$56,000
Milford, Massachusetts
Category
-
Length
-
Posted Over 1 Month
Interior upgrade in 2007; 3 cabin arrangement and large U-shaped galley; private master cabin with centerline queen berth and private head; private v-berth with hanging locker and head; teak interior and cabin sole; louvered doors on lockers; clean and bright overhead; two showers and 3 hanging lockers; dressers for folded clothes storage. New Helm, 3 winches rebuilt, new exterior chainplate, all running rigging replaced, all teak stripped and refinished, new bilge pump, new hot water heater, new vhf and antennanew engine lift pump, water pump, raw water pump, belts and alternator. Many other new items, repairs and repalcements, recent hull survey completed in May 2012.Very safe and comfortable sailboat. Easily sleeps 5 and is legally registered to have charters for up to six persons. Gusto" Is an incredibly well founded safe and comfortable vessel. She has made trips from Boston to Central America and back several times. She is a full keel vessel that offers a high degree of stability and comfort in any seas The below is my last survey May 30, 2012 Yacht Survey and Condition Report At the request of Mr. Peter M Licnikas the undersigned surveyor conducted a condition and valuation survey of the yacht “GUST-O” a 1978 48 ft Mermaid Ketch sailboat as it lay on jack stands at Yankee Landing Marina Merrimac St, Newburyport, Ma 01951. Name: GUST-O Year: 1978 Builder: Pali Shiang Taipei Hsien, Taiwan Model: Mermaid 42 Ketch Documented: 624951 Hull ID: TAC420251278 Dimensions: LOA 48' LOD 42' Beam 12’2” Draft 6’3” Displacement: 14 net tons Type: Sail Intended Use: Pleasure Hull Graphics and Color: White hull, green bottom Estimated present Value: $71,200.00 Estimated replacement value $245.000.00 Scope of Survey: The purpose of this survey was to estimate the current market value and marine risk evaluation. The survey of this vessel is based solely on careful visual and non-destructive inspection of all accessible portions of its structure and available equipment. Complete inspection can only be made by removal of soles, decking, headliners, ceiling or hull lining, tanks, and joiner work. Complete inspection of machinery, auxiliaries, piping, tanks, systems, electrical wiring, electrical and electronic equipment can only be made by continued operation or by disassembly. This would be damaging in nature and prohibitively time consuming, and therefore was not done. This vessel was surveyed while in lay up at Yankee Landing Marina, Merrimac St. Newburyport, Ma 01951. I visually inspected all sections of the vessel and its equipment detailed in this report. General Description: This hull is a reinforced fiberglass molding hand laid up using alternate layers of mat and woven roven with polyester resin. It is stiffened with web floors, bulkheads and joinery flanges. The hull design incorporates a molded lead filled keel and rudder for ballast. The hull is heavily built and is rigged as a Ketch designed for sail with a 45’ main mast, and 25’ mizzen mast. Bottom: Underwater surfaces were smooth and fair with no signs of damage or recent groundings. The bottom paint was in fair condition. I sounded the entire hull with a phenolic hammer and found no voids, blisters or delamination. I also placed an Electro-physics moisture meter on the hull and found it to be in the acceptable dry range with readings of 15 and less. Through hull fittings were all bronze and appeared original and in good condition, however none were removed for inspection. I observed several through hull fittings that were plugged or partially blocked by barnacles and growth. I recommend the fittings be cored out. The keel is lead filled for ballast rated 9400lbs. The propeller shaft is a 1” in diameter stainless steel supported with a rubber stern bearing with an external housing, all in good condition. I placed a target on the shaft and rotated it. The shaft tracked true within visual tolerances. The rudder is supported at the top with a 1.5” bronze shaft. The shaft and bearings turned smoothly with no signs of wear. Boot top up was white epoxy paint. The paint was in overall good condition with only minor scuffs. I observed one deep scratch on the starboard side that I recommend be repaired to prevent moisture intrusion into the underlying fiberglass. Topsides: Topside teak wood has been removed and replaced with fiberglass with non skid. The topsides were in good condition solid with no signs of moisture or rot. Cabin ventilation is through four Lexan covered 24”X24” teak hatches and four brass 6” air scoops. The life rail was rubber coated stainless steel cable with stainless steel stanchions. All stanchions were well secured and solid. All cleats were stainless and wood in good condition well bedded and solid. The rub rail is teak in good condition. Tanks: The two fuel tanks were rectangle in shape located under the cabin sole. The tanks were aluminum and well secured with proper fill and vents and rated at a total of 88 gallons. Water tanks were rectangle in shape and located under the cockpit sole. The tanks were well secured and fitted with proper vents and fill. The tanks were rated at 110 gallons. Spars & Rigging: Masts and booms are constructed of wood and appeared straight and in good condition. Both masts were rigged with no stretch stainless steel cable and turnbuckles. All rigging was in good condition well secured to the hull and properly tightened. The masts were in need of new paint. Hull Interior: Below decks I removed loose floorboards, opened lockers, and removed drawers for the best inspection of the hull interior and bilge area. I found all bulkheads to be secure with no signs of stress or damage, and the bilges to be in need of a minor cleaning. The interior was finished in custom teak in good condition, and consisted of a V berth forward with full head and shower. To the rear was a salon area consisting of a bench seat on the starboard side and a dinette on the port side. To the rear of the dinette was a galley consisting of a 4 burner natural gas stove with oven, ice box, and double stainless steel sink. The starboard side contained a large chart table with electrical panel. To the rear was a second full head on the starboard side and large master stateroom with queen size bunk. Bilges where sited were generally clean. Bilge pumping was with one super gulper manual pump in the galley. Along with a 12v rule 1500 main pump, and a rule 1000 backup. Steering on board is a pedestal center post with a 3’6” wheel turning a Sea Star hydraulic system rated at 1000 psi. Electrical: The vessels electrical supply is both 120ac powered by a shore power cord only, and 12v. The shore power only powers several outlets. All AC outlets were GFI protected except the outlet near the chart table. I recommend that outlet be changed to a GFI outlet in accordance with ABYC recommended practices. The 12v system not powered up at this time. The 12v wiring was well run, secured, and appropriately sized with a breaker panel and battery selector switch mounted above the chart table in accordance with ABYC recommended practices. The 12 v system was powered with three 800 amp combination starting/house batteries and one 1200 amp and 1000 amp dedicated house batteries. All batteries were in acid proof boxes and well secured located under the aft bunk. Fire Protection: Fire extinguishers consisted of four BC size I. Propulsion Machinery: The yacht power is from a 1978 Perkins 4108 diesel rated at 80 hp. The engine has a 60 amp alternator for charging the starting and house batteries. Engine compartment ventilation was through two 3” intake and exhaust. Engine mounts bolt to steel I beam beds with no apparent signs of movement. Fuel lines are copper hose in good condition. Engine seawater intake is through a bronze ball valve with sea strainer. Engine exhaust is direct to the transom through rubber hose. Fuel filtering is with a Racor filter/water separator in good working order. Lube oil was clean and filled to the proper level. Engine was not running at this time due to winter layup. Engine controls were mounted in the rear cockpit with a single throttle/shift lever with push pull cables. The cables functioned smoothly and were in good working order. THERE IS NO WARRANTY GIVEN OR IMPLIED FOR THE FUTURE USE OR LIFE OF THE ENGINE DESCRIBED HEREIN. Ground Tackle: Ground tackle on board consists of a 40 lb plow type anchor with a good lead of chain and of 5/8” nylon anchor rode. Sail Inventory: 1 mizzen sail 1 mainsail 1 130 jenoa Electronic & Navigation Equipment: Garmin 3210 Plotter/sonar/weather Standard Horizon digital depth sounder Cobra Marine VHF radio Sony Am/Fm/Cassette stereo 1 Ritchie compass Safety Gear: 4 12 gauge Arial flares 8 Type I adult life vests 1 Type V throw ring 3 Type III adult life vests Horn/bell/whistle Conclusion: Overall this vessel appeared very well maintained and in good condition for its age and class. As seen, this vessel would be a considered a suitable marine risk for its intended use of inland, bay, and near costal operation provided all (*) recommendations are complied with, and all U.S. Coast Guard safety equipment is properly fitted. The estimated value was based on the average selling price of vessels of this size, type, construction, condition, and age, with all equipment and accessories observed aboard. This value is based on personal knowledge and experience with the present sales market, along with listings on the internet, references, resources, and publications available to this surveyor, and is represented as our best opinion with available information. This survey has been prepared and submitted in good faith. It is understood and agreed that the services rendered by Capt. Craig Poirier Master marine surveyor as the attending surveyor, were performed to the best of our ability. Any reports furnished either oral or in writing, are accepted as our opinion and best judgment. They are not in any way intended as a representation or warranty as to the condition of the vessel or any of its parts. It is further understood and agreed that the attending surveyors of record will not be responsible for any loss or damage direct or consequential arising out of the condition of the vessel, or by any error or omission on our behalf as surveyors. This document is for the sole use of the person contracting for and named in this survey. Payment and/or use of this survey report constitute acceptance of these conditions. This report is based on over 30 years of Marine experience and membership with US Surveyors Association (MMA Master Marine Surveyor), Association of Certified Marine Surveyors (CMS Certified Marine Surveyor), International Association of Marine Investigators (CMI Certified Marine Investigator), and USCG licensed 100 ton Master Mariner. Member ABYC. All surveys done to ABYC and NFPA codes.
