|Client: Removed for Privacy||Date of Report: March 15, 2021|
|Location: Removed for Privacy||Our file #: 21 – 20012|
|Builder: Parker||Doc. #: Removed for privacy|
|Model/type: 2520 / cuddy cabin||Engine/MFG: Two Yamaha|
|Year: 2000||H.P. per: 150|
|Length: 30′ (w/o engines)||Serial numbers: Port – 64P X 1024476 Starboard – 63P x 1237598|
|Draft: 1′ 4″||Type of instal: Gasoline, four-stroke, outboard|
|Beam: 9′ 6″||Generator: None|
|Name: Removed for privacy||Hailing port: San Diego, CA|
|HIN – Removed for privacy|
HULL & STRUCTURE
|The vessel was inspected while trailered. Hull construction material is molded fiberglass. The vessel’s name is not displayed. Deck is constructed of molded fiberglass and above deck structures are constructed of molded fiberglass. Coring is unknown. Bulkheads are constructed of unknown material. Overall condition of the hull structure appears good. The vessel’s weight is unknown. Exterior rails and hardware appear satisfactory. Cosmetic condition of vessel appears good externally and internally. Vessel’s external colors are white gelcoat with black and gold vinyl accent stripes and black and gold vinyl stripes on the superstructure. Below waterline through hull fittings appear satisfactory. The vessel is equipped with one Rule 2000 and one Rule 360 electric / automatic bilge pump that appear satisfactory and the bilge is holding minimal water. The ventilation system consists of natural ventilation and appears excellent. General housekeeping appears satisfactory. The documentation number is not displayed.|
Summary: Satisfactory – Good
|Engines’ external surfaces appear good and exhibit no rust, oil or coolant leaks. The cowlings were not removed. Engine hour meters were not energized. Motor mounts appear satisfactory – good. Cooling systems appear satisfactory. Fuel systems and components appear satisfactory. Exhaust systems and components appear satisfactory. Electrical systems and components appear satisfactory. Engine control system appears satisfactory. Steering control system appears satisfactory. Propulsion components were not present. The propellers are not installed on the lower units. Waste system and components appear satisfactory – good. General service seawater systems appear satisfactory.|
Summary: Satisfactory – Good
|There is 200 gallon capacity in one aluminum 5052 (H32) tank located on centerline below the cockpit. Fuel tank surfaces, where visible, appear satisfactory, and the securing mechanism appears good. The fuel fill, vent, feed lines and components appear satisfactory. The fuel hoses connected to the fuel filters look rough, no dates were seen on the fuel fill, vent or feed hoses (the hoses connected to the bulb pumps are dated 2018). Fuel fill to tank bonding appears satisfactory. Fuel shut off valves were not seen.|
|The AC shore inlet appears satisfactory – marginal. There is heat damage on the shore power inlet. The shore power inlet is only connected to the battery charger. The AC connection is not protected with fuses or a circuit breaker. Battery arrangement appears satisfactory. The batteries are equipped with disconnect switches. The vessel had no DC power during the survey. DC wiring appears satisfactory. Circuit protection for the DC branch system appears satisfactory. Wire terminations and connections appear satisfactory. Wire organization and arrangement appears satisfactory. There is an unknown wire that has been cut in the lazarette. There is an unlabeled switch/circuit breaker in the starboard transom locker.|
SAFETY AND LIFE SAVING
|Vessel has two type B:C size I (2013, 2014) portable fire extinguishers. Vessel has no fixed fire suppression system. The safety components include: four adult type II PFDs and no throwable PFDs; no distress flares; marginal first aid kit; 10 kg claw anchor with chain and line rode that appears satisfactory. Navigational and anchor lights appear satisfactory. The vessel includes no CO alarms. Other safety equipment includes: EPIRB with hydrostatic release (no registration, battery expired 02/2020 and no date on hydrostatic release).|
|The vessel was inspected at its temporary storage location. Boarding hazards appear insignificant. All entry points were reportedly kept locked.|
|Swim step, boarding ladder, trim tabs, rod holders, cockpit floodlights, bait tank, outriggers, shore power inlet, transom live well, Shurflo raw water washdown pump, Jabsco model 50840-0012 bait pump, transom shower, raw water washdown, cockpit courtesy lights, West Marine speakers, StatPower True Charge battery charger, 10 gallon capacity plastic freshwater tank, plastic waste tank, Jensen stereo remote, Furuno radar antenna, adjustable helm chair, Simrad AP-11 autopilot, Ritchie compass, windshield wiper, Simrad multi-function device, Furuno radar, engine instrumentation includes two Yamaha digital instruments, Yamaha fuel level gauge, Yamaha fuel|
|The vessel is a molded fiberglass cuddy cabin equipped with two gasoline outboard engines. The vessel was built in Beaufort, NC. XXXX reported purchasing the vessel three months ago and they recently sold it to the client. They reported the engines are brand new 2021. They reported a new coat of paint will be applied and the propellers will be installed prior to launching the vessel. The vessel had no power during the inspection. The vessel was inspected while trailered. The engines were not test operated and no sea trial was performed. The vessel is basically structurally sound and upon completion of the recommendations the vessel should be suitable for its intended purpose as a coastal cruising vessel.|
Overall Summary: Satisfactory – Good
Standard form key: We use subsection and overall ratings to summarize conditions found, based upon their appearance. Ratings include: Not examined, Not applicable, Faulty, Marginal, Satisfactory, Good, Excellent.
ACTUAL CASH VALUE
NEW REPLACEMENT VALUE
|Removed for privacy|
The actual cash value is the value that our research approximates the selling price of this vessel should be, at the time and place of our inspection. Consideration is given to vessel’s condition, geographic location, published listings and guides, comparable sales and listings, and market conditions. The new replacement value is the cost of this or a similar, new vessel, comparably equipped. The investment is the reported investment including purchase price and significant upgrades. No values include maintenance costs, storage or tax. The most relevant data found while researching the value is included below. We primarily use market value analysis methodology for determination of value.
Explanation of value opinion: The average historical sale price of similar vessels on Soldboats.com is $37,200 and the average current listing price of similar vessels on Yachtworld.com is $57,175. The vessel has been repowered with new engines. The comparable vessels have older engines, lowering their value. The Parker 2510 that sold in Sarasota, FL was repowered with new engines in 2018. The Parker 2510 listed in Ft. Lauderdale has been repowered with larger engines. All comparable vessels are on the East Coast of the United States. The vessel’s condition and location have been factored into our valuation.
This survey is for the express purpose of entering a marina. It is not meant as a buyer’s survey.
|These recommendations are the surveyor’s ideas and suggestions for addressing deficiencies with damaged or suspect components or systems found during survey or general improvements. The primary recommendations address safety items, structural issues, operational issues or deficiencies which the surveyor determines are of greater importance or more expense than secondary deficiencies. For instance, items that pose a risk to passenger safety or immediate property damage are listed under primary deficiencies and cosmetic concerns are addressed under secondary deficiencies. Most
of the recommendations have been addressed in the comments and usually they are discussed at the time of the inspection.
- Maintain the fire extinguishers per NFPA recommendations. Extinguishers should be inspected and tagged annually and inspected by a qualified technician or replaced every six
- Display the name on the vessel’s transom (or above the hailing port on the vessel’s cabin top) per federal regulations and assure the name and hailing port on the vessel match the
- Display the documentation number per federal
- The fuel hoses in the lazarette connected to the fuel filters and the fuel fill and vent hoses are rough and no dates were seen. The industry life expectancy “rule of thumb” for fuel hoses is 10 years. Assure the hoses are suitable for continued use or replace as necessary.
- There is heat damage on the shore power inlet (used only for the battery charger). Replace it.
- Provide all legally required carriage items including: at least one type IV throwable PFD, garbage and oil placards, a suitable sound signaling device and federally required, approved and current distress signal
- The EPIRB’s battery is expired and no registration was seen. Replace the battery and update the
- Provide a secondary anchor and rode for emergencies and two anchor
- The propellers were not installed on the engines; install the propellers prior to launching the vessel.
- Bring the current certificate of documentation aboard
1. A wire has been cut and is still present in the transom locker. We were unable to trace the wire out. Assure the wire is not energized or remove the wire to eliminate any liability.
2. There is an unknown switch / circuit breaker in the starboard transom locker. Determine the purpose of the switch and properly label it.
3. The vessel had no power during the survey. Charge the batteries and prove the DC system properly functional.
This survey sets forth the condition of the vessel and components, as specifically stated only, at the time of inspection and represents the surveyor’s honest and unbiased opinion. No part of the vessel was disassembled or removed and no assumptions should be made as to the condition of concealed components. Specifics were obtained from sources available at the time of inspection and are believed correct, but are not guaranteed to be accurate.
I/we certify that, to the best of my/our knowledge and belief:
The statements of fact contained in this report are true and correct. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my/our personal, unbiased professional analyses, opinions, and conclusions. I/we have no present or prospective interest in the vessel that is the subject of this report, and I/we have no personal interest or bias with respect to the parties involved. My/our compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. I/we have made a personal inspection of the vessel that is the subject of this report. This report should be considered as an entire document. No single section is meant to be used except as part of the whole. This report is submitted without prejudice and for the benefit of whom it may concern. This report does not constitute a warranty, either expressed, or implied, nor does it warrant the future condition of the vessel. It is a statement of the condition of the vessel at the time of survey only. The submitting of this report creates no liability on the part of Christian & Company or the individual surveyor. This survey report is not intended for use as a “buyer’s survey”.
Christian & Company, Marine Surveyors, Inc.
By: Mr. Kells Manthei, SAMS SA Date March 15, 2021