Uniform Residential Appraisal Report
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7Uniform Residential Appraisal Report
File #
The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.
Property Address
City
State
Zip Code
Borrower
Owner of Public Record
County
Legal Description
Assessor’s Parcel #
Tax Year
R.E. Taxes $
S
U
Neighborhood Name
Map Reference
Census Tract
B
Occupant
Owner
Tenant
Vacant
Special Assessments $
PUD
HOA $
per year
per month
J
E
Property Rights Appraised
Fee Simple
Leasehold
Other (describe)
C
Assignment Type
Purchase Transaction
Refinance Transaction
Other (describe)
T
Lender/Client
Address
Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal?
Yes
No
Report data source(s) used, offering price(s), and date(s).
I
did
did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not
performed.
C
O
N
Contract Price $
Date of Contract
Is the property seller the owner of public record?
Yes
No Data Source(s)
T
R
Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower?
Yes
No
A
If Yes, report the total dollar amount and describe the items to be paid.
C
T
Note: Race and the racial composition of the neighborhood are not appraisal factors.
Neighborhood Characteristics
One-Unit Housing Trends
One-Unit Housing
Present Land Use %
Location
Urban
Suburban
Rural
Property Values
Increasing
Stable
Declining
PRICE
AGE
One-Unit
%
N
Built-Up
Over 75%
25–75%
Under 25% Demand/Supply
Shortage
In Balance
Over Supply
$ (000)
(yrs)
2-4 Unit
%
E
I
Growth
Rapid
Stable
Slow
Marketing Time
Under 3 mths
3–6 mths
Over 6 mths
Low
Multi-Family
%
G
H
Neighborhood Boundaries
High
Commercial
%
B
Pred.
Other
%
O
R
Neighborhood Description
H
O
O
D
Market Conditions (including support for the above conclusions)
Dimensions
Area
Shape
View
Specific Zoning Classification
Zoning Description
Zoning Compliance
Legal
Legal Nonconforming (Grandfathered Use)
No Zoning
Illegal (describe)
Is the highest and best use of the subject property as improved (or as proposed per plans and specifications) the present use?
Yes
No If No, describe
Utilities
Public Other (describe)
Public Other (describe)
Off-site Improvements—Type
Public
Private
S
Electricity
Water
Street
I
T
Gas
Sanitary Sewer
Alley
E
FEMA Special Flood Hazard Area
Yes
No FEMA Flood Zone
FEMA Map #
FEMA Map Date
Are the utilities and off-site improvements typical for the market area?
Yes
No If No, describe
Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)?
Yes
No If Yes, describe
General Description
Foundation
Exterior Description
materials/condition Interior
materials/condition
Units
One
One with Accessory Unit
Concrete Slab
Crawl Space
Foundation Walls
Floors
# of Stories
Full Basement
Partial Basement Exterior Walls
Walls
Type
Det.
Att.
S-Det./End Unit Basement Area
sq. ft. Roof Surface
Trim/Finish
Existing
Proposed
Under Const. Basement Finish
% Gutters & Downspouts
Bath Floor
Design (Style)
Outside Entry/Exit
Sump Pump
Window Type
Bath Wainscot
Year Built
Evidence of
Infestation
Storm Sash/Insulated
Car Storage
None
Effective Age (Yrs)
Dampness
Settlement
Screens
Driveway # of Cars
Attic
None
Heating
FWA
HWBB
Radiant Amenities
Woodstove(s) #
Driveway Surface
Drop Stair
Stairs
Other
Fuel
Fireplace(s) #
Fence
Garage
# of Cars
I
Floor
Scuttle
Cooling
Central Air Conditioning
Patio/Deck
Porch
Carport
# of Cars
M
Finished
Heated
Individual
Other
Pool
Other
Att.
Det.
Built-in
P
R
Appliances
Refrigerator
Range/Oven
Dishwasher
Disposal
Microwave
Washer/Dryer
Other (describe)
O
V
Finished area above grade contains:
Rooms
Bedrooms
Bath(s)
Square Feet of Gross Living Area Above Grade
E
Additional features (special energy efficient items, etc.)
M
E
N
Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.).
T
S
Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property?
Yes
No If Yes, describe
Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)?
Yes
No If No, describe
Freddie Mac Form 70 March 2005
Page 1 of 6
Fannie Mae Form 1004 March 2005
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