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<br />, ," <br /> <br />. <br /> <br />. <br /> <br />- [H <br /> Miii,. <br /> REALTOR"' <br /> "'@ <br /> <br />,thcA,,. ~tll't~ <br /> <br />ROSA JOHNSON <br /> <br />BROKER <br /> <br />513 PARK <br />BA YTOWN, TEXAS 77520 <br />TELEPHONE 424-4575 <br /> <br />e <br /> <br />LA PORTE OFFICE: Fairmont Parkway at S. Second <br />La Porte, Texas 77571 <br /> <br />PHONE: ( 713 ) 471- 9 5 0 3 <br /> <br />Mr. and Mrs. Carl W. Lyons <br />La Porte, Texas 77571 <br /> <br />CERTIFIGATE: For Fair Market Value <br /> <br />We hereby certify that we have analyzed the property described <br />as: <br /> <br />e <br /> <br />A tract of land being approximately 25/ x 111.06', <br />said land lying between Block 1 and Block 2, of <br />CRESCENT SHORES ADDITION, and adjoining the East <br />property line of Lot 7 in Block 2 of said Addition. <br />It is further described as 'being a portion of <br />land forming a point of intersection with the <br />East end of Edgewood Avenue where it intersects with <br />Crescent Drive. <br /> <br />The purpose of this appraisal is to estimate the market value <br />of the subject property. Market value is defined as the high- <br />est price estimated in terms of money which a property will <br />bring if exposed for sale in the open market allow~ng a <br />reasonable time to find a purchaser who buys with knowledge of <br />all the uses to which it is adapted and for which it is <br />capable of being used. <br /> <br />It is our opinion that the fair market value of said property <br />as of October 16, 1980 is: <br /> <br />NINE HUNDRED SEVENTY-ONE AND 78/100 DOLLARS ($971.78) <br />75% thereof is $728.83. <br /> <br />e <br /> <br />We further certify that we have no present or contemplated <br />future interest in the property appraised or the result of <br />this appraisal. <br /> <br />~JtjL.:d~ <br />Ho a . . Jo 6ker <br /> <br />4~ <br /> <br />Pam Brieden ~ <br /> <br />C .,c-/~. . <br /> <br />Faye i. Hollaway <br /> <br />