Shalimar Santiago

"THIS ANALYSIS HAS NOT BEEN PERFORMED IN ACCORDANCE WITH THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE WHICH REQUIRE VALUERS TO ACT AS UNBIASED, DISINTERESTED THIRD PARTIES WITH IMPARTIALITY, OBJECTIVITY AND INDEPENDENCE AND WITHOUT ACCOMMODATION OF PERSONAL INTEREST. IT IS NOT TO BE CONSTRUED AS AN APPRAISAL AND MAY NOT BE USED AS SUCH FOR ANY PURPOSE." Researched and prepared by Shalimar Santiago Subject Property 703 E Emily ST Prepared exclusively for 33603-6007 Shalimar Santiago Prepared on April 20, 2018 Shalimar Santiago 3104 N Armenia Ave Ste 2 TAMPA, FL 33602 813-389-7881 shalimar@reibh.com http://www.reibh.com

Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis. Sold Listings Address Price Bds Bth Sqft Ht Acres SLD Date DOM 703 E Emily ST 5 0.450 2611 E 38TH AVENUE, TAMPA FL $67,000 3 1 1,412 0.110 12/29/2017 31 714 E EMILY STREET, TAMPA FL $84,672 3 1 1,292 0.160 01/26/2018 16 802 E OSBORNE AVENUE, TAMPA FL $100,000 3 1 1,338 0.180 04/02/2018 6 1209 E 26TH AVENUE, TAMPA FL $118,000 2 1 1,530 0.170 03/06/2018 557 918 E 33RD AVENUE, TAMPA FL $119,900 3 2 1,404 0.140 12/08/2017 5 1314 E 26TH AVENUE, TAMPA FL $120,000 3 2 1,419 0.160 03/08/2018 100 1508 E 27TH AVENUE, TAMPA FL $125,500 3 2 1,186 0.190 04/05/2018 46 1305 E 20TH AVENUE, TAMPA FL $137,500 3 1 1,124 0.040 01/11/2018 21 1012 E EMMA STREET, TAMPA FL $151,000 3 1 1,168 0.160 02/22/2018 152 1214 E NORTH BAY STREET, TAMPA FL $167,000 4 2 1,576 0.280 03/16/2018 277 1310 E CURTIS STREET, TAMPA FL $177,000 2 2 1,125 0.130 03/22/2018 16 1312 E CHELSEA STREET, TAMPA FL $184,000 4 2 1,396 0.130 03/30/2018 99 811 E CURTIS STREET #1/2, TAMPA FL $210,000 3 2 1,348 0.170 02/16/2018 39 914 E GENESEE STREET, TAMPA FL $235,000 3 2 1,486 0.230 01/26/2018 129 Averages: $142,612 3.0 1.6 1,343 0.161 107 Low Median Average High Count Comparable Price $67,000 $131,500 $142,612 $235,000 14 Adjusted Comparable Price $67,000 $131,500 $142,612 $235,000 14 On Average, the 'Sold' status comparable listings sold in 107 days for $142,612

Minimums and Maximums This page summarizes key fields of the listings in this analysis. The listings in this analysis can be summarized as follows: Listing Price between $62,000 and $239,900 Selling Price between $67,000 and $235,000 2 to 4 Bedrooms 1 to 2 Total Bathrooms 1,124 to 1,576 Square Feet $43.91 to $162.58 per Square Foot $47.45 to $158.14 per Sold Square Foot Year Built between 1935 and 1963

List Price and Sale Price This graph illustrates the list price, along with sale price in Sold listings. 240K 200K Price Graph 160K 120K List Price Sold Price 80K 40K 0K 1012 E EMMA ST 1209 E 26TH AVE 1214 E NORTH BAY ST 1305 E 20TH AVE 1310 E CURTIS ST 1312 E CHELSEA ST 1314 E 26TH AVE 1508 E 27TH AVE 2611 E 38TH AVE 714 E EMILY ST 802 E OSBORNE AVE 811 E CURTIS ST #1/2 914 E GENESEE ST 918 E 33RD AVE

2611 E 38TH AVENUE U7838577 Status: SLD Beds: 3 L Price: $62,000 Baths: 1 (1 0) S Price: $67,000 Age: 1953 S Date: 12/29/2017 None SqFt Heated: 1,412.00 One level, single family home located in Englewood Subdivision near Ybor area. Lots of potential for this 3 bedroom, 1 bath home with an over sized laundry area and bonus room. Great opportunity to customize as a starter home or for rental income. Located with easy access to I-4 Interstate and close to downtown Tampa and historic Ybor City. This is a HUD home, sold As-Is. HUD is an Equal Housing Opportunity Provider. See Realtor remarks for submitting bid. Case #093-726680. See HUD website for bid submission deadlines. From Hillsbrough Ave turn south on N 22nd, and then left on E Osborne Ave. Then turn south on E 38th Ave to property. 714 E EMILY STREET O5538609 Status: SLD Beds: 3 L Price: $89,600 Baths: 1 (1 0) S Price: $84,672 Age: 1938 S Date: 1/26/2018 None SqFt Heated: 1,292.00 Charming home centrally located has 3 bedrooms, 1 bath, sunny kitchen with ample counter space, comfortably sized rooms all situated on a quiet street with mature trees. Convenient to shopping, restaurants, I-75, I-4 and Downtown Tampa only 10 minutes away. Needs your finishing touches and TLC to bring out the best in this home From west on E Emily St toward N Taliaferro Ave, Destination will be on your right. 802 E OSBORNE AVENUE T2933898 Status: SLD Beds: 3 L Price: $109,900 Baths: 1 (1 0) S Price: $100,000 Age: 1942 S Date: 4/2/2018 None SqFt Heated: 1,338.00 Attention investors and rehabbers! Rare Seminole Heights Bungalow available now. Buyers must view and inspect before submitting offers. Cash only. Sold as-is with no inspection period. NOT a short sale or foreclosure - ready to close now! I275 to E on Ave. Right on N Nebraska Ave. Right on E Osborne Ave. Destination on the Right.

1209 E 26TH AVENUE T2828590 Status: SLD Beds: 2 L Price: $125,000 Baths: S Price: $118,000 Age: 1939 S Date: 3/6/2018 Driveway, Garage Faces Rear, SqFt Heated: 1,530.00 Garage Faces Side, None, Off Investment/Needs TLC:: home sits on an Oversized lot located directly on E. 26th St, a few blocks from Nebraska Avenue. This house is in close proximity to Interstsate-4 and easy ingress/egress to Downtown Tampa, North Tampa and Orlando. The area has been in a growth mode with renovations and new residences on a consistent basis. This neighborhood is close to the river and state parks. The neighborhood has maintained itself over the years with parks, mature trees and brick streets in many areas. This property may be sold with a portfolio consisting of 2 other addresses, totaling 5 Units that are leased and income producing. Entire portfolio may be purchased for $371,000.00. Landlords, at their discretion, may NOT split the Sale Portfolio. I-275 S Exit 46B toward Martin Luther King Jr Blvd. Take the 1st left onto E Dr Martin Luther King Jr Blvd. Turn Right onto N Nebraska Ave. Turn Left onto E 26th Ave. Property is on the Right. 918 E 33RD AVENUE T2912205 Status: SLD Beds: 3 L Price: $119,900 Baths: 2 (2 0) S Price: $119,900 Age: 1946 S Date: 12/8/2017 None, On Street Parking SqFt Heated: 1,404.00 3 Bedroom - 2 Bathroom home with a fenced yard. Centrally located to Down Town Tampa, I-275, Seminole Heights, entertainment and shopping. I-275 to Martin Luther King, south on Nebraska, left on 33rd Ave, 1st home on left

1314 E 26TH AVENUE T2904407 Status: SLD Beds: 3 L Price: $120,000 Baths: 2 (2 0) S Price: $120,000 Age: 1950 S Date: 3/8/2018 None SqFt Heated: 1,419.00 NOT a Short Sale, NOT a bank owned property. Can Close IMMEDIATELY!!! This move in ready 3 bedroom, 2 bath home is perfect for the first time home buyer!! It features over 1400 sqft of living space, a perfect size kitchen, tile flooring in the main areas and carpet in bedrooms. Centrally located in Tampa easy access to I-275 or I-4, downtown Tampa, shopping, fine dining and much more!! THIS IS A MUST SEE!!! Call today for a showing before this is gone!!! Home sits at the corner of E 26th Ave and N 14th St. 1508 E 27TH AVENUE T2920329 Status: SLD Beds: 3 L Price: $125,000 Baths: 2 (2 0) S Price: $125,500 Age: 1951 S Date: 4/5/2018 SqFt Heated: 1,186.00 NOT a Short Sale, NOT a bank owned property. Can Close IMMEDIATELY!!! Beautiful 3 bedroom, 2 bath, home in Tampa is ready to be yours! This move in ready gem has a desirable floor plan with over 1100 sqft of living space. Home features earth tone tile flooring in the main areas and carpet in bedrooms. Beautiful kitchen with plenty of cabinet spaces for storage just perfect for the family. Centrally located just off of E Dr. MLK jr blvd and N 15th St. easy access to I-275, schools, shopping, dining and much more!! From N Nebraska ave and E 26th ave. head east on E 26th ave about 0.5 mi turn left onto N 15th st. turn right onto E 27th ave destination will be on the left.

1305 E 20TH AVENUE T2913382 Status: SLD Beds: 3 L Price: $141,900 Baths: 1 (1 0) S Price: $137,500 Age: 1945 S Date: 1/11/2018 Covered Parking SqFt Heated: 1,124.00 You MUST see this newly remodeled home nestled amoung the bungalows of Ybor's Historical District! This 3 bedroom home has a concrete block exterior and faux red brick. All bedrooms easily fit queen beds plus furniture. There's an extra large kitchen with space for a dining table. This house feels like NEW! And you'll LOVE this low maintenance yard because there's no lawn to mow! But you'll enjoy the front patio while relaxing on benches, entertaining or just enjoying your winter evening. You'll be walking distance to the Cuscaden Park and community pool and a short drive to HCC or Ybor's dining and shopping district. Upgrades include new Roof, new AC system, kitchen cabinets with slide out shelves and 42" uppers, large pantry, premium laminate flooring, carpet in bedrooms, tile in bath, premium vanity, refinished tub and shower, utility closet for stacked washer/dryer, all new LED lighting, modern finish textured walls and ceilings, 5 inch baseboards, blinds on all windows, and more! From I-4, exit 1 to Ybor and turn on N 22nd Ave. Left on E 21st Ave. Left on N Avenida Republica De Cuba. Turn Right on E 20th Ave. Then arrive. If driving East on West Columbus from North Florida Ave, Left on N 13th street. Right on E 20th Ave.

1012 E EMMA STREET U7830040 Status: SLD Beds: 3 L Price: $164,900 Baths: 1 (1 0) S Price: $151,000 Age: 1963 S Date: 2/22/2018 Driveway SqFt Heated: 1,168.00 A MUST SEE. Great LOCATION in the up-and-coming and by the historic area of SEMINOLE HEIGHTS, close to Downton and all what TAMPA Bay offers. A charming but practical layout, this block home is a great choice for anyone, perfect for home based professional business. Freshly painted and renovated, nice living and dining connected to an updated kitchen, 3/bedrooms and an additional area with a second front door that can be a spacious office or multiple purpose room. A/C 2016, laundry area with ample storage and cabinets. Huge backyard with a porch great for barbeques and parties, lots of space for additional cars or a boat. From North on Nebraska Ave, left onto E Emma Street, on the third block, property will be on the left. From South on 275, exit 46b onto Martin Luther King, make a right and left onto Nebraska Ave, 0.3 miles later a right onto E Emma St. 1214 E NORTH BAY STREET T2867145 Status: SLD Beds: 4 L Price: $176,900 Baths: 2 (2 0) S Price: $167,000 Age: 1949 S Date: 3/16/2018 None SqFt Heated: 1,576.00 This Beautiful Home is very spacious with 4 Bedrooms and 2 Newly Remodeled Bathrooms!!! With the Added Screen Room and Spacious Fenced in Back Yard, this home has all you need for entertaining on the weekends or just enjoying the peaceful Florida Weather on your down time!! The remodeled Kitchen has BRAND NEW stainless appliances! (Seller to Install Oven/Range) Ready for any baking contest you throw its way! This home is one you do not want to miss out on!!! Come by today and see what great things this home has in store for you! I-275 N, exit 46 B, right on 574, Left on 12th St, Right onti East North Bay St.

1310 E CURTIS STREET T2920831 Status: SLD Beds: 2 L Price: $182,900 Baths: 2 (2 0) S Price: $177,000 Age: 1935 S Date: 3/22/2018 None SqFt Heated: 1,125.00 Charming and very well-maintained bungalow-style home with just a 7 minute drive to downtown Tampa! Natural light fills this ready to move-in, freshly painted home with beautiful laminate flooring in the main living areas and NEW CARPET in the bedrooms! Open-plan and great layout with 2 bedrooms/2 full baths. In the back of the home there is a small bonus room that could be used as an office/den/storage/nursery or even make it a large walk-in closet! There is also INSIDE LAUNDRY. Step down into the nice size fenced-in backyard surrounded by beautiful oak trees. The house was RE-PLUMBED in 2017! This home is just a 1-5 minute drive to trendy restaurants (Ella s, The Independent, The Refinery, Fodder and Shine, Old Heights Bistro), coffee shops, craft breweries (Brew Bus Brewery, Angry Chair) and 5 minutes to Ulele/The RIVERWALK and the much anticipated Armature Works. Close access to I-275 and I-4 and 15 minutes to the airport. Call for a private showing and make this home yours! INTERSTATE 275 S TO EXIT 47, LEFT ON HILLSBOROUGH AVE, RIGHT ON NEBRASKA, LEFT ON E OSBORNE, RIGHT N 13TH STREET L ON E CURTIS. DESTINATION IS ON THE LEFT

1312 E CHELSEA STREET T2911116 Status: SLD Beds: 4 L Price: $179,000 Baths: 2 (2 0) S Price: $184,000 Age: 1954 S Date: 3/30/2018 None SqFt Heated: 1,396.00 Back on market and priced to sell. Way below market value!! Beautifully renovated 4 bedroom 2 bathroom home near Historic Ybor in the ever appreciating Seminole Heights. Featuring a large dining room area, separate large laundry room and storage, a new, very large fenced in backyard. The interior has all new kitchen and cabinets, granite, all new stainless steel appliances, electric, paint in and out, laminate floors. Bathrooms have all new tiles, vanities and glass shower doors. Two car driveway, conveniently located near all major highways, buses and other transportation. This home is truly a MUST SEE! (Video walkthrough can be seen on Zillow. All measurements are to be verified independently). UPDATE: Kitchen and dining room floors have been beautifully upgraded since photos were taken to tile (must see). Roof has been updated as well and has 10 years left on it. ********NOTE: Home comes with a free full 1 year HOME WARRANTY with American Home Shield!********** Exit 46B, right on MLK, left on N 15th, left on E Chelsea

811 E CURTIS STREET #1/2 T2914307 Status: SLD Beds: 3 L Price: $215,000 Baths: 2 (2 0) S Price: $210,000 Age: 1939 S Date: 2/16/2018 None, Parking Pad SqFt Heated: 1,348.00 BACK ON THE MARKET - CONTRACT FELL THROUGH. MOVE-IN READY!!! Lovely updated home available for your buyers to enjoy. The possibilities are endless with this home which has been updated and it features 3 bedrooms, 2 baths and a detached in-law quarters that with a little TLC can be a terrific rental unit (it already has a kitchen and bathroom). As you enter this home you'll be greeted with gleaming wood floors and neutral paint throughout. The living and dining rooms are separate and are ample in size. The kitchen has been updated with wood cabinets, granite counter tops, glass backsplash and stainless steel appliances. Great floor plan conducive to entertaining family and friends. The master bedroom has been updated and it's spacious with 16x16 ceramic tile and a large closet. Bathroom has wood cabinet, granite counter top and tub with shower. One of the bedrooms is currently being used as dressing area/closet for all tenants. Second bathroom has been updated as well with wood cabinet, granite counter top. Sliding glass doors give you access to the fully fenced backyard which is large enough for a playset or your pets to run around, there's even enough room for a pool. there's is an adjacent alley to the right of the home which can accommodate parking for at least four cars. New roof 2012, new A/C 2016. This home is centrally located to major highways, trendy restaurants, parks etc. Call your agent and come see for yourself. Nebraska Avenue to West on Curtis to address

914 E GENESEE STREET T2895362 Status: SLD Beds: 3 L Price: $239,900 Baths: 2 (2 0) S Price: $235,000 Age: 1948 S Date: 1/26/2018 None SqFt Heated: 1,486.00 Divine renovation on this 1948 concrete block stunner in sought after Seminole Heights! Come home to sleek design and contemporary sophistication to your little slice of Heaven sitting proudly on a nearly 1/4 acre lot! Yes sir, America was on a post World War II high and the new affluent middle class were building their modern homes and starting the baby boomer era. Step up through the heart shaped wrought iron railing that embraces your shady front porch. Once inside your delighted eyes will pop to find the glowing original pine wood floors and the open floor plan that you've been dying for! The kitchen is a sexy chassy featuring the cool hard glow of granite counters, sparkling crystal drop pendants, white shaker cabinets and classic white subway tile backsplash. The under cabinet lighting with remote control has different colored lighting selections to fit your every mood! The master bedroom dream suite is tucked oh so far away on the east side of the home ensuring complete quiet and privacy. It's en suite bathroom is huge and features dual vanity sinks and large walk in frameless shower with river pebble floors. Be sure to bring ALL of your shoes and clothes because the master bedroom walk in closet is very ample! Out back is a gigantic backyard perfect for stargazing or perhaps a game of croquet? New roof, high efficiency air conditioning system and updated electrical, so there's nothing not to love here! Seminole Heights is a foodies paradise. Come and explore! Room sizes approx. From Nebraska, go east on Genesee to home on left.

Total # of Listings Lowest Price Highest Price Average Price Avg. Price/SqFt 14 $67,000 $235,000 $142,612 $107.23 1012 E EMMA STREET 1209 E 26TH AVENUE 1214 E NORTH BAY STREET 1305 E 20TH AVENUE 1310 E CURTIS STREET 1312 E CHELSEA STREET 1314 E 26TH AVENUE 1508 E 27TH AVENUE 2611 E 38TH AVENUE 714 E EMILY STREET 802 E OSBORNE AVENUE 811 E CURTIS STREET #1/2 914 E GENESEE STREET 918 E 33RD AVENUE 0K 40K 80K 120K 160K 200K 240K

250.0K Summary Graph/Analysis The use of a k after the decimal and -0, indicates thousands. 200.0K 150.0K 100.0K 50.0K 0.0K Avg Price Min Price Max Price Cumulative Analysis Listing Category Sold Lowest Price Highest Price Average Price Avg $ Per SF $67,000 $235,000 $142,612 $107.23 Totals / Averages $67,000 $235,000 $142,612 $107.23 Sold Property Analysis Address List Price Sold Price %SP/LP SP/Sqft 2611 E 38TH AVENUE $62,000 $67,000 %108.06 $47.45 714 E EMILY STREET $89,600 $84,672 %94.50 $65.54 802 E OSBORNE AVENUE $109,900 $100,000 %90.99 $74.74 1209 E 26TH AVENUE $125,000 $118,000 %94.40 $77.12 918 E 33RD AVENUE $119,900 $119,900 %100.00 $85.40 1314 E 26TH AVENUE $120,000 $120,000 %100.00 $84.57 1508 E 27TH AVENUE $125,000 $125,500 %100.40 $105.82 1305 E 20TH AVENUE $141,900 $137,500 %96.90 $122.33

1012 E EMMA STREET $164,900 $151,000 %91.57 $129.28 1214 E NORTH BAY STREET $176,900 $167,000 %94.40 $105.96 1310 E CURTIS STREET $182,900 $177,000 %96.77 $157.33 1312 E CHELSEA STREET $179,000 $184,000 %102.79 $131.81 811 E CURTIS STREET #1/2 $215,000 $210,000 %97.67 $155.79 914 E GENESEE STREET $239,900 $235,000 %97.96 $158.14 Total Averages $146,564 $142,612 %97.60 $107.23 Property Summary S Street Address Bds Bth Sqft Ht L Price S Price Sold Date Sold SLD 2611 E 38TH AVENUE 3 1 (1 0) 1,412 $62,000 $67,000 12/29/2017 SLD 714 E EMILY STREET 3 1 (1 0) 1,292 $89,600 $84,672 01/26/2018 SLD 802 E OSBORNE AVENUE 3 1 (1 0) 1,338 $109,900 $100,000 04/02/2018 SLD 1209 E 26TH AVENUE 2 1,530 $125,000 $118,000 03/06/2018 SLD 918 E 33RD AVENUE 3 2 (2 0) 1,404 $119,900 $119,900 12/08/2017 SLD 1314 E 26TH AVENUE 3 2 (2 0) 1,419 $120,000 $120,000 03/08/2018 SLD 1508 E 27TH AVENUE 3 2 (2 0) 1,186 $125,000 $125,500 04/05/2018 SLD 1305 E 20TH AVENUE 3 1 (1 0) 1,124 $141,900 $137,500 01/11/2018 SLD 1012 E EMMA STREET 3 1 (1 0) 1,168 $164,900 $151,000 02/22/2018 SLD 1214 E NORTH BAY STRE 4 2 (2 0) 1,576 $176,900 $167,000 03/16/2018 SLD 1310 E CURTIS STREET 2 2 (2 0) 1,125 $182,900 $177,000 03/22/2018 SLD 1312 E CHELSEA STREET 4 2 (2 0) 1,396 $179,000 $184,000 03/30/2018 SLD 811 E CURTIS STREET # 3 2 (2 0) 1,348 $215,000 $210,000 02/16/2018 SLD 914 E GENESEE STREET 3 2 (2 0) 1,486 $239,900 $235,000 01/26/2018

CMA Map Layout This page displays the Map for the CMA Subject and your comparables. 1 703 E Emily ST 2 914 E GENESEE ST 3 811 E CURTIS ST #1/2 4 1312 E CHELSEA ST 5 1310 E CURTIS ST 6 1214 E NORTH BAY ST 7 1012 E EMMA ST 8 1305 E 20TH AVE 9 1508 E 27TH AVE 10 1314 E 26TH AVE 11 918 E 33RD AVE 12 1209 E 26TH AVE 13 802 E OSBORNE AVE 14 714 E EMILY ST 15 2611 E 38TH AVE