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KATHLEEN BUCK. APPRAISER <br /> RT. 5 BOX 90 <br /> CHAPEL HILL. NC 27514 <br /> Orange '_' +_I!1ty Housing and Community Development <br /> 300 West Tryon St . <br /> Hillsborough . N. C. 27278 February 13 . 1957 <br /> Attention: Ms . Tara Fikes <br /> Sub lest Property: Parrish, Councilville <br /> Dear Ms . Fikes : <br /> As requested. I visited and inspected the suolect property for the <br /> purpose of reporting to you my opinion as to the fair and lust <br /> compensation due the owner as the result of the acquisition by <br /> County of the Property for a community development project . <br /> In order to arrive at this figure . I estimated the fair market value <br /> of the property using the market data approach for the land and the <br /> ocst approach for any improvements . The resulting value is my opinion <br /> of the fair and lust compensation. <br /> ASSUMPTIONS AND LIMITING CONDITIONS <br /> This appraisal is made subject to these conditions and stipulations : <br /> 1 . The title is good and marketable . <br /> 2 . No responsibility for legal matters is assumed. All existing <br /> liens and encumbrances have been disregarded and the property is <br /> appraised as though free and clear. <br /> 3 . The Orange Co . Tax Map is accurate regarding lot size and <br /> dimensions . <br /> 4. Sketches in this report are included to assist the reaaer in <br /> visualizing the property and no land survey was made by the appraiser. <br /> 5. The information furnished to me by others is believed to be <br /> reliable but I assume no resoonsibilty for its accuracy. <br />