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River Ridge Appraisal Service (706) 291-4321
River Ridge Appraisal Services, LLC
River Ridge Appraisal Services, LLC
857 Technology Pkwy NW
Rome, GA 30165-1291
706-252-0303 (706) 291-4184
First Bank Mortgage
722 Columbia Ave
Franklin, TN 37064
23 Eden Dr NW COMP
10/14/2021
23 Eden Dr NW COMP
23 Eden Dr NW COMP
86-2670352
86-2670352
First Bank Mortgage First Bank Mortgage
Alena Marie Stewart
23 Eden Dr NW
Rome
Floyd GA 30165
Land Lot 132 District 4; Section 4; Lot 14 Beech Creek S/D Plat Book 11 Page 34
Final Inspection 150.00
150.00
150.00
Form NIV5D - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
FROM:
Telephone Number: Fax Number:
TO:
E-Mail:
Telephone Number: Fax Number:
Alternate Number:
INVOICEINVOICE NUMBER
DATES
Invoice Date:
Due Date:
REFERENCE
Internal Order #:
Lender Case #:
Client File #:
FHA/VA Case #:
Main File # on form:
Other File # on form:
Federal Tax ID:
Employer ID:
DESCRIPTION
Lender: Client:
Purchaser/Borrower:
Property Address:
City:
County: State: Zip:
Legal Description:
FEES AMOUNT
SUBTOTAL
PAYMENTS AMOUNT
Check #: Date: Description:
Date:Check #: Description:
Check #: Date: Description:
SUBTOTAL
TOTAL DUE $
APPRAISAL OF REAL PROPERTY
23 Eden Dr NW
Rome, GA 30165
Land Lot 132 District 4; Section 4; Lot 14 Beech Creek S/D Plat Book 11 Page 34
First Bank Mortgage
722 Columbia Ave
Franklin, TN 37064
10/14/2021
Nick Rogers
River Ridge Appraisal Services, LLC
857 Technology Pkwy NW
Rome, GA 30165
(706) 252-0303
Form GA2NV_LT - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
LOCATED AT
FOR
AS OF
BY
River Ridge Appraisal Services, LLC
857 Technology Pkwy NW
Rome, GA 30165
(706) 252-0303
10/14/2021
First Bank Mortgage
722 Columbia Ave
Franklin, TN 37064
Re: Property: 23 Eden Dr NW
Rome, GA 30165
Borrower: Alena Marie Stewart
File No.: 23 Eden Dr NW COMP
Opinion of Value: $ 167,000
Effective Date: 10/14/2021
In accordance with your request, we have inspected the above referenced property to verify that the required repairs
were made. The report of that appraisal is attached.
It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional
service to you.
Sincerely,
Nick Rogers
License or Certification #: 277012
State: GA Expires: 11/30/2021
Form SSD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
23 Eden Dr NW
Land Lot 132 District 4; Section 4; Lot 14 Beech Creek S/D Plat Book 11 Page 34
Rome
Floyd
GA
30165
0013.00
40660
Alena Marie Stewart
First Bank Mortgage
1,557
N;Res;
42
C4
5
3
2.0
Nick Rogers
10/14/2021
167,000
Borrower
Lender/Client
SUMMARY OF SALIENT FEATURES
SU
BJE
CT
INFO
RM
ATI
ON
Subject Address
Legal Description
City
County
State
Zip Code
Census Tract
Map Reference
SA
LES
PR
ICE
Sale Price
Date of Sale
$
CLI
ENT
DES
CR
IPTI
ON
OF
IMP
RO
VEM
ENTS
Size (Square Feet)
Price per Square Foot
Location
Age
Condition
Total Rooms
Bedrooms
Baths
$
AP
PR
AIS
ER Appraiser
Date of Appraised Value
VA
LUE
Final Estimate of Value $
23 Eden Dr NW COMP
23 Eden Dr NW
Rome GA 30165
Land Lot 132 District 4; Section 4; Lot 14 Beech Creek S/D Plat Book 11 Page 34 Floyd
Alena Marie Stewart 09/29/2021
167,000
Nick Rogers River Ridge Appraisal Services, LLC
First Bank Mortgage 722 Columbia Ave, Franklin, TN 37064
The railing on the rear deck has been installed.
Nick Rogers
River Ridge Appraisal Services, LLC
857 Technology Pkwy NW, Rome, GA 30165
(706) 252-0303
10/14/2021
10/14/2021
277012
GA
11/30/2021
Valuation Management Group
First Bank Mortgage
722 Columbia Ave, Franklin, TN 37064
River Ridge Appraisal Service (706) 291-4321
Form 1004DM2 - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
Appraisal Update and/or Completion Report File #
The purpose of this report form is to provide the lender/client with an accurate update of an appraisal and/or to report a certification ofcompletion. The appraiser must identify the service(s) provided by selecting the appropriate report type.
Property Address Unit #
City State Zip Code
Legal Description County
Borrower Contract Price $ Date of Contract Effective Date of Original Appraisal
Property Rights Appraised Fee Simple Leasehold Other (describe) Original Appraised Value $
Original Appraiser Company Name
Original Lender/Client Address
SUMMARY APPRAISAL UPDATE REPORT
INTENDED USE: The intended use of this appraisal update is for the lender/client to evaluate the property that is the subject of this report to determine if the
property has declined in value since the date of the original appraisal for a mortgage finance transaction.
INTENDED USER: The intended user of this appraisal update is the lender/client.
SCOPE OF WORK: The appraiser must, at a minimum: (1) concur with the original appraisal, (2) perform an exterior inspection of the subject property from
at least the street, and (3) research, verify, and analyze current market data in order to determine if the property has declined in value since the effective date
of the original appraisal.
HAS THE MARKET VALUE OF THE SUBJECT PROPERTY DECLINED SINCE THE EFFECTIVE DATE OF THE PRIOR APPRAISAL? Yes No
APPRAISER'S CERTIFICATION: The appraiser certifies and agrees that:
1. I have, at a minimum, developed and reported this appraisal update in accordance with the scope of work requirements stated in this appraisal update
report and concur with the analysis and conclusions in the original appraisal.
2. I performed this appraisal update in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted
and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal update was prepared.
3. I have updated the appraisal by incorporating the original appraisal report.
4. I have summarized my analysis and conclusions in this appraisal update and retained all supporting data in my work file.
SUPERVISORY APPRAISER’S CERTIFICATION: The Supervisory Appraiser certifies and agrees that:
1. I directly supervised the appraiser for this appraisal update assignment, have read the appraisal update report, and agree with the appraiser’s analysis,
opinions, statements, conclusions, and the appraiser’s certification.
2. I accept full responsibility for the contents of this appraisal update report including, but not limited to, the appraiser’s analysis, opinions, statements,
conclusions, and the appraiser’s certification.
CERTIFICATION OF COMPLETION
INTENDED USE: The intended use of this certification of completion is for the lender/client to confirm that the requirements or conditions stated in the
appraisal report referenced above have been met.
INTENDED USER: The intended user of this certification of completion is the lender/client.
HAVE THE IMPROVEMENTS BEEN COMPLETED IN ACCORDANCE WITH THE REQUIREMENTS AND CONDITIONS STATED IN THE ORIGINAL
APPRAISAL REPORT? Yes No If No, describe any impact on the opinion of market value.
APPRAISER'S CERTIFICATION: I certify that I have performed a visual inspection of the subject property to determine if the conditions or requirements
stated in the original appraisal have been satisfied.
SUPERVISORY APPRAISER’S CERTIFICATION: I accept full responsibility for this certification of completion.
SIGNATURES
ADDITIONAL CERTIFICATION: I/we certify that if this report was transmitted as an "electronic record" containing my "electronic signature," as those
terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this report containing a copy
or representation of my signature, the report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered
containing my original hand written signature.
APPRAISER
Signature
Name
Company Name
Company Address
Telephone Number
Date of Signature and Report
Effective Date of Appraisal Update
Date of Inspection
State Certification #
or State License #
or Other (describe) State #
State
Expiration Date of Certification or License
CURRENT LENDER/CLIENT
Name
Company Name
Company Address
SUPERVISORY APPRAISER (ONLY IF REQUIRED)
Signature
Name
Company Name
Company Address
Telephone Number
Date of Signature
State Certification #
or State License #
or Other
State
Expiration Date of Certification or License
SUPERVISORY APPRAISER
Did not inspect subject property
Did inspect exterior of subject property from street
Date of Inspection
Did inspect interior and exterior of subject property
Date of Inspection
Page 1 of 1Freddie Mac Form 442 March 2005 Fannie Mae Form 1004D March 2005
My analyses, opinions, and conclusions were developed, and this report has been prepared, inconformity with the Georgia Real Estate Appraiser Classification and Regulation Act and theRules and Regulations of the Georgia Real Estate Appraisers Board.
FORECLOSURE ACTIVITYPer GA Law, the appraiser must report on the effect of foreclosures (if any) on the subject'smarket value and marketability. These factors were considered in the analysis of the subject'smarket and final opinion of market value. The effect of the foreclosures has already beenreflected in the comparables chosen by the appraiser and therefore the effect on the opinion ofvalue.
The appraiser has preformed any prior service for the subject property within the last three yearsbut has no other involvement, other than this appraisal report, with the pending transaction.
The inspection fee for this report was $150.
INTENDED USE AND INTENDED USERS: The intended users of this appraisal report is the lender/client. The intended use of this report isto evaluate the property that is the subject of this appraisal for a mortgage finance transaction,subject to the scope of work, purpose of the appraisal, reporting requirements of this reportform, and definition of market value. No additional intended users are identifies by the appraiser.
Supplemental Addendum
Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
23 Eden Dr NW COMP
Alena Marie Stewart
23 Eden Dr NW
Rome Floyd GA 30165
First Bank Mortgage
Borrower
Lender/Client
Property Address
City County State Zip Code
File No.
Form GPIC3X5 - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
Photograph Addendum
Alena Marie Stewart
23 Eden Dr NW
Rome Floyd GA 30165
First Bank Mortgage
Railing on deck
Railing on deck
Blank
Borrower
Lender/Client
Property Address
City County State Zip Code
E&O Insurance
Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
License
Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE
