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I an of the opinion that the fair Market <br />Value of the property is as follows: <br />Land 40 feet @ $85 CALL $3500.00 <br />Improvements residence 7750900 <br />Single garage 750.00 <br />Total $12 000.00 <br />TWELVE THOUSAND DOLLARS <br />The house and lot being used as a court next door <br />was purchased in 1954 for $10,500.00. My under- <br />standing is that the building was in poor condition. <br />The owners of the subject property are <br />asking $13000.00. This price not out of reason* <br />The above property is assessed as follows: <br />Land $450,00 Improvements $1500.00. <br />Resp"tfully yours, <br />R. W. Kittrelle <br />RWKAs <br />enc <br />