Property Workshop: Edit Report : Property ID #180607 Status: ASSIGNED Summary View Report Edit Report Upload MLS (PDF) Images Exit ** The Property Data has been saved ** Calculate Adjustments Please Save Data Often >> Save Data Submit Complete Residential Evaluation Address: 1102 BEACHWOOD WAY, OCEANSIDE, CA 92057 Effective Date: 9/7/2013 This report is not an appraisal. Unless stated otherwise in the body of the report, the preparer is a real estate licensee who has certified to InsideValuation Partners, LLC that he or she does not have a current, active listing agreement related to the property under scrutiny and is not representing the buyer or the seller of the property in a pending transaction. This report is not intended to comply with the requirements set out in the Uniform Standards of Professional Appraisal Practice (USPAP). If an appraisal is required by law or desired by the client, the services of a competent, licensed appraiser should be obtained. If this report is to be used by a financial institution, such use should be for internal purposes only and in accordance with all federal and state laws and regulations applicable to financial and lending institutions. The user of this report is hereby notified that this report should not be used as the sole or primary basis for a loan origination unless permitted by applicable laws or regulations. Property Detail County: San Diego APN: 158-680-19-00 GLA (SqFt): 2,431 Data Source: County Property Type: SFR Year Built: 2000 # Units: 1 # Vacant Units: 0 Lot Size (Ac.): 0.13 Condition: Average Assessed Value: $ 446,000 Est. Rent/Month: $ 2,399 Assessed Land Value: $ 155,000 Taxes: $ 4,922 Zoning: RESIDENTIAL HIGH DENSITY Occupancy: Owner Tenant Vacant School District: Vista Property Image Subject: 1102 BEACHWOOD WAY Property Externalities Negative Externalities (Ex: Rail Tracks, Wastewater Facility, Power Lines, Microwave Tower, freeway, Industrial, Commercial, Environmental, etc..) There is no any negative atributes. *Positive Externalities Well maintained by owner occupant. General Market Conditions and Subject Marketability For the neighborhood, the subject property is an Over Improvement Under Improvement Appropriate Improvement Neighborhood Comments: Home is within an area that is centrally located and where homeowners enjoy easy access to our local conveniences, shopping, schools, parks and other places of interest. Location Type: Urban (System Generated) Please indicate the EMPLOYMENT behavior (in the last 6 months): Remained Stable OR Increased Decreased By % Local Economy: Expanding Contracting Stable Market Sales Price Range: Listings Price Range: Low: $ 420,000 High: $ 570,000 Avg: $ 520,000 Low: $ 400,000 High: $ 550,000 Avg: $ 510,000 Please indicate the MARKET PRICE behavior (in the last 6 months): Remained Stable OR Increased Decreased By 6 % Neighborhood Condition: Average Typical Marketing Time (Days): <30 <90 <180 >180 Please indicate the LISTING INVENTORY behavior (in the last 6 months): Remained Stable OR Increased Decreased By % Neighborhood Property Types: Conforming Estimated percentages of owner vs. tenants in Subject Area: 80 % owner occ. 10 % tenant occ. 10 % vacant Subject Area Listing Supply: Over Supply Under Supply Normal Supply # of Listings in Subject Area: 11 # of Distressed Listings?: 2 # of Sales in Subject Area: 7 # of Distressed Sales?: 2 Is the Subject's market currently a REO/Distress driven market? Yes No Are all types of financing available for subject? Yes No If no, explain Homeowners Association Information HOA? Yes No If yes, please provide: HOA Fee: $ Assoc. Name: Assoc Phone: Subject Property Listing Information Has the subject Property been on the market in the past 12 months? Yes No If yes, last listed price? $ Currently Listed? Yes No If yes, please provide: Listing Price: $ Agent Name: Agent Phone: Date of Price Reduction: First: Second: Third MLS #: Days On Market: To the best of your knowledge, why did it not sell? The property has not been listed for last one year. Subject Transaction History (SUBJECT PROPERTY ONLY) List Price $ Date Listed Sold Price $ Date Sold Notes Most recent >> 759,000 4/13/2005 2nd most recent >> 350,000 6/28/2001 3rd most recent >> Comparable Listings FEATURE SUBJECT ACTIVE LISTING #1 ACTIVE LISTING #2 ACTIVE LISTING #3 Address 1102 BEACHWOOD WAY 4874 PATINA CT 1203 POMANI CT 1134 BEACHWOOD WY Zip 92057 92057 92056 92057 Dist. (Mi) *System Generated 0.42* 0.39* 0.07* List Price 449,000 538,000 539,000 Days on Market 48 31 27 Original List Price 469,000 538,000 539,000 Original List Date 7/21/2013 8/7/2013 8/11/2013 Date of Last Reduction 7/21/2013 8/7/2013 8/11/2013 Data Source MLS MLS MLS MLS Number 130042464 130042169 130042960 Page 1 of 3 InsideValuation.com :: Welcome! 9/7/2013 https://valuator.insidevaluation.com/PWS/PWSEditIVPResiBPO24.aspx?SubjectProjectId=180607
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Property Workshop: Edit Report : Property ID #180607 Status: ASSIGNED
Summary View Report Edit Report Upload MLS (PDF) Images Exit
** The Property Data has been saved **
Calculate Adjustments Please Save Data Often >> Save Data Submit Complete
Residential Evaluation
Address: 1102 BEACHWOOD WAY, OCEANSIDE, CA 92057 Effective Date: 9/7/2013
This report is not an appraisal. Unless stated otherwise in the body of the report, the preparer is a real estate licensee who has certified to InsideValuation Partners, LLC that he or she does not have a current, active
listing agreement related to the property under scrutiny and is not representing the buyer or the seller of the property in a pending transaction. This report is not intended to comply with the requirements set out in the
Uniform Standards of Professional Appraisal Practice (USPAP). If an appraisal is required by law or desired by the client, the services of a competent, licensed appraiser should be obtained. If this report is to be used by a financial institution, such use should be for internal purposes only and in accordance with all federal and state laws and regulations applicable to financial and lending institutions. The user of this report is hereby notified
that this report should not be used as the sole or primary basis for a loan origination unless permitted by applicable laws or regulations.
Property Detail
County: San Diego APN: 158-680-19-00
GLA (SqFt): 2,431 Data Source: County
Property Type: SFR Year Built: 2000
# Units: 1 # Vacant
Units: 0
Lot Size (Ac.): 0.13 Condition: Average
Assessed Value: $ 446,000 Est.
Rent/Month: $ 2,399
Assessed Land
Value: $ 155,000 Taxes: $ 4,922
Zoning: RESIDENTIAL HIGH DENSITY
Occupancy: Owner Tenant Vacant
School District: Vista
Property Image
Subject: 1102 BEACHWOOD WAY
Property Externalities
Negative Externalities (Ex: Rail Tracks, Wastewater Facility, Power Lines, Microwave Tower, freeway, Industrial, Commercial, Environmental, etc..)
There is no any negative atributes.
*Positive Externalities
Well maintained by owner occupant.
General Market Conditions and Subject Marketability
For the neighborhood, the subject property is an Over Improvement Under Improvement Appropriate Improvement
Neighborhood Comments:
Home is within an area that is centrally located and where homeowners enjoy easy access to our local conveniences, shopping, schools, parks and other places of interest.
Location Type: Urban (System Generated) Please indicate the EMPLOYMENT behavior (in the last 6 months):
Remained Stable OR Increased Decreased By % Local Economy: Expanding Contracting Stable
Market Sales Price Range:
Listings Price Range:
Low: $ 420,000 High: $ 570,000 Avg: $ 520,000
Low: $ 400,000 High: $ 550,000 Avg: $ 510,000 Please indicate the MARKET PRICE behavior (in the last 6 months):
Remained Stable OR Increased Decreased By 6 %
Neighborhood Condition: Average
Typical Marketing Time (Days): <30 <90 <180 >180 Please indicate the LISTING INVENTORY behavior (in the last 6 months):
Remained Stable OR Increased Decreased By %
Neighborhood Property Types: Conforming
Estimated percentages of owner vs. tenants in Subject Area: 80 % owner occ. 10 % tenant occ. 10 % vacant
Subject Area Listing Supply: Over Supply Under Supply Normal Supply
# of Listings in Subject Area: 11 # of Distressed Listings?: 2 # of Sales in Subject Area: 7 # of Distressed Sales?: 2
Is the Subject's market currently a REO/Distress driven market? Yes No
Are all types of financing available for subject? Yes No If no, explain
Homeowners Association Information
HOA? Yes No If yes, please provide: HOA Fee: $ Assoc. Name: Assoc Phone:
Subject Property Listing Information
Has the subject Property been on the market in the past 12 months? Yes No If yes, last listed price? $
Currently Listed? Yes No If yes, please provide: Listing Price: $ Agent Name: Agent Phone:
Date of Price Reduction: First: Second: Third MLS #: Days On Market:
To the best of your knowledge, why did it not sell? The property has not been listed for last one year.
Subject Transaction History (SUBJECT PROPERTY ONLY)
List Price $ Date Listed Sold Price $ Date Sold Notes
Most recent >> 759,000 4/13/2005
2nd most recent >> 350,000 6/28/2001
3rd most recent >>
Comparable Listings
FEATURE SUBJECT ACTIVE LISTING #1 ACTIVE LISTING #2 ACTIVE LISTING #3
Address
1102 BEACHWOOD WAY 4874 PATINA CT 1203 POMANI CT 1134 BEACHWOOD WY
Zip 92057 92057 92056 92057
Dist. (Mi)
*System
Generated
0.42* 0.39* 0.07*
List Price 449,000 538,000 539,000
Days on Market 48 31 27
Original List
Price 469,000 538,000 539,000
Original List
Date 7/21/2013 8/7/2013 8/11/2013
Date of Last
Reduction 7/21/2013 8/7/2013 8/11/2013
Data Source MLS MLS MLS
MLS Number 130042464 130042169 130042960
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Transaction
Type FAIR MARKET/NO DISTRESS FAIR MARKET/NO DISTRESS FAIR MARKET/NO DISTRESS FAIR MARKET/NO DISTRESS
School District Vista Vista Vista Vista
VALUE ADJUSTMENTS
Description Description +(-) Adjustment Description +(-) Adjustment Description +(-) Adjustment
Property Type SFR SFR
SFR
SFR
Style/Design COLONIAL COLONIAL COLONIAL COLONIAL
# Units 1 1 1 1
# Stories 2 2.00 2.00 2.00
Year Built 2000 1994 1996 2000
Lot Size 0.13 0.13 0.18 -14,903 0.16 -8,942
Location Average Average Average Average
View TYPICAL TYPICAL TYPICAL TYPICAL
Condition Average Average Average Average
Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths
Room Count 7 4 2 7 4 3 7 4 3 7 4 3
Above Grade
Living Area 2,431
2,077 25,020 2,451 -1,413 2,512 -5,724
Below Grade
SqFt
Garage/Carport 2 CAR ATTACHED 2 CAR
ATTACHED
3 CAR
ATTACHED
2 CAR
ATTACHED
Porches, Patio,
Deck, etc. Patio PATIO PATIO PATIO
Pool/Spa Pool Spa Pool Spa Pool Spa Pool Spa
Other NONE NONE NONE NONE
Net Adj. (total) 25,020 -16,316 -14,666
Adjusted Value
$ 474,020 521,684 524,334
Comparable Listing Comments
*NOTE: Original comments required. No MLS comments will be accepted.
Comparable Listing #1 (why the comparable listing is superior or inferior to the subject.)
This comp is inferior to the subject property since it has less square footage.
Comparable Listing #2 (why the comparable listing is superior or inferior to the subject)
It has the least adjustment and is most similar overall in condition to the subject.
Comparable Listing #3 (why the comparable listing is superior or inferior to the subject)
This comp is superior to the subject property since it has more square footage.
Comparable Resales
ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3
Address
1102 BEACHWOOD WAY 1325 TOULON ST 4895 GLENHOLLOW CIR 1130 MASTERPIECE DR
Zip 92057 92056 92057 92057
Dist. (Mi)
*System Generated
0.31* 0.24* 0.36*
Sale Price 460,000 515,000 525,000
Sale Date 7/25/2013 7/31/2013 6/27/2013
Days on Market 150 55 87
Original List Price 449,000 525,000 524,900
Original List Date 2/25/2013 6/6/2013 4/1/2013
Data Source MLS MLS MLS
MLS # 130009887 130029479 130016683
Transaction Type
FAIR
MARKET/NO
DISTRESS
FAIR MARKET/NO DISTRESS FAIR MARKET/NO DISTRESS FAIR MARKET/NO DISTRESS
School District Vista Vista Vista Vista
VALUE ADJUSTMENTS Description Description +(-) Adjustment Description +(-) Adjustment Description +(-) Adjustment
Property Type SFR SFR SFR SFR
Style/Design COLONIAL COLONIAL COLONIAL COLONIAL
# Units 1 1 1 1
# Stories 2 2.00 2.00 2.00
Year Built 2000 1998 1995 1991
Lot Size 0.13 0.13 0.14 -2,980 0.12 2,980
Location Average Average Average Average
View TYPICAL TYPICAL TYPICAL TYPICAL
Condition Average Average Average Average
Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths Total Bdrms Baths
Room Count 7 4 2 7 4 3 7 4 3 7 5 3
Above Grade Living
Area 2,431
2,284 10,389 2,440 2,704 -19,295
Below Grade SqFt
Garage/Carport 2 CAR
ATTACHED
3 CAR
ATTACHED
3 CAR
ATTACHED
3 CAR
ATTACHED
Porches, Patio, Deck,
etc. PATIO PATIO PATIO
Pool/Spa / Pool Spa Pool Spa Pool Spa
Other NONE NONE NONE NONE
Net Adj. (total) 10,389 -2,980 -16,315
Adjusted Value $ 470,389 512,020 508,685
Recent Sale Comments
Recent Sale #1 (why the recent sale is superior or inferior to the subject)
This comp is inferior to the subject property since it has less square footage.
Recent Sale #2 (why the recent sale is superior or inferior to the subject)
It has the least adjustment and is most similar overall in condition to the subject.
Recent Sale #3 (why the recent sale is superior or inferior to the subject)
This comp is superior to the subject property since it has more square footage.
General Comments
Please provide comments on the subject & Neighborhood (CONDITION, Site Amenities, View, etc...):
Subject has good functional utility and conforms well within the neighborhood. Comps selected for this report are all
settled properties within the subject's market area. They are considered to be the best available at the time of the
inspection & good indicators of market value. Note
that overall market conditions have been taken into account in arriving at final opinion of value. Current recent sales,
under contract sales & active listings have been considered.
Market Value Conclusions
Current Market Value "As Is": 510,000 Market value is the most probable price which a property should bring in an open and competitive market.
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Current Market Value "As Repaired": 510,000 Market value is the most probable price which a property should bring in an open and competitive market.
Quick Sale Value "As Is": 490,000 Quick Sale value is the most probable price a property would sell within an expedited 30 day timeframe
(marketing time).
Suggested List Price: 550,000 Based on "As Is" Condition.
Valuator Information
3.64
Save Data Submit Complete
Copyright© 2013, InsideValuation. All rights reserved. v2.00.008
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