property appraisal(2) - Laserfiche WebLink

Home Browse Search

, . Uniform Residential A raisal Re Oft TCF Bank-Direct Lending A PP p File# 3803WA i There are 4 comparable propeRies currently offered for sale in the subject neighborhood ranging in price from$ 549500 to g 995000 There are � comparable sales in the subject neighborhood within the past twelve months ranging in sale price from$ 595000 to$ 946500 FEATURE � SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 _ _. __ __ _ _ _. _ __ Address 1120 Cox Farm Road 980 Cox Farm Road 760 Dickey Lake Drive ', 1889 W Farm Road Long Lake, MN 55356 'Orono, MN 55356 Orono, MN 55356 ' Orono, MN 55356 Proximity to Sub�ect 0.18 miles SSW 0.37 miles SSW 0.51 miles SE Sale Price_ _ �.$ _ _ ,$ 735000 g 662500 ' g 750000 __ _.. _ __ Sale Price/Gross Liv.Area $ 0.00 sq.h. ,$ 248.73 sq.ft. $ 152.72 sq.ft. ' $ 255.19 sq.ft. ' _ _ _ _ . Data Source(s) NorthstarMLS#4583578;DOM 61 NorthstarMLS#4503147;DOM 40 NorthstarMLS#4520612;DOM 15 . _ Verification Source(s) Public Records �Public Records Public Records _ _ _. _ _ VAWEADJUSTMENTS DESCRIPTION DESCRIPTION ;+�-)$AdjustmenT DESCRIPTION +(-�$Adjustmenh DESCRIPTIO,N„ ,+(-)$Ad�ustment Sale or Financing ArmLth ArmLth ArmLth ___ _. ,�__ Concessions ' Conv;7350 -7350 ' Conv;10000 � -10000 ' Conv;10000 -10000 _ . . �.__ __. _—�- __- — — �__ _ Date of SalelTime ' s07/15;c06/15 , s09/14;c08/14 ' s10/14;c09/14 _ _ . ___r_._ ______. _..._...__. .._:�_.. Location N;Res, B;WtrFr,Res -25000 N;Res; ' N;Res; �_. �_.—. .._ ______ m_____ Leasehold/Fee Simple Fee Simple Fee Simple E Fee Simple Fee Simple ; .-- - —� _ Site 2.35 ac ' 4.64 ac � -22900 1.99 ac ; +3600' 2.10 ac ; +2500 _ _ __ ;__ . _ _ __ _ View N;Res; ' B;Wtr;Res -25000 ' N;Res; ' N;Res; .__ .. ADesign(Style) DT2;Modern DT2;Modem DT2;Modern DT2;Modern �, Quality of Construction Q3 Q3 Q3 < - Q3 ,... . E Actual Age 17 21 0 I 21 0' 26 0 , ... __ - S Condition C3 C3 C3 , C3 � Above Grade Total Bdrms Baths Total Bdrms Baths `Total Bdrms. Baths Total ; Bdrms Baths _. � . __. .. _ ,_ .. p Room Count 8 3 2.1 9 4 2 1 -5000 8 3 4.1 4000 , 9 , 2.1 -5000 �_.... �..___ . �_4 ___ �. M Gross Living Area 2670 sq.ft. 2955 sq ft ; -11400 4338 sq.ft. ' -66720 2939 sq.ft.I -10760 �__ _ -- .. _ . . __. P Basement&Finished 1314sf1182sfwo 1348sf1149siwo 0 2863sf1378sfwo 0' 1735sf869sfin +10000 A Rooms Below Grade 1 rrObr1.Oba3o 1 rr1 brl.ObaOo -2000 1 rr2br2.Oba1 o W -10000 1 rr1 brl.ObaOo � -2000 R _ __. _ _. _ _ •_____ � Functional Utility Acceptable Acceptable I Acceptable ; ; Acceptable , _ _ � _. _ _ ..__ S Heating/Cooling FWA C/Air FWA C/Air ; i FWA C/Air ', FWA C/Air _..__. .. �__ , N Energy Efficient Items None None None None �arage/Carport 3ga4dw 3ga4dw 3ga4dw ', 3ga4dw , _.._ . _. , __ _......._ _.. . ..._. . — __ A Porch/Patio/Deck 2 Patios,Deck,Porch Patio,Deck,Porch +2500`, Deck,Patio +7500' Deck,Patio +7500 _ _ __ _�_ � ...---- _-,__ P Fireplace 1 Fireplace 2 Fireplaces -2000 2 Fireplaces -2000 ' 2 Fireplaces ; -2000 ,.... +1000 R Fence Fence Fence ' None +1000 None � _ . _.._. . __ __... _ _...._ ___ � Amenity None None None , Inground Pool -20000 . .-_ . ___ , A Net Adjustment(Total) ❑ + � - $ 98150� ❑+ � - $ 80620' ❑ + 0 - $ 28760 _ _ , HAdjusted Sale Price 'Net Adj. -13.4 % ,Net Adj. -�2•2 % 'Net Adj. -3�8 % of Comparables Gross Adj. 14.0 % ', $ 636850'Gross Adj. 15.8 %', $ 581880 Gross Adj. 9.4 ��o ', $ 721240 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) MLS/Realtor/County Tax Records _ __ __ _.. _ _ __............. ..._-----....... ;; 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) MLS/Realtor/County Tax Records __ __ __ Report the results of the research and analysis of the prior sale or transfer history of the subject propeRy and comparable sales(repoR additional prior sales on page 3). ITEM ' SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Date of Prior Sale/Transfer ' ' __ _ __ Price of Prior SalelTransfer ' ' _ __ _ _ __ Data Source(s) MLS/Realtor/Counry MLS/Realtor/County ' MLS/Realtor/County MLS/Realtor/County Effective Date of Data Source(s) 08/03/2015 08/03/2015 08/03/2015 08/03/2015 T Analysis of prior sale or transfer history of the subject property and comparable sales The subject has not sold in the past 3 years. Our sources indicate that the comparables have not previously sold nor been listed within the past 12 months other than as stated above. Summary of Sales Comparison Approach _ __ See Attached Addendum