appraisal of real property located atimages-s3.bid4assets.com/info/assetid682961/338631.pdf ·...
TRANSCRIPT
LOCATED AT:
AS OF:
6858 Cedar Lake RdPart of SW1/4 of Section 22, Twn 37N, Rge 5E
Bonne Terre, MO 63628
07/30/2015
APPRAISAL OF REAL PROPERTY
6858 Cedar Lake RdPart of SW1/4 of Section 22, Twn 37N, Rge 5E
Bonne Terre, MO 63628
07/30/2015
APPRAISAL OF REAL PROPERTY
LOCATED AT:
AS OF:
Dear Lender,
Pursuant to your request, we have prepared an appraisal report of the property captioned in the "Summary ofSalient Features" which follows.
The accompanying report is based on a site inspection of improvements, investigation of the subject neighborhoodarea of influence, and review of sales, cost and income data for similar properties.
This appraisal has been made with particular attention paid to applicable value-influencing economic conditions andhas been processed in accordance with nationally recognized appraisal guidelines.
The value conclusions stated herein are as of the effective date as stated in the body of the appraisal, andcontingent upon the certification and limiting conditions attached.
Please do not hesitate to contact me or any of our staff if we can be of additional service to you.
Respectfully,
Property AddressCity County State Zip Code
TABLE OF CONTENTS
6858 Cedar Lake RdBonne Terre
Invoice ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Cover Page ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Cover Letter ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Summary of Salient Features ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Text Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................URAR ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 1-3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Building Sketch (Page - 1) ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Plat Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Legal Description Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Legal Description Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Flood Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................License ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................E&O Insurance ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................W-9 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
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Client
Lender
6858 Cedar Lake RdBonne Terre
Invoice ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Cover Page ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Cover Letter ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Summary of Salient Features ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Text Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................URAR ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos Interior ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 1-3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Building Sketch (Page - 1) ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Plat Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Legal Description Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Legal Description Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Flood Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................License ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................E&O Insurance ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................W-9 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
12345612131415161718192021222324252627282930313233343536
Client
Lender
Property AddressCity County State Zip Code
TABLE OF CONTENTS
SUMMARY OF SALIENT FEATURES
SUBJ
ECT
INFO
RMAT
ION
Subject Address
Legal Description
City
County
State
Zip Code
Census Tract
Map Reference
SALE
S PR
ICE
Sale Price
Date of Sale
$
CLIE
NTDE
SCRI
PTIO
N OF
IMPR
OVEM
ENTS
Size (Square Feet)
Price per Square Foot
Location
Age
Condition
Total Rooms
Bedrooms
Baths
$
APPR
AISE
R Appraiser
Date of Appraised Value
VALU
E
Final Estimate of Value
6858 Cedar Lake Rd
Part of SW1/4 of Section 22, Twn 37N, Rge 5E
Bonne Terre
St. Francois
MO
63628
9501.01
187
768
N;Res;
37
C6
4
1
1.1
07/30/2015
Client
Lender
6858 Cedar Lake Rd
Part of SW1/4 of Section 22, Twn 37N, Rge 5E
Bonne Terre
St. Francois
MO
63628
9501.01
187
768
N;Res;
37
C6
4
1
1.1
07/30/2015
Client
Lender
SUMMARY OF SALIENT FEATURES
SUBJ
ECT
INFO
RMAT
ION
Subject Address
Legal Description
City
County
State
Zip Code
Census Tract
Map Reference
SALE
S PR
ICE
Sale Price
Date of Sale
$
CLIE
NTDE
SCRI
PTIO
N OF
IMPR
OVEM
ENTS
Size (Square Feet)
Price per Square Foot
Location
Age
Condition
Total Rooms
Bedrooms
Baths
$
APPR
AISE
R Appraiser
Date of Appraised Value
VALU
E
Final Estimate of Value
Property AddressCity County State Zip Code
Supplemental Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
LEAD BASE PAINT DISCLOSURE;
A residential dwelling built prior to 1978 may present exposure to lead from lead based paint that may placeyoung children at risk of developing lead poisoning. Lead poisoning in young children may produce permanentneurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, andimpaired memory. Lead poisoning also poses a particular risk to pregnant women.
MOLD and MILDEW; Although a walk-through inspection has been preformed, an APPRAISER is not a home or environmentalinspector. The APPRAISER provides a opinion of value. The appraisal does not guarantee that the property is free ofdefects or environmental problems. The APPRAISER performs an inspection of visible and accessible areas only.Mold may be present in areas the appraiser cannot see. A professional home inspection or environmental inspectionis recommended.
ASSISTANCE IN THE PREPARATION OF THE REPORT;
The report was prepared by me and I did not have assistance.
COMPETENCY OF THE APPRAISER;
The APPRAISER has completed residential appraisal reports for all types of loans since 1987.
ELECTRONIC SIGNATURE; Both the electronic signature and transmission have a security feature for the appraiser signing the report. Thesignature is protected and the appraiser who signed the report has complete control. The integrity of the report andsignature has been fully protected.DIGITAl PHOTOS; All photos were digitally produced. All are original without any alterations.
NOTE; Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparentconditions of the property that would make the property more or less valuable and makes no guarantees orwarranties, express or implied, regarding the condition of the property.
In the appraisal assignment the presence of hazardous materials such as methamphetamine, urea formaldehydefoam insulation, asbestos, radon gas, and/or toxic waste, has not been considered. Furthermore, no hazardousmaterial was observed nor is any inspected to be present on the subject premises (unless noted otherwise in theappraisal report). Since the appraiser is not qualified to detect these substances, it is assumed that none exist, butthis is not warranted. Should later results indicate the presence of any type of toxic material, the appraiser reservesthe right to revise, amend or totally rescind the market value estimate as developed in this report.
Uniform Residential Appraisal Report
SUB
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The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.Property Address City State Zip CodeBorrower Owner of Public Record CountyLegal DescriptionAssessor's Parcel # Tax Year R.E. Taxes $Neighborhood Name Map Reference Census TractOccupant Owner Tenant Vacant Special Assessments $ PUD HOA $ per year per monthProperty Rights Appraised Fee Simple Leasehold Other (describe)Assignment Type Purchase Transaction Refinance Transaction Other (describe)
Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? Yes NoReport data source(s) used, offering price(s), and date(s).
I did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was notperformed.
Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s)Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes NoIf Yes, report the total dollar amount and describe the items to be paid.
Note: Race and the racial composition of the neighborhood are not appraisal factors.Neighborhood Characteristics
Location Urban Suburban RuralBuilt-Up Over 75% 25-75% Under 25%Growth Rapid Stable Slow
One-Unit Housing TrendsProperty Values Increasing Stable DecliningDemand/Supply Shortage In Balance Over SupplyMarketing Time Under 3 mths 3-6 mths Over 6 mths
One-Unit HousingPRICE$ (000)
AGE(yrs)
LowHighPred.
Present Land Use %One-Unit %2-4 Unit %Multi-Family %Commercial %Other %
Neighborhood Boundaries
Neighborhood Description
Market Conditions (including support for the above conclusions)
Dimensions Area Shape ViewSpecific Zoning Classification Zoning DescriptionZoning Compliance Legal Legal Nonconforming (Grandfathered Use) No Zoning Illegal (describe)Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe
Utilities Public Other (describe) Public Other (describe)ElectricityGas
WaterSanitary Sewer
Off-site Improvements - Type Public PrivateStreetAlley
FEMA Special Flood Hazard Area Yes No FEMA Flood Zone FEMA Map # FEMA Map DateAre the utilities and off-site improvements typical for the market area? Yes No If No, describeAre there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes No If Yes, describe
General DescriptionUnits One One with Accessory Unit# of StoriesType Det. Att. S-Det./End Unit
Existing Proposed Under Const.Design (Style)Year BuiltEffective Age (Yrs)
FoundationConcrete Slab Crawl SpaceFull Basement Partial Basement
Basement Area sq.ft.Basement Finish %
Outside Entry/Exit Sump PumpEvidence of Infestation
Dampness Settlement
Exterior Description materials/conditionFoundation WallsExterior WallsRoof SurfaceGutters & DownspoutsWindow TypeStorm Sash/InsulatedScreens
Interior materials/conditionFloorsWallsTrim/FinishBath FloorBath Wainscot
Attic NoneDrop Stair StairsFloor ScuttleFinished Heated
Heating FWA HWBB RadiantOther Fuel
Cooling Central Air ConditioningIndividual Other
AmenitiesFireplace(s) #Patio/DeckPool
Woodstove(s) #FencePorchOther
Car Storage NoneDriveway # of Cars
Driveway SurfaceGarage # of CarsCarport # of CarsAtt. Det. Built-in
Appliances Refrigerator Range/Oven Dishwasher Disposal Microwave Washer/Dryer Other (describe)Finished area above grade contains: Rooms Bedrooms Bath(s) Square Feet of Gross Living Area Above GradeAdditional features (special energy efficient items, etc.).
Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.).
Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Yes No If Yes, describe
Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? Yes No If No, describe
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005
-
6858 Cedar Lake Rd Bonne Terre MO 63628N/A United States of America St. Francois
Part of SW1/4 of Section 22, Twn 37N, Rge 5E06-50-22-00-000-0040.31 2014 0Rural 187 9501.01
0 240
Market Value
MABOR
30280120
06530
100
Subject is bounded by Cedar Run Road on the west & north, Hillsboro Road onthe east, & Cedar Falls Road on the south.
Subject is located in Cedar Lake Development, a small gated development. Homes in the development are single familycustom built with market values that vary due to age/condition, GLA, basement, garage and etc.. The area has average market appeal.
Conventional financing is readily available at rates purchasers consider attractive andsellers need not negotiate a sale on financing related concessions. Property values in the area appear to be steady. Demand/Supply appears to bein balance with a marketing time of 3 to 6 months.
3.41 Ac 3.41 Ac Irregular N;Res;Rural N/A
NoneWellSeptic
GravelNone
X
No adverse easement/encroachment was observed or considered at time of inspection. No determination was made as to the efficiency of the welland septic sewer system. The location of the well was not located. No utilities were on at time of inspection. A well and septic sewer are approvedsystems in rural areas and are typical. St. Francois County has no planning/zoning and subject can be rebuilt if destroyed.
1
Ranch197830
768100
Concrete/Avg.Fir Siding/FairComp. Shingle/Avg.Yes/Avg.Wood/Alum./PoorYes/FairNone
Crpt/C.Tile/Lam/FairDrywall/FairWood/FairC.Tile/Avg.Fiberglass/Avg.
Electric
None
2Both
None
0NoneWd./OpenNone
2Gravel
10
4 1 1.1 768None
C6;Kitchen-updated-timeframeunknown;Bathrooms-updated-timeframe unknown;Subject has functional and physical obsolescence. 11 windows have been broke out or cracked,basement entry door windows, broke out, bath fixtures have been broken, walls have been damaged, the exterior air unit is missing, light fixturesbroke, some copper pipes have been removed, some electric wires damaged, the interior has trash, debris, broken furniture. The effective age ishigher than typical due to the physical obsolescence. (Photo's attached).
Due to physical, functional obsolescence, and safety, opinion is that subject is not livable in its current condition.
-
6858 Cedar Lake Rd Bonne Terre MO 63628N/A United States of America St. Francois
Part of SW1/4 of Section 22, Twn 37N, Rge 5E06-50-22-00-000-0040.31 2014 0Rural 187 9501.01
0 240
Market Value
MABOR
30280120
06530
100
Subject is bounded by Cedar Run Road on the west & north, Hillsboro Road onthe east, & Cedar Falls Road on the south.
Subject is located in Cedar Lake Development, a small gated development. Homes in the development are single familycustom built with market values that vary due to age/condition, GLA, basement, garage and etc.. The area has average market appeal.
Conventional financing is readily available at rates purchasers consider attractive andsellers need not negotiate a sale on financing related concessions. Property values in the area appear to be steady. Demand/Supply appears to bein balance with a marketing time of 3 to 6 months.
3.41 Ac 3.41 Ac Irregular N;Res;Rural N/A
NoneWellSeptic
GravelNone
X
No adverse easement/encroachment was observed or considered at time of inspection. No determination was made as to the efficiency of the welland septic sewer system. The location of the well was not located. No utilities were on at time of inspection. A well and septic sewer are approvedsystems in rural areas and are typical. St. Francois County has no planning/zoning and subject can be rebuilt if destroyed.
1
Ranch197830
768100
Concrete/Avg.Fir Siding/FairComp. Shingle/Avg.Yes/Avg.Wood/Alum./PoorYes/FairNone
Crpt/C.Tile/Lam/FairDrywall/FairWood/FairC.Tile/Avg.Fiberglass/Avg.
Electric
None
2Both
None
0NoneWd./OpenNone
2Gravel
10
4 1 1.1 768None
C6;Kitchen-updated-timeframeunknown;Bathrooms-updated-timeframe unknown;Subject has functional and physical obsolescence. 11 windows have been broke out or cracked,basement entry door windows, broke out, bath fixtures have been broken, walls have been damaged, the exterior air unit is missing, light fixturesbroke, some copper pipes have been removed, some electric wires damaged, the interior has trash, debris, broken furniture. The effective age ishigher than typical due to the physical obsolescence. (Photo's attached).
Due to physical, functional obsolescence, and safety, opinion is that subject is not livable in its current condition.
Uniform Residential Appraisal Report
SUB
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TC
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NEI
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BO
RH
OO
DSI
TEIM
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The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.Property Address City State Zip CodeBorrower Owner of Public Record CountyLegal DescriptionAssessor's Parcel # Tax Year R.E. Taxes $Neighborhood Name Map Reference Census TractOccupant Owner Tenant Vacant Special Assessments $ PUD HOA $ per year per monthProperty Rights Appraised Fee Simple Leasehold Other (describe)Assignment Type Purchase Transaction Refinance Transaction Other (describe)
Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? Yes NoReport data source(s) used, offering price(s), and date(s).
I did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was notperformed.
Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s)Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes NoIf Yes, report the total dollar amount and describe the items to be paid.
Note: Race and the racial composition of the neighborhood are not appraisal factors.Neighborhood Characteristics
Location Urban Suburban RuralBuilt-Up Over 75% 25-75% Under 25%Growth Rapid Stable Slow
One-Unit Housing TrendsProperty Values Increasing Stable DecliningDemand/Supply Shortage In Balance Over SupplyMarketing Time Under 3 mths 3-6 mths Over 6 mths
One-Unit HousingPRICE$ (000)
AGE(yrs)
LowHighPred.
Present Land Use %One-Unit %2-4 Unit %Multi-Family %Commercial %Other %
Neighborhood Boundaries
Neighborhood Description
Market Conditions (including support for the above conclusions)
Dimensions Area Shape ViewSpecific Zoning Classification Zoning DescriptionZoning Compliance Legal Legal Nonconforming (Grandfathered Use) No Zoning Illegal (describe)Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe
Utilities Public Other (describe) Public Other (describe)ElectricityGas
WaterSanitary Sewer
Off-site Improvements - Type Public PrivateStreetAlley
FEMA Special Flood Hazard Area Yes No FEMA Flood Zone FEMA Map # FEMA Map DateAre the utilities and off-site improvements typical for the market area? Yes No If No, describeAre there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes No If Yes, describe
General DescriptionUnits One One with Accessory Unit# of StoriesType Det. Att. S-Det./End Unit
Existing Proposed Under Const.Design (Style)Year BuiltEffective Age (Yrs)
FoundationConcrete Slab Crawl SpaceFull Basement Partial Basement
Basement Area sq.ft.Basement Finish %
Outside Entry/Exit Sump PumpEvidence of Infestation
Dampness Settlement
Exterior Description materials/conditionFoundation WallsExterior WallsRoof SurfaceGutters & DownspoutsWindow TypeStorm Sash/InsulatedScreens
Interior materials/conditionFloorsWallsTrim/FinishBath FloorBath Wainscot
Attic NoneDrop Stair StairsFloor ScuttleFinished Heated
Heating FWA HWBB RadiantOther Fuel
Cooling Central Air ConditioningIndividual Other
AmenitiesFireplace(s) #Patio/DeckPool
Woodstove(s) #FencePorchOther
Car Storage NoneDriveway # of Cars
Driveway SurfaceGarage # of CarsCarport # of CarsAtt. Det. Built-in
Appliances Refrigerator Range/Oven Dishwasher Disposal Microwave Washer/Dryer Other (describe)Finished area above grade contains: Rooms Bedrooms Bath(s) Square Feet of Gross Living Area Above GradeAdditional features (special energy efficient items, etc.).
Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.).
Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Yes No If Yes, describe
Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? Yes No If No, describe
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
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There are comparable properties currently offered for sale in the subject neighborhood ranging in price from $ to $ .There are comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ to $ .
FEATURE SUBJECTAddress
Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck
Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $
Net Adj. %Gross Adj. %
Net Adj. %Gross Adj. %
Net Adj. %Gross Adj. %
I did did not research the sale or transfer history of the subject property and comparable sales. If not, explain
My research did did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal.Data Source(s)My research did did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale.Data Source(s)Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3).
ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales
Summary of Sales Comparison Approach
Indicated Value by Sales Comparison Approach $Indicated Value by: Sales Comparison Approach $ Cost Approach (if developed) $ Income Approach (if developed) $
This appraisal is made "as is", subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have beencompleted, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or subject to thefollowing required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair:
Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limitingconditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is$ , as of , which is the date of inspection and the effective date of this appraisal.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005
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6858 Cedar Lake RdBonne Terre, MO 63628
N;Res;Fee Simple3.41 AcN;Res;DT1;RanchQ437C6
4 1 1.1768
768sf768sfwo1rr2br1.0ba1oFair/PoorFWA/NoneNone1gd2dwPrch,Deck,Patio
Other Feature 2 FireplaceOther Feature
MABOR07/30/2015
-1,000-
None
$
MABOR
MABOR
As per above.
As per attached photo's, subject suffers from functional and physical obsolescence. In this condition, appraiserin order to formulate and opinion of market value has 3 choices, 1. to enlarge the marketing area, 2. to consider dated sales, and 3. to considerthe most similar and adjust, with adjustments exceeding guidelines. In this appraisal all three were considered. Subject effective age wasconsidered 40 years. MLS interior photo's were viewed on each comparable and al three condition/effective age was lower than subject. Theopinion of adjustment for functional was cost of replacement of windows, bath fixtures, entry doors, exterior cooing unit, and light fixtures. Physicalwas repair walls/ceilings, replace copper pipes, water heater, remove furniture, trash and debris, replace deck & porch, repair wall/floor in utilityroom paint interior/exterior and general cleaning. REO properties have a stigma that a property can be purchased for less than market and lendersare eager to sell and typically will sell for less than market.
The SALES COMPARISON APPROACH was given the most consideration as it reflects the buyers and sellers in the open market. The COSTAPPROACH was not considered as it is not a requirement of Fannie Mae and was not part of Scope of Work, The INCOME APPROACH was notconsidered due to lack of sufficient data to create a reliable GRM.
07/30/2015
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6858 Cedar Lake RdBonne Terre, MO 63628
N;Res;Fee Simple3.41 AcN;Res;DT1;RanchQ437C6
4 1 1.1768
768sf768sfwo1rr2br1.0ba1oFair/PoorFWA/NoneNone1gd2dwPrch,Deck,Patio
Other Feature 2 FireplaceOther Feature
MABOR07/30/2015
-1,000-
None
$
MABOR
MABOR
As per above.
As per attached photo's, subject suffers from functional and physical obsolescence. In this condition, appraiserin order to formulate and opinion of market value has 3 choices, 1. to enlarge the marketing area, 2. to consider dated sales, and 3. to considerthe most similar and adjust, with adjustments exceeding guidelines. In this appraisal all three were considered. Subject effective age wasconsidered 40 years. MLS interior photo's were viewed on each comparable and al three condition/effective age was lower than subject. Theopinion of adjustment for functional was cost of replacement of windows, bath fixtures, entry doors, exterior cooing unit, and light fixtures. Physicalwas repair walls/ceilings, replace copper pipes, water heater, remove furniture, trash and debris, replace deck & porch, repair wall/floor in utilityroom paint interior/exterior and general cleaning. REO properties have a stigma that a property can be purchased for less than market and lendersare eager to sell and typically will sell for less than market.
The SALES COMPARISON APPROACH was given the most consideration as it reflects the buyers and sellers in the open market. The COSTAPPROACH was not considered as it is not a requirement of Fannie Mae and was not part of Scope of Work, The INCOME APPROACH was notconsidered due to lack of sufficient data to create a reliable GRM.
07/30/2015
Uniform Residential Appraisal Report
SALE
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There are comparable properties currently offered for sale in the subject neighborhood ranging in price from $ to $ .There are comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ to $ .
FEATURE SUBJECTAddress
Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck
Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $
Net Adj. %Gross Adj. %
Net Adj. %Gross Adj. %
Net Adj. %Gross Adj. %
I did did not research the sale or transfer history of the subject property and comparable sales. If not, explain
My research did did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal.Data Source(s)My research did did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale.Data Source(s)Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3).
ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales
Summary of Sales Comparison Approach
Indicated Value by Sales Comparison Approach $Indicated Value by: Sales Comparison Approach $ Cost Approach (if developed) $ Income Approach (if developed) $
This appraisal is made "as is", subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have beencompleted, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or subject to thefollowing required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair:
Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limitingconditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is$ , as of , which is the date of inspection and the effective date of this appraisal.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
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COST APPROACH TO VALUE (not required by Fannie Mae)Provide adequate information for the lender/client to replicate the below cost figures and calculations.Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value)
ESTIMATED REPRODUCTION OR REPLACEMENT COST NEWSource of cost dataQuality rating from cost service Effective date of cost dataComments on Cost Approach (gross living area calculations, depreciation, etc.)
OPINION OF SITE VALUE =$DWELLING Sq.Ft. @ $ =$
Sq.Ft. @ $ =$=$
Garage/Carport Sq.Ft. @ $ =$Total Estimate of Cost-New =$Less Physical Functional ExternalDepreciation =$( )Depreciated Cost of Improvements =$"As-is" Value of Site Improvements =$
INDICATED VALUE BY COST APPROACH =$Estimated Remaining Economic Life (HUD and VA only) YearsINCOME APPROACH TO VALUE (not required by Fannie Mae)
Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income ApproachSummary of Income Approach (including support for market rent and GRM)
PROJECT INFORMATION FOR PUDs (if applicable)Is the developer/builder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) Detached AttachedProvide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit.Legal Name of ProjectTotal number of phases Total number of units Total number of units soldTotal number of units rented Total number of units for sale Data source(s)Was the project created by the conversion of existing building(s) into a PUD? Yes No If Yes, date of conversion.Does the project contain any multi-dwelling units? Yes No Data SourceAre the units, common elements, and recreation facilities complete? Yes No If No, describe the status of completion.
Are the common elements leased to or by the Homeowners' Association? Yes No If Yes, describe the rental terms and options.
Describe common elements and recreational facilities.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannie Mae Form 1004 March 2005
NOTE; I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within thethree year period immediately preceding acceptance of the agreement.
NOTE; Part of DEFINITION OF MARKET VALUE is "a reasonable time is allowed for EXPOSURE in the open market". The opinion of appraiser isa reasonable time for EXPOSURE in the open market for subject is 30-180 days, supported by MLS sales in past year in attached 1004MC.
NOTE; Compensation for inspection and completion of appraisal package is
NOTE; GLA was adjusted @ per sq. ft., basement @ per sq. ft., with additional per sq. ft. for finish area.
NOTE; MLS was researched of competitive site sales in St. Francois County and developer of Cedar Lake was consulted of private site sale in Cedar Lake and opinion is that subject site market value is
NOTE: The sales/lisitngs as shown on page 2 of 6 at top of page was for address of Bonne Terre, of 1 to 3 bedrooms with 1 to 20 acres in sale price range of .
NOTE: HIGHEST AND BEST USE; The subject is a legally permissible use based on its current zoning. Also, the site size, shape, andland-to-building ratio allow the present structure and indicate a good utilization of the improvements. Based on current structure market conditions,the existing structure is a single family residence is its financially feasible and maximally productive use. The highest and best use, as if vacant,would be to construct a single family residence.NOTE; NO employee, director, officer or agent of the lender, or any other third party acting as joint venture partner, independent contractor,appraisal management company, or partner on behalf of the lender has influence or attempted to influence the development, reporting, result, orreview of this assignment through coercion, extortion, collusion,, compensation, instruction, inducement, intimidation, bribery, or in any othermanner. I have not been contacted by anyone other than the intended user(lender/client as identified on the first page of the report), borrower, ordesignated contact to mae an appointment to enter the property. I agree to immediately report any unauthorized contacts either personally, byphone, or electronically.EXTRAORDINARY ASSUMPTION - In preparing appraisals, appraisers do not always have the benefit of viewing the comparable sales and listingsto the same degree as the viewing of subject. Therefore, it is necessary to rely upon data from published sources that are deemed to be reliable,but cannot be guaranteed with the same level of certainty as information developed through first hand observation.NOTE; The appraiser is not a home inspector. Therefore, this report should not be relied upon to disclose any conditions present to subjectproperty. The appraisal report does not guarantee that the property is free of defects, A professional inspection is recommended should such adetermination be desired by the intended user or any other interested party.
MLS Market sales in past 3 years of competitivesites.
13,500
See Attached Building Graph for Gross Living Area & Floor Plan.Site Value Taken From Market Sales.Site Improvements; Well, Septic Sewer and Gravel Driveway.
The INCOME APPROACH was not considered due to lack of sufficient data tocreate a reliable GRM.
NOTE; I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within thethree year period immediately preceding acceptance of the agreement.
NOTE; Part of DEFINITION OF MARKET VALUE is "a reasonable time is allowed for EXPOSURE in the open market". The opinion of appraiser isa reasonable time for EXPOSURE in the open market for subject is 30-180 days, supported by MLS sales in past year in attached 1004MC.
NOTE; Compensation for inspection and completion of appraisal package is
NOTE; GLA was adjusted @ per sq. ft., basement @ per sq. ft., with additional per sq. ft. for finish area.
NOTE; MLS was researched of competitive site sales in St. Francois County and developer of Cedar Lake was consulted of private site sale in Cedar Lake and opinion is that subject site market value is
NOTE: The sales/lisitngs as shown on page 2 of 6 at top of page was for address of Bonne Terre, of 1 to 3 bedrooms with 1 to 20 acres in sale price range of .
NOTE: HIGHEST AND BEST USE; The subject is a legally permissible use based on its current zoning. Also, the site size, shape, andland-to-building ratio allow the present structure and indicate a good utilization of the improvements. Based on current structure market conditions,the existing structure is a single family residence is its financially feasible and maximally productive use. The highest and best use, as if vacant,would be to construct a single family residence.NOTE; NO employee, director, officer or agent of the lender, or any other third party acting as joint venture partner, independent contractor,appraisal management company, or partner on behalf of the lender has influence or attempted to influence the development, reporting, result, orreview of this assignment through coercion, extortion, collusion,, compensation, instruction, inducement, intimidation, bribery, or in any othermanner. I have not been contacted by anyone other than the intended user(lender/client as identified on the first page of the report), borrower, ordesignated contact to mae an appointment to enter the property. I agree to immediately report any unauthorized contacts either personally, byphone, or electronically.EXTRAORDINARY ASSUMPTION - In preparing appraisals, appraisers do not always have the benefit of viewing the comparable sales and listingsto the same degree as the viewing of subject. Therefore, it is necessary to rely upon data from published sources that are deemed to be reliable,but cannot be guaranteed with the same level of certainty as information developed through first hand observation.NOTE; The appraiser is not a home inspector. Therefore, this report should not be relied upon to disclose any conditions present to subjectproperty. The appraisal report does not guarantee that the property is free of defects, A professional inspection is recommended should such adetermination be desired by the intended user or any other interested party.
MLS Market sales in past 3 years of competitivesites.
13,500
See Attached Building Graph for Gross Living Area & Floor Plan.Site Value Taken From Market Sales.Site Improvements; Well, Septic Sewer and Gravel Driveway.
The INCOME APPROACH was not considered due to lack of sufficient data tocreate a reliable GRM.
Uniform Residential Appraisal Report
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COST APPROACH TO VALUE (not required by Fannie Mae)Provide adequate information for the lender/client to replicate the below cost figures and calculations.Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value)
ESTIMATED REPRODUCTION OR REPLACEMENT COST NEWSource of cost dataQuality rating from cost service Effective date of cost dataComments on Cost Approach (gross living area calculations, depreciation, etc.)
OPINION OF SITE VALUE =$DWELLING Sq.Ft. @ $ =$
Sq.Ft. @ $ =$=$
Garage/Carport Sq.Ft. @ $ =$Total Estimate of Cost-New =$Less Physical Functional ExternalDepreciation =$( )Depreciated Cost of Improvements =$"As-is" Value of Site Improvements =$
INDICATED VALUE BY COST APPROACH =$Estimated Remaining Economic Life (HUD and VA only) YearsINCOME APPROACH TO VALUE (not required by Fannie Mae)
Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income ApproachSummary of Income Approach (including support for market rent and GRM)
PROJECT INFORMATION FOR PUDs (if applicable)Is the developer/builder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) Detached AttachedProvide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit.Legal Name of ProjectTotal number of phases Total number of units Total number of units soldTotal number of units rented Total number of units for sale Data source(s)Was the project created by the conversion of existing building(s) into a PUD? Yes No If Yes, date of conversion.Does the project contain any multi-dwelling units? Yes No Data SourceAre the units, common elements, and recreation facilities complete? Yes No If No, describe the status of completion.
Are the common elements leased to or by the Homeowners' Association? Yes No If Yes, describe the rental terms and options.
Describe common elements and recreational facilities.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of amanufactured home or a unit in a condominium or cooperative project.
This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value,statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intendeduse, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser mayexpand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisalassignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that donot constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser'scontinuing education or membership in an appraisal organization, are permitted.
SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and thereporting requirements of this appraisal report form, including the following definition of market value, statement ofassumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visualinspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of thecomparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources,and (5) report his or her analysis, opinions, and conclusions in this appraisal report.
INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is thesubject of this appraisal for a mortgage finance transaction.
INTENDED USER: The intended user of this appraisal report is the lender/client.
DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and openmarket under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assumingthe price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date andthe passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bothparties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) areasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in termsof financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property soldunaffected by special or creative financing or sales concessions* granted by anyone associated with the sale.
*Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments arenecessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs arereadily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financingadjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutionallender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanicaldollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market'sreaction to the financing or concessions based on the appraiser's judgment.
STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report issubject 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 titleto it, except for information that he or she became aware of during the research involved in performing this appraisal. Theappraiser assumes that the title is good and marketable and will not render any opinions about the title.
2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements.The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determinationof its size.
3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency(or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in anidentified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express orimplied, 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, thepresence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he orshe became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisalreport, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of theproperty (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances,adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no suchconditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any suchconditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist.Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered asan 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 satisfactorycompletion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property willbe performed in a professional manner.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of amanufactured home or a unit in a condominium or cooperative project.
This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value,statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intendeduse, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser mayexpand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisalassignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that donot constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser'scontinuing education or membership in an appraisal organization, are permitted.
SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and thereporting requirements of this appraisal report form, including the following definition of market value, statement ofassumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visualinspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of thecomparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources,and (5) report his or her analysis, opinions, and conclusions in this appraisal report.
INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is thesubject of this appraisal for a mortgage finance transaction.
INTENDED USER: The intended user of this appraisal report is the lender/client.
DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and openmarket under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assumingthe price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date andthe passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bothparties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) areasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in termsof financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property soldunaffected by special or creative financing or sales concessions* granted by anyone associated with the sale.
*Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments arenecessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs arereadily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financingadjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutionallender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanicaldollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market'sreaction to the financing or concessions based on the appraiser's judgment.
STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report issubject 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 titleto it, except for information that he or she became aware of during the research involved in performing this appraisal. Theappraiser assumes that the title is good and marketable and will not render any opinions about the title.
2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements.The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determinationof its size.
3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency(or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in anidentified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express orimplied, 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, thepresence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he orshe became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisalreport, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of theproperty (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances,adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no suchconditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any suchconditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist.Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered asan 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 satisfactorycompletion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property willbe performed in a professional manner.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
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 inthis appraisal report.
2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the conditionof the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect thelivability, soundness, or structural integrity of the property.
3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional AppraisalPractice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were inplace at the time this appraisal report was prepared.
4. I developed my opinion of the market value of the real property that is the subject of this report based on the salescomparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approachfor this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not developthem, 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 forsale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subjectproperty for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report.
6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year priorto the date of sale of the comparable sale, unless otherwise indicated in this report.
7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property.
8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home thathas 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 subjectproperty and the comparable sales.
10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest inthe sale or financing of the subject property.
11. I have knowledge and experience in appraising this type of property in this market area.
12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listingservices, 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 fromreliable sources that I believe to be true and correct.
14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subjectproperty, and the proximity of the subject property to adverse influences in the development of my opinion of market value. Ihave noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, thepresence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of thesubject property or that I became aware of during the research involved in performing this appraisal. I have considered theseadverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value andmarketability of the subject property.
15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, allstatements and information in this appraisal report are true and correct.
16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, whichare 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 orprospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially orcompletely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, maritalstatus, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of thepresent 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 notconditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) apredetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause ofany party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pendingmortgage loan application).
19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If Irelied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisalor the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in thisappraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to makea change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take noresponsibility for it.
20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization thatordered and will receive this appraisal report.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
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 inthis appraisal report.
2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the conditionof the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect thelivability, soundness, or structural integrity of the property.
3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional AppraisalPractice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were inplace at the time this appraisal report was prepared.
4. I developed my opinion of the market value of the real property that is the subject of this report based on the salescomparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approachfor this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not developthem, 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 forsale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subjectproperty for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report.
6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year priorto the date of sale of the comparable sale, unless otherwise indicated in this report.
7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property.
8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home thathas 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 subjectproperty and the comparable sales.
10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest inthe sale or financing of the subject property.
11. I have knowledge and experience in appraising this type of property in this market area.
12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listingservices, 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 fromreliable sources that I believe to be true and correct.
14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subjectproperty, and the proximity of the subject property to adverse influences in the development of my opinion of market value. Ihave noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, thepresence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of thesubject property or that I became aware of during the research involved in performing this appraisal. I have considered theseadverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value andmarketability of the subject property.
15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, allstatements and information in this appraisal report are true and correct.
16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, whichare 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 orprospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially orcompletely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, maritalstatus, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of thepresent 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 notconditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) apredetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause ofany party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pendingmortgage loan application).
19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If Irelied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisalor the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in thisappraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to makea change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take noresponsibility for it.
20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization thatordered and will receive this appraisal report.
Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005
Uniform Residential Appraisal Report
21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of theborrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; othersecondary 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 toobtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisalreport may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, publicrelations, news, sales, or other media).
22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certainlaws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practicethat 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, mortgageinsurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as partof 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 aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.
25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/orcriminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United StatesCode, Section 1001, et seq., or similar state laws.
SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that:
1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser'sanalysis, opinions, statements, conclusions, and the appraiser's certification.
2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions,statements, conclusions, and the appraiser's certification.
3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or theappraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law.
4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted andpromulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisalreport was prepared.
5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.
,
/ /07/30/2015
MO06/30/2016
6858 Cedar Lake RdBonne Terre, MO 63628
,
/ /07/30/2015
MO06/30/2016
6858 Cedar Lake RdBonne Terre, MO 63628
Uniform Residential Appraisal Report
21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of theborrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; othersecondary 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 toobtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisalreport may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, publicrelations, news, sales, or other media).
22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certainlaws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practicethat 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, mortgageinsurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as partof 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 aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.
25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/orcriminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United StatesCode, Section 1001, et seq., or similar state laws.
SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that:
1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser'sanalysis, opinions, statements, conclusions, and the appraiser's certification.
2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions,statements, conclusions, and the appraiser's certification.
3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or theappraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law.
4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted andpromulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisalreport was prepared.
5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.
Property AddressCity County State Zip Code
Subject Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Front
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Subject Rear
Subject Street
Client
Lender
Subject Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Front
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Subject Rear
Subject Street
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Left front of subject.
Septic Sewer
View of wood deck.Unsafe to walk on.
Client
Lender
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Left front of subject.
Septic Sewer
View of wood deck.Unsafe to walk on.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Condition of boards on porch/deck
Condition of exterior wood.
View of roof.
Client
Lender
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Condition of boards on porch/deck
Condition of exterior wood.
View of roof.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Concrete pad where air unit was.NOTE; Cut off wires.
Client
Lender
Photograph Addendum
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Concrete pad where air unit was.NOTE; Cut off wires.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Living Roomand Fireplace
Subject InteriorKitchen
Subject Interior1/2 Bath
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Living Roomand Fireplace
Subject InteriorKitchen
Subject Interior1/2 Bath
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Bedroom
Subject InteriorBathroom
Subject InteriorBathroom & Mirror
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Bedroom
Subject InteriorBathroom
Subject InteriorBathroom & Mirror
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Broken Windows
Subject InteriorFireplacebasement
Subject InteriorView of light fixture andbroken fan. Kitchen
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Broken Windows
Subject InteriorFireplacebasement
Subject InteriorView of light fixture andbroken fan. Kitchen
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Broken kitchen lightfixture.
Subject InteriorHoles in walls.
Subject InteriorDamaged Wall.
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Broken kitchen lightfixture.
Subject InteriorHoles in walls.
Subject InteriorDamaged Wall.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Damaged ceiling andlight fixtures missing.
Subject InteriorFamily Rm & Fireplacebasement
Subject InteriorBasement Entry & otherend of Family Room
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Damaged ceiling andlight fixtures missing.
Subject InteriorFamily Rm & Fireplacebasement
Subject InteriorBasement Entry & otherend of Family Room
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Utility Roombasement
Subject InteriorBathroombasement
Subject InteriorBedroom
basement
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Utility Roombasement
Subject InteriorBathroombasement
Subject InteriorBedroom
basement
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Bedroombasement
Subject InteriorFurnacebasement
Subject InteriorElectric Panel Boxbasement
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Bedroombasement
Subject InteriorFurnacebasement
Subject InteriorElectric Panel Boxbasement
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Broken Windowsbasement
Subject InteriorBroken Windowbasement
Subject InteriorDamaged vent fan andhole in ceiling.basement
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437
Broken Windowsbasement
Subject InteriorBroken Windowbasement
Subject InteriorDamaged vent fan andhole in ceiling.basement
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Well holding tank anddamaged water heaterCopper pipes havebeen removed.
Subject InteriorAnother broken window.
Subject InteriorAnother broken window.
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Well holding tank anddamaged water heaterCopper pipes havebeen removed.
Subject InteriorAnother broken window.
Subject InteriorAnother broken window.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Another broken window
Subject InteriorDamaged ceiling.
Subject InteriorBasement Entry Doorsglass broken out.
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Another broken window
Subject InteriorDamaged ceiling.
Subject InteriorBasement Entry Doorsglass broken out.
Client
Lender
Property AddressCity County State Zip Code
Property AddressCity County State Zip Code
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Damaged wall andfloor in utility room.
Subject InteriorGarage Interior.
Subject Interior
Client
Lender
Subject Interior Photo Page
6858 Cedar Lake RdBonne Terre St. Francois MO 63628
Subject Interior
Sales PriceGross Living AreaTotal RoomsTotal BedroomsTotal BathroomsLocationViewSiteQualityAge
6858 Cedar Lake Rd
768411.1N;Res;N;Res;3.41 AcQ437Damaged wall andfloor in utility room.
Subject InteriorGarage Interior.
Subject Interior
Client
Lender
Property AddressCity County State Zip Code