Interior Photos

[Borower_____ James D PARHAM _
Property Address 9100 Hopkins Rd 7 2

| cay ___North Chesterfield County Chesterfield Sate_VA Zip Code 23237
LendevGignt___Kim Chandler

Bedroom #3 BR #3
Den/Office Facing Kitchen
1/2 Bath on Left/Side entrance door

Half Bath Attic Insulation
(used for storage) Pull-Down Attic stairs

Form PICINTE - "TOTAL" appraisal software by ala mode, inc. - 1-800-ALAMODE


e . PARHAM
Certifications File No: 20KCO6

[Property Address: 9100 Hopkins Rd 7 __City: North Chesterfield ‘State: VA. Zip Code: 23237,
Client: KIM CHANDLER Adress: 4124 E Parham Rd, Henrico, VA 23238

Appraiser: Donna K Fuller Address:
APPRAISER'S CERTIFICATION

\ certify that, to the best of my knowledge and belief:

~ The statements of fact contained in this report are true and correct.
~ The credibility of this report, for the stated use by the stated user(s), of the reported analyses, opinions, and conclusions are limited only by

the reporid assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and
Conclusions

- | 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.

~ | have no bias with respect to the 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

- | did not base, 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 personal inspection of the property that is the subject of this report

- Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification.

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
to a fair 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 well 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 made 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 Financial 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,
FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, 1994.

ADDITIONAL CERTIFICATION: The intended use of this appraisal as stated in the report form is for the lender/client to evaluate the property to
evaluate the property that is the subject of this appraisal for a mortgage finance transaction. No other intended uses have been communicated
and none are assumed pursuant to USPAP. This appraisal is developed strictly and solely in accordance with those intended uses
communicated to the appraiser at the time of engagement.

Please note that only a primary lending institution can make a decision with respect to a mortgage finance transaction. Non-lenders and
secondary market participants do not make these decisions and their uses, if any, have not been communicated to me the use of this appraisal
feport for other than the specified purpose shown i the appraisal report is adequate grounds for report to be considered NULL and VOID.

APPRAISER'S STATEMENT: | 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 the assignment,

The appraiser has been engaged to form an opinion of value. If subsequent developments or disagreements should arise, users of this
appraisal agree that the appraiser may not be held liable for damages in excess of the amount he/she was paid for doing the appraisal

Acceptance of, and/or use of, this appraisal report constitutes acceptance of the above conditions.

Chart Contact Cnet Tae KIM CHANDLER
E-Mail_Liz@ChandlerPLC.com. Address: 4124 E Parham Rd, Henrico, VA 23238
‘APPRAISER ‘SUPERVISORY APPRAISER (if required)
or CO-APPRAISER (if applicable)
tf ib. Dore, k .
Fl Supenisory or
ky ‘Appraise Name: Donna K Fuller Co-Appraiser Name: — 7
| Company: Donna K Fuller, Appraiser Company: ss
a 804. Fac Phone: - Fax
Ewail: Donna fuller@gmail.com a EMait —
Date Repo Signe: (05/26/2020 —_ Date Repo Signed -
License or Certification #: 4001002473 State: VA | License or Certification #: _—
Designation: Certified Residential Appraiser J esignation:
Expiration Date of License or Certification: 12/31/2021 _ Expiration Date of License or Certification: = -
Inspection of Subject: 2X Interior & Exterior () Baterior Only oO Inspection of Subject: (1) Interior & Exterior (J Exterior Only None
Date of Inspection: 2/22/2020 Date of Inspection:
RESIDENTIAL Tapyipte O07 aa oe, eT TOT Tay be rocdued umradTed WBA WRC FeOTETI,POREE, AE Mae De RITONEOD aC
Form GPRES2AD - TOTAL" appraisal software by ala mode, inc, - 1-800-ALAMODE 2007


Estimated cost to Repair Subject

[9100 HOPKINS ROAD

REMOVE
TRAILOR 6000]
REPLACE CARPET 5000]
AND PAD.

PAINT OUTSIDE
TRIP & REPAIR
WHERE NEEDED. 3000]

REPAIR DECK 3000]

KITCHEN CLOOR

SECURE SUB FLOOR

REPLACE VINYL 3000]
REPAIR SHED FOR.

FURNACE (REMOVE
ISIDING/REPLACE 3000]

Drvieway: Some
grading & full gravel 1500]

24500)

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


Photograph Addendum

Borrower JamesDPARHAM

Property Address 9100 Hopkins Rd 7

city North Chesterfield _____ County Chesterfield Sate VA lip Code 23237
LenderGlent__Kim Chandler

Rear Yard view of homes in adjacent Furnace shed (not rotten board at top right)
subdivision

Replace/repair wood soffits

Form PICSIX2 - "TOTAL" appraisal software by ala mode, inc. -1-800-ALAMODE


Borrower
[Property Address
City

Lender/iient

James D PARHAM

9100 Hopkins Rd _

North Chesterfield

Kim Chandler

Livin ; %
9 Kitchen °
Uncov.Stoop First Floor
[26 Sq ft] [821 Sq ft]
Tora sh 4 rs Area Calculations Summary
Living Area Caleulation Details
Fist Floor 221 Sait 245 x 28= 686
10% 13.5= 135
Uncov.Stoop 20Sat sx4 = 20
Total Living Area (Rounded): B41 sat
Non-tiving Area
Uncov.Deck 90 Sqr 0x9 = 90
Uncov.Stoop 2s Saft 65x4 = 26
Furnace Shed 22 Sqr 4x55 = 2

Form SKT.BLOSKI - "TOTAL" appraisal software by ala mode, inc.

1-800-ALAMODE



Supplemental Addendum File No. 20KCO6.

Borrower James D PARHAM - —_
Property Address _9100 Hopkins Rd
City North Chesterfield County Chesterfield =

LenderClient___Kim Chandler

Continued from Signature Page:

This is a Restricted Appraisal Report and the use of this report warns that the rationale for how the appraiser arrived at the
opinions and conclusions set forth in the report may not be understood properly without additional information.

INTENDED USERS: The intended user of this appraisal report is stated on the lender/client line in the report. Use of this appraisal
by other users is not intended by the appraiser otherwise identified by the client as being an intended user. All other third parties
are considered to be unintended users and the appraiser assumes no obligation, liability or accountability to any third party and
potential buyer or outside lender contemplating purchase or mortgage activity on this ;property is urged to seek a separate
opinion of value from a competent and duly licensed/certified appraiser.

EXPOSURE TIME: The estimated market value is based on a reasonable exposure time of approximately 3 to 30 days.

ADDITIONAL NOTES: Subject property is marked "Fair Condition" for purposes of this report and is due to the amount of
recommended repairs should the house go on the market for sale. Overall, the construction of this full brick house is good. Itis
Noted that public sewer is not available to this home site. The condition of the septic system is unknown.

In researching Subject property form competing sales, it became evident that homes of this size and in this are of Chesterfield
County are selling very rapidly and, in fact, per listing agents are brining in multiple offers. This is most probably due to the fact
that new homes in the County start in the mid $300,000. This makes these more mature properties in less than prime condition
a desirable purchase for investors whose desire is to flip. Often these properties are selling for above list price at t his moment in
time.

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



Photograph Addendum

city North Chesterfield
LendevGlient Kim Chandler

Sute VA ZpCode 23237

ACROSS STREET (Shows another street just Front showing Trailer & circular drive
beyond Hopkins Road) (needs grading/gravel)

Tailor Left side
(Furnace shed needs replacement siding
and door)

Shed (no value-personal property)

Form PICSIX2 - TOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE


EXHIBIT

APPRAISAL OF REAL PROPERTY

LOCATED AT
9100 Hopkins Rd
North Chesterfield, VA 23237
Route 637

FOR
Kim Chandler

OPINION OF VALUE
93,000

AS OF
2/22/2020

BY
Donna K Fuller
Donna K Fuller, Appraiser

804-690-3310
Donna fuller@gmail.com

Form GA2V - “TOTAL” appraisal sofware by a la mode, inc. - 1-800-ALAMODE


Photograph Addendum

Borrower James D PARHAM,
Property Address 9100 Hopkins Rd
city North Chesterfield Courty Chesterfield State VA Zip Code 23237

Lender(Client__Kim Chandler

200 amp electrical breakers New Bath (8 years)
(BR #1)

Bedroom, #2 Bedroom #2 (closet)

Form PICSIX2 - “TOTAL” appraisal software by a la mode, inc. - 1-800-ALAMODE


Photograph Addendum

[Borrower James D PARHAM — _

Property Address 9100 Hopkins Rd a -

City ___North Chesterfield ___County Chesterfield State_VA Up Code 23237
LenderGlent___ Kim Chandler

Crawl space No insulation in Crawl

Another view of Trailer

Rake boards plus under eaves of home Bedroom #1
need scraping/painting)

Form PICSIX2 - “TOTAL* appraisal software by a la made, inc, - 1-800-ALAMODE


Subject Photo Page

Borrower James D PARHAM _
Property Address 9100 Hopkins Rd —

North Chesterfield County Chesterfield State VA Zip Code_23237
Lender/Cient___Kim Chandler

Subject Front
9100 Hopkins Rd

Subject Rear

Subject Street

RIGHT

Form PICPIX.TR - "TOTAL" appraisal software by ala mode, inc. - 1-800-ALAMODE


PARHAM
iting Conditions & Scope of Work FileNo:_20KCO6

Assumptions, Li

Property Address: 9100 Hopkins Rd _Ciy: North Chesterfield State: VA Zip Code: 23237
Ciert: KIM CHANDLER ____heltess: 4124 E Parham Rd, Henrico, VA 23238

Appraiser. Donna K Fuller Address:
‘STATEMENT OF ASSUMPTIONS & LIMITING CONDITIONS

~ The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised 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.

ae appraiser may have provided a sketch in the appraisal report to 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 flood 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 located in an identified Special Flood Hazard Area.
Because the appraiser is not a 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 appraisal of the property in question, unless specific
arrangements to do so have been made beforehand.

- If the 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 appraisal and are invalid if they are so used. Unless otherwise specifically indicated, the cost approach 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, depreciation, 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
Fesponsible 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 obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she
Considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibilty 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 his or her appraisal report
and valuation conclusion on the assumption that completion of the improvements will be performed in a workmanlike manner.

~ An appraiser'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
Tequirements 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
advertising, public relations, news, sales, or by means of any other media, or by its inclusion in a private or public database.

~ An appraisal of real property is not a ‘home inspection’ and should not be construed as such. As part of the valuation process, the appraiser
Derforms a non-invasive visual inventory that is not intended to reveal defects or detrimental conditions that are not readily apparent. The
Dresence of such conditions or defects could adversely affect the appraiser's opinion of value. Clients with concems 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, etc.): The appraiser has been engaged to form
an opinion of value. If subsequent developments or disagreements should arise, users of this appraisal agree that the appraiser may not be
held liable for damages in excess of the amount he/she was paid for doing this appraisal.

Acceptance of, and/or use of, this appraisal report constitutes acceptance of the above conditions.

Note: The use of this report warns that the rationale for how the appraiser arrived at the opinions and conclusions set forth in the report may
not be understood properly without additional information.

INTENDED USERS: The intended user of this appraisal report is stated on the lender/client line in the report. Use of this appraisal by other
users is not intended by the appraiser, unless otherwise identified by the client as being an intended user. All other third parti
Considered to be unintended users and the appraiser assumes no obligation or accountability to any third party and potential buyer or
outside lender contemplating purchase or mortgage activity on this property is urged to seek a separate opinion of value from a competent
and duly licensed appraiser.

PJRESIDENTIAL —semarnesoan- ota apa sotarety samo ne 1804008 tT


Comparable Photo Page

Borrower James D PARHAM. —

Property Address 9100 Hopkins Rd = =

Cty North Chesterfield __County Chesterfield Sate_vA Zp Cove_23237
Lender/Client_ Kim Chandler

Comparable 1
2521 Elliham Ave

NOTE: Photo Taken From CVMLS

Comparable 2
9912 Proctors Rd

NOTE: Photo Taken From CVMLS

Comparable 3
3006 Perlock Rd

NOTE: Photo Taken From CVMLS

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


Subject’s Location Map

Borrower James D PARHAM -
Property Address 9100 Hopins Rd _ ——
Ci North Chesterfield County Chesterfield State_VA Tip Code 23237

Lender/Glent___Kim Chandler

e ‘ £
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$ —- :
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3a Belo Manor
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Victorta Hills
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Form MAP.LOG - "TOTAL" appraisal sofware by ala mode, inc. - 1-800-ALAMODE


RESTRICTED USE APPRAISAL REPORT fete: 2HCIO

My esearch [J id cid not reveal any prior sales or transfers ofthe subject property forthe three years prior to the effective date offs appraisal.

Data Source(s): _ Chesterfield County Tax Assessor
ig 1st Prior Subject Sale/Transter Analysis of sale/transfer history and/or any current agreement of sale/listing: Most recent transfer of Subject to current
|| Date: 7/12/2018 = owner is assumed to be by will. The 2nd prior sale (original purchase) for $2,500 appears tobe alot —_
ePrice: 7 sales. = _ :

Soute(s): Tax Assessor 7 7 _

2nd Prior Subject Sale/Transter — _

Dae: 9/06/1962 — - -

Price $2,500 = - - _ _

Source(s) Tax Assessor

‘Subject Market Area and Marketabilty: ‘Subject is situated in the local CVMLS zone of 52. Competing properties were selected from the more

refined location south of Kingsland Road, east by |-1/301 (Jefferson Davis Highway) and west by SR-10 and south by WWII-SR188 (or near
these boundaries). Subject is situated near numerous subdivisions of larger and similar sized properties and is convenient to shopping and
major highways. It is noted that Subject is unusual in its location outside of a subdivision on a one acre parcel with dense woods across the _
‘street. It would be reasonable to assume that this area will be developed into single family housing at some point in time.

MARKET

‘Ste Area: 1.0 acre ‘Ste View Woods ‘Topography. Mostly Level Drainage: “Appears Adequate
Zoning Classification: A _ _ _____ Description: Agricultural _
= _ ____Zoning Compliance: Legal_["") Legal nonconforming (grandtathered) [egal [_] No zoning
Highest & Best Use: DX Present use, or [Other use (explain) _
Actual Use as of Effective ate’ Single Family Residential _____Use a8 appraised in tis report Single Family Residential
Ophion of Highest & Best Use: Single Family Residential — :
FEMA Specl Food Hazard Area__[_] Yes Q] No FEMA Flood Zone _ x FEMAMap #_51041C0164D FEMA Map Date 12/18/2012 _
Ste Comments: It is noted that Subject is unusual in its location outside of a subdivision on a one acre parcel with dense woods across the
street. Subject is connected to public water, but public sewer is not available to this site. There is a large, very old single wide trailer on this
property which should be removed. Its in very poor condition and is considered personal property (not taxed by the county),

Improvements Comments: There is a wall A/C built into the living room wall. Overall condition of Subject property is overall Fair due tothe very
Poor condition of the attached shed (which houses the oil furnace) with hardboard siding that is mostly rotten as is the door & door frame. __
There exterior trim (overhangs/rake boards) need painting and some repair. The wood deck (decking/rails/pickets) are rotten and dangerous
and need to be replaced with new wood and copper flashing where the deck meets the house. The posts in the ground appear to be in good
nndition. On the interior, the carpet/pads all need replacing. The kitchen floor squeaks which is an indication that the sub flooring needs to
;crewed down or possible replaced. The vinyl flooring needs replacing. The walls/ceilings are in good condition. Fumace is 20 years oid

hot water heater & vinyl windows/roof 8 yrs (there was a house fire 8 years ago). Circular Drive needs new gravel & some grading.

Indicated Value by: Sales Comparison Approach$ 93,000

Indicated Value by: Cost Approach (if developed) $ Indicated Value by: Income Approach (i developed) §

Final Reconciliation

IMPROVEMENTS.

This appraisal is made DX} “asis". [J subject to completion per plans and specications on the basis of a Hypothetical Condition that the improvements have been
‘Completed, [] subject to the following repairs or akerations on the basis of a Hypothetical Condtion that the repairs or atterations have been completed, [_] subject to
the following required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration ot repair

RECONCILIATION

[_) This repor is_also subject to other Hypothetical Conditions and/or Extraordinary Assumptions as specified in the attached addenda
Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limting Conditions,
and Appraiser’s Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subject
fot this report is: $ 93,000 asf: 2/22/2020 , which is the effective date of this appraisal.
It indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this report. See attached addenda,

{ea A true and complete copy of this report contains 48 pages. including exhibits which are considered an integral part of the repo. This appraisal tepod may nol be
iz property understood without reference to the information contained in the complete report
|= | Attached Exhibits:
iS i scope of Work © Limiting Cond Ceriticaions DX Narrative Addendum [% Photograph Addenda %& sketch Addendum
=| 2% Map Addenda CO additional Sales 5S Est Cost to Repair Addenda — (] Flood Addendum Manuf. House Addendum
1<|_{_) Hypothetical Conditions [11 Extraordinary Assumptions __[) ia i=

(Chent Contact: Client Name: KIM CHANDLER

E-Mail Liz@ChandlerPLC.com Address: 4124 E Parham Rd, Henrico, VA 23238

‘APPRAISER [SUPERVISORY APPRAISER (if required)

or CO-APPRAISER (if applicable)

y
Womne k Td J

|
Ey Superson o
| Appraiser lame: Donna K Fuller _____] Co-Appraiser Name: —
Company: Donna k Fuller, Appraiser Company: _
8 re 804-690-3310 Fax Phone; — Fax _ — _
E-Mail: Donna fuller@gmail.com _ E-Mail

Date of Report (Signature)

Date of Report (Signature): 05/26/2020 7
State: VA | License or Certtication #

License or Certficaton #: 4001002473

Designation: Certified Residential Appraiser Designation: a -
Expiration Dae of License or Cetficaton: 42/31/2021 Expiration Date of License orCetficaton;
Inspection of Subject OK Interior & Exterior — [Exterior 0 Inspection of Subject Co Interior & Exterior [] Exterior Only] None
Date of Inspection: __ 2/22/2020 Date of nspecton:

‘GeeyigD FOTO aa mode nT Tor ay De eodocedunmogteg WOM WHEE PONE Rowe aT Tee TDs STUNG and CD
Pp RESTRICTED Form GPRTD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 5/2010



Oonna Fuller, Appraiser

PARHAM
RESTRICTED USE APPRAISAL REPORT File No: _20KCO6
Property Address: 9100 Hopkins Rd City: North Chesterfield Sia: VA__Zip Code: 23237
| Sounty:_ Chesterfield _ Legal Description: Route 637 _
i : Assessor's Pacel #: _785669515900000 : 4
Tax Year: 2020 RE. Taxes: $ ‘Special Assessments: $ Borrower (if applicable): James D PARHAM. -
‘Current Owner of Record: James D PARHAM Occupant: 5X Owner __[] Tenant} Vacant__| ["] Manufactured Housing
[Property Type: OX SFR) 2-4 Family [_) _ # of Units: [ Ownership Restriction: | None [] PUD [-] Condo [-] Coop
‘Market Area Name:__ Hopkins Road ‘Map Reference. 40060 Census Tract: 1008.15 (1) Flood Hazard
| The purpose of this appraisal is to develop an opinion oF TX Market Value (a5 defined), or |] other type of value (describe)
| Ths report reflects the folowing value (f not Curent. see comments). [BX Curent (the inspection Date is the Etfectve Dato) [_] Retrospective __(_) Prospective

15 | Approaches developed for this appraisal DX Sales Comparison Approach [| Cost Approach _[ ] Income Approach _[_] Other:
: | Property Rights Appraised: DX Fee Simple [") Leasehold") Leased Fee _[_} Other (describe)
ie

Intended Use. Legal purposes _ -
Under USPAP Standards Rule 2-2(), ths is Restricted Use Appraisal Report, and is intended only forthe sole use of the named client, There are no other intended users. The
client must clearly understand thatthe appraiser's opinions and conclusions may not be understood properly without additional information in the appraiser's work

Client: KIM CHANDLER Address: 4124 E Parham Rd, Henrico, VA 23238 _
Appraiser:__ Donna K Fuller Address: _PO BOX 7261, Richmond, VA 23221
FEATURE [___ suBlecT ‘COMPARABLE SALE #1 COMPARABLE SALE # 2 CONPARABLE SALE #3
[Address 9100 Hopkins Ra [2521 Ellinam Ave 19912 Proctors Rd 3006 Periock Ra
North Chesterfield, VA 23237 __|North Chesterfield, VA 23237 __|North Chesterfield, VA 23237 _|North Chesterfield, VA 23237
Proximity to Subject 2.39 miles NE 1.42 miles SE 1.19 miles SE
Sale Price s - is 99,999] s 122,000} s 141,950]
Sale PricelGLA s sqit|S 69.44 isa. is 117.31 isa Ss _149.42 /saf
Data Source(s) Interior Inspec. _ |CVMLS#2012263 ICVMLS#1934013 ICVMLS#2008299
Verfication Source(s) _|Tax Assessor __|Tax Assessor Tax Assessor Tax Assessor
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION | +() SAdust. | DESCRIPTION | +()$Adjust_| DESCRIPTION | +(-)$ Adjust
Sales or Financing nla Cash Cash FHA |
Concessions nla __|None Known None Known ____|None known
Date of SaleTime ____|5113/2020 12/02/2019 ___ }s108/2020
Fights Appraised | Fee Simple Fee Simple Fee Simple ___|Fee simpie
Location Rural —_ |ava/Subdiv, o|Avg /Subdiv olAva/Subdiv. | |
Ste 10acre ‘oS acre +9,000)0.3 acre +5,000|0.277 acre +5,000]
View ‘Woods. [Avg./Subdiv. o|Avg /Subdiv. 7 o|Avg /Subdiv. ol
Design (Style) Ranch/Brick Ranch/Brick [Ranch/Brick Ranch/Brick-Vinyl rt)
[Quay of Construction | Avg, ——_|ava. Avg. Ava
Age 56 72 048 ale oss of
Condition Fair lava lava. olFair |
‘Above Grade Total en] Baths | Total [Bérms| Baths Total | Bdrms] Baths | Total | Bérms| Baths -
Room Count [s|2] 11 [s|[3] 2 3,000] 5 | 3 | 2. -3,000] 5 | 3 | 4 +3,000]
Gross Living Area 841 sqft 1,440 satt| 10,78: 4,040 sat 3,58 950 sat ~1,962|
Basement &Fnisted [None INone None None
a¢|Rooms Below Grade Inia Inia nia inva _
Avg, va. [ Avg, Avg,
_|Gas/FWA-NoCAC |FWAICAC -3,000|FWA/CAC -3,000|EBB/No CAC
[Energy Efficient tems _|insul. Windows —_|Storms Olinsul windows insul. Windows
| Garage/Carpor None None INone [
PorcvPatoyDeck Deck Deck Deck None +1000]
Fumace Room ‘Attach-No Value [0 lo lo
Es - [ New Kitchen -15,000]
3 | REPAIRS REPAIRS NONE _|__-24,500]NONE -24,500|NONE -24,500]
3 - - ___|Workshop-320 st 4,800]
cai a D+ &- Is -32,282| X- |s  -29082] [+ M- |s -37,262|
‘Adjusted Sale Price
of Comparables s 67,717 u 92,918} $ 104,688}
Summary of Sales Comparison Approach The three sales selected were the very best sales with similar age, ranch style, brick construction

(Sale #3 has brick front and vinyl on three sides). All sales closed within the past 5 months. Site adjustments based on the difference in the
site assessements as compared with Subject's site assessment. (Subject’s 2020 tas assessment: $42,000 land: $67,500 Improvements,
$109,500 total 2020 tax assessemnt). There was no age adjustment because all properties had been updated. Least weight given to Sale 1
due to large GLA differences

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(J RESTRICTED Form GPRTD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE 52010



Interior Photos

Borower James D PARHAM - =

Property Address 9100 Hopkins Rd _ =

City North Chesterfield _ County Chesterfield = ‘State_VA Zip Code 23237
LenderGient___Kim Chandler

Living Room (wall a/c) Living Room

(facing kitchen)

Kitchen Kitchen

Kitchen Worn Kitchen Floor

(poor photo)

Form PICINTS - “TOTAL* appraisal software by a la mode, nc, -1-800-ALAMODE



Comparable Sales Location Map
[Borrower James D PARHAM. -
Property Address _9100 Hopkins Rd eS
City North Chesterfield County Chesterfield State_VA Tip Code 23237
LenderGient__Kim Chandler

a la mode, inc.

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Bensley fi
Village 5]
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ae
Drewrys Bluff 2521 Blliham Ave
2.39 miles NE
; ¥
i
Bellwood | i
1
4 \
Beulah 4 1
Village *
Deterse Supply Center tuchmand i
\
Chimney |
Sinauong gy COMMer |
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Bellwood Manor

COMPARABLE No. 3
3006 Perlock Rd
1.19 miles SE

Quail Oaks
28

COMPARABLE No. 2
9912 Proctors Rd

1.42 miles SE

Centralia

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Form MAP.LOG - "TOTAL" appraisal software by ala mode, inc. - 1-800-ALAMODE