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~ STANTON J. BROSILOW D ~/3
Licensed Real Estate Broker
207'/, arange Avenue • Fort Pierce, Florida 33450
REALTOR' (305) 464•7779 Z J G' 4/ S` ,
May 1, 1984
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?o Whom It May Concern: '
Re: Estate of Alice Zachery
1212-1210 Ave. F. Fort ~ierce, F1.
Date of death; March 6, 1984
Property legally described 4-35-40 E 120 Rt of W 330 Ft of N 100 Ft of
S 495 ft of E~ of SE St. Lucie County, Rl.
Lot: 120' x 100'. City sewer and water and electric. The average
recozded prices for lots in the area are $SO.00 per front foot for
similar locations. Land value $S,OOO.OOi~ .
Improvements: One wood-stucco single family residence, with tar and
gravel flat roof, 756 sq. ft. under roof. Constructed 1926 and
remodled 1967. Wood floors. Awning windows. Minimum electric service.
Plumbing fair. 2 bedrooms and 1 bath. Excellent refrigerator. Ra:.~ge
very old and well worn. Both interior and exterior reflect age and
general neglect. Settlement cracks in stucco. Taking all of the above
into consideration, an~th comparable sales in area, and trying to
establish a remaini~ economic life I would set the value at $8.00
per sq. ft. (756 x;$= ) or $6,048.00.
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Gne wood-stucco iesidence, with tar and gravel flat zoof,550 sq. ft.
under roof. Cons~tructed 1946. Remodeled 1962. Wood floors. Awning
windows. MinimumE electzic sezvice. No heat or air. 5 rooms with 1
bath. Neglected'kitchen. General overall condition poor. Holes in
party walls. Converted to rooming house. Based on remaining econonmic
life and income only, I would appraise this unit at $3,000.00.
In my professional judgement, taking into consideration age, present
condition, and potential income to an investor, I would appraise the
i above property, as of the date of the death of Alice Zachery, to be
$14,048.00 -
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? Respectfully submitted this date,
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~ Stanton J. Brosilow, Realtor ~
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~ * Land should be $6,000.00 but premises are barren in front and the
~ rear is cluttered with debris ar.d junk and old foliage. It would
~ pzobably cost close to $1,000 to clear up the site.
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