PHONE 824-5536 P. 0. DRAWER K
T. R. WEATHERSBY AGENCY 7 '
fn.iuaneas & e=aL Estats
104 ST. GEORGE STREET
ST. AUGUSTINE, FLORIDA 32084
December 20, 1974
Mr. John Griffin, Director
Historic St. Augustine Preservation Board
P.0. Box 1987
St. Augustine, Fla. 32084
Re: F. Victor and Clara Rahner Property
Dear Mr. Griffin:
In accordance with your request through E.V. Overby,
St. Augustine Realty, I have made an appraisal of the property
known as 12 Castillo Drive, St. Augustine, Florida, for the pur-
pose of estimating its market value as of this date, December 20th,
The market value is based on the highest estimated price
in terms of a willing buyer able to pay a willing seller for the
use of property and the exposure on the market.
It is my opinion after careful consideration of the
location and the condition of the building that a fair market
value of this property is $154,607.00,
T.R. Weathersby Agency
Property: Known as 12 Castillo Drive, St. Augustine, Florida
Appraiser: T.R. Weathersby
Date appraised: December 20th, 1974
It is assumed that title to property is good and marketable.
No responsibility for legal matters is assumed and no right to expert
testimony is included.
Valuation is made without regards to questions of title, boundaries,
encumbrances, encroachments, assessments or unpaid taxes.
The opinions and estimates of building contractors, architects, owners
and others furnishing information are assumed without liability to this
I hereby certify that to the best of my knowledge and belief, the
opinions or estimates contained in this appraisal are correct.
Legal Description: E 74' of Lot 1 and all
Castillo Drive and Lot
Size of lot:
Lot 20 lying west of R/W
21, Block 7, City of St.
St. Johns Gbunty, Florida.
Approximately 94' on Chstillo Drive, 88' on south side,
92' onwest side, 64.6' on north side.
Location of property: Directly across Cpstillo Drive from Castillo De
San Marcos National Monument.
Condition of building: Excellent
Square foot area of building: Approximately 4,000 square feet.
Zoning: This property is zoned for certain types of business as per-
mitted in the Restoration area.
Remarks: This building was constructed about
stucco. The property is completely
than the part covered by building.
1964, concrete block and
covered with brick other
It also has a concrete
Page 2. Appraisal Report
block and stucco fence approximately four feet high on the south and west
property line. It is a corner lot.
The building consists of a two bedroom home upstairs with large
living room, kitchen, bath, ample closets and a large open deck
overlooking the Fort.
Downstairs is approximately 2,000 square feet area formerly used
as a studio and retail outlet. It has one full bath and bath,
plus one car garage.
The building has central heat and air.
Land value - - --$ 70,500.00
Improvement value - - 8,107.00
Total value of property $15h,607.00