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75E - PH - RESO NECESSITY 1023 N BRISTOL
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06/20/2017
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75E - PH - RESO NECESSITY 1023 N BRISTOL
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Last modified
6/19/2017 8:53:57 AM
Creation date
6/15/2017 4:20:21 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75E
Date
6/20/2017
Destruction Year
2022
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ATTACHMENT <br />75E-13 <br />Indicated Values <br />Comparable <br />Overall <br />Indicated $/SF <br />No. <br />Comparability <br />4 <br />Superior <br />$484 <br />5 <br />Superior <br />$466 <br />Subject <br />$450 <br />2 <br />Inferior <br />$351 <br />3 <br />Inferior <br />$315 <br />1 <br />Inferior <br />$312 <br />A fair market value of $450 per square foot is concluded. Based on the preceding <br />investigation and analysis, the fair <br />market value of the subject property, as of January 24, <br />2017, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />1,545 SF <br />X $450 PSF = <br />$695,250 <br />ROUNDED <br />$695,250 <br />75E-13 <br />
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