REO Agent Application - Mary Lou Castellanos

REO Agent Application
By: Mary Lou Castellanos
Mary Lou Castellanos
S a n F r a n c i s c o B r o k e r a g e  www.sothebyshomes.com
415.901.1769
Jeffrey Gibson, SVP & Managing Broker 117 Greenwich Street, San Francisco, CA 94111 T 415.901.1700 F 415.901.1701
[email protected]
TABLE OF CONTENTS
About Mary Lou Castellanos
Agent Profile
Overview of Team, REO Services & Resources
Marketing Team Chart
Ranked in the top 25
San Francisco MLS Agent Ranking Report
Professional References
Asset Manager References
Client Testimonials
REO Sales
List of REO Sales: October 2008 – Present
San Francisco MLS Report: REO Sales 2008-2012
BPO Experience
Exemplar BPOs completed 2010-2012
BPO Reports: 1783 Turk St, 3026 MLK Way & 776 59th St.
Insurance
Certificate of Insurance: E&O & General Liability
Service Areas
List of Cities and Zip Codes that Mary Lou & her team service
About
Mary Lou
Castellanos
Agent Profile, Her Team, & REO Services
Mary Lou Castellanos
Agent Profile
Career
♦ Over 23 years in residential real estate sales
♦ 22 years of REO sales experience
♦ Sold over 122 bank owned properties since
October 2008
♦ Corporate clients include: Bank of America, J.P.
Morgan Chase, HSBC, Capital One, Vericrest
Financial, Old Republic, Phoenix Asset Management
♦ Began at Fuller Commercial Brokerage in
commercial office leasing
♦ International Business degree from San Francisco
State University
♦ Represents local & international clientele
♦ Represented the buyer of the “Belli Mansion”, the
highest priced home ever sold in MLS history
♦ Ranked in the top 25 of all Sotheby´s agents
worldwide in 2009 & 2011
♦ Named one of NRT´s top 1,000 agents 2007-2011
♦ Founding member of the Luxury Market Council
♦ Invitational Speaker for Top Producer Panels
♦ Member of San Francisco Real Estate Roundtable
♦ Her work has drawn the attention of Bay Area
media & the Wall Street Journal
♦ Equator Platinum Agent Certified
♦ NAR, CAR and SFAR member
Personal
♦ San Francisco native who has traveled to 45+
countries
♦ Participant in the Slow Food Movement & member
of the James Beard Foundation
♦ Developed Pantry411.com - A website aimed at
assisting local foodies in finding & exploring local
ingredients
♦ Married to Vince Repetto
Charity
♦ Enterprise for High School Students: Board member
& co-chair for Private Collection Art Tour
♦ Pathways for Kids: Past President
Mary Lou Castellanos
DRE #00905399
Sotheby’s International Realty
117 Greenwich Street
San Francisco, CA 94111
[email protected]
415-901-1769
www.AtHomeWithMaryLou.com
Operated by Sotheby’s International Realty, Inc.
Mary Lou Castellanos
Overview of Team, Services & Resources
MARY LOU’s TEAM
 Hollis Bathen:








Full-Time Assistant, Licensed Real Estate Agent
Joined Mary Lou’s team in June of 2005
Ensures a seamless transaction from start to finish- from disclosure pages to trash-outs, rekeys to open houses
Graduated in 2001 from Santa Clara University with a B.A. in Art History
Certificate in Interior Design from the Interior Designers Institute
Personal: Marathon runner, triathalete, past Team in Training coach


Natalie Repetto:
 Marketing & Finance Assistant
 Spanish speaking
 Handles all reimbursement and bills for all REO listings
 Creates advertisements, postcards, mailers and online property advertisements
 Proficient in word, photoshop, web design & excel
 Junior at Mills College, majoring in Economics
Salvador Lopez Barr: Spanish Translator, attorney
Vince Repetto: San Francisco Off-Duty Police Officer to ensure secure property
inspections
Jorge Castillo: Contractor, Architect, Project Manager, Spanish Speaking
REO SERVICES
Mary Lou offers experience & expertise:
 Market Analysis – Detailed evaluation of the property to obtain the highest sales price
 Property Management – Everything from Cash for Keys to tenant management to
cleaning & maintenance
 Competitive Marketing – Properties can be advertised online, via email, and in print
 Expedited Closings – We screen buyers for pre-approval, and ensure thorough
completion of contracts so closings are quick & easy
RESOURCES
Mary Lou has a vast network of servicers to make comparing bids easy:









Locksmiths
Contractors
Haulers
Housecleaners
Landscapers
Painters
Permit Expeditor
Property Inspectors
Electricians









Plumbers
Carpet Layers
Hardwood refinishers
Handymen
Movers
Roofers
Stone Cleaners
Decorators
Termite & Pest Control
Mary Lou Castellanos
Marketing Team Chart
JEFFREY
GIBSON
Senior Vice President & Managing Broker MARY LOU
CASTELLANOS
Sales Agent
HOLLIS BATHEN
Licensed Sales Assistant
NATALIE REPETTO
SALVADOR LOPEZ BARR
MICHELLE TERMAN
JORGE CASTILLO
Marketing & Reimbursement
Coordinator
Spanish Translator &
Licensed Attorney
Transaction Coordinator
Permit Expeditor & Contractor
CEO NEWSLETTER Q4 2011
A MESSAGE FROM OUR PRESIDENT: KATHY KORTE
Greetings! I would like to take this opportunity to share with you our Top Producers of
2011. This year, I am very pleased to recognize our Top 25 Agents and Top 10 Teams by both
Closed Transaction Volume and Closed Transaction Sides, listed here in alphabetical order.
As you can see below, all of our markets are represented in 2011’s Top Producers. The
expertise, professionalism and success of these agents contribute significantly to our
reputation as the preeminent broker in the real estate industry today.
Please join me in thanking and congratulating our Top Producers!
Top 25 Agents of 2011 by Closed Transaction Volume
Steve Archino, Greenwich
Joseph Barbieri, Greenwich
BK Bates, Greenwich
Mara Flash Blum, Downtown Manhattan
Serena Boardman, East Side Manhattan
Barbara Boyle, Pacific Palisades
Mary Lou Castellanos, San Francisco
Marilyn Clark, Bridgehampton
Cristina Condon, Palm Beach
Michael Conroy, Southampton
Joy Denton, Beverly Hills
Roger Erickson, East Side Manhattan
Nikki Field, East Side Manhattan
Harald Grant, Southampton
Karen Heyman, Downtown Manhattan
Rylan Jacka, East Hampton
Gregg Lynn, San Francisco
Eva J. Mohr, East Side Manhattan
Ned Monell, Palm Beach
Beate Moore, Bridgehampton
Kelly Nelson, East Hampton
Ed Petrie, East Hampton
Lore Smith, Palm Beach
Jon Taylor, San Francisco
Dana Trotter, Bridgehampton
Top 25 Agents of 2011 by Closed Transaction Sides
Mara Flash Blum, Downtown Manhattan
Serena Boardman, East Side Manhattan
Boni Enten Bryant, Los Feliz
Bob Burbic, Santa Fe East Palace
Mary Lou Castellanos, San Francisco
Cristina Condon, Palm Beach
Michele Downing, Pasadena
Karen Heyman, Downtown Manhattan
Mike Jashinski, Carmel Rancho
Dan Johnson, Montecito Coast Village Road
Amanda Jones, San Francisco
Maria Lounibos, Wine Country
Gregg Lynn, San Francisco
Deborah Maxson, Pasadena
Paul McDonald, Santa Fe Main Downtown
Beate Moore, Bridgehampton
Mark Ogden, Pasadena
Fred Raznick, Santa Fe Main Downtown
Joe Reichling, Los Feliz
Anne Sanborn, Pasadena
Tina Shone, Wine Country
Darlene Streit, Santa Fe East Palace
Manvel Tabakian, Los Feliz
Jon Taylor, San Francisco
John Weyand, Cape Cod Falmouth
Top 10 Teams of 2011 by Closed Transaction Volume
MARKET NEWS
The Anand Team, East Side Manhattan
Filice Group, Sunset Strip
Knowing Santa Fe, Santa Fe Main Downtown
Neil Lyon Team, Santa Fe Grant Avenue
Martin & Sebastiani, Wine Country
As we discussed in 2010’s Q4 Newsletter,
that year was a strong one for our company,
as total closed sales volume exceeded 2009
by almost 30%. I am happy to report that our
markets remained resilient in the face of the
various economic challenges throughout the
year, posting an overall 2% increase in closed
sales volume in 2011 compared to 2010.
Several of our markets experienced increased
sales volumes, with Cape Cod, Palm Beach, San
Francisco and Santa Fe all enjoying double-digit
increases over the prior year. On a companywide level, the increase in 2011 closed sales
volume was driven by a 4% increase in sides,
partially offset by a 2% decrease in our
consolidated average selling price.
The Radcliffe Group, Pacific Palisades
Shayn Scott Group, Sunset Strip
Skubi & Gillespie, Santa Fe Grant Avenue
The Stein Team, Downtown Manhattan
WynneMorgensen, San Francisco
Top 10 Teams of 2011 by Closed Transaction SIDES
The Anand Team, East Side Manhattan
The Avery Group, San Francisco
The Kling Team, Westlake Village
Neil Lyon Team, Santa Fe Grant Avenue
Martin & Sebastiani, Wine Country
Susan & Brad Mohr, Pasadena
Santa Fe Team, Santa Fe Grant Avenue
Shayn Scott Group, Sunset Strip
Skubi & Gillespie, Santa Fe Grant Avenue
WynneMorgensen, San Francisco
References
References & Testimonials
Mary Lou Castellanos
Professional References
Asset Manager References
Cynthia Guandique: HSBC
Office: 909-397-3993
Email: [email protected]
Terri Leivas: Vericrest Financial
Office: 760-294-7939
Email: [email protected]
Marianne Metzger: LPS Asset Management Solutions
Office: 720-566-8498
Email: [email protected]
Susan Speer: LPS Asset Management Solutions
Office: 720-566-8235
Email: [email protected]
Marty Frank: Atlas REO Services
Office: 858-259-8758 X2538
Email: [email protected]
Mary Lou Castellanos
Testimonials
Asset Manager Testimonials
"All the paperwork in EQ is all nice and neat, labeled clearly. It is exactly how each agent
should have them uploaded. They should take notes from you two!"
You're absolutely my agent for all our high end properties in San Francisco!"
"I want to thank you for an amazing job well done on this file. We got it done in two weeks!
Thanks for all the help and I look forward to selling a TON more with you ladies."
Mary Lou was very helpful throughout the transaction and shared her knowledge with a
positive attitude. She shared work experience and displayed an eagerness to close this property
on time. She is a great agent and I’m looking forward in working with her in the future.
Client Testimonials
"There is no chance that this sale would have come to a successful conclusion without you. I
appreciate your hard work, your diligence, your patience, your initiative, your smarts, and most
of all your great attitude and professionalism. You did a remarkable job." - David O. Cantu
"If you are looking for a professional to sell your home, I would not hesitate to recommend
her. She is knowledgeable, had a distinctive marketing plan, and a great follow through." - Gary
Matus
"Your superior professionalism has placed you among the elite top 2% of all agents in the
industry's strongest company. Your achievement is even more impressive given that your highlevel of production occurred during what many now feel was the most challenging quarter of
our professional life time. You have truly proven that you are the best of the best." - Bruce
Zipf
"I wish to recognize your impeccable conduct and expertise throughout this transaction, and to
thank you for sensing the importance and delicate nature of this particular sale. You can be
assured that I will continue to refer business to you." - Jean Mastagni
"We are having a ball working with Mary Lou. She is indeed a sweetheart and I am certainly
going to miss her when this is all wrapped up. She makes me feel so comfortable working with
her." - Syble Serrell
REO Sales
History
October 2008 – Present
Mary Lou Castellanos
REO Sales: October 2008 - May 2012
Address Street List Price
Sales Price
2190
2234
355
1517-21
636
647
579
2006
1531
776
3153
1129
618-620
2058
2697
1204-06
7506
15696
6868
45
207
259
27826
157
30
1155
767
301
159
630
282
1360
1027
24
4601
2366
1761
12th Ave.
14th Ave.
1st St. #S301
23rd Ave.
39th Ave.
41st Ave.
44th Ave.
45th Ave.
50th Ave.
59th St. #4
61st Ave.
88th Ave.
Abbot Ave.
Alemany Blvd.
Alemany Blvd.
Allston Way
Altura Pl.
Anchorage Dr.
Arthur St.
Ashford Ave.
Augusta St.
Bayview Circle
Biscayne Ave.
Bradford St.
Brentwood Ave.
Brussels St.
Bryant St. #401
Byxbee St.
Canal St.
Campbell Ave.
Carlton Ave.
Clayton St.
Cole St.
Coleridge St.
Congress Ave.
Croyden Pl.
Crestwood Drive
$719,900
$258,900
$476,900
$209,900
$699,900
$760,500
$679,000
$629,000
$124,900
$124,900
$149,900
$64,900
$545,500
$359,900
$514,900
$509,000
$617,900
$456,900
$73,900
$281,900
$335,500
$314,900
$253,900
$305,900
$674,500
$414,900
$469,000
$519,900
$239,900
$484,900
$339,900
$792,000
$1,377,000
$329,000
$225,550
$254,900
$369,900
$720,000 $265,000 $470,000 $230,000 $673,000 $750,000 $807,000 $635,000 $128,000 $121,000 $130,000 $63,800 $540,000 $358,000 $525,000 $587,000 $617,000 $462,500 $73,000 $260,000 $380,000 $350,000 $249,900 $450,000 $674,500 $365,000 $466,000 $650,000 $245,000 $480,000 $303,000 $792,000 $1,450,000 $329,000 $46,000 $244,900 $338,000 Mary Lou Castellanos
REO Sales: October 2008 - May 2012
13
780
821
111
1337
1434
197
8505
36
150
2015
1341
149
301
61
830
8
279
2111
122
138
44
41
3090
780
1368
2312
322
1154
10782
1233
645
368
872
52
86
3300
1089
Daffodil Ln.
Dartmouth St.
Dartmouth St.
Day St.
Denlyn St.
Derby St.
Desmond St.
Dowling St.
Duboce Ave.
E Market St.
East 21st St.
East 27th St.
Elmira St.
Ethel Ave.
Fair Ave.
Felton St.
Flemings Ct.
Flournoy St.
Franklin St. #5
Galewood Cir.
Gambier St.
Garrison Ave.
Gladstone Dr.
Glascock St. #208
Goettingen St.
Goettingen St.
Gough St.
Hanover Ave. #403
Hawthorne St.
Hellman St.
Howard St. #716
Hurlingame Ave.
Imperial Way #208
Ingerson Ave.
Jennings Ct.
Jennings Ct.
Kelly St
Key Ave.
$235,400
$469,900
$481,900
$825,790
$359,900
$393,900
$98,000
$69,900
$39,000
$449,900
$228,900
$160,900
$389,900
$895,000
$603,900
$599,900
$299,900
$349,900
$797,000
$845,000
$476,900
$300,000
$534,900
$249,900
$485,000
$530,000
$2,142,000
$412,900
$699,000
$433,900
$965,700
$241,900
$149,800
$469,900
$209,900
$378,900
$269,900
$380,900
$280,000 $530,000 $490,000 $790,000 $425,000 $393,000 $270,000 $63,000 $40,000 $430,000 $230,000 $175,000 $405,000 $895,000 $565,000 $650,000 $255,000 $340,000 $799,000 $861,000 $478,000 $300,000 $515,000 $230,000 $491,000 $505,000 $2,210,000 $416,000 $725,000 $428,000 $965,000 $250,000 $152,800 $455,000 $210,000 $371,500 $275,000 $375,000 Mary Lou Castellanos
REO Sales: October 2008 - May 2012
1404
875
240
231
690
123
930
1055
1700
8767
1195
1444
1450
240
1737
6224
8100
2360
1805-09
5
1365
1712
1731
18
26358
1700
895
11
2785
43
1360
401
140
1445
9503
15
632
29
Lane St.
Le Conte Ave.
Lombard St. #731
Los Olivos Ave.
Market St. #1505
Marlin Ct. #52
Mission Rd. #27
Monterey Blvd.
Monterey Dr.
Mountain Blvd.
Munich St.
Newcomb Ave.
Newcomb Ave.
N. Bayshore Blvd. #317
Oakdale Ave.
Oakdale Ave.
Oceanview Ter. #117
Olympic Dr.
Page St.
Pepperwood Ln.
Portola Dr.
Quesada Ave.
Quesada Ave.
Redondo St.
Regal Ave.
Rheem Ave.
Rolph St.
Sala Terrace
San Bruno Ave.
Santa Cruz Ave.
Skyline Dr.
South Norfolk St. #205
S. Van Ness Ave. #719
Southgate Ave.
Stearns Ave.
Sunrise Ct.
Swallowtail Ct.
Teddy Ave.
$279,000
$449,800
$349,000
$624,900
$699,900
$387,900
$247,500
$949,000
$599,800
$244,900
$525,000
$314,900
$330,000
$296,900
$436,000
$329,900
$319,900
$621,000
$2,100,000
$769,900
$1,149,000
$393,900
$329,900
$384,900
$189,900
$130,725
$474,900
$560,000
$269,900
$399,900
$399,900
$339,900
$477,900
$542,520
$419,900
$567,900
$359,900
$481,900
$279,000 $470,200 $347,500 $680,000 $665,000 $370,000 $250,000 $949,000 $598,000 $245,000 $548,700 $270,000 $352,500 $263,000 $420,000 $322,600 $319,900 $688,000 $1,950,000 $759,900 $1,180,000 $422,000 $338,000 $380,000 $181,000 $132,175 $481,000 $600,000 $300,000 $385,000 $394,000 $340,000 $460,000 $571,000 $415,000 $573,000 $355,000 $513,000 Mary Lou Castellanos
REO Sales: October 2008 - May 2012
65
221
46
43
1551
601
26
1940
6
23
336
Teresa St.
Thrift St.
Tingley St.
Topeka Ave.
Van Dyke Ave.
Van Ness Ave. #4
Village Lane
Webster
Welch St.
Willits St.
Winchester St.
SALES VOLUME:
$434,900
$470,300
$472,500
$499,900
$314,900
$549,000
$636,800
$1,715,700
$749,900
$383,250
$414,900
$456,000 $500,000 $500,000 $466,000 $353,000 $540,000 $636,800 $1,660,000 $801,500 $399,500 $438,000 $59,986,175 Condo/Coop/TIC/Loft Agent One Line Report
Listings as of 04/05/12 at 9:51am
Page 1
Property Types: Condo/Coop/TIC/Loft, Lots & Acreage, 2-4 Units : Status: Sold (1/1/2008 or after) Listing Agent: (301994) Mary Lou Castellanos
St T MLS#
Address
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
8100 Oceanview Ter #117
3/G
122 Galewood Cir
4/D
2111 Franklin #5
7/B
690 Market St #1505 8/B
240 Lombard St #731 8/H
24 Coleridge St
9/A
140 South Van Ness Ave
9/F#719
767 Bryant St #401
9/F
1233 Howard #716
9/F
52 Jennings Ct
10/K
368 Imperial Way #20811/M
632 Swallowtail Ct
11/O
930 Mission Rd #27 12/C
401 South Norfolk St #205
13/J
45 Ashford Ave
14/E
3090 Glascock St #20819/J
8767 Mountain Blvd 19/J
322 Hanover Ave #40319/J
C
C
C
C
C
C
C
L
L
C
C
C
C
C
C
C
C
C
367640
337732
364518
381112
374704
377950
379008
365507
374753
370017
352639
379316
364161
379759
359056
384696
339668
334867
D/S
List/Sale $
319,900
861,000
799,000
665,000
347,500
329,000
460,000
466,000
965,000
210,000
152,800
355,000
250,000
340,000
260,000
230,000
245,000
416,000
OM/Sale Date BD
05/12/10
05/08/08
02/17/10
04/26/11
12/16/10
04/19/11
02/10/11
03/18/10
12/31/10
02/01/11
03/09/09
03/25/11
01/25/10
03/11/11
10/13/09
06/29/11
08/04/08
02/20/08
BA
PK
LO
2
2 1 No STHB
3 2.50 2 S N STHB
2
2 1 S N STHB
1 1.50 1 No STHB
1
1 1 No STHB
2
1 0 No STHB
2
2 0 Ye STHB
1
2 1 No STHB
2 2.50 1 S N STHB
3
2 2 No STHB
0
1 1 No STHB
2
2 2 No STHB
2
2 2 No STHB
2
2 2 No STHB
1
1 1 No STHB
2
2 1 No STHB
2
2 1 No STHB
2
2 1 No STHB
LA
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
DOM
59
40
46
67
96
157
57
39
120
228
22
70
45
40
84
38
109
64
Presented By: Mary Lou Castellanos (Lic: 00905399) / Sotheby's International Realty (Lic: 00338392)
IONS and is NOT WARRANTED. - Copyright: 2012 by San Francisco Assoc of REALTORS® Equal Opportunity Housing * All information deemed reliable, but not guaranteed
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
2-4 Units Agent One Line Report
Listings as of 04/05/12 at 9:51am
Page 2
Property Types: Condo/Coop/TIC/Loft, Lots & Acreage, 2-4 Units : Status: Sold (1/1/2008 or after) Listing Agent: (301994) Mary Lou Castellanos
St MLS#
S
S
S
S
S
S
383814
390852
378699
350609
356795
350634
Street Address
D/S
1805-1809 Page St 5/B
1360 Clayton St
5/G
1940-1942 Webster St6/C
618-620 Abbot Ave 11/A
1204-1206 Allston Way19/B
1517-1521 23rd Ave 19/J
List/Sale $
1,950,000
792,000
1,660,600
540,000
587,000
230,000
OM/S Dt #UN #PKG #VAC Sqft LO
07/29/11
01/26/12
02/11/11
02/06/09
08/21/09
01/27/09
3
3
2
2
2
2
3
0
2
2
2
0
5550
2 2267
2 2143
2 2170
2
2 3863
STHB
STHB
STHB
STHB
STHB
STHB
LA
DOM
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
M. Castellanos
96
99
59
42
83
28
Presented By: Mary Lou Castellanos (Lic: 00905399) / Sotheby's International Realty (Lic: 00338392)
IONS and is NOT WARRANTED. - Copyright: 2012 by San Francisco Assoc of REALTORS® Equal Opportunity Housing * All information deemed reliable, but not guaranteed
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Lots & Acreage Agent One Line Report
Listings as of 04/05/12 at 9:51am
Page 3
Property Types: Condo/Coop/TIC/Loft, Lots & Acreage, 2-4 Units : Status: Sold (1/1/2008 or after) Listing Agent: (301994) Mary Lou Castellanos
St MLS#
Address
D/S
S 393105
13 Daffodil Ln
14/E
List/Sale $
280,000
OM/Sale Date
03/06/12
~Acres
0.164
Zoning LO
STHB
LA
DOM
M. Castellanos 41
Presented By: Mary Lou Castellanos (Lic: 00905399) / Sotheby's International Realty (Lic: 00338392)
IONS and is NOT WARRANTED. - Copyright: 2012 by San Francisco Assoc of REALTORS® Equal Opportunity Housing * All information deemed reliable, but not guaranteed
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Single-Family Homes Agent One Line Report
Listings as of 04/05/12 at 9:48am
Property Type: Single-Family Homes : Status: Sold (1/1/2008 or after) Listing Agent: (301994) Mary Lou Castellanos
St MLS#
Street Address
D/S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
636 39th Ave
647 41st Ave
2190 12th Ave
2006 45th Ave
301 Byxbee St
221 Thrift St
1365 Portola Dr
1055 Monterey Blvd
30 Brentwood Ave
111 Day St
1027 Cole St
2312 Gough St
157 Bradford St
61 Fair Ave
1444 Newcomb Ave
1404 Lane St
1731 Quesada Ave
1450 Newcomb Ave
1551 Van Dyke Ave
18 Redondo St
1737 Oakdale Ave
1712 Quesada Ave
872 Ingerson Ave
895 Rolph St
1195 Munich St
279 Flournoy St
43 Santa Cruz Ave
2697 Alemany Blvd
11 Sala Ter
197 Desmond
44 Garrison Ave
630 Campbell Ave
1368 Goettingen St
29 Teddy Ave
2785 San Bruno Ave
138 Gambier St
780 Goettingen St
780 Dartmouth St
259 Bayview Cir
207 Augusta St
149 Elmira St
43 Topeka Ave
2058 Alemany Blvd
46 Tingley St
86 Jennings Ct
1089 Key Ave
1/E
1/E
2/A
2/B
3/B
3/J
4/G
4/N
4/P
5/C
5/E
7/B
9/A
9/A
10/A
10/A
10/A
10/A
10/A
10/A
10/A
10/A
10/A
10/B
10/B
10/D
10/D
10/D
10/D
10/E
10/E
10/E
10/E
10/E
10/F
10/F
10/F
10/F
10/G
10/G
10/G
10/G
10/H
10/H
10/K
10/K
352956
353125
347941
342634
343331
364376
379660
385624
359806
387398
378284
381462
362590
357270
360619
350861
340305
354872
372738
335932
387998
341658
382759
367353
353448
352602
378012
351374
345990
393414
343127
332323
333964
351385
381553
343875
335838
358983
393624
352828
350829
356717
382832
351216
348986
350897
List/Sale $ OM/Sale Date BD
673,000
750,000
720,000
635,000
650,000
500,000
1,180,000
949,000
674,500
790,000
1,450,000
2,210,000
450,000
565,000
270,000
279,000
338,000
352,500
353,000
380,000
420,000
422,000
455,000
481,000
548,700
340,000
385,000
525,000
600,000
270,000
300,000
480,000
505,000
513,000
300,000
478,000
491,000
530,000
350,000
380,000
405,000
466,000
358,000
500,000
371,500
375,000
06/02/09
05/18/09
11/13/08
07/18/08
08/14/08
02/25/10
03/03/11
06/28/11
01/06/10
11/30/11
12/08/10
03/31/11
11/13/09
08/26/09
02/19/10
06/08/09
06/27/08
07/29/09
08/31/10
05/16/08
10/06/11
06/20/08
05/20/11
04/21/10
07/06/09
04/10/09
02/04/11
05/05/09
11/13/08
03/23/12
09/12/08
03/18/08
02/18/08
02/25/09
03/25/11
07/29/08
03/03/08
08/14/09
03/30/12
03/19/09
05/12/09
10/01/09
11/10/11
02/27/09
05/15/09
02/25/09
3
2
2
2
3
3
4
3
2
3
3
4
2
4
3
2
2
2
3
2
3
3
4
3
2
3
3
2
3
3
4
2
2
3
1
2
2
2
2
2
2
2
1
3
3
2
Page 1
BA PKG LO
2
1
1
1
2
2
4
3
1
2.50
3
3.50
1
2
2
2
1
1
1
1
3
1
3
1
1
2
1
1
2
1
2.50
1
1
3
1
1
1
1
2
1
1
1
1
1
2
1
1
2
1
1
1
1
2
2
1
2
2
2
1
0
1
0
1
0
0
0
2
2
2
1
1
1
2
3
1
0
1
1
1
1
2
1
1
1
1
0
1
1
1
1
2
2
S
T
S
T
T
S
S
T
T
T
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
LA
DOM
M. Castellanos 82
M. Castellanos 58
M. Castellanos 16
M. Castellanos 29
M. Castellanos 7
M. Castellanos 43
M. Castellanos 41
M. Castellanos 23
M. Castellanos150
M. Castellanos128
M. Castellanos 19
M. Castellanos 21
M. Castellanos 12
M. Castellanos 84
M. Castellanos172
M. Castellanos113
M. Castellanos 61
M. Castellanos104
M. Castellanos 39
M. Castellanos106
M. Castellanos 46
M. Castellanos 27
M. Castellanos 40
M. Castellanos 32
M. Castellanos113
M. Castellanos 44
M. Castellanos 91
M. Castellanos 97
M. Castellanos 79
M. Castellanos 11
M. Castellanos 74
M. Castellanos152
M. Castellanos 62
M. Castellanos 36
M. Castellanos 8
M. Castellanos 24
M. Castellanos 25
M. Castellanos 23
M. Castellanos 33
M. Castellanos 28
M. Castellanos 79
M. Castellanos112
M. Castellanos217
M. Castellanos 25
M. Castellanos198
M. Castellanos 37
Presented By: Mary Lou Castellanos (Lic: 00905399) / Sotheby's International Realty (Lic: 00338392)
IONS and is NOT WARRANTED. - Copyright: 2012 by San Francisco Assoc of REALTORS® Equal Opportunity Housing * All information deemed reliable, but not guaranteed
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Single-Family Homes Agent One Line Report
Listings as of 04/05/12 at 9:48am
Page 2
St MLS#
Street Address
D/S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
875 Le Conte Ave
23 Willits St
150 East Market St
336 Winchester St
65 Teresa St
231 Los Olivos Ave
26 Village Ln
1360 Skyline Dr
1445 Southgate Ave
282 Carlton Ave
1761 Crestwood Dr
1700 Monterey Dr
15 Sunrise Ct
2360 Olympic Dr
645 Hurlingame Ave
1154 Hawthorne St
5 Pepperwood Ln
301 Ethel Ave
1337 Denlyn St
6 Welch St
8 Flemings Ct
36 Duboce Ave
1700 Rheem Ave
26358 Regal Ave
27826 Biscayne Ave
3300 Kelly St
4601 Congress Ave
8505 Dowling St
1129 88th Ave
6868 Arthur St
1531 50th Ave
3153 61st Ave
1341 E 27th St
2015 East 21st St
2234 14th Ave
6224 Oakdale Ave
9503 Stearns Ave
10782 Hellman St
7506 Altura Pl
2366 Croyden Pl
15696 Anchorage Dr
10/K
11/A
11/A
11/A
11/A
11/A
11/H
11/I
11/J
12/B
12/B
12/B
12/C
12/C
13/H
13/K
14/B
14/E
14/F
14/I
14/J
18/L
18/L
19/F
19/F
19/F
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/J
19/L
19/L
353784
350666
371031
362464
351572
356614
359538
387678
356985
387335
392129
351274
350456
366741
350118
354732
373447
379525
361718
379591
382900
343938
349030
385344
348483
349007
349299
340269
350234
341084
347286
350335
340949
339679
339680
341194
335046
345677
337659
381988
348119
List/Sale $ OM/Sale Date BD
470,200
399,500
430,000
438,000
456,000
680,000
636,800
394,000
571,000
303,000
338,000
598,000
573,000
688,000
250,000
725,000
759,900
895,000
425,000
801,500
255,000
40,000
132,175
181,000
249,900
275,000
46,000
63,000
63,800
73,000
128,000
130,000
175,000
230,000
265,000
322,600
415,000
428,000
617,000
244,900
462,500
05/06/09
02/05/09
12/16/10
02/26/10
06/05/09
06/10/09
09/29/09
11/10/11
07/02/09
09/02/11
03/30/12
04/23/09
03/13/09
04/15/10
12/30/08
05/22/09
11/03/10
03/14/11
11/05/09
03/11/11
12/12/11
02/05/09
12/12/08
07/29/11
12/26/08
12/24/08
01/08/09
11/03/08
02/13/09
02/12/09
11/13/08
02/13/09
07/23/08
05/29/08
05/21/08
08/06/08
10/03/08
11/04/08
05/07/08
05/13/11
12/05/08
3
2
4
2
3
5
6
3
3
2
2
4
3
4
3
4
3
4
3
4
3
3
3
3
3
3
3
2
3
2
3
3
2
2
3
3
5
4
4
2
4
BA PKG LO
2.50
1
2
1
1
4
3.50
1
2
1
1
2.50
3
3
1
3
3
3
2
3
2
2
1.50
1
2
2
1
1
2
1
1
1
1
1
2
2
3
2
3
2.50
2.50
2
1
1
1
2
2
2
0
2
1
2
2
2
2
0
2
2
2
2
2
2
1
0
1
1
2
1
0
0
0
0
1
0
1
1
2
1
2
2
2
2
T
S
T
T
T
S
S
T
S
S
S
S
S
S
S
S
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
STHB
LA
DOM
M. Castellanos 51
M. Castellanos 32
M. Castellanos144
M. Castellanos131
M. Castellanos 80
M. Castellanos 14
M. Castellanos 59
M. Castellanos105
M. Castellanos 28
M. Castellanos 47
M. Castellanos108
M. Castellanos 76
M. Castellanos 74
M. Castellanos 41
M. Castellanos 31
M. Castellanos 31
M. Castellanos 84
M. Castellanos 57
M. Castellanos 34
M. Castellanos 53
M. Castellanos244
M. Castellanos201
M. Castellanos 49
M. Castellanos 64
M. Castellanos 55
M. Castellanos 59
M. Castellanos 56
M. Castellanos183
M. Castellanos 69
M. Castellanos284
M. Castellanos 50
M. Castellanos 55
M. Castellanos 9
M. Castellanos 38
M. Castellanos 39
M. Castellanos 94
M. Castellanos272
M. Castellanos 65
M. Castellanos 61
M. Castellanos 59
M. Castellanos 61
Presented By: Mary Lou Castellanos (Lic: 00905399) / Sotheby's International Realty (Lic: 00338392)
IONS and is NOT WARRANTED. - Copyright: 2012 by San Francisco Assoc of REALTORS® Equal Opportunity Housing * All information deemed reliable, but not guaranteed
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
BPO
Experience
Mary Lou Castellanos
Recent BPOs Completed
776 59th St. #4, Oakland: Completed for Vericrest Financial on 3-16-12 (see following
pages for a copy of the report)
3026 Martin Luther King Jr. Way, Berkeley: Completed for Vericrest Financial on 4-1-12
(see following pages for a copy of the report)
1783 Turk St, San Francisco: Completed for Vericrest Financial on 2-25-12 (see following
pages for a copy of the report)
240 N. Bayshore Blvd #317, San Mateo: Completed for HSBC on 1-20-12
143 Nautilus Ct, San Francisco: Completed for Integrated Asset Services on 7-20-11
2613 Emma Dr, Pinole: Completed for Vericrest Financial on 3-20-12
259 Bayview Circle, San Francisco: Completed for HSBC on 2-01-12
1761 Crestwood Dr, San Bruno: Completed for Vericrest Financial on 2-15-12
197 Desmond St, San Francisco: Completed for Bank of America on 1-6-12
5500 Anza St, San Francisco: Completed for Atlas REO Services on 2-2-12
3324 Market St, San Francisco: Completed for LPS Asset Management on 2-28-12
13 Daffodil Lane, Mill Valley: Completed for Atlas REO on 12-30-11
8 Flemings Ct, Sausalito: Completed for Vericrest Financial on 10-17-11
1360 Clayton St, San Francisco: Completed for GreenRiver Capitol on 9-22-11
671-673 Connecticut, San Francisco: Completed for GreenRiver Capitol on 12-1-10
2058 Alemany Blvd, San Francisco: Completed for Vericrest Financial on 5-25-11
1360 Skyline Drive, Daly City: Completed for Vericrest Financial on 7-13-11
1737 Oakdale Ave, San Francisco: Completed for Phoenix Asset Management on 7-8-11
1466 Quesada Ave, San Francisco: Completed for LPS on 3-4-12
Residential Broker Price Opinion (BPO)
This BPO is the
■
Initial
2nd Opinion
Updated
DATE 03-16-12
Exterior Only
Date Format (00/00/00)
ASSET NUMBER:
9800892508
SALES REPRESENTATIVE:
PROPERTY ADDRESS:
776 59TH ST 4
CLIENT NAME:
OAKLAND
CA
94609
COMPLETED BY:
MARY LOU
CASTELLANOS
FIRM NAME:
Sothebys International Realty
FAX NO.
4159011701
PHONE NO.
4159011769
EMAIL
[email protected]
PARCEL NO.
0151358036000
I.
GENERAL MARKET CONDITIONS
Current market condition:
Depressed
Employment conditions:
■
Declining
■
Market price of this type property has:
Slow
Stable
Stable
Increasing
Decreased
%
in past
months
Increased
%
in past
months
Estimated percentages of owner vs. tenants in neighborhood:
There is a
Normal supply
% owner occupant
50
oversupply
3
No. of competing listings in neighborhood that are REO or Corporate owned:
1
No. of boarded or blocked-up homes:
1
Suburban
■
50
% tenant
shortage of comparable listings in the neighborhood
Approximate number of comparable units for sale in neighborhood:
Location Description:
Excellent
Remained stable
■
■
Improving
Urban
New Construction:
Yes
■
Incentives Offered:
Yes
■
No
No
Rural
Comments:
II.
SUBJECT MARKETABILITY
Range of values in the neighborhood is $
The subject is an
to $
139900
over improvement
under improvement
■
Normal marketing time in the area is:
625000
30 days
Appropriate improvement for the neighborhood.
60 days
Are all types of financing available for the property?
Has the property been on the market in the last 12 months?
90 days
120 days
■
Yes
No
If no, explain
■
Yes
No
If yes, How Long?
If yes, $
To the best of your knowledge, why did it not sell?
Unit Type:
single family detached
■
single family attached
If condo or other association exists: Fee $
The fee includes:
128
condo
co-op
mobile home
townhouse
modular
land only
monthly
annually
Current?
■
Yes
No
Pool
annually
Current?
Yes
No
Fee delinquent? $
Phone No.:
monthly
annually
Current?
Yes
Name:
■
Agent believes subject property is
Vacant
Fee delinquent? $
Occupied
Favorable
Subject property has basement?
Yes
■
Neutral
■
Unfavorable
■
No
If subject property is Mobile Home,is it Attached to foundation?
Average
No
Phone No.:
Agent believes subject property is
Good
Fee delinquent? $
Other
Tennis
Name:
If Management Company exists: Fee $
Owner Pride
list price (include MLS printout)
Phone No.:
monthly
Management Company:
125
139900
Name:
If HOA exists: Fee $
HOA Contact:
180 days
Very close to freeway and MLK (very busy street). Lots of noise pollution, stale
Landscape
Insurance
Association Contact:
■
150 days
Yes
No
Below Average
Does Agent feel there would be a resale problem?
Yes
■
No
Agent resale comments:
Based on the comps, the subject property is priced well, however, it is competing against brand new construction condos with full amenities (gym, theater, courtyard) and
views. The subject property is one lot away from the freeway and MLS, which causes lots of noise pollution and traffic. It is also very small for a 2BR. It may have been
overpriced when it first came on the market and now it is "stale" because it has sat on the market for so long and followed the market down. Buyers may assume there is
something wrong with it when it is priced so low and has been on the market for so long.
*** Blue fields can be filled out, pink fields are required and gray fields are pre-populated (read only).
EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
Equator, LLC. All Rights Reserved. www.equator.com
Page 1 of 4
III. COMPETITIVE CLOSED SALES
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
1001 46th St. 302
1001 46th St 403
1001 46th St. 402
City
OAKLAND
Emeryville
Emeryville
Emeryville
State
CA
CA
CA
CA
Postal Code
On Original BPO
94609
94608
94608
Basement
Yes
■
No
Yes
■
No
List Price
Sale Price
139900
Price/Gross Living Area
$
199.86 Sq.Ft.
Data Source
MLS-Tax Records
No
.8
DESCRIPTION
Yes
No
Yes
No
Yes
.8
$
$
300000
263 Sq.Ft.
$
MLS-tax records
12-01-11
12-16-11
12-29-11
18
33
DESCRIPTION
+(-) Adjustment
none
+(-) Adjustment
DESCRIPTION
none
none
fee simple
fee simple
fee simple
fee simple
Site
Design and Appeal
condo
condo
condo
condo
traditional
contemporary
contemporary
contemporary
Quality of Construction
fair
excellent
Age
5
1
1
1
Condition
good
excellent
excellent
excellent
Above Grade
Room Count
Gross Living Area
Total
Bdms
4
2
Baths
Total
1
700 Sq.Ft.
Lot Size
Basement & Finished
Rooms Below Grade
-30000 excellent
Bdms
Baths
1
1
15000
1140 Sq.Ft.
-50000
4
Total
Bdms
4
1
Baths
Total
1
15000
1195 Sq.Ft.
-50000
-30000
Bdms
1
15000
1140 Sq.Ft.
-50000
none
none
Functional Utility
fair
superior
superior
superior
Heating/Cooling
central heat
central heat
central heat
central heat
Energy Efficient Items
none
yes
yes
yes
Garage/Carport
1
1
1
1
Porches, Patio, Deck
Fireplace(s), etc.
none
gym, theater,
courtyard, views
Fence, Pool, etc.
gate
security gate
Good
Fair
Lot Characteristics
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
■
Avg
Good
Poor
Fair
gym, theater,
-25000 courtyard, views
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
■
-10000
■
■
-5000
■
-15000
■
New construction
Net Adj. (total)
Adjusted Sales Price of
Comparable
Fair
-50000
Poor
■
Avg
Poor
■
-25000
security gate
security gate
Avg
■
Good
Other
gym, theater,
courtyard, views
Baths
1
4
none
Location
+(-) Adjustment
-30000 excellent
none
-25000
290000
254 Sq.Ft.
32
DESCRIPTION
.8
315000
$
MLS-tax records
No
$
$
309000
258 Sq.Ft.
No
■
* Proximity
329000
$
Yes
■
* Proximity
310000
$
$
MLS- tax Records
Sale Date
Days on Market
Sales or Financing
Concessions
Leasehold/Fee Simple
■
■
* Proximity
$
$
94608
No
Yes
Prox. to Subject (miles)
VALUE ADJUSTMENTS
Yes
■
-50000
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Fair
■
-10000
■
■
-5000
■
-15000
■
new construction
■
-50000
Avg
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
-10000
-5000
-15000
new construction
-170,000.00
-170,000.00
-170,000.00
130,000.00
139,000.00
120,000.00
Sale # 1 Inspected?
Yes
■
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 2 Inspected?
Yes
■
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 3 Inspected?
Yes
■
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
IV. MARKETING STRATEGY
■
As-is
Minimal Lender Required Repairs
* Most Likely Buyer:
■
1st Time Buyer
Repaired
Move Up Buyer
Investor
Seller Assisted
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EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
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Page 2 of 4
V. REPAIRS
Itemize ALL repairs needed to bring property from its present “as is” condition to average marketable condition for the neighborhood.
Check those repairs you recommend that we perform for most successful marketing of the property.
* Insurable Damage?
Y
N
■
Item
Estimated Cost
Item
Estimated Cost
$
$
$
$
$
$
$
$
$
$
GRAND TOTAL FOR ALL REPAIRS $
0.00
Estimated days to complete all repairs
VI. COMPETITIVE LISTINGS
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
567 53rd St
6211 Telegraph Ave 3
592 55th St.
City
OAKLAND
OAKLAND
OAKLAND
OAKLAND
State
CA
CA
CA
CA
Postal Code
94609
94609
94609
Original List Price
On Original BPO
Yes
■
No
■
Yes
No
Basement
Yes
■
No
■
Yes
No
Yes
List Price
List Date
$
139,900.00
Price/Gross Living Area
$
199.86 Sq.Ft.
.6
MLS-Tax Records
MLS-Tax Records
DESCRIPTION
Days on Market
+(-) Adjustment
10-27-11
01-19-12
$
174 Sq.Ft.
311 Sq.Ft.
MLS-Tax Records
DESCRIPTION
+(-) Adjustment
DESCRIPTION
none (short sale)
275
138
60
fee simple
condo
fee simple
fee simple
condo
Leasehold/Fee Simple
Site
Design and Appeal
condo
traditional
traditional
traditional
traditional
Quality of Construction
fair
fair
fair
fair
Age
5
88
27
88
Condition
good
Above Grade
Room Count
Gross Living Area
Total
Bdms
4.0
2.0
Lot Size
Basement & Finished
Rooms Below Grade
condo
good
Bdms
Baths
Total
Bdms
4
2
1
4
2
-15000
880 Sq.Ft.
Baths
Total
1
914 Sq.Ft.
storage
none
Bdms
2
4
-15000
fair
fair
fair
fair
central heat
central heat
central heat
central heat
Energy Efficient Items
none
unknown
Garage/Carport
1
0
10000 1
Porches, Patio, Deck
Fireplace(s), etc.
none
deck-patio,
fireplace
-15000
Fence, Pool, etc.
gate
Good
Avg
Good
Poor
Fair
Good
Avg
Good
Fair
Poor
Fair
Fair
Lot Characteristics
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
■
unknown
Good
Avg
Fair
Poor
■
Avg
Fair
Poor
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Good
Avg
Good
Fair
Poor
Fair
Poor
Good
Avg
Good
Fair
Poor
Fair
none
-15000
■
■
■
Poor
Avg
Fair
Poor
■
Fair
Good
Good
■
Avg
Avg
Avg
Good
Fair
Poor
Fair
Avg
Good
Avg
Good
Poor
Fair
Poor
Fair
-30000
Net Adj. (total)
Adjusted Sales Price of
Comparable
■
■
Fair
Good
Avg
■
Poor
Poor
Good
-10000
-25000
Avg
Fair
Poor
-10000
■
Good
Good
-10000
Avg
Poor
Fair
-10000
Fair
Poor
■
Fair
-25000
Avg
Poor
■
Good
Avg
Good
Good
-10000
Avg
Poor
Fair
-10000
Avg
■
■
Fair
Good
tenant occupied
Other
front gate
-25000
Poor
Good
Good
deck
Avg
■
unknown
none
Good
Poor
-15000
1
Avg
■
1
none
Heating/Cooling
Location
Baths
800 Sq.Ft.
Functional Utility
front gate
+(-) Adjustment
good
Total
700 Sq.Ft.
none
.5
none
1.0
No
249000
none
good
■
$
fee simple
Baths
No
* Proximity
159900
$
MLS-Tax Records
DESCRIPTION
Sales or Financing
Concessions
Yes
.6
$
282 Sq.Ft.
Yes
■
No
■
05-09-11
$
60
No
* Proximity
249000
$
249000
105
Yes
■
* Proximity
Prox. to Subject (miles)
VALUE ADJUSTMENTS
189900
14
Days since last reduction
Data and/or
Verification Sources
94609
309000
-10000
Avg
Poor
■
Fair
-10000
Avg
Poor
■
-10000
Avg
Poor
■
-25000
Avg
Poor
50000
-55,000.00
-70,000.00
-110,000.00
194,000.00
89,900.00
139,000.00
Listing # 1 Inspected?
Yes
■
No
Comments:
craftsmen details withmoden upgrades, fireplac, updated throughout, tenant occupied
Listing # 2 Inspected?
Yes
■
No
Comments:
new carpet, new paint, new kitchen appliances. Ground floor unit. REO
Listing # 3 Inspected?
Yes
■
No
Comments:
old world charm with modern updates. rear deck. quiet block.
*** Blue fields can be filled out, pink fields are required and gray fields are pre-populated (read only).
EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
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Page 3 of 4
VII. THE MARKET VALUE
90-120 Day Value
AS IS
REPAIRED
Suggested List Price
* $
125000
$
129000
$
125000
$
129000
VII. NARRATIVE
Condition of property:
The interior is in good, move-in condition.
Refurbish vs. As is Analysis:
AS is. No repairs visible or known
Recommended Inspections and why:
none
Identify any positive or negative location influences:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic.
Property summary - include postive/negative influences that would impact the sale:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic. Interior is in move-in condition- just needs some
appliances in the kitchen. It is a small 2BR (only 700 sq. ft.) and no outdoor space.
Signature:
Date:
Mary Lou Castellanos
03-09-12
Date Format (00/00/00)
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EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
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Page 4 of 4
Residential Broker Price Opinion (BPO)
This BPO is the
Initial
2nd Opinion
Updated
DATE 03/16/12
Exterior Only
Date Format (00/00/00)
ASSET NUMBER:
9800892508
SALES REPRESENTATIVE:
PROPERTY ADDRESS:
776 59TH ST 4
CLIENT NAME:
OAKLAND
CA
94609
COMPLETED BY:
MARY LOU
CASTELLANOS
FIRM NAME:
Sothebys International Realty
FAX NO.
(415) 901-1701
PHONE NO.
(415) 901-1769
EMAIL
[email protected]
PARCEL NO.
0151358036000
I.
GENERAL MARKET CONDITIONS
Current market condition:
Depressed
Slow
Stable
Employment conditions:
Declining
Stable
Increasing
Market price of this type property has:
Decreased
5
Increased
%
in past
%
in past
Improving
12
Excellent
months
months
Remained stable
Estimated percentages of owner vs. tenants in neighborhood:
Normal supply
There is a
% owner occupant
50.00
oversupply
50.00
% tenant
shortage of comparable listings in the neighborhood
Approximate number of comparable units for sale in neighborhood:
3
No. of competing listings in neighborhood that are REO or Corporate owned:
1
No. of boarded or blocked-up homes:
1
Location Description:
Suburban
Urban
New Construction:
Yes
No
Incentives Offered:
Yes
No
Rural
Comments:
If you strictly base your list price on comparables there is no reason why this unit has not sold, however in this case that pricing strategy (Based on comps) is not accurate.
The property is now stale and when buyers see that it has been on the market for so long they automatically assume there are big problems. The property needs to be majorly
discounted (due to the most of repairs needed to be done on the building) or the repairs need to be completed by the seller.
II.
SUBJECT MARKETABILITY
Range of values in the neighborhood is $
The subject is an
to $
139,900.00
over improvement
625,000.00
under improvement
Normal marketing time in the area is:
30 days
Appropriate improvement for the neighborhood.
60 days
90 days
120 days
Are all types of financing available for the property?
Yes
No
If no, explain
Has the property been on the market in the last 12 months?
Yes
No
If yes, How Long?
If yes, $
To the best of your knowledge, why did it not sell?
Unit Type:
condo
co-op
mobile home
townhouse
modular
land only
Association Contact:
Name:
monthly
No
Pool
annually
Current?
Yes
monthly
annually
Current?
Yes
Name:
Other
No
Agent believes subject property is
Favorable
No
Fee delinquent? $
Yes
Occupied
Neutral
Unfavorable
No
If subject property is Mobile Home,is it Attached to foundation?
Average
Fee delinquent? $
Phone No.:
Vacant
Subject property has basement?
Fee delinquent? $
Phone No.:
Agent believes subject property is
Good
Yes
Tennis
Unknown
If Management Company exists: Fee $
Owner Pride
Current?
Phone No.:
200
Management Company:
annually
Name: Unkown
If HOA exists: Fee $
HOA Contact:
monthly
Landscape
Insurance
list price (include MLS printout)
Very close to freeway and MLK (very busy street). Lots of noise pollution, stale
single family attached
The fee includes:
180 days
125
139,900.00
single family detached
If condo or other association exists: Fee $ 128.00
150 days
Yes
No
Yes
No
Below Average
Does Agent feel there would be a resale problem?
Agent resale comments:
Based on the comps, the subject property is priced well, however, it is competing against brand new construction condos with full amenities (gym, theater, courtyard) and
views. The subject property is one lot away from the freeway and MLS, which causes lots of noise pollution and traffic. It is also very small for a 2BR. It may have been
overpriced when it first came on the market and now it is "stale" because it has sat on the market for so long and followed the market down. Buyers may assume there is
something wrong with it when it is priced so low and has been on the market for so long.
*** Blue fields can be filled out, pink fields are required and gray fields are pre-populated (read only).
EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
Equator, LLC. All Rights Reserved. www.equator.com
Page 1 of 4
III. COMPETITIVE CLOSED SALES
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
1001 46th St. 302
1001 46th St 403
1001 46th St. 402
City
OAKLAND
Emeryville
Emeryville
Emeryville
State
CA
CA
CA
CA
Postal Code
On Original BPO
94609
94608
94608
Basement
Yes
■
No
Yes
■
No
■
Yes
No
Yes
No
* Proximity
Prox. to Subject (miles)
List Price
Sale Price
$
$
139,900.00
Price/Gross Living Area
$
199.86 Sq.Ft.
Data Source
MLS-Tax Records
0.80
$
$
Yes
No
Yes
No
0.80
$
$
300,000.00
263.00 Sq.Ft.
$
■
* Proximity
310,000.00
12/16/11
12/29/11
18
33
118
DESCRIPTION
DESCRIPTION
MLS-tax records
DESCRIPTION
+(-) Adjustment
none
+(-) Adjustment
DESCRIPTION
none
none
fee simple
fee simple
fee simple
fee simple
Site
Design and Appeal
condo
condo
condo
condo
traditional
contemporary
Quality of Construction
fair
excellent
Age
5
1
Condition
good
Above Grade
Room Count
Gross Living Area
Total
Bdms
4.0
2.0
Total
1.0
contemporary
Baths
1.0
1.0
15,000.00
1,140 Sq.Ft.
-50,000.00
4.0
excellent
Total
Bdms
4.0
1.0
Baths
Total
1.0
15,000.00
1,195 Sq.Ft.
-50,000.00
Bdms
1.0
15,000.00
1,140 Sq.Ft.
-50,000.00
none
none
none
Functional Utility
fair
superior
superior
superior
Heating/Cooling
central heat
central heat
central heat
central heat
Energy Efficient Items
none
yes
yes
yes
Garage/Carport
1
1
Porches, Patio, Deck
Fireplace(s), etc.
none
gym, theater,
courtyard, views
Fence, Pool, etc.
gate
security gate
Good
Location
Fair
Lot Characteristics
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
-25,000.00
■
1
-50000 1
gym, theater,
courtyard, views
Good
Avg
Poor
Fair
Poor
-50,000.00
-50000
gym, theater,
-25,000.00 courtyard, views
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Avg
Poor
-50,000.00
Good
Avg
Good
Avg
Good
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
-10,000.00
-5,000.00
-15,000.00
New construction
Other
Net Adj. (total)
Adjusted Sales Price of
Comparable
-75000
-25,000.00
security gate
security gate
Avg
Baths
1.0
4.0
none
-50000
-30,000.00
1
excellent
Bdms
+(-) Adjustment
-30,000.00 excellent
1
700 Sq.Ft.
Lot Size
Basement & Finished
Rooms Below Grade
contemporary
-30,000.00 excellent
excellent
Baths
290,000.00
254.00 Sq.Ft.
MLS-tax records
VALUE ADJUSTMENTS
0.80
315,000.00
$
12/01/11
32
No
No
$
$
309,000.00
258.00 Sq.Ft.
$
Yes
Yes
* Proximity
329,000.00
MLS- tax Records
Sale Date
Days on Market
Sales or Financing
Concessions
Leasehold/Fee Simple
94608
■
new construction
-10,000.00
-5,000.00
-15,000.00
-50,000.00
-10,000.00
-5,000.00
-15,000.00
-75000 new construction
-75000
-170,000.00
-170,000.00
-170,000.00
130,000.00
139,000.00
120,000.00
Sale # 1 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 2 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 3 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
IV. MARKETING STRATEGY
As-is
Minimal Lender Required Repairs
* Most Likely Buyer:
■
1st Time Buyer
Repaired
Move Up Buyer
Investor
Seller Assisted
*** Blue fields can be filled out, pink fields are required and gray fields are pre-populated (read only).
EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
Equator, LLC. All Rights Reserved. www.equator.com
Page 2 of 4
V. REPAIRS
Itemize ALL repairs needed to bring property from its present “as is” condition to average marketable condition for the neighborhood.
Check those repairs you recommend that we perform for most successful marketing of the property.
* Insurable Damage?
Y
N
Item
Estimated Cost
Foundation repairs
Item
Estimated Cost
39000
$
$
$
$
$
Section 1 Pest repairs
$
$
$
$
$
50000
0.00
GRAND TOTAL FOR ALL REPAIRS $
Estimated days to complete all repairs
30
VI. COMPETITIVE LISTINGS
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
567 53rd St
6211 Telegraph Ave 3
592 55th St.
City
OAKLAND
OAKLAND
OAKLAND
OAKLAND
State
CA
CA
CA
CA
Postal Code
94609
94609
94609
Original List Price
On Original BPO
Yes
■
No
Basement
Yes
■
No
Yes
No
Yes
No
* Proximity
Prox. to Subject (miles)
List Price
List Date
$
139,900.00
Price/Gross Living Area
$
199.86 Sq.Ft.
VALUE ADJUSTMENTS
189,900.00
14
Days since last reduction
Data and/or
Verification Sources
94609
309,000.00
0.60
$
105
Yes
No
Yes
No
* Proximity
0.60
$
249,000.00
282.00 Sq.Ft.
MLS-Tax Records
MLS-Tax Records
DESCRIPTION
DESCRIPTION
Sales or Financing
Concessions
01/19/12
MLS-Tax Records
DESCRIPTION
+(-) Adjustment
DESCRIPTION
none
none (short sale)
60
Leasehold/Fee Simple
fee simple
Site
Design and Appeal
condo
condo
condo
condo
traditional
traditional
traditional
traditional
Quality of Construction
fair
fair
fair
fair
Age
5
88
27
88
Condition
good
Above Grade
Room Count
Gross Living Area
Total
Bdms
4.0
2.0
good
good
good
Total
Bdms
Baths
Total
Bdms
4.0
2.0
1.0
4.0
2.0
1.0
880 Sq.Ft.
700 Sq.Ft.
Baths
914 Sq.Ft.
-15,000.00
storage
none
Total
Bdms
4.0
1.0
-15,000.00
2.0
30000
800 Sq.Ft.
-15,000.00
none
fair
fair
fair
fair
Heating/Cooling
central heat
central heat
central heat
central heat
Energy Efficient Items
none
unknown
Garage/Carport
1
0
Porches, Patio, Deck
Fireplace(s), etc.
none
deck-patio,
fireplace
Fence, Pool, etc.
gate
Lot Characteristics
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
unknown
unknown
10,000.00 1
-50000 1
none
deck
front gate
none
-15,000.00
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Fair
Poor
Good
Avg
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Avg
Good
Avg
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Fair
Poor
Good
Avg
Fair
■
-25,000.00
-10,000.00
-10,000.00
-10,000.00
-30,000.00
tenant occupied
Other
-50000
-15,000.00
front gate
Fair
Baths
1.0
Functional Utility
Good
+(-) Adjustment
none
fee simple
Location
0.50
249,000.00
311.00 Sq.Ft.
138
none
No
$
174.00 Sq.Ft.
fee simple
Lot Size
Basement & Finished
Rooms Below Grade
Yes
$
275
Baths
No
* Proximity
fee simple
Days on Market
Yes
10/27/11
$
MLS-Tax Records
+(-) Adjustment
60
159,900.00
05/09/11
$
249,000.00
Net Adj. (total)
Adjusted Sales Price of
Comparable
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Fair
Poor
Good
-25,000.00
-10,000.00
-10,000.00
Good
Avg
Fair
Poor
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
-10,000.00
-25,000.00
-10,000.00
-10,000.00
-10,000.00
-25,000.00
50,000.00
-55,000.00
-70,000.00
-110,000.00
194,000.00
89,900.00
139,000.00
Listing # 1 Inspected?
Yes
No
Comments:
craftsmen details withmoden upgrades, fireplac, updated throughout, tenant occupied
Listing # 2 Inspected?
Yes
No
Comments:
new carpet, new paint, new kitchen appliances. Ground floor unit. REO
Listing # 3 Inspected?
Yes
No
Comments:
old world charm with modern updates. rear deck. quiet block.
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EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
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Page 3 of 4
VII. THE MARKET VALUE
90-120 Day Value
AS IS
REPAIRED
Suggested List Price
* $
125,000.00
$
129,000.00
$
125,000.00
$
129,000.00
VII. NARRATIVE
Condition of property:
The interior is in good, move-in condition.
Refurbish vs. As is Analysis:
AS is. No repairs visible or known
Recommended Inspections and why:
none
Identify any positive or negative location influences:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic.
Property summary - include postive/negative influences that would impact the sale:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic. Interior is in move-in condition- just needs some
appliances in the kitchen. It is a small 2BR (only 700 sq. ft.) and no outdoor space.
Signature:
Date:
Mary Lou Castellanos
03-09-12
Date Format (00/00/00)
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Page 4 of 4
Residential Broker Price Opinion (BPO)
This BPO is the
Initial
2nd Opinion
Updated
DATE 03/16/12
Exterior Only
Date Format (00/00/00)
ASSET NUMBER:
9800892508
SALES REPRESENTATIVE:
PROPERTY ADDRESS:
776 59TH ST 4
CLIENT NAME:
Raul and Norma Hernandez
COMPLETED BY:
MARY LOU
OAKLAND
CA
94609
CASTELLANOS
FIRM NAME:
Sothebys International Realty
FAX NO.
(415) 901-1701
PHONE NO.
(415) 901-1769
EMAIL
[email protected]
PARCEL NO.
0151358036000
I.
GENERAL MARKET CONDITIONS
Current market condition:
Depressed
Slow
Stable
Employment conditions:
Declining
Stable
Increasing
Market price of this type property has:
Decreased
%
in past
months
Increased
%
in past
months
Improving
Excellent
Remained stable
Estimated percentages of owner vs. tenants in neighborhood:
Normal supply
There is a
% owner occupant
50.00
oversupply
50.00
% tenant
shortage of comparable listings in the neighborhood
Approximate number of comparable units for sale in neighborhood:
3
No. of competing listings in neighborhood that are REO or Corporate owned:
1
No. of boarded or blocked-up homes:
1
Location Description:
Suburban
Urban
New Construction:
Yes
No
Incentives Offered:
Yes
No
Rural
Comments:
II.
SUBJECT MARKETABILITY
Range of values in the neighborhood is $
The subject is an
to $
139,900.00
over improvement
625,000.00
under improvement
Normal marketing time in the area is:
30 days
Appropriate improvement for the neighborhood.
60 days
90 days
120 days
Are all types of financing available for the property?
Yes
No
If no, explain
Has the property been on the market in the last 12 months?
Yes
No
If yes, How Long?
If yes, $
To the best of your knowledge, why did it not sell?
Unit Type:
condo
co-op
mobile home
townhouse
modular
land only
Insurance
Association Contact:
monthly
annually
Landscape
Yes
No
Pool
monthly
annually
Current?
Yes
No
Name:
Management Company:
Fee delinquent? $
Phone No.:
monthly
annually
Current?
Yes
Name:
Vacant
Agent believes subject property is
Favorable
Subject property has basement?
Fee delinquent? $
Yes
Occupied
Neutral
Unfavorable
No
If subject property is Mobile Home,is it Attached to foundation?
Average
No
Phone No.:
Agent believes subject property is
Good
Fee delinquent? $
Other
Tennis
Phone No.:
If Management Company exists: Fee $
Owner Pride
Current?
Name:
If HOA exists: Fee $
HOA Contact:
list price (include MLS printout)
Very close to freeway and MLK (very busy street). Lots of noise pollution, stale
single family attached
The fee includes:
180 days
125
139,900.00
single family detached
If condo or other association exists: Fee $ 128.00
150 days
No kitchen appliances, no water heaters
Yes
No
Yes
No
Below Average
Does Agent feel there would be a resale problem?
Agent resale comments:
Based on the comps, the subject property is priced well, however, it is competing against brand new construction condos with full amenities (gym, theater, courtyard) and
views. The subject property is one lot away from the freeway and MLS, which causes lots of noise pollution and traffic. It is also very small for a 2BR. It may have been
overpriced when it first came on the market and now it is "stale" because it has sat on the market for so long and followed the market down. Buyers may assume there is
something wrong with it when it is priced so low and has been on the market for so long.
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Page 1 of 4
III. COMPETITIVE CLOSED SALES
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
1001 46th St. 302
1001 46th St 403
1001 46th St. 402
City
OAKLAND
Emeryville
Emeryville
Emeryville
State
CA
CA
CA
CA
Postal Code
On Original BPO
94609
94608
94608
Basement
Yes
■
No
Yes
■
No
List Price
Sale Price
$
$
139,900.00
Price/Gross Living Area
$
199.86 Sq.Ft.
Data Source
MLS-Tax Records
Sale Date
Days on Market
Sales or Financing
Concessions
Leasehold/Fee Simple
Yes
No
Yes
No
DESCRIPTION
0.80
$
$
94608
■
* Proximity
Prox. to Subject (miles)
VALUE ADJUSTMENTS
■
Yes
No
Yes
No
* Proximity
300,000.00
263.00 Sq.Ft.
0.80
$
$
310,000.00
$
■
MLS-tax records
12/16/11
12/29/11
32
18
33
MLS-tax records
DESCRIPTION
none
+(-) Adjustment
DESCRIPTION
none
none
fee simple
fee simple
fee simple
fee simple
Site
Design and Appeal
condo
condo
condo
condo
traditional
contemporary
Quality of Construction
fair
excellent
Age
5
1
Condition
good
Above Grade
Room Count
Gross Living Area
Total
Bdms
4.0
2.0
Total
1.0
contemporary
Baths
1.0
1.0
15,000.00
1,140 Sq.Ft.
-50,000.00
4.0
excellent
Total
Bdms
4.0
1.0
Baths
Total
1.0
15,000.00
1,195 Sq.Ft.
-50,000.00
Bdms
1.0
15,000.00
1,140 Sq.Ft.
-50,000.00
30000 2790
40000 4160
none
none
none
none
Functional Utility
fair
superior
superior
Heating/Cooling
central heat
central heat
central heat
central heat
none
yes
yes
yes
Garage/Carport
1
1
1
1
Porches, Patio, Deck
Fireplace(s), etc.
none
gym, theater,
courtyard, views
gym, theater,
courtyard, views
Fence, Pool, etc.
gate
security gate
Good
Fair
Lot Characteristics
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
■
Good
Avg
Poor
Fair
Poor
-50,000.00
-100000
-25000
gym, theater,
-25,000.00 courtyard, views
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Avg
Poor
-50,000.00
Good
Avg
Good
Avg
Good
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Fair
Poor
Fair
Poor
-10,000.00
-5,000.00
-15,000.00
New construction
Other
Net Adj. (total)
Adjusted Sales Price of
Comparable
-25,000.00
security gate
security gate
Avg
20000
-100000 superior
Energy Efficient Items
Location
Baths
1.0
4.0
3168
-25,000.00
-30,000.00
1
excellent
Bdms
+(-) Adjustment
-30,000.00 excellent
1
700 Sq.Ft.
Lot Size
Basement & Finished
Rooms Below Grade
contemporary
-30,000.00 excellent
excellent
Baths
290,000.00
254.00 Sq.Ft.
12/01/11
+(-) Adjustment
315,000.00
$
MLS- tax Records
DESCRIPTION
0.80
$
$
309,000.00
258.00 Sq.Ft.
No
No
* Proximity
329,000.00
$
Yes
Yes
-10,000.00
-5,000.00
-15,000.00
new construction
-50,000.00
-10,000.00
-5,000.00
-15,000.00
new construction
-170,000.00
-170,000.00
-170,000.00
130,000.00
139,000.00
120,000.00
Sale # 1 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 2 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
Sale # 3 Inspected?
Yes
No
Comments:
Brand New construction. Quiet block. Lots of amenities (gym, theater, courtyard), views
IV. MARKETING STRATEGY
As-is
Minimal Lender Required Repairs
* Most Likely Buyer:
■
1st Time Buyer
Repaired
Move Up Buyer
Investor
Seller Assisted
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Page 2 of 4
V. REPAIRS
Itemize ALL repairs needed to bring property from its present “as is” condition to average marketable condition for the neighborhood.
Check those repairs you recommend that we perform for most successful marketing of the property.
* Insurable Damage?
Y
N
Item
Estimated Cost
stove
water heater (for inlaw apt)
Tankless water heater for main house
Repair leak from upstairs bathroom
Item
Estimated Cost
2000
$
$
$
$
$
Fridge-freezer
$
$
$
$
$
1500
1000
2000
1500
0.00
GRAND TOTAL FOR ALL REPAIRS $
Estimated days to complete all repairs
14
VI. COMPETITIVE LISTINGS
ITEM
SUBJECT
COMPARABLE NUMBER 1
COMPARABLE NUMBER 2
COMPARABLE NUMBER 3
Address
776 59TH ST 4
567 53rd St
6211 Telegraph Ave 3
592 55th St.
City
OAKLAND
OAKLAND
OAKLAND
OAKLAND
State
CA
CA
CA
CA
Postal Code
94609
94609
94609
Original List Price
On Original BPO
Yes
■
No
Basement
Yes
■
No
Yes
No
Yes
No
* Proximity
Prox. to Subject (miles)
List Price
List Date
$
139,900.00
Price/Gross Living Area
$
199.86 Sq.Ft.
VALUE ADJUSTMENTS
189,900.00
14
Days since last reduction
Data and/or
Verification Sources
94609
309,000.00
0.60
$
105
Yes
No
Yes
No
* Proximity
0.60
$
249,000.00
MLS-Tax Records
MLS-Tax Records
DESCRIPTION
DESCRIPTION
Sales or Financing
Concessions
01/19/12
MLS-Tax Records
DESCRIPTION
+(-) Adjustment
DESCRIPTION
none
none (short sale)
60
Leasehold/Fee Simple
fee simple
fee simple
Site
Design and Appeal
condo
condo
condo
condo
traditional
traditional
traditional
traditional
Quality of Construction
fair
fair
fair
fair
Age
5
88
27
88
Condition
good
Above Grade
Room Count
Gross Living Area
Total
Bdms
4.0
2.0
good
20000 good
20000 good
Total
Bdms
Baths
Total
Bdms
4.0
2.0
1.0
4.0
2.0
1.0
880 Sq.Ft.
700 Sq.Ft.
Baths
Total
-125000
Bdms
4.0
1.0
914 Sq.Ft.
-15,000.00
2.0
20000 5400
storage
none
none
Functional Utility
fair
fair
fair
fair
Heating/Cooling
central heat
central heat
central heat
central heat
Energy Efficient Items
none
unknown
Garage/Carport
1
0
Porches, Patio, Deck
Fireplace(s), etc.
none
deck-patio,
fireplace
Fence, Pool, etc.
gate
■
View
■
Floor Plan Utility
■
Ext Condition’s Appeal
■
Int Condition’s Appeal
■
Overall Rating Compared
■
1
none
deck
front gate
none
-15,000.00
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Fair
Poor
Good
Avg
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Avg
Good
Avg
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Fair
Poor
Good
Avg
Fair
■
-25,000.00
-10,000.00
-10,000.00
-10,000.00
-30,000.00
tenant occupied
Other
-15,000.00
-15,000.00
Poor
Fair
1.0
unknown
10,000.00 1
front gate
Good
Lot Characteristics
unknown
Baths
800 Sq.Ft.
-15,000.00
10000 2550
4880
Location
+(-) Adjustment
none
138
none
0.50
249,000.00
311.00 Sq.Ft.
fee simple
Lot Size
Basement & Finished
Rooms Below Grade
No
$
275
Baths
Yes
* Proximity
fee simple
Days on Market
No
$
174.00 Sq.Ft.
MLS-Tax Records
+(-) Adjustment
Yes
10/27/11
$
282.00 Sq.Ft.
60
159,900.00
05/09/11
$
249,000.00
Net Adj. (total)
Adjusted Sales Price of
Comparable
Good
Avg
Fair
Poor
Good
Avg
Fair
Poor
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Fair
Poor
Good
-25,000.00
-10,000.00
-10,000.00
Good
Avg
Fair
Poor
Avg
Good
Avg
Fair
Poor
Fair
Poor
Good
Avg
Good
Avg
Fair
Poor
Fair
Poor
-10,000.00
-25,000.00
-10,000.00
-10,000.00
-10,000.00
-25,000.00
50,000.00
-55,000.00
-70,000.00
-110,000.00
194,000.00
89,900.00
139,000.00
Listing # 1 Inspected?
Yes
No
Comments:
craftsmen details withmoden upgrades, fireplac, updated throughout, tenant occupied
Listing # 2 Inspected?
Yes
No
Comments:
new carpet, new paint, new kitchen appliances. Ground floor unit. REO
Listing # 3 Inspected?
Yes
No
Comments:
old world charm with modern updates. rear deck. quiet block.
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EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
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Page 3 of 4
VII. THE MARKET VALUE
90-120 Day Value
AS IS
REPAIRED
Suggested List Price
* $
125,000.00
$
129,000.00
$
125,000.00
$
129,000.00
VII. NARRATIVE
Condition of property:
The interior is in good, move-in condition.
Refurbish vs. As is Analysis:
AS is. No repairs visible or known
Recommended Inspections and why:
none
Identify any positive or negative location influences:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic.
Property summary - include postive/negative influences that would impact the sale:
The subject property is one building next to the freeway as well as MLK blvd so there is a lot of noise pollution and traffic. Interior is in move-in condition- just needs some
appliances in the kitchen. It is a small 2BR (only 700 sq. ft.) and no outdoor space.
Signature:
Date:
Mary Lou Castellanos
03-09-12
Date Format (00/00/00)
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EQUATOR PROPRIETARY INFORMATION. This document was created by Equator, LLC for use solely by its authorized customers and affiliates, and is legally protected. Any
copying, distribution or use of this document, or any of the information contained herein, not expressly permitted by Equator in writing is STRICTLY PROHIBITED. © 2006,
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Page 4 of 4
Insurance
Certificate of Insurance: E&O and General Liability
Service Areas
List of Cities and Zip Codes
Mary Lou Castellanos
Service Area Zip Codes
Berkeley: 94701, 94702, 94703, 94704, 94705, 94707, 94708, 94709,
94710, 94712, 94720, Brisbane: 94005, Burlingame: 94010, 94011, Corte
Madera: 94925, 94976, Daly City: 94013, 94014, 94015, 94016, 94017,
Greenbrae: 94904, Half Moon Bay: 94019 Kentfield: 94914 Larkspur:
94939, 94977, Millbrae: 94030, Mill Valley: 94941, 94942, Oakland:
94611, 94618, 94609 Redwood City: 94061, 94062, 94063, 94064,
94065, San Bruno: 94066, San Francisco: 94101, 94102, 94103, 94104,
94105,
94115,
94125,
94136,
94146,
94156,
94106,
94116,
94126,
94137,
94147,
94158,
94107,
94117,
94127,
94138,
94148,
94159,
94108,
94118,
94129,
94139,
94149,
94160,
94109,
94119,
94128,
94140,
94150,
94161,
94110,
94120,
94131,
94141,
94151,
94162,
94111,
94121,
94132,
94142,
94152,
94163,
94112,
94122,
94133,
94143,
94153,
94164,
94113,
94123,
94134,
94144,
94154,
94171,
94114,
94124,
94135,
94145,
94155,
94172,
94175, 94177, 94188, 94199, San Mateo: 94401, 94402, 94403, 94404,
94497, San Rafael: 94901, 94903, 94912, 94913, 94915, Sausalito: 94965,
94966, South San Francisco: 94080, 94083, Tiburon: 94920