Leova Simon

RESIDENTIAL BROKER PRICE OPINION REO #: This This BPO BPO is is the the 2nd Opinion Updated Exterior Only 05/17/22 DATE 7494 Peaceful Brook St. Las VegasSALES REPRESENTATIVE: Nevada 89131 Fannie Mae Bank CLIENT NAME: PROPERTY ADDRESS: Love Local Real Estate FIRM NAME: Jake Burkett COMPLETED BY: - PHONE NO. I. Initial FAX NO. GENERAL MARKET CONDITIONS Current market condition: Depressed Slow Stable Employment conditions: Declining Stable Increasing Market price of this type property has: Decreased % in past months Increased % in past months Improving Excellent Remained stable 60 Estimated percentages of owner vs. tenants in neighborhood: Normal supply There is a oversupply 40 9 No. of competing listings in neighborhood that are REO or Corporate owned: 0 No. of boarded or blocked-up homes: SUBJECT MARKETABILITY 285,000 Range of values in the neighborhood is $ over improvement The subject is an to $ under improvement 90 Normal marketing time in the area is: 475,000 Appropriate improvement for the neighborhood. days. Are all types of financing available for the property? Yes No If no, explain Has the property been on the market in the last 12 months? Yes No If yes, $ single family detached condo co-op single family attached townhouse modular monthly If condo or other association exists: Fee $ The fee includes: Association Contact: Name: annually Landscape Insurance 284,900 list price (include MLS printout) Seller is looking for better offer To the best of your knowledge, why did it not sell? Unit Type: % tenant shortage of comparable listings in the neighborhood Approximate number of comparable units for sale in neighborhood: II. 40 % owner occupant mobile home Current? Yes No Tennis Pool Fee delinquent? $ Other Lynbrook Master Ass 702=- Phone No.: III. COMPETITIVE CLOSED SALES ITEM Address SUBJECT COMPARABLE NUMBER 1 7494 Peaceful Brook 7512 Peaceful Brook REO/Corp $ 475,000 Proximity to Subject Sale Price Price/Gross Living Area $ $ 443,500 $ Sq. Ft. $ Sq. Ft. Sale Date & Days on Market VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION Leasehold/Fee Simple Site View Design and Appeal Quality of Construction Age Condition Above Grade Room Count Gross Living Area Basement & Finished Rooms Below Grade Functional Utility Heating/Cooling Energy Efficient Items Garage/Carport Porches, Patio, Deck Fireplace(s), etc. Fence, Pool, etc. Other Net Adj. (total) Adjusted Sales Price of Comparable Fannie Mae Revised 03/99 $ Sq. Ft. Adjustment 3 3 Baths 2 1532 Sq. Ft. Sq. Ft. None Average Average Average 2 Garage Patio None None Total Bdms 3 Baths 2 3 1532Sq. Ft. Sq. Ft. $ Sq. Ft. DESCRIPTION 4/20/22 Adjustment Urban Fee Sample Neighborhood Urban Fee Sample Neighborhood Average Average 2001 Average Total Bdms Baths 3 3 2 Excellent Average 2001 Good Total 3 + $ 472,000 Page 1 of 2 2 -500 Patio None None None None $ 3 -1000 Average Average 2 car garage Patio - Baths none Average Average 2 car garage None None Bdms -2000 1610 Sq. Ft. Sq. Ft. none Patio Adjustment DESCRIPTION REO Ft.Ft. 1532 Sq. Sq. none Average Average Average 2 Car garage + REO/Corp $ 450,000 REO Urban Urban Fee Sample FEE Sample Neighborhood Neighborhood None Average Excellent -2000 Average Average- Good -1000 Average Bdms 7542 Peaceful Brook 11/21/22 REO Total COMPARABLE NUMBER 3 REO/Corp $ 355,000 4/27/22 Sales or Financing Concessions Location COMPARABLE NUMBER 2 7470 Peaceful Brook - $ $ 355,000 + - $ $ 446,500 REO# IV. MARKETING STRATEGY As-is Minimal Lender Required Repairs Repaired Most Likely Buyer: Owner occupant Investor V. REPAIRS Itemize ALL repairs needed to bring property from its present “as is” condition to average marketable condition for the neighborhood. Check those repairs you recommend that we perform for most successful marketing of the property. Lanscape Light cosmetic 3000 $ $ $ $ $ $ $ $ $ $ $ 1000 GRAND TOTAL FOR ALL REPAIRS $$4,000 VI. COMPETITIVE LISTINGS ITEM SUBJECT Address 7494 Peaceful Brook St. COMPARABLE NUMBER 1 COMPARABLE NUMBER. 2 7554 Peaceful Brook St. 7548 Peaceful Brook St REO/Corp $ 448,500 Proximity to Subject List Price $ Price/Gross Living Area $ 300 Sq.Ft. Sq.Ft. 443,500 Data and/or Verification Sources $ TAX record VALUE ADJUSTMENTS DESCRIPTION Sales or Financing Concessions Sq.Ft. 300 Sq.ft MLS Location Leasehold/Fee Simple View Design and Appeal Quality of Construction Age Condition Above Grade Room Count Gross Living Area Basement & Finished Rooms Below Grade Adjustment 3 3 1532 Baths 2 Sq. Ft. Total Bdms 3 3 1610 Functional Utility AVG Heating/Cooling AVG AVG AVR AVR Energy Efficient Items 2 car Garage Patio Fence, Pool, etc. None Other None +1000 +1000 +1000 Baths 40 Urban 2 -100 Sq. Ft. . Bdms -500 Baths 2 3 3 1710 Total Bdms 3 1610 - -1500 Baths 2 Sq. Ft. -100 None AVG AVG AVG 2 car Garage Patio + -1500 Excellent 2001 GOOD 3 Sq. Ft. None None $ -1500 GOOD AVG AVG None None Adjusted Sales Price of Comparable Neighborhood None None AVG 2 car Garage Patio - Free Sample 2000 AVG Total Adjustment NONE 90 Urban AVG + Net Adj. (total) DESCRIPTION NONE Neighborhood None AVG AVG Bdms Sq.Ft. Sq.Ft. MLS DESCRIPTION Neighborhood Neighborhood None None Fair AVG Fair Fair- Fair AVR None Porches, Patio, Deck Fireplace(s), etc. Adjustment Free Sample None Garage/Carport $ 300 Free Sample Total REO/Corp $ 400,500 MLS 60 Urban Fee Sample Site 300 Sq.Ft. Sq.Ft. REO Urban 7536 Peaceful Brook St. REO/Corp $ 422,700 $ DESCRIPTION Days on Market COMPARABLE NUMBER. 3 2 car Garage Patio None None - $ $ 472,000 $422,200 + - $ $ 392,900 VI. THE MARKET VALUE (The value must fall within the indicated value of the Competitive Closed Sales). AS IS REPAIRED Market Value $ 443,500 $ 447,500 Suggested List Price $ 465,000 $ 469,000 COMMENTS (Include specific positives/negatives, special concerns, encroachments, easements, water rights, environmental concerns, flood zones, etc. Attach addendum if additional space is needed.) The subject is a great location and neighborhood, close to a ameneties, School and public transportation, cozy, secured and peaceful location. Everyone are waiting to live that location. Signature: Fannie Mae Revised 03/99 Date: Page 2 of 2 CMS Publishing Company- [0399]