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City Council Packet 05-24-1993 BOE
Agenda City of Plymouth Board of Review Meeting Reconvened Tuesday, May 24, 1993 7:00 p.m. Council Chambers 1. Call to Order 2. Council action on recommendations 3. Adjourn 1993 Board of Review STAFF REPORTS u son MEMO ii CITY OF PLYMOUTH 3400 PLYMOUTH BOULEVARD, PLYMOUTH, MINNESOTA 55447 DATE: May 24, 1993 TO: Plymouth Board of Review (Reconvene) FROM: Scott Hovet, City Assessor and Staff SUBJECT: 1993 BOARD OF REVIEW PLAINTIFFS The following is a list of property owners in Plymouth who appeared at the May 10, 1993, Board of Review. This is followed by our review and recommendation for each in the order in which appeared. All plaintiffs have been notified of our recommendation prior to reconvening onthey May 24, 1993. ORIGINAL 1993 NAME/ADDRESS PIN # MARKET VALUE RECOMMENDATION 1. Gary & Faith Hudson 29-14-0094 194,900 No Change 2165 Weston La N 2. Orlin Goemann 34-42-0016 218,800 No Change 325 Vinewood La N i3. Michael G. Swanson 02-24-0011 119,000 No Change 6000 Kirkwood La N 4. Arthur W. Peabody 32-12-0107 111,300 No Change 1297 Black Oaks Ct 5. Peter J. Riley 31-31-0035 257,500 250,000 18500 6th Ave N 6. Gary Medin 35-23-0019 118,700 No Change 680 Windemere Curve 7. Melvin Schmidt 16-11-0002 61,500 No Change 4315 Fernbrook La N 8. Debra John 02-33-0023 216,900 208,800 12464 54th Ave N 9. Louis Piccolino 20-24-0024 138,000 137,300 3205 Fountain La N 11930 61st Ave N 2. Carl & Joyce Pokorny 30-31-0008 $394,600 No Change 1890 Troy Lane N Page Two BOARD OF REVIEW PLAINTIFFS 10. Mr. Ruben Burau 32-11-0156 75,700 No Change 974 Yuma La N 11. Lawrence H. Aubuchon 31-43-0041 242,300 No Change 17930 Queensland Ct 12. John E. McCarty 33-33-0019 83,100 No Change 15810 Gleason Lake Dr 13. Thomas P. Luskey, Jr. 26-24-0008 114,200 No Change 11907 23rd Ave N 14. Prema G. Nadig 19-21-0028 122,000 No Change 18630 34th Ave N 15. Randolph M. Zejdlik 02-43-0002 216,600 209,000 11800 54th Ave N 16. Davis Fennern 12-31-0027 129,800 No Change 4805 Union Terrace La 17. Jack Strobel 35-23-0028 181,400 No Change 905 Windemere Curve 18. Thomas Bennis 31-44-0049 152,200 131,000 17625 3rd Ave N 19. James Guddal 16-33-0007 182,000 108,600 Downtown Plymouth Vacant Lot 20. Ron Rousu 29-31-0049 102,300 No Change 1630 Fountain La N The following properties have submitted letters of appeal. Our recommendation is as follows: ORIGINAL 1993 NAME PID # MARKET VALUE RECOMMENDATION 1. James Klemp 02-21-0039 158,000 No Change 11930 61st Ave N 2. Carl & Joyce Pokorny 30-31-0008 $394,600 No Change 1890 Troy Lane N REPORT #1 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Gary and Faith Hudson PROPERTY ADDRESS: 2165 Weston Lane North PID#: 29-118-22-14-0094 LEGAL DESCRIPTION: Lot 1 Block 2 Steeplechase 8th 1993 ESTIMATED MARKET VALUE $194,900 1993 REVISED MARKET VALUE No Change ISSUE: RECOMMENDATION: After discussing sales in their neighborhood with both Mr. and Mrs. Hudson, they withdrew their appeal. Respectfully submitted, Joan ormick, CMA Appraiser REPORT, #2 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Orlin Goemann PROPERTY ADDRESS: 325 Vinewood Lane North PID#: 34-118-22-42-0016 LEGAL DESCRIPTION: Lot 10 Greers Orchard Tracts Long Legal 1993 ESTIMATED MARKET VALUE $218,800 1993 REVISED MARKET VALUE No Change ISSUE: Mr. Goemann feels the cost to build his home should equate to the estimated market value. RECOMMENDATION: Upon a revisit to Mr. Goemann property no indication of value adjustment was evident. The appraisal Mr. Goemann submitted was one obtained for construction cost and indicates it is only at approximately 90% (*see attachments) of completed value. As evident from the comparables submitted from the partial completion appraisal they are dissimilar from the subject. It is the judgement of this appraiser to sustain the 1993 market value at $218,800. Respectfully submitted, Jan Olsson, CMA Appraiser 1993 Board of Review Page 2 Dwelling Style: Modified two-story Year Built: 1992 Square Feet: 1822 h ` 1 Comparable #1 PID# 19-118-22-12-0040 Address: 18015 23rd Place North 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Modified Two Story Year Built: 1992 Square Feet: 1744 Sale Price: $278,000 Sale Date: 8/92 0 0 9 Comparable #2 10-118-22-43-0007PID# Address: 13245 46th Ave N Dwelling Style: Two Story Year Built: 1992 Square Feet: 1695 Price: 255,500Sale Sale Date: 6/92 0 0 9 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 PID# 03-118-22-14-0019 Address: 5805 Rosewood Lane Owl a Dwelling Style: Modified Two Story Year Built: 1991 - Square Feet: 1,663 r r Sale Price: $225,000__, _ Sale Date: 9/91 x - _ 4 The subject has no fireplaces, decks or porches as do some of the comparables but its size and location offset these amenities. CARL SCHULZ CONSTRUCTION 5935 Koch's Crossing, Independence, MN 55359 f ,p Phone (612) 479-6274 PROPOSAL MADE TO NAME OAIJA/ ANn ANO,I nr=MANJ ADDRESS 1672 1 E ctl vE . CITY STATE ZIP TELEPHONE PROPOSAL D S 1-0024NUMBER7 IP— FOR WORK AT ADDRESS 3Z" l/inrEwyo L N CITY STATE ZIP 10LouTl- /\I N TELEPHONE OPOSAL ESisr Al 6 INNER i• s : • TERMS MATERIAL AND LABOR AS REQUIRED IN ACCORDANCE WITH ABOVE SPECIFICATIONS FOR THE SUM OFD -1 -'7r7 NT TO BE iAADEEAS FOLLOWS 10% N f ` L 1 GL Q LI Ci1 Y1 1N ACCEPTANCE _ THE ABOVE PRICES, SPECIFICATIONS AND CONDITIONS ARF SATIS- FACTORY AND ARE HERBY ACCEPTED. YOU ARE AUTHORIZED TO COMPLETE THIS CONTRACT AS SPECIFIED. PAYMENT WILL BE MADE AS OUTLINED TO THE LEFT. C T :COMPANY OR All m rial is guars teed to be as specified. All work to be competed in a workmanlikel SIGNATURE -- manner according to standard practices. Any alteration or deviation from above sp.Zificationsinvolvingextracostswillbeexecutedonlyuponwrittenorders, and will become anextrachargeoverandabovetheestimate. All agreements contingent upon strikes, accidents or delays beyond our control. Owner to carry fire, tornado and other necessary insurance. N ff` Ile jsOurworkersarefullycoveredbyWorkman's Compensation Insurance. SIGNATU NOTE: THIS PROPOSAL MAY BE WITHDRAWN BY US IF NOT ACCEPTED WITHIN 3C1.L DAYS A FINANCE CHARGE OF 5% WILL BE CHARGED ON BALANCES NOT PAID WITHIN; 30 DAYS OF COMPLETION. CHARGE ONT Y. PT AUTHORIZED' DATE OF ACCEPTANCE _ SIGNATURE l..(L `'Cusiz u RETAINS YELLOW COP' awru QW%ZATI I f1F Ar:W'F 0 n n CARL SCHULZ CONSTRUCTION. ra:;CUSTOM HOMES * t REMODELING' l i ADDITIONS r'. .- I,. ;'•. r K •DECKS '•-,.' `;: ••Y. .r , ,• Lj- Carl P. SCNult 5935 Koeh's Gosak•p ` "I ' ' A , MN 9 • " •(81T) 179 527a~ bdepardxroe.. 5551 ,l SWORN CONSTRUCTION STATEMENT NOTICE: This statement must be complete as to names of all per- sons end companies furnishing labor and material to the subject property. Fill in every blank or state "none', or if included in another Item, indicate which Item by number. ACCT. N0. ITEMS Laborers, Material S,nrpllers FUr1NISHED BV and Subcontractors TOTAL COST AMOUNT PAID BALANCE 1. Air Conditioning INCLU.0CIN /r/ 'I`2(n- 2. Appllonces 3. Architectural Services J1(p(1 E N ONE Slackleming Holy S. Brickwork, Chimney 6 Fireplace NDNE S.Building PermN 4 mn L'VI __ 6ene.rewt& Fine, "ba 21-Odtu S Sv 7Z SP1 C 7.CabinelWork6tstrMen e. Carpentry S Labor 9. Cerpellnf_ t i.:nOIClartsr 10. Clearing Building Site YO t S 1 LA LZ O11 L,,6 t JL0 c> rt 11 74150 QQV-1aot 11. Comet' -Floors, Steps & Driveway 1 2. Concrete-Pre•nrss+ed ANF 73T'LPr. UO-`• r,nr-;':.,r ttsOl t I- S NoNL 1'rr QQ 13. Counters d Vanity 70p1 N 1.61ywall-Ozer Isis N un , Irl= 15. Orywen-Tapfn9 Electrk-Flxlures 1'`i3 Jflr V L A10HE Od B. 1 7. Elet:rie-Wiring nFnP F o r• T1r_ SAru' QQ 1' B. Excavating d F111 i/114elLi-IYtq 3400 CID 1'9. Ff.., Finishing Melrn NONE il.FourrdaUon-Blocks Masonry win r r r D ce IN JIM 2'1. Foundation -Wsterprooling Mow ILDED IN *Q 2'2. Garage Door d. Glaff b Mirrort JCL'• •-•' ^ `r IQ INe loEf West1r-7nty` L -- i' n - nenni5oh - 0. Grading A Backlilt S. Ho,dwe,e B.Heating 2nsptaron S. Laminated Units & Trusses 9 Landscaping Y/ O Lumber GEIP.t_•L2l^_^. 1 Flt?CS Q 31. Millwork: Trim 6 Windows 3R. Omsmn• lal In on 3U. Palming -Decorating Paint ing-Ex tenor tt5. Painting -Interior ig. Plumbing -Labor HON C_ 7 an .TnhnSOn i llirn6inc 5 Plumbing-Msterlsts N tr r , >" a rt IN 4.16 nooling l ^ , p 9. Septic System NONE 10. Sheet Metal 1, Gutters NON E Ji. Sod NONE J2.Slome lk s Stone J3. Structural Steel r • , , • nct /N X30 -- a4. Stucco NONE IS. survey NON, 16. Tile-CersmkBPlestic rnr re - IRE aDSr2Al I), TBa-Fbor I8. water a Sewer Connections INANE j„ 1) ly. `rD nSn Ph_- Lag- 19. Well 6 Pump J / V emi A/ ML CDJ5,2L- 0. Assessment xes it. Closing Costs i2. Contrsctws Pnerk %Cr), i3.- r- i C^ ' LkI- A. Inb,est. Conn loan - NONE S. land Cost New 1/ 4. Points, Conal loan 4. Sales Commission SALE rnlr or 0: ••: In( 1: i-4 v : • `4c 1: 1•t. 1( Aidlot - --40U 1 1 1 JIM PlEm 0 WORLD OF PARTS 7100 WAYZATA BLVD., MINNEAPOLIS, MN 55426 G ra vc I dr left Aft on- aft am om 1;64 so I•t•• • •• O of Go v 1600 I G o J cam ,,!; fix" "" w•c- y'7GG DIRECT PARTS LINES Nationwide 1-800-328.0644 • MN Toll Free 1-800-642.1377 • Local 612-54' FAX 546.6518 left Aft on- aft am om 1;64 so I•t•• • •• O i l i l l l i l j j j j -i i 1010 00; 77 1 o,o1 010.0 yp . 9 I '=aO,000100 51:_7 1 Oio 0;0 0171- 0 0! I JA, 0:0100 a o r-- a rS 0 0;0 6 -is_ o OS:0 A 2- Z D O -=2y ri min -"xAr abo ' " i ! SO:D O d , r ale dou) l f' ' lin do 0 0 i• n5o r Cr1. 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LNEBEG J 8 7 DYBDFUL R 6 P WHMS J R PIKER 'MA PKMER M 6 K YAN D M 8 R M NELSON MAU ICE A a JAY F CORRNLAN ANN M GALLAGHER W M SO WEM 8 L J SCNwVECKF J YA TERRY L 8 SFEi.LY R IBSOI TERRENCE R PlDB2 BLLE M BIitOETT EDWARD F 114E9UN EARL V 1EBBSEN K FRAtA Y ANSLEY W JOHNSON A DOUGLAS C NUTT MR 8 ws MAROLD PU LE ROBERT S KAM ARVD E PRICKiTT PETERi 4 CHP STBE RUM DALE P WILSON MR TOREN A EPP6 6 SMADFLA I PETER WM DLIM CHERYL wM M *CEM JON C 6 HATSLE TSATSOS MAL CURIES W 6EYFR GREGORY A i LALIRE PETERSON DOIJO AS B i ANE D KMS RICHARD 8 PATRICIA OSTERCAW M Y S Y LMR( A 6 ANI L MEVISSE3N BERNARD E MC LALK" A RKM4RD & MTM DLFFN l AKl DENNIS L®8iG JAY DYBDAX AICKM K 8 PAMELA E WHEELER JAMES R i MARY A PAUAFR L M 8 KA A RYAN DONALD M 8. ROSDIARY M SON MYFICE 6 AMY CORRIGAN AIN GALLAGHER M N R N R20000 H R M R M R M R H R M R N R M A M R H R M R R M A M R H R N R M R M A M R N R N R M M R M R H R M R H M R R M R M R M N R N R N R H R M N R H R M R M R 20000 20000 20000 19000 2DOOD 20000 22000 22&M000 2M 2oDO0 20000 20000 24000 21000 19000 19000 24DM 241000 26000 24000 26000 24NO 79000 290M 2400 000 24OM 31000 240M 201000 UM 370M 49000 37000 37000 6000 A0000 40000 101 65900 101000 1100 51700 1016W 64700 70700 S36DO A fim 67NO 93500 69500 27000 443M 01900 3x00 4wo 4200 941200 5 100 86000 10000 11 775M 07400 16500 73100 i t 71900 65000 WDO 85600 16950 2026M 151500 10000 17900 175900 i 6000 127900 172300 1 12699 213996 182958 84779 2121.00 121904 136924 174221 BUM 1331.70 129614 MUM 137920 1595.78 1 17200 60JO 16431 866.10 10:.47 1852.35 276030 16399 2262.1 2040.10 1529.64 1674.64 3003.3 2062.62 16QJ4 41 4MAO 37719 45W 96 40714 43116 3820.6 3219.1 4303.76 Om 0.00 Om 34.93 0,00 Om Om 637 094 Om Om Om Om Dm Om Om 0.00 ODDCA 723 QO7 0.00 Dm Om Om 0.00 Om 30]3 Om 0.00 m Om Om Om 0.00 Om Om Om Om 1 Om 1961 Om 1971 Om 1961 9351 1961 CA 1 M Om 1912 Om 1975 11921 196 96.69 1951 1961 0m 1966 Om 1977 Om ion Cm 1936 11 1 Om 19C Om 196 Om 1954 0.00 1957 956100000 139.39 1947 70711 INS Om 1959 1 Om 1964 Om 196 Om 1957 CA 1556 m l Om 1951 7413 Om 1970 0.00 1965 Om 1 am 1916 Om ism Om IKS 0.00 1965 0. 1 Om INS om 7944 pm 1916 0.00 1916 1 WA 46000 05/77 A 115200 MM 402 WA 100000 MUU 276 W A 096 A 69000 a= W A A 9600 0671 640 A 050 A A 32000 W4 ON A 4250 0&76 098 A ON A 0% A A A 107500 0396 3520 A 10000 0675 A A A 15/01 W A A A 1 W A 132500 0398 151 W A 10000 0M 096 W A 107WO OS96 346 W A 1 0644 W A A A A 70000 0996 102 W A 1 W B 9474 06/65 316 w e 210MO WIS 300 W 1 208000 15/16 346 W 1 224000 ISM 710 W 1 677125 1144 we 179000 07/16 SIC 0 e ZIa2'7 0696 W o 221 WES71AWN 221 CAVANALRe6 ADDN 221 WESTLANM 221 CAVANAUUIS A fl 221 CAV'ANk)OP6 ADO/ 221 W.6% OF101ARD TRACTS 221 CAVAK41Q5 ADON 221 CAVAKW0114 AWN 221 ORES$ ORDIAM TRACTS 221 OEEIRS ORCHARD TRACTS 221 Y 221 CAVANQJ IS ADM VI 74EFM ORCHARD TRACTS 221 GREMS OROVOID TRACTS 221 Lii L ORCHURD TRA."TS 221 Gi43M O *tM TNACTS 221 tEtiEEIRS OFOJAPO TRACTS 221 GREETS ORDUFD TRACTS 221 (FEERS ORDiOtl) TRACTS GREERS ORDWID TRACTS ai GAUPS ORCHARD TRACTS 221 QRE ERS CF C 46FO TRACTS 221 TPA40LI VISTA 221 TRANOLL VISTA 221 SL10M4LA ADDN 221 GRE$$ ORCHARD TRACTS 711 TIRAIK7,1L VISTA 1 5/5 221 GREERS OF0AM TRACTS 221 ADDES WEDGEW000 ACRES 0 WEXECEWOCD HILL 221 WEDGEWOOO NTL 1 221 HERITAGE WEST 221 HERITAGE WEST 221 HEIFTAOE WEST 221 H9PIALE WEST 221 HERITAGE WEST 221 HERITAGE WEST 221 HERITAGE WEST 221 HERITAGE WEST 34119 341I922 400,1 341 U a 43 0051 3171a 2240010 34111 a 43 OM 34116 34111 a 43 0001 3411l a 43 0007 3411822 47 0031 34118 22 43 M= 1 t 4119 22 43 O OPS 34 118a 43 006 34119 a 430025 3411e 22 Q 0025 11 22OOM 3411122 Q DIM 3411122 Q 0024 3411122 Q Call 31 Ill a Q OM3 3411221 6 22 Q 0017 a Q 0012 N 119 22 Q OCIN 34118 22 Q Cam I 3411322 Q am 34111 a Q 0066 3411922 Q DOM 31118 22 Q 0052 11 1 3411122 Q CCSB 3411122 Q ODO 3411122 Q OCU 34118 a Q DOX 1 11 i 15 Ill a 43 0020 15111 a 430071 7511122 43 001 i 15118 a 43 0019 1 Ill 1 1511122 43 DOD 1511122 4130011 1S Ill a 43 0016 15 11ea 43 0015 CongM ande 1987 Plat System Services Inc. Publisher has made every effort to obtain acCLxate and Current information, bull i1 no manners the irtformabon herein guararteed, publisher Shall not be resporu 61e for any loss caused by the negligence Of any of 4s agents Or employees in procLft conpiir4 or pubLshing the Said irformatior7. T v'va, a Nrrw UNLF.M RESIDENTIAL APPRAISAL RL.•bRT Fs. rw 107650681677CVTaICWMntaur Fe "F.rr.lea 10/86 census Tract YbS . (T/ LENDER DISCRETIONARY USE CIN PLYMOUTH County HE,NN. State MN. Zi Code 55441 SMSA5120 Sale Price fLesalDescriptionSeeAttachedAddendum. Date wmer/occupant NEW CONSTRUCTION Me Reference 24 B Mortgage Amount falePricef183555DateofSale3-29-92 Property Rights Appraised Mortgage Type oan char es/concessions to be aid b sellerf NONE X Fee SimpleDiscount Points and Other ConcessionsETaxesfEST.4200 Tax Year 1992 HOA $/Mo. Leasehold Paid by Seller f NONEender/Client METROPOLITAN FEDERAL BANK Condominium (HUD/VA) JDII ORROWER: GOEMANN ORLIN S SANDRA owdidiol PUD Source Urban X Suburban Rural NEIGHBORHOOD ANALYSISUILTUPsood .e FvaoOverOCATIONjShortage75% X 25 - 75% Under25% Employment Stability X(ROWTH RATERapid X Stable Slow Convenience rL JOPERTYtoEmploymentXVALUES11IncreasingXStableDecliningConveniencetoShoppingXaMAND/SUPPLY X In Balance Over Supply Convenience to Schools XARKETINGTIMEUnder3Mos. X 3 - 6 Mos. Over 6 Mos. Adequacy of Public Transportation aPRESENTLANDUSEXUSECHANGEPREDOMINANTSINGLEFAMILYHOUSINGRecreationFacilities Single Family 70 Not Likely OCCUPANCY PRICE AGE Adequacy of Utilities XD O2-1 Family Likely Owner X f(ODO) (yn) Property Compatibility XMulti -family In process Tenant 100 Low NEW Protection from Detrimental Cond. XO Lr JCommercial10To: Vacant (O -5X) X 200 High 45 Police d Fre ProtectionIndustX Vacant (over 5%) Predominant General Appearance of Properties XVacantVacent20130 - 30 A peal to Market X Note: Race or the racial composition of the neighborhood are rat considered reliable appraisal factors. COMMENTS: See Attached Addendum. Dimensions 120 X 220 X 185 X 270 Topography BASICALLY LEVELsiteArea .8+- ACRE Comer Lot No Size TYPICAL TO AREAZoningClassiticationS.F.R. Zoning Compliance Yes Shape RECTANGULAR TYPICALHIGHEST8BESTUSEPresentUseYesOtherUseNoDrainageAPPEARSADEQUATEUTILITIESPublicOtherSIT17IMPROVEMENTSTypePublicPrivateViewWOODEDPRIVATEElectricityXStreetASPHALTXLaTYPICALTOAREAGasXCurb/Gutter CONCRETE X w;y `.': ppVEDWaterXSidewalkNONEAppstEasementsNONEAPPARENTSanitarySewerXStreetLightsFREESTANDINGHazardYes' No XXAurNONEc4. tti MAS a SEE ATTACHED CERT. COMMENTS - COMMENTS (Apparent adverse easements, encrwchnenta, special asaessmel}tra areas. et BJ ITE IS CONSIDERED TO BETYPICALTOTHEAREAANDISWELLSUITEDF lRE IMPBOS. REAR WITH GOOD BACKYARD PRIVACY. LOC ON Q STREET WIii - SIE ISAKAVILY WOODED TO THE FI VOLUME. GENERAL DESCRIPTION EXTERIOR DESC7YPilON F Tlprl . ,,•;, INSULATIONyMTStirsONEFoundationCONslab. Qp; NO JG W'., •'aq. FL 1756 RootStones2ExteriorWe . F TE xFlnished Ceiling R-44Type(DeL/AtL) DETACHED Roof surface te- jj;:•SH '. n 1 "01, :. mgt :. watts R-1 9Design (Style) 2 STORY Gutters & Dy + 23 a' Tc Existing`r' ' • a!i'. - .. FloorWindow1. MENT _ tlpn(eSa D' oar1 iY•• NoneProposedStormSash4SettlementA'j6M IMTEp oateiaeBirtryWALKOUT AdequacyG00DAnderConstructionYESScreensYE •; .' ei" leh1*6111 „l{(pjj$ *WE LUS. OVE AD Energy Efficient Items:ge (Yrs.) 1992 Manufactured House 0 E'-,e =av .s t Z52 -t'. 0 YPICALEffectiveAeYrs. NEW RAME NEW CONSTRUCTIROOMSFoyerLivingDiningKilcfeI pen cy ` Y Oa OtherBasement2S .. < • . ; }a• t c ..,'011116Y Area Sq. FL t' 0..:.'ty 1,756Level111twF, 5 t INETT 1 1 556Level2LevelG ,. . 938 Finished area above grade contains: 2.7 &the : 2 4545 wre Feet of Gross LivingAreaSURFACESMatercels/Condit on HEATING NEOUIF. TTIC IMPROVEMENT ANALYSIS coos ay F.ir Pte, Fioors C.T. CPT V/GOOD Type FWA bF P Noris Quality of Construction XWallsDRYWALLPAINTEDFuelCasRa /Oven P stain Condition of Improvementsmprovements XTrim/Firrish OAK STAINED/GOOD Condition Av CD DDisposalXDropStairRoomSizes/Layout XBathFloorVINYL / GOOD AdequacyAv Dishwasher X Scuttle X Closets and Storage XBathWainscotF/G, C.T./ GOOD COOLING Fan/Hood X Floor Energy Efficient XDoorsFLUSHOAKCentralYESCompactorHeatedPlumbing -Adequacy d Condition XGOODOtherNoneWasher/Dryer Finished Electrical -Adequacy i Condition S 0 BConditionAVMicrowaveKitchenCabinets -Adequacy It Cored. XFirelacesNOF/PL i Ade ua Av Intercom Compatibility to Neighborhood XCARSTORAGEGarageXAttachedAdequateXHouseEntryXAppealdMarketabilityX tX No. Gra 3+ Carport Detached Inadequate Outside Entry Estimated Remaining Economic Ute 75Yro. Additional features: NEW CONSTRUCTION SUBJECT TO COMPLETION AS PER PLANS AND SPECIFICATIONS SUBMITTED. ON DATE OF INSPECTION THE HOME WAS APPROX. 90% COMPLETE AND THE APPRAISER NOTED THERE WEREQUALITYCOSMETICUPGRADESNOTNO'PED IN THE PLANS AND SPECS. FUNCTIONAL OR ECONOMIC DEPRECIATION. E WERE NO FACTORS CONTRIBUTING TO General market conditions and prevalence and Impact In subject/market area regarding loan discounts, interest buydowns and concessions: GENERAL MARKETCONDITIONSARECONSIDEREDSTABLEWITHMARKETABILITYTIMEOFTYPICALRESIDENTIALPROPETIESUNDER6MONTHS. CURRENT MARKET CONDITIONS DO NOT REFLECT ANY SELLERS DICOUNTS OR BUYDOWNS. NOTE: OWNERSHIP RIGHTS TO THE SUBJECT PROPERTY HAVE NOT CHANGED IN THE PAST 12 MONTHS. FmW. Nw Fa. ro a/M Fe "F.rr.lea 10/86 11N1r _L ArmnENTIAL APPRAISAL RE. -SRT ra..x 1076506816 A raise[ is to estimate Market Value as defined in the Certification d Statement of Limiting Conditions. sof SKETCH A1da3OVGROSLmora ESTIMATED REPRODUCTION COST -NEW -OF IMPROVEMENTS: gUtI.DING gOW IooEA aGRADE)ippwdl comments in this .pea n M F.W. Dwelling 2,45 Sq. Ft e f 55-00-$ 134,970 GLA 42.00 x 24.00 x 1 = 1008 NO BSMT FINISH Sq. FL • S0 21.00 : 16.00 x 1 = 336 Extras APPLIANCES,BUILT INS 8,500 8.00 x 12.00 t 1 = 96 ADDED PLUMBING BAY WNDS 0 1.50 z 22.50 x 1 = 34 Special Energy Efficient Items INCLUDED 0 2.50 s 5.50 x 1 = 14 Porches, Patios, etc. STOOPS 300 2.50 : 5.50 I 1 = 14 Garage/Carport 768 sq. Ft • f 14.00- 10,752 2.50 z 5.50 x 1 = 14 Total Estimated Cost New ................ -S 154,522 18.90 x 24.00 x 1 = 454 Physical Functional External 22.00 1t; 22.00 s 1 = 484 Less Toted Sq. Ft. = 2454 Depreciation •f 0 Depreciated Value of improvements ......... -S 154,522 Site Imp. 'as is' (driveway, landscaping, etc.) •f 3,000 ESTIMATED SITE VALUE ................. -f 30,000 If leasehold, stow only leasehold value.) INDICATED VALUE BY COST APPROACH ... •S 187,500 Not Required by Freddie Mac and Fannie Mae) Construction Warranty Yes X No Does property conform to applicable HUD/VA props Ay standards? E)Yes QNo Name of warranty Program If No, explain: N/A Warranty Coverage Expires The undersigned has recited three recent sales at properties most similar and pm.ila.t. to subject and has considered these is the market analysis. The description incilldee • dollar adjustment, reflecting market ruction to in... items e' significant variation list.... the subject and comparable properties. II a significant item in the comparable Property is suPorior to, or more favorable than, the subject property, . ish— (-) adjustment Is mads, thus reducing the Indicated value of subject; 11 a significant item In the comparable is interior lo, or I... It .... bie than, the sobiecl property. a plus (•) adjustment is mads, IAus increasing the Indicated slue of the subject. REM COMPARABLE NO. 1 eqVA&3WAffW72 COMPARABLE NO. 3SUBJECT 325 VINEWOOD 1E835 32ND A 1-6025 22ND AVE.JN 16020 22ND AVE. N. Address PLYMOUTH PLYMOUTH ! KS M LYMOUTH Proximity to Subject 2 MILES RTNESTn-- .. M ST AWLES NORTHWEST Sales Price $ 183,55 A 3 :`. 1 400 atE' 4 15 f 188 105 Price/Gross Liv. Area f 74.80 f t 4. RL i• . 1 W i 79.670 Data Source INSPECTION 4--%7 MLS VALUE ADJUSTMENTS DESCRIPTION DESg)RIPTbN .'' DESCfi(PTIGN " CLtN hent' DESCRIPTION {-) f Ae ustment Sales orFinancing '0—,Lr —ONVENTIONAL 4i-0-Concessions 0— Co-t0a p UP.P 0- Date ofSale/Time -29-92 2-92 cI;pC,^- - tiY,OF'F- +92 0- Location SUBURBAN /AV u r t`fi'f960' rior.cvOND- u erior 5 000 Site/View VG / WOODED VG / INF of 0 VC / 'iNF. v c.*: -0f10 VG / INF 3 000 Design and peal STORY/Good STORY /Good `'="-4-0- /Gmd"' -0- STORY/Good 0- Queh 01ConaWditM Od clual S y'' `- - jv- 5.4— 1 0— Age EW 1992 'W 1992 cam` _' iii- EV -1 '^ • f ' '" +8•r 1992 0- conation Good EW Cbed' Good 0- AboveGrade 7sW ' sono.: Bath ToW 'r -eOr ! j `4<: sa jL 'J,3at %'wN. IT -row - serves ' bath Room count 7: 12.7 & orQ: 2 ' Lr-^tt'too!g : 2.5+: -0- 8: 4: 2.5+) 0- Groaa Living Area 2, 454 S . FL 2 pt. TM'1"ittD 2 24 S . Ft 1 + 300 2 61 S . Ft I 92300 Basement& Finished 1756 Sq. Ft. 1056 +2,800 1144 S.F. +2,400 1112 S.F. 2,500 Rooms Below Grade 07 FINISHED 0% FINISHED -0- 07 FINISHED -0- 07 FINISHED 0- Functional Utility WALKOUT GOOD Egual -0- Equal -0- NO WALKIOUT 1 500 Heating/Cooling Gas FWA C/AiTGas FWA C/Air; -0- Gas FWA C/Air -0- Gas FWA C/Air; 0- Garage/Carport 3 Car Garage 2 Car Garage +3,000 2 Car Garage +3,000 2 Car Gar age 3 000 Porches, Patio STOOPS Equal -0- Equal -0- 3 SSN PORCH 6,000 Pools, etc. -0- LANDSCAPING -1,500 LANDSCAPING 1,500 Special Energy TYPICAL Eqaal -0- Equal -0- Equal 0- Efficient Items NEW CONSTRU -0- -0- 0- 0- Fire lace(s) NO F/PL 1 Superior -3,000 2 Superior -4,000 1 SuperiorFireplace(s) 3,000 Other (e.g. kitchen APPLIANCES Eqjal -0- Equal -0- Equal 0- equip., remodeling) UILTINS Sumerior -2,500 u erior -2,000 Superior 2,000 Net Adj. total X + -;f 6,000 F 1+ X -;f 800 1 L1+ W-; 5 200 Indicated Value F7 fofsubject 187,4001 f 183,515 " f 182,905 Comments on Saks Comparisorc See Attached Addendum. INDICATED VALUE BY SALES COMPARISON APPROACH ...................................................... f 183,500 INDICATED VALUE BY INCOMEAPPROACH (11Applicable) Estimated Market Reml N/A/Mo. x Gross Multiplier N/A -f N/A This appraisal is made O jag la' subject ty the repairs, alterations, Inspections, or conditions listed below 0 cornpktion per plans and specifications. Comments and Conditions of Appraisal: See AtiCached Addendum. Final Reconciliation See Attached Addendum. This appraisal Is based upon the above requiremerts, the certification, contingent and limiting conditions, and Market Value definition that are staled in FmKk HUD 3/or VA Instructions. X Freddie Mac Form 439 (Rev. 7/86)/Fannie Mae Form 10048 (Rev. 7/86) filed with client 19 ®attached. I (WE) ESTIMATE THE MAR U VILL UIE AS DEFNm, OF THE SULECT PROPERTY AS OF 7-20 _1992 to be S 183 500 I (WE) certiy: that to the best of my (our) knowledge and belief, the facts and data used herein are true and correct; that I (we) personally inspected the subject property, both Inside and out and have made an exterfor fnspe.tion of all comparable sales tied in this report and that 1(we) have no undisclosed Interest present or prospective therein. J1 Apprsiser(s)stoaArufw It Review Appraiser smATuRE Did QDidNol slaw CART ZUMB qEJFED 7:D #4000141 Ila [icabe BA e Inspect Pro r° 'W.. — Metropolitan Federal Bank 1— mer •mm 'm•• -- COMPARABLE SALES PHOTO ADDENDUM J METROPOLITAN FEDERAL BANK (fsb) APPRAISAL DEPARTMENT 6800 FRANCE AVE. SO. EDINA MN 55435 SUITE 525 612 9295300 F.Ic No. 1076506816 COMPARABLE SALE #1 48835 32ND AVE. N. PLYMOUTH Sale Date: 2-92 Sale Price: $181,400 9 -//d -AR -.23- 00.2 (, SomAKEitfT.' /077 COMPARABLE SALE Art 16025 22ND AVE. N. PLYMOUTH Sale Date: 2-92 Sale Price: $184,315 00501 uq cE G r. Aff COMPARABLE SALE #3 16020 22ND AVE. N. PLYMOUTH Sale Date: 1-92 Sale Price: $188,105 9-//"-.2 p -//- 005 6uogre 46%: // a 1993 BOARD OF REVIEW NEIGHBORHOOD SALES Sale #1 PID# 34-118-22-42-0053 Address: 331 Wedgewood Lane North Dwelling Style: Split-level Year Built: 1986 Square Feet: 1,910 Sale Price: $214,900 Sale Date: 3/92 i Sale #2 PID# 34-118-22-43-0051 Address: 305 Wedgewood Lane North Dwelling Style: Two -Story Year Built: 1978 Square Feet: 1,427 Sale Price: $204,000 Sale Date: 5/89 V - mwo x ms '— Z rte!i OTT 41 Ad.ziu I ZA z u I REPORT #3 u 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Michael G. Swanson PROPERTY ADDRESS: 6000 Kirkwood Lane North PID#: 02-118-22-24-0011 LEGAL DESCRIPTION: Lot 9 Block 1 Bass Lake Shorewood Hills 1993 ESTIMATED MARKET VALUE $119,000 1993 REVISED MARKET VALUE No Change ISSUE: Mr. Swanson purchased his home on January 28, 1992 for $115,000, from the State Bank of Chanhassen following a foreclosure action. He requested that his assessed value be reduced to 84.3 percent of his sale price of $97,000, which is a mean ratio of the same properties used for comparison. RECOMMENDATION: Mr. Swanson requested and received from staff a reduction in value to $115,200 for the January 2, 1992, assessment. The value reduction took into consideration the condition of the home and the fact that the previous owner filled in an inground swimming pool without a permit or our knowledge. The owner previous to Mr. Swanson purchased the property for $117,213 in July of 1988. The property was inspected on March 30, 1992, and then again January 3, 1993. Since the time of purchase Mr. Swanson has improved the condition of the property, examples are a reroof and exterior repainted. 0 1993 Board of Review Page 2 In sale ratio studies conducted by the State Property Equalization Division, sales involving foreclosure, bankruptcies, and relocation companies are not used. These do not meet their criteria as being an "open market sale." Therefore, Mr. Swanson's sale was not used. A sale study of homes similar revealed three properties that have sold which are the same style trambler with a 2 -car tuckunder garage. The sale price range from $119,500 to $167,000. Current newspaper articles indicate home sales have increased and prices are also up. (See attached). Based on this current sales study and the circumstances involved in the sale of this property, no value change is recommended for the 1993 assessment. I L 0 Dwelling Style: Rambler Year Built: 1968 Square Feet: 1566 Garage: 2 -car tuckunder 0 L r Respectfully submitted, Y )?; Nancy Bye, SAMA Senior Appraiser 1 Comparable #1 PID# 19-118-22-32-0058 Address: 3000 Xanthus Lane North 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Rambler Year Built: 1976 Square Feet: 1625. Sale Price: $167,000 Sale Date: 02-91 Garage: 2 -car tuckunder Dwelling Style: Rambler Year Built: 1976 Square Feet: 1780 Price: 138,000Sale Sale Date: 04-92 Garage: 2 -car tuckunder Comparable 2 PID# 14-118-22-43-0029 Address: 11630 37th Avenue North Dwelling Style: Rambler Year Built: 1976 Square Feet: 1625. Sale Price: $167,000 Sale Date: 02-91 Garage: 2 -car tuckunder u 1993 BOARD OF REVIEW Comparable #3 PID# 35-118-22-22-0019 Address: 1015 Kirkwood Lane North Dwelling Style: Year Built: Square Feet: Sale Price: Sale Date: Garage: u n r F F1 r MARKET COMPARISONS Rambler 1963 1284 119,500 07-92 2 -car tuckunder C Ci I Star Tribune Tuadey Real estate May 11/1W3 Frantic metro home buying pace continues; prices are heading up April activity up nearly 27% over year-ago period By Willard Woods Stair Writer Twin ,Cities home buyers in April continued the frenzied pace started in March — the industry's busiest month in history. As a result, home prices are beginning a significant up- swing. Sales of single-family homes rose nearly 27 percent in April, to 4,610, when compared with the same month last year, according to fi*ures released Monday by the Regional Multiple Listing Service. Meanwhile, the number of listings in April rose to 6,832, 4 percent above April 1992. But there still aren't enough houses for sale to meet buyer demand,. industry observers said. In April 1991, there were 7,531 listings. Houses also are selling faster. The average number of days a house had been on the market before it sold fell n r to 66 days in April, down 16.4 per- cent from last year's 79 days, the figures show. Increased sales, fewer listings and a faster market have bolstered home prices. The median sale price of a Twin Cities home rose 6.1 percent last month to $95,300, up from $89,800 in April 1992 and nearly twice the rate of inflation. By comparison, home prices rose 1.9 percent between April 1991 and April 1992. Because of the increase in home prices, home buying is becoming a better investment, said Todd Grill, 1993 president of the Minneapolis Area Association of Realtors. Though the rise actually began in 1992, home prices "won't be as static as last year. There's no doubt about it, there will be appreciation that's higher than the rate of inflation this year" if the trends continue, Grill said. People also asked more for their prop- erties last month. The average asking price for all property types was 5113,324 in April, up from $111,429 in April 1992, the figures show. Sales of all property types — includ- ing condominiums, townhouses, mo- bile homes, etc. —rose 24.4 percent, to 5,031, in April, compared with 4,044 the same month last year. Homes sales increased in every price category except those ranging from 40,000 to $49,000 and those in the 400,000 to $499,000 range. Though property sales increased in April when compared with the same month last year, they are down when compared with March, a record-set- ting month for Twin Cities real es- tate. April's single-family home sales fell 8 percent from March's 5,021. u u u 100,000 houses are best=sellers Houses priced in the $100,000 to more buyers are competing for the 119,000 range were the most pop- same houses. If that continues, ular with Twin Cities buyers last housing prices will rise, Wood said. year, according to an annual real estate industry report released The average sale price last year was Tuesday. $103,264, a 3.8 percent increase from 1991. The Residential Real Estate Activi- ty Report showed that a record More people bought houses in the t 41,944 residential properties — $100,000 to $119,000 price range mostly single-family homes — were than in any other range. The sold in the metro area in 1992, up $80,000 to $89,000 range was sec - from 35,598 in 1991. But housing industry executives But the greatest growth in sales were surprised that buyers made occurred in the S 120,000 to their choices last year with slightly $180,000 price range. more houses listed for sale than in 1991 but fewer than in 1988 And for the first time, more people through 1990. bought houses using conventional financing methods rather than us - The real surprise is inventory is ing loans backed by the Federal Housing Administration. BuyersprobablythelowestI've seen in said Mike Wood, president used conventional financing in 33.8 years," of the St. Paul Area Association of percent of home sales and FHA Realtors. loans in 31.3 percent of sales. Willard Woods A higher number of sales among fewer properties listed means that CITY BRIEFS Average Plymouth home prices sayup5.5 pe Ypercent, Realtors The average home sales price in Plymouth rose 5.5 percent during the fust half of this year, according to figures recently released by the Multiple Listing Service of the Minneapolis Area Association of Realtors. The association reports that the average sales price of single- family homes sold in Plymouth during the first half of the year was $157,587, a 5.5 percent increase compared to the same period last year. In Minneapolis during the same time period, average sales price of homes sold Was $JM,433, a 6 percent increase over 1991. u u r i L i rl, n 0 r u n r r W •y ' d y c i c aU c Ce Ncn cz « 1=0 cc 8PZ; qac,.uc``- U8 .E L O «L O y O y •Es 0 °° 3 g 8 Ow E 8 o'C c oo G ' n, C bciuy'ctor U' E— R u O R 6 C cc cu R.Ep lu ev d y0 03 7 Cn ` c o >a vE,` p, c ° rij mid °:: u°' E u o -8 u bu•v•i'A . t(gycc7So E C G ° y .. R4. L y 6 00 ^ y y' O O D C v p ~ + «+ E Q O vc°_ eyovEN ' t'._°•C« eSg` viq, c ELu Eq siM _ gn ' C . M • E M V' eCa — u t N c'C y OO2 Cc u E Cvi'b CR 6> y y3=w8 7 -Ea CIO. E R c•u o c g 3 o.c y E C'Z:2 «:.+ mum c yL «+ 8 —4 •_ o Cc 0 O R 6) c~a r- 1 to E 0- to v+ .0 .'... w O C'y h y cc w'caay—.GO= P0>"haE" E3 8b hm =g•vc oZ.y.EuL O u C p L E Rte, R oo F O R Cg u C y OHO E O e4a R N c. C mc O 0. ovc vi 'y uw = ; NFa L C•_e+i CR u Vop^ E — Uva '..~Eos~ p CLQ.. EN 0.1 C C R R0 sr' = e u E x N R mo R a u.v a .== Cow pn+ E cd p y U E E H coo z0Tu zciE43 W Ch b 06E Ee aau fid Hs y°yc 3 Eu4E, o o yy CRte' y V N W oo U_p y O C a) L CIO! a., L r E p 0 uace Es° E Hs,2PsPA 2 A Settlement Statement U.S. DeparlN,enl iJ lin„sing and urban Dwl:Wputenl 00 iLle, rf.and Inc. OMB No. 25020255 T3 I tip: u1 Lean 1 111A 2. 1 Ittl IA :1. W Conv. Veins. 6 Filn Nrnr.Wn 7 lea,. Nurnbe, tl MOrItYDr I,nlr 011Cr Carr Number flvA 5 Co- Ina TF- 29303 50-509252-3 G Mite flits Innn Is lunushed to give you a statement of actual scilenlent costs. Amounts paid to and by the settlement agent are shown, here; marwr.d "(p.o.a)" wore paid atls,de etc ciosmq; they are shown here lot Informational purposes and are not nu.luJoe m file tol.ds n N..r....rlrl Ar Mlrnaa r.l &rr.rr,•-- E IWrrw arrrl AlMbess ul $.rll.r F N- a,1J A,"ear ul Lrnaw Michael C. Swanson State Bank of Chanhassen Loan America Financial6000KirkwoodLaneCorporation PLymouth, MN 55442 8100 Oak Lane Miami Lakes, FL 33016 N S.M.-A9.11 Land Title, Inc. 6000 Kirkwood Lane Plymouth, MN 55442 51e 4Y1 LSrltle ,II 0.1. City of Hennepin County 8 Pine Tree Drive, Suite 150 3/27/92 9/1 Hass Lake Shorewood Hills Arden Hills, MN 55112 J. Surtlrtury of ttURIiMX's 1 ruL5ar.'trrn K. Sura nary of Seta's f ransaction 100 Gress Arden! Duo Frurn Bonorwx 400. Gros Aman) Due To Sew 101 Contract sales urtre Of)401. ContraCl Sales pr1CC 115,000.00 102 f'Msl_N_wl property 402. Pcrsutal properly 103 Settlement charges to btarower (tine 1400) 3,446,10 403. 104 Escrow Work CQmvietion 1,4SO,no 404. 105_ _--__ - 405. AopuslmaW for twins ptel by seller in aflVatlA Adpuslmonls for rCms pad W sotlor in aWanco 106 Illy/(eWll taxes -- to 406. City/town taxes to 1UT Comply laze: _-_-_ to 407. County taxes to 108 Assessments _ to 408. Assessments to 109- 409. 110 ___ 410. III _ 411. 12. 412. 120. Grim Aniounl Du: F ran Mwiny, v 121,896.10 420- Gross Anti Duo To Seller 115,000.00 200. A_nlwras Pad By Or In fteiv if Of Berowrx 500. Reductions In Annuunl Duo To Seft 201 Deixpse or earnest money 501. Excess deposit (see insnucliats) 202. Pere,pnii _amount of now Ioantsl 502. Settlement charges to seller (line 1400) 203 Existingbanlsl taken sut>,ect to 503. Existing loan(5) taken subject to 2204-.IiS_Ir.S€c LQ.32. 504. Payoff of first mortgage loan 205. APPli&uce Credit 500,00 505. Payoff of weed mortgage ban 206 506. Assoc. Dues to I/l/93 454.50 207 507.Assts Cert to 92 tax 736,17 208. 506. Water Bill 147.09 509. 19Ql Tayeg to 3/31 3,789 AdtusinrrMs br dans upad by scda JILL Adµstrnonts for do= unpaid by seller 210. City/town taxes to 510. City/lawn lazes 10 211 County taxes _ K)583,77511. County taxes to 1/77/97 583.77 212. Assussmenls to 512. Assessments b 213.__ - 513. 14 514. 215 515. 216. - 516. 217 517. 218. 518. 219 519. 220. Tolal Pad ByiFa Borrower 94,819.89 520- Tolaf Reduction AmolrM Due Self 15,733.59 30_ 0. C_adtAt SutUormil J:rurl/lu Donoi," 600. Cash At Settlement TotFrom Sofia 301 G_rnss ama_unl ,tile Arun borrower (lido 120) 121,896,10 60 1. Gross amount due to seller (lino 420) 302. Loss anentnts 1)anJ by/tot bcrrowrx (tuw 220) 000. 00 602. Less reductions in ant. due seller (fine 520) 15,733.59 303 Cash kkFrllrrn To Bo rower 27,076.21 603. Cash E} To From Soffer 99,266.41 SUBSTITUTE FORM 1099 SELLER STATEMENT The information contained in Blocks E, G, H and I and on line 401 (or, if line 401 is asterisked, lines 403 and 404) is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction will be imposed on you if this item is required to be reported and the IRS determines that it has not been reported. FII: . I •..11A :.1::Il M! Irx; 1 7 1 1 1 H nQ -0 0 to Ed ilia_ -Rea I I Y to FuadS at Foods at Settlement 1113 co"low;S'oo paut '11 settlurne"I 1v Ti t 1 200.00 BILMIt-Ims Pirw": In C—Ax.1-1 W,th Lmlmr; tio i __00011 1, - r,ngn_.Aijipri a_Fjn&nc!jaI He., I".. .% 0000 dy j Am,-,s,il F = to 275-00 P -0-c- 110.1 C,.,Il( Hq-11 to 805 LoMef's Foo lo 0106 Murlg,u3u hlslranru Apphzl[K)o Fee In 1107 Atisump000 Feu to I Hon TaX_ Amp r i ra 72 [)n UiideLw_LLLiag_ rep ta-LnAn ArnprirA FinAnrial i nn on Fu_njinrl 1,7,ep 1-c) Lnan Amprira FinAnrial 10A0 811 D()r,Tmpnt Fep t -o T,oAn Amprirn FinAncial 12900 9M Itimms Rurvximl Ily Legkkx To Be Pail in Advatice 901 I'lle,osl hl.. 1/17/22 10 4 m @ $,)i . nnon no /day fnr days I Is - M) 902._Y_tnun to Insurance Pr otontol for months 10 9_03j - Wald losorance Prt - "olloln for years to 904 Flooll losoallce 11ru,olt.lo to( years to 905 Prnre-gina F- isn-on Loy ll(gxxvus DeMakYJ With Lerxkx l(M I I bl2afll snsuranco'llonills @ S2 29-00 Per ('"All 1092. Mooynge Insuftince mollills @ S per (T"ith IU03 ('ily property We!; months @ $ per imwlh 1004 Coonly fx()j,ofly taxesPLItollths@ $ " 7 266 00 F'llh 1005 Annual Ass,-Ssiitu,lts oloollis @ $ per Inoodl 1006 Hooti lo.-mramx: IlKlodis @ S per 11"'th 1007 f000ltis @ $ per Illanill 1008. MOolhs @ $ per m(xilh 1009 months @ $ Per M011111 1010. olonths @ $ per rflooth 1100. Nil! clun(jus 1107 Setllnnlenl or closln0 lee to T.A n dMj_tjg___2nr! 225-00 1102. Ahs(ract or title Search to r.,nj Title. Tnr- ign no 1103 Title exi"itnatioo to 1104. T1110 oSurancc bmdor to 1105. DW.Lirliont rweparalion In 1106. No(a,V tons to 1107. Allornoy's Joes to ti)clotics above tornnumbers: LTlL(: insurance Ill r.&ad TiflL-. Tnr 3119 90 202-50 Includes above llool ol.olters: 1109 Lioder'srovefage $ 185 . 50 for 592.0 lo_)wnw's uoveraip $ 202.90 for q1 _15 Name- -Sear Cil-LLI-Lalid Title, Tnr- 0 00 to T.ana Titlp. Tnr- 7c nn ARIA FrAo,spment WKJ ,(ander Charges L;'q I j1uCofdln4j fees: 2"'t $ 2-5 0 Mortgage $ 7 c; _ ()(I Releases $ 1202 City/t:000iy laxjsjaljlps: DeLxj Mortgage S 1203. State tax/stamps: Dued S 179 _ r,() Mortgage S 7 1 1 f; 0 7 1 1 An 179 -SO 1L2_04__We_i1_ rprl iLirat inn i _nn 1205 HnIneowny's WarrAnty 145-00 1300. Alkhtxx" Seldanonj Clwxg= 1301. S,,rv,!y 10 1302 Post frislloctlon to 1301--PlaL DrAwiDy. tn T.and Tif1p. Inc- o . Tin 2_04. AP Aid RLduc-At inn on - no 1305 A -K Faqf RefriclPration i -;-;-')n 1400. Total Settleirnmi Charge (enklir on laims 103. Soctlan J and 502, Socfion K) 3,44 6,10710, 022.20 SELLER INSTRUCTIONS If this real estate was your principal residence, file Form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for other transactions, Complete the applicable parts of Form 4797, Form 6252 and/or Scheriule D (For). Michael G. Swanson State Bank of Chanhassen REPORT #4 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Arthur W. Peabody PROPERTY ADDRESS: 1297 Black Oaks Court PID#: 32-118-22-12-0107 LEGAL DESCRIPTION: Lot 1 Block 1 Gleason Northshore 1993 ESTIMATED MARKET VALUE $111,300 1993 REVISED MARKET VALUE $111,300 ISSUE: He is not appealing his value. He had a 9.7% increase in taxes on his property value of $110,500. RECOMMENDATION: I talked with Mr. Peabody and his concern is with tax distribution and mismanagement at all levels of government. If there are things he can do to help hold the line on taxes, please notify him and he will try to meet these needs. His problem is not his 1993 market value. Respectfully submitted, Michael Carroll, CMA Appraiser REPORT #5 1 t 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Peter J. and Patricia A. Riley PROPERTY ADDRESS: 18500 6th Avenue North PID#: 31-118-22-31-0035 LEGAL DESCRIPTION: Lot 34 Block 4 Ferndale North submitted, 1993 ESTIMATED MARKET VALUE 257,500 Nancy Bye, SAMA 1993 REVISED MARKET VALUE 250,000 ISSUE: Mr. Riley purchased his home in April of 1991 for $246,000. He believes his assessed value should be reduced to no more than $246,000 due to the condition of his basement finish and roof. u 0 1 u RECOMMENDATION: Mr. Riley requested and received from staff, a reduction to $247,500 in 1992. The value reduction took into consideration the condition of the home. A sales study of homes similar in style, size, quality, location and amenities was prepared indicating a sale price range between $245,000 to $255,000 (See Comparables). Based on this sales study and the favorable current market condition it is recommended that the 1993 estimated market value be revised to $250,000. Respectfully submitted, xa-xl 44— Nancy Bye, SAMA Senior Appraiser 1993 Board of Review Page 2 Dwelling Style: Two-story Year Built: 1977 Square Feet: 1897 Basement Finish: 600 square feet Fireplaces: 3 Decks: Yes Porch: Screen porch Baths: 4 baths Sale Date: 4-10-91 Sale Price: $246,000 r n n 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #1 PID# 31-118-22-23-0054 Address: 715 Alvarado Lane North Backs up to Ferndale Road) Two story 1982 1576 255,000 06-92 900 square feet Not a walkout basement) 2 None Glazed porch 4 Comparable #2 PID# 31-118-22-23-0015 Address: 18835 8th Avenue North Dwelling Style: Two-story Dwelling Style: Year Built: Year Built: Sale Feet: Square Sale Price: Sale Date: Sale Date: Basement Finish: 600 square feet Fireplaces: Fireplaces: Deck: Yes Porch: Porch: Baths: Two story 1982 1576 255,000 06-92 900 square feet Not a walkout basement) 2 None Glazed porch 4 Comparable #2 PID# 31-118-22-23-0015 Address: 18835 8th Avenue North Dwelling Style: Two-story Year Built: 1978 Sale Square Feet: Price: 1780 245,000 Sale Date: 03-92 Basement finish: 600 square feet Fireplaces: 3 Deck: Yes Porch: Glazed porch Baths: 3 ice- 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 PID# 31-118-22-24-0010 Address: 650 Brockton Lane North Style: Two-storyDwelling Year Built: 1978 Square Feet: 1321 Sale Price: Sale Date: 255,000 05-92 Lakeshore: Hadley Basement Finish: 900 square feet Fireplaces: 2 Deck: Yes Porch: Screen porch Baths: 4 cx)„ ' 67) ( 63) Iw t.n (9) 11... r • , r • t • 171 SALES MAP (16 s -11TH AVE cn, FO Ta >„•, r :. ADDS! b w” l•) „, ' i'i X162) c=.} (xl 3 (7!) I3•) J t11 t • y r Y r ' x(•9)' w• — , (271 \ rn + Li `` f2•)+ ` 1 ' 4. R 13118}~ '»l. , y• (2Sl't •. . M) e e is !. GH74). h y.. fir. .. . • 75): 1291 to ( r • . x(76) y Ise) 'i,4 lAl t \ f561r+ . ' o -' att a( 7615, ( 51 ® . . 60) g • • •r 3 q \ i s `P SS) ` '+' `t O (62) 255,000 06/92 t' lf) qq ,, w tr ,.. •. •' : 3 t (101 6® ' lV (•SI « w 1+ t 16t, IW ( q)•) ®\ '' T` 1m„ < $ 2559000 05/92/ i t s r ll u„ l••i,I• + 1 + rq imp. 1 i( e . • u M) ' +iJr (K) x[20) oaft t » $ 2459000 03/92 - _ AP) y • - - _ i Ri t 7s s• 7L 1 • p,7 (tom h t( n.n i • 7 tl i(7f1; 6 00 j 6tw • t t» r • ` v j « .., (lel 1. 16 r (•' i) - '• t • , t) Q a? !, `spy (77) ,\ si.• WC-711 It e(13)a • t a • • r : t c (x) `rt t!ti. 41)+:+•. ,(•6) - all 17) w.1+. 'L ' , t3) l r jl)O (S31 4 i• t76) fi\ l ti 1 •N.•t l•r ... ')'` a ` , , A ,.. - i SUBJECT- 6'' - (s) ` y (ts) • tf) ( f7) ( s n i'l>e) 'tsl 1r1 1•, 1 • q (r) 1, • t1? IN amp a IL 791 'T) :.0, elf) (10) a (t33. ` , ,( • (tom . R •. "11 I t ,t/ 11.1..• • t; )" ••+ "• Ir1• tom• t1• R AS. ' f D .,+ 4• v x) S•1: ?(I!)ft lt•) (251 (26) l2e) - « ,., r n rt 1" . .... a v. I IAIIC(1R11/1 R1=CIrlFNT1A1 APPRAMAI RFPr)RT File No. 18813 Property Address 18500 6th Ava NO Census Tract LENDER DISCRETIONARY Sale Price USE fChyPiintithCountyHpTingpinStateHNZipCOC1955391 gAg Legal Description Data Mortgage Amount Mortgage Type fb0-10ccupaM Buyer _RIIPXMap Reference 9 3 _ 5 R Sales Price f Date of Sale 4 110 191 PROPERTY FIGHTS APPRAISED C Loan ctarges/concesslons to be paid by seller f IT Fee Simile LeaaMdd Condominium (HUD/VA) FNJ De M4amu* PUD Discount Polis and Paid by Sola Other Concessions fR.E. Taxes f 6225 Tax Yew 9 1 HOA $/Mo. LendwiMen( SA 512? Source LOCATION Urban Suburban Rural NEIGHBORHOOD ANALYSIS Good Avg. Fok Poor u BUILT UP Over 75% 25.75% Under 25% Employment Stablty GROWTH RATE Rapid ® Stable flow Convenience to Employment PROPERTY VALUES Increaskq ®Stable Wtdtrsrg Convarsancl t0 Shopping y: DEMAND/SUPPLY Shortage ®In Balance Over Supply Conversance to Schools MARKETING TIME Under 3 Mos. 33 Moa. Over 6 Mos. Adequacy of Public Transportation FacilitiesE. PRESENT LAND USE % LAND USE CHANGE PREDOMINANT SINGLE FMLY HOUSING Recreation H Single Family 1.00 Not Likely © OCCUPANCY PRICE AGE Adequacy of I1fYtiat S 2-e Family Likely ® Owner © f MM) (yr*) Property CompatabNty O Multi-famly In process ® Terant ® Low a Protection from Detrimental Cond. 0 0 Hlph PolkaCommacW 0 To: Vaunt (OS%) ©4 f Flra Protection Predominant 0 0— Vaunt (over S%) ® Appearance of PropertiesvIntent toll market 7x F1 M M I4 Note: Race or racW composition of the neighborhood we not considered relabie sopraisal factors. CONINIENTS-Tho siibjert is located 18 milcut west of downtown Minneapolis and long -t than I Tni I P frnin Kexpensive homes. Good demand for homes in thin lonatinn, Dimensions 59.91 x 122.82 x 194.56 x 59A8 + 70 x 131.25 Topogra" ,Roar walkout r Sit* Aro 16.900 corner Lot No Size Typical fol^ ZeNng ClaaslncaIOn Regidential, c nYle Family Zoning COMPllanca Yes stupe Trregular HIGHEST i BEST USE: Present Use Yes Other Use No Drainage Good New GoodUTILITIESPublicOtherSITEIMPROVEMENTSTypePublicPrivate tiS Elactriclty© Street Asphalt ® Landscaping Average ms Curb/Gutter Concrete ® Drweway ElAcktop Water Sidewalk None Apparent Easements Sanitary Sower Street Lights Yet ® FEMA Flood Hazed Yes- No Storm Sewer Aley FEMA- fvfap/Zone COMMENTS (Apparent adverse asemento,ene oaehments, special assessments, side eras, etc): ar<. GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION Units Foundation Con. Block Slab None Area Sq. FL 1600 Roof Stories 2 6derlor Wells Gawi Space ftne Finished 187 Ceoing unk 0 Type (Del/Att.) Roof surface Asphalt Basement F1111 Cooing Shaptrork Walls Unk V Design (Style) 2 Sty rU Gutters t Dwn*pts. yeS sump Pump No Was Floor tAsung Yes Window Type Casement Dampness Floes Carpet None NProposed Storm Sash Settlement Outside Entry Ye S Adequacy_ Under Construction No Screens station Energy Efficient Items: Age (Yrs.) 14 Manufactured House O1 Eflecthe Age (Yrs.)10 ROOMS Foyer LNI ng Dining Knchsn Den Forney Rm. Roe. Rm. Bedroom* I Baths Laundry Other Na Sq. FL Basement 0.00 60C Lewd t Lovell 4 00 1_6V 50,00 T Finished arm above grade contains: Rooms: Bedroom(*): Bath(*); 3 5 17 Square Fat of Gross Living Area trarWs/CordNon HEATING HEN P. IMPROVEMENT Good Avg Falr Poor Flows S NOM ofIYCA ySSURCES WaH Fuel rot R Rerg*A>~ © Stals Condition of hmprownents Trim/Finish Condition Disposal © Drop stair Room fhzos/LaYout Bath Floor Geramle Tilp Adequacy Dishwaaha © scuttle Closets and storage dip Bath Wainscot Caramin T41P. COOLING FayHood © Floor Energy EtBcency ft Doors 6 panol Caval Yes Compactor ® Named Pfumbin"dequacy t Candid. Olna WasherlOryer® Finished BecutuMdeWaOy f Condhom Condl Ion Adequacy Microwave ® Intercom MN Kitchen Caban.ta,Adequacy f Cord. Compatibility to Neighborhood Appeal f Marketablty, Fireplace(s) Xasonry 03 0 CAR STORAGE: Garage Attactned Adequate © House Entry No. Cas 2 Carport ® Detached ® Inadequate ® Waldo Entry Estimated Remaining Economic Life 60 Yrs. Condition Good None 0 Built-in MN Electric Door My Basement Entry MN Estimated Remus" Physical Life 60 Yrs. Additional futures. K. C Dapraclatlon (Physlul. furcUOrW and suanW Inadequacies, f"lrs heeded. modemkrAUom eia): S General frwtkOf conditions and prevalence and Impact In ab)act/maket area regarding ban dlscoutc Merest buydowns and concessions: ttIcdnz.x lated aftlt'Kv sunply/demand concessions, 2 - 3 points Are normal. LOCgI relationshin with typical market times ifigrket Conditions constitute under 90 days, It Freddie hoc Form 70 10106 12CK PAC, Rockford IL (515) 965.1866 Farrse 1 7 1 1 Nalustion Section UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 18813 Purpose of Appraisal Is to estimate Market Vskja as defined In the Certification L Statement of I.J." Conditions. BUILDING SKETCH (SHOW GROSS LIVING AREA ABOVE GRADE) ESTIMATED REPRODUCTION COST -NEW- OF IMPROVEMENTS: If for Freddie Mac or Far"s Maashow only square toot calculations and cost approach Dwallin 1 , 517 s%PLOS 60.0 S 211-020commentsinthisspaca. 1wr finsh 60051ci-l"t-011i 12.0 7-200 Firegil it t 1 -SOO T Special Energy Efficient items PortheS. Patios. acPnrnh F. neck 9-000 Garager-arprt 7,992tokkPq.Ft.6S 12.0 Total Estimated Cost New....... ....... 5 249 220 Physical Less Depreciation125,000 Depredated Value of ImproyernarOAL .......... S 224,220 She Imp."as Is"(derbroveyiondscaiplingstc.) S 2,000 ESTIMATED WM VALUE ................. S 40,000 of lis"ahold,show arty leasehold value.) INDICATED VALUE BY COST APPROACH s 266,220 Not Required by -so Mac and Fannie met) Construction Warranty El Yes Ff No Do" property cordo , to spollm W HUD/VA property stanclards? Yea No Name of Warranty Program NO. SNPlahr Not Applinable. Wwway Coverage Expkes Th,undersigned his recited 11;e record "so of opertl.s me subject and has considered these In the market analysis. The description do& a dollar adjug 'a rk I;nd4tP.'On't'.*,'I'attoon'gbel-w n the subject and comparkablegoreg;rtle gnIncard Item In the 0 ble proCarty M4'erfoer cVrg market resc Ion to those ems' ccfa1. p.',y, a minus ( . nt Is made. Unus r*du6 f0, more t eauctaabl. than. the subject ust ng . ca " f spar acagitt djustm.,t W do, than Incres.ing the Indicati'valus 0 theDem = comparable 15 k7lorior o, or less to,torable than, the subject property. a (.f Address Pr"MjtY to subject Sales Price Pr Q&oss LIV. Area Data 60611100' VALUE ADJUSTMENTS X00 6th Ave 18810 8th Ave. No. 17020 - 30th Ave. No 18410 5th Ave. No. plvmnvith pl=outh pl=ntith 00 M i i If" lal nric 246000 i $ guzQ WWWWW' -41, 997 $ W U9 69 A 95 IZ $ 80, 91 $ 7 5 . 5 1 $ 8.68 on emp noN I... I.tAiAdh,.t..rft Fi;iclavnrtN I.I.I& Amh-- Sales or Fkwscft Conventional Conventional Conventional onm one 4 1 1-5 -21 1411 11VI. Comments on Sales; in INDICATED VALUE BY SALES COMPARISON APPROACH ............................................................ 6 237-00 INDICATED VALUE BY INCOME APPROACH (if Applicable) Estimated Market Rent 6 N/A /Mo. a Oro" Rare M~er NIA $N/A Th- sppraNY,M !sdl -81S .18. [—] ")ad to Bell Wake. 8110106WIS, knPactlons or condition, Noted below [3 completion per plans and spectfications. Comments WA Cassell— of Appreload: Salk Niaddo"dum. Z11014111 ast4mate Of market val"A Is haned on the Market data analysis. Ines upwasom w sa vso upon Me &Dove requirements, the COM1110wit and IMILIng C0114110M and Market Value definition 1W are salad In4I, FImHA. HUD Qor VA Instruetkins. Freddie Mac Form 430 (Rov. W/Fsrrk Mae Form 1004a (Rev. TIM) Illed vWth client attachect 19 to be S 237 DO9_L - I'Aj cW* to ON beat Of MY W) MCnViallige and brief the tocts " data used heroin we true and correct ved I twel Personally Inpoctod the subjectproperty' both k%Wd'" Out. Wed have made an wdwkw Irepecdon of ON Comparable sales chod In Oft hopes and that I have rko urasciozed ktwes% prossint Date of Saiamms C 1 2/2/91 6/13/90 1/6/90 Locs"on Ap ier(s)'AIGNATUM Review Appealsor SIGNATURE d Good Good Shomew Go oci-Good Good -Avg, 9000 Good -Avg. 2.000 Good -Good Design and Appeal ty rilstOMT RI -%r ellel-Arn sty custom nty ctistom ouaitty of construction Ond Good 2- 1GOOd 2 stile'ro - O 1 Dot) Age _ 14 13 12 12 Condition Good Good Q=d Above Grade Total 18drmsl Batt;_ToW Bdrms Baths ToW "E iodal Balms Baths c; 1 s; Room Count 9 1 5 1 0_00 1,000 q 01, 000 9 9 n 1,000 Gross Living Area 3,517 Sq.Ft. 2 . 5 8 7 Sq.Ft. 23 25() 2 . 94D Sq.F1. 14,400 3 4()D Sq.Ft. 2ADO Basement & FInIshed Full W.O. Full 3,000 Full W.O. Full W.O. pV Rooms Solo. Grade 2 Rnnm-q 5.000 1 pTnq + hat+ 5_000 4 n_0 Functional Utility Good Good Good Good HestirSiCooling FA A/C FA A/C A/C A/C Gvag port 9 Car att. FA 2 Car att. rar lott, FA A000 3 Car att . -3,000 Fetches. Paw. Screen Porch 3 Seas. Porch 3 5,000 3,000 Porch pools. eta Derek Derk ppek Dark Special Energy Standard StandardtandardS Standard Efficient Items Fkepftce($) tFlrzplmrpI 200 Firop I sing. 9 QQQ 17 Firanlitras Othoo (e.g. kkchm Built -Ina Built -Ins Built -Ins Built -Ins go*. famodel") 4 1 1-5 -21 1411 11VI. Comments on Sales; in INDICATED VALUE BY SALES COMPARISON APPROACH ............................................................ 6 237-00 INDICATED VALUE BY INCOME APPROACH (if Applicable) Estimated Market Rent 6 N/A /Mo. a Oro" Rare M~er NIA $N/A Th- sppraNY,M !sdl -81S .18. [—] ")ad to Bell Wake. 8110106WIS, knPactlons or condition, Noted below [3 completion per plans and spectfications. Comments WA Cassell— of Appreload: Salk Niaddo"dum. Z11014111 ast4mate Of market val"A Is haned on the Market data analysis. Ines upwasom w sa vso upon Me &Dove requirements, the COM1110wit and IMILIng C0114110M and Market Value definition 1W are salad In4I, FImHA. HUD Qor VA Instruetkins. Freddie Mac Form 430 (Rov. W/Fsrrk Mae Form 1004a (Rev. TIM) Illed vWth client attachect 11 . WMATE THE MARKET VALUE'AS DEFINED, OF THE SUBJECT PROPERTY AS OF4j— %--' Al2rll 116 19 to be S 237 DO9_L - I'Aj cW* to ON beat Of MY W) MCnViallige and brief the tocts " data used heroin we true and correct ved I twel Personally Inpoctod the subjectproperty' both k%Wd'" Out. Wed have made an wdwkw Irepecdon of ON Comparable sales chod In Oft hopes and that I have rko urasciozed ktwes% prossintorprospeemNharsh Ap ier(s)'AIGNATUM Review Appealsor SIGNATURE Dld E] Did NetNAMEILA '(W Applicable) NAME inapoct Property ddo MAC Formilfl),IW (U CIL).. PAC, Rockford. IL (m) 965-19" Farvie Mae Form 1001 101H ADDENDUM to 18500 6th Ave. No. Plymouth, MN The subject is located in Ferndale North, just north of the City of Wayzata. This subdivision is unique and comps from the subdivision should be used to best reflect market conditions. The last year only 2 homes in the size and price range of the subject were sold in Ferndale. I had to use 1 sale which is almost 1 year old outside of the subject area. This is comp 2. Comparable #2 is a similar area but inferior lot. Prices have remained stable during the last year for homes of this size and age in Plymouth neighborhoods. The subject is larger than the comps and has (2) 1/2 baths on the main floor. The subject has a fireplace in the master bedroom. The subject sold for 69.95 per square feet. The market rate of the 3 comps is #1 - 80.21, #2 - 75.51, and 43 - 68.68. I consider the e+pSubi-ems with the amenities and size to be superior to any of the comps. the subject sold for $246,000 and market analysis supports 237,000. 0 u PIM-.1wNil" 1% VPZ 1. I I .r•.wir`. x r 1: PIM-.1wNil" 1% VPZ 1. I I .r•.wir`. ri Y -'i Y 3 w. r h..w i;'r!y - . T y,.. a' -, /'3x11-{i..''{%i i}G1. ". "+'•'1 - c,•1:,:; _<_ its_ ...t... ....'..,"'. . j . _ 1% 1. I I .r•.wir`. 1: ri Y -'i Y 3 w. r h..w i;'r!y - . T y,.. a' -, /'3x11-{i..''{%i i}G1. ". "+'•'1 - c,•1:,:; _<_ its_ ...t... ....'..,"'. . j . _ 4 70 !-M'li. lk-P 77W.?M4',q.,, it •'' F ! r jj ' r_G fi• j L.t l M S. I "s•. moi.:. w 3• i ei It mEXPRESS.. Housenrsaster- of America INSPECTION REPORT 1 REPORT NUMBER 1C— 7 3 PROPERTY ADDRESS 6:;If, Ave...,? CLIENT Owner: l4, t,6,, 0 Office: % C14'`T House Style: St tfv z_ Estimated Age (years): Attendees: Inspector: __ h tsf a • t r LlY lu..r { Weather/Temperature:Cfp,ic,. Inspection Date/Time: &I tetSl /z„3;o- 1 INTRODUCTION This report represents the inspection company's professional opinion of the condition of inspected elements of the property as determined during a standard limited -time inspection. This inspection was performed, where applicable, in a manner consistent with standards of the home inspection industry, Terms and Conditions of the Inspection Order Agreement and limitations noted on page 2. Information contained herein was prepared exclusively for the named client and their authorized representative. While due care was exercised in the performance of the indicated services, the Company neither makes representations nor guarantees with respect to latent deficiencies or future conditions as part of the inspection or this report. This report, including the reverse side of each page and any attachments, should be reviewed in its entirety. Any questions about the inspection or report should be resolved prior to title transfer. INSPECTION GUIDELINES — review pertinent comments on reverse side. LD Listing Inspection C Specific Element Inspection New Construction Vacant Property D Relocation Inspection C Condominium/Cooperative Element Sampling >,Owner Comment c, 1990 HouseMaster of America Inc IR24-7 1 of EXPRESS, of se erica ar INSPECTION REPORT ROOFING & EXTERIOR ELEMENTS MAIN ROOFING: Sloped Low Sloe Flat Est. Age <f yrs. Est. Orig. Life n u' P 9 Y g e Spa to yrs. Asphalt Wood Slate El Composition El Tile Cement &W, Shingle _1 Built-up Roll Sheeting Metal Single Ply Not Determined Inspection Method: From Ground Binoculars At Eave 4 Walked On ADDITIONAL ROOFS: Type: k1z& f Age - Location -aiy,- i ' A.- st. Orig. Life Span _IC to ` -0 yrs. Type: Age Location Est. Orig. Life Span 1,6 to z<- yrs. 0 4-7 CHIMNEY TYPE: 9 -Multiple Units ;,XBrick Masonry PL Metal LJ SIDING TYPE: Wood Aluminum Vinyl Brick Hardboard Composition Stucco Not Determined.W. Lrg-gut PORCHES/DECKS: Multiple Units Masonry i i Wood Frame Enclosed STORMS/SCREENS: 9 Double Glazed Single Glazed Mixed Type Combo Storms/Screens Screens Storms ' Predominate Type (Spot Check) e 0 ELEMENTS G oQ ` Q' P v° ' INSPECTOR COMMENTS ROOFS 1 1 0 6000000 0101010 0 0 0 0 0 0 0 0 0 0 0 000 0 0 0 0 0 0 MAIN ROOF COVER GUTTERS DOWNSPOUTS MY+r//,, Ci'rl / O gLr %) /L .?GNt'. 19/'!'..rs.1f/it a i"i<r>. f. -f f , Cr. EXTERIOR ELEMENTS 1 0 0 0 0 0 0 0 0 010 0 0 0 0 0 0 0 0 0.0.0 0 0 0 0 0 0 0 0 Jo f.. r; wsh's" ti*r = 4•' b l,r CHIMNEYS SIDING F.E'kx^r Y -d •.-_•{/ tt•els 4.ri«ic.v=,.rr.:, UN7N lrf {.I L LIs''Al/.M/a/wf!!- 'ILiY p (4 •tis'1L FASCIA/SOFFIT j f"'-''r br=t" S,GI tic , 4,1)A; 0 r r, N l.lcv APPURTENANCES 0 0# 0 0000000 0000000 0 101010 J 0 0 0 0 0 0 0 0 0 0 i 0 0 0 0 1010! 0 0 0 PORCH 4`7r c6 DECK 1 uA;L4 m ;. STAIRS/STOOP REVIEW reverse side for general information and pertinent comments on the following items: Multiple Layers Wood Roofing D Low/Flat Roofs AComposite Siding Roof Slope Slate Roofing Roof Drain Provisions Wood -Soil Contact Built-in Gutters/Drains :j Tile Roofing D Chimney Height/Clearance ouble Glazed Units Downspout Into Ground Cement (Asbestos) :3 Flue Interior kylights t 1990HouscMasterof America Inc. ROOFING/EXTERIOR ELEMENTS 3 XPRESS, Housemaster INSPECTION REPORT GARAGE AND SITE ELEMENTS GARAGE: None 7 -,Attached Detached Semi -Detached Under House Carport PWultiple Car ( '-- ) Obstructions/Limitations: i f/, 12 IT e7-4 s House/Garage Frame Cover: None Incomplete ,Present PATIO: Concrete Brick/Pavers Flagstone A,'A WALKWAYS: R Concrete Brick/Pavers Flagstone Slate DRIVEWAY: Concrete Unpaved D9,Asphalt Gravel RETAINING WALL: Concrete Block Brick XWood Timber A' ELEMENTS INSPECTOR COMMENTSPG Q p QQ GrG GARAGE OVERALL STRUCTURE 0 O O O O O O `'' "' ``' "" }'• ''" t'I" "-' "'Y"` ROOFING 0 0 N 0 0 0 0 L'zKt7 FLOOR O O O O O O DOOR (VEHICLE) 0 j 0 0 0 O 0 tA;E vt_'cX 440ZA774 Sa1rcTY 1Vti:7sLS T17 IL77 0000000 0000000 SITE ELEMENTS PATIO 000,E O O WALKS 0 a 0 0 0 0 0 0 DRIVEWAY p O O O O O 0 RETAINING WALL 4 0 O J O O oo,C-rzi<<.5- 6r!„•l i:.. L - w< -!/s GRADE AT HOUSE 0 C O 0 v O O ''' `,/ /o"' `Y.,~ -ss. SL •, cj/ ?r</.> `i-r- < to= ' PROPERTYGRADING ® 0 0 O 0 O O 0000000 ADDITIONAL COMMENTS: REVIEW reverse side for general information and pertinent comments on the following items: Garage Obstructions - Garage/House Separation ><Grading Provisions = Piles Garage Door Opener - Site Elements Run -Off - Expansive Clay f 1990HouseMasierofAmerica Inc. GARAGE/SITE ELEMENTS 5 EXPRESS. Mousemtaster INSPECTION REPORT ATTIC AND INTERIOR ELEMENTS ATTIC: Type: None Not Determined Partially Finished Finished Multiple Areas Inspection Method: Inaccessible Limited Access From Entry KEntered C Obstructions/Limitations: ZA-AZ Amu: Insulation: None Visible Blanket 9 Loose Not Determined Amount/Location: 1-2" 1 i-.,- FIREPLACE: yFIREPLACE: None E. Multiple units 9 Brick Stone Metal %Metal -lined Not Determined Decorative Only Wood/Coal Stove — Not Inspected WINDOWS': Double Hung Casement Sliders ICONSTRUCTION: Wood Frame Masonry Not Determined L C, 0v O ELEMENTS 4Pc, 0P 1< Qo P G? O` Predominant Type INSPECTOR COMMENTS ATTIC 0 0 40 0 0 0000000 0000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0® 0 0 0 0 0 0 0 0 0 0 0 0 0 0 A O 57 c FRAMING S fAr, -' ft7 <r7h H' 61; ,QT -7`1HL=- SHEATHING Spaced Sheathing VENTILATION EXHAUST FAN WHOLE HOUSE FAN INTERIOR It It 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 0 0 0 0 0]_0 0 0 0 0 0 0 0 1 0 I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o o ry 5st'vtN,5«c rt t t,:1`-t, s tA, /-tts Z Gt O s 7 fl'7a. c c-LTr Ci CEILINGS WALLS FLOORS STAIRS WINDOWS' 1CA-.rc>s PC-FL—erl* Al 5;C -At -j06 DOORS' Kiscci• Nts.....q- S P wrn-+A-Z" , n, c; FIREPLACE t w.Klc>.nu5 kf H F+P.4ccT iict t M I %5't'c I' P Randomspot check REVIEW reverse side for general information and pertinent comments on the following items: Attic Obstructions Wood Shingle under Asphalt Insulation Between Rafters i Ceiling Materials Truss Construction ChimneyNent Framing Clearance Vapor Barriers Old Plaster Sheathing Deterioration Ventilation Provisions i Insulation/Light Fixtures i Fireplace Draft Spaced Sheathing Exhaust Vent Termination D Roof Leakage Xnsert/Stoves 9 1990 HouseMaster of Amenca Inc. ATTICANTERIOR ELEMENTS 7 EXPRESSTM Housemaster o4Ameri[ai INSPECTION REPORT KITCHEN AND BATHROOMS n 11 C n M1 Amo ELEMENTS P eP OGP < i' G OSP . GAG C\ G/ INSPECTOR COMMENTS KITCHEN 0 0 0 0 0 t f" a 0 0 0 0 f 0 0 0 0 0 0 01 0 0 0 0 0 0 0 0 0 0101 0 0 0 0 0 0 0 0 0 O 0 0 f 0 0 0 0 01 0 0 0.0 0 00 0 0 0 0 010 0 O 0 0 0 0 0 PLUMBING/SINK FLOOR(ING) RANGE/OVEN (lot )~ G`. t`' L s `T`L,iivc t f% i RANGE( )' OVEN( )• DISHWASHER( 14 )' DISPOSAL( lir )' RANGE FAN CABINET EXTERIOR COUNTERTOP Note: Estimated Appliance Ages BATHROOM(f k)N tt*A-) 0 0000000 0 0 0000000 9 000000 0 6 It 0 0 10 0 0 0 0 0 0 0 0 0 1 0 00 0 0 0 0 0 0 0 0 10 0 0 0 0 0 0 0 0 13 0 0 0 0 0 0 0 0 0 10 0 00 0 0 0 00 0 0 0 10 0 0 0 0 0 0- 0 FIXTURES TILE BATHROOM (AI,tI)r FIXTURES TILE BATHROOM( FIXTURES `" TILE BATHROOM ().141" FIXTURES TILE REVIEW reverse side for general information and pertinent comments on the following items: Whirlpools, Hot Tubs, etc. O Old Style Traps Toilet Seal Water Flow Shower Pan :D Old Fixtures/Faucets Tilework E Drainage i1990HousetAasterofAmerica Inc KITCHEN/BATHROOM 9 EXPRESS... HouseMasterof Arr*rica INSPECTION REPORT FOUNDATION ELEMENTS HOUSE SLAB: XNone Full Partial Carpeted/Floor Cover Not Determined BASEMENT Type: None .V, Full Finished Part Finished Walls: ,KBlock Concrete Brick Stone Not Determined Obstructions/Limitations: !2n,t4I--P-2,vg jjcw hriZj 5 Insulation: Type/Amount: AG^1 Location: 4m,, Ystt, Not Determined CRAWL SPACE: Type: A None Full House Multiple Areas Limited Clearance Walls: Block Concrete Brick Stone Open Pier Not Determined Inspection Method: Inaccessible Limited Access From Entry Entered Obstructions/Limitations: Insulation: Type/Amount: Location: Not Determined L I A WATER PENETRATION ( No Seepage )k Damp Wet) at Time of Inspection. $ Evidence of Prior Penetration CRAIVL SPACEFOUNDATION Q Q Q Q 0000000 Q Q Q 0160 Q Q Q Q Q Q Q Q 0 0 0 Q 00 00 Q Q ELEMENTS WALLSWALLS A PIERS/COLUMNS C, G G J INSPECTOR COMMENTSINSPECTOR FRAMING r D lU c X Qom; Q Ger QQ VENTILATION HOUSE SLAB MAIN AREA Q Q Q 0 0 0000 BASEMENT FOUNDATION WALLS J Q Q Q 0 0 0 PIERS/COLUMNS Q Q Q 0 Q Q FRAMING Q Q Q Q Q Q MAIN BEAM(S) Q Q Q Q Q Q STAIRS a 0 0 0 0 0 0 FLOOR S Q Q Q 0 Q Q 0 0 0 0 0.0 0 L I A WATER PENETRATION ( No Seepage )k Damp Wet) at Time of Inspection. $ Evidence of Prior Penetration CRAIVL SPACEFOUNDATION Q Q Q Q 0000000 Q Q Q 0160 Q Q Q Q Q Q Q Q 0 0 0 Q 00 00 Q Q WALLSWALLS PIERS/COLUMNS FRAMING r D lU c X Qom; MAIN BEAM(S) VENTILATION WATER PENETRATION ( No Seepage Damp Wet) at Time of Inspection. Evidence of Prior Penetration REVIEW reverse side for general information and pertinent comments on the following items: Slab Construction ::i Crawl Space Obstructions Screw Jack/Adjustable Wood Destroying Slab/Grade Beam D Crawl Space Floor Columns Insect Treatment Stone/Brick Foundation .i Horizontal Cracks :D Balloon Framing Wood Destroying Sump Pump = Substantial Lateral Movement Insect Damage 1990 House'dasterof America Inc. SLAB/BASEMENT/CRAWL SPACE 11 A'PRESS T M of AmericaseMaster INSPECTION REPORT ELECTRICAL AND PLUMBING SYSTEMS ELECTRICAL: Panel Capacity:. IEDD Amps 120/240 Volt 120 Volt ;Location: Type Panel: ACircuit Breaker use Main Disconnect: (Lz22Amps) None Service Line: ,44,Aluminum Copper Not Determined PSUnderground Overhead Major Appliance/240 Volt Lines: ».Aluminum KCopper Not Determined Household Circuit Wiring: Aluminum b5 -Copper Not Determined Ground Fault Circuit Interrupter(s): bkPresent Multiple Units None Observed PLUMBING: Water Supply Was Represented To Be* A.Public Private — Not Checked Private—See Pertinent Section Not Determined Disposal System Was Represented To Be': ,,,Public Private— Not Checked Private — See Pertinent Section Not Determined Water Piping: Mixed X -Copper Galvanized Plastic Lead Brass Not Determined Shut off/Meter: inti L. K -N Waste/Drain Lines: Mixed Copper Galvanized XPlastic Cast Iron Not Determined WATER HEATER: Manufacturer: i1 .e -cti, Est. Capacity: .7.CGallons Multiple Systems Type: 2,_ as Electric Oil Solar —Not Inspected LP -Propane Off Boiler 7 Tankless Estimated Age yrs. Est. Orig Life Span 10 to I z yrs. Confirm Prior To Closing ELEMENTS°° Q Q° PO INSPECTOR COMMENTS 0 0 J ELECTRICAL O O 0 a 0 0 0 0 O O 0 O O JJ0 O O 0 O O O Pressure Reducing Valve MAIN PANEL A') -O"j tlPC bC'z -t7,:;0'f L iw.t w.K fCLa.'r C?soc. T; 'Ve--iACL471 WIRING/DEVICES' L'E'tft rf Y tinc c iN ( Gam' 7 '- /Llvc= OL TL !1 Grounding Provisions K i 7, ` .'t 4_"1> !ti' relc N Al.: I' n),, Qpresentative Components PLUMBING Qj Q 0 0 0 0 0 0 O 0 0 0 0 O 0 0 0 O O 0 0 0 O O 0 0 0 O O 0 0 0 WATER PIPING WATER FLOW DRAINIWASTE PIPE FIXTURE DRAINAGE GAS PIPING WATER HEATER O O O O OUNIT v c'wrf Com , 47"17, REVIEW reverse side for general information and pertinent comments on the following items: Aluminum Household Wire Knob & Tube Wiring Plastic Water Piping Circuit Separation i Low Voltage Lighting System o Separate Electric H/W Meter Panel Condition Pressure Reducing Valve Hot Water Off Boiler/Tankless Receptacle Polarity Mixed Water Piping Solar Hot Water Grounding Provisions D Gas Piping Concerns LP Water Heater Z,1B90HouseMasterofAmerica Inc . ELECTRICAL/PLUMBING/HOT WATER 13 ELEMENTS XPRESS. 0 0 0 0 0 of s America r INSPECTION REPORT 0 0® 0 0 C o P P QP QO ir 20 20 04 HEATING AND COOLING SYSTEMS HEATING: Manufacturer: 44<1K Multiple Systems 0 Type: _XHot Air Hot Water Steam Radiant Baseboard Units 0 Heat Pump — See COOLING also Space Heaters Not Determined ti`s DrrN Fuel: i Gas J Electric Oil Solar — Not Inspected Wood — Not Inspected 0 C LP -Propane 0 Estimated Age:1_ yrs. Est. Original Life Span r ti— to ZC yrs. Source: Individual Room c d Exceptions: 0 COOLING: Manufacturer: r<--ti-,_ Multiple Systems BOILER Type: OZentral 6 Electric Gas Evaporative Heat Pump Built -In Wall Units Not Determined 0* Estimated Age: I ft yrs. Est. Original Life Span I Lt>_ to I %__ yrs. 0 Source: Individual Room C.l4,,tv4/ Exceptions: ELEMENTS t 0 0 0 f 0 0 0 0 0 QQ\`' 0 0® 0 0 C o P P QP QO ir 20 20 04 HEATING )_v.ti 0 0 0 0 0 0 ti`s DrrN FURNACE 0 0 0 0 0 0 0 BOILER 010 0 0* 0 0 HEATHEATPUMPMODE 1010 10 10101010 RESISTANCE HEAT 0 0 0 0 a 0 0 r-1 l-TCn L- a BURNER 0 q' 0 0 0 00 C r2 BLOWER 0 4 0 0 0 00 V7 Dr CIRCULATOR PUMP 10 0 0 0 0 0 INSPECTOR COMMENTS DUCTWORK t 0 0 0 f 0 0 0 0 0 0 0 0 0 0 0 0® 0 0 C 0 Q 0 0 0 0 0 0 0 0 0 0 0 0 HEATING PIPE RADIATORS FUELTANK Z } U r'i'z COOLING HEAT PUMP OpLING DE COMPRESSOR/ CONDENSER DUCTWORK BUILT-IN WALL UNIT REVIEW reverse side for general information and pertinent comments on the following items: Heat Exchanger Condition = Radiant Hot Water Vent Damper :3 Buried Fuel Tank In -Slab Ductwork = LP Gas Unit ] High Efficiency Unit :: Cold Weather Check of Cooling Heat Pump = Steam System Solar System :i Window Unit(s) rt990HouseMasterofAmerica Inc. HEATING/COOLING 15 HouseMaster sof America INSPECTION REPORT OWNER'S QUESTIONNAIRE - HISTORY OF PROPERTY 1 1. Are you the owner tenant. Full name : 2. How old is house: yrs. Don't know. Any additions: 3. How long have you lived here: yrs. yrs. Don't know. ROOFING 4. How old is main roof: yrs. Don't know Other areas: 5. Have you had any leaks or problems: No Yes. When and where: HEATING yrs. Don't know 6. What type heating do you have: Number: Age: 7. Have you had any heating problems: No Yes. Explain: Last Servicing: 8. Do you have any habitable areas that don't have a heat source: No O Yes. Where: COOLING 9. Do you have central air: = No :: Yes. Are there any areas without cooling input: No ED Yes. Number: Age:. 10. Have you had any cooling problems: No Yes. Explain: Last Servicing: ELECTRICAL 11. Are you aware of any aluminum wiring in the house: No Yes. Don't know 12. Have you had any electrical problems or work done on system: No Yes. Explain: PLUMBING 13. How is water supplied: = Municipal or Public 11 Well O Other: 14. What is your waste system: Municipal or Public Septic Cesspool Other: 15. (If private sewage,) have you had any problems or done any repairs: No Yes. Explain: _ Date of last pumping: 16. (If private water,) have you had any system problems: No Yes. Explain: Age of pump/tank: Last Water Analysis: 17. Have you had any water pressure. quality, volume or drainage problems: No Yes. Explain: Results: Yrs: Yrs. f 18. Are you aware of any plumbing leaks including shower stalls: _7 No r' Yes. When and where: HOT WATER 19. How do you generate your hot water: Separate heater Off boiler Solar Other: Age: 20. Have you had any problems with the amount and/or temperature of the hot water: No Yes. Explain: WOOD DESTROYING INSECTS 21. Are you aware of any present or past wood destroying insects: No Yes. When and Where: Was damage (if any) repaired No Yes. Explain: 22. Has the house been treated for wood destroying insects: No Yes. When and by whom: 23. Have you had any air quality problems due to insect treatment: No Yes. Explain: WATER PENETRATION 24. Have you ever had any water in basement, crawl space or lower level: No Yes. When and where: No Yes. When by25. Have you had any waterproofing done: In and whom: t 26. MISCELLANEOUS Are you aware of any foam insulation in exterior walls: No Yes. Type: 27. If you have a pool,) have you had any structural, leakage or equipment problems: No Yes. When and where: 28. If there is a fireplace, insert or wood/coal burning stove,) have you had any problems: No o Yes. Explain 29. How old are the kitchen appliances which are remaining: Range Oven Dishwasher Disposal Compactor Other appliances . Any current problems: c No Yes. Explain: 30. Are you aware of any high levels or other concerns related to air, water or material content in this house, such as asbestos, radon, or lead paint. No Yes. Explain: 31. Are you aware of any other pastor present conditions which may have affected the habitability or structural stability of this property: No Yes. Explain: 32. Have you made any significant structural or system repairs or changes in the time you have owned the house: No Yes. Explain: 33. Other Comments: D Owner declined to provide information at time of inspection. 1KOwner not available to answer this questionnaire. We recommend that all questionable areas or unansi frect, questions be reviewed with the homeowner. Signature E -)19W House Master of America Inc. Date: HOMEOWNER QUESTIONNAIRE r F 1 REPORT #6 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Gary Medin PROPERTY ADDRESS: 680 Windemere Curve PID#: 35-118-22-23-0019 LEGAL DESCRIPTION: Lot 19 Block 1 Gleanloch 1993 ESTIMATED MARKET VALUE 1993 REVISED MARKET VALUE 118,700 No Change ISSUE: The property owner objected to his value increase of 8% over last year. RECOMMENDATION: The owner, a realtor, provided computer sheets of comparables, but many were not considered because of differences in the houses or the lots. Mr. Medin has a wild- life area of city -owned right-of-way running behind his lot, which gives him a tranquil and private backyard. After reviewing the property, it is recommended the value remain unchanged. Respectfully submitted, Joan COr ick, CMA Appraiser 1993 :Board of Review Page 2 Dwelling Style: Split-level Year :Built: 1976 Square Feet: 1180 Backyard (including city -owned right-ofway) Front View Rear View LIM Comparable #1 PID# 35-118-22-23-0025 Address: 935 Windemere Curve Dwelling Style: Split-level Year Built: 1975 Square Feet: 1186 Sale ]Price: 139,900 Sale Date: 09-92 Comparable #2 PID# 31-118-22-44-0049 Address: 17625 3rd Avenue North Dwelling Style: Split-level Year Built: 1981 Square Feet: 1180 Sale Price: $139 Sale Date: 01-9 900 2 1993 BOARD OF REVIEW MARKET COMPARISONS 1993 BOARD OF REVIEW MARKET COMPARISONS 1 Comparable #3 PID# 35-118-22-22-0001 1 Address: 1030 Pineview Lane 1 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Split-level 1 Year Built: 1976 Square Feet: 1237 Sale Price: 135,000 1 Sale Date: 09-92 1 i 1 1 1 1 1 1 1 1 1993 BOARD OF REVIEW MARKET COMPARISONS 47) All, rL v tag g u n—vu MAUAYA-66 Oil T-1 2554-20 RES 35) 29) (37) 13) ZL ki aC N olsTma IS + 4,W.. 8- 02.0 So 224A ., (4 22) A) 24) 25)g q7.1s (26) 17, 1 M 41 12i22.9, ee (27) D vm, .0 43170MTO KL SJMIg/OtK AVE Ns 36) EITH 25) 35) (7) ) , 7 625 ? 4 J 29) F(2"5 2) ry6 6 S, (26) 3) AV AVE N 77.9i' Go9) 3) (20) 3( 2D) (; 2) 3) W. To ( 40) 29) 21) ILA. 11, *4 175 w 3 200 (30) 50) 4 4) TO-49 :AR22 -3*6) 23) 13) 35 22.34 (311 777. W5. ; 4 17)1 (4) 5) N 43) IT 'A T) 1516) Y 6a 7 (44) W-6 .00 29) pi w ( 47) (46) (445)5) 40) 19) so ST. V. Ll K 54) 7 20) (19) W.Im - 2 Comp 2 10) 49) 7) 48) (2) A 22 6 (24) 4 4 ( 23) o iT) (12) 11 Q (47) ma 3) 16) C/) (45) (27( 26)) fts. I >aUZI (14) 0, 1) :HARMON 5 14 06) C) 4A (3 14) 43) IT) ( 56) 12 nm 39) .2 T4 Z 4 (44) ss 2 (26) MOODS 235 — 46) '145) 11 nC> p --------- n38 37) a (14) 50) ol IT 19 n.71 0 % , g to 22) 40 6) R M." T 4C I35) 1 33 12) 34 110 74.5 Is I RDRAN........392 RANG 1119.35 70a) 16 loo — 2 1.k- 4 , l. (3) . z TllT I — 04) 4) - 3 6) I; 17) 4 Im S112 SEC 1 til ;:::.:T 259186 RES 0 1.8 IV (2'6) 10) (40) IT -9 10 9) (4) A M—... e. (27) i '0.65 at& (42 n 57) µ1 S. 5` 14 30 40) 2 M 24) Is C==a gZ , 56 (38) 31 P, $04.64 28) 12 12n5555 9 30) U- i 37 133 5 & 36 19) 2. 2z) , 32) 10) X 54) • 12) yR (29) MA .. W- 53) (43)(28) 6 27) ( 60) 590 t 11 0 9 44) 9 /V p ( 26) le -. 41 •..17.6 2o& 51) 2 12 18) 29.2 ( 33) 4 ( 12 25) –(59) ( 15 50) ( 4 19) 262.5 141' 1122) L 4166) 1 21) 49) (46) z9zu. is ZZ9. 5 1 T4 48 -3) 22) 2' 17) CD C, >±; (5) TZ C) 11TH AVE N T V241. 10 10 tm ( 10 3t 1. 5 6 T 2 w. 5 4 (6) 7) (a) 2.155 190 30 Omp 3 . 10 4) d1. 6) 10tZ T S T' 7) 3210 22D 0 ' o CO o' o 11. m 67. a 119.33 '.5 117,55 1.1. EAS7 273 4w 3 7 424., Fa Rn OF M ft W9 SEE 4/27IZ5 M 7) fj) P-XXEOI sur I-N f LIW W SE4 4) 3 ( 6) 4L sag*."SIE 15". 91 RAVEWOOD r st RD u) 1(251 S ( 161 a (27) (112) 10 14 112. f2g) a . . 1 13 44c3o) 8) . A 2, 3)4 I11e soo 42) ( 14) RESDEN RD µ (15) m 39) 211 (32) IF (15) 1.0.07 r r .0 92. 99z 33) jP.( 16) 3 4) o) 29( 38)'- 30 ( 36 5) - W, 52 23 222, ( m) & 0024) 22) (23) ( 21) 19) QZ, IS 9. 13 46) Ouq Or 47) A 1p MCA W-2010T. 6TH AVE N F) T H i AVF Is.8 . REPORT #7 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Melvin Schmidt PROPERTY ADDRESS: 4315 Fernbrook Lane PID#: 16-118-22-11-0002 LEGAL DESCRIPTION: LLS16QQ110002 1993 ESTIMATED MARKET VALUE $61,500 1993 REVISED MARKET VALUE No Change ISSUE: Mr. Schmidt's home is 44 years old and he believes the value should be reduced. City sewer and water are not available to his property at this time. RECOMMENDATION: Mr. Schmidt's house and land value have previously been lowered in consideration of the fact that he has no city sewer and water; therefore, no change is recommended. Respectfully submitted, Joan McCormick, CMA Appraiser 1993 Board of Review Page 2 Dwelling Style: Rambler Year Built: 1955 Square Feet: 1024 Comparable #1 PID# 26-118-22-22-0064 Address: 12500 24th Avenue North 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Rambler Year Built: 1947 Square Feet: 792 Sale Price: 68,500 Sale Date: 08-92 Comparable #2 PID# 18-118-22-41-0004 Address: 3950 County Road No 101 No city sewer or water) Style: RamblerDwelling Year Built: 1950 Square Feet: 1120 Sale Price: Sale :Date: 62,500 07-91 1993 BOARD OF REVIEW MARKET COMPARISONS H 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #31. PID# 26-118-22-22-0061 Address: 12530 24th Avenue North No city sewer or water) Dwelling Style: Dwelling Style: Rambler Year Built: Year Built: 1955 Square Feet: Square Feet: 843 Price: Sale Price: 66,000 Sale Date: 01-90 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #4 PID# 18-118-22-12-0015 Address: 18130 State Highway No. 55 No city sewer or water) Dwelling Style: Rambler Year Built: 1964 Square Feet: 1416 Price: 88,000Sale Sale Date: 08-92 Oa m- 22 Pd lOoNJ 140 1 nes 9 TO ( 2611.70 RES ai s 1 ' Y"vy ro t e T i, r r, • tr.r - 1} 9 1Y 12)n^r.. "•1z 1..1 d ESTATES aE yh•b a 4 q. a(sal ( IS) (30) o (36) AE CONOOVINIW TYREtll FIRST ADDS!) 1M.66 s_ orwor e i p.. 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' 13' S(2) ? ' r+ ps( 57) 4"SP.Q. }!.'S(5J S tris :a. 1' •10 ` Yeep 3•r y 6 r dI1l01 E Is• r•\ 43)e?10 (55) UIt11 (53) jrAa•. + ' - ( 52) 12 F Rst..PA 1.1y ° ro.r _ t1 1 _ -( 51) ° (46) NS)- t•aYs t T a ) Tr•r•nr 14 e 6 s s (32) 3(23) ll n i 1p ibe. i , OO1lOT Y W 1'31) b"• ..1 r. •( 24) 3 (9) "(47)a (46) (56) B ) 1 A6 4 - 39) t .,4 .e9 16e, 20loo see•», I 30 .0 40) . T = 46 $ . (25) (61 no 61 asp f t (27) (26) NI) r1 `1, t ( 28) •_ s 4 (10) (9) (2) r1s x°911 x(30) '' A . 7 }} 135) ` 1.` to (31 ', IR 1N R _ t• Y _ q . p01, 91 i 215. 5/ 11.3 Nm ® IY ®bN H®i0 T QprlOr 65) 6 c 1.•„9.B "r `.` _ - ( 20) 8^ 370 1 1 ae.39 :. A.rr 1 (5B) (6) fir 59) (30) sr (29) ( w Yo 64135sl. 3sl9 n1 ( 3) 75 '),. S } M•n'XE 110 • Z _ ee1t , so • N 11 tr 4 y t S "} 60) ,m5 * = v 3e °, hl19 7(21)Ac a (16) A ) R (61) (57) K 7 (31) - (32) - 'D "40 S : J 00C No 5u3510 3 les rs us}M us.n (/) 68) (629.0. 1 rti4r ( 56) - z'A , 1 : 415T Is_ e..s6 DOC 1.0 67) a (> t\ ` 1- ( 61160 i M i '7_ r^•-%. 19sV-' 6.] S6St:. 1=_ ( 27) J, ( 5) 153 : 6) 21) (25) .4 y_J_•- g 1. 10 o"a _ se.n sev-ss•3rE _ (23) - - (u) 1• 1.32 NI 12 000 0 0 6 ......._ 2620.75 RES _..... GOVT LOT 1 q 17 q IS qqK el ( qJ UI) (76) m> (ae) (sn 1115 VALLEY R ST 21) - z ii zoR,e e n u ) Ud) - (e0) - (39) rl SC ix. ul 1 - (ez) 7• (n <7: (q z ' c n tIm z , e 1 1 s : n 121 tl t )11 Ile a6Ffl.._3D 1p) Doc w uw pdibIW1 , D i 9 i 9. 'oo b T—IOi 11.3. d0 so eo so so eo e0 (q n e0 ` ro i a. i 9 e i. i 1fJ•ar z 1 1{ a IS la n li 11 q 9 $ " 5) (!) ciu -lx) (ro> (w) '(n) —lu t19 'no p(i) .tl:) _ .(e- lo...... a 8 ( Iz) DK 10 11) (l0 (117) (7) (6) (5) (e) (3) (2) (1) S . IT zz n 2. JtIi. n3 ee p eD e0 eo fexo ) ( eiae) a<33 7 1 _ x - zi •xE- g 31 (32) m; t!) s iai 25TH AVE N eo eso e zI 20 2i (22) 25)(2li7 3 2b7 6S)h 4 n F q y (az) x(7. 9) (6) iuJ)RI sf z < - s• e v 14 n.3 a 1 eo l) - o _ p ,p ice"' R -( le loo t, zl .' 4 ` nu. E _qComp1 ... 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Q 7: t, Nt6) o Sapp w u 4 SH.e 79 60 1 t5) ( 21) Rae ....._.. 4 ie) 16) 1 ( 23) I (1) a ........ szae .... z a e 11) ( 24) W .. 1 . a,. 13) (4) S:a.e ...... 6) 8 5 Y 5 8 (10) (9) I _ .. SN.e .. .. .. 7Z..6 ' ro -is PLVDAGUYU-40 STORK SEINER DISTRICT BOUNDARY SCHOOL DISTRICT BOUNDARY I1WE P ................... TIATERSNED DISTRICT BOUNDARY INCREMENT BOUNDARY L<? HENNEPIN COUNTY, MINNESOTA BUREAU OF PUBLIC SERVICE DEPARTMENT CF PROPERTY TAX AND PUBLICRECCROS SURVEY 01VISICN N112 SEC. 2620.35 KS GOVT LOT 1 26).14 q 1) q Is q p 91 L(40) m. 42 1 42 1 42 1 471 kit 1 prVALLEYti5T (. . 17) .>l•Ya21''(39)9IRic f--TT'I»10t 1 1, 131 6 T Y > ETFI "a ° Q33 aoc o 321 a , 100 iso 14r1.3. a0 a0 p b 40 go p 60 oeo ` aor•err _ > ,9tc ' ( 7qI) -(M) (ro) (NI (I» C N) (IA '(w) 8 1 .(12) 3 - ...._. •J t90 $ 12) 105) () E` d(n) car l0 ( (n) i 7 tl r 1 7> ( 117) (7) (6) (5) U) {3) (2) (I) 116)- 1. i me, 1p 7 <o s e 67 (7) <:n _(m (NI _(:r (m (7m (x) (p) 73 6(361 '(u) '(mks 71.5 6o a0 b p eo n e0 « n) _ Io 1 a 25TH AVE N s e On . tr93 `...•f7o._ •' (96) FA:' o zo z1 (22) 1 Ie IT JiLF.(;) i '(il •(76) '(191) '(t2 '(nr - 1 a 8 7 6 . 3g(1'4 a''P ( e) ( sl)( a) jp)F (rof t.*) _ (.1) AMsoaua0a080 lo) (11 (9) '(911 R(9) R(Im _(jp)k <65) (6f) , aao'• ls• ,A ` ilr, + i.s eo eo m eo u e0 Iq eo - '' q.,A (a1) 7Jr.-" vs : 9 (r1: t L, -'•! x.,04• 3-,: ., . «'. « ssrr — WE iq M.a fn 179 C J '- ;7 y. i- _` - `dr Z w Uo1 > •` S : a•... 2a t«) s •'(ael ,r t'O tm1 i- _ (99 a 961 s 1/) „ o Jr 59) Q ----- ,S, ( 2) _'.•Ifr1. PQ :r •+ s g , ess >,' •:. , 1+ rrr u+ _ nq Is f >3 _ oa ( s , (.m 70) (71) 1 /qo In c _ (75) S_ G :i. i , 7<w r RJB , « g., a 1, • * « Imla IaY'l0"324.6a!203 0 (72) t 5 2m :. 9Pdl ( Ili)N tl P ( f. i 7 n '7 /n a 77.r' 2 , (201) 4on a d o ) n (« 77) ^ t«I.: i NO,` .,Z' ei >IZ 7110 100) 326{ 4444.._. 4444.. , « - I I 1 71.. 29 qro 6)(10 Is swts 4_444.. a a a a a ar a a a a b •b v 6 4444.._ .. ; , ) 2 -1= Z q q l II - 9 =6 _> on 1:11 la) Iw <w tm tw m oo IN w a ,o J Lli 4_444._._. ........ . 2*3 4444. S96• ............safiQ 25) s..... itaa ( 21) I(ze) _ 3N.i• 4444_.. - { zz> ' Jr. I J • L 3N.i 4444. _.. - , (2) 324. i ......... 19 12 e) A I N N) N 11) ( 14) 3) 4444 ......... 374.6 ......... .- qi (5) e IBBQ - ue.> 13) GU 774.6- 6) 8 I 4 > 5) 324.f ......... 4444.... 324.6 4M 7) I(6) I f) 37..6 8 (10) (9) n IN.M- ... .. .. 321.0 4444 ... .. ... .. Y1.f .. .. I m 2642.20 RES 252?.76 RES 2635.18 RES ACREAGE N I STORM SE SCHOOL WATERSH INCREW 71 -P -, i MOS 252?.76 RES 2635.18 RES ACREAGE N I STORM SE SCHOOL WATERSH INCREW 71 -P -, 1 REPORT #8 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Deborah John PROPERTY ADDRESS: 12464 54th Avenue North PI:D#: 02-118-22-33-0023 LEGAL DESCRIPTION: Lot 8 Block 1 Windridge at Bass Lake 1 1993 ESTIMATED MARKET VALUE $216,900 1993 REVISED MARKET VALUE $208,800 ISSUE: L Mrs. John feels her property has been overvalued since the purchase of the home in 1987. In her opinion, comparable properties sell for 10% higher than their estimated market value. RECOMMENDATION: An internal inspection of the home on May 18 showed that additional depreciation was needed for age, water leakage and minor foundation work. It is the opinion of this appraiser that the 1993 estimated market value be adjusted to $208,800 after review of comparable properties. Mrs. John was contacted and agreed to adjustment. Respectfully submitted, Jan Olsson, CMA Appraiser 1993 Board of Review Page 2 Dwelling Style: 'Ivo -story Year Built: 1985 Square Feet: 1442 Sale Price: $203,500 Sale Date: 03-87 Location: Inside lot - view of Bass Lake across wild -life preserve 11 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #1 PID# 02-118-22-33-0031 Address: 12467 54th Avenue Dwelling Style: Two-story Year Built: 1986 Square Feet: 1324 Sale Price: 200,000 Sale Date: 02-86 Repeat Sale: 06-92 $212,000 Location: Directly across the street on Weston Lane North the corner. No view of Bass Lake. Comparable #2 r""' PID# 08-118-22-44-0011 Address: 4590 Weston Lane North t Dwelling Style: Two-story i Year Built: 1985 4 Feet: 1277Square Sale Price: 215,000 Sale Date: 03-86 Repeat Sale: 04-93 $226,000 Location: Corner lot - no view of water Y 1993 BOARD OF REVIEW MARKET COMPARISONS 1 Comparable #3 PID# 10-118-22-14-0028 Address: 4990 Quinwood Lane North Dwelling Style: Two-story Year Built: 1989 Square Feet: 1704 Sale Price: 215,000 Sale Date: Repeat Sale: 03-90 02-92 $218,000 Location: Corner lot abutting Pineview Lane. No view of water. i Comparable #4 PID# 15-1113-22-43-0035 Address: 13110 37th Avenue North IvoDwellingStyle: story Year Built: 1986 Square Feet: 1404 Sale Price: 214,000 Sale Date: 02-91 Repeat Sale: 01-93 $228,000 iLocation: Inside lot - no view of water. u 1 Real estate s Star Tribune Tuesday May 11/1993 Frantic metro home buying pace continues,; prices are heading up April activity up nearly 27% over year-ago period By Willard Woods staffwritek Twin .Cities home buyers in ApOl continued the frenzied pace startaj in March — the industry's busiest mor th inhistory, As a result, home prims aro beginning a significant up- swing. Sales of singlafamily homes rose neaiy 27 percent in April, to 4,610, when compared with the same month last year, according to figures released Monday by the Regional Multiple Listing Service. MGinwhile, the number of listings in April rose to 6,832, 4 percent above April 1992. But there still aren't enough houses for We to meet buyer deniand,.industry observers said. In April 1991, there were 7,531 listings. Houses also are selling faster. The average number of days a house had been on the market before it sold fell to 66 days in April, down 16.4 per- cent from last year's 79 days, the figures show. Increased sales, fewer listings and a faster market have bolstered home prices. The median sale price of a Twin Cities home rose 6.1 percent last month to $95,300, up from $89,800 in April 1992 and nearly twice the rate of inflation. By comparison, home prices rose 1.9 percent between April 1991 and April 1992. Because of the increase in home prices, home buying is becoming a better investment, said Todd Grill, 1993 president of the Minneapolis Area Association of Realtors. Though the rise actually began in 1992, home prices "won't be as static as last year. There's no doubt about it, there will be appreciation that's higher than the rate of inflation this year" if the trends continue, Gnll Said. People also asked more for their prop- erties last month. The average asking price for all property tys was 113,324 in April, up from Sri 11,429 in April 1992, the figures show. Sales of all property types — includ- ing condominiums, townhouses, mo- bile homes, etc. — rose 24.4 peroent, to 5,031, in April, compared with 4,044 the same month last year. Homes sales increased in every price category except those ranging from 40,000 to $49,000 and those in the 5400,000 to $499,000 range. Though property sales increased in April when compared with the same month last year, they are down when compared with March, a record-set- ting month for Twin Cities real es- tate. April's single-family home sales fell 8 percent from March's 5,021. 11 100,000 houses are best-seller's Houses priced in the $100,000 to smom ame hours. Iare f tha coning rires, 119,000 range were the most pop- ular with Twin Cities buyers last housing prices will rise, Wood said. year, according to an annual real year estate industry report released 'The3 erage 8pn ni increase Tuesday. from 1991. The Residential Real Estate Activi- ty Report showed that a record 41,944 residential properties — mostly single-family homes — were sold in the metro area in 1992, up from 35,598 in 1991. But housing industry executives were surprised that buyers made their choices last year with slightly more houses listed for sale than in 1991 but fewer than in 1988 through 1990. The real surprise is inventory is probably the lowest I've seen to years," said Mike Wood, president of the St. Paul Area Association of Realtors. A higher number of sales among fewer properties listed means that More people bought houses in the S 100,000 to S 119,000 price range than in any other range. The 80,000 to $89,000 range was sec- ond. But the greatest growth m sales occurred in the $120,000 to S 180,000 price range. And for the first time, more people bought houses using conventional financing methods rather than us- ing loans backed by the Federal Housing Administration. Buyersusedconventionalfinancingin33.8 percent of home sales and FHA loans to 31.3 percent of sales. Willard Woods CITY BRIEFS Average Plymouth home prices up 5.5 percent, say Realtors The a hornP1 chourose 5.5 t duriM theaccording to figures recently by the Multiple Listing service of the Minneapolis Area Association of Realtors. The association reports that the average sales price of single- family homes sold m Plymouth during the first half of the yearwas $157,587, a 5.5 percent increase compared to the same period last year. In Minneapolis during the same time period, average sales price of homes sold was $120,443, a 6 percent increase over 1991. u gr le, le, z; p RG C • c . a i N 5Zouoo pa T O e0 E.8 4c rOoo•G .Ur= t .c $ t y E ;; 0 yUSC °ev yiyG, +• U• aCDE x Esu c$a W c o c_a cc.. y -• _ QE 0.8 uE c 3=S 1028E UE 4i " oc m ri Z • > u a y u Z'^ . uzpQ>'Ew W ° c O°ao^c eea ac°? •••u8 c E BE 'E8E.8w U) ° o E, c [ U) „sC ejorC`O $ r, U h W U c ` C'y d Eu Q _ cc U$ v4;camE oo' J; Vim«-p0'v 1° V civ uaay.._....s Ua.•vEa E3 r .6 8*0 C OAIV r. O .}.. l Q? x eo; _ u d GCCv«. •ECCS.. a- U c L E C Vjig l0 M co V uo Z4 E= 80- 0 a- O.E lE° 3) o'c s — •E o', ".ma c _ e '.' 8 0 uo. ate` uc .,^ iiaGcc0 o O pOuec='—9-criuc...$ g cc?3" Z i yE.cQA auoo.r ovE o•- on 0 61a,E*OC aE<£ U) .oZv u m'° C ceEri ccy W 0 0a .a eaT~ Sas , °'i'E F>Vlm REPORT #9 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Louis Piccolino PROPERTY ADDRESS: 3205 Fountain Lane North PID#: 20-118-22-24-0024 LEGAL DESCRIPTION: Lot 10 Block 1 Seven Ponds East 1993 ESTIMATED MARKET VALUE $138,000 1993 REVISED MARKET VALUE $137,300 ISSUE: Mr. Piccolino feels an increase of $14,000 in one year is not justified since he has made no improvements to his property. He feels he would not be able to sell his home for more than $135,000. RECOMMENDATION: Mr. Piccolino was contacted Tuesday, May 11, and an appointment was set for Friday afternoon, May 14, at 2:00 p.m. He never appeared for the appointment at his home. Viewing the home's interior is the only accurate means to evaluate the condition and amenity differences between comparable properties. After applying the correct amount of depreciation the value of the home remained basically unchanged at $137,300. Respectfully submitted, Jan Olsson, CMA Appraiser 1993 Board of Review Page 2 rDwelling Style: Two-story Year Built: 1978 Square Feet: 1045 Comparable #1 PID# 22-118-22-41-0031 Address: 12915 30th Avenue North Dwelling Style: Two-story Built: 1978Year Square Feet: 1025 Sale Price: 146,175 Sale Date: 10-91 Comparable #2 PID# 35-118-22-23-0020 Address: 670 Windemere Curve Dwelling Style: Two-story Year Built: 1975 Square Feet: 1063 Sale Price: 157,000 Sale Date: 11-91 1993 BOARD OF REVIEW MARKET COMPARISONS 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 PID# 22-118-22-41-0010 Address: 3055 Rosewood Lane North Style: Two-storyDwelling Year Built: 1978 Square Feet: 1177 Sale Price: 137,000 Sale Date: 10-91 1 Comparable #4 11-118-22-43-0090PID# Address: 4560 Forestview Lane North Dwelling Style: Two-story Year Built: 1980 Square Feet: 1104 Price: 139,000Sale Sale Date: 11-91 13 Real estate1 u u Star Tribune ITuesday May 11 / 1993 home buyingFranticmetropace continues' prices are heading up AprilAril activityup nearly 27% over year-ago period to 66 days in April, down 16.4 per year" if the trends continue, Grill By Willard Woods Staff Writer cent from last year's 79 days, the said. Twin ,Cities home buyers in April continued the frenzied pace started in March — the industry's busiest month in history. As a result, home prices are beginning a significant up- swing. Sales of single-family homes rose nearly 27 percent in April, to 4,610, when compared with the same month last year, according to figures released Monday by the Regional Multiple Listing Service. Meanwhile, the number of listings in April rose to 6,832, 4 percent above April 1992. But there still aren't enough houses for sale to meet buyer demand,. industry observers said. In April 1991, there were 7,531 listings. Houses also are selling faster. The average number of days a house had been on the market before it sold fell figures show. Increased sales, fewer listings and a faster market have bolstered home prices. The median sale price of a Twin Cities home rose 6.1 percent last month to $95,300, up from $89,800 in April 1992 and nearly twice the rate of inflation. By comparison, home prices rose 1.9 percent between April 1991 and April 1992. Because of the increase in home prices, home buying is becoming a better investment, said Todd Grill, 1993 president of the Minneapolis Area Association of Realtors. Though the rise actually began in 1992, home prices "won't be as static as last year. There's no doubt about it, there will be appreciation that's higher than the rate of inflation this People also asked more for their prop- erties last month. The average asking trice for all property types was S 113,324 in April, up from S 111,429 in April 1992, the figures show. Sales of all property types — includ- ing condominiums, townhouses, mo- bile homes, etc. — rose 24.4 percent, to 5,031, in April, compared with 4,044 the same month last year. Homes sales increased in every price category except those ranging from 40,000 to $49,000 and those in the 400,000 to $499,000 range. Though property sales increased in April when compared with the same month last year, they are down when compared with March, a record-set- ting month for Twin Cities real es- tate. April's single-family home sales fell 8 percent from March's 5,02 1. 100,000 houses are best-seller's Houses priced in the $100,000 to more buyers are competing for the 119,000 range were the most pop- same houses. If that continues, ular with Twin Cities buyers last housing prices will rise, Wood said. year, according to an annual real estate industry report released $ 103,264,,gas3 8 pent st increaseearwas Tuesday. from 1991. The Residential Real Estate Activi- ty Report showed that a record 41,944 residential properties — mostly single-family homes — were sold in the metro area in 1992, up from 35,598 in 1991. But housing industry executives were surprised that buyers made their choices last year with slightly more houses listed for sale than in 1991 but fewer than in 1988 through 1990. The real surprise is inventory is probably the lowest I've seen in years," said Mike Wood, president of the St. Paul Area Association of Realtors. A higher number of sales among fewer properties listed means that More people bought houses in the 100,000 to S 119,000 price range than in any other range. The 80,000 to $89,000 range was sec- ond. But the greatest growth in sales occurred in the $120,000 to S 180,000 price range. And for the first time, more people bought houses using conventional financing methods rather than us- ing loans backed by the Federal Housing Administration. Buyers used conventional financing in 33.8 percent of home sales and FHA loans in 31.3 percent of Woods CITY BRIEFS Average Plymouth home prices up 5.5 percent, say Realtors The average home sales price in Plymouth rose 5.5 percent during the first half of this year, according to figures recentlyreleasedbytheMultipleListingServiceoftheMinneapolisArea Association of Realtors. The association reports that the average sales price of single- family homes sold in Plymouth during the firstto the nth e year arwas $157,587, a 5.5 percent increase compared p last year. In Minneapolis during the same time period, average sales price of homes sold was $M,433, a 6 percent increase over 1991. u 4--+ o•yw ' El 1 O yE u-eE ucc.. cooEc cuocu ucu c Q.° y= y^ v 3 O evc•E V1 a 1 « «ala. ° OiO.'G rvnJ N 4r Gin • V I C >° N O, J `,-... ° C C t 0. per, C • i 8 y c W, « ONO .. y. y H • 7 0 c C Ni t« E m'vENE $"• .Ca =5 8 Cc mEV°+..=Cop eGOpd «4 o° y. Coec ,nuc cc3 Ec $ yu"'u ov Typ ODo« Eo c« $' 30$ EY Q •c-yo••3•EE- cc V E Q 3 O C c 3Y3c c 4 aueaeoedEL>pp «v IE mcf3. o c y GGid p ` V.-.- E A U ? Ll to N Z h = c 106-= u rob3 ='bEow. Ezuu >`oy a ° U co pf—= E y- y'E° Wry uc cc'-Ee'aocU) 3QwE Z`w.a 4IOC2E8 E- E; haE =<`T' s2 i •u c 3 EuE.cc 'v o U O p cam. u i'8i v°,.yv90 c -u E o 3'ooCu- u- O G12E c cuPc 2iog v c' ''u (- o - o u evcco w 'yo= LCacea'V p °acs i •-0 C_ L.o V fej'V ..-Y yr F- i— a 3Qs U I E-tA-sH.=_ REPORT #10 1993 BOARD OF REVIEH STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Ruben Burau PROPERTY ADDRESS: 974 Yuma Lane N PID#: 32-118-22-11-0156 LEGAL DESCRIPTION: Lot 56 Block 2 Cimarron Ponds 2nd Perma-Lease = Owns structure but not land) 1993 ESTIMATED MARKET VALUE $75,700 Including Land) 1993 STRUCTURE VALUE $62,700 1993 REVISED MARKET VALUE NO CHANGE ISSUE: Mr. Burau stated that his tax bill, due mainly to a 10% increase to all properties in Cimarron Ponds, is too much of a burden for an older person on a fixed income. RECOMMENDATION: Mr. Burau's property was treated equally with the other townhom.es in Cimarron Ponds. Year-long market studies showed values had fallen behind sale prices in this area which made an increase necessary. Mr. Burau's townhome (structure only) is presently valued at $62,700 which is substantially less than the lowest observed sale price. Mr. Burau does not own the land under his townhome, but in his lease agreement he agreed to pay the land tax. Mr. Burau's leased land is currently selling for $15,000 and is valued at $13,000. The property was viewed and is in good condition; therefore, it is recommended the value remain unchanged. Respectfully submitted, Scott Hovet, CAE City Assessor u 1 1993 Board of Review Page 2 t Dwelling Style: 1 Story townhome (Model-Tamarin) Year Built: 1977 Square Feet: 1150 Sale Date: 07-84 Sale Price: $60,000 (Structure only) 1 1 1 I I I I Comparable #1 PID# 32-118-22-11-0126 Address: 1014 Weston Lane N I 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: 1 Story townhome (Model-Tamarin) Year Built: 1978 Square Feet: 1150 Sale Price: $67,000 (No land included in sale) Sale Date: 09-91 Tl t.; 2 2 V TF ' II 2 G, MOV 28' Ll Comparable #2 PID# 32-118-22-11-0131 Address: 941 Zanzibar Lane N to. Dwelling Style: Year Built: Square Feet: Sale Price: Sale Date: I I I 1 Story townhome (Model-Tamarin) 1977 1150 78,000 (Sale included land) 03-91 21- Comparable #3 PID# 32-118-22-11-0160 Address: 991 Xene Lane N 1 n 1 J 7 1993 BOARD OF REVIEW MARKET COMPARISONS 1 Story townhome (Model-Tamarin) 1978 1150 89,000 (Sale included land) 07-91 Dwelling Style: Year Built: Square Feet: Sale Price: Sale Date: n 1 J 7 1993 BOARD OF REVIEW MARKET COMPARISONS 1 Story townhome (Model-Tamarin) 1978 1150 89,000 (Sale included land) 07-91 it i REPORT # 11 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Laurence H. Aubuchon PROPERTY ADDRESS: 17930 Queensland Court PID#: 31-118-22-43-0041 LEGAL DESCRIPTION: Lot 1 Block 1 Hadley Woods 1993 ESTIMATED MARKET VALUE 242,300 ISSUE: 1993 REVISED MARKET VALUE No Change Mr. Aubuchon purchased his home in October of 1989 for $230,000. He isconcernedabouttheincreaseinvalueanddoesn't believe he could sellforthecurrentassessedvalue. his property RECOMMENDATION: Mr. Aubuchon's property was reappraised for the January 2, 1991 assessment. Avalueadjustmentforthe1991assessmentwasdeterminedbasedonthecondition ofpropertyandcomparablesales. For the 1993 assessment the Aubuchon propertyreceivedthesameincreaseastheotherpropertiesinhisimmediatearea. Mr. Aubuchon furnished our office with a market analysis done for him on May 4, 1993. The sales price range was from $245,000 to $260,000. Based on current market conditions and this market analysis, no change in value ' recommended. is Respectfully submitted, NancyByef SAMAtSeniorAppraiser 1 1 1 lit ENTRY ONE INC. 1 1 Prepared for Address _ Prepared by MARKET ANALYSIS LARRY AUBUCHON 17930 QUEENSLAND COURT, PLYMOUTH, MN. NANCY MCCORMACK, GRI MAY 40'1993 SAE : i' :. r ,.. , ARAkh, A-1. 1 111 •1 111 11 Understand,in'g- Value 1 Value is an estimate of the benefit of home ownership typically expressed in dollars. Value is "estimated" by appraisers based on current market conditions, but is determined"by potential buyers. Sellers often confuse emotion or cost of improvements with value, however a home's value can only be 'the dollar amount a buyers is willing to pay and a seller is willing to accept- The very best indication value is determined by an analysis of recorded facts that show the exact price buyers have been willing to pay for simular homes. These "comparables"are found in MLS sold books and from information gathered from the MLS computer program. 1 The very best comparisons must be homes.that recently sold and share the same or, similar location, size, style, and amenities. h ill • r_: s COMPARABLE HOMES RECENTLY SOLD 100775 BR- 5 BA- 2/111 2 STORY CON L- $249,500 03/03/93 40DAYS PTS -0 SO -6126 OLP- 249,500 S-$246,000 F a F f J / 6X, 74000 i1R AVE NOTAX 5 6121 /831F MAP fA- A MUN PLYMOIfFN ZIP JTWA S 1121 M 874 SUB 1 DN f COU HEN ASB f 0 ASP N LOT 1f4X100XIS3Xf0 ACR .36 HS TDR 19 St F YBL 1989 N DNI CO RD 47 WEST OF 494 TO ANNAPOLIS NO TO 61ST f 012190 WOODED WALKOUT LOT ON WETLAND RESERVE. MAIN FLOOR LIVING INCLUDES SOARING GREAT RM, MAIN FLOOR MASTER SUITE WITH RS OWN STUDY. ACHFTECTURAL GEM WITH OUTSTANDING CURS APPEAL DESIGNED TO TAKE ADVANTAGE OF VIEWS. SEE SUPP. LGLLOT 10 BLOCK 1 LAKE CAMELOT ESTAT ES.2ND ADD. PID 03 11S-22-224)088 WAT CONNECT REF,RNG.DWS.DSP,WSR,FM L APRDX L APROX SEW CONNECT MPH VAC SEC DIP WHP LRM if%U 19 M 11X17 FPL F AIR C TRM CON CIN 011 M 17X11 ?B U 12X11 HFA FA I GAS MTG 201700 INT 4.276 % fR l 19X1. 3B U /2X 10 FXT WV,STU XF ARG DO 9-112 ASM Q KT M 17X12 IR U 12X10 &SLI WAL PIN S 1070 2MC 7MA Y IDM 17X11 A L 23X17 GUI SAY ASSUME ARA 2%ANNUAL 6f L 14%U S7 1.X11 007 Y M87 Y 10.876 LIFE GPS CONVERT. SDN 271 SDP 42H171 FSZ 1711 AGF 2717 BG( 1170 FS( 7493 C s p077y BR- 4 BA- 2/0/1 2 STORY CON L- {284,900 r 364 MM m I List Price $ J7M, `a Sold Price . Sayer, coo, Date Sold —.5 3 J q3 Days on MarketOl o cl . m LEST NO 032ISO ISUPf 1 ADD 14000 S1 ST AVENUE NORTH MAINTENANCE • LOW EXTERIOR WITH BRICK S STUCCO FRONT. ALUMINUM PERWIFTER. KOLBE CLAD WINDOWS. ATTRACTIVE TWSEIWNE ROOF. MASTER BEDROOM SURE INCLUDES WALK-IN CLOSET, WNKWLPOOL TUB, VAULTED CEKING,.FRENCM DOORS TO STUDY. CEDAR SUN NVROOSREAKFAST AREA I$ VAULTED, SKYLIGHTS SURROUNDED 111TH WINDOWS. ADJACENT LARGE DECK TO ENJOY SERENE EVENINGS OUTDOORS. CONVENIENT MAIN FLOOR LAUNORYNAUDROOM, UPPER LEVEL FUTURES f GOOD 89ZE SEDROOME, TWO WITH WINDOW SEATS, RILL BATH, i BALCONY OVEN GREATROOM. LOWER LEVEL COULD BE GUEST QUARTERS OR TEFM GETAWAY 304 BATH. LARGE BEDROOM. SMfAMILV ROOM AND AMUSEIAENT ROOM. PANORAMIC WALKOUT VIEWS. OTHER INCLUSKM: CENTRAL VAC. SECURITY SYSTEM, HIGH OF. RIRNANCE A CENT. AIR. SIX PANEL DOORS. List Price $._ Sold Price $_ / 7eda' Date Sold Days on Market //d, w-s s, L IM7 N EGANT 45945A WA 2 -STONY, QUALITY BUILT JOP IN -47, SPA- CIOUS COW" ENTRY FOYEIL GOURMET KR W/O TO A PORCH, GIEA- NNRI HDWD RM IN OR W AWROEOUS BUFFET. CATHEDRAL CEILING IN WOIMLAL LIVING RM WIBAY WINDOW. CUSTOM DRAPERIES A MONEY EONS SOFT nfiASHADES. FRENCH DOORS LEAD TO FORMAL DINING M WAOROEOUB BUILT4N CUSTOM OAK BUFFET, CUSTOM DRAPES COMB iOFT RfAT SHADES, OAK HMO ROORINO A OAK COVE SOVRMR KITCHEN: OAK RAISED PANEL CAMNETRY, CENTER ISLAND NIBBEAKFAST BAR, DBL PANTRY, ROI' OUT SNKVINO. PLANNING C APPLIANCfi INCLUDED: ELEC RANGE WARILL. MICIIOWAVE, OINMABHER, p1POSAL. SPACIOUS INFORMAL DRANO WALKS OUTT' BON PORCH A DECK WANOOOED BEAR YARD A VIEWS OF MIINIIEN FAMK.Y RIM W/FLOOII TO CEILING BRICK FIREPLACE. BOOK- S FLANKING EITHER SIDE. CUSTOM WINDOW TREATMENTS. DRY uFRWINE A GLASS WICK BEAMED CEILING. BAY WINDOW. CEK- IST ROOM DEN WMONEYCOMB SOFT PLEAT SHADES BQRGEOUI MASTER BEDROOM SUITE W%:ATHEORAL CEILING. BLINDS 6 C$ING FAN, SPACIOUS FULL CERAMIC TILED BATH. NUDE DEEP A -JM WINIii R SURROUND, SOL SHOWER SKYLIGHT i WALK4N S.i COMPARABLE HOMES RECENTLY SOLD B 00447 8R• 6 BA- 21111 2 STORY CIA L- 5269,900 01/01/82 1000AYS MO 50.7066 OLP- 279,900 54202,500 t p S co << s rice Sold Price S 710 — Date Sold j1J 93. Days on Market_ A• ,. 1 4710 WZ_ _ uuvw. Sv FRR SET IN ONE OF PLYMOUTH., NE.0GHSORHOODKKAMELOT. 759E FINISHED {O.FT, WALK. OUT TO A tEAUTIRILLY MANICURED LOT i TRANQUIL SETTING. DUAL. '0 a ,;:.. ',, F Ti'Y THOUONOUT#IUCH ATTENTION TO DETAIL SEE SUPPLEMENT! s , LGL LOT 1 LLK E LAKE CAMELOT ESTATE{ PID 0.711822210072 A7 CONNECT j REF•RNO,OW{,DSP,WtO•MIC• v= -g,y, -- Irk •,,, p'' L APROX L APROX SEW CONNECT MPH BU VAC EEC D POR• LR M 11X128 U 1SX15 FPL F AIR C TRM CON CIN GTN IX9 M /l%12 18 U 11X17 MEA FA / GA{ MTG 0 INT 00 1L FR M 19%11 78 U 121111 XT WOO.STU EXF CON 00 00 ASM N KT M 21X12 IB U 11X10 BSM W,F,L PIN E 0 2MC 2MA L M ll7(12 fOX 17 D 11X5 7.A,Y 887 Y MBT V UST N0019290 lXF 1 ADD 1782{ 61ST AVE NO. A NICE BLEND OF THE TRADITIONAL TSTORY Sr THE 24STORY OF SDN 279 SDP M2i4121 FS2 1271 AGF 2795 SGF1271 FSF 7590 THE 90'S. A LOT OF SD.POOTAOE. PREMIUM LOT, EXTRA AMENIT- FEE, PORCK EXTENSIVE LANOSCARNGAT A 1907 VALUEI LOOKHITHER'OR THE OETAILI: j Y BRON-5 ON 1 LEVEL. MUSTER SUITE HAS A'HIDDEN - ROOM CAN BE USED A5 AN OFFICE. E%ERCI{E BOOM, NURSERY, ETC. 1 MASTER BATH IE HUGE HAS DOUBLE INNKS A SAVED WHML OGLITUS, IQTQIEN IS VERY FUNCTIONAL WN OMDED CASINETKY, CENTERINAND. UPGRAD® AFPLl • pROMEO DAK --- CEMJNO W/ MUCH LIGHTING. 3 -SEASON PORCH S DECK ARE OFF INF -DUI MEA SPECIAL FEATURES INCLUDE tECUM" SYSTEM, OAK FLOOR IN 2 STORY POYEU S HALF BATH, COVED MOLDING{. BIT N BOOKCASEAROUNDFRC, CHAIR RAI. i BUFFER .. FORMAL DINING SM. LOWEt LEVEL- RILL WALK -OU WBERBER CARPET. 2M BATH. FRC FOOTINGS i LOTS OF STORAGE. AMPLE ROOM FOR STH BORM AND WELL DONE TO COMPLY 14/YOUR NEEDS! THIS HOME IS VERY NEUTRAL 50 YOU CAN ADO YOUR PERS.TOUCHIISELLERISFLEXIBLESCANMOVEASSOONASMECESSARY1CALL List Price $ Sold Price $ Date Sold Days on Market Terms COMPARABLE HOMES RECENTLY SOLD 00537 BR- 4 BA- 210/1 2 STORY CON L. 1229,900 - • 0y2102M 143 DAYS PTS -0 SO -5011 OLP- 244,900 5.:229,900 p 1 MUN PLYMOUTH M {1412 AN 177 SUB 2 DIV F COU HENN ASB t w FDaysLOT141X60ACR .26 ASI VHS FOR is 02 / F NA on -Market YELL 1w0 N . . TIRRJ: PANE MD00 CAt9RENT M0IDOWS DRi VTTVE T LK RO•FI ST nNE OUAW- W TT uTH / 01777{ Terms -. EXECUTIVE 4BI1.19A 3'tT TUDOR OUµRY SLT'f0. /R M MST o/nf'. ME NLCENANN: M A JACUZA CUSTOM WIN. TREATMENT, SAY -' INSULATED 111091® GAVAGE WINDOWS. VAULTS, OAK HDIND FLRS A WDWK. PROF LDSCPD LOT ON S ZONE HEATAR CONDITIONING CUL - 0E -FAC MEET. "A EL D0ORS MONCETON TRIM. I LGLLOT 17 SLK 1. HERITAGE WOODS ESTATES UPGRADED NEUTRAL CARPETS. KOHLER MUMBING PWD 03119221 0 1 7 WAT CONNECT REF,RNG,DIYS,Of,1ESO,wC ! L APROX LAPROX SEW CONNECT MFM 5Ut R.T WHFHff LR 11X12 18 M 17X12 FPL FA AIR C TRM CON CIN DR 14X11 2B U 17X11 VEA FA I OAS MTG 0 INT 00 1L FP 17X IS 18 U 14X11 EXT .,BTU EXF CON OD 00 ASM N KT M 14X11 IB U 12X11 SSM WAD MN so 2MC 2MA D 17X17 LD 11X7 GAR I.&Y WMEDIATE OCCUPANCY l D 17X12 BBT N MBT Y SON 270 SDP 42"121 -FS2 7.06 AGF 1606 BGF O FSF 2w0 992441 • I W {. W 1011 2 STORY cm L• 8272,900 9) 0491 M•9 MM OV• 279,900 64298.000 r List Price &2,5 Sold Price - Date Sold 'Zzl. 1] ays on Market _ _ 6 7 c4's Am am/6SY L/ CTAS( NUNAVWAUTH ap Sf{07 A 0 {tw M S74 SUS 7 DN S ODU HOIN $ 0 ASI IST FUI FABLY I06OB1AAUNDRY•KRCHEN WICENTEI M ANOJUO- M Op TO DECK.i lEAsoN F'OIICN W1IA fETt OF YIDERLFREM" L APNOX LAPROX ISFW CONNECT u 74X72 1{ U 17072 M ARI C ORM 7SX12 2{ U 71X12 IEA M I W FA 77X7{ >s 17872 N RT 1tlI17 N 72X10 EE,F,L UNIT L 20X14 2.&Y I EXF 00 on ASM MN $ 0 TMC 2MA TRANSFERRED SELLER WILL 1ST -017{18 7 ADD 420 KIMSELY LANE CONFIDE ALL NEW FINANCE TIRRJ: PANE MD00 CAt9RENT M0IDOWS 2407 BGF 1026 FSF 2522 070 EXT11310011 WALLS. IND ATTIC TWO STAG6fAST IM OIF6RNO NOT WATER SY9TL30,150 GAL INSULATED 111091® GAVAGE S ZONE HEATAR CONDITIONING DIORAL. PROGRAMMABLE THOOKMATS 2BECTTSC ALIT RLTNUM k T LL HIGH CAPACITY WATEI SOFTNIGI T4 y . A!`A'v'. -•. TWO STAG6fAST IM OIF6RNO NOT WATER SY9TL30,150 GAL OOUNAET KITCHEN MCEfTEt ISLAND -LOTS OF STORAGE JEN ANTE 2 SECTION COOT TOF. THERA100011 MICROWAVE UPGRADED NEUTRAL CARPETS. KOHLER MUMBING SIX PANEL DOORS. OAR TMK UPGRADED CABINETS WALKOUT LEVEL MICEDAII CLOSET. WET RAIL 4TH BATH orrAY 7lYlOOD PARQUET FLOORING 4 BEDROOM WICOUNO FANS EXCLUDE: REFRIQERATORUGHT ABOVE KITCHEN TABLE.MXL V47LACEL STONE PLANTERS AT WONT ENTRY,RIONT DOOM KNOCKER THIS NOW IW U9REL STAIN - A PLEASURE TO SHMI D J i 100777 BR- 4 BA- 21011 2 STORY CW L- $265,000 03/01/97 132 DAYS PTS.0 SO -7155 OLP- 265,000 &$259,000 List Price S a O co Sold Price Jar 02e Date Sold Days on Market l3a c oLc, 3, UN PLYMOUTH No lA%f0 100199 MAP W- 15 !. Terms AR KYMO$ us ZIP $7997 AWA f 00 AR f)4 SUB 1 ON 7 COU NENN SB E00 ASP WA LOT t421(164X67XI1 ACR .42 NS FOR if 00 N 1993 Y' UIR 499 W ON 56 TO 101 0 1 MILE ON W SIDE F 0049 , GREAT FLOOR PLAN .4 BED ROOMS WITH MAIN FLOOR MASTER, VAULTED CEILINGS AND LUXURY MASTER BATH SUITE, LAIRDS CREAT ROOM. GREAT CURB APPEAL. ACROSS FROM POND W UPPER BRACKET AREA OF SOVLOER CREST. LGL LOT 14 KOCK 7 BOULDER CREST PID IWIIS-22.12-0026 IWAI CONNECT REF,RFIQ,OWS,OW - L APROX LA9X SEW CONNECT MPI.WNPJRYF - LR M 10X7{ 1R M M 21X13 IPI F AN C TRM CON i_ -. *` es..- 100776 BR. 4 BA. 21011 2 STORY CON L. $219,900 ,.. 02/23!93 $1 DAYS PTS -0 60 -5900 OLP- 279,900 Lf248 f I rl{1:nk S List Price $ Svo, R F Y 1ST I Sod $ Price. Date Sold JJ Days on Market/._ - 12321272{ 70TH AVE NO LAX E 777 102 IN LAA/ 40.% WN PLYMOUTH ZM 6441 TWA f 272 N002SN1 SUP. 71M 12729 20TH AVE NO. T M 674 SUB 7 DN 7 COU VENN ASS $00 ACP Y MA IST MATURE TREES SURROUND THIS CASTLE WITH A NATURE AREA TO TIE rLOT {ZX206X170X1 /l%372 ACR .75 NS FOR It 57 IF YBl 1991 { REM. APPROXIMATELY 7!4 ACRE LOT If THE SETTING. DIR NORTHWEST KVO TO W. MEDICINE LK DR. E TO 70TH F 1 -STEP INTO THIS STUNNING fNOWCASE- HARDWOOD FLOORING a AN ONLY A JOB TRANSFER BRINGS THIS BEAUTIFUL NOME TO THE ABUNDANCE OF NATURAL LIGHT. MARKET PLACE. PLEASE SEE SUPPLEMENT. 'EXCEPTIONAL THOUGH j 'ELEGANCE SETS THE TONE FOR ENTERTAINING IN THE FORMAL A PLANNING WENT INTO THIS IYR NEW NOME. BUILT BY EMN CONST , LIVING ROOM WITH OAK MANTEL, BRICK FIREPLACE A BEAUTIFUL IT CONTAIN{ EXCEPTIONAL APPEAL Is UNCOMPROMIZINO OUALRYI y WILT4N BAR. LGL LOT 1 BLK 2. RAPPAPORT ADDITION CAREFREE CORIAN COUNTERTOPS CAP THE CERAMIC TILED KITCHEN M 2711{22730076 WAT CONNECT REF,RNG.DWS.DSP.WSO,MRC WHICH FEATURES JENWAIRE EQUIPPED CENTER ISLAND LARGEa L APROX L APROX SEW CONNECT MPH RT VAC WRAP RW' i BAYED WINDOW DINETTE AREA. LR M 14X17 18 U 1)X75 FP F AIR C TRM CON 112 BATH POWDER ROOM GRACES THE MAIN FLOOR LANG AREA DR M 17X12 20 U 17X12 IIIA FA I OAS MTG 186000 INT B.12f FR M -Is 99 U 13X 11 I FXBIS,I4BM XF CON OO 11.01 ACM R INCLUDING A PEDESTAL SINK. ABUNDANCE OF SUILT4N STORAGE IN UTILITY AREA. NOTE THE 4 KT M Ia%10 IRU 12X/0 CSM W,F,D H f tiff IMC 2L5M 1 SOOT SIN. is IDM 14%10 LD 10X: GAR I,Y NEW FINANCING 1- •PROM WALK4M CLOSET OVERFLOWS WITH SHELVING. FY M 12X4 12X{ ROT RI MST Y NO POINT4 UPPER LEVEL BEDROOMS SURROUND A CENTRAL SITTING AREA aL CDN 299 SDP q4-7100 FSZ UOf AGF 2{24 BGF 0 iSi ttri MAMMOTH MASTER SUITE FEATURES: BREATHTAKING VIEW OF NATURE AREA Tsi s` WHIRLPOOL BATHTUB CERAMICCERAMIC BATA WITH TWIN VANITIES SEPARATE SHOWER STALL RONUSI SKIT LEVEL WALK4N CLOSET UNFINISHED WALKOUT BASEMENT READY FOR YOUR IDEAS. IMAGINE A SAUNA. AND EXERCISE AREA. OTHER pNE FEATURES: ENEIIOY EFFICIENT GAS FURNACE WMID4MU S TY CONTROL. ELECTRONIC AIR CLEANER. CENTRAL VACUUM SYSTEM, 4 PANEL DOOMS, CUSTOM WINDOW TREATMENTS Nk FOR MORE INFORMATION: CALL ED NATYSIN, CRS 657-4746 f 'i' SUE KELLY, GR 657-4761 J2 DISTRICT 0294 SCHOOLS: KIMBEALY LANE ELEM., WAYZATA EASTjJR„ AND WAYZATA BR. HIGH. D J i 100777 BR- 4 BA- 21011 2 STORY CW L- $265,000 03/01/97 132 DAYS PTS.0 SO -7155 OLP- 265,000 &$259,000 List Price S a O co Sold Price Jar 02e Date Sold Days on Market l3a c oLc, 3, UN PLYMOUTH No lA%f0 100199 MAP W- 15 !. Terms AR KYMO$ us ZIP $7997 AWA f 00 AR f)4 SUB 1 ON 7 COU NENN SB E00 ASP WA LOT t421(164X67XI1 ACR .42 NS FOR if 00 N 1993 Y' UIR 499 W ON 56 TO 101 0 1 MILE ON W SIDE F 0049 , GREAT FLOOR PLAN .4 BED ROOMS WITH MAIN FLOOR MASTER, VAULTED CEILINGS AND LUXURY MASTER BATH SUITE, LAIRDS CREAT ROOM. GREAT CURB APPEAL. ACROSS FROM POND W UPPER BRACKET AREA OF SOVLOER CREST. LGL LOT 14 KOCK 7 BOULDER CREST PID IWIIS-22.12-0026 IWAI CONNECT REF,RFIQ,OWS,OW - L APROX LA9X SEW CONNECT MPI.WNPJRYF - LR M 10X7{ 1R M M 21X13 IPI F AN C TRM CON i_ -. *` es..- ENTRY ONE INC ESTIMATE OF SELLING COSTS .AND PROCEEDS Prepared for By y M Property Address / 7 93o -,0.4 `Date41 e Selling price........................................................................ _ s'000 a &0. 000, - Brokerage Fee........................................................ .... 7T Af, acs 11a 9 9a Mortgage: - - / Jell I93 Principal............................................',,P<• Interestto................................................. ............. Prepayment penalty ..................................................... FHA earned premium.................................................. Contract of Deed/2nd Mortgage Principal............................................. Interestto.............................................. Discount °! of $ ................ m z Payoff........................................................................... Buyer(s) closing costs paid by seller/VA Fee .................... Special assessments levied of record ................................ Pending special assessments 2 X estimate to be escrowed).................................... Other costs survey, water test, energy audit, conservation fee, code compliance, truth-in housing, etc.) Real estate taxes due at closing .................... : J--" (' 7 f/(,G 7 yi6,G 7. r State deed tax 3.30 per $1,000) _ Aod, S-0- 9' & ' 90 — Abstract ($200 t) or RPA ($125 t) fee a00, — Workorders........................................................................ . Home owners assn. fees due to date................................ Recording and closing fee ($250 t)................................. asa, — -2 SI-101 Miscellaneous costs........................................................... so. TOTAL COSTS Equityto seller................................................................... Escrow (credit/debit) with lender...................:.................... Less owner held financing.................................................. CASH AT CLOSING.................................................... The above figures are estimates only and much of the information contained herein has been reported to Entry One, Inc. by financialinstitutions, state and local government authorities, and various other sources normally considered to be reliable. Such information, however, may be subject to changes and/or undisclosed errors or omissions in recording or reporting. Entry One, Inc. therefore, canno and does not guarantee or warranty the accuracy or completeness of such information or estimates. Seller Seller Date il TIQM?MR aMPETITIVE MARKET ANALYSIS IMIT = OF ACTIVE TO ? 50 LIMIT # OF EXPIRED TO ? 50 IMIT u OF SOLD TO ? 50 REIPERTY TYPE? I DISTRICT(S)? 574 LIST*ISALE PRICE (RANGE)? 200,000-300,000 iHTER ADDITIONAL SEARCH PARAMETERS CHIT 'RETURN' WHEN DONE) erpx=2$ PY= !C SEARCHING ACTIVE LISTINGS ... LISTINGS FOUND I.. SEARCHING EXPIRED LISTINGS ... NO LISTINGS FDUND SEARCHING SOLD LISTINGS ... to LISTINGS FIIUND CMR COMPLETE DO YOU WISH TO REMISE THE CURRENT SEARCH CRITERIA (Y OR N)? UNCTION? SA SEARCH ACTIVE LISTINGS IRCIPERTY TYPE? I DISTRICT(S)? 574- LIST 74LISTPRICE (RANGE)? 200,000-300,000 t"TER ADDITIONAL SEARCH PFIRAMETERS (HIT 'RETURN' WHEN DONE) MPX=23 MPY=P-C 0 MATCHES FOUND -- TRY AGAIN O YOU WISH TO REVISE THE CURRENT SEARCH CRITERIA (Y OR N)? L' L NCTION? AMS At KET' SUR_ VEIL lRaPERTY TYPE? 1 DISTRICT(S)? 574 LISTzSALE PRICE (RANGE)'?Q().Q QAO $(, PTER fWDITIONAL SEARCH PARRMETERS ( Hi '] 2QI-TURN' WHEN DDNE) tIPX=P-3,i MPY=5B- r--`AUTIYF,LISTINGS ... L IST PRICE RANGE LISTINGS AVE DRYS ON MKT S1, 249,999 f 2 123 P-5O, 000VfiVERAGE PRICE AND OYER 3" J?. FUR THE PROPERTIES IS 5245,600" T14E HIGHEST PRICE IS x:287, 000; THE LOWEST PRICE IS 219,900; E AVERRGE MARKET TIME IS ? I)HYS bEXPIRED LISTINGB... ST PRICE RANGE LISTINGS AVE DAYS ON i4K`T I- 249,999 1 93 250,000 AND OYER 1 185 E flvEiRAGE PRICE FUR THE 2 PROPERTIES IS 264, D 0 0 iEHIGHESTPRICEIS293,000; THE LOWEST PRICE IS 2291000 fiVERHGE, MARKET TIME IS 139 DflYS SIILD. LISTINGS LE PRICE RANGE LISTINGS AVE DAYS ON MKT 1- 249,999 250,000 AND OVER#, E AVERAGE PRICE FOR THE 16+ PROPERTIES IS 5236,584 E HIGHEST PRICE IS 300,0O0;.THE LOWEST PRICE IS 200,000UiEAVERAGE,MARKET TIME IS $:DRYS 0 r 1-1 L u SSEARr*Kl?JG HCTIYR . LISTING ADDRESS AREA SUB PRICE OFFC FSZ YBL BR TBR STYLE i;NG 20715 450 BROCKTON 574 3 219,900 5302 1440 1978 5 4 2 STD 44665 C 305 BROCKTON 574 1 229,900 5148 1400-1977 4 3 2 STG 18743 P 18555 13TH AVE 574 3 287,000 5302 2292 1978 4 5 RAMBL 4FPIRCH,TNG EXP. IRED .4,14TIHGS ... LISTING ADDRESS RRER PRICE DATE MT OFFC BR STYLE XPD:.24844 415 ZIRCON LN 574 $2297000 12,-01,-92 93 5011 4 2 STARY XPD=9336 19010 11TH RYE 574 299,000 12,-30,-92 185 5113 4 2 STORY LISTING ADDRESS ARER SUB S -PRICE DATE MT FSZ BR TBA STYLE 18210 CTY RD 6 574 2 200,D00 04/29/92 309 1293 4 3 2 STD4678451 086 360 BROCKTON 574 1 205,000 06/02,-92 13 1340 5 3 2 STQ 447592 18835 9TH AVE 574 1 209,000 04,-06/93 42 1224 4 3 2 STD 695661 610 QUEENSLR 574 1 210,000 03/24/92 142 1560 4 3 RRMBLL113621115tJRBANDAL5743212,500 07,-14x92 35 1464 4 3 2 STD 825 18985 7TH RYE 574 1 215,000 11/09,-92 13 1040 4 3 2 STO 20158 1315 SHRDYVIE 574 3 3217,500 119x30/92 51 1276 5 4 2 STD 18739 525 BROCKTON 574 3 219,900 10/25/92 86 1312 4 3 2 STII 775885 18335 5TH BVE 574 3 2309000 05/05/92 78 1592 5 4 2 9TD, 765534 18535 5TH RYE 574 1 235,000. 03/25,-92 5 1403 4 4 2 STQ' 841 625 BROCKTON 574 1 251,450 09,-05,-92 95 1700 5 3 RAMBLF569857,, 650 BROCKTON 574 1' 255,000 06/01/92- 31 1374 4 4 2 STQ 12293 18770 11TH FIVE 574 1 5270, 000 09,-03/92 66 1548 3 3 2 STD 1910 425 QUEENSLA 574 3 275,000 06/11/92 34 2180 4 4 RRMBL 138232 19010 11TH AVE 574 1 280,000 04/01/93 89 1760 4 3 2 STD 1444 810 BROCKTON 574 1 300,000 05/07,-92 2 5 3 4LVxS 1-1 L u L i r r r i 0503/93 11:18:06 L4a 900; ,-x$c'55r .0 SOLD >>> 4 -TBT.' BR : 4 TER: FBT: 2 HBT: 1 STL: 2 STDRIN: 3 INFDRMRTION DEEMED RELIABLE BUT NOT GUARRNTEED BROCKTON LN NO TRX 55042 -'92/F MOP 5B-23I650 UN PLYMOUTH ZIP 55447 TWR $5042 LRKEFRONTR574SUBiDIPJ3CDUHENNASBSORSPUHRDLEYLIlTSEE %ENT RCR 0 HS FOR 1993/ F YBL 1978-4LIRflERMDALERDNTOBROCKTONLRNETOHOME =769857CFLRPLANMRXIMIZESLRKEVIEWS, UPDATED DECOR, CENTER IS- LIRND KITCHEN -GOURMET'S LEL.IGHT, SUNKEN FAMILY ROOM W FRPL, OF BUILT-INS, WET ERR, FRENCH DOORS TO LIVING ROOM, LLBIGPARTYRM. GREAT STORAGE. vi SEE SUPPLEMENT-** GL L13T 5, BLOCK 1, FERNDRLE NORTH 2ND RDDP# ID 31 118 22 24 0010 WRT CONNECT RNG, DWS, DSP, WSO, F -/HLRPRUXLRPROXSEWCONNECTMPH,D/P, POR, WHP,HWF M 14X14 1B U 1.6X12 FPL F, -R fiIRC TRM CDN, CIN DR M 14XII 2B U 14X13 HER FR /GAS MTG 0 INT 0 % rr M 22X14 32 U 14X13 EXT WOD EXF CON DDO t9SM NM2.3X13 4B U 12X10 BSM W,L,D PIN $ 0 2MC N 2MR NLDM8X8PDt919X11GAR2,R,Y NOTE: BLUEPRINT MEflSURE- M 11X6 BBT Y MET Y MENTS ROUNDED UP N 284 STIP 476-3100 FSZ 1374 RGF 2363 BGF 1374 FSF 3363 PEGGY STRICKLRND, CRS 473-0955 BB Y-3.15 SR 3.15 ER nFFICE INDEPENDENT BRDKER L117221 PH 476-6600 flPT 949-0263 i r r r S a 05/03/93 11:15:09 L-$279, 900 S -S280, 000 SOLD »> BR : 4 TBA: 3 FET: 2 TET: 0 HBT: 1 STL: 2 STOR FIN: 3 INFORMRTIQN DEEMED RELIABLE BUT NOT GUARANTEED 19010 11TH RVE NO TAX $6197 /92/F MAP 58-23 Mum PLYMOUTH ZIP 55447 TWA $0 LRKEFRGNT+ AR 574 SUB 1 DIV 3 COU HENN ASBSO ASP N HADLEY LOT 189X551X110X397 ACP. 2 HS FOR 19931 F YBL 1986-N DIR FERNDALE RD NO TO 11TH AVE, EAST TO HOME z038232 EXCEPTIQNRL 2 STORY IN PRIME FERNDALE RRER LOCATED 3N A CUL-DE-SAC ON fl LOT THAT WILL TAKE YOUR BREATH AWRY. OVER 2 RCRES4PLUS 150 FT OF LAKE SHORE ON HADLEY LAKE PER"VILLAGE. PLEASE SEE SUPPLEMENT. LGL LOTS 2 & 3 FERNDALE NG FOURTH ADDITION tPID 3111822220021 WRT CONNECT REF,RNG,DWS,DSP,MIC,F/H L RPRQX L RPROX SEW CONNECT tIPH,BUS,SEC,D/P,POR,WHP+ LR M 14X14 1B U 18X14 FPL L,F AIRC TRM CON DR M 14X12 2B U 16X12 HER FR /GAS MFG 184000 INT 0 FR M 25X20 3B U 12X12 EXT WOD,B/S EXF CON 131389 flSM N KT M 14X13 4B U 12X12 BSM F,D,S PIN g 0 2MC EMR ID M 14X12 PD M 12X10 GAR 2,8,Y TAKES NEW FINANCING BHT N MBT Y SDN 284 SDP 476-3000 FSZ 1760 RGF 3189 BGF 0 FSF 3189 RGN J HOLMERS 550-7586 R KARON BB Y-2.7 SA 2.7 ER ROFFICE BURNET REALTY INC. L135126 PH 559-•4990 APT 550-7608 List No 038232 Sup=: I Add 19010 11TH AVE NO ONLY R RELOCATION OF BUSINESS MAKES THIS HOME AVAILABLE. QUALITY LUNDGRENt CONSTRUCTION AND PRIME LOCATION. LARGE ENTRY FORMAL LIVING ROIIM WITH CHAIR RAIL AND FIREPLACE. f DINING ROOM, BUILT IN CHINA CABINETS WITH GLASS DOORS PLUS ANOTHER FIREPLACE. GRERT KITCHEN, TOP CRBINETRY, LARGE INFORMAL DINING ARER PLANNING DESK, ATRIUM DOOR TO DECK AND SCREENER PORCH. HUGE FAMILY ROOM (NOTE SIZE) WITH WRLK-IN BAP., PRIVATE COMPUTER CENTER THAT CAN BE CLOSED 'OFF, FLOOR TO CEILING FIREPLACE MASTER SUITE IS GOAD SIZED WITH 2 WRLK-IN CLOSETS, LflRGE BATH, WHIRLP.DOL JACUZZI & DDUBLE VANITY, SEPRRflTE SHOWER ROIIM. OVERSIZED DOUBLE GRRAGE 6 PANEL DOOR$ 04+ WESTIC SECURITY SYSTEM 13 COURSE BASEMENT W/Ri FPLC. FOOTINGS & FL.U.GREFIT SPOT FOR AMUSEMENT RM'OR BILLARDS OR GUEST. A HUGE SPILT FDR THE CHILDREN! T11 PLAY. BEDWEIN WINDOW TREATMENTSTHAT MRTCH SPRERDS EXCLUDED.. LIGHT IN KITCHEN TO BE REPLACED. SELLERS ARE OFFERING R ONE YERR' HOMEOWNERS WRRRRNFTY PLflAI. SEE LISTERS FOR DETAILS. n 1 . 4e 1 1 05/03/93 11:17:09 L-5279, 000 S-$270, 000 SOLD >>> BR : 3 TBR: 3 FET: 2 TBT: 0 HBT: 1 STL: ; STOR IFIN: 3 ItfFORMATIOM DEEMED RELIABLE BUT NOT GURRANTEED 48770 -11TH iRVE ND ` TAX 54658 /92,F MAP 5B-23 MUNI PLYMOUTH ZIP 55447 T(JR 1;4658 POND flR 574 SUB 1 DIV 3 COU HENN ASBSO fiSP U LIIT THE VILLAGES RCR 0 HS FOR 1993/ F YBL 1988-NIDIRCTYRID6URBANDALE (HADLEY HILLS) S -11TH AVE =012293 EXCLUDE REFRIGERATOR, WASHER, DRYER, UNATTACHED LAUNDRY TUB 3100_00 A MONTH ASSOCIATION FEE 6L LOT 2 BLK 2 THE VILLAGES PID 3111822210052 WRT CONNECT RNG,DWS,DSP,WSII,MIC,F/H L flPRUX L fWRDX SEW CONNECT MPH, D/P, HWF FLR M 18X14 1B M 16X13 FPL L RIRC TRM COM M 13X13 2B U 13X13 HEA FR /GAS MTG 155515 INT 9.5 % FR M 10X113 3E U 11X14 EXT STU EXF COPi ODs/89 RSM N KT M 23X10 4B BSM F,D,S PIN S 0 EMC 2MA 1 GAR 2 BET RI "ET Y SDN 284 SDP 476-3100 FSZ 1548 RGF 1548 BGF 1548 FSF 221g r:N VIRGINIA NORD 476-1537 BB Y-3.15 SR 3.15 ER FICE ROf;ER FRZENDIN, RE L05302 PH 473-7000 APT 473-7000 List Na 0 1. 2293 Su u 1 Addp 18770 11TH-RVENUE N EUROPEAN STYLE BRICK COURTYRRD ILDLIFE FCREA DEER, PHERSRHTS, POND, MRTURE TREES RIVACY BRI&W RNID LIGHT HOME MTRLL WIMDUWS, HIGH CEILINGS, OPEN RIRY FEELIM6 ST FLOOR MSTER SUITE INCLUDES .JACUZZI & SEPARATE SHOWER IST FLOOR LAUNDRY REIFESSItITIfALLY LANDSCAPED WITH AUTEIKF/TIC SPRINKLER IRGINIR HURD OWNER/AGENT r L-$239,900 S-$235,600 - SOLD >>> BR : 4 TBR: 4 FET: 1 TBT: 2 HET: 1 STL: 2 STDR FIN: 3 INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED 18535 5TH ffVE NO TAX 53809 /92/F MAP 5B-23 MUri PLYMOUTH ZIP 55447 TWA $3809 POND IRRR 574 SUB 1 DIV 3 CDU HENN ASKSO HSP NILIITBOX17OX92XI64ACRHSFOR1993/ F YBL 1978-N BIR FERNERLE RD TO BROCKTON EAST TO 5TH -765534 ABSOLUTELY WONDERFUL! GORGEOUS 4+ BD 2STY COLONIAL W/O IN FERNDALE NO! FABULOUS NEW 4SEAS SUN RM OVERLOOKS CREEK WILD- LIFE RREFff WONDERFUL OPEN KITCHEN, FAM RM WITH WETBAR, BUILT INS! NEW DECOR! SUPER FINISHED WzU! MUST SEE! SEE SUPPLEMENT LGL LOT 9 ELK 4 FERNDALE MO PID LISTER WRT CONNECT RNG,I)WS,DSP,WSD,FxH L RPROX L RPROX SEW CONNECT MPH,BUS,D/P,SUN,HWF LR M 15X14 1B U 163512 FPL F,fl AIRC TRM FHA,VA,CDH,CIN DR M 14XI2 2B U 12X12 HER FR /GAS MTG 171000 INT 10 FR M 2OX14 3B U 12X11 EXT MZV,BZS EXF CON IODO HSM N KT M 19X14 4B U 12XIO BSM W,F,L PIN $ 0 2MC 2MR Sid M 16X16 DN L 15X9 GAR 2,A,Y BLUE PRINT MEASUREMENTS RM L 18X14 AM L 15X13 BBT Y MET Y 284 SDP 476-3100 FSZ 1403 AGF 2503 BGF 975 FSF 3478SIN AGN SUE VAN LEER 476-5326 476-1266 BE Y-3.15 SR 3.15 ER OFFICE EDINA REALTY, INC. LB5113 PH 475-2411 APT 475-2411 List lie 765534 Sup:= 1 R d d 18535 5TH RYE NO. THIS BEfOUTIFUL HOME WAS BUILT BY LU"DGREN AND BACKS UP TO WMiDERFUL POND AND WILDLIFE AREA OFFERING TERRIFIC VIEWS fl"D PRIVRCY. fWDITIUMAL FEflTURES OF THIS HOME INCLUDE: G•RRCIIIUS CERAMIC TILE FOYER FRESH NEW LIGHT CORPETIN6 fMD DECOR! FABULOUS GOURMET KITCHEN WITH CENTER ISLAND, JEMNRIRE CDOKTDP, BEAUTIFUL OAK PEGGED WOOD FLOOR, BUILT-IN OVENS w LARGE INFORMAL DINING AREA OPENS TO FABULOUS NEW 4 SERSON SUN ROOM FEATURING VRULTED CEDAR CEILING, 2 SKYLIGHTS, CEILING FAN, TILE FLOOR AND ATRIUM DOORS TO DECK -GORGEOUS WONDERFUL FAMILY ROOM OPEN TO KITCHEN WITH GREAT BRICK FIREPLACE WITH BLOWER, HANDY UETBRR, COVE MOULDING, VIEWS LRRGE DOUBLE -BOORS OPEN FROM FAMILY ROOM TO FORMAL LIVING REM. RICH COVE MOULDINGS ADDS AN ELEGANT FEEL.ING- GRACInUS FORMAL DIMING ROOM FEATURES COVE MOULDING, CHAIR RAIL, PERFECT FOR ENTER'TRIHING 9AIH FLUOR POWDER RODM WWDY MAIN FLOOR LRUM-DRY AND HUD RO.OiI MASTER BEDROOM FERTUREt SEPRRRT.DRESSING AREA, DOUBLE VANITY AND SEPARATE SHOWER.. THREE fmDITIUNAL BEDROOMS VITH COZY WINDDW SEATS, STORAGE ist No 765534 Sup= 2 Add 18535 5TH RYE NO. WONDERFUL WALKOUT LEVEL FERTURES GAME ROOM AND RMUSEMENT ROOF! UITH SECEND BUILT IN BAR AREff INCLUDING SINK,. STORAGE flhD BAR REFRIGERRTOR- PERFECT FOR CRSUAL EffTERTRFIf I NGr AMUSEMENT ROOM FEATURES WOOD BURiI"6 STOVE, CEDAR TONGUE MD GRMVE PANELING ffND DOOR LEADING TO EHCKYHRD_ GREPrT DEN BEDRGaK OFFERS SUPER RMtl FDR TEEtfS OR INLAWS.. W OMBERFUL 3,14 BATH OFFERS SHOWER SERT AND HEAT LfiMP. HAMW CEDARCLOSET FOR EXTRA ST13RRGE iiFf.l 1 r 7 N 1 LiG i v,JI a3W 70 1 1 • C U t L—$239,500 S-8230, 066 SOLD >>> R: 5 TBA: 4 FBT: 1 TBT: 2 HET: 1 STL: 2 STAR, t FIN: 3 11 INFORKRT-TUN DEEMED RELIABLE BUT NOT GURRRNTEED 18335 STii flVE NO . TAX 34543 ,192/F MAP 58-23 UN PLYMOUTH ZIP 55447 TWA $4543 POND,CREEK U574 SUE 3 DIV 3 COU HENN flSBS0 ASP U T E90XS171XW90XN162 ACR .34 HS FOR 1993/ F YBL 1977—N SIR FERNDALE RD TO E ON DRDCKTDN TO S ON 5TH TO HOME 2775885 0XRGEUUS CREEKSIDE LOCATION IN PRESTI6IEIUS FERNDALE NORTH N EXCEPTIONAL HOME W/GENERDUS SPACES FOR A LflRGE FAMILY WITHIN WALKING DISTANCE OF THE LUCE LINE, WRYZRTR BEACH & WYTOWN WRYZATA SHOPPING. 6L LOT 17 BLOCK 4 FERNDALE NORTH ID 3111822310018 WAT CONNECT RNG,DWS,DSP,WSD,MIC,FXH L APRUX L APRU?C SEW CONNECT MPH, BUS, TRC, DXP,POR tR M 18X14 1B U 18X13 FPL F,A AIRC TRM Vfl,CDN,ASM,CIH R M 14X13 2B U 14X13 HER FR zGRS MTG 173700 INT 9.25 FR M 19X14 3B U 12X12 EXT WED EXF CDN,ARG DD5z86 flSM 0 T M 14XIO 4B U 12X12 BSM W,F,L PIN $ 1497 2MC 2MRtD . M 14X10 DN M 13X11 GAR 2,8,Y CALL LISTER FOR INFO DN L 13X12 PU M 22X12 BBT Y MBT Y ASSUMPTION OF MORTGAGE DN 284 SDP 476-3100 FSZ 1592 R6F 2864 BGF 1050 FSF 3900 11 GN SUZRNNE JiCK 475-2731 BB Y-3.15 SA 3.15 ER ICE ROGER FAZENDIN, RE LU5302 PH 473-7000 APT 473-7000 D SUMMER CRNUEIN15 I EATURES: FIRST FLUOR SRUWNPRCIDUSFRYER MOULDING IN LIVING ROOM CHAIR RAIL AND CROWN MOULDING IN DINING RDDM RKITCHEN WiCERRKIC FLOOR, CENTER ISLAND, TRACK LIGHTING AND ATING RREA LflRGE ENOUGH FOR THE FAMILY. EENiL.IBRflRY W TONGUE N GROOVE PANELING BUILT—IN BMKCRSES AND DESK. kRMILY ROOM WZFULL WALL FIREPLFICE & WET BAR W/WINE RACK. UPPLEKENTflL HEAT Ir NEEDED. L.RUNDRY ERTRENMENT SIZED SCREENED PORCH COPD FLIIUR PRIVATE MASTER SUITE WZLRRGE.WALK—IN CLOSET, DRESSING M WITH VfMITY flND BATH. THREE ADDITIONRL BEDRiHIMS AND FULL BATH KOUT L SHAPED RMUSE"ENT RUEM WiRUUM FUR POOL TABLE AND RRISED TH EIREPL13CE AND BARN SIDING. 6E BEDRMN AND BATH SEf'ARRTE STORAGE, MURK SHOP RREfl ISTING NUMBERES)?. ISTING NUMBER(S)? FUNCTION? B UNCTION? BYE 05,103.93 11:24:21 SYSTEM D LINF •`S: LOGGED OFF — CENNECT TIME 25 MINUTES Na 77588.5 Supe= 1 Add 18335 5TH AVENUE NList REEK flHI) WILDLIFE flREA IN BACKYARD USED FDR WINTER SKflTIN6 D SUMMER CRNUEIN15 I EATURES: FIRST FLUOR SRUWN PRCIDUSFRYER MOULDING IN LIVING ROOM CHAIR RAIL AND CROWN MOULDING IN DINING RDDM RKITCHEN WiCERRKIC FLOOR, CENTER ISLAND, TRACK LIGHTING AND ATING RREA LflRGE ENOUGH FOR THE FAMILY. EENiL.IBRflRY W TONGUE N GROOVE PANELING BUILT—IN BMKCRSES AND DESK. kRMILY ROOM WZFULL WALL FIREPLFICE & WET BAR W/WINE RACK. UPPLEKENTflL HEAT Ir NEEDED. L.RUNDRY ERTRENMENT SIZED SCREENED PORCH COPD FLIIUR PRIVATE MASTER SUITE WZLRRGE.WALK—IN CLOSET, DRESSING M WITH VfMITY flND BATH. THREE ADDITIONRL BEDRiHIMS AND FULL BATH KOUT L SHAPED RMUSE"ENT RUEM WiRUUM FUR POOL TABLE AND RRISED TH EIREPL13CE AND BARN SIDING. 6E BEDRMN AND BATH SEf'ARRTE STORAGE, MURK SHOP RREfl ISTING NUMBERES)?. ISTING NUMBER(S)? FUNCTION? B UNCTION? BYE 05,103.93 11:24:21 SYSTEM D LINF •`S: LOGGED OFF — CENNECT TIME 25 MINUTES 0. OFI Sfla JOSEPH A SUSAN SORREMOq H R T & e RIGIADS THOMAS W 6 GAL S RIDNRDS H R R0 & E IOJBERA ELVA ISHNSB VERN O JOON PAA R JORSTAD AND M R 21000 240M 22000 22000ERA 0 114200 2%00 25600 601.112 20632 1656-7S 50.03 1374.6 Om 7631S 449.11 312391 Om 1914 6%11 1149 386M 1935 A 140000 OWN WA E 195%112X155X115 A 200)315X295 50000 1376 C A E 1047635X114430244 244 WAYZATA FAMMSTEADS 244 WAYZATA FARMSTEADS 2NWAYtAIAFARBSTFADS WAYZATA FARMSTEADS 31 ITS 2212 8011 211192240012 3111122 0 UM 311112240011 CI! of Phmouth (Continued) N r Lw Ye Iw a., sr« YR sr. 6.w Mss T "'S' a sa tia P> 2822 rin awn 4600 1397W 61200 70600 UY Fit DEW WTI 096 A 110X3375 16600 0671 606 W A 110 X 170 A /t X 360 05M /5.033 416 W A E 135X41 SX135MI5 twa 3111122 4 0011 31 119 22 0 MO 311192200013 31 116 22 0 0015 tai TZ MMI el uw Dad L"W 1122.30 1111.72 106111 36NX " 733615 OUAXMD 447{1 IOW 1065 LA A . . . . . . . . . . . CCTM TJJOIe60N 0 F SE11D D 6 J L BROWN A A HYIDDAL t N E KUX DAC PATRICK H41SEY ARNOLD A HAUOOAIE H Y H Y H r H Y 15000 15000 I SODO 15000 100000 121100 11" 106100 1632.11 2113!0 2221.16 1144./6 Om Im Om Om Im 1103 m 1112 am t982 0.00 1%2 14500 16/17 W 9 115000 SWAB U2 W 1 1311225 WIT W I 100000 0417 CI 244 KYtt10llITI CI f 244 PLYMOUTH O7 C 244 PLYMOUTH qE& PLYMOUTH CR244 EEL Ii 11/22 21 0006 16 111 22 32 0001 It 11 t 22 2/0005 161112232 DOW 22 am 1963 Om 1941 Om 1960 77930 1970 0.00 1980 Om 1%1 on 1979 4761.71 1114 m 444 IDH OTJ 1073 476 JERRY L MUSMA N ET Al 91MM C aKa ET AL W& EST R 6 R ADLER 0 6 S BAIFELD JERRY I MASSMANN & E C KOHFEN & H R KOF4EN RONALD L 6 RD)E E A ADLER DWAYNE 0 6 SLYYA M WELD M Y H Y H Y H Y 15000 15000 i SODO 15000 123700 116100 700 11"M 216631 2270.76 1779.50 2293.66 Om 6m em OmOm 9m i%2 IN 1012 im 1112 1112 103900 1071 2/2 W I 116103 BAN W / 114 N W610412Ot 10W6135000O3W6low, 244 RYHOUTH CR®( 264 PLYMOUTH CJ C 244 PLY MOUTH CREEL 244 CREEKCC 24 MIIA 3 111 22 32 0010 li 111 22 21 0003 1611122 320011 16 111 22 24 0002 4010 4061 4064 1065 RINTM H WA R A CLAYTON L J L CLAYTON NANCY COME NNW E MENREY ROBERT A JAKE CLAYTON H Y H Y H Y M Y 15000 15000 IS000 15000 7700 121200 112700 120000 1756.60 241620 2173.42 2311 JN m Om Om Om Om 11112 Om 1062 0m 1112 0.00 1052 113750 0612 300 W B 113050 0472 %6 w 134125 11/62 W9 139000 11/% 241 W 9 244 PLYMOUTH CRUX 244 PLYMOUTH CREEK 244 PLYMOUTH CREEK 244 PLYMOUTH CREEL( I 1611: 22 31 0001 16 11 22 32 0013 16Its 2224AM 1611122 23 0011 4m- I009 1092 1051 4096,WN 316WAWY MHMMISCIB&0RYARSCIEL TO PER & V L PREY CAROM A PETERSON E AG1EMAp1 JAMES 14. BETTY M ZJM H Y HOWARD M 6 GLOWM R MAASCEL H r PETER J & MCI) L PEWS H Y H Y H Y H Y 15000 15000 5000 15000 1 SOD) I S000 116800 1005M 101200 96700 112600 70W-Mr- Z376.12 1424.16 193.64 1733.70 217S.72 Om Om Om Om am Om 19U Om IW Om 1962 0.00 1262 am 1113 T11500 IBM W1 1215110 11163 No W B 107975 Saw 244 W B 137000 07/91 W I 1 264 PLYMOUTH CREEK 244 PLYMOUTH CREX 214 PLYMOUTH CREEK 244 PLYMOUTH CREEK 244 PLYMOUTH CREEK 214 PLYMOUTH CREEK 16 111 22 23 0012 16 ITS 22 23 0009 16 11122 23 0013 16 11122 23 Was 16 1 Is 22 23 I 1100 4105 II10 1115 C 0 W. & S A CU P DMMORD&JTNOItl 0 & J SY ONS LLLIAN VOGT UAAJ1r=r11N- CARL 0 6 VI RLEY A CULP DONALD&AM NORD GREGORY J & JANET S SYAONS M Y H V H Y H Y 15000 Sam 15000 15000 99300 101100 1 t2S00 99700 170]24 6034 2161.70 1102.40 Om m am 0.00 m last m IW m 1961 0.00 1991 126000 am W A 137090 /314 249WA 129021 S"I 242 W A 129310 12/93 W A 244 PLYMOUTH CREEK AWN 244 PLYMOUTH CRIB(2N0 ADW PLYMOUTH CFM IND AM244OD 244 PLYMOUTH 0*9 2ND AODM 16 1;:2223000 16 1 22 23 0011 16 111 22 23 0042 16 11122 23 0039 U 1110 AIM 41502 4504 11911/19 E PETERSON SMV ARA L YNDT wR6)M l DOW AABARA M 1EfDE SON r M Y H Y H Y 154700 12000 1200012000 96300 66100 55200 55200 5588.11 779A2 70352 76952 Om Om Om 0.00 Om 1963 Om 19/2 Om 1962 0.00 1952 13%00 WAS 300 W A 50900 11/15 412 W A 6o X N 09400 0117 271 W A 60 x N 707U 07/62 096 W A 34.5 X N I 244 PLYMOUTH CREEK 2ND ADW 244 AMHURST 2ND ADON 244 AAAHLRST 7TH ADON 244 AA NJRST 2ND ADON 16111 22 ri 0010 09 t N 22 34 0013 09 11122 34 0011 09 111 25 34 001 S 1506 601 4510 612 Y MITCHELL & M LA i MTCIHl F9ECCAVANJTH GtADYS B KVASON BARBARA S TOM H V H r Y H Y 12000 120M 120M 120110 56500 U300 61500 67500 744.4 900.06 26211 99624 Om Om Om Om Om 1962 Bm 1%1 Om 464 Om 1961 6164 0792 /NWA SAS X N 76600 OYs7 WA YX% 5000 1076 W A S2 X 88 12200 Ml 188 W A N 55101969014 244 AMHURST 2ND ADW 244 AM6ARST 2ND ADW 244 AM6itST 2ND ADW 244 AMHURST 2ND ADON 09 111 22 34 0016 49 22340017 Be 111 22 34 0019 09 111 22 34 0011 1521 1A 4515 616 4S14 4520 625 4526 4526 E J VANKELF&O M VANIQELWN FRANK J lifIABA Y M WAMSLEY A R E WAMSLFY LANNEE C JASON 111 PFILPS W J & S A ROE60CH R & J TIAs( MIA HOMES NC EOWN & BARBARA VAYOEMN MARY M WAMSIEY F P 111 A PILLPS WAYtE J RDEHVCH RICHARD J & JOAN T HAK D F PETERSON & D S PETERSON H R H V H Y H Y Y H R N Y M Y 22WO 12000 12000 12000 I2000 12003 22000 12000 12000 5 6600 61.763200 6M 61203 6" 61200 57500 62203 62500 111396 99 697.76 697.76 WOM 241 1.62 99624 1746 1.74 on Om Om 0.00 0.00 0.00 74.96 0.00 0.00 Om IX Tsai Om 1 %1 Om 1881 Obo IMI Om 1 %I Om 488 Om 1 %1 0.00 1 %1 1075M &M 244 W A 00 X 167 6620 0971 W A N 15X100763709 6861 20031 226 A N 53)29X6406 75000 0415 096 W A N 55)04%55x89 LISA 0*86 INWA N47XIlOKWIDO11122 7402 Gal 096 W A W 45X100X55%93 97750 W91 162 W A E T t SKI 70XSa071 79900 0387 W A W SWI %68x100 70702 01/12 ON WA W 557284x65)01 244 AAe115T 21b ADW 261 AM61R5T 2144 ALxN 244 Ah"JIST 2ND ADW 244 AMAILST 2D ADEN 29 AAHIRST 2ND ADM 264 AM LIR5T 2ND ADON 244MIAQRST 2ND ALIGN 244 AMHURST 2D ADON 1 122 34 0020 09 11122 34 0002 09 111 22 31 0011 09 11122 34 0022 09 11122 34 0023 U OM 09 111 22 34 0025 09 119 22 34 0003 09 Its 22 34 OM 09116 21340027 JIM 1512 631 4S35 636 M L SUFM BETTY J HAMMES MVAN D GREMIGER L C SPOOIER & A R SPOOFER BARBARA l SOLYST LARRY C A ANGELA R SPOOK M T H Y H Y H R H Y I 12000 12000 220M t 7000 61200 LUDO 68100 6" 39726 90234 2063.50 929.62 Om Om Om 0.00 Om 1941 Om two Om IS&I Goo 19M 1 I1 swl DO 95651 ONI1 096 W A W 61 X105166)09 71600 OWN WA W SW OD61Xt 10 200 M47 600 W A E 111 X171311X165 94000 0388 134 W A W 60X107X43X188 284 AMRnT 2ND ADON 244 AMHURST 2D ADON 244 AMHURST 2D ADON 244 AMHURST 2D ADON 244 AMHURST 2D ADON 0 11122 34 5M 09 Its 22 340029 09 119 22 34 0030 09 119 22 34 AIM 09 116 22 34 0031 I M 641001 1 I 7M IZM 276WA WIU12MXIOSIt A 22 34 W32 4555 665 I" 610 615 4620 625 WAYNE FLED( J S ERRE & Y J M 1UER L A MAIZE R & V S MNBt T & S SNOOK TSLII NN F A W CHUN WON G J & Y FRANCE 1 M KDOLICK A D E KOOLICK D W MACDONALD 4 K A AUSTAD MARK A MASTRO JAMES MEl2ER & MARY MELZER LE A & VCD J MA ER THOMAS E & SNEUTA 0 SNOOK JAMES K & MARIA R fI54NCK BEN M & DEBRA E KOOIICK H R H R H R H R H R H R H R H R 22000 22000 22000 22000 12000 22000 23000 23000 56700 60100 92700 1311 DO I 157800 111900 130000 161500 97712 105510 1102.10 2900.58 3001.12 300836 2997.14 379950 Om Om Om Om Om Om Om Om Om 1966 Om Om 19% 0.00 1987 Om fess Om 1%7 Om 1967 0.00 INS 162 A E 10)065703X144 96000 OW 322 W A E 7W 40=141 136000 07/90 WA E 100)1 It X103%149 165500 II/9O 310 W A W90XI 4005X138 1 ) A %60%15220X144 151179 1076 310 W A EIO)C199X60X19T 1116000 61/88 262 W A W9M 31 Xl l3X1 S2 115000 1091 - W A E90XI92X)17Xt 59 244 A611URST 2D ADON 244 AAHRST 2D AMN 244 AA//FIST 2D ADON 244 AM9.RST 9TH ADON 204944([037.9Rf6DW 291 9 9/41157 TTM ADON 244 AMURST 9TH ADON 244 AMH ILST 9TH ADON 09 I1& 22 34 0005 09 i 1122 N 0006 0011$22340007 09 111 22 3`100" 0t10/1441071 00 f IS 22 310071 0911122 N 0075 091 U 22 34 0071 635 16q Goo, 005 ROBERT E L A GERALD H & CAROL D WEON T V GRIFFIN A J K GRIFFIN THOMAS LUR L V MOr2KO & M A MOT1KO GERALD H WEDN TADTHY 6 AWALC-FE GRIFFIN LARRY MA70YEUL LEROY V & MAREYI A MOT1KO H R H R H R H R 23000 23000 22000 22000 I 166000 112600 117000 106200 3927.76 2599.02 266.36 2187.16 Om Om 39624 0.00 Om 1965 Om IN? Om 1987 0.00 1967 A PRECAE.AR 209 AMHURST 9111 ADON 132600 W97 216 W A 551X137%1 /1X134 244 AMiiiST STH ADW 173972 MW{ 134C I W 111X141 XI00X124 244 SLY ERMDWE 2D ADON 13MM 007 W I E I DOX139XI 142133 244 SLVERTHORNE 2N0 ADON 06 11122 34 5074 0111422340072 09 ITS 22 34 0073 09 111 22 31 0064 09 118 22 31 0067 10 UURENT 70.99 225.77 0.00 A W9UX1X111 1 I 1 4715 4720 031 4900 T & A HYLAAJE F t 111 FOLEY IAl1RFNT DEMiOPMENT c0 P E SOl1CFER & R M C BOUC ER TODD M & ANGEU A HYS ALIEN LIFO t DEBORA FOLEY PALL A ROSE MARE BOUCHER M R M R L H R 35000 35000 26000 3MM 11000 71100 0 155700 1137.90 16)4.16 141421 3977.00 Om Om 225.77 0.00 Om 0.00 OTD Coo 1959 117WS 07/90 090 W A EISX1 MSM 40 116100 0370 W A W76X141 XI22)1141 A W86XI 41)00X141 1661 S CA9 W A %X 110 209 6LVERTI01H NO ADW 244 SLY4RTM" 3RD ADW 244 SLVERTFDAE 2D ADON 244 SLVERTHDRNF 3FD ADW 09 11122 31 0094 01111121111" 111223111" N 11122 310107 09 111 22 3101106 4910 4SIS 1120 49M E 0 & D M OOLDSMTH A C ANDERSON & A I ANDERSON Y)IIEE V LEJONVARN ET A. W M & P A FUSS M ALBERT & AGNES ANDERSON VOl1RE V LEJOFNA N & WILLIAM & PATRICIA FUSS H R M R H R H R 35000 35000 35000 35000 140500 TIM 13UM 12MM 3341.64 339711 333221 306.44 Om Om 0.00 0.00 Om IBM Om IBM Om 19U 0.00 A EIDSX149MX163 192000 0319 310 W A 88 X 140 159900 NM 001 WA E9W6&OM U 167325 02/19 074 W A R X 16 164000 M49 0% W A E 19%24)005X1 % 2" SORMOINE 3RD ADDN 244 SLVEiTHDR E SID ADON 264 SLVERTHORE 3RD ADDN 294 SLVERTHORFE 3RD ADON 244 SLWATHOWE 3RD ADW WrIT7rrl larw 09 111 22 311165 M Its 22 310063 011922310104 0911122 31 AN N 4LTS MAK B & CARMEN K THOMAS 4900 6 L & J A ABEIE GARY & AEE ABERLE 605 K S OSTOIC & T A OSTOIC KURT S OSTOIC & TRACY OSTOIC 610 JOIN K SCHMIT7 4920 LA6RENT pAOEtS W GUS J C 1EM A L R SE ZEN ARES & LYIETTE 9ENZEN N R M R L H R H R L M R 3W 35000 26000 35000 15000 1300 35000 12M 19800 0 111800 81200 123600 070.99 1'$100 W.11 2089.11 141422 2719.66 194.64 3057.4 21100 0A Om Om Om 0.00 CA 225.17 Om CA I9N Om 1988 Om Om 19M 0.00 0 A i9a Om Im 161175 1 1 XI 130407 M1 606 W A E IOXI W 2SX158 111000 OH11 001 W A WI10X16)60%139 16522 WN 260 W A E I5XI5W I5X SO 095 A 90 X 16 law Was W A OD x I so A 120 X 16 163600 0390 490 W A INK 150 SILVERTHOW 3RO ADON 244 SEYERTHOWE 3RD ADM 244 SLYERTHOIR E 3RD ADW 29 SLVE RTFDWE 3RD AMN 244 SLVERTHOWE 3RD ADEN 214 SILVERTHOW 3AD ADDIN 244 SLVEInHORE 3RD ADM 244 SLVE I)ON 3RD ADON KrITUTITIM 09 111 22 310091 0 114 22 310102 09 11122 31 0090 09 119 22 31 0101 Of 111221 1111: 22 31 1100 22 31 IOU OIIENSLAID Into CT ...... . .. J J SENDER & K 0 /EIDER JAMS J A HASTEN 0 BENDER N R D1.5000 2Ot6 . 201600 5563.03 Om Om 1988 0910 W A 244 HADLEY WOODS 31 119 22 0 000 1 1 17020 17925 WILIANDJTRUS T J & S J OUKA NL TIMOTHY J OLNER H R H R 36000 36000 166400254000 014M 686196 Om 000 Om 1988 000 1 %7 200000 OUN /NWA S 175X11SX197XI10 359037 on W A N 169X99X197XI14 244 HADLEY WOODS 2441ADLEYWOODS 31116 22 a im 31 111 22 4 0474 t t t 6 n n 0041 0. OFI Sfla JOSEPH A SUSAN SORREMOq H R T & e RIGIADS THOMAS W 6 GAL S RIDNRDS H R R0 & E IOJBERA ELVA ISHNSB VERN O JOON PAA R JORSTAD AND M R 21000 240M 22000 22000ERA 0 114200 2%00 25600 601.112 20632 1656-7S 50.03 1374.6 Om 7631S 449.11 312391 Om 1914 6%11 1149 386M 1935 A 140000 OWN WA E 195%112X155X115 A 200)315X295 50000 1376 C A E 1047635X114430244 244 WAYZATA FAMMSTEADS 244 WAYZATA FARMSTEADS 2NWAYtAIAFARBSTFADS WAYZATA FARMSTEADS 31 ITS 2212 8011 211192240012 3111122 0 UM 311112240011 A i i I5 170 IK 11 S HAROLD A HAAAGESEN T W MLARBIAN JWD A HARLD" THOMAS W A DEBRA A f AXEMAN GERALD A LAMM ETAL GERALD A U ROSE J 6 0 COBU01 JOSEPH B & GNA M COBURN M R H R H R H R 22000 26000 21000 23000 4600 1397W 61200 70600 76472 46 105939 1325.0 412.71 Om 42031 Om 4202 tO% Om 1959 362.42 19M Coo INS 096 A 110X3375 16600 0671 606 W A 110 X 170 A /t X 360 05M /5.033 416 W A E 135X41 SX135MI5 244 WAYZATA FARMSTEADS 214 WAYZATA FARMSTEADS 244 WAYZATA FARMSTEADS 244 WAYZATA FARMSTEADS 3111122 4 0011 31 119 22 0 MO 311192200013 31 116 22 0 0015 I 705 210 215 - L GRAVE 0 R PACE A M L PAGE GARY R PAGE 9 WASIM & M J WASHA BRADLEY WAW & MAK WASMM C R JOI95W & J I JOHNSON C R & J I JOHNSON ERIC ORU N ERIK BRUIN H R H R M R H R H R 2M 32001) 27000 34000 21000 IM 11700 S5100 10700 673M 1122.30 1111.72 106111 36NX " 733615 07.99 Om Om 0m 771.17 437 IVA Om 1072 am 1025 Om INS 618.02 1947 1Js)WbX1DM10 110900 QU 256 W A W 13SX1910=119 a 07/89 276 W A 135 X 7025 614 A W 19028XI64003 40300 OV78 ON A 150 X 7975 294 WAYZATA FARMSTEADS 244 APPLECREST 244 WAYZATA FARMSTEADS 244 MPLECREST 244 WAYZATA FARMSTEADS MPAUMT TrINIFEWO-14 31 119 22 0 0041 31 111 22 0 0016 31 11122 4 0022 31 111 22 0 0017 335 700 4 D 410 41 425 OS 440 Y SHUMON R ANDREWS D NARAYM A & J C NARAYANA It" DUBf1DE iT AL ALLAN L FSCIER A WF K L SOUTTE & S C IOUnE J&JCRAIG K LIMEN ETAL 0 PALL & SALLY M STEC ALVAM H R H R Df1AIA I & JUDITH NA AYANA M R33WO MEALN A MARGERY E d1ssELDE H R H R BEI D /OWLESUARCM 9 BOWLES H R JOHN D&JERRY A CRAIG H FL LOS A LINDEN H R M RL 29000 26000 26000 26000 37000 57600 40000 S78M i4W 98600 119000 106600 99300 116200 21003 24NO 156100 3445,34 2016.70 497132 237332 210731 411212 SMAO 742.4 469 N 1 A m Om 3430 0.00 Om Om 200520 Om am 1963 Om 1941 Om 1960 77930 1970 0.00 1980 Om 1%1 on 1979 4761.71 1114 m 444 131500 0756 W A W 17al bOX I7 201000 0151 W A I10 X IU A 110 X 1% 117000 05/88 242 W A W 121%18205X188 1 1 1 1 229000 17TH C A T IO X 261 297000 0510 WA t10xizt A 301 X 5155 220000 1758 W A 110 X 611 244 ROLLNO Rom AGAIN 244 WAYZATA FARMSTEADS 244 ROLLING RIDGE AWN 244 ROLLNO RDCE ADON 264 HADLEY PLACE 264 HADLEY PLACE 244 WAYZATA FARMSTEADS 244 HADLEY PLACE III I is 22 42 0011 3111822 42 0014 31 111 22 42 0007 31 Its 22 42 0013 31 114 22 42 0012 I 31 114 22 420021 311 4 22 42 0020 31 114 22 42 MM 31 111 22 42 0019SOS Copyright 1981 Plat System Services Inc. Publisher has made every effort to obtain accurate and CLFrerx information, but n no manner is the information herein guaranteed. and Atte plAbisher aha! not be responsible for any loss caused by d18 negligence of any of its agents or employees in procLA'K;J compk4 or PA)ishin9 the said information. 0 I I 0 r L11 r n 0 u r CI C C L LI Real estate Star Tribune Tuesday May 11 / 1993 home buyingFranticmetropace continues; prices are heading up AprilAril activityup nearly 27% over year-ago period to 66 days in April, down 16.4 per- year" if the trends continue, Grill By Willard Woods cent from last year's 79 days, the sai Staff Writer d. St Twin .Cities home buyers in April continued the frenzied pace started in March — the industry's busiest month inhistory. As a result, home prices are beginning a significant up- swing. Sales of single-family homes rose nearly 27 percent in April, to 4,610, when compared with the same month last year, according to figures released Monday by the Regional Multiple Listing Service. Meanwhile, the number of listings in April rose to 6,832, 4 percent above April 1992. But there still aren't enough houses for sale to meet buyer demand,. industry observers said. In April 1991, there were 7,531 listings. Houses also are selling faster. The average number of days a house had been on the market before it sold fell figures show. Increased sales, fewer listings and a faster market have bolstered home prices. The median sale price of a Twin Cities home rose 6.1 percent last month to S95,300, up from $89,800 in April 1992 and nearly twice the rate of inflation. By comparison, home prices rose 1.9 percent between April 1991 and April 1992. Because of the increase in home prices, home buying is becoming a better investment, said Todd Grill, 1993 president of the Minneapolis Area Association of Realtors. Though the rise actually began in 1992, home prices "won't be as static as last year. There's no doubt about it, there will be appreciation that's higher than the rate of inflation this People also asked more for their prop- erties last month. The average asking rice for all property types was 113,324 in April, upe from 5111,429 in April 1992, the figures show. Sales of all property types — includ- ing condominiums, townhouses, mo- bile homes, etc. — rose 24.4 percent, to 5,031, in April, compared with 4,044 the same month last year. Homes sales increased in every price category except those ranging from 40,000 to $49,000 and those in the 400,000 to $499,000 range. Though property sales increased in April when compared with the same month last year, they are down when compared with March, a record-set- ting month for Twin Cities real es- tate. April's single-family home sales fell 8 percent from March's 5,021. 0 100,000 houses are best=sellers Houses priced in the $100,000 to more buyers are competing for the 119,000 range were the most pop- same houses. If that continues, ular with Twin Cities buyers last housing prices will rise, Wood said. year, according to an annual real _ estate industry report released $103 average saleg aunt year was Tuesday. from 1991. The Residential Real Estate Activi- ty Report showed that a record More people bought houses in the 41,944 residential properties — S100,000 to SI 19,000 price range mostly single-family homes — were than in any other range. The sold in the metro area in 1992, up 880,000 to $89,000 range was sec - from 35,598 in 1991. $ But housing industry executives But the greatest growth in sales were surprised that buyers made occurred to the $120,000 to their choices last year with slightly $ 180,000 price range. more houses listed for sale than in 1991 but fewer than in 1988 And for the first time, more people bought houses using conventionalthrough1990. financing methods rather than us - The real surprise is inventory is ing loans backed by the Federal I've in Housing Administration. Buyersprobablythelowestseen said Mike Wood, president used conventional financing in 33.8 years," of the St. Paul Area Association of percent of home sales and FHA loans to 31.3 percentRealtors. wfd Woods A higher number of sales among fewer properties listed means that CITY BRIEFS Average Plymouth home prices up 5.5 percent, say Realtors The average home sales price in Plymouth rose 5.5 percent year, during the first half of this according to figm-es released by the Multiple Lisfing ervice of the Minneapolis Area Association of Realtors. TYte association reports that the average sales price of Single- family homes sold in Plymouth during the fimt ha of the Year was $157,587, a 5.5 percent increase compared to the same Period last year. In Minneapolis during the same time period, average sales price of homes sold was $120,433, a 6 percent increase over 1991. ri 0 C CCS U. C°' y4. avv°v co 6% u.. ar e Z so E 00 ar m e='0` ted V_ yw Es $ °3_ E c" t° 8 O E inU ~ c'E 51 *too mid u O Cti3v v«uc5« .. Seo Q.c ';h 3 O a.;zco.5 Ens 0 1., 6. Cc r Cc 00, a S Cm° Ci° EEroO Q"y. C N C 7 C 0 C C~ V 00 y y •—Ri G 0° C E Q O GG C u m•v ~Vyi F l~^0 .'C « = O, y ocuo0 yen Ep is V1 C op« p' 00 oW y m •> ~ • C -> ` y` N p IE W. w+ 1m i u Lm o al u ca C 0.0car- 006E= oaLs> R° c tT G U.0 itW O a3 Sys y C> u E s b G C 4,.d _Q pp " E md u hoc'eev, `°um 4—«'c;aaHh.Eos HUahoE`ci E3 Oc cc M-2 God r-6 it A^l1 N(.° _ O. ,C v1 «•'C7 o.E- E W c c O` o c ui° amorl .0> 052 u O O u r.0; : «'y C C O G" Z doeco Q= s E^ O mac.. u "V` C E " 00 - Ee E zS1.0 cesu.c vac E0 myEu Eo- 15 7 ° t0 y it _u 4.. U O ... Cn 0=a 'g"yw- c Oz`ai >.-c . vo, - v ru E . 00ELL' ° O m- O—y to q Nyh U o Esq °u vg c y >; Ll .E " rtV. y c c O oG •„ rc060 'y O= a0CC 06 U OQ"Co REPORT #12 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: John E. McCarty PROPERTY ADDRESS: 15810 Gleason Lake Drive PID#: 33-118-22-33-0019 LEGAL DESCRIPTION: Lot 19 Block 1 Plymouth Manor 1993 ESTIMATED MARKET VALUE $83,100 1993 REVISED MARKET VALUE No Change ISSUE: Mr. McCarty appeared before the Board of Review concerned with the increase in value of his property. He doesn't believe he could sell his property for $85,000. RECOMMENDATION: Mr. McCarty notified our office on May 13th that he would not permit us to do an inspection of the property. Without an inspection of the property, and a current sales study indicating this property is not overvalued, no change in value is recommended. Respectfully submitted, Nancy Bfie, SAMA Senior Appraiser 1993 Board of Review Page 2 Dwelling Style: Rambler Year Built: 1960 Square Feet: 1144 Inground Pool: No rapt a _,: _, a elie r Comparable #1 PID# 33-118-22-33-0041 Address: 15505 3rd Avenue North C r Comparable # 2 PID# 33-118-22-33-0026 Address: 15710 3rd Avenue North Style: RamblerrDwelling Dwelling Style: Rambler Year Built: 1960 Square Feet: 1144 Sale Sale Price: 100,000 Sale Date: 02-92 Basement Finish: Yes Inground . Pool: No C r Comparable # 2 PID# 33-118-22-33-0026 Address: 15710 3rd Avenue North 1993 BOARD OF REVIEW MARKET COMPARISONS Style: RamblerrDwelling Year Built: 1960 Square Feet: 1144 Sale Price: 106,000 Sale Date: 4-93 Basement Finish: Yes Inground Pool: No 1993 BOARD OF REVIEW MARKET COMPARISONS 1 1 1 Comparable #3 PID# 33-118-22-33-0046 Address: 15630 2nd Avenue North 1 Dwelling Style: Rambler Year Built: 1961 Square Feet: 1169 Sale Price: 103,000 Sale Date: 02-931Deck: Yes Basement Finish: Yes 1 Inground Pool: No 1 Comparable #4 1 PID# 33-118-22-33-0023 Address: 15810 3rd Avenue North 1 Dwelling Style: Rambler Year Built: 1961 Square Feet: 1144 1 Sale Price: 93,000 Sale Date: 09-92 Basement Finish: Yes 1 Inground Pool: No 1 1993 BOARD OF REVIEW MARKET COMPARISONS 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #5 PID# 33-118-22-31-0049 Address: 430 Ranchview Lane North Dwelling Style: Rambler Year Built: 1962 Square Feet: 1144 Sale Price: $88,900 Sale Date: 05-92 Basement Finish: Yes Inground Pool: No i »......er`. SALES MAP Ivl 1 t 12) •t 13) (N) (15) •' N r "( a) tic) f N) „ t21I 7 NII • ~ rr'a, ' •-', -• IYI 1i t . 1 t a) t nt 1.0 pool 4'"• • r / • a 181 • a of I, old to JILL STH—'—>'WE--ir--- I e r • 3 OWE y Ipl II'•IY tip ! , 00 DA 0 J : , + ' BMW tai) • I IIItatI/m) ,iq ti+ Irl I•• , itliltLI t2lt ttl) ' GO ofNm( 2i1 t27) Iii, t•Il tr, Al 1i11 la) ++ xr t2+1 J :+', atf tl t I!, t'Yl 1•M /sw - Z 401 C fit mss.. VIA1 I, Th.w 1• • • IN) J I QAVENsUp _ Irl NII a , _ 4 MIIf•II 1 ' z cr 88,900 05/92 M„ IJK AmIwl col H I+t'rSt I11 ~' Tarsi '1•r• /r1 1 t7) _ y II „ Jl 1 O Im NII is Irl eft 14 IN 14m ”s JI " U , 11rJ sol Ir, • Iw, 1m L{ lard 171 1Ml Ipl - lam+ t. u r t71) to Irl I+n faINI I I. a N is IQI a - I+II t El 1J91 } MI 939000 09/92 ;106,000 04/93 " `- "" " ` " • `" 3RD _.,. =.Arm,--- -- — - nm MJ R -m- -av Im s • • r I t (22) (n) J (A) t2s) (Ta) t2e) _ (29) I7D) _ (]I) (a) I I•I" oil s 3RD AVE N i tit q (3 38) 9 So 100,000 02/92 1 1321 cu) l7+) cnt cx) cAt tom) - + tsn " IV s S l:n MAL.- 1039000 02/93 ) t.st t l u1) 1to 1 I I I , I f.!• s ND AVE N a dw w u, u u+lu all I t s + • Ip ( at too) l2a) Is (gyp (.'•a A 1 Iq t2) t)) l) (S) ® i7 - s I t77) SUBJECT t2a _ _ - - - — t2o) tit ln) • t2s) _ :.a - a- Vito 119 n . +* '. 1) ••' ,. tpKE R _ I :- CE Al«)_ lin . cam) "•. i P ( ss)'tsa ts) (s) b ( st) 1: ,. t aw~ - `•` t:ol A i45 gamma uJI-1-11 SO ts/-' .r '• 15 I F.'t. yY. i • _ • • lil) Q 161 M I _ (ul 7sir n Y' _1' Itf I)aa3 w•o,,rl Z • I 74a 9. , • rr•r•t IT I- rrr l S) R (1) I 1221 P r i 1 41040. 2ilS 15 KS r I k u REPORT #13 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Thomas P. Luskey, Jr. PROPERTY ADDRESS: 11907 23rd Avenue North PID#: 26-118-22-24-0008 LEGAL DESCRIPTION: Lot 8 Block 1 Penwalk Addition 1993 ESTIMATED MARKET VALUE $114,200 1993 REVISED MARKET VALUE $114,200 ISSUES: Mr. Luskey should have appealed his 1992 value of $109,000. He built an addition in 1991. Prior to the addition, a private appraiser said his property was worth 105,000. A neighbor purchased his home for $105,000 in 1991 with a view of Medicine Lake. This home was identical to Mr. Luskey's before the addition, and is currently valued at $97,000. Last year his taxes went from $1200 to $1800. He has requested his value be reduced to 85% of his present value or $97,000. RECOMMENDATIONS: Mr. Luskey's home was inspected April 6, 1993, along with his neighbor's for the 1994 assessment. As stated the neighbor's home was built by the same builder, and both homes had similar values and taxes through 1992. The addition in 1991 affected the value by adding a $16,400 improvement to this property. This impacted the property taxes payable in 1993. There was also a tax burden shift to modest priced homes felt by all properties in this range. That is the reason the properties' taxes went from $1200 to $1800 in one year. The reference to a view of Medicine Lake by the neighbor who purchased in 1991 is true, but the view is between two other homes which are closer to Medicine Lake. The request to lower this properties value to 85% of its 1993 value is unfounded. The appraisal submitted by Mr. Luskey dated 10-1-92, estimates the value of this property to be $120,000. The appraisal is enclosed. IPage Two I talked with Mr. Luskey, Friday, May 14, 1993, and he reiterated what he had stated to the Board of Review. When one analyzes the appraisal he submitted and the estimated market value for 1993 which supports that value, no change is warranted. Respectfully submitted, Michael Carro , CMA Appraiser r 0 u APPRAISAL. OF REAL_ PROPERTY LOCATED AT: 11907 'lard Avenue Nord, Plymouth, MN 55441 Borrower(s): IJISKEY, 9lianas aixi Rosanna FOR: Investor's Savings Bank, F.S.B. 1730 Plymouth Road South, Minnetonka, MN 55305 1 Attn: Annie Hansen/Steve Sherwood AS OF: 10/1/9L BY: Debt a III i u(lnkin SPA 114001073 Debra J. HI iii4Mwin Ajj)jah;al Co. 44 La L-.jra J. Bli.ndrmn Appraisal Co. INV #0388033 A UNIFORM RESIDENTIAL -APPRAISAL REPORT w me. 921001DA Popw1, Addew 11907 23rd Avenue North_ c.r.. Twd _ _ 265.05_ LENDER D18CFIrnONARY USE Pl uth c * Hennepin _ Err _Nfl1 a, Coes 55441 _ -_ --_ ESI P.w a Lao-m•brn Lot 8, Block 1, Pennwalk Additior!,_UMnepi-n Cty, M4 D.I. a oer.c0arwn LUSKEY Thomas and Rosanna.. Irlap R.I. 24-4A Mwlp.p. Arrau e a a.. MIND t N/A Dara ea. ApprgLised 19Ll/92 FyIOP RIGHT APPNwSEO %10%og. TrpSLorrPowbysawaNLAXII" st.Pr Droour- Parr WW 01mponofteWw an To" a 1 291.68 Ta. Yew 1992_ NDA tar. 0 W"*Vld Pab by Sew a C"e"lt -a. wuOUVAIumesdcwInvestor's Savings_ Bank,._ F. S. B. 1730 Plymouth Road South Minnetonka HN 55305 D. IArinoo PUD spwo. LOCATION X arrbraben Rwm NEIOF/OFHOOD ANALYSIS Good Mg. Ftl' Poor BULT UP apes 7a% Il 26.75% I U ndw 25% Enpho"O" flabely GROWTH RATE R.pe X Stet Sb. ConwrWbo b E.Pbyr"" x PROPERTY VALUES IroMdrq P ata. j - D -W --q cwwrwo b anoPOVf,. IN: 091AND(auPPLY b Barrq .._ J O..r 8opply cor.wr.erloa b Bd.o. LLARKETINa TIME X UMer 9 Mw. 74 Moa O..r a Mo.. AdapNoy of PWb Tr.nparoon X 1 PRESENT LAID USE % LAID USE CHANGE PREDOMINANT SINGLE FAMILY HOUSING Raaeelon FaoeM. H Sho Pb* 75 Nm &* }( OCCUPANCY PRlca AGE Ad**." of Losses x 8 2.4 FW* 5 La.y Dom 908 I X $0141 We) PMWV Co peaft X_ q MU*4w* 5 r roc.. (_ Teres. I= 50 1. 5 Pmwft awe ooftm m c naw. H cess"" 3 Tw. Vwwd Ia5%I I 135 _!!1" 75 Pa6P. a Fa. Pw.Yoan terrww _2 Vaoam Now a%I (--ndonitrra ON" Amewwlo. of From p Vows 10 70 55 Appem b M.rU.I }{ Nor: R.o. a M naw ewapoelaon a1 a noV*wh=d m nm oorl.bwee reW-. &We" baon. caMOM Older neighborhood just- 1/2.blk W of Medicine Lake. Small older bunqalows built in 20's-50'2 edominate-Jscattering _of newer- constriction_ like the subj_i ooded faark area SIL_ creek runs behind subj add ng_appeal to Ute.narrow site. Medicine Lake offers wide range of recreational activities with lake dock rights available. Access to MN Hwv 55--1 mile S. y= D6aw.rrr 50 x 141 _ ToPo Wv Slope to rear aa. Ana 7 , 050 cones Los No_ _ sin iir-o w. z ft Cla=NM RIA - residential 1 -family low" cooves, a Yes -. -__-- awes Rectangular HaviT a 81sT USE: ProSom Ur Yes Corr Use umnus PWB now SITE MPROVE.MENTG Typo P bk P..l. V.. esay XX 150 amp st«I BituminousA/ G. Wooded 1XI I._I L e•c•Pta AM— T ar RX Qob/Gulw Bitwni.nous ( I I. DK* -y Concrete E wart 40 gal.HW _ ShIP-. No AppwwlE..wn.M. None apparent _ awry Se.w 8.«I L" Yes I XI I . FEMA Food Hard Y". No X Sas low Ary Dirt X FEMA- Llp/Zw 270179 10 Zone C COMMENTS LAapww. Sawa. o"onee .. «nn.d.o.rr..pacw ......som...d. Week ar.L:approx. 3 ft. Below street gradey/gradual-slope f.Tgp street down to rear ]otline. Narrow_ site wfront site terraced w tie retaining wall & steps& ra a addn w cone drive -is all rear s_ite. av wt& DEBCNPTUCII EXTERIOR DESCRIPTION FOUNDATION BASEMENT NOW= Nrr 1 F-rKe.Son ConcBlk-G ab 3% Area sa FL 676 Rag above S/Foyer Enterer ww WdBat-A a..1 Sp. 11% rag* % Feist" 89% aero A Q Type pwAM det Roof SWINGS Asphalt -A Sown" 57%- - - . _ caf+a Text. UW ww A D..dr awe Contain. aNKaw. a O•nwr. Oyerhng _A ewp Pep No We_Drywall Flaw E ErO a Yes SIL dm. Type Csmt—A wmpn.r No Few Carpet NPrr Prpord No wane sash Builtin-A S.B.n.w No _ ...-- _--_ oaeree Erny No* - Ado%woy A QX under commobn No Bwoen. Y@s-A sd..r+an No to builtin bwpy ELlde" Iwe.: Aa• mea 13 Mw.d.as ne Hes,.. No *txiiltin garage_.e only Standard Meow Age (Yn1 B-10 eddn: 910sf Foes L"V Vb* V1 IUMdrr Den Fare* era R.c a.. Bea Caro a swr _Lrar aw Am ftFL 604 2_ _ 1 1,184 FYYer.d wee abo.a red. mrwatt: 5 Room.; 2 1 164 awes. F«r a Gmoo Lwq Ara. IUIIFADEI mobe aces~ 4ATINa KIICIIEN EOINP ATTIC MPFKNEMENT ANALYSIS Good Ara. jF' a t .Poor Foal L _A _ Trp• FMRMlpn.aw I Nes» I Walley m Conwwoaon n x U.. I 77 N ww 1-G Fwl Gas R. V.A)— I Sur. I cwdrn a In P a..m«K. X x T T,~ Oak -G Cmdoo. Avg-- Dew" I }( DMP sw I .I Room SIsaL.yord x Ban Fres Cr -G MOW" Avg -- - Dial."., I R Soul"I X_ I Ca.I. XaroSena. Seth watrml CT -G a Fwl bpm I }{ Row I I FJ -W Eedarroy X own Oak flush Yes . _ cwpw*- I . Ir..d I -_ I Fe~q . Aft%.oy a C..obn }{ hollow Core—Ci Co. -- wm wAhyw I F.W.d I I E.cbly • Adgnoy i Cwbaon X Qndewn Avg-- Mbo..r. I , unli v. I Xj Kadrr Caen." • Adsommy t caraa6on X Pt.Piedew Manuf . . 1 Ad -w -q A t-woom I Owp.ssy b N.IpIMwM" ( CAR STORAGE: Gw.P. X Ae.ded 1 Ad.Q ate X rwr» F*Y X MPSI s Mwrrbry r_ No. caro 4* Cwpon ted" -._.I wstd w.. I .. Orrwd. §+ft I X I E.r..e" foo tr" E.. ere 40 Yrs CarKIM Good Nor» art .X Elookk Uoor 2 S.wnr.m Eo.y == E.b..ra N1eraaY-'q Wyarvl Lr Am.orrl lNaa.s: W . main Fu BA. Eating area in KTT. Forma ER. LR as v_au t _ ceiling, Fpl & french_drs tonew quality 16x18 heated 4 -seas porch *spa" w/odr walls/floors, bow window, lg hot tub, csmt & clerestory winders, & atrium dr to wd deck tet s. o Derodolbn (Phymb•L awbrl ane wwr.l n.deWedes. mpat. ,rad" modwr-napn, .la : New atrium dr also from DR to deck. New rAd parquet floors in KIT. Ceiling fans. Owners have also added' on to original builtin garage, makis, it a 26x36 builtinLinsul_4-car tanciau garaNde. Rawer level hasfinished FM, A/F gual. T BR & .5 BA which is behind unfin.util.rm. OveralI avg/gd condition. No repairs required. I General raw" eor — aro P.ra1 — win tear a &AOWMww w.a'"W&rp e.wr r. w ter. ba.re.l w rb.n. we oor o.ar.rrc Financing concessions are reasonable & consistent, w/seller typically paying between 0 & 4 its in this market. All types of financing are readily available. Interestrateshave reached sub to tial I y I iuxeasedrecent r t a t Farm. met Fara 70 +ase -TOTAL- "pse.l .na.w. by a Is -.M. 6. 1 WK -1 328 0625 Fara" M« 1004 1asa Purpow of "Y to estimate MW WI Valve .5 d•Nrd h ttr C.rttac•Non t S4rr-4 of lknibtd Con BUILDING SKETCH (SHOW GROSS LIVING AREA ABOVE GRADE) N b, Fr.Ose M- a Fuld. M-, dh- «tN aWr• bot .6lo."l orta .r.a -0 .ppro.at a.n,-r.a 26.00 X 44.00 X 1.00 = 1,144.00 I.IV/1 4.00 X 10.00 X 1.00 = 40.00 Llv/1 GROSS LIVING ARFA (rounded) = 1,184 SF 26.00' X 35.00 X 1.00 = 910.00 GAR A/F''carrpatibility due to subj's.newer S/Foyer design amongst older bungalows in $501000-$95,000 range --external obsol.on Cost Approach & location factor on Market Grid. Its narrow site with no usable yard is also adjusted for, son>ewhat offset by the appeal of woods/creek.**ELncL.deprec.due to slight overimprovement of 4 -seas "spa" in its market. MARKET GRID: #2 has larger site adjustinent due to extensive, quality landscaping. #3's less private, not wooded site slightly offsets superior size. Ws 3rd BR recognized in its GIA adjust nent Not Rayaad by F-d01a Mac and FWtro M-) Dow plopally Willi a to Wkebl. HWNA Wp.rty aMMWd.T I I . Y- I I No N No. alplah: 1 t1 lit'!'8 ESIIAATEU REPRODLK;TION COST NEW - OF IMPROVEMENTS Dwa.p 1,184 8.1. F. • _ 66.00_. : 78,144._. 604 111,, FI B S - 26.00 --121080 Eu.. KTT a_ppli..,...Fpl,- Hot tub _ 10 000_ SP.ow kne.gy EHd m tl-r incl4.above . _ Fwar.. Ydo...r. Wd deck, --seas—__ 20000_ GWa,.n:.WI 910_ N n B if 13.00. 11 830 Tort Ealknal•d Cool Nor ftv*W FWCNM EaM1W 15,41111015641_3,9§2 29,937I.p.WAn«t . WS - CaW lapmd.aad V"m Of aaproveve.r.r 1-7_-,- IL—Ay?, 117-.- A. auto -aa r- (a,N..ay. IarWWapaq. or) . A. 4 - 21000— STIMAIEO SITE VALUE S 18,000 I I...O.W, St.. Qtly W -nob velw ) Avg r1)"IE0 VAI UIE BY Cost APPROACH . E 122,117 Ueb.Vt WWWW I I Y•. IX I No IW- of W--ty Prugt.m iWa," Coverage Eases 71 T1r wlder"nad 1rs nodal lnw r.p.nl -I- of wop.ra.s moat sa"ar W W po.lm.4 b sr ..b(.a .b Ir. oon"Ied It - In w m•drt .n•yad The da.alplbn Irtokrdea a dollar •dtrn.«, nYArq marlrl naclbn b fw- Nm• of fprnfa•nl va-son Wtw..n Sr subNa W wrnp•w4 w If • alpr+:c.nl Mm Yt Nr mmp•rabla poprty la attwrbr r, «mon lawrab4 NrrL at. auoMa OropaM • matu. 1 1 •dNab-M is mad• oto. r•duoYn Nr Wk:.rd Hk. OI MlhlMa, N Y n A- b Yr ownp..bM Y trNA« b, « I." 4wraeLa Nrn, Nr W*ot propM, a pLra (,) aihWi la made. Nw ivwaatp M .ver rd hrSt. of Nr flow LMVAIA Dau Sown. ---- Above G-Ide Rpom Cow" Gloss I.My A -a Ba-rlrlN i NrtY/rd Rooms B•lor Gnoa Iidtcaortal UIBN_ walataCooartd _ Ibra1-. Palo, Pool.. •te. _ So -W EW9y EBaWN That- Ft.daa(al _ Orm (cit. Wilton 11lB,IF,CT ""'A"'' NU 1 /:OMPARABIE NO. Z COMPARABLE ta- 9. - _ . __ _ _ rd Ave. No. 1015 Kirkwoo Ta1.N. 12407 12th Ave.No. 2604 Oakview Ln.No. Plymouth P1y111outh I Plymouth — f/J//9MI 1 mile SW 1 mile SW 6 blks Nhi N/ % yr 119,000 129,900 %///%%/////%/% -- 124,000 hb/Grw. N/A 1/1 92.68 It Inspection. WS - CaW DESCRIPTION DESCRIPTION No points wd deck w/o bsud. 35 days Aprs_12 V1 ? 5/27192 Avg Avg/Gook 50xl4lwooded 122xl75i.w11s S er,_av Rambler avcl A -- Avg 1979 1963 Avg/Good Avg/Good min! _ Mllr Tow . B,Vlrm1 . Hall.. 5 2 1 6 3 1 11184 F, 1,284 SIT ., 57% - FM,BR, Prt1 - FM, BR 5BA 604sf 75BA 790sf Avg Avg Gas FMA Gas FWA 4car BI tand 2car bu i.lt. i n 4seas"spa"/ Dk/fence/ wd deck w/o bsud. Standard - Standard N.. )blah - btao.led V•kr 1 Good KIT/BAf; t 11 { A111Iabtrtd 3,500 51000 1 1, 000 1,500 2, (100 11,500 13,500 1b, 000 i 1,000 107.71 It [ ;Ni%% MIS - CONV DESCRIPTION t 1.) f!!LM No points 23 days 1/21/92* Avc3/Gcx1d -3,500 209020.i.wds -1,500 S/Foyer avg. Avg 102.99 It_/ENNMEWW/%%i, MLS - 1V _ DESCRIPTION / WWd, No points 19days_—^—_-- 5/4/92 Avg,? doad ..-3,500 112x165 ayg _ 2,500 S/Fo21 er—ayy---. - Avg.._... — ---- - — - 1979 1977 Avc3/C.1xxi 100 Blains 6 3 1 1,500 5 2 1.75 i 2,000 1,206 Full-FM,2BR, Full-FM,2BR, FidJA 894sf 3,000 FuBA 896sf 3,_000 Avc3 Avg Gas PWA CAC Gas FWA 2 car at t 21500 2 -car att+2, 500, Deck/Ilat:io/ Deck%fence 7,5001 w/o I ont 5,000 St-ulu idud Standarld Fbl stove 1,000 2 Fpl's 11500 O xxi K FT/BAB Good KIT/BAs' J! . . ..... ;..,7,000;- ii - 2, 500 t f 1J 000 122 900!?!'/'/%/%%!ice%s 121, Soopl _ Corem.nb on Salas compsMeon Due to »t x]nes sur, as the sn l 1 n its ' .ate nelg it. _ was necessary to use carps frau nearby, s(ituwhat c:nul;et:itAve neighborhoods. Each carp_._ adjusted for su _ iorly aappealing 6 cYmfululing neighlnrtuxxis & larger,...more a —ling sites. _ JJ.DICATEO VALUE BY SALES COMPARISON APPROACI I $ _12_0, 900_ HAC'.ATM VALUE BY WCOME APPIROACH (N Appacab4) E.b-ioJ kl.,w I....I It 9`lI l U.. G„-,yBM MUNPW 128 . __ 121, 600- This •ppnW r made U-- r- C.1 fak"o b ar r•Paa., Ww•lbtr. Wal-la.r w ....eunr Salad Irb.• r l mmpbon pa, 0WO w •PaalaeaEar c««e.nls" calaaan: Analysis of subj's market. ovLi, rex:ent year provides support for reasonable, reliable fair market va.111e esl:iltlat:e of $120,000. Norepairs required:_ FYW RamrrSaaon: ftPh_asis was given to the nit:ect Sales Caiparison • Approach which best reflects current ec01107F 6 consumer buying trelxls. GRM A1lmoarh .is given less weight due to limited available ocpparable rental data. host Allm oath tennis to set upper limit of value ranee. _ TIM $W*WW Y bund opal w above m%*Onw nY, NM onWlcaWn, 0X*Var4 W.1 i•dWy ....vent. N 11.In1.1 Vahm .AMWn Elal We MaW n FeHA, HUD, SAW VA 1Muabrr, Fted6s Mae Pone 6T& (Mr ?M)IF•rW. Mu Form ID048 (Ra. T1EI Bed ver. Wed to _ anaard I MS) ESTWATE THE VALUE, AS OEFINEA, OF T11E SI)i), -(;1 14101'i til Y As (l- October 1, 1092 b b@$ _ __120, 000 I (WO) OOMV: rat tr waL a (ver) LrbM•dw and What Nr iWU ",MI. ..J I..". We bN 4.1 ,...•.J. Nrl 1 (w•( pMaar/y Vep.aad w atb(•a plop", boM IMlde aro ad. and mawmaan •clads(a a1 lraOarapr trl.s and rt /d• nyat, W W ari 11..) 1rw ru a..,....•16A...r #.—,A a laospoo" at•fti, NMy Mae Rave 70 SOW I IIEVWW A14441161 It in MYA Wl NlFre... 0 NWw Ixd ad Na FWtrie M- IOW 1GM it : . .' . J er •' , S DIY .'... t.. • r ! ..''.F' I'%fi'`. • aa . .• ` w' S. ,'fj :::ffTTFiiij A{ ': 1 44 AA Nix".- warr-.ua;:=-_,,,,+,..ai. may. t ,* . AkoI _ 1. t •. •`•_ Ir Sy. _ ice_ lip, r• a - ,,•. ,fir, S vr1t, h' 4 sS•;V" 10. A'SO. ', - .. - - , - a ... . IVA MAP SKE I CI I ADDENDUM Barowaic x.nt WSKEY, ..Thomas and Rosanna Prr orgAddr«a 11907 23rd Avenue North - C P1 miouth_ pgpgty_ Hennepin stale HN Zo code 55441lenderInvestor's Savings Bank F.S.B. LOCATION co f." ems"" n DEFINITION OF MARKET VALUE: The most probable price which a property should bring In a competitive and open market under all conditions requisite to a fair sale, the Wyer and salter, each acting prudently, knowledgeably and assuming the price is not affected by undue slimukis. Implicit hr this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under cordilfons whereby: (1) buyer and saber are typically motivated; (2) both parties are well informed or well advised, and each acting in whet he con aidere his own beet interest; (3) a reasonable dine is allowed for exposure in the open market; (4) payment is made in terns of cash In U.S. dollars or in terms of financial arrangements comparable thereto; and (5) t e price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. L u n n u Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by the sellers an a result of tradition or (ew in a market area; iteas costs ara readily identifiable since the seller pays these costs In virtually an sales honsactlons. Special or creative financing adjustments an be made to the comparable property by comparisons to financkg lane offered by a third party Institutional lender that Is not already involved in the property or transaction. Any adjustment Noun not be calculated on a mechanical dollar for dollar cost of the financing or concession but tire dollar anhouni of any adphetnnent should approximate the markers reaction b eta financing or concessions based on the appraises a judgsmsnt. CERTIFICATION AND SIAIEMENT OF LIMIIING CONDITIONS CERTIMATION: The Appraiser cerufies and agrees that: 1. The Appraiser has no present or conemplated future interest in Vie property appraised; and neither its employment b make ON apprawal, nor ae corrporsathon for it, is contingent upon Ore appraised value of the property. 2. The Appraiser has no personal nteresa in or bias with respect to his subject manor of its appraisal report or Vhe paNci- pants to the sale. The 'Esfimaa of Market Value' in the appraisal report is not based in whale or In part upon its race, color, or rational origin of the prospective owners or occupants of Ilia property appraised, or upon the race, color or national origin of the present owners or occupants of the properties in the vicinity of the property appraised. 3. The Appraiser has personally inspected the property, both inside and out, and has made an exterior inspection of all comparable sales listed in ice report. To the best of the Appraiser's knowledge and belief, all statements and information In this report are true and correct and the Appraiser has nol knowingly withheld and significant information. 4. AN contingent and limiting conditions are contained herein (imposed by the terms of the assignment or by the under- signed affecting the analysis, opinions, and conchnsions contained in the reporl). ti. This appraisal report has been made In conformity with and is subject to the requirements of the Code of Professional Ethics and Standards of Prof"Wrial Conduct of the appraisal organizations wish which ilia Appraiser Is affiliated. 6. All conclusions and opinions concerning the real estate Ghat are set fonlh in the appraisal report were prepared by the Appraiser whose signature appears on the appraisal report, unless indicated as 'Review Appraiser.' No change of any ham in the appraisal report shall be made by anyone otter than ilia Appraiser, and Ilia Appraiser shall have no responsibility for any such unauthorized change. CONTINGENT AND LIMITING CONDITIONS: The certification of the Appraiser appearing in the appraisal report is subject ID the following conditions and to each other specific and kmtling conditions as are set forth by the Appraiser In the report. 1. The Appraiser assumes no responsibility for matters of a legal nature effecting the properly appraised or the title there- to, nor does the Appraiser render any opinion as to nue title, which is assumed to be good and marketable. The property Is appraised as Haugh under responsible ownership. 2. Any sketch in the report may show approximate dimensions and is included to assist the reader visualizing tie prop - arty. The Appraiser has made no survey of the property. 3. The Appraiser is not required to give testimony or appear in court because of having made the appraisal with reference to the property in question, unless arrangements have been previously made therefor. 4. Any distribution of the valuation in the report between land and Improvements applies only under the existing program of utilization. The separate valuation for land and building mast not be used In conjunction with any other appraisal and are invalid N so used. S. The Appraiser assumes that there are no hidden or unapparorrt conditions of the property, subsoil, Or structures, which would render N more or less valuable. The Appraiser assumes no responsibility for such conditions, or for engineering which might be required to discover such factors. S. Information, estimates, and opinions furnished to the Appraiser, and contained in the report, were obtained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy of such hems furnished the Appraiser an be assumed by eta Appraiser. 7. Disclosure of this contents of the appraisal report is governed by the Bylaws and Regulations of the professional appraleal organizations with which the Appraiser is aNdiated. S. Neither al, nix any part of the content of the report, or copy thereof (including conclusions as b Va property value, the identify of the Appraiser, professional designation, reference to any professional appraisal organizations, or ft farm with which the Appraiser is connected), shelf be used for any purposes by anyone but its chant specified in the report Vte borrower V appraisal fee paid by same, tis mortgagee or its successors and asagns, mortgage insurers, consultants, professional appraisal organisations, or any sate or federally approved financial institution, any department agency, or Instrumentality of the United States or any sate or its District of Columbia, without the previous written consent of the Appraiser; nor shelf it be conveyed by anyone lo its public through advertising, public relations, news, sales, or other media, without the written consent and approval of the /Appraiser. g. On all appraisals, subject to satisfactory completion, repairs, or alterations, the appraisal report and value conclusion are contingent upon completion of IM Improvements in a workmaMike manner. ENVIRONMENTAL DISCLAIMER: The value estimated in this report is based on the assumption that the property is not negatively enacted by the existence of hazardous substances or deMmental environmental conditions. The appraiser Is not an expert in Via identification of hazardous substances or detrimenaf onvuonmenlal conditions. The appraiser's routine Inspection of and Inquiries about the subject properly did not develop any nformaton that indicated any apparent significant hazardous substances or detrimental environmental conditions which would affect the property afively. It is possible that tests and Inspections made by a qushfsd hazardous substance and environ hal expert w veal 1M existence of hazardous materials and environmental co chuDna on or around IM pr hal would ego e/c i(i value. D.te:.10(1(92.................. Appalaer(al/ 441/ Debra 8 ian SRA 001073 M.o ara JUl M OTAL' apps" noa"m by a in oada, K. I taco) 320 M2e Fora Mw Faro I00" JUL ae G n LI f r QUALIFICATIItIIS 11F THE APPRAISER Debra J. I111.IN1111Fm11, SRA Minnesota Sl al.e kiceui:e N4001073 2000 Aldrich Avenue South Mi nnenix) 1 i s, MN 55405 612) 870-1231 PROFESSIONAL EXPERIENCE January 1990 to DEHIZA J. 131A NDMM, APPRAISAL CO. Present Title: Real Estate Appraiser/Owner 2000 Aldrich Avenue South #200 Minneapolis, MN 55405 612) 8.10-1231 October 1988 to HLINI.iMAN/FRANK APPRAISALS January 1990 Title: Real Estate Appraiser/Owner 2000 Aldrich Avenue South #100 Minneapolis, MN 55405 612) 870-1231 January 1984 to I1OUGI.AS FRANK APPRAISALS October 1988 Title: Real Estate Appraiser same address as above) August 1986 to INVESI1 E-N'P REAL ESTATE COMPANY Present Title: Real Estate Sales Agent 7855 Wayzata Boulevard St. Louis Park, MN 55416 612) 591-9544 EDUCATIONAL BACKGROUND AND TRAINING June 1991 douses: Froin the Ground Up April 1991 Residential State Certification Review Seminar January 1991 -present SRA Experience Credit Review Committee June 1990 Spottiny Structural Defects Houses: A Guide to Property Inspection Remodeling and Rehabilitation December 1989 SRA Professional Practice Seminar November 1989 SRA Designation Awarded October 1989 Experience Credits - SRA Approved April 1988 Demonstration Residential Appraisal Report - SRA Approved October 1987 Society of Real Estate Appraisers Seminar - "Advanced Demonstration Appraisal Report Workshop" October 11-16, 1987 March 1987 University of Minnesota - Society of Real Estate Appraisers (SRA) Courses 101 & 102 March 1987 Housing Inspection December 1986 Real Estate Law August 1986 Minnesota School of Real Estate - Courses I and II - Licensing June 1985 University of Minnesota - Bachelor of Arts Degree March 1978 Hennepin Area Vocational School - Legal Secretary Certification ASSOCIATION MEMBERSHIPS/ SRA" - Senior Residential Appraiser PROFESSIONAL DESIGNATIONS w/Appraisal Institute (formerly Society of Real Estate Appraisers) Certified Federal Residential Appraiser License - State of Minnesota - #4001073 Real Estate Sales License - State of Minnesota - #0707086 REFERENCES Paul Johnson Minneapolis Community Development Agency 612) 673-5063 Carol Schultz Public Housing Agency of St. Paul 612) 298-5664 David Hart Norwest Bank Minneapolis, N.A. 612) 667-8294 I Debra J. Blindman Appraisal Co. 2000 Aldrich Avenue South * Suite 200 * Minneapolis, MN 55405 * 612/870-1231 October 1, 1992 Investors Savings Bank, F.S.B. 1730 Plymouth Road South Minnetonka, MN 55305 Attn: Annie Hansen RE: 11907 23rd Avenue North Plymouth, MN 55441 Borrower(s): LUSKEY, Thomas and Rosanna Dear Annie: Pursuant to your request, we have appraised the above -referenced parcel of real estate, more particularly described as: Lot 8, Block 1, Pennwalk Addition The accompanying report was prepared for the purpose of estimating Market Value and is based on a site inspection of improvements, investigation of the subject neighborhood area of influence, and review of sales, cost, and income data for similar properties. This appraisal has been made with particular attention paid to applicable value -influencing economic conditions and has been processed in accordance with nationally recognized appraisal guidelines. On the basis of our investigation and analysis, it is our professional opinion that the Fair Market Value, as defined, of a fee simple estate in the subject property as of October 1, 1992,.is: One Hundred 'Nenty Thousand Dollars WIte 120,000.00) Based on analysis, a Reasonable Marketing Per.i<xi for the subject property is: 60-120 days This opinion of value is contingent upon Lhe Certification and Statement of Limiting Conditions attached. Please do not hesitate to conLaea me or any of my staff if we can be of additional service to you. V tru u t _ d, Debra Blindman, SRA \ Senior Residential Appraiser MN License #4001073 enclosures SALES HISTORY: The subj has uuL heuu Iiw ed or sold in past year. 0 REPORT #14 1 1993 BOARD OF REVIEM STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Prema G. Nadig PROPERTY ADDRESS: 18630 34th Avenue North PID#: 19-118-22-21-0028 LEGAL DESCRIPTION: Lot 2 Block 7 Amber Woods 1993 ESTIMATED MARKET VALUE $122,000 1993 REVISED MARKET VALUE No Change ISSUE: Mrs. Prema G. Nadig is appealing the $4,000 increase for 1993. The home was purchased in 1990 and the value was increased $1,000 in 1991 and $1,000 again in 1992. RECOMMENDATION: This property was increased 4% for the 1993 assessment or $4,700. The records indicate the property value in 1991 was not changed, but was increased $1,000 for the 1992 assessment. This property was purchased 07-09-90 for $122,000. A reappraisal was completed May 19, 1993. The home has maintenance free vinyl siding which a former owner had installed with no permits. Most of the homes in Amber Woods built by the Dreyfus Corp. have aluminum siding. The home is in average condition for its age and no repairs were apparent. Mrs. Nadig was of the opinion that once values are placed on a property they tend not to change. In addition, streets, curb and gutters were redone last year creating an assessment on her property. She felt this was because of the Lundgren's plat to the west, which I explained had nothing to do with her special assessment. I showed Mrs. Nadig the comparables I had and told her no change was warranted for her property. 1993 Board of Review Page Two I think her problem was lack of understanding of the property tax system. Hopefully, she is more knowledgeable now and she said she did not plan to appeal to Hennepin County. Dwelling Style: Year Built: Square Feet: Garage: Fireplace: Deck: Central Air: Baths: Basement Finish: Sale Price: Sale Date: Respectfully submitted, Michael Carroll, CAE Appraiser SUBJECT PROPERTY 2 Story 1977 990 total living area = 1926 square feet 2 car attached - 414 square feet 1 masonary 376 square feet Yes 1/2+3/4+1 None 122,000 07-09-90 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #1 PID# 19-118-22-21-0054 Address: 3425 Urbandale Lane North Dwelling Style: 2 story Year Built: 1978 Square Feet: 1020 - total living area = 1708 square feet Garage: 2 car attached - 495 square feet Fireplace: 1 masonary Deck: 347 square feet Central Air: Yes Baths: 1/2 + 1 + 3/4 Basement Finish: No Sale Price: $126,000 eSale Date: 05-03-92 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #2 tPID# 19-118-22-21-0035 Address: 18500 34th Avenue North Dwelling Style: 2 story Year Built: 1974 - converted to 2 story 1982 Square Feet: 1209 - total living area = 2353 square feet 2 car attached - 528 square feetGarage: Fireplace: 1 masonary and 1 Majestic in master bedroom Deck: 201 square feet Central air: Yes Baths: 1/2 + 2-3/4 + 1 full Basement Finish: 528 square feet Price: 135,000 - relocation saleSale Sale Date: 10-24-92 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 PID# 19-118-22-24-0083 Address: 3240 Walnut Grove Lane N Dwelling Style: 2 story Year Built: 1976 Square Feet: 701 - total living area = 1389 Garage: 2 car attached 484 square feet Fireplace: None Deck: None Central Air: Yes Baths: 1/2 + 1 full Basement Finish: 400 square feet Sale Price: $114,000 Sale Date: 02-08-92 r_ 4.n •las°°._ `' C 20s Ne9.300! n 20s 9 r .n •y3lt,, 1 0. s • fat ,! •• o .41 Z4 K 7 d 11 s= 3p :> d elg. o,4r 1 " J IC[ l N '•' w Ni' Sag•f 6 13 os 6N1r, :j6 M 1 .- t s N eY30'o9' w 14 53a , tj - p / % ,,, r I a : •' 40! •40'C9 U v • Y9S `2• w Q 64 IJO 3 r, r 15 J 455 pr rte rola^'?S_. /10 - •t ( y16 17 ' Od2'ilCt' .. c.l r 1 w cw8!•w 4iw I Z,i.'. g R .' 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'pZ'27` z / '" `°_ 22 ' '" 21 '^ o N6 i3'IS.I tr ,, '` .•//`f' >/ ,• 4jd mp 3 5 3 e . 1 520 20 0 o —iiit e a5 es ( 27 2, I 55,3 1a 1r3p72'2 " IIC- u ., " / a. 60'• / 2 /•., il/yoQ / 0a 0 /pr'S rY e, ± T repo e' vI /hZy• 14•!, 99L Y o' iv3:^•tJ9 y~. d1' r_ v: 1yo =.• b.? io°: gyp• 19 2iL). T, 4 2K'335 68 e, $,7 14 13 ^ 2 15 Abe5 3 18 ' s 1 1 y, • \G ti`' / ? 1 . od ,,; en" 18 •_t• 12 LTIU j "'? , zi .'••' 17.,,044'52 1'97 ,I0\.+/ '1-_Jyo a s. o r 4jI :o 1 21 r, `o / , t 201 11 /O * 11 f t' J• tro 1 7 2 r1'34d3.31 10 1St t,.• S! >`_ c• • \.° D / ! .y Yh• I 16' n 4{'+ 7.' ^> {i :1 J:'!'f C hJ` 'I I\ : `\. ` V• Ojai ,.. s•i2 c6-, 1 OC1lG1 `A / t... ;; . 9 ,'.ti '. irsls:w G") _ i. o '1`ro. . % ; sr•. ' 16 ) 6U 55 t -:'4f» •, 7 13 15 s'• / .5 6•:,TrC' ° — 5 14 3C % !75149 -' r 2 /W •,ay 2 n ps v. y:. • Ea ,,o .S•s r 1 ti l 3 s 5 `„ 12 :11 10 1= g Mie 3 t . c', %i . 21 p (,230 _••'i v, y, S' iL` 5737 ..•/•., ti•. 355 - 36.215 t ,.7. • .\,' : -1 i; E- d 1Sl _1 :31ST 3 3',3 f17,'1'.r lis I- ` IV) 4 ^ 3 2 1. 1 T 3 -T4 r'; ; Jam" •'` .. I ' r' 0 5 f` iy C r.4 _ •+, ; . REPORT #15 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Randolph M. Zejdlik PROPERTY ADDRESS: 11800 54th Avenue North PID#: 02-118-22-43-0002 LEGAL DESCRIPTION: Lot 2 Block 1 Birch Valley 1st Addition 1993 ESTIMATED MARKET VALUE $216,600 1993 REVISED MARKET VALUE $209,000 ISSUE: Mr. Zejdlik purchased the property in September of 1992 for $209,000. He objected to the 1993 value being higher than the purchase price, and requested that the value be reduced to his purchase price. RECOMMENDATION: An inspection and reappraisal of Mr. Zejdlik's property on May 12, revealed that additional depreciation is warranted due to below average maintenance on the home. Mr. Zejdlik was notified of my adjustment and was in agreement to my findings and recommendation. Respectfully submitted, Nancy Bye, SAMA Senior Appraiser C REPORT #16 1993BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: David Fennern PROPERTY ADDRESS: 4805 Union Terrace Lane North PID#: 12-118-22-31-0027 LEGAL DESCRIPTION: Lot 21 Block 2 Rolling Hills Park 1993 ES'T'IMATED MARKET VALUE 1993 REVISED MARKET VALUE ISSUE: 129,800 No Change RECOMMENDATION: After discussing the sales study of his area, Mr. Fennern withdrew his appeal. Respectfully submitted, Joan Cormick, CMA Appraiser REPORT #17 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Jack Strobel PROPERTY ADDRESS: 905 Windemere Curve PID#: 35-118-22-23-0028 LEGAL DESCRIPTION: Lot 5, Block 2, Gleanloch (LL) 1993 ESTIMATED MARKET VALUE 181,400 1993 REVISED MARKET VALUE No change ISSUE: The property owner stated his property is valued too high based on its location between two lesser valued properties. Gleanloch's homes range in value from about 118,000 to $200,000. RECOMMENDATION: The Strobel home is not the largest on his street. The property nest door sold for 170,000 in June, 1990; and two properties located in the cul-de-sac across the street sold for $176,800 and $186,900 in the past two years. The property was viewed and is very well maintained. Contrary to the property owner's belief, his recently added glazed porch is an asset to his home, and his deck is not overvalued. It is recommended the value remain unchanged. Respectfully submitted, Joan -McCormick, CMA Appraiser F 1993 Board of Review Page 2 Dwelling Style: Two-story Year Built: 1970 Square Feet: 1414 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #1 PID# 19-118-22-34-0013 Address: 2805 Urbandale Lane North Dwelling Style: Two-story Year Built: 1967 Square Feet: 1512 Sale Price: 198,000 Sale Date: 4/92 Comparable #2 PID# 35-118-22-23-0009 Address: 12400 Ravenwood Road Dwelling Style: Two-story Year Built: 1972 Square Feet: 1440 Sale Price: $176,800 Sale Date: 4/91 Comparable #3 PID# 14-118-22-43-0010 Address: 11515 38th Avenue North Dwelling Style: Two-story Year Built: 1975 Square Feet: 1,336 Sale Price: $206,000 Sale Date: 11/92 1993 BOARD OF REVIEW MARKET COMPARISONS Q:/ Ll ZI if:)` Q2)LL.-7 (—Lq . 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(52) (37) o n.36 - 1 8 56) .17T T' W $ +»° (5) ,\(53) i°'•' sw•n 53) a e s •9 ' ;) 0 Pi(6( ( g22) a T 51) ( 55) .F (18) _ (19) '( 21) V (23) a ' I o9noT . F .i _ .. W) a. T. 70) ' .a "12r .ae.o ezo9 peso es s. Ta wo.e9 (1) • °2'i(s a W I ( 65) _ (W) _ (63) 2 , (29) u n :6.(24)'. aT di zz.r (62) 's, aa,( 28} IS(27) ( 26) (25 : ri'" 8' o.f1 .•'(62) `n 137 A . A 16A F ® .e :eo r ii I °>(66) .. , n - (30) N ..--ri:.9.a 4 sln Jt a yla.... i..66 20 2. :z p D (36) 9(67 (68)' ( 69) 10 (31) (32)- (31) (9) Qv" 5.`•. IM be1.a.. ooc w azra. 361N AVE N r 2618.84 RES I n 0 11 REPORT #18 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Thomas R. Bennis PROPERTY ADDRESS: 17625 3rd Avenue North PID#: 31-118-22-44-0049 LEGAL DESCRIPTION: Metes & Bounds - .72 Acre 1993 ESTIMATED MARKET VALUE $152,200 1993 REVISED MARKET VALUE $131,000 ISSUE: Purchased home in May, 1992 for $139,900 in poor condition. RECOMMENDATION: Home has had little or no maintenance by present or prior owner. Windows, siding and patio doors need repair or replacement. Mud jacking is also needed to preserve concrete work. The $131,000 would represent a fair market value for this property in its present condition. When the repairs are completed, the value should be restored to reflect the up- graded condition. The sale price reflected the no maintenance condition. I talked with Mr. Bennis on Wednesday, May 12, and he concurs with the corrected value of $131,000 for 1993. Respectfully submitted, Michael Car 01414= MA Appraiser REPORT #19 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Mr. James Guddal PROPERTY ADDRESS: Westland Equities, 3025 Harbor Lane North PID#: 16-118-22-33-0007 LEGAL DESCRIPTION: Lot 3 Block 1 Plymouth Hills 3rd Addn 1993 ESTIMATED MARKET VALUE $182,000 1993 REVISED MARKET VALUE $108,600 ISSUE: Mr. Guddal was concerned about the change in zoning (or lack thereof) of his B-1 zoned lot in downtown Plymouth. Mr. Guddal furnished my office with a copy of a soil exploration survey which indicates the soil conditions of the lot to be inferior. RECOMMENDATION: In light of this newly discovered information and allowing for correction of an inferior soil condition, I am recommending the value be adjusted accordingly. Mr. Guddal concurs with this adjustment. Respectfully submitted, Scott L. Hovet, CAE City Assessor L 11, 0 C C C REPORT #20 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Ron Rousu PROPERTY ADDRESS: 1630 Fountain Lane North PID#: 29-118-22-31-0049 LEGAL DESCRIPTION: Lot 5 Block 3 Kreatz Highview Acres 5th 1993 ESTIMATED MARKET VALUE $102,300 1993 REVISED MARKET VALUE No Change ISSUE: Mr. Rousu wants his 1993 estimated market value to be the same as his 1992 estimated market value. He does not feel he could sell his home for the current appraisal value. RECOMMENDATION: It was recommended that Mr. and Mrs. Rousu obtain a market analysis from a reputable real estate agent; they are currently in the process. The Kreatz Highview Acres subdivision was an area covered in the 1993 quartile. Each home was viewed inside and out and equalized in regard to quality, maintenance and amenities. The sales history which follows confirms a reaffirmation of value at 102,300. Respectfully submitted, Jan Olsson, CMA Appraiser 1 1993 Board of Review Page 2 1 Dwelling Style: Year Built: Feet: Square Amenities: Rambler with walkout 1963 1272 2 fireplaces Above ground pool w/decking Central air Basement finish Disposal, dishwasher, fan and hood, intercom, single oven, cook -top 1993 BOARD OF REVIEW MARKET COMPARISONS I SEE LOCATIONAL MAP Comparable #1 PID# 29-118-22-34-0034 Address: 1325 Garland Lane Comparable #2 PID# 29-118-22-31-0047 Address: 1710 Fountain Lane Dwelling Style: Rambler with walkout Year Built: 1956 Square Feet: 1148 Sale Price: Sale Date: 103,000 8/92 Amenities: 2 fireplaces Central air Basement finish Dishwasher Built-in refrigerator Single oven Cook -top Comparable #2 PID# 29-118-22-31-0047 Address: 1710 Fountain Lane Dwelling Style: Rambler with walkout Year Built: 1964 Square Feet: 1339 Sale Price: Sale Date: 121,000 9/91 Amenities: 1 fireplace Deck Central air Basement finish Dishwasher, intercom Fan & hood 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 PID# 29-118-22-34-0056 Address: 1530 Fountain Lane Comparable #4 PID# 29-118-22-31-0052 Address: 1805 Fountain Lane Dwelling Style: Rambler with walkout Year Built: 1959 Square Feet: 1326 Square Sale Price: 120,000 Sale Date: 7/91 Amenities: Central air Basement finish Dishwasher, fan and hood Single oven, range 1 Comparable #4 PID# 29-118-22-31-0052 Address: 1805 Fountain Lane Dwelling Style: Rambler Year Built: 1964 Feet: 1144Square Sale Price: 94,900 Sale Date: 9/91 Amenities: Deck Central air Basement finish Dishwasher, range Comparable #5 PID# 29-118-22-31-0038 Address: 1750 Garland Lane 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Rambler with walkout Dwelling Style: Year Built: 1961 Feet: 1170Square Sale Price: 107,500 Sale Date: 8/90 Amenities: 2 fireplaces Deck Central air Basement finish Dishwasher, microwave i Comparable #6 PID# 29-118-22-31-0030 Address: 1715 Garland Lane Rambler 1962 1050 105,000 9/90 1 fireplace Central air Basement fireplace Disposal, fan and hood 0 Dwelling Style: Year Built: Square Feet: Sale Price: Sale Date: Amenities: Rambler 1962 1050 105,000 9/90 1 fireplace Central air Basement fireplace Disposal, fan and hood 0 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #7 PID# 29-118-22-31-0021 , Address: 1621 Garland Lane Dwelling Style: Rambler Year Built: 1960 - Square Feet: 1144 Sale Price: $95,500 - 3° Sale Date: 6/90 Amenities: 2 fireplaces Screen porch e Central air Basement finish Disposal, dishwasher t Fan and hood Single oven, range Comparable #8 PID# 29-118-22-31-0050 Address: 1825 Fountain Lane w Dwelling Style: Rambler Year Built: 1964 Square Feet: 1144 Sale Price: 97,000 Sale Date: 5/90 Amenities: 2 fireplaces Central air Basement finish Dishwasher Fan and hood 3) (w) •t a I Its, _ a w a jl u C K tip Mn I• Rau 21 -09) (20) (21 I (6e) H si < ~ ( CBAVE ) - (, ise) J = `(6t (sol ` 1825 FOUNTIAN'' 19TH N '{ 5/90 $97,000Py 0 6(6, < (RICKARD) r J s `(57) (601 - C.2 (63) v(St (54)V 1805 FOUNTIANMN tI (se) 61) (62) 7) s .+ (s2)•,. m t I m + „•,a 9/91 $94,900 4 , (; s ( HACHEY) 32) (n) 1750 GARLAND n,i— _ 8/90 $107,5001.6) ): 1 1715 GARLAND ' ( ANDERSON) " 105,000 1710 FOUNTIAN 6/90 $ _ , (tet e` `;" (t) 9/91 $121,000 BAKER) "°' "°' F `°'(( LEE) FIFTH z(10) s•1 101 I ( 42)' (41). ^ Iltet o. ,. ` ,< 4 - 17TH .AM N r (rn (n, 1620 GARLAND Q rm <261 6/90 $95,5001271t - (1s1 KADRMAS) 22t a 127, ala a _ Q) 1530 FOUNTAINa 14s1 7/91 $120.000 30):S" (THOMPSON) ANO 6. s) L x( 61 (s) r•rr.r••ItYa, — .. — 'n w----=•-na3f- as S,+ ,-.}..f' _ - " J me as 1 -- --- 5u L O earn y' x ^ • Si • w:• _ . AGO a.- IP Si ALL ri yy 77110 TZ (b) 1143) (7) (e) 191 I to l2) b CWtlIE6f Inc9 ( la) (00.(u (13) 2 ACRE BIRD .y a ADo ' • I- (e7) All KREATZ(in ( tw• t 9 1. p s ( 2n'= s N s e t21) '(it) 161(3er K 14TH AVE N ' 6 a,e1 g' ' 1 cis) 11 D' ' — Iw ... a 4?ir (K) (it)g 1325 GARLAND' AC ES LL, µ 8/92$103, a ,,. z I IM P® ll•1 +a• • _ • • w p129 (1e) ie In pgh (LINDBERG) Q J ( (m (tetL « 2s 1J-, n z 35) P (1•) ®l J:.i 171) ! 176) . w b.% 321 --'u r. + s ( 751 171 (n) - Y L - F . r • 1 _ nor. l7 Jr. li 1 1561 _ I 3) 122) 1201 (1e) (16) 1131 (111 119) (7) (5) (3) (1) I (201 (191 (17) •: ii51 ( 171 11v1 (oI (61 ( 31 lti I LocationFMap P L n I I u C 0 0 7 J Real estate Star Tribune Tuesday May 11 / 1993 Frantic metro home buying pace continues; prices are heading up April activity up nearly 27% over year-ago period By Willard Woods staff Writer Twin .Cities home buyers in April continued the frenzied pace started in March — the industry's busiest month inhistory. As a result, home prices are beginning a significant up- swing. Sales of single-family homes rose nearly 27 percent in April, to 4,610, when compared with the same month last year, according to figures released Monday by the Regional Multiple Listing Service. Meanwhile, the number of listings in April rose to 6,832, 4 percent above April 1992. But there still aren't enough houses for sale to meet buyer demand,. industry observers said. In April 1991, there were 7,531 listings. Houses also are selling faster. The average number of days a house had been on the market before it sold fell to 66 days in April, down 16.4 per- cent from last year's 79 days, the figures show. Increased sales, fewer listings and a faster market have bolstered home prices. The median sale price of a Twin Cities home rose 6.1 percent last month to S95,300, up from $89,800 in April 1992 and nearly twice the rate of inflation. By comparison, home prices rose 1.9 percent between April 1991 and April 1992. Because of the increase in home prices, home buying is becoming a better investment, said Todd Grill, 1993 president of the Minneapolis Area Association of Realtors. Though the rise actually began in 1992, home prices "won't be as static as last year. There's no doubt about it, there will be appreciation that's higher than the rate of inflation this year" if the trends continue, Grill said. People also asked more for their prop- erties last month. The average asking rice for all property types was 113,324 in April, up from 5111,429 in April 1992, the figures show. Sales of all property types — includ- ing condominiums, townhouses, mo- bile homes, etc. — rose 24.4 percent, to 5,031, in April, compared with 4,044 the same month last year. Homes sales increased in every price category except those ranging from 40,000 to $49,000 and those in the 400,000 to $499,000 range. Though property sales increased in April when compared with the same month last year, they are down when compared with March, a record-set- ting month for Twin Cities real es- tate. April's single-family home sales fell 8 percent from March's 5,02 1. 7 100,000 houses are best-sellers Houses priced in the $100,000 to more buyers are competing for the l 19,000 range were the most pop- same houses. If that continues, ular with Twin Cities buyers last housing prices will rise, Wood said. year, according to an annual real estate industry report released The averageerge sale3gppent year Tuesday. $10from 1991. The Residential Real Estate Activi- ty Report showed that a record 41,944 residential properties — mostly single-family homes — were sold in the metro area in 1992, up from 35,598 in 1991. But housing industry executives were surprised that buyers made their choices last year with slightly more houses listed for sale than in 1991 but fewer than in 1988 through 1990. The real surprise is inventory is probably the lowest I've seen in years," said Mike Wood, president of the St. Paul Area Association of Realtors. A higher number of sales among fewer properties listed means that More people bought houses in the 100,000 to $119,000 price range than in any other range. The 80,000 to $89,000 range was sec- ond. But the greatest growth in sales occurred in the $120,000 to 180,000 price range. And for the first time, more people bought houses using conventional financing methods rather than us- ing loans backed by the Federal Housing Administration. Buyers used conventional financing in 33.8 percent of home sales and FHA loans in 31.3 percent art d Wlard Average Plymouth home prices up 5.5 percent, say Realtors The average home sales price in Plymouth rose 5.5 percent during the first half of this year, according to figures recentlyreleasedbytheMultipleListingServiceoftheMinneapolisArea Association of Realtors. The association reports that the average sales price of single- family homes sold in Plymouth during the first half of the yearwas $157,587, a 5.5 percent increase compared to the same period last year. In Minneapolis during the same time period, average sales price of homes sold was $120,433, a 6 percent increase over 1991. 7 u C LI 11, E O C dl z b W g h a «^ c`iT a+C o,uQo "a aHc oy O u ytdcai o aEaau d C00 GEOcd aJ o O ld•n af•.+ V1 O cd.E O p j i em7 cn Co C pg NIV J O c Q) .c o, yE E'45> y .0 WEd V T ,G 0•C ,C CctY O w\ « W Ccd ° O C uyuE cyu o°°ua E r v i M N • N vp C M ccv°, h3 0 cc cc E 3: cz Cal f cad e`bcy u uc C E ovc 'E$w $' 06 U) U) « oo„ a o ES. O U N E3 « 3 N , N X11 cZ75q, .«:a°= u« u°'=c a r. W O H O g A'C C' vC i T a>i ,~GUi °' D 0 IO .OyD N ip O ti ^ ld , —' s C N mcaE apl7c, uwv o'eov t O fSvai v«i•E °U .hb E a E 3 rl- yV y V/ a--::E° kn per e rim c" cd cdu u ..«>° aam obG4q -,5 C cyi C. v°i C C c ` jZ cEeo •O•co;ec y'e'oCo_°°ouE o E oc i 3QwE°O z.o3ce sv ac2E 3 y C6N d ^r NEiE 3a E,E Tg dg0U lbbw u W N ^4O W `d g, Viu a-3 'oo uo S.i' C= . 09ou N U qE oca OCu—'` N ` a $ o o Oaw '-- 2 eP,cts 06 O c CCO ' OI S ' yN M ' A. C G 00EO_L °QUI E Frv° cE.G Sie3Qs« n n n LETTER #1 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: James Klemp PROPERTY ADDRESS: 11930 61st Avenue North PID#: 02-118-22-21-0039 LEGAL DESCRIPTION: Lot 1 Block 5 Bass Lake Estates 1993 ESTIMATED MARKET VALUE $158,000 1993 REVISED MARKET VALUE No Change ISSUE: Mr. Klemp contends homes in northern Plymouth sell slower and for less money than homes in western and southern Plymouth. He also feels his home has depreciated 1.7% less today than the 1990 evaluation. RECOMMENDATION: Three messages were left for Mr. Klemp and he was finally reached on the fourth attempt. He was told that to address his concerns an internal inspection must be done to determine the correct amount of depreciation and condition of the property. He stated he was too busy. It was suggested that he obtain a family member or neighbor to allow the appraiser entry, he stated all his family lives in Wisconsin and he doesn't trust any of his neighbors. Respectfully submitted, Jan Olsson, CMA Appraiser 1993 Board of Review Page 2 Due to the lack of cooperation from Mr. Kemp and the fact that he purchased his home in 1988 for $163,891 and we are currently at an estimated market value of $158,000, no value change in recommended. Dwelling Style: Split-level Year Built: 1988 Square Feet: 1634 e e e eComparable 1 PID# 11-118-22-42-0079 Address: 11535 48th Avenue North 1 Dwelling Style: Split-level Year Built: 1992 Square Feet: 1572 Sale Price: 175,000 Sale Date: 5/92 e e eComparable 2 PID# 16-118-22-12-0027 eAddress: 15005 43rd Place North e Dwelling Style: Split-level eYear Built: 1989 Square Feet: 1743 Sale Price: 188,000 eSale Date: 5/93 1 e e 1 1993 BOARD OF REVIEW MARKET COMPARISONS J Is 4 1993 BOARD OF REVIEW MARKET COMPARISONS Comparable #3 Split-level 12-118-22-31-0047PID# Address: 4890 Saratoga Lane 1613 Sale Price: Dwelling Style: Split-level 6/92 Year Built: 1987 Square Feet: 1664 Price: 160,500Sale Sale Date: 2/92 Comparable #4 PID# 03-118-22-24-0029 Address: 13720 58th Avenue North 1993 BOARD OF REVIEW MARKET COMPARISONS Dwelling Style: Split-level Year Built: 1991 Square Feet: 1613 Sale Price: 173,870 Sale Date: 6/92 Lakeshore: 1993 BOARD OF REVIEW MARKET COMPARISONS C I MAY 10, 1993 CITY ASSESSOR/LOCAL BOARD OF REVIEW 3400 PLYMOUTH BLVD PLYMOUTH, MN. 55447 SUBJECT: HENNEPIN COUNTY REAL ESTATE 1993 VALUATION FOR TAXES PAYABLEIN1994 RE.: PROPERTY I.D. NO. 02-118-22-210039 DEAR SIR/MADAM: I DO NOT AGREE WITH THE $5600.00 INCREASE IN ESTIMATED VALUE OF MY HOMETHISPASTYEARSINCETHEIRHASBEENNOIMPROVEMENTSANDIHAVEBEENADVISED BYAWELLESTABLISHEDREALESTATEAGENTTHATWORKSTHEPLYMOUTHAREATHATTHEPLYMOUTHRESIDENTIALREALESTATEDROPPEDAPPROXIMATELY3% IN THE 1991-1992TIMEFRAME. HE STATED THAT THE PLYMOUTH REAL ESTATE IN SOUTHERN PLYMOUTHRECOVEREDTHE3% LOSS IN THE FIRST 3 MONTHS OF 1993. THEREFORE THE PROPERTYVALUEISONLYBACKTOIT'S PRE -RECESSION PRICE. THE SAILOR NEWSPAPER (PLYMOUTH WEEKLY NEWSPAPER) RECENTLY REPORTED THAT THEMINNEAPOLISBOARDOFREALTORSREPORTEDASELLINGPRICEDROPOF1.7% ON HOMESINTHEPLYMOUTHAREAINMARCHOF1993ASCOMPAREDTO1992. I ALSO WANT TO POINT OUT THE FACT STATED TO ME BY MY REAL ESTATE AGENT THATHOMESINSOUTHANDWESTPLYMOUTHSELLFASTERANDATAHIGHERPRICEFORTHESAMEHOMETHANHOMESINNORTHPLYMOUTH. IN SUMMARY, WHEN THIS INFORMATION IS FACTORED TOGETHER I ARRIVE AT A POSITIONTHATMYHOME'S VALUE IS 1.7$ LEAST TODAY THAN IT WAS IN 1990 EVALUATION ESTIMATE. I'M IN THE PROCESS OF GETTING NIP HOME EVALUATED BY TWO REAL ESTATE AGENTSESTIMATEDMARKETVALUE. HOWEVER, DO TO THEREQUIRESTHISWILLNOTBEACCOMPLISHEDUNTILITHE FWEEK OFMMAYT OF TRAVELMy RK THEREFORE 10TH. I OF THE OPTION TO APPEAL MY 1993 ESTIMATED MARKET VALUE WITHTHECOUNTYBOARDOFEQUAILIZATION. INCE WMPJAMESH. LETTER #2 1993 BOARD OF REVIEW STAFF REPORT AND RECOMMENDATION PROPERTY OWNERS NAME: Karl and Joyce Pokorny PROPERTY ADDRESS: 1890 Troy Lane North PID#: 30-118-22-31-0009 30-118-22-31-0008 (Vacant Lot) LEGAL DESCRIPTION: Long Legal 1993 ESTIMATED MARKET VALUE $297,600 97,000 (vacant lot) 394,600 1993 REVISED MARKET VALUE No change ISSUE: Mr. and Mrs. Pokorny stated in a letter and in person their concern about the increase in value to their home and adjacent vacant lot on Mooney Lake. RECOMMENDATION: A current reappraisal of the property and the sales of lakeshore property on Mooney Lake indicate the property is not overvalued and is consistent with comparable properties. No change in value is recommended. Respectfully submitted, Nancy Bye, SAMA Senior Appraiser 1993 Board of Review Page 2 The Pokorny's home is a 1973 rambler style house with 1,768 square feet and a full walkout basement finished with a large family room, bedroom and bath. The main floor consists of a living room, dining room, kitchen, 3 bedrooms and 2 baths. Their home has been well maintained and updating of carpets and floor coverings is evident. In 1988 an inground swimming pool was added to the property. This home sets on a secluded, wooded lot with 410 feet of Lakeshore on Mooney Lake. The vacant adjacent lot is also wooded, has 155 feet of lakeshore. This lot is .64 of an acre in size and is a buildable lot. The Pokorny property, along with all the other properties on Mooney Lake, was reappraised for the 1993 assessment. In 1992 the State Legislature passed legislation requiring that individual vacant lots shall be assessed at its market value indicative of highest and best use. Land values were determined and equalized by lakeshore front footage, size and location. The building values were determined and equalized based on size, style, quality, age and condition. A vacant lot (18500 County Road No. 6) on the south end of Mooney sold in March of 1991 for 123,500. This parcel has approximately 133 feet lakeshore and 1.64 acres. This lot had city water and sewer available but suffers from the traffic noise on County Road No. 6. A 1,490 square foot two story home was built on the lot in 1991. The Mooney lakeshore property at 19050 County Road No. 6, sold on April 29, 1991, for 475,000. The lot has 300 feet of lakeshore and 4.60 acres. This parcel is not serviced by city water or sewer and is wooded and secluded as in the Porkorny parcels. At the time of the sale, the property was improved with a rambler style house built in 1948. Since the time of sale the house has been demolished and a new home built on the property. These sales on Mooney Lake indicate what lakeshore land/property is selling for. Lakeshore property is generally valued by lakeshore front footage. All lots on Mooney Lake were also valued with consideration given for size and location. Non lakeshore platted vacant lots in Plymouth are selling for $60,000 to $90,000,. The Pokorny's purchased the home and adjacent vacant lot in 1986 for $325,000. Sales of lakeshore properties indicate the values have seen appreciated from 5% to 10% annually. 1 0002 SEC 50 F. f 0 c SALES MAP1 GOVT LOT 6 2612 rA VIES GOVT LOTS 3 & 5 . ....... nPER1,4Z fus 'W I116 Nl ` 111 ADJACENT 1 HIL ADJACENT- --- - - - - - - - - - - - - -- SUBJECT 347,400 6/88 325,000 6/86 4i,4 INFE AL ILL 3 AID 00 1111 r"w vsro,lo Xg. ea I % : 126 ti 0 WISH475,000 4/91 (27 wcSgt ti 123,500 (LOT) 3/91 I ' 6) 4z L^... .... ................................ I! . ............... ................ ......... I ........ ...... . .... . ............... . ...... . ...... . ........... .......... . ................. ........................................ 325,000 4/92- 1b. 1 2' 121 a 1711 :: .' - Y ,! e " 1 9 If 14A) nt cin AT, 1 •z 133) 0 n r o") 155,0 0 5/91 44TH InAm lb 00 At N 351 MIT LOT 5 .441GOVTLOT6 1ECORDED !AAP. IT TION OF INFORMATION iNTY, AND STATENHERSOURCES. 1 1 1993 Board of Review 1 Dwelling Style: Rambler Year Built: 1973 Square Feet: 1768 Sale Dale: 01-13-86 Sale Price: $325,000 1 1 1 1 1 1 i 1 1 i 1 1 Front View Back View VMS IA 0 1 u u 0 n View of Adjacent Vacant Lot 4f 2 Date 05/10/93 To LOCAL BOARD OF REVIEW - CITY OF PLYMOUTH From KARL & JOYCE POKORNY -1890 N. TROY LN, PLYMOUTH Subject: ASSESSED VALUATION FOR PID 30-118-22 31 0008 REALIZING THE ASSESSED VALUE IS UP 47%, WE DID SOME RESEARCH TO DETERMINE WHY. LOOKING AT OTHER LOTS ON MOONEY LAKE, WE FEEL OUR ASSEMENT IS HIGH BECAUSE: A. LOT # 30-118-22 34 0032, WHICH IS 1.45 ACRES, SOLD FOR $123,500.00. THIS EQUATES TO $85,172.00 AN ACRE WHICH PUTS OUR .64 ACRE LOT AT $54,510.00. B. LOT # 30-118-22 34 0032, WHICH IS 1.45 ACRES, IS CAPEABLE OF SUPPORTING A HOME OF 6,000 SQUART FEET. OUR .64 ACRE LOT CAN SUPPORT A HOME OF ONLY 1800 SQUARE FEET. (PER BILL TONN) C. LOT # 30-118-22 34 0032, IS SERVED BY CITY SEWER AND WATER. OURS IS NOT. A CITY STUDY IN 1989 ESTIMATED OUR ASSESSMENT FOR THOSE SERVICES AT $28,000.00 - $40,000.00. (SEE ATTACHED) BASED ON THE ABOVE, WE FEEL OUR ASSESSED VALUE SHOULD REMAIN AT THE CURRENT LEVEL OF $66,000.00. THANK YOU FOR YOUR CONSIDERATION. SINCERELY, 4-'l tCLC l"'y UKARL & JOYCE POKO'R/NY' 1890 N. TROY LANE I WF-=D 1 2 : Oz- PREC: I S I OM (ARTS P - L_1 I 40 NOTICE QF HEARJVL ON IMPROVEMENT MOONEY LAKE — SANITARY SEWER IMPROVEMENTS PROTECT NO. 834 i TO WHOM IT MAY CONCERN: Notice is hereby given that 'the City Council of the City of Plymouth, Minnesota wil.1 meet in the City Council Chambers, Plymouth City Center, 3400 Plymouth Boulevard, at 7:30 p.m. on Monday, March 6, 1989 to consider the improvement of Co, Rd. 6, south of Mooney lake by the installation of sanitary sewer and all necessary appurtenances pursuant to Minnesota Statutes, Section 429.011 to 429.111 (Laws 1953, Chapter 398, as amended). 1 The arta proposed to be assessed for such improvement is the foll.owi.ng: PLAT NAME iLSt IW -F 11+tiQ "l SUFF1 Unplated 30 118 22 33 0004, 0012, 0013 Unplated 30 118 22 34 0003 thru 0008, 0018 Radley Bills 30 118 22 34 0010 Unplated30 11.8 22 43 0004 thru 0006 The estimated cost of such improvement is $165,400. Such persons as desire to he heard with reference to the proposed improvement will be heard at this meeting. Lavrie Rauenhorst, City Clerk Dated: February 7, 1989 YoU'.Y -- s9 7 a - 6G 30-118--2,.-34-0008 P11C.OM, William 1.52S Troy Larte P1yrgout1l, '1•1n. 55447 okoi^l i IPETITION TO THE CITY OF PLYMOUTH We, the undersigned residents and owners of real property in the area on the attached map designated as the "Proposed Service Area", have become aware of a petition by the owners of the property designated on such map as "Petitioners" to obtain access to the city's water and sewer system by hookup with the existing system just to the south of County Road 6. Rather than address the limited nature of the petitioners' request, the city has undertaken a study of the feasibility of water and sewer access for the entire Propsed Service Area. we are not opposed to allowing petitioners to have access to the city's water and sewer system in the manner requested by petitioners, namely simply accessing the existing system on the other side of County Road 6. However, we are adamantly opposed to any plan or proposal to impose water and sewer access on the entire Proposed Service Area for the following reasi ns: 1. No one, including petitioners, has requested that water and sewer access be imposed on the entire Proposed Service Area. 2. We do not need nor do we want water and sewer access in the Proposed Service Area. 3. The Proposed Service Area is primarily lowlands surrounding Mooney Lake and, therefore, represents substantial engineering problems which would significatly add to the cost of installing water and sewer lines. 4. Because the city does not have public easements for water lines, sewer lines, or even for public roads in the Proposed Service Area, the cost of acquiring such easements by emminent domain would also substantially increase the cost of alling water and sewer to the ar C57.If water and sewer lines were installed in the Proposed Service Area, the cost assessed to each homeowner is likely to exceed $40,000, an amount greatly in excess of the value which would actually be added to our homes. 6. At its June 24, 1987, meeting, the director of the Plymouth Planning Commission stated that the extension of sanitary sewer and water lines was commonly done upon petition of the property owner, but could also be done by the City pursuant to the City's Capital Improvement Program. Director Tremere stated that the water and sewer line access for the Proposed Service Area was not currently part of the City's Capital Improvement Program. 7. With the exception of the petitioners, the property owners in the service area have no immediate plans to petition or request that the City provide access to the city's sewer and water system. Thus, neither the property owners in the Proposed Service Area nor the City has expressed a desire to intsall water and sewer lines in this area. 8. At that same meeting, the Commission denied the request of one of the petitioners for a variance from the policy limiting the use of septic systems to lots in excess of five acres. One of the Commission's stated reasons for denying the request, was the close proximity of water and sewer lines from the south side of County Road 6. The Commission also noted that water and sewer hookup to petitioners' property in this manner would cost approximately $20,000 to 25,000, an amount similar to the cost of constructing and maintaining septic systems on the petitioners' property. The Planning Commission thus ackowledged the reasonableness and feasability of providing access to the Petitioners' property from the existing system on the other side of County Road 6. 9. The needs and desires of all persons living in the Proposed Service Area can be met by limiting water and sewer access for the Pro^osed Service Area to the property owned by the petitioners in the manner they request, namely access under County Road 6 to existing water and sewer systems. For the above -stated reasons, the undersigned request that the city reject any proposal to extend access to the City's water and sewer system in the Proposed Service Area, with the limied exception of providing access to petitioners using the existing system on the southern side of County Road 6. Please print clearly Name Address Telephone Signature puv c i4r/ c, J PO dItr !8'0 7ri y l 9 (73—S7L ofiN fA PAs.u C a ' -o Y73- 5-032 i 4-7 4. —1." 9 k. L ,- L—,J-lr— GC;ekf A --,v" n , w ,LI10 , 197 S T` tr,,i cQ La CvsT-- - y73^S JS-I _ l lytwfi n 6o-tW ef -7S 1 q ( 2// 17 3 S 1 ro y a Vii • C 3- HENNEPIN COUNTY. REAL ESTATE 1993 VALUATION NOTICE FOR TAXES PAYABLE IN 1994. CITY ASSESSOR CITY OF PLYMOUTH3400PLYMOUTHBLVD PLYMOUTH MN 55447 KARL POKORNY 1890 TROY LA N PLYMOUTH MN 55447 I' 1993 CLASSIFICATION: PROPERTY ID NO. RESIDENTIAL HOMESTEAD 30-118-22 31 0008 1993 ESTIMATED MARKET VALUE 97,000 7 v - Market value is defined as the most probable price that a well informedbuyerwouldpayawellinformedsellerforapropertywithouteitherPartybeingundulyforcedtobuyorsell. The valuation of your propertyisbasedonreportedandrecordedmarketdatacollectedoverthepast year. The market data used for your valuation is from properties similartoyours. The classification of your property is controlled by state lawandisbasedontheuseoftheproperty. If you have information thatindicatesyourvaluationorclassificationisincorrect, you may call550-5020 within the next 5 business days. You can then discuss thisinformationwithanappraiser. If after discussing your information with an appraiser, you feel youstillhavereasontoappealyourvaluationorclassification, the methods of appeal are: THE LOCAL BOARD OF REVIEW: THE BOARD IS SCHEDULED FOR - DATE MAY 10 TIME 7:00 PM LOCATION PLYMOUTH CITY CENTER THE HENNEPIN COUNTY BOARD OF EQUALIZATION: The board will meet beginningonJune14, 1993. You must have appealed to the Local Board of Review tobeeligibletoappealtotheCountyBoardofEqualization. For an appointment to appeal to the County Board you must call 348-5076 byJUNE7, 1993. MINNESOTA TAX COURT: State law also provides that a property owner can appeal to the MinnesotaTaxCourt. For information on the Tax Court contact the Tax Court office. 520 Lafayette Road, 2nd Floor, St. Paul, MN 55155. Telephone No. 296-2806. 1 Date 05/10/93 To LOCAL BOARD OF REVIEW -CITY OF PLYMOUTH From KARL POKORNY & JOYCE POKORNY- 1890 N. TROY LN. PLYMOUTH Subject ASSESSED VALUATION FOR PID 30-118-22 31 0009 REALIZING THE ASSESSED VALUE IS UP AGAIN, +7.4°10, WE FEEL THIS PROPERTY ASSESSMENT TO BE HIGH. WE PURCHASED THIS HOME 6 3/4 YEARS AGO. DURING THIS TIME, THE VALUATION HAS INCREASED A CUMMULATIVE AMOUNT OF 7101#. THIS HOME IS NOW 20 YEARS OLD.AND NO CHANGES HAVE BEEN MADE IN THE HOME SINCE 1986. IN MAKING SOME COMPARISONS TO OTHER PROPERTIES ON THE LAKE & LANE PID LOT SIZE LAND VAL. 30-118-22 31 0004 1.45 acres 72,600 30-118-22 31 0005 2.60 acres 87,100 30-118-22 31 0006 2.30 acres 83,200 30-118-22 31 0007 1.10 acres 67,300 30-118-22 31 0009 1.08 acres 100,300 BASED ON THE ABOVE, WE FEEL OUR VALUATION SHOULD REMAIN AT 277,000. THANK YOU FOR YOUR CONSIDERATION. SINCERELY, KARL & JOYCE POKORNY 1890 N. TROY LANE n 11 i L I l I h CITY ASSESSOR 3400 PLYMOUTH BLVD PLYMOUTH MN HENNEPIN COUNTY REAL ESTATE 1993 VALUATION NOTICE FOR TAXES PAYABLE IN 1994 55447 KARL POKORNY 1890 TROY LA N PLYMOUTH MN 55447 1993 CLASSIFICATION: RESIDENTIAL HOMESTEAD 1993 ESTIMATED MARKET VALUE CITY OF PLYMOUTH PROPERTY ID NO. 30-118-22 31 0009 297,600 ? / cam Market value is defined as the most probable price that a well informed buyer would pay a well informed seller for a property without either party being unduly forced to buy or sell. The valuation of your property is based on reported and recorded market data collected over the past year. The market data used for your valuation is from properties similar to yours. The classification of your property is controlled by state law and is based on the use of the property. If you have information that indicates your valuation or classification is incorrect, you may call 550-5020 within the next 5 business days. You can then discuss this information with an appraiser. If after discussing your information with an appraiser, you feel you still have reason to appeal your valuation or classification, the methods of appeal are: THE LOCAL BOARD OF REVIEW: DATE TIME LOCATION THE BOARD IS SCHEDULED FOR - MAY 10 7:00 PM PLYMOUTH CITY CENTER THE HENNEPIN COUNTY BOARD OF EQUALIZATION: The board will meet beginning on June 14, 1993. You must have appealed to the Local Board of Review to be eligible to appeal to the County Board of Equalization. For an appointment to appeal to the County Board you must call 348-5076 by JUNE 7, 1993. MINNESOTA TAX COURT: State law also provides that a property owner can appeal to the Minnesota Tax Court. For information on the Tax Court contact the Tax Court office. 520 Lafayette Road, 2nd Floor, St. Paul, MN 55155. Telephone No. 296-2806.