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
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TAX LOT 233 ROW AQUISITION �� `�`' R
EDWARD N & LUANN C BUCHARDT
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LEGEND
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