20-27-300-040-02 rc.pdf
Rsaa Property LLC, Petitioner Vs. City Of Imlay City, Respondent · 25-001710-TT
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*** Information herein deemed reliable but not guaranteed*** LAPEER County: CITY OF IMLAY CITY Jurisdiction: Printed on Parcel Number: 44-I20-27-300-040-02 0 0 0 0 2022 0 0 0 0 2023 0 0 0 0 2024 111,700S 111,700 46,400 65,300 2025 Taxable Value Tribunal/ Other Board of Review Assessed Value Building Value Land Value Year Land Improvement Cost Estimates Description Rate Size % Good Cash Value Commercial Local Cost Land Improvements Description Rate Size % Good Arch Mult Cash Value AVE BASE PARKING 4.00 7000 10 100 2,800 Total Estimated Land Improvements True Cash Value = 2,800 * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value COMM N CED 1.00 PER SQ FT 130680 SqFt 1.00000 100 130,680 3.00 Total Acres Total Est. Land Value = 130,680 Land Value Estimates for Land Table 00300.00300.COMMERCIALS N CEDAR ST Who When What Level Rolling Low High Landscaped Swamp Wooded Pond Waterfront Ravine Wetland Flood Plain Topography of Site Dirt Road Gravel Road Paved Road Storm Sewer Sidewalk Water Sewer Electric Gas Curb Street Lights Standard Utilities Underground Utils. Public Improvements Vacant Improved X The Equalizer. Copyright (c) 1999 - 2009. Licensed To: City of Imlay City, County of Lapeer, Michigan Comments/Influences PART OF NE 1/4 SEC 17, T7N-R12E; COMM E 1/4 COR SAID SEC 17; TH N 02 04 55 E 429.74 FT TO C/L CAPAC RD/M-21; TH ALONG SAID C/L N 79 20 00 W 1008.01 FT TO INTERSECTION CAPAC RD/M-21 & N CEDAR ST/M-53; TH ALONG C/L N 01 26 42 E 609.66 FT; TH S 89 41 22 E 50.00 FT TO EASTERLY ROW LN N CEDAR ST/M-53 & POB; TH N 01 27 42 E 78.39 FT; TH S 88 58 08 W 17.02 FT TO 33 FT ROW LN OF N CEDAR ST/M-53; TH N 01 26 42 E 137.99 FT TO APPROXMIATE C/L BELLE RIVER; TH S 88 33 18 E 495.00 FT; TH S 01 26 42 W 67.00 FT; TH S 89 43 10 E 477.42 FT; TH S 02 04 55 W 48.70 FT; TH S 88 45 21 W 455.12 FT; TH S 09 49 13 W 79.47 FT; TH N 89 41 22 W 488.65 FT TO POB. CONT 3.00 ACRES. BOUD ADJ FOR 2025. Tax Description RSAA PROPERTY LLC 986 CESAR CHAVEZ PONTIAC MI 48340 Owner's Name/Address 632 N CEDAR ST Property Address 2025 Est TCV 223,481 TCV/TFA: 190.03 MAP #: P.R.E. 0% School: IMLAY CITY COMMUNITY SCHOOLS Status Number Date Building Permit(s) Zoning: B-3 GEN Class: COMMERCIAL-IMPROVE 100.0 PROPERTY TRANSFER 3408/369 19-MULTI PARCEL ARM'S LEN WD 06/21/2024 310,000 RSAA PROPERTY LLC SHULL JOSEPH 0.0 NOT VERIFIED 3408/365 14-INTO/OUT OF TRUST OTH 06/24/2024 1 SHULL JOSEPH J SHULL JOE (D) Prcnt. Trans. Verified By Liber & Page Terms of Sale Inst. Type Sale Date Sale Price Grantee Grantor 07/01/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 44-I20-27-300-040-02 Printed on 07/01/2025
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical X Few Average Many Unfinished Typical X Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil X (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: D Quality: Low Cost Stories: 1 Story Height: 10 Perimeter: 140 Base Rate for Upper Floors = 134.07 (10) Heating system: Complete H.V.A.C. Cost/SqFt: 29.11 100% Bsmnt Heating system: No Heating or Cooling Cost/SqFt: 0.00 Adjusted Square Foot Cost for Upper Floors = 163.18 Adjusted Square Foot Cost for Basement = 59.51 Total Floor Area: 1,176 Base Cost New of Upper Floors = 191,900 Reproduction/Replacement Cost = 191,900 Eff.Age:43 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 52 /100/100/100/52.0 Total Depreciated Cost = 99,788 Basement Area: 1,120 Base Cost New of Basement = 66,651 Eff.Age:43 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 50 /100/50 /100/25.0 Total Depreciated Cost = 16,663 Total Depreciated Cost (Upper floors and basement) = 116,451 Unit in Place Items Rate Quantity Arch %Good Depr.Cost WOOD DECK 8.62 64 1.00 52 287 Local Cost Items Rate Quantity/Area %Good Depr.Cost <<<<< Calculations too long. See Valuation printout for complete pricing. >>>>> ** ** Calculator Cost Data ** ** Quality: Low Cost Heat#1: Complete H.V.A.C. 100% Heat#2: Forced Air Furnace 0% Ave. SqFt/Story: 1176 Ave. Perimeter: 140 Has Elevators: *** Basement Info *** Area: 1120 Perimeter: 136 Type: Storage Basement Heat: No Heating or Cooling * Mezzanine Info * Area #1: Type #1: Office (No Rates) Area #2: Type #2: Office (No Rates) * Sprinkler Info * Area: Type: Low Low X Ave. Above Ave. High Construction Cost Comments: Overall Bldg Height Year Built Remodeled Depr. Table : 1.5% Effective Age : 43 Physical %Good: 52 Func. %Good : 100 Economic %Good: 100 Class: D Floor Area: 1,176 Gross Bldg Area: 1,176 Stories Above Grd: 1 Average Sty Hght : 10 Bsmnt Wall Hght : 8 Desc. of Bldg/Section: Calculator Occupancy: Restaurants *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 1 of 1 Printed on Parcel Number: 44-I20-27-300-040-02 07/01/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 44-I20-27-300-040-02, Commercial/Industrial Building 1 Printed on 07/01/2025 Parcel Number: 44-I20-27-300-040-02, Commercial/Industrial Building 1 — canopy 224 ft* 14 28' 1st/b FF RESTAURANT 10'H 1176 ft? 42 *** Information herein deemed reliable but not guaranteed*** iY 2 Printed on 07/01/2025