|
<br />,.
<br />
<br /> -
<br /> -
<br /> 'tJ &
<br /> Jg
<br /> e c:
<br /> OlE
<br /> e-~
<br /> 8lE
<br /> .s~
<br /> (1).0
<br /> .-....
<br /> .....(,)
<br /> ig
<br />~8
<br />.gGJ
<br />(I) S
<br />.- ,g
<br />;:
<br />.S
<br />l
<br /> -...
<br />
<br />Summary A praise) Report
<br />
<br />030734
<br />FileNo. 030734
<br />State co ZI Code 80733
<br />aun WASHINGTON
<br />581.56 5 eris
<br />Dc u ant Owner Tel\3l1l
<br />Condominium HUD A onl HOA
<br />Census Tracl 011-121.9$42
<br />CONVENTIONAL
<br />
<br />UNIFORM RESIDENTIAL APPRAISAL REPORT
<br />Address 35997 HIGHWAY t1 C HIl.LROSE
<br />aI OIlSC A TRACT IN THE SW1].\ OF SECTlDN 31 TOWNSHIP 5N RANGE 54 WEST
<br />Assesso~sParceINo. 015-313..(10-066 TaxYe r2002 R.E.Taxe
<br />BorroWef vie QUINT Current owner vie QUINT
<br />Pr e htsa raised FeeSlm e Leas hold Pro tT e PUD
<br />N~ 01 \1T ct Name RURAL HILLROSE Ma Reference
<br />Sale Plica REFINANCE Date of Sale N/A as I of I c co esslo
<br />lender Uent vie QUINT Address 35997 HIGHWAY 6 HllLROSE CO 80733
<br />raiser ROBERT W. PENNINGTON Addfells P.O. BOX 401 BRUSH CO 80723
<br />location Urban SllbtJrban PredomInant n!.' OUI ~
<br />Bunt up 0 OVer 75% 0 25-75% ..,u]ll1lC'f ii&oJ tilsl
<br />Growth rate 0 Rapfd I2l Stable l2l OWner 80 low NEW
<br />Propertyvalues o Increasing IZ!Stahte Dlenant 200 Hlh 100
<br />Demandlsupply 0 Shortage !8) In balance 0 Vacanl (0-51.) Predomln'Ml\
<br />M etin tI U der3mos. .6 mos. Over 6 mos. ac.o 100 70
<br />Note: Race and IhCl n1clal compo.lllon 01 thll neighborhood alII not appraisal faclonl.
<br />M~ 'oounOanes ann cl1aractei\s1lcs: NEtGHBORl-lOOD BOUNDARIES INCl.UDE SIMILAR PROPERTIES WITHIN NW WASHINGTON COUN1Y HE
<br />MORGAN COUNTY AND SOUTHWESTERN l.OGAN COUNTY.
<br />Factors thai affect the marketability of the properties In the nelghborhood (proximity to employment and amenities, employment stablllly, appeal to market, ere.):
<br />SU'BJECt IS lOCAtED APPROXIMA:TElY 5 M.lLES MORThUf!1" Qf' W,LU\OSE. 'r\\\.\.ROSE \S SlI.A.\.L RURAL COMMUNITY lOCATED 5 MileS
<br />NORTHEAST OF BRUSH. WASHINGTON AND MORGAN COUNTY HAVE STABLE ECONOMIES WITH UNEMPLOYMENT RATES BELOW 4%. COUNTY
<br />SCHOOL BUS AND RURAL MAlL CARRIER SERVICE THIS AREA. RURAL RANCHETTE TYPE PROPERTIES WITH SMAL.L ACREAGE AND WITH
<br />CLOSE COMMUTING DISTANCE,.O CllY AMENITIES SUCH AS SUBJECT ARE IN DEMAND AS THEY OFFER PRJVACY AND ALLOW RAISING A FEW
<br />ANIMALS FOR 4-H PROJECTS QR AS A HOBBY.
<br />MarXetcondlllons In the subject nelghborhood (k1cludJng support lor the above conclusloos r elatedtothetrefldotprope.1yvalues, demandlsupp/y,and marketingtlme
<br />-suchasdataoncofl'l\lelltlve~~ettiesforsa1elnthllneIQhoorhood,descrlptlonoltheprllValenceofsalesandfJnanclngconcesslons,etc.l:
<br />AVERAGE MARKETING TIME HAS STABILIZED AT 120 DAYS. THE SALE TO LlSnNG PRICE RATIO IS 95% AND THE NUMBER of LIS-nNG5 'r\AVE
<br />Sl"A.ShJZED AFTER INCREASING IN 1998-2000. THE 2001 TO PRESENT MARKET HAS STABILIZED AS FOUND THROUGH MLS DATA AND RESALE
<br />ANALYSIS. PREDOMINATE FINANCING FOR AREA IS CONVENTIONAL WITH FHA AND VA LOANS fOLLOWING. CASH SALES ARE ALSO TYPICAL
<br />TO THE AREA. CURRENT FINANCE TERMS ARE FAVORABLE WITH RATES BETWEEN s% TO 6%.
<br />
<br />Vacant
<br />
<br />
<br />Ptennt land use %
<br />Onctanily 5
<br />2-4 family
<br />MulU-famlly
<br />Commelclal
<br />AGRICUlT
<br />
<br />Land Uh change
<br />o Nollke~ 0 Uk.,
<br />o In process
<br />To:
<br />
<br />.5
<br />
<br />
<br />ProjtctlnklnnatfonlorPUOI (U applicable) - -js the developerfDullder In control of the Home Owners' Association (HOA)? Yes No HIA
<br />Approxlmate total number of units In 1I1e subject project N/A Approximate total number of units for saJe in tile subject project N/A
<br />Descrlbe commoo elements and recreational facilities: HIA
<br />DJmenslOlls IRREGUlAR-NO SURVEY PROVIDED Topography LEVEL
<br />Site area 5 ACRES MIL Comer lot 0 Yes !ZI No SIze TYPICAL FOR AREA
<br />SpecJflc zOlllng classUlcatlon and descrlptlon WASHINGTON COUNTY IS NOT ZONED Shape IRREGULAR
<br />Zoning compliance 0 legal 0 legal nonconforming (Grandfathered use) 0 Illegal r2J No zoning Dralnage APPEARS ADEQUA1E
<br />51 as Present use Other use laIn VIew AVERAGE
<br />UUlltlel PubUc other orr-.lllelmprovemenb Type landscaping AVERAGE
<br />Electricity [gJ XCEL ENERGY Street ASPHALT Driveway Surface GRAVEL
<br />Gas 0 PROPANE Cur'oJgut\tll NQNE-'NP\C...\. ~pmen\ easements lYPICAL UTlL\lY
<br />Water DPRYTWELl Sidewalk NONE.TYPICAL FEMASpscial Rood Hazard Area Dyes ~No
<br />Sanitary sewer 0 PRNATEoSEPl1C Slrestllghts NONE.TYPICAL FEMAlone NIA Map Date NIA
<br />&oImS&'ll NONE-lYPICAL AIle NOtlE.lYPICAL FEMA No. NOT MAPPED
<br />Comments (apparent adverse: easBlllllfll.s, encroaclmltnts, Spetla.l 'aS1eS1men\s, s"ds areas, mega! Oflegal nonconloonlng zonIng Uge, etc.): NORMAL UTILITY
<br />EASEMENTS. NO VISUAL SIGNS OF ENCROACHMENTS. NO ADVERSE CONDITIONS NOTED.
<br />
<br />
<br />EXTERIOR DESCRIPTION
<br />Foundation CONCRETE
<br />Exterior Walls FRAME
<br />
<br />BASEMENT
<br />AreaSq.R. 1040
<br />%Anlshed 100%
<br />Cell!ng DRYWALL
<br />Walls DRYWALL.
<br />Roor CRPTNlNYL
<br />Outside Entry NO
<br />
<br />INSUlATION
<br />RooI_D
<br />111lQ ASSIlMO ~
<br />Walls UNKNW ~
<br />Roor==D
<br />None_D
<br />LXtknow!l....-- 0
<br />ADEQUATE
<br />other Area.R.
<br />1 ..,
<br />,...
<br />
<br />FOUNDATION
<br />Slab NONE
<br />Crawl Space NONE
<br />semsn -FULL
<br />Sump Pump HONE
<br />Dampness NONE NOTED
<br />Settlement NONE NOTED
<br />Infestation NONE NOTED
<br />F Rm. Rec. m. Bsdrooms
<br />1 ,
<br />1
<br />
<br />GutlelS & Ownspts. METAL-AVG
<br />WIndow Type WOOD
<br />stomv'Screens COMBO
<br />ManufacturellHouse NO
<br />01 l<ltcl\tln
<br />
<br />rafledranch
<br />EXISl1NG
<br />20 YEARS
<br />1~ YEARS
<br />l!f LMn
<br />
<br />NBaths laund
<br />.75 1
<br />1 1
<br />
<br />FInIshed area above de contains: 4 Rooms' 1 Bedrooms' 1 Balhs' ,... uarefeelofGrosslivln Aioa
<br />INTERIOR Materlals/CondillOll HEATING KITCHEN EOUIP. AmC AMENmES CAR STORAGE:
<br />Aoor. CRPTIVINYUHRDWD 1ype HWBB Relrlgera\l)J 0 None """,,,\.)#_0 - 0
<br />Wans DRYWALL-AVG Fuel LP Range/Oven 0 SlID" Pali<l 0 Garage NO/cars
<br />1ni1Vflnlsh WOOD-AVG Condition ASSUMD Disposal 0 DropS", Deck 0 Allached
<br />Ba1hflom V1NYL-A.VG COOUNG NONE D1shwashM 0 ScutIl. POleI'. 0 Dela&htd 86Uf IhoD
<br />Bath Wainscot FIBERGLASS Co"". fall'l\oorl 0 A,,,, fence 0 Bum-In
<br />Doo" WOOD Other Microwave 0 Heated Pool 0 Carport
<br /> ""'ditIon We,"" er FInished 2 POLE BUILDINGS 0",.. mulll~ar
<br />Addltlonalfeatures (special ooergy efflclentltems, etc.): NO SPECIAL ENERGY EFFICIENT ITEMS WERE NOTED.
<br />
<br />Condlllon Gf the lm\lrovements., depxoolatioo (physlcal, IlJoo1tooaI, and external), repalrs neaded, qualily 01 coostrottion, remodeUng(addltlons, etc.: Sub uet III a
<br />ralaed lanch Ie home In avel. condItIon DVel1lll. The owner haalnatalled new floatln hardwood f100lln In the kitchen and dlnln room In the
<br />at 2 eara. Some of the cal tin II becomln dated In _ Ie however It la aver In overall condition. No rain are noted or re ulled. A
<br />review of the title 011 and a IUNCI would detennlnll whethel lub ect has Ie alln rea./e less.
<br />Adverse envlronmlllltal condlllons (such as, but not IInl1ed 00, hazardous wastes, toxic substances, etc.) present Ifl the Improvements, on the site, or Irl1he
<br />Immediate vicinity of the subject property.: THERE ARE NO KNOWN OR APPARENT ADVERSE CONDIl10NS THATWOULO NEGATI'IELY IMPACT THE
<br />VALUE OF THE SUBJECT HOME.
<br />Freddie Mac Form 70 6193 PAGE 1 OF 2 FannIe Mae Form 1004 6193
<br />
<br />Fonn UA2 - "TOTAL lor W1ndClWS' appraisal software by a Ja mode, fnc, - 1.800-ALAMOOE
<br />
|