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