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2023-01-08 Hansen Merle & Lori-Appraisal•' CITY OF BLAIR, NEBRASKA RE: HOLLOW ROAD PROJECT MERLE HANSEN & LORI MALLETTE HANSEN 2254 HOLLOW ROAD BLAIR, NEBRASKA RUSS NELSEN NELSEN APPRAISAL SERVICES, INC 710 South 190' Street Blair, NE 68008 SUMMARY OF SALIENT FACTS Property Size Location Date of Appraisal Property Rights Improvements Estimate of Value of Taking TAX LOT 158 Total Lot Size —1.08 Acres (47,045 SF) Taking — 6,534 SF 2254 Hollow Road, Blair, Nebraska January 8, 2023 Fee Simple One -Story House $8,168 1 1 Page EFFECTIVE DATE OF THE APPRAISAL The effective date of this appraisal is January 8, 2023. DATE OF INSPECTION The date of inspection is January 8, 2023. PURPOSE OF APPRAISAL The purpose of this appraisal is to establish an accurate and defensible market value of the part being taken. This estimate will be of fee simple title of the subject property. This appraisal is of the part taken only. Per client instruction, an appraisal of the entire property was not made. PROPERTY RIGHTS APPRAISED The property rights appraised are the fee simple title to the land and improvements which comprise the subject property. DEFINITION OF FEE SIMPLE An absolute fee; a fee without limitations to any particular class of heirs or restrictions, but subject to the limitations of eminent domain, escheat, police power, and taxation. An inheritable estate. Source: Byrl N. Boyce, Real Estate Appraisal Terminology - Revised Edition (Ballinger Publishing Company, Cambridge, Massachusetts, First Printing 1981), p. 102. 2 1 Page IMPROVEMENTS The lot that includes a partial taking includes a one-story house. LEVEL OF INSPECTION This appraiser inspected the subject lot and the comparable sales. No inspection was made of the improvements on the lot. I met with the lot owner on January 8, 2023. It is unknown if any trees are to be removed. If that is the case, the owners to be compensated per value of the trees. SUBJECT LOT The subject has a total of 1.08 Acres or 47,045 SF. The lot has a slight slope to the street. PROPOSED TAKING The proposed taking is a 33' wide strip of land adjacent to the north side of Hollow Road that runs the width of the lot. The total taking contains .15 Acre or 6,534 SF. ESTIMATED VALUE OF TAKING The following sales taken from the master report are used to establish the estimated value of the taking. Sale #1 Size 8,935 SF Price/SF $4.70/SF Sale #2 Size 24,887 SF Price/SF $3.21/SF Sale #4 Size 14,736 SF Price/SF $3.06/SF Sale 45 Size 38,346 SF Price/SF $2.00/SF Sale #6 Size 45,738 SF Price/SF $2.07/SF 3 1 Page The foregoing comparable sales range in size from a low of 8,935 SF to a high of 45,738 SF with an aritlunetic average of 26,528 SF. They also range in price per square foot from a low of $2.00/SF to a high of $4.70/SF with an arithmetic average of $3.01/SF. Placing most weight on comparable sales #2, #5, and #6, the subject has a called value of $1.25/SF. Value of Subject Taking; 6,534 SF @ $1.25/SF = $8,168 Value Called $8,168 Damage to remainder called = $0 Total Value of Taking = $8,168 Russ Nelsen, Certified Appraiser Nelsen Appraisal Services, Inc. Page �i � 12/7/2022 Parcel ID: 890040929 Map Number 890040929 State Geo Code 2371-14-0-02371-000-0929 Cadastral # TL158 Photo #1 Photo #2 Photo #3 Photo #4 Sketch #1 Images Current Owner: HANSEN, MERLE R & LORI L MALLETTE HANSEN 2254 HOLLOW RD BLAIR, NE 68008 Situs Address: 2254 HOLLOW RD BLAIR Tax District: 208 School District: ' BLAIR SCHOOL 1, 89-0001 Account Type: Residential Legal Description: 14 18 11 BC TL 158 14-18-11 114 PC 158 Lot Width: N/A Lot Dew N/A Total Lot Size: 1,08 acres Year TotalLand Outbuilding Dwellina I 2022 $216,835 $39,885 $0 $176,9501 2021 $203,430 $39,885 $0 $163,5451 Yearly Tax Information II 2022 Tax Levy Year Amount Levy I Description = Rate 2022 $3,999.02 1,950857 I I CO HIST SOCIETY 0.00279100 JAIL BOND FUND 0,01780300 BLAIR CITY 0.33748300 ESU 3 0.01500000 METRO TECH 0.09500000 BLAIR SCHOOL 1 0,99000000 NRD 0.03475800 COUNTY GENERAL 0,33479100 COUNTY AG '' 0.00355400 BLAIR SCHOOL 1 BOND 0.08759100 BLAIR AIRPORT 0.02858800 PUBLIC SAFETY COMMON 0.00349800 No previous sales information is available (for the past 5 years). 1 890040929 12/7/2022 Status: Improved Property Class: Residential Zonina: N/A Lot Width (ftl Lot Dept 0.00 0.00 onin : N/A Year Built: 1900 Exterior: 100% Frame, Siding, Vinyl Bedrooms: 3 Plumbing Fixtures: 8 Basement Size: 864 sq. ft Building Size: 1,978 sq. ft Quality: Average Descri PATIO ASPHALT DRIVE ROOF COVER, HIGH SINGLE 2/S FIRE PL YARD SHED WOOD DECK Location: Urban City Size: 5,001-12,000 Lot Size: 1.00-1.99 ac. Description Lot Size 1.08 acres Condition: Average - Good Style: 41% 1 1/2 Story Finished 59% One Story Bathrooms: 2.00 Heating/Cooling 100% Warmed & Cooled Air Min Finish: 0 sq. ft Part Finish: 732 sq. ft Garage 1: Attached Garage(SF) Garage 1 Size: 628 sq. ft n Units Value 504 $2,175 600 $1,380 216 $2,910 1 $5,755 192 $4,115 216 $4,345 N 12/7/2022 Rl.fil move -.MD-.4 3' rPN. m SOFT 12� --"to It 15 2-1 24 SVU, , 14 "W M (D Ez 0-0 .5 . - 5R 3 0 fo 2 3 m y NN N O f., 21 7 v} j n O -------- n Cl) 3 F f r., 3h L+d, 6 G t i � Ev fL fi r f11 - fn L O i� Gs r� 7 j rr 7e Sa iq a_r b- s �n � rq U O I i ti) O � I i t~, _ � ,r� l s i � ui - - ° n '1 Ut r 0 00 20221206143347287.pdf imap://russ%40nebrealty%2Econi@outlook.office36L,,. TAX LOT 158 ROW AQUISITION MERLE R HANSEN & LORI L MALLE'zTE-HANSEN TAX LOT 163 TAX LOT 158 1-1/2" PINCH TOP PIPE 809'33'20"E 199.74'(M) w� 0 912.09'(M) N09'33'20`W 199.69'(M) 200,0'(R) 5/8" REBAR W/1.1/411 YPC "SURVEY MARKER LS 760" SW COR, NE114 SWI/4 SEC. 14-T18N-RIIE LEGEND ® MONUMRM FOUND ow MONUMUNr slrr CALCULATEDI'OIM• N1 hilWURRD DISTANCE R IWCOW IS ANCII GRAP141C SCALE MACQUISIIONAIMA I " NOTE: ALL 13BARINGS ARE ASSUML'D. DM i 10/2 uln7nuz(l SCALIt 1" u bRA1VR Ter Inn Iln. 201597 FIL'LU UWK BLAI It H9 SOUTH LINE OF TAX LOT 158 AND SOUTH LINE OF NEi/4 SWIM, SEC. 14.18-11 VICINITY SKEl*CH WASHINGTON COUNTY NEBRASKA RIIE 1'W 1�1 I 1.91'1 r SWI/41SEC 14 dtV 11! I AAlll LEGAL DESCRIPTION: 2Z-!! y f5,0 I t,D �.L) T�- D TAX LOT 162 0 0 m 210,31'(M) 1/2" REBAR SE COR, NEW SWI/4 SEC, 14-T18N-RIIE THE SOUTH 33.00 FEET OF TAX LOT 168, LOCATED IN THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 14 TOWNSHIP 10 NORTH, RANGE 11 EAST, OF THE 6TH PRINCIPAL MERIDIAN, WASHINGTON COUNTY, NEBRASKA, CONTAINING 0.15 ACRES, MORE OR LESS, P.V' uNlyb pV DIH1,00.01 It DWI jab. Road nw a M7AW0 J ON), 2 of 14 12/6/2022, 3:00 PM TL 158