APPRAISER PROFILE: CHAS W. LEEPER, SRA
Mr. Leeper started a real estate career in 1973 at the age of 20. By the age of 28, he owned real estate offices in West Covina, Covina, Baldwin Park and an Escrow Company in Covina. Primary responsibilities were to oversee the brokerage of SFRs, Condos, PUDs, and small income units. Mr. Leeper was involved in the training of appraisal and sales techniques to real estate agents and brokers.
He has been a member of both the National and California Association of Realtors for over 20 years. Mr. Leeper has been an active real estate investor, investing in SFRs and small income units in the San Gabriel Valley and Orange County.
Mr. Leeper began formal training as an appraiser in 1986 with the successful completion of the SREA class 101 and 102. While engaged as an associate appraiser with George Leeper Appraisal Service, principal duties included appraising SFRs, PUDs, Condos and small income units plus desk/field reviews.
In January 1988, Mr. Leeper began operating as an independent fee appraiser known as "Leeper Appraisal Services". Leeper Appraisal Services has grown in its regional presence to serve all of California. The company has been well received by major Banks, Savings & Loans, Attorneys, CPAs, Hard Money lenders, Mortgage Companies and Credit Unions.
Mr. Leeper received the SRA designation from the Appraisal Institute on November 1, 1994. In December 1991 he was approved as a California State Certified Residential Appraiser.
Mr. Leeper developed a seminar, "Throw Away Your CMA", to help REALTORS better understand and use technical valuation skills in their dealings with the public. The course was approved by the California Department of Real Estate for nine hours continuing education credits.
In January 1992, Mr. Leeper was admitted to the state education faculty of the California Association of REALTORS. Mr. Leeper has authored curriculum for the Graduate Realtors Institute. The Institute is the designation (GRI) program for the California Association of Realtors. The class, "Pricing Properties for Sale", was approved for seven hours continuing education credits by the Department of Real Estate.
Working as an outside consultant for a national appraisal firm, Mr. Leeper developed and administered a network of review appraisers in 25 states.
In 2010-2012, Mr. Leeper completed and/or supervised 70 forensic reviews. The reviews were completed on appraisals of mostly complex and high value homes throughout Southern California. The reviews were used in legal action brought by a government agency.
In 2010, a Wall St. hedge fund retained Mr. Leeper as a consultant regarding market conditions for residential assets in California.
In 2011, Mr. Leeper was certified as a Collateral Valuation Specialist which authorizes him to produce "Collateral Valuation Reports". The CVR utilizes comparable sales analysis, comparable listing analysis and multiple regression analysis.
Over the past 20 years, Mr. Leeper has been engaged as an expert witness for litigation and tax issues. Litigation issues included diminution in value disputes caused by encroachment as well as blocked ocean view. A local school district contracted Mr Leeper to analyze and report value differences of residential properties, based solely on the school districts in which the properties are located.
In recent years, Mr Leeper has specialized in high end, complex residential appraisal assignments on Catalina Island, local beach communities, West Los Angeles, Beverly Hills and Malibu.
Mr. Leeper has been married for over 40 years, has three children and 15 grand children. He was a resident of Walnut CA for 18 years and has been a resident of Newport Beach, CA since 1996. He loves God and is committed to the gospel message to "go and make disciples of all nations... Mt.28:19". He is an avid skier, surfer, backpacker, golfer, and fly fisherman.
Sample of Complex Appraisal Assignments
Bay Dr, Laguna Beach, CA, 7,484sf, $22,000,000
Gorham, Newport Beach CA, 8,154sf, $16,650,000
Del Mar, Newport Coast, CA, 14,958sf, $30,000,000
Pelican Crest Dr, Newport Coast, CA, 12,654sf, $15,000,000
Via Lido Nord, Lido Island, Newport Beach, Vacant Land, $10,000,000
Emerald Bay, Laguna Beach CA, 8,108sf, $22,000,000
Monarch Cove, Dana Point CA, 8,722sf, $17,000,000
Ocean Bl, Newport Beach CA, 5,924sf, $13,900,000
Malibu Colony Rd, Malibu CA, Vacant Land, $9,000,000
Sea Shell, Newport Coast, CA, 8,178sf, $5,400,000
2222 Channel Rd, Newport Beach, CA, 8,700sf vacant lot, $9,000,000
Premiere Pt, Newport Coast CA, 9,572sf, $8,200,000
Sunset Harbor, Newport Coast CA, 10,378sf, $8,150,000
Calle Arbolada, Pacific Palisades CA, Vacant Land, $9,000,000
Ashdale Av, Los Angeles CA, 2,835sf, $8,000,000
Bayshore Dr., Newport Beach, CA, 4,341sf, $5,400,000
Milford Dr, Corona Del Mar, CA, 6,328sf, $11,000,000
La Cuesta Dr, Santa Ana CA, 5,987sf, $3,400,000
Harbor Island Dr, Newport Beach CA, 4,809sf, $7,000,000
Pacific Dr, Corona Del Mar CA, 5,897sf, $5,800,000
Oceanfront, Newport Beach CA, 6,494sf, $10,500,000
Linda Isle, Newport Beach CA, 6,500sf, $5,700,000
Ritz Cove Dr., Dana Point, CA, 4,800sf, $3,200,000
The Strand, Manhattan Beach, CA, 9,187sf, $3,700,000
Raymond Av, Fullerton CA, 117,135sf vacant lot, $1,000,000
Wide Loop, Rolling Hills, CA, 5,737sf, $1,900,000
Needle Grass, Irvine CA 3,939sf, $1,750,000
Crest Rd., Rolling Hills, CA, 7,390sf, $3,000,000
Bay Ave., Newport Beach, CA 2,692sf, $2,300,000
Coldwater Canyon, Beverly Hills, CA, 5,906sf, $1,100,000
Needle Grass, Irvine CA, 39,399sf vacant lot, $1,750,000
Corona Del Mar, Pac. Palisades, CA, 5,082sf, $1,600,000
Sagamore Dr., Huntington Beach, CA, 4,348sf, $1,300,000
Fern Canyon, Laguna Niguel, CA, 5,864sf, $1,250,000
Napoli Ct., Long Beach, CA, 5,247sf, $1,500,000
Oceanfront, Newport Beach CA, 5,487sf, $6,000,000
Telescope, Newport Coast, CA, 4,800sf, $2,300,000
Topanga Canyon Rd, Silverado CA, 4,337sf, $1,155,000
Port Ramsgate Pl., Newport Beach, CA, 3,625sf, $1,100,000
Golden Ridge Ln., San Juan Capistrano, CA, 6,124sf, $1,400,000
Via Promontoria, San Clemente, CA, 4,739sf, $1,220,000
Portside Way, Newport Beach, CA, 2,462sf, $1,190,000
Hillside Terrace, San Juan Capistrano, CA, 3,107sf, $1,100,000
Murefield, Dove Canyon, CA, 3,109sf, $3,109,000
Paseo Del Niguel, Laguna Niguel, CA, 4,556sf, $1,600,000
Coral Reef, Newport Coast, CA, 4,042sf, $1,300,000
Temple Hills, Laguna Beach, CA, 3,256sf, $1,350,000
Coral Dr., Laguna Beach, CA, 2,935sf, $1,200,000
Marble Sands, Newport Beach, CA, 5,432sf, $1,500,000
Onyx Ave., Newport Beach, CA, 2,486sf, $1,550,000
Portico Del Norte, San Clemente, CA, 4,739sf, $1,220,000
Via Siena, Irvine, CA, 3,053sf, $1,150,000
Ocean Vista, Huntington Beach, CA, 3,383sf, $1,100,000
Shadow Mountain, Pacific Palisades, CA, 6,900sf, $3,300,000
Valley Dr., Villa Park, CA, 8,228sf, $2,000,000
Ramos Pl., Pacific Palisades, CA, 5,600sf, $2,500,000
Clemente Ave., Avalon, CA, 3,543sf, proposed Triplex, $1,000,000
Hightree, Santa Monica, CA, 6,861sf, $4,000,000
Santa Barbara, Huntington Beach, CA, 4,712sf, $2,800,000
Plaza A La Playa, San Clemente, CA, 3,374sf, $1,680,000
Scenic Bluff, Newport Coast, CA, 5,195sf, $3,700,000
Pebble Dr., Newport Beach, CA, 5,053sf, $1,800,000
Asilomar, Laguna Niguel, CA, 6,766sf, $2,700,000
Ramos Pl., Pacific Palisades, CA, 5,527sf, $2,000,000
Avalon Vista, Newport Coast, CA, Vacant lot, $3,100,000
Pelican, Carlsbad, CA, 4,514sf, $1,270,000
Andreas Canyon Dr., Palm Desert CA, 6,072sf, $3,500,000
Atlantis Cove, Newport Coast, CA, 4,016sf, $2,850,000
Chestnut Pl, Newport Beach, CA, 4,055sf, $1,450,000
Pelican St., Carlsbad, CA, 4,514sf, $1,270,000
Raymond, Fullerton, CA, 3,400sf, $1,400,000
Lexie Cir., Huntington Beach, CA, 2,600sf, $1,350,000
Beacon Bay, Newport Beach, CA, 3,800sf, land lease $3,800,000
Ocean Front, Newport Beach, CA, 2,300sf, $2,900,000
Santa Ana, Costa Mesa, CA, 4,100sf, $1,500,000
Turnberry, Coto De Caza, CA, 4,600sf, $1,510,000
Seashore Dr. Newport Beach, CA, 2,714sf, $1,600,000
Fargo Rd., Laguna Hills, CA, 6,508sf, $2,650,000
Paseo Del Niguel, Laguna Niguel, CA, 4,556sf, $2,200,000
Beacon Bay, Newport Beach, CA, 3,896sf, $3,800,000
Pelican Crest, Newport Coast, CA, 12,654sf, $15,000,000
La Cuesta, Santa Ana, CA, 5,987sf, $3,400,000
Oceanfront, Newport Beach, CA, 4,276sf, $5,200,000
Bayfront, Newport Beach, CA, 2,4726sf, $4,700,000
Via Trieste, Newport Beach, CA, 4,216sf, $3,800,000
South Peak, Laguna Niguel, 6,688sf, CA $3,400,000
Harbor Island Dr, Newport Beach, CA, 4,764sf, $3,300,000
Gorham Dr., Corona Del Mar, CA, 2,511sf, $3,200,000
Carnation Ave, Corona Del Mar, CA, 885sf, $3,100,000
Vista Azul, San Clemente, CA, 4,500sf, $2,800,000
Cajon Terrace, Laguna Beach, CA, 3,105sf, $2,800,000
Seashore Dr., Newport Beach, CA,& 3,200sf, $2,600,000
Frampton Circle, Huntington Beach, CA, 4,099sf, $2,200,000
Edinburgh Lane, Glendale, CA, 4,471sf, $1,500,000
Pemberly, Irvine, CA 5,302sf, $2,850,000
Via Cancha, San Clemente, CA, 5,252sf, $2,400,000
Shoreline, Newport Beach, CA, 5,618sf, $6,050,000
Oceanfront, Newport Beach, CA, 2,203sf, $5,000,000
Bayfront, Newport Beach, CA, 2,550, $4,700,000
Beverly Grove Pl, Beverly Hills, CA, 5,831sf, $4,500,000
Balboa Blvd, Newport Beach, CA, 3,385sf/ $4,200,000
Starcatcher, Newport Beach, CA, $3,600,000
Tustin Ave, Newport Beach, CA, 5,450sf, $3,300,000
10th St, Manhattan Beach CA, 3,667sf, $1,700,000
Gleneagles Dr., Newport Beach, CA, 4,243sf, $3,200,000
Pacific Av, Sunset Beach CA, 3,762sf, $2,200,000
Winged Foot Lane, Newport Beach, CA, 3,053sf, $3,100,000
Saint Albans Rd, San Marino CA, 2,873sf, $1,450,000
15th St., Newport Beach, CA, 5,597sf, $2,950,000
35th St., Newport Beach, CA 2,355sf, $2,800,000
Carnation Ave, Corona Del Mar, CA, 885sf, $2,750,000
Arbolade Dr., Arcadia, CA, 5,854sf, $2,700,000
Riverside Ave, Newport Beach, CA 4,732sf, $2,700,000
Fairmount Ave, La Canada, CA, 4,057, $2,150,000
Fernhill Dr, Malibu, CA, 4,639sf, $4,992,000
Royal Saint George Rd, Newport Beach CA, 6,445sf, $4,400,000
Via Trieste, Newport Beach CA, 4,216sf, $3,800,000
Calvin Av, Tarzana CA, 4,709sf, $2,000,000
Beacon Bay, Newport Beach CA, 3,896sf, $3,800,000
Christy Ln, Los Alamitos CA, 5,206sf, $2,100,000
Hunting Horn Dr, Huntington Beach CA, 4,844sf, $1,550,000
Oceanfront, Newport Beach, CA, 4,276, $5,200,000
Oak Leaf Dr, Chatsworth CA, 5,078sf, $2,050,000
Solimar Beach Dr, 3,261sf, $4,100,000
Bayfront, Newport Beach, CA, 4,400sf, $4,700,000
South Peak, Laguna Niguel, CA, 6,688sf, $3,400,000
Vista Azul, San Clemente CA, 4,500sf, $2,800,000
Toyopa Dr, Pacific Palisades CA, 4,950sf, $4,400,000
Oceanfront, Newport Beach, CA, 2,732sf, $4,500,000
Emerald Bay, Laguna Beach, CA, 4,029sf, $4,900,000
Woodrow Wilson Dr, Los Angeles CA, 4,159sf, $2,050,000
Linda Isle, Newport Beach, CA, 3,199sf, $3,300,000
Heliotrope, Corona Del Mar CA 1,926sf, $1,900,000
Evening Star, Huntington Beach CA, 3,955sf, $1,800,000
Maple Av, Westminster CA, 79,628sf vacant lot, $1,600,000
Emerald Bay, Laguna Beach CA, 6,000sf, $5,500,000
Havenhurst Av, Encino CA, 7,299sf, $2,500,000
Mirkwood Run, Yorba Linda CA, 7,745sf, $2,300,000
Breakers Dr, Corona Del Mar CA, 6,725sf, $5,700,000
Georgina Av, Santa Monica CA, 3,331sf, $2,000,000
Linda Isle, Newport Beach CA, 6,500sf, $6,000,000
St. Ives Dr, Los Angeles CA, 6,770sf, $10,000,000
Via Lido Nord, Newport Beach CA, 2,907sf, $3,700,000
Ashdale Av, Los Angeles CA, Vacant Land, $2,900,000
Baja St, Laguna Beach, CA 3,293sf, $2,500,000
Bay Av, Newport Beach CA, 6,044sf, $10,100,000
Pelican Crest, Newport Coast CA, 13,446sf, $18,000
Bay Front, Balboa Island Newport Beach, CA 2,639sf, $4,100,000
Ocean Bl, Newport Beach CA, Vacant Land, $7,800,000
Tide Watch, Newport Coast CA, 6,500sf, $10,500,000
Harbor Island Dr, Newport Beach CA, 4,899, $8,700,000
Zumirez Dr, Malibu CA, 3,989sf, $6,300,000
Galaxy Dr, Newport Beach CA, 5,792sf, $5,000,000
Ocean Bl, Newport Beach CA, 3,293sf, $4,500,000
Via Lido Soud, Newport Beach CA, 5,037sf, $10,500,000
Cambria Dr, Corona Del Mar CA, 3,550sf, $3,200,000
Atlanta Av, Huntington Beach CA, 5,929sf, $2,500,000
CONTINUING EDUCATION
REAL ESTATE APPRAISAL/Mt.Sac/1974
LEGAL ASPECTS OF REAL ESTATE/ Mt.Sac/1974
REAL ESTATE PRACTICE/ Mt.Sac/1974
REAL ESTATE FINANCE/ Mt.Sac/1974
REAL ESTATE ECONOMICS/ Mt.Sac/1975
PROFESSIONAL REAL ESTATE MANAGEMENT/Red Carpet RE/1976
PROFESSIONAL COMMUNICATION SKILLS/Red Carpet RE/1977
REAL ESTATE EXCHANGE AND TAXATION/American Schools/1980
COMPOUND INTEREST AND COMPOUND RATE/American Schools/1984
DEPRECIATION, AMORTIZATION AND APPRECIATION/American Schools/1984
REAL ESTATE INVESTMENTS AND THEIR TAX EFFECTS/Am. Schools/1984
SYNDICATION/American Schools/1984
FORECLOSURE WORKSHOP/Duane Gomer Seminars/1985
HUGHES/BOLIS TAPE SERIES ON THE FNMA FORM/1986
SREA CLASS 101/SREA/1986
SREA CLASS 102/SREA/1987
UNIFORM APPRAISAL GUIDELINES WORKSHOP/Boston Co/1987
FNMA GUIDELINES/L. Goldstein, FNMA/1988
APPRAISING RESIDENTIAL R.E. /C.A.R tape series/1989
THE VALUATION OF REAL ESTATE 102/American Schools/1989
PROFESSIONAL PRACTICE SEMINAR/SREA/1989
ANATOMY OF RESIDENTIAL HOUSING/SREA/1990
PROPERTY & APPRAISAL ANALYSIS SEMINAR, 2-4 UNITS/FNMA/1990
STANDARDS OF PROFESSIONAL PRACTICE, PART A/Appr. Inst/1991
TEACHERS WORKSHOP/Ca. Assc.of REALTORS/1991
SMALL RES. INCOME SEMINAR/Appr. Inst/1993
EXPERIENCE CREDITS APPROVED FOR SRA DESIGNATION/Appr. Inst. /1993
ADVANCED DEMO. REPORT WRITING SEMINAR/Appr. Inst. /1993
PASSED DEMONSTRATION APPRAISAL REPORT/Appr. Inst. /7-94
SUBMITTED FOR SRA MEMBERSHIP/Appr. Inst. /7-94
SRA DESIGNATION/Appr. Inst. /11-94
FAIR LENDING/Appr. Inst. /9-95
STANDARDS OF PROFESSIONAL PRACTICE, A&B/Appr. Inst. /10-95
FED. & STATE LAWS & REGULATIONS/ValueIT/12-95
ENVIRONMENTAL ISSUES/Anthony Schools/9-96
RESIDENTIAL DESIGN & FUNCTIONAL UTILITY/Appr .Inst./10-98
SOUTHERN CALIFORNIA MARKET TRENDS SEMINAR/Appr. Inst. /1-99
STANDARDS OF PROF. PRACTICE, PART C/Appr. Inst/4/99
FHA AND THE APPRAISAL PROCESS/Appr. Inst. /7-99
DATA CONFIRMATION & VERIFICATION/Appr. Inst. /10-99
COST APPROACH/Acheson Appraisal Classes/1-00
INTERNET SEARCH STRATEGIES FOR APPRAISERS/Appr. Inst. /1-00
APPRAISING FROM BLUEPRINTS & SPECIFICATIONS/Appr. Inst. /1-00
MEET THE REGULATORS/Appr. Inst. /2-00
CONSUMER PROTECTION/First Tuesday/8-00
FNMA STREAMLINED APPRAISAL PROCEDURE/Appr. Inst. /10-00
SERVING THE CLIENT/Appr. Inst. /10-00
USPAP UPDATE SEMINAR/Appr. Inst. /12-00
APPRAISAL REPORTING TECHNOLOGY/Appr. Inst. /6-01
XMLS FOR APPRAISERS/Appr. Inst. /1-02
USPAP UPDATE SEMINAR/Appr. Inst. /5-03
CONSTRUCTION ISSUES FOR APPRAISERS/McKissock, Inc/3-04
USPAP UPDATE SEMINAR/Appr. Inst. /3-04
REAL ESTATE TAX ASPECTS/First Tuesday/9-04
MLS FOR APPRAISERS/Appr. Inst. /4-05
THE NEW URAR FORM/Appr. Inst. /7-05
Appraising Manufactured Housing/Appr. Inst./10/05
USPAP/Appr. Inst./12/05
Income Capitalization/Appr. Inst./11/07
Appraising for Secondary Market/Appr. Inst./11/07
Appraisal Trends/Appr. Inst./11/07
Appraising FHA/Appr. Inst./11/07
Fair Housing/45HoursOnline.com/8/08
Risk Management/45HourOnline.com/8/08
Defensive Real Estate/45HourOnline.com/8/08
Mortgage Encyclopedia/45HourOnline.com/8/08
REO Appraisal/Appr. Inst./9/08
Adv. Residential Applications/Appr. Inst./9/08
USPAP/Appr. Inst./10/08
Introduction to Expert Witness Testimony/Appr. Inst./10/08
Business Practices & Ethics/Appr. Inst./11/09
HVCC Update/Appr. Inst./3/10
USPAP/Appr. Inst./3/10
Loss Prevention/Liability Ins./10/10
Appraising in a post-HVCC world/Appr.Inst./3/11
Economic Trends in CA real estate/First Tuesday/9/12
Fair Housing/First Tuesday/9/12
Risk Management/First Tuesday/9/12
Mr Leeper continues his educational requirements for the Bureau of Real Estate Appraisers, The Appraisal Institute and the California Department of Real Estate.
REFERENCES
- On request
MARKET AND COST DATA SOURCES
- MLS-on line
- Realist
- Fastweb/1st American
- Local Builders
The appraiser has an on going communicative relationship with the below named construction companies. Both are involved with construction of custom residences, small tracts and addition/remodels. Their primary business focus is L.A., Orange, Riverside and San Bernardino Counties.
- Cornerstone Construction Inc., Glendora, CA
- Gary Jackson Construction, Costa Mesa, CA
- Craig Fisher/RDM, Costa Mesa
- Rick Henrickson/Coast Construction, Newport Beach
Click for Unsolicited Testimonials
Direct correspondence to: Chas W. Leeper, SRA,949-574-5534, This email address is being protected from spambots. You need JavaScript enabled to view it.