The URL can be used to link to this page

22B-058 (11)45 SPRING ST BP -2016-0935 GIs #: COMMONWEALTH OF MASSACHUSETTS Ma :Block: 22B - 058 CITY OF NORTHAMPTON Lot: -001 PERSONS CONTRACTING WITH UNREGISTERED CONTRACTORS Permit: Buildinq DO NOT HAVE ACCESS TO THE GUARANTY FUND (MGL c.142A) Category: ADDITION BUILDING PERMIT Permit # BP -2016-0935 Project # JS -2016-001578 Est. Cost: $62000.00 Fee: $403.00 PERMISSION -S HEREB Y GRANTED TO: Const. Class: Contractor: License: Use Groin DOUGLAS THAYER 107699 Lot Size(sq. ft.): 20124.72 Owner: THAYER DOUGLAS & JAIN LATTES Zoning: URA(100)IWP(100)/WSP(100)/Applicant. THAYER DOUGLAS & JAIN LATTES AT: 45 SPRING ST Applicant Address: Phone: Insurance: P O BOX 60322 (413) 530-4785 (� FLORENCEMA01062 ISSUED ON:2/25/2016 0:00:00 TO PERFORM THE FOLLOWING WORK. -CONSTRUCT 2ND FLR ADDITION (2 BEDROOMS), 2ND FLR BATH,REPOINT/REPAIR FOUNDATION,1ST FLR CEILING JOISTS POST THIS CARD SO IT IS VISIBLE FROM THE STREET Inspector of Plumbing Inspector of Wiring D.P.W. Underground: Service: Meter: Rough: Rough: House # Driveway Final: Final: Final: Gas: Fire Department Rough: oil: Final: Smoke: Building Inspector Footings: Foundation: Rough Frame: Fireplace/Chimney: Insulation: Final: THIS PERMIT MAY BE REVOKED BY THE CITY OF NORTHAMPTON UPON VIOLATION OF ANY OF ITS RULES AND REGULATIONS. Certificate of Occupancy SiL7nature• FeeType: Date Paid: Amount: Building 2/25/2016 0:00:00 $403.00 212 Main Street, Phone (413) 587-1240, Fax: (413) 587-1272 Louis Hasbrouck — Building Commissioner File # BP -2016-0935 APPLICANT/CONTACT PERSON THAYER DOUGLAS &C JAIN LATTES ADDRESS/PHONE P O BOX 60322 FLORENCE01062 (413) 530-4785 O PROPERTY LOCATION 45 SPRING ST MAP 22B PARCEL 058 001 ZONE URA(100)/WP(100)/WSP(100)/ THIS SECTION FOR OFFICIAL USE ONLY: PERMIT APPLICATION CHECKLIST ENCLOSED REQUIRED DATE I uilding Permit Filled out Fee Paid Typeof Construction: CONSTRUCT 2ND FLR ADDITION (2 BEDROOMS), 2ND FLR BATH, REPOINT/REPAIR FOUNDATION 1ST FLR CEILING JOISTS New Construction Non Structural interior renovations Addition to Existing Accesso Structure Building Plans Included: Owner/ Statement or License 107699 3 sets of Plans / Plot Plan THE FOLLOWING ACTION HAS BEEN TAKEN ON THIS APPLICATION BASED ON INFO TION PRESENTED: Lo"Approved Additional permits required (see below) PLANNING BOARD PERMIT REQUIRED UNDER:§ Intermediate Project: Site Plan AND/OR Special Permit With Site Plan Major Project: Site Plan AND/OR Special Permit With Site Plan ZONING BOARD PERMIT REQUIRED UNDER: Finding Special Permit Variance* Received & Recorded at Registry of Deeds Proof Enclosed_ _Other Permits Required: Curb Cut from DPW Septic Approval Board of Health Water Availability Sewer Availability Permit from Conservation Commission Well Water Potability Board of Health Permit from CB Architecture Committee Permit from Elm Street Commission —Permit DPW Storm Water Management olition Signature of Buil mg Of icial 4v• VY, -Id Date Note: Issuance of a Zoning permit does not relieve a applicant's burden to comply with all zoning requirements and obtain all required permits from Board of Health, Conservation Commission, Department of public works and other applicable permit granting authorities. * Variances are granted only to those applicants who meet the strict standards of MGL 40A. Contact Office of Planning & Development for more information. 'EIVE® Department use only I Map Lot Unit ity of Northampton Status of Permit: 2'o(s uilding Department Curb Cut/Driveway Permit 2.1 Owner of Record: 212 Main Street Sewer/Septic Availability Telephone Room 100 Water/Well Availability r °F au" �'" �r�" :CnoNS NOR'NAM'TON, . N rthampton, MA 01060 Two Sets of Structural Plans SECTION 3 - ESTIMATED CONSTRUCTION -587-1240 Fax 413-587-1272 Plot/Site Plans Item Other Specify APPLICATION TO CONSTRUCT, ALTER, REPAIR, RENOVATE OR DEMOLISH A ONE OR TWO FAMILY DWELLING SECTION 1 - SITE INFORMATION 1.1 Property Address:This section to be completed by office fs q's v I Map Lot Unit F! W N" Zone Overlay District `✓ Elm St. District CB District SECTION 2 - PROPERTY OWNERSHIP/AUTHORIZED AGENT 2.1 Owner of Record: Douglas Thayer PObox 60322 Florence MA 01062 Name (Print) Current Mailing Address: 413-5304785 Telephone Signature 2.2 Authorizedd A -gent: Name (Print) Current Mailing Address: Signature Telephone SECTION 3 - ESTIMATED CONSTRUCTION COSTS Item Estimated Cost (Dollars) to be Official Use Only completed by permit applicant 1. Building 40 Q00 (a) Building Permit Fee 2. Electrical 5,000 (b) Estimated Total Cost of Construction from 6 3. Plumbing 15,000 Building Permit Fee 4. Mechanical (HVAC) 5. Fire Protection 2000 6. Total = (1 + 2 + 3 + 4 + 5) 62,000 Check Number This Section For Official Use Only Building Permit Number: Date Issued: Signature: Building Commissioner/Inspector of Buildings Date Section 4. ZONING All Information Must Be Completed. Permit Can Be Denied Due To Incomplete Information Existing Proposed Required by Zoning This column to be filled in by Building Department Lot Size D A Ip a lM R Frontage a v 6 a vi' .'0 Setbacks Front Side Rear L: 70 R: �V L:10 R: X70 Building Height f^ J I Bldg. Square Footage % Open Space Footage (Lot area minus bldg & paved parking) % # of Parking Spaces --� Fill: volume & Location A. Has a Special Permit/Variance/Finding ever been issued for/on the site? NO O DON'T KNOW O YES O IF YES, date issued: IF YES: Was the permit recorded at the Registry of Deeds? NO O DON'T KNOW O YES O IF YES: enter Book Page and/or Document # B. Does the site contain a brook, body of water or wetlands? NO O DON'T KNOW O YES O IF YES, has a permit been or need to be obtained from the Conservation Commission? Needs to be obtained 0 Obtained 0 , Date Issued: C. Do any signs exist on the property? YES O NO O IF YES, describe size, type and location: D. Are there any proposed changes to or additions of signs intended for the property ? YES O NO O IF YES, describe size, type and location: E. Will the construction activity disturb (clearing, grading, excavation, or filling) over 1 acre or is it part of a common plan that will disturb over 1 acre? YES O NO O IF YES, then a Northampton Storm Water Managem&nt Permit from the DPW is required. SECTION 5- DESCRIPTION OF PROPOSED WORK (check all applicable) __t New House ❑Ulition on Replacement Windows rTV, Or Doors ❑ Accessory Bldg. ❑ ' New Blans IMYI .�- Alteration(s) m P9 Roofing ❑ 'Other Brief Description of Proposed ` VzZi �fG work: See Attached Sheet �}., Alteration of existing bedroom Yes No Adding new bedroom Yes No-�"li� �v ` Attached Narrative Renovating unfinished basement Yes No Plans Attached Roll - Sheet -- 6a. If New house and mon to existina hntLc!nnF�rmmnratsa tho fnun.. inri. a. Use of building : One Family__ Two Family Other b. Number of rooms in each family unit: Number of Bathrooms c. Is there a garage attached? J ) — d. Proposed Square footage of new construction. 315 Dimensions 21x 15' e. Number of stories? 2 f. Method of heating? forced hot water, existing Fireplaces or Woodstoves Oji Number of each _ g. Energy Conservation Compliance. e S Masscheck Energy Compliance form attached? h. Type of construction i. Is construction within 100 ft. of wetlands? Ye no No. Is construction within 100 yr. floodplain �( /\ Yes No j. Depth of basement or cellar floor below finished grade F k. Will building conform to the Building an Zoning regulations? _� Yes No . I. Septic Tank City Sewer Private well City water Supply SECTION 7a - OWNER AUTHORIZATION - TO BE COMPLETED WHEN OWNERS AGENT OR CONTRACTOR APPLIES FOR BUILDING PERMIT 1, b(Acl&1S _T�4H.0r property hereby authorize S to act on my behalf, in all matters relative of Owner work authorized by this building permit Date as Owner of the subject 1, , as Owner/Authorized Agent hereby declare that the statements and information on the foregoing application are true and accurate, to the best of my knowledge and belief. Signed under the pains and penalties of perjury. Print Name signature or uwnenAgent Date SECTION 8 - CONSTRUCTION SERVICES 8.1 Licensed Construction Supervisor: Not Applicable ❑ Name of License Holder: 00 (A A) U S � /I It Oti ( qGy C 5 1()-76 1 -/ �Jo x 0 U License Number Uy U 1 Expiration D e Address _ A �fUYPAce �1 ` 0lf D 6� Signature Telephone -_ yrs - S v- 97�S 9. Registered Home Improvement Contractor: Not Applicable ❑ I MOSS Company Name 90 -T Registration Number JA5 61111 61111116 Address / ✓/1 Expiration Date l %y 6a32d ��OJCI.c, /'� 1 Telephone SECTION 10- 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 Dermit. ned Affidavit Attached Yes...... M�_ No...... ❑ The current exemption r "homeowners" was extended to include Owner -occupied Dwellines of one (1) or two(2) families and to allow such eowner to engage an individual for hire who does not possess a license, provided that the owner acts Definition omeowner: Person (s) who own a parcel of land on which he/she resides or intends to reside, on which there is, or is ' ended to be, a one or two family dwelling, attached or detached structures accessory to such use and/ or farm struces. A person who constructs more than one home in a two-year period shall not be considered a homeowner. S "homeowner" shall submit to the Building Official, on a form acceptable to the Building Official, that he/she shall be As acting Construction Supervisor your presence on thel job site will be required from time to time, during and upon completion of the work for which this permit is issued. Also be advised that with reference to Chapter 152 (Workers' Compensation) and Chapter 153 (Liability of Employers to Employees for injuries not resulting in Death) of the Massachusetts General Laws Annotated, you may be liable for person(s) you hire to perform work for you under this permit. The undersigned "homeowner" certifies and assumes responsibility for compliance with the State Building Code, City of Northampton Ordinances, State and Local Zoning Laws and State of Massachusetts General Laws Annotated. Homeowner Signature The Commonwealth of Massachusetts Department of Industrial Accidents Office of Investigations I Congress Street, Suite 100 Boston, Mil 02114-2017 www.muss.gov/dia Workers' Compensation Insurance Affidavit: Builders/Contractors/Electricians/Plumbers Applicant Information Please Print Legibly Name (Business/Organization/Individual): lJo o 1 L( Cl k,P J � Address: V0 �� x (� �1 J T �oVoKe / l / JJ City/State/Zip: O D &L Phone #: Y/ - S 3v'- V7 J Are you an employer? Check the appropriate box: Type of project (required): 1. ❑ I am a employer with 4. ❑ I am a general contractor and I employees (full and/or part-time).* have hired the sub -contractors 6. ❑New construction 2. N�Iam a sole proprietor or partner- listed on the attached sheet. 7. ❑ Remodeling hip and have no employees These sub -contractors have g, ❑ Demolition working for me in any capacity. employees and have workers' [No workers' comp. insurance comp. insurance. 9. F-1 Building addition required.] 5. ❑ We are a corporation and its 10.❑ Electrical repairs or additions 3. ❑ I am a homeowner doing all work officers have exercised their 11.❑ Plumbing repairs or additions myself. [No workers' comp. right of exemption per MGL 12. ❑ Roof repairs insurance required.] t c. 152, §1((1), and we have no employees. [No workers' 13.❑ Other *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: Policy # or Self -ins. Lic. #: Expiration Job Site Address: City/State/Zip: Attach a copy of the workers' compensation policy declaration page (showing the policy number and expiration date). Failure to secure coverage as required under Section 25A of MGL c. 152 can lead to the imposition of criminal penalties of 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. Be advised that a copy of this statement may be forwarded to the Office of Investigations of the DIA for insurance coverage verification. I do hereby certif under the p 'ns�andpenalties of perjury that the information provided ove 1� trueand correct. r Signature: l �-/ Date: ��-�/ Z�7 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 INSPECTOR Louis Hasbrouck Building Commissioner City of Northampton Massachusetts DEPARTMENT OF BUILDING INSPECTIONS 212 Main Street • Municipal Building Northampton, MA 01060 061011111 �AK �,-1-QUV1WJIr*XN MAW -3091 Chuck Miller Assistant Commissioner The State of Massachusetts allows the homeowner the right under 780CMR 108.3.4 to act as his/her construction supervisor. The state defines "Homeowner" as, " Person(s) who owns a parcel on which he/she resides or intends to be, a one or two family dwelling, attached or detached structures accessory to such use and/or farm structures. A person who constructs more than one home in a two- year period shall not be considered a home owner." The building department for the City of Northampton wants any person(s) who seek to use the home owner exemption, to act as their own construction supervisor, to be aware that by doing so you become responsible for compliance with state building codes and regulations. The inspection process requires that the building department be called to inspect work at various stages, which include foundation/footinas (before backfill). sonotube holes (before Dour). a rough buildina inspection The building department requires these inspections before the work is concealed, failure to secure these inspections can result in failure to obtain a certificate of occuoancv until the work can be If the homeowner hires other trades to perform work (electrical, plumbing & gas) the homeowner will be responsible to make sure that the trade fired secure their proper permits in conjunction to the building permit issued, and that they get they r6quired inspections. Failure of the individual trades to secure the permits and inspections as re red can DELAY the project until such time as the proper permits and inspections are made I, understand the above. (Home owner /resident's signature requesting exemption) I will call to schedule all required building inspections necessary for the building permit issued to me. Date Address of work location City of Northampton 212 Main Street, Northampton, MA 01060 Solid Waste Disposal Affidavit In accordance of the provisions of MGL c 40, S54, I acknowledge that as a condition of the building permit all debris resulting from the construction activity governed by this Building Permit shall be disposed of in a properly licensed solid waste disposal facility, as defined by MGL c 111, S 150A. Address of the work: ; J -w �V r S �- The debris will be transported by: DO �� l� et er The debris will be received by: V Ct PG .e01 Building permit number: Name of Permit Applicant I /J-0 i L Date Signature of Permit Applicant ,/l 'J S DEPARTMENT OF HOMELAND SECURITY ELEVATION CERTIFICATE P7--deral Emergency Management Agency tlahcral Flood Insurance Program Important: Read the instructions on pages 1-9. OMB No. 1660-0008 Expires March 31, 2012 SECTION A PROPERTY INFORMATION For insurance Company Use: Al Budding Owners Name - t Policy Number ,2. 3u,Id,rq Street Address (,rcluamg Apt., Unit, Suite, and or Bldg. No.; or P O. Route and Box No. -ity State 71P C, -,de Florence MA 01062 A3. Property Description (Lot and Block Numbers. rax Parcet Number, Legal Description. etc.) Tax man 22R, Block 058 Lot 001 A4 But dingUse :e.q., Residential, Non-Res,dentiai,Addition, Accessory, etc.) Residential A5. LatituderLcngrtude: Lat. 42 _ 331 9 Long. 72,6810 Hcnzontal Datum: ❑ NAD 1327 © NAD 1983 A6. Attach at !east 2 photographs of the budding ,f the Certificate is being used to ;btatn Flood insurance. A7 `?udding Diagram Number—2 48. For a cuddtnq with a crawispace or enc(esure(s): A9. Fora budding with an attached garage: N / A it Square footage of ,rawiscace or enclosurefs) 493_ ;q ft a) Square `outage of attached garage q ft c) No. of permanent Flood :penings to the crawispace or 0 b) No. of permanent flood openings to the attached garage enclosure(s) within 1.0 foot above adjacent grade—N,thtn 1.0 foot .above adjacent grade :j T )tai net .area of flood openings to A8.b ��q in c) Total net area of Flood openings in A9.b q in d; Ergtneered flood openings? 0 Yes g] No d) Engineered flood openings? f-1 Yes [] No SECTION B - FLOOD INSURANCE RATE MAP (FIRM) INFORMATION 61 NFIP Community Name 3 Gommuntty Number Liz. ':aunty Name 83, iitate r; tW of Nnrt-hampt-nn 7SD1 67 II Hampshire MA 34 `Aao,Pinei Number - 35 Suffix 36. FIRM Irdex 37 FIRM Pinel 38. Food 39 ?ase F',oa Eevancr(s,'Zone 'ate _Hectr.e,Revised Date Zcne(s) AO. se case Roca 7eptn) 250167 0001 11 A 4/3/1978 1 11/3/1978 A7 242' to 243' 310 311 A^ 512. "dicate 're , curce cif -he Base F.cod Elevation BFE? data or case flood depth ertered n i •em B9. I FISPrrfde d: FIRM Community Determined ❑Other,oescr;bei dicate elevation datum -sed for BFE n ,tem 39: R: NGVD 1329 ❑ NAVD 1388 ❑ Other Describe) 's fhe building located in a Coastal Barrer Resources System (CBRS) area or Otherwise Protected Area IOPA)? Designation Date f C13RS "CPA Yes (] No SECTION C - BUILDING ELEVATION INFORMATION (SURVEY REQUIRED) C1 Budding elevations are cased on: LJ Ccnstrucnon Drawings' G' Building Under Construction' Finished Construction 'A new Elevation Certifirate Nil be required when constriction of the budding ,s complete. ,2 Eievauons - Zones Al -A30. AE, AH. A (with BFE), `/E, V1 430, 'J with BFE). AR, ARTA, ARAE, ARAt-A30, ARAH, ARAO. Complete Items C2.a-h telow iccordmg to he building diagram ;pectfied n 1'em A7 Use the !;ame datum as the BFE. 3enchmark Utilized Mass Geodetic Survey ;il116 0 Zentlicaj Datum NGVD 19 2 9 Convers ion; Comments rd r ;r d r r r -r, = d 4 e.If :n ) '° iMA I q r. - .r r; .a„-r-r'r y _.r .r G.? .� .f Cr'�.:, .'r r �.1-...-e. _ ./' ; 11L 1 :ao : .�.K : .rte, e e -r, r r. :e - _ect :r a : - :ea a e x'M1'I;L,Ay ea 3r1 ..,ner,r' _5 +o B 'a1u) w1711�am F_ Drude, Jr_ '�A eg. 3 3289 4L !L _ Professional Land Surveyor Huntley Associates, P.C. =::e { 30 Industrial Drive East, Northampton, MA 01060 -re :ate '- epncre 9191 /?f11 n If d1 -11 4fid 7d4d "AA Form 31-11 liar 79 =ee -everse Sae `or ccr.trt..atjon. :;-Places .A ^re,;ous caittor's Check the measurement used. ,) Top of bottom floor (including basement, crawispace, :r enclosure floor) 2 3 6 g `eet meter .Puerto Rir_o arty) -:p cf he Text higher floor 243 7 `eet 1 meters (Puerto Rico crit') Bottom ;i the lowest henzcntat structural member ;V Zones on n a _J ^'1 feet meters Puerto Rico only) 1) Ar!acheo 1ar3ge rtoo of >lab) n a El feet L117'neters (Puerto Rico .nly) et ]west elevation of machinery cr equipment zerncing the building 237 5_® `eet U meters tPuerto Rico only) Oescrrbe type of equipment and 'ocation ,n Comments) F) Lzwest ad)acent finished) -grade next to building (LAG) 240 % i`Z_1 feet ❑ meters (Puerto Rico only) g) �tghest adjacent ,rinished) grace next to buid,ng HAG)� 6 'RJ eet 7 teeters ;Puerto Rico :rlvi _=Nest 16acert grade 7t �rN.�st -�lev noon Jf :erk :r l'3iri. ^c..ar7 _--et _ -e,ers P.e^o zz.r,o SECTION D - 3URVEYOR, ENGINEER, OR ARCHITECT --ERTIFfCATION rd r ;r d r r r -r, = d 4 e.If :n ) '° iMA I q r. - .r r; .a„-r-r'r y _.r .r G.? .� .f Cr'�.:, .'r r �.1-...-e. _ ./' ; 11L 1 :ao : .�.K : .rte, e e -r, r r. :e - _ect :r a : - :ea a e x'M1'I;L,Ay ea 3r1 ..,ner,r' _5 +o B 'a1u) w1711�am F_ Drude, Jr_ '�A eg. 3 3289 4L !L _ Professional Land Surveyor Huntley Associates, P.C. =::e { 30 Industrial Drive East, Northampton, MA 01060 -re :ate '- epncre 9191 /?f11 n If d1 -11 4fid 7d4d "AA Form 31-11 liar 79 =ee -everse Sae `or ccr.trt..atjon. :;-Places .A ^re,;ous caittor's IMPORTANT: In these spaces, copy the corresponding inforr ation from Section A. For Insurance Company Use: 3uiidmq Street Address ncludinq Apt.. Unit, Suite, andlor Bldg. No pir P.0 Route and Box No. Policy Number :qty state ZIP Ccde I Company NAIC Number SECTION D - SURVEYOR, ENGINEER, OR ARCHITECT CERTIFICATION (CONTINUED) cy both i des of this Eevaticn Cer!if cite for ;1 i,omrrur.ity stflc al, ('7) insurance 3genticompany. and 13; budding c•Nner. :mments _ Latitude / longitude per Google Earth Machine in C2 - E i s a heating system gnature Date ❑ Check here if attachments SECTION E - BUILDING ELEVATION INFORMATION (SURVEY NOT REQUIRED) FOR ZONE AO AND ZONE A (WITHOUT BFE) F^,r Zones AO and A wilhout 13FE1. complete !tems EI -E5 If rhe Certificate is ,ntended to support a LGMA or LON1R-F request, complete Sections A, B, Ind C. Fcr !toms E' -E4. re -atur 31 �rade..f 3vadable. •�J.eck rhe measurement used. in Puerto Rico only, enter meters. E1 Provide elevat ion information for the fcllewmg and check the appropriate boxes to show whether the elevation is above or below the highest adjacent jrade r HAG) and the lowest adjacent grade ItAG). q Top of bottom floor !Including basement, crawispace, or enclosure) is ` ❑feet ❑meters ❑above or ❑telow the HAG. b) Top of bottom floor (including basement, (;mw(space, or enclosure) is _ Deet ❑meters ❑above or ❑below the LAG. E2. For Building Diagrams 6-9 with permarent Flood openings provided in Sectior A Items 8 and/or 9 jsee [aes 8-9 of Instructions), the next higher ticar -tevation C2. b in the diagrams) rt;he budding is feet L] meters ❑ ;above or below the HAG. ET Attached garage (top of dab) is ❑ feet ❑ meters ❑ above or ❑ below the HAG. E4 T.p cf platform df machmery 3rdior equipment :ery einq the budding is _ ❑ `eet ❑ meters ❑ above --r ' below, me NAG =5 'ore AO only If -a 9r;cd .epth nurnter s avadabte S 'he' ip of 1-e cattam r'cor-ievated n acrcraance ,vdh rhe ccmmurity s -'rcdpiam - -Ar agerrent .';1ranCB' J 1-s No �.'.^kro`.vn ^eCCBI ;t>'iU21 mast rr'en.fy 'h'S •rsCrmatlCn •n@Gaon G. SECTION F - PROPERTY OWNER (OR OWNER'S REPRESENTATIVE) CERTIFICATION -`re oroperty owner or owner's authorized representative mho completes Sections A. B. and E for Zone A mtheut a FEMA-sssued or community- sued BFE) :r Zcne AO must sign here rhe rtaterrents .n .Seciiens A. B. and E .ire rerrect ?o the hest of my krr,•,vledge. ?rdperty Owner s or Owners Authcrzed Represent alive s Name Address City State ZIP Code gnature Gate Telephone .cmments SECTION G - COMMUNITY INFORMATION (OPTIONAL) The vocal official who is authorized by aw or ordinance to administer the community's floodplain management ordinance can complete Sections A, B. C (or E), 3r,d G of this Elevation Certificate. Complete the applicable ;tem(s)and sign below. Check the measurement used in Items G8 and G9. G1 ❑ The information in Section C was taken from other documentation that has teen signed and sealed by a licensed surveyor, engineer or architect mho s authorized by jaw b certify elevation nfornation. :Indicate the sdurce and date of 'he elevation data ir, the Comments Brea telcw ) 52. f❑ A comm un ty official completed Secuon E for a budding ;coated .n Zone A , Without a FEMA -Issued or cemmun ty-Issued 131 or Zone AG. S3. ❑ 'he `cilow rg nformat;cn Items G4 -G91 re or-, ded for community 'Tacdclain management purposes - ,54 Permit Number 35- Date Permit Issued 36. Cate Certificate Of Corr, phance,Occupancy Issued � f ,T This permit has teen r3sued for: ❑ New Cersirtaction ❑ Substantial Improvement �8 _ev itior ,f 35-nu,R c`r,e•3t "air,,nr:cdir, a �� q oa�sam_rti ;f •he -wid.nq met "ors �:,R: : 31�,m n al , ':ar-e -gip �� ;Peck -erg f -ir a mertt =EMA Form 81-31 ^,13,r 09 'enlaces nl rAvious lrtions 'o d rn u F r W C p WLL 0."o mw O _ O my E EpDO D O C W O U Y LL c O O N rc `y sIs Z `o J w LJ r� W O N H uFi w N W j f%7 Q i 21. E E- a O W z Nal] N N ct OEz a LLao �mE� 0 W = w t/i O 4 0 -4 $ E' �� f Z , ��7yy v .._ o t-w= mgEELL O N X n co W W¢« N 'Q NOJ.. w rn I z D c� X Z W �" �' W o o f ¢ Z i 0 wLL E y m a O0� ocmvL y S C pr �i Lu W c�a J G O¢ a0 aY ��rr Ca 0 d. W Q~; Z W O E CD Q s ti y �-. C-4 cm C y p0 ® i u N O OO * d' 10 J �p E O' W y a O C ` p Y c 0 E X a E 3m N_ N N p p a s ry O 02�� CO 2 W �d O y x z � F x � N �y3yds LU ¢� a < ST m PINE LJJ`._ Z y $T N N NONOS as Nco F �o O b O N 4 vi N O j � ft m w LU ir y Borrower N/A File No. R022216 Property Address 45 Spring St city Florence County Ha, shire State MA Zip Code 01062 Lender/Client Douglas Thayer, Jain Lattes TABLE OF CONTENTS Table of Contents......................................................... Lefler of Transmittal..................................................... Supplemental Addendum w/sig block ........................... USPAP Identification..................................................... URAR........................................................................... Additional Comparables 4.6 .......................................... Market Conditions Addendum to the Appraisal Repoli ... SubjectPhotos............................................................. InteriorPhotos.............................................................. Comparable Photos 1-3 ................................................ Comparable Photos 4-6 ................................................ LocationMap................................................................ SiteMap....................................................................... BuildingSketch............................................................. Scanned Document....................................................... Scanned Document....................................................... Scanned Document....................................................... Invoice.......................................................................... ............... 1 ............... 2 ............... 3 ............... 4 ............... 5 ............... 11 I.......... 12 ............... 13 14 15 ............... 16 ............... 17 18 ............... 19 .............. 20 .............. 21 .............. 22 .............. 23 Form TOCP -"TOTAL" appraisal software, by a la mode, Inc. -1-800-ALAMODE Serial# 244DDC84 Smith & Reynolds Appraisal 451 Westfield Rd Holyoke, MA 01040-1636 413.733.1121 02/24/2016 Douglas Thayer, Jain Lattes Douglas Thayer, Jain Lattes 45 Spring St, Florence, MA 01062 Re: Property: 45 Spring St Florence, MA 01062 Borrower. N/A File No.: R022216 Opinion of Value: $ 295,000 Effective Date: 02/17/2016 In accordance with your request, we have appraised the above referenced property. The report of that appraisal is attached The purpose of the appraisal is to develop an opinion of market value for the property described in this appraisal report, as improved, in unencumbered fee simple title of ownership. Additionally, I have been instructed to provide a value of the single family improvement only for the purposes of determining the further development of the existing improvement within FEMA guidelines. This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The opinion of value reported above is as of the stated effective date and is contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me I can be of additional service to you t ,A, ----- License or Certification #: 75155 State: MA Expires: 07/24/2017 mreynolds@smithandreynolds.com Serial# 244DDC84 Sunalemental Addendum Pan Nn Borrower N/A Property Address 45 Spring St City Florence County H shire State MA Zip Cade 01062 Lender/Client Douglas Thayer, Jain Lattes le purpose of the appraisal is to develop an opinion of market value for the property described in this 1praisal report, as improved, in unencumbered fee simple title of ownership. Additionally, I have been structed to provide a value of the single family improvement only for the purposes of determining the rther development of the existing improvement within FEMA guidelines. tr the NFIP/CRS guidelines: he formula A project is a substantial improvement if: Cost of improvement Project > 50 percent Market value of the building the request of the client I have appraised the subject property, as -is, as of 02/17/2016. The appraisal includes real property, which includes the land and all improvements. I have also developed an opinion of value of the id only of the subject property. My results are outlined in the following pages. For the purposes of this report, ve deducted the land value and the contribution of the subject barn from the as -is market value of the subject operty. The result is the residual or contributory value of the house only: ;-is market value of the subject property as of 02/17/2016: $295,000.00 Brket value of the subject land only as of 02/17/2016: ($100,000.00) >-is value of the subject improvements only: $195,000.00 mtributory value of barn, landscaping, site improvements: ($ 15 000.00) 3sidual, as -is value of the subject house only: $180,000.00 Signature Name Ma ew Date Signed Oi State Cert ficati Or State License # Pate Signed _ State Ced ication # Or State License # Form TAOD2 -"TOTAL" appraisal softwars by a la mode, inc. -1-800-ALAMODE Serial# 2440DCB4 State State borrower N/A File No. R022216 Property Address 45 spring St City Florence County Ilam shire State MA Zip Code 01062 Lender/Client Douglas Thayer, Jain Latter APPRAISAL AND REPORT IDENTIFICATION This Report is One of the following types: ® Appraisal Report (A written report prepared under Standards Rule 2-2(a) , pursuant to the Scope of Work, as disclosed elsewhere in this report.) ❑ Restricted (A written report prepared under Standards Rule 2-2(b) , pursuant to the Scope of Work, as disclosed elsewhere in this report, Appraisal Report restricted to the stated intended use by the specified client or intended user.) Comments on Standards Rule 2-3 1 certify that, to the best of my knowledge and belief: - The statements of fact contained in this report are true and correct - The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. Unless otherwise indicated, I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrance of a subsequent event directly related to the intended use of this appraisal. - My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared. Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report. Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of each individual providing significant real property appraisal assistance is stated elsewhere in this report). - The appraiser has not appraised or provided any real estate related services pertaining to the subject property within the past 36 months. Reasonable Exposure Time (USPAP defines Exposure Time as the estimated length of time that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at market value on the effective date of the appraisal.) My Opinion of Reasonable Exposure Time for the subject property at the market value stated in this report is: 3-6 months Comments on Appraisal and Report Identification Note any USPAP-related issues requiring disclosure and any state mandated requirements: ft www.SureDocs.com/validate APPRAI rffJ� SUPERVISORY or CO—APPRAISER (if applicable): Signature: l Signature: Name: Reynolds Name: Re nolds A raisal State CertiState Certification #: or State License #: or State License #: State: MA Expiration Date of Certification or License: 07/24/2017 State: Expiration Date of Certification or License: Date of Signature and Report: 02/24/2016 Date of Signature: Effective Date of Appraisal: 02/17/2016 Inspection of Subject: ❑ None Interior and Exterior LJ Exterior-Only Inspection of Subject: ❑ None ❑ Interior and Exterior ❑ Exterior-Only Date of Inspection (if applicable): 02/17/2016 Date of Inspection (A applicable): Farm ID14E -'TOTAL" appraisal software by a la mode, Inc. -1-800-ALAMODE Serial# 244DDCB4 Smith & Reynolds Appraisals Uniform Residential ADDraisal Renort 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 45 Spring St ! City Florence State MA Zip Cade 01062 Borrower N/A Owner of Public Recoid Douglas Thayer & Jain Lattes County Hampshire LegalDescnpton Hampshire County Registry of Deeds Book: 10335 Pa,e: 68 Date: 10/15/2010 Assessor's Parcel # 22B-058-001 Tax Year 2016 R.E. Taxes $ 3 463.09 Neighborhood Name Florence Map Reference 44140 Census Tract 8217.00 Occupant ® Owner ❑ Tenant ❑ Vacant Special Assessments $ 0 ❑ PUD HOA $ 0 ❑ per year ❑ per month " Property Rights Appraised ® Fee Simple ❑ Leasehold ❑ Other (describe) Assignment Type ❑ Purchase Transaction ❑ Refinance Transaction ® Other (describe) FEMA Calculation Lender/Client Douglas Tha er Jain Lattes Address 45 Sqring St Florence MA 01062 Is the subject property currently offered for sale or has ft 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). MLS 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. N/A Contract Price $ N/A Date of Contract N/A Is the property seller the owner of public record? ❑ Yes ❑ No Data Source(s) _ Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the bonoweO ❑ Yes ❑ No If Yes, report the total dollar amount and describe the items to be paid. N/A Note: Race and the racial composition of the neighborhood are not appraisal factors. Ibbod000dCharacteristk.a i' tkwe-U N TrenQ9 fine -Uri Housing Present Land Use 94. Location ❑ Urban ® Suburban ❑ Rural PropertyValues ❑ Increasing ® Stable ❑ Declining PRICE AGE One -Unit 70% Built -Up ❑ Over 75% X 25-75% Under 25% Demand/Supply Shortage X In Balance Over Supply $ (000) (y s 2-4 Unit 5 % Growth ❑ Rapid ❑*J Stable ❑ Slaw Marketing Time ❑ Under 3 rAths ® 3-6 mths ❑ Over 6 mths 100 Low 1 Mufti -Family % Neighborhood Boundaries The subject neihborhood is considered to be the i of Northampton south and 750 High 25o Commercial 5% west of Rt 9 and west of Rt 10 includes the neighborhoods of Florence Lees and West Farms. 250 Pred. 70 Other 20% Neighborhood Description The subject property is located in the neighborhood known locally as Florence. The neighborhood includes a small downtown with commercial neighborhood uses. The neighborhood is gqnerally improved by single family homes throughout, aging in age, style, and appeal. No adverse conditions noted. The subject is located n a moderately traveled 2 way road. Market Conditions (including support for the above conclusions) The subject markleta ears to be stable on a price basis at this time with seasonal fluctuations in evidence. See form 1004mc in this report for more anal s s. Dimensions 206' Frontage x see site map addendum Area 20 124.72 Shape Triangular View Neighborhood Specific Zoning Classification SC -Special Conservato Zoning Description 8000 sf, 75' frontage minimums Zoning Compliance X Legal ❑ Legal Nonconforming (Grandfathered Use) ❑ No Zoning ❑ Illegal (describe) Is the highest and best use of 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 -she Improvements - Type Public Private Electricity X ❑ Water X El Street Asphalt Paved X El Gas X EJSanitary Sewer ® [IAlley None ❑ ❑ FEMA Special Flood Hazard Area X Yes LJ No FEMA Flood Zone A7 FEMA Map #2501670001 A FEMA Map Date 4/3/1978 Are the utilities and off-site improvements typical for the market area? XYes No If No, describe Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? D Yes X No tf Yes, descnbe General Dwription Foundation EtdWor Descroffcn maberi*/oond�an b beniq - rttater( /**"w ort Units X One ❑ One with Accessory Unit ❑ Concrete Slab ® Crawl Space Foundation Walls Block / A Floors Wood /G # of Stories 2 Full Basement Partial Basement Exterior Walls Claps / Good Walls Drywall /G Type ® Det. ❑ Att. ❑ S-Det./End Unit Basement Area 500+/- sq.ft.' Roof Surface Slate / A Trim/Finish Wood /G Existing Proposed Under Const. Basement Finish 0 % Gutters & Downspouts None Bath Floor Ceramic Tile /G Design (Style) Farm Outside Entry/Exit Sump Pump Window Type Replacement / A Bath Wainscot None Year Built 1900(per cit Evidence of ❑ Infestation Storm Sash/Insulated Insulated Car Storage None Effective Age (Yrs) 20 ❑ Dampness ❑ Settlement Screens Yes X Driveway # of Cars 2+ Attic X None Heating FWA X HWBB Radiant Amenities Woodstove(s) # Driveway Surface Gravel ❑ Drop Stair ❑ Stairs ❑ Other Fuel Gas ❑ Fireplace(s) # ❑ Fence ® Garage # of Cars 1 Floor ❑ Scuttle Cooling LJ Central Air Conciftioning X Patio/Deck X Parch O en/Scr ❑ Carport # of Cars ❑ Finished ❑ Heated ❑ Individual ID Other ❑ Pool ® Other Barn ❑ Att. ® Det. ❑ Built-in Appliances X Refrigerator ® Range/Oven ® Dishwasher ® Disposal ❑ Microwave ❑ Washer/Dryer Other (describe) Vent Hood Finished area above grade contains: 6 Rooms 3 Bedrooms 1.1 Bath(s) -1,428 Square Feet of Gross Living Area Above Grade . Additional features (special energy efficient items, etc.). Detached barn with ability for car storage. Screen and open porch. Rear wood deck. Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). The subject improvement is in good condition having been fully renovated in past 5 years. Kitchen and 1 st floor lavatory,finishes are of superior quality to market. Kitchen appliances are of good quality. Recessed lighting in kitchen. Basement is access is via bulkhead only. There is a sump pump,however the basement was dry at the time of my inspection. Exterior siding is of superior cluality concrete clapboards and PVC trim. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or strWctural integrity of the property? ❑ Yes X No If Yes, describe Does the property generally conform to the neighborhood functional utility, style, condition, use, construction, etc.)? X Yes No It No, describe Freddie Mac Form 70 March 2005 Page 1 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDC84 Uniform Res I Report File# R022216 me cic i urnparaoie propemes currentry offered for sale in the subject ighborhood ranging in price from $ 298 000 to $ 298,000 There are 28 comparable sales in the subject neighborhood within the past tw ve months ranging in sale price from $ 172,000 to $ 434 000 FEATURE SUBJECT COMPARABLE SALE # 11 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 45 Spring St 1095 Westhampton Rd 22 Berkshire Ter 81 Ryan Rd Florence MA 01062 Florence MA 01062 Florence MA 01062 Florence MA 01062 Proximity to Subject 3.25 miles SW 0.85 miles E 0.25 miles S Sale Price $ N/A $ 2P4,000 $ 285500 295 000 Sale Price/Gross Liv. Area $ sq.ft. $ 143.09 sq.ft. $ 227.31 sq.ft. $ 131.64 sq.ft Data Source(s) MLS#71846065 DOM:119 MLS#71882919 DOM: 24 MLS#71820285 DOM:223 Verification Source s) Public Records Public Records Public Records VALUE ADJUSTMENTS DESCRIPTION I DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment Sales or Financing $6000 Concssn X6,000 No Concession No Concession Concessions Date of Sale/T-ime 09/17/2015 08/26/2015 11/25/2015 Location Avera a Infenor + 0 000 Su error -20 000 Inferior +10 000 Leasehold/Fee Simple Fee Simple Fee Sim le Fee Sim le Fee Sim Ie Site 20 124.72 77275 5 000 11369 +5 000 35719 View Neighborhood Neighborhood Nei hborhood Neighborhood Design Style) Farm Farm Ranch Farm Quality of Construction Average Inferior + 0,000 Inferior +20000 Inferior +10,000 Actual Age 116 175 66 116 Condtion Good Good Good Good Above Grade Total Bdrms. Baths Total 8drms. Baths Total 8drms. Baths Total Bdrms. Baths Room Count 6 3 1.1 7 3 1.0 +4 000 7 3 1.0 +4 000 7 3 2.0 1 500 Gross Living Area 1,428 sq.ft. 1 845 sq.ft. -12 500 1 256 sq.ft. +5200 2,241 sq.ft. -24,400 Basement & Finished 500+/- Sq. Ft. Full Full Partial Rooms Below Grade Unfinished Unfinished Unfinished Unfinished Functional Utility 3 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom Heating/Cooling BBHW/None BBHVV1Wall Air BBHW/None FWA/None Energy Efficient Items Typical T ical T ical T ical Garage/Carport 1 Car Barn 2 Car Det 1 Car Det +2000 1 Car Det +2,000 Porch/Patio/Deck Scm Porch/Deck Parch/Deck Enc Porch +1 000 Porch Enc Prch Other Lar eBam -10,000 Other Net Adjustment (Total) ®+ ❑ - $ 19,50 ® + ❑ - $ 17 200 ❑ + - $ -3,900 Adjusted Sale Price Net Adj. 4.0% Net Adj. 6.0% Net Adj. 1.3% of Comparables Gross Adj. 29.4 % I $ 274 500 Gross Adj. 20.0% $ 302,70o Gross Adj. 16.2% $ 291,100 1 X did did not research the sale or transfer history of the subject property and comparable sales. If not, explain My research ❑ did ® did not reveal any prior sales or transfers of the subject property fol the three years prior to the effective date of this appraisal. Data Source(s) Reg of Deeds My research ® did ❑ did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Sourcc(s) Reg of Deeds Report the results of the research and analysis of the prior sale or transfer history of the subject ptoperty and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transfer No Sale in ast 3 ears No sale in nrinr vpniir 12/16/2014 No sale in prior year Price of Prior Sale/Transfer 1 Data Source(s) Re of Deeds Re of Deeds Re of Deeds Re of Deeds Effective Date of Data Source(s) 02/23/2016 02/23/2016 02/23/2016 02/23/2016 Analysis of prior sale or transfer history of the subject property and comparable sales Sale 2 prior sale was a family transfer. Sale 4 Was sold on 10/24/2014 for the purposes of rehabilitation and resale. Summary of Sales Comparison Approach GLA adjusted $30/sf. Site adjustment made to reflect the market reaction to differences in lot size. In the sub ect market excess land is considered to be any land greater than 1 acre. Sales 1 3 4 all located on busy streets therefore a location adjustment was made to reflect the inferior location. Sale 2 locatqd in a superior area closer to downtown Northampton. All sales include a guality of construction adjustment to reflect the subject's good gLiality finishes and materials. Sale 2 includes a large detached bam. In determining the value indicated by this approach, greatest consideration was given to sales 2 and 3 due to similarities location and condition and improvement composition. Indicated Value by Sales Comparison Approach $ 295,000 Indicated Value by: Sales Comparison Approach $ 295,000 Cost Approach (if developed) $ Income Approach (if developed) $ N/A See the following page for estimate of land value. In determining the final ppinion of value the Sales Comparison Approach is deemed most reflective of the market. This appraisal is made ® "as is ❑ subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, ❑ subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or ❑ subjecttothe following required inspection based on the extraordinary assumption that the condition or d4ficiency does not require alteration or repair: Based on a complete visual inspection of the interior and exterior areas of the subjectproperty, defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is S 295,000 , as of 02/17/2016 , which is the date of insdection and the effective date of this annraiear Freddie Mac Form 70 March 2005 Page 2 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE serial# 24400ca4 i Uniform Residential Appraisal Report Due to a lack of recent similar sales located near the subject, sale 1 is ireater than 1 mile from the subject. Notwithstanding, all sales are considered to be the best available to the appraiser at the time of this re Ort. Due to a lack of recent similar sales located in the subject market sale 1 exceeds FNMA guideline for gross adjustment 25% and sale 4 exceeds FNMA guideline for net adjustment (15%). Notwithstanding,all ales are considered to be the best available to the appraiser at the time of this report. COSTAPPROAGHTUYALll (notrequiredbyfannie;Mae) Provide adequate information for the lender/client to replicate the below cost figures and calculate s. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) The appraiser conducted an MLS survey of land sales in the subject market during the past 36 months. In estimating the site yalue of the subjectI have chosen the 4 most similar sales. The sales ranged in sales price from $70,000 for a smaller lot located in an inferior are ip the neighborhood of Leeds to $120,000 for a SiGnificantly smaller lot in a desirable new subdivision, Emerson Way in Florence). The other 2 sales were located in Florence and sold for $95,000 and $104,000. ESTIMATED ❑ REPRODUCTION OR ❑ REPLACEMENT COST NEW OPINION OF SITE VALUE _$ 100000 Source of cost data N/A DWELLING Sq.Ft. @ $ _ _ _ _ _ _ _ _$ : Quality rating from cost service N/A Effective date of cost data N/A Sq.Ft. @ $ _ _ _ _ _ _ _ =$ Comments on Cost Approach (gross living area calculations, depreciation, etc.) _$ The cost approach was not developed due to thea a of the Garage/Carport Sq.R. @ $ _ _ _ _ _$ improvements. Rarely are 100+ year old houses valued by this Total Estimate of Cost -New =$ approach as estimating accrued deterioration would be too Less Physical Functional External speculative. Depreciation Depreciated Cost of Improvements "As -is" Value of Site Imp rovements _____________ =$ Estimated Remaining Economic Life (HUD and VA only) Years INDICATED VALUE BY COST APPROACH _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ =$ INCOUE APPROACH TO VALU (not required by Fannie Daae} Estimated Monthly Market Rent $ X Gross Rent Multiplier _ $ Indicated Value ti Income Approach Summary of Income Approach (including support for market rent and GRM) Income approach not developed due to a lack of good, verifiable rental information of rented single family homes located in the subject market. PROJECT INFORMATi Is the developer/builder in control of the Homeowners' Association (HOA)? Yes ❑ No Unit type(s) Detached 0 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 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 source(s) Was the project created by the conversion of existing building(s) into a PUD? ❑ Yes No If Yes, date of conversion. Does the project contain any mufti -dwelling units? Ej Yes D No Data Source Are the units, common elements, and recreation facilities complete? ❑ Yes ❑ No If No, describe the status of completion. Are the common elements leased to or by the Homeowners' Association? ❑ Yes ❑ No If Yes, describe the rental terms and options. Describe common elements and recreational facilities. rreaaie Mac rorm rU March 2005 Page 3 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDC84 Uniform Resid This report form is designed to report an appraisal of a c including a unit in a planned unit development (PUD). This manufactured home or a unit in a condominium or coop raisal Report File# R022216 property or a one -unit property with an accessory unit; form is not designed to report an appraisal of a project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. 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 assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (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. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: 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 market's 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 conditions: 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 because 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 she became aware of during the research involved in performing the appraisal. Unless otherwise stated in this 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 no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for 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. Freddie Mac Form 70 March 2005 Page 4 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDCB4 Uniform Residential Appraisal Report Filer# APPRAISER'S CERTIFICATION: The Appraiser certifies and igrees 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. 1 performed a complete 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. 1 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. 1 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. 1 selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. 1 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. 1 have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. 1 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. 1 have knowledge and experience in appraising this type of property in this market area. 12. 1 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. 1 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 researchinvolved in performing this appraisal. I 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. 1 stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions 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 (such as approval of a pending mortgage loan application). 19. 1 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. 1 identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 Page 5 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL" appraisal software by a la node, Inc. -1-800-ALAMODE sertat# 244aoea4 Uniform Residential Appraisal Report File# R022216 21. The lender/client may disclose or distribute this appraisal xeport to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting 'services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state; the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. 1 am aware that any disclosure or distribution of this appraisal report by me or the lender/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. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. 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. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. 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. 1 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 AppraisalFoundation and that were in place at the time this appraisal report was prepared. 5. 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. 9 Name Telephone Number 413.733.1121 Email Address mrevnoldspsMithandreynolds.com Date of Signature and Report 02/24/2016 Effective Date of Appraisal 02117/2016 State Certification # 75155 or State License # _ or Other (describe) State # State MA _ Expiration Date of Certification or License 07/24/2017 ADDRESS OF PROPERTY APPRAISED Florence MA 01062 APPRAISED VALUE OF SUBJECT PROPERTY $ 295 000 LENDER/CLIENT SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name _ Company Name Company Address Telephone Number Email Address Date of Signature _ State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY ❑ Did not inspect subject property ❑ Did inspect exterior of subject property from street Date of Inspection Did inspect Interior and exterior of subject property Date of Inspection Name Douglas Thayer, Jain Lattes COMPARABLE SALES Company Name Company Address 45 Spring St Florence MA 01062 (❑ Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Email Address doualas.thaver0amail.com Date of Inspection Freddie Mao Form 70 March 2005 Page 6 of 6 Fannie Mae Form 1004 March 2005 Form IC04 - "TOTAL" appraisal software by a is mode, Inc. -1-800-ALAMOOE serial# zaapocai Uniform Residential Annraisal RPnnrr FEATURE SUBJECT COMPARABLE SALE # 4 f COMPARABLE SALE # 5 COMPARABLE SALE # 6 Address 45 Spring St 89 Florence Rd Florence MA 01062 Florence MA 01062 Proximity to Subject 0.38 miles SE Sale Price $ N/A $ 2 6,50 $ $ Sale Price/Gross Liv. Area $ sq.ft. $ 203.90 sq.ft. I I $ sq.ft. I $ sq.ft Data Source(s) MLS#71858324 DOM:69 Verification Source(s) Public Records VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-j $ AdjugtmeM DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment Sales or Financing Concessions $6500 Concssn Date of Sale/Time 08/24/2015 Location Average Inferior +10,00 Leasehold/Fee Simple Fee Simple Fee Simple Site 20 124.72 81021 -5,000 View Nei hborhood Neighborhood Design (Style) Farm Farm Quality of Construction Average Inferior +20,00 Actual Age 116 156 Condition Good Good Above Grade Room Count Gross Living Area Total Bdrms. Baths Total I Bdrms. Baths Total Bdrms. Baths 6 3 1.1 673 1.1 1 0 1,428 sq.ft. 1,258 sq.ft. +5,100 sq.ft. Total Bdrms. Baths sq.ft. Basement & Finished Rooms Below Grade 500+/- Sq.Ft. Full Unfinished Unfinished Functional Utility 3 Bedroom 3 Bedroom Heating/Cooling BBHW/None FWA/None Energy Efficient Items Typical T ical Garage/Carport 1 Car Bam 1 Car Bam Porch/Patio/Deck Sem Porch/Deck Deck +1 500 Other Other House Lac on Lot +1 000 Net Adjustment (Total) ® + ❑ - $ 41 600 ❑ + ❑ - $ ❑ + ❑ - $ Adjusted Sale Price of Comparables Net Adj. 162 % Net Adj. % Gross Adj- 20.1 % $ 298 100 Gross Adj. % $ I Net Adj. % Gross Adj. % $ Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sates (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Date of Prior Sale/Transfer No Sale in past 3 years No sale in poor year Price of Prior Sale/Transfer Data Source(s) Reg of Deeds Re of Deeds Grantor Effective Date of Data Source(s) 02/23/2016 02/23/2016 Analysis of prior sale or transfer history of the subject property and comparable sales Analysis/Comments Freddie Mac Form 70 March 2005 Fannie Mae Form 1004 March 2005 Farm 1004.(AC) - "TOTAL' appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDCB4 Market Conditions Addendum to the Appraisal Report Hello. R022216 The purpose of this addendum is to provide the lender/client with a clear and accurate un rstanding of thio market trends and conditions prevalent in the subject neighborhood. This is a required addendum for all appraisal reports with an effective date n or atter Ap l 1, 20D9. �u Property Address 45 Spring St City Florence State MA ZIP Code 01062 Borrower N/A Instructions: The appraiser must use the information required on this form as the basis for his/her conclusions, and must provide support for those conclusions, regarding housing trends and overall market conditions as reported in the Neighborhood section of file appraisal report form. The appraiser must fill in all the information to the extent it is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide an explanation. It is recognized that not all data sources will be able to provide data for the shaded areas below; if rt is available, however, the appraiser must include the data in the analysis. if data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identify B as an average. Sales and listings must be properties that compete with the subject property, detetmined by applying the criteria that would be used by a prospective buyer of the subject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new construction, foreclosures, etc. Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current - 3 Months Overall Trend Total # of Comparable Sales (Settled) 45 20 5 Increasing Stable Declining Absorption Rate (Total Sales/Months) 7.50 6.67 1.67 ❑ Increasing (] Stobie Declining Total # of Comparable Active Listings 23 16 12 Oecimmg Stable hxraas ng Months of Housing Supply (Total Listings/Ab.Rate) 3.1 2-4 7.2 Declining "' Stable Increasing' Median Sale 8 Cis Price, DOM, SaletList % = Prior 7-12 Months Pri— 4-6 Months Current - 3 Months Overall Trend Median Comparable Sale Price 260,500 1 282,500 260,000 Increasing X Stable Declining Median Comparable Sales Days on Market 56 59 97 ❑ Declining ❑ Stable X Increasing Median Comparable List Price 365,000 14.500 340 000 Immaashig Stable '' Deciletmg Median Comparable Listings Days on Market 61 28 :, 105 Declining 0 Stable Indreasin Median Sale Price as % of List Price .97 98 .9 ❑ Increasing ❑ Stable Declining Seger -(developer, builder, etc.)paid financial assistance prevalent? l YesIle LJ Declining Stable increasing Explain in detail the seller concessions trends for the past 12 months (e.g.. seller contribrrhpns increased from 3% to 5%, increasing use of buydowns, closing costs, condo fees, options, etc.}. Seller concessions toward closing costs are comrywn and are typically in the $2000-$6000 range. Are foreclosure sales (REO sales) a factor in the market? ❑ Yes ® No If yes, explain (including the trends in listings and sales of foreclosed properties). Cite data sources for above information. MLS Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. It you used any additional information, such as an analysis of pending sales and/or expired and withdrawn listings, to formulate your conclusions, provide both an explanation and support for your conclusions. Criteria for the survey above includes all single fatuity home located in the subiect neighborhood which includes Florence West Farms and Leeds. flue to a lack off sales of truly comparable properties {2 story homes built before 1930}, the appraiser expanded the sunre to include all home-, which�rovides an overall picture of the single family market'in the_sect neighborhood. The data shows that while prices are stable during the past 12 months mark eiino times are increasing and median sales price as a % of list rice is declining. This is most likely due to the slow winter market. _ .. If the subject is a unit in a condominium or cooperative project, complete the following: project Name: Subject Project Data Prior 7-12 Months Prior 4-6 Months Current- 3 Months I Overall Trend Total # of Comparable Sales (Settled) Increasing Stable Declining Absorption Rate (Total Sates/Months) 10 Increasing ❑ Stable ❑ Declining Total # of Active Comparable Listings I D Declining IL Stable Increasing Months of Unit Supply tTotal Listings/Ab.Rate) 11 Declining JLJStable 10 Increasingi Are foreclosure sales (REQ sales) a factor in the project? ❑ Yes No If yes, indicate the number of REO listings and explain the trends in listings and sales of foreclosed properties. _^ Summarize the above trends and address the impact on the subject unit and project. Signatur / f; Signature Appraise Name Matthew Reynolds Supervisory Appraiser Name Compa ame Smith & Reynolds Appraisal Company Name Company ss Company Address State License/Ce State License/Certification_ # state Email Address mreynolds@smithandreynolds.com "Email Address Freddie Mac Form 11 March 2049 Nage 1 of 1 Fannie Mae roan tuu4W Maroh 2UU9 Form 1004MC2 -'TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE serial# 244Doca4 Subject'Photo Page Borrower N/A Property Address 45 Spnna St Cay _- Florence County Hampshire State MA Tip Code 01062 Lender/Client Douglas Thayer. Jain Lattes Subject Front 45 Spring St Sales Price N/A Gross Living Area 1,428 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1.1 Location Average View Neighborhood Site 20,124.72 Quality Average Age 116 Subject Rear Subject Street Form PIC3X5.SR - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE serial# 24400ca4 interior Photos Borrower NIA Property Address — 45 Spring St — City Florence County Hampshire State MA Zip Code 011062 Lender/Client Douglas Thayer, Jain Lattes Form PIGINT6 - "TOTAL" appraisal software by a la mode, inc.-1-6QD-ALAMODE serial# 244pace4 Comparable Photo Page Borrower N/A Property Address 45 Spring St City Florence County H m shire State MA Zip Cade 01062 Lender/Client Douglas Thayer, Jain Lattes Comparable 1 1095 Westhampton Rd Prox. to Subject 3.25 miles SW Sale Price 264,000 Gross Living Area 1,845 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 1.0 Location Inferior View Neighborhood Site 77275 Quality Inferior Age 175 Comparable 2 22 Berkshire Ter Prox. to Subject 0.85 miles E Sale Price 285,500 Gross Living Area 1,256 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 1.0 Location Superior View Neighborhood Site 11369 Quality Inferior Age 66 Comparable 3 81 Ryan Rd Prox. to Subject 0.25 miles S Sale Price 295,000 Gross Living Area 2,241 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 2.0 Location Inferior View Neighborhood Site 35719 Quality Inferior Age 116 Form PIC3X5.CR - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDCB4 Comparable Photo Page Borrower N/A Prope ty Address 45 Spring St City Lender/Client Florence County H m shire State MA Zip Code 01062 Douglas Thayer, Jain Lattes Comparable 4 89 Florence Rd Prox. to Subject 0.38 miles SE Sale Price 256,500 Gross Living Area 1,258 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1.1 Location Inferior View Neighborhood Site 81021 Quality Inferior Age 156 Comparable 5 Prox, to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Comparable 6 Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form PIC3X5.CR -"TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE serial# 24400ca4 Location Map Borrower N/A Property Address 45 Spring St City_ Florence County Hampshire State MA Zip Code 01062 Lender/Client Douglas Thayer, Jain Lattes i a is mode,Xinn '1 YQi4 f y� ff ,i0p(�-i@RNSLIW� Y+l'nntt 45 Spring St f C©MPA " E No. 3 a s 22 Berkshire Ter 0.85>ml. i Fiaren[e �'�r`st:it � COMPARARt{E No. 3 g 82 Ryan Rd ewc: N rb 0.25 miles S CAMPARAffil Na, 4 is as F orente Rd 0.38 mites SE r flay state, e' ft,r f 12 gd:.. '1 COMPARA� 2055 Westhampton, Rd ' "thalt 0of, _ 9225 mile 5Vtrr� mo Xi d � may, Sbh�T4tt. .. cr r, h T` puke N.iil. R:1. G Form MAP.! OC -'TOTAL' appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244ppCB4 Site Map Borrower NIA Property Address SringSt 45S City Florence County Hampshire State MA Zip Code 01062 Lender/Client Douglas Thayer, Jain Lattes 116.3 94.8 3- 56 A r 195.5 195 2: Form MAP_LT.SITE - "TOTAL" appraisal software by a la made, inc. -1-800-ALAMODE serial# 244DDCB4 Building Sketch Borrower N/A Property Address 45, Spring St _____ City pre State MA Zip Cade 01062 Florence Cannty Hpmshi Lender/Client Douglas Thayer, Jain Lattes Form SKT.BLDSKi - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDC84 8' 10, 7"] 10' —Pt N 61;t — -Pt8' 18' tV Bath (half) Bedroom Bath Dining Bedroom Kitchen � N .� 4' N V 8' "v � Mud 12' Living w Bedroom %o 18' 18' TOTAL skew W a 1, rcwae, enc Area Calculations Summary Living Arca Calculation Details First Floor 942 Sq ft 10x 2 = 20 8.4 = 32 15 x 8 = 120 19 x 12 = 228 18x13=234 14 x 22 = 308 Second Floor 486 Sq ft 27 x 18 = 486 Total Living Area (Rounded): 1428 Sq it Form SKT.BLDSKi - "TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDC84 Subject Deed MASSACHUSETTS rzXCISE rAX HSM"hlt* 04MIld ROD 013 001 04W 1W15=10t2:0GPM 41" 024= 16032 Doc# Q0=s04 Few ",00 cone. 1100.000.0a PROPE10-YADD RESS: 45 Spring Street. Florence (Northampton), Massachusetts QUITCLAIM DEED RONALD F. WILKINSON and HOLLY DREW, both of Florence (Northampton). Hampshire County. Massachusem in consideration or ONF H1`UNDU 1) THOUSAND (S 100,000.00) DOLLARS paid, grant if) DOUGLAS THAVER and JAIN LATTFS, husband and wife, both of Westhampton, Hampshire County. Massachusetts, (mait address; 212 Nonhwev Road, Westhamptom NIA 0 1027) as tenants by the entirety with QUITCLAIM COVENANTS The ]-and in Florence, Northampton, Hampshire County, Massachusetts, being a triangular parucl, qiturtcd on the Northeasterly side of Spri g street, a-. M*ore particularly described on the attached ,in Exhibit A. The grantors derive their title un& -r the Will of Catherine J. Wilkinscitt, which Will is probated in the Hampshire County Probate and Family Court at Docket Na. 115101`0199EA. Executed as a sealed instrument this 14' day of October. 2010, liold F.Wilii— onald F. Wilkinson Form SCNLGL -'TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE Serial# 244DDCB4 ear: 10335 P ; 69 c(JuN-Ty OFmii mulitE "I arta 14' i 9cluker. 2010, hch3r der„ the undastpud nmws Mubfic. y aprcwed 1T'd F W'ilkuen uDd 1laaUg; ?eaw. prnx rd to ttx thttw�fr wrtixt4asttru rt�clrrat:r: crf tsFrnrilisetitn, �iss� uau xtr* rawrtatgxttratl,xYtdttrtuslrrt zd<�nerfbt:mitrn �axMat+aittd tt�so�ru,acrt r'� �gnnlwrq rn�i Mg" h+ a ttxlw rrrehv 4n rA w-erntrunst (w trnt annul kraacv ra be tho nttmtrm wbnw nutttm etd #ipJtmt nn that precvde'rig ere att=hod u=, au- and whteustrlalVd tome tRef ahcv, atetud rt hVitIp AfW "uluntwily file lu ecvW,t FrwTM-.&. Form SCNLGL -"TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDCB4 19 Yx d � s' 44kcunxPttlsaiun tsluee:fil8 Form SCNLGL -"TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Serial# 244DDCB4 Bk: 10335 P9, 70 EXHIBIT A The land in Florence. Northampton. Hampshire County SSW SMS , Nja bu being a triangular parcel, siwied on the Northeasterly side of Spring Street, bounded and diesc6bed as follows: BEGINNING at a stake on the Northeasterly side of Spring Street so at the Northwesterly corner of the granted premises, it being the Southwesterly comer of land now lir formerly of Samuel A. Bottom; thmce EASTERLY along said land now or formerly of Samuel A. Bottum 273.5 feet, mom or Tess, to an iron pin, thence SOt,7HWFSTF-RJ.Y along other land now or formerly of John Boyle to be conveyvd to Mary T. Boyle, 195.5 fwL more or less to an iron pin on the Northeasterly side ofSpring Street act about 109 foci Northwesterly along said Street ftum the fence marking the division line between land now or formerly of Man, T Boyle and land now or formerly of the Prophylactic Brush Company; thence NOW11MIES'lIRLY along Spring Street 206.5 feet, more or Im to the placcof beginning. FXCF'FTTNO a small triangular strip In be conveyed to Mary T. Boyle by John Boyle, lying along the Easterly side of the granted premises and having a base of about four (4) fee oil Spring Street with sides about 195.5 feet long. Form SCNLGL -'TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE Serial# 2"DDCB4 Smith & Reynolds Appraisals FROM: Smith & Reynolds Appraisal Smith & Reynolds Appraisal 451 Westfield Rd Holyoke, MA 01040-1636 TeiephoneNumber: (413) 348-2808 Fax Number: (413) 781-0992 T0: Douglas Thayer 45 Spring St Florence, MA 01062 E -Mail: Telephone Number: Fax Number: Alternate Number: INVOICE Lender: Douglas Thayer, Jain Lattes Client: Douglas Thayer Purchaser/Borrower; N/A Property Address: 45 Spring St City: Florence County: Hampshire State: MA Zip: 01062 Legal Description: Hampshire County Registry of Deeds Book: 10335 Page: 68 Date: 10/15/2010 URAR Appraisal Report —PAID— Check#: Date: Description: Check #: Date: Description: Check #: Date: Description: SUBTOTAL SUBTOTAL TOTAL DUE ,� Form NIV5D -'TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE serialti 244DDC84 400.00 400.00 1/20/2016 45 Spring Street Proposed Addition Owner on Record Douglas Thayer/ Jain Lattes Scope of Work Construction of second floor on top of existing single story, north section, of building. Space will add two bedrooms. Space in current second floor will be reconfigured into a full bath. New roof will form a valley as it intersects existing roof. • Existing foundation will be re -pointed and repaired as needed from basement side. • First floor ceiling joists will be checked and upgraded if needed to support second floor living space. • Headers will be placed at second floor bottom plate to span first floor openings. We will assume all first floor openings to be improperly supported. • Enginnered trusses will be designed for roof assembly. Roof assembly has large dormer at rear creating unequal roof pitches. TO: TO BE CONSTRUED AS AN ACCURATE SURVEY AND IS NOT TO BE RECORDED. BUILDING LOCATION ACCURACY IS NOT GUARANTEED NOTE: PROPERTY LINES SHOWN ARE APPROXIMATE, A FULL FIELD SURVEY IS REQUIRED TO ACCURATELY DETERMINE THEIR LOCATION, NOTE: THE PREMISES TO INCLUDE THE STRUCTURE IS LOCATED WITHIN A 100 YEAR FLOOD ZONE (ZONE A). TEMPORARY CONSTRUCTION EASEMENT, SEE: BK. 2168, PG. 79, PARCEL E-20 -- REFERENCE PLAN BK. 80, PG. 37 PLAN BK. 80, PG. 33 o i ose� NOTE: SUBJECT TO EASEMENTS AND RIGHTS OF WAYS OF RECORD. yy BOOK 1332, `1 PAGE 361 ;� 45 206.5'± SPRING STREET CONNECTICUT ATTORNEYS TITLE INSURANCE COMPANY lou REFERENCE: BOOK 6573, ! PAGE 163 TO THE BEST OF MY INFORMATION, KNOWLEDGE AND BELIEF I HEREBY REPORT THAT 1 HAVE EXAMINED THE PREMISES AND BASED ON EXISTING MONUMENTATION ALL VISIBLE EASEMENTS, ENCROACHMENTS AND BUILDINGS ARE LOCATED ON THE GROUND AS SHOWN AND THAT THE BUILDINGS ARE ENTIRELY WITHIN THE LOT LINES, EXCEPT AS NOTED. I FURTHER REPORT THAT THE PROPERTY IS LOCATED WITHIN A FLOOD PRONE AREA AS SHOWN ON FEDERAL FLOOD INSURANCE MAPS FOR COMMUNITY #250167 SURVEYO,�t�'m t.Q �� +1`atH°F -5�� RAN. E. u 1ZER y /35032 'A% -NOTE- THIS PLAT FOR MORTGAGE LOAN PURPOSES ONLY AND DOES NOT CONSTITUTE A PROPERTY SURVEY -MORTGAGE LOAN INSPECTION PLAT - NORTHAMPTON, MASSACHUSETTS PREPARED FOR DOUGLAS THAYER & JAIN LATTES SCALE: 1"=50' OCTOBER 15, 2010 HAROLD L. EATON AND ASSOCIATES, INC. REGISTERED PROFESSIONAL LAND SURVEYORS 235 RUSSELL STREET - HADLEY - MASSACHUSETTS CLi N i� yM un Li 1 ��ITT��t t-1 4,pZ secmd, 1(he e \/va � I 0 0✓1 �ray��vth J � s J p Ol YkN a I +hVOuyk cwt Cc d-,< 6 Vo, �= te e 5 ba hie Lrk- Uew �S 4S sp; S sf �-c 10 0� e 0 o va k(f'?L VI � A y � S�� 5 t ! -� .Re r►v va I( ovl 5 V"-5 y a. ct> faV.,�,� kj5 s* pos�d A,�f 574CQ 5 1 Y u) FO u c los'. a OA� s NO m 1 Fpq r heevod /-vaSS idi� f ouY►'� Fou► �(oClc<YI �6 Wa�� 910LVY\ ;V\ � �I �ou m e4 00 �xo:�c`V S)6(4 s Sx}�� 0 ve'r V\Joock 69 if 0 5 C ," is 0 Floo-c Ic V-3 Tn 5 9c/o 1Sr Pvo a secoo� �L Rood Ar�a<<ov� yyc;��%Pa �h5�neev�C 7�'u5� i Sy � X 6 Weil 5' t41c5 2 x '$JooA Fvu v t v` Heol ev.S add ect 0 v X- J-5 � TIO o ? e�lN 4 YOL 4%"vvt 5 d11 " �,5 Addek txto ./4 . Z' Tw" CA) zi I vl� lot� A5e rvt 61 � �o �Q ge n40ve �( �Ow s10pe 60r) �- -ff,c C,4 avv"A` I 5p a(4:f I`I'` �lawh ,a 00 vi r va vkA t K i ✓� Ce I I� I v Se ncicz)) 9)(6 Ji vt o S �5 W �v wall aoid �vaw1,1 �� 150 ltA5L4ILCA �k a0