
PRICED BELOW PROFESSIONAL APPRAISAL
The asking price is substantially under a
professional appraisal provided by the Roger A. Sours company.
And gas
well savings and earnings makes the effective price in
line with homes costing $63,000 less. *
Real
Estate comparable's may not exist because no other property in
the area has these features and this property has been in the
same family for over 50 years
- Location location. Close to Akron/Canton Airport,
route 77, The Strip, and more.
- Private pond, deep lake for fishing, hundreds
of acres of trails on the Cleveland Museum Singer Lake Wetlands
which border 2 sides of the property and provide wetland views
in perpetuity
- A private
electric gated entry
- Free gas worth about $300,000
over 30 years *
- Superior Steel Beam Home Construction
Land next to the museum has higher valuation. For example,
land sales in neighboring Deer Pines estates show that a lot
next to the Cleveland Museum Singer Lake Wetlands costs substantially
more than other lots of the same size.
Roger
A. Sours company appraised a valuation of $500,000
for the 16.8 acres with the home "as is" before
a $75,000 renovation and with no valuation given
to any subdivision possibilities.
Roger A. Sours is most familiar with this wetlands
area and provides appraisals for the Museum.
The full appraisal
is available on request.
* Disclaimer:
Cost reductions and savings based on the storage gas well can vary due to the
price of gas, your income tax bracket, current interest rates, and possibly
other factors. We can supply a spreadsheet that shows the assumptions and resulting
savings. The gas well guarantees 250 MCF gas per year for free and royalties of
$750. As of May 2008, the gas prices is $14.57/MCF. Excess usage would be billed
at the current rate.
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