19-76-602-001-00 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-I19-76-602-001-00 0 0 0 0 2022 0 0 0 0 2023 0 0 0 0 2024 64,300S 64,300 18,600 45,700 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 LC BASE PARKING 2.80 4200 10 100 1,176 Total Estimated Land Improvements True Cash Value = 1,176 * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value M-21 COMME 2.50 PER SQ FT 36590 SqFt 2.50000 100 91,476 0.84 Total Acres Total Est. Land Value = 91,476 Land Value Estimates for Land Table 00400.00400.COMMERCIALS M-21 (CAPAC RD) 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 SE /14 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 565.47 FT TO POB; TH N 79 20 00 W 135.07 FT; TH N 10 40 00 E 45.00 FT TO 45 FT ROW LINE FOR CAPAC RD/M-21; TH ALONG SAID ROW LN N 79 20 00 W 62.60 FT; TH N 09 49 13 E 40.00 FT; TH S 79 20 00 E 102.72 FT; TH S 09 49 13 W 236.16 FT TO POB. CONT 0.840 ACRE. SPLIT/BOUND ADJ FOR 2025. Tax Description RSAA PROPERTY LLC 986 CESAR CHAVEZ PONTIAC MI 48340 Owner's Name/Address 525 E CAPAC RD Property Address 2025 Est TCV 128,655 TCV/TFA: 99.89 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-I19-76-602-001-00 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: C Quality: Low Cost Stories: 1 Story Height: 12 Perimeter: 148 Base Rate for Upper Floors = 69.25 (10) Heating system: Forced Air Furnace Cost/SqFt: 12.59 100% Adjusted Square Foot Cost for Upper Floors = 81.84 Total Floor Area: 1,288 Base Cost New of Upper Floors = 105,410 Reproduction/Replacement Cost = 105,410 Eff.Age:58 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 45 /100/100/100/45.0 Total Depreciated Cost = 47,435 ECF (00400.COMMERCIALS M-21 (CAPAC RD)) 0.759 => TCV of Bldg: 1 = 36,003 Replacement Cost/Floor Area= 81.84 Est. TCV/Floor Area= 27.95 ** ** Calculator Cost Data ** ** Quality: Low Cost Heat#1: Forced Air Furnace 100% Heat#2: Space Heaters, Gas with Fan 0% Ave. SqFt/Story: 1288 Ave. Perimeter: 148 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Finished 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 1955 Depr. Table : 1.5% Effective Age : 58 Physical %Good: 45 Func. %Good : 100 Economic %Good: 100 Class: C Floor Area: 1,288 Gross Bldg Area: 1,288 Stories Above Grd: 1 Average Sty Hght : 12 Bsmnt Wall Hght Desc. of Bldg/Section: Calculator Occupancy: Garages - Service/Fleet Facilities Repair *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 1 of 1 Printed on Parcel Number: 44-I19-76-602-001-00 07/01/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 44-I19-76-602-001-00, Commercial/Industrial Building 1 Printed on 07/01/2025 Parcel Number: 44-I19-76-602-001-00, Commercial/Industrial Building 1 Printed on 1st/sl 28 12'H 46’ SERVICE 1288 ft? *** Information herein deemed reliable but not guaranteed*** 07/01/2025