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Home My WebLink About04-04-22 Work_Equal !"#$% & ' & % ()#)*#*) *+,, ( #*--.#//+0$ ( ".".#"##0 %.#"## 11 2 '' % % !% ' '11 %3 & %%(44'3 !4! !" ! 1 % ' # $ % HUD Complaint History - September 8, 2014 – City Council Authorized City to file a complaint to HUD (Resolution 2014-121) o Public comments received during the meeting - September 26, 2014: City enters into investigative retainer with Relman, Dane & Colfax - Nov 2014 - Complaint was filed with HUD o Complainants: MICAH, Brooklyn Park, Brooklyn Center, Richfield Represented by Michael Allen and Myron Orfield o Respondents: State of Minnesota, Minnesota Housing Finance Agency, Metropolitan Council o Claims were submitted under Fair Housing Act and Title VI, and procedurally HUD wanted to lead with Title VI (which prohibits discrimination on the basis of race, color and national origin). - January 23, 2015: Amended complaint filed with HUD - Jan 2015 – HUD’s preliminary response - May 2015 – Brooklyn Center retained Relman, Dane, and Colfax as a litigation attorney (paid with 1/3rd of settlement award) Myron Orfield no longer representing cities, but rather classified as a “Local Expert” on the issue - March 2015 – Met Council response o Minnesota housing response - July 2015 – Complainant response to Met Council’s response - January and February 2016: Extensive in-person meetings at HUD for purposes of conciliating Met Council complaint - May 2017 – Complainant sent a conciliation proposal - Nov. 2017- Voluntary Compliance Agreement drafted by HUD and would be between HUD and complainants and Met Council; suggests terms for resolution involving policy changes o BC staff sent some feedback in mid-December with concerns o February 2018: Met Council response to HUD re: VCA: Will not agree to terms - March 2018 – HUD notified parties it is terminating early state conciliation efforts. HUD can renew conciliation. (This means that HUD resumed an investigation under leadership of Gabe Arnson, per Michael Allen) o Gabriel Arnson, Compliance Team Lead, U.S. Dept. of HUD, Office of Fair Housing and Equal Opportunity, Chicago Regional Office, Phone: (312) 913- 8432 - April 2018 o April 17 – Last call with HUD o Our understanding was the Federal Administration at the time was not receptive to advancing this complaint toward outcomes sought by the complainants - October 2021 – Myron Orfield contacted the cities to indicate he thinks HUD would re-activate case - April 5, 2022 – Closed session with City Council !"#$% & ' & % ()#)*#*) *+,, ( -.,*/""0$ ( /*+""#0 %/#"## 11 2 '' % % ! %' '11 %3 & %! %3 ' ! !" #$ %#&$'! ( #$ %#&$'! $ ) ""*#$ " $"(+,-+".*!" $"(+,-+".* ! "/" 0 $1 2 $"" Hennepin County Assessor’s Office A-2103 Government Center, Minneapolis, MN 55487 612-348-3046 | hennepin.us Memo To: City of Brooklyn Center, Mayor and Council From: Josh Whitney, AMA, Lead Residential Appraiser Date: 3/21/2022 2022 assessment and appeals In preparation for the upcoming Local Board of Appeal and Equalization meeting, please find the enclosed information: x Annual Assessment x Summary of property growth x The Local Board of Appeal and Equalization process x Representative sales of residential properties with photos and property highlights x Additional information on the 2022 assessment is available at https://www.hennepin.us/assessment. Annual assessment The county assessor is required to value property as of January 2nd of each year. All market indicators are used to establish the assessment. The main source of data is the Department of Revenue’s sales ratio. Sales from this study period of October 1, 2020, through September 30, 2021, are reviewed by the assessor and trended forward to the January 2, 2022, assessment date to ensure all market conditions are considered. Sales occurring after the study period, pending sales, and property listings are also analyzed to ensure an appropriate assessment level for all property types. In addition to sales review, all appraisers view one fifth of the properties in the city. This is referred to as the quintile and the geographic area for the 2022 residential assessment is the northwest portion of the city. A map on page 3 depicts the residential quintile areas for the past 5-year cycle. Appraisers also analyze all building permit data, after inspection of these properties, if the completed work improves the property, then an improvement amount is added. Summary of the 2022 assessment Growth statistics for each submarket in the City of Brooklyn Center are listed below. The growth statistics are net figures that consider only market related changes. These figures do not include new construction or property type shifts. Single Family Homes + 16.38 % Residential Condos + 20.22 % Commercial + 5.39 % Townhouses + 17.19 % Industrial + 18.80 % Double Bungalow + 18.08 % Apartment + 5.01 % Residential Zero Lot Line + 0.0 % City of Brooklyn Center 2022 Assessment Total market value: $3,162,996,600 New construction: $27,287,000 Net percent increase for all property types: 14.31% ($392,630,600) Gross percent increase: 15.31% ($419,917,600) The local board of appeal and equalization process The 2022 Local Board of Appeal and Equalization will be held in person at City Hall, Council Chambers, 6301 Shingle Creek Parkway. Monday, April 4th at 7:00 PM Value notices are mailed in early March 2022. Taxpayers with value or classification concerns should contact the assessor’s office by calling the number listed on their value notice. Concerns are typically addressed after a conversation with an appraiser. If additional attention is necessary, the appraiser will review the property. If the owner and the appraiser disagree on the valuation, the owner has the right to appeal to The Local Board of Appeal and Equalization (LBAE) on April 4th. x The board has the authority to increase, decrease, or take no action on individual valuations. x The LBAE must not reduce the cities aggregate assessment by more than one percent or none of the adjustments will be allowed. x The board cannot increase or decrease by a percentage to all the assessments in the district by class. x If the board chooses to reconvene, it must do so within 20 days (from the meeting call to order.) The city Council has scheduled a Reconvene meeting if necessary for Monday, April 18th at 6 pm. If the owner is not satisfied with the result from the Local Board of Appeal, they can appeal to the County Board. For the taxpayer to appeal to the County Board they must first appeal to the Local Board either in person or in writing. The County Board of Appeal and Equalization will begin meeting on June 13, 2022. All requests for appointments at the County Board must be received by May 18, 2022. To make an appointment, taxpayers should call 612-348-7050 or email countyvalueappeal@hennepin.us. Contact Lead Residential Appraiser Josh Whitney, AMA 612-715-6181 joshua.whitney@hennepin.us Quintile Area Map HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7200 BRYANT AVE N 25-119-21-31-0035 2022 ESTIMATED MARKET VALUE: $325,000 SALE DATE : January 15, 2021 SALE DATE: June 18, 2018 NET SALE PRICE : $300,000 SALE PRICE: $274,510 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $332,800 BUILDING CHARACTERISTICS STORIES : 2 Story CENTRAL AC : Yes AGE : 1963 # FIREPLACES : 0 GROUND FL SF : 1,072 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,922 # FULL BATHS : 1 BASEMENT SF : 858 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 1 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 440 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 406 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 11,326 LAKE : LOT ACRES : .26 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1960's 2 Story, sold for 105% of the asking price in 37 Days. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5236 GREAT VIEW AVE N 10-118-21-21-0020 2022 ESTIMATED MARKET VALUE: $313,000 SALE DATE : July 15, 2021 SALE DATE: NET SALE PRICE : $310,000 SALE PRICE: ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $326,500 BUILDING CHARACTERISTICS STORIES : 2 Story CENTRAL AC : Yes AGE : 1962 # FIREPLACES : 0 GROUND FL SF : 997 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,847 # FULL BATHS : 1 BASEMENT SF : 997 # 3/4 BATHS : 1 BASEMENT % FIN : 50% # HALF BATHS : 1 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 384 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 341 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 13,504 LAKE : LOT ACRES : .31 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1960's 2 Story that sold in 4 days for 110% of the asking price HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 6930 HALIFAX AVE N 27-119-21-34-0039 2022 ESTIMATED MARKET VALUE: $289,000 SALE DATE : September 17, 2021 SALE DATE: September 17, 2021 NET SALE PRICE : $450,000 SALE PRICE: $283,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $465,800 BUILDING CHARACTERISTICS STORIES : 2 Story CENTRAL AC : Yes AGE : 1964 # FIREPLACES : 0 GROUND FL SF : 825 # DELUXE BATHS : 1 TOTAL ABOVE GRADE SF : 1,683 # FULL BATHS : 0 BASEMENT SF : 825 # 3/4 BATHS : 0 BASEMENT % FIN : 0% # HALF BATHS : 1 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 440 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 165 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1960's 2 Story, Sold in 25 days for 98% of the asking price. Updates; Very few. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5568 HUMBOLDT AVE N 01-118-21-32-0066 2022 ESTIMATED MARKET VALUE: $261,000 SALE DATE : December 29, 2020 SALE DATE: December 14, 2016 NET SALE PRICE : $232,000 SALE PRICE: $155,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $259,600 BUILDING CHARACTERISTICS STORIES : 1 1/2 Story CENTRAL AC : Yes AGE : 1942 # FIREPLACES : 0 GROUND FL SF : 920 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,160 # FULL BATHS : 1 BASEMENT SF : 736 # 3/4 BATHS : 0 BASEMENT % FIN : 80% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 660 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 316 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 18,295 LAKE : LOT ACRES : .42 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1940's 1.5 Story, sold in 28 days for full list price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5320 HUMBOLDT AVE N 01-118-21-33-0029 2022 ESTIMATED MARKET VALUE: $218,000 SALE DATE : October 30, 2020 SALE DATE: May 28, 2002 NET SALE PRICE : $200,984 SALE PRICE: $138,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $228,800 BUILDING CHARACTERISTICS STORIES : 1 1/4 Story CENTRAL AC : Yes AGE : 1947 # FIREPLACES : 0 GROUND FL SF : 908 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,228 # FULL BATHS : 1 BASEMENT SF : 908 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 240 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 64 GARAGE 2 SF : 0 DECK SF : 220 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS For sale by owner 1.5 Story, newer furnace and air conditioning HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5424 BRYANT AVE N 01-118-21-34-0043 2022 ESTIMATED MARKET VALUE: $256,000 SALE DATE : October 30, 2020 SALE DATE: August 21, 2018 NET SALE PRICE : $226,550 SALE PRICE: $218,408 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $257,900 BUILDING CHARACTERISTICS STORIES : 1 1/4 Story CENTRAL AC : Yes AGE : 1951 # FIREPLACES : 0 GROUND FL SF : 720 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 960 # FULL BATHS : 1 BASEMENT SF : 720 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 352 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1.5 Story built in 1951, updated kitchen, siding , windows and bathrooms, sold in 69 days for 90% of the asking price. Backs up to Bellvue Park. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5800 EMERSON AVE N 01-118-21-23-0098 2022 ESTIMATED MARKET VALUE: $275,000 SALE DATE : December 11, 2020 SALE DATE: February 25, 2013 NET SALE PRICE : $248,938 SALE PRICE: $134,400 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $278,500 BUILDING CHARACTERISTICS STORIES : 1 1/4 Story CENTRAL AC : Yes AGE : 1951 # FIREPLACES : 0 GROUND FL SF : 1,000 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,396 # FULL BATHS : 1 BASEMENT SF : 1,000 # 3/4 BATHS : 1 BASEMENT % FIN : 60% # HALF BATHS : 10 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 42 GARAGE 1 SF : 400 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 73 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 11,326 LAKE : LOT ACRES : .26 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1950's 1.5 Story home with an updated kitchen, sold in 4 days for full asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 6212 LEE AVE N 34-119-21-33-0039 2022 ESTIMATED MARKET VALUE: $261,000 SALE DATE : April 20, 2021 SALE DATE: January 30, 2002 NET SALE PRICE : $252,200 SALE PRICE: $149,500 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $272,600 BUILDING CHARACTERISTICS STORIES : Split Level CENTRAL AC : Yes AGE : 1956 # FIREPLACES : 0 GROUND FL SF : 1,056 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,056 # FULL BATHS : 1 BASEMENT SF : 1,056 # 3/4 BATHS : 1 BASEMENT % FIN : 80% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 240 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 9,583 LAKE : LOT ACRES : .22 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1950's 4 Level Split. Sold before listed $33,500 above the asking price. Updates; New windows in 2018. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 6406 KYLE AVE N 34-119-21-32-0101 2022 ESTIMATED MARKET VALUE: $264,000 SALE DATE : March 29, 2021 SALE DATE: March 29, 2010 NET SALE PRICE : $253,000 SALE PRICE: $149,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $275,800 BUILDING CHARACTERISTICS STORIES : Split Level CENTRAL AC : Yes AGE : 1956 # FIREPLACES : 0 GROUND FL SF : 1,012 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,012 # FULL BATHS : 2 BASEMENT SF : 572 # 3/4 BATHS : 0 BASEMENT % FIN : 90% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 440 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 50's 3 Level Split, newer siding and windows with only cosmetic interior updates. Sold in just 4 days for 110% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5547 GIRARD AVE N 01-118-21-32-0075 2022 ESTIMATED MARKET VALUE: $279,000 SALE DATE : March 26, 2021 SALE DATE: January 10, 2017 NET SALE PRICE : $258,561 SALE PRICE: $195,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $281,900 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1975 # FIREPLACES : 0 GROUND FL SF : 927 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 927 # FULL BATHS : 1 BASEMENT SF : 927 # 3/4 BATHS : 1 BASEMENT % FIN : 80% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 462 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 298 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 7,405 LAKE : LOT ACRES : .17 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1970's Split Level, sold in 7 days for 5k above the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 3807 OAK ST 10-118-21-21-0070 2022 ESTIMATED MARKET VALUE: $304,000 SALE DATE : June 25, 2021 SALE DATE: December 23, 2016 NET SALE PRICE : $299,900 SALE PRICE: $199,610 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $318,600 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1979 # FIREPLACES : 1 GROUND FL SF : 826 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 826 # FULL BATHS : 2 BASEMENT SF : 991 # 3/4 BATHS : 0 BASEMENT % FIN : 90% # HALF BATHS : 0 WALKOUT : Yes # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 576 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 292 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 11,326 LAKE : LOT ACRES : .26 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1970's Split Entry that sold in just 3 days for it's full asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7238 DALLAS RD 25-119-21-42-0031 2022 ESTIMATED MARKET VALUE: $325,000 SALE DATE : December 30, 2020 SALE DATE: July 28, 2016 NET SALE PRICE : $302,395 SALE PRICE: $220,789 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $338,300 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1969 # FIREPLACES : 0 GROUND FL SF : 1,144 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,144 # FULL BATHS : 1 BASEMENT SF : 1,144 # 3/4 BATHS : 1 BASEMENT % FIN : 90% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 600 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 190 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,890 LAKE : LOT ACRES : .25 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1960's Split Entry sold in 14 days for 97% of asking price. Updates; Kit Counters, Flooring, Siding, Windows. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7007 DALLAS RD 25-119-21-43-0008 2022 ESTIMATED MARKET VALUE: $305,000 SALE DATE : July 14, 2021 SALE DATE: July 21, 2000 NET SALE PRICE : $305,000 SALE PRICE: $150,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $321,200 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1970 # FIREPLACES : 1 GROUND FL SF : 1,082 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,082 # FULL BATHS : 1 BASEMENT SF : 1,082 # 3/4 BATHS : 1 BASEMENT % FIN : 90% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 572 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 240 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1970 Split Entry, Sold in 3 days for 101% of asking price. Updates; Mech's, Cosmetics, Siding, Windows. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 6015 GIRARD AVE N 01-118-21-22-0082 2022 ESTIMATED MARKET VALUE: $229,000 SALE DATE : October 1, 2020 SALE DATE: December 21, 2012 NET SALE PRICE : $210,000 SALE PRICE: $87,300 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $239,000 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : Yes AGE : 1953 # FIREPLACES : 0 GROUND FL SF : 912 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 912 # FULL BATHS : 1 BASEMENT SF : 912 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 100 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 288 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 88 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,019 LAKE : LOT ACRES : .23 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Partially updated 50's Rambler, sold in 5 days for 110% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7018 HUMBOLDT AVE N 25-119-21-33-0078 2022 ESTIMATED MARKET VALUE: $272,000 SALE DATE : December 28, 2020 SALE DATE: March 7, 2017 NET SALE PRICE : $254,700 SALE PRICE: $181,875 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $285,000 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : Yes AGE : 1969 # FIREPLACES : 0 GROUND FL SF : 1,037 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,037 # FULL BATHS : 1 BASEMENT SF : 1,037 # 3/4 BATHS : 0 BASEMENT % FIN : 80% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 480 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 10,454 LAKE : LOT ACRES : .24 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 60's Rambler sold in 6 days for 105% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5401 BRYANT AVE N 01-118-21-34-0132 2022 ESTIMATED MARKET VALUE: $341,000 SALE DATE : December 21, 2021 SALE DATE: September 15, 2021 NET SALE PRICE : $323,300 SALE PRICE: $339,200 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $326,100 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : Yes AGE : 1989 # FIREPLACES : 0 GROUND FL SF : 1,518 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,518 # FULL BATHS : 1 BASEMENT SF : 1,366 # 3/4 BATHS : 2 BASEMENT % FIN : 70% # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 4 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 168 GARAGE 1 SF : 526 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 252 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 9,148 LAKE : LOT ACRES : .21 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS 1980's Rambler, cosmetic updates, sold in 19 days for 101% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5247 DREW AVE N 10-118-21-12-0012 2022 ESTIMATED MARKET VALUE: $378,000 SALE DATE : February 26, 2021 SALE DATE: June 29, 2010 NET SALE PRICE : $354,400 SALE PRICE: $148,313 ANNUAL MCAP ADJ : MCAP SALE PRICE : $354,400 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : Yes AGE : 1960 # FIREPLACES : 1 GROUND FL SF : 2,040 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 2,040 # FULL BATHS : 4 BASEMENT SF : 2,040 # 3/4 BATHS : 0 BASEMENT % FIN : 90% # HALF BATHS : 0 WALKOUT : Yes # BEDROOMS : 8 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 912 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 11,761 LAKE : LOT ACRES : .27 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Side by Side Duplex built in 1960. Sold in 79 days for 93% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7201 PERRY CT E 28-119-21-41-0150 2022 ESTIMATED MARKET VALUE: $199,000 SALE DATE : March 26, 2021 SALE DATE: April 30, 2019 NET SALE PRICE : $191,500 SALE PRICE: $167,810 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $208,800 BUILDING CHARACTERISTICS STORIES : 2 Story CENTRAL AC : Yes AGE : 1975 # FIREPLACES : 0 GROUND FL SF : 616 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,216 # FULL BATHS : 1 BASEMENT SF : 616 # 3/4 BATHS : 0 BASEMENT % FIN : 80% # HALF BATHS : 101 WALKOUT : No # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 440 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 72 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 2,614 LAKE : LOT ACRES : .06 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Creek Villas Townhome, sold for 100% of the asking price in 13 days. Updates; Relocation sale, cosmetic updates. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5572 ALDRICH DR N 01-118-21-31-0119 2022 ESTIMATED MARKET VALUE: $204,000 SALE DATE : July 19, 2021 SALE DATE: NET SALE PRICE : $203,000 SALE PRICE: ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $213,800 BUILDING CHARACTERISTICS STORIES : Split Level CENTRAL AC : Yes AGE : 1985 # FIREPLACES : 1 GROUND FL SF : 1,012 # DELUXE BATHS : 1 TOTAL ABOVE GRADE SF : 1,012 # FULL BATHS : 0 BASEMENT SF : 1,012 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 100 WALKOUT : No # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 418 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 99 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 1,307 LAKE : LOT ACRES : .03 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS For Sale by Owner on Zillow, Townhome, well maintained, with newer furnace and A/C. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7112 PERRY PL 28-119-21-41-0021 2022 ESTIMATED MARKET VALUE: $212,000 SALE DATE : September 1, 2021 SALE DATE: April 27, 2012 NET SALE PRICE : $207,500 SALE PRICE: $56,900 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $214,800 BUILDING CHARACTERISTICS STORIES : Split Level CENTRAL AC : Yes AGE : 1972 # FIREPLACES : 1 GROUND FL SF : 1,150 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,150 # FULL BATHS : 2 BASEMENT SF : 1,265 # 3/4 BATHS : 0 BASEMENT % FIN : 50% # HALF BATHS : 0 WALKOUT : Yes # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 506 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 120 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 2,614 LAKE : LOT ACRES : .06 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Creek Villas Townhome, sold in 21 days for 96.5% of asking price. Updates; only cosmetic. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 869 70TH AVE N 25-119-21-34-0011 2022 ESTIMATED MARKET VALUE: $175,000 SALE DATE : October 13, 2020 SALE DATE: June 10, 2016 NET SALE PRICE : $160,000 SALE PRICE: $90,525 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $182,100 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1983 # FIREPLACES : 0 GROUND FL SF : 785 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 785 # FULL BATHS : 1 BASEMENT SF : 785 # 3/4 BATHS : 0 BASEMENT % FIN : 40% # HALF BATHS : 0 WALKOUT : Yes # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 460 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 84 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 1,307 LAKE : LOT ACRES : .03 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Evergreen Estates Townhome, Asking price; $145k, Selling price $160,000 in 24 days; Updates; Minor. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 7221 UNITY AVE N 28-119-21-42-0104 2022 ESTIMATED MARKET VALUE: $206,000 SALE DATE : October 27, 2020 SALE DATE: NET SALE PRICE : $189,150 SALE PRICE: ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $215,300 BUILDING CHARACTERISTICS STORIES : Split Entry CENTRAL AC : Yes AGE : 1985 # FIREPLACES : 0 GROUND FL SF : 924 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 924 # FULL BATHS : 1 BASEMENT SF : 1,012 # 3/4 BATHS : 1 BASEMENT % FIN : 60% # HALF BATHS : 0 WALKOUT : Yes # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 440 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Detached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 176 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 3,485 LAKE : LOT ACRES : .08 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Mallard Ponds Townhome, sold in 7 days for 20k above the asking price. Updates; Minor Cosmetic. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 5434 72ND CIR 28-119-21-42-0079 2022 ESTIMATED MARKET VALUE: $177,000 SALE DATE : October 27, 2020 SALE DATE: September 9, 2020 NET SALE PRICE : $162,900 SALE PRICE: $145,000 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $185,400 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : Yes AGE : 1983 # FIREPLACES : 0 GROUND FL SF : 904 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 904 # FULL BATHS : 1 BASEMENT SF : 0 # 3/4 BATHS : 0 BASEMENT % FIN : # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 200 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Attached Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 0 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 3,049 LAKE : LOT ACRES : .07 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS The Mallard Pond Townhome, sold for full price in 36 days. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 4201 LAKESIDE AVE N 313 10-118-21-32-0166 2022 ESTIMATED MARKET VALUE: $109,000 SALE DATE : April 26, 2021 SALE DATE: NET SALE PRICE : $100,880 SALE PRICE: ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $109,000 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : No AGE : 1971 # FIREPLACES : 0 GROUND FL SF : 662 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 662 # FULL BATHS : 1 BASEMENT SF : 0 # 3/4 BATHS : 0 BASEMENT % FIN : # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 1 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 200 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 72 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 0 LAKE : LOT ACRES : .00 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Beach Condominium, 1 Bedroom, 1 Bathroom, sold in 120 days for 99% of the asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 4207 LAKESIDE AVE N 241 10-118-21-32-0153 2022 ESTIMATED MARKET VALUE: $113,000 SALE DATE : November 5, 2020 SALE DATE: April 16, 2018 NET SALE PRICE : $105,000 SALE PRICE: $90,598 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $118,500 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : No AGE : 1971 # FIREPLACES : 0 GROUND FL SF : 1,080 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,080 # FULL BATHS : 1 BASEMENT SF : 0 # 3/4 BATHS : 1 BASEMENT % FIN : # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 200 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 72 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 0 LAKE : LOT ACRES : .00 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Beach Condominium, 2 Bedroom, 2 Bath unit, Sold for 95% of asking price in 31 days. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 4201 LAKESIDE AVE N 208 10-118-21-32-0120 2022 ESTIMATED MARKET VALUE: $129,000 SALE DATE : August 31, 2021 SALE DATE: May 2, 2019 NET SALE PRICE : $129,000 SALE PRICE: $103,500 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $134,700 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : No AGE : 1971 # FIREPLACES : 0 GROUND FL SF : 1,030 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,030 # FULL BATHS : 2 BASEMENT SF : 0 # 3/4 BATHS : 0 BASEMENT % FIN : # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 2 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 200 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 72 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 0 LAKE : LOT ACRES : .00 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS Beach Condominium, 2 Bedroom, 2 Bath unit, Sold in 43 days for full asking price. HC Assessor’s Office 2022 Sales Book BROOKLYN CENTER 4207 LAKESIDE AVE N 336 10-118-21-32-0189 2022 ESTIMATED MARKET VALUE: $130,000 SALE DATE : July 12, 2021 SALE DATE: January 24, 2013 NET SALE PRICE : $130,000 SALE PRICE: $59,900 ANNUAL MCAP ADJ : .1091 MCAP SALE PRICE : $136,900 BUILDING CHARACTERISTICS STORIES : 1 Story CENTRAL AC : No AGE : 1971 # FIREPLACES : 0 GROUND FL SF : 1,300 # DELUXE BATHS : 0 TOTAL ABOVE GRADE SF : 1,300 # FULL BATHS : 2 BASEMENT SF : 0 # 3/4 BATHS : 0 BASEMENT % FIN : # HALF BATHS : 0 WALKOUT : No # BEDROOMS : 3 PORCHES / DECKS GARAGES ENCLOSED PORCH SF : 0 GARAGE 1 SF : 200 SCREENED PORCH SF : 0 GARAGE 1 TYPE : Tuck Under Garage OPEN PORCH SF : 0 GARAGE 2 SF : 0 DECK SF : 72 GARAGE 2 TYPE : LOT CHARACTERISTICS LOT SF : 0 LAKE : LOT ACRES : .00 EFFECTIVE LAKE FRONT FT : 0 APPRAISER COMMENTS For Sale by Owner, 3 Bedroom 2 bath, 3rd floor unit. Property Tax Division - Mail Station 3340 St. Paul, MN 55146-3340 Revised March 2018 This fact sheet is intended to help you become more familiar with Minnesota tax laws and your rights and responsibilities under the laws. Nothing in this fact sheet supersedes, alters, or otherwise changes any provisions of the tax law, ad- ministrative rules, court decisions, or other revenue notices. Alternative formats available upon request. Minnesota Revenue, How the Assessor Estimates Your Market Value 1 How the Assessor Estimates Your Market Value Property Tax Fact Sheet 2 2 Fact Sheet www.revenue.state.mn.us How does the assessor estimate the market value of my property? Assessors value properties using a mass appraisal process to review sales of similar properties in the area over a set time period. This “estimated market value” represents what your property would sell for in an “arms-length” sale on the open market (where buyer and seller are not related and both are educated about the property). Assessors review sales from October 1 to Septem- ber 30. They adjust the prices for market trends to estimate the market value of your property on the next assessment date (January 2). An example of this timeline is: x To estimate a property’s 2018 market value, the assessor reviews property sales from October 1, 2016, to September 30, 2017. x Property owners may appeal their estimated market value and classification. This process occurs from April 1, 2018 to June 30, 2018. x Property values and classifications become final on July 1, 2018. These values are used to determine taxes for 2019. Assessors also review other data such as supply and demand, marketing times, and vacancy rates. This helps them determine if the real estate market in your area is increasing, stable, or decreasing. What is the difference between ‘Estimated Market Value’ and ‘Taxable Market Value’? While estimated market value (EMV) shows what your property would likely sell for on the open market, “taxable market value” (TMV) is used to determine your taxes. A property’s TMV is its estimated market value minus any tax exemptions, deferrals, and value ex- clusions that apply. For example, many homeown- ers have a Homestead Market Value Exclusion, which reduces the amount of home value that is subject to tax. How does my property value affect my property taxes? Property value does not directly affect your prop- erty tax bill. It is used to calculate your share of the local property tax levy for the year. This levy is the total property tax revenue needed to fund the budgets set by your county, city or town, and school district. Your property’s taxable market value is multiplied by its classification rate to determine its share of the levy. Increasing or decreasing your property’s market value does not change the overall amount of prop- erty tax revenue that is collected. For more information, see Fact Sheet 1, Under- standing Property Taxes. Estimated market value is one of the factors used to determine your property taxes. This fact sheet ex- plains how that value is calculated and used. Minnesota Revenue, How the Assessor Estimates Your Market Value 2 How do assessors verify their estimated values are in line with the market? The Department of Revenue and assessors do a “sales ratio study” each year to see how assessors’ values compare to actual sales prices. A sales ratio is the assessor’s EMV of a property divided by its actual sales price: Sales Ratio = Assessor EMV Actual Sales Price For example, assume a home was valued at by the assessor at $200,000 and sold for $210,000. The sales ratio is calculated like this: Sales Ratio = $200,000 $210,000 = 0.952 = 95% The overall EMVs should be within 90 to 105 per- cent of actual sales prices. Otherwise the Depart- ment of Revenue may order the assessor to adjust property values. Where do assessors get sales information? This information comes from sales of real estate. A Certificate of Real Estate Value (CRV) is filed whenever real estate sells for more than $1,000. CRVs have important details about each transac- tion. Assessors use this information to help esti- mate market values and for the sales ratio study. Before using a CRV in the sales ratio study, the as- sessor must verify the sale was an open-market, arms-length sale. Otherwise it cannot be used in the study. How do I know if my assessor has the right information for my property? Assessors are required to inspect properties in per- son at least once every 5 years. They also inspect property if new construction or demolition takes place. You may contact the assessor to verify information about your property such as dimensions, age, and condition of any structures. If your property has new improvements or other changes the assessor may not know about, you can ask the assessor to review and adjust your property records. If you disagree with the assessor’s value for your property, you may appeal. For more information, see Fact Sheet 3,How to Appeal Your Value and Classification. Can the values of some properties decrease while others increase? Yes. Sales prices for different types of property can vary widely depending on market conditions and other factors. In recent years, for example, sales of farmland were generally stronger than residential or com- mercial sales in most areas of the state. No two properties are exactly alike. A property’s market value or sales price is also affected by its unique characteristics – such as location, square footage, number of rooms, etc. Do property values in all areas increase or decline at the same rate? No. Local real estate markets can be affected by a wide range of factors, such as new construction, changing demand for property, or economic trends. Each area or neighborhood is different; its values can change at a faster (or slower) rate than others. Where can I get more information? If you have questions or need more information: x Refer to: o Fact Sheet 1,Understanding Property Taxes; and o Fact Sheet 3,How to Appeal Your Value and Classification. x Go to www.revenue.state.mn.us and type property tax fact sheets into the Search box. x Contact your County Assessor. Property Tax Fact Sheet 3 Property Tax Division – Mail Station 3340 – St. Paul, MN 55146-3340 3 This fact sheet is intended to help you become more familiar with Minnesota tax laws and your rights and responsibilities under the laws. Nothing in this fact sheet supersedes, alters, or otherwise changes any provisions of the tax law, administrative rules, court decisions, or revenue notices. Alternative formats available upon request. Revised March 2018 How to Appeal Your Value and Classification Minnesota Revenue, How to Appeal Your Value and Classification 1 www.revenue.state.mn.us Fact Sheet What if I disagree with how my property was assessed? Most issues and concerns can be resolved by doing research and contacting the county assessor’s office. You should: x Verify information about your property, such as its dimensions, age, and condition of its structures. x Review records to determine the market values of similar properties in your neighborhood. x Review sales data to see what similar properties in your area are selling for. x Ask the assessor to explain the criteria used to classify your property. You may review the classifications of other properties used in the same way as yours. If your property has not been inspected recently (both interior and exterior), ask the assessor to review your property. If you and the assessor are unable to agree on your property valuation or classification, you can make a formal appeal. How does my property’s classification affect my taxes? Assessors classify all property according to its use on January 2. Each class of property (home, apartment, cabin, and farm business) is taxed at a different percentage of its value. This percentage, or “class rate,” is determined by the Legislature. The class rate plays a significant role in how much property tax you pay. What can I appeal? You can appeal your property’s estimated market value, and/or classification if you feel your property is: x Classified improperly x Valued higher or lower than you could sell it for x Valued differently from similar property in your area Your assessor is not responsible for the dollar amount of property taxes that you pay. Tax rates are determined by your local taxing authorities (city, county, school districts, etc.). You may not appeal your taxes. Each spring your county sends you a Notice of Valuation and Classification. Three factors that affect your tax bill are: 1. The amount your local governments (town, city, county, etc.) spend to provide services 2. The estimated market value of your property 3. The classification of your property (how it is used) The assessor determines the value and classification of your property; you may appeal if you disagree. Minnesota Revenue, How to Appeal Your Value and Classification 2 How do I appeal my assessment? You may appeal to your Local and/or County Board of Appeal and Equalization, or you may choose to go directly to Minnesota Tax Court. The date, times, and locations of the boards are on the Notice of Valuation and Classification. You should schedule your appearance with the board. You must appeal to the Local Board of Appeal and Equalization before appealing to the County Board of Appeal and Equalization. For both boards you may make your appeal in person, by letter, or have someone else appear for you. The assessor will be present to answer questions. Note: By law, the Local and County Board of Appeal and Equalization cannot make a change favoring a taxpayer if the assessor is not allowed to inspect the property. What should I bring to my appeal? Bring evidence and supporting documentation about your property’s value and classification such as: x A recent appraisal of your property x Real estate listings for similar properties in your area x Photos of your property that may help support your claim What is the Local Board of Appeal and Equalization? The Local Board of Appeal and Equalization is usually the same people as your city council or town board. The board of appeal meets in April or May. Cities and towns may choose to transfer their board powers to the County Board of Appeal and Equalization. If your city or town board has done this, your Notice of Valuation and Classification will direct you to begin your appeal at the county level. What is the County Board of Appeal and Equalization? The County Board of Appeal and Equalization is usually the same people as your county board of commissioners or their appointees. This board meets in June. You may appeal to the county board if you are not satisfied with the decision of the Local Board of Appeal and Equalization, or if your city or town has transferred its powers to the county. If you are not satisfied with the decision of the County Board of Appeal and Equalization, you may appeal to the Minnesota Tax Court How do I appeal to Minnesota Tax Court? To appeal your property’s value or classification, you complete and file Minnesota Tax Court Form 7, Real Property Tax Petition. You must file your appeal by April 30 of the year the tax becomes payable. For example, you must appeal your 2018 assessment by April 30, 2019. You can get more information, forms, and in- structions at: x mn.gov/tax-court or x Call 651-539-3260 Where can I get more information? If you have questions or need more information about the appeal process, contact your County Assessor’s Office. For more information on how market value and classification are determined: x Refer to: o Fact Sheet 1,Understanding Property Taxes and o Fact Sheet 2, How the Assessor Estimates Your Market Value. x Go to www.revenue.state.mn.us and type property tax fact sheets into the Search box. Flow Chart of the Appeal Process What do I do if I think my property is valued or classified incorrectly? After you receive your value notice (mailed February – April) Examine your notice; if you have a question OR if you think your property assessment for this year is incorrect, follow these steps: Step 1 Talk to your assessor x Call the number listed on the notice x Discuss your concerns with the assessor/appraiser x Review sales information Step 2 Attend the Local Board of Appeal and Equalization or Open Book Meeting** x The local board of appeal and equalization meets at the city level x Meets in April or May x Appeal in person, by letter or by designated representative x Call your assessor – an appointment may be requested ** “Open Book” meeting: If your notice refers to an open book meeting, this is held in lieu of the local board of appeal and equalization. It’s an informal review between the property owners and the assessor/appraiser to resolve assessment questions prior to the county board of appeal and equalization. Step 3 Attend County Board of Appeal and Equalization x You must first appeal to the local board of appeal and equalization if your city holds this meeting. x If your city has an open book meeting, you may appeal directly to the county board of appeal and equalization. Although it is strongly recommended, you are not required to appear at the open book meeting. x Meets in June x Appeal in person, by letter or by designated representative Appeal to the Minnesota Tax Court Appeals must be filed by April 30 of the year following the assessment. There are two divisions in which you may file an appeal as described below: www.taxcourt.state.mn.us Regular Division Non-homestead property valued over $300,000 Appeal can be used for all property Attorney is recommended Decisions can be appealed to MN Supreme Court Small Claims Division Estimated market value of the property is less than $300,000, or If residential (1a) or disabled (1b) homestead, then there must be only one dwelling unit per parcel per petition. If ag homestead (2a), homestead must apply to entire property, or Denial of current year application for homestead. Attorney is not necessary; decisions are final. 4/4/2022 1 `Each year, one fifth of the properties in the city are reviewed and the records are updated, this year we completed the 2022area seen on the attached map. `The review and statistical analysis of all sales that sold from October 1, 2020 through September 30, 2021 in the City of Brooklyn Center were made. `Adjustments to all commercial and industrial properties are based on market and income valuation procedures. 4/4/2022 2 Each year the estimated market values are analyzed along with sales data from the market. A recalculation of land and building values were made to all property types. `The results of the adjustments for the following property types are: `Residential + 16.38 % `Duplex +18.08 % `Condos + 20.22% `Townhouses + 17.19 % `Apartments + 5.01 % `Commercial +5.39 % `Industrial + 18.80 % There are 8,617 taxable parcels in the city with a total market value of approximately $3,162,996,600. This value includes $27,287,000 in new construction improvements. 279 are Exempt Parcels. The overall net value increase for all property types including improvements in the City of Brooklyn Center is +14.31%. The Gross percent increase was 15.31% Valuation Appeals `Residential; Pre 10 Day window- 82 phone calls with all issues settled. There are 9 write in appeals that occurred within the 10 Day window. `Commercial has 1 written appeal and AApartments have 2 written appeals. 4/4/2022 3 Total EstimatedMarketValue By PropertyType inBrooklynCenter Apartments $442,505,000 Commercial $374,320,000 Industrial $230,440,300 Residential $1,928,218,200 Values takenfromthe2022HennepinCounty 10BoxReport