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Cost Approach Summar~ Report <br /> <br />Estimate Number <br />Parcel Number <br />Property Owner <br />Property Address <br />ZIP/Postal Code <br /> <br />1481 <br />0740-24900 <br />Gary Rusche <br />2405 5th Avenue South 59 <br />58103 <br /> <br />Section 1 <br /> <br />Occupancy <br /> 100% Office Building <br /> Total Area <br /> Number of Stories (Section) <br /> Shape <br /> <br />Components <br /> HVAC (Heating): <br /> Warmed and Cooled Air <br /> <br /> Class <br />Wood or steel framed exterior walls <br />845 <br />1.00 <br />1.00 <br /> <br />Units/% <br /> <br /> 100% <br /> <br />Cost as of 07/2002 <br /> <br />Units/% <br /> <br />Cost <br /> <br />Height Rank <br /> 8.00 2.0 <br /> <br />Other <br /> <br />Total <br /> <br />Basic Structure <br />Base Cost 845 59.77 50,506 <br />Exterior Walls 845 14.54 12,286 <br />Heating & Cooling 845 22.96 19,401 <br />Basic Structure Cost 845 97.27 82,193 <br /> <br />Less Depreciation <br />Physical & Functional 14.0% <br />Depreciated Cost 845 <br /> <br />Miscellaneous <br /> Paving <br />Total Cost <br /> <br />845 <br /> <br />83.65 <br /> <br />86.02 <br /> <br />Building Value Rounded to Nearest <br />Land Value <br />TOTAL INDICATED PROPERTY VALUE <br /> <br />1,000 <br /> <br />Remarks for Section 1: <br /> Built 1955. Lot size: 6,500 sq. ft. <br /> Small house converted to office's and small stge. <br /> 1994 completely remodeled building all new windows, steel siding, <br /> new roof cover, new electrical service, all new floor cover and <br /> interior updated for use as insurance office. <br /> <br />11,507 <br />70,686 <br /> <br />2,000 <br />72,686 <br /> <br />73,000 <br />13,000 <br />86.000 <br /> <br /> <br />