26-002260.pdf
Wayne R McCullough Petitioner V Township Of Scio Respondent · 26-002260-TT
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Page 1
:
RECEIVED
VE 0)
JUN 1 82026
STATE OF MICHIGAN
MICHIGAN TAX TRIBUNAL
GRETCHEN WHITMER
DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS
MARLON &. BROWN, DPA
GOVERNOR
LANSING
DIRECTOR
PROPERTY TAX APPEAL ANSWER FORM
VALUATION / UNCAPPING
MTT DOCKET NO. 26-002260
Section 1: Respondent’s Contact Information
Unit of Government
Mailing Address (No., Street, P.O. Box or Rural Route):
Wayne R. McCullough
City or Town:
State:
ZIP Code:
Ann Arbor
M
2
734-302-7546
Email Address (do not enter unless you want MTT to send all correspondence via email):
drmccull1 @aol.com
Section 2: Respondent’s Attorney/Authorized Representative’s Contact Information
}
First Name:
ML:
Last Name:
Firm Name {if any):
Mailing Address (No., Street, P.O. Box or Rural Route):
City or Town:
State:
ZIP Code:
Telephone Number:
Emait Address (do not enter unless you want MTT to send all correspondence via email):
Section 3: Subject Property Information
Are the parcels listed by Petitioner contiguous or adjoining?
If no, list all parcels that are adjoining in separate groupings. Attacha
separate sheet if necessary.
[1] Yes
[H} No
[v4] Not
Applicable
Does the subject property have a Principal Residence Exemption of 50% or more for all tax years at issue?
71 Yes
O NoPage 2
STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR Section 4: Explain Your Answer to this Appeal A substantial increase in assessed property value (939,600) was implemented over the original taxable value (862,422). The increase is not substantiated in either market value or current market appraisal (attached). Consideration is also not given to the Natural Preservation Easement covering about a third of the lot which limits appeal and property value (attached). Section 5: Jurisdictional Issues IF PETITIONER IS APPEALING THE TRUE CASH AND/OR TAXABLE VALUES Did Petitioner protest the assessment at a Board of Review (BOR)? Yes [Hl] No If yes, check which BOR Petitioner attended: [i] March (} July O December If the July or December BOR revised the assessment(s) at issue, did it have authority? [0] Yes O No If yes, cite the Board's authority. Was the assessment at issue established as the result of a clerical error or mutual mistake of fact? [Hl] Yes No If yes, explain Is Petitioner appealing from a State Tax Commission Order? 0 Yes vi] No If so, what is the issue date? IF PETITIONER IS APPEALING THE UNCAPPING OF TAXABLE VALUE When was the Notice of Uncapping, if applicable, issued? Under what statutory section was the Taxable Value uncapped? Section 6: Valuation Information *use the multiple parcel form for additional, contiguous parcels. Parcel Number: H-08-01 -300-031 Classification of Property: Real] Personal [J (check one) Agricultural) Commercial J Industrial J Residential @ Timber-Cutover [J Developmental [J Utility DO (check one)
Page 3
APPRAISAL OF REAL PROPERTY MTT Dost No. 2b-0022L0 LOCATED AT 3404 Oak Hollow Dr Ann Arbor, MI 48103 See attached addenda. FOR Wayne & Michele McCullough OPINION OF VALUE Fe ol AS OF 04/14/2026
Page 4
[ER
Floto:
23345
Pupsly Ades:
3404 Oak Hollow Dr.
Ann Arbor
SE M1
Tp Code: 48103
Souty:
Washtenaw
Legal Deseo:
See attached addenda.
5
Assessors Parcel #:
H-08-01-300-031
Sie
2008
RE Tues: § 32 065+/-
Special Assessments: §
Bortower (f pelcabie:
7 | Curent Quer of Record:
Wayne & Michele McCuilough
Occur
DQ Ow
[J Tenwd
|] Vacant
[J Merlchued Hous
Peet Typs.
[J P® _ [] Condomniom
[1 Cooperative
1] Other (descr)
WKS
go
[payer
[] permontn
Markel rea Naz.
Scio Township
Wap Reference: 11460
Census Trak 4530.00
The purpose of this appraise! is 10 devedap 2n opinion of:
DR) Worked Valae (a5 defied), tc
1] otber typa of value (describe)
Ths report refects
the Sokmwng vehi (1 nok Cnet, Seb Commens);
5) Curent {i inspection Dali the Elect Date)
[7] Revospectiee
[7 Prospective
E ‘Apptosches zvetoped for 0% appraisal
4) Saks Comparison Approach
DQ) Cost Approach
[| ome Approach
{52% Reconcaton Gormeeds and Scope of Work)
5 Pop Fs opie
DQ fesbimge
[| Losehdd
[| Leas
mE)
Z|[mendxdthe:
Estimate
opinion
of value for tax assessment.
g ened Uses) (by nam: o ype):
Wayne & Michele McCullough
Cent
Wayne & Michele McCullough
Mts
3404 Oak Hollow Drive, Ann Arbor, MI 48103
Mogae:
pean W. Dryer
Addiess:
pO Box 1265, Ann Arbor, MI 48106-1265
Location:
LJ Urban
Suburban
[1 Rud
Predominant
One-tnit Rousing
Presenl Land Use
Change
in Land Use
sup:
{5 Over 75%
[Joss
[1] Under2s
Ocaupancy
PRICE
AGE
oot
60% | DQ) Hottiey
Growth sale:
[] Rapid
BQ) stabi
(7 sow
[4 Owner
$006}
os
{24um
$7) tkety*
[] inProcess >
glPoyos:
[J howdy
[X) Sabo
[7] Destaing
[7 Teent
00
lw
go
[Meum
%|
to
©
Dsante:
(] Storage
5 inde
[] OvrSupply
| I) Vacant (95%)
2.000
BH
gg
oom
%
Gf |atebgts
DQ Uodrdbos
[]36Mes.
[1] Orson
| [7] veo
o5%)
00
Pe
30
[Vacant
an
& Market Area Boundaries, Description, and Maske? Condos (inckuding suppodt
fo the above characteristics and beads):
Joy road borders the area to the north,
ag
Maple road to cast, Huron River Drive to the south and Delhi road to the west, The neighborhood is located within the township of Scio,
g
approximately 3 miles northwest of the Ann Arbor city limits, This area is also located within the Ann Arbor area schoo) district. Homes in the area
15 | are comprised of various styles, sizes and ages and are improved on acreage sites that range from 1 to 2 acres in size, Most of the housing in the area
Eg
is of good quality construction and at the upper price levels for the Ann Arbor area, The Huron River runs east and west through the neighborhood.
3
| The demand for vacant and improved property in the subject’s neighborhood has historically been strong due to its proximity to Ann Arbor and the
river.
Dimensions:
Jrregular - See Attached Plat Map
Seehez
2.60 ac
Zoring Classticaton:
Al
Descripfon:
General Agriculture
Tork
Complace:
[J led
[1] Lege nonconforming (randatesed)
[lied
[] toning
Are CCBRs apphcadle?
[]Yes
[te
[7] Unknown
Hava the documen's been reviewed?
[]Yes
[1 Ro
Giound Rent
( applicable)
$
/
Highest & asl Use as knprorod:
DK Present
se, of
[3] Gdher
use {explain}
Highest and best ase for the subject is its current use as a single family
dwelling.
Actus! Use
as of Efectve Date:
Single Family Dwelling
Use as appraised in this repo:
Single Family Dwelling
Suamenary
of Highest & Best Use:
‘The most probable use of land or improved property that is legally
possible, physically possible, financially feasible
3
(and appropriately supportable) from the market, and which results in maximum profitability.
£
8
Utifties
Puic
Other
ProviduDescipton
Off-site improvements
Type
Pubic
Prive | Topography
Slopes to Street
~
{| Beatoy
xX
OJ
Street
Asphalt
0
xX
[s=
Typical For Area
a Gas
x
CO
CutyGuter
None
0
OO
[sue
Irregular
a [Wes
0
X
wen
Stews
None
0
0
aba
Appears Adequate
SuvaySewer
[7]
DA
Septic
Stestlighs
None
OO
we
Wooded
oo]
SomSewer
[7]
[]
Nome
ey
None
[|
Oe sha domes,
DQ belelol
[]Comerkol
| J GB Sw
DX) Unibond Uikes
{| Ober (dori)
FEMA Spec Flood Hazard Area
[Yes
Ho
FEMATROS Zone
X
FEA #
26161C0235E
FEMA Map Bate
4/3/2012
Se Comments:
The subject site has a conservation easement at the rear portion of the site that includes approximately 3/4 of an acre, The use of the
casement aren is restricted and dges not allow any improvenients such as a shed, fencing, pool or the planting of trees. There is insufficient data
available to the appraiser to determine the effect the easement has on the subject’s value; however, some reduction in value should he considered due
to the limited use of this restricted area,
General Description
[Exlerior Description
‘Foundation
Basement
[] tone
Heating
# dl Units
1
[7] Acerit | Foundation
Concrete
Sb
NA
MeaSoR
3253
We
PAI
# of Stories
1
Exterior Walks
Brick
Craw Space
NJA
% Finished
[1}
Fut
Gas
Twe
OQ Dt [Av
[1]
Root Surtacs
Asphalt Shg
Basemenl
100%
Geng
Design (1%)
Ranch
Gers
&Dwnsgls.
Alumingm
SurpPump
[3
Waks
Cooling
{9 isto
[] Proposed
[_] Und.Cons.
1 Window Type
Casement
Dangress
[7]
Flax
Cenlel
Central Air
Actual Ag (Yrs)
2022
StormySieens
Screens
Seeman
Nope Noted
|OsMeEny
yes
Corer
| Hecie bss)
5
biestabn
None Noted
£ |aterior Description
Appaances.
Atte [[] tone Ameniies
Car Storage
[Nl] Hove
§ Fours
Carpet Wood/Good {Peter
[sas
[meses
3
Wodstoel) £
Gump
Hocus
{
g
To)Page 5
Fletho:
23345
Myssearth
— [] dd
x "Gd not reveal any prior Sais of rarsters of fhe sublect proparty Jor 2 Tee years prior to the effective date of Uiks appraisal.
N DatzSoncelsh
Assessment Records
E
ot Prior Subject SaeTansler
Avy
of sebfansfs tistory andar
any cen agreement of saleffstng:
The subject has not sold within the past
2 ad
N/A
three years. There are no other sales within the past year reported on the comparables used.
I
|
Price:
I] Source(s):
or
2
rv Prior Subject Sale/Transtes
FS
Date:
Price:
Source(s):
SALES COMPARISON
APPROACH TO VALUE (if developed)
[] The Sakis Gomparisoa
Apploach was ot developed
for his appraisal
FEATURE
|
SUBJECT
COMPARABLE SALE # 1
COMPARABLE SALE # 2
COMPARABLE SALE # 3
Adis
3404 Oak Hollow Dr
3250 Oak Hollow Dr
3808 E Joy Rd
3867 Hawk Crest Rd
Ann Arbor, MI 48103
Ann Arbor, MI 48103
Ana Arbor, M1 48105
Ann Arbor, MI 48103
Provirdy to Sublect
0.12 miles E
5.82 miles Ei
4.72 miles §
Sde Pie
id
$1,608,500
$1,400,000)
$1,867,500
Sale PriceiGLA
$
MR
329.81 ft
$299.21 fat
$449.46 Mat
Data Soce(s)
RCOMP #81025038596;00M 117 [RCOMP #20251043779;DOM 39
_|RCOMP #81025032829;D0M 21
Veffcation Source(s)
Assessment Records
Assessment Records
Assessment Records
VALUE ADJUSTMENTS
DESCRIPTION
DESCRIPROR
+) $ Adjust.
DESCRIPTION
+{3$ Adpst.
DESCRIPTION
+) $ Adist.
Sales t¢ Fanci
Conv. Mtg.
Cash
VA Loan
Concessions
Date of Sa/Fine
11/26/2025
10/31/2025
09/04/2025
Rights Appraeed
Fee Simple
Fee Simple
Fee Simple
Fee Simple
Loczlor
Private/Court
Private/Court
County Road
+100,000| Private/Court
hd
2.60 ac
3.29 ac
-70,000§5.25 ac
-100,00012,95 ac
-50,000
Yew
Wooded
Wooded
Wooded
Wooded
Design (Sif)
Ranch
Traditional
Ranch
Contemporary.
Quay of Construction
Good
Good
Good
Superior
-200,000
ge
4
23
+25,000§22
+25,000}12
+10,000,
Condition
Goo
Average
+50,000| Renovated/Good
Good
Above Grade
Told
| Bdmrs
Bats
Tod | Baws
Bafs
Toi | Bdms
Baths
Told | Baws.
Baths.
-20,000
Room Count
91.4
4
j10]
4]
32
+50000
10 |
4 |
41
-10,0000
11]
5 |
3.1
+10,000
Grogs Ling Area
4,107 ®t
5150 S|
156,500)
4,679 WN
-85,800)
4,155 0
Basement & Fished
Full Watkout
Full Walkout
Full Walkout
Full Walkout
Roams Below Grade
Unfinished
Ree,Bed, Bath, Study
-100,000{ Rec, Bed, Bath, Study
-100,000]Rec,
Bed, Bath, Study
-100,000)
Functional Utiky
Average
Average
Average
Average
HegtnglCockng
FWA C/Air
FWA C/Air
FWA ClAir
GeoT/GeoT
Enesgy Efficient ems
None Noted
None Noted
None Noted
None Noted
[SaguCanon
3 Car Garage
3 Car Garage
3 Car Garage
3 Car Garage
g PurcPabyDeck
Por/Patio/SenP
PorclyDeck
+50,000Porch/Deck
+50,000} Por/Deck/SenP
&
g
Backup Generator
{None
+10,000{Backup Generator
None
+10,000|
z
2
g
3 [Net dusted (Toi)
[J+
OQ-
18
1s6s00]
[1+
D4-
|¢
120800
[J+
DK-
[$
-340,000)
| Adusted Saba Price
Jot Gepanabies
$1,502,000
$1,279,200
$1,527,500
© | Summary of Ses Comparison Approzct
Homes in the subject's neighborhood vary greatly in design, size, condition, features and appeal, which leads
to a wide range in sale prices and indicated values, The three sales that were used are considered to best represent the subject after considering all
available data from this market aren and are the most recent comparable sales available to the appraiser. All three sales are custom homes on similar
wooded sites ns compared to the subject, When concluding at the subject's opinion of value, most weight has been placed on sale #1, which is located
within the snme development as {he subject, Comparable #2 is located on a county road, which is inferior in overall appeal compared to the location
of the subject, which is located on a private drive with other similar homes, therefore, a plus adjustment was applied to its location itent, When
making the site adjustments consideration has been given to the difference in size compared to the subject site, plus the restricted easement area at
the rear of the subject's site. Comparable #3 is considered to be superior in overall quality when compared to the subject due to materials, features
and finishes
used in its construction. Comparable #1 is an older home that has been well maintained but has not had any recent updates, making its
overall condition appeal inferior to the subject, Comparable #2 has had recent renovations throughout, making its overall condition appeal equal the
subject, Sale #3 is considered to be equal in condition to the subject, It is common for homes in the subject's market area and price range to have a
finished basement, The appraiser is unable to bracket the subject's lack of basement finish as there are no recent comparabie sales that also have an
unfinished basement, requiring a large minus adjustment to each comparable.Page 6
Floto:
23345
COST APPROACH 10 VALUE (if developed)
1 “The Cost Approach was not developed foc fis appraisal.
‘Provids adequate information for replication
of the folowing cost figures and caloulabions.
‘Support
fr the opiréon of ite vase {summary of comparable fand sales or other methods
for estimating she vals):
Estimated site value has heen based on other
vacant site sales within the subject's market area over recent years.
ESTHATED |] REPRODUCTONOR __ [] REPLACEMENT
COST NEW
POON
OF SREVALUE
250,000
gj ouceoleosttsls
Typical Local Building Cost
DWELLING
4,107 Si @s
821,400
& | Dual rai fom cost see:
Good
Etec
dale of cost dat:
2025
Basement
3,253 Shes
227,710
2 | Cammens on Cast Approach (eos Bing area cautions, dpreciaion, €c:
SIL@S
2
Cost figures are taken from typical Jocal construction cost,
Ses
g
SR @s
°
Porches, Patio, BackupGenerator.
175,000
Garage/Casporl
1,184 SR @%
148,000
Tota Esti
of Cost Hew
1,372,110
Less
Physical
Functional
Depceciaton
27,442
27,442
Degeecialed Cost of Enpeovements
1,344,668
hss" Vaz of Sie impronemenis
75,000
Estimated Reming Economic
Le (i required):
og
Yous [WORATED
VALUE BY COST APPROACH
1,669,668
CONE APPROACH T0 VALUE (1 developed)
TX] Toe corms Approach
was 1 developed
Fo 14s appraisal.
7 | Estonaied
Monthly Market Rent §
X Gross Rea Mitgher
I'D
Indicated
Vase by Income Approsch
§ ‘Summary of Income Approach (inciding suppor for market tent and GAM:
&
2
g
8
Zz
FROJECT INFORUATION FOR PUD (i applicatie)
TT ie Subjects part of a Pv Unk Devecprment.
Legal Nams of Project:
Descrid2 common elements and recteationd facts:
:
Trdicaled Valus by: Sales Comparison Approsch's
500,000
CoS Appioach
developed) s
660,668 __ oom Approach (developed) §
Final Reconcizbon
Primary consideration has been placed on the market approach to value. The cost approach supports value, The income approach
is not pertinent due to a lack of rental data in the arca duc to the fact that homes in the subject's neighborligod ave not typically purchased for rental
income purposes.
H [To
amas
5
moos
as
TT
ec
to compton per pas ad
epichcdtos
on
De bes
Of
a
Pypobeied Condon
Dal Ue
impovencrls
hare
deen
oO
fcompited,
[7] subset
bo
the
folowing
repairs
of
dherabons
on
the
basis
of
a
Hypothelcd
Condon
that
the
rpeks
or
asterafions
have
been
comphted,
[] sit
to
Ze
tobowng
tequred
bupecton
based
on
the
Dimodnay Assn
thal
De
condor
or
defidy
toes
not
muie
lean
OF
©9ET
There are no other
g
conditions noted, other than those listed in the attached Limiting Conditions.
{JT
ol
5
cho spd
10
che Hpohed Conions
mde
Bunardedy Assaghs
a5 speckiel
Bi Be
aahed wits
Based
on
Whe
degree
of
nspechon
of
the
subject
piopedy,
8
idicaled
below,
Ones
Scope
of
Work,
Statement
of
Assumplions
and
Liming
Conditions,
and
Appraisers
Ceclfications,
my
(ow)
Opinion
of
the
Market
Vale
(or
ober
specified
vale
type)
as
defined
herein,
of
the
rea)
properly
Wal
fs
the
subject
of
this
repon
is
$
1,500,000
Jase:
04/14/2026
,
which
is
the
effecive
dale
of
this
appraisal
¥
indicated
above,
this
Opin
of
Valu
is
suet
lo
Hypothical
Condifons
and/or
Eximordinery
Assumptions
inchded
in
Wis
repot
See
attached
addenda
Toe a0
cone Gop
Of Th ren coe
gp We. Wakng chu
Wah ac
Coedied
an VERA PN
0 Ue JOLT
appasd fp
may fol bs
Cloopety
ndesood
wahoo
refeience
lo
he
Woman
corned
hte
compkle
repo
g tached Bibs:
§)
DX scope
of Wark
[Limiting Cond/Certfications
[1 Nanative Addendum
D3 Photograph Addenda
DC Sketch Addendum
E{
D8 Map Addenda
{1 additional Sales
[J Cost Addendum
[J Flood Addendum
£3 Manuf. House Addendum
{1 Hypothetical Conditions
{1 Extraordinary Assumptions
[|
]
Gert Comat
Wayne & Michele McCullough
Coen lzme:
Wayne & Michele McCullough
EME
drmeculll@nol.com
Ades
3494 Oak Hollow Drive, Ann Arbor, MI 48103Page 7
Fok:
23345
Propety ABS
3404 Oak Holiow Dr
GY. Ann Arbor
Sale: pI
TnCott: 48103
Cet
Wayne & Michele MeCullough
Address:
Pppriser
Dean W, Dryer
Mins:
PO Box 1265, Ann Arbor, MI 48106-1265
STATEMENT OF ASSUMPTIONS & LIMITING CONDITIONS
The appraiser will not be responsible for matters of a legal nature that affect either the property being appratsed or the title to it. The appraiser
assumes that the title Is good and marketable and, therefore, will not render any opinions about the title, The property is appraised on the basis
of it being under responsible ownership.
- The appraiser may have provided a sketch in the appraisal report fo show approximate dimensions of the improvements, and any such sketch
is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size, Unless
otherwise indicated, a Land Survey was not performed.
-if so indicated, the appraiser has examined the available fiood maps that are provided by the Federal Emergency Management Agency {or other
data sources) and has noted in the appraisal report whether the subject site is tocated in an identified Special Flood Hazard Area. Because the
appraiser is nota surveyor, he or she makes no guarantees, express or implied, regarding this determination.
~The appraiser will not give testimony or appear in court because he or she made an appralsal of the property in question, unless specific
arrangements to do so have been made beforehand.
- {tthe cost approach Is included in this appraisal, the appraiser has estimated the value of the land in the cost approach at its highest and best
use, and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction
with any other appralsai and are invalid if they are so used. Unless otherwise specifically indicated, the cost appreach value is not an insurance
value, and should not be used as such.
~The appraiser has noted in the appraisal report any adverse conditions (including, but not limited to, needed repairs, deprectation, the presence
of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property, or that he or she became aware of during the
normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any
hidden or unapparent conditions of the property, or adverse environmental conditions (including, but not limited to, the presence of hazardous
wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and
makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any
such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the
appraiser is not an expert In the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of
the property.
~The appraiser obtalned the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she
considers to be reffable and belleves them to be true and correct, The appraiser does not assume responsibility for the accuracy of such items
that were furnished by other parties.
~The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal
Practice, and any applicable federal, state or local laws.
~ If this appraisal is indicated as subject to satisfactory completion, repairs, or alterations, the appraiser has based hig or her appraisal report
and valuation conclusion on the assumption that completion of the improvements wilt be performed In a workmanlike manner.
- Anappraiser's client is the party {or parties) who engage an appraiser in a specific assignment. Any other party acquiring this report from the
client does not become a party to the appraiser-client relationship. Any persons receiving this appraisal report because of disclosure requirements
applicable to the appraiser's client do not become intended users of this report unless specifically identified by the client at the time of the
assignment,
~The appraiser's written consent and approval must be obtained before this appraisal report can be conveyed by anyone to the public, through
adveriising, public relations, news, sales, or by means of any other media, or by its inclusion in a private or public database.
~ An appralsal of real property is not a 'home inspection’ and should not be construed as such. As part of the valuation process, the appraiser
performs a non-invasive visual inventory that is not intended to reveal defects or detrimental conditions that are not readily apparent. The
presence of such conditions or defects could adversely affect the appraiser's opinion of value. Clients with concerns about such potential negative
factors are encouraged to engage the appropriate type of expert to investigate.
The Scope of Work is the type and extent of research and analyses performed in an appraisal assignment that is required to produce credible
assignment results, given the nature of the appraisal problem, the specific requirements of the Intended user(s) and the intended use of the
appraisal report. Reliance upon this report, regardless of how acquired, by any party or for any use, other than those specified in this report by
the Appraiser, is prohibited. The Opinion of Value that is the conclusion of this report is credible only within the context of the Scope of Work,
Effective Date, the Date of Report, the intended User(s), the Intended Use, the stated Assumptions and Limiting Conditions, any Hypothetical
Conditions and/or Extraordinary Assumptions, and the Type of Value, as defined herein. The appraiser, appraisal firm, and related parties assume
no obligation, liability, or accountability, and will not be responsible for any unauthorized use of this report or its conclusions.
Additional Comments (Scope of Work, Extraordinary Assumptions, Hypothetical Conditions, ete.):Page 8
Fletlo: 23345 Property AGEs: 3404 Oak Hollow Dr OY. Aan Arbor Ste: vi Zp Code: 48103 Gal: Wayne & Michele McCullough Mess: Aalst Dean W. Dryer Mess. pQ Box 1265, Ann Arbor, MI 48106-1265 APPRAISER'S CERTIFICATION F certify that, to the best of my knowledge and belief: - The statements of fact contained in this report are true and correct. ~The credibliity of this report, for the stated use by the stated user(s), of the reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. 1 have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. ~ Unless otherwise indicated, | have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. have no bias with respect to ihe property that is the subject of this report or to the parties involved with this assignment. - My engagement in this assignment was not contingent upon developing or reporting predetermined results. ~My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the Intended use of this appraisal. ~My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared. ~1did not hase, either partially or completely, my analysis and/or the opinion of value In the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property, or of the present owners or occupants of the properties in the vicinity of the subject property. ~ Unless otherwise indicated, | have made a persona inspection of the property that is the subject of this report, - Unless otherwise indicated, no one provided significant rea! property appraisal assistance to the person(s) signing this certification. Additional Certifications: Real estate appraisers In the state of Michigan are required to be licensed and are regulated by the Department of Licensing and Regulatory Affairs, P.O. Box 30018, Lansing, M1 48909. DEFINITION OF MARKET VALUE *: Market value means the most probable price which a property should bring in a competitive and open market under all conditions requisite toa falr sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: 1. Buyer and seller are typically motivated; 2, Both parties are well informed or weil advised and acting in what they consider their own best interests; 3. A reasonable time Is allowed for exposure in the open market; 4, Payment is mada In terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and 5, The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. * This definition Is from regulations published by federal regulatory agencies pursuant to Title Xi of the Financlal Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National Credit Union Administration (NCUA), Federal Deposit insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and the Office of Comptroller of the Currency (OCC). This definition is also referenced in regulations jointly published by the OCC, OTS, ERS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, 1894. GentCovxct yyayne & Michele McCullough Cheat Ham: Wayne & Michele McCullough
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Supplemental Addendum HeB 33345 Ppaty AMES 3404 Oak Hollow Dr. on Ann Arbor Coty Washtenaw SZ MI Bos 48103 + GP Residential: Subject - Legal Description COM AT SW COR SEC 1, T2S, RSE; TH § 85-15-55 E 75.08 FT; THN 02-04-10 E 4.12 FT TO POB; THN 86-51-21 E 182.32 FT; TH N 60-18-30 E 188.79 FT; TH N 04-44-59 E 191.41 FT; TH N 56-35-53 E 50 FT; TH 92.04 FT ALG ARC OF CRY TO LEFT, RAD 266 FT, CENT ANG 19-49-28, CHD § 43-18-51 E91.58 FT; TH § 5§3-13-35 E 46.54; TH 75.68 FT ALG ARC OF CRV TO LEFT, RAD 263 FT, CENT ANG 16-29-16, CHD § 61-28-13 E 75.42 FT; TH § 20-17-09 W 50 FT; TH S 54-06-05 E 135.34 FT; TH S 47-32-10 W 198.90 FT; THN 73-50-52 W 237.74 FT; TH S 53-35-20 W 299.05 FT; TH N 40-53-10 W 76.25 FT; TH N 02-04-10 E 121.67 FT TO POB. 2.6 AC SPLIT ON 12/20/2002 FROM H -08-01-300-023;
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Plat Map Property Address 3404 Oak Hollow Dr ] Ann Arbor Counly Washtenaw sate m1 TpGode 48103 woo £ } H FE %, : ue 3 2 oa L4G % fa? -SE H- SW 2 oe . & 45 H H : £ = - 5 « E 261476 s 5 B Subject & N 3404 Oak Hollow Dr wt 3 %, “I 2 5 y 1 wT WO 3 * / ed NS 01 E Za if eos QO wa, 4 i) N wig l : BN N A) ya 7 *, we B “HF11-NE : @t PS Rod : Ei me 7 . . y 1 WWW wo H-11-NE oh 12-INW n, “© fe 5 3 2 5 ) & & # 4 %, H-11-NE H-12-NW
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| 541033 A Page: 1 of 4 PARE | WEL i 12/10/2001 10:080 4" ory Peggy M. Haines =~ Washtenaw Co. ERS L-4074 P-843 ia MTT Oaclast No 26-002260 Jerry L. Helmer and Ruthann Helmer, husband and wife, 5155 Jennings Rd., Ann Arbor MI 48105, hereby grant to Thomas D. Richardson and Michele J. Richardson, husband and wife, 111 N. Main, Ann Arbor, Ml 48104, their successors and assigns, a Natural Preservation Easement over the Southerly 300 feet of Parcel D-3 as described on Exhibit “A”, for the benefit of Parcel D-4 as described on Exhibit “A”. This easement creates the following burdens on the portion of Parcel D-3 encumbered hereby: a.) no structures or fences shall be erected; b.) no trash or other man made materials may be deposited on the easement area; owls Deed ce Disenssd ¢.) no trees shall be cutfior naturally occurring vegetation disturbed; and d.) no landscaping shall be performed. There shall be no right of entry onto the burdened property by the holder of the easement except to remove trash or other debris that may be deposited on the easement area by wind or through the actions of third parties. IN WITNESS WHEREOF, this easement is granted the gay of November, 2001. Whole Jerry L. Helmer
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Page: 2 of 4 RTL CRRA 3... Pegpy M. Haines ~ Washtenaw Co. ERS L-4074 P-843 I 5241033 STATE OF MICHIGAN COUNTY OF WASHTENAW The foregoing instrument was acknowledged before me this ue day of , 2001 by. rf L. Vv _o My Commission expires: 77 / 12 /05 (lu Pn Washtenaw Co., Michigan Christma M Fervros Drafted by Thomas D. Richardson Return to: 111 N. Main Street Thomas D. Richardson Ann Arbor MI 48104 111 N. Main Street Ann Arbor MI 48104 “Tax code: 0F -01-300-016 FT
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gthibi FA Enter legal description (continued) PARCEL D-4: A parcel of land located in the Southwest corner of Section Ts T2S, RSE, Scio Township, Washtenaw County, Michigan being more particularly described as follows: Commencing at the Southwest corner of Section 1, T2S, R5E, Scio Township, Washtenaw County, Michigan; thence along the South line of said Section 1 South 85° 15’ 55" East 75.08 feet; thence South 02° 04’ 10" West 117.55 feet; thence South 40° 537 10 East 76.25 feet to the Point of Beginning; thence North 53° 55¢ 20" East 299.05 feet; thence South 73° 50‘ 52" East 237.74 feet; thence North 47° 32’ 10" East 198.90 feet; thence North 54° 06’ 05" West 135.34 feet; thence North 20° 17' 09" East 116.00 feet to a non-tangential curve to the left; thence along said curve having a length of 22.12 feet a radius of 197.00 feet, a central angle of 6° 26’ 02", chord bearing South 72° 55’ 52 Eagt 22.11 feet; thence South 76° 08’ 54" East 55.64 feet to a tangential curve to the left; thence along said curve having a length of 50.85 feet; a radius of 197.00 feet, a central angle of 14° 47° 18", chord bearing South 83° 32’ 33" East 50.71 feet to a non-tangential curve to the left; thence along said curve having a length of 114.74 feet, a radius of 75.00 feet, a central angle of 87° 39’ 16", chord bearing South 24° 59’ 02" East 103.87 feet; thence South 21° 11’ 20" West 63.13 feet; thence South 47° 32’ 10" West 691.09 feet; thence North 40° 53’ 10" West 281.32 feet to the Point of Beginning. INGRESS AND EGRESS EASEMENT: Subject to and together with an easement for ingress and egress located in the Southwest corner of Section 1, T25, RSE, Scio Township, Washtenaw County, Michigan being more particularly described as follows: Commencing at the Southwest corner of Section 1, T2S, R5E, Scio Township, Washtenaw County, Michigan; thence along the South line of said Section 1 South 85° 15’ 55" East 75.08 feet; thence South 02° 04’ 10" West 117.55 feet; thence South 40° 53’ 10 East 101.34 feet; thence North 53° 55’ 20" East 347.94 feet; thence South 73° 50‘ 52" East 172.70 feet; thence North 47° 32’ 10" East 179.72 feet; thence North 54° 06’ 05" West 109.82 feet; thence North 20° 17‘ 09" East 50.00 feet to the Point of Beginning; thence North 20° 19‘ 09" East 66.00 feet to a
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Enter legal description (continued) to the left; thence along said curve having a length of 68.89 feet, a radius of 75.00 feet, a central angle of 52° 28’ 33n, chord bearing South 07° 23’ 41" East 66.32 feet to a non-tangential curve to the left; thence along said curve having a length of 75.34 feet, a radius of 263.00 feet, a central angle of 16° 24’ 49" chord bearing North 84° 21’ 18" West 75.08 feet; thence North 76° 08’ 54" West 55.64 feet to a tangential curve to the right; thence along said curve having a length of 29.53 feet; a radius of 263.00 feet, a central angle of 6° 26’ 02", chord bearing North 72° 55’ 52" West 29.52 feet to the Point of Beginning. Subject to and together with a private road known as Oak Hollow Drive being a non-exclusive easement, described as: Commencing at the SW corner of Section 1, T2S, RSE, Scio Township, Washtenaw County, Michigan; thence S 85° 15’ 55v E 75.08 feet along the South line of said Section; thence N 02° 04° 10" E 4.12 feet; thence N 01° 06’ 50" E 936.20 feet; thence S 85° 16’ 20" E 1309.21 feet; thence S 20° 32’ 10" E 230.68 feet; thence S 69° 27’ 50" W 200.00 feet; thence S 17° 45’ 40" E 587.99 feet thence, nontangentially, 94.63 feet along the arc of a 230.00 feet radius circular curve concave to the Southwest, delta 23° 34’ 21", chord bearing S 54° 57’ 05" E 93.96 feet; thence § 43° 09’ 50" E 22.50 feet; thence S 46° 50’ 10" W 163.30 feet to the Point of Beginning; thence S 46° 50’ 10" W 66.00 feet; thence N 43° 09’ 50" W 100.00 feet; thence 182.16 feet along an arc of a 263.00 feet radius to the right delta 39° 41’ 03" chord bearing N 23° 19’ 19" W 178.54 feet; thence N 03° 28' 47" W 94.54 feet; thence 387.96 feet along an arc of a 197.00 feet radius to the left, delta 112° 50’ 08", chord bearing N 59° 53’ 51" W 328.24 feet; thence 56.52 feet along an arc of a 50.00 feet radius to the left, delta 64° 46’ 05", chord bearing S 31° 18‘ 02" W 53.56 feet; thence 212.38 feet along an arc of a 75.00 feet radius to the right delta 162° 14’ 47", chord bearing N 43° 49’ 26" W 101.80 feet; thence 34.15 feet along an arc of a 50.00 feet radius to the left, delta 39° 08’ 12", chord bearing N 73° 52 02" E 33.49 feet; thence 561.02 feet along an arc of a 263.00 feet radius to the right, delta 122° 13’ 17", chord bearing Ss 64° 35' 26" E 460.54 feet; thence S$ 03° 28’ 47" E 94.54 feet; thence 136.45 feet along an arc of a 197.00 feet radius to the left, delta 39° 41’ 03", chord bearing S 23° 19’ 19" E 133.73 feet; thence S 43° 09’ 50" E 100.00 feet to the Point of Beginning; being part of the SW 1/4 of Section 1 and the NW 1/4 of Section 12, T2S, RSE, Scio Township, Washtenaw County, Michigan.
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McCullough i U.S. POSTAGE PAI 3404 Oak Hollow Dr. Retail FCM LG ENV == = MEE UMITED STATES ’ mm 48909 $ 2 . 1 7 RDC 99 $2324E501847-35 Mich wy Jax Tribunal P.o. Box 30232 Lanstag MT ug