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PIN IV SALE AD,]. SIZE SIZE S/ACRE $/SF ILND V~E~ LEGAL DATE PRICE ACRES SO.FT, 2NG s&w ZONE 7 225110011 15-Sep-89 $10~500 1.10 47~916 $9~545 $0.22 SFR LSB1FORD BROOK ESTATES 2251 3001 3 9-Au.q-B9 $14~850 2.62 11 4,108 $5,668 $0.13 SF'R L364 GREEN VALLEYEST2ND ~ ..2:~_5220009 1 2-Au.o-89 $8,500 0.92 40,000 $9,239 $0.21 SFR L483 RODEO HILLS ESTATES 225220026 3-Feb-89 $6~000 1.70 74~000 $3~529 $0.08 SC3:{ OUTLOTSC&DRODEOHILLSI 225310004 11-Ma7-89 $22~900 2.73 118~905 $8~388 $0.19 SFR W .3BIGREENVALLEYEST2ND 525320018 28-Jan-89 $6~800 1.16 50~691 $5~862 $0.13 SF'R~ LSB6 COUNTRYSIDE EST. 525420008 1-Oc1-89 $16~000 3.01 131~2401 $5~316 $0.12 SF'R L7B2WlLDWOQDACRES 625140008 7-Mar-B9 $12~900 2.51 109~500 $5t139 $0.12 SFR L.SB2WlNDSORWOOD 625140009 19-Oct-89 ~;10~500 3.30 143~748i $3~182 $0.07 SFR LgB2WlNDSORWOOD 625240006 5-Ma7-89 $91600 3.00 13016801 $3~200 $0.07 SFR 73% UNPLATED SEC. 6 625340008 22-Nov-88 $12~500 2.35 1027287 $5~319 $0.12 SFR UNPLATEDSEC. 6 11 25240007 9-Jun-89 $8:900 1.20 52~272: $7,417 $0.17 SFR ! L1B3 KLEMtSH&FLORES ADD 1125310019 1-Mar-88 $10rO00 0.86 37~400 $11~628 $0.27 SFR L7B3KLEMISHADDN. 1625120008 8-Nov-88 $11~000 0.92 40~000 $11r957 $0.28 SIR UNPLATEDSEC. 16 1625120011 21-Dec-88 $9~000 0.92 40~000 $9~783 $0.23 S,C-R UNPLATEDSEC. 16 1625120020 15-Oct-89 $10r000 1.37 59~800 $7~299 $0.17 SFR UNPLATTEDSEC. 16 1725440020 15-Jun-89 $15r270 0.85 37~000 $17~965 $0.41 SFR LIOB4WHSPNGP~NESESTP3 2125210003 31-Oct-89 $12=500 1.52 66~400 $8~224 $0.19 SFR UNPLATTEDSEC. 21 21 25,430022 6-Sep-89 $13,900 0.75 32~670 $187533 $0.43 SFR L783 PINEVIEW ESTATES 21 25440029 2-Mar-89 $11.900 1.53 66r600 $7~778 $0.18 ISFR L6B5PINEVIEWESTATES 21 25440030 29.Jan-89 $13~000 1.76 70~040 $7~386 $0.19 SFR L785 PINEVIEW ESTATES 2225140024 14-Jul-89 $10~900 1.00 43~605 $10~900 $0.25 SFR UNPLA'CrEDSEC.22 2225310002 15-Sep-89 $10=000 1.00 43r560 $10~000 $0.23 SFR W UNPLA'I-FEDSEC.22 2225330032 11 -Nov-89 $12~000 1.32 57~368 $97091 $0.21 SFR UNPLA"t-rED SEC.22 AVERAGES ZONE 7 $11~643 1.64 71~241 $8~431 $0.19 The above table indicates an average lot value of $11,600.00 and an average size of about 1.64 acres. Since this sample was large, it was considered adequate for determining the average or base lot value for that zone. Taking the average, $11,643.00 times 90% multiplier, we arrive at an indicated base value of $10,500.00 for lots in Zone 7. This value was confirmed by using the extraction method described previously which also indicated a lot value of $10,500.00. Lots substantially larger than an acre had value added for the additional acreage based on a per acre value. For instance, tillable market or wooded market acreage would be figured at an additional $1,700.00 per acre for wet acreage approximately $200.00 to $300.00 per acre. The next zone or neighborhood is Zone 8. Zone 8 could best be described as those properties with lots less than five acres in size and with a value of approximately $18,000.00 to $25,000.00. Most of the improvements in this zone consist of properties which were built in the 1980's and are comprised of predominately two-story, split levels and large ramblers. The following table shows 14 sales in Zone 8 for the period from May, 1988, to August, 1989. 12