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2023-01-08 Buchardt Edward & Luann- Appraisal-Tax Lot 233CITY OF BLAIR, NEBRASKA RE: HOLLOW ROAD PROJECT EDWARD & LUANN BUCHARDT CO -TRUSTEES 2231 HOLLOW ROAD BLAIR, NEBRASKA mm RUSS NELSEN NELSEN APPRAISAL SERVICES, INC 710 South 19"' Street Blair, NE 68008 SUMMARY OF SALIENT FACTS Property Size Location Date of Appraisal Property Rights Improvements Estimate of Value of Taking TAX LOT 233 Total Lot Size — 2.49 Acres (108,464 SF) Taking — .02 Acre (871 SF) 2231 Hollow Road, Blair, Nebraska January 8, 2023 Fee Simple One -Story House $871 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 did not meet with the lot owner. Several attempts were made by phone and by a personal visit to the residence. SUBJECT LOT The subject has a total of 2.49 Acres or 108,464 SF that is nearly street level and is adjacent to the south side of Hollow Road. PROPOSED TAKING The proposed talcing is a 33' x 33' strip of land that is a potential access to the subject lot and is adjacent to Hollow Road. The total taking area contains 871 SF. ESTIMATED VALUE OF TAKING The following sales taken from the master report are used to establish the estimated value of the taking. Sale #2 Size 24,887 SF Price/SF $3.21/SF Sale #4 Size 14,736 SF Price/SF $3.06/SF Sale #5 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 14,736 SF to a high of 45,738 SF with an arithmetic average of 30,927 SF. They also range in price per square foot from a low of $2.00/SF to a high of $3.21/SF with an arithmetic average of $2.59/SF. Placing most weight on comparable sales #5, and #6, and adjusting for total lot size, the subject has a called value of $1.00/SF. Value of Subject Taking: 871 SF @ $1.00/SF = $871 Value Called $871 Damage to remainder called = $0 Total Value of Taking = $871 Russ Nelsen, Certified Appraiser Nelsen Appraisal Services, Inc. 4 1 Page 12/7/2022 ParcellD: 890079898 Map Number 890079898 State Geo Code 2371-14-0-02371-000-9898 Cadastral # TL233 Photo #1 Photo #2 Photo #3 Photo #4 Photo #5 Photo #6 Sketch #1 Images Current Owner: BUCHARDT, EDWARD N & LUANN C CO -TRUSTEES 2231 HOLLOW RD BLAIR, NE 68008 Situs Address: 2231 HOLLOW RD BLAIR Tax District: 208 School District: BLAIR SCHOOL 1, 89-0001 Account Tyj e� Residential Legal Description 14 18 11 BC TL 233 14-18-11 114 PC 233 2.491 AC Lot Width: N/A Lot Depth: N/A Total Lot Size: 2.49 acres Year Total 2022 $317,585 2021 $300,455 Yearly Tax Information Year AmountLevy 2022 $5,857.12 1.950857 d Outbuildina Dwellina $47,360 $31,295 $238,930 $47,360 $31,295 $221,800 Description ` Rate 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 N RD 0.03475800 COUNTY GENERAL 0.33479100 COUNTY AG 0.00355400 BLAIR SCHOOL 1 BOND 0.08759100 BLAIR AIRPORT " 0,02858800 PUBLIC SAFETY COMMUN 0.00349800 Sale Date Sale Price Book & Page Grantor 12/18/2020 $0.00 2020 / 5658 BUCHARDT, EDWARD N & LUANN C 890079898 890019579 1 890079898 12/7/2022 Status: Improved Property Class: Residential Zonin : N/A Lot Width (ft) Lot Dept 0.00 0.00 Zoning: N/A Year Built: 1976 Exterior: 100% Frame, Siding, Vinyl Bedrooms: 2 Plumbina Fixtures: 10 Basement Size: 2,010 sq. ft Buildina Size: 2,010 sq. ft Quality: Good onin : N/A Year Built: 0 Exterior: N/A Bedrooms: 0 Plumbing Fixtures: ' 0 Basement Size: 0 sq. ft Building Size: 0 sq. ft Location: Urban City Size: 5,001-12,000 Lot Size: 2.00-4.99 ac. 'Information Description Lot Size 2.49 acres Condition: Average - Good Style. 100% One Story Bathrooms: 2.50 Heat!na/Cooling: 100% Warmed & Cooled Air Min Finish; 0 sq. ft Part Finish: 0 sq. ft Garage 1: Attached Garage(SF) Garage 1 Size: 884 sq. ft Quality: Condition: N/A Style; N/A Bathrooms: 0.00 Heating/Cooling: Min Finish: 0 sq. ft Part Finish: 0 sq. ft Description Units Value CONCRETE DRIVE 1,394 $6,120 WOOD DECK 130 $4,045 OPEN SLAB W/STEPS 96 $2,255 KNEE WALL PORCH 312 $20,730 2 890079898 12/7/2022 Description Units Year Built Cost NAME BRND-POLE,C 1,650 2000 $15,860 CONCRETE DRIVE 1,200$3,105 CONCRETE DRIVE 1,200 $3,105 DETACHED GARAGE 300 $9,225 I!hC It [1 691 17 D f 11 a"'vU I1•W4 Vim.....-Z....... 3 E CD Z) 0 C) 0 C14 C(D3 o E "t 04 06 C) C) LO C) C) O C:) LO 0 O t z LO ca C) -L 0 Ow I MY n U) U) p _0 0 < -0 00 c m &; p C\F 64 n (D CN co N I �r tv LID � r 4 C f r 1 t g I I C (7 t CO 6t co Slu t r _s. C _-r t1 0}' t {ri _ C• i co s1J t, Q �1 C, Lt Jr L�} cc, �c7 OD () co {Il 3 r 0 3 OD E L} i a_ r 4 c —I �Sr i f Lp I L> (y tr f� ,r in 4 0 O O N N E N V a I 20221206143347287.pdf imap://cuss%40nebrealty%2Ecom@outlook. office 365,com:993... -z 2 3 1 TAX LOT 233 ROW AQUISITION �� `�`' R EDWARD N & LUANN C BUCHARDT 5/8" RPDAR W/1-1/4" YPC "SURVEY MARKER LS 760" SW COR, NE1M SW 1/4 SEC,14-T18N-RIIR 1260,00'(M) 11 U2"REBAR ✓ TAX Lar 234 NORTH LINE OF TAX LOT 233 AND NORTH LINE. OF THE SEIM SWIM SEC. 14.10-11 N00'33'20"W 33,00'(M&R) z 1/2" RERAR NE CDR. SEI/4 SW 1/4 SEC, 14=118N-RI Ili 33,00'(M) !" REBAR FAX Lar n VICINITYSKF:TCII WASIIINOTON COUNTY NEBRASKA nnc LEGEND LEGAL DESCRIPTION: MONI11.111m IWNU ( .----.._......_..._. 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