Laserfiche WebLink
TCF Bank-Direct Lending Ac <br /> Uniform Residential Appraisal Report File# 3803WA <br /> See Attached Addendum <br /> A <br /> D <br /> D <br /> I <br /> T <br /> I <br /> 0 <br /> N <br /> A <br /> L <br /> C <br /> 0 <br /> 'M <br /> ,M <br /> E' <br /> N <br /> T <br /> ,S <br /> COST APPROACH TO VALUE(not required by Fannie Mae) <br /> Provide adequate information for the lendedclient to replicate the below cost figures and calculations. <br /> Support for the opinion of site value(summary of comparable land sales or other methods for estimating site value) <br /> _ __ _. _ <br /> The subjecYs estimated site as vacant land value was derived from the appraisers research of land values in the area and county information. <br /> C <br /> 0 <br /> S <br /> T ESTIMATED ❑REPRODUCTION OR �REPLACEMENT COST NEW OPINION OF SITE VALUE.............................................................. _$ 195000 <br /> Source of cost data Marshall&Swift Dwelling 2670 Sq.Ft.@$ 90 ........... _$ 240300 <br /> A _ _ . .. <br /> P Quality rating from cost service Effective date of cost data 11/30/2013 Bsmt: 1314 Sq.Ft.@$ �0 , _g 91980 <br /> __ _.___. <br /> P Comments on Cost Approach(gross living area calculations,depreciation,etc) -g 25000 <br /> R The Marshall,Swift and Boeckh cost services,along with the builders cost data,were Garage/Carport 858 Sq.Ft.@$ 40 ........,., _$ 34320 <br /> � utilized in the estimation of replacement cost for the subject. <br /> A Total Estimate of Cost-New ....... .... _$ 391600 <br /> C __ _ __ I <br /> H Less Physical Functional External <br /> Depreciation 26106 =$( 26106 ) <br /> I <br /> _ _ <br /> Depreciated Cost of Improvements ................................................... _$ 365494 <br /> _ __ <br /> "As-is"Value of Site Improvements ................................................... _$ 25000 <br /> _ <br /> Estimated Remaining Economic Life(HUD and VA only) �� Years Indicated Value by Cost Approach __. =S 585500 <br /> � <br /> INCOME APPROACH TO VALUE(not required by Fannie Mae) <br /> N Estimated Monthly Market Rent S X Gross Rent Multiplier =g Indicated Value by Income Approach <br /> � Summary of Income Approach(including support for market rent and GRM) <br /> 0 _ _ _ _ <br /> M <br /> E <br /> PROJECT INFORMATION FOR PUDs (if applicable) <br /> Is the developer/builder in control of the Homeowners'Assoaation(HOA)? ❑Yes � No Unit type(s) 0 Detached ❑Attached <br /> Provide 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. <br /> P Legal Name of Project Shadowood Farm __ _ __ _ _._ __ _ _ <br /> ii _ _ _ _ __ <br />