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1 <br /> 1 <br /> 1 The first area produced the following sales and tax data - <br /> obtained from the County records: <br /> I Sale Stamp Bldg. <br /> Size Tax incr. <br /> Parcel Date Value Land/Bldg. $/SF <br /> 3. 37.C.4 11/87 $19, 000 lot 52%/0 <br /> I3 .37.C.7 9/86 $26,500 lot 40%/0 <br /> I3.37.C.8 4/86 $30,000 700SF 39%/38% $42.86 <br /> 3.38.A.5 6/82 $35,000 1120SF 53%/27% $31.25 <br /> I3 . 38.B.4 5/87 $33,500 1300SF 74%/38% $25.77 <br /> 3.38.B.7 5/79 $52, 000 1986SF 18%/18% $26. 18 <br /> II3.40.A. 1A 11/86 $127, 000 1581SF 52%/48% $80.33 <br /> 1 3 .40.D. 1 10/85 $65, 000 1478SF 65%/31% $43 .98 <br /> The foregoing sales took place on both sides of the <br /> II construction date of 1984 and show no apparent effect to <br /> sales values of land or improvements. The ratios and <br /> factors determined by the data as presented are as follows: <br /> 1 Land value (tax) increases: <br /> mode 52% <br /> mean - 49% <br /> IBuilding value (tax) increases: <br /> mode - 38% <br /> mean - 33% <br /> 11 The sales prior to the construction of the industry were <br /> significantly lower in dollars per square foot ($/SF) of <br /> 11 improvement and in percentage of building tax increase <br /> indicating no detrimental effect on the values in the <br /> neighborhood due to the change in land use. <br /> IThe next are observed was the White Furniture Factory. Here <br /> the information was somewhat different with the following <br /> results: <br /> 1 <br /> 1 <br /> I CAPEWELL & CAPEWELL, INC. <br /> Real Estate Appraisers - Consultants <br /> 1 <br />