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Home My WebLink AboutCOM 0547.000 2002-2004 J~~Y Os Harry Kim William Takaba Mayor Direc[or Nancy E. Crawford i~•.~ Deputy Direc(or ~~Ol~M•~ County of Hawaii Finance Department 25 Aupuni Shect, Room I IS • Hilo, Hawaii 96720 rv (808)967-8234 • Fax (808) 9GI-8248 ° c~ March 1, 2004 Own ~ ~ Honorable James Arakaki, Chairperson and ~ Members of the County Council Hawaii County Council 25 Aupuni Street o Hilo, Hawaii 96720 ~ - SUBJECT: Grant of Retaining Wall Easement over Government Road Right-of-Way Kona Heights Subdivision, Increment II, FP 1077, Hienaloli 5~h & 6~", North Kona, Hawaii TMK: (3) 7-5-29 Enclosed is a resolution, which authorizes a grant of retaining wall easement to Ms. Beth Ann Frye, at Kona Heights Subdivision, Increment II, FP 1077, Hienaloli 51h & 6cn North Kona, Hawaii TMK: (3) 7-5-29. An independent appraiser has determined that the fair market value of the retaining wall easement with an area of 29 square feet is $572.00. That appraisal is attached for your information. If you have any questions, please call Stanley Iwamoto of the Account Division at 961- 8439. /~~~/7 William Tak ba Director of Finance APPROVED: C~~~~.~tx~"o' Harry Kim Mayor Enc. 5~•! Comm. No. cc: Stanley Iwamoto, Accounts Division Ref. To: /Z PS !b Ref. Dcte,•(f~ BAIRD APPRAISALS P.O. Box 665 Captain Cook, Hawaii 96704 Ph: [8087 322-2634 Fax: 16061.324-67'16 February lQ, 2004 Derinda Thatcher Clark Realty 75-5722 Kuakini Hwy #103 Kailua-Kona, HI 96740 RG: TMK:375-29-53 75-5787 Nele Place, Kailua-Kona, H[ 96740 29 sq.ft encroachment Dear Ms. Thatcher At your request we completed an appraisal of the raw site of the above referenced property. The estimated unencumbered fee simple value, free of any site improvements or existing encroachments is estimated at $190,000 or $19.73/sf The subject rock wall encroaches into the county right of way- The county has agreed to an easement within its right of way. The appraisal values the area as a complete taking since the exclusive use of the area will belong to the subject after the easement. The total area under the encroachment is 29 square feet. The value estimated per square foot is $19.73/sf x 29 sq.ft. $572. "therefore, the estimated value of the land area under the subject rock wall within the county right of way is $572.00. Trust the foregoing outlines our position with respect to the value of the encroachment area. Re~spectfullx subi~,irfi~ed, r,/ oelle Baird ESA 545 1 i' %'J SP. i Latry R. Baird CGA 286 LAND APPRAISAL REPORT Kona Heights File No. 3357 Borrower FRYE _ _ _ Census Tract _216.01 Map Reference 375-29-53 Property Address 75-5787 Nele Place City Kailua-Kona _ County Hawaii State HI _ Zip Code 96740 _ Legal Description LoHf108 Kona Heights Subdivision Inc II, F.P. 1077 Hienaloli 5 && 8 North Kona Sale Price $ Not disclosed Date of Sale pend'ing__ Loan Term Unknow yrs. Property Rights Appraised Fre Leasehold Ir~ De Minimis PUD _ Actual Real Estate Taxes $ 685/Ind 03 (yr) Loan charges to br, paid by seller $ n/a _Othel sales concessions Unknown Lender/Client Clark ReaIN _ Address 75-5722 Kuakini Highway Suite 103 Kailua-Kona HI 96740 _ Occupant Residence Appraiser Joelle BaIrdlLarry R. Baird Instructions to AppraiserFormluate Opinion of Current Market Value for unim roved lot to determine the er 5 Ft. value of coon ri ht of wa that is bein encroached into b sub~ect rock walls. Location Urban Suhurban Rural Good Avg. Fair Poor Built Up ~ Over 757 257 to 757 'I 'Under 25% Employment Stability 'I Growth Rate ~ ]FullyDev. [ Rapid Steady i, 'Slow Convenience toEmploymeM I,_] ' Property Values j>~ Increasing [ _ Sfahle ~I I Declining Convenience to Shopping _ ~ Demand/Supply j~<] Shodage r~f In Balance Oversupply Convenience to Schools ; _ Marketing Time ~ Under 3 Mos. ~ ] 4-6 Mos. _ Over 6 Mos. Adequacy of Public Transportation ~ j ] ~ ] ! _ I Present Land Use 70%1Family72-4 Family %Alda __%Condo_ _%Commercial Recreational Facilities ~I Y Industrial 307 Vacant % _ _ Adequacy of Utiltties ~ r~ ~ 1 ~ - ~ - Change in PrasaM Land Use Not Likely ~ Likely i` Taking Place Property Compatibility ~ ~ d, I i, From _ To _ Protection from Detrimental Conditions I ~ , I Predominant Occupancy j~"j Owner ~ Tenant _t %Vacant Police and Fire Protection I 1, ~ Single Family Price Range $ 300 000_ to $ 600 000_ _ PredominarA Valor, $ 400,000 General Appearance of Properties I Single Family Age New yrs. to 30 yrs. PradominarA Age 15 yrs. Appeal to Market ~ _ Comments including those factors, favorable or uMavorable, affecting marketability (e.g. public parks, schools, view, noise):Kona Hel htg s is a residential subdivision _ located a roximatel 1 mile SE of Kailua Village (largest town in_ West Hawai1,major servicesJSchools_approx 2 miles NE. Hospital is _ located a roximatel 12 miles S Improvements in sub__division range. from averagegood quoit sin le (omit homes. Views from subdivision ran e from some ocean to ood coastline. Dimensions See attached maw _ _ = 9,630sf _ Sq. Ft. or Acres Corner Lot Zoning classAlcation A-5A(agriculture min 5 acre lots) formerly unplanned.. Present Improvements _ do ~ do not conform to zoning regulations Highest and best use Present use ]Other (speedy) _ Public Other (Describe) I OFF SITE IMPROVEMENTS Topo Moderate _ _ Elec. Street Access i Publle Private Size TYp'ical for Subdivision Gas ~ Indlvidual___ Surface Asphalt (Shape Rectangular Water _ _ Maln[enance Public ~ ,Private View Some Ocean _ San. Sewer j f Cesspool _ ~ Storm Sewer ~ ,Curb/GiMer Drainage Appears Adequate. Underground Elert. $ Trl. Sidewalk _ _ ~ Street LIgMs lathe property located in a HUD Identified Special Flood Hezerd Aree? ~ No Yea Comments (favorable or unfavorable'mcaiding any apparent adverse easements, encroachments, or other adverse condlunns). .FIRM CP 155166 713D revised 6/95 No adverse easements. Sub-act is improved with residence $ ancillary improvements which are not valued in this report. No value given to landscaping or rock walls on site. Subject rock wall encroaches into coon. ri ht of way View from ground level of subject is some ocean. The suh~ect roe is current) in escrow list rice $489 000 details of sale were not disclosed to a raisers. The undersigned has recited three recent sales of propedles mast similar and proximate to sublet( and has considered these In the market analysis. The description includes a dollar adjustment reflecting market reaction 'o those Items of significant variation hetwren the suh'lect and comparahle pronertles II a signdlcant Item in the comparable property Is superior to or mare favorable than the subject property. a minus adjasfinent Is made thus reducing (he indicated valde of sublecL d a signlhcant Item In the comparahle is inferior to or less favorable than the subject property, a plus adjustment is made thus increasing the indicated value of the subject. _ ITEM SUBJEGT_PRQPERTY COMPARABLE N0, 1 _ _ COMP_A__R_ABLE N0. 2 _ CO_M__P_ARABLE N_0._3_ Address 375-29-53 375-27-20 377-21-103 373-34-59 75-5887 Nele Place _ 75-5819 Peleklla Place _ Kololla Street _ 73-4338 Kukulu Plac_e_ Proxim' to Sub~ect _ 9 Sheets West 2 Miles South 5 Miles NE _ Sales Price $ Not disclosed $ 140,000 $ 200 000 - $ 175 000 Price Per SF $ _ _ r~ _,_17.78 _ $ 13.2.6 $ 16._8_4 Oata Source Ins ectionl_Broker _ _ _ MLS/TMK/Files MLS/TMK Service _MLS/TMK/Broker - Date of Sale and DESCRIPTION DESCRIPTIONN T++(= f $ Adllst. DESCRIPTION + - $ Ad'ust DESCRIPTION. T+I- Adust. - _ Time Adjustment ending 8103, DOM 4 _ I +q 0_,000 11/03 DOM 7 1/04 DOM 1 ~ _ Location Kona Heights Kona Heights Komohana Kai Kona Palisades +10y00 SdeNiew 9630sf _ 7870sf_ +5,000 15081st -10,000 10389sf View Some Ocean _ Ocean _ _ _ =_5,00.0_ Good Oc_ean_ -10,000 Some Ocean Access Paved _ _ Paved Paved Paved Im rovements Not valued Old Grubbing Grubbed Old Grubbing To o ra h Moderate Moderate ~ .Moderate ~ Moderate _ Sales or Financing Unknown Conven Conven Cash Concessions MLS# 125241 D#03-170201_ ~ _ _D_#03-2460_69 MLS# 129112 Net Ad~. Dial - ~ 40,000 ~ ~ + - $ 20,000 f`< + - _ _ 10,000 Indicated Value - of Subject $ 180 000 $ 180 000 $ 185,000 Comments on Market Data: Comp#1 is the most recent land sale in Kona Heights~ncreasing market TMK: 382-11-5-2 sold in 6103 for $165,000 &now in escrow for approx $279 000 an approx 30% increase smaller site slightsuperior view Comp#2 Is tar eg r site su eP riot view. ~slmllar location- Comp#3 is infedor for location historically lower values), similar size ste with simtlar view See additional escrow- Commerrts and Conditions of Appraisal: This apLraisal Is a complete appraisal summary report for encroachment settlement up rposes not Intende__d .for an other use. There are no current land listings in Kona Heights or in the general area Appraisal values unimproved site free_f_ro_m all _ _ _ improvements and existing encroachments See attached letter addressing the value of the area under the encroachment. Final Reconciliation. Market roach i the best indicator of value for the subtect as It represents actions of buyers & sellers in the open market No cost approach due no buildings that are valued No income approach because residential sltes_are not typically bout & sold for its income potential. 1 ESTIMATE THE MABAET~ LUE AS O~IN SUBJECT PROPERTY AS OF FebrUarY 3 ZD O4 }0 be $ 190,OOO r - - _ ~ C ~ N /~~~,~,..:f,.i~/ J Ile Bair arty B ~ d _i' / _ Did ~ Oid Not Physically Inspect Property Apr tsar(s) f Review Appraiser (it applicable) jypK'~ i BAIRDAPPRAISALS Form LND - "TOTAL for Windows" appraisal sofhvare by a la mode, ma -1-800-ALAMODE LAND APPRAISAL REPORT MARKET DATA ANALYSIS Kona Heights File No, 3357 ITEM SUBJECT PROPERTY _ COMPARABLE N0. _4 _ __C_OMPARA_BLE N0. 5_ COMPARABLE N0. 6 _ Address 375-29-53 377-21-16 75-5887 Nele Place Kupuna Street _ _ _ Proximi to $ub~ect 2 Miles Suuth _ _ _ _ Sales Price $ Not disclosed $ 249 911 $ _ - - $ _ Price Per SF $ _ $ 16.65 $ _ _ $ Data Source Ins ection/Broker MLS/TMK/Broker Oate of sale and DESCRIPTION _ DESCRIPTION. + _Ad~ust. DESCRIPTION _ + - $Just. DESCRIPTION +I-1$ Adiust_ Time Ad'ustmen[ endin Escrow DOM 61 _ - - - - Location Kona Hei hts Komohana Kai = SiteNiew 9630sf 15001 sf_ _=10000 _ _ View Some Ocean Gd Ocn/CoasVBay35,000 _ _ _ = Access Paved _ Paved _ Im rovemeMs Not valued Grubbed ~ _ To o ra h Moderate Moderate _ Sales or Financing Unknown Conven Concessions MLS# 125241 MLS# 130406 ~ _ _ Net Atl'. otal _ I + - $ 45 000 f + i i - _ I $ + - $ _ _ Indicated Value - of Sub~ect $ 204 911 $ $ Comments, ComP#4 is in escrow similar location larger site, vastlYsuperior view _ _ BAIRD APPRAISALS Form LND.~AC) - "TOTAL for Windows" appraisal software by a la mode, Inc.- 1-800-ALAMODF DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a compotltlve and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implied in this definAion is the consummation of a sale as of a specified date and the passing of tAle from seller to buyer ender conditions whereby: (1) biryer and seller are typically motivated; (2) both parties are well Informed or well advised, and each acting in what he considers his own bast interest (3) a reasonable time is allowed for exposure in the open market; (4) payment is made In terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the pricy, represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions` granted by anyone associated with the sale. `Adjustmerrts fo the comparables must be made for special or creative financing or sales concessions, No adjustments are necessary for those costs which are normally paid by sellers as a resub of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in vldually all sales transactions. Special or creative financing adjustments can be made to the comparable, property by comparisons to financing terms offend by a third pally institidlonal lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification chef appears In the appraisal report is subject to the following conditions: 1. The appraiser will not be respon_clhle for matters of a legal nature that affect Dither thy, property being appraised or the title to R. The appraises assumes that the Ellie is good and marketable and, therefore, will not render any opinions aboirt the title. The properly Is appraised on the basis of R being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located In an Iderrt'died Special Flood Hazard Area. Because the appraises Is not a surveyor, ha or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not glue testimony or appear in court because, hr, or she made an appraisal of thy, property in yuostion, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at ds highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are Invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the Inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless othenvlsn stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparerA conditions of the property or adverse environmental conditions (including the presence of h2caidous wastes, toxic substances, etc 1 that would make the properly more or less valuable, and has assumed that there are no such conditions and makes no guararAeas ur wananlies, express or implied, regarding the cond'dlon of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that mlgM be required to discover whether such conddions exist. Because the appraiser is not an expod In the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of }he property. 7. The appraiser obtained the irrforma}ion, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be tme and correct. The appraiser does not assume responsibility tot the accuracy of such Aems that were furnished by other parties. 8. The appraiser will not disclose, the conlonts of thy, appraisal report except as provided for 'm the Uniform Standards of Prolesslanal Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conchrslon for an appraisal that is subject to satisfactory completion, repairs, of alterations on the assumption tha9 completion of the improvements will he performed In a workmanlike manner. 16. The appraiser must provide his or her prior written consent before the londedclient specified in the appraisal repod can tlisMbute the appraisal report (including conclusions about the property value, the appraiser's identity and processional deslgna}ions, and references }o any professional appraisal organizations or the firm wRh which the appraiser is associated) to anyone other than the borrower, thy, mortgagee or its successors and assigns; the mortgage insurer, consuRants; professional appraisal organizations; any state or federally approved financial Institution; or any department, agency, or instrumentality of the United States or any state or the pis4lct of Columbia; except that the lender/client may dishibute thy, property description section of the report only to data collection or reporting service(s) without having to obtain the appraisers prior written cunserA. The appraiser's written consent and approval must also be obtained before the appraisal can be convoyed by anyone to the public through advertising, public relations, news, sales, or other media, Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 1064B 6-93 BAIRN APPRAISALS Form AGR"TOTAL for W'mdows" appraisal software by a la mode, inc-- 1-BOO-ALAMODE APPRAISER'S CERTIFICATION: The AppraisercedlfiesandagreesihaC 1. 1 have researched the subject market area and have selected a minimum of three recent sales of properties mast similar and proximate to the subject property far consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of signAicant variation. ff a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable, an4 A a significant %em In a comparable property Is inferior tq or less favorable than the subject propeiTy, I have made a positive adjustment to increase the adjusted sales price of the comparable 2. 1 have taken Into consideration the factors that have an impact on value In my tlevelopmenl of the estimate of market value In the appraisal report. I have not knowingly withheld any significant Information from the appraisal report and I believe, to the best of my knowledge, that all statemerrts and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and proiesslonal analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specAied in this form. 4. I have no present or prospective interest in the property that Is the subject to this report, and I have no present or prospective, personal interest or bias with respect to the, participants in the transaction, I did not base, either partially or completely, my analysis and/or the estimate of market value in the, appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject propetly or of the preserrt owners or occupants of the properties In the vicinity of the subject property. 5. I have no present or contemplated hdure irAeiest in the subject property, and neither my cu«enl of fuhire employment nor my compensation for performing this appraisal is contingent on the appraised vahie of the property. 6. I was not required to report a predeterm'med value or direction in value that favors the cause of the client or any related party, the amount of the valor, estimate, the attainment of a specfic result, or the, occurrence of a subsequent event In order to receive my compensation and/or employment for performing fhe appraisal. I did not base the appraisal report on a reguesird minimum valuation, a specific valuation, or the nerd fo aUProve a specific mortgage loan. 7. I performed this appraisal In conformity with 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 as of the effective date of this appraisal, with the exception of the tlapadure provision of those Standards, which does not apphr. I acknowledge that an estimate of a masonable time for exposure in the open market Is a contlttlon In the tletinklon of market value and the estimate I developed Is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected 4he Interior and exlerioi areas of the subject properly and the, exlerioi of all properties listed as comparables In the appraisal report. I further certrfy that I have, noted any apparent or known adverse, condltlans in fhe subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have, made adjustmerAS tar these adverse conddions in my analysis of the property vahie to the extent that I had market evidence to support them. I have also commented about the affect of the adverse conditions on the, marketability of the subject property. 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. d l relied on signrficant professional assistance from any Individual or individuals in the performance of the appraisal or the preparatlon of the appraisal report, I have named such individual(s) and disclosed the specirfic tasks performed by them In the reconciliation section of this appraisal report I cedHy that any individual so named is qualrfied to perform the tasks. I have not aiAhorized anyone to make a change to any item in the report, therefore, if an unauthorized change is made to the appraisal report, I will take, no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: d a supervisory appraiser signed the appraisal report, he or she certifies and agrees chat I directly supervise the appraisal who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking toll responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 75~-5787 Nele Place Kailua-Kona HI 96740 APPRAISER: ~/a, q' ~ SUPERVISORY APPRAISER (only if required): 1 ~ y`" ~ ~ ~ ~ ' ' ~ ^"il~~ " ~ Signature: / ri Si nature: _ _ _ _ _ - - g Name: Jo I Baudltar -R. Bair Name. _ Date Si ne ~ ~ Februa 10 2004 _ _ - ~ 9 ~ 1` r . Oate Signed. _ _ _ _ State CediP~ lion CRA 545lCGA 286 _ _ _ State GertAication or State License or State License State'. H 61atP.'. Expiration Date of Certification or License: 12131/2005 _ Expirailon Date of Certiflcatlon or License: Did ~ Did Not Inspect PropeRy Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae form 10048 6-93 Form ACR - "TOTAL for Windows" appraisal software by a la muds, inc. - ~-800-ALAMODE ADDITIONAL CERTIFICATION Borrower FRYE _ _ File No. 3357 Pro re Address 75-5787 Nele Place C Kailua-Kona _ _ Caurrry Hawaii _ _ _ _ Slale HI _ ZI~Code 96740 _ Lender Clark Real APPRAISER'S CERTIFICATION: The Appraiser certifes and agrees that 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideraton in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items or significant variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any signifcant informaton from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report and true and correct. 3. I stated in the appraisal report only my own personal, unbiased. professional analyses, opinions, and conclusions, which are subject only to the contngent and limding conditions speafied in this form. I certfy that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct The report analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions and conclusions. 4. I have no present or prospectve interest in the property that is the subject of this report, and no personal interest with respect to the parties involved. I did not base, either partially or completely, my analysis andlor the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or the present owners or occupants of the propertes in the vianity of the subject property. 5. I have no present of contemplated future interest in the subject property, and neither my current or future employment nor my compensation for pertorming this appraisal is contingent on the appraised value of the property 6. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. 7. My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Prac4ce in place, as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estmate of a reasonable time for exposure in the open market is a condition in the definition of the market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have made a personal inspection of the property that is the subject of this report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse condi4ons in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. No one provided signifcant professional assistance to the person signing this report ~ 9 APPRAISER ~ ~ ~Y ~ .a SUPERVISORY APPRAISER (only if required): y/~ J 6 / ~ f`' Signature: ~6Y5~?l~aµ.-- ~ / ~~~~"~~F j Signnture: Name: Jogil@ BairdlLarry R Baird ' Name. Date Signed! .February 10, 2004 _ _ _ _ _ Date Signed: _ - State Certrfi atfon CRA 545/CGA 286 Slate Cerirficafion or State License or State License State: HI _ State: Expiration Date of Certification or License- 12/31/2005 _ _ Expiration Date of Certlficafion or License'. I 1 Did i Did Not Inspect Property BAIRD APPRAISALS Form ID4- "TOTAL tar Windows" appraisal software by a la made, Inc. - 1-800-ALAMODE Supplemental Addendum flleNo. sss7 Borrower/Client FRYE Pro a Address 75.5787 Nele Place C Kailua-Kona Cou Hawaii S1afe HI Zi Code 96740 Lender Clark Real SCOPE AND PURPOSE This appraisal conforms to the Uniform Slandartls of Professional Apprrisal Prrcticc except Drat the departure provision does not apply. This report has bccn compldcd to fonnulalc mr opinion of the nrnrkct value of the subjccl property, as it was on Urc date of the appraisal The appraisal's scope included a thorough inspection and description of the subjccl property followed by a dclcrminalion of the subject's highest and best use. An estimate oC the snbjccl's value was arrived at via Ibe market comparison approach. The markcl approach was undertaken via selecting compnrrbles from the same or competing market areas and adjusting them for dif7erences, (hereby reflecting a value indication for the subjccl Cost and income may also be included (as applicable). The results of the applicable approaches to the value were then reconciled and a final value estimate for the subjccl was concluded. The report, in writing wifJr all of ifs addenda is a sununary report with all the necessary information needed to support the value conclusion. This report may be used only by the identified users for (he use staled below. Purpose of Appraisal: Pornndate Opinion of Current Market Value of vacant site to dclennine value under rock wall encroaching into county right of way. Function of Appraisal: Encroachment sclllcmcnl Intended Users oCApprrisal: Those in conncclion with the encroachment sclllcmcnl process Compartbles wcrc researched within the past C, momhs to I year Qonger tf necessary) from the following sources: A. TMK computer service which includes all recorded salts and (heir recordation document numbers B. Rcdi Really Sales Scrvicc (RSS) which contains similar information us the TMK service. C. Multiple Listing Service (MLS) produced by the Board of Realtors which includes information on listings, sales and pending sties. D. Real estate brokers and our o(lice f Its E. Buvcrs and sellers This addendum should be attached and become part of Ibc appraisal. Appraiser(s) ceraify drat the digital photos contained in (his report have not bccn enhanced or modiLed. The appraisal cstint7rtcs the value of the real propcrly. No personal propcrly, fi.xtures or intangible itcins Thal arc not real propcrly arc conlaincd in Ibc estimate of market value. The following is ?n onal}~si.c and reporting on the current markcl trends and conditions that will afTeet the projected income of, the absorption rate of ur the value of the subjccl and its su rrowxling area: Thcrc have bccn incraascs in values in land seen since 2003 levels. Thcrc is limited supply available. The following is an analysis and repo rung of appropriate deductions and discounts for any proposed construction, or arty completed properties that arc partially leased ur leased at other than marlcct rents as of the date of the appraisal, or any tract dcvclopmcuts with unsold units. The subject is not proposed or lensed. No nearby devclopnacnls arc cspected to negatively impact the subjccl. 1. Wcrc current conyw rohles (within sic monlbs) used in the market approach'' Ycs, best available comps wcrc rclicd upon. No other more recent or similar sales wcrc available Cor analysis. 2. Wcrc m;vleel comp:u'ablcc located within the inunedinle or in similar mar9cet areas to the suD,jecC' Ycs, best avaihable comps ss'cre rclicd upon. 3, is there buydnwn, subsidy ur any other special linancing involvcrl with the comparables' No. 4. I)n the total net adjustments fur each compa rabies esccal 1 i'%~ ml'the sales price of that tr:msaction? Compit I due older sale Conapil4 due superior vices. 5. Indicate conclusions fur Highest and Res( Use. In arriving al highest and best use, the appraisers have considered utilities ns:riloblq what is physically and legally possible, and financially feasible and resells in the highcsl value, Wilh Ihcse criteria in mind and the predoininale use in the neighborhood, the highcsl and best use of the subjccl is single tinnily residcnlial dcvclopnrcnt. Does the subjccl site conform to cu rrenl zoning ordinances? (State land use and the County of Ilawaii arc in amllict rover dsrcllings allowed in agricultural zoned areas, Stale says must be erg related dwelling, County has no restrictions, appraisal assrunes conllict dues nut affect residrnlial acreage potential of erg zoned parcels). The silt is snuallcrlhun nllowal by zoning but is Icg,al non conforming. 7. Do su b,jccl impravcmcnts ;grpcn- In confer rm hr 'inninf; ordin:uu•cs° Not valued. K. Was there any s:rluc given to improvements apps renllr boil! without permits? n/a. Was income or n•nr considered for unpm'anitted areas or additions? ?~8. 111. Ciro a sales history ol'the cum pn rablcs if the subject prupe. rty is located in a speculative area. Typically in Hawaii, n ccnain nundicr of properties arc purchased far spcculaliom 11. What volcano ha'r.a rd :n'ea is the subject located in ;unl how does Ihis affect ila' raluc? Thcrc is current volcanic uclivity taking place on the Island of I-Inwaii. The subjaa is locoed within loot 4. The couaparables Farm TADD - "TOTAL (or Windows" appraisal sottwarr, by a la mode, inc. - 1-800-ALAMODE Supplemental Addendum FaeNo. 3357 Borrower/Clirrt FRVE _ Pro e Addrrss 75-5787 Nele Place C' Kailua-Kona Cou Hawaii _ _ State HI Zp Code 96740 Lender Clark Realt chosen arc in a similar zone. Markclability in This zone as a result of volcanic activity has not had any disecrniblc cficct on values. 12. If the subject is in a flood hazard area, how does this alTect its value? The subjccf is nor located in a flood zone per FIRM maps. ]3. Summarise the subject's ourrent sales contract including, any sales concessions or personal property included in the sale. Property in escrow, no details provided to appraiser. 14. Has the sub,jcct Uccn ol'fcrcd for sale in the taxi 311 d;n~s? In escrow. (5. Analyze and report d~tla on current tetanus and vacancic.c for the subject if' it is or will be inenme producing. The subject is not income producing. 1(. Analyze and report a reasonable nuu9<ct expostn•e pa~iod for the subject property. Market exposure period for sales within snbjccl area range from 0 l0 4')2. The estimated markcl exposure period, at price approxinuuing appraised value is under 3 months. 17. Legal description of the property is attached. No legal description was provided. 1K. Ilas the sub.jecL or comps tr:msferred within the past three cca rs'' The snbjccl sold in 12/(12 for $186,000. None of the comps Iruislcncd ~~~il tun the past 1 }~rirs. ADDITIONAL DISCLOSUt2ES Larry R. E3aird is a CGA licensed appraiser in the 51a1e of Hawaii and has Deer 25 years expericnee appraising on the Eiig Island. He is a candidnle with Ibc Appraisal Inslilulc. I ccrlily Ihat, to the best of knowlcdgc and belief That the reported analysis, opinions and conclusions were developed and This rcporl has been prepared in conformity with the rcquircmcn(s of the Code oC Ethics and the Standards of Professional Practice of the Appraisal Laslilule. I ccrlily that the use oCihis report is subjccf to the rcquirrmcnls oClhc Appraisal tnslihilc relating to review by its duly aulhorizcd rcprescnlalivcs. Joclle Baird is a CcrliGcd Rcsidcnlial Appraiser in the Stale of Hawaii and is an Affiliate Member of the Appraisal Inslilulc. The uppraiscr has the a~pcricncc and knowlcdgc to complete the appraisal rcporl in compliance o~ilh the conapclcncv provision of USPAP The apps isul is based upon the definition of markcl value found in the ccrli(;aalion of This rcporl. ENVIRONMENTAL ADDi;NDUM This addendum reports the results oClhe appraiser's routine inspection of and inquiries about the existence (or non cxislenec) of any hazardous substances and/or dclrinacnlal cnvironnacnlal condilions_ The appraisers arc not expert environmental inspceGars, and ihcrcfore, might be unaware of ccisling hazardous substances and/or environmcnlal condilions which may have a negative efl'ccl on the safely and value of the propery_ It is pos5~blc Ihal Icsls and inspections made by a gnafified inspector would reveal the e.xislenec of hazardons material and/or delrinacnuil environnacnlal conditions on or around the properly tha( would negatively afTcct its safety and value. * Apparent is dcfmcd as that which is visible. obvious, evident or naanifcst to the apprniscr_ DRINKING WATER _X Drinking water is/will be supplied to the sublcct from a municipal water supply which is considered safe. Drinking water is supplied by n calchmari system The value cstimam in This appraisal is based on the assumption Ihat there is an adequate supple of safe. lead free drinking water. Where tvatcr calchntcnl systems arc utilized, ansucr the following qucslions A. Is Ihcrc a secondaq~ water source avadahic'~ rJa. B. What is the effect the water e:alchinenl system has nn the subject's m;irkcuabilily'? n/a. C. Arc water cdchnacnl systems h~pical for neighborhood? r>/a. SANITARY IVASTE DISPOSAL Sanitary waste will be removed from the propcny by a municipal scwcr s}_sicm. Sanitary waste will be disposed of vin a septic system _X Boohoo}~ ~+asle is/will be disposed of by a cesspool. Cesspools arc conunon in Hawaii and do not affect markaabilily- 9'hc value cslinaalc in Ibis appraisal is hosed on the assumption that the snnilarv waste ishvill be disposed of via n numicipal scwcr syslctn or an adequate and properly naainlaincd altcrnnlc Ircalnacnl system in good condition. SOIL CONTAMMAN'fS _X_ There arc no apparcm signs of soil concuninaliou on or near the subject properly. ll is possible that rescarcla, Form TA00 - "TOTAL for Windows" appialsal software by a la mode, inc. - 1-800-ALAMODE Supplemental Addendum FaeNn. sss7 Borrower/Client FRYE _ Pm e Address 75-5787 Nele Plac_e____ _ _ - C' Kailua-Kona Cou Hawaii _ _State HI Zi Code 96740 Lender Clark Real inspcclion and Icsling by a qualilial cnvironmcnlal inspector o~ould reveal acisting and/or potallial hazardous substances and/or dclrimcnlal em~ironmcn(al conditions on or around the subjccl properly Ihat would negatively allect i(s safety and value. The value cslinurle in (his npprrisal is based on the assumplion Ihnl the subjccl fs free of soil contaminants. PCBs (POLYCHLORINATCD 13IPI IENYLS) _X Thcrc is no apparent visible or documented cvidcncc known io the appraisers of soil or groundwater contamination from PCBs anywhere on the property. The value cslimalc in (his appraisal is based on the assumplion Ihut Ihcrc ore no wtconlaincd PCBs on or nearby the subjccl properly. RADON Radon may be present bm is not considered to conlam levels about F.PA recommended slandnrds. USTs (UNDERGROUND S"I'ORAGE TANKS) _X Thcrc arc uo appa rent visible or docn mcnicd cvidcncc known io the nppraiscrs of anv USTs on the properly nor nnv known historical use of the properly that would likely have I1S"1's. _X_ Thcrc arc no apparent petroleum siorigc and/or delivery facililics (including gasoline stations or chemical manufacturing plants) locucd on adaccni properties (unless sailed below). Thcrc arc appnrenl signs of USTs csi.ciing now or in the p;isl on the subjccl property. Il is reconuucnded that an inspcclion by a qualified UST inspector be obtained to dclcnninc the location of any USTs together with Ihcrr condition ~ proper registration if Ihey arc aaice: and if Ihev arc inactive, to de(cnnine whc(her Ihcv were dcadivated in accordance wish sound industry practices. The value cslimalc in Ihis appraisal is based on the assumplion Ihnl any functioning USTs arc not leaking and arc properly registered and Thal anv abandoned USTs arc free Crom contamination and were properly drained, filled and scaled. NEARBY HAZARDOUS WASTE SITES _X_ Thcrc arc no apparen( hazardous waste silts on or nearby the subjccl propcrfy (unless staled below). The value cslimalc in Ihis appraisal is based on the assumplion Ihal ihcrrtrc no hazardous waste silts on or nearby the subjccl property Ihal negatively affect the value or safch~ of Ilrc properly. AIR POLLUTION The Island oC Hawaii has had recent totemic adivih ~yhich croalcd VOG (volcano Cog) in the air. No impact to values has been evident in the nrnrkct. 1VLTLANDS The silt does not conlnin aqv appa rent wetlands. The value cslimalc in Ihis appraisal is based on the assumplion that Ihcrc arc no wetlands on the propcny. MISCELLANEOUS P.NVIRONMEN"I'A(. HAZARDS _X_ Thcrc arc no apparent miscellaneous hazardous substances and/or dclrimcnlal environmental conditions on or m the area of the silt except as indicated below. Excess Noise Radiation and Elcctronurgnciic Radiation Ligh( Pollution Wnstc I Icm _ Acid Mine Drainage _ At;ricullurc Polluticn Gcologicrl Huza rds Nen rby I lo~i.ardous Properly I nfeclious Medical Waste Pesticides Others (chemical siomge, storage dnuus, pipelines, ete_..) The value esiinmle in this appraisal is based on the assumplion Ihal Ihcrc arc no miscellaneous environmental hazards (cscepl Ihis reported above) Ihal would negatively afTeci the value of the propcrfy. WHEN ANY OF THE ENVIRONMENTAL ASSUMPTIONS MADF. IN THIS ADDENDUM ARE NOT CORRECT, THE ESTIMATED VALUF. IN THIS APPRAISAL MAY NO"I' RF, VALID. form TADO - "TOTAL for Windows" appraisal software by a la mode, inc. 1-800-ALAMODE PHOTOGRAPH ADDENDUM Borrower/ClierA FRYE Pro Address 75-5787 Nele Place C Kailua-Kona Coo Hawaii _ State HI Zio Cade 96740 Lender Clark Real °~I'F" ' ~1..=. 7315 ter Front of Slte ' ~ ~a ~d n t w F ~ wwr.x~~a., ~.wV~h~~ n 15; 4v y i - r`, • ~ a„ rA „~j~k AA^ 9°~Y+V~' - ~ ~i ~ ~ View of rock wall t~,y encroachment 8 Street "'4, ' K ~ d i5'~ ~ V ~ ~ ~ ~ kr~ F r ~ M ~ rc ~~yy~~ r e ~ i~A r~)Yp ~ r rr L 4 ~ M 3Tc View from site ir' it ,*m Ar. ~ ~ ~+r N _ _ M T ` _ { { , rf'y a .r r ~ddy .a ~ ~ ~ w + .d 3 a Jr~, w . . Form GPIC4X6 -'?OTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMOOE Comparable Photo Page Borrower Cllent FRYE _ _ Pro a Address 75-5787 Nele Place C' Kailua-Kona Courts Hawaii State HI Zip Code 96740 Lender Clark Rea Comparable 1 375-27-20 Proximity Sale Price 140,000 GLA Total Rooms ~ ~ ~'r v b~ total Bedrms .A, y Total Balhrms h~'~ Location Kona Heights IY~ Y • ..'n wF,, r ~ ~ f ~ ~ ' View 7870sf 9` ~ Srte Quality a Age i,`4 T t ~i t `5. iC i ~ - M. °..Aln.. ~ t y? ~ -are ~~a~~~; x ~"='~~'u',~,~ ~ Comparable 2 ` ~ L iaa~' 377-21-103 " Proximity 2 Miles South Sale Price 200,000 F ~ , . G LA ` ~ ' Total Rooms ~ Total Bedrms Total Bathrms G ~ ' ~'i ~ j ~,i Location Komohana Kai i t'~ View 15081sf She e Oualiry Age Improvments since purchase Comparable 3 373-34-59 . Proximity 5 Miles NE a, t~,, Sale Price 175,000 GLA _ ~ ~ ~ c Total Rooms ~ ~ 'i Total Bedrms t+w.~w" "ttv,~q,~. ~ TatalBa[hrms its - Location Kona Palisades ' k View 10389sf She ~ Oualhy ~ Age ~ r -a> vt 2° f 9 'm`at ~'~~r.~ H~ # ~ s,~~.r ,,,;";~w Form PIC4x6.CR -'TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Comparable Photo Page Borrower/Client FRYE _ _ Pro a Address 75-5787 Nele Place C' Kailua-Kona County Hawaii _ State HI Zip Code 96740 Lender Clark Real ~ e ~ v ~ $ ~ ~ ~ Comparable 4 'T~fey i~~ 377-21-16 z < y, ~ ~ x t a.$„~ ^ y ~ rr ' Proximfty 2 Mles South ~"K ~A , S,~ d~1~ ~ D~ ~ t~i~.tf i ~ S21e Pdce 249,911 7 ~ _ ~ , ~ Total Rooms t ` ~ Total Bedrms 4 6~ R[Vr Total Bathrms ~i'f~~~~l~~i: Location Komohana Kai r ~ View 15001st ~ Site ~~p ° ~ +4 Quality Y'~~ ; Age r' W'' Comparable 5 Proximity Sale Price GL4 Total Rooms To[al Bedrms Total Bathrms Location View Site Qualih/ Age Comparable 6 Proximity Sak Price GLA Total Rooms Total Bedrms Total Bathrms Location View Site Quality Age Form PIC4xB.CR -'TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE -04 01:O6pm From- T-840 P.004/004 F-073 ~ 82'18'16" ? ° L1 30.00' ~ q R- 45.00° z° c a LOT lra8 9,~3D Sc{. Ft. 1 N I I- Z r ~ ~ II III 'j0 N ~8p~~• ~ Ia n O• O O ' P~fy A~}i3\ .p . Proposed Eosement~ osPa oP°ao^~~Q~ I- Area 29 Sq- Ft_ ~Py I . . 751.55 5 ~ 8698.93 E •4_,~__ KnIWA (NORTH MERIDIAN) Sidewolk 72'50 90.OG' ALOE-I /a KCNA Df~'IVE P~OPOS~D WALL EAScI"I~NT SOUTNUJ~STI~{Z~1' GORNEfZ O~ LOT ID8 KGNA N~ IC~NTS `~UBD. ING~'. I I 1=iL~ PL~.N 1D i~ AT F;IGNALPLI ',th a htn, hioRTN KONA ISLAND, GCLINT''" AND STATE OF HAIUAII Tax Map Key Card D1vlsionJ: ~-5-29: 53 4 ~ a=~ i / / o L - Np. - ~ E ~ t N / ~e., - purl - t _ /o E ~ J J ~ f;' Fe. _r C I ~ ~C ~ 1 e t/ I W . D! I \ 2 0=3R L NO ~ L _ ~ earl v 59 w `--tom o { V I 2 ~9•• f ' C / O f f9 r L O 3f ~ - 6 I ~ II ~'O ` l F cf ~ v ~ f s~ L. _ ~ ~ ~ ~ v ~ ~ ~ _ e , u . \ 4<Oyn v % ~l ~ ~ 4 E2 al Cl ~ i ~ _ ~ ~ n << e 0 i ..s e¢ 7- e O W e - a ~ ~ ` e 5 I_ - E6~ _ \ W O r E pj ~ l ~e _ / ~ 1^a, _ ~ P a~/ 4 ~I ~ ~ 1 c. 0 f0 6 N C 5•~ ~zs~ GS 4 ' c e , 1 L O~St c~>e IJ52 sd 14 0 I` / c O ~ oI ~ /c DRIVE • ~e z3 I ~ ~J ~ e,, ~ .r C~ .fie; ~ I ~ , - 13 ~ ~e ,o tis o ~ ~ ~ O ~,0 ~ W _ _J ~.I~ ,~~^:E ~-~,exe~~ ~~e.. ,I~2Gr°'~ ~~I e~ ~9~e.ee b = - f~~~~~Nx.. a ~ ~i~ ~ ~I -K A; L~.~ e J/EW ESTATES SuBb ~ _ ! c Pt AT ° 3 ~ ~ ~ I I uw* a E /sl ~ I I U~ViT ~ ~ U K E ~ c A p H ~ A <p_ 31 An_ 1 C. L. ' 5 P /65/ ~ T /6T0 v ~ _m.. a»~..... n.~.r. - - i M/.K 6 <HCN .J.. 3,TAX MFP POR ~FONq N[lGMT55?B O. ~-INCRfM[NT II. F. P. IOII~ N/ENP LGL/ ~I~ 6 61~, NOR/N FONT, N<W<l//Farmer/~por. T-3-/O/. 487 le ~ \ Jlo 4JO 500 510 A O 47G Ai y AI Xmgy Sh(Y(/7rnn llinudafi /Jrninnm+rr!'l J90 f 770 7J0 r E p ]40 ~ ~ a° y Ih 3 0. ~ .r, 780 900 ~ 978 0 Z ~ onlve o n a n 6 nl K 3 EI O IQNCX 11 K~NA F T 5f id y6 f. ~ n. ,hart : S r l!///~~~ F y :t O Cf r <i v YV' a f00P ~ L ~ EI. KINI ~ it i m Nr mY N (y rF,r.~" FS cF y P AE Hn rW ONIyE 'u d' s yr t 9 Q Z O Mey Mwr come Map Oe• •vea loan inloi x°944, ro r8rn 4lB A° 90 zoNE x ~Jo IVn fulm Dr ainn qru+i ~r Sp(i(pinr Nn- I 9 ~ (o~ r" ZONE X ZONE X s 0 JGO 50J Jl0 490 a91 D P ZONE X 4co s~ 86 ZONE X ° r J56 5 J I~IIINIILI m z SIM1EES P 4?0 s° 440 ( A ~DI~ MA iIUXAt rtLUL IXSUAANC[ PAOLAAY y Celvprt 4J1 4 IW fHPNP t~'/r y aq° pUM i\ 9 SSnGCi v 51 46041 I O ~ F~RM S ~ a° W °mr "r : , ZONE X a 41e FEDDD INSURANCE RATF MAP ^`o ~aaJ "y ZONE X~~ A O eo J)O mrXVry.Syli(/lum Nu ~ 2 _ °OO 440 M I-IAWg11000NTY, ZONEX ZONEX ~ f ZONEX 2D I I IiAWAII AE rv~rinl~~~n~,~~r,rr~,~~,,.,,,. 40o ZO0 ZONE AE ~ Js1 2 I I PANEL Iq OF I99U „or t57 Jao .,o,,...,~.r,....,,, 110 ~ I60 M LIM IT OF eo ZOr I FLOOD WAY Calvert ~ ~ C J>° -r~~l~~~~ 0 ~?r I~ d ~ ~ J_J .~dl~~~ I s 1G6 I ZONE X 7.ONE~ I I C9MMUNIIY~PANEL NUMBER IIO ~ ~ 195166 WIJD ,y Culvert/~ !ri 712 ' VJ Ivrrrr~err u.~ rr,r,~.r~/ ~ MAP REVISED: .e„n(mr~u Nu. r ZONE X Iwrirdrr,l MAY 16, 1994 r95 ~ X[nw~ou Kmwn J`0 I / Y r44 ZONE ~ 0- MiooLrnono a 1JZO NE XILII NEX o AE ray zoo ~ ale ~li ~~~nm~„I a,,,~, ,....r no.„r.o~.~n nr,.~y Xea n° ZONEX ~ I I~ ZONE X - i ° ~ - r .j ~W~< ~ KAILUA-KONA .>:'4- - _~N,,..,,~• r~~~ , ~jn. ~~~,rv~~~o~~~~ ;:IL~t ~*y,;,~ ~ ~ ~P ~ , 2 ~Q~F T Q O ` ` 9 . l ~-jJ'~' ~ ~ a lj ,p ' 7i 1 • ~ ; ~ ~ ~ - ~ ~o,.. w 'i U SG I t ?M q i` ~ $A~fl [~4Y~. itnini u'u ~f ~bY i I e ~ ~{I ~A i ~ i „t ~ r r ~~~~~k A ~ , d ~in::~~`~ . , ~ ! ~ 0 LOT 109 3 LOT 106 ° w 252.50' 100.00' Found Spike - - Found Pipe w r / 8-FtSide Setback u? 182°18'16" ~ CRM Wit ~ 30.00' / R= 45.00' / ~ Con a X1.9' to Eave ~ N ~ ~ / orete DrivewoY ~ 0 ii ° z ~ ~ Carport ° w ~ .c z ~ Set Nail ° ~ ~ I ~v ' v I ° 3 ° v ~ 182 18'16' W a ~ 6.5 to Enclosed Deck 4 v, 00' R= 45.00' Dwelling o o LOT 107 Set Nalll Eove LOT 1~8 ~ W \ Gazebo g,~3~J'G71. fit,. I'c~n S0, ve ~ O a P~~ .T~\ 15-Ft. Front Setback ~ Eav `.n Pof o/ DSO Rte' e ,~9 N NI°M/ O°e Found Nail Set Plpe ~ LICENSED y O~ 72`50' Sidewalk 90.00' Tel ~ Speed Limit Sign PROFESSIONAL v~op Planter y * LAND Curb & Edge Pavement SURVEYOR No. 9040 ~LON,4 KONG DRIVE y~q,l, ~S.a THIS WORK WAS PREPARED 9Y ME OR NDER MY SUPERVISION. DATE. ~~~-L'r_ ~ L C-4~ ~DRO~~ ~URUEY MAP KON,~ NEI~Nfi~ SUED. INCR. II KKM SURVEI'S Notes: ~I~E P! AN I~`1~ 15-5768 Makelina Place Azimuths and Coordinates are referred to Government AT NIENALOLI 5th Erath, N02TN KONA KaI~Ua-Kan a, HaW011 96%4 Survey Triangulation Station "K AILUA (NORTH MERIDIAN)" ~ SL-AND, GOt,INTY AND jTATE Or =1AWAll Phone (808) 326-4633 Fox (808) 334-0098 The improvements shown hereon were located by an aciual survey on the around performed November 19, 2002. Tdx MdK7 Key Card Divlslon)~ T-5-29: 53 1 t ~ ~ ~f l } i 1 r' a ~ ~m P 1 Q, ~ ~ 4 ~ ,l r 1 tea/ ~ P w o OJ w 182°18'16' ~ ~ a° wa ~ U 30.00' 0 c z q R= 45.00' _ ~ DRIVE n 4i ~ ALO'°+A KONA lL ~ pi Y~u~d `o Q LOT 108 . 9,/03® 5ai. rt. W In Vicinity 1'iap 1 ~ ~ v y ~ o ~~s ~ 4~1 7 F I III ~O N 1 o~ o. ~ o F Mc M/ LICENSED uo paf G~ ~`2 ~ ~ PROFESSIONAL Proposed Eosem ent ° ~ °o„ * LAND Area 29 Sq. rt. SURVEYOR ~ 751 SS S No. 9040 8,898.93 E KAIWA (NORTH MERIDIAN S'M°work 72°50' 90.00. 9tygt ~ uSW 1N'~S WORK WAS PREPARED BY ME ~LC~A KONA p~lv~ OR NDER MY ^S•U`7PERV~810N `y1' `^'1 ^'N=~ DnTe - ~~3 P~O~O~~~ 'J.J~l~h ~~~~M~N C INr` KONG i~ N~~ -'~;-5168 fv'~a~e~~na Place ~I~~ ~i=~l`~ 1~ 1~ -iawal~~~ 9b~'^-~C ,~;~iluc-F~na, A i NIENlaLOLI nth a C th, NOR~N '<OtiA r-n~-=. coal see- ~.a33 Fix C"0~` 3'4-ooeu 15'.AND, GOI:P:TY ACID ST4TE OF NL1WL`.~~ Tax Map Key Card D;visl~nh 7-~-0"'