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HomeMy WebLinkAboutBLD-23-000626 PLi1II7,- ONE & TWO FAMILY ONLY- BUILDING PERMIT Town of Yarmouth Building Department 0„..........1146 Route 28, South Yarmouth,MA 02664-4492508-398-2231 ext. 1261 Fax 508-398-0836Massachusetts State Building Code, 780 CMRBuilding Permit Application To Construct, Repair, Renovate Or Demolish a One-or Two-Family Dwelling This Section For Official Use Only Building Permit Number:61I234,03, Date Applied: RECEIVED Building Official(Print Name) Si a re Iv ZUL SECTION 1:SITE INFORMATION 1.1 Property Address: �16P1-Nn nPPARTMENT • 1.2 Assessors Map&Parcel Numbers By 5c ,SC -T// S,4 r a I? 1/ /7 2 1.1 a Is this an accepted street?yes ✓ no Map Number Parcel Number 1.3 Zoning Information: 1.4 Property Dimensions: • Zoning District Proposed Use Lot Area(s�) Frontage(ft) 1.5 Building Setbacks(ft) Front Yard Side Yards j Rear Yard Required Provided Required I Provided Required Provided 1.6 Water Supply: (M.G.L c.40,§54) 1.7 Flood Zone Information: 1.8 Sewage Disposal System: Zone: _ Outside Flood Zone? Check if yes❑ Municipal 0 On site disposal system 0 SECTION 2: PROPERTY OWNERSHIP' 2.1 Owner'of Record: L;246ETH .Jor s- Joyre `2C-Ae?y�,2-1.0.1/YIIR42.Ti l JJoyce.. N Syfiyoc/TI/ /1/p ' /i Name(Print) / TO-City,State,ZIP / /3S" itc +O my' 4VC�vt. (0/9-72/'F P/ J-.7 Z e e,,,n C4J7.NN T No. and Street / Telephone Email Address SECTION 3:DESCRIPTION OF PROPOSED WORK2(check all that apply) New Construction 0 Existing Building 137 Owner-Occupied Ie-Repairs(s) 0 I Alteration(s) Addition ❑ Demolition 0 Accessory Bldg. ❑ Number of Units Other 0 Specify: Brief Description of Proposed Work': Z N CwSc A ;_Sri Al. C. /0 'XZe ' D€c 191v0 ..4— /I/cc'J // 4' r Zn' 'ems/G-- SECTION 4: ESTIMATED CONSTRUCTION COSTS Item Estimated Costs: (Labor and Materials) Official Use Only 1. Building $ 425 ,..,„0.r 1. Building Permit Fee:$ -10 Indicate how fee is determined: 2.Electrical $�L 0 _ Standard City/Town Application Fee ❑Total Project Cost ( e 6)x multiplier x 3.Plumbing $ 2. Other Fees: $ / 4. Mechanical (HVAC) $ n//4 List: - 0 5.Mechanical (Fire Suppression) $ /V//-} Total All Fees: $ - 6.Total Project Cost: $ yr Check No. Check Amount: Cash Arlo on 8� r5"OO. 0 Paid in Full al Outstanding Balance Due: 0 \ 0 T �6� )6kl..ia �' 0,10 qm7/1- SRCTION"5: CONSTRUCTION SERVICES 5.1 Construction Supervisor License(CSL) / !� CS //3 /02— 2t ZtP,.2‘1 LCo�44.€ 4e , '/C C-7VU License Number Expiration Date Name of CSL Holder /4f�i�t/ / List CSL Type(see below)n't No.and Street 7 Type Description SO<4 G Nn/;S M4 CG,Cp U U Unrestricted(Buildings up to 35,000 Cu. ft.) City/Town,State,ZIP R Restricted 1&2 Family Dwelling Ivi Masonry RC I Roofing Covering WS Window and Siding 3 c8 73/- ,'f`0 8 Q��2��3 SF Solid Fuel Burning Appliances Bi..tiL �a•� I Insuulation Telephone Email address D Demolition 5.2 Registered Home Improvement Contractor(HIC) ). Y q Da Iaj z.E`on/,4-/z„.1) 0 HI Company Name or HIC Registrant Name HIC Registration Number Expiration Date /9V ,w4 i s No. eet , �,,,v t S /11/f 4Z66 Q SU ,7 3 Email address City/Town, State,ZIP Telephone C)8 9 SECTION 6:WORKERS' COMPENSATION INSURANCE AFFIDAVIT(M.G.L.c. 152.§ 25C(6)) Workers Compensation Insurance affidavit must be completed and submitted with this application. Failure to provide this affidavit will result in the denial of the Issuance of the building permit. Signed Affidavit Attached? Yes 0 No . 0 SECTION 7a: OWNER AUTHORIZATION TO BE COMPLETED WHEN OWNER'S AGENT OR CONTRACTOR APPLIES FOR BUILDING PERMIT I, as Owner of the subject property,hereby authorize 1—Son/44) R , /At 711.1 v to act on my behalf, in all matters relative to work authorized by this building permit application. Print Owner's Name(Electr nic Signature) Date • SECTION 7b: OWNER' OR AUTHORIZED AGENT DECLARATION By entering my name below,I hereby attest under the pains and penalties of peijuty that all of the information contained in this application is true and accurate to the best of my knowledge and understanding. Mlt-RT/✓ ��yew, ,�- 7. zc. Z 7-- Print Owner's or Authorized Agent's Name(Electronic Signature) Date NOTES: 1. An Owner who obtains a building permit to do his/her own work, or an owner who hires an unregistered contractor (not registered in the Home Improvement Contractor(HIC)Program), will not have access to the arbitration program or guaranty fund under M.G.L. c. 142A. Other important information on the HIC Program can be found at www.mass.gov/oca Information on the Construction Supervisor License can be found at www.mass.gov/dps 2. When substantial work is planned,provide the information below: Total floor area(sq. ft.) (including garage, finished basement/attics,decks or porch) Gross living area(sq.ft.) Habitable room count Number of fireplaces Number of bedrooms Number of bathrooms Number of half/baths Type of heating system Number of decks/porches Type of cooling system Enclosed Open 3. "Total Project Square Footage"may be substituted for"Total Project Cost" Lo,,t 11 A mass.gov p , 411 401 ' 41 itgo. umer 4 A Busirss, - elf i (OCABR) HIC Registration Complaints Registration 202898 Registrant LR3 Building and Fine Finishes LLC Name Leonard Reno Address 494 Main St City, State south dennis, MA 02660 Zip •Expiration 08/22/2023 Date Complaints Details No complaints found for this registrant. You can also view arbitration and Guaranty Fund history. Back To Search B ' of �� Standards ,. ‘ ------,., ,,.., ,,,, ,,,K, -- ,,,.., -.-, . ,,t,::t:i-I,,,v-,,f ,,,.‘ $ � y�g ,..,,. 2,,,;r1, ;., e ,..., ,-- , , , , :.: � £ ... A Q fi ` � g n * .IL"'€es ' The Commonwealth of Massachusetts 1_W'liiV►= /, Dopartynent of Industrial Accidents RECEIVED el 1 Congress Street, Suite 100 e='f;`= Boston, MA 02114-2017 :, °•`'4 www.mass.;ov/dig AUG 031022 Workers' Compensation Insurance Affidavit: Builders/Contractors/Electricians✓P ne DEPARTMENT TO BE FILED WITH THE PERMITTING AUTHORITY. By: __ Applicant Information Please Print Legibly Name (Business/Organization/Individual): Lic g ,-,-0,'„', i . 'min.-r,,, I L c. / Letv,airigfpido Address: yyy 1'11a;., c1- City/State/Zip:5- 1b.pru,"s ftn6 oZi.e i4.j3 Phone #: (5 ogi 73--yob 4- Are you an employer?Check the appropriate box: Type of project(required): 1. I am a employer with ( employees(full and/or part-time).* 7. ❑New construction 2. • I am a sole proprietor or partnership and have no employees working for me in any capacity.[No workers'comp.insurance required.] 8• Remodeling 3.0 I am a homeowner doing all work myself.[No workers'comp. insurance required.] 9 ❑ Demolition 4.0 I am a homeowner and will be hiring contractors to conduct all work on mYProPnY� e I will 10 Building addition ensure that all contractors either have workers'compensation insurance or are sole 11.0 Electrical repairs or additions proprietors with no employees. 12.0 Plumbing repairs or additions 5.❑I am a general contractor and I have hired the sub-contractors listed on the attached sheet. These sub-contractors have employees and have workers'comp. insurance.* 1 •❑Roof repairs 6.0 We are a corporation and its officers have exercised their right of exemption per MGL c. 14.❑Other 152,§1(4),and we have no employees. [No workers'comp. insurance required.] *Any applicant that checks box#1 must also fill out the section below showing their workers'compensation policy information. T Homeowners who submit this affidavit indicating they are doing all work and then hire outside contractors must submit a new affidavit indicating such. *Contractors that check this box must attached an additional sheet showing the name of the sub-contractors and state whether or not those entities have employees. If the sub-contractors have employees,they must provide their workers'comp.policy number. I am an employer that is providing workers'compensation insurance for my employees. Below is the policy and job site information. Insurance Company Name: 4/ 4 J-I via i Policy#or Self-ins.Lic. #: S7,6-s 24 -S- Expiration Date: 3/i 2120 z ai Job Site Address: $w .5r, N,(, Sh c At ,,- City/State/Zip: S.ty P� `/airnceYt- dnr3- 0244iei Attach a copy of the workers' compensation policy declaration page(showing the policy number and expiration date). Failure to secure coverage as required under MGL c. 152, §25A is a criminal violation punishable by a fine up to $1,500.00 and/or one-year imprisonment, as well as civil penalties in the form of a STOP WORK ORDER and a fine of up to$250.00 a day against the violator.A copy of this statement may be forwarded to the Office of Investigations of the DIA for insurance coverage verification. I do hereby certify under the pains and penalties of perjury that the information provided above is true and correct. Signature: /.�Q �yf-- Date.8/1/20•�3 Phone#: (5- ). 34—calol9- Official use only. Do not write in this area, to be completed by city or town official. City or Town: Permit/License# Issuing Authority (circle one): 1. Board of Health 2. Building Department 3. City/Town Clerk 4. Electrical Inspector 5. Plumbing Inspector 6, Other Contact Person: Phone#: of 44 TOWN OF YARMOUTH i;,i �� Y Y BUILDING DEPARTMENT MAn 1^ s 1146 Route 28,South Yarmouth,MA 02664 508-398-2231 ext 1261 Fax 508-398-0836 BUILDING DEPARTMENT DEMOLITION DEBRIS DISPOSAL AFFIDAVIT Pursuant to M.G.L. Chapter 40, Section 54 and 780 CMR, Chapter 1, Section 111.5, I hereby certify that the debris resulting from the proposed work/demolition to be conducted at Work Address Is to be disposed of at the following location: �,g2.rraLtrir Said disposal site shall be a licensed solid waste facility as defined by M.G.L. Chapter 111, Section 150A. Signature o c io Date Permit No. . ` Sears, Tim From: Sears, Tim Sent: Wednesday,August 17. 2O22916AK4 To: 'nob@|[3bui|d.cono' Cc: Water Department Subject: S6 South Shore Drive leo'nrd, | verev�vved your a9p|�adonfor the sunroon�/ded, and you are going to nee VVaterDepa�n�entsign off. Thank you Timothy Sears CBO Deputy Building Commissioner Town ofYarmouth 508-398-2231 Ext. 1259 mnai|to:tsears(@yarnoouth.mna.us 1 APPRAISAL REPORT of Single Family Residence at 56 S Shore Dr South Yarmouth,MA 02664 As Of: 5/12/2022 Prepared For. No AMC Marty Joyce 56-60 South Shore Drive South Yarmouth,MA 02664 Prepared By: Nicholas E.Fernandes,Jr. Network Appraisal Services 422 Route 130 Sandwich,MA 02563 Network Appraisal Services 422 Route 130 Sandwich,MA 02563 508-833-0505 Fax 508-833-0404 06/15/2022 Marty Joyce 56-60 South Shore Drive South Yarmouth,MA 02664 RE: Marty Joyce 56 S Shore Dr South Yarmouth,MA 02664 File No. 11146 Case No. Dear Client In accordance with your request,I have personally inspected and prepared an appraisal report of the real property located at 56 S Shore Dr,South Yarmouth,MA 02664 The purpose of this appraisal is to estimate the market value of the property described in the body of this appraisal report. Enclosed,please find the appraisal report which describes certain data gathered during our investigation of the property. The methods of approach and reasoning in the valuation of the various physical and economic factors of the subject property are contained in this report. An inspection of the property and a study of pertinent factors,including valuation trends and an analysis of neighborhood data,led the appraiser to the conclusion that the market value,as of 5/12/2022 is: $ 865,000 The opinion of value expressed in this report is contingent upon the limiting conditions attached to this report. It has been a pleasure to assist you. If I may be of further service to you in the future,please let me know. Respectfully submitted, Signature: 7 Gl✓• ' ' (7) Nicholas E.Fernandes,Jr. Certified Residential MA Lic.#1880 Network Appraisal Services File No. 11146 . r Cacs,No. Appraisal Report Residential Appraisal Report The purpose of this aopraisa reoort is to Provide the client with an accurate,and adeoualehr supported.opinion of the market value of the subiect property. Property Address 56 S Shore Dr City South Yarmouth State MA Zip Code 02664 Owner Elizabeth A Joyce Intended User Marty Joyce County Barnstable Legal Description See Deed Barnstable County Registry of Deeds Certificate#1266629 Tax Yea 2022 RE.Taxes$ 7,059.42 r Assessor's Parcel# 0019 00025 U Neighborhood Name South Yarmouth of town of Yarmouth Map Reference 0019 Census Tract 0120.02 Wi Occupant ITO Owner Tenant I Vacant Special Assessments$ 0 El PUD HOA$ 100 I X 1 per year I 1 per month QProperty Rights Appraised X Fee Simple ElLeasehold El Other(describe) Intended Use Estimate Value Client Marty Joyce Address 56-60 South Shore Drive,South Yarmouth,MA 02664 Is the subject property currently offered for sale or has it been offered for sale in the hweJve months prior air the effective date of this appraisal? I I Yes I x 1 No Report data source(s)used,offerings price(s),and date(s). Based on data from the MLS and or the borrower,the subject property is not currently offered for sale nor has it been offered for sale in the past 12 months prior to the effective date of this appraisal. LJ I del LI 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 m— performed. 0 II Contract Price S Date of Contract Is the property seller the owner of public record? I 1 Yes I I No Data Source(s) z Is there any financial assistance(loan charges,sale concessions,gift or downpayment assistance,etc.)to be paid by any party on behalf of the purchaser? Yes X No o 0 If Yes,report the total dollar amount and describe the items to be paid. Note:Race and the racial conw osfbon of the neighbortwod ate not appraisal factors. Location—Urban X�Suburban Rural Property Values X Increasing Stable Declining g PRICE AGE One-Unit 75 % p Built-Up —Over 75% X 25-75% —Under25% Demand/Supply X image —In Balance —awSuPrer $(000) (vrs) 2-4 Unit % 2 Growth Rapid X Stable Slow Marketing Time X lhder3rd Owv ts 3-6 mths 6nds 450 Low 2 Mutti-Fanmly % NeighbodmodBoundaries The subject is generally bounded by Barnstable town f to the west,Route 28to 2,000 High 100 Commercial 20 % pgp the north,the Dennis town line to the east and Nantucket Sound to the south. 750 Pred. 30 Other Vacant 5 % car Neighborhood Description The subject neighborhood consists of residential uses.There were no other adverse factors noted upon inspection that would ihave a negative effect on the marketability or overall value of the subject property.The subject is located in a predominately residential neighborhood in its growth stage of its life cycle.The appeal of the neighborhood is average for Yarmouth. Market Conditions(including support for the above conclusions) Analysis of recent sales activity within the subject's market area revealed an pease in sales activity with a dedine in supply.Overall,marketing times have shortened with an improving market year over year.Competitively Priced homes within the area will typically experience marketing times between 1-3 months for competitively priced homes. Sales cotx.ebbions are not wicnvnon in this market. Dimensions See Site Map for Area Calculation Area 25700 sf Shape Generally Rectangular View VVaterview Specific Zoning Classification R40 Zoning DesaiAon 40,000 min/150'frontage Zoning Compliance I I left n Legal Nonconforming(Gradfathered Use)II No Zoning I (Illegal(describe) Is the highest and best use of subiect property as improved(or as proposed per plans and specifications)the present use? I�Yes n No If No,describe. Utilities Public Other(desufime) Public Other(describe) Off-sitekanrovemdrts—Type Public Private UJ Electricity X _ Water X _ Street Asphalt X — ' Gas X Sanitary Sewer X Private l Alley None FEMA Special Flood Hazard Area I x IYes I I No FEMA Flood Zone AE FEW Map# 25001C0589J FEW Map Date 07/16/2014 Are the utilities and/or off-site i orroverrnennts typical or the market area? lx 1 Yes 1-1 No If No.describe. Are there any adverse site conditions or external factors(easements,encroachments,environmental cadifiors.land uses,etc)? I IYes I X I No If Yes,describe. See attached assessor map. The subject appears to be in a Flood Hazard Zone. There were no other adverse easements,encroachments, conditions or special assessments noted as of the date of inspection as indicated through a search of available public records. Private septic systems are typical of the area not adverse to marketability. Units f OneX One with Accessory Unit,Concrete Slab X Crawl Space Foundation Walls Concrete Block/Avq Floors Cpt/Pine/Avg #of Stories 1.0 Full Basement iartier Basement Exterior Walls Wd Shingle/Avg Walls Drywall/Pine/Avg TyLpe x l Det. Att S-Det/End Unit BasementArea sq.ft. Roof Surface Asphalt/Fair Trim/Finish Wood/Ptd/Avq X lustingUnder Coast. Basement Finish % Gutters&Downspouts Wood/Poor Bath Floor Tile/Avg Design(Style) Ranch ,I X I Outside En /Exit[ lSump Porno Window Type DH/Combo/Avg Bath Wainscot Fiber glass/Avg Year Built 1926 Evidence of Infestation Storm SasMnsulaled Adequate Car Storage I I None Effective Age(Yrs) 30 1 l Dampness Settlement Screens Yes [ 1 Driveway #of Cars 2 Attic None I IFWA I HWB f IRa Amenities Woodsteve(s)# Driveway Surface S.Shell Drop Stair — Stairs I-1Other (Fuel X Fireplace(s)# 1 —Fence None —Garage #of Cas 2 co —Floor X Scuttle Cooling Central Air Conditioning X Patio/Deck X Porch Porch —Carport #of Cars 0 z• Finished Heated akindividuall Faother Pod Other None At ripe. fl Built-in W Appliaces[T Refrigerator ill Range/Oven IX'Dishwasher Disposal! NFCmwavenWasher/Dryer(Other(describe) w Finished area above grade contains: 6 Rooms 3 Bedrooms 1.00 Bath(s) 775 Square Feet of Gross Living Area Above Grade o Additional features(special enemy efficient items,etc.) The subject is typical of older homes in the area.The subject is a 1 story seasonal use ranch style a dwelling with a detached accessory unit,enclosed porch and a rear deck. g Describe the condition of the property(including needed remits,deterioration,renovations,remodeling,etc.). The subject dwelling appears to be sound and functional.The subject is in average overall condition.The exterior is wood shingles which are in average condition.The gutters and roof appear to be at teh end of their economic life.There were no other items of functional,external or locational obsolescence noted. Are there any physical deficiencies or adverse conditions that affect the livabiity,soundness,or structural integrity of the property/? I IYes l X1 No If Yes,describe The subject dwelling appears to be sound and functional. On the date of inspection,there were no items of functional obsolescence observed by the appraiser. Does the property general conform to the neighborhood(functional udilv,style,condition,use,construction,etc.)? I x IYes I-1 No If No,describe NL-Residential 5/2007 This form may be reproduced unmodified without written pemvsssion,however,Bradford Technologies,Inc.must be acknowledged and credited. Produced by ClickFORMS Software 800-622-8727 Page 1 of 23 Network Appraisal Services File No. 11146 Case No. Residential Appraisal Report There we 0 comparable properties currently offered for sale in the subject neighborhood raging in twice from$ to$ There we 0 comparable sales m the sutiect neighborhood within the past twelve months rana/a in sale rlece from$ to$ FEATURE i SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Adckess 56 S Shore Dr 16 S Shore Dr 7 Beachwood Rd 176 Seaview Ave South Yarmouth MA 02664 South Yarmouth,MA 02664 South Yarmouth,MA 02664 South Yarmouth,MA 02664 Proximity to Subject , 0.10 miles SW 0.48 miles NE 0.21 miles N Sale Price $ N $ 1,305 000 !s $ 690,000 ` $ 725,000 Sale P Liv.Area $ 0.00 sq.ft. $ 1,359.38 sig.ft._', " $ 704.08 sq.t - :$ 608.22 so.it .7 i, , n` Data Source(s) a, CapeMLS#22200212/Public Record CapeMLSE22100924/Public Record CapeMLS#22200486/Public Record Verification Source(s) ...: _ Banker and Tradesmen Banker and Tradesmen Banker and Tradesmen VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-)$Adiustnwnt DESCRIPTION +(-)S Adjustment DESCRIPTION +r-)S Adjustment Sale or Financing Conv/N.Noted Cash Conv/N.Noted �` Concessions DOM 47 DOM 13 DOM 29 5/06/2022 Date of Sale/imne -,� 4/15/2022 4/21/2021 LocationGood Good/WaterFront -500,000 Good/Avg +70,000 Good/Avg +35,000 Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Site 25700 sf 7841 sf 3049 sf +50,000 17424 sf +150,000 View Waterview Waterview Partial Waterview +70,000 Res/Avg Design(Style) Ranch Ranch Colonial Cape Quality of Construction Average Average Average Average Actual Age 92 yrs 63 yrs 71 yrs 35 yrs Condition Average Average Good -100,000 Good -100,000 Above Grade Total Bdnns Baths Total Bdrms. Baths Total Bdms. Baths +10,000 Total Bdr s Baths -20,0006 3 2.0 Room Count 6 3 1.00 5 3 2.0 -20,000 5 2 1.1 Gross Living Area 775 sq.ft 960 sq.ft. -37,000 980 sq.ft. -41,000 1,192 sq.ft. -83,40C Basement&Finished Crawispace Crawlspace Crawlspace Full/Unfn. -15,00C fQ Rooms Below Grade co Functional Utility Average Average Average Average aHeating/Cooli g None FWA/Central -15,000 FWA/Splft AC -15,000 ElecBsd/None -5,000 z Energy Efficient Items None None None None z Garage/Caport None None None None O Porch/Patio/Deck Deck,Porch Deck +5,000 Patio +5,000 Deck +5,00C inii Fireplaces 1 Fireplace None +4,000 1 Fireplace 1 Fireplace Q Acc Dwelling 624 Sf Acc Dwell None +125,000 None +125,000 None +125,000 a 2 8 NetAdestment(Total) > n +1.1(1- $ -438,000 (X1+[l- $ 174,000 FR1 +{-I - $ 91,600 w Adjusted Sale Price Net Ado-34% Net Act 25% Net Act 13% Lu of Com _Gross Act:54% $ 867,000 Gross Arf4 70% $ 864,000 Gross Act 74% $ 816,600 co I I X lib El did not research the sale or transfer history of the subject property and comparable sales.If not,explain My research I Idd n did not reveal any prior sales a transfers of the subject property for the three years prior to the effective dale of this appraisal. Data sources Banker&Tradesmen,MLS and Public Records My research lIdid n did not reveal am prior sales or transfers of the comparable sales for the yea prior to the date of sale of the comparable sale. Data source(s) Banker&Tradesmen,MLS and Public Records Report the results of the research aid analysis of the prior sale or transfer history of the subject property and comparable sales(report additional prior sales on pale 3). ITEM SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Date of Prior Sale/iransfer Price of Prior Sale/Transfer Data Source(s) Banker and Tradesmen Banker and Tradesmen Banker and Tradesmen Banker and Tradesmen Effective Date of Data Source(s) 06/14/2022 06/14/2022 06/14/2022 06/14/2022 Analysis of prior sale or transfer history of the subject property and comparable sales The subject has not sold within the past three years.There have been no reported sales or listings of the comparable sales,other than those reported in this appraisal report,within the past year as per public records and MLS information. t researched,verified,analyzed,and reported on any current agreement for sale for the subject property,any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal,and the prior sales of the subject property fora minimum of three years prior to the effective date of this appraisal,unless otherwise indicated in this report. I also have researched,verified,analyzed,and reported on the prior sales of the comparable sales fora minimum of one year prior to the date of sale of the comparable sale,unless otherwise indicated in Summary of Sales Comparison Approach See comment addenum Indicated Value by Sales Comparison Approach$ 865,000 Indicated Value by:Sales Comparison Approach$ 865,000 Cost Approach id developed)$ 862,200 Income Approach(if developed)$ 0 Total weight was placed on the Sales comparison Approach to value supported.Due to the subject's age,the cost approach was considered not Qapplicable. The Income Approach was considered but not applied due to the lack of reliable single family rental data in the market area. g on the basis of a hypothetical condition that the improvements have been 11 This appraisal s made 0"as is," El subject to completion per plans and specifications U completed,❑subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs a alterations have been completed,or❑ subjecttothe O following required inspection based on the extraordinav assumption that the condition or deficiency does not isauke alteration or ram. The subject is being appraised w as is. Based on a complete visual inspection of the interior and exterior areas of the subject property,defined scope of work,statement of assumptions and limiting conditions,and appraiser's certification,my(our)opinion of the market value,as defused,of the real property that is the subject ofthis report is $ 865,000 .as of 5/12/2022 NL-Residential 5/2007 This form may be reproduced unmodified without written permission,however,Bradford Technologies,Inc.must be acknowledged and credited. Produced by ClickFORMS Software 800-622-8727 Page 2 of 23 Network Appraisal Services File No. 11146 • (`.ase No. Residential Appraisal Report Comparable Photos: Some Photographs utilized in this appraisal report have been taken from the appraisers`gable data base. Adverse natural conditions such as dense vegetation which limits the view from the street,restrictive access to a gated community and or trespassing notification can create difficulty in obtaining a photograph of some comparable sales. Wien natural conditions and or access limitations occurs,the appraiser attimes maybe unable to personally Photograph a particular comparable sale.The appraiser may at times deem it necessary to utilized digital photos from the MLS. These photos,at times,best reflect the comparables physical characteristics and are considered to be the best photographs available at the time of the appraisal. N F z W 2 0 U J Q Z 0 F a a Support for the opinion of site value(summary of comparable land sales or other methods for estimating site value) The subject land value was derived through a compilation and correlation of data from the subject community and or market area. This data includes information obtained from comparables dosed sales,current listings,comparable sale land extractions,and through the allocation method. v ESTIMATED n REPRODUCTION OR I T(REPLACEMENT COST NEW OPINION OF SITE VALUE 4 575,000 p Source of cost data Local Builders and Appraisers estimates Dwedira 775 Se.Ft.Or$ 400.00 $ 310,000 Cr- Quality rating from cost service Avg Effective date of cost data 6/2022 Bsmt. So.Ft QS $ 0 aComments on Cost Approach tams living area calculations,depreciation.et.) Acc Dwelling 150,000 .- See the sketch for building dimensions.The Cost Approach was derived Garaae/Caport So.Ft Fix$ $ 0 p through a correlation of data from Cost Service handbook and Total Estimate of Cost-new $ 460,000 0 conversations with local builders and developers. Physical depreciation Less Physical 43 Functional 0 External 0 was calculated by the effective age/physical life method. The physical Depreciation 197,800 0 0 4( 197,8800 life is based on a 70 year period and the effective age is 30 years. Land Depreciated Cost of knDwvemr 4 2 2,2 0 value derived from comparable sales,assessment records and allocation. "As-is"Value of Site(movements Estimated RerPar(rjng ropvc,Life JUD VA ty) 40 ,Y arc In d V u _ Appqacj. 862 0 8 Estimated Monthly Market Rent$ 0 X Gross Multiplier 4 0 Indicated Value by Income Approach z Summary of Income Approach(inducting support for market rent and GRMI Is the developer/builder in control of the Homeowners Association MOA)? Yes No Unittvpe(sl Detached Attached Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit Legal Name of Project 0 Total number of phases Total number of units Total number of units sold Total number of units rented Total number of units for sale Data sourcen sl g Was the protect created by the conversion of existWuiting into a PUD?I I Yes I No If Yes,dote of conversion. ix Does the project contain any multi-dwelling units? Yes I No Datasource. O 1-1 NoIf No,describe the status of completion. Li-• Are the units,common elements,and recreation facilities condete?n Yes 0 a• Are the coriaran elements leased to or by the Homeowner's Association?I 'Yes FIND If Yes.describe the rental terms and options. Describe common elements and recreational fealties. NL-Residential 5/2007 This form may be reproduced unmodified without written permission,however,Bradford Technologies,Inc.must be acknowledged and credited. Produced by ClickFORMS Software 800-622-8727 Page 3 of 23 Network Appraisal Services File No. 11146 Case No. This appraisal report is subject to the scope of work,intended use,intended user,definition of market value,statement of atsiimptions and limiting conditions,and certifications.The Appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form,including the following definition of market value,statement of perform a complete visual assumptions and limiting conditions,and certifications.The appraiser must,at a minimum:(1) sales from at least the street, inspection of the subject property,(2)inspect the neighborhood,(3)inspect each of the comparable (4)research,verify,and analyze data from reliable public and/or private sources,and(5)report his or her analysis,opinions,and conclusions in this appraisal report. DEFINITION OF MARKET VALUE:As per Fannie Mae the definition of market value is the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale,the buyer and seller,each acting prudently,knowledgeably and assuming the price is not affected by undue stimulus.Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:(1)buyer and seller are typically motivated;(2)both parties are well informed or well advised,and each acting in what he or she considers his or her own best interest;(3)a reasonable time is allowed for exposure in the open market;(4)payment is made in terms of cash in U.S.dollars or in terms of financial arrangements comparable thereto;and(5)the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions*granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions.No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area;these costs are readily identifiable since the seller pays these costs in virtually all sales transactions.Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction.Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the markers reaction to the financing or concessions based on the appraiser's judgment STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting condi ions: 1.The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it,except for information that he or she became aware of during the research involved in performing this appraisal.The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2.The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3.The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources)and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area.Because the appraiser is not a surveyor,he or she makes no guarantees,express or implied,regarding this determination. 4.The appraiser will not give testimony or appear in court arm.he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand,or as otherwise required by law. 5.The appraiser has noted in this appraisal report any adverse conditions(such as needed repairs,deterioration,the presence of hazardous wastes,toxic substances,etc.)observed during the inspection of the subject property or that he or this Unless otherwise stated in this appraisal she became aware of during the research involved in performing appraisal• report,the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property(such as,but not limited to,needed repairs,deterioration,the presence of hazardous wastes,toxic substances, adverse environmental conditions,etc.)that would make the property less valuable,and has assumed that there are such conditions and makes no guarantees or warranties,express or implied.The appraiser will not be responsible any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards,this appraisal report must not be considered as an environmental assessment of the property. 6.The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion,repairs,or alterations on the assumption that the completion,repairs,or alterations of the subject property will be performed in a professional manner. This form may be reproduced unmodified without written permission,however,Bradford Technologies,Inc.must be acknowledged and credited. NL-General Certification 5120074 of 23 Produced by GickFORMS Software 800-622-8727 Page Network Appraisal Services File No. 11146 Case No. APPRAISER'S CERTIFICATION:The Appraiser certifies and agrees that 1.1 have,at a minimum,developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2.I performed a visual inspection of the interior and exterior areas of the subject property.I reported the condition of the improvements in factual,specific terms.I identified and reported the physical deficiencies that could affect the livability,soundness,or structural integrity of the property. 3.I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4.I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value.I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment.I further certify that I considered the cost and income approaches to value but did not develop them,unless otherwise indicated in this report. 5.I researched,verified,analyzed,and reported on any current agreement for sale for the subject property,any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal,and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal,unless otherwise indicated in this report. 6.1 researched,verified,analyzed,and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale,unless otherwise indicated in this report. 7.I selected and used comparable sales that are locationally,physically,and functionally the most similar to the subject property. 8.I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9.I have reported adjustments to the comparable sales that reflect the markets reaction to the differences between the subject property and the comparable sales. 10.I verified,from a disinterested source,all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11.I have knowledge and experience in appraising this type of property in this market area. 12.I am aware of,and have access to,the necessary and appropriate public and private data sources,such as multiple listing services,tax assessment records,public land records and other such data sources for the area in which the property is located. 13.I obtained the information,estimates,and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14.1 have taken into consideration the factors that have an impact on value with respect to the subject neighborhood,subject property,and the proximity of the subject property to adverse influences in the development of my opinion of market value.I have noted in this appraisal report any adverse conditions(such as,but not limited to,needed repairs,deterioration,the presence of hazardous wastes,toxic substances,adverse environmental conditions,etc.)observed during the inspection of the subject property or that I became aware of during the rccwarch involved in performing this appraisal.1 have considered these adverse conditions in my analysis of the property value,and have reported on the effect of the conditions on the value and marketability of the subject property. 15.1 have not knowingly withheld any significant information from this appraisal report and,to the best of my knowledge,all statements and information in this appraisal report are true and correct. 16.I stated in this appraisal report my own personal,unbiased,and professional analysis,opinions,and conclusions,which are subject only to the accumptions and limiting conditions in this appraisal report. 17.1 have no present or prospective interest in the property that is the subject of this report,and I have no present or prospective personal interest or bias with respect to the participants in the transaction.I did not base,either partially or completely,my analysis and/or opinion of market value in this appraisal report on the race,color,religion,sex,age,marital status,handicap,familial status,or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18.My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding,written or otherwise,that I would report(or present analysis supporting)a predetermined specific value,a predetermined minimum value,a range or direction in value,a value that favors the cause of any party,or the attainment of a specific result or occurrence of a specific subsequent event 19.I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report.If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report,I have named such individual(s)and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks.I have not authorized anyone to make a change to any item in this appraisal report;therefore,any change made to this appraisal is unauthorized and I will take no responsibility for it. 20.I identified the dient in this appraisal report who is the individual,organization,or agent for the organization that ordered and will receive this appraisal report. NL-General Certification 5/2007 This form may be reproduced unmodified without written pension,however,Bradford Technologies,Inc.nest be admowledged and credited. Produced by ClickFORMS Software 800-622-8727 Page 5 of 23 Network Appraisal Services File No. 11146 • Case No. 21.1 am aware that any disclosure or distribution of this appraisal report by me or the client may be subject to certain laws and regulations.Further,I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 22.If this appraisal report was transmitted as an"electronic record"containing my"electronic signature,"as those terms are defined in applicable federal and/or state laws(excluding audio and video recordings),or a facsimile transmission of this appraisal report containing a copy or representation of my signature,the appraisal report shall be as effective,enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that 1.I directly supervised the appraiser for this appraisal assignment,have read the appraisal report,and agree with the appraiser's analysis,opinions,statements,conclusions,and the appraiser's certification. 2.I accept full responsibility for the contents of this appraisal report including,but not limited to,the appraiser's analysis,opinions, statements,conclusions,and the appraiser's certification. 3.The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser(or the appraisal firm),is qualified to perform this appraisal,and is acceptable to perform this appraisal under the applicable state law. 4.This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5.If this appraisal report was transmitted as an"electronic rtwrd"containing my"electronic signature,"as those terms are defined in applicable federal and/or state laws(excluding audio and video recordings),or a facsimile transmission of this appraisal report containing a copy or representation of my signature,the appraisal report shall be as effective,enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER SUPERVISORY APPRAISER(ONLY IF REQUIRED) Signature 1'/C -- —z'- Signature Name Nicholas E.Fernandes,Jr. Name Company Name Network Appraisal Services Company Name Company Address 422 Route 130 Company Address Sandwich,MA 02563 Telephone Number 598-833-0505 Telephone Number Email Address nicks networkappraisalservices.com Email Address Date of Signature and Report 06/15/2022 Date of Signature Effective Date of Appraisal 5/12/2022 State Certification# State Certification# MACR#1880 or State License# or State License# State or Other(describe) State# Expiration Date of Certification oLicense State MA Expiration Date of Certification or License 05/18/2023 SUBJECT PROPERTY ADDRESS OF PROPERTY APPRAISED 56 S Shore Dr ®Did not inspect subject property South Yarmouth,MA 02664 Did inspect exterior of subject property from street Date of Inspection APPRAISED VALUE OF SUBJECT PROPERTY$ 865,000 ❑Did inspect interior and exterior of subject property CLIENT Date of Inspection Name No AMC Company Name Marty Joyce COMPARABLE SALES Company Address 56-60 South Shore Drive C Did not inspect exterior of comparable sales from street South Yarmouth,MA 02664 C Did inspect exterior of comparable sales from street Email Address Date of Inspection NL-General Certification 5/2007 This form may be reproduced unmodified without wr n permission,hammer,Bradford Technologies,Inc.must be acknowledged and credited. Produced by ClickFORMS Software 800-622-8727 Page 6 of 23 Network Appraisal Services COMMENT ADDENDUM File No. 11146 Case No. Borrower Marty Joyce PropertyAddress 56 S Shore Dr City South Yarmouth County Barnstable State MA Zo Code 02664 Lender/Client Marty Joyce Address 56-60 South Shore Drive,South Yarmouth,MA 02664 Type of Appraisal and Report Format: The attached appraisal report is an Appraisal Report,as defined by USPAP. Intended User.Marty Joyce PURPOSE AND FUNCTION OF THE APPRAISAL The report has been requested for the purpose of estimating the market value,as defined herein,owned in fee simple and unencumbered,as of the effective date. The function of the appraisal is to assist the client in an Estate evaluation. This assignment was accepted by Network Appraisal Services on the basis that the appraisal report will be solely and exclusively used by client for mortgage lending. Personal Property: No items of personal property were included in the final value estimate of the subject property. Scope of Work The scope of work for this appraisal is defined by the complexity of the appraisal assignment and the reporting requirements of this appraisal report form,including the definition of market value,statement of assumptions and limiting conditions,and certifications of the appraiser(s).The appraiser has:1)performed a visual inspection of the interior to include all living areas and the basement if applicable.The inspection also include a walk around of the exterior of the subject property to include any out buildings,2)inspected the subject neighborhood,3)inspected each of the comparable sales from the street,4) researched,verified,and analyzed data from available public records and private sources,and 5)reported his/her analysis, opinions,and conclusions in this appraisal report. In developing a valuation for the subject property,the selection of comparable data within the subjects market area or competing market areas was collected from our office files;M.L.S.sources;real estate trade data;Banker and Tradesman; the assessors office and the persons who have knowledge of the subject property in the marketplace.The sources and data are considered reliable.When conflicting information was provided,the source deemed most reliable has been used.Data believed to be unreliable was not included in this report nor used as a basis for the final estimate of value.The Cost Approach was not within the scope of work at the request of the client Typically,this approach would be used to support the Sales Comparison Approach when adequate comparable land sales data is available. The Income Approach was also not within the scope of work in this assignment Typically,in appraising a single family home in an owner occupied area,this approach would not be developed since most buyers do not base their decisions solely on potential income benefits. The appraiser is not a home or environmental inspector.The appraiser provides an opinion of value.The appraisal does not guarantee that the property is free of defects or environmental problems.The appraiser performs an inspection of visible and accessible areas only.Mold may be present in areas the appraiser can not see.A professional home inspection and an environmental inspection are recommended. ANSI-Standard: The appraiser has applied the ANSI Standard(ANSI Z765-2021)for measuring,calculating,and reporting the subject gross finished and or conditioned living area. The appraiser has measured the subject by utilizing the subject exterior measurements.Unfinished areas,partially below grade areas or below grade areas have been included in the subject finished area.See attached floor plan sketch. STATEMENT OF COMPETENCY The undersigned appraisers certify that they have the knowledge and experience to perform this assignment or have taken the necessary steps in order to comply with the Uniform Standards of Professional Appraisal Practice adopted by the Appraisal Standards Board of the Appraisal Foundation. Highest and Best Use: Highest and Best Use is defined as the"the reasonably probable and legal use of vacant land or an improved property,which is physically possible,appropriately supported,financially feasible,and that results in the highest value". The four criteria the Highest and Best Use must meet are 1)Legal Permissibility,2)Physical Possibility,3)Financial Feasibility,and 4)Maximum Profitability. Based on examinations of locational and environmental influences on the subject property,and analyses of the property with respect to access,utilities,adjacent and nearby uses,zoning bylaws,and the functional utility of the improvements,the Highest and Best Use of the subject property as of the effective date of the appraisal was considered by the appraiser to be its existing residential use. Therefore,the highest and best use of the underlying land"as vacant"is for a residential use and the highest and best use of the subject property"as improved"is for its present use. Overall Site Value: The value of the site is greater than 30%of the total property value which is common for the subjects neighborhood. Some sales as well as offerings also indicate land values in excess of 30%. It is this appraiser's opinion that the site value for the subject property is reasonable. Produced by ClickFORMS Software 800-622-8727 Page 7 of 23 Network Appraisal Services • • COMMENT DDENDUM File No. 11146 Case No. Borrower Marty Joyce Property Address 56 S Shore Dr City South Yarmouth County Barnstable State MA Zip Code 02664 Lender/client Marty Joyce Address 56-60 South Shore Drive,South Yarmouth,MA 02664 On-site Sewage System: The subject property does not have access to public sewer lines as of the date of the appraisal. As a result,an on-site sewage system is utilized,in this market,does not have a negative effect on property values. It is assumed,however,that the private sewage system meets state requirements known as Title V. There was no seepage noted on the date of inspection. It should also be noted that there is no public sewer lines in the general vicinity of the subject Therekrr,the appraiser is unable to estimate the cost of connecting to public sewer. Hazardous Substances: The value estimate in this appraisal report is based upon the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environmental conditions. This appraiser is not an expert in the identification of hazardous substances or detrimental environmental conditions. The appraiser's routine inspection of and inquiries about the subject property did not develop any information that indicated any apparent hazardous substances or detrimental environmental conditions which would effect the property negatively. LAND TO TOTAL VALUE RATIO: The land to total value ratio will exceed normal relationships recognized by the appraisal industry.This is indicative of the limited amount of land available in a popular resort area.The higher ratios are accepted by the buying public. Overall Site Value: The value of the site is greater than 30%of the total property value which is common for the subject's neighborhood. Some sales as well as offerings also indicate land values in excess of 30%. It is this appraiser's opinion that the site value for the subject property is reasonable. Legal Non-Conforming:: It is not uncommon for the zoning of a parcel to be noted as"legal,non-conforming."The area has undergone tremendous growth periods.Local communities have attempted to control growth by increasing the lot size required to build.With the constant increase of minimum lot size,more and more pre-existing,legal lots come into being.This situation does not induce a negative marketing influence on the subject When the subject does not pocsPs either the required frontage and/or square footage,the subject was either granted a variance or zoning requirements have increase since the subject's site was established.Please note that any building, structure or use of land devoted to a non conforming use,or any building,structure or use of land considered a non conforming use at the time of this by-law may,if damaged or destroyed by fire or other accidental cause can be reconstructed/RE-BUILT or restored provided the reconstruction or restoration is started with 24 months following the damage or destruction.This by-law is enacted under the rights of self-govemment granted by the Massachusetts Constitution, Attomey General,and the authority granted under Chapter 40A of the general laws of Massachusetts.This law is in accordance with the provisions of Chapter 40A,General Law of Massachusetts. PRIVATE ROADWAY: The subject property is located on a private roadway,which is common throughout the Cape Cod&Island region.This does not appear to be a detriment to marketability,accessibility,or property value in this area.This roadway provides legal ingress and egress to the subject property. The road surface appeared to be in adequate condition and there appeared to be adequate access for all public services including police and fire protection.Routine road maintenance such as snow plowing is reportedly conducted by the town. Like the subject property,several of the comparable sales included in this report are also located on private roadways. According to the listing broker,there is not an active HOA but an informal one which is typical of the market and not considered adverse. Comments on subject: The subject is located across from a beach fronting Nantucket Sound. The subject is a 1 story ranch style dwelling which is typical of seasonal cottages in the market The fit,finish and overall quality for the market area is typical.There are 6 rooms,3 bedrooms and 1 full bath. There is additional detached single story accessory dwelling. See attached sketch,floor plans and photos.The subject is typical for the immediate neighborhood and overall market area.See Floor Plans and Photos. Produced by Clic kFORMS Software 800-622-8727 Page 8 of 23 Network Appraisal Services • COMMENT ADDENDUM File No. 11146 Case No. Borrower Marty Joyce Property Address 56 S Shore Dr City South Yarmouth County Barnstable State MA Zlo Code 02664 Lender/Client Marty Joyce Address 56-60 South Shore Drive,South Yarmouth,MA 02664 Summary of Sales Comparison Approach: A thorough analysis was made to determine the presence of a time adjustment for the 12 month period to the effective date of this appraisal,which reflects the closing dates of the comparable sales utilized in this report ft was concluded,based on the sales utilized,that no time adjustment was considered necessary. Due to the lack of sales in the immediate area,the appraiser has been force to utilize a sale beyond a 90 day time frame. Sale 1 adjusted for its water front location.Sale 2 adjusted 10%(r)is slightly less marketable location,inferior site size and 10%(r)for its inferior water view. Sale 2 also adjusted$100 psf(r)for its superior overall condition.Sale 3 adjusted for 10%(r)is slightly less marketable location and inferior view. Sale 3 also adjusted$100 psf(r)for its superior overall condition. Full bath adjusted$20,000 and half baths adjusted at$10,000. GLA adjusted at$200 p/s/f for any excess of 100 sf. All other adjustments as noted. Due to the lack of similar size comparable sales,the appraiser has been forced to utilize a sale that exceeds the 25% variance in gross living area. The sales utilized were considered the best sales available for comparison purposes. It should be noted that the subject is not considered to be an under or over improvement for the market area. Every attempt was made to bracket the subject's attributes.However,due to the limited number of truly comparable sales,the appraiser has utilized the following sales and listings and has applied appropriate adjustments. Due to the adjustments made to the comparables to reflect the subject's estimated value,the appraiser is aware that the line/net/gross adjustments for the comparable sales should not exceed the general FNMA guideline of 10%/15%/25%. However,due to the unique nature of the property and the limited availability of truly similar sales,the appraiser has been forced to utilize the best available sales and apply the appropriate adjustments. Reconciliation: All three approaches to value have been considered. The Cost and Income approaches were considered not applicable. The Cost Approach considered but given no weight due to the subject's age.The Income Approach considered not applicable due to the lack of rental data and limited income streams afforded to an investor.The lack of investor interest and the limited income stream afforded an investor lesson the applicability of this approach to value.Total weight has been given to the Sales Comparison Approach. In searching for comparable sales,the appraiser first identified the subjects physical characteristics to include age,room count and gla as well as overall utility and market appeal.Then the appraiser identified competing single family dwellings within the market area.The market area search included sales from the subjects'immediate neighborhood and then to other competing areas within the subject town.The appraiser search for sales with similar utility and market appeal being within close proximity to the subject. It should be noted that there is limited number comparable sales data and the sales utilized are imperfect but best represent the activity of the typical buyer and seller in the marketplace. The subject's estimated value is above the predominant value for the area. There are larger homes in the subject market area. However,with a limited number of comparable sales,the appraiser has utilized the following sales. The subject is not considered an over improvement. The sales were considered in the final value estimate.With an adjusted value range of the comparables of$864,000- $867,000.the estimated value falls between the sales price of the comparable and also falls within the adjusted sales range of the comparables. The sales utilized were considered to be the best and most recent sales available and were considered to be the sales that a typical buyers in this market would consider. All comparables considered in the final value estimate with a weighted average given to sales 1 and 2 due to their similar market appeal.. The sales utilized were considered to be the best and most recent sales because the appraiser utilized the most recent sales. Comment on Exposure Time: Exposure time is defined as"(1)The time a property remains on the Market.(2)the estimated length of time the property interest being appraised would have been offered on the market prior the hypothetical consummation of a sale at the market value on the effective date of appraisal;a retrospective estimate based on an analysis of the past events assuming a competitive and open market.According to sales data from the MLS,the subject,would have been on the market for approximately 1-3 months with a typical exposure time of 60 days which fall in line with the typical marketing in the market area. Personal Property: No items of personal property were included in the final value estimate of the subject property. Signature Certification The appraiser acknowledges and certifies the electronic digital signature utilized to facilitate the delivery of this appraisal. The signature and or signatures assigned to this report are in fact the signature of the appraiser and supervisor presented in a digital format. Produced by ClickFORMS Software 800-622-8727 Page 9 of 23 Network Appraisal Services • COMMENT ADDENDUM File No. 11146 Case No. Borrower Marty Joyce Property Address 56 S Shore Dr City South Yarmouth County Barnstable State MA Zrp Code 02664 Lender/Client Marty Joyce Address 56-60 South Shore Drive,South Yarmouth,MA 02664 Additional Certifications: Firrea Statement The appraiser certifies and agrees that this appraisal report was prepared in accordance with the requirements of Title XI of the Financial Institutions,Reform Recovery,and Enforcement Act(FIRREA)of 1989,as amended(12 U.S.0 3331 et seq.) and any applicable implementing regulations in effect at the time the appraiser signs the appraisal certification. Prior Service I have performed a services,as an appraiser,regarding the property that is the subject of this report within the three year period immediately preceding acceptance of this assignment.Prior Service performed on 8/31/2018 a Produced by CIIckFORMS Software 800-622-8727 Page 10 of 23 f . TOWN OF YARMOUTH TH • t�� BUILDING DEPARTMENT 1146 Route 28, South Yarmouth. __ 02664 Telephone 508-398-2231 ext. 1261 Fax 508-398-0836 Owner's Affidavit: Substantial Improvement or Repair of Substantial Damage Property Address: 56 /' L Parcel ID Number: /tl/4P ! [ // g U�z.-#' e1 s f6 Owner's Name: cJc'yr ` ',G G gc.i-y ,/,2.4a.1 T - /WIWI v I—Joycc=,.,TK. lty eAc,_ K1)) Owner's Address/Phone: Ai /35 4-4 D E--r)-C y 4ve Ai Q(4774 /141. U zr e Contractor: L. 4'3 i4o'A/cf' �iti� r-7•n�IJ/-ice--- &O^-44 t /es 1 &c C) i� Contractor's License Number: CS 7y 3 / 0 2_ Date of contractor's Estimate: 7 - Z S' Zv ZZ-- I hereby attest that the description included in the permit application for work on the existing building all improvements, rehabilitation, remodeling, repairs, additions, and other forms of improvement. I further attest that I requested the above-identified contractor to prepare a cost estimate for all of the work, including the contractor's overhead and profit. I acknowledge that if, during the course of construction, I decided to add more work or to modify the work described, that the Town of Yarmouth will re-evaluate its comparison of the cost of work to the market value of the building to determine if the work is substantial improvement. Such re- evaluation may require revision of the permit and may subject the property to additional requirements. I also understand that I am subject to enforcement action and/or fines if inspection of the property reveals that I have or authorized repairs or improvements that were not included in the description of work, and the cost estimate for that work that were basis for issuance of a permit. Owner's Signature: 1-6/c, „ Date: g • . ZO Lt Notarized: " NpMy Public, mILENA �mon e�hRZIYSKA ai Massachusetts ® My Commission Expires February 20,2026 '- TOWN OF YARMOUTH . 1.-. ./k. ,-t � = t ,,' BUILDING DEPARTMENT RECE I V E D A"'"=�,.._ 1146 Route 28, South Yarmouth, MA 02664 _ ��. =-: .r. AUG a 5 2022 U Telephone 508-398-2231 ext. 1261 Fax 508-398-0 3E BUILDING DEPARTMENT By. Contractor's Affidavit: Substantial Improvement or Repair of Substantial Damage Property Address: ‘j c. cco -na .S -.'0 u.: of vL Parcel ID Number: /4,9P /9 ?f Ems. 2-S— ec.i 2- -4 G-r 4 Owner's Name: Jo ycL ,Q _�}c-7'f "TR.te �'- A9 i�v��Yc�J/L •IQYc� //1-ufTC Contractor: L/e 3 (}'cti4DiN4. I I ijffC-1' Ge-ONARQ 4 £&A.co 77r Contractor's License Number: C$ !t3 Date of Contractor's Estimate: 7- 2_ c- 2- Z- --- I hereby attest that I have personally inspected the building located at the above-referenced address by the nature and extent of the work requested by the owner, including all improvements, rehabilitation, remodeling, repairs, additions, and any other form of improvement. At the request of the owner, I have prepared a cost estimate for all of the improvement work requested by the owner and the cost estimate includes, at a minimum, the cost elements identified by the Town of Yarmouth that are appropriate for the nature of the work. If the work is repair of damage, I have prepared a cost estimate to repair the building to its pre-damage condition. I acknowledge that if, during the course of construction, the owner requests more work or modification of the work described in the application, that a revised cost estimate must be provided to the Town of Yarmouth, which will re-evaluate its comparison of the cost of work to the market value of the building to determine if the work is substantial improvement. Such re- evaluation may require revision of the permit and may require revision of the permit and may subject the property to additional requirements. I also understand that I am subject to enforcement action and/or fines if inspection of the property reveals that I have made or authorized repairs or improvements that if inspection of the property reveals that I have made or authorized repairs or improvements that were not included in the description of work and the cost estimate for that work that were basis for issuance of a permit. Contractor's Signature Date: err/tot-2- . Notarized: ---L- MILE NA + . TERZIYSKA la) Notary Public:Commonwealth of Massachusetts My Commission Expires February 20,2026 8/C/Z l ,ifiiaiAtc/a-elf Pia sS4 C�� {,C� • + t: ' TOWN OF YARMOUTH Nt,. . , ° HEALTH DEPARTMENT '�to-- PERMIT APPLICATION SIGN OFF TRANSMITTAL SHEET To he completed by Applicant: Building Site Location: '662 ,7 E. ✓L- p Improvement: 4 i) /(o >C Z U c/C- — c F -c • ,. .- Pro Proposed � � Ft � Applicant: MA/Z?i N y . - w ". �'a 7 • F 3// �.�G �C �/t--- Tel. No.: 17 Address: 1U 4C t/ .c/ ��.A-�Cm y !27d e4,Ti`1 lt/ifi Date Filed: lam'2 S` 22-- **ffyou would like e-mail notification of sign off please provide e-mail address: /7/4,177w .7 . , Owner Name: J y .,.. e rqc i'7 / tJ7 C. /2,4e 7f/ geyec- vii ye E z - "�lbafTC=S 1 Owner Address: /35 i4c14,Crr,7 AC C(/�'yiifa0?1a Owner Tel. No.: &" . 72 /• 3i RESIDENTIAL AND/OR COMMERCIAL BUILDING I HEALTH DEPARTMENT: Determines Compliance to State and Town Regulations; i.e., Requirements For Septage Disposal and other Public Health Activities. Please submit three (3) copies of plans, to include: RECEIVED (1.) Site Plan showing existing buildings, water line location, and septic system location; JUL ;'5 202? (2.) Floor plan labeling ALL rooms within building HEALTH DEPT. (all existing and proposed) Note: Floor plans not required for decks,sheds, windows, roofing; (3.) If necessary, Title 5 application signed by licensed installer with fee. REVIEWED BY: 0 7_ 7 DATE: ---"), P EASE NOTE COMMENTS/CONDITIONS: I 1 • . -ra €' --( ow .. N. ti, ,,,,,;,-..,. AgiN /rc'Y (0....;„,-.,,,, ....., WATER DEPARTMENT . _ , BUILDING PERMIT APPLICATION FOR W.-kTER DEPARTNIENT SIGN OFF TRANSMITTAL 14)RIN1 ,, ---- 13111,1)INCi Sift LOCATION: ,22 •-) --: 7cerie-Ti j-ii- 4E Zjiti(le _._ . PROPOSED WORK: ,--e-evc.L..c"-',42-7.. <:-,,f,i,s-ri"J C, - ' -----ci_x_ Alb 6. Ail,„c 4.,„; #,,,, --- 1:7--c• xl,_ A PP! ICANT: 4 ,...... ..A„..),/,' - if( , i ADDRESS: /0 ti/,..A..linfoL/7 A , tvi,puoNE: 41 '? 1. y ii '72 RESIDENTIAL AND OR ( 0\1\IERCE‘l, BUILDING Water I)eparimeni: Determines Compliano:of water \i„,ailabilni.; and or existing 10,:ation Enemeenng Department• I ktermine,Coinpnariee for Parking.and I)rainage Consep,anon Commission. I)ei et mines(.'ompliance to Wetlands \et; 1 e It liitoo border any type of V,dl.111,k, .NIIVant,politR ro.er,... ocean. bogs, hia:‘,.. marshland. ET( . I lealth Department: I)ctermitic.Compliance to State and-FOwn Rt,I2tElitIttitts, i.e. requirements lot Septage Disposa! and other PubIle I lealth Acti,ites I-ire I kpartunent: • I MA:mimes(.`ompltance to State and Foun Requirements for Personal • Safet . Property Protections', i.e. Smoke Detectors, Sprinkler systems,ete ,,,..., If ‘.-71 ...., :!,:( ' 2 c'. 2 -- ,‘PPLICANT SIGN,A1 RE..I ' D.ALE OIT ICE USE: CONEVIEN is ON PER°.‘11 I APPRON'Al.OR DENI.kl, Syle V./6 Z 2— REVIEWEI BY WATER DIVISION(SIGNATURE) ' DATE ‘11.14.1Ik * [. Conservation Office ,� Town of Yarmouth kgrant@yarmouth.ma.us `��`MATTA��i t, ,.' Conservation Commission Building Permit Sign-off Applicatior Yarmouth Conservation Commission TO BE FILLED OUT BY BUILDING PERMIT APPUCAN JuL 25 2022 Building Site Location: IC 41 sh-e ( ✓a Map# Lot(s)# s- S--R E C E 1 �/ E D E L,'2msC'rrI Property Owner: -14;YCeleC-94G-y 72A/s T-- Toy cc Date filed: 7 ` z c- a z *Applicant: MA-T N Joy cc ,jam - /2.0 J& C Applicant Address: /O ? A c:44 b L y U vL k c ‘4'E Ym o Li J AM OZ / g Email: /4/ ' ry 1- 7 z e ce m C41-s is. /e I Telephone: 6'l ' 9Z/ - 9 3// Please Note:By submitting this application the applicant grants permission to the Conservation Office to enter the location to conduct a site visit(if needed). Proposed Project Description: , E dv c (-OS E /6 X z O d-e-c-X- cep � 1-e-cf-v __) A--e c-3 /b' A 2-Q' c i2-e __ Site Plan Title/Date7ei27 OW( aeCiC-- 66 t Lon Su'h-+ -5 A/e iinc I,- 45 I I a.0a-' -- TO BE FILLED OUT BY CONSERVATION ADMINISTRATOR: Does the proposed project require a permit? ,ems Refer to: SE83- (or DOA pe_ryii Comments from Conservation Commission Approved Conditionally Approved Rejected Conservation Commission Sign-off Signature: C Date: 1,11 51 *TO APPLICANT: All work-related debris shall be taken offsite or disposed in a legal upland location. At the end of each day, the area shall be clean and no debris shall be in the Resource Area. If work is permitted under an Order of Conditions, please arrange a pre-construction site visit with the Conservation Administrator. At the time of site visit, the MassDEP File Number sign must be installed, along with the erosion control/work-limit line. A copy of the Order of Conditions must remain on-site during construction. Please refer to the Order of Conditions for further details.