Momentum Invoice Appraisal Management Group, Inc.
Transcription
Momentum Invoice Appraisal Management Group, Inc.
Momentum Appraisal Management Group, Inc. 12000 Starcrest, Ste. 109 San Antonio, TX 78247 Phone: (210) 490-9804 Fax: (210) 490-9817 www.momentumweb.com Bill To Customer Phone Invoice San Antonio Housing Authority PO Box 1300 818 S. Flores San Antonio, TX 78204 09a1052 J Date LO/Requestor Terms Due Date Processor 10/25/2007 Pena Net 15 11/9/2007 LL Description Conventional Residential Appraisal Rate 350.00 Property Address: 618 Villa Linda San Antonio, TX 78237 Reference: Borrower: Janie Burciaga Requested by: Rachel Pena For your convenience we accept both MasterCard and VISA . THANK YOU We Appreciate Your Business! Please Pay Promptly! Tax ID # 26-0051510 E-mail [email protected] Total Balance Due $350.00 $350.00 Assembled and Delivered By Appraisal Management Group APPRAISAL OF REAL PROPERTY LOCATED AT: 618 Villa Linda San Antonio, Texas 78228 NCB 8251 BLK 1 LOT 88, Palm Lake FOR: San Antonio Housing Authority Rachel Pena 818 S. Flores, San Antonio, Texas 78204 San Antonio Texas 78204 BY: Eric David Sather, CRA 09 A1 052 S J Digital Signatures: Any electronic signature contained in this document shall be deemed to have the same force and effect as the use of a manual signature. - CITE: 1997 TX S.B. 787 Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 1) for - 09A1052SJ 09A1052SJ 618 Villa Linda Janie Burciaga NCB 8251 BLK 1 LOT 88, Palm Lake 082510010880 N/A San Antonio Janie Burciaga Texas Bexar 78228 2006 3,590.84 615B3 1712.00 N/A N/A Determine Market Value 818 S. Flores, San Antonio, Texas 78204, San Antonio Texas 78204 San Antonio Housing Authority The local MLS & county tax records were the data sources. The subject is not currently listed for sale on the SA-MLS. N/A N/A N/A N/A N/A Culebra Rd to the north, Callaghan Rd to the west, Hwy 90 to the south and IH-10 to the 25 0 100+ 55+ 35-50 60-80 east. 68.0 1.0 1.0 5.0 25.0 Vacant The subject property is convenient to shopping, transportation, centers of employment and neighborhood conveniences. Proximity to employment is favorable due to ready access via Loop 410, IH-35, IH-10, and other major thoroughfares which lead to San Antonio's business and employment centers. The west central area of the San Antonio Metropolitan area continues to be well received in regards to residential market appeal. Currently, demand for housing in this area is good and is evident by the active new construction and resale market around the subject neighborhood. Not available from public records. R-6 0.18 Acre (tax rcds) Basically Rectangular Single Family Residential Residential Asphalt None All Electric X 480290429E 02-16-96 There were no apparent adverse easements or encroachments noted. However, a current title policy or professional land survey was unavailable for this analysis. One N/A N/A Traditional 2000 4 N/A Slab-Average Brick/Hrdplnk-Average CompShingle-Average Prtl Gtrs-Average Alum Frame-Average None Cpt/VT-Average Drywall-Average Wood-Average SV-Average Fbrgls-Average Yes-Average One Concrete Electric One None N/A 5 3 2.0 1,218 None noted. NOTE: at the time of inspection, the flooring in the living room and right rear bedroom had been removed. Signs of small mold/mildew like substance was noted on the drywall above the main bathroom tub enclosure. No inspection report was provided regarding this mold/mildew like substance and interested parties should seek appropriate inspections as the appraiser is not qualified in this area of expertise. The estimated cost of repair for the missing flooring is $1,500. NOTE: at the time of inspection, the flooring in the living room and right rear bedroom had been removed. Signs of small mold/mildew like substance was noted on the drywall above the main bathroom tub enclosure. No inspection report was provided regarding this mold/mildew like substance and interested parties should seek appropriate inspections as the appraiser is not qualified in this area of expertise. See pg 3 for add'l comments. The property conforms to the neighborhood standard. Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 2) for - 09A1052SJ 09A1052SJ 17 7 $73,700 $72,496 618 Villa Linda San Antonio, Texas 78228 466 Precious Drive San Antonio, Texas +/- 3 Blocks W. 114 Villa Arboles San Antonio, Texas +/- 14 Blocks NE. 115 Villa Grande San Antonio, Texas +/- 15 Blocks NE. 74,000 74,000 5 Fireplace(s) Fencing Appl's 3 2.0 1218 73,000 58.31 Sales Broker/L.P.$74,000 MLS#638554 57.68 Sales Broker/L.P.$74,000 MLS#638558 56.90 Sales Broker/L.P.$73,000 MLS#673315 DOM 26 None per MLS Conv DOM 56 Conv DOM 16 None per MLS None per MLS CD-4/18/07 CD-8/17/07 CD-9/21/07 Average Fee Simple 0 Typical Lot Average Fee Simple 0 Typical Lot Residential 1-Story/Trad Average +/- 7 Yrs Average FHA Average Fee Simple Typical Lot Residential 1-Story/Trad Average +/- 7 Yrs Average $84,000 $78,000 Average Fee Simple Typical Lot Residential 1-Story/Trad Average +/- 7 Yrs Average Average +/- 7 Yrs Average None 3 1269 None Flooring Rpr Central Average 1-Car Garage Average Central Average 1-Car Garage C.Porch None C.Porch C.Porch C.Porch None Fencing Standard Appl None Fencing Standard Appl None Fencing Standard Appls Fencing Standard Appls 5 Residential 1-Story/Trad 2.0 5 0 3 1283 None 2.0 2.0 0 (-1,500) Average Central Average 1-Car Garage (-1,500) +72,500 3 1283 None (-1,500) Average Central Average 1-Car Garage 2.0% 2.0% 5 0 0 (-1,500) (-1,500) (-1,500) 2.0% 2.0% +72,500 2.1% 2.1% +71,500 MLS/County Appraisal District MLS/County Appraisal District None Noted. None Noted. MLS/CAD 10/24/2007 None Noted. None Noted. MLS/CAD 10/24/2007 None Noted. None Noted. MLS/CAD 10/24/2007 6/11/2007 72,496 MLS/CAD 10/24/2007 No sales transactions were uncovered in the past 3 years for the subject property. All sales were considered in the Direct Sales Comparison Approach section of this appraisal with sales one and two given most weight due to the clustering of value. Based on the above comparables used and other comparables analyzed in the subject subdivision, the appraiser could find no evidence that the marketplace would adjust for the minor variances in either location or lot size. No size adjustment was made to comparables within +/- 65 square feet of the subject. All of the sales used were located in the subject neighborhood and were the best resales available. 72,500 72,500 N/A N/A The Direct Sales Comparison Approach was primary in the estimate of the final value conclusion. The Cost Approach was not applicable due to the lack of accurate data available for development of the approach. The Income Approach was deemed not applicable as most homes in the area are owner occupied. NOTE: As-repaired value: $74,000, estimated cost of repair is $1,500. 72,500 10/24/2007 Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 3) for - 09A1052SJ 09A1052SJ NOTE: at the time of inspection, the flooring in the living room and right rear bedroom had been removed. Signs of small mold/mildew like substance was noted on the drywall above the main bathroom tub enclosure. No inspection report was provided regarding this mold/mildew like substance and interested parties should seek appropriate inspections as the appraiser is not qualified in this area of expertise. However, should a professional mold inspection determine the presence of mold issues, the appraiser reserves the right to modify the value of the subject property. N/A N/A N/A N/A 0 The square footage figures derived for the property were calculated from the actual measurements taken at the time of inspection are an ESTIMATE ONLY. This estimate should NOT to be considered accurate for any other purposes. The square footage estimate for the property is not guaranteed or warranted & should not be used for any purpose other than within the context of this specific estimate of value. Estimated remaining economic life: 51 years. N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 4) for - 09A1052SJ 09A1052SJ Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 5) for - 09A1052SJ 09A1052SJ Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 URAR (Page 6) for - 09A1052SJ 09A1052SJ Jeffrey D. Thoms Momentum Appraisal Group, Inc. Eric David Sather, CRA Momentum Appraisal Group, Inc. 12000 Starcrest, Suite 109 12000 Starcrest, Suite 109 San Antonio, Texas 78247 San Antonio, Texas 78247 (800) 577-2947 / (210) 490-9804 (800) 577-2947 / (210) 490-9804 [email protected] [email protected] 10/25/2007 10/25/2007 10/24/2007 TX-1326192-R TX-1329160-L Texas 5/31/2008 Texas 1/31/2008 618 Villa Linda San Antonio, Texas 78228 72,500 10/24/2007 Rachel Pena San Antonio Housing Authority 818 S. Flores, San Antonio, Texas 78204 San Antonio Texas 78204 [email protected] Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 Subject Photo Page - 09A1052S Borrower / Client: Janie Burciaga Property Address: 618 Villa Linda Lender: San Antonio Housing Authority Reference Numbers: Subject Front Subject Rear Subject Street Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 Additional Subject Photo Page - 09A1052S Borrower / Client: Janie Burciaga Property Address: 618 Villa Linda Lender: San Antonio Housing Authority Reference Numbers: Additional Subject Photo 1 View of Living Room Additional Subject Photo 2 View of right rear bedroom Additional Subject Photo 3 View of area above main bathroom Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 Comparable Photo Page - 09A1052S Borrower / Client: Janie Burciaga Property Address: 618 Villa Linda Lender: San Antonio Housing Authority Reference Numbers: Comparable Property #1 466 Precious Dr Comparable Property #2 114 Villa Arboles Comparable Property #3 115 Villa Grande Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 Subject Location / Comparable Sale Map - 09A1052S Borrower / Client: Janie Burciaga Property Address: 618 Villa Linda Lender: San Antonio Housing Authority Reference Numbers: Comparable Map Comparable Sale #1: 466 Precious Dr Comparable Sale #2: 114 Villa Arboles Comparable Sale #3: 115 Villa Grande Comparable Sale #4: Comparable Sale #5: Comparable Sale #6: Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817 SKETCH/AREA TABLE ADDENDUM Case No File No 09A1052S Property Address 618 Villa Linda City San Antonio County Bexar State Texas Zip 78228 Borrower Janie Burciaga Lender/Client L/C Address 818 S. Flores, San Antonio Texas 78204 San Antonio Housing Authority Appraiser Name Eric David Sather, CRA Appr Address 12000 Starcrest, Suite 109 San Antonio, Texas 32.2' Bedroom Main Bedroom Main Bath Bedroom 55.1' 40.1' Bath Utility Living Room Kitchen Dining Area Entry 18.7' 15.0' 1 Car Garage 20.4' C.P. 13.5' Scale: AREA CALCULATIONS SUMMARY Code Description Size GLA1 First Floor Garage 1493.72 -275.40 1 = 16 LIVING AREA BREAKDOWN Totals Breakdown Subtotals First Floor 1218.32 32.2 x 13.5 x 40.1 15.0 1291.22 202.50 13.5 x 20.4 -275.40 Garage TOTAL LIVABLE (rounded) 1218 APEX SOFTWARE 800-858-9958 3 Areas Total (rounded) 1218 Apx7100-w ApexII APPRAISER QUALIFICATIONS AND CERTIFICATION Eric David Sather, CRA - 12000 Starcrest, Suite 109 - San Antonio, Texas 78247 - Phone: (210) 490-9804 - (800) 577-2947 - Fax: (210) 490-9817