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ValuationReport_26.pdf

Elizabeth Hagen, Craig Hagen Petitioners V Township Of Fabius Respondent · 26-000871-TT

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Page 1

Valuation Report

DB:

Fabius Twp 2026

07/10/2026

09:58 AM

Fireplaces

 Base Cost 352 16,910 11,330 

Class: C Exterior: Siding Foundation: 42 Inch (Unfinished)

 Common Wall: 1 Wall 1 -2,097 -1,405 

 Base Cost 504 23,471 15,726 

Class: C Exterior: Siding Foundation: 18 Inch (Finished)

Garages

 Treated Wood 216 4,387 2,939 

 Treated Wood 688 9,322 7,458 *80% Good

Deck

 CPP 380 7,851 785 *10% Good

Porches

 Water Well, 50 Feet 1 3,285 2,201 

 1000 Gal Septic 1 5,325 3,568 

Water/Sewer

 2 Fixture Bath 1 4,325 2,898 

Plumbing

 Basement, Outside Entrance, Below Grade 1 3,737 2,504 

Other Additions/Adjustments

 Total: 503,972 337,661

1 Story Siding Overhang 12 

2 Story Siding Basement 660 

1 Story Siding Basement 352 

1 Story Siding Basement 1,324 

Stories Exterior Foundation Size Cost New Depr. Cost 

Building Areas

Phy/Ab.Phy/Func/Econ/Comb. % Good=67/100/100/100/67

Ground Area = 2336 SF Floor Area = 3008 SF.

(11) Heating System: Forced Heat & Cool

Cost Est. for Res. Bldg: 1 Single Family RANCH Cls BC Blt 1945

 Total Estimated Land Improvements True Cash Value = 7,023

 0.00 100 54 0

 DRIVWAYS 0.60 750 80 360

Description Rate Size % Good Cash Value

Residential Local Cost Land Improvements

Retaining Wall: Precast,Ret. 17.62 324 54 3,083

D/W/P: 4in Concrete 6.82 730 49 2,440

Landscaping: Lawn seeding 0.57 5000 40 1,140

Description Rate Size % Good Cash Value

Land Improvement Cost Estimates

 96 Actual Front Feet, 0.61 Total Acres Total Est. Land Value = 231,934

3 FF RATE 1C 96.00 278.00 0.9518 1.1408 2225 100 231,934

Description Frontage Depth Front Depth Rate %Adj. Reason Value

 * Factors *

Land Value Estimates for Land Table 4750.4750 PLEASANT LAKE

LOTS 3-4. GEARHARTS LANDING. SEC 10 T6S R12W.

Map #: TOWNSHIP OF FABIUS THREE RIVERS, MI 49093 

Property Class: 401 57520 GEARHARTS LANDING RD 

75 004 160 003 00 2026 Est. T.C.V. HAGEN CRAIG & ELIZABETH

Page 2

Valuation Report

DB:

Fabius Twp 2026

07/10/2026

09:58 AM

 412,800 412,800 412,800 168,224 412,800 412,800

2026 Assessed MBOR S.E.V. Capped ->Taxable<- PRE/MBT

 0 -26,200 21,100 0 248,998 7,873

2026 New Eq. Adjustment Loss Additions Tax Adjustment Losses

 460,100 460,100 460,100 171,675 2.70

2025 Assessed MBOR S.E.V. Base for Cap IRM

Est. TCV/Total Floor Area = 274.50, Most recent sale 12/10/2025 for 745,000

2026 Est. T.C.V. 004 160 003 00 = 825,693

 ECF (4750 PLEASANT LAKE) 1.500 => TCV: 586,736

Notes: 

 Totals: 588,685 391,157

 Exterior 1 Story 1 8,197 5,492 

Parcel Number: 75 004 160 003 00 Page: 2

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