Schmidt - Exhibits to Petition for Filing.pdf

Ryan Schmidt Petitioner V Township Of West Bloomfield Respondent · 26-002797-TT

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EXHIBITS TO PROPERTY TAX APPEAL PETITION - SCHMIDT, RYAN 

. NOTICE OF ASSESSMENT. 

. 2026 BOARD OF REVIEW DECISION. 

. REPORT CARD. 

. VALUATION REPORT. 

. APPRAISAL BY RAY O’NEIL OF O’NEIL APPRAISAL, LLC.

EXHIBIT A - NOTICE OF ASSESSMENT

Se Tors tran ron 

THIS 

IS NOT A TAX BILL 

L-4400 

Notice of Assessment, Taxable Valuation, and Property Classification 

Toi form i 

sud 

under 

ot. 

208 0 18 

211,24 

6) and See 211 

FROM 

PARCEL IDENTIFICATION 

CHARTER TWP OF WEST BLOOMFIELD 

PARCEL CODE NUMBER: 

~~ X -18-03-108-017 

ROBERT SCRIPTURE, ASSESSOR 

4550 WALNUT LAKE ROAD 

PROPERTY ADDRESS: 

WEST BLOOMFIELD, MI 48323 

1860 ALLENDALE 

WEST BLOOMFIELD, MI 48324-1209 

NAME 

AND ADDRE:! 

F 

OWNER 

OR PERSON NAMED 

ON 

IENT R( 

I] 

a 

FEC CENEEOR 

PERED 

NRO 

PRINCIPAL RESIDENCE EXEMPTION 

% Exempt 

As "Homeowners Principal Residence: 

~~ 100.00% 

SCHMIDT, RYAN & NICOLE 

% Exempt 

As "Qualified Agricultural Property”: 

.00% 

1860 ALLENDALE AVE 

\ 

) 

. 

y 

WEST BLOOMFIELD MI 48324-1209 

% Exempt 

As "MBT Industial Personal 

00% 

9% Exempt As "MBT Commercial Personal”: 

00% 

Exempt 

As "Qualified Forest Property": 

O Yes 

[X] 

No 

_| THIS PROPERTY IS CLASSIFIED AS:401 

(RESIDENTIAL-IMPROVED) 

[SCHOOL DISTRICT: WEST BLOOMFIELD SCHOOL DIST, 

PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 

401 

(RESIDENTIAL-IMPROVED) 

Your assessment was based on market adjustment. 

The change in Taxable Value will increase/decrease your 2026 tax 

ae ell) 

Copel ial) 

CHANGE 

bill by approximately: 

3,985.74 

based on the 2025 tax rates. 

i 

1. TAXABLE VALUE (Current amount is tentative): 

223.721 

330,331 

106.610 

2. ASSESSED VALUE: 

283,520 

378.530 

95,010] 

3. TENTATIVE EQUALIZATION FACTOR: 

1.000 

4. STATE EQUALIZED VALUE (Current amount is tentative): 

283,520 

378,530 

95,010 

5. There WAS/WAS NOT a transfer of ownership on this property in 2025: 

WAS NOT 

6. ASSESSOR CHANGE REASON: Market Adjustment, Remodel 

The 2026 Inflation Rate Multiplier is: 1.027. 

Property taxes are calculated on the Taxable Value (see line 

1 above). The Taxable Value number entered in the "Change from Prior 

Year to Current Year" column, does not indicate a change in your taxes. This number indicates the change in the Taxable Value. 

State Equalized Value (SEV} is the Assessed Value (see line 2 above) multiplied by the Equalization Factor, if any (see line 3 above). 

State Equalized Value must approximate 50% of market value (see line 4 above). 

IF THERE WAS A TRANSFER OF OWNERSHIP (see line 5 above) on your property in 2025, your 2026 Taxable Value will be the same 

as your 2026 State Equalized Value. 

IF THERE WAS NOT A TRANSFER OF OWNERSHIP 

on your property in 2025, your 2026 Taxable Value is calculated by multiplying 

your 2025 Taxable Value (see line 1 above) by 1.027 (Inflation Rate Multiplier for the current year). 

Physical changes in your property 

may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. 

March Board of Review Appeal Information: 

The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be 

appealed by filing a protest with the local Board of Review. Protests are made to the Board of Review by completing a Board of Review 

Petition Form. A Petition Form may be obtained directly from the local unit or from the State Tax Commission at www.michigan.gov/taxes. 

Click on Forms (at top of page) then click on Property Tax, then click on Board of Review to obtain Form 618 (L-4035). 

To schedule an appointment for an appeal in person please call: 248-451-4850 by March 6, 2026. 

Any questions regarding your assessment, please call 248-451-4850 or by email at AskAssessing@wbtownship.org. For additional 

information, please visit our website at www.wbtownship.org. Appointments are available in date order. 

The Board of Review meeting schedule is: 

March 

3, 2026- 9:00 AM to 11:00 AM-Organizational Meeting (No Public Hearings) 

March 

4,2026 

9:00 AMto 

1:00 PM 

3:00 PM to 9:00 PM 

March 

5,2026 

9:00 AM to 11:00 AM 

0 PM to 4:00 PM 

March 

6,2026 

9:00 AM to 11:00 AM 

0 PM to 4:00 PM 

March 

9,2026 

9:00 

AMto 

1:00 

PM 

0 PM to 9:00 PM 

West BI 

field 

Townshin 

A 

sing 

Depart 

" 

March 

10,2026 

9:00 AMto 11:00 

AM 1:00 

PM to 3:00 PM 

Wes! 

Bloomfield 

Township 

Assessing 

Departmen! 

Not 

less than 14 days before the meeting of the Board of Review, the assessment notice shall be mailed to the property owner. 

Instead of a personal appearance you may file a written appeal by March 6, 2026. 

Please submit 

the following information with your signed letter and/or attachments: 

1) Reason for appeal, 2) Documents supporting 

reason for appeal, 3) Copy of this notice (or reference Property Identification Number on all correspondence), 4) Full contact information 

including telephone number. Agents representing a Taxpayer must provide the Board of Review with a current letter of authorization. 

The denial of an exemption from the local school operating tax for "qualified agricultural properties” may be appealed to the local Board of 

Review. The denial of an exemption from the local school operating tax for a "homeowner's principal residence" may be appealed to the 

Michigan Tax Tribunal by the filing of a petition within 35 days of issuance of this notice. The petition must be a Michigan Tax Tribunal 

form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 

Filing a protest wilh the Board of Review is necessary for property classified Residential to protect your right to further appeal valuation 

and exemption disputes to the Michigan Tax Tribunal and classification appeals to the State Tax Commission. Properties classified 

Commercial Real, Industrial Real, Developmental Real may be appealed to the regular March Board of Review or to the Michigan Tax 

Tribunal by filing a petition by May 31. Commercial Personal, Industrial Personal, or Utility Personal Property may be appealed at the 

regular March Board of Review or to the Michigan Tax Tribunal by filing a petition by May 31, if a personal property statement was filed 

with the local unit prior to the commencement of the Board of Review as provided by MCL211.19, except as otherwise provided by 

MCL211.9m, 211.9n and 211.90. The petition must be a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. 

Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 

HOMEOWNER'S PRINCIPAL RESIDENCE AFFIDAVIT INFORMATION REQUIRED BY P.A. 114 OF 2012 

If you purchased your principal residence after May 

1 last year, to claim the principal residence exemption, if you have not already done 

$0, you are required to file an affidavit by June 

1 for the immediately succeeding summer tax year levy and all subsequent tax levies or by 

November 1 for the immediate succeeding winter tax levy and all subsequent tax levies.

EXHIBIT B - 2026 BOARD OF REVIEW DECISION

** 

Notice of March Board of Review Decision ** 

FROM 

CHARTER TOWNSHIP OF WEST BLOOMFIELD 

(248) 451-4850 

3/17/2026 

BOARD OF REVIEW 

4550 WALNUT LAKE ROAD 

WEST BLOOMFIELD, MI 48323 

NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: 

SCHMIDT, RYAN & NICOLE 

PROPERTY 

1860 ALLENDALE AVE 

IDENTIFICATION: 

WEST BLOOMFIELD MI 48324-1209 

X -18-03-108-017 

SCHOOL DISTRICT: 

WEST BLOOMFIELD SCHOOL DIST. 

PROPERTY ADDRESS: 

1860 ALLENDALE 

THIS PROPERTY IS CLASSIFIEDAS 

401 

(RESIDENTIAL-IMPROVED) 

PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 

HOMESTEAD PERCENT: 

100% 

The Board of Review has examined your 2026 Assessed Value and/or Capped Value and has made the following decision. 

PETITION NUMBER: 64 

DATE: 

03/06/2026 

CHANGE REASON: 

Market Evidence 

FROM 

To 

CHANGE 

1. ASSESSED VALUE: 

378,530 

342,500 

-36,030 

|2. CAPPED VALUE: 

330,331 

330,331 

0 

3. TAXABLE VALUE: 

330,331 

330,331 

0 

4. TENTATIVE EQUALIZATION FACTOR: 

1.000 

5. STATE EQUALIZED VALUE: 

378,530 

| 

342500 

| 

-36.030 

6. There WAS/WAS NOT a transfer of ownership on this property in 2025: 

WAS NOT 

If there was a transfer of ownership on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State 

Equalized Value. 

If there was not a transfer of ownership on your property in 2025, the Capped Value formula is used. The 2026 Capped Value 

formula is the 2025 Taxable Value, minus Losses, increased by the Inflation Rate Multiplier of 1.027 plus Additions. Taxable 

Value is the lower of Assessed Value or Capped Value. Your taxes are levied on the Taxable Value. 

Further appeal of valuation may be made to the Michigan Tax Tribunal by May 31, 2026 

for commercial real, industrial real, 

developmental real, commercial personal, industrial personal, and utility personal property. The final date for further appeal to 

the Michigan Tax Tribunal of valuation for agricultural real, residential real, timber cut-over real, and agricultural personal 

property is July 31, 2026. The petition must be a Michigan Tax Tribunal form or a form approved by the Michigan Tax 

Tribunal. 

Michigan Tax Tribunal forms are available at www.michigan.gov/TaxTrib. 

Property Classification Appeals ONLY can 

be appealed to the State Tax Commission by June 30, 2026 at: State Tax Commission, Classification Appeals, PO Box 30471, 

Lansing MI 48909. 

CHARTER TOWNSHIP OF WEST BLOOMFIELD 

BOARD OF REVIEW

EXHIBIT C - REPORT CARD

— 

Parcel Number: 

X -18-03-108-017 

Jurisdiction: 

Twp. 

of West Bloomfield 

County: 

OAKLAND 

Printed on 

03/04/2026 

Grantor 

Grantee 

Sale 

Sale 

Inst. 

Terms 

of 

Sale 

Liber 

Verified 

Prent. 

Price 

Date 

Type 

& 

Page 

By 

Trans. 

SCHMIDT, 

RYAN 

C. 

SCHMIDT, 

RYAN 

& NICOLE 

1| 

05/13/2024 

|PTA 

21-NOT USED/OTHER 

PROPERTY TRANSFER 

0.0 

RAY, 

DAVELIN 

SCHMIDT, 

RYAN 

C. 

197,000( 

08/05/2014 

|PTA 

03-ARM'S LENGTH 

NOT VERIFIED 

100.0 

LUSSIER CONNIE 

RAY DAVELIN 

A 

215,000 

10/25/2002 

[WD 

03-ARM'S LENGTH 

27893:765 

NOT VERIFIED 

0.0 

Property Address 

Class: 

RESIDENTIAL-IMPRO [Zoning: 

RI 

Building Permit(s) 

Date 

Number 

Status 

1860 ALLENDALE 

School: 

WEST BLOOMFIELD SCHOOL 

DIST. 

P.R.E. 

100% 08/05/2014 

Owner's Name/Address 

TTonly: 

64 

SCHMIDT, 

RYAN 

& NICOLE 

- 

1860 ALLENDALE AVE 

2026 Est TCV 757,058 TCV/TFA: 

359.99 

WEST BLOOMFIELD MI 48324-1209 

X [Improved 

[ 

[vacant 

Land Value Estimates 

for Land Table 299.Land Table 299 

Public 

* 

Factors 

* 

Improvements 

Description 

Frontage 

Depth 

Front 

Depth 

Rate 

$Adj. 

Reason 

Value 

—— 

X 

[birt Road 

2640 ff rate 

62.00 150.00 1.0000 1.0541 

2640 

100 

172,534 

Tax Description 

Gravel Road 

62 Actual 

Front Feet, 

0.21 Total Acres 

Total Est. 

Land Value 

= 

172,534 

T2N, 

RYE, 

SEC 

3 RESUBDIVISION OF LOTS 

135 

paved 

Road 

TO 332 INCL. 

AND352 TO 369 INCL., 

410 

TO 

Storm Sewer 

414INCL., 

488 TO 509 INCL. AND OUT LOT A 

Sidewalk 

Land Improvement Cost Estimates 

OF ZOX LAKESIDE 

PARK SUB LOT 

53 

M 

Description 

Rate 

Size 

® Good 

Cash Value 

Ceamenta/InElusnces 

ater 

Wood Frame 

31.08 

100 

86 

2,673 

Sues 

. 

Unit 

in Place 

Item(s) 

11/25/25 No response 

from H.O. 

Updated 

X 

|Electric 

Description 

Rate 

Size 

§ Good 

cash Value 

sketch with measurements obtained 

in 

X 

|Gas 

Driveway/Asph/Conc. 

0.00 

1 

78 

0 

field. Reviewed plans and verified 

Curb 

Total Estimated Land Improvements True Cash Value 

= 

2,673 

interior details. 

Est. 

all 

work complete 

Street Lights 

and raise 

% complete 

to 100%. 

Close all 

Standard Utilities 

permits. 

kh 

Underground Utils. 

11/4/25 NH IC. for addition 

- ck'd 

"will 

Topography of 

Ri 

Site 

X 

[Level 

Rolling 

Low 

High 

Landscaped 

Swamp 

Wooded 

Pond 

Waterfront 

Ravine 

Wetland 

Flood Plain 

Year 

Land 

Building 

Assessed 

Board 

of| 

Tribunal/ 

Taxable 

X 

|Thru-street 

Value 

Value 

Value 

Review 

Other 

Value 

Who 

When 

What 

2026 

86,270 

292,260 

378,530 

330, 331C 

Tes 

ETRE 

rr 

(oe) 

1995 

TES 

932 04/24/1998 Reappraisa 

[2025 

86,270 

197,250 

283,520 

223,721C 

e 

Equalizer. 

Copyright 

(c 

- 

-|o18 10/24/1986 selectacti 

Licensed To: Township of West Bloomfield, 

/ 

/ 

SelectActi 

2024 

86,270 

115, 670 

201,940 

127,239¢C 

County of Oakland, 

Michigan 

2023 

78,420 

105,570 

183,990 

121,180C 

*** Information herein deemed reliable but not guaranteed*+*

1 Building 

1 of 

1 

Parcel Number: 

X -18-03-108-017 

Printed on 

03/04/2026 

ding Type 

(3) 

Roof 

(cont.) 

(11) 

Heating/Cooling 

(15) 

Built-ins 

(15) 

Fireplaces 

(16) 

Porches/Decks | 

(17) 

Garage 

Single Family 

Eavestrough 

X 

[Gas 

oil 

Elec. 

Appliance Allow. 

Interior 

1 Story 

|Area|Type 

Year Built: 

2025 

Mobile Home 

X|Insulation 

Wood 

Coal 

Steam 

Cook Top 

Interior 

2 Story 

—poiaw 

1st 

Car Capacity: 

2 

Town Home 

O|Front Overhang 

1 

[Dishwasher 

2nd/Same Stack 

189|7 

2 :- 

5 ox) 

Class: 

C 

Duplex 

o|other Overhang 

Forced Air w/o Ducts | ; 

[garbage Disposal 

Two Sided 

reated 

Wood 

\pyterior: siding 

A-Frame 

Forced (5 Beasts 

Bath Heater 

Exterior 

1 Story 

Brick Ven.: 

0 

(4) 

Interior 

Vent 

Fan 

Exterior 

2 Story 

Stone Ven.: 

0 

X [Wood™ 

"Frame 

To 

Electric Baseboard 

Hot Tub 

Prefab 

1 Story 

Common Wall: 

1 Wall 

rywall 

Plaster 

Elec. 

Ceil. 

Radiant 

Unvented Hood 

Prefab 

2 Story 

Foundation: 

42 Inch 

Building Style: 

Paneled 

Wood T&G 

Radiant 

(in-floox) 

1 

[Vented Hood 

Heat Circulator 

Finished 

? 

1 Story 

Trim 

& Decoration 

Electric hy Heat 

Intercom 

Raised Hearth 

Auto. Doors: 

0 

Ir Built 

[Remodeled 

ol 1/Floo SE 

Jacuzzi Tub 

Wood Stove 

Mech. Doors: 

0 

1981 

2025 

[ex Tx [ord 

| 

in 

x 

|rorced Heat cool 

Jacuzzi repl.Tub 

1|Direct-Vented Ga 

Area: 

636 

ee 

Size of Closets 

Heat 

Pum) 

I 

oven 

Class: 

C 

3 Good: 

0 

Condition: 

Good 

1g 

Microwave 

Eff 

Age: 

14 

Storage Area: 

0 

[ta 

x Jord 

| 

[small 

No Heating/Cooling 

Standard Range 

El 

het 

2.103 

No Conc. 

Floor: 

0 

Room List 

Doors 

[se1td[x H.C. 

SE 

pa 

Self Clean Range 

Total Base New 

: 

408,313 

E.C.F. 

[Bsmnt Garage: 

[Basement 

57 

Floors 

Trash Compactor 

Total Depr Cost: 

351,147 

X 

1.657 

H parish 

112) Electric 

a aun 

|Estimated T.c.v: 581,851 

Carport Area: 

2nd Floor 

Kitchen: Hardwood 

200[Amps Service 

Security System 

Roof: 

4|Bedrooms 

Other: 

Carpeted 

Other: Tile 

No./Qual. 

of Fixtures 

[Cost Est. 

for Res. Bldg: 

1 

Single Family 

1 Story 

cls 

¢C 

Blt 1961 

(1) 

Exterior 

[Ex. 

[X Jord. 

| 

[min 

(11) 

Heating System: 

Forced Heat 

& Cool 

Wood/Shingle 

(6) 

Ceilings 

No. 

of Elec. 

Outlets 

Ground Area 

= 

2103 

SF 

Floor Area 

= 2103 

SF. 

Aluminum/Vinyl 

= 

: 

Phy/Ab. Phy/Func/Econ/Comb. 

% Good=86/100/100/100/86 

Brick 

X |Drywall 

Many [X [Ave. 

| [Few 

[Building Areas 

X 

|Vinyl 

(13) 

Plumbing 

Stories 

Exterior 

Foundation 

Size 

Cost New 

Depr. 

Cost 

X 

[Insulation 

Average Fixture(s) 

: os 

Sine 

pd 

he 

- 

tor 

Sidin 

ement 

(2) Windows 

(7) Excavation 

2 

|3 Fixture Bath 

Y 

9 

a 

Todds 

374,752 

270, 685 

Many 

Large 

Basement: 

1009 

S.F. 

2 Fixture Bath 

Other Additions/Adjustments 

X 

|Avg. 

X 

|Avg. 

Crawl: 

0 

S.F. 

Softener, 

Auto 

Basement Living Area 

804 

30,512 

26,240 

Few 

Small 

| Slab: 

1094 

S.F. 

Sortenar, foes 

Basement, Outside Entrance, 

Below Grade 

1 

2,943 

2,531 

ash 

Height 

to Joists: 

8.0 

olar 

Water 

Hea 

Plumbing 

x 

Moral Sash 

ST Basement 

[No Plumbing. 

3 Fixture Bath 

1 

4,833 

4,156 

Vinyl sash 

1 

[Extra Sink 

Corey 

FL 

2 

2 pH 

2 103 

Double Hung 

Conc. Block 

Separate Shower 

Caramic SB) K oor 

eet 

ee 

X 

|Horiz. Slide 

10|Poured Conc. 

2 

|ceramic Tile Floor i 

€) 

du 

cove 

2 

‘ 

1,368 

X 

|Casement 

Stone 

Ceramic Tile Wains | 

cep 

(1 Story) 

Double Glass 

Treated Wood 

2 

[ceramic Tub Alcove | peck 

y 

50 

1,703 

1,465 

Patio Doors 

X|concrete Floor 

Vent Fan 

ec 

B 

Storms 

& Screens 

| 

(9) Basement Finish 

Treated Woo 

389 

6,664 

5,731 

(14) Water/Sewer 

Garages 

(3) 

Roof 

Recreation 

SF 

Public Water 

Class: 

C Exterior: 

Siding Foundation: 

42 

Inch 

(Unfinished) 

X 

[Gable 

Gambrel| 

804 

|Living 

SF 

Public Sewer 

Base Cost 

636 

27, 660 

23,768 

Hip 

Mansard 

1 

[Walkout Doors 

(B) 

Water Well 

Common Wall: 

1 Wall 

1 

-2,794 

-2,403 

Flat 

Shed 

No Floor ke oay| 

[1000 Gal septic 

ri 

alkou 

00rS 

shwasher 

1 

824 

7 

X [Asphalt Shingle 

(10) 

Floor Support 

2000 Gal Septic 

Garbage Disposal 

1 

277 

4 

Joists: 

2X08, 

160.C. 

REERSERE SESH 

Jented Heod 

B 

604 

519 

oven 

1 

1,421 

1,222 

Chimney: 

Metal 

Unsupported Len: 

<<<<< Calculations 

too 

long. 

See Valuation printout for complete pricing. 

>>>>> 

Cntr.Sup: 

Steel Beams 

*** Information herein deemed reliable but not guaranteed***

EXHIBIT D - VALUATION REPORT

Valuation Report 

DB: 

Wbt2026 

X -18-03-108-017 

2026 Est. T.C.V. 

SCHMIDT, 

RYAN 

& NICOLE 

Property Class: 

401 

1860 ALLENDALE 

Map 

#: 

64 

Twp. 

of West Bloomfield 

WEST BLOOMFIELD, 

MI 

48324-1209 

Land Value Estimates 

for Land Table 299.Land Table 299 

* 

Factors 

* 

Description 

Frontage 

Depth 

Front 

Depth 

Rate $Adj. Reason 

Value 

2640 

ff rate 

62.00 150.00 1.0000 1.0541 

2640 

100 

172,534 

62 Actual 

Front Feet, 

0.21 Total Acres 

Total 

Est. 

Land Value 

= 

172,534 

Land Improvement Cost Estimates 

pescription 

’ 

Rate 

Size 

¥ Good 

Cash Value 

Wood Frame 

31.08 

100 

86 

2,673 

Unit 

in Place Item(s) 

Description 

Rate 

Size 

% Good 

Cash Value 

priveway/Asph/Conc. 

0.00 

1 

78 

0 

Total Estimated Land Improvements True Cash Value 

= 

2,673 

Cost Est. 

for Res. 

Bldg: 

1 

Single Family 

1 Story 

Cls 

C 

Blt 1981 

(11) 

Heating System: 

Forced Heat 

& Cool 

Ground Area 

= 2103 SF 

Floor Area 

= 2103 SF. 

Phy/Ab. Phy/Func/Econ/Comb. 

% Good=86/100/100/100/86 

Building Areas 

Stories 

Exterior 

Foundation 

Size 

Cost New 

Depr. 

Cost 

1 Story 

Siding 

Slab 

1,094 

1 Story 

siding 

Basement 

1,009 

Total: 

314,752 

270,685 

Other Additions/Adjustments 

Basement Living Area 

804 

30,512 

26,240 

Basement, Outside Entrance, 

Below Grade 

1 

2,943 

2,531 

Plumbing 

3 Fixture Bath 

1 

4,833 

4,156 

Extra Sink 

1 

988 

850 

Ceramic Tile Floor 

2 

2,538 

2,183 

Ceramic Tub Alcove 

2 

1,591 

1,368 

Porches 

CCP 

(1 Story) 

s0 

1,703 

1,465 

Deck 

Treated Wood 

389 

6,664 

5,731 

Garages 

Class: 

C Exterior: 

Siding Foundation: 

42 Inch 

(Unfinished) 

Base Cost 

636 

27,660 

23,788 

Common Wall: 

1 Wall 

1 

-2,794 

-2,403 

Built-Ins 

Dishwasher 

1 

824 

709 

Garbage Disposal 

1 

2n 

238 

Vented Hood 

1 

604 

519 

Oven 

1 

1,421 

1,222 

Fireplaces 

Direct-Vented Gas 

1 

3,198 

2,750 

Unit~jn-Place Cost 

Items 

002-selfVentingCookT 

1 

1,661 

1,428 

015-RefrigFreezerDel 

7,735 

6,652 

030-WetBar 

1 

1,203 

1,035 

-

26 

- 

Valuation Report 

04:46 

PM 

DB: 

Wbr2026 

Parcel Number: 

X -18-03-108-017 

Page: 

2 

Totals: 

408,313 

351,147 

Notes: 

ECF 

(ECF Table 256 

os) => TCV: 

son, 05 

27 

2026 Est. T.C.v. 

x -18-03-108-017 

LJ] 

757,058 

Est. TCV/Total Floor Area 

= 

= 359.99, 

Most recent sale 08/05/2014 

for 197,000 

2025 Assessed 

MBOR 

S.E.V. 

Base for Cap 

IRM 

283,520 

283,520 

283, 520 

223,721 

2.70 

2026 

New 

Eq. Adjustment 

Loss 

Additions 

Tax Adjustment 

Losses 

100, 570 

-5,560 

0 

100,570 

6,040 

0 

2026 Assessed 

MBOR 

S.E.V. 

Capped 

->Taxable<- 

PRE/MBT 

378,530 

378,530 

378,530 

330,331 

330,331 

330,331

EXHIBIT E - APPRAISAL BY RAY O’NEIL OF O’NEIL APPRAISAL, LLC

LOCATED AT 

1860 Allendale Ave 

West Bloomfield, MI 48324 

See Attached Addendum 

FOR 

Ryan Schmidt & Nicole Schmidt 

1860 Allendale Ave 

West Bloomfield, MI 48324 

OPINION OF VALUE 

$585,000 

AS OF 

12/31/2025 

BY 

Ray O'Neil, GAA, RAA 

O'Neil Appraisal, LLC 

State Certified General Appraiser 

248-674-3333 

RayONeil@ONeilAppraisal. 

com 

Form GA2V - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

O'Neil Appraisal, LLC 

6739 Wellesley Terrace 

Clarkston, MI 48346 

248-674-3333 

06/11/2026 

Ryan Schmidt & Nicole Schmidt 

Ryan Schmidt & Nicole Schmidt 

1860 Allendale Ave 

West Bloomfield, MI 48324 

Re: Property: 

1860 Allendale Ave 

West Bloomfield, MI 48324 

Borrower: 

Ryan Schmidt & Nicole Schmidt 

File No.: 

20269129 

Opinion of Value: § 

$585,000 

Effective Date: 

12/31/2025 

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. 

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 or any of my staff if we can be of additional 

service to you. 

Sincerely, 

Ray O'Neil, GAA, RAA 

State Certified General Appraiser 

State: MI 

Expires: 07/31/2026 

RayONeil@ONeilAppraisal.com

Borrower 

Ryan Schmidt & Nicole Schmidt 

} 

feo. 

20269129 

Property Address 

1860 Allendale Ave 

Co 

Co 

CJ 

West Bloomfield 

Coy 

Oakland 

Sae 

mi 

ZoCode 

 48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

TABLE OF CONTENTS 

Cover Page ............... 

Letter of Transmittal , 

1004 GPAR 

cocci 

Land Sales - Page 1 

Land Sales - Page 2 

Addendum Page 

. 

Photograph Addendum 1 

Photograph Addendum 

MC Addendum .. 

USPAP Compliance 

.. 

Building Sketch 

Flood Map 

.. 

Plat Map Page 

Overhead Photo Page 

Location Map ..... 

Subject Photo Page 

.. 

Exterior Photo Page 1 

Subject Photos Interior 

.. 

Subject Photos Interior .. 

Subject Photos Interior .. 

Subject Photos Interior 

.. 

Subject Photos Interior 

., 

Subject Photos Interior 

Subject Photos Interior 

. 

Comp Photos 1-3 

Comp Photos 4-6 

Listing History Page 

. 

License Page ... 

Board of Revie: 

Form TOCNP - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

O'Neil Appraisal, LLC 

1004 GPAR 

Floto: _ 20269129 

[FopenyAdewss 

1860 Allendale Ave 

OW: West Bloomfield 

Sue: pg) 

Zoosk 48324 

[Come 

Oakland 

. 

Legd Descriptor: 

Gee Attached Addendum 

Assassor's Parcel #: 

18-03-108-017 

Tae 

2024 

RE Taus'§ $4,787.39 

Specia Assessments § 

Borrower (1 plicable): 

Ryan Schmidt & Nicole Schmidt 

Curent Owner of ecard: 

Ryan Schmidt & Nicole Schmidt 

Bb 

Occupant 

3¢ Over 

Tenant 

Vacant 

Manachred Housing 

Project Type: 

PUD 

Condominium 

Cooperative 

Other (describe) 

HOA'S 

¢ 

per year 

per month 

J 

Miata Name: 

ZOX LAKESIDE PARK 

Map Reference. 47664 

Census Tt 

1546.00 

H The purpose of B4s appraisal is 10 develop an opinion of. 

DC Market Vai (as deine), or 

"oer type of value (Gescrioe) 

This report refiects the following value (f not Cument, see comments): 

Current (the Inspection Date is the Effective Date) 

x Retrospective 

Prospective 

Approaches developed for this appraisal: 

xX ‘Sales Comparison Approach 

xX Cost Approach 

Income Agproach 

(See Reconcikasion Comments 

and Scope of Work) 

Property Rights Appraised 

X Fea simple 

Leasehold 

Leased Fee 

Othe (describe) 

2 |nended Use. 

The intended Use is 

to evaluate the property that is the subject of this appraisal for tax purposes, subject to the stated Scope of 

| Work, purpose of the appraisal, and Definition of Market Value. 

| tended Usasts) (by name 

o type): 

The intended user is the client listed above as well as those interested parties involved for tax purposes. 

| 

[Clem 

Ryan Schmidt & Nicole Schmidt 

Mires: 

1860 Allendale Ave, West Bloomfield, MI 48324 

Mais 

Ray O'Neil, 

GAA, RAA 

Address: 

6739 Wellesley Terrace, Clarkston, MI 48346 

Tocaton: 

[T) 

Sut 

Furl 

Predominant 

One-UnitHousing 

Present Land Use 

Change 

in Land Use. 

Bui up: 

Over 75% 

[] 2575% 

{7 Under 25% 

Occupancy 

PRICE 

AGE 

| One-Unit 

94% 

[54 Not Likely 

Growth rale: 

7] Rapid 

I Stable 

77 Slow 

Owner 

$(000) 

rs) 

[2-4 unit 

2% 

|] Likely * 

[] InPracess * 

roperty values: 

|] Inoreasing 

XX Stable 

Desling 

J Tenant 

300 

lw 

go 

[Mom 

2% 

To: 

£{ Demand/supply. 

3 Shortage 

T)mBaance 

TT OverSupply 

[5 Vacant (05%) 

800 

Huh 

pp 

[Commi 

2% 

Marketing ime: 

3¢ Under 3 Mos 

36 Mos. 

Over 6 Mos. 

Vacant (>5%) 

600 

Ped 

45 

% 

| Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends): 

The subject is bounded to the north by 

| Cass Elizabeth Rd, to the east by Cass Lake Rd, to the south by Commerce Rd and to the west by Hiller Rd. See attached addendum for 

Market Conditions comments. 

Omeasens: 

 40x155x62x146 

mie 

7,676 st 

| oniog Cssiaton: 

R-10 

Osciglon. 

One Family Residential 

Toning Compliance: 

X Legd 

Legal nonconforming (grandfalered) 

Tega 

No zoning 

A CC&Rs appicable? 

Yes 

| | No 

C Unoown 

Wart De documents been reviewed? 

Yes 

DQ No 

Ground Fen (1 appa) 

5 

7 

Fighest 

& Best Use as Improved: 

I Presentuse, or 

Other se (expla) 

Actual Use as of Effective Date: 

Single Family Residential 

Use as appraised in tis report 

Single Family Residential 

Summary of Highest 

& Best Use: 

The subject is in a non-transitional area supporting the current residential use zoning for the highest and best 

Public 

Other 

Provider/Descrption 

Off-site Improvements 

Type 

Public 

Private | Topography 

Basically Level 

xX 

OJ 

Steet 

Asphalt 

X 

[0 

|se 

Typical for area 

xX 

0 

Cub/Guter 

None 

1 

| Shape 

Near Rectangular 

N 

xX 

OJ 

— 

— 

Sidewalk 

None 

— 

[1 

[| 

Drainage 

Appears Adequate 

X 

OJ 

Steet lights 

~~ None 

CL 

Vew 

Residential; Water 

SemSewr 

[0 

[1 

None 

ly 

None 

[| 

Otter sie elements 

Inside Lot 

Comer Lot 

Ol de Sac 

Underground Utes 

Other (desoroe) 

FEMA Spec Flood Hazard Area 

[Yes 

C No 

FEWARoodZone 

x 

FMANGD # 

 26125C0482F 

FMAM Dae 

09/29/2006 

Site Comments: 

The site is typical in terms of size and appeal. There are no readily apparent easements, encroachments or conditions. 

General Deseripion 

Exterior Doscripbon 

Foundaton 

Basement 

Too: 

| eating 

+# of Units 

1 

[7] Ascunt 

|Faundaton 

Concrete Bk/Avg| Sa 

0% 

AeaSe.ft 

4,007 

Type 

GFA 

#olstoies 

4 

Exterior Wals 

Brick/Vinyl/Avg 

|e Spec: 

09% 

|urnisres 

go 

Fuel 

Gas 

Type 

[Del 

[AL 

Roof Surface 

Shingle/Avg 

Basement 

100% 

Celing 

Tile 

Design (SW) 

Ranch 

Guters 

& Dunspls. 

 Yes/Avg 

Sump Pump 

3 

als 

Drywall 

Cooling 

IX) Existing 

[7] Proposed 

|] Und Cons. | Window Type 

Vinyl/Avg 

Dampness 

{1 None noted | Foo 

Carpet 

Card 

Yes/Avg 

Actua Age (11s) 

44 

SlomyScreens 

Yes/Avg 

 |Sefemel 

 Nonenoted 

|OMSUeEny 

Walkout 

Otter 

| 

fective Age (rs) 

20 

nfestaion 

None noted 

[5 {Interior Description 

Appliances 

ic 

| 

ane | Amenities 

Tar Storage 

T] Wore 

| Fors 

LVT/Avg 

Refigeralor 

3 Stirs 

|Freptacelsy 

#4 

Woodstove(s) # 

Guage 

#olcws 

( 

4 

Tot) 

Walls 

Drywall/Avg 

Range/Oven 

X|Ompsta 

[||P 

None 

Attach 

2 

| Timi 

Wood/Avg 

Disposal 

[saute 

320k 

Wood 

each 

Bah Roor 

Dishwasher 

[5] Doorway 

Poth 

Cement 

Btn 

0 

[ean Wanscol 

 Geramic/Avg 

FanvHood 

| Foor 

Fee 

None 

Gamport 

0 

Wood/Avg 

Microwave 

| Heated 

Pol 

None 

Uivewsy 

WasterDyer 

| Fsnd 

[| 

Sulice 

Concrete 

7 

Rooms 

4 

Bedrooms 

2.0 

Ba) 

2,084 Sau 

Fest of Grass Ling Area Above Grade 

|G 

Acciona featres: 

The subject has had a recent 1094sf addition on a slab adding a family room, 3 brs, bath and 636sf garage. The kitchen is 

|| dated with the exception 

of the flooring. The exterior brick 

& siding is newer the deck and seawall are older. 

— 

=| 

Describe the condiion of the propery (nchuding physical, functional and external obsolescence): 

The subject property was observed in generally average 

condition for its age. No serious physical or functional inadequacies were noted. No adverse external influences are known. The overall 

effective age is 20 years based on the new addition and the existing structure with a dated kitchen, bath, decking, seawall and lower level. 

EE ee 

Pe 

eT 

[BRESIDENTIAL 

Form GPRES2 

- "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 

ha

1004 GPAR 

FileNo.: 

20269129 

| My research 

Data Source(s): 

[1 did 

aid not reveal any prior sales or Transfers of te SUDJect property or te tree years prior 

to the effective date of Tis appraisal 

Realcomp (RC), Realist (CoreLogic), PRD and BS&A services were searched relative to the subject's location. 

1st Prior Subject Sale/Transfer 

05/13/2024 

0 

RC/Qakland County 

2nd Prior Subject Sale/Transfer 

‘Analysis of salefvansfer history and/or any current agreement of sdefisting: 

The subject transferred as noted in the 

grid via Quit Claim Deed to a related party. No sales were indicated on comparables in the past 3 years. 

Sowee(s: 

 RC/Oakland Count 

SALES COMPARISON APPROACH T0 VALUE (7 developed) 

The Sales Comparison ApPIGach Was no Geveloped 107 07s appraisal 

FEATURE 

T 

SUBJECT 

COMPARABLE SALE # 1 

COMPARABLE SALE # 2 

COMPARABLE SALE # 3 

Address 

1860 Allendale Ave 

2061 Rosedale Dr 

2300 Pine Lake Rd 

2182 Park Cir 

West Bloomfield, 

MI 48324 

(West Bloomfield, MI 48324 

West Bloomfield, MI 48324 

Keego Harbor, MI 48320 

Proximity to Subject 

{0.25 miles S 

2.77 miles SE 

1.63 miles E 

[sae Price 

5 

_ 

Ts 

535000 

~ 

Is 

e00.000f 

"1s 

600,000 

Sale Price/GLA 

5 

tS 

244 2g fait] 

| 

273.97 Mitt 

i 

S 

233.64 Mft} 

— 

Data Source(s) 

Inspection 

RC #20261014045,.D0M 43 

RC #20251019758,DOM 90 

RC #20251025283;D0M 60 

Verification Source(s) 

PRD/Oakland Coun|PRD/Oakland County Records 

 |PRD/Oakland County Records 

|PRD/Oakiand County Records 

| 

VALUE ADJUSTMENTS 

DESCRIPTION 

DESCRIPTION 

+() § Adust 

DESCRIPTION 

+) 8 Adust 

DESCRIPTION 

+() $ Adust 

| 

| Sales or Financing 

ArmLth 

OfArmLth 

0|ArmLth 

0 

| Concessions 

Convio 

0|Conv;0 

0|Conv;0 

0) 

Date of Slime 

505/26,05/26 

0|s11/26:¢11/25 

0|510/25,¢10/25 

0 

Rahs Jpprlnd 

Fee Simple 

Fee Simple 

Fee Simple 

Fee Simple 

Location 

Residential;Canal 

|Residential;Canal 

Residential;Canal 

___|Residential:Canal 

Sir 

7676 sf 

4356 sf 

1 

0/23522 sf 

| 

0]4922 sf 

| 

0) 

View 

Residential; Water 

|Residential;Water 

| 

Residential; Water 

Residential; Water 

| 

Design (Style) 

Ranch 

Colonial 

| 

+16,100|Ranch 

0|Colonial 

0 

Qually of Construction 

Brick/Wood 

Brick/Viny! 

o|Brick 

0|Brick/Vinyl 

0) 

Age 

44 

74 

0{73 

_0|72 

— 

0) 

Condition 

Average 

Average 

Average 

Average 

| 

Above Grade 

Toal 

| Boms | 

Bans 

| To 

| Bams | 

Bas 

-10,000| 

Toul 

| Boms 

Bas 

-10,000| 

Toa 

| Boms 

mas 

-20,000) 

Room Count 

7 

4 

20 

|6! 

3 

30 

of7 

3 

30 

08 

3 

40 

0 

Gross Living Area 

2,084 ft 

2,190 sft 

5800] 

2,190 sift 

-5,800] 

2,568 sft. 

26,600] 

Basement & Finished 

1007sf900sfwo 

0sf 

+25,000| 1575sf1500sfwo 

0|0sf 

+15,000 

Rooms Below Grade 

1rr0br1.0bato 

+15,000{ 1rrObr0.0bato. 

[1 

+15,000) 

Functional Utiity 

Average 

Average 

Average 

Average 

[lezen 

GFA/CA 

GFA/CA 

GFA/CA 

GFA/CA 

Energy Efficient Toms 

None 

| 

No 

None Known 

| Garage/Carpon 

1gatdw 

i 

+10,000]2g: 

Cfeaw 

| 

+20,000 

orcty/Palo/Deck 

Prch/Pat/Deck 

Prch/Pat/Deck 

Prch/Pat/Deck 

ot Adjustment (Tota) 

vrs 

H 

50,300) 

1+ 

15,800 

’s 

3.400 

dusted Sale Price 

pl 

TAI 

3 

[ 

Het 

3 

x 

f Comparables 

ALLA 

$ 

585,300] 

Gross 

584,200 

8 

603.400 

ummary of Sales Comparison Approach 

Comparables 4 had Seller concessions requiring an adjustment for the concession amount. 

Comparables 2 & 3 exceed the 1 mile recommended guideline, due to a lack of available similar comparables with similar amenities, square 

| footage, and water frontage in the immediate area of the subject within the required timeframe. 

| Comparable 2 is in the same municipality but similar school system, no adjustment was warranted. 

| Comparables 5 has a superior condition rating due to its their updates and/or age, warranting a downward adjustment. 

| All comparables square footage varies from the subject, requiring an adjustment. 

Comparables 1, 3, 4 & 5 basement level varies requiring an adjustment. 

_ 

| All basements square footages are taken from MLS data if available and could not be confirmed at the municipality 

during the normal course 

"Basement square footage and level of finish" comments in the addendum above. 

Comparables 1 & 3 garage space varies requiring an adjustment. 

The market value is well bracketed by the comparables before and after the adjustments for homes with similar amenities, square footage, 

effective age and water frontage of the subject. 

+ URAR: Sales Comparison Analysis - Summary of Sales Comparison Approach 

The selected comparables are considered by the appraiser to be the best and most reliable indicators of the market conditions for the subject 

property. See addendum for adjustment comments. 

of business. When not available, the comparable's basement square footage and level of finished square footage 

is estimated. 

See 

The most weight was placed on comparables 2 based on their similar amenities and the least amount of adjustments. 

| Indicated Value by Sales Comparison Approach § 

585,000 

BRESIDENTIAL 

"CoO 

007 Bf 4 8 S005. FC TH Tor May D6 REFa0icnd WTGORE WIPOH MED PRRSEON RowPre, 31 MOOR. Fi. Ws DY SIORIISd 300 CONT. 

Form GPRES2 - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE 

32007

ADDITIONAL COMPARABLE SALES 

Pete: 

20269129 

[ 

FEATURE 

i 

SUBJECT 

COMPARABLE SALE # 

4 

COMPARABLE 

SALE #5 

COMPARABLE SALE # 

Address 

1860 Allendale Ave 

1932 Allendale Ave 

1676 Oldtown Ave 

West Bloomfield, MI 48324 

West Bloomfield, MI 48324. 

West Bloomfield, Mi 48324 

if Proxim 

to Subject 

[58 

0.08 miles S 

0.12 miles NE 

a 

| 53 

ice 

5 

= 

525,000 

ae 

615,000] 

Ean 

5d Prceih 

5 

mifs 

36739 fat 

5 

34053 fit] 

ory 

fat [El] 

| Data Sourcals) 

Inspection 

RC #20250013941:D0M 22 

RC #20240048875:D0M 6 

| Verficaton Source(s) 

PRD/Oakland Coun|PRD/Oakland County Records 

|PRD/Oakland County Records 

VALUE ADJUSTMENTS 

DESCRIPTION 

DESCRIPTION 

+) § Adjust 

DESCRIPTION 

+() § Adust 

DESCRIPTION 

+) $ Adjust 

Sales or Financing 

ArmLth 

OfArmLth 

0 

Concessions 

Conv;8000 

-8,000|Conv;0 

0) 

Date of Sime 

. 

504/25,04/25 

0|s08/24;c08/24 

0| 

Rights Appraised 

Fee Simple 

Fee Simple 

| 

Fee Simple 

! 

Locaton 

Residential,Canal 

|Residential,Canal 

Residential;Canal 

| 

Sto 

12197 sf 

1 

[6970 sf 

1 

0) 

Vew 

Residential;Water 

_|Residenti 

Design (Style) 

Ranch. 

Bungalow 

0f 

| Quaity 

of Construction 

Brick/Wood 

Brick/Vinyl 

0|Brick/Wood 

Age 

44 

45 

0|38 

0 

| Conditen 

Average 

Average 

Superior 

_ 

61,500] 

Above Grade 

Tod | Boms | 

gars 

| Tod | Bums 

| 

sans 

BN 

Tod péms | 

ats 

Toa 

| Bams | 

Babs 

Room Count 

7 

4 

20 

3) 

3 

20 

ol 

7 

3 

20 

0j 

: 

Gross Living Area 

2,084 sift 

1429 Wt 

+36,000) 

1,806 “Wt. 

+15300] 

sar] 

Basement & Finished 

1007sf900sfwo 

0sf 

+25,000| 0sf 

+25,000f 

Rooms Below Grade 

1rrQbr1.0balo 

Co 

+15,000( 

+15,000] 

a 

Functional Uy 

Average 

Average 

Average 

Heating/Cooling 

GFAICA 

GFA/CA 

GFA/CA 

Energy Efficient tems 

None Known 

None Known 

None Known 

GaragaCapot 

2ga2dw 

2ga2dw 

2ga2dw 

PorchPatoeck 

Prch/Pat/Deck 

|Prch/Pat/Deck. 

Prch/Pat/Deck. 

— 

RETRY 

-6,200] 

of Comparabes 

. 

608.800] 

BRESIDENTIAL 

Cop 

S00 by 41 Fk, I. TP oh 

BF rO0io0d O30 

ERGSt wR SSP TOR NSAP, 4 O06 BUA 

0 ated 

Form GPRES2.(AC) - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 

32007

1004 GPAR 

FloNo: 

20269129 

COST APPROACH T0 VALUE (7 developed) 

The Cost Approach was nol GEvioped fo VES appraisal. 

| Provide adequate iormasen for regicaon of 1 fofawing Cost TQures and calcuatons 

Support for the opinion of sie value amma of comparable land sales or over methods fo estimating sie vale): 

The site value information is obtained from 

ESTIMATED 

REPRODUCTION OR 

"XC REPLACEMENT COST NEW 

[GPINION OF SITE VALUE 

=5 

175,000 

Soros ofcostdala: 

Marshall Swift, Local builders. 

DWELLING 

2,084 Sat @$ 

195.00... 

=8 

406,380 

Quali rating fom cost sence: 

Avg 

Effective date of cost daa: 

Current 

Basement 

1,007 WR @$ 

7500 

<5 

75,525 

Camments 

on Cost Approach (gross ving area caicdasins, depreciation, etc ): 

oo 

h 

R@s 

) 

= 

oo 

he replacement cost is based on local builder prices for similar h 

Snes 

=5 

in the area, the Marshall Swift Cost Handbook. The land value is 

ba: 

QR es 

5 

=5 

Gangecaon 

635 WR @S 

4500 

= 

28,575 

Total Estimate of Cost-New 

=5 

510,480 

Less 

Physical 

Functional 

External 

_ 

[Depreciation 

145,844. 

| 

=5 

145844) 

Depreciaed Cost of Improvements 

=5 

“Asis” Vale of Site Improvements 

= 

50,000 

=5 

) 

= 

Estimated Remaining Economic Lie f required): 

50 

Years [INDICATED VALUE 8Y COST APPROACH 

= 

589.636 

TWCOME APPROACH T0 VALUE (i developed) 

"The 

coe ApgroBch wes Fl GEVEGped Tot Ts apprassL. 

Estimated Monthly Market Rent § 

X Gross Rent Multiplier 

=$ 

Indicated Value by Income Approach 

H 

Summary of Income Approach (including support 

for market rent and GAM): 

Dwellings of this type are not typically held for rental purposes, creating a lack 

of information for the income approach. 

oo 

"PROJECT INFORMATION FOR PUD (1 applicable) 

The SUbRctE pat of Praned Unt Development. 

gd Name ol Post 

Describe common elements and recreational facies: 

[dicated Value 

by: Safes Comparison Approach 

§ 

585.000 

Cost Approach (i developed) § 

589.636 

Income Approach 

(1 developed) 5 

Fra foconcia®o 

Dwellings of this type are not typically held for rental purposes, creating a lack of information for the income approach. 

BIT 

amass 

© mak 

3 

mK, 

|| shed 

To 

compen 

pu 

pa 

ad 

spans 

on 

Be 

bs 

of 

3 

Fypobelod 

Candion 

al 

Be 

provements 

have 

been 

completed, 

3; sublect 

10 

the 

folowing 

repairs 

of 

alerdons 

on 

the 

bass 

of 

a 

Hypotheical 

Condon 

that 

the 

repais 

or 

alealons 

have 

been 

completed, [| subject 

10 

te 

flowing 

requied 

mspecton 

based 

on 

the 

Brvaodnay 

 Asumplion 

Bal 

te 

condon 

of 

decency 

does 

nol 

requie 

dalon 

of 

rei 

The signature below is 

a password protected digital signature. 

The report has an effective date of 12/31/2025 for property tax appeal purposes with an inspection 

date of 05/28/20026. 

_ 

| 

Tis 

rept 

Is 

dso 

subfect 

lo 

other 

Hypotieical 

Condilons 

andjor 

Extraordinary 

Assunplons 

as 

specied 

in 

the 

atached 

addenda 

Based 

on 

the 

degree 

of 

incpection 

of 

the 

subject 

property, 

as 

indicated 

below, 

defined 

Scope 

of 

Work, 

Stalemeni 

of 

Assumptions 

and 

Limiting 

Condilions, 

and 

Appraisers 

Certficalions, 

my 

(ow) 

Opinion 

of 

the 

Market 

Value 

(or 

other 

specified 

value 

type), 

as 

defined 

herein, 

of 

the 

real 

propery 

that 

is 

the 

subject 

of 

this 

report 

is: 

$ 

$585,000 

Jasof: 

12/31/2025 

, 

which 

is 

the 

eflective 

date 

of 

this 

appraisal. 

I 

indicaled 

above, 

this 

Opinion 

of 

Value 

is 

subjest 

to 

Hypothetical 

Conditions 

and/or 

Exiraordinary 

Assumptions 

included 

in 

this 

report 

See 

attached 

addenda. 

A We 

ad compe Copy 

Of BS 

epOn COMMS 

3g pajes, WCUGN] GOWNS WhGh 

a 

ConMOeed 

an Wed 

pil Of 

Ue fon 

NG mpasd fepon 

may nol Be 

properly 

undersiood 

without 

reference 

to 

the 

information 

contained 

in 

he 

complele 

report. 

| Atached Extibis: 

xX Scope of Work 

X Limiting Cond./Certifications 

1 Narrative Addendum 

X Photograph Addenda 

X Sketch Addendum 

X Map Addenda 

X Additional Sales 

X Cost Addendum 

X Flood Addendum 

| Manut, House Addendum 

X Hypothetical Conditions 

X Extraordinary Assumplions 

| 

[= 

Ryan Schmidt & Nicole Schmidt 

__ 

Ryan Schmidt & Nicole Schmidt 

nicole. makohom@gmail.com 

Mires. 

1860 Allendale Ave, West Bloomfield, MI 48324 

APPRAISER 

SUPERVISORY APPRAISER 

(if required) 

or CO-APPRAISER (if applicable) 

Supervisory or 

Appraise Name 

ON 

A 

Co-Appriser Name: 

Company: 

O'Neil Appraisal, LLC 

Company: 

Phone 

248.674-3333 

Fax 

Phone: 

Fax 

EM 

RayONeil@ONeilAppraisal.com 

= 

[EM 

i te of Report (Signatur): 

06/11/2026 

Date of Report (Signa): 

License or Gerficaton #: 

1205002719 

sae 

| 

License or Cerfication #: 

Slat: 

Designation. 

Sat 

ified General Appraiser 

Designation: 

Expiration Date of License or Gerticaton: 

07/31/2026 

Expiration Dale of License or Certification: 

Inspection of Subject 

3 Imei & Exterior 

[Exterior Only 

7 one 

{inspection of Subject: 

(7 

Interior 

& Exterior 

7 terior Only 

7] Nore 

Dale of Inspection 

05/28/2026 

Date of inspection: 

Toppa 

RT by 31 moda, Th or 

oe 

15 FOR, FE Si 3 

=) 

RES | DENTIAL 

Form GPRES? - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 

anor

Land Sales - Page 

1 

VAC Daron Lane, West Bloomfield Twp 48324 

Price: 

$60,000 

$/Acre: 

 $84507.04 

MLSs: 

20251028700 

Status: 

SOLD 

DOM: 

N/93/93 

County: 

Oakland 

Stat Dt: 

2/19/20 

Summer Tx: $542 

Scheol Cust: Week Sogesteld 

MLS Area: 02181 

Yoon 

Tc: 

4264 

perty 

ID: 

: 

No 

Acreage: 

Roa 

= 

gat 

Price/Acre: 

$119,718 

Sewer: 

Sewer st Street 

Writ Feet:153.00 

Fro Feet: 

137 

Water Src: 

Other 

LotDim: 

147X212 

Zoning: 

Residential 

Offica: 

Max Broock Realtors 

Agant: 

PIERRE SAMONA 

Office Ph: 

(248) 8514100 

Agent Ph: 

(248) 851-4100 

Some of ot ls considered wetiand per West Ricomfield Twp. Seller has not performed s 

Bryer t perform all due dilgance it thelr own expense. Pioase call or taxt Jim Manna 

t 248-763- 

2622 with any Questions. Licensed Michigan Real estate agent Is required to ba physically present 

NC 

ctiawingss Noss ot chiomta are to use guidelines provided by the CDC, State of Michigan, 

nd 

for 

- Buyer's Agert to very all 

Infor 

ee 

for 

V/L Cooley Lake Road, White Lake Twp 48386 

20261011584 

Status: 

SOLD 

Oukiand 

StDt: 

06/08/26 

: Walled Lake 

MLS Area: 

02121 

: 1235454020 

Shit sale: 

No 

Paved 

¥rigation: 

Septic-Needod 

WrFrt Feet:130.00 

‘Wall-Neaded 

Lot Dim: 

 Irregulsr 

Residential 

CQuivert/Drive, Possible Walkout, Water View 

Houses & Homes Realty 

Agent: 

CHARLES STONER 

(248) 683-1311 

Agent Ph: 

(248) 361-6690 

The docs disciosures have the zoning for review and a lot layout. 

Recent: 

06/08/2025 : Sold : PEND->SOLD. 

0000 Cheyenne, Waterford Twp 48327 

20261010964 

liams Premier 

Agent: 

MARCY SOUFRINE 

ig) 

(248) 394-0400 

Agent Ph: 

(248) 678-8016 

Ee 

gg 

Casa Filzabeth Lakn Rd and Cooley 

Lake Rd 

0000 Allendale, West Bloomfield Twp 48324 

Status: 

SOLD 

Swat Ot: 

06/12/23 

MLS Area: 02181 

Shrt Sale: 

No 

WUFrt Feet:78.00 

Lot Dim: 

G3x155xBOX15S 

Groer and Hiller 

Agent: 

NANCY J RADEMACHER 

[5g 

OficaPh: 

(310) 224-7900 

Agent ph: 

(810) 599-5380 

Agents - please note the seller Is also offering land contract terms with on 

ats Joan: 

May be open to negotiating on some of the terms. Buyer would be responsible for taxes. Please 

echodule your appointments to walk the property thraugh Showingtims. Arehrvecsire gh 

plans 

for pi 

with an 

offer. Survey 

Please sand Inquiries 

nd Offers £ co-let spent, Amy Knight 810-508-0564 

2032 ALLENDALE Avenue, West Bloomfield Twp 

Price: 

£205,000 

232142.85 

N/18/18 

eet: 150. 

150 

lot om 

136.00 

x 

82.50 

Tha Agency Hall & Hunter 

Agent: 

FRANK FLYNN ig 

Office Ph: 

(248) 644-3500 

Agent Ph: 

(240) 835-4150 

This sale ls subject to court approval. No access to the home. Value ls In the land. 

S. of Greer Rd., E. of Hiller Rd. 

Form SCNLGL - "TOTAL" appraisal software by a fa mode, inc. - 1-800-ALAMODE

Ray O'Neil 

O'Neil Apprarsal LL 

Land Sales - Page 2 

rayonel@onelaporalsal 

com 

Ph: (248) 674-3233 

Usingsssof 

0511/2026 

gt 

646 PM 

Property 

Type: Vacant Land 

CMA 1 Line (Landscape) 

Seats bs Sold 01/01/2025+ Listing Type 1s one of ‘Exclusive Right To Lases', Exclusive Right io Sai’, Exciusha Agency’ Unknown (Dain Share Listrg) Level of Service is cme of Ful Servis. Limited 

‘Sera, Entry Only (MLS Entry Only, UsknownvDiota Shere Listings’ County Or Parish I DAK - Oidand Cousty’ School District is ane of Portac, Walled Lake, Walrond, Veet Bloomild Waser 

Faclites is Cano! Front 

| I 

Sold Progergies 

sting 

Address. 

Lot Dien 

Acres 

Data 

SWAce 

 CDOM 

 OrgPrics 

ListPrice 

Sold Price SPXOLP 

2026102670C 

VAC Daron Lane. 

West Bloomfield Twp 

ranx12 

O71 0z1W25 

8450704 

93 

$9800 

385000 

$6000 

60.67 

20261011584 VL Cooley 

Lake Road 

White Lake Twp 

imager 

040 042926 

520000000 

111 

$80.000 

589300 

380000 

8A 

20261010964 0000 Cheyenne 

Watarford Twp 

90:70 

014 0SH126 

 S76607143 

= 

$125000 

 $126000 

 $107250 

8680 

2023002891 

0000 

West 

Twp 

026 ONOZZ3 

 WENS846 

97 

$125000 

 $126000 

3120000 

96.00 

20230032314 

2032 ALLENDALE Avera 

West Bloomfield 

Twp 

1000x8250 

028 O83 

STR2,14286 

18 

S25000 

 $225000 

$205000 

91.11 

Sold Toisle. 

Usting Count: 

5 

Average: 

036 

$44085195 

 T4 

S127 

$129.980 

$114.40 

84S 

Uist Price 

: 

High 

$225000 

Low 

$85000 

Median 

$125000 

Mode 

$125,000 

Sok Price: 

High 

$2500 

Low 

$80,000 

Mwdian 

$107.20 

Mode 

$50,000 

Shera: 

Woh 

S76807143 

Low 

 SGAG07.04 

Medien 

 S6163848 

Mode 

$04,507.04 

5 

Shere: $488619 

 CDOM: 

T4 

op: $132,760 

Lp: $120,960 

8B: $114,450 

Acre: $461,538.46 

coom: 

93 

oP: $125,000 

LP: $125,000 

ap: $107.250 

Prosantod 

By: Ray O'Nel 

Featured properties may not be listed by the offce/agent prosarting the brochure. 

All information herein has not been varied and is not guaranteed. 

Copyripitt © 2026 Realcomp. All rights reserved. 

Form SCNLGL - "TOTAL" appraisal software by a la mode, Inc. - 1-800-ALAMODE

Addendum Page 

Fito 20269129 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Prpetyhdduss 

1860 Allendale Ave 

city 

West Bloomfield 

Cty 

Oakland 

sale 

MI 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Prior Service Information: 

The appraiser has not provided a previous service regarding the subject property within three years prior to this assignment 

Statements on Hazardous Substance on Site: 

The appraiser is not qualified to identify the presence of hazardous substances which may affect the subject property. 

Hazardous substances may be defined as: all hazardous or toxic wastes, pollutants or contaminates, either used in construction 

or stored on the subject property or adjoining properties. The substances are described as, but not limited to, Radon Gas, UFFI, 

Asbestos, PCB, Subsoil composition, proximity of illegal dumps, etc. The appraiser has not been provided with certification from 

the owner, client, or other authorities, that no hazardous substances are present which would adversely affect the property. 

Unless otherwise noted in the report, the valuation of the subject property assumes that it is free of all hazardous substances, 

Comments on Sales Comparison Approach: 

The appraiser enters a zero (0) in the grid of the Sales Comparison Approach to indicate to the reader that the particular item, 

which varies from the subject property, has been recognized and that no adjustment is deemed applicable. The differential is 

considered to be of no value, or may be of an offsetting value with another item, or no adjustment was applicable for reasons 

otherwise noted. 

The subject property was inspected and photographed on the date indicated. Comparables were inspected from the road and 

photographs were used from the appraiser files or multiple listing service. 

The sales comparison approach extracts data from closed sales of similar hames in the subject's marketing area and reflects 

Buyer/Seller reactions. The subject's compatibility to the neighborhood is average based on the fact that most of the homes in 

this area vary in style, age and design. The sales dates shown in the grid are the closing dates unless otherwise noted. Closings 

may occur within days of the purchase agreement or they may occur months later; closing dates are the dates reported to the 

MLS. "DOM" is an acronym for "days on market"; the number of days between the listing date and the date that an agreement to 

purchase was signed; this data is obtained from the MLS if available. Shorter than average marketing periods may indicate a 

low supply or that the home was priced below market or that the home was more desirable in some manner 

than others on the 

market. 

Purpose, Function and Intended Use of the Appraisal: 

The purpose of the appraisal is to provide an opinion of market value of the subject property, as defined in this report, on behalf 

of the named Client as the intended user of the report. 

The only function of this report is to assist the client mentioned in this report in evaluating the subject property for tax purposes 

as stated in the certification page. 

Clarification of Intended Use and Intended User: 

The intended User of this appraisal report is the Client. The Intended Use is to evaluate the property that is the subject of this 

appraisal for tax purposes, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this 

appraisal report form, and Definition of Market Value. No additional Intended Users are identified by the appraiser. 

Appraiser License Information: 

When providing clients with an appraisal report that is to be used in federally-related real property financial transactions the 

appraiser is required to be licensed, or, certified, by the State of Michigan. When holding a license from the State of Michigan, 

the appraiser is regulated by the Bureau of Commercial Services, Department of Licensing and Regulatory Affairs, P.O. Box 

30018, Lansing, Mi 48909. 

The signatures contained in this report are digital signatures which are computer generated and printed on the report. The 

appraiser's signature is protected by a password to which only the appraiser has access. If any modifications are made to this 

report, the signatures would be eliminated. 

This form of certification has been approved by the Appraisal Foundation, which is located at 1029 Vermont Ave, NW, Ste 900, 

‘Washington, DC 20005. The Appraisal Foundation is authorized by congress as the source of appraiser standards and 

appraiser qualifications, This approval can be found in the statement on Appraisal Standards # 8 (SMT-8) on the electronic 

transmission of reports. The section reads as follow: 

Any software program used to electronically transfer a report must provide, at a minimum, a digital signature security feature for 

all appraisers signing the report. The appraiser(s) should ensure the signature(s) are protected and that only the appraiser(s) 

maintain control of the signature. This control may be maintained by passwords (e.g.; Pin Numbers), hardware devices (e.g.; 

secure cards) or other means. Electronically affixing a signature to a report carries the same level of authenticity and 

responsibility as an ink signature on a paper copy report. Appraisal Standards Board, Adopted 7/18/1995. 

Process of Collecting, Confirming and Reporting Data: 

The subject property was inspected by the appraiser as of the date of valuation unless otherwise noted. Information was based 

on an inspection of the subject and MLS sheets for the comparables. 

Research on sales history was provided to the appraiser by investigating the multiple listing records. The appraiser takes no 

responsibility for factors 

relating to marketable title of the subject 

Regional, city and neighborhood data were based on information available in the appraiser's files. Further neighborhood and 

area data was based on a physical inspection of the neighborhood. Comparable sales and rental data were obtained from area 

assessors, use of area multi-list data and/or the appraiser's in-house data bank. 

The highest and best use section of this report relied on the above cited data. Also, data was available to the appraiser based 

on a thorough investigation of the uses permissible by current zoning and those found in surrounding properties. After 

assembling and analyzing the data defined in this scope of the appraisal, a final estimate of market value was made as set forth 

in this report. 

Property Rights Appraised: 

Ownership in real property consists of a bundle of rights. Knowing exactly which rights are under consideration is fundamental 

to the value of the property in question. The appraiser has provided an estimate of market value of only the fee simple interest 

because the subject is not bound by a long term lease. A definition for fee simple interest is found below. 

Form TADD - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Addendum Page 

Fete 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Popety Address 

1860 Allendale Ave 

ay 

West Bloomfield 

Cuts 

Oakland 

sae 

mi 

Tolae 

48324 

Lender/Clignt 

Ryan Schmidt & Nicole Schmidt 

Definition of Fee Simple Estate: 

Absolute ownership unencumbered by any other interest or estate subject only to the four powers of government. 

Financing Considerations: 

The appraised value assumes a sale under typical conventional mortgage financing in which no closing costs or other fees were 

paid by the seller. If the subject property did have closing costs paid by the seller, the appraiser nonetheless valued the property 

for a sale unaffected by such factors. Because of this, comparables sold under conventional financing need no adjustment. 

Sales with other than typical financing were adjusted based on the effect that such terms would have had on the sale price of 

the individual comparable. Many times, no premium is paid for other forms of financing even if points are paid by the seller 

Site: 

Perceived value differences between the subject site and the site or sites of one or more of the comparables may have been 

significant enough to warrant an adjustment; site adjustments are based upon market data and are made in an attempt to 

simulate the perceptions and actions of prospective purchasers. Site adjustments relate to overall appeal, size, shape, frontage, 

topography, etc. and may not directly relate to unit rates (i.e. price/s/f). 

Location: 

Perceived differences between the subject location and the location of one or more of the comparables may have been 

significant enough to warrant adjustment; location adjustments are normally based upon market data and are made in an 

attempt to simulate the perceptions and actions of prospective purchasers. 

Appraisal is Not a Survey: 

Itis assumed that the utilization of the land and improvements is within the boundaries of the property lines of the property 

described and that there are no encroachments or trespass unless noted in the report. No survey of the property has been 

made by the appraiser and no responsibility is assumed in connection with such matters. Any maps, plats, legal descriptions or 

drawings reproduced and included in this report are intended only for the purpose of showing spatial relationships or giving a 

general idea of the property description. The reliability of information contained in any such map, description or drawing is 

assumed by the appraiser and cannot be guaranteed to be correct. A surveyor should be consulted if there is any concern on 

boundaries, setbacks, encroachments, legal description or other survey matters. 

Appraisal is Not a Legal Opinion Title and Boundaries: 

No responsibility is assumed for matters of a legal nature that affects the title to the property nor is an opinion of title rendered. 

The value is given without regard to questions of title, boundaries, encumbrances or encroachments. We are not usually 

provided with information regarding the title or legal description and, in any event, we neither made a detailed examination of it 

nor do we give any legal opinion concerning it 

Zoning: 

The appraiser has tried to use the most recently available zoning maps to determine the zoning of the subject property. 

However, no notification is given to the appraiser when zoning changes. Zoning may be different than that stated and may 

severely limit the possible use of the property. 

If a property is a legal non-conforming use, it may not be able to have continued 

residential use if fully or partially destroyed or vacated for any length of time. Zoning has only been checked as it relates to the 

highest and best use section of this report and any significant question regarding zoning should be addressed to local zoning or 

land use officials. 

Building Codes: 

The appraiser has not checked for building code violations and the subject property may not conform to current building codes. 

Wells and Septic Systems, (when applicable): 

Well and septic systems are common to many rural or suburban areas and usually provide adequate water and waste removal. 

However, well failure and septic failure involve substantial costs. Failure of the well and/or septic systems can cause sickness, 

birth defects and serious health problems. The marketability of the house will be affected by the failure of the well and/or septic 

system and serious financial loss may result. A water analysis and test of the septic system is considered a standard practice in 

the course of a real estate sale and is the sole responsibility of the owner or borrower, as the appraiser is not a professional in 

this area. Even if there is water at the house and waste appears to be removed, the well or septic systems may not have 

continued access to these systems and the property value could be severely impacted. The appraised value assumes that 

these systems are functional and adequate and located on the subject site. 

Presence of Hazardous Materials: 

The presence of hazardous substances, including without limitation asbestos, polychlorination biphenyls, petroleum leakage or 

other chemicals, which may or may not be present on or near the subject property, or other environmental conditions were not 

called to the attention of the appraiser at the time of the valuation or inspection. The appraiser is not qualified to test for any 

hazardous substance and has no knowledge of the existence of such materials on or near the subject property. 

If any hazardous material contamination exists, they may affect the value of the subject property to the point that the cost of 

cleanup far exceeds the value of the property. This appraisal is predicated on the assumption that there is no condition on or 

near the subject property that would cause a loss in value. No responsibility is assumed for any hazardous substance 

contamination that may exist on or near the subject and the client is urged to get a professional inspection 

if there are questions 

in this area. Below are detailed some more common problems found in residential homes. This is not a complete list but further 

details these problems. 

Lead Based Paint: 

Lead is found in many homes constructed prior to 1978. Especially in those built or painted before 1960. The use of older paint 

on new homes may result in finding lead in even very new houses. Lead is found in moving parts of windows and doors, lead 

based paint, sails next to the exterior of buildings that may have been painted with lead based paint or had such paint recently 

stripped, and in pipes and solder used for drinking water supply. 

Lead poisoning can cause serious health problems including nervous system damage and even death. Children and women of 

childbearing age are most at risk from lead poisoning. The appraiser cannot detect whether a property has lead present on or in 

it and is not trained to detect or remediate lead. The detection of lead in a property can only be done by a qualified firm or 

laboratory. The full responsibility for lead or any hazardous substance lies with the client or user of this report. 

Form TADD 

- "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Addendum Page 

fiche 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Proporty Address 

1860 Allendale Ave 

oy 

West Bloomfield 

uty 

Oakland 

sate 

My 

ZoGok 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Radon: 

Radon is a cancer-causing radioactive gas. 

It occurs naturally and may seep into houses via the basement. Abnormally high 

concentrations of radon in a house may affect the marketability of the house. High levels of radon concentration may cause 

sickness or even cancer, The appraiser is not a professional at radon detection. The appraiser therefore, recommends each 

home appraised receive a simple commercial test to measure radon levels. 

It can be run by any detection firm and if the results 

are positive, correction is recommended. The responsibility for detection or remediation of radon lies with the property owner. 

Appraisal is Made with Limited Data: 

Appraisal reports are technical documents addressed to the specific needs of clients. In most cases, appraisals are made for 

mortgage companies and/or banks whose use for this report may be wholly different than that of the casual reader. Therefore, 

the reader should understand that this report was made with a limited amount of data and limited ability to verify certain 

information. 

Information was verified when possible through public records, multi-listing services, real estate agents and/or exterior 

inspection. This includes verification that the comparables are actually closed sales and the transactions are arm's length. No 

verification technique is one-hundred percent accurate but the appraiser has made the assumption that all data is accurate as 

reported 

From time to time, the indicated sizes of comparables shown in available sources such as MLS services or listing sheets 

appears to be incorrect based on the appraiser's professional experience, 

If the size used in the MLS sheets does not correlate 

with other known data, the appraiser may use other methods to determine the size of comparables. These include assessor's 

sheets, physical inspection and use of interior room measurements along with a multiplier to depict size based on exterior 

measurements. The deviation of comparable size from published sizes only indicated an attempt at higher accuracy in the final 

report. However, there are many times that the exact size and features found in comparables cannot be confirmed except by an 

exterior inspection from the street. We have used three or more comparables in this report to eliminate the limited data 

associated with any single comparable. 

‘While no factors we believe to be significant but known to the client have been knowingly withheld, 

it is always possible that we 

have information of significance which may be important to others but which, based on the original scope of this appraisal for 

mortgage or other purposes, was not included in the report to the client. 

A mortgage company or other professional client may 

not require data that may be important if the report is to be used for decision making outside the scope of the report. No 

decision should be made that is outside the scope of this report without first contacting the appraiser in writing for further 

clarification. 

Additional Scope of Work/Assignment Conditions 

Statement of Physical Condition: 

The appraiser has made a complete visual physical inspection of the subject property. The purpose is to ascertain the specifics 

of construction detail as relating to value or marketability, any areas of concern are noted in the report. However, the inspection 

in not to be construed as a full property inspection by a qualified home inspector. The conditions noted of the structural, heating, 

plumbing, or electrical systems or other mechanical items or components assessed are based on the appraiser's cursory 

inspection. The appraiser is not qualified to detect latent defects and all structural and mechanical items are assumed to be 

without defect since they are limited to a surface observation. If there are any items of obvious and superficial deficiency, they 

will be noted in the report as required. It is suggested that the interested party(ies) proceed with a more intensive inspection by 

a professional inspection or qualified individual. 

Age/Condition adjustments: 

Differences in age are generally not adjusted for as physical age alone is not a true indicator of market reactions; the market 

pays greater attention to condition, updates, and overall appeal. 

If a home is "effectively" and substantially older or newer than 

the subject, or if the market appears to be placing great weight on age, then adjustments are made in the grid. 

Photographs of the Comparables: 

Photos of the comparable sales may have been taken at the time of their sale - this is intentional as it best represents the 

condition and appeal of the home at the time it sold as opposed to now when changes may have been made. Because of this, 

the photos may have yard signs or may reflect seasonal differences. None of the comparables are currently for sale unless 

noted in the appropriate section. 

Adverse environmental conditions: 

None were noted or apparent upon inspection of the subject proper and site or within the vicinity of the subject property through 

normal research of the area. This appraiser is not an expert in the identification of hazardous substances or other adverse 

environmental conditions. 

If the dwelling was built prior to 1978, lead based paint may be present. 

The appraisal is based on the information gathered by the appraiser from public records, other identified sources, inspection of 

the subject property and neighborhood, and the selection of sales, listing, and/or rentals within the subject market area, The 

original source of the comparables is shown in the Data Source section of the market grid along with the source of confirmation, 

if available. The original source is presented first. The sources and data are considered reliable. When conflicting information is 

provided, the source deemed most reliable has been used. Data believed unreliable was not included in the report nor used as 

a basis for the value conclusion 

Estimated Market Time: 

The estimated market time is defined as the time required to obtain an acceptable bonafide offer to purchase from an able 

buyer for the property described in the appraisal, assuming that the property is offered as a cash price that is in the vicinity of 

the final estimated value stated in this report and also assuming that the sale is consummated under the same constraints of 

time and economic conditions existing as of the effective date of this valuation. Marketing time is related to the price at which 

the property is offered. The marketing time delineated in this report is based on discussions with knowledgeable market 

participants and market data 

Legal Description: 

T2N, RIE, SEC 3 RESUBDIVISION OF LOTS 135 TO 332 INCL. AND352 TO 369 INCL., 410 TO 414INCL., 488 TO 509 INCL. 

AND OUT LOT A OF ZOX LAKESIDE PARK SUB LOT 53 

Form TADD - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Addendum Page 

Feta 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Pope 

Address 

1860 Allendale Ave 

oy 

West Bloomfield 

amy 

Oakland 

sa 

MI 

TG 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

= 1004 GPAR: Market Area Description - Boundaries, Description, Conditions 

Neighborhood Market Conditions: 

The housing trends are indicated as stable to increasing according to local MLS data. 

It should be noted this applies to the overall 

marketplace, but not all neighborhoods. This is supported since sales prices have risen year over year in most area marketplaces due 

primarily to the overall low residential listing inventory and low lending rates. Another contributing factor is employment remaining stable 

with the overall potential buyer pool being relatively constant as reflected in the number of sales. 

The market pricing over the past few years has followed seasonal market trends. The trends show the prime summer selling season 

generating the median price increases and the slower winter season showing retracting median pricing. This year is trending simitarly 

with each year resulting in a net median price gain. It appears this trend will continue until such time as inventory and/or interest rates 

change. 

Distressed sales are typically only used if the subject is in a distressed sale situation or the sale properly reflects the condition of the 

subject. Adjustments usually are made to the comparables if the concessions are present. 

MICHIGAN LEGISLATURE 

Michigan Compiled Laws Complete Through PA 35 of 2024 

Senate adjourned until Wednesday, April 24, 2024 10:00 AM 

House adjourned until Wednesday, April 24, 2024 12:00 PM 

Home Legislature 

Laws 

More 

Sign Up Log In 

MCL - Section 211.27 

Download Section 

Chapter 211 

Act 206 of 1893 

206-1893-ASSESSMENT-ROLL. 

4 Previous Section Next Section 

THE GENERAL PROPERTY TAX ACT (EXCERPT) 

Act 206 of 1893 

211.27 "True cash value" defined; considerations in determining value; indicating exclusions from 

true cash value on assessment roll; subsection (2) applicable only to residential property; repairs 

considered normal repairs, replacement, and maintenance; exclusions from real estate sales data; 

classification as agricultural real property; "present economic income" defined; applicability of 

subsection (5); "nonprofit cooperative housing corporation” defined; value of transferred property; 

"purchase price" defined; additional definitions; "standard tool" defined. 

Sec. 27. 

(1) As used in this act, "true cash value" means the usual selling price at the place where the property to 

which the term is applied is at the time of assessment, being the price that could be obtained for the property 

at private sale, and not at auction sale except as otherwise provided in this section, or at forced sale. The 

usual selling price may include sales at public auction held by a nongovernmental agency or person if those 

sales have become a common method of acquisition in the jurisdiction for the class of property being valued. 

The usual selling price does not include sales at public auction if the sale is part of a liquidation of the seller's 

assets in a bankruptcy proceeding or if the seller is unable to use common marketing techniques to obtain the 

usual selling price for the property. A sale or other disposition by this state or an agency or political 

subdivision of this state of land acquired for delinquent taxes or an appraisal made in connection with the sale 

or other disposition or the value attributed to the property of regulated public utilities by a governmental 

regulatory agency for rate-making purposes is not controllingevidence of true cash value for assessment 

Form TADD - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Addendum Page 

Fieto 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Propaly Adress 

1860 Allendale Ave 

oy 

West Bloomfield 

Coty 

Oakland 

sate 

MI 

Took 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

purposes. In determining the true cash value, the assessor shall also consider the advantages and 

disadvantages of location; quality of soil; zoning; existing use; present economic income of structures, 

including farm structures; present economic income of land 

if the land is being farmed or otherwise put to 

income producing use; quantity and value of standing timber; water power and privileges; minerals, quarries, 

or other valuable deposits not otherwise exempt under this act known to be available in the land and their 

value. In determining the true cash value of personal property owned by an electric utility cooperative, the 

assessor shall consider the number of kilowatt hours of electricity sold per mile of distribution line compared to 

the average number of kilowatt hours of electricity sold per mile of distribution line for all electric utilities. 

(2) The assessor shall not consider the increase in true cash value that is a result of expenditures for 

normal repairs, replacement, and maintenance in determining the true cash value of property for assessment 

purposes until the property is sold. For the purpose of implementing this subsection, the assessor shall not 

increase the construction quality classification or reduce the effective age for depreciation purposes, except if 

the appraisal of the property was erroneous before nonconsideration of the normal repair, replacement, or 

maintenance, and shall not assign an economic condition factor to the property that differs from the economic 

condition factor assigned to similar properties as defined by appraisal procedures applied in the jurisdiction. 

The increase in value attributable to the items included in subdivisions (a) to (g) that is known to the assessor 

and excluded from true cash value must be indicated on the assessment roll. This subsection applies only to 

residential property. The following repairs are considered normal maintenance if they are not part of a 

structural addition or completion: 

(a) Outside painting. 

(b) Repairing or replacing siding, roof, porches, steps, sidewalks, or drives. 

(c) Repainting, repairing, or replacing existing masonry. 

(d) Replacing awnings. 

(e) Adding or replacing gutters and downspouts. 

(f) 

Replacing storm windows or doors. 

(9) Insulating or weatherstripping. 

(h) Complete rewiring. 

(i) 

Replacing plumbing and light fixtures. 

(i) 

Replacing a furnace with a new furnace of the same type or replacing an oil or gas burner. 

(k) Repairing plaster, inside painting, or other redecorating. 

(I) New ceiling, wall, or floor surfacing. 

(m) Removing partitions to enlarge rooms. 

(n) Replacing an automatic hot water heater. 

(0) Replacing dated interior woodwork. 

(p) Installing, replacing, or repairing an alternative energy system, without regard to ownership of the 

system, with a generating capacity of not more than 150 kilowatts, the annual energy output of which does not 

exceed the annual energy consumption measured by the utility-provided electrical meter on the system to 

which itis connected. As used in this subdivision, "alternative energy system" means that term as defined in 

section 2 of the Michigan next energy authority act, 2002 PA 593, MCL 207.822. 

(q) Installing, replacing, or repairing a whole-home generator. 

(3) A city or township assessor, a county equalization department, or the state tax commission before 

utilizing real estate sales data on real property purchases, including purchases by land contract, to determine 

assessments or in making sales ratio studies to assess property or equalize assessments shall exclude from 

the sales data the following amounts allowed by subdivisions (a), (b), and (c) to the extent that the amounts 

are included in the real property purchase price and are so identified in the real estate sales data or certified 

to the assessor as provided in subdivision (d): 

(a) 

Amounts paid for obtaining financing of the purchase price of the property or the last conveyance of the 

property. 

(b) 

Amounts attributable to personal property that were included in the purchase price of the property in 

the last conveyance of the property. 

(c) 

Amounts paid for surveying the property pursuant to the last conveyance of the property. The 

legislature may require local units of government, including school districts, to submit reports of revenue lost 

under subdivisions (a) and (b) and this subdivision so that the state may reimburse those units for that lost 

revenue. 

(d) 

The purchaser of real property, including a purchaser by land contract, may file with the assessor of the 

city or township in which the property is located 2 copies of the purchase agreement or of an affidavit that 

Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Addendum Page 

Fieka 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

Owty 

Oakland 

Sale 

pm) 

TpGode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

identifies the amount, if any, for each item listed in subdivisions (a) to (c). The assessor shall forward 1 copy 

to the county equalization department. The affidavit must be as prescribed by the state tax commission. 

(4) In finalizing sales studies for property classified as agricultural real property under section 34c, an 

assessor and equalization director shall determine if an affidavit for the property has been filed under section 

27a(7)(0). If an affidavit has not been filed, the property must be reviewed to determine if classification as 

agricultural real property under section 34c is correct or should be changed. The assessor for the local tax 

collecting unit in which the property is located shall contact the property owner to determine why the property 

owner did not file an affidavit under section 27a(7)(0). Unless there are convincing facts to the contrary, the 

sale of property classified as agricultural real property under section 34c for which an affidavit under section 

27a(7)(0) has not been filed must not be included in a sales study. 

(5) As used in subsection (1), "present economic income" means for leased or rented property the ordinary, 

general, and usual economic retum realized from the lease or rental of property negotiated under current, 

contemporary conditions between parties equally knowledgeable and familiar with real estate values. The 

actual income generated by the lease or rental of property is not the controlling indicator of its true cash value 

in all cases. This subsection does not apply to property subject to a lease entered into before January 1, 1984 

for which the terms of the lease governing the rental rate or tax liability have not been renegotiated after 

December 31, 1983. This subsection does not apply to a nonprofit housing cooperative subject to regulatory 

agreements between the state or federal government entered into before January 1, 1984. As used in this 

subsection, "nonprofit cooperative housing corporation" means a nonprofit cooperative housing corporation 

that is engaged in providing housing services to its stockholders and members and that does not pay 

dividends or interest upon stock or membership investment but that does distribute all eamings to its 

stockholders or members. 

(6) Except as otherwise provided in subsection (7), the purchase price paid in a transfer of property 

is not the presumptive true cash value of the property transferred. In determining the true cash value 

of transferred property, an assessing officer shall assess that property using the same valuation 

method used to value all other property of that same classification in the assessing jurisdiction. As 

used in this subsection and subsection (7), "purchase price" means the total consideration agreed to 

in an arms-length transaction and not at a forced sale paid by the purchaser of the property, stated in 

dollars, whether or not paid in dollars. 

(7) For a transfer of eligible nonprofit housing property from a charitable nonprofit housing 

organization to a low-income person that occurs after December 31, 2010 through December 30, 2021, 

the purchase price paid is the presumptive true cash value of the eligible nonprofit housing property 

transferred. For a transfer of eligible nonprofit housing property from a charitable nonprofit housing 

organization to a low-income person that occurs on or after December 31, 2021, the loan amount 

stated in the closing disclosure form for the transfer is the presumptive true cash value of the eligible 

nonprofit housing property transferred. In the year immediately succeeding the year in which the 

transfer of eligible nonprofit housing property occurs and each year thereafter, the taxable value of 

the eligible nonprofit housing property must be adjusted as provided under section 27a. As used in 

this subsection: 

(a) "Charitable nonprofit housing organization" means a charitable nonprofit organization the 

primary purpose of which is the construction or renovation of residential housing for conveyance to a 

low-income person. 

(b) “Eligible nonprofit housing property" means property owned by a charitable nonprofit housing 

organization, the ownership of which the charitable nonprofit housing organization intends to transfer 

to a low-income person after construction or renovation of the property is completed. 

(c) "Family income" and "statewide median gross income” mean those terms as defined in section 

11 of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1411. 

(d) "Low-income person" means a person with a family income of not more than 80% of the 

statewide median gross income who is eligible to participate in the charitable nonprofit housing 

organization's program based on criteria established by the charitable nonprofit housing organization. 

(8) For purposes of a statement submitted under section 19, the true cash value of a standard tool is 

the net book value of that standard tool as of December 31 in each tax year as determined using 

generally accepted accounting principles in a manner consistent with the established depreciation 

method used by the person submitting that statement. The net book value of a standard tool for 

federal income tax purposes is not the presumptive true cash value of that standard tool. As used in 

this subsection, “standard tool" means that term as defined in section 9b. 

Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Addendum Page 

Fletlo 20269129 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

Gly 

West Bloomfield 

Coty 

Oakland 

Sale 

| 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

History: 1893, Act 206, Eff. June 12, 1893 ;-- CL 1897, 3850 ;-- CL 1915, 4021 ;-- CL 1929, 3415 ;-- CL 

1948, 211.27 ;-- Am. 1951, Act 210, Eff. Sept. 28, 1951 ;-- Am. 1964, Act 275, Eff. Aug. 28, 1964 ;-- Am. 

1965, Act 409, Imd. Eff. Nov. 3, 1965 ;— Am. 1969, Act 276, Imd. Eff. Aug. 11, 1969 ;-- Am. 1973, Act 109, 

Eff. Dec. 31, 1973 ;-- Am. 1976, Act 293, 

Imd. Eff. Oct. 26, 1976 ;-- Am. 1976, Act 411, Imd. Eff. Jan. 9, 1977 ;-- Am. 1978, Act 25, Imd. Eff. Feb. 21, 1978 ;-- 

Am. 1982, Act 539, Eff. Mar. 30, 1983 ;—- Am. 1983, Act 254, Imd. Eff. Dec. 29, 1983 ;— Am. 1985, Act 200, Imd. Eff. 

Dec. 27, 1985 ;-- Am. 1989, Act 283, kid. Eff. Dec. 26, 1989 ;— Am. 1994, Act 415, Imd. Eff. Dec. 29, 1994 ;— Am. 

2002; Act 744, Imd. Eff. Dec. 30, 2002 ;--Am. 2003, Act 274, imd. Eff. Jan. 8, 2004 ;--Am. 2010, Act 340, Imd. Eff. 

Dec. 21,2010 ;-- Am. 2012, Act 409, Irid. Eff. Dec. 20, 2012 ;-- Am. 2013, Act 162, Imd. Eff. Nov. 12, 2013 ;— Am. 

2019, Act 116, hid. Eff. Nov. 15, 2019 ;-Am. 2022, Act 156, imd. Eff. July 19, 2022 ;--Am. 2022, Act 240, Imd. Eff. 

Dec. 14, 2022 Constitutionality: For the purpose of assessing taxes on real property, to the extent that creative 

financing represents something of value either to a seller or a buyer, 

it is not part of the real property, and cannot be 

included in the determination of the true cash value of the property. Washtenaw County v State Tax Commission, 

422 Mich 346; 373 NW2d 697 (1985). 

Popular Name: Act 206 

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The Michigan Legislature Website is a free service of the Legislative Service Bureau in cooperation with the 

Michigan Legislative Council, the Michigan House of Representatives, the Michigan Senate, and the Library of 

Michigan. This site is intended to provide accurate and timely legislative information to the citizens of the State of 

Michigan and other interested parties. Additional historical documents can be found at 

https /imww.michigan.govilibraryofmichigan. The information obtained from this site is not intended to replace official 

versions of that information and is subject to revision. The Legislature presents this information, without warranties, 

express or implied, regarding the accuracy of the information, timeliness, or completeness. 

If you believe the 

information is inaccurate, out-of-date, or incomplete or if you have problems accessing or reading the information, 

please send your concerns to the appropriate agency using the online Comment Form in the bar above this text. 

Form TADD - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Photograph Addendum 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

city 

West Bloomfield 

Cony 

Oakland 

sue 

M| 

Colt 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Competing Market - Median Sales and List Price 

Competing Market - Median Sale and List Price Per SqFt 

8 Median 

Soe Price. 8 Medan 

Lis Price -O- Median 

Sele Pie Trend | 

18 Viedian 

Soe Pie Per Sat 1 Median 

List Pros Per St -O- Medan Sale Pron Per Sat Trend 

0 Shean 

Lis Price Trend 

| 

~O- Men List Price Per Saft Trend 

985 

1,401,000 

885 

1,201,000 

785 

1,001,000 

685 

801,000 

585 

- 

601,000 

485 

401,000 

| 

385 

201,000 

|| 

285 

1,000 

185 

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v 

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Comments: 

Comments: 

Competing Market - Total Sales and Listings 

[ Tot Sues 

Toll stings -O- Total Sees Trang -O- | 

Competing Market - Median Sales and Listings DOM 

12 

8 Modan 

Sale DOM 

8) Macs Ust DOM -O- Medien 

Sele OOM Tran! 

<O- Medan Lisl DOM Trend 

140 

120 - 

100 - 

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37 

Comments: 

Comments: 

Form PICFOUR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum 

Tip Goda 

Ryan Schmidt & Nicole Schmidt 

State 

MI 

Bomower 

Property Address 

1860 Allendale 

Ave 

ay 

West Bloomfield 

Cony 

Oakland 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Competing Market - Average Sales Price 

me 

eee 

| mn Average 

Sala Price -O- Average 

Sale Price Trend 

1,440,000 

1,240,000 

1,040,000 

840,000 

640,000 

440,000 

240,000 | 

- 

. 

0 

xB 

PE 

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§ 

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Comments: 

Comments: 

Comments: 

Form PICFOUR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Market Conditions Addendum to the Appraisal Report 

Flee, 

20268129 

‘The purpose of Mis addendum is lo provide he lender/client wih a clear and accurale understanding of the market ends and coNdIBons prevalent in the subject 

neighborhood. This is a required addendum for ail appraisal reports with an effective date on or alter April 1, 2009 

Property Address 

1860 Allendale Ave 

Cy West Bloomfield 

Stale MI 

2p Code 48324 

Burower 

Ryan Schmidt & Nicole Schmidt 

Instructions: The appraiser must use the information foquised 

on this form 

as the basis 

for his/her conclusions, and must provide suppot for those conclusions, regarding 

housing trends and overall market canditions as reported in the Neighborhood section of the appraisal report form. The appraiser must 

fil in al the information to the extent 

itis available and reliable and must provide analysis as Indicated below. 

If any required data is unavailable of 

is considered unreliable, he appraiser musl provide an 

explanation. ts recognized that not all data sources wil 

be able to provide 

data for the shaded areas below; ifitis 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 identiy 

it as an 

average. Seles and listings must be properties that compete with the subject property, determined by applying the criteria that would be used by a prospective buyer of the 

subject property. The appraiser must explain any anomalies 

in te data, such as seasonal markels, new constuction, foreclosures, elc 

Inventory Analysis’ 

Prior 7-12 Months 

Prior 4-5 Months 

Curent —3 Monts 

Gveral Trend 

Total 

# of Comparable Sales (Sete) 

A) 

2 

2 

Toreasng 

|| 

| 

SGbe 

SC Desiring 

Fsorplon Rate (Tol Saes/ Mond) 

1.50 

0.67 

133 

Toreasng 

|| Sb 

Declining 

Total # of Comparable Active Listings 

0 

0 

10 

Declining 

| Stable 

5 

Increasing 

Toh of Housing Supply (Tafa Uskngs/Ab Fe) 

0 

0 

75 

[| 

Deciiing 

Se 

Increasing 

Wodian Sala & List Price, DOM, Sale/List % 

Prior 7-12 Manihs 

Prior 4-6 Montns. 

Current 

- 3 Months 

Overall Trend 

Wedian Comparable Sale Pice 

$530,000 

$698,750 

$522,500 

© noreasing 

Siabe 

7 Decining 

Wedian Comparabee Sales Days on Markel 

50 

37 

58.5 

NG Deciiring 

Stabe 

Tncreasing 

Wetian Comparable List Price 

0 

0 

$474,500 

Tncreasing 

Sable 

T Declining 

Median Comparable Listings Days on Markel 

0 

0 

24 

Declhing 

||] Stabe 

|_| Moreasing 

Wiedin Sale Price as % of List Pice 

0 

0 

97.65 

X icreasing 

| Stable 

| 

Declining 

Selle-{developer, builder, ec. Jpad financial assisance prevalent? 

Va 

XW 

© Declining 

| Stable 

Tncreasng 

if 

50) 

i Geta he seer concessions Bends foc he past 12 mors (e.5, sales 

Tncrezsed 

fiom 3% 1 5%, 

increasing 

use of 

closing costs, condo 

fees, opdons, el) 

Market sales are predominately financed by conventional, FHA, & VA mortgages as interest rates remain favorable. Seller 

1) concession, discounts, buy downs, etc., are common to the current market. Adjustments usually are made to the comps if the concession 

wl exceeds 3%-6% of the sale price, which is the average range in the marketplace. The amount of the concession is not typically in addition to 

4 the normal price, but rather at the expense of the seller as demonstrated by the comparables. 

re foreclosure sas (REQ sales) a actor in ho market? 

Yes 

»C Wo 

Hyes, expan (nciuding fe Vends 

n ising nd sales 

of foreclosed propertes). 

Due to the limitations of providing comparables, foreclosure sales, short sales and arms length are utilized in the analysis. Adjustments are 

made only if warranted. 

Cite dala sources for above information 

The Market Conditions Addenda was completed with data from Realcomp Limited Il MLS with an effective 

date of 

‘Summarize the above information 2s suppart for your conclusions in te Neighborhood section of the appraisal report form. 

If you used any additonal ilormaton, such 35 

an analysis of ening sales and/or expired and withdrawn listings, to formulae your conclusions, provide both an explanation and support for your conclusions. 

See Attached Addendum 

7 

subject 

13 a unin a coNdomINIuM of COOpEIata project, completo 1a folowing: 

Project Name: 

Suject 

Project Da 

Prior 7-12 Monts 

Prior 4-6 Monts 

Curent 

- 3 Months 

Overall Trend 

Talal # of Comparable Sales (Setted) 

Treas 

Sabie 

7 

Decining 

(Absorpion Rale (Toa Sales/Monihs) 

| increasing 

Sable 

Declining 

Total # of Active Comparable Listings 

Declining 

Stable 

Increasing 

Months of Unit Supply (Total Listngs/Ab Rate) 

Decling 

Stable 

Increasing 

[7% Torecizsure S225 (EO S365) 3 cor 1 De prject? 

Yes 

To 

1 yes, cals Te number of REQ 153s 2nd Expian Te WEnds 1 BStngs and sas of 

foreclosed properties. 

ONDO/CO-OP PROJECT! 

c 

Summaze the above ends and address he impact on Ie Subject unit and project 

pd 

Signature 

Signature 

tl] 

Ray 

GAA, RAA 

Supervisory Appraiser Name 

fe] comsany name 

O'Neil Appraisal, LLC 

Company Name 

g Company Address 

6739 Wellesley Terrace, Clarkston, | 48346 

Company Address 

fq 

state License/Certiication # 

1205002719 

Sale 

State License/Certiicaton # 

State 

Email Address 

RayONeil@ONeilAppraisal.com 

Email Address. 

Freddie Mac Form 71 

March 2009 

Page 1011 

Fannie Mae Form 1004MC March 2009 

Form 1004MC2 - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Loan # 

USPAP Compliance Addendum 

e# 20269120 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

hid 

West Bloomfield 

coy 

Oakland 

sak 

Mf 

tod 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

APPRAISAL 

AND REPORT IDENTIFICATION 

This Appralsal Reports on of the following types: 

XC 

Appraisal Report 

This report was prepared In accordance with the requiramants of the Appralsat Report optin of USPAP Standards Rule 2-2(2) 

Restricted Appraisal Roport 

This report was propared In accordance with the requirements of th Resuicted Appralsat Report option of USPAP Standards Rule 2-2(b) Th 

Intended user of his reports imitad 10 the Identified clint. This Is a Resticted Appralsal Report and the rationalo for How the appralser amved 

attho opinions and conclusions sot forth n the report may not be understood properly Without the additional Information In the zppralser's warkdla 

ADDITIONAL 

I cartity thal, to the bast of my knowladge and baller 

«Tha 

statements of fact contained in this aport ara rue and correct 

he report analysos, opinions, and conclusions ar lmitad 

only by the reported assumptions and aro my parsonal, Impartial, and unblased professional analyses, 

opinions, and concusions. 

Ihave no (or the spacHfed) present 

o prospective Inorast 

in tha property thats the subjact of this report and no (or spocifed) personal Infarost with respect to the 

partes involved. 

have no bias with respact to the proparty thats the subloct 

of his raport 

or the parties Involved with tis assignmant. 

My engagement n this 

Was not 

contingent 

upon developing or 18porting pi 

results 

My 

comps 

for 

completing 

this 

assignments 

not 

upon the 

or reporting of a 

valus or direction In value that favors the cause 

ofthe clian, te amount 

of the valuo opinion, the attainment 

of a stpulalsd resul, or the occurrence of 2 subsequent oven diracty related to the Intended usa of 

this appraisal 

« 

My analyses, apinions, and conclusions wars developed and this report has been prepared, In conformity with the Uniform Standards of Professional Appralsal Practice. 

This appralsat report was prapared In accordance with the requiramants of Tit Xi of FIRREA and any Implemsning regulations 

Ihave NOT performed servicas, as an appraiser o In any other capachy, regarding the propsity thats the sublect of this raport within the three-year period 

Immediately preceding acceplancs of ths assignment. 

1HAVE performad services, as an appralser or In another capacity, regarding the property thats the sublect 

of this report within the three-year period immediatly 

preceding acceptance of this assignment Those services are described In the comments below, 

Ihave NOT mado a persanal inspection of the property thats the subjsct 

of this raport. 

HAVE 

mad 

a personal Inspection of the property ha Is the subject of ts report 

Unless otnarwisa noted, no ona provided significant real property appralsal assistance to the parson signing this cortcation. 

If anyane did provide significant assistance, they 

ara hereby (dented along with a summary of the extent 

of the assistance provided In the report 

ADDITIO 

‘Additonal USPAP related sus requlring disclosuro and/or any stato mandated requiremorts: 

JECT PROPERTY. 

[1 

A 

reasonable 

marketing 

time 

for 

the 

sublect 

property 

is 

day(s) 

utiling 

market 

condifons 

 pettinant 

to 

tha 

 appralsdl 

assignment 

NX 

A 

roasonatie 

oposuro 

ma 

for 

ta 

subect 

property 

Is 

day(s) 

SUPERVISORY APPRAISER (ONLY IF REQUIRED) 

Sara 

— 

Nem 

Ray O'Neil, 

GAA, RAA 

tame 

oan otsgnaure 

06/11/2026 

Osa 

ot Signa 

Swstumcatns 

1205002719 

Er — 

EE 

— 

asin Lane # 

PO 

san 

raton Das of Garena or License 

07/31/2026 

Exton Dv ot Crt or Leenss 

Supantsory Agpalsrnspcton 

of SuloctPropary 

Effective Dat of Apprasal 

12/31/2025 

[7] DdNot 

7] Exorloronly 

rom Stat 

Intro 

and Exarior 

USPA Gamptance Addendum 2014 

Faron 

Form ID14EC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Building Sketch 

Bormower 

Ryan Schmidt & Nicole Schmidt 

Property Adsiess 

1860 Allendale Ave 

cay 

West Bloomfield 

Cony 

Oakland 

Ste 

M| 

InCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

A 

Basement 

First Floor 

38 

38 

Bath 

Bedroom 

Kitchen 

a 

N 

© 

Rec Room 

A 

ba 

N 

Laundry 

b 

Bedroom 

em 

Bath 

in 

Dining Room | & 

al 

i 

<+ 

“u 

38 

Bedroom 

Family Room 

Bedroom 

4.5' 

Laundry 

in 

~ 

= 

commnarecs 

§ in 

6.5" 

? 

nN 

=] 

Garage 

= 

~ 

“9 

27" 

TOTAL Sketch by a ln mode 

Area Calculations Summary 

Living Area 

First Floor 

2083559 ft 

Total Living Area (Rounded): 

2084 Sq ft 

Non-living Area 

Covered Porch 

48.8 Sa ft 

2 Car Attached 

63455q ft 

Basement 

1007 Sq ft 

Form SKT.BLDSKI - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Flood Map 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

County Oakland 

State 

MI 

Zip Code 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

I 

Fi 

Prepared for O'Neil Appraisal, LLC 

d 

1860 Allendale Ave 

nterrFlood....... 

West Bloomfield, MI 48324 

= 

- 

< 

Xe I 

% 

1 

Green Rd 

MAP DATA 

MAP LEGEND 

Remedy Greens 

FEMA Special Flood Hazard Area: No 

[[] Areas inundated by 500-year flooding 

[a Protected Areas 

Map Number: 26125C0482F 

B 

7 

-—— 

Areas inundated by 100-year flooding 

Floodway 

Map Date: September 29, 2006 

[1] velocity Hazard 

OO sibiect Area 

FIPS: 26125 

Form MAP LT.FLOOD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Plat Map Page 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

Clty 

West Bloomfield 

County 

Oakland 

Sule 

My 

IpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Form MAP.PLAT - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

2 

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X/

Location Map 

Bormower 

Property Adress 

City 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

1860 Allendale Ave 

West Bloomfield 

Ryan Schmidt & Nicole Schmidt 

Coury 

Oakland 

sate 

mi 

IoCote 

48324 

H 1860 Allendale Ave 

2061 Rosedale pr 

0.25 miles § 

1676 Oldtown Ave 

0,12 miles NE 

MW 2182 Park Cir 

1.63 miles E 

COMPARABLE No.2} 

2300 

Pine Lake Rd 

Form MAP.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Subject Photo Page 

Borrower 

Ryan Schmidt & Nicole Schmidt 

PropetyAddiess 

1860 Allendale Ave 

Cy 

West Bloomfield 

Cony 

Oakland 

suk 

MI 

Zolode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Subject Front 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

2.0 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Subject Rear 

Subject Street 

Form PICPIX 

SR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Exterior Photo Page 

1 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

County 

Oakland 

Sate 

| 

ZpCods 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Form PICSIX2 - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Subject Interior Photo Page 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

Couy 

Oakland 

Sate 

mi 

TpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Laundry 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

20 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Laundry 

Rec Room 

Form PICPIX.SI - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Subject Interior Photo Page 

Bomower 

Property Address 

City 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

1860 Allendale Ave 

West Bloomfield 

Cony 

Oakland 

Sale 

pm 

ZoCode 

48324 

Ryan Schmidt & Nicole Schmidt 

Rec Room 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

20 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Bath 

Bath 

Form PICPIX.S} - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Subject Interior Photo Page 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

Giy 

West Bloomfield 

Cony 

Oakland 

See 

MI 

Blots 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Den 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

2.0 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Kitchen 

Kitchen 

Form PICPIX.SI - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Subject Interior Photo Page 

Borrower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

cy 

West Bloomfield 

County 

Oakland 

Sate 

pM 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Dining Room 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

~~ 2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms ~~ 2.0 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Family Room 

Laundry 

Form PICPIX.SI - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Subject Interior Photo Page 

Bomower 

Ryan Schmidt & Nicole Schmidt 

ProperyAddiess 

1860 Allendale Ave 

Gly 

West Bloomfield 

County 

Oakland 

Sate 

Mj 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Garage 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

~~ 2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

2.0 

Location 

Residential;Canal 

View 

Residential;Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Bedroom 

Bedroom 

Form PICPIX.SI - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Subject Interior Photo Page 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

oty 

West Bloomfield 

Cony 

Oakland 

Sale 

pM) 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Bedroom 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

~~ 2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms 

20 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

44 

Bedroom 

Bath 

Form PICPIX.S| - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Subject Interior Photo Page 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

County 

Oakland 

Sle 

my 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Bath 

1860 Allendale Ave 

Sales Price 

Gross Living Area 

~~ 2,084 

Total Rooms 

7 

Total Bedrooms 

4 

Total Bathrooms ~~ 2.0 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

7676 sf 

Quality 

Brick/Wood 

Age 

Se 

Bath 

Form PIGPIX.SI - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comp Photos 1-3 

Bomower 

Ryan Schmidt & Nicole Schmidt 

Property Address 

1860 Allendale Ave 

City 

West Bloomfield 

County 

Oakland 

Sate 

MI 

ZpCode 

48324 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

Comparable 

1 

2061 Rosedale Dr 

Prox. to Subject 

0.25 miles S 

Sale Price 

535,000 

Gross Living Area 

2,190 

Total Rooms 

6 

Total Bedrooms 

3 

Total Bathrooms 

3.0 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

4356 sf 

Quality 

Brick/Vinyl 

Age 

74 

Comparable 

2 

2300 Pine Lake Rd 

Prox. to Subject 

2.77 miles SE 

Sale Price 

600,000 

Gross Living Area 

~~ 2,190 

Total Rooms 

7 

Total Bedrooms 

3 

Total Bathrooms ~~ 3.0 

Location 

Residential; Canal 

View 

Residential; Water 

Site 

23522 sf 

Quality 

Brick 

Age 

73 

Comparable 3 

2182 Park Cir 

Prox. to Subject 

1.63 miles E 

Sale Price 

600,000 

Gross Living Area 

~~ 2,568 

Total Rooms 

8 

Total Bedrooms 

3 

Total Bathrooms 

4.0 

Location 

Residential,Canal 

View 

Residential; Water 

Site 

4922 sf 

Quality 

Brick/Vinyl 

Age 

72 

Form PICPIX.CR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comp Photos 4-6 

Borrower 

Property Address 

City 

Lender/Client 

Ryan Schmidt & Nicole Schmidt 

1860 Allendale Ave 

West Bloomfield 

Ryan Schmidt & Nicole Schmidt 

Coty 

Oakland 

sae 

MI 

plate 

48324 

Comparable 4 

1932 Allendale Ave 

Prox. to Subject 

0.08 miles S 

Sale Price 

525,000 

Gross Living Area 

1,429 

Total Rooms 

8 

Total Bedrooms 

3 

Total Bathrooms 

20 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

12197 sf 

Quality 

Brick/Vinyl 

Age 

45 

Comparable 

5 

1676 Oldtown Ave 

Prox. to Subject 

0.12 miles NE 

Sale Price 

615,000 

Gross Living Area 

1,806 

Total Rooms 

7 

Total Bedrooms 

3 

Total Bathrooms 

20 

Location 

Residential;Canal 

View 

Residential; Water 

Site 

6970 sf 

Quality 

Brick/Wood 

Age 

38 

Comparable 

6 

Prox. to Subject 

Sale Price 

Gross Living Area 

Total Rooms 

Total Bedrooms 

Total Batfirooms 

Location 

View 

Site 

Quality 

Age 

Form PICPIX.CR - "TOTAL" appraisal software by a la mode, inc. 

- 1-800-ALAMODE

Property ID 

1803108017 

1803108017 

1803108017 

1803108017 

1803108017 

1802108017 

1803108017 

1803100017 

1803108017 

1803108017 

1803108017 

1803108017 

1603108017 

1803108017 

1603108017 

1803108017 

1803108017 

1803108017 

1803108017 

1803108017 

1803108017 

1803108037 

1803108017 

Addrems 

1850 ALLENDALE Avenue 

1860 ALLENDALE Avenue 

1860 ALLENDALE Avenue 

1850 ALLENDALE Avenue 

1860 ALLENDALE Avenue 

1860 ALLENDALE Avenue 

1860 Altendate Avenue 

1860 Allendale Avenue 

1860 Allendale Avenue 

Listing History Page 

Oe 

Eng hilo 

214050044 

SOLD 

08/06/2014 04:13:32 PM SOLD $187,000 

214050044 

PEND 

06/27/2014 

3:23:05 PM 

CCS->PEND. 

214050044 

ces 

06/27/2014 03:20:11 PM ACTV->CCS 

214050044 

DOWN 

08/09/2014 11:11:58 AM $210,000->$200,000 

214050044 

NEW 

05/26/2014 01:46:06 PM 

$210,000 

24050044 

NEW 

05/28/2014 01:46:06 PM ->ACTV 

214005308 

UWTH 

05/28/2014 01:00:31 PM ACTV->UWTH 

204005308 

NEW 

0121/2004 12:52:04 PM 

->ACTV. 

212081608 

 EXPD 

09/09/2013 12:12:07 

AM CWTH->EXPD 

21208] 

CWTH 

05/28/2013 04:40:43 PM 

PEND->CWTH 

212081608 

PEND 

04/16/2013 08:08:14 PM 

 CCS->PEND 

CCS 

DY22/2013 12:48:56 PM ACTV-5CCS 

212081608 

DOWN 

11/14/2012 03:50:38 PM 

$215,000->$199,500 

NEW 

08/07/201201:46:30 PH $215,000 

212081608 

NEW 

08/07/2012 01:46:30 PM 

212004187 

08/13/2012 12:11:27 AM CWTH->EXPD 

oo 

212004187 

~~ CWTH 

05/29/2012 10:07:37 AM ACTV->CWTH 

DOWN 

82/06/2012 02:26:55 PM §215,800-$199,900 

2U004187 

NEW 

01/12/201212:35:31 PM $215,000 

12004187 

WEW 

 G1/12/2012 12:35:31 PW 

XPD 

12/31/2010 12:02:56 AM ACTV->EXPD 

210102823 

NEW 

09/02/2010 01:18:06 PM 

$215,000 

NEW 

09/02/2010 01:18:08 PM 

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 

REAL ESTATE ONE-W. 

REAL ESTATE ONE-W 

REAL ESTATE ONE-W

once stay 

Lemmy 

STATE OF MICHIGAN 

: 

~ 

DERARTRENT OF LICENSING AND REGULATORY AFFAIRS 

k 

BUREAU 

OF PROFESSIONAL LICENSING 

CERTIFIED GENERAL REAL ESTATE APPRAISER LICENSE 

RAYMOND. PARK 

0 METL 

oat we. 

DOIRATION 

3) 

= 

N 

1205002719 

B75 enon 

2H13L100537 

——

Board of Review 

** Notice of March Board of Review Decision ** 

FROM 

CHARTER TOWNSHIP OF WEST BLOOMFIELD 

(248) 451-4850 

311712026 

BOARD OF REVIEW 

4550 WALNUT LAKE ROAD 

WEST BLOOMFIELD, Mi 48323 

NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: 

SCHMIDT, RYAN & NICOLE 

PROPERTY 

1860 ALLENDALE AVE 

IDENTIFICATION: 

WEST BLOOMFIELD M1 48324-1209 

X -18-03-108-017 

SCHCOL DISTRICT: 

WEST BLOOMFIELD SCHOOL DIST. 

PROPERTY ADDRESS: 

1860 ALLENDALE 

THIS PROPERTY IS CLASSIFIEDAS 

401 

(RESIDENTIAL-IMPROVED) 

PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 

HOMESTEAD PERCENT: 

100% 

The Board of Review has examined your 2026 Assessed Value and/or Capped Value and has made the following decision. 

PETITION NUMBER: 64 

DATE: 03/06/2026 

CHANGE REASON: 

Market Evidence 

iia 

To 

CHANGE 

1. ASSESSED VALUE: 

378.530 

342,500 

36,030 

2. CAPPED VALUE: 

330.331 

330.331 

3. TAXABLE VALUE: 

330,331 

330.331 

4. TENTATIVE EQUALIZATION FACTOR: 

1.000 

oN 

__ 

== 

E 

5. STATE EQUALIZED VALUE: 

378,530 

| 

342500 

| 

-36,030 

8. There WAS/WAS NOT a transfer of ownership on this property in 2025: 

WAS NOT 

Il there was a transfer of ownership on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State 

Equalized Value. 

If there was not a transfer of ownership on your property in 2025, the Capped Value formula is used. The 2026 Capped Value 

formuia is the 2025 Taxable Valve, minus Losses, increased by the Inflation Rate Multiplier of 1 027 plus Additions. Taxable 

Value is the lower of Assessed Value or Capped Value. Your taxes are levied on the Taxable Value. 

Further appeal of valuation may be made to the Michigan Tax Tribunal by May 31. 2026 

for commercial real, industrial real, 

developmental real, commercial personal, industrial personal, and utility personal property. The final date for further appeal to 

the Michigan Tax Tribunal of valuation for agricultural real, residential real. timber cut-over real, and agriculturat persenal 

property is July 31, 2026. The petiton must be a Michigan Tax Tribunal form or a form approved by the Michigan Tax 

Tribunal. 

Michigan Tax Tribunal forms are available at www.michigan.gov/TaxTrib. 

Property Classification Appeals ONLY can 

be appealed to the State Tax Commission by June 30, 2026 at: State Tax Commission, Classification Appeals, PO Bax 30471, 

Lansing MI 48909. 

CHARTER TOWNSHIP OF WEST BLOOMFIELD 

BOARD OF REVIEW 

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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