15 15 Type your answer... 1 point Refer to the adjustment grid below. Address Sale price...
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15 15 Type your answer... 1 point Refer to the adjustment grid below. Address Sale price Sale price/GLA Days on market Value adjustments Financing Concessions Location Date of sale/time Leasehold/fee simple Site (acres) View Design/appeal 5.00% Subject 123 Main St Comparable 1 456 High St $199.81 334 Comparable 2 789 North Rd $410,000 $212.50 49 $425,000 Comparable 3 468 East Dr $215.91 4 Adjustment Description $475,000 Description assume conv. mortgage or cash now 1200 W. 400 W fee simple 27.00 acres wooded/school 2-story/avg. log construction Description new mortgage no concessions 6 months ago 1500 W. 350 N fee simple 12.00 acres wooded 1-story/avg. wood/brick/avg. Adjustment Description Adjustment contract sale favorable terms new mortgage no concessions A 4 months ago F 4 months ago K 500 N. 150 W 150 S. 50 W fee simple 12.00 acres wooded fee simple 8.00 acres wooded 2-story/avg. 2-story/avg. Construction quality wood/brick/avg. wood/stn./avg. Age $4,000 10 6 B 7 G 9 L Condition average average average average AG room count 8|3|2 7|3|2 932 8|4|3 AG living area $75 2,000 sq. ft. 2,052 sq. ft. C 2,000 sq. ft. H 2,200 sq. ft. M Basement area $10 1,400 sq. ft. 0 sq. ft. D 800 sq. ft. 1,000 sq. ft. N Finished basement $20 0 sq. ft. 0 sq. ft. E 0 sq. ft. J 600 sq. ft. 0 Functional utility average average HVAC GFA/cent. AC Garage/carport 2-car att. garage Porch/patio Fireplaces Fence, pool, etc. average/log GFA/cent. AC 2-car att. garage scr. porch 1 fireplace None GFA/cent. AC 2-car att garage fence, shed, porch 1 fireplace Shed scr. porch 1 fireplace 528-sq.-ft. bam average GFA/cent. AC 2-car att. garage porch 1 fireplace None What is the indicated dollar amount adjustment for age for Comparable 3 (L)? Assume that newer properties are more desirable and the appropriate age adjustment is $4,000 per year. Round your adjustments to the nearest $100. Be sure to include the direction of your adjustment. Type your answer... 15 15 Type your answer... 1 point Refer to the adjustment grid below. Address Sale price Sale price/GLA Days on market Value adjustments Financing Concessions Location Date of sale/time Leasehold/fee simple Site (acres) View Design/appeal 5.00% Subject 123 Main St Comparable 1 456 High St $199.81 334 Comparable 2 789 North Rd $410,000 $212.50 49 $425,000 Comparable 3 468 East Dr $215.91 4 Adjustment Description $475,000 Description assume conv. mortgage or cash now 1200 W. 400 W fee simple 27.00 acres wooded/school 2-story/avg. log construction Description new mortgage no concessions 6 months ago 1500 W. 350 N fee simple 12.00 acres wooded 1-story/avg. wood/brick/avg. Adjustment Description Adjustment contract sale favorable terms new mortgage no concessions A 4 months ago F 4 months ago K 500 N. 150 W 150 S. 50 W fee simple 12.00 acres wooded fee simple 8.00 acres wooded 2-story/avg. 2-story/avg. Construction quality wood/brick/avg. wood/stn./avg. Age $4,000 10 6 B 7 G 9 L Condition average average average average AG room count 8|3|2 7|3|2 932 8|4|3 AG living area $75 2,000 sq. ft. 2,052 sq. ft. C 2,000 sq. ft. H 2,200 sq. ft. M Basement area $10 1,400 sq. ft. 0 sq. ft. D 800 sq. ft. 1,000 sq. ft. N Finished basement $20 0 sq. ft. 0 sq. ft. E 0 sq. ft. J 600 sq. ft. 0 Functional utility average average HVAC GFA/cent. AC Garage/carport 2-car att. garage Porch/patio Fireplaces Fence, pool, etc. average/log GFA/cent. AC 2-car att. garage scr. porch 1 fireplace None GFA/cent. AC 2-car att garage fence, shed, porch 1 fireplace Shed scr. porch 1 fireplace 528-sq.-ft. bam average GFA/cent. AC 2-car att. garage porch 1 fireplace None What is the indicated dollar amount adjustment for age for Comparable 3 (L)? Assume that newer properties are more desirable and the appropriate age adjustment is $4,000 per year. Round your adjustments to the nearest $100. Be sure to include the direction of your adjustment. Type your answer...
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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