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 Beac

Click for Unsolicited Testimonials
Direct correspondence to: Chas W. Leeper, SRA,949-574-5534, [email protected]

Southern California