N4692Z Appraisal

N4962Z Online Appraisal Report

1967 BELL UH-1E

Engine -LYCOMING T53-L11D

Click here for more pictures.

The aircraft is based at Beaver County Airport (KBVI) in Beaver Falls, Pennsylvania.  The aircraft is certified in the restricted category and is set up for agriculture, forestry, patrolling, surveying, and sling work.  The aircraft has approved 337s for spray gear.

The last annual was completed in September 2012

Time Life Limited Systems Status:  Below are some of the life limited parts/components with the hours on those components.

Main Rotor Blades 176 and 324 hours on each

Main Rotor Head 898 hours

Main Servos 297 hours

Swash Plate Assembly 0 hours since new

Tail Rotor Blades 737 hours

Tail Rotor Gear Box 61 hours

Tail Rotor Yoke 1071 hours

Transmission 841 hours

The aircraft is in average condition for an aircraft that is used in the forestry, and surveying industry.  The interior is utility configured. It has a basic utility military interior with lightweight pilot and co-pilot seats. No other interior is installed.

Additional Equipment:

Simplex Spray System – Current estimated value $50,000 Cargo Hook – Current estimated value $3,000 Ground handling wheels – Current estimated value $1,500

This appraisal on N4692Z a Bell UH-1E was completed March 29 2013.  The appraisal was based on information provided to the appraiser by Mark Klokkenga.

Additional and/or optional equipment that add to the aircraft value are listed below with estimated current market values.  This also includes spare parts that are included with the aircraft.

Spray gear system $50,000

Main rotor blade $140,775

Main rotor blade $167,624

Tail rotor blade $4,986

Tail rotor blade $4,986

Tail rotor grip $6,069

Tail rotor grip $6,308

Swashplate/Support $49,006

Cargo hook $500

2 Mil Set ground wheels $1,500

Flymall.org Market Watch – See below for applicable models

205 A-1

204 B

UH-1E

UH-1B

UH-1H

Click here for all Bell aircraft.  This will allow you to view the 205 A-1, 204 B, UH-1E, UH-1B, and the UH-1H at the same time.

The information herein has been prepared from many sources and believed to be correct. The appraiser cannot warrant the accuracy of the source material.  The appraiser referenced numerous websites for data and information to compute a fair market value on 4692Z.  At the time of the appraisal there were no comparables listed on the many “aircraft for sale” websites.  All aircraft information provided to the appraiser was presumed to be authentic and accurate.

The appraiser hereby certifies that he has no personal interest in this aircraft identified in this appraisal or any bias toward any of the parties who may be involved in the resulting transaction coincident to this report. The appraiser fee is not contingent upon a predetermined value being reported or a percentage of the value being reported.

The fair market value for 4692Z is based on the research stated in this report and historical sales data versus appraisal values. The appraiser used several similar aircraft listed for sale as a reference.  The appraiser used the current asking price of those aircraft and calculated an estimated actual sale or purchase price based on the current market status.  In addition the appraiser used a documented trade in value given to N4692Z in August 2011.

It is the opinion of this appraiser that the fair market value of the above aircraft is:

$383,333.00 USD

 

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