from: invoice invoice number · 2017. 11. 2. · 2016 1,724.59 0 deborah j. iseman c/o lawrence h....

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Client File No. Form NIV3_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE J B Lofton Realty & Appraisals J B Lofton Realty & Appraisals J B Lofton Realty & Appraisals P.O. Box 1026 214 Market Street Cheraw, SC 29520 (843) 921-7046 Mr. Lawrence H. Molnar 7340 Hunter Branch Dr Atlanta, GA 30328 A728 01/23/2017 A728 A728 57-0757002 Mr. Lawrence H. Molnar 819 Triple Creek Rd Mount Croghan Chesterfield SC 29727 Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867 600.00 600.00 0 600.00 INVOICE FROM: Telephone Number: Fax Number: TO: Telephone Number: Fax Number: Alternate Number: E-Mail: INVOICE NUMBER DATE REFERENCE Internal Order #: Client File #: Main File # on form: Other File # on form: Federal Tax ID: Employer ID: Client: Property Address: City: County: State: Zip: Legal Description: $ DESCRIPTION FEES AMOUNT SUBTOTAL PAYMENTS AMOUNT Check #: Date: Description: Check #: Date: Description: Check #: Date: Description: SUBTOTAL TOTAL DUE

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Page 1: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No.

Form NIV3_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

J B Lofton Realty & Appraisals

J B Lofton Realty & Appraisals

J B Lofton Realty & Appraisals

P.O. Box 1026

214 Market Street

Cheraw, SC 29520

(843) 921-7046

Mr. Lawrence H. Molnar

7340 Hunter Branch Dr

Atlanta, GA 30328

A728

01/23/2017

A728

A728

57-0757002

Mr. Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan

Chesterfield SC 29727

Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867

600.00

600.00

0

600.00

INVOICEFROM:

Telephone Number: Fax Number:

TO:

Telephone Number: Fax Number:

Alternate Number: E-Mail:

INVOICE NUMBER

DATE

REFERENCE

Internal Order #:

Client File #:

Main File # on form:

Other File # on form:

Federal Tax ID:

Employer ID:

Client:

Property Address:

City:

County: State: Zip:

Legal Description:

$

DESCRIPTION

FEES AMOUNT

SUBTOTAL

PAYMENTS AMOUNT

Check #: Date: Description:

Check #: Date: Description:

Check #: Date: Description:

SUBTOTAL

TOTAL DUE

Page 2: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 1

APPRAISAL OF REAL PROPERTY

819 Triple Creek Rd

Mount Croghan, SC 29727

Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867

Mr. Lawrence H. Molnar

7340 Hunter Branch Dr

Atlanta, GA 30328

$329,000

01/16/2017

JEREMY H LOFTON

J B Lofton Realty & Appraisals

P.O. BOX 1026, 214 MARKET STREET

CHERAW, SC 29520

(843) 537-2898

[email protected]

Form GA1V_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

LOCATED AT

FOR

OPINION OF VALUE

AS OF

BY

Page 3: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No.

A728Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Cover Page ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

USPAP Identification ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Letter of Transmittal ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

NEIGHBORHOOD MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - AERIAL TAX MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Building Sketch ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

GP Residential ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

GP Residential ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Additional Comparables 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

GP Residential ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

General Text Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

GP Residential ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

GP Residential Certifications Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - Partial Plat ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - Partial Plat ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - Partial Plat ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - FEMA FLOOD MAP (1) ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - FEMA FLOOD MAP (2) ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - USDA SOIL MAP - Page 1 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - USDA SOIL MAP - Page 2 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - USDA SOIL MAP - Page 3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SUBJECT - USDA SOIL MAP - Page 4 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Subject Photos ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Sales Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Sales 1 & 5 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Sales 2 & 6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Sales 3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Sales 4 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Photos 1-3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 1 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 2 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 3 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Comparable Photos 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 4 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 5 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SALE 6 - AERIAL MAP ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

APPRAISERS RESUME - Page 1 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

APPRAISERS RESUME - Page 2 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

APPRAISERS RESUME - Page 1 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

APPRAISERS RESUME - Page 2 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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Form TOCNP_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Owner

Client

File No.

Property Address

City County State Zip Code

TABLE OF CONTENTS

Page 4: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 2

Deborah J. Iseman c/o Lawrence H. Molnar A728

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

APPRAISAL AND REPORT IDENTIFICATION

2-2(a)

2-2(b)

Comments on Standards Rule 2-3

I certify that, to the best of my knowledge and belief:

- The statements of fact contained in this report are true and correct.

- The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional

analyses, opinions, and conclusions.

- Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved.

- Unless otherwise indicated, I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year

period immediately preceding acceptance of this assignment.

- I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.

- My engagement in this assignment was not contingent upon developing or reporting predetermined results.

- My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the

client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.

- My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that

were in effect at the time this report was prepared.

- Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report.

- Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of each

individual providing significant real property appraisal assistance is stated elsewhere in this report).

Comments on Appraisal and Report IdentificationNote any USPAP related issues requiring disclosure and any State mandated requirements:

JEREMY H LOFTON

SRA

2914

SC 06/30/2018

01/24/2017

01/16/2017

01/16/2017

01/24/2017

Form ID14_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Owner

Client

File No.

Property Address

City County State Zip Code

This Report is one of the following types:

Appraisal Report (A written report prepared under Standards Rule , pursuant to the Scope of Work, as disclosed elsewhere in this report.)

RestrictedAppraisal Report

(A written report prepared under Standards Rule , pursuant to the Scope of Work, as disclosed elsewhere in this report,restricted to the stated intended use by the specified client or intended user.)

APPRAISER:

Signature:

Name:

State Certification #:

or State License #:

State: Expiration Date of Certification or License:

Date of Signature and Report:

Effective Date of Appraisal:

Inspection of Subject: None Interior and Exterior Exterior-Only

Date of Inspection (if applicable):

SUPERVISORY or CO-APPRAISER (if applicable):

Signature:

Name:

State Certification #:

or State License #:

State: Expiration Date of Certification or License:

Date of Signature:

Inspection of Subject: None Interior and Exterior Exterior-Only

Date of Inspection (if applicable):

Page 5: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 3

J B Lofton Realty & Appraisals

P.O. BOX 1026, 214 MARKET STREET

CHERAW, SC 29520

(843) 537-2898

01/24/2017

Mr. Lawrence H. Molnar

7340 Hunter Branch Dr

Atlanta, GA 30328

Re: Property: 819 Triple Creek Rd

Mount Croghan, SC 29727

Borrower:

File No.: A728

Opinion of Value: $ 329,000

Effective Date: 01/16/2017

In accordance with your request, we have appraised the above referenced property. The report of that appraisal is

attached.

The purpose of the appraisal is to develop an opinion of market value for 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 opinion of value reported above is as of the stated effective date and is 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,

JEREMY H LOFTON

SRA

License or Certification #: 2914

State: SC Expires: 06/30/2018

[email protected]

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Client File No. Page # 4

SUBJECT MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 7: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 5

NEIGHBORHOOD MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 8: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 6

SUBJECT MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 9: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 7

SUBJECT - AERIAL TAX MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 10: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 8

Form SKT.BLDSKI - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Building Sketch

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

Page 11: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 9J B Lofton Realty & Appraisals

A728RESIDENTIAL APPRAISAL REPORT819 Triple Creek Rd Mount Croghan SC 29727

Chesterfield Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867

084-000-000-001, 002, & 039

2016 1,724.59 0

Deborah J. Iseman c/o Lawrence H. Molnar

0

Mt. Croghan 084-00-00-01,02,039 9503.00

To determine an opinion of fair market value for possible future sale.

Lawrence H. Molnar

Mr. Lawrence H. Molnar 7340 Hunter Branch Dr, Atlanta, GA 30328

JEREMY H LOFTON P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC 29520

15

300

90

5

80

26

30

5

Other 65

See attached addenda.

Various Dimensions (see attached plats) 76.92+/- Acres

General Development accommodates a variety of land uses in

unincorporated areas of Chesterfield Co.

Mini-Farm Mini-Farm

See attached addenda.

on-site tank

well-typical for area

septic tanks (2)

Dirt

none

none

yard

none

various gradual slopes

average

Irregular

Appears adequate

residential & woodlands

X 45025C0075C & 0225C 09/16/2011

Based on analysis of Assessor's records, recorded deeds & plats, the subject's site consists of approx. 76.92 acres. This

irregular shaped site is broken down into approx. 2 acres of farmstead, 5 acres of open land, a 3 acre pond; and approx 66.92 acres of

woodlands. The woodland areas consists of planted longleaf (2004/2005) and natural pines and hardwoods. Based on FEMA flood maps the

subject is not located in a flood zone. (see attached flood and soil maps).

1

1.5

Country

35

20

blk.brick/aver.

masonite sid./good

fib.shingle/aver.

none

dhg.wood/aver.

insulated/aver.

no

yes

none

none

none app.

none app.

none app.

forced air

heat pump

elec.

central air

Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.:

SU

BJE

CT

Property Address: City: State: Zip Code:

County: Legal Description:

Assessor's Parcel #:

Tax Year: R.E. Taxes: $ Special Assessments: $ Borrower (if applicable):

Current Owner of Record: Occupant: Owner Tenant Vacant Manufactured Housing

Project Type: PUD Condominium Cooperative Other (describe) HOA: $ per year per month

Market Area Name: Map Reference: Census Tract:

AS

SIG

NM

EN

T

The purpose of this appraisal is to develop an opinion of: Market Value (as defined), or other type of value (describe)

This report reflects the following value (if not Current, see comments): Current (the Inspection Date is the Effective Date) Retrospective Prospective

Approaches developed for this appraisal: Sales Comparison Approach Cost Approach Income Approach (See Reconciliation Comments and Scope of Work)

Property Rights Appraised: Fee Simple Leasehold Leased Fee Other (describe)

Intended Use:

Intended User(s) (by name or type):

Client: Address:

Appraiser: Address:

MA

RK

ET

AR

EA

DE

SC

RIP

TIO

N

Location: Urban Suburban Rural

Built up: Over 75% 25-75% Under 25%

Growth rate: Rapid Stable Slow

Property values: Increasing Stable Declining

Demand/supply: Shortage In Balance Over Supply

Marketing time: Under 3 Mos. 3-6 Mos. Over 6 Mos.

PredominantOccupancy

Owner

Tenant

Vacant (0-5%)

Vacant (>5%)

One-Unit Housing

PRICE

$(000)

Low

High

Pred

AGE

(yrs)

Present Land Use

One-Unit %

2-4 Unit %

Multi-Unit %

Comm'l %

%

Change in Land Use

Not Likely

Likely * In Process *

* To:

Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends):

SIT

E D

ES

CR

IPT

ION

Dimensions: Site Area:

Zoning Classification: Description:

Zoning Compliance: Legal Legal nonconforming (grandfathered) Illegal No zoning

Are CC&Rs applicable? Yes No Unknown Have the documents been reviewed? Yes No Ground Rent (if applicable) $ /

Highest & Best Use as improved: Present use, or Other use (explain)

Actual Use as of Effective Date: Use as appraised in this report:

Summary of Highest & Best Use:

Utilities Public Other Provider/Description Off-site Improvements Type Public Private

Electricity

Gas

Water

Sanitary Sewer

Storm Sewer

Street

Curb/Gutter

Sidewalk

Street Lights

Alley

Topography

Size

Shape

Drainage

View

Other site elements: Inside Lot Corner Lot Cul de Sac Underground Utilities Other (describe)

FEMA Spec'l Flood Hazard Area Yes No FEMA Flood Zone FEMA Map # FEMA Map Date

Site Comments:

IMP

RO

VE

ME

NT

S

General Description

# of Units Acc.Unit

# of Stories

Type Det. Att.

Design (Style)

Existing Proposed Und.Cons.

Actual Age (Yrs.)

Effective Age (Yrs.)

Exterior Description

Foundation

Exterior Walls

Roof Surface

Gutters & Dwnspts.

Window Type

Storm/Screens

Foundation

Slab

Crawl Space

Basement

Sump Pump

Dampness

Settlement

Infestation

Basement None

Area Sq. Ft.

% Finished

Ceiling

Walls

Floor

Outside Entry

Heating

Type

Fuel

Cooling

Central

Other

Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

3/2007

Page 12: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 10

A728RESIDENTIAL APPRAISAL REPORT

hw,carp,vinyl/abv.ave.

drywall&panel/abv.av.

wood/average

vinyl tile/abv.average

drywall/abv. average

hollow interior

solid exterior

1fp

screened porch

por & brzway

Other Cabin, grill shelt.

5

2 398/SF

3

dirt & gravel

8 3 2 1,980

The following items are worthy of mention as they contribute to the overall appeal. large site area (76.92 acres w/ 3+/- acre

pond), cabin, grille shelter, carport, breezeway and porches, screened porch, fireplace, wired alarm, floored attic storage, and appliances.

The subject is in above average to good condition for its age

and quality of construction. The improvements are adequate maintained with no functional inadequacies. No significant deficiencies are

observed and no repairs are required at this time. Recent up-dates include new siding, paint, and new storm doors.

819 Triple Creek Rd

Mount Croghan, SC 29727

Pers.inspection

owner/pub.rec.

Fee Simple

Rural/average

76.92+/- Acres

resid. & woodlands

Country

1.5sty siding/good

A35/ E(20)

Abv. Average

8 3 2

1,980

none

Typical

fa./cent.

Insl.Wndws.

2-car carport

por., brz, scr.por.

Fireplace,Stor,Etc cabin,fp,shelt,stor,etc

674 Triple Creek Rd

Mount Croghan, SC 29727

0.05 miles E

240,000

123.90

PDMLS #127019

ext.observation,public record

N/C

05/2016

Fee Simple

Rural/average

19.97 ac +131,500

resid.&woodlands

Neo Ecl.

1.5sty brick/sup. -5,800

A23/ E(10) -12,000

Abv. Average

6 3 2.5 -2,500

1,937 +1,700

min.fin.500sf -4,000

Typical

fa./cent.

vinyl windows 0

2-car garage -8,000

porch,lrg.deck +1,000

fenc,irr,barn(2),etc -13,000

88,900

328,900

2120 Macedonia Angelus Rd

Jefferson, SC 29718

11.55 miles S

287,900

117.80

CMLS #3141712

ext.observation,public record

N/C

05/2016

Fee Simple

Rural/average

37 ac +79,500

resid.&woodlands

Neo Ecl.

1.5sty brick/sup. -7,300

A6/ E(4) -23,000

Abv. Average

8 4 3.0 -5,000

2,444 -18,600

none

Typical

fa./cent.

Insl.Wndws.

2-car garage -8,000

cov. por (2) +1,000

fp,stor.,shed,appl +15,000

33,600

321,500

6227 Angelus Rd

Ruby, SC 29741

6.90 miles SE

250,000

136.99

PDMLS #124395

ext.observation,public record

N/C

06/2016

Fee Simple

Rural/average

15.33 ac +124,500

resid. &woodlands

Ranch

1sty siding/good

A16/ E(9) -13,800

Abv. Average

6 3 2.0

1,825 +6,200

none

Typical

fa./cent.

Insl.Wndws.

none +5,000

porch, patio +1,500

lrg barn,aprtmnt,etc -20,000

103,400

353,400

Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.:

DE

SC

RIP

TIO

N O

F IM

PR

OV

EM

EN

TS

(co

nti

nu

ed

)

Interior Description

Floors

Walls

Trim/Finish

Bath Floor

Bath Wainscot

Doors

Appliances

Refrigerator

Range/Oven

Disposal

Dishwasher

Fan/Hood

Microwave

Washer/Dryer

Attic None

Stairs

Drop Stair

Scuttle

Doorway

Floor

Heated

Finished

Amenities

Fireplace(s) #

Patio

Deck

Porch

Fence

Pool

Woodstove(s) #

Car Storage None

Garage # of cars ( Tot.)

Attach.

Detach.

Blt.-In

Carport

Driveway

Surface

Finished area above grade contains: Rooms Bedrooms Bath(s) Square Feet of Gross Living Area Above Grade

Additional features:

Describe the condition of the property (including physical, functional and external obsolescence):

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SALES COMPARISON APPROACH TO VALUE (if developed) The Sales Comparison Approach was not developed for this appraisal.

FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3

Address

Proximity to Subject

Sale Price $ $ $ $

Sale Price/GLA $ /sq.ft. $ /sq.ft. $ /sq.ft. $ /sq.ft.

Data Source(s)

Verification Source(s)

VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust.

Sales or Financing

Concessions

Date of Sale/Time

Rights Appraised

Location

Site

View

Design (Style)

Quality of Construction

Age

Condition

Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths

Room Count

Gross Living Area sq.ft. sq.ft. sq.ft. sq.ft.

Basement & Finished

Rooms Below Grade

Functional Utility

Heating/Cooling

Energy Efficient Items

Garage/Carport

Porch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $

Adjusted Sale Price

of Comparables $ $ $Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

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Client File No. Page # 11

A728ADDITIONAL COMPARABLE SALES

819 Triple Creek Rd

Mount Croghan, SC 29727

Pers.inspection

owner/pub.rec.

Fee Simple

Rural/average

76.92+/- Acres

resid. & woodlands

Country

1.5sty siding/good

A35/ E(20)

Abv. Average

8 3 2

1,980

none

Typical

fa./cent.

Insl.Wndws.

2-car carport

por., brz, scr.por.

Fireplace,Stor,Etc cabin,fp,shelt,stor,etc

3054 Zeb Deese Rd

Lancaster, SC 29720

18.46 miles W

350,000

121.07

PRMLS #1096810

ext.observation,public record

N/C

06/2015

Fee Simple

Rural/superior -17,500

21.00 ac +75,000

resid. &woodlands

Country

1.5sty siding/good

A15/ E(7) -22,800

Abv. Average

7 3 2.0

2,891 -36,400

none

Typical

fa./cent.

Insl. Wndws.

2-car garage -8,000

cov.por.,patio +2,000

fp,shop,stor,etc 0

-7,700

342,300

91 Rockhouse Rd

Mount Croghan, SC 29727

2.19 miles E

244,000

121.21

PDMLS #117510

ext.observation,public record

N/C

12/2016

Fee Simple

Rural/average

31.49 ac +105,500

resid. & woodlands

Country

1sty stone/inferior +6,000

A77/ E(28) +9,800

Inferior +2,000

7 2 2 +4,000

2,013 -1,300

none

Typical

fa./cent.

storm wndws. 0

2-car garage -8,000

por,scr.,patio 0

shops(4),office,etc -30,000

88,000

332,000

4243 Steen Rd

Mount Croghan, SC 29727

6.96 miles S

254,485

144.02

PDMLS #124544

ext.observation,public record

N/C

01/2016

Fee Simple

Rural/average

67.00 acres +32,500

resid. &woodlands

Country

1sty siding/good

A28/ E(14) -7,600

Abv. Average

6 2 2 +4,000

1,767 +8,500

none

Typical

fa./cent.

Insl.Wndws.

2-car garage -8,000

porch,lrg.deck 0

shop,2fp,fenc,appl. +5,000

34,400

288,885

Form GPRES2G_LT.(AC) - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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FEATURE SUBJECT COMPARABLE SALE # COMPARABLE SALE # COMPARABLE SALE #

Address

Proximity to Subject

Sale Price $ $ $ $

Sale Price/GLA $ /sq.ft. $ /sq.ft. $ /sq.ft. $ /sq.ft.

Data Source(s)

Verification Source(s)

VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust. DESCRIPTION +(-) $ Adjust.

Sales or Financing

Concessions

Date of Sale/Time

Rights Appraised

Location

Site

View

Design (Style)

Quality of Construction

Age

Condition

Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths

Room Count

Gross Living Area sq.ft. sq.ft. sq.ft. sq.ft.

Basement & Finished

Rooms Below Grade

Functional Utility

Heating/Cooling

Energy Efficient Items

Garage/Carport

Porch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $

Adjusted Sale Price

of Comparables $ $ $

Summary of Sales Comparison Approach

Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

3/2007

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Client File No. Page # 12

A728RESIDENTIAL APPRAISAL REPORTThe adjustments made to the sales represents the appraiser's attempt to isolate and compensate for

significantly dissimilar features. Adjustments for dissimilar features or conditions approximate market reactions and are not necessarily

based on cost. Adjustments rounded to the nearest hundred dollars. Comparables are selected for size, location, and construction. The

sales displayed are considered to be the most comparable and the best indications of value for the subject property. Some of the sales

are over 6 months old. This is not uncommon for the market area due to the amount of market activity that occurs within a 6-12 month

period.

The adjusted sales range from $288,885 to $353,400. The mean (average) value is $327,831(R); and the median value is $330,450. Based on

the sales having various adjustments, weighted consideration is given to each sale.

**** SEE ATTACHED ADDENDA FOR FURTHER ANALYSIS ***

329,000

Chesterfield County Assessor's Office

The subject's 3 parcels had no prior

transactions within 3 years of the effective date of this report.

The opinion of site value was based on an

analysis of land sales over the last 3-4 years, discussions with local realtors, and a general market analysis. As noted the subject consists of

approximately 2 acres of homestead, 5 acres of open land, a 3 acre pond, and 66.92 acres of woodlands. The woodland area is broken into

planted longleaf (2004/2005) and young longleaf pine and a mix of natural pines and hardwood. The contributory timber value is estimated

@ $600 per acre or $40,000 (R). The homestead portion (2 acres) is valued @ $2,800 per acre or $5,600; and the open land (5 acres)

is valued @ $2,200 per acre or $11,000. The pond (3 acres) is valued @ $10,000 per acre or $30,000. The woodland area (66.92

acres) is valued @ $1,300 per acre or $86,996. The total opinion of site value is $173,596 or $173,500. This reflects a per acre value

of $2,255.59.

Marshall & Swift Residential Cost Handbook

ave/good 2016

173,500

1,980 84.23 166,775

cabin,scr.por.,brz,por.,fp,stor.,appl,etc 48,000

398 20.00 7,960

222,735

68,536 13,364 81,900

140,835

3,000

317,335

SEE ATTACHED SKETCH ADDENDUM. EXTERNAL ADJUSTMENT

MADE FOR CURRENT ECONOMIC MARKET AND CONSIDERATION

FOR LOCAL MULTIPLIER. LOCAL MULTIPLIER INDICATED BY

MARSHALL & SWIFT IS OF THE FLORENCE AREA, WHICH IS A

LARGER, MORE ACTIVE MARKET.

45

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Indicated Value by Sales Comparison Approach $

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My research did 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):

1st Prior Subject Sale/Transfer

Date:

Price:

Source(s):

2nd Prior Subject Sale/Transfer

Date:

Price:

Source(s):

Analysis of sale/transfer history and/or any current agreement of sale/listing:

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COST APPROACH TO VALUE (if developed) The Cost Approach was not developed for this appraisal.

Provide adequate information for replication of the following cost figures and calculations.

Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value):

ESTIMATED REPRODUCTION OR REPLACEMENT COST NEW

Source of cost data:

Quality rating from cost service: Effective date of cost data:

OPINION OF SITE VALUE =$

DWELLING Sq.Ft. @ $ =$

Sq.Ft. @ $ =$

Sq.Ft. @ $ =$

Sq.Ft. @ $ =$

Sq.Ft. @ $ =$

=$

Garage/Carport Sq.Ft. @ $ =$

Total Estimate of Cost-New =$

Less Physical Functional External

Depreciation =$( )

Depreciated Cost of Improvements =$

''As-is'' Value of Site Improvements =$

=$

=$

INDICATED VALUE BY COST APPROACH =$

Comments on Cost Approach (gross living area calculations, depreciation, etc.):

Estimated Remaining Economic Life (if required): YearsCopyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

3/2007

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• GP Residential: Market Area Description - Boundaries, Description, ConditionsThe subject property is located in the north-central portion of Chesterfield County; and less than 7 miles east of the Town ofPageland. The neighborhood is described as rural, with a majority of the area being undeveloped with open land & woodlands.The neighborhood also includes the small town of Mt. Croghan. Improvements in the area are primarily single-family residencesvarying in design, age, quality, & size. It is not uncommon for homes in this area to have a site greater than 1 acre. Theneighborhood does include some mini-farms in the area which have custom built homes and surrounding acreage for personaluse. Other improvements in the area include local commercial businesses and community churches. These types of land usesare limited in number and as such do not currently create a new demand for the neighborhood. Undeveloped areas in theneighborhood are used for recreation, farm production, and/or timber harvest. As of the date of this report there is no evidenceof buydowns or expected seller concessions in the area. The typical exposure time for similar properties in this area is 6-12months. The definition of exposure time used is taken from the Definitions section of the 2016-2017 version of USPAP. Exposuretime is not defined the same as marketing time but may be the same number of days.

The subject's neighborhood boundaries are as follows: North by SC Hwy 9; East by SC Hwy 268; South by Crossroads ChurchRd; and West by Guess Rd & Gum Springs Church Rd. (See attached neighborhood map).

• GP Residential: Site Description - Summary of Highest & Best Use

Evaluation of HBU includes four steps. Legally permissible, physically possible, financially feasible, and maximally productive.The subject consists of approx. 76.92 acres, a single-family home, and small cabin. Based on this analysis the subject's highestand best use is as a mini-farm type property. This is based on the subject's site area, improvements, location, access,surrounding land uses, and current market demand. The HBU as vacant or as improved would be for a farm type use available tocropland, timberland, and/or recreational use. Physically possible- As vacant, the site has approx. 76.92 acres of woodlands,open land, and pond. The site is accessed by Triple Creek Road. Legally permissible- Zoning for the subject is GD-GeneralDevelopment, and allows various types of land uses for unincorporated areas of Chesterfield County. Financially feasible- Thesite is located in a rural neighborhood with a majority of the area being undeveloped with open land and woodlands. Improvements in the area are primarily single-family residences. Based on surrounding land uses and the current housingdemand in the neighborhood, it is more financially feasible to develop the subject for a mini-farm type use. Maximally productive- Based on this analysis, the subject's highest and best use "as vacant" is for a mini-farm use. This is its maximally productiveuse. Highest and Best Use "as improved"- Using the same 4-criteria test (physically possible, legally permissible, financiallyfeasible, and maximally productive) the subject's improvements and functional use enhance and support a mini-farm use.

* GP Residential : Sales Comparison Analysis (Continued)Site- Estimated site values are based on individual locations and comparable land sales in their respective neighborhoods. Fiveof the comparable sales are located within the general market area. The remaining sale is located in similar rural typeneighborhood. Though the subject and sales have various site areas, they are within a market accepted range for comparisonbased on various similar characteristics. As indicated in the site analysis (see addendum comments) the subject's site value isestimated to be $173,500. Sale 1 is located within view of the subject, and consists of 19.97 acres. The breakdown includes a 0.97 acre homestead @$2,800 per acre; 10 acres of open land @ $2,200 per acre; and 9 acres of woodlands @ $1,900 per acre. Based on thebreakdown this sale has a site value of $41,900 or $42,000 (R). Sale 2 is located in the Jefferson market area; and in a neighborhood that is less developed. This sale consists of 37 acres witha site breakdown of approx. 2.3 acres of homestead @ $2,800 per acre; 7.0 acres of open land @ $2,200 per acre; approx. 25acres of woodlands @ $1,800 per acre; and a 2.7 acre pond @ $10,000 per acre. Based on the breakdown this sale has asite value of $94,000.Sale 3 is located in a similar rural setting; and includes 15.33 acres. This sale consists primarily of open land that is used for amini-farm. Sale 3 is valued @ $3,200 per acre or $49,000 (R). Sale 4 is located in the Buford community of Lancaster County; near the NC/SC state line. The sale consists of 21.00 acres witha site breakdown of approx. 10 acres of open land @ $6,000 per acre; and approx. 11 acres of woodlands @ $3,500 per acre.This sale has a site value of $98,500.Sale 5 is located in the subject's neighborhood; and includes 31.49 acres. This sale is broken down into 6.49 acres of open land@ $2,800 per acre; and 25 acres of woodlands @ $2,000 per acre. Based on the indicated breakdown this sale has a sitevalue of $68,000 (R). Sale 6 is located in the subject's neighborhood; and includes 67 acres. This sale is broken down into 4 acres of farmstead @$3,000 per acre; 4.3 acres of open land @ $2,200 per acre; 57.7 acres of woodlands @ $1,900 per acre; and a 1 acre pond @$10,000. Based on the indicated breakdown this sale has a site value of $141,000 (R).

Quality of Construction- The subject has an over-all good quality of construction and a siding exterior. Sale 1 & 2 have superiorbrick exteriors. These sales are adjusted @ $3.00 per square foot x Comps. GLA. Sale 5 is an older home that reflects a lower

Client File No. Page # 13

Supplemental Addendum

Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

A728

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

File No.

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brick exteriors. These sales are adjusted @ $3.00 per square foot x Comps. GLA. Sale 5 is an older home that reflects a lower

quality of construction. This sale is adjusted @ $3.00 per square foot x Comps. GLA.

Age & Effective Age- Percentage adjustments are made to each sale based on their difference in estimated effective ages. Theactual age of homes given in the sales comparison approach does factor in to the estimated effective age, but is providedprimarily for descriptive purposes. Effective ages reflect not only the actual age of long lived items, but also gives considerationsfor marketable factors such as up-dates, additions, repairs, and remodeling. A 1% adjustment is made for every two yeardifference in estimated effective age.

Condition - Sale 5 has a lower over-all condition rating. An adjustment is made according to an estimated difference at $1.00 persquare foot x Comps. GLA. This adjustment takes into consideration general condition of improvements and short-lived items.

Room Count- Comps. adjusted @ $4,000 per bedroom (less than 3 bedrooms), $5,000 per full bathroom; and $2,500 per halfbath.

Gross Living Area- The adjustment for differences in GLA are based on a percentage of the average Price/GLA of thecomparable sales selected. Market analysis indicates a $40.00 per square foot difference for GLA differences in homes of thisage, quality, size, & etc.

Additional Amenities- Estimated contributory values for the amenities of the subject and comparables are based on a marketanalysis (demand & expectations), estimated cost and depreciation. The subject has various amenities which contribute to itsmarket appeal and value. Some of the noted items include an on-site cabin, carport, screened porch, cov. porch, fireplace,storage, and appliances. Though these types of amenities are not uncommon for the area, the exact combination of items arenot found in every comparable sale that occurs. Taking into consideration the various amenities included with property,adjustments are based on condition, demand, and functional use. Sales with various amenities (some similar) are used to off-setthe amount of $ adjustments.

LISTING HISTORYThe subject was last listed by Lewis Realty of Chesterfield County and the Pee Dee MLS (#127366). The subject was listed on02/28/2016 for $275,000. The listing indicates 263 days on market. The property was taken off the market on 11/08/2016 with alist price of $240,000.

Client File No. Page # 14

Supplemental Addendum

Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

A728

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

File No.

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Client File No. Page # 15

A728RESIDENTIAL APPRAISAL REPORT

The number of leased properties in the market area is minimal and this

approach does not reflect motivations of market participants. This approach is not appropriate.

329,000 317,335 Not Dev.

The final opinion of market value is based on the Sales Comparison analysis. Cost approach completed and gives support to

the value derived from the Sales Comparison Approach. Income approach not completed due to the lack of market data. Subject is appraised

in terms of cash or its equivalent. The final opinion of market value is $329,000.

329,000 01/16/2017

01/16/2017

55

Scope of Work Limiting Cond./Certifications Narrative Addendum Photograph Addenda Sketch Addendum

Map Addenda Additional Sales Cost Addendum Flood Addendum Manuf. House AddendumHypothetical Conditions Extraordinary Assumptions

Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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INCOME APPROACH TO VALUE (if developed) The Income Approach was not developed for this appraisal.

Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income Approach

Summary of Income Approach (including support for market rent and GRM):

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PROJECT INFORMATION FOR PUDs (if applicable) The Subject is part of a Planned Unit Development.

Legal Name of Project:

Describe common elements and recreational facilities:

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Indicated Value by: Sales Comparison Approach $ Cost Approach (if developed) $ Income Approach (if developed) $

Final Reconciliation

This appraisal is made ''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, subject to

the following required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair:

This report is also subject to other Hypothetical Conditions and/or Extraordinary Assumptions as specified in the attached addenda.

Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limiting Conditions,and Appraiser’s Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subjectof this report is: $ , as of: , which is the effective date of this appraisal.If indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this report. See attached addenda.

Appraiser Inspection of Subject: Interior & Exterior Exterior Only None

Date of Inspection:

Co-Appraiser Inspection of Subject: Interior & Exterior Exterior Only None

Date of Inspection:

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properly understood without reference to the information contained in the complete report.

Attached Exhibits:

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Client File No. Page # 16

A728Assumptions & Limiting Conditions819 Triple Creek Rd Mount Croghan SC 29727

Mr. Lawrence H. Molnar 7340 Hunter Branch Dr, Atlanta, GA 30328

JEREMY H LOFTON P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC 29520

STATEMENT OF ASSUMPTIONS & LIMITING CONDITIONS- The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership.- The appraiser may have provided a sketch in the appraisal report to show approximate dimensions of the improvements, and any such sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. Unless otherwise indicated, a Land Survey was not performed.- If so indicated, 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 the appraisal report whether 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.- 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.- If the cost approach is included in this appraisal, the appraiser has estimated the value of the land in the cost approach at its highest and best use, and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. Unless otherwise specifically indicated, the cost approach value is not an insurance value, and should not be used as such.- The appraiser has noted in the appraisal report any adverse conditions (including, but not limited to, needed repairs, depreciation, 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 normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property, or adverse environmental conditions (including, but not limited to, the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. 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, the appraisal report must not be considered as an environmental assessment of the property.- The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties.- The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice, and any applicable federal, state or local laws.- If this appraisal is indicated as subject to satisfactory completion, repairs, or alterations, the appraiser has based his or her appraisal report and valuation conclusion on the assumption that completion of the improvements will be performed in a workmanlike manner.- An appraiser's client is the party (or parties) who engage an appraiser in a specific assignment. Any other party acquiring this report from the client does not become a party to the appraiser-client relationship. Any persons receiving this appraisal report because of disclosure requirements applicable to the appraiser's client do not become intended users of this report unless specifically identified by the client at the time of the assignment.- The appraiser's written consent and approval must be obtained before this appraisal report can be conveyed by anyone to the public, through advertising, public relations, news, sales, or by means of any other media, or by its inclusion in a private or public database. - An appraisal of real property is not a 'home inspection' and should not be construed as such. As part of the valuation process, the appraiser performs a non-invasive visual inventory that is not intended to reveal defects or detrimental conditions that are not readily apparent. The presence of such conditions or defects could adversely affect the appraiser's opinion of value. Clients with concerns about such potential negative factors are encouraged to engage the appropriate type of expert to investigate.

Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.:

Property Address: City: State: Zip Code:

Client: Address:

Appraiser: Address:

Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

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Client File No. Page # 17

A728Definitions & Scope of Work819 Triple Creek Rd Mount Croghan SC 29727

Mr. Lawrence H. Molnar 7340 Hunter Branch Dr, Atlanta, GA 30328

JEREMY H LOFTON P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC 29520

DEFINITION OF MARKET VALUE *:Market value means 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 and 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 acting in what they consider their own best interests; 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. * This definition is from regulations published by federal regulatory agencies pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and the Office of Comptroller of the Currency (OCC). This definition is also referenced in regulations jointly published by the OCC, OTS, FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, 1994.

The Scope of Work is the type and extent of research and analyses performed in an appraisal assignment that is required to produce credible assignment results, given the nature of the appraisal problem, the specific requirements of the intended user(s) and the intended use of the appraisal report. Reliance upon this report, regardless of how acquired, by any party or for any use, other than those specified in this report by the Appraiser, is prohibited. The Opinion of Value that is the conclusion of this report is credible only within the context of the Scope of Work, Effective Date, the Date of Report, the Intended User(s), the Intended Use, the stated Assumptions and Limiting Conditions, any Hypothetical Conditions and/or Extraordinary Assumptions, and the Type of Value, as defined herein. The appraiser, appraisal firm, and related parties assume no obligation, liability, or accountability, and will not be responsible for any unauthorized use of this report or its conclusions.

Additional Comments (Scope of Work, Extraordinary Assumptions, Hypothetical Conditions, etc.):

The Scope of Work for this assignment began with identifying the Client, Intended User(s), and the Intended Use of this appraisal report. As required by USPAP, the appraiser is required to identify at the time of the assignment, the Client, the Intended Use and the Intended User(s) of an appraisal. The intended user of this report is Mr. Lawrence Molnar. The intended use of this report is to establish an opinion of fair market value for possible future sale.

The Scope of Work includes research into the market conditions in the area surrounding the subject property. The appraiser researched sales of similar properties within the last 24 months. Sale data is analyzed and the comparable sales for the Sales Comparison Approach are selected. These sales are verified through tax records and/or contact with parties involved in the sale. An exterior and interior inspection of the subject property is performed and the property is measured in accordance with accepted practices in order to determine the GLA of the subject property.

James Lofton, a SC registered forester (#1047) and certified general appraiser (#492), provided professional assistance with the analysis and estimation of the subject's timber. A timber cruise of the subject's timber was not performed. The indicated contributory value of the subject's timber and comparable sale's timber is an approximate estimation based on a limited visual timber inspection, and is used to determine a final opinion of market value.

The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives.

As of the date of this report, I (Jeremy H. Lofton, SRA) have completed the continuing education program for Designated Members of the Appraisal Institute.

Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.:

Property Address: City: State: Zip Code:

Client: Address:

Appraiser: Address:

Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

3/2007

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Client File No. Page # 18

A728Certifications819 Triple Creek Rd Mount Croghan SC 29727

Mr. Lawrence H. Molnar 7340 Hunter Branch Dr, Atlanta, GA 30328

JEREMY H LOFTON P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC 29520

APPRAISER'S CERTIFICATIONI certify that, to the best of my knowledge and belief:- The statements of fact contained in this report are true and correct.- The credibility of this report, for the stated use by the stated user(s), of the reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions.- I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved.- Unless otherwise indicated, I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment.- I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment.- My engagement in this assignment was not contingent upon developing or reporting predetermined results.- My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.- My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared.- I did not base, either partially or completely, my analysis and/or the opinion of value in the appraisal report on the race, color, religion, sex, 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.- Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report.- Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification.

Additional Certifications:

Mr. Lawrence H. Molnar

7340 Hunter Branch Dr, Atlanta, GA 30328

JEREMY H LOFTON

J B Lofton Realty & Appraisals

(843) 537-2898

[email protected]

01/24/2017

2914 SC

SRA

06/30/2018

01/16/2017

01/24/2017

Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.:

Property Address: City: State: Zip Code:

Client: Address:

Appraiser: Address:

SIG

NA

TU

RE

S

Client Contact: Client Name:

E-Mail: Address:

APPRAISER

Appraiser Name:

Company:

Phone: Fax:

E-Mail:

Date Report Signed:

License or Certification #: State:

Designation:

Expiration Date of License or Certification:

Inspection of Subject: Interior & Exterior Exterior Only None

Date of Inspection:

SUPERVISORY APPRAISER (if required)

or CO-APPRAISER (if applicable)

Supervisory orCo-Appraiser Name:

Company:

Phone: Fax:

E-Mail:

Date Report Signed:

License or Certification #: State:

Designation:

Expiration Date of License or Certification:

Inspection of Subject: Interior & Exterior Exterior Only None

Date of Inspection:Copyright© 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited.

3/2007

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Client File No. Page # 19

SUBJECT - Partial Plat

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 20

SUBJECT - Partial Plat

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 21

SUBJECT - Partial Plat

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 22

SUBJECT - FEMA FLOOD MAP (1)

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 23

SUBJECT - FEMA FLOOD MAP (2)

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 24

SUBJECT - USDA SOIL MAP - Page 1

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 25

SUBJECT - USDA SOIL MAP - Page 2

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 26

SUBJECT - USDA SOIL MAP - Page 3

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 27

SUBJECT - USDA SOIL MAP - Page 4

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 28

Form LPICPIX.DSS_LTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Subject Photo Page

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Subject Front

Sales Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

819 Triple Creek Rd

1,980

8

3

2

Rural/average

resid. & woodlands

76.92+/- Acres

1.5sty siding/good

A35/ E(20)

Subject Rear

Subject Street

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 29

Form LPICPIX.DSA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

FRONT AND SIDE VIEW

ALTERNATE SIDE VIEW

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 30

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

KITCHEN

1ST FLOOR BATHROOM

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 31

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

LIVING ROOM

1ST FLOOR BEDROOM

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 32

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

2ND FLOOR BATHROOM

2ND FLOOR BEDROOM

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 33

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

SMALL CABIN

Alternate View of Cabin and Shelter

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 34

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Interior View of Cabin

Interior View of Cabin

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 35

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

View of Pond

View of Shelter and Pond

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 36

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

View of Pond and Improvements

Interior Road

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 37

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Woodlands

Interior Road

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 38

Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Woodlands

Woodlands

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 39

Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Sales Map

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 40

Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Sales 1 & 5

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 41

Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Sales 2 & 6

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 42

Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Sales 3

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 43

Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Sales 4

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 44

Form LPICPIX.DS%_LTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Photo Page

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Comparable 1

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

674 Triple Creek Rd

0.05 miles E

240,000

1,937

6

3

2.5

Rural/average

resid.&woodlands

19.97 ac

1.5sty brick/sup.

A23/ E(10)

Comparable 2

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

2120 Macedonia Angelus Rd

11.55 miles S

287,900

2,444

8

4

3.0

Rural/average

resid.&woodlands

37 ac

1.5sty brick/sup.

A6/ E(4)

Comparable 3

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

6227 Angelus Rd

6.90 miles SE

250,000

1,825

6

3

2.0

Rural/average

resid. &woodlands

15.33 ac

1sty siding/good

A16/ E(9)

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 45

SALE 1 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 46

SALE 2 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 47

SALE 3 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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Client File No. Page # 48

Form LPICPIX.DS%_LTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Photo Page

Deborah J. Iseman c/o Lawrence H. Molnar

819 Triple Creek Rd

Mount Croghan Chesterfield SC 29727

Mr. Lawrence H. Molnar

Comparable 4

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

3054 Zeb Deese Rd

18.46 miles W

350,000

2,891

7

3

2.0

Rural/superior

resid. &woodlands

21.00 ac

1.5sty siding/good

A15/ E(7)

Comparable 5

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

91 Rockhouse Rd

2.19 miles E

244,000

2,013

7

2

2

Rural/average

resid. & woodlands

31.49 ac

1sty stone/inferior

A77/ E(28)

Comparable 6

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

4243 Steen Rd

6.96 miles S

254,485

1,767

6

2

2

Rural/average

resid. &woodlands

67.00 acres

1sty siding/good

A28/ E(14)

Owner

Client

Property Address

City County State Zip Code

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Client File No. Page # 49

SALE 4 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 52: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 50

SALE 5 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 53: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 51

SALE 6 - AERIAL MAP

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 54: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 52

APPRAISERS RESUME - Page 1

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 55: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 53

APPRAISERS RESUME - Page 2

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 56: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 54

APPRAISERS RESUME - Page 1

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 57: FROM: INVOICE INVOICE NUMBER · 2017. 11. 2. · 2016 1,724.59 0 Deborah J. Iseman c/o Lawrence H. Molnar 0 Mt. Croghan 084-00-00-01,02,039 9503.00 To determine an opinion of fair

Client File No. Page # 55

APPRAISERS RESUME - Page 2

Form SCNLTR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE