| The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. | ||||
| Subject |
Property Address
City
State
Zip Code
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Borrower
Owner of Public Record
County
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Legal Description
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Assessor's Parcel #
Tax Year
R.E. Taxes $
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Neighborhood Name
Map Reference
Census Tract
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Occupant
Special Assessments $
HOA $
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Property Rights Appraised
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Assignment Type
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Lender/Client
Address
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Is the subject property currently offered for sale or has it been offered for sale in the twelve
months prior to the effective date of this appraisal?
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| Report data source(s) used, offering price(s), and date(s). | ||||
| Contract |
I
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Contract Price $
Date of Contract
Is the property seller the owner of public record?
Data Source(s)
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Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance,
etc.) to be paid by any party on behalf of the borrower?
If Yes, report the total dollar amount and describe the items to be paid. |
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| Neighborhood | Note: Race and the racial composition of the neighborhood are not appraisal factors. | ||||||||||||
| Neighborhood Characteristics | One-Unit Housing Trends | One-Unit Housing | Present Land Use % | ||||||||||
| Location |
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Property Values |
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PRICE | AGE | One-Unit |
%
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| Built-Up |
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Demand/Supply |
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$ (000) | (yrs) | 2-4 Unit |
%
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| Growth |
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Marketing Time |
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Low | Multi-Family |
%
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| Neighborhood Boundaries | High | Commercial |
%
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| Pred. | Other |
%
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| Neighborhood Description | |||||||||||||
| Market Conditions (including support for the above conclusions) | |||||||||||||
| Site |
Dimensions
Area
Shape
View
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Specific Zoning Classification
Zoning Description
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Zoning Compliance
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Is the highest and best use of subject property as improved (or as proposed per plans and
specifications) the present use?
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| Utilities | Public | Other (describe) | Public | Other (describe) | Off-site Improvements - Type | Public | Private | ||
| Electricity |
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Water |
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Street
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| Gas |
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Sanitary Sewer |
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Alley
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FEMA Special Flood Hazard Area
FEMA Flood Zone
FEMA Map #
FEMA Map Date
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Are the utilities and off-site improvements typical for the market area?
If No, describe
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Are there any adverse site conditions or external factors (easements, encroachments, environmental
conditions, land uses, etc.)?
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| Improvements | General Description | Foundation | Exterior Description | materials/condition | Interior | materials/condition | ||
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Units
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Foundation Walls
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Floors
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# of Stories
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Exterior Walls
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Walls
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Type
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Basement Area
sq.ft.
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Roof Surface
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Trim/Finish
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Basement Finish
%
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Gutters & Downspouts
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Bath Floor
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Design (Style)
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Window Type
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Bath Wainscot
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Year Built
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Evidence of
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Storm Sash/Insulated
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Car Storage |
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Effective Age (Yrs)
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Screens
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# of Cars
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| Attic |
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Heating
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Amenities |
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Driveway Surface | |||
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Fuel
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# of Cars
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Cooling
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# of Cars
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Appliances
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Finished area above grade contains:
Rooms
Bedrooms
Bath(s)
Square Feet of Gross Living Area Above Grade
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| Additional features (special energy efficient items, etc.). | ||||||||
| Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). | ||||||||
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Are there any physical deficiencies or adverse conditions that affect the livability, soundness,
or structural integrity of the property?
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Does the property generally conform to the neighborhood (functional utility, style, condition,
use, construction, etc.)?
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