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Home My Public Portal About11-0440 Baberice" rMN1 INTERNATIONAL CODE COUNCIL MEMBER Permit No. City of Tybee Island • Planning & Zoning Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.472.5032 • Fax 912.786.9539 Date Requested Owner's Name Date Needed Gen. Contractor - ..�:.� Subcontractor Contact Information Project Address Scope of Work ,w - . , r. Inspector Date of Inspection l \ • (S'(Z Inspection Pass D. Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee Inspection Pass LJ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee City of Z _,ee Island • Community Develop_ ,nt Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 Permit No. /1- 04 /O Date Requested !NTERNAT!ONAL CODE COUNCIL' MEMBER Owner's Name /_44 /1 .-i= -• Date Needed Gen. Contractor ./...14-/ 1.- -.J.1/ Subcontractor Contact Information Project Address Scope of Work J . A: -/ZI )0 ✓ J • Inspector ,- / Inspection /—' J � / kG -7-- lam, G . Ct�c1 Date of Inspection Pass Fay J 1 Fee Inspection i f �� ( N a Pass Fail Fee Inspection Pass ❑ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee 1 C 0II r Oc e S City of ..,Jee Island • Community Develo...ent Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 - Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 MAL MUM% INTERNATIONAL CODE MUNCH MEMBER Permit No. ' L' 0 `4 a Date Requested LI - 3-12. Owner's Name --p) 06 4r' Date Needed Li " 14 - 1 -2- Gen. Contractor CJ-C-,1 r 3 ,.1 r1 Subcontractor (oS(o- SSgq Contact Information Project Address �j Scope of Work 1 P S i C -L.01 -" Q o v : 0 1- 1� 13 i . S C►� Inspector Inspection Date of Inspection �\ o r Pass Fail J Feed IJL)4• ,. kit 7;2'471 417'..--277:1L-C-C:::> • r 14 Inspection a � -f h, q Inspection r (-1_1 Me Lk. Inspection r.ro\ bid Pass Pass Pass r � t -' _ S --1 i Fee Fail: ri Fee \, \/ Fail Fee City oflybee Island • Community Develop.-nt Dept. Inspection Report 403 Butler Ave. • R.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 Wilak seavilk INTERNATIONAL CODE COUNCIL' MEMBER Permit No. Date Requested Date Needed Subcontractor Owner's Name Gen. Contractor Contact Information Project Address /, s ,, a . Scope of Work / /31, ,.JD ila---Iv J Inspector Date of Inspection Inspection ° f -r ,� ! �✓ Pass Inspection Fee ( ) ) Pass ❑ Fail El Fee Inspection Pass ❑ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee TX Result Report P 1 02/13/2012 13:40 Serial N0. CH35228060004 TC: 317596 Destination Start Time Time Prints Result Note Georgia Power 02 -13 13:39 00:00:49 001/001 OK Note MIX: Mixed Original_TX11CAALL:CManual1TX, Original Size gFWD:FForwardMePC: PC -Fax. RLY: Relayy1,HBX: ConfidentDirection. , : BulletinC1SIP rSIPnFax.FIPADR:FIP AAddress Fax. I -FAX: Internet Fax Result OK: Communication OK, S -OK: Stop Communication, PW -OFF: Power Switch OFF, TEL: RX from TEL, NG: Other Error, Cont: Continue, No Ans: No Answer, Refuse: Receipt Refused, Busy: Busy, M- Full:Memory Full, LOUR:Receiuing length Ouer, POWER:Receiving page Ouer, FIL:File Error, DC:Decode Error, MDN:MDN Response Error, DSN:DSN Response Error. RELEASES FOR ELECTRIC SERVICE FROM TYBEE ISLAr i FOR . FAX TO: Lynn Brennan 9-1,1:=9:45,37 4 Phone 912 - @or9:o. `po aye r ..a. c. !o -. 4„. ,_ii... 0 6 -2•SPo S' 0„,-.4, 3.,e- z6�s -- u ..' . - - " • Location Address: 1 3 j __ S_J Lot # Release Date: Type of Release: Temporary ./Permanent Subd Name: Electrician: Qwn¢rBuilder: Electrician Phone Number: Z■S; _$sr -A7 Phone Number: GSl6 -S� £+J� Location Address: Type of Release: Temporary Permanent Subd Name: Electrician: Lot # Release hate: Electrician Phone Number: Own¢rBuild¢r: Phone Number: Location Address: Type of Release: Temporary Permanent Subd Name: Electrician: Lot # Release Date: Ovv,t¢rBuilder: Electrician Phone Number: Phone Number: TX Result Report P 1 02/08/2012 12:51 Serial N0. CM35228060004 TC: 316146 Destination Start Time Time Prints Result Note Georgia Power 02 -08 12:50 00:00:49 001 /001 OK Note TMR: Timer TX. POL: Polling ORG: Original Size Setting FME: Frame Erase TX. MIX: Mixed Original TX. CALL: Manual TX. CSRC: CSRC. FWD: Forward. PC: PC -Fax. BND: Double -Sided Binding Direction. SP: Special original. FCODE: F -code. RTX: Re -TX. RLY: Relay. MBX: Confidential. BUL: Bulletin. SIP: SIP Fax. IPADR: IP Address Fax. I -FAX: Internet Fax Result OK: Communication OK, S -OK: Stop Communication, PW -OFF: Power Switch OFF, TEL: RX from TEL, NG: Other Error, Cont: Continue, No Ans: No Answer, Refuse: Receipt Refused, Busy: Busy, M- Full:Memory Full, LOUR:Receiving length Over, POVER:Receiving page Over, FIL:File Error, DC:Decode Error, MDN:MDN Response Error, DSN:DSN Response Error. RELEASES FOR ELECTRIC SERVICE FROM TYBEE ISLAND FOR D� � :z - I 1 _ FAX TO: Lynn Brennan 9-1=2=94.45-37 Phone 912 - ��l�eor4:a.'Pou.trT 3oce- Zte4lSe 03 6_ZWoS C 3c_ 2 62S dor J")a-+' .. Location Address: 1 3 j -_ Lot # Release Date: "Type of Release: Temporary ,/Permanent Subd Name: Electrician: C/ -�� r� /Qg /3„ 9wner/Builder: Electrician Phone Number: 1i5� -*5.3:;16' Phone Number: GSG Location Address: Type of Release: Temporary Permanent Subd Name: Electrician: Lot # Release Date: Electrician Phone Number: Owner /Builder: Phone Number: Location Address: Type of Release: Temporary Permanent Snbd Name: Electrician: Lot # Release Date: Owner/Ba.ilder: Electrician Phone Number: Phone Number: oZ -(3 -12 reser,A a4 Cfah4ra.04-0 cs ce tJesf RELEASES FOR ELECTRIC SERVICE FROM TYBEE ISLAND FOR . FAX TO: Lynn Brennan X37 Phone 912 ;/� ��org;a'i�ouer' 3o(o•Zlo�ib Soh -28or / -04�fy 00. -+41 30$- 2 co./S- U Milt" "5n gv4Avin Location Address: l3 % S- U) Lot # Release Date: 5`/-1--- Type of Release: Temporary Permanent Subd Name: Electrician: L1 /5 l>/,..LeS iii Electrician Phone Number: 4,S-4 -s4 Owner/Builder: 3,97-4-47 1,7.00, i Phone Number: Gs -6 -S3 Location Address: Lot # Release Date: Type of Release: Temporary Permanent Subd Name: Electrician: Owner/Builder: Electrician Phone Number: Phone Number: Location Address: Lot # Release Date: Type of Release: Temporary Permanent Subd Name: Electrician: Owner/Builder: Electrician Phone Number: Phone Number: City or._ Jee Island • Community Develot._ ent Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 Fax 912.786.9539 maim INTERNATIONAL CODECOUNCIL' MEMBER Permit No. Date Requested Owner's Name Date Needed Gen. Contractor Subcontractor Contact Information Project Address Scope of Work Inspector Date of Inspection -‘1.../Z c" / /1 Inspection Pass E Fail Li Fee Inspection = Pass Fa Fee 1 w J ] 3 , 4 Inspection Pass n Fail Fee f t' Inspection Pass ❑ Fail ❑ Fee Permit No. City of'. „oee Island • Community Develop ..ent Dept. Inspection Report 403 Butler Ave. • P.Q. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 11-0L-1-140 Date Requested (O 1! ( 1 Owner's Name ,JCS - %s Date Needed � - g Gen. Contractor rJ cif' rd.. -� ( J�-►r C� Subcontractor V Contact Information Project Address Scope of Work Inspector Inspection car SWIM INTERNATIONAL CODE COUNCIL MEMBER r. Date of Inspection Pass El C ,3(.14.),L) T V1r In 7757-0 ‘7 Fail Inspection $ r' S U 164: Q r"N Pass Fail El Fe Inspection Pass ❑ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee City of vee Island • Community Develop..ent Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 ■!m 1111111mse INTERNATIONAL CODE COUNCIL MEMBER Permit No. I 1" 0 4 0 Date Requested 1 C s I- 1 1 Owner's Name ---e)a be r Date Needed 1 0— 10- 1 Gen. Contractor- rriP) f ,:.)b/h Co /S. Subcontractor Contact Information r lio 5(0— _ 5 o `f Project Address I v 04,/t C k U 1 <_? r r, Scope of Work ;-' e ,r, 9 r1 Inspector Inspection 1-1 0 e . rd. Pass f. 11 ! Date of Inspection o Inspection ,_� (D1,31'‘ P_ \e c. Pass ss Fee Fee Inspection Pass ❑ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee Permit No. City of 1,..ee Island • Community Develop.__.;nt Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 - Fax 912.786.9539 Hoo Date Requested Owner's Name ?Do 6-e < Date Needed Gen. Contractor 1 O.T ry r w ^ L-1 Subcontractor 1 Contact Information Project Address Scope of Work I0 -4 -1( 10-5 -iE =C: INTERNATIONAL CODE COUNCIL` MEMBER Inspector %/ Date of,Ins ection. ( �• -i,P�� Inspection r e ■S c_ ,1003k ��I Pass --Fail Fee r� (0 5 L — 5s 13 TS. Ck v Inspection r oJsk e .69 \eg. Pass D 40. mil K C :i3 ///427//)._-_,.),------.47,4-7/7/ a 5 1J /45_<),-/ Fail ,: (1a.lr Inspection Pass El Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee City of '► Jee Island • Community Develop_ int Dept. Inspection Report 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 Phone 912.786.4573 ext. 114 • Fax 912.786.9539 Permit No. I I D o iirp Owner's Name -"-PJCt Date Needed Date Requested Gen. Contractorles-r 3rO0��Cz , Subcontractor Contact Information 181/4) 1on Project Address I 3 TS l lk e r 1 Scope of Work re_ in fo Va : I 0 i'i Inspector Inspection T.., :Jr ✓v d ;2, i 0 -4, INTERNATIONAL CODE COUNCIL' MEMBER e r -PI tiN,1 . ( - 1ggf Date of Inspection i'D ?Ill/v110:c1 Pass i Inspection Pass ("f Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee DATE ISSUED: 08 -5 -2011 WORK DESCRIPTION WORK LOCATION OWNER NAME ADDRESS CITY, ST, ZIP PHONE NUMBER CONTRACTOR NAME ADDRESS CITY STATE ZIP FLOOD ZONE BUILDING VALUATION SQUARE FOOTAGE OCCUPANCY TYPE TOTAL FEES CHARGED PROPERTY IDENTIFICATION # PROJECT VALUATION CITY OF TYBEE ISLAND BUILDING PERMIT RENOVATION 13 CHU TERRACE BETTY BABER PO BOX 518 TYBEE ISLAND GA 31328 -0518 478 - 957 -1276 BARRY A BROWN CONSTRUCTION CO PO BOX 2618 TYBEE ISLAND GA 31328 P $ 337.00 $36,500.00 PERMIT #: 110440 TOTAL BALANCE DUE: $ 337.00 It is understood that if this permit is granted the builder will at all times comply with the zoning, subdivision, flood control, building, fire, soil and sedimentation, wetlands, marshlands protection and shore protection ordinances and codes whether local, state or federal, including all environmental laws and regulations when applicable, subsequent owners should be informed that any alterations to the property must be approved by the issuance of another building permit. Permit holder agrees to hold the City of Tybee Island harmless on any construction covered by this permit. This permit must be posted in a conspicuous location in the front of building and protected from the weather. If this permit is not posted work will be stopped. The building contractor will replace curb paving and gutter broken during construction. This permit will be voided unless work has begun within six months of the date of issuance. Signature of Building Inspector or Authorized Agent: P. 0. Box 2749 - 403 Butler Avenue, Tybee Island, Georgia 31328 (912) 786 -4573 - FAX (912) 786 -9539 www.cityoftybee.org --041-40 S. CA. Le Location: CITY OF TYBEE ISLAND, GEOkd1A APPLICATION FOR BUILDING PERMIT NAME ADDRESS PIN # TELEPHONE Owner j� e ffQ I? 14 BABE' z s o a Y /4 w-ru c ocr /<, Pie-c, ' ifri /re an., A4. 3/ 2.16 /-41'7,P1 757'., 5'i Architect or Engineer %'' ' it/ A / Building Contractor EA R ter to, geo , e ti,,. „:4 .,,.,.e. t, .._. 2'' Pte - /'a.t r sr 77/ /3er. Z 64 d .--9iA rien,-7,14 GSA.-- 5'1” (Check all that apply) 2 Repair Renovation ❑ Minor Addition ❑ Substantial Addition ❑ Other 2t Residential Single Family ❑ Duplex U Multi- Family H Commercial Details of Project: ,p pj 4 PIA iy ❑ Footprint Changes (4)1,7p ❑ Discovery [] Demolition sraztiizif. Estimated Cost of Construction: ffr t 77;47 pi - , (Enter appropriate (4) Masonry (5) Steel & Masonry Construction Type Wood Frame (2) Wood & Masonry (3) Brick Veneer Proposed use: S ,' A/1 I r Remarks: i 00 vo cnumber) `I2 �2✓ ( (6) Other (please specify) r'. /ed:4"i�� A.14.50 /r n o .Et. 4 ATTACH A COPY OF THE CERTIFIED ELEVATION SURVEY OF LOT and complete the following information based on the construction drawings and site plan: # Units Lot Area # Off - street parking spaces Trees located & listed on site plan Access: Driveway (fi.) Setbacks: Front # Bedrooms # Bathrooms Living space (total sq. ft.) With culvert? Rear With swale? Sides (L) (R) # Stories Height Vertical distance measured from the average adjacent grade of the building to the extreme high point of the building, exclusive of chimneys, heating units, ventilation ducts, air conditioning units, elevators, and similar appurtances. During construction: On -site restroom facilities will be provided through ax On -site waste and debris containers will be provided by kid s4- W l.-Y Construction debris will be disposed by la /14/ by means of 1:)L,, ,h pS%M, I understand that I must comply with zoning, flood damage control, building, fire, shore protections and wetlands ordinances, FEMA regulations and all applicable codes and regulations. I understand that the lot must be staked out and that the stakes will be inspected to ensure that the setback requirements are met. I understand also that a certified plot plan showing elevation must be attached to this application and that an as -built elevation certification is due as soon as the habitable floor level is established. Drainage: I realize that I must ensure the adequacy of drainage of this property so that surrounding property is in no way adversely affected. 1 accept responsibility for any corrective action that may be necessary to restore drainage impaired by this permitted construction. Date: 0 11 Signature of Applicant: J Note: A permit normally takes 7 to l0 days to process. The following is to be completed by City personnel: Zoning certification Approved rezoning /variance? Street address and number: New Is it in compliance with City map? If not, has street name and /or number been reported to MPC? FEMA Certification attached State Energy Code Affidavit attached Utilities and Public Works: Describe any unusual finding(s) NFIP Flood Zone Existing Access to building site Distance to water main tap site Distance to sewer stub site Water meter size Storm drainage Approvals: Zoning Administrator Code Enforcement Officer Water /Sewer Storm /Drainage Inspections City Manager Signature Date FEES 2Z3 Io'i Permit Inspections Water Tap Sewer Stub Aid to Const. TOTAL 331 LEAD -BASED PAINT Adapted from http: / /www.eoa.gov /lead /pubs /renovation.htm. Please use that site to access the following information. Information for Property Owners of Rental Housing, Child- Occupied Facilities Property owners who renovate, repair, or prepare surfaces for painting in pre -1978 rental housing or space rented by child -care facilities must, before beginning work, provide tenants with a copy of EPA's lead hazard information pamphlet Renovate Right: Important Lead Hazard Information for Families Child Care Providers, and Schools. Owners of these rental properties must document compliance with this requirement. EPA's sample pre- renovation disclosure form may be used for this purpose. After April 22, 2010, property owners who perform these projects in pre -1978 rental housing or space rented by child -care facilities must be certified and follow the lead -safe work practices required by EPA's Renovation, Repair and Remodeling rule. To become certified, property owners must submit an application for firm certification and fee payment to EPA. The Agency has up to 90 days after receiving a complete request for certification to approve or disapprove the application. Property owners who perform renovation, repairs, and painting jobs in rental property should. also: • Take training to learn how to perform lead -safe work practices. Learn the lead laws that apply regarding certification and lead -safe work practices beginning in April 2010. Keep records to demonstrate that you and your workers have been trained in lead -safe work practices and that you followed leE safe work practices on the job. To make recordkeeping easier, you may use the sample recordkeepinq checklist that EPA t developed to help contractors comply with the renovation recordkeeping requirements that took effect April 2010. Read about how to comply with EPA's rule in the EPA Small Entity Compliance Guide to Renovate Right. Read about how to use lead -safe work practices in EPA's Steps to Lead Safe Renovation, Repair and Painting. Information for Homeowners Working at Home If you are a homeowner performing renovation, repair, or painting work in your own home, EPA's RRP rule does not cover your proje However, you have the ultimate responsibility for the safety of your family or children in your care. If you are living in a pre -1978 hoi and planning to do painting or repairs, please read a copy of EPA's Renovate Right: Important Lead Hazard Information for Families, CI Care Providers, and Schools lead hazard information pamphlet. You may also want to call the National Lead Information Center at 1 -8( 424 -LEAD (5323) and ask for more information on how to work safely in a home with lead -based paint. Information for Tenants and Families of Children under Age 6 in Child Care Facilities and Schools As a tenant or a parent or guardian of children in a child care facility or school, you should know your rights when a renovation jot performed in your home, or in the child care facility or school that your child attends. • Before starting a renovation in residential buildings built before 1978, the contractor or property owner is required to have tena sign a pre- renovation disclosure form, which indicates that the tenant received the Renovate Right lead hazard informat pamphlet. • Beginning in December 2008, the contractor must also make renovation information available to the parents or guardians children under age six that attend child care facilities and schools, and to provide to owners and administrators of pre -1978 cI care facilities and schools to be renovated a copy of EPA's Renovate Right: Important Lead Hazard Information for Families, Cl Care Providers, and Schools lead hazard information pamphlet. Information for Contractors As a contractor, you play an important role in helping to prevent lead exposure. Ordinary renovation and maintenance activities can cre dust that contains lead. By following the lead -safe work practices, you can prevent lead hazards. Contractors who perform renovati repairs, and painting jobs in pre -1978 housing and child- occupied facilities must, before beginning work, provide owners, tenants, child -care facilities with a copy of EPA's lead hazard information pamphlet Renovate Right: Important Lead Hazard Information for Famil Child Care Providers, and Schools. Contractors must document compliance with this requirement. EPA's pre- renovation disclosure form n be used for this purpose. Understand that after April 22, 2010, federal law will require you to be certified and to use lead -safe w practices. To become certified, renovation contractors must submit an application and fee payment to EPA. See: Application for f certification. The Agency has up to 90 days after receiving a complete request for certification to approve or disapprove the application. Contractors who perform renovation, repairs, and painting jobs should also: • Take training to learn how to perform lead -safe work practices. • Find a training provider that has been accredited by EPA to provide training for renovators under EPA's Renovation, Rep and Painting (RRP) Program. Please note that if you previously completed an eligible renovation training course you r take the 4 -hour refresher course instead of the 8 -hour initial course from an accredited training provider to becom certified renovator. Click here for a list of eligible courses. • Provide a copy of your EPA or state lead training certificate to your client. • Tell your client what lead -safe methods you will use to perform the job. • Learn the lead laws that apply to you regarding certification and lead -safe work practices beginning in April 2010. • Ask your client to share the results of any previously conducted lead tests. • Provide your client with references from at least three recent jobs involving homes built before 1978. • Keep records to demonstrate that you and your workers have been trained in lead -safe work practices and that you followed le safe work practices on the job. To make recordkeeping easier, you may use the sample recordkeeping checklist that EPA developed to help contractors comply with the renovation recordkeeping requirements. • Read about how to comply with EPA's rule in the EPA Small Entity Compliance Guide to Renovate Right. Read about how to use lead -safe work practices in EPA's Steps to Lead Safe Renovation, Repair and Painting. FYOU'RE OT EAD - SAEE(ERTIFIED, ISTURBING JUST SIX SQUARE FEET COULD COST YOU IG TIM . �C �' ,KO sr. i✓ Printed N Date DEM. a NATURAL pfSOURCB Permit Acknowledgement of Asbestos /Environmental Notification to Georgia EPD for Projects Involving Demolition, Wrecking, or Renovation The undersigned hereby acknowledges that the issuance of this permit does not in any way grant permission to the owner, owner's representative, or permit holder to proceed with demolition, wrecking, or renovation of a structure prior to the filing of any required ten (10) day "Project Notification for Asbestos Renovation Encapsulation or Demolition" form in accordance with the Georgia Asbestos Rules. The Georgia Environmental Protection Division administers the rules. In most cases, the rules require both the owner and the involved contractors to assure the portion of the building involved in the project is thoroughly inspected by an Accredited Asbestos Inspector for materials that contain asbestos; and the removal of the asbestos before renovation, wrecking, or demolition begins almost without exemption. Georgia EPD requires a completed demolition notification from be submitted 10 workings days in advance even if no asbestos is present in the building. Further guidance for regulatory compliance and contact telephone numbers are provided by the brochures entitled Asbestos & Renovation and Asbestos and Demolition. Other environmental issues such as asbestos removal techniques, lead abatement, ground contamination, or unusual site conditions may have EPD regulations that could affect the project. Under v--4-L ied 8- y -20 /r Date Office Use Only: Project Address: Permit Number: .9 !� 1"J l Page #1I APPRAISAL OF REAL PROPERTY LOCATED AT: 13 T S CHU TERRACE PART OF LOTS 3 & 4, SUB BEACH LOT 104, WARD 5. TYBEE ISLAND TYBEE ISLAND, GA 31328 FOR: 13 T.S. CHUE TERRACE TYBEE ISLAND, GA 31328 AS OF: JUNE 2, 2011 BY: JOHN J GANEM JOHNNIE GANEM APPRAISAL COMPANY BY: Johnnie Ganem Appraisal Company Form GA2 —' WinTOTAL' appraisal software by a la mode, inc. — 1-800-ALAMODE JOHNNIE GAN EM APPRAISAL COMPANY 340 EISENHOWER DRIVE BUILDING 800 SAVANNAH GA 31406 912 -354 -8363 Re: Property: 13 T S CHU TERRACE TYBEE ISLAND, GA 31328 Borrower: DEBORAH BABER & RAYNETTE EVANS File No.: 034541106 In accordance with your request, we have appraised the above referenced property. The report of that appraisal is attached. The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, as improved, in unencumbered fee simple title of ownership. This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value conclusions reported are as of the effective date stated in the body of the report and contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional service to you. Summary Appraisal Report Jotmrde Ganem Appraisal Company Uniform Residential Appraisal Page #2) The purpose of this summary appraisal report is to provide the lender /client Vii an accurate, and adequately supported, opinion of the market vane of the subject property. Property Address 13 T S CHIJ TERRACE City TYBEE ISLAND State GA bp Code 31328 Borrower DEBORAH BABER & RAYNETTE EVANS Owner of Public Record DEBORAH BABER & EVANS, RAY County CHATHAM Legal Description PART OF LOTS 3 & 4, SUB BEACH LOT 104, WARD 5, TYBEE ISLAND Assessor's Parcel # 4 -9-4 -6 Tax Year 2010 (T.V.$377,100) R.E. Taxes $ 4,390/EST. I-- Neiihborhood Name TYBEE ISLAND Map Reference 50 Census Tract 0111.03 w Occupant ❑ Owner ❑ Tenant ❑ Vacard Special Assessments $ N/A ❑ PUD HOA $ N/A riper year _ per month c Property Rights praised 0 Fee Si r e ❑ Leasehold ❑ Other describe ' Assignment Type Purchase Transaction ❑ Refinance Transaction ❑ Other (describe) MARKET ANALYSIS Lender. /Client Address Is the subject property currently offered for sale or has it been offered for sale in the twelve months prig to the effective date of this appraisal? a Yes '-' No Report data source(s) used, offering price(s), and date(s). MLS, DAILY AND PUBLIC RECORDS. THE SUBJECT PROPERTY IS NOT CURRENTLY LISTED WITH THE LOCAL MLS SYSYEM. I n did 0 did not analyze the contract fa sale fa the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not performed. N/A ti Contract Price $ N/A Date of Contract N/A Is the property seller the own of public record? ❑ Yes ❑ No Data Source(s) z Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? ❑ Yes ❑ No o If Yes, report the total dollar amount and describe the items to be paid. N/A Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics One -Unit Housing Trends One -Unit Housing Presort Land Use % Location 11 Urban 0 Suburban ❑ Rural Property Values ❑ Increasing ;- Stable ❑ Declining PRICE AGE One -Unit 70 % o Built -Up 0 Over 75% ❑ 25 -75% [ Under 25% Demand /Supply ❑ Shortage 0 In Balance ❑ Over Supply $ (000) (yrs) 2 -4 Unit 10 % o Growth ❑ Rapid 0 Stable ❑ Slow Marketing Time ❑ Under 3 mtlhs 0 3 -6 mths ❑ Over 6 inns 200 Low NEW Multi- Family % a Neighborhood Boundaries THE NEIGHBORHOOD BOUNDARIES ARE THE GEOGRAPHICAL 500 high 100 Commercial 10 % °m BOUNDARIES OF TYBEE ISLAND. 400 Pied. 20 Other 10 % Neighborhood Description THE SUBJECT IS LOCATED ON TYBEE ISLAND, THE MOST EASTERNMOST ISLAND IN CHATHAM COUNTY. TYBEE NI IS A 15 MINUTE DRIVE TO DOWNTOWN SAVANNAH. THIS OCEANSIDE COMMUNITY HAS 3,500 YEAR ROUND RESIDENTS, BUT IN THE SEASON, SWELLS TO OVER 10,000 RESIDENTS. ALL SERVICES ARE PROVIDED AND POLICE AND FIRE PROTECTION IS ADEQUATE. Market Conditions (including support fa the above conclusions) NO ABNORMAL MARKETING EXIST IN THE AREA. THE DEMAND FOR HOUSING IN THE AREA IS GOOD. NO UNUSUAL SALES CONCESSIONS APPEAR TO BE NECESSARY. Dimensions 50' X 70' Area 3,500 Sq.Ft. Shape RECTANGULAR View NEIGHBORHOOD Specific Zoning ClassificationC -1 Zoning Description BUSINESS COMMERCIAL Zoning Compliance 0 Legal ❑ Legal Nonconforming (Grandfathered Use) ❑ No Zoning ❑ Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? 0 Yes ❑ No If No, describe Utilities Pudic Other(desuibe) Public Other( describe) Off-siteImprovements - Type Public Private Electricity 0 ❑ Water 0 ❑ Street PAVED ASPHALT 0 ❑ 9 Gas ❑ 0 PROPANE Sanitary Sewer 0 ❑ Alley NONE [1 ❑ FEMA Special Rood Hazard Area ❑ Von ❑ No FEMA Flood Zone A -8 FEMA Map # 13051C0326F FEMA Map Date 9/26/2008 Are the utilities and off-site improvements typical for the market area? ❑ Yes r] No If No, describe Are there any adverse site conditions a extemal factors (easerhents, encroachments, environmental conditions, land uses, etc.)? ❑ Yes 0 No t Yes, describe NO APPARENT ADVERSE EASEMENTS OR ENCROACHMENTS WERE NOTED THAT SHOULD AFFECT MARKET VALUE. THE SUBJECT IS IDENTIFIED AS BEING IN A FLOOD AREA, (ZONE A -8) SUBJECT TO SURVEY. General Description Foundation Exterior Description rtmD9dd,5 /condition Interior materials/condition Units ❑ One ❑ One with Accessory Unit j Concrete Slab I I; Crawl Space Foundation Walls MASONRY /AVG Floors HW,CPT,VYUAVG # of Stories 2 n Full Basement ❑ Partial Basement Exenor Walls FRAME /AVG Walls DRYWALUAVG Type ❑ Det ❑ Att. ❑ S -IJet. /6x1 Unit Basement Area N/A sq.tt. Roof Surface SHINGLES /AVG TrinWRrdsh WOOD /AVG 0 Existing 0 Proposed ❑ Under Const. Basement Finish N/A % Guters & Downspouts DIVERTERS /AVG Bath Floor VYL /AVG Design (Style) 2STY/DET /AVG ❑ Outside Enhy /Exit ❑ Sump Pump Window Type D /H /AUAVG Bath Wainscot FRBGLS /AVG Year Built 1976 Evidence of ❑ Infestation Storm Sash/Insulated TYPICAL ar Store, a None Effective Age (Yrs) 18 ❑ Danwress ❑ Settlement Screens SCREENS /AVG e/ Driveway # of Cars 2 Attic j I None Heating -) FWA ii HWBB li [Rabat Amenities I 1 Woodstove(s) # Dneeway Surface CONCRETE [Y] Drop Stair f Stairs n Other Fuel ELECT i ❑ Rreplace(s) # ❑ Fence ❑ Garage # of Cars Floor ❑ Scuttle Cooling [9 Central Air Conditioning ❑ Pato/Deck n Porch ❑ Carport # of Cars w n finished ❑ Heafed kidividual 1, 1 Other ❑ P001 ❑ Other ] Att. ❑ Det ❑ Bultt-in w Appliances 0 Refrigerate 0 Range/Oven 0 Dishwasher ❑ Disposal 0 Microwave n Washer/Dryer 11 Other (describe) w Finished area above grade contains: 8 Rooms 4 Bedrooms 2 Bath(s 2,233 Square Feet of Gross Livi • Area Above Grade o Additional featres [special enemy efficient items, etc.). ORIGINAL TYBEE COTTAGE WITH THE HEART PINE FLOORS, TONGUE AND GROOVE BEAD a BOARD CEILINGS AND WALLS. SEVERAL DECKS ON THE HOUSE AND EXTERIOR WALKWAY. ? Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). THERE WAS NO FUNCTIONAL OR EXTERNAL OBSOLESENCE TO BE CONSIDERED. THE SUBJECT IS EXISTING CONSTRUCTION AND IS IN AVERAGE TO GOOD CONDITION. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? ❑ Yes ,k❑ No 11 Yes, describe Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? ❑ Yes ❑ No if No, describe Freddie Mac Form 70 March 2005 Page 1 of 6 Form 1004 — "WinTOTAL" appraisal software by a fa mode, inc. —1- 800- ALAMODE Fannie Mae Form 1004 March 2005 ' Pane #3) Uniform Residential A There are comparable properties currently offered for sale in the subject neighborhood ranging in price from $ to $ There are comparable sales in tie subject neighborhood :whin the past twelve months ranging in sale price from $ to $ FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 13 T S CHU TERRACE TYBEE ISLAND, GA 31328 16 10TH STREET TYBEE ISLAND, 31328 10 7TH TERRACE TYBEE ISLAND, GA 31328 14 10TH TERRACE TYBEE ISLAND, 31328 Proximity to Subject 0.78 miles N 1.04 miles N 0.74 miles N Sale Price $ N/A $ 445,000 $ 402,000 $ 276,500 Sale Price/Gross Liv. Area $ sq.ft. $ 212.31 sq.ft. $ 224.58 sq.ft . $ 230.42 sq.ft. Data Source(s) MLS,LENDER,APPRAISER MLS,LENDER,APPRAISER MLS,LENDER,APPRAISER DATA, PUBLIC RECORDS Verification Soirce(s) DATA PUBLIC RECORDS DATA PUBLIC RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +( -) $ Adjustment DESCRIPTION +( -) $ Adjustment DESCRIPTION +( -) 6 Adjustment Sales or Financing Concessions CONVENTNL LN DOM- 3 CONVENTNL LN DOM- 2007 CONVENTNL LN DOM- 636 Date of Sale/Time 5/23/2011 7/30/2010 6/10/11 Location TYBEE ISLAND TYBEE ISLAND TYBEE ISLAND TYBEE ISLAND i Leasehold /Fee Simple FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Ste 3,500 Sq.Ft. 4,200 SF 7,288 SF 4,810 SF /SIM View BEACHSIDE BEACHSIDE BEACHSIDE BEACHSIDE Design (Style) 2STY/DET /AVG 2 STY /DET /GD 2 STY/DET /GD 2 STY /DET /AG Quality of Construction FRAME/AVG FRAME/AVG FRAME/AVG FRAME/AVG Actual Age 1930 1930/RNVD'05 1978 1976 Condition AVG TO GOOD GOOD - 44,500 AVG TO GOOD AVG TO GOOD Above Grade Room Count Gross Living Area Total Bums. Baths Total BIns. Baths Total Berns. Bats Tod Bdms. Baths 1 8 4 2 8 5 3.1 -7,500 6 I 3 2 -2,500 5 2 2 -2,500 2,233 sq.ft. 2,096 sq.ft. +3,430 1,790 sq.ft. +11,080 1,200 sq.ft. +25,830 Basement &finished Roams Below Grade NONE NONE NONE DAYLIGHT BSM -5,000 NONE NONE NONE NONE z Functional Utility AVERAGE AVERAGE AVERAGE AVERAGE Heating/Cooling FWNCAC FWNCAC FWA/CAC FWNCAC ixu Ener, Efficient Items STANDARD STANDARD STANDARD STANDARD it Garage/Carport 2 OFF STREET 3GAR/3OFF ST - 20,000 4 OFF STREET - 10,000 2 OFF STREET Z Porch/Patio/Deck ENTRY,DECK FRNT PORCH COV'D ENTRY SCRN POR 2 KITCHEN,ETC. RO,DW,FH,DS RO,DW,FH,DS RO,DW,FH DS RO,DW,FH,DS a FIREPLACE FENCE,ETC NONE NONE NONE NONE a DECK DECK SCRN PORCH NONE +2,500 o Net Adjustment (Total) ❑ + E - $ - 73,570 ❑ + $ 1,420 Q + ❑ - $ 25,830 Adjusted Sale Price a of Comparables Net Adj. 16.5 % Gross Adj. 18.1 % $ 371,430 Net Adj. 0.4 % Gross Adj. 5.9 % 6 400,580 Net Adj. 9.3 % Gross Adj. 11.2% $ 302,330 m I did ❑ did not research the sale or transfer history of the subject property and comparable sales. If not, explain My research ❑ did 0 did not reveal any prior sales or transfers of the subject property tor the three years prior to the effective date of this appraisal. Data Source(s) MLS, DAILY AND PUBLIC RECORDS. My research ❑ did 0 did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Source(s) MLS, DAILY AND PUBLIC RECORDS. Report the resutts of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (repot additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transto NO SALE WITHIN 10/01 /10 NO SALE WITHIN NO SALE WITHIN Price of Prior Sale/Transfer LAST 36 MONTHS $418,000 PRIOR YEAR PRIOR YEAR Data Source(s) PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS Effective Date of Data Source(s) 6/14/11 6/14/11 6/14/11 6114/11 Analysis of prior sale or transfer history of the subject property and comparable sales THERE HAS BEEN NO SALE FOUND OF THE SUBJECT PROPERTY IN THE LAST 36 MONTHS. NONE OF THE COMPS HAD A PRIOR SALE FOR THE YEAR PRIOR TO THE DATE OF SALE OF THE COMPARABLE SALE. Surrrnary of Sales Comparison Approach ALL COMPARABLES WERE TAKEN FROM THE SUBJECTS GENERAL AREA AND WERE CONSIDERED TO BE THE MOST COMPATIBLE WITH THE SUBJECT PROPERTY. THEY GIVE A VALID INDICATION OF VALUE AFTER ADJUSTMENTS. ALL SALES WERE VERIFIED TO BE CLOSED TRANSACTIONS.THE GLA WAS ADJUSTED $25 PSF DIFFERENCE. SITENIEW ADJUSTMENTS BASED ON SITE REPLACEMENT COSTS. FULL BATHS ADJUSTED $5,000; 1/2 BATHS $2,500. COMP 4 HAS A LIMITED VIEW OF THE OCEAN AND WAS ADJUSTED DOWNWARD AT 10% OF SALES PRICE. COMP 4 WAS IN NEW, SUPERIOR CONDITION TO THE SUBJECT AND WAS ADJUSTED DOWNWARD AT 10;o OF SALES PRICE. COMP 4 WAS ALSO A FORECLOSURE SALE AND WAS AFFORDED LITTLE WEIGHT IN THIS ANALYSIS. AFTER ALLOWING FOR DIFFERENCES WHICH EXIST, A REASONABLE RANGE OF VALUE IS INDICATED. Indicated Value by Sales Comparison Approach $ 350,000 Indicated Value by: Sales Comparison Approach $ 350,000 Cost Approach (d developed) $ 362,292 Income Approach (ft developed) $ THE SALES COMPARISON APPROACH WAS GIVEN THE MOST WEIGHT ON ARRIVING AT THE VALUE AS IT BEST REPRESENTS THE o ACTIONS OF BUYERS AND SELLERS IN THE MARKET PLACE. THE INCOME APPROACH IS INAPPLICABLE DUE TO LACK OF a VERIFIABLE DATA This appraisal is made E as is °, ❑ subject to completion per plans and specifications on the basis of a hypothetical condiion that the improvements have been z completed, ❑ subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or E subject to the o following regdred inspection based on the extraordinary assumpion that the condition or deficiency does not require aloation or repair: w cc Based on a complete visual inspection of the k terior and exterior areas of the subject property, defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) opinion of the market value, as defined. of the real property that is the subject of this report is $ 350,000 , as of JUNE 2, 2011 , which is the date of inspection and the effective date of this appraisal. Freddie Mac Form 70 March 2005 Page 2 ot 6 Fonn 1004- 'PdinTOTAL' appraisal software by a la mode. inc. -1- 800- ALAMODE Fannie Mae Form 1004 March 2005 [ Parte #41 Uniform Residential Appraisal EXPANDED "SCOPE OF WORK" COMMENTS (THE APPRAISER IS PERMITTED TO EXPAND THE "SCOPE OF WORK" FOR CLARIFICATION PURPOSES OF WHICH THE FOLLOWING IS PROVIDED FOR SAID PURPOSES): A "COMPLETE VISUAL INSPECTION OF THE INTERIOR AND EXTERIOR AREAS OF THE SUBJECT PROPERTY" WAS PERFORMED BY THE APPRAISER BASED ON CONDITIONS READILY OBSERVABLE EXCLUDING ALL HIDDEN OR OBSTRUCTED AREAS AND NOT AS A PROFESSIONAL HOME INSPECTOR. THE TERM "COMPLETE" IS NOT AN ALL INCLUSIVE TERM RELATIVE TO THE ENTIRE ATTIC, AND IF APPLICABLE, THE ENTIRE CRAWL SPACE AND OTHER NON - HABITABLE AREAS AS A COMPLETE DETAILED PHYSICAL INSPECTION OF EVERY PART OF THE AFOREMENTIONED AREAS IS NOTA FUNCTION OF THE THE INSPECTION PROCESS RELATIVE TO RESIDENTIAL APPRAISING BUT IS RELATIVE TO THE INSPECTION PROCESS BY A PROFESSIONAL HOME INSPECTOR. THE APPRAISER IS NOT A PROFESSIONAL WELL AND SEPTIC SYSTEMS INSPECTOR. IMPROVEMENT RATINGS AND COMMENTS REGARDING IMPROVEMENTS, SYSTEMS, EQUIPMENT AND REAL PROPERTY DO NOT REPRESENT ANY GUARANTEES AND /OR WARRANTIES EXPRESSED OR IMPLIED AS GUARANTEES AND /OR WARRANTIES ARE NOT A PART OF THE SCOPE OF THE APPRAISAL. IT IS NOT PART OF THE SCOPE OF THE APPRAISAL FOR THE APPRAISER TO PERFORM DUTIES RELATIVE TO THAT OF AN ATTORNEY -AT -LAW REGARDING ABSOLUTE VERIFICATION OF ALL LEGAL ASPECTS PERTAINING TO THE SUBJECT PROPERTY. IT IS NOT PART OF THE SCOPE OF THE APPRAISAL FOR THE APPRAISER TO PERFORM DUTIES RELATIVE TO THAT OF A PROFESSIONAL SURVEYOR REGARDING ABSOLUTE VERIFICATION OF ALL ASPECTS CONSIDERED AND DISCOVERIES MADE BY A PROFESSIONAL SURVEYOR RELATED TO THE SITE AND IMPROVEMENTS F OF THE SUBJECT PROPERTY. ATTEMPT OF DISCOVERY OF POTENTIAL ADVERSE INFLUENCES AS A RESULT OF HUMAN BEHAVIOR u IS NOT PART OF THE SCOPE OF THIS APPRAISAL. 0 0 0 J z 0 0 F- ❑ a Q COST APPROACH TO VALUE (not required by Fannie Mae) Provide adequate information for the lender /client to replicate the below cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) ESTIMATE FOR SITE IS BASED ON SALES OF BUILDING SITES IN THE AREA AND THE MARKET EXTRACTION TECHNIQUE. 3 ESTIMATED ❑ REPRODUCTION OR 0 REPLACEMENTCOST NEW OPINION OF SITE VALUE =$ 110,000 o Source of cost data MARSHALL & SWIFT RESIDENTIAL COST BOOK DWELLNG 2,233 Sq.Ft. @ $ 121.15 .. =$ 270,528 O'_ Quality rating from cost service AVG Effective date of cost data 4/1/2011 Sq.Ft @ $ _$ Fri' Comments on Cost Approach (gross living area calculations, depredation, etc.) APPL,PORCHES,DECKS - =S 25,000 pi MARSHALL AND SWIFTS RESIDENTIAL COST HANDBOOK WAS Garage/Carport Sq.Ft. @ $ _§ U USED AS THE DATA SOURCE FOR REPRODUCTION COST NEW. Total Estimate of Cost -New =$ 295,528 Less Physical Functional External Depreciation 43,236 =$( 43,236) Depreciated Cost of Improvements =S 252,292 "As -is" Value of Site Improvements =$ Estimated Remaining Economic Life (HUD and VA only) Years INDICATED VALUE BY COST APPROACH =§ 362,292 INCOME APPROACH TO VALUE (not required by Fannie Mae) o Estimated Monhly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income Approach z Sunmary of Income Approach (including support fa market rent and GRM) PROJECT INFORMATION FOR PUN (((applicable) Is the devdoper@ulder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) ^, Detached 7 Attached HOA and the subject property is an attached dweltng unit. Provide the following information for PUDs ONLY if the devdopenuilder is in control of the Legal Name of Project o Total number of phases Total number of units Total rurrter of units sold 1 Total number of alts rued Total nunber of units for sale Data soace(s) s Was the project created by the conversion of existin. building(s) into a PUD? ' Yes ❑ No If Yes, date of conversion. oDoes the project contain any multi- dwelling alts? Li Yes ❑ No Data Source Are the ants, common elements, and recreation facilities complete? ' ! Yes ❑ No 11 No, describe Cie status of completion. ❑ n Are the cannon elements leased to a by the Homeowners' Association? 7 Yes [ No If Yes, describe the rental terms and options. Describe common dements and recreational facilities. Freddie Mac Form 70 March 2005 Page 3 of 6 Form 1004— `WinTOTAL" appraisal software by a la mode, inc. — 1.800- ALAMODE Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # 034541106 Page #51 This report form is designed to report an appraisal of a one -unit property or a one -unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and /or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender /client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender /client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appralsal report to show the approximate dimensions of the Improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion. repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 Page 4 of 6 Fannie Mae Form 1004 March 2005 Form 1004— 'WinTOTAL" appraisal software by a la mode; inc. — 1-800-ALAMODE Uniform Residential Appraisal Report File # 034541106 Page #61 APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment, I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions fumished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and 1 have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender /client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 Page 5 of 6 Form 1004— ''WInTOTAL appraisal software by a la mode, inc. — 1.800•ALAMODE Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report File # 034541106 Paae #71 21. The lender /client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender /client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and /or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub - contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and /or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature �� Signature Name JOHN�JGAN Name Company Nam Company Name Company Address EISENHOWER DRIVE, BLDG 800, Company Address SAVANNAH, GA 31406 Telephone Number (912) 354 -8363 Email Address jganemap @bellsouth.net Date of Signature and Report July 19, 2011 Effective Date of Appraisal JUNE 2, 2011 State Certification # CRA298 or State License # or Other (describe) State # Expiration Date of Certification or License State GA Expiration Date of Certification or License 5/31/2011 SUBJECT PROPERTY Telephone Number Email Address Date of Signature June 28, 2011 State Certification # or State License # State ADDRESS OF PROPERTY APPRAISED 13 T S CHU TERRACE TYBEE ISLAND, GA 31328 APPRAISED VALUE OF SUBJECT PROPERTY S 350.000 LENDER /CLIENT Name Company Name Company Address Email Address Did not inspect subject property Did inspect exterior of subject property from street Date of Inspection Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Date of Inspection Freddie Mac Form 70 March 2005 Page 6 of 6 Fannie Mae Form 1004 March 2005 Form 1004 — 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE rm Residential Appraisal Report File # 034541106 Page #8 FEATURE j SUBJECT COMPARABLE SALE #4 COMPARABLE SALE #5 COMPARABLE SALE #6 Address 13 T S CHU TERRACE TYBEE ISLAND, GA 31328 13 18TH STREET TYBEE ISLAND, GA31328 Proximity to Subject 0.10 miles SW Sale Price $ N/A $ 506,000 $ $ Sale Price/Gross Liv. Area $ sq.ft. $ 216.05 sq.ft. MLS,LENDER,APPRAISER $ sq.t $ sq.ft. Data Source(s) Verification Sotrce(s) DATA, PUBLIC RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +( -) $ Adjustment DESCRIPTION +( -) $ Adjustment DESCRIPTION +( -) $ Adjustment Sales or financing Concessions CONVENTNL LN DOM- 190 Date of SaleRme 07/14/2010 Location TYBEE ISLAND TYBEE ISLAND a Leasehold /Fee Simple FEE SIMPLE FEE SIMPLE re Site 3,500 Sq.Ft. 4,800 SF a Yew BEACHSIDE LIMITED OCEAP - 50,600 z Design (Style) 2STY/DET /AVG 2 STY/DET /GD N Quality of Construction FRAME /AVG FRAME /AVG rr Actual Age 1930 2007 E Condition AVG TO GOOD VERY GOOD - 50,600 o Above Grade u Room Count a Gross Living Area Total Balms. Baths Taal Bdrms. Baths Tdal Bctrtw. Baths Total Banns. Baths 8 4 2 6 4 3 -7,500 2,233 sq.ft. 2,342 sq.ft. -2,730 sq.ft. sq.ft. N Basement &finished Rooms Below Grade NONE NONE NONE NONE Functional Utility AVERAGE AVERAGE Heating/Cooling FWNCAC FWA/CAC Energy Efficient hems STANDARD STANDARD Garage/Carport 2 OFF STREET 2GAR/4OFF ST - 15,000' Porch/Patio/Deck ENTRY,DECK 2 COVD PORS -5,000 KfTCHEN,ETC. RO,DW,FH,DS RO,DW,FH,WP - 3,000 FIREPIACE,FENCE,ETC NONE 1 FIREPLACE -1,500 DECK ELESHF /RFTE -5,000 Net Adjustment (Total) ❑ + ❑ - $ - 140,930 ❑ + ❑ - $ ❑ + ❑ - $ Adjusted Sale Price of Comparables Net Adj. 27.9 % Gross Adj. 27.9 % Net Adj. % $ 365,070 Gross Adj. % $ Net Ad'. % Gross Adj. % $ Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional poor sales on page 3). ITEM SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Date of Prior Sale /Transfer NO SALE WITHIN NO SALE WITHIN } Price of Prior Sale/Transfer LAST 36 MONTHS PRIOR YEAR o Data Source(s) PUBLIC RECORDS PUBLIC RECORDS y Effective Date of Data Source(s) 6/14/11 6/14/11 uAnalysis of prior sale or transfer history of the subject property and comparable sales J a W Analysis/Comments N 1- z W 2 2 () U rn N T J a z a Freddie Mac Form 70 March 2005 Form 1004.(AC) — °W nTOTAL' appraisal software by a la mode. inc. —1. 800 - ALAMODE Fannie Mae Form 1004 March 2005 Supplemental Addendum File No 034541106 Paoe *9 BorrowerClient DEBORAH BABER & RAYNE I it EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 3p Code 31328 Lender ADDENDA: DISCLAIMERS: UNLESS OTHERWISE STATED WITHIN THIS REPORT, THE EXISTENCE OF HAZARDOUS MATERIALS INCLUDING, BUT NOT LIMITED TO TOXIC WASTE, ASBESTOS, RADON GAS OR UREA FORMALDEHYDE FOAM INSULATION, WHICH MAY OR MAY NOT BE PRESENT ON THE PROPERTY, WAS NOT RECOGNIZED BY THE APPRAISER. THE APPRAISER HAS NO KNOWLEDGE OF THE EXISTENCE OF SUCH MATERIALS ON OR IN THE PROPERTY. THE APPRAISER, HOWEVER, IS NOT QUALIFIED TO DETECT SUCH SUBSTANCES. THE CONCLUSIONS AND VALUE ESTIMATES, HEREIN ARE PREDICATED ON THE ASSUMPTION THAT THERE IS NO SUCH SUBSTANCE ON OR IN THE PROPERTY THAT WOULD CONTRIBUTE TO OR CAUSE A LOSS IN VALUE. NO RESPONSIBILITY IS ASSUMED FOR ANY SUCH CONDITION OR FOR THE EXPERTISE REQUIRED TO DISCOVER THEM. THE CLIENT IS URGED TO RETAIN AN EXPERT IN THIS FIELD, IF DESIRED. THE APPRAISAL CONFORMS TO THE UNIFORM STANDARDS OF PROFESSIONAL PRACTICE (USPAP) ADOPTED BY THE APPRAISAL STANDARDS BOARD OF THE APPRAISAL FOUNDATION, EXCEPT THAT THE DEPARTURE PROVISION OF THE USPAP SHALL NOT APPLY. THE APPRAISAL CONTAINS A SIGNED CERTIFICATE REQUIRED BY THE USPAP, AND AN ADDITIONAL STATEMENT THAT THE APPRAISAL ASSIGNMENT WAS NOT BASED ON A REQUESTED MINIMUM VALUATION, A SPECIFIC VALUATION OR THE APPROVAL OF A LOAN. THE APPRAISAL INSPECTION SHOULD NOT BE CONSIDERED A HOME INSPECTION REPORT AND SHOULD NOT BE RELIED UPON TO REPORT THE CONDITION OF THE PROPERTY BEING APPRAISED. THE FEATURES AND DEFECTS NOTED IN OUR INSPECTION ARE SPECIFIED FOR COMPARISON PURPOSES AGAINST THE MARKET WHICH IS PART AND PARCEL OF THE APPRAISAL PROCESS. THE DIGITAL SIGNATURE ON MY APPRAISALS ARE ENCRYPTED AND SECURED BY A SECRET CODE KNOWN ONLY TO ME. ALSO, THE CODE IS CHANGED FROM TIME TO TIME TO INSURE THE SAFENESS OF THE ENCRYPTION. THIS METHOD IS IN COMPLIANCE WITH THE USPAP STATEMENT 8. THIS APPRAISAL INSPECTION SHOULD NOT BE CONSIDERED A HOME INSPECTION AND SHOULD NOT BE RELIED UPON TO REPORT THE CONDITION OF THE PROPERTY BEING APPRAISED. THE FEATURES AND DEFECTS NOTED IN OUR INSPECTION ARE SPECIFIED FOR COMPARISON PURPOSES AGAINST THE MARKET WHICH IS PART AND PARCEL OF THE APPRAISAL PROCESS. NO PERSONAL PROPERTY IS INCLUDED IN THE FAIR MARKET VALUE OF THE SUBJECT. • URAR : Conditions of Appraisal ASSUMES THAT ALL MECHANICAL SYSTEMS FUNCTION PROPERLY AND ALL STRUCTURAL MEMBERS WERE SOUND AT THE TIME OF INSPECTION WITH NO LATENT DEFECTS OR INFESTATIONS UNLESS STATED. Form TADD —' WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Page #10I Subject Photo Page Borrower/ /Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 3p Code 31328 Lender Subject Front 13 T S CHU TERRACE Sales Price N/A R 2233 Tot. Rooms S Tot. Tot.Bedrms. 4 Tot. Bathrms. 2 Location TYBEE ISLAND View BEACHSIDE Site 3,500Sq.Ft. Quality FRAME /AVG Age 1930 ' �— r Form PIC4x6.SR — ' WinTOTAL' appraisal software by a la mode, inc. — 1- 800•ALAMODE Subject Rear Subject Street 1 Page #11I Subject Interior Photo Page Borrower/Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 8p Code 31328 Lender Subject Interior 13 T S CHU TERRACE Sales Price N/A G.L.A. 2,233 Tot. Rooms 8 Tot. Bedrms. 4 Tot. Bathrms. 2 Location TYBEE ISLAND View BEACHSIDE Site 3,500 Sq.Ft. Quality FRAME/AVG Age 1930 Form PIC4x6.SI — 'WinTOTAL" appraisal software by a la mode, inc. —1- 800 - ALAMODE Subject Interior Subject Interior 1 Page #12I Subject Interior Photo Page Borrower /Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA Sp Code 31328 Lender Subject Interior 13 T S CHU TERRACE Sales Price N/A G.L.A. 2,233 Tot. Rooms 8 Tot. Bedrms. 4 Tot. Battirms. 2 Location TYBEE ISLAND Yew BEACHSIDE Site 3,500 Sq.Ft. Quality FRAME /AVG Age 1930 Form PIC4x6.SI — 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Subject Interior Subject Interior Page #131 Subject Interior Photo Page Borrower /Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 3p Code 31328 Lender Form PIC4x6.SI — 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Subject Interior 13 T S CHU TERRACE Sales Price N/A G.L.A. 2233 Tot. Rooms 8 Tot. Bedrms. 4 Tot. Bathrms. 2 Location TYBEE ISLAND �e<v BEACHSIDE Site 3500 Sq.Ft. Quality FRAME /AVG Age 1930 Subject Interior Subject Interior 1 Page #14I Subject Interior Photo Page Borrower /Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 8p Code 31328 Lender Ulf L L.. =MI Form PIC4x6.SI — 'WInTOTAL" appraisal software by a la mode, inc. — 1.800•ALAMODE Subject Interior 13 T S CHU TERRACE Sales Price N/A G.L.A. 2,233 Tot. Rooms 8 Tot. Bedrms. 4 Tot. Bathrms. 2 Location TYBEE ISLAND View BEACHSIDE Site 3,500 Sq.Ft. Quality FRAME /AVG Age 1930 Subject Interior Subject Interior I Page #151 Comparable Photo Page Borre vet Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA Zp Code 31328 Lender Comparable 1 16 10TH STREET Prox. to Subj. 0.78 miles N Sales Price 445,000 G.L.A. 2,096 Tot. Rooms 8 Tot. Bedrms. 5 Tot. Bathrms. 3.1 Location TYBEE ISLAND View BEACHSIDE Site 4,200 SF Quality FRAME /AVG Age 1930 /RNVD'05 Foram PIC4x6.CR — ' WwTOTAL' appraisal software by a la mode, inc. — 1.800- ALAMODE Comparable 2 10 7TH TERRACE Prox. to Subj. 1.04 miles N Sales Price 402,000 G.L.A. 1,790 Tot. Rooms 6 Tot. Bedrms. 3 Tot. Bathrrrs. 2 Location TYBEE ISLAND View BEACHSIDE Site 7,288 SF Quality FRAME/AVG Age 1978 Comparable 3 14 10TH TERRACE Prox. to Subj. 0.74 miles N Sales Price 276,500 G.L.A. 1.200 Tot. Rooms 5 Tot. Bedrms. 2 Tot. Batbrms. 2 Location TYBEE ISLAND View BEACHSIDE Site 4,810 SF /SIM Quality FRAME /AVG Age 1976 Paae #16I Comparable Photo Page Borrower /Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 8p Code 31328 Lender Comparable 4 13 18TH STREET Prox. to Subj. 0.10 miles SW Sales Price 506,000 G.L.A. 2,342 Tot. Rooms 6 Tot. Bedrms. 4 Tot. Bathrms. 3 Location TYBEE ISLAND View LIMITED OCEAN Site 4,800 SF Age Quality FRAMEIAVG Age 2007 - A�i 1 r- 1 tA '"�- NM f i — ---___________� 11 , i I I` r ,. — V - - - - - -- - - `^ - - Y1� s- 1 ��p� m �, ��1111�p1 1 i, R jl '(i o-- a 41111111 f minimimminik_. • r 1 ._-iiii 40 1 4. Comparable 5 Prox. to Subj. Sales Price G.L.A. Tot. Rooms Tot. Bedrms. Tot. Bathrms. Location View Site Quality Age Comparable 6 Prox. to Subj. Sales Price G.L.A. Tot. Rooms Tot. Bedrms. Tot. Bathrms. Location View Site Quality Age Form PIC4x6.CR — 'WinTOTAL" appraisal software by a la mode. inc. — 1-800-ALAMODE 1 Page #17I Comparable Sales Map Borrower/Client DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA Zip Code 31328 Lender a la mode, inc: The riaee. .n..w flat cneweer Chimney awe lD4 1'ybee Island Jaycee Park Van \ `hi 1 1 26 Sea Islands3r r Jr l• c absi Q aye � t & g * Memorial 7ybee blare Park 454 Comparable # 2 10 7TH TERRACE 1.04 miles N Comparable # 1 16 10TH STREET 0.78 miles N Comparable # 4 14 10TH TERRACE 0.74 miles N y., .r I I I I I I A ` Comparable # 3 13 18TH STREET 0.10 miles SW A 1 I 0 609 yds Form MAP.LOC — '4YmTOTAL' appraisal software by a la mode, inc. — 1-800-ALAMODE I Palle #18I Location Map Borrowealient DEBORAH BABER & RAYNETTE EVANS Property Address 13 T S CHU TERRACE City TYBEE ISLAND County CHATHAM State GA 3p Code 31328 Lender Form MAP.LOC — PdnTOTAL' appraisal software by a la mode, inc. — 1-800-ALAMODE Chatham County Board of As - -sors: 2011 Property Record Card 4- 00r" -04 -006 2011 Chatham County Board of Assessors Property Record Card Page 1 of 2 4- 0009 -04 -006 13 T S CHU TER TYBEE ISLAND APPRAISER tlwhitfi 1 PT 3 4 SUB FR LOT 105 WD 5 TYBEE LAST INSP 02/04/2008 APPR ZONE 000008 BABER & EVANS DEBORAH J & RAYNETTE L CAMA ASMT 5024 HANCOCK PL 140,000 140,000 LAND 1 MACON GA 31210 65,700 65,700 BLDG 1 12,100 12,100 OBXF 2 217,800 217,800 Cost - MS SALES BOOK / INS VI QU RSN PRICE PAGE 126 Sep 2003 259G 0509 WD I U UR GRANTOR:BABER BETTY C GRANTEE:BABER & EVANS DEBORAH &RAY PERMITS TYPE DATE AMOUNT 10 -0447 12 Oct 2010 Issued 3,600 080340 RN 04 Feb 2009 Comp 2,000 080376 RN 13 Aug 2008 Issued 7,000 99-65 AD 15 Jan 1997 Insp 20,000 960043 RN 15 Jan 1997 Insp 7,500 COMMENTS: 09 Jan 2004 17 Dec 2003 20 Nov 1998 07 Dec 1994 TY04 HS22S REMVD NJV 1 -9- 04 'TY04SURVS 'TY99 AKA BETTY M BABER TY95 COR /D 169A679 9 -6 -94 EXTRA FEATURES ID# BLDG # SYSTEM DESC 140333 86321 WOOD DECK AV 140334 86321 Solid Wall /Slab AV [Click for larger picture] CODES PROPERTY 0006 RESIDENTIAL USE UTA NBHD EXEMPTIONS 0004 Tybee Island 020213.00 T213 TYBEE BTL BEACH HISTORY LAND 2011 140,000 2010 295,800 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 IMPR 77,800 81,300 296,000 113,000 455,000 120,000 455,000 75,500 483,500 60,000 205,000 83,000 174,500 91,500 232,500 232,500 144,000 87,000 55,500 88,500 55,500 89,000 20,130 35,960 20,130 39,220 20,130 58,210 20,130 39,770 20,130 39,770 TOTAL 217,800 377,100 409,000 575,000 530,500 543,500 288,000 266,000 232,500 232,500 232,500 231,000 144,000 144,500 141,500 56,090 59,350 78,340 59,900 59,900 Cama Cama Over Cama Cama Cama Cama Cama Over Over NC Cama Cama Cama NC Cama Cama Cama Over Over DIM 1 DIM 2 UNITS QL UNIT PRICE RCN AYB EYB DT ECON FUNC SP SP% RCNLD MKT VALUE 0 0 356.00 A 7.98 2,841 2008 2008 2R 2,642 2,600 0 0 647.00 A 22.87 14,797 1980 1980 IR 9,470 9,500 LAND ID# USE DESC FRONT DEPTH UNITS / TYPE 110854 2 -4 FAMILY 50 70 3,500.00 -SF PRICE ZONING LCTN TOPO OTHER ADJ1 ADJ2 ADJ3 ADJ4 MKT VALUE 40.00 C1 140000 http: //boa. chathamcounty. org/DesktopModules /ChathamCounty /BoardofAssessors /Property... 8/4/2011 Chatham County Board of As -sors: 2011 Property Record Card 4 -00r' '04 -006 Page 2 of 2 2011 Chatham County Board of Assessors 4- 0009 -04 -006 Property Record Card 13 T S CHU TER TYBEE ISLAND BUILDING SECTION .CONSTRUCTION TYPE RCN AYB EYB DEP TYPE PHYS ECON FUNC OBSV / % TOTAL DEP % RCNLD U.FACTOR MKT VAL 86321 -1 . Residential 123,490 1930 1980 MS 44.00 0.00 0.00 0.00 44.00 69,154 65,700 [Click for larger picture] DOWNSTAIRS SECTION TYPE 1 - Main AREA 2233 TYPE 2 - Low -rise Multiple FRAME 1 - Stud Frame STYLE 2 - Two Story QUALITY 3.00 CONDITION 3.00 # UNITS 0 # OF BEDS / BATHS 3 / 3.00 COMPONENTS Units % QUAL R1 108 Frame, Siding, Wood 100.00 R2 208 Composition Shingle 100.00 R3 352 Heat Pump 100.00 R4 402 Automatic Floor Cover Allowance R6 601 Plumbing Fixtures ( #) 15.00 R6 622 Raised Subfloor (% or SF) 100.00 R11 904 Slab Porch (SF) with Roof 112.00 R11 904 Slab Porch (SF) with Roof 112.00 R11 904 Slab Porch (SF) with Roof 112.00 R11 904 Slab Porch (SF) with Roof 40.00 http: //boa. chathamcounty. org/DesktopModules /ChathamCounty /BoardofAssessors /Property... 8/4/2011