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r <br />• <br />OTIS GRAHAM, AFLM <br />GRAHAiVi CONSULTANTS <br />ONE ALLEN CENTER, SUITE 1000 <br />HOUSTON, TEXAS 77002 <br />OFFICE (713) 759-0965; NIGHT (713) 422.2327 <br />. December 2, 1978 <br />• City of La Porte <br />La Porte, Texas 77571 <br />Gentlemen: <br />DOROTHY GRAHAM, GRI <br />As you requested, I have appraised a 6,656 sq, ft. tract of <br />land in Block 986, City of La Porte, Harris County, Texas <br />and as shown on the attached Plat, for the purpose of estimating <br />the Fair Market Value of said property. <br />In my opinion the highest and best use of Subject Property is <br />Single Family Residential. <br />It is~my opinion that the property appraised had a Fair Market <br />Value as of December 2, 1978 of: <br />Fee Value: 6.,656 s/f @ $0.55 s/f = $3,660.00 <br />Easement Value: 75~ of Fee Value = ~ $2,745.60 <br />Certification: <br />I hereby certify that I have personally examined the <br />property appraised; that the statements contained in <br />this appraisal and upon which the opinions expressed <br />herein are based are true and correct to the best of <br />• my knowledge and belief, subject to the kimiting con- <br />ditions herein set forth; that to the best of my <br />knowledge and belief no pertinent information has been <br />overlooked or withheld; and that I have no interest <br />either present or contemplated in the property appraised <br />or in the proceeds to be derived therefrom. <br />The attached Plat, Appraiser's Qualifications and Contingent <br />and Limiting Conditions are made a part hereof. <br />Respectfully submitted, <br />i~ "~ <br />-is Graham, AFLM <br />• ~ Appraiser <br />