(REAL ESTATE APPRAISAL WORKING PAPERS)

Inspection Report Details

TYPE OF PROPERTY TO BE APPRAISED:
Vacant Lot Condominium Agricultural Land
House and Lot Parking Lot/ Slot Industrial / Warehouse
Commercial Building Special Purpose Properties Mineral Land

CHECKLIST REQUIREMENTS:
OCT/TCT/ CCT Vicinity Map Measuring Tape
Tax Declaration – Lot – Imp. Tax Map Building Const. Cost
P/M/E
Lot Plan Location Plan Authority to Inspect
Floor Plan (Bldg.) Google Earth Camera
Latest realty tax payment

• Authority to Inspect/ issued by: _________________________________________

• Requesting Party/ Client/s : ____________________________________________
• Purpose of Appraisal :__________________________________________________
• Contact Persons/s: _____________________________________________________
Telephone No.: ______________________ Mobile Nos.: _____________________
• Date of Inspection (Actual field work) : ___________________

GENERAL INFORMATION OF THE SUBJECT PROPERTY (Legal / Site Identification)

Address/Location: ________________________________________________________________________
Lot/ Floor Area ___________ Smq. TCT /OCT/ CCT No.: __________________
RD __________________ Date Registered: __________________
Registered Owner: __________________ Serial No.: __________________
Lot No.: __________________ Block No.: __________________
Survey No.: __________________ Page No.: __________________
Book No.: __________________ Others: __________________

Land Classification per Tax Dec. _________________ Actual Use: ___________

Actual Use per Inspection _______________________ Others: _______________
Legal Boundaries ________________________________________ (See lot plan)
North:_____________ South: ___________ East :_________________ West: ____________

A. LAND – PHYSICAL
Area: ___________ Shape: ____________ Terrain: __________ Elevation: ______________
Street Frontage: Corner Lot Inner Lot ________ from main street/road
________________ Meter: Fronting street _________________________________
________________ Meter: Fronting street _________________________________
________________ Meter: Average Depth
Annotations/ Encumbrances: ________________________________________________
_____________________________________________________________________________

B. LAND – GOVERNMENT VALUES PER SQM

Value Price as of Per SQM Total Area in SQM Total Amount
BIR ZONAL
ASSESSED
VALUE
(assessor’s tax
declaration)

B.1. LOCATION AND NEIGHBORHOOD (State unit number, if condominium)

1. Front Neighborhood:
Owner: _________________________________________________ Lot No.: ____________
Address: ________________________________________________ Actual Use: ________

2. Left Side Neighborhood:

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Owner: __________________________________________________Lot No.: ____________
Address : ________________________________________________ Actual Use: ________

3. Right Side Neighborhood :

Owner: __________________________________________________Lot No.: ____________
Address : ________________________________________________ Actual Use: ________

4. Back Side Neighborhood :

Owner: __________________________________________________Lot No.: ____________
Address : ________________________________________________ Actual Use: ________
NOTABLE DEVELOPMENT IN THE AREA : _________________________________________
_____________________________________________________________________________

______________________________________________________________________________
Distance/ Accessibility :
NAME OF: Distance from the Subject Property (In KM.)

SCHOOL : 1.________________________________________________________
Public/ Private 2.________________________________________________________
3.________________________________________________________
HOSPITAL : __________________________________________________________
CHURCH : __________________________________________________________
MALL/ Com Ctr : 1.
2.________________________________________________________
3.________________________________________________________
Pub. Market : __________________________________________________________
Banks: 1._________________________________________________________
2._________________________________________________________
3._________________________________________________________
Police / Fire Stn : __________________________________________________________
Utilities /Services: __________________________________________________________
OTHERS : __________________________________________________________

MARKETABILITY OF THE SUBJECT PROPERTY

Positive Factors: ____________________________________________________________
Negative Factors: ___________________________________________________________
Others: _____________________________________________________________________

MARKET DATA (SALES COMPARABLES)

A. Neighborhood Lot Price Range (General Listings)

Listing/ Sold No. 1

Lot/ unit/ property Address: _____________________________________
Reg. Owner/s: __________________________________________________
Date Bought/ Sold: ______________________________________________
Area in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing/ Sold No. 2
Lot / unit/ property Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________

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Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing Sold No. 3
Lot /unit/ property Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing Sold No. 4
Lot / unit/ property Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________

B. Property Listings (Actual Sale)/ Source: Copy of DOAS from Notary Public

Listing 1
Lot/ unit/ property Address: _____________________________________
Reg. Owner/s: __________________________________________________
Date Bought/ Sold: ______________________________________________
Area in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing 2
Lot / unit/ property Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing 3
Lot unit/ property /Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________
Listing 4
Lot unit/ property /Address: ____________________________________________
Reg. Owner: ____________________________________________
Date Bought/ Sold: ______________________________________
in SQM: __________________Asking Price: ____________________
Actual use: ___________Vacant/ or with Improvement: ______________
Contact person/s _________________________________________________
Contact Number/s: _______________________________________________

Others: REMARKS:

______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

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______________________________________________________________________________

FOR IMPROVEMENT (Residential/ commercial/ industrial classification):

Kind of house Materials used
Foundation Wall
Windows Doors
Ceiling Roofing
Stairs Year Constructed
Flooring Year Renovated
General condition: 1. excellent 2. Good 3. Fair 4. Needs Improvement
Maintenance : 1. excellent 2. Good 3. Fair 4. Needs Improvement
Estimated Depreciation ________%
_______ Actual Age ________Effective Age _______Remaining Age
GROUND FLOOR: FLOOR AREA: ________sqm. CONDITION: ___________________
Gate Steel Wood None
Fence Concrete Barbed Interlinking
Hollow Wire Wire
Block
Garage Covered Plain Tiles FA ____
Cement sqm
Ground Earth With grass Others
Cover
Living Concrete Vinyl tiles Ceramic Marble granolithic Wood T&G Crazy
Room Tiles parquet (wood) nut
Dining Concrete Vinyl tiles Ceramic Marble granolithic Wood T&G Crazy
Room Tiles parquet (wood) nut
Kitchen Concrete Vinyl tiles Ceramic Marble granolithic Wood T&G Crazy
Tiles parquet (wood) nut
Toilet and Glazed Unglazed Marble
Bath Tiles
Terrace Concrete tiles Ceramic Marble granolithic Wood Washed Crazy
Tiles parquet peebles nut
Lanai Cement Tiles Ceramic Marble granolithic Wood Washed Crazy
Tiles parquet Peebles nut
Bedroom Glazed Unglazed/ Ceramic marble granolithic Wood Wood Crazy
Tiles cement tiles parquet parquet nut
Master’s BR _____ : Second BR _____: THIRD BR ______: Maid’s Room _______:
Description: _____________________________________________________________________________.
Utility Room: _____________________________________ Laundry Room: _______________________
Others: __________________________________________________________________________________.

IF WITHIN THE SUBDIVISION/ CONDOMINIUM/ BUILDING

Name of Subdivision/ Developer: _____________________________________________________

Kind of Subdivision/ Developer: 1.High End 2.Average 3. Low
Subdivision/ Condominium Features:
Gated Entrance Clubhouse Cable/ Internet
24-hour security GYM Basketball court
Swimming pool Multi purpose hall Parks and playground
Chapel Admin Office Elevators
Secondary road ________sqm Tennis court Garbage bin/chute
Concrete road Water system Parking
Sidewalk/concrete/earth Telephone Lobby
Promenade Power/ generator Others:

Appraised by: ___________________________________________

Date inspected: _________________________________________
Valuation Date: _________________________________________

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 KINDS OF BUILDINGS AND COMPONENT PARTS

KINDS OF BUILDING COMPONENT PARTS OF THE BUILDING/ FIXTURES

Residential house/ condominium Carport
Commercial Condominium Walls (exterior/interior)
Hotel/Motel Flooring
Residential apartment Windows
Commercial apartment Foundation
Theater/ Auditorium Main frame
Restaurant Columns and beams
Church Roof
Funeral Parlor Toilet and bath
Gasoline station Ceiling
School Terrace
Carpark building Balcony
Shopping center/mall Pavement
Industrial/ Factory Building Roofdeck
Commercial Complex Maid’s room/ driver’s quarter
Warehouse Gate/ fence
Market/ cockpit Ground cover
Gymnasium Stairs
Open Shed Cabinets
Hangar/ air dock Walk-in-closet
Boarding / Lodging house Living room
Recreational building Dining room
Cold Storage Kitchen/ dirty kitchen
Residential House Laundry area
a. Single detached Playroom
b. Single attached Music room
c. One / Two storey TownHouse Bedrooms
d. Duplex Gardens/ swimming pool/ jaccusi
e. Row house Guestroom/ den/ loft/ attic

FLOOR FINISHES

Marble slabs Vigan tiles

Marble tiles Granite tiles
Plain cement Linglazed tiles
Crazy nut marbles Ordinary wood tiles
Vinyl tiles Wood parquet
Washed pebbles T&G (wood)
granolithic

WALLINGS
➢ Concrete or hollow block
➢ Adobe, tiles, wood, plywood, synthetic rubble

CEILING
➢ Plywood, cement board, gypsum board or plastic board, luminous, acoustic, insulation

FENCES