Limited Appraisal Analysis - Amazon Simple Storage Service
Main File No. 149001639
Michele DeFilippo
Limited Appraisal Analysis - Summary Appraisal Report File No.
149001639
BORROWER/SUBJECT PROPERTY INFORMATION Borrower RICHARD/BARBARA SHAFFER Census Tract 0906.00 Map Reference 14860 Property Address 166 Pinewood Trl Check one: SF PUD Condo 2-4 Units City Trumbull County FAIRFIELD State CT Zip Code 06611 Phone No. Res. Loan Amount Requested $ 0 Term Mos. Owner's Est. of Value $ 0 UNK Garage/Carport Porches, Patio or No. of Rooms No. of Bedrooms No. of Baths Family room or den Gross Living Area Central Air (specify type & no.) Pool (specify) Yes No Yes No 8 4 2.1 2,058 Sq. Ft. 2 CAR ATT EP
FIELD REPORT NEIGHBORHOOD Location Urban Suburban Rural NEIGHBORHOOD RATING Good Avg. Fair Poor Built Up Over 75% 25% to 75% Under 25% Property Compatibility Growth Rate Fully Dev. Rapid Steady Slow General Appearance of Properties Property Values Increasing Stable Declining Appeal to Market Demand/Supply Shortage In Balance Over Supply Marketing Time Under 3 Mos. 4-6 Mos. Over 6 Mos. Present Land Use 95 % 1 Family % 2-4 Family % Apts. % Condo % Industrial % Vacant % 5 % Commercial Change in Present Land Use Not Likely Likely Taking Place From To Predominant Occupancy Owner Tenant 0 % Vacant Similar Housing Price Range $ 350,000 to $ 450,000 Predominant Value $ 400,000 Similar Housing Age 10 yrs. to 80 yrs. Predominant Age yrs. 45 Note: Race and the racial composition of the neighborhood are not considered to be appraisal factors. Comments including those factors affecting marketability (e.g. public parks, schools, view, noise) SUBJECT NEIGHBORHOOD IS COMPRISED OF SINGLE AND SOME COMMERCIAL INFLUENCE. GENERAL APPEAL OF NEIGHBORHOOD AS COMPARED TO COMPETITIVE NEIGHBORHOODS IN THIS MARKET AREA IS GOOD. NEIGHBORHOOD IS IN CONVENIENT PROXIMITY TO AREA SHOPPING, TRANSPORTATION, SUBJECT PROPERTY Approximate Year Built No. of Units No. of Stories PROPERTY RATING Good Avg Fair Poor 67 1 2 Condition of Exterior Type (detached, duplex, semi-detached, etc.) DETACHED Compatibility to Neighborhood Design (rambler, split, etc.) COLONIAL Appeal and Marketability Exterior Walls Material Roof Material ASPH SHINGLE WD SHINGLE Is the property located in a FEMA Special Flood Hazard Area? No Yes Special Energy Efficient Items NONE NOTED. REMAINING ECONOMIC LIFE = 60 BASED ON A 75 YEAR AGE LIFE METHOD.
Comments (favorable or unfavorable including any deferred maintenance) EXTERIOR INSPECTION.
THE SUBJECT APPEARS TO BE IN AVERAGE CONDITION BASED ON THE
SALES COMPARISON ANALYSIS ITEM
SUBJECT
COMPARABLE NO. 1
COMPARABLE NO. 2
COMPARABLE NO. 3
166 Pinewood Trl 249 Pinewood Trl Address Trumbull, CT 06611 Trumbull, CT 06611 Proximity to Subject 0.32 miles N Days on Market 47 $ $ Sales Price 0 $ Sales Price/Sq. Ft. 0 /Sq. Ft. $ 184.83 /Sq. Ft. Data/Verif. Source(s) PUBLIC RECORDS PUBLIC RECORDS
48 Skyview Dr 344 Booth Hill Rd Trumbull, CT 06611 Trumbull, CT 06611 0.41 miles SE 0.89 miles SE 2 31 $ $ 402,000 407,000 389,900 $ $ 201.88 /Sq. Ft. 207.39 /Sq. Ft. PUBLIC RECORDS PUBLIC RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +( – )$ Adjust. DESCRIPTION +( – )$ Adjust. DESCRIPTION +( – )$ Adjust. Date of Sale/Time N/A 04/21/2015 05/29/2015 06/17/2014 Location AVERAGE AVERAGE AVERAGE AVERAGE Site Size .39 AC .55 AC 1.01 AC -6,200 .30 AC Site View AVERAGE AVERAGE AVERAGE AVERAGE Age 48 36 43 77 Condition AVERAGE AVERAGE AVERAGE SUPERIOR -38,990 Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Room Count 8 4 2.1 8 4 2.1 8 4 2.1 7 3 1.1 6,000 Gross Living Area 2,058 Sq. Ft. 2,175 Sq. Ft. -2,925 2,016 Sq. Ft. 1,050 1,880 Sq. Ft. 4,450 Heating/Cooling ADEQ/NONE ADEQ/NONE ADEQ/NONE ADEQ/NONE Garage/Carport 2 CAR ATT 2 CAR ATT 2 CAR ATT 2 CAR DET Porches, Patio, EP, PATIO WD +3,000 WD, OP WD +3,000 Pools, etc. NONE NONE NONE NONE Special Energy STANDARD STANDARD STANDARD STANDARD Efficient Items FULL/PFINISH FULL/PFINISH FULL/PFINISH FULL/PFINISH Other Feature 1FP 1FP 1FP 1FP POOL INGROUND NONE +7,000 NONE +7,000 NONE +7,000 – $ – $ – $ Net Adj. (total) + + + 7,075 1,850 -18,540 Net: Net: Net: 1.8 % 0.5 % 4.8 % Indicated Value Gross: 3.2 % $ of Subject 409,075 Gross: 3.5 % $ 408,850 Gross: 15.2 % $ 371,360 General Comments GLA ADJ ARE MADE AT $25 PER SF. NO AGE ADJ ARE NECESSARY DUE TO THE AMOUNT OF UPDATING IN EA DWELLING. NO ACREAGE ADJ ARE MADE AS A RESULT OF MARKET STUDY. COMPS OVER THE 6 MONTH GUIDELINE WERE NECESSARY TO ACCURATELY ESTIMATE THE SUBJECT'S MARKET VALUE. I HAVE COMPLETED NO OTHER SERVICES ON THE SUBJECT DURING THE PRIOR THREE YEARS. A REASONABLE EXPOSURE TIME FOR THE SUBJECT IS 6-9 MONTHS. THE CONDITION OF COMPARABLE 3 IS CONSIDERED SUPERIOR WHEN COMPARED TO THE SUBJECT BASED ON INFO IN THE MLS.
Property Rights Appraised
Fee Simple
Leased Fee
Leasehold
Other (describe)
Opinion of Market Value $
400,000
as of
06/04/2015
Signature Date of Report/Signature June 06, 2015 Completed By MICHELE DEFILIPPO Title or Designation CERTIFIED RESIDENTIAL APPRAISER License or Certification # RCR.1435 License or Certification State CT Expires 4/30/2016 Inspection of Subject: None Interior & Exterior Exterior Only Date of Inspection: 06/04/2015 Form 704B — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
Supplemental Addendum Borrower RICHARD/BARBARA SHAFFER Property Address 166 Pinewood Trl City County FAIRFIELD Trumbull Lender NAUGATUCK VALLEY SAVINGS AND LOAN SCOPE OF THE APPRAISAL:
File No. 149001639
State CT
Zip Code 06611
THE EXTENT OF THE APPRAISER'S INVESTIGATION INCLUDED 1) REVIEW OF THE ASSESSMENT RECORD FOR THE SUBJECT PROPERTY; 2) EXTERIOR INSPECTION OF THE PROPERTY IMPROVEMENTS AND INSPECTION OF THE SITE, UNLESS OTHERWISE NOTED ON THIS REPORT. 3) INSPECTION OF THE NEIGHBORHOOD AND ANALYSIS OF REGIONAL CHARACTERISTICS; 4) RESEARCH OF SUBSCRIPTION SALES DATA, PUBLIC RECORDS, AND OTHER PUBLISHED DATA SOURCES AND CURRENT LISTINGS; 5) ANALYSIS OF THE SELECTED COMPARABLE SALES AND LISTING INCLUDING VERIFICATION OF THE REPORTED DATA; 6) CONSIDERATION AND ANALYSIS OF THE HIGHEST AND BEST USE OF THE SUBJECT SITE; 7) CONSIDERATION AND APPLICATION OF THE APPLICABLE APPROACH TO VALUE; 8) FINAL RECONCILIATION OF THE DATA AS TO ARRIVE AT THE ESTIMATED MARKET VALUE. ENVIRONMENTAL CONDITIONS: APPRAISER OBSERVED NO EVIDENCE OF ENVIRONMENTAL HAZARD ON OR NEAR SUBJECT SITE. APPRAISER IS NOT AN ENVIRONMENTAL EXPERT, AND HAS NOT PERFORMED ANY ENVIRONMENTAL TESTING. APPRAISER TAKES NO RESPONSIBILITY NOR LIABILITY FOR THE POTENTIAL PRESENCE OF ANY CONCEALED ADVERSE ENVIRONMENTAL HAZARDS.
"The Intended User of this appraisal report is the Lender/Client. The Intended Use is to evaluate the property that is the subject of this appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal report form, and the Definition of Market Value. No additional Intended Users are identified by the appraiser."
THE SUBJECT PROPERTY HAS NOT BEEN LISTED FOR SALE DURING THE PAST 12 MONTHS. THE SUBJECT HAS NOT TRANSFERRED TITLE DURING THE PRIOR 36 MONTHS. THE COMPARABLES HAVE NOT TRANSFERRED TITLE DURING THE PAST 12 MONTHS.
Form TADD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639 Loan #
USPAP Compliance Addendum Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
File #
State
149001639
CT
Zip Code
06611
APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the following types: Appraisal Report
This report was prepared in accordance with the requirements of the Appraisal Report option of USPAP Standards Rule 2-2(a).
Restricted Appraisal Report
This report was prepared in accordance with the requirements of the Restricted Appraisal Report option of USPAP Standards Rule 2-2(b). The intended user of this report is limited to the identified client. This is a Restricted Appraisal Report and the rationale for how the appraiser arrived at the opinions and conclusions set forth in the report may not be understood properly without the additional information in the appraiser's workfile.
ADDITIONAL CERTIFICATIONS I certify that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct. The report analyses, opinions, and conclusions are limited only by the reported assumptions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. I have no (or the specified) present or prospective interest in the property that is the subject of this report and no (or specified) personal interest with respect to the parties involved. I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. My analyses, opinions, and conclusions were developed and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. This appraisal report was prepared in accordance with the requirements of Title XI of FIRREA and any implementing regulations.
PRIOR SERVICES I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. Those services are described in the comments below.
PROPERTY INSPECTION I have NOT made a personal inspection of the property that is the subject of this report. I HAVE made a personal inspection of the property that is the subject of this report.
APPRAISAL ASSISTANCE Unless otherwise noted, no one provided significant real property appraisal assistance to the person signing this certification. If anyone did provide significant assistance, they are hereby identified along with a summary of the extent of the assistance provided in the report.
ADDITIONAL COMMENTS Additional USPAP related issues requiring disclosure and/or any state mandated requirements:
MARKETING TIME AND EXPOSURE TIME FOR THE SUBJECT PROPERTY A reasonable marketing time for the subject property is day(s) utilizing market conditions pertinent to the appraisal assignment. 180-270 A reasonable exposure time for the subject property is
APPRAISER
day(s).
SUPERVISORY APPRAISER (ONLY IF REQUIRED)
Signature
Signature
Name
MICHELE DEFILIPPO Date of Signature June 06, 2015 State Certification # RCR.1435
Name
or State License #
or State License #
State
Date of Signature State Certification # State
CT
Expiration Date of Certification or License
4/30/2016
Expiration Date of Certification or License Supervisory Appraiser Inspection of Subject Property
Effective Date of Appraisal
06/04/2015
Did Not
Exterior-only from Street
USPAP Compliance Addendum 2014
Interior and Exterior Page 1 of 1
Form ID14EC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
Location Map Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
State CT
Sales Price Gross Living Area
Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Zip Code 06461
Main File No. 149001639
Subject Photo Page Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
State CT
Zip Code 06611
Subject Front 166 Pinewood Trl
Sales Price 0 Gross Living Area 2,058 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 2.1 Location AVERAGE View AVERAGE Site .39 AC Quality Age 48
Subject Front
Subject Street
Form PICPIX.SR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
LICENSE
Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
e&o
Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Michele DeFilippo
Limited Appraisal Analysis - Summary Appraisal Report File No.
149001639
BORROWER/SUBJECT PROPERTY INFORMATION Borrower RICHARD/BARBARA SHAFFER Census Tract 0906.00 Map Reference 14860 Property Address 166 Pinewood Trl Check one: SF PUD Condo 2-4 Units City Trumbull County FAIRFIELD State CT Zip Code 06611 Phone No. Res. Loan Amount Requested $ 0 Term Mos. Owner's Est. of Value $ 0 UNK Garage/Carport Porches, Patio or No. of Rooms No. of Bedrooms No. of Baths Family room or den Gross Living Area Central Air (specify type & no.) Pool (specify) Yes No Yes No 8 4 2.1 2,058 Sq. Ft. 2 CAR ATT EP
FIELD REPORT NEIGHBORHOOD Location Urban Suburban Rural NEIGHBORHOOD RATING Good Avg. Fair Poor Built Up Over 75% 25% to 75% Under 25% Property Compatibility Growth Rate Fully Dev. Rapid Steady Slow General Appearance of Properties Property Values Increasing Stable Declining Appeal to Market Demand/Supply Shortage In Balance Over Supply Marketing Time Under 3 Mos. 4-6 Mos. Over 6 Mos. Present Land Use 95 % 1 Family % 2-4 Family % Apts. % Condo % Industrial % Vacant % 5 % Commercial Change in Present Land Use Not Likely Likely Taking Place From To Predominant Occupancy Owner Tenant 0 % Vacant Similar Housing Price Range $ 350,000 to $ 450,000 Predominant Value $ 400,000 Similar Housing Age 10 yrs. to 80 yrs. Predominant Age yrs. 45 Note: Race and the racial composition of the neighborhood are not considered to be appraisal factors. Comments including those factors affecting marketability (e.g. public parks, schools, view, noise) SUBJECT NEIGHBORHOOD IS COMPRISED OF SINGLE AND SOME COMMERCIAL INFLUENCE. GENERAL APPEAL OF NEIGHBORHOOD AS COMPARED TO COMPETITIVE NEIGHBORHOODS IN THIS MARKET AREA IS GOOD. NEIGHBORHOOD IS IN CONVENIENT PROXIMITY TO AREA SHOPPING, TRANSPORTATION, SUBJECT PROPERTY Approximate Year Built No. of Units No. of Stories PROPERTY RATING Good Avg Fair Poor 67 1 2 Condition of Exterior Type (detached, duplex, semi-detached, etc.) DETACHED Compatibility to Neighborhood Design (rambler, split, etc.) COLONIAL Appeal and Marketability Exterior Walls Material Roof Material ASPH SHINGLE WD SHINGLE Is the property located in a FEMA Special Flood Hazard Area? No Yes Special Energy Efficient Items NONE NOTED. REMAINING ECONOMIC LIFE = 60 BASED ON A 75 YEAR AGE LIFE METHOD.
Comments (favorable or unfavorable including any deferred maintenance) EXTERIOR INSPECTION.
THE SUBJECT APPEARS TO BE IN AVERAGE CONDITION BASED ON THE
SALES COMPARISON ANALYSIS ITEM
SUBJECT
COMPARABLE NO. 1
COMPARABLE NO. 2
COMPARABLE NO. 3
166 Pinewood Trl 249 Pinewood Trl Address Trumbull, CT 06611 Trumbull, CT 06611 Proximity to Subject 0.32 miles N Days on Market 47 $ $ Sales Price 0 $ Sales Price/Sq. Ft. 0 /Sq. Ft. $ 184.83 /Sq. Ft. Data/Verif. Source(s) PUBLIC RECORDS PUBLIC RECORDS
48 Skyview Dr 344 Booth Hill Rd Trumbull, CT 06611 Trumbull, CT 06611 0.41 miles SE 0.89 miles SE 2 31 $ $ 402,000 407,000 389,900 $ $ 201.88 /Sq. Ft. 207.39 /Sq. Ft. PUBLIC RECORDS PUBLIC RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +( – )$ Adjust. DESCRIPTION +( – )$ Adjust. DESCRIPTION +( – )$ Adjust. Date of Sale/Time N/A 04/21/2015 05/29/2015 06/17/2014 Location AVERAGE AVERAGE AVERAGE AVERAGE Site Size .39 AC .55 AC 1.01 AC -6,200 .30 AC Site View AVERAGE AVERAGE AVERAGE AVERAGE Age 48 36 43 77 Condition AVERAGE AVERAGE AVERAGE SUPERIOR -38,990 Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Room Count 8 4 2.1 8 4 2.1 8 4 2.1 7 3 1.1 6,000 Gross Living Area 2,058 Sq. Ft. 2,175 Sq. Ft. -2,925 2,016 Sq. Ft. 1,050 1,880 Sq. Ft. 4,450 Heating/Cooling ADEQ/NONE ADEQ/NONE ADEQ/NONE ADEQ/NONE Garage/Carport 2 CAR ATT 2 CAR ATT 2 CAR ATT 2 CAR DET Porches, Patio, EP, PATIO WD +3,000 WD, OP WD +3,000 Pools, etc. NONE NONE NONE NONE Special Energy STANDARD STANDARD STANDARD STANDARD Efficient Items FULL/PFINISH FULL/PFINISH FULL/PFINISH FULL/PFINISH Other Feature 1FP 1FP 1FP 1FP POOL INGROUND NONE +7,000 NONE +7,000 NONE +7,000 – $ – $ – $ Net Adj. (total) + + + 7,075 1,850 -18,540 Net: Net: Net: 1.8 % 0.5 % 4.8 % Indicated Value Gross: 3.2 % $ of Subject 409,075 Gross: 3.5 % $ 408,850 Gross: 15.2 % $ 371,360 General Comments GLA ADJ ARE MADE AT $25 PER SF. NO AGE ADJ ARE NECESSARY DUE TO THE AMOUNT OF UPDATING IN EA DWELLING. NO ACREAGE ADJ ARE MADE AS A RESULT OF MARKET STUDY. COMPS OVER THE 6 MONTH GUIDELINE WERE NECESSARY TO ACCURATELY ESTIMATE THE SUBJECT'S MARKET VALUE. I HAVE COMPLETED NO OTHER SERVICES ON THE SUBJECT DURING THE PRIOR THREE YEARS. A REASONABLE EXPOSURE TIME FOR THE SUBJECT IS 6-9 MONTHS. THE CONDITION OF COMPARABLE 3 IS CONSIDERED SUPERIOR WHEN COMPARED TO THE SUBJECT BASED ON INFO IN THE MLS.
Property Rights Appraised
Fee Simple
Leased Fee
Leasehold
Other (describe)
Opinion of Market Value $
400,000
as of
06/04/2015
Signature Date of Report/Signature June 06, 2015 Completed By MICHELE DEFILIPPO Title or Designation CERTIFIED RESIDENTIAL APPRAISER License or Certification # RCR.1435 License or Certification State CT Expires 4/30/2016 Inspection of Subject: None Interior & Exterior Exterior Only Date of Inspection: 06/04/2015 Form 704B — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
Supplemental Addendum Borrower RICHARD/BARBARA SHAFFER Property Address 166 Pinewood Trl City County FAIRFIELD Trumbull Lender NAUGATUCK VALLEY SAVINGS AND LOAN SCOPE OF THE APPRAISAL:
File No. 149001639
State CT
Zip Code 06611
THE EXTENT OF THE APPRAISER'S INVESTIGATION INCLUDED 1) REVIEW OF THE ASSESSMENT RECORD FOR THE SUBJECT PROPERTY; 2) EXTERIOR INSPECTION OF THE PROPERTY IMPROVEMENTS AND INSPECTION OF THE SITE, UNLESS OTHERWISE NOTED ON THIS REPORT. 3) INSPECTION OF THE NEIGHBORHOOD AND ANALYSIS OF REGIONAL CHARACTERISTICS; 4) RESEARCH OF SUBSCRIPTION SALES DATA, PUBLIC RECORDS, AND OTHER PUBLISHED DATA SOURCES AND CURRENT LISTINGS; 5) ANALYSIS OF THE SELECTED COMPARABLE SALES AND LISTING INCLUDING VERIFICATION OF THE REPORTED DATA; 6) CONSIDERATION AND ANALYSIS OF THE HIGHEST AND BEST USE OF THE SUBJECT SITE; 7) CONSIDERATION AND APPLICATION OF THE APPLICABLE APPROACH TO VALUE; 8) FINAL RECONCILIATION OF THE DATA AS TO ARRIVE AT THE ESTIMATED MARKET VALUE. ENVIRONMENTAL CONDITIONS: APPRAISER OBSERVED NO EVIDENCE OF ENVIRONMENTAL HAZARD ON OR NEAR SUBJECT SITE. APPRAISER IS NOT AN ENVIRONMENTAL EXPERT, AND HAS NOT PERFORMED ANY ENVIRONMENTAL TESTING. APPRAISER TAKES NO RESPONSIBILITY NOR LIABILITY FOR THE POTENTIAL PRESENCE OF ANY CONCEALED ADVERSE ENVIRONMENTAL HAZARDS.
"The Intended User of this appraisal report is the Lender/Client. The Intended Use is to evaluate the property that is the subject of this appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal report form, and the Definition of Market Value. No additional Intended Users are identified by the appraiser."
THE SUBJECT PROPERTY HAS NOT BEEN LISTED FOR SALE DURING THE PAST 12 MONTHS. THE SUBJECT HAS NOT TRANSFERRED TITLE DURING THE PRIOR 36 MONTHS. THE COMPARABLES HAVE NOT TRANSFERRED TITLE DURING THE PAST 12 MONTHS.
Form TADD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639 Loan #
USPAP Compliance Addendum Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
File #
State
149001639
CT
Zip Code
06611
APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the following types: Appraisal Report
This report was prepared in accordance with the requirements of the Appraisal Report option of USPAP Standards Rule 2-2(a).
Restricted Appraisal Report
This report was prepared in accordance with the requirements of the Restricted Appraisal Report option of USPAP Standards Rule 2-2(b). The intended user of this report is limited to the identified client. This is a Restricted Appraisal Report and the rationale for how the appraiser arrived at the opinions and conclusions set forth in the report may not be understood properly without the additional information in the appraiser's workfile.
ADDITIONAL CERTIFICATIONS I certify that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct. The report analyses, opinions, and conclusions are limited only by the reported assumptions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. I have no (or the specified) present or prospective interest in the property that is the subject of this report and no (or specified) personal interest with respect to the parties involved. I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. My analyses, opinions, and conclusions were developed and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. This appraisal report was prepared in accordance with the requirements of Title XI of FIRREA and any implementing regulations.
PRIOR SERVICES I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. Those services are described in the comments below.
PROPERTY INSPECTION I have NOT made a personal inspection of the property that is the subject of this report. I HAVE made a personal inspection of the property that is the subject of this report.
APPRAISAL ASSISTANCE Unless otherwise noted, no one provided significant real property appraisal assistance to the person signing this certification. If anyone did provide significant assistance, they are hereby identified along with a summary of the extent of the assistance provided in the report.
ADDITIONAL COMMENTS Additional USPAP related issues requiring disclosure and/or any state mandated requirements:
MARKETING TIME AND EXPOSURE TIME FOR THE SUBJECT PROPERTY A reasonable marketing time for the subject property is day(s) utilizing market conditions pertinent to the appraisal assignment. 180-270 A reasonable exposure time for the subject property is
APPRAISER
day(s).
SUPERVISORY APPRAISER (ONLY IF REQUIRED)
Signature
Signature
Name
MICHELE DEFILIPPO Date of Signature June 06, 2015 State Certification # RCR.1435
Name
or State License #
or State License #
State
Date of Signature State Certification # State
CT
Expiration Date of Certification or License
4/30/2016
Expiration Date of Certification or License Supervisory Appraiser Inspection of Subject Property
Effective Date of Appraisal
06/04/2015
Did Not
Exterior-only from Street
USPAP Compliance Addendum 2014
Interior and Exterior Page 1 of 1
Form ID14EC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
Location Map Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
State CT
Sales Price Gross Living Area
Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Zip Code 06461
Main File No. 149001639
Subject Photo Page Borrower Property Address City Lender
RICHARD/BARBARA SHAFFER 166 Pinewood Trl County FAIRFIELD Trumbull NAUGATUCK VALLEY SAVINGS AND LOAN
State CT
Zip Code 06611
Subject Front 166 Pinewood Trl
Sales Price 0 Gross Living Area 2,058 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 2.1 Location AVERAGE View AVERAGE Site .39 AC Quality Age 48
Subject Front
Subject Street
Form PICPIX.SR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
LICENSE
Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
Main File No. 149001639
e&o
Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE
