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HomeMy Public PortalAbout11-0359 Plageman f 0, * t7 4e CITY OF TYBEE ISLAND BUILDING PERMIT DATE ISSUED: 06-20-2011 PERMIT#: 110359 WORK DESCRIPTION RENOVATION WORK LOCATION 603 BUTLER AVE 15 1 OWNER NAME E.L.PLAGEMAN ADDRESS PO BOX 62 CITY,ST,ZIP TYBEE ISLAND GA 31328-0062 PHONE NUMBER CONTRACTOR NAME E.L.PLAGEMAN ADDRESS PO BOX 62 CITY STATE ZIP TYBEE ISLAND GA 31328-0062 FLOOD ZONE BUILDING VALUATION SQUARE FOOTAGE OCCUPANCY TYPE P TOTAL FEES CHARGED $ 144.00 PROPERTY IDENTIFICATION# PROJECT VALUATION $12,300.00 TOTAL BALANCE DUE: $ 144.00 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: C.,te;44.yvi) Dk P.0.Box 2749-403 Butler Avenue,Tybee Island,Georgia 31328 (912)786-4573-FAX(912)786-9539 www.cityoftybee.org ti,, ��y� City of Tybee Island • Planning & Zoning Dept. ��� -' � Inspection Report om�t nu m% 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 � m% r7,rioNaL Phone 912.472.5032 • Fax 912.786.9539 CODE COUNCIL MEMBER Permit No. 1 )- 0 3` -`-/ Date Requested /t.- f` ! , ,,. Owner's Name 1 /(1,%= co,At ..,),0 , I --,■-at-..`''is, ) City of Tybee Island • Planning & Zoning Dept.( 1- Inspection Report ■ ; ,"4 evl ;wit ',.'I,--• 1 .\\ „ 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 2- e IY‘ 7417747Airti Phone 912.472.5032 • Fax 912.786.9539 j t d. i,) CODE COUNCIL /,...) ° I r"-% MEMBER Permit No I — 03 Sc? .---2G J2— Owner's Date Requested 7 — — Owner's Name -pl 0 „,arN Date Needed 7 -27-/ -2_ J Gen. Contractor Subcontractor Contact Information ---la.e-4- s (q 1 -2.) St4 -7 — LI-2 Li 2- Project Address 69 03 i4-- e..3-- Aia . -4eK Scope of Work 1 e {--\ 0\,1 cii-- - oK--) Inspector '7)4' 41s',\,7 ;I: / Date of Inspection , _ 1/ - , , ..,- rInspection . n ai 7)1 1/4.1 ils- r) „(-\ C2,-- Pass IN /Fail/ Fee Inspection Pass 0 Fail El Fee Inspection 7.7) r be ( jr 4 i r Q_. I Pass 0 Fail 0 F -- ' / ,-, . - ) ,,,), m - ,) - 1-, ,-- --", , 2 _ , ki _.: --L--/ ,_) ,, r- __, ..-- ,.... , - — - - ---- -, - / il 12'- Inspection Pass 0 Fail 0 Fee r '''N City of 1 :Jee Island • Community DeveloptY.ant Dept. r ICC T*- '-,1i i Inspection Report `since 403 Butler Ave, • P.O. Box 2749 • Tybee Islands GA 31328 m��� !�� ` INTERNATIONAL -,:,--'! Phone 912.786.4573 ext. 114 • Fax 912.786.9539 CODE COUNCIL MEMBER Permit No. j )- 0 :Y--,-(j Date Requested 4%-j/ / 1 Owner's Name Pi 4V ' rwiri Date Needed Gen. Contractor Subcontractor 1 Contact Information -4)!-)6 v( lL _ 1 .`0() Project Address G,,i>> t:,=) -hl i a\)∎ 1 Scope of Work !L-r\�()V i 7U ,\--) inspector 1H Date of Inspection gha,/,/ .Lnspectkkr1 If I 'r t" . ( \-.0 I - i Pass ( �; 0 Fee Q� (? )N.-)E-' 1 2 Inspection I-(_ 1 �I Pass Fee ---- , / , Inspection Pass 0 Fail (—'1 Fee ./ 1� if I '� Inspection _.;",r�?'I" Pass f- ' ' ee 11/ 3-- .)c6).. 4 1 ‘ ii., i\- /:/e. -4449% ricy'frh/S) f (*--9°-l) \ II VI \ U- TX Result Report P 08130/2011 12:14 Serial No. CM35228060004 TC: 272678 Destination Start Time Time Prints Result Note Georgia Power gg08-30 12:13 00:00:45 001/001 OK Setting.Note MIX:: Double-SidedaBindingA Direction.Original: SpecialSoriginal,Forward.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, P14-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, LOVR:Receiving length Over, POVER:Receiving page Over, FIL:File Error, DC:Decode Error, MDN:MDN Response Error, DSN:DSN Response Error. ow- \ lommoci, RELEASES FOR ELECTRIC SERVICE FROM TYBEE ISLAr4D FOR - - r- _ FAX TO: Lynn Brennan 5,-1,2=9.1.6=133.3,7` Phone 912 ? �/—�� 7 rs:.e 'Po ire r o C ,— 4 44 in. Soh-2�os Goa—thy 3a — 62S Location Address: 9 i�z ��S Lot# Release Date: Type of Release: Temporary ••ermanent Subd Name: Electrician: /��S��l _ Electrician Phone Number: OwnerBuilder: , J cf � Phone Number: Location Address: Lot# Release Date: 'Type of Release: Temporary Permanent Subd Name: Electrician: Electrician Phone Number: OwnerBuilder: Phone Number: Location Address: Lot# Release Date: Type of Release: Temporary permanent Subd Name: Electrician: Electrician Phone Number_ OwnerBuilder: Phone Number: c� c0 RELEASES FOR ELECTRIC SERVICE FROM TYBEE ISLAND FOR . FAX TO: Lynn Brennan 9-2 3 -37 Phone 9124 Clorg:a. 'Pot.ver -3 0(0. 2 4,gio 44/4. 441:113 306-Zaor /7-03_5 LI-41==g:a4-3 0,,s411 3o8- 2(02S Location Address: �S i$e �rJ Lot# Release Date:‘,.. if Type of Release: Temporary y Permanent Subd Name: Electrician: Electrician Phone Number: 801-r3,1 Owner/Builder: ' 496A44 Phone Number: (5`t47-c/Zc12.> Location Address: Lot # Release Date: Type of Release: Temporary Permanent Subd Name: Electrician: Electrician Phone Number: Owner/Builder: Phone Number: Location Address: Lot# Release Date: Type of Release: Temporary Permanent Subd Name: Electrician: Electrician Phone Number: Owner/Builder: Phone Number: //� 44:6 y\ City of T;__ae Island • Community Develop. nt Dept. :��� I` 4 • - Inspection Report Noma 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 INTERNATIONAL ~,,n Phone 912.786.4573 ext. 114 • Fax 912.786.9539 CODE COUNCIL MEMBER Permit No. 11 _ 0 3 S 7 9 Date Requested ( - 2 V- 7/ Owner's Name Pio Ge 'Y r"), Date Needed , - / - / l Gen. Contractor Subcontractor 0 LA") {1-Q-) Contact Information �..>C 'Is V , Project Address 6, 0 3 Po-/-16.- Ave -4 - 7,5-. , Scope of Work �' (") 0 t)0 4°4; 0 r-) r Inspector d61 Date of Inspection ��:• / ) Inspection r-)J ' h D I ���. �� (0k4 \ Pass r iY 1_,_, Fee ! u ob- , �---- - - c L -1 )E i ,�. v pAs `� ,,, --p , ) I f' 1 Inspection o ,.) p i P c. r P , n cc a c.- Pass IN Fail ® Fee Inspection Pass El Fail ❑ Fee Inspection Pass ❑ Fail ❑ Fee 1\\\ .e.;,*ti , City of _ Jee Island • Community Development Dept. ���� s,< Inspection Report lo��� $ ' 403 Butler Ave. • P.O. Box 2749 • Tybee Island, GA 31328 INTERN m L Phone 912.786.4573 ext. 114 . Fax 912.786.9539 CODECOUNCIC MEMBER Permit No. 1 ) - ( ) `� -1 Date Requested /2`7 / i Owner's Name 14:-.7177.4 1 Date Needed 65/i /1 Gen. Contractor Subcontractor 23J( 1_ .i,zr-1---/L- Contact Information �, �) �),a J Pr eject Address 6(,) 3 1:=(JJ `1T Z I: a Scope of Work l Inspector --21c Date of Inspection 7/74 0-t / Inspection :1 1 - Pass ® Fail El Fee b �i' I �- - �-C�iJ ?a,F..,- `�dc�o IG 4 - - - �=- 1 ? 7tJr� Inspection Pass ® Fail 0 Fee Inspection Pass ® Fail ® Fee Inspection Pass 0 Fail 0 Fee • CITY OF TYBEE ISLAND, GEORGIA APPLICATION FOR BUILDING PERMIT 459-%\ %\ ( )f/ { F 11 Location: (o03 VE 15 -Ty-86E T5 PIN # NAME ADDRESS TELEPHONE EL12S3eTH lam{ LEWIS tWE 9 2_ Owner _ f L14GEMa TYBEE 2-5U4n)b, 614 ,S4?-42-`{2 Arrcl�itcct or R, er Building Contractor (Check all that apply) "1 Repair E Residential ❑ Footprint Changes Renovation Single Family ❑ Discovery ❑ Minor Addition ® Duplex Igt Demolition ❑ Substantial Addition ❑ Multi-Family ❑ Other ❑ Commercial Details of Project: 'Flew 12e K 1TC1+E N AND Cc 2,2ECT Old w 1 f 1i1G RE Nile '(kVrA$1n$6 \..E14K5 Av P ii 4L..(- L141,4+LD&.Y IAA/xi, RE POLICE) i JDocJ5 TILE Rrre_14-ENft3r rI1 f-L-00 re.1 BE AD 6 ,A2D IIIl1G 4.00 WD i31QcT1IIZ-oowz , 1,451ALRTE .4 SWEET Moe#c CE/C1/06 TEA ihJT. 00 EStii.......214SSA Cost of Construction: $ l`��30 — Construction Type y (Enter appropriate number) (1) Wood Frame (4) Masonry (6) Other(please specify) (2) Wood & Masonry (5) Steel & Masonry (3) Brick Veneer Proposed use: Pkk MATE RES l [7E/(CE Remarks: Fog u 5 EY J715+ASLED PE25oJ ATTACH A COPY OF THE CERTIFIED ELEVATION SURVEY OF LOT and complete the following information based on the construction drawings and site plan: # Units 1 #Bedrooms I #Bathrooms Lot Area Living space (total sq. ft.) '-I 00 # Off-street parking spaces Trees located & listed on site plan Access: Driveway (ft.) With culvert? With swale? Setbacks: Front Rear 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 O w N eze On-site waste and debris containers will be provided by rs A Construction debris will be disposed by O 1,,} R- by means of PER-5o T2tt Ck 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. I accept responsibility for any corrective action that may be necessary to restore drainage impaired by this permitted construction. Date: 0(o- I to- .._O I I Signature of Applicant: o. jjit4a4 _ Note: A permit normally takes 7 to 10 days to process. The following is to be completed by City personnel: Zoning certification NFIP Flood Zone Approved rezoning/variance? Street address and number: New Existing 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) Access to building site Distance to water main tap site Distance to sewer stub site Water meter size Storm drainage Approvals: Signature Date FEES Zoning Administrator Permit Code Enforcement Officer r ,p Inspections Water/Sewer Water Tap Storm/Drainage Sewer Stub Inspections Aid to Const. City Manager TOTAL NM WI OF 0"4-144, WtTURAI RF,W FCES (4) GEORGIA �,, xm.,, 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. Unde .(gned Date EL1241 -7--N 2 - PL/4667A-id Printed Name Office Use Only: Project Address: Permit Number: REQUIRED FOR: Building Permits Relocation Permits Sign Permits Demolition Permits Land Clearing, Disturbance or Excavation Permits Tree Removal Permits Relocation Permits Special Review Permits Site Plan Approval Subdivision of Land Sketch Plan Approval Preliminary Plan Approval Final Plat Approval Minor Subdivision Plat Approval Major Subdivision Plat Approval In addition to specific requirements for the above permits and approvals, applicants must demonstrate that they are in compliance with the City of Tybee Island Storm Water Management requirements as outlined in Chapter 5-4, Code of Ordinances. Section 5-4-9 Prohibition provides, in part, as follows: (4.) It is unlawful for any person to cause or permit any storm water to flow from their property onto the property of another person,unless such storm water naturally flowed thereon prior to any development activity. (5.) It is unlawful for any person to interrupt the flow of any storm water runoff from adjacent property onto their property by any development activity. As part of the City's approval process applicants must illustrate how these storm water management prohibitions will be met, including a showing of how storm water naturally flowed on the affected property(prior to any development activity), and what changes in storm water flow have occurred or are expected to occur, as attachments to this form. The City's approval or permit does not guarantee that the applicant's plans will result in meeting requirements. The final product must actually meet the City Ordinance requirements. Applicant name: £l-12-BET)-/ L- PL4-66 rota/ Project I.D.: Attachments approved by: Date: t 43t cf-;r it 7,-6, `orn?i June 30,2010 The following deficiencies have reached an unacceptable level on the projects in the City of Tybee Island. While the deficiencies are not necessarily the fault of the Owner or his agent, they are their responsibilities. The two areas of deficiencies are in the two most basic and common BMPs on local projects. They are: Co—Construction Exit Sdl — Sediment Barrier Correct installation information can be found not only in the "Green Book" but in the Field Manual for Erosion and Sediment Control in Georgia, Fourth Edition 2002, 4310 Lexington Road, P.O. Box 8024, Athens, GA 30603, telephone 706.542.3065, www.gaswcc.org, Georgia Soil and Water Conservation Commission; http://www.gaswcc.org/docs/ field manual 4ed.pdf. Problems with the Co is not limited to the installation, but to the material. Specifically, the job site personnel are telling me the stone delivered is the 1.5"-3.5" stone they requested. I have experienced on my own projects suppliers not adhering to the specs they are given with the orders. While I regret this situation, I will no longer be accepting any deviation from the State requirements. The stone will be a representation of 1.5"-3.5" stone or larger. Gradations that are obviously smaller will no longer be tolerated. The smaller stone allows for a smoother surface with smaller voids, thereby reducing the function of the construction exit. Similarly, I am finding Type A sediment barriers installed where Type C is required and shown on the permit drawings. I have attempted to work with the Owners through increased inspections, additional backup BMPs, etc. This has evidently become common knowledge based on the installations I am finding. Where two rows are called for they will be installed with a separation that allows for the first one to fail (fall over) without impacting the second one. The complete assembly and installation must be compliant; steel or wood posts,post spacing,Type C or A. There has been no discharge into state waters due to previous occasional deficiencies. However, the increased frequency has created unnecessary exposure to: 1) Sediment discharge into nearby waters of the State, 2) Increased maintenance efforts by the DPW on downstream lines. 3) Due to#2,higher cost to island taxpayers. I will be adhering strictly to the manual on all BMPs and not just these two. Downer Davis City of Tybee Island Consulting Engineer / /, AILLA •%. f ter% Signature of ; ner IA/ ,. �. OWNER m - RECONSTRUCTION/IMPROVEMENT \,,,,, „,,i% AFFIDAVIT Name of Company Telephone Contractor Address Name of Property Owner E 02 K1 BET 1-1 L . P L AGE PIA N Location of Property (oO 3 13ur-,.- & Ave If I S TY BEE .1-5L4t 1 6F1 3'32.$ I hereby attest to the fact that the attached itemized list of the Estimated Cost of Reconstruction and/or Improvements are all of the repairs and/or reconstruction and/or improvements proposed on the subject building for the attached Building Permit Application included with the estimate. Listed below are the date(s) and details of the last occurrence(s) of any repairs and/or reconstruction and/or additions and/or remodeling at this property: 05-12-2-011 nie ,our_ T,4o4a660 CE/6b)6 41VoaCr'2ooa" iJ,4 .. dove/2/YJ6 GRG',.7ETS $Lock DilltD62r U5- /1-aor/ 1?ennove fi4u.TY s.n,aov6r 05-)4,-'n i( C`tfi-,J oUr/I.fRu - To 7 ' Dc4m� GS--2<--2o-rl C0 Lr /tee,, ,e-2i,d c s re-' s 05-7-4-2a41/as- -toff Tice gt7-4141 T</ o5-as-2..0c( 3/,0'T 11/i-x Dn_1 SrD2oor►c/klTCi.)v 06-44-2ou ,cFPcrn' 1/0pJ'7Y ' ,NSr.'? - L,ci..srbny D,eaint I understand that I am subject to enforcement action and/or penalties and/or fines if inspection of the property reveals repairs and/or reconstruction and/or improvements not included on the attached list of the Estimated Cost of Reconstruction and/or Improvements as well as the Building Permit Application as well as the list of the last occurrence(s) of any repairs and/or reconstruction and/or additions and/or remodeling. I understand that any Building Permit issued by the City of Tybee Island pursuant to this Affidavit does not authorize the repair and/or reconstruction and/or improvement and/or maintenance of any illegal additions, fences, sheds, or non-conforming uses or structures on the subject property. Q Total Labor&Materials $ / 2, 252. . 6 5 Overhead&Profit $ Total Cost $ /2/ 2. S 2 - Co 5- STATE OF GEORGIA COUNTY OF CHATHAM l Before me this day personally appeared 4 L i'Zfl 3F71( L L . 17046 1744�..J who, by his/her signature below, states that the information provided on this Affidavit is correct and that he/she h. ead, understands, and agrees to comply with all the aforementioned conditions. _ aft ) tom Own. "s Signature S :in to and subscribed before me this U day of `, ) /1,52' , 20 \ \ . c ‘ l S f: � DIANNE OTTO Signature of Notary Public Notary Public, Chatham County, GA \ ( � � �D � I My Commission Expires November 6, 2014 O My Commission expires v ` (. BUDGET FOR COTTAGE#15 REPAIRS ltems/Hrs Cost Extended Clean out Labor** 10 $ moo $ 100.00/ Remove damaged ceiling Labor** 5 $ 10.00 $ 50.00/ Remove living room wall covering Labor** 2.5 $ 10.00 $ 25.00/ Remove cabinets Labor** 5 $ 10.00 $ 50.001 Remove faulty wiring/furnace Labor** 2 $ 10.00 $ 20.00' Remove block divider Labor** 2 $ 10.00 $ 20.001 Electrical-rewire kitchen and repair faulty wiring throughout as needed 1 $ 4,130.00 $ 4,130.00 I/ Windows(all 10 windows) 1 $ 3,630.00 $ 3,630.00 ✓ Lumber for sill repair 10 $ 10.00 $ 100.00 ✓ Repairs,as needed Labor** 5 $ 10.00 $ 50.00 ✓ Plywood for hurricane over windows(1/2"x 4'x8") 5 $ 23.00 $ 115.00 ✓ Labor** 2 $ 10.00 $ 20.00✓ Tile-Kitchen/Bath 6 $ 28.20 $ 169.20 Thin Set/Grout/Spacers/Sponge 1 $ 38.42 $ 38.42✓ Labor 12 $ 15.00 $ 180.00✓ Greenboard for bathroom ceiling(ToughRock 1/2x4x8 sheets) 4 $ 9.24 $ 36.96 Tape,Jnt Cmpnd 1 $ 24.19 $ 24.19/ Labor** 3 $ 10.00 $ 30.00 I Sheet rock for ceiling B $ 7.84 $ 62.72/ Tape,int Cmpnd 1 $ 30.00 $ 30.00/ Insulation R19,staples 10 $ 19.78 $ 197.80 ✓ Labor** 4 $ 10.00 $ 40.00 ✓ Furring strips,nails 38 $ 2.25 $ 85.50 V. Labor** 2 $ 10.00 $ 20.00✓ Paint Kilz-bedroom/kitchen 1 $ 22.59 $ 22.59/ Labor** 2 $ 10.00 $ 20.00/ Beadboard-walls,ceiling(LR/Bathroom) 22 $ 15.00 $ 330.00/ Trim,nails 15 $ 2.25 $ 33.75/ Labor** 10 $ 10.00 $ 100.00 Patch plaster cracks/hole in wall 1 $ 20.00 $ 20.00 / Labor** 3 $ 10.00 $ 30.00/ Plumbing-repair leaks,install laundry drain Labor 1 $ 450.00 $ 450.00 ✓ Bathroom vanity set 1 $ 99.00 $ 99.00✓ Labor** 1 $ 10.00 $ 10.00✓ Toilet 1 $ 99.89 $ 99.89/ Labor 1 $ 35.00 $ 35.00 Shower unit(if needed) 1 $ 350.00 $ 350.00 Labor 1 $ 75.00 $ 75.00/ Prehung bathroom doors,trim(2) 2 $ 65.00 $ 130.00/ Labor** 2 $ 10.00 $ 20.00 / Kitchen cabinets,counter top,trim 1 $ 887.75 $ 887.75 / Re-install kitchen cabinets Labor 7 $ 15.00 $ 105.00 Paint 3 $ 24.96 $ 74.88 Labor** 5 $ 15.00 $ 75.00/ Porch and Deck Enamel 2 $ 30.00 $ 60.00/ Labor** 3 $ 10.00 $ 30.00/ $ 12,282.65 Date Repair 1 5/12/2011 Remove damaged ceiling 5/12/2011 Remove living room wall covering, 5/12/2011 Remove damaged cabinets 5/12/2011 Remove block divider 5/14/2011 Remove faulty wiring/give to Roger 5/16/2011 Clean out debris/haul to Tybee dump 5/21/2011 Correct furring stips 5/26/2011 Tile kitchen/bath 5/28/2011 Paint Kilz on bedr9pm/kitchen 6/9/2011 Replace vanity 1441, +M.y a2104 Dianne Otto From: Daniel Carpenter Sent: Wednesday, June 01, 2011 6:38 AM To: Dianne Otto Subject: RE: waste container Diane,The contractor has gutted a whole unit (on Butler) and filled up a whole 40 yd container at our shop I was just making sure that u were aware of the amount of work going on. Thanks From: Dianne Otto Sent: Tuesday, May 31, 2011 4:57 PM To: Daniel Carpenter Subject: waste container Danny, I may not have listened well enough when you came in this afternoon about the waste container. I went down to the little block houses on Butler Avenue between Sixth Street and Seventh Street. The only container I saw was on the back street and it had household waste in it. Is that the correct location? Dianne K. Otto, CFM City of Tybee Island phone 912.786.4573 ext. 136 fax 912.786.9539 1 ESTIMATED COST OF RECONSTRUCTION / IMPROVEMENT PROPERTY ADDRESS 6)03 BuTL F-:12. (1 VE (5 TYBEE z 5C-Ant 1), GA Total Square Footage of the Structure 7 00 SF ITEM QUANTITY COST (LABOR +MATERIALS) OFFICIAL USE DEMOLITION&REMOVAL 265. 6`) FOUNDATION,REPAIR&ADDITION dimensions slab convential p pier CARPENTRY MATERIAL(ROUGH) floor sf C.) ceiling joist sf ()- wall stud sf / b S• So CARPENTRY,LABOR(ROUGH) sf ROOFING sf � -- INSULATION sf 'k O 2.37, 8C) EXTERIOR FINISH lap siding sf vinyl sf -- siding sf -- stucco sf brick sf `- other sf W DOOR ea /50 a° WINDOW ea RJ(.3Q °= SHUTTER' PLYWOOD fat NUQ4t4Ar. ea J 7��5. SI LL g.tAM6eg./ic nIES ( SO,=° LUMBER FINISH base mold If 33.15 shoe mold If chair rail If other If CARPENTER,LABOR,FINISH paneling/bead board sf 4 3o .oa HARDWARE(FINISH) HARDWARE(ROUGH) O CABINETS( )- 992./5 base If wall If FLOOR COVERING tile sy l�7 //• l0 vinyl sy carpet sy API wood sy other sy W WALL PREPARATION sheetrock sf / 8 3.8? paneling sf tile sf other ?LA it EPA 1ES p.OD PLUMBING(ROUGH)* 1/50. 47-?- *does not include sprinkler system PLUMBING FIXTURES MAY NEED ea /, °-tl shower t �-S tub ea toilet ea vanity ea /0 c ELECTRICAL(SERVICE/WIRING)** **does not include alarm system RuSS 'LC. '4 I ELECTRICAL FIXTURES Le-C.-rt.(G outlets ea lights ea other ea HVAC(UNIT&DUCT WORK INSTALLED)*** -- � ***does not include commercial hood system WASHER/DRYER INSTALLATION PAINT OR SPECIAL COATINGS interior sf 2.e2..97 exterior sf OVERHEAD&PROFIT TOTAL $/2,asa. $ 9/2-5V7- ` 2442 COfFRACfOR BETH A. PLAGLV AsJ PHONE 6 ADDRESS I./Q �G YV/ AV E 7-V136-6 5L41A-0 GA 3/3 Z8 / CONTRACTOR'S SIGNATURE /�� �� - �L iit_ i DATE 06-/ a o f/ _ IMain File No.11Z-190671 Page#2I DEWITT,COOK&ASSOCIATES. 2807-A ROGER LACEY AVENUE SAVANNAH,GEORGIA 31404 MAY 19,2011 ELIZABETH PLAGEMAN N/A Re: Property: 603 BUTLER AVENUE UNIT 15 TYBEE ISLAND,GA 31328-8703 Borrower: N/A File No.: 11Z-19067 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. SINCERELY, JASON SCOTT GA#268130 • Dewitt,Cook&Associates Main File No.11 Z-190671 Page#3 Summary Appraisal Report Exterior-Only Inspection Residential Appraisal Report File# 11Z-19067 The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND State GA Zip Code 31328-8703 Borrower N/A Owner of Public Record TYBEE TERRACE COTTAGES INC. County CHATHAM Legal Description LTS 2A THRU 9A+LOTS 2B THRU 7B+E 30 FT LT 8B+W 49 FT LT 8B WARD 2 TYBEE Assessor's Parcel# 4-0005-10-001 Tax Year 2010 R.E.Taxes$ Neighborhood Name TYBEE TERRACE COTTAGES Map Reference CHAT. 157 B-4 Census Tract 0111.03 Occupant ❑ Owner ❑Tenant ® Vacant Special Assessments$ NONE ❑ PUD HOA$ NONE [11 per year ❑ per month Property Rights Appraised ❑ Fee Simple ❑ Leasehold X] Other(describe) COOPERATIVE-INTEREST IS SHARED AMONG OWNERS Assignment Type ❑ Purchase Transaction ❑ Refinance Transaction ® Other(describe) ESTIMATE MARKET VALUE Lender/Client ELIZABETH PLAGEMAN Address N/A Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? ❑Yes X] No Report data source(s)used,offering price(s),and date(s). ACCORDING TO OUR LOCAL MLS,THE SUBJECT PROPERTY HAS NOT BEEN LISTED WITHIN THE PAST 12 MONTHS. I ❑ did j] did not analyze the contract for sale for the subject purchase transaction.Explain the results of the analysis of the contract for sale or why the analysis was not performed. N/A Contract Price$ N/A Date of Contract N/A Is the property seller the owner of public record? ❑Yes ❑No Data Source(s) N/A 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 If Yes,report the total dollar amount and describe the items to be paid. N/A N/A Note:Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics One-Unit Housing Trends One-Unit Housing Present Land Use% Location ❑ Urban X Suburban ❑ Rural Property Values ❑ Increasing X Stable ❑ Declining PRICE AGE One-Unit 75% Built-Up X Over 75% ❑ 25-75% ❑ Under 25% Demand/Supply ❑ Shortage ❑ In Balance XI Over Supply $(000) (yrs) 2-4 Unit 8% Growth ❑ Rapid X Stable ❑ Slow Marketing Time ❑ Under 3 mths ❑ 3-6 mths ® Over 6 mths 110 Low NEW Multi-Family 5% Neighborhood Boundaries THE NEIGHBORHOOD BOUNDARIES CONSIDERED ARE ALL SIMILAR PROPERTIES 2 MILL High loo+ Commercial 12% LOCATED ON TYBEE ISLAND. 400 Pred. 30 Other o% Neighborhood Description TYBEE ISLAND IS A 25 MINUTE DRIVE EAST OF SAVANNAH VIA U.S.HWY 80. THE ISLAND IS 1.5 MILES LONG FROM NORTH TO SOUTH AND ABOUT 1/3 OF A MILE WIDE. IT IS A MAJOR ATTRACTION FOR SUMMER VACATIONERS FROM GEORGIA AND ALSO A PERMANENT HOME TO ABOUT 3600 CHATHAM COUNTY RESIDENTS. Market Conditions(including support for the above conclusions) PUBLIC RECORDS,MLS STATISTICS,AS WELL AS PRIVATE SALE/RESALE OF PROPERTIES IN THE AREA SUPPORT A FAIRLY STABLE MARKET AT THIS TIME.CURRENT SUPPLY EXCEEDS DEMAND ON TYBEE ISLAND.MARKETING TIME MAY EXCEED 180 DAYS. Dimensions SEE ADDENDA Area 1.62 ACRES Shape TYPICAL View SIMILAR PROPS Specific Zoning Classification R-2 Zoning Description RESIDENTIAL Zoning Compliance N 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? NI Yes ❑ No If No,describe Utilities Public Other(describe) Public Other(describe) Off-site Improvements-Type Public Private Electricity N ❑ Water N ❑ Street ASPHALT/PAVED ® ❑ Gas ❑ ❑ NONE Sanitary Sewer N ❑ Alley NONE ❑ ❑ FEMA Special Flood Hazard Area ®Yes ❑ No FEMA Flood Zone AE FEMA Map# 13051CO213F FEMA Map Date 9/26/2005 Are the utilities and off-site improvements typical for the market area? N Yes ❑ No If No,describe Are there any adverse site conditions or external factors(easements,encroachments,environmental conditions,land uses,etc.)? ❑Yes X No If Yes,describe NO APPARENT ADVERSE EASEMENTS OR ENCROACHMENT WERE NOTED OR OBSERVED THAT WOULD AFFECT MARKET VALUE OF THE SUBJECT PROPERTY.LOCATION OF THE SUBJECT PROPERTY APPEARS TO BE IN A DESIGNATED FEMA FLOOD HAZARD AREA. Source(s)Used for Physical Characteristics of Property X Appraisal Files Li MLS Li Assessment and Tax Records ❑ Prior Inspection X Property Owner ® Other(describe) CURRENT INTERIOR INSPECTION Data Source for Gross Living Area INSPECTION General Description General Description Heating/Cooling Amenities Car Storage Units X One Li One with Accessory Unit X Concrete Slab Li Crawl Space N FWA U HWBB Li Fireplace(s)# X None #of Stories ONE ❑ Full Basement ❑ Finished 0 Radiant ❑ Woodstove(s)# ❑ Driveway #of Cars T le ❑ Det. ❑ Att. X S-Det./End Unit ❑ Partial Basement ❑ Finished ❑ Other ❑ Patio/Deck Driveway Surface X Existing ❑ Proposed ❑ Under Const. Exterior Walls BLOCK Fuel GAS X Porch C/ENTRY ❑ Garage #of Cars Design(Style) 1-STORY/AVG Roof Surface SHINGLE ❑ Central Air Conditioning ❑ Pool ❑ Carport #of Cars Year Built 1945 Gutters&DownspoutsNoNE ❑ Individual ❑ Fence ❑ Attached ❑ Detached Effective Age(Yrs)35 Window Type S/H METAL Li Other ❑ Other ❑ Built-in Appliances Li Refrigerator Li Range/Oven Li Dishwasher LJ Disposal ❑ Microwave Li Washer/Dryer Li Other(describe) NO APPLIANCES Finished area above grade contains: 4 Rooms 1 Bedrooms 1 Bath(s) 500 Square Feet of Gross Living Area Above Grade Additional features(special energy efficient items,etc.) COVERED ENTRY. Describe the condition of the property and data source(s)(including apparent needed repairs,deterioration,renovations,remodeling,etc.).THE SUBJECT PROPERTY IS IN NEED OF RENOVATION AND IS CURRENTLY IN FAIR CONDITION.NO FUNCTIONAL OR EXTERNAL OBSOLESCENCE NOTED OR OBSERVED.THE QUALITY OF CONSTRUCTION IS CONSIDERED TO BE AVERAGE BY LOCAL STANDARDS AND CODES. Are there any apparent physical deficiencies or adverse conditions that affect the livability,soundness,or structural integrity of the property? ❑ Yes X No If Yes,describe. APPRAISER ASSUMES NO LIABILITY FOR STRUCTURAL OR MECHANICAL ELEMENTS OF THE SUBJECT PROPERTY.A HOME INSPECTOR OR OTHER QUALIFIED INDIVIDUAL IS RECOMMENDED FOR A PROPER ASSESSMENT. Does the property generally conform to the neighborhood(functional utility,style,condition,use,construction,etc.)? X Yes ❑ No If No,describe. THE SUBJECT PROPERTY CONFORMS WITH THE SURROUNDING NEIGHBORHOOD WITH RESPECT TO FUNCTIONAL UTILITY,STYLE,CONDITION,USE AND QUALITY OF CONSTRUCTION. 'reddie Mac Form 2055 March 2005 Page 1 of 6 Fannie Mae Form 2055 March 2005 Form 2055—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-19067I Page#4 Exterior-Only Inspection Residential Appraisal Report File# 11Z-19067 There are 141 comparable properties currently offered for sale in the subject neighborhood ranging in price from $ 115,000 to$ 2,900,000 . There are 69 comparable sales in the subject neighborhood within the past twelve months ranging in sale price from$ 112,500 to$ 1,670,000 . FEATURE SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Address 603 BUTLER AVENUE UNIT 15 301 10TH STREET 1513 JONES AVENUE 1003 LAUREL AVENUE TYBEE ISLAND,GA 31328-8703 TYBEE ISLAND,GA 31328 TYBEE ISLAND,GA 31328 TYBEE ISLAND,GA 31328 Proximity to Subject 0.40 miles SW 0.98 miles SW 1.11 miles NW Sale Price $ N/A $ 219,000 $ 170,000 $ 173,500 Sale Price/Gross Liv.Area $ sq.ft. $ 305.87 sq.ft. $ 236.11 sq.ft. $ 126.18 sq.ft. Data Source(s) LOCAL MLS/APPRAISER FILES LOCAL MLS/APPRAISER FILES LOCAL MLS/APPRAISER FILES Verification Source(s) _ TAX ASSESSOR/PUB RECORDS TAX ASSESSOR/PUB RECORDS TAX ASSESSOR/PUB RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-)$Adjustment DESCRIPTION +(-)$Adjustment DESCRIPTION +(-)$Adjustment Sales or Financing CASH SALE CASH SALE CASH SALE Concessions Date of Sale/Time 12/17/2010 01/14/2011 05/10/2011 Location TYBEE ISLAND TYBEE ISLAND TYBEE ISLAND TYBEE ISLAND Leasehold/Fee Simple COOPERATIVE FEE SIMPLE FEE SIMPLE FEE SIMPLE Site SEE ADDENDA 4,734 SF 5,830 SF 9,000 SF View SIMILAR PROPS SIMILAR PROPS SIMILAR PROPS SIMILAR PROPS Design(Style) 1-sip RY/AVG 1-STORY/AVG 1-STORY/AVG 1-STORY/AVG Quality of Construction AVG/BLOCK AVG/BLK,SIDG AVG/SIDING AVG/SIDING Actual Age 1945 estimated 1953 1920 1954 Condition FAIR AVERAGE/GOOD -21,900 AVERAGE/GOOD -17,000 FAIR Above Grade Total Bdrms. Baths Total Bdrms. Baths -2,500 Total Bdrms. Baths -5,000 Total Bdrms. Baths -5,000 Room Count 4 1 1 4 2 1 5 3 1 5 3 1 Gross Living Area 500 sq.ft. 716 sq.ft. -3,240 720 sq.ft, -3,300 1,375 sq.ft. -13,125 Basement&Finished NONE NONE NONE NONE Rooms Below Grade Functional Utility AVERAGE AVERAGE AVERAGE AVERAGE ' Heating/Cooling FWA WALL UNIT WALL UNIT CENTRAL -3,500 ' Energy Efficient Items STANDARD STANDARD STANDARD STANDARD Garage/Carport OPEN PARKING OPEN PARKING 1-GARAGE -1,500 1-GARAGE -1,500 Porch/Patio/Deck C/ENTRY S/PRCH,C/PRCH -1,500 S/PORCH -500 C/ENTRIES -500 LAND VALUE NONE -150,000 -125,000 -125,000 Net Adjustment(Total) ❑ + X - $ -179,140 ❑ + N - $ -152,300 ❑ + ® - $ -148,625 Adjusted Sale Price Net Adj. 81.8 % Net Adj. 89.6 % Net Adj. 85.7 % of Comparables Gross Adj. 81.8 % $ 39,860 Gross Adj. 89.6 % $ 17,700 Gross Adj. 85.7 % $ 24,875 I N did ❑ did not research the sale or transfer history of the subject property and comparable sales.If not,explain My research ❑ did N did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source(s) GSCCCA.ORG/TAX ASSESSOR My research ❑ did X 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) GSCCCA.ORG/TAX ASSESSOR Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales(report additional prior sales on page 3), ITEM SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Date of Prior Sale/Transfer NO PRIOR SALE NO PRIOR SALE NO PRIOR SALE NO PRIOR SALE Price of Prior Sale/Transfer WITHIN THREE YEARS WITHIN 12 MONTHS WITHIN 12 MONTHS WITHIN 12 MONTHS Data Source(s) TAX ASSESS/MLS/GSCCCA TAX ASSESS/MLS/GSCCCA TAX ASSESS/MLS/GSCCCA TAX ASSESS/MLS/GSCCCA Effective Date of Data Source(s) 5/19/2011 5/19/2011 5/19/2011 5/19/2011 Analysis of prior sale or transfer history of the subject property and comparable sales ALL PRIOR SUBJECT SALES ARE LISTED OR OCCURRED MORE THAN 36 MONTHS AGO.ALL PRIOR COMPARABLE SALES ARE LISTED OR OCCURRED MORE THAN 12 MONTHS AGO. Summary of Sales Comparison Approach SEE ATTACHED ADDENDA. Indicated Value by Sales Comparison Approach$ 25,000 Indicated Value by:Sales Comparison Approach$ 25,000 Cost Approach of developed)$ xXxxxxxxx Income Approach(if developed)$ XXXXXXXXX COST APPROACH IS INAPPLICABLE DUE TO FORM OF OWNERSHIP.INCOME APPROACH WAS NOT REQUESTED NOR IS IT DEEMED RELIABLE TO DETERMINE A CREDIBLE ESTIMATE OF MARKET VALUE.THE SALES COMPARISON APPROACH IS DEEMED THE BEST INDICATION OF VALUE AS IT REFLECTS BUYERS AND SELLERS ACTIONS IN THE MARKET. This appraisal is made N "as is", ❑ subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, [] subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or ❑ subject to the following required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair: NO WARRANTY OF THE APPRAISAL IS GIVEN OR IMPLIED.NO LIABILITY IS ASSUMED FOR THE STRUCTURAL OR MECHANICAL ELEMENTS OF THE PROPERTY. Based on a visual inspection of the exterior areas of the subject property from at least the street, 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 $ 25,000 ,as of 5/18/2011 , which is the date of inspection and the effective date of this appraisal. =reddie Mac Form 2055 March 2005 Page 2 of 6 Fannie Mae Form 2055 March 2005 Form 2055-"WinTOTAL"appraisal software by a la mode,inc.-1-800-ALAMODE Main File No.11Z-190671 Pane#5 Exterior-Only Inspection Residential Appraisal Report File/f 11Z-19067 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"DRIVE-BY 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 NOT A FUNCTION OF 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 TERMITE OR WOOD DESTROYING ORGANISM INSPECTOR OR ENVIRONMENTAL INSPECTOR OR PROFESSIONAL MECHANICAL SYSTEMS INSPECTOR OR A PROFESSIONAL WELL AND SEPTIC SYSTEMS INSPECTOR.IMPROVEMENT RATINGS AND 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 THIS APPRAISAL. IT IS NOT A PART OF THE SCOPE OF THIS 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 A SCOPE OF THIS 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 OF THE SUBJECT PROPERTY.ATTEMPT OF DISCOVERY OF POTENTIAL ADVERSE INFLUENCES AS A RESULT OF HUMAN BEHAVIOR IS NOT PART OF THE SCOPE OF THIS APPRAISAL. I HAVE NO CURRENT OR PROSPECTIVE INTEREST IN THE SUBJECT PROPERTY OR THE PARTIES INVOLVED;AND NO SERVICES WERE PERFORMED BY THE APPRAISER WITHIN THE 3 YEAR PERIOD IMMEDIATELY PRECEDING THE ACCEPTANCE OF THIS ASSIGNMENT,AS AN APPRAISER OR IN ANY CAPACITY. 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) NO LAND VALUE DUE TO TYPE OF OWNERSHIP ESTIMATED ❑ REPRODUCTION OR ❑ REPLACEMENT COST NEW OPINION OF SITE VALUE =5 Source of cost data DWELLING Sq.Ft.@$ _ _ =$ Quality rating from cost service Effective date of cost data Sq.Ft.@$ _$ Comments on Cost Approach(gross living area calculations,depreciation,etc,) - - - =g COST APPROACH IS INAPPLICABLE DUE TO FORM OF OWNERSHIP Garage/Carport Sq.Ft.@$ ...._.._ =$ Total Estimate of Cost-New =$ Less Physical Functional External Depreciation =$( Depreciated Cost of Improvements =$ "As-is"Value of Site Improvements =$ Estimated Remaining Economic Life(HUD and VA only) Years INDICATED VALUE BY COST APPROACH =$ INCOME APPROACH TO VALUE(not required by Fannie Mae) , Estimated Monthly Market Rent$ xxXxxxx X Gross Rent Multiplier xXXxxx =$ xxXxXx Indicated Value by Income Approach Summary of Income Approach(including support for market rent and GRM) INCOME APPROACH WAS NOT REQUESTED NOR IS IT DEEMED RELIABLE TO DETERMINE A CREDIBLE ESTIMATE OF MARKET VALUE. PROJECT INFORMATION FOR PUDs(if applicable) Is the developer/builder in control of the Homeowners'Association(HOA)? ❑Yes ❑ No Unit type(s) ❑ Detached ❑ Attached Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit. Legal Name of Project Total number of phases Total number of units Total number of units sold Total number of units rented Total number of units for sale Data source(s) Was the project created by the conversion of existing building(s)into a PUD? ❑ Yes ❑ No If Yes,date of conversion Does the project contain any multi-dwelling units? ❑ Yes ❑ No Data Source(s) Are the units,common elements,and recreation facilities complete? ❑Yes ❑ No If No,describe the status of completion. Are the common elements leased to or by the Homeowners'Association? ❑Yes ❑ No If Yes,describe the rental terms and options. Describe common elements and recreational facilities. =reddie Mac Form 2055 March 2005 Page 3 of 6 Fannie Mae Form 2055 March 2005 Form 2055—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#6 Exterior-Only Inspection Residential Appraisal Report File# 11Z-19067 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 visual inspection of the exterior areas of the subject property from at least the street, (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. The appraiser must be able to obtain adequate information about the physical characteristics (including, but not limited to, condition, room count, gross living area, etc.) of the subject property from the exterior-only inspection and reliable public and/or private sources to perform this appraisal. The appraiser should use the same type of data sources that he or she uses for comparable sales such as, but not limited to, multiple listing services, tax and assessment records, prior inspections, appraisal files, information provided by the property owner, etc. 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 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. 3. 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. 4. 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 this 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. 5. 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. =reddie Mac Form 2055 March 2005 Page 4 of 6 Fannie Mae Form 2055 March 2005 Form 2055—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE • 'Main File No.11Z-190671 Pane#7 Exterior-Only Inspection Residential Appraisal Report File# 11Z-19067 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 visual inspection of the exterior areas of the subject property from at least the street. 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 furnished 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 I 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. 'reddie Mac Form 2055 March 2005 Page 5 of 6 Fannie Mae Form 2055 March 2005 Form 2055—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#8 Exterior-Only Inspection Residential Appraisal Report File# 11Z-19067 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. 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 JASON SCOTT KITCHELL SUPERVISORY APPRAISER(ONLY IF REQUIRED) Signature Signatun .wir Name JASON SCOTT _ Name ■ - • .-•OK Company Name DEW! COOK i ASSOCIATES Company Name DEWITT COOK&ASSOCIATES Company Address 2807A ROGER LACEY AVENUE Company Address 2807 A ROGER LACEY AVENUE SAVANNAH GA. SAVANNAH,GA 31404 31404 Telephone Number 912-353-8755 Telephone Number 912-353-8755 Email Address JASONK @DEWITTAPPRAISALS.COM Email Address CHRIS @DEWITTAPPRAISALS.COM Date of Signature and Report May 23,2011 Date of Signature May 23,2011 Effective Date of Appraisal 5/18/2011 State Certification # CR 208148 State Certification # or State License# or State License# GA#268130 State GA or Other(describe) State# Expiration Date of Certification or License 5/31/2011 State GA Expiration Date of Certification or License 4/30/2012 SUBJECT PROPERTY ADDRESS OF PROPERTY APPRAISED 603 BUTLER AVENUE UNIT 15 X Did not inspect subject property TYBEE ISLAND,GA 31328-8703 ❑ Did inspect exterior of subject property from street Date of Inspection APPRAISED VALUE OF SUBJECT PROPERTY$ 25,000 LENDER/CLIENT COMPARABLE SALES Name M Did not inspect exterior of comparable sales from street Company Name ELIZABETH PLAGEMAN [� Did inspect exterior of comparable sales from street Company Address N/A Date of Inspection Email Address =reddie Mac Form 2055 March 2005 Page 6 of 6 Fannie Mae Form 2055 March 2005 Form 2055—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Dewitt,Cook&Associates Main File No.11Z-190671 Page#9 • 1 FIRREA / USPAP ADDENDUM Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN Purpose . THE PURPOSE OF THIS APPRAISAL IS TO ESTIMATE THE MARKET VALUE OF THE FEE SIMPLE INTEREST IN THE ABOVE IDENTIFIED PROPERTY AS OF THE VALUATION DATE. Scope RESIDENTIAL PROPERTY IS BEST VALUED USING THE SALES COMPARISON APPROACH.THE INITIAL STEP IN THE APPRAISAL PROCESS IS GATHERING INFORMATION PERTAINING TO THE SUBJECT WHICH INCLUDES AD VALOREM TAX DATA,ZONING,UTILITIES AND FLOOD PLAIN.THE ACTUAL IMPROVEMENTS ARE INSPECTED,MEASURED AND COUNTY PLATS ARE ANALYZED.THE NEIGHBORHOOD AND SURROUNDING AREAS ARE ALSO ANALYZED TO DETERMINE FUTURE TRENDS.COMPARABLE SALES ARE IDENTIFIED AND VERIFIED.THESE SALES ARE THEN COMPARED AND ADJUSTED IN RELATION TO THE SUBJECT TO DETERMINE AN ESTIMATE OF MARKET VALUE. Intended Use/Intended User THIS APPRAISAL IS INTENDED FOR USE BY THE CLIENT AND IS NOT INTENDED FOR USE FOR ANY OTHER PURPOSE OR BY ANY OTHER PARTY. History of Property Current listing information: ACCORDING TO OUR LOCAL MLS,THE SUBJECT PROPERTY IS NOT CURRENTLY LISTED FOR SALE. Prior sale: SEE REPORT Exposure Time/Marketing Time SEE REPORT Personal(non-realty)Transfers NONE NOTED Additional Comments 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 IN THE SUBJECT 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 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 DIGITAL SIGNATURE ON THIS REPORT IS PROTECTED AND ONLY THE APPRAISER MAINTAINS CONTROL OF THE SIGNATURE. THIS CONTROL IS MAINTAINED BY A PASSWORD. ELECTRONICALLY AFFIXING A SIGNATURE TO THIS REPORT CARRIES THE SAME LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AN INK SIGNATURE ON A PAPER COPY REPORT. Certification Supplement 1. This appraisal assignment was not based on a requested minimum valuation,a specific valuation,or an approval of a loan. 2. My compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate,the attainment of a stipulated result or the occurrence of a subsequent event. 3.I CERTIFY THAT THE USE OF THIS REPORT IS SUBJECT TO THE REQUIREMENTS OF THE APPRAISAL INSTITUTE RELATING TO THE REVIEW BY ITS DULY AUTHORIZED REPRESENTATIVES. Appraiser(s): JASON SCO Supervisory Appraiser(C0/I PHER J.COOK Effective date/Report date: 5/18/2011 Effective date/Report date: 5/18/2011 Form FUA—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#10 Subject Photo Page Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN '�'-' lF: . Subject Front a, - '" , 4 603 BUTLER AVENUE UNIT 15 r, •y * , Sales Price N/A *. r• •5, t. rf' GLA 500 4�> ` '? '°° 4 ,,-''* ' Total Rooms 4 >fti ° 1 1 t ` .� .'1* Total Bedrms 1• — - Total Bathrms 1 - — .r. Location TYBEE ISLAND _ _- View SIMILAR PROPS •c Site SEE ADDENDA �_. I r , _ ..... Quality AVG/BLOCK if F Age 1945 estimated le I. _ .,., ° MI. . w Subject Rear r , , I ,o , _ , i,.. , ,, • • , ,f ....i. - A .__: . j i%/t. r !i _, f47 i 1.. 4A3Q _ a ft ' ..—_--......-- Subject Street d vim mt. r ;�;� _ � 4 Form PIC4x6.SR—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11 Z-190671 Page#111 Comparable Photo Page Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN is .,;,a ill .'' '' ', ., , -r Comparable 1 a '' • t + .* 1. r••s•-i y 4e.,•' ', •i 301 10TH STREET re' f r■ tcl { • * ' `'" "`� Proximity 0.40 miles SW ' � .� ! 1' * ; - Sale Price 219,000•4. ".1,.• .,r- , , • . , `r,, * `, GLA 716 Total Rooms a ": Total Bedrms 2 ■ I _ Total Bathrms 1 0 - Location TYBEE ISLAND {" View SIMILAR PROPS ' Y J_ .'a,�•.� �; } Site 4,734 SF , • .. Quality AVG/BLK,SIDG ,SIDG • 4 j _' r • -_ Age 1953 Aligmli.... need ; ,fit: . ' 4sAiiiic - k z ;,t,',- ; � ,.. �' • iliT q •,,. '. - Comparable 2 - ri ,i• * , f 1513 JONES AVENUE l I , ''t�' y �,.' I ,' y Proximity 0.98 miles SW I 6,:k I a rf' .'. ' Sale Price 170,000 t + ` 1 r` at: GLA 720 t "' Total Rooms 5 ' t > ' ' Total Bedrms 3 - --- "_ Total Bathrms 1 ,.�' I 4. Location TYBEE ISLAND lip,,.- - �_ View SIMILAR PROPS `���► Site 5,830 SF • 1 -.14 Quality AVG/SIDING . 1 _ , Age 1920 JRR .1,7Y w... . • r r - :- " '"�' " - `'', Comparable 3 -4.- - t r � ' 1003 LAUREL AVENUE r.1 Proximity 1.11 miles NW 1 M1 ' x -' Sale Price 173,500. . ,.r� " �1 '' GLA 1,375 ,•r• - — •?./.• i. Total Rooms 5 -.- .a•"'``'• ry ,^. r• °-}' Total Bedrms 3 i, .. V i ,,,-A Total Bathrms 1 ! 2l,fe -si ' - =-,q !, Location TYBEE ISLAND View SIMILAR PROPS K _ Site 9,000 SF �y Quality AVG/SIDING tb.c z.- .. ; Age 1954 .ems __._4 pl , ____ . . _ . , .4 'i:. Form PIC4x6.CR—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE • Main File No.11Z-190671 Page#12 Plat Map Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN Printing: Layout Page Page 1 of 1 G SAGIS 603 BUTLER AVENUE Savannah Area Geographic Information System �L r ,:11-:RJ i 4'(-,?JO +r r rr ?•i 2.7 /GD .,tilt' err 7'fit7` r or �lr 1 �r r 0 4r sq rd r ^,r Q} ,-...4_ t Imo` 9 r ,`-T Ii„ ' Amt ` , S 13 r.,tU `rr r` r 1W- 4 17pt.r 166~ r i '� •r 7-'m .7-._ r rr 25 rr r + ;.5 ' r r� ,t3 0 r 6A v. r rr too �� rr: r ` /.�J? 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"1.84' 1 •, !t.Or (r!- r 4 mr L. 79r .7 r 3)r (3 r r(17g, r. 12 Ca -•1.1 ] Z r' (6` 8 r+ 1fIA r �� r t*`�f ' 'fl o hr [CC /v2 cv r ? 791(3'1r rr(T3� + '' + °1g?ft4 +r5 J`...'".r. `?-^r i r'• f6` 71 &/ (3 rA rr 19 �(T3Ah/ ``A -o , (GCy 6 1 +1 r ` r ± L,,r t-r(34.---______,,© err r f7 rr(lgjfJ�$ •y , 1` 14H-c •s0 (Ai it ,", a 1Q� 1,)r 1Sg rS)rr elf -1 .,1r§ , „�1i 97Jt're'X +(B) 1 '`r• ` -r .(34 r +rT L �)r r r -I' ~~� ��� h r3 4q1 rr G9J(14 r. r �,,, F 58(,, g r"?8) y r � t� I r �.'r r (7( r) r (46„r i(7 ).1,_�A;' .` 22 1 7 A , ~' ''r,•;r �r(9,/ 2y.- �4t�-t -y ?3 ('0/1 l f+ro (32,q)r� r'1T 7%4-. 4'k � r (8) (7) (J fit . 47J �rrre jiff- .1 i8 . . 1/43..1,76.�I� i. ,N)I`'' - - • 60 (9) f3)� ``--tip_ 1 �ms���et� I i ' + .1509 '10 rr 3` �4/ `7!(TJ j- --'- Ir 'th S.t / rowv.d by e,.•.nw, http://sagis.org/app/print.aspx 5/19/2011 Form MAP.PLAT—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#13 Location Map Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN bsn Comparable # 3 I1003 LAUREL AVENUE TYBEE ISLAND, GA 31328 1.11 miles NW 0 II„ Fort Srbveri L. '' 1":"‘ 80 a 55ea �9 t•(trr j ,, Subject �` 4 ' 603 BUTLER AVENUE UNIT 15 TYBEE ISLAND, GA 31328 04* r am 714,St___ ''4..;._-_ c : (O 1', 9117 s1-4 /R1 , ; S ' �` Comparable # 1 see r�i ,x1 say 301 10TH STREET 6ea.. TYBEE ISLAND, GA 31328 . - ;, 0.40 miles SW =ii t_ _ Comparable # 2 1513 JONES AVENUE TYBEE ISLAND, GA 31328 0.98 miles SW Scale r,i l 0.2 ` 0.4 ' C.5 ' 62011 MirrosnR Cory 62008 Nd4TEQ.and/orTele Oa S.Ino. Form MAP.LOC—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE (Main File No.11Z-190671 Page#14 Supplemental Addendum File No.11z-19067 Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN THE SUBJECT PROPERTY IS PART OF A COOPERATIVE IN WHICH OWNERS HAVE SHARES OF INTEREST IN THE ENTIRE PROPERTY AT 603 BUTLER AVENUE. NO INDIVIDUAL LOTS ARE DESIGNATED.OWNERS PAY A REGIME FEE IN WHICH TAXES, INSURANCE, EXTERIOR MAINTENANCE AND WATER ARE PAID FOR THE ENTIRE PROPERTY. THE APPRAISER WAS ASKED TO PROVIDE A VALUE FOR THE EXISTING IMPROVEMENTS ONLY FOR UNIT 15 AT 603 BUTLER AVENUE. IN ORDER TO PROVIDE A VALUE,THE APPRAISER USED SINGLE-FAMILY HOMES AND MADE ADJUSTMENTS FOR SIGNIFICANT DIFFERENCES FROM THE SUBJECT PROPERTY.BEDROOMS WERE ADJUSTED @$2,500.CONDITION ADJUSTMENTS WERE MADE @ 10%OF THE SALES PRICE. IN CONCLUSION,THE APPRAISER DEDUCTED THE ESTIMATED LOT VALUES FOR ALL COMPARABLE SALES IN ORDER TO ARRIVE AT AN ESTIMATED,AS-IS IMPROVEMENT VALUE.THE ESTIMATED LOT VALUES WERE DETERMINED BY LAND SALES AND THE APPRAISER'S KNOWLEDGE OF THE SUBJECT MARKET. YEAR BUILT FOR THE SUBJECT WAS ESTIMATED DUE TO THE FACT THAT AN EXACT YEAR BUILT FOR THE SUBJECT PROPERTY WAS UNABLE TO BE DETERMINED. Form TADD—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#15 Building Sketch Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN First Floor 25' [500 Sq ft] Bedroom Kitchen m C O Dining Living 25' oavmci by a la mode,Inc. Area Calculations Summary Living Area Calculation Details First Floor 500 Sq It 20 x 25 = 500 Total Living Area(Rounded): 500 Sq ft Form SKT.BldSkl—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE Main File No.11Z-190671 Page#16 Flood Map Borrower/Client N/A Property Address 603 BUTLER AVENUE UNIT 15 City TYBEE ISLAND County CHATHAM State GA Zip Code 31328-8703 Lender ELIZABETH PLAGEMAN ,et. Prepared for: p IntorFlood Dewitt, Cook &Associates d by A IA r+,r±.t» 603 BUTLER AVENUE UNIT 15 r www.interflood,com • 1-800-252-6633 TYBEE ISLAND, GA 31328 +}.a, • ,4"41 -.1 .. 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Map Number l' ( .., : r ! 13051CO213F• • •-' ''e 4 ▪ „ •• • 1 Effective Date t7 ti•'°, c• �''. * •`.' t.•�...•• a..• \ September 26.2003• .'.�4r t?• •., N,• aR5 •,:...:-......:-.:•10::.: • •r••• -• I •.r, is ., w • ., i,...: .:* .4:::* .` '.*.•:;',:::9,: ::!',51,4,4. > 1 0' 30D' 600' 900' 1200' i Powered by FroodSource 877.77.FLOOD • wvanv.f food souree.00m / 1 159-2D10 SourcoProse andtor FWi dSource Corporations.All rights reserved.Patents 6.531,326 and 8.873,x315.Other patents pending. For Info: indo @floodsource.cam. • Form MAP.FLOOD—"WinTOTAL"appraisal software by a la mode,inc.—1-800-ALAMODE