1. Kari M. Tatton, Appraiser
Introduction
Ms. Tatton is a Certified General real estate appraiser with Seevers Jordan Ziegenmeyer, a real estate
appraisal firm that engages in a wide variety of real estate valuation and consultation assignments. After
completing her bachelor’s degree at California State University, Sacramento, Ms. Tatton began her career in
real estate in March 2011, and has been writing narrative appraisal reports for a variety of properties. Today,
she is involved in appraisal assignments covering office, retail, industrial, multifamily housing, land and mixed-
use properties; as well as special-purpose properties including self-storage facilities, religious facilities, schools
and auto dealerships. Ms. Tatton has developed the experience and background necessary to deal with
complex assignments covering an array of property types.
Professional Affiliations
Certified General Real Estate Appraiser - State of California (No. 3002218)
Education
Academic:
Bachelor of Arts in Interior Design (Concentration in Interior Architecture)
California State University, Sacramento
Appraisal and Real Estate Courses:
Basic Appraisal Principles
Basic Appraisal Procedures
Site Valuation & Cost Approach
General Market Analysis & Highest and Best Use
Sales Comparison Approach
Income Capitalization Approach Part I
Income Capitalization Approach Part II
General Appraiser Report Writing and Case Studies
2. Sample of Appraisal Experience
Country Club Centre
Retail/Office Project
Sacramento, California
This appraisal involved the valuation of a multi-building regional
shopping/office plaza containing 619,003± square feet of rentable
area in six buildings, situated within the confines of five contiguous
assessor’s parcels. The space consisted of major anchor, junior
anchor, in-line retail and office space and the value of each
individual component was derived. The as-is market value in bulk
was estimated using a yield capitalization approach to value
(ARGUS). The report was prepared for Bank of the West.
Proposed Auto Dealership
Clovis, California
This assignment involved the as-is and prospective market valuation
of an existing auto dealership facility proposed for new construction.
After completion of the new facility, the existing building was to be
demolished. The proposed facility was slated to contain
approximately 50,138± square feet of rentable area, including a
showroom, office area, service building and carwash. The report
was prepared for Comerica Bank.
Industrial Building
Hanford, California
This assignment was the valuation of an industrial building
containing over 1,000,000 gross square feet, with 950,539± square
feet of net rentable area. The property was originally constructed in
1962 as a manufacturing building occupied by Armstrong Tires. It
was expanded in numerous phases to its current size and is utilized
as a storage warehouse. The appraisal aided in the transaction of
the property to an investor looking to lease up the property and cure
the existing deferred maintenance issues. The report was prepared
for California Bank & Trust.
Multi-family residential land
Sunnyvale, California
This project was a single-tenant flex building situated within 1.00±
acre of land zoned for either industrial use or multifamily residential
development. The property was in contract to sell with prospective
plans to raze the improvements and develop a multifamily residential
project. The yield capitalization method of the income approach was
used to determine the market value of the property. Within the yield
capitalization analysis, the sales comparison approach was relied on
to determine the fee simple market value of the underlying land. This
report was prepared for Five Star Bank.
Marina Vista Apartments
Sacramento, California
This appraisal involved the market valuation of a low income multi-
family residential project consisting of 391 for-rent apartment units..
The project was originally constructed for use as military housing.
The market value of the underlying land, with no consideration to
any of the in place improvements was also estimated at the request
of the client. The report was prepared for the Sacramento Housing
Redevelopment Agency.
3. Sample of Appraisal Experience (continued)
Proposed Self Storage Facility
West Sacramento, California
This appraisal contained both an as-is and prospective
valuation of a proposed self storage facility on 2.00±
acres. The construction was to be completed in two
phases and consist of 5 buildings with approximately 639
units. However, this appraisal was only concerned with
Phase One of the construction plan, which included four
buildings containing 28,649± square feet of area and 358
total units. The report was prepared for Tri Counties Bank.
Sacramento Country Day School
Sacramento, California
This appraisal involved the valuation of a school facility
consisting of 15 buildings constructed at various times
between 1974 and 2008 with a total of 65,240± square
feet of building area. The property was situated on 10.89±
acres of gross land area, with approximately 5.95± acres
positioned beneath a power line easement. The cost and
sales comparison approaches were used to estimate the
as-is market value. The report was prepared for Wells
Fargo Bank.