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SI <br />Summary Apprelsal Report Munkres b Associates 95 / 10 / 2 <br />property oesedP41on_ UNIFORM RESIDENTIAL APPRAISAL REPORT FlIe No. Summary Report O <br /> ProperNAddresa NE4SW4.Sec.20.Twp13S,R90W GlhSomerset sromCo. tip code81434~ <br /> L alDescdtbn NE45W4 'Section 20 Tw 13 South Ran a 90N 6PM coon Gunnison <br /> Assessor's Parcel No. 3185 173 00 000 Tar Year1994 R.E. saxes S - 0 - Soeclal pssessmems S <br /> Borrowm CurremOwrrmN3Utz !. A. b E. Cccu nt Owner Tenant x Vacant <br /> Pro hffi a nPoed X Fee SI b Leasetrotl P estT PUD Condominium UDNA on HOA S IMa. <br /> NelohDOrlroodorProbctName Lone Pine 8 Gribble Gulch MaoRalerenceGunnison County Census Tract <br /> Sab Rbe S Daffi of Sab Descdptlan and S amount or loan chartles/concessiens to De pall W seller <br /> LerMmA:tlent Mountain Coal Company AddresaP. 0. Box 591. Somerset. Colorado 81434 <br /> A raiser Jo ce I. Reid Address 3621 E50 Road Crawford Colorado 81415 <br /> Locatlon ` ^ Urban ^ Suburban ^X Rural Ptedomlrrord Ingb lemlly housing prosenf Ports use % Laird use change <br /> Built up ^ Orer 75% ^ 25.75% x^ Under 25% oeeuparrcy S(ROC~ pA~~i <br />0 One lamly 25 X^ Not Gkey ^ Likey <br /> Growth rata ^ Rapid ^ Shbb x^ Sbw Q Owna Low 5+- <br />250 2-4 lamly ^ In process <br /> Pmperyvabes ^krcroaskp OStabb ^OecRrdnq ^TenaM 75000 HI h25+- Multl-famly 70: <br /> DemardAtuppy ^Shortage x^In babnee ^Ova soppy ^Vacard (P5%) '~>~:::~ Predominant :.:;;~: Commercial <br /> Marketl tlme Under3mos. 3-B mos. X geramoo. Vac.orer5% 35000 25*- Yaeant 75 <br /> Note: Rees and the resist eomposlUon of the neighborhood ors not appraisal lectors. <br /> Nelphborhoodbgundadesanachancbrbtlcs: Rural rugged recreational/hunting area surrounded by National Forest <br /> - land. <br /> Facbn that aflecl fie marketabiTiy of the propertles In me nelghborhpod (proaimlry b empbymenl and amenities, empbymenl stabiliy, aDPwl b market eb.): <br /> There are no amenities to the ro ert It is accessible b a rou h forest service road which <br /> "receives minimum maintenance. There are few im rovements in the area as this is seasonal <br /> access via road and ossible ear round with snowmobiles in hi h elevation ru ed mountain <br /> country. mostly utilized as big game hunting area. <br /> Market conditlons In me subject neighborhood (Incbdlrp suppoA far the above concesions related m me trend of properh values, demand/SUppy, and marketrnp tlme <br /> - such as data on eompetltlve propertles for sob In me neighborhood, dcecdDtlon al me prevabnce of sales and Onancinq concessions, etc.): <br /> MLS statistics and land record data as well as sale/resale of Droperties in the are supported a <br /> if increase per month in property values in 1993 and the first half of 1994. The second half <br /> of 1994 and all of 1995 has seen a leveling or stabilizing of values The population has <br /> increased at approximateiy 4t Der year according to recent statistics. Financin is reedit <br /> available from a verist of sources and sellers are not re wired to offer sales concessions. <br /> _ Pro)eet Inlormellon for PUDa (U appaabb) - - Is me tlerebperrouitler In control al me Hame Owners' Association (HOA)9 ^ Yes ^ No . <br /> Approaimate total number of unlffi In me sub)ecl pro)eet Appraxfmaffi total number of units for sob to the subject pro)ect <br /> Descdbe common ebmenffi and reoreatlonal laciritles: <br /> Dlmerlsldrg None a licable Topography Ru ed mountains <br /> Sib area Not applicable Carrkrlot^Yes ^No Size Abov_e_Average`__. <br /> SpeclOczonlrpclassl0catlonanddcecdptlon A riculturdl soave Irregular <br /> toningcomptlance x^Legal ^Legalnorxontormlrp(Gnndlamereduse)^mepal ^Nozonlnq Drainage Good <br /> M hestabestuseaslm raved: x Present use Ommuse a lain View Good <br /> UlBllles Pubtle Omer ON-sae lmproremems Type Pubac PrMaffi Landscaping Natural Habl tat <br /> Ekctrktq ^Generator street Dirt ^x ^ OrNewaySurtace Dirt <br /> <br />Gas ^Propane Curb/puaer ^ ^ _ <br />Apparenttasemenffi None Noted <br /> Wafer ^ C i s t e r n SMewaRr ^ ^ FEMA Special Fbod Hazard Area ^ Yes ^ No <br /> Sanitary aewm ^$e t1C s stem Street Rphffi ^ ^ FEMA Iona MaDDate_- <br /> Slorm sewm A FEMA Map No. <br /> Comrnenffi (apparent adverse easamenffi, ancroaehmenffi, special assessnronffi, skde areas, IAegal or bgal nonconlor mir>q toning use, etc.): No t <br /> A licable <br /> <br /> GENERAL DESCRIPTION ExTERIOR DESCRIPTION FWNDATION BASEMENT INSULATION <br /> No.olUntffi 1 Foundatlon Conc/Av slab Yes Area Sq. FL None Roof <br />^ <br /> _ <br />No.otStodea 1 ExlerlorWatls Mtl/Av Crawl Space None %Flnished CelRnq_x ^ <br /> TyDe(Det/Arcp Det RoofSudace Ntl/Av Basement None CelRnq ___ Walls x_^ <br />~ <br /> Design(Syb) Cab'n Gutbrs6Dwmpffi. Roof O.H SumpPUmp None Observ Watls Fbor <br />^ <br /> ` <br />ExlstlrgNroposed Existin Window type Wood/Av Dampness Water dame Fbor None <br />^ <br /> __ <br />AOern~l 1 Yr. StomVSCreens None Settlement T scat Ou6ldeEntry Unknown x 0 <br /> E11ecQreA a n. Same ManufacWredHouae No Inlestatlon None Observ <br />_~ ROOMS m Lhl Dlnl Kitchen Den Faml Rm. Rec. Rm. Bedrooms / Bams Laund Omer Area S . FL <br /> Basemerd <br />None <br /> Lovell 1 1 4 1 1 1055 <br /> Level2 <br /> <br /> Flnished arw shore rode contains: 6 Rooms' 4 Bedroom s ~ 1 Bat h s ~ 1 055 S ware Fcet of Gross LNIn Area <br /> INFERIOR Maffidab/Copditlon HEATING KRCHEN EOUIP. ATTIC AMENITIES CAR STORAGE: <br /> Fbors CgnCrete/AV Type HtWt rR Retdgmatar 0 None ^x Flreplace(s)R None ^ None <br /> Wags r wall/AV Fuel Slr/Wd RanpeAAen X^ Smlrs ^ Patlo None ^ Garage *al cars <br /> Tdm/Flmsh WOOd/AV CondmonAv Dhposal ^ DroDSffiIr ^ Deck None ^ Atlached <br /> <br />BamFbor Concrete/Av <br />COOLING None <br />Dishwashm ^ <br />Scutib ^ <br />Poroh Yes Q _ <br />Detached <br /> Bath Wainscot Pl aStiC/Av Central FarvHood ^ Floor ^ Fence None ^ BeIK-In <br /> Dann Wood/Av Omm Microwave ^ Fbabd ^ Pool None ^ Carport <br /> Conditlon Washer m Flnished DrNewa Dirt <br /> Addlibnafleatures(speclatenergyemclerdBema,eb.): SOlar hot water radiant heat and electricit Wood stove in <br /> living room. Pitched ceiling <br /> Condltlon of ma Imprwemenffi, depreclatlon (plrysba(functlonal, aM ammaq, repairs nceded, quayy of consWCtion, remodeling/additlons, etc.: Th i 5 i S a <br /> low cost seasonal hunting/recreation cabin with cistern for domestic water solar generator <br />_ and wood stove. It Ts partially unfinished includin a second bathroom wood trim around doors <br />- and floor. There is water damage around the floor in the living area. No floor covering. <br /> Adverse emlronmenUl condltlonb (such as, but not Rmlbd to, hazardous wastes, bale subsbnces, ek.) present in the improvements, on the site, or In the <br /> Immedlabriclntyoltfrosub)eclpropery.: There are no known or apparent adverse environmental conditions that <br /> would ne ativel im act on the. value of the property- <br />Freddie Mac Fomr.70 6/93 PAGE 1 OF 2 Fannie Mae Fonn 1004 <br />Form UA2 -- 'TDTAL 2000' appraisal software by a b mode Inc •• t-nnn.ai nr.nnc <br />