275,4,0, Price/Gross Liv. Area
T,13,292,2,0, Data and/or
T,13,306,2,0, Verification Sources
T,111,320,2,0,DESCRIPTION
T,200,321,2,0,DESCRIPTION
T,345,321,2,0,DESCRIPTION
T,490,321,2,0,DESCRIPTION
T,15,322,9,0,VALUE ADJUSTMENTS
T,274,321,6,0,+(û) $Adjustment
T,419,321,6,0,+(û) $Adjustment
T,565,321,6,0,+(û) $Adjustment
T,13,339,2,0, Sales or Financing
T,13,352,2,0, Concessions
T,13,367,2,0, Date of Sale/Time
T,13,383,2,0, Location
T,13,399,3,0, Leasehold/Fee Simple
T,13,415,3,0, HOA Mo. Assessment
T,13,429,2,0, Common Elements
T,13,445,2,0, and Rec. Facilities
T,13,460,2,0, Project Size/Type
T,13,475,2,0, Floor Location
T,15,477,2,0,
T,13,491,2,0, View
T,13,506,2,0, Design and Appeal
T,13,522,3,0, Quality of Construction
T,13,537,2,0, Age
T,13,553,2,0, Condition
T,13,570,2,0, Above Grade
T,98,568,4,0,Total
T,125,568,4,0,Bdrms
T,155,568,4,0,Baths
T,187,568,4,0,Total
T,214,568,4,0,Bdrms
T,244,568,4,0,Baths
T,332,568,4,0,Total
T,360,568,4,0,Bdrms
T,390,568,4,0,Baths
T,478,568,4,0,Total
T,505,568,4,0,Bdrms
T,535,568,4,0,Baths
T,13,585,2,0, Room Count
T,13,599,2,0, Gross Living Area
T,155,598,2,0,Sq. Ft.
T,244,598,2,0,Sq. Ft.
T,389,598,2,0,Sq. Ft.
T,534,598,2,0,Sq. Ft.
T,13,617,4,0, Basement & Finished
T,13,630,4,0, Rooms Below Grade
T,13,645,2,0, Functional Utility
T,13,661,2,0, Heating/Cooling
T,13,677,3,0, Energy Efficient Items
T,13,691,2,0, Car Storage
T,13,709,2,0, Balcony, Patio,
T,13,722,2,0, Fireplace(s), etc.
T,13,753,2,0, Net. Adj. (total)
T,201,753,7,0, +
T,245,753,1,0, $
T,346,753,7,0, +
T,391,753,1,0, $
T,492,753,7,0, +
T,536,753,1,0, $
T,13,772,4,0, Adjusted Sales Price
T,245,783,1,0, $
T,391,783,1,0, $
T,536,783,1,0, $
T,13,784,2,0, of Comparable
T,13,800,4,0, Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc.):
T,40,861,1,0,ITEM
T,115,861,1,0,SUBJECT
T,203,861,1,0,COMPARABLE NO. 1
T,348,861,1,0,COMPARABLE NO. 2
T,493,861,1,0,COMPARABLE NO. 3
T,13,877,3,0, Date, Price and Data
T,13,893,3,0, Source for prior sales
T,13,906,3,0, within year of appraisal
T,13,922,3,0, Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any prior sales of subject and comparables within one year of the date of appraisal:
T,13,969,1,0, INDICATED VALUE BY SALES COMPARISON APPROACH
T,161,1017,4,0,subject to the repairs, alterations, inspections, or conditions listed below
T,434,1017,4,0,subject to completion per plans and specifications.
T,13,1028,2,0, Conditions of Appraisal:
T,13,1058,2,0, Final Reconciliation:
T,13,1087,4,0, The purpose of this appraisal is to estimate the market value of the real property that is the subject of this report, based on the above conditions and the certification,
T,13,1098,4,0, contingent and limiting conditions, and market value definition that are stated in the attached Freddie Mac Form 439/Fannie Mae Form 1004B (Revised
T,611,1099,4,0,).
T,13,1113,5,0, I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AS OF
T,505,1129,1,0,.
T,356,1129,1,0, $
T,13,1129,5,0, (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE
T,13,1153,5,0, APPRAISER:
T,317,1153,5,0,SUPERVISORY APPRAISER (ONLY IF REQUIRED):
T,13,1165,2,0, Signature
T,317,1165,2,0,Signature
T,550,1166,2,0, Did
T,585,1166,2,0, Did Not
T,13,1180,2,0, Name
T,317,1180,2,0,Name
T,544,1181,2,0,Inspect Property
T,13,1195,2,0, Date Report Signed
T,317,1196,2,0,Date Report Signed
T,13,1210,2,0, State Certification #
T,265,1210,2,0,State
T,317,1211,2,0,State Certification #
T,569,1211,2,0,State
T,13,1226,2,0, Or State License #
T,265,1226,2,0,State
T,317,1226,2,0,Or State License #
T,569,1227,2,0,State
T,1,1240,6,0,Freddie Mac Form 465 10-94 10 CH.
T,165,1240,6,0,This form was reproduced by United Systems Software Company (800) 969-8727 - Page 2 of 2