HouseCanary Agile Evaluation - 1209 Cove LN, Saint Louis, MO 63138

Agile Evaluation
Exterior and Interior Inspection Evaluation Report
For Property Located at:

1209 Cove Ln
Saint Louis, MO 63138
Original Address Inputted

1209 Cove Ln Saint Louis MO 63138
Value Estimate / Condition:

$114,000 / C2
Client:
Lofty AI
Effective Date:
05/17/2023
Completion Date:
05/23/2023
HouseCanary File ID # Client File ID # Order Name Ordered Date
i_JK0MHN1X 1209 Cove Ln 05/08/2023
1209 Cove Ln Saint Louis, MO 63138 County: St. Louis County AGILE EVALUATION
Value Conclusion
Confidence High (95%)
Forecast Standard Deviation 0.05
Market Value Estimate Market Rent Estimate $1,300 ($1.11 / Sq.ft.)
Land Value $9,000

$114,000 As Is List Price $114,000
$96.94 / Sq.ft.
30-Day Value Estimate $113,500
Subject APN # 09E-64-1205
Property Type (HC) Single Family-Detached; Legal Description LOT:3 BLK:14

See
(Inspect) Single Family- NORTHDALE & LOT P… Addendum
Detached; (MLS) Single Family- Special Amenities None

Residential
Other Structures on Property None Visible
Beds / Baths 4 Bd / 1 Ba
Current Use Single Family-Detached
GLA / Lot Size 1,176 sf / 7,701 sf
Projected Use Single Family-Detached
Occupancy Type Vacant
Non-Residential Use No / -
Zoning Classification / R-4 / Residential
Description View Factors / Impact on Value None Notable / Neutral
Common Elements None Functional Utility Loss No / -
This property’s zoning information is derived from land use code from Public Record
Locational Influences / Impact / Residential / Neutral
Comment
Adverse Site Conditions None Noted
Conform to Neighborhood Yes / -
Condition
Roof Condition Good Condition Rating (C1-C6) C2
Exterior Walls Condition Good
Interior Walls Condition Good
Floor Condition Good
Updated/Remodeled items Furnace
Building Damages None Noted
Exterior Damages -
No issues noted at the time of the inspection. House looks very nice and clean, ready to market.
Report Date: 05/17/2023 Agile Evaluation powered by Pg. 1

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Transaction History
Date Event Type Price Appreciation DOM Source
05/12/2023 Off Market - - - (-) 36 MARIS
04/06/2023 Listed - $114,900 - (-) - MARIS
09/01/2017 Off Market - - - (-) 23 MARIS
Subject's Comparability to Market

Bedrooms Bathrooms Ages
400
400
# of Properties
# of Properties
# of Properties
300 300
300
200 200
200
100 100 100
1 2 3 4 5 6 7 1 2 3 4 5 6 7 20-36 36-48 48-60 60-72 72-84 84-96 96-136

Bedrooms Bathrooms Ages
Legend
Gross Living Area Site Area
200
Subject Property
300
# of Properties
# of Properties
150
250
200
Nearby properties
100 150
100
50
50
624 - 924 - 1,224 - 1,524 - 1,824 - 2,124 - 2,424 - 3,398 - 8,048 -12,698 17,348
- 21,998
- 26,648
- 31,298
- -
924 1,224 1,524 1,824 2,124 2,424 2,985 8,048 12,698 17,348 21,998 26,648 31,298 90,606
Square Feet Square Feet
Neighborhood & Subject Marketability

Urban/Suburban/Rural Suburban Neighborhood Price Range $11,900-$537,000
FEMA Flood Effective Date: 2015-02-04 MSA 1-Year Risk of Decline 30.7% Modest
Flood Risk: low
Probability this market’s median home prices will be lower 12 months from the current market
Flood Zone: X median price.
Map #: 29189C0090K
Months of Supply Days on Market - Sold or De-listed Properties
80
6.0
5.0 60
M onths of Supply
Days on M arket
4.0
40
3.0
2.0
20
1.0
2020 2021 2022 2023 2020 2021 2022 2023
This month last year This month This month last year This month
2.5 2.9 24 29

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Comparable Closed Sales

Subject Sold 1 Sold 2 Sold 3 Sold 4
1209 Cove Ln 1134 Prigge Ave 1120 Rhea Ave 1223 Cove Ln 1121 Redman Blvd
Street Address
Saint Louis, MO 63138 Saint Louis, MO 63138 Saint Louis, MO 63138 Saint Louis, MO 63138 Saint Louis, MO 63138
Miles to Subject - 0.23 0.41 0.06 0.16
Subdivision Northdale Larimore Hills Larimore Hills Northdale Northdale
Similarity - High Moderate Moderate Moderate
Sales Type Pending Arms length sale Arms length sale - Arms length sale
Location - Similar Similar Similar Similar
Year Built 1955 1958 1959 1955 1953
Gross Living Area 1,176 sf 999 sf 864 sf 864 sf 1,125 sf
Beds/Baths 4 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0
Lot Size 7,701 sf 5,410 sf 5,201 sf 15,246 sf 8,751 sf
Basement Yes Yes Yes Yes No
Pool No No No No No
Condition C2 C3 C3 C4 C3
List Date 04/06/2023 03/17/2011 08/18/2022 01/20/2023 08/31/2022
List Price $109,900 $28,000 $80,000 $77,750 $85,000
Sale Date / DOM 07/19/2010 / 41 11/30/2022 / 184 11/28/2022 / 96 02/17/2023 / 3 01/13/2023 / 84
Sale Price - $60,000 $80,000 $69,850 $79,000
Net Adjustment $1,474 (2%) $9,343 (12%) $10,265 (15%) -$1,583 (-2%)
Adjusted Sale Price $61,474 $89,343 $80,115 $77,417

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Comparable Listings
Subject Active 1 Pending 2 Active 3 Contingent 4
1209 Cove Ln 1135 Baron Ave 147 Brigadoon Cir 151 Monteith Cir 1138 Maple Ave
Street Address
Saint Louis, MO 63138 Saint Louis, MO 63138 Saint Louis, MO 63137 Saint Louis, MO 63137 Saint Louis, MO 63138
Miles to Subject - 0.34 1.69 1.62 0.11
Subdivision Northdale Larimore Hills Glasgow Village Unit 11 Glasgow Village Unit 12 Northdale
Similarity - High High High Moderate
Sales Type Pending Active Pending Active Pending
Location - Similar Inferior Inferior Similar
Year Built 1955 1959 1955 1954 1956
Gross Living Area 1,176 sf 1,390 sf 1,137 sf 909 sf 1,080 sf
Beds/Baths 4 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0
Lot Size 7,701 sf 5,410 sf 6,499 sf 8,006 sf 5,502 sf
Basement Yes Yes Yes Yes Yes
Pool No No No No No
Condition C2 C4 C3 C4 C3
List Date 04/06/2023 05/08/2023 01/06/2023 04/28/2023 04/28/2023
List Price $109,900 $134,500 $99,000 $99,900 $79,900
Last Sale Date / DOM 07/19/2010 / 41 06/05/2019 / 9 09/09/2021 / 108 06/18/1999 / 19 -/-
Last Sale Price - $537,000 $43,000 $34,000 -
Net Adjustment -$7,875 (-6%) $2,213 (2%) $4,578 (5%) -$2,696 (-3%)
Adjusted List Price $126,625 $101,213 $104,478 $77,204

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Sold and Listing Comparables Map ! Non-disclosure state (MO)
L4
S3
S4
L1 S1
S2
L3
L2
Similarity
High Similarity Moderate Similarity Low Similarity Subject
# Distance Property List Price Sale Price Status Sale Type DOM GLA Beds Baths Age Site Area
- 1209 Cove Ln $109,900 - - Pending 41 1,176 4 1 68 7,701 sf
S1 0.23mi 1134 Prigge Ave $28,000 $60,000 Sold Arms length sale 184 999 3 1 65 5,410 sf
Saint Louis, MO 63138 11/2022
S2 0.41mi 1120 Rhea Ave $80,000 $80,000 Sold Arms length sale 96 864 3 1 64 5,201 sf
S3 0.06mi 1223 Cove Ln $77,750 $69,850 Sold - 3 864 3 1 68 15,246 sf

S4 0.16mi 1121 Redman Blvd $85,000 $79,000 Sold Arms length sale 84 1,125 3 1 70 8,751 sf
L1 0.34mi 1135 Baron Ave $134,500 $537,000 Active Active 9 1,390 3 1 64 5,410 sf
L2 1.69mi 147 Brigadoon Cir $99,000 $43,000 Pending Pending 108 1,137 3 1 68 6,499 sf
L3 1.62mi 151 Monteith Cir $99,900 $34,000 Active Active 19 909 3 1 69 8,006 sf
L4 0.11mi 1138 Maple Ave $79,900 - Contingent Pending - 1,080 3 1 67 5,502 sf


i_JK0MHN1X 1209 Cove Ln 05/08/2023
Conclusion
MLS Comments (Sold & Listings)
Sold - 2 Active - 1
Don't miss this affordable 3 bedroom 1 bath ranch in St. Fully renovated and move-in ready 3 bedroom, 1
Louis County. Home offers an open floor plan with large bathroom home with a detached 2 car garage available
eat in kitchen, wood floors and full basement. The See now! This newly remodeled home features new luxury See
Addendum Addendum
exterior includes low maintenance siding, off street… vinyl floors throughout the house, renovated kitchen…
Sold - 3 Pending - 2
Perfect home for the first time home buyers or the next Newly renovated three-bedroom, one bath Glascow
addition to your rental property! This is a single family Village charmer. Add this to your income producing
home has been consistently maintained and comes with See portfolio or move right in. All new surfaces including See
Addendum Addendum
many perks! The house sits on three lots, has a detach… luxury vinyl flooring. New kitchen appliances including…
Sold - 4 Active - 3
Fantastic opportunity to add a great income producing This beautiful home has been freshly renovated. New flooring
property to your portfolio. Recently being rented for fresh paint and many more updates. Great entertaining area in the
$975 a month. Shown only with an accepted contract. See basement. This won't last long.
Addendum
Please do not disturb the tenants. Property being sol…
Contingent - 4
This 3 Bedroom Ranch is a one owner home! Same
family has owned this house since 1956. There are some
wood floors and some carpeting; ceiling fans; thermal See
Addendum
tilt-in windows; newer gas hot water heater; newer…
Reconciliation Comments Sale/List Price Trend Sale/List Price Ratio: 100.0%
Location, dates of sale and overall physical similarity were 1.20
considered in the selection of comparable sales and listings.

The selected comparable sales were each considered in the 1.10
final conclusion of value for the subject. Additional listings and
Sale/List Price Ratio
sales in the area were considered related to our overall

1.00
assessment of market conditions and final selection of
comparables reported in this evaluation.
0.90
0.80
2021-Q3 2021-Q4 2022-Q1 2022-Q2 2022-Q3 2022-Q4 2023-Q1 2023-Q2
Market Value Estimate

$114,000
$96.94 / Sq.ft.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Conclusion Continued
HouseCanary Forecast for Subject
$140k
$130k
$120k
Value of Home
$110k
$100k
$90k
$80k
2019 2020 2021 2022 2023 2024 2025 2026
Year
3 Year Growth
1 Year +2% 2 Year +4% 3 Year +6%
2024 · $116,194 2025 · $118,677 2026 · $121,250
Comparable Home Price Trend

!
Insufficient Data:
HouseCanary data unavailable for this
property at this time. We are working to
improve our data each day.
Pricing Market Strategy Comments

A subject list price of $114,000 is recommended based on analysis of competitive transactions. Our analysis reveals a median sale to list price
ratio of 100.00%, with a median 29 DOM. Final comps selected and presented reflect a median sale to list price ratio of 92.90%, and 90 DOM.
The suggested pricing strategy and final value conclusion are based on these factors.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
3rd Party Exterior and Interior Inspection Single Family-Detached | Completed Inspection Date: 05/17/2023
Inspector comment
No issues noted at the time of the inspection. House looks very nice and clean, ready to market.
Property Information
Property Type Single Family-Detached Utilities
Occupant Vacant Water Service Public
Attachment Type Detached Electrical Service Public
HOA - Sewer Service Public
Common Elements Pool / Gym / Tennis Court / Neighborhood Description Suburban

Basketball Court / Clubhouse / Dog
Locational Influences Residential / Industrial / Commercial
Park / Golf Course / Recreation / Busy Road / Water Front / Golf
Area / Park / Other / None / Course / Adjacent To Park /
Unknown Overhead Power Lines / Landfill /
- Public Transportation / Railroad
Tracks / Flight Path / Near Highway
Stories 2
/ Other
Total Beds 4
Neutral
Impact on Value
Above Grade 4
Conform to Neighborhood Yes
Below Grade 0
-
Total Baths 1
Non-Residential Use No
Above Grade 1
-
Below Grade 0
-
Foundation Type Full Basement
View Factors None Notable
Basement Finished % 0%
Impact on Value Neutral
Attic Yes View Location No View From House Vie… See
Addendum
Drop Stair / Stairs / Floor / Scuttle /
Finished / Heated Car parking (# spaces) Driveway(2) / Attached Garage /
Built-in Garage / Detached Garage /
Exit Type None
Carport / Dedicated Off-Site Parking
Other Structures on Property Accessory Unit / Greenhouse /
Special Amenities Patio / Deck / Porch / Balcony /
Toolshed / Workshop / Barn / Pole
Fireplace / Front Yard / Back Yard /
Building / Stables / Riding Arena /
Courtyard / Solar Panel(s) / Ornate
Pool House / None Visible
Landscaping / Irrigation System /
Overall Condition C2 Graywater System / Water
Like new, no deferred maintenance Collection System / Outdoor
noted. Improvements and site Kitchen / In-ground Pool / In-
appear well maintained. ground Hot Tub / Sport Court /
Dock / Sauna / RV Parking /
Orchard (hobby) / Vineyard (hobby)
/ Other / None

i_JK0MHN1X 1209 Cove Ln 05/08/2023
3rd Party Exterior and Interior Inspection Single Family-Detached | Completed Inspection Date: 05/17/2023
Exterior Property Condition Interior Property Condition

Roof Condition Poor / Fair / Average / Good / Quality of Construction Q3
Very Good / Excellent Built from individual/readily
available designer plans. Higher
Exterior Wall Condition Poor / Fair / Average / Good /
quality materials, finishes have
Very Good / Excellent
been upgraded from "stock"
Building damage by any of the Owner Neglect / Vandalism / standards.
following Fire / Flood / Tornado / Storm /
Interior Walls Condition Good
Wind / Hail / Freezing /
Hurricane / Earthquake / Floor Condition Good
Mudslide/Landslide / Other /
Heating / Cooling Central Hot Air / Central Air
None Noted
Conditioning / Central
Comment - Heatpump / Ductless Heatpump
/ Ductless Air Conditioning /
Adverse Site Conditions Contamination / Failing
Ductless Heat / Radiant Floor /
secondary structure(s) /
Hotwater Radiators / Hotwater
Encroachments / Significant
Baseboard / Electric Baseboard
Junk/Trash / Sinkhole / Wetlands
/ In-wall Heater / Whole House
/ Extreme Slope / Other / None
Fan / Evaporative Cooler /
Noted
Geothermal / Fireplace /
Comment - Woodstove / No Heat Source
Utilities Working Water / Gas / Electricity / None
Updated / Remodeled Items Furnace / Windows / Basement /

Bathroom / Kitchen / Deck / Pool
/ None
Damages Water Damage / Discoloration /

Leaking / Flooding / Stains /
Vandalism / Infestation / None
Noted
Comment -
Functional Utility Loss No
Comment -

i_JK0MHN1X 1209 Cove Ln 05/08/2023
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i_JK0MHN1X 1209 Cove Ln 05/08/2023
Photos - MLS - Subject df-MARIS | Listing ID #MAR23018181 | Date: 04/06/2023
Only a few images from the MLS are displayed to give an assessment of the property. There may be more images available on the MLS.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Photos - MLS - Sale 1 - | Listing ID #- | Date: -

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Photos - MLS - Sale 2 df-MARIS | Listing ID #MAR22054765 | Date: 08/18/2022

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Photos - MLS - Active 1 df-MARIS | Listing ID #MAR23025691 | Date: 05/08/2023

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Photos - MLS - Pending 2 df-MARIS | Listing ID #MAR23000754 | Date: 01/06/2023

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Photos - MLS - Active 3 df-MARIS | Listing ID #MAR23020358 | Date: 04/28/2023

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Photos - MLS - Contingent 4 df-MARIS | Listing ID #MAR23023623 | Date: 04/28/2023

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Supplemental Information
Neighborhood & Subject Marketability
FEMA Disaster Declared Date: 2020-03-26

Superfund Sites -
End Date: 2023-05-11
Fema Disaster #: -
Title/Type: COVID-19 PANDEMIC
Data Current To: -
Declared Date: 2022-08-08
End Date: 2022-07-28

Fema Disaster #: -
Title/Type: SEVERE STORMS AND
Data Current To: -

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Addendum
Legal Description LOT:3 BLK:14 NORTHDALE & LOT PTS 2 & 4 W 15 FT LOT 2 & E 20 FT LOT 4 MAP REF:08 0713
Source: Subject, Pg. 1
MLS Comments (Sold)

Sold - 2
Don't miss this affordable 3 bedroom 1 bath ranch in St. Louis County. Home offers an open floor plan with
large eat in kitchen, wood floors and full basement. The exterior includes low maintenance siding, off street
parking, flat usable lot and cute curb appeal. Perfect for a first time buyer or investor looking for cashflow.
Sold - 3
Perfect home for the first time home buyers or the next addition to your rental property! This is a single
family home has been consistently maintained and comes with many perks! The house sits on three lots, has
a detached garage, shed, and two car ports! The roof has been replaced less than a year ago, the HVAC
system is less than five years old, hot water heater has been replaced within the last year, new and well
maintained siding around the whole house! Overall, the home is waiting to become the perfect first home
or the cash flowing rental!
Sold - 4
Fantastic opportunity to add a great income producing property to your portfolio. Recently being rented
for $975 a month. Shown only with an accepted contract. Please do not disturb the tenants. Property being
sold in its current "as-is", "where-is" condition. Submit all offers on a special sales contract with proof of
funds or pre-approval letter. Seller requires 24 hour notice to provide a response on all offers. Can be
purchased as a package with 3736 Oregon (22055929) and 10128 Cavalier (22055865).
Source: Conclusion, Pg. 5

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Addendum Continued
MLS Comments (Listings)

Active - 1
Fully renovated and move-in ready 3 bedroom, 1 bathroom home with a detached 2 car garage available
now! This newly remodeled home features new luxury vinyl floors throughout the house, renovated kitchen
with stainless steel appliances, new bathroom, new water heater, plumbing stack, electric panel, and new
sewer lateral line. The basement has been waterproofed, and has open layout. The whole exterior and
interior has been nicely painted. Furnace new in 2020. A/C new in 2018. The yard is fully fenced with a
double gate to the garage. Enjoy the benefits of nicely updated home.
Pending - 2
Newly renovated three-bedroom, one bath Glascow Village charmer. Add this to your income producing
portfolio or move right in. All new surfaces including luxury vinyl flooring. New kitchen appliances including
range, refrigerator and dishwasher. Large laundry room, three nice sized bedrooms, ample storage. Full
unfinished basement with some framing, fireplace and second bathroom rough-in. Nice sized patio and
private backyard bordering community green space. Seller financing available, call broker for current terms.
Also offered for lease with professional property management, $1250 per month.
Active - 3
This beautiful home has been freshly renovated. New flooring fresh paint and many more updates. Great
entertaining area in the basement. This won't last long.
Contingent - 4
This 3 Bedroom Ranch is a one owner home! Same family has owned this house since 1956. There are some
wood floors and some carpeting; ceiling fans; thermal tilt-in windows; newer gas hot water heater; newer
central air; family room off back of house with fireplace; and a large o/s detached garage or workshop! This
house needs some paint and with a little TLC, you will have a wonderful house for you and/or your family!
Full unfinished basement just waiting for your finishing touches. Sellers are selling this house in its as is
condition and will not make any repairs, alterations, or improvements; nor will sellers provide any
inspections and/or warranties as to the condition of the property. This house will sell fast so hurry and
schedule your appointment.
Source: Conclusion, Pg. 5
View Location No View From House View From Property

Source: 3rd Party Exterior Inspection, Pg. 7

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Limiting Conditions
HouseCanary will not be responsible for matters of a legal nature that affect either the value of the property or its title, and we assume that
the title is good and marketable and will not render any opinions about the title.
HouseCanary has relied on information from MLS and/or Public Records to report the approximate physical characteristics of the subject
improvements. The physical characteristics, as reported, are assumed to be accurate for the purposes of this analysis and conclusions.
Neither HouseCanary nor the inspector is a surveyor; as such we make no guarantee, express or implied, regarding the flood determination
presented in this report.
Neither HouseCanary nor the inspector will give testimony or appear in court related to this valuation of the property in question.
HouseCanary has noted in this valuation report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous
wastes, toxic substances, etc.) observed during the inspection of the subject property or that HouseCanary became aware of during the
research involved in performing this valuation. Unless otherwise stated in this report, HouseCanary has no knowledge of any hidden or
unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the
presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has
assumed that there are no such conditions and makes no guarantees or warranties, express or implied. HouseCanary will not be responsible
for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist.
Because HouseCanary is not an expert in the field of environmental hazards, this valuation report must not be considered as an
environmental assessment of the property.
Data Sources
HouseCanary accesses up-to-date data from county recorders and local MLS’s. Recency of certain data is reflected by the effective date on the
report. We use this data combined with HouseCanary proprietary analytics to bring you the most comprehensive, simple and accurate Agile
Evaluation for every property.
For questions, please contact HouseCanary at support@housecanary.com.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Glossary
Comparable Properties All nearby properties of the same property and sales type that have been ranked according to their
similarity to the subject property's locational and physical characteristics.
Source: Public Record, HouseCanary analysis
Days on Market (DOM) The average number of days since listing for all current property listings on the market for the given
geography. The calculation represents a 13-week rolling average to minimize rapid swings in the data.
Forecast Standard Deviation A statistical measure of model uncertainty in the value estimate generated by the AVM. Lower values of FSD
(FSD) imply less uncertainty in the value estimate. FSD is measured in percentage terms relative to the value
estimate to allow for comparison of model uncertainty across multiple properties, regardless of the actual
dollar value of those individual estimates. FSD below 0.15 implies high model confidence, FSD between
0.15-0.3 implies average model confidence, and FSD above 0.3 implies low model confidence.
Source: House Canary analysis
Market Index Designed to measure supply versus demand at a local zip code level. The index ranges from 0-100 where
values of 41-60 indicate a market in equilibrium (neutral). Values above 61 indicate that demand exceeds
supply, and that the local area is a seller’s market. Values below 41 indicate that supply exceeds demand,
and that the local area is a buyer’s market. Demand is measured using indicators such as sales volume,
changes in listing prices, and days on market. Supply is measured using indicators such as inventory and the
number of new listings.
Source: Local MLS, HouseCanary analysis
Market Rent Estimate We value this property monthly rent at $1,300. This is HouseCanary’s estimated rental value for this home. It
is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a
starting point to determine a home’s rent.
Source: HouseCanary analysis
Market Status The market status is the summary conclusion on the market index, specifically identifying whether the market
is currently classified as a buyer’s market, seller’s market or neutral. For more details see market index
definition.
Market Value Estimate We value this property at $114,000. This is HouseCanary’s estimated market value for this home. It is not a
formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting
point to determine a home’s value.
Source: HouseCanary analysis
Months of Supply A metric to reflect the pace at which listing inventory is turning over in the local market. The calculation
reflects the total listings on the market divided by the 3-month rolling average of sales volume. Generally,
less than 5 months of supply is considered inflationary due to the constrained nature of listings available for
sale. A value greater than 7 months of supply is typically considered oversupplied and deflationary.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Glossary Continued
MSA 1yr risk of decline A proprietary HouseCanary metric that measures the probability that this market’s median home prices will
be lower 12 months from now than the current market median price. The one-year chance of loss is derived
through HouseCanary’s multivariate time series models using a combination of fundamental and technical
indicators. Source: Local MLS, HouseCanary analysis
Non-disclosure state In most non-disclosure states (or counties) both transaction sales price and date are not available to the
general public. This data is not available because either the transaction details are not required or cannot
legally be disclosed to the public. As a result, HouseCanary relies on different data to provide information
such as comparable properties in this report.
When a request for this report occurs in a non-disclosure area, HouseCanary uses listing information to
populate comparable properties in the recent similar, active and historical sections of the report. Specific
fields will change in these sections, for example in recent similar listings, sales price will be replaced with
listed price.
The following thirteen states are considered non-disclosure: Alaska, Idaho, Indiana, Kansas, Louisiana,
Mississippi, Missouri, Montana, New Mexico, North Dakota, Texas, Utah and Wyoming.
Source: Public Record, MLS
Occupancy Type HouseCanary surveys public record to report whether the subject is Owner or Tenant occupied. When public
records reports the "Occupant" is the owner OR the public record "Owner Mailing Address" matches the
subject address, the report states "Owner" as the "Occupancy Type". If the subject is reported as occupied,
but the public record "Owner Mailing Address" does not match the subject address, “Occupancy Type” will
be reported as “Tenant”. Occupancy Type accuracy is not guaranteed.
Source: Public Record
Order Date Date order is placed by the customer.

Source: HouseCanary
Property Type Property Type indicates the classification of the building based upon public record information.
HouseCanary has normalized property type information into five groupings: Single Family Detached,
Condominium, Townhouse, Manufactured/Mobile Home and Income Generating Property. Note that
buildings that do not fall into these categories, i.e. apartment houses, highrise apartments, etc. will not be
mapped into one of these categories.
Source: Public Record
Recent Similar Sales Similar sales within a 1-year timeframe and a 1-mile radius to the subject property.
Source: Public Record, HouseCanary analysis
Report Date Date report is delivered to the customer.

Source: HouseCanary
Similarity Level HouseCanary proprietary score calculated via multivariate analysis using a combination of geographic
information and key property characteristics such as bedrooms, square footage, lot size, etc. The measure
defines similarity of comparable properties relative to the subject property.
Source: Public Records, MLS, HouseCanary analysis

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Condition Rating
The condition ratings as defined by Appendix D: Field-Specific Standardization Requirements of Fannie Mae and Freddie Mac Uniform
Appraisal Dataset Specification.
C1 The improvements have been very recently constructed and have not previously been occupied. The entire
structure and all components are new and the dwelling features no physical depreciation.
Note: Newly constructed improvements that feature recycled materials and/or components can be
considered new dwellings provided that the dwelling is placed on a 100 percent new foundation and the
recycled materials and the recycled components have been rehabilitated/re-manufactured into like-new
condition. Improvements that have not been previously occupied are not considered “new” if they have any
significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended
period of time without adequate maintenance or upkeep).
C2 The improvements feature no deferred maintenance, little or no physical depreciation, and require no
repairs. Virtually all building components are new or have been recently repaired, refinished, or
rehabilitated. All outdated components and finishes have been updated and/or replaced with components
that meet current standards. Dwellings in this category either are almost new or have been recently
completely renovated and are similar in condition to new construction.
Note: The improvements represent a relatively new property that is well-maintained with no deferred
maintenance and little or no physical depreciation, or an older property that has been recently completely
renovated.
C3 The improvements are well-maintained and feature limited physical depreciation due to normal wear and
tear. Some components, but not every major building component, may be updated or recently
rehabilitated. The structure has been well-maintained.
Note: The improvement is in its first-cycle of replacing short-lived building components (appliances, floor
coverings, HVAC, etc.) and is being well-maintained. Its estimated effective age is less than its actual age. It
also may reflect a property in which the majority of short-lived building components have been replaced
but not to the level of a complete renovation.
C4 The improvements feature some minor deferred maintenance and physical deterioration due to normal wear
and tear. The dwelling has been adequately maintained and requires only minimal repairs to building
components/mechanical systems and cosmetic repairs. All major building components have been
adequately maintained and are functionally adequate.
Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which
some of the short-lived building components have been replaced, and some short-lived building
components are at or near the end of their physical life expectancy; however, they still function adequately.
Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained
property.
C5 The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some
building components need repairs, rehabilitation, or updating. The functional utility and overall livability
are somewhat diminished due to condition, but the dwelling remains useable and functional as a residence.
Note: Some significant repairs are needed to the improvements due to the lack of adequate maintenance. It
reflects a property in which many of its short-lived building components are at the end of or have exceeded
their physical life expectancy, but remain functional.
C6 The improvements have substantial damage or deferred maintenance with deficiencies or defects that are
severe enough to affect the safety, soundness, or structural integrity of the improvements. The
improvements are in need of substantial repairs and rehabilitation, including many or most major
components.

i_JK0MHN1X 1209 Cove Ln 05/08/2023
Disclaimer
This report is designed to meet the requirements to be considered an evaluation as outlined in the 2010 Interagency Guidelines, which
requires that an evaluation at a minimum:
Identify the location of the property.

Provide a description of the property.
Provide an estimate of the property’s market value in its actual physical condition, use and zoning designation as of the effective date of
the evaluation (that is, the effective date of the valuation analysis), with any limiting conditions.
Describe the method(s) the institution used to confirm the property’s actual physical condition and the extent to which an inspection
was performed.
Describe the analysis that was performed and the supporting information that was used in valuing the property.
Describe the supplemental information that was considered when using an analytical method or technological tool.
Indicate all source(s) of information used in the analysis, as applicable, to value the property, including:
- External data sources (such as market sales databases and public tax and land records);
- Property-specific data (such as previous sales data for the subject property, tax assessment data, and comparable sales
information);
- Evidence of a property inspection;
- Description of the neighborhood;
- Local market conditions.
Data contained in this report was obtained from public records, such as tax assessment and recorder data, as well as private record sources,
such as MLS and other such sources for the area (when available). Sources used for data in this report are considered reliable and customarily
relied upon in the normal course of valuation practice.
As specified in Appendix B of the Interagency Guidelines, an evaluation can be based on analytic methods or technological tools. This report
is an evaluation using those specified methods/tools. The methodology for the analytics can be found at:
https://www.housecanary.com/property-valuation-method. Since the valuation of this property is not based on an appraiser’s inspection, it is
recommended that the client has the requisite expertise to manage and validate technological tools, as required by Appendix B of the 2010
Interagency Guidelines.
Unless indicated otherwise, the condition of the subject property is determined based on an inspector’s visual analysis and photographing
the property. An industry standard condition rating (C1-C6) is provided by the inspector. The property has not been inspected beyond the
views provided in the photographs.

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Agile Evaluation

Exterior and Interior Inspection Evaluation Report

For Property Located at:

Original Address Inputted

Value Estimate / Condition:

Forecast Standard Deviation 0.05

Market Value Estimate Market Rent Estimate $1,300 ($1.11 / Sq.ft.)

Land Value $9,000

Subject APN # 09E-64-1205

Property Type (HC) Single Family-Detached; Legal Description LOT:3 BLK:14

Detached; (MLS) Single Family- Special Amenities None

Common Elements None Functional Utility Loss No / -

Conform to Neighborhood Yes / -

Exterior Walls Condition Good

Interior Walls Condition Good

Floor Condition Good

Updated/Remodeled items Furnace

Building Damages None Noted

Report Date: 05/17/2023 Agile Evaluation powered by Pg. 1

Subject's Comparability to Market

100 100 100

1 2 3 4 5 6 7 1 2 3 4 5 6 7 20-36 36-48 48-60 60-72 72-84 84-96 96-136

Neighborhood & Subject Marketability

Months of Supply Days on Market - Sold or De-listed Properties

2020 2021 2022 2023 2020 2021 2022 2023

Report Date: 05/17/2023 Agile Evaluation powered by Pg. 2

Comparable Closed Sales

Miles to Subject - 0.23 0.41 0.06 0.16

Subdivision Northdale Larimore Hills Larimore Hills Northdale Northdale

Similarity - High Moderate Moderate Moderate

Location - Similar Similar Similar Similar

Year Built 1955 1958 1959 1955 1953

Gross Living Area 1,176 sf 999 sf 864 sf 864 sf 1,125 sf

Beds/Baths 4 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0

Lot Size 7,701 sf 5,410 sf 5,201 sf 15,246 sf 8,751 sf

Basement Yes Yes Yes Yes No

List Date 04/06/2023 03/17/2011 08/18/2022 01/20/2023 08/31/2022

List Price $109,900 $28,000 $80,000 $77,750 $85,000

Sale Date / DOM 07/19/2010 / 41 11/30/2022 / 184 11/28/2022 / 96 02/17/2023 / 3 01/13/2023 / 84

Sale Price - $60,000 $80,000 $69,850 $79,000

Adjusted Sale Price $61,474 $89,343 $80,115 $77,417

Report Date: 05/17/2023 Agile Evaluation powered by Pg. 3

Miles to Subject - 0.34 1.69 1.62 0.11

Similarity - High High High Moderate

Sales Type Pending Active Pending Active Pending

Location - Similar Inferior Inferior Similar

Year Built 1955 1959 1955 1954 1956

Gross Living Area 1,176 sf 1,390 sf 1,137 sf 909 sf 1,080 sf

Beds/Baths 4 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0 3 / 1.0

Lot Size 7,701 sf 5,410 sf 6,499 sf 8,006 sf 5,502 sf

Basement Yes Yes Yes Yes Yes

List Date 04/06/2023 05/08/2023 01/06/2023 04/28/2023 04/28/2023

List Price $109,900 $134,500 $99,000 $99,900 $79,900

Last Sale Price - $537,000 $43,000 $34,000 -

Adjusted List Price $126,625 $101,213 $104,478 $77,204

Report Date: 05/17/2023 Agile Evaluation powered by Pg. 4

Sold and Listing Comparables Map ! Non-disclosure state (MO)