Subject Property

Subject Property

Subject Property identifies the property and the rights being appraised. We added the subject from public records, so much of it is already filled in. Our job is to check each answer and finish the rest. Open it from the section list on the left.

Address and neighborhood

Physical Address came from the parcel record: street, city, ZIP plus four, and state, in USPS format. Only a condo or co-op unit uses the unit number. Alternate Physical Address is for a second valid address, like the side street of a corner lot. This home has one address, so we leave it empty. County and Neighborhood Name came in too. Baltimore City is its own jurisdiction, so the county reads Baltimore City. The neighborhood is the subdivision from the assessor's record: Greektown Redev Ph 2.

The yes or no questions

Next, the yes or no questions. Public records answered several: this home isn't in a PUD or a project, and its site isn't owned in common. Property on Native American Lands is still blank. It isn't, so check No. Homeowner Responsible for Exterior Maintenance asks whether the owner maintains all of the exterior. For a townhome, check this one: in many communities an association maintains the exteriors. Here there's no association, and the owner does, so it stays Yes. New Construction is No. The house was built in 2015.

Attachment, units and taxes

On the right, Attachment Type is Attached. A rowhouse or townhouse shares a common wall with a neighboring home that has its own legal description, so it's attached even though the owner holds its own lot. Units Excluding ADUs is one, and Accessory Dwelling Units is zero: one living unit, with no ADU. Special Tax Assessments is required. There are none on this property, so choose No.

What's being appraised

Under Ownership Rights, choose Property Rights Appraised. The owner holds this lot and house outright, so it's Fee Simple. All Rights Included in Appraisal asks whether any rights, like mineral rights, are left out of the appraisal. None are, so choose Yes.

From the assessor

Legal Description came from the assessor's record. For this lot, the record gives only its size, 0.026 acres, which we keep. Subject Property Commentary and exhibits are there when something in this section needs explaining. Nothing does here.

Dwelling Exterior

That's the Subject Property section. The check mark beside it in the section list means every required answer is in. Next, we'll move on to the Site section.