School and Appraisal Districts' Property Value Study 2003 Final Report

DATE: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 3 TIME: 20:25 2003 PROPERTY VALUE STUDY RPT: VAL7018 FIELD STUDIES CATEGORY WORKSHEET 176 Newton 176-902 Newton CATEGORY A: SINGLE-FAMILY RESIDENCES ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL S SALE SALE CAD ADJ IND DESCRIPTION ACCOUNT NUMBER C DATE PRICE APPR VAL SALE PRICE RATIO ------------------------------------------------------------------------------------------------------------------------------------ A38 JOHN G BINGHAM, TRACT 85, R11348 C 12/02 79,800 97,058 79,800 1.2200 A38 JOHN G. BINGHAM, TRACT 178 R11438 C 7/02 37,500 26,398 37,500 .7000 A38 JOHN G BINGHAM, TRACT 168, R11462 C 10/02 47,000 53,217 47,000 1.1300 A107 WM DOBBS, TRACT 41, ACRES R12676 C 9/02 35,000 11,421 35,000 .3263 A264 JOHN T LEWIS, TRACT 23, A R14656 C 6/02 15,000 11,206 15,000 .7471 A301 EDWARD MANCIL, TRACT 1, A R15730 C 9/02 25,000 37,987 25,000 1.5200 A301 EDWARD MANCIL, TRACT 11, R15745 C 10/02 160,000 160,624 160,000 1.0000 A376 ADAM L. STEWART, TRACT 64 R17019 C 8/02 35,000 21,208 35,000 .6059 A379 SETH SWIFT, TRACT 13, ACR R17181 C 3/02 10,000 11,534 10,000 1.1500 A512 BENJAMIN WILLIAM, TRACT 2 R18333 C 4/03 123,500 86,537 123,500 .7000 A521 FRANCIS WILLIAMS, TRACT 6 R18432 C 5/03 32,000 32,572 32,000 1.0200 A590 A D FORD, TRACT 6, ACRES R19045 C 2/02 14,000 13,912 14,000 .9900 A606 W C GIBBS, TRACT 34, ACRE R19122 C 7/02 57,936 42,646 57,936 .7400 A632 T J NOTGRASS, TRACT 11-1, R19257 C 10/02 88,000 91,797 88,000 1.0400 F L BURRUS #2, LOT 180 181 182 R22434 C 2/02 30,000 35,386 30,000 1.1800 W F PETERS ADDN, LOT 12 (PART R23452 C 5/03 51,000 41,886 51,000 .8200 16 SALES CATEGORY A: SINGLE-FAMILY RESIDENCES ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL LOC ADD CAD TOTAL IND DESCRIPTION ACCOUNT NUMBER MOD OBS APPR VAL APPR VAL RATIO ------------------------------------------------------------------------------------------------------------------------------------ A-18 CORBETT STEPHENS, TR 4-2- R10552 .71 .00 83,248 84,538 .9847 A-18 CORBETT STEPHENS, TR 5, A R10553 .71 .00 46,114 50,287 .9170 A-38 JG BINGHAM, TR 51 R11306 .71 .00 17,785 24,587 .7233 A-38 JOHN G BINGHAM, TR 117, A R11381 .71 .00 52,163 70,528 .7396 A-38 JOHN G BINGHAM, TR 162 AC R11423 .71 .00 30,750 40,259 .7638 A-376 ADAM L STEWARD, TR 100-1 R17074 .71 .00 72,663 83,089 .8700 A-379 SETH SWIFT, TR 47, AC 1. R17218 .71 .00 58,005 83,087 .6981 A-606 WC GIBBS, TR 27-1, AC .5 R19115 .71 .00 47,043 56,719 .8294 A-645 GH&SA RR CO TR 6 R19337 .71 .00 62,648 58,519 1.0705 A-659 WH WRIGHT, TR 2-1, AC 2. R19458 .71 .00 68,990 71,152 .9696 A-687 NR FULLER, TR 3 AC .5 R19561 .71 .00 28,213 40,952 .6889 A-992 JH KIRBY, TR 20 AC 1.00 R21234 .71 .00 71,136 69,969 1.0167 A-1185 SM HERRIN, TR 1 AC 3.59 R21940 .71 .00 17,587 14,745 1.1927 A-1194 BE DOUGHARTY, TR 7, AC R21984 .71 .00 29,785 34,073 .8742 HARDY ADD, BL 3 LT 4 R23255 .71 .00 26,538 36,743 .7223 A-991 JH KIRBY TR 17-1 AC .72 R44742 .71 .00 41,228 49,602 .8312 A-997 JOHN H KIRBY, TR 48, AC 21308 .71 .00 22,466 25,246 .8899 17 APPRAISALS STRATIFIED WEIGHTED MEAN RATIO: .8519

DATE: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 4 TIME: 20:25 2003 PROPERTY VALUE STUDY RPT: VAL7018 FIELD STUDIES CATEGORY WORKSHEET 176 Newton 176-902 Newton CATEGORY B: MULTIFAMILY RESIDENCES INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY C: VACANT LOTS/TRACTS INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY D: RURAL REAL ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL S SALE CAD ADJ IND DESCRIPTION ACCOUNT NUMBER C DATE APPR VAL SALE PRICE RATIO ------------------------------------------------------------------------------------------------------------------------------------ A54 HENRY COCHRAN, TRACT 20-10 R11595 C 11/02 36,494 25,000 1.4598 A139 THOMAS HOLMES, TRACT 15, R13068 C 4/02 1,800 2,000 .9000 A301 EDWARD MANCIL, TRACT 14, R15749 C 6/02 44,313 50,000 .8863 A330 JOHN A MCLANAHAN, TRACT 4 R16030 C 5/02 45,667 20,000 2.2834 A502 JAMES WEST, TRACT 3, ACRE R18157 Y 7/02 18,792 18,000 1.0440 A975 I & G N RR, TRACT 2, ACRE R20967 C 1/02 40,501 26,500 1.5283 A13 JONATHAN D. RAY, TRACT 46- R45145 C 10/02 2,784 3,000 .9280 7 SALES CATEGORY D: RURAL REAL ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL CAD TOTAL IND DESCRIPTION ACCOUNT NUMBER APPR VAL APPR VAL RATIO ------------------------------------------------------------------------------------------------------------------------------------ A-139 THOMAS HOLMES TR 12 AC 1 R13059 13,147 21,658 .6070 A289 CHARLES MCKIM TR 1, AC 55 R15636 65,462 60,655 1.0792 A502 JAMES WEST, TR 24 R18181 31,976 34,009 .9400 A583 JD FORD TR 1 R19024 142,156 138,135 1.0291 A599 JH KERR, TR 3-1, AC 5.00 R19067 9,000 9,000 1.0000 A648 THOMAS S MCFARLAND, TR 41 R19416 9,490 14,955 .6345 A-831 JM POWELL JR, TR 5 AC 9. R20076 7,046 7,046 1.0000 A992 JH KIRBY, TR 8, AC 8.67 R21220 20,964 28,292 .7410 A1188 TF PICKNEY, TR 1, AC 54. R21962 43,440 43,440 1.0000 A258 WS KEAGY, TR 19, AC 15 14601 19,769 19,217 1.0287 10 APPRAISALS STRATIFIED WEIGHTED MEAN RATIO: 1.0612 CATEGORY F: COMMERCIAL REAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY L: COMMERCIAL PERSONAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.