Residential Appraisal Report
230803
File No.
FEATURE
SUBJECT
COMPARABLE SALE NO. 4
COMPARABLE SALE NO. 5
COMPARABLE SALE NO. 6
Address Proximity to Subject Sale Price $ Sale Price/Gross Liv. Area $ 17220 Limberlost Road
4.26 miles NW Three Rivers, MI 49093 56832 Franklin Dr
5.80 miles NW Three Rivers, MI 49093 57184 Gearharts Landing Road
Three Rivers, MI 49093
325,000
375,000
$
$
$
0.00
$ Prior Inspection SWMRIC #22037897 186.89 sq. ft.
$ Assessor's Office SWMRIC #23015600 176.06 sq. ft.
0.00
sq. ft.
$
sq. ft.
Data Source(s) Verification Source(s) VALUE ADJUSTMENTS Sale or Financing Concessions Date of Sale/Time Location Leasehold/Fee Simple Site View Design (Style) Quality of Construction Actual Age Condition Above Grade
DESCRIPTION
DESCRIPTION
DESCRIPTION
DESCRIPTION
+(-) $ Adjustment
+(-) $ Adjustment
+(-) $ Adjustment
Average 49 Average Ranch Residential/Avg 1.42 ac Fee simple Residential/Avg Sold 09/23/2022 Cash;0 ArmsLength
Residential/Avg Sold 06/22/2023 Conv;0 ArmsLength
32,500
Average 43 years Average Traditional Residential/Avg 44850 sf Fee Simple Residential/Avg
5.71 ac Fee simple
-15,000
-30,000
Average 48 Average Ranch Residential/Avg
Total Bdrms.
Baths
Total Bdrms.
Baths
Total Bdrms.
Baths
Total Bdrms.
Baths
8 3
2.5
6 3
3.0
17,600 -5,000
6 3
1.0
15,000
Room Count Gross Living Area
40.00
2,179
1,739
2,130
0
sq. ft.
sq. ft.
sq. ft.
sq. ft.
Deck,FP 2 Car Garage None FWA/CAC Conforms Unfinished 897 sf
1rr1br 1208 sf
1558 sf w/o
-5,000
Basement & Finished Rooms Below Grade Functional Utility Heating/Cooling Energy Efficient Items Garage/Carport Porch/Patio/Deck
-10,000
1rr1ba
-15,000
Fence,2-G Det,Pool Patio,Deck,FP 2 Car Garage None FWA/CAC Conforms
Pole Barn Deck,FP 2 Car Garage None FWA/CAC Conforms
Amenities
None
-25,000
-20,000
Days on market
N/A
1 day
9 days
X
4,900
X
55,000
X
0
-
-
-
Net Adjustment (Total) Adjusted Sale Price of Comparables
+
$
+
$
+
$
32.3 -1.5
22.7 -14.7
0.0 0.0
Net Adj.
%
Net Adj.
%
Net Adj.
%
320,100
320,000
0
Gross Adj.
% $
Gross Adj.
% $
Gross Adj.
% $
See addendum.
Summary of Sales Comparison Approach
Produced using ACI software, 800.234.8727 www.aciweb.com
This form Copyright © 2005-2016 ACI, a First American Company. All Rights Reserved. (gPAR™) General Purpose Appraisal Report 3/2017 GPARSUM_17 03272017
Additional Comparables
C:\Program Files (x86)\ACI32\REPORTS\17220 Limberlost Road.aci
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