2023-01-08 Nietfeld Tim & Konda-Appraisal-Tax Lot 227►: ::�y_�z•�:
CITY OF
BLAIR, NEBRASKA
RE:
HOLLOW ROAD PROJECT
TIM & KONDA NIETFELD
2530 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 227
Total Lot Size — 3.74 Acres (162,914 SF)
Taking - .02 Acres or 871 SF
2530 Hollow Road, Blair, Nebraska
January 8, 2023
Fee Simple
One -Stony House
$871
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 3.74 Acres or 162,914 SF. The lot slopes to the street.
PROPOSED TAKING
The proposed taking is a 22'x 33' wide strip of land adjacent to the north side of Hollow
Road which is the start of the homeowners driveway. The total taking contains .02 Acre or 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 $2.39/SF.
Placing most weight on the larger lot comparable sales, with adjustments for size, the
subject has a called value of $1.00/SF.
Value of Subject Taking: 871 SF @ $t.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
11 1
12/7/2022
Parcel ID:
890041160
Map Number
890041160
State Geo Code
2371-14-0-02371-000-1160
Cadastral #
TL227
Photo #1 Photo #2 Photo #3 Photo #4 Sketch #1
Images
Current Owner:
NIETFELD, TIMOTHY J & KONDA K
CO -TRUSTEES
2350 HOLLOW RD
BLAIR, NE 68008
Situs Address:
2350 HOLLOW RD BLAIR
Tax District:
208
School District:
BLAIR SCHOOL 1, 89-0001
Account Type:
Residential
Legal Description:
14 18 11 BC TL 227 14-18-11 114 PC 41
Lot Width:
N/A
Lot Depth:
N/A
Total Lot Size:
3,74 acres
Yearly Tax Information
Year Amount tev
2022 $6,956.02 1.950857
No previous sales information is available
the past 5 years).
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
890041160
12/7/2022
Status: Improved
Property Class: Residential
Zonin : N/A
Location: Urban
City Size: 5,001-12,000
Lot Size: 2.00-4.99 ac.
Lot Width (ft) Lot Depth (ftl Description Lot Size
0.00 0.00 3.74 acres
Zonin :
N/A
Year Built:
1993
Exterior:
100% Frame, Siding, Vinyl
Bedrooms:
3
Plumbing Fixtures:
12
Basement Size:
1,955 sq. ft
Building Size:
2,618 sq. ft
Quality:
Good
Condition:
Good
Style:
49% One Story 51 % Two Story
Bathrooms:
2.50
Heatina/Coolina:
100% Warmed & Cooled Air
Min Finish:
0 sq. ft
Part Finish:
0 sq. ft
Garage 1:
Attached Garage(SF)
Garage 1 Size:
576 sq. ft
Garage 2:
Basement Garage, Double (#)
Garage 2 Size:
1 sq. ft
Description
Units
Value I
ROOF COVER, HIGH
557
$9,635
CONCRETE DRIVE
720
$3,990
ASPHALT DRIVE
1,500
$4,325
WOOD DECK
557
$11,0651
WOOD DECK
389
$7,755
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TAX LOT 227 ROW AQUSITION
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SEC. 14-T18N-I1 I I E
THE SOUTH 33,00 FEET OF TAX LOT 227, LOCATED IN TI IE
NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF
SECTION 14 TOWNSHIP 10 NORTH, RANGE 11 EAST, OF THE
6TH PRINCIPAL MERIDIAN, WAS)IINGTON COUNTY, NEBRASKA,
CONTAINING 0,02 ACRES, MORE OR LESS,
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12 of 14 12/6/2022, 3:00 PM
TL 227