2010.143 furia 1947 monk 52 - lucky collector car … · blue water marine surveys page 1 of 18...

Blue Water Marine Surveys of 18 2415 132ND AVE SE, Bellevue, WA 98005 (206) 932-2415

1947 / Monk 52 Flush Deck Motor Yacht

HAIDA

Condition and Valuation Appraisal Survey


Report of Marine Survey

Of The Vessel

HAIDA

Conducted by: William D. Evans, AMS®430

Marine Surveyor

Prepared exclusively for:

Mr. Ed Furia

July 21, 2010


July 21, 2010 Mr. Ed Furia 8586 Hunts Point Ln Bellevue, WA 98004 Dear Mr. Ed Furia, In accordance with your request for a marine survey of the 1947 / Monk 52 Flush Deck Motor Yacht (HIN ON 251944) for the purpose of evaluating its present condition and estimating its Fair Market Value and Replacement Cost, I herewith submit my report. The subject vessel was personally inspected by the undersigned on July 6, 2010 and July 16, 2010 and was found to be a well constructed and appointed vessel. The vessel is apparently well kept and can be considered to be suitable for its suggested intended use of Pacific Northwest and Adjacent Waters. In the conduct of this survey, all parts of the vessel accessible without removal of bulkheads, decks, etc., were carefully examined. Every effort was made to determine the vessel's condition and fair market value compared to similar vessels. As a result of my investigation and by virtue of my experience my opinion is: OVERALL VESSEL CONDITION: ABOVE AVERAGE FAIR MARKET VALUE: $150,000 ESTIMATED REPLACEMENT COST: $950,000 Respectfully submitted without prejudice.

William D. Evans, AMS®430 Accredited Marine Surveyor Member Society of Accredited Marine Surveyors, SAMS® Member American Boat and Yacht Council, ABYC®


NOTICE TO THE SURVEY PURCHASER

The boat industry has experienced a greater decline than that of housing and the stock market. This is due to several factors but primarily that boat sales and values are driven by personal disposable income available to the buyers. Current sales are scarce with many more boats available throughout the country than there are “bargain hunters”. Since the slumping economy has shown a reduction in the number of pleasure boats being used, bought and sold throughout the country there is a decrease in demand and the value for this vessel. Valuations are based on the vessel apparent condition at the time of survey and assumes that the vessel’s engines and other installed equipment not proven during the survey inspection are in fact operational. Discoveries made as a consequence of recommended additional testing and inspection procedures may alter the valuation. Valuations are developed using some or all of the following resources: commercially published used boat price guides, BUC, NADA, YachtWorld, Sold Boats, etc., commonly accepted marine depreciation schedules, various invoice copies, and consultations with knowledgeable yacht brokers.

This report is issued without prejudice solely for the use of the below signed purchaser. It is based on the professional opinion of the individual marine surveyor. This survey report is issued subject to the condition that neither the surveyor, nor his employing firm are to be held liable for errors of any kind. This includes any omission, negligence, inaccuracy, misrepresentation or misstatement in this report, or in his performance as a marine surveyor. This report is only a statement of opinion, and is neither a guarantee nor a warranty of the condition of the vessel, its hull, machinery, unforeseen or undetected damages or other conditions that may exist. The use of this report for any purpose shall indicate the purchaser's acceptance of the above conditions.

OFFERED: William D. Evans, AMS®430 Accredited Marine Surveyor ACCEPTED: _______________________________ Mr. Ed Furia WITNESS: ________________________________ DATE: ________________________________


INTRODUCTION

Acting at the request of Martha Comfort on behalf of Ed Furia the surveyor did attend onboard the motor vessel, HAIDA, on July 6, and July 16, 2010 at Canal Boat Yard and Allison Street Moorage, Seattle, WA. The Ship's Papers were available. A sea trial was not performed. The reason for the survey is to ascertain the physical condition and value of the vessel to be listed for sale. The vessel was surveyed both in and out of the water. A representative number of fasteners were pulled from below waterline planking, evaluated and replaced. The engines were operated underway en-route to and from the haul out location with Kevin Dolan of Hagar Marine piloting the vessel. Martha Comfort and Ed Furia were present for the haul out inspection portion of the survey. No reference or information should be construed to indicate any of the following: 1. Evaluation of the internal condition of the engines and the propulsion system's operating capacity. 2. Electronic compliance with the manufacturer's published specifications. This vessel was surveyed without removal of any parts, including fittings, tacked carpet, screwed or nailed boards, anchors and chain, fixed partitions, instruments, clothing, spare parts and miscellaneous materials in the bilge and lockers, or other fixed or semi-fixed items. Locked compartments or otherwise inaccessible areas would also preclude inspection. Buyer/owner is advised to open up all such areas for further inspection. Further, no determination of stability characteristics or inherent structural integrity has been made and no opinion is expressed with respect thereto. This survey report represents the condition of the vessel on the above date and is the unbiased opinion of the undersigned but it is not to be considered an inventory or a warranty either specified or implied. THE MANDATORY STANDARDS PROMULGATED BY THE UNITED S TATES COAST GUARD (USCG), UNDER THE AUTHORITY OF THE FEDE RAL BOAT SAFETY ACT (CFR), AND THE STANDARDS AND PRACTICES DEVELOPED BY THE AMERICAN BOAT AND YACHT COUNCIL (ABYC) AND THE NATIONAL FIRE PROTECTION ASSOCIATION (NFPA) HAVE BEEN USED A S GUIDELINES IN THE CONDUCT OF THIS SURVEY. FINDINGS REFLECT CONDITIONS OBSERVED AT THE TIME OF SURVEY.

********** The American Boat and Yacht Council “Standards and Recommendations”, are defined by reference to - “ABYC”. These standards were developed in cooperative effort with the National Marine Manufactures Association, to complement, the mandatory standards promulgated by the United States Coast Guard under the authority of the Federal Boat Safety Act of 1971. The ABYC Standards and Recommendations are considered to be voluntary, but are highly suggested by this surveyor.

**********


GENERAL INFORMATION

TYPE OF SURVEY................................... Condition and Valuation Appraisal Survey

**** VESSEL NAME ..................................................................................................HAIDA

YEAR/MAKE/MODEL OF VESSEL ...... 1947 / Monk 52 Flush Deck Motor Yacht

HULL IDENTIFICATION NUMBER ..................................................... (ON 251944)

** USCG DOCUMENTATION NUMBER ............................................................ 251944

**** HAILING PORT.................................................................................. Hunts Point, WA

STATE REGISTRATION NUMBER ...................................................... WN 3191 JR

OWNER'S NAME ......................................................................................Mr. Ed Furia

OWNER'S ADDRESS ............................. 8586 Hunts Point Ln, Bellevue, WA 98004

SURVEYED AT .............. Canal Boat Yard and Allison Street Moorage, Seattle, WA

DATE OF SURVEY ....................................................... July 6, 2010 and July 16, 2010

** BUILDER ...........................................................Fisherman’s Boat Shop, Everett, WA

HULL MATERIAL .................... Yellow cedar carvel plank on oak frames (reported)

SUPERSTRUCTURE MATERIAL............................ Honduras Mahogany (reported)

HULL TYPE .................................................................................... Semi-Displacement

** LENGTH ................................................................................................................. 52.6’

** BREADTH .............................................................................................................. 14.0’

** DEPTH ...................................................................................................................... 5.4’

** TONS ................................................................................................... Gross 36 / Net 25

* DISPLACEMENT ....................................................................................... (not known)

ENGINES ............................................... Twin, gasoline, FWC, V-8, Chrysler “Hemi”

ENGINE MODEL: 45L502 / 45L504 ...........................ENGINE HOURS: not known

ENGINE SERIAL NO.(port / starboard) ................................................ 61773 / 61581

MARINE GEARS ......................................................... (information label not sighted)

* TANKAGE: Fuel: ......................................................................... 425 Gal. (reported)

Water: ...................................................................... 250 Gal. (reported)

Waste: ...................................................................... SAN-X Type I MSD

FUEL ................................................................................................................. Gasoline

INTENDED CRUISING AREA ................... Pacific Northwest and Adjacent Waters

(Asterisks denote source of information):

* Per Manufacture's Specification as stated by owner

** Per USCG Documentation

*** Per State Registration

**** Observed on Hull


General Vessel Description: Twin gasoline engine flush deck cruiser Layout: A chain locker is forward followed by a head. Next aft is a stateroom with

two single bunks, steps lead to the helm station to port followed by the salon with

sofa seating and entry doors port and starboard. Steps lead down to the galley and

dining area with head and shower to starboard. Next aft is a second stateroom with

berths port and starboard. A door leads aft to the cockpit with canvas enclosure.

EQUIPMENT OBSERVED ONBOARD Equipment listed powered up and appears operational unless noted otherwise

Electronics/Navigation:

Compass: Kelvin-White wet type magnetic

VHF Radio: SBE Sea Command and Sailor TR144AC

Hailer: Raytheon RAY410

Loran: Trimble Nav Graphic II Loran

Radar: Decca-060, and Autohelm-Radar

Radar Alarm: RDI Radar Watch MK1

Wind Speed-Wind Point: Swoffer

Knotmeter: Swoffer

Video Sounder: EchoTec CV550

Fathometer: Raytheon 706 (did not power up)

Barometer and Clock: Boston


Cabin/Galley:

Galley Stove: Olympic diesel fired stove

Galley Range: Portable 2-burner butane Cassette Feu W1700

Galley Refrigeration: Custom 12 VDC cold plate type

Microwave: Panasonic 1000 watt

Heat: Portable electric space heaters on board

Trash Compactor: Broan

Stereo: Sony WX-C570

Systems:

Potable Water Pump: Groco 12 VDC pump

Water Heater: Torrid MV17 AC electric and engine heat

Head / Sanitation: (2) Vacuflush heads, SanX Type I MSD

Batteries: (2) Group 24-12VDC, (6) Trojan T105 six vo

Battery Charger: Statpower TrueCharge 20+, 20 ampere

Electrical Systems:

AC: Updated 110VAC system with marine panel,

two-pole breaker, reverse polarity indicator,

branch breakers, 30 ampere shore power inlets

port and starboard

DC: Updated 12 VDC system, panel with breakers,

Leece Neville 105 ampere marine alternators on

each engine

AC-DC Inverter: Magnum Energy ME2512, 2500 watt

inverter/charger

Generator: Onan 3.0KW, 509 hours indicated

Fuel System: Main tanks port and starboard aft of engine

compartment (enclosed, not visible), Tank

Tender, FloScan fuel monitoring


Steering: Wheel, sprocket and chain to cable and quadrant

Auto Pilot: Robertson AP200DL

Hull and Underwater Gear: Underwater machinery (propellers, shafts, struts,

bearings) were tested by visual examination and manually turning propeller shafts.

Propellers: Two, NiBral, 26 x 24, 5 blade

Spare Propellers: Two located in lazarette

Struts: Bronze skeg/strut arrangement

Cutlass Bearings: Adequate condition (port minor play)

Propeller Shaft: 1-3/4 inch diameter stainless steel

Rudder: Two, bronze

Hull Condition: Good condition, fresh anti-fouling, planks tight

and fair

Zinc: Good condition

Thru-Hulls: Bronze, good condition

Sea cocks/Strainers: Bronze-bronze tapered plug type sea cocks,

engine and generator raw water strainers

Ground Tackle:

Anchor: Danforth type

Chain and Rope: Chain, unknown length

Windlass: 12 VDC

Fenders: Four observed

Mooring Lines: Four observed

Boat Pole: One observed

Tender:

Dinghy: Boston Whaler

HIN: (not observed)

Outboard Motor: Johnson

Serial Number: (not observed)

Dinghy Davit: Boom davit with 12 VDC winch


Safety:

PFD’s: Yes

Throwable Device: Ring, Type IV

Flare Kits: Expired

Fire Extinguishers: Multiple ABC-I and BC-I,

inspection tags not current

Engine Room Fire Suppression: CO2 system, inspection tags not current

Sound Devices: Bell, power air horn

Navigation Lights: Operational

Oil Placard: Posted

Plastic Trash Placard: Posted

Bilge Pumps: Rule 1500 automatic, Rule 500 automatic,

PAR type 12 VDC, and manual piston type

Gas Vapor Sniffer/Alarm: Yes, operational on self-test

Engine Room Blower: Yes, operational

Flame Arrestors: On each engine intake

Search Light: Yes


FINDINGS AND RECOMMENDATIONS

DEFICIENCIES NOTED UNDER "SAFETY" SHOULD BE ADDRESSED BEFORE THE

VESSEL IS NEXT UNDERWAY. THESE FINDINGS RELATE TO THE VESSEL'S SAFE

AND PROPER OPERATION CONDITION. FINDINGS MAY ALSO INDICATE A

VIOLATION OF USCG REGULATIONS.

DEFICIENCIES NOTED UNDER "IMMEDIATE ATTENTION" SHOULD BE

CORRECTED IN THE NEAR FUTURE.

"OTHER DEFICIENCES, NOTES AND COMMENTS" IF ANY, IS AN AREA WHERE

THE SURVEYOR MAY MAKE ADDITIONAL COMMENT REGARDING THE VESSEL

AND ITS SYSTEMS.

A. SAFETY DEFICIENCIES

1. Found the fire extinguishers inspections are not current. Inspect and tag fire

extinguishers annually per ABYC, USCG.

2. Found the engine room fire suppression system (CO2) inspection is not current. Inspect and tag fire suppression systems annually per ABYC, USCG.

3. Found the visual distress signals to be out of date. Supply at least three in-date

day/night signals per USCG.

B. DEFICIENCIES NEEDING IMMEDIATE ATTENTION

4. One engine apparently “flooded” and quit each time vessel was operated to and from

boat yard per operator Kevin Dolan. Recommend have a qualified engine mechanic evaluate and tune up engines as needed.

5. Various sea cocks are stuck or stiff in operation. Work free, service as needed.


C. OTHER DEFICIENCIES, NOTES AND COMMENTS

6. A representative number of fasteners (nine) were pulled from below waterline

planking, evaluated and replaced. The fasteners appear to be flat head silicon-bronze screws (6 Phillips head, 2 slotted head, 1 square drive head). Of the nine fasteners seven were found in very good condition and two had indications of moderate corrosion. Noted.

7. Integrity testing of vessel decks, topsides and superstructures were performed by

visual examination and by percussion sounding with a 4 oz. ball peen hammer. Noted.

8. Superstructure bright work varnish is lifting in some areas with evidence of old (past)

moisture intrusion and some open joints apparent. Refinish, recondition bright work as desired for cosmetic reasons.

9. Painted cabin tops finishes have indications of local repairs and refinishing, some filler

and unfair surfaces noted. Recondition as desired for cosmetic reasons.

10. Found various minor cosmetic blemishes on the vessel interior and exterior, topsides, hull sides, decks, superstructure, fasteners and hardware consistent with normal wear and tear. It is not customary nor within the scope of this survey to list these. Buyer is advised to personally inspect the vessel prior to acceptance.

11. The vessel has reportedly been kept “under cover” most or all its life and is currently

moored under covered moorage at Allison Street.

End of Comments

Photographs follow


PHOTOGRAPHS


Coast Guard Vessel Documentation Data found in current database.

Vessel Name: HAIDA USCG Doc. No.:251944

Vessel Service: RECREATIONAL IMO Number:*

Trade Indicator: Recreational, Registry Call Sign:WA5594

Hull Material: WOOD Hull Number:*

Ship Builder:FISHERMEN'S BOAT SHIP

Year Built:1947

Length (ft.):52.6

Hailing Port: BELLVUE WA Hull Depth (ft.):5.4

Owner:EDWARD W FURIA 8586 HUNTS PT LANE BELLEVUE, WA 98004

Hull Breadth (ft.):14

Gross Tonnage:36

Net Tonnage:25

Documentation Issuance Date:

December 11, 2009 Documentation

Expiration Date:January 31, 2011

Previous Vessel Names:

No Vessel Name Changes

Previous Vessel Owners:

No Vessel Owner Changes

2010.143 furia 1947 monk 52 - lucky collector car … · blue water marine surveys page 1 of 18...

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