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HomeMy WebLinkAbout2017 04-17 CCP Board of Appeal & EqualizationBOARD OF APPEAL AND EQUALIZATION City of Brooklyn Center April 17, 2017 AGENDA 1. Call to Order 7:00 p.m. –The City Council requests that attendees turn off cell phones and pagers during the meeting. A copy of the full City Council packet is available to the public. The packet ring binder is located at the front of the Council Chambers by the podium. 2. Roll Call 3. Local Board of Appeal and Equalization (LBAE) Certification Form 4. Questions Regarding the Local Board of Appeal and Equalization Duties 5. Appearances by Taxpayers with Appointments 6. Appearances by Taxpayers without an Appointment 7. Consideration of Written Appeals a) D G Sannes & D K Swanson, 7006 Willow Lane N. (PID # 25-119-21-44-0005) b) Konstantin Ginzburg, 5724 Logan Ave. N. (PID # 02-118-21-14-0105) c) Konstantin Ginzburg, 5728 Logan Ave. N. (PID # 02-118-21-14-0104) d) Madeline Rose Nolan, 5508 Morgan Ave N. (PID # 02-118-21-42-0116) e) Amy Juntunen, 4907 Wingard Place (PID # 28-119-21-42-0032) f) Diana O’Connor, 711 69th Ave. N. (PID # 36-119-21-21-0119) g) Denny Walsh, 5701 Shingle Creek Parkway (PID # 02-118-21-23-0016) h) Tony Yang, 5660 Lilac Drive N (PID # 02-118-21-42-0032) i) Brooklyn Hotel Partners, LLC, 6300 Earle Brown Drive (PID # 35-118-21-43-0018) 8. Reconvene Meeting Date (Monday, May 1, 2017, 6:00 p.m.) 9. Recess M DEPARTMENTOF REVENUE Local Board of Appeal and Equalization Certification Form for 2017 The Local Board of Appeal and Equalization (LBAE) must complete and sign this form for each meeting of the local board. Since all local boards are required to comply with the training and quorum requirements, this form must be completed even it no appeals are heard. At the end of each LBAE meeting, the county assessor or authorized city assessor takes possession of the completed form. Section 1 - Complete the following Information at the beginning of the meeting. County name HENNEPIN Jurisdiction name (indicate city or town) BROOKLYN CENTER Meeting (circle one): convened or reconvened 1lL 17. 2017 Time Lia.m. 7 . Township/City Board Members • List all voting members of the LBAE and check Presenr or "Absenr for each one to indicate which members were in attendance. • For each voting member present, check 'Yes or 'No indicating if the member has completed the training required under Minnesota Statutes, Section 274.014 within the last four years. • All voting members present at the meeting must sign this form. • By signing this form, you certify that you attended the LBAE meeting. • You are also certifying that no board member participated in actions concerning the vuation'or classification of a property owned by the board member, the board members spouse, parent stepparent, child, stepchild, grandparent, grandchild, brother, sister, uncle aunt, nephew, or niece of a board member, or any property in which the board member has a financial interest (the relatonshipsmay be by blood or marriaae). Print names of all voting members Title lAttendance Training certified Signature (for those in attendance only) TIM WILLSON MAYOR []Present DAbsent EYes []No X MARQUITA BUTLER COUNCIL MEMBER OPresent jAbsent [:]Yes ONo X APRIL GRAVES COUNCIL MEMBER ]Present DAbsent []Yes DM0 X KRIS LAWRENCE-ANDERSON COUNCIL MEMBER OPresent EAbsent []Yes DN0 K_____________________ DAN RYAN COUNCIL MEMBER iPresent DAbsent DYes []NG X OPresent DAbsent []Yes DNo X []Present flAbsent DYes DNo X Assessment Personnel Must be completed by the county assessor (or an assistant delegated by the county assessor) or authorized city assessor present at the meeting. Local assessor information County assessor (or delegate) I authorized city assessor information Does this jurisdiction have a local assessor? DYes No Name Title License no. If yes was the local assessor present? DYes ONo License no. County assessor (or delegate) I authorized city assessor certificationLocal assessor name B signing below, I certify I was present at the meeting and (please check one):A quorum was present and a training certified member was present; or Other assessment personnel present I took over the meeting and changed it to an open book format because: A quorum was not present, and/orPlease list additional names on back of this form.II A trained member was not present.-_______________________________________________________Name Title County assessor (or delegate) / authorized city assessor signature Board member acknowledges loss of LBAE for this and following assessment year (due to reason checked above), Name Tile Name Title x Section 2— Complete the following information at the end of the (circle one): recessed or adjourned [H Scheduling for Reconvene Meeting (if needed) The LBAE must resolve all issues before the meeting is adjourned. If issues are unresolved, the board should recess until the next meeting. The LBAE must complete and sign a LBAE Certification Form for each reconvene meeting. The date and time for the reconvene meeting must be determined before the initial meeting is recessed. Once the LBAE has adjourned it cannot reconvene. for reconvene meeting a.m. Rev, 2017 DATE: April 17, 2017 TO: Curt Boganey, City Manager FROM: Gary Eitel, Director of Business & Development •' SUBJECT: Agenda Items for the April 17, 2017 Board of Appeal & Equalization Meeting Agenda Item # 3 Local Board of Appeal & Equalization (LBAE) Certification Form Attached for your reference is a copy of the Certification Form that is required by the State to be completed at the initial meeting of the Local Board of Appeal and Equalization and any subsequent reconvening of this meeting. Mayor Willson and Council Member Ryan have previously completed the training required under Minnesota Statute 274.014 and have the necessary certification for this year's meeting. The County Assessor's Office will have this form available at the meeting for the signatures of all Board Members present. Agenda Item # 4 Questions Regarding the Local Board of Appeal & Equalization Duties The Minnesota Department of Revenue states that the purpose of the Local Board is to provide a fair and objective forum for property owners to appeal their valuation or classification and that the goal of the Board of Appeal and Equalization should be to address property owner's issues efficiently, fairly and objectively. The Department of Revenue also requests that Local Boards keep in mind the following: • that any changes made by them must be substantiated by facts, • that any value reductions must be justified because they have the effect of shifting the tax burden to other property in the jurisdiction, and • that any changes made by the board must meet statutory guidelines. The following members of the Hennepin County Assessor's Office will be present to answer questions and assist in this year's Local Board Meetings: Josh Hoogland, Residential Appraisal Manager Joshua Whitney, Appraiser Kelly Jacobsson, Appraiser Brett Hall, Commercial Appraiser Enclosed is a report prepared by Josh Whitney, Appraiser, which provides a summary of the 2017 Assessment, outlines the Local Board of Review Process, and the following resource information: - Information from the Minnesota Property Tax Administrator's Manual (Assessment Review, Appeals/Equalization and Correction); - Minnesota Revenue Dept. Property Tax Fact Sheets ( How the Assessor Estimates Your Market Value and How to Appeal Your Value and Classification); - 2016 Annual Report on the Twin Cities Housing Market (Median Prices - Around the Metro) 2012 thru 2016; and - Sales information on the different types of residential home styles (ramblers, expansion+, split level/split entry, townhomes, and condo's) Agenda Item # 5 Appearances by Taxpayers with Appointments At the time, there are no taxpayers with appointments scheduled for this meeting. Agenda Item #6 Appearances by Taxpayers without an Appointment The following format is recommended for each walk- in appeal: • Please State owner (s) name and address • Owner (s) statement of estimated market value or classification and presentation of factual information regarding the property • Questions addressed to the Owner (s) • Questions addressed to the Assessor • A recommendation to refer the appeal to the Assessor's Office for an interior review of the property and the preparation of an Assessor's report for consideration at the Local Board Reconvene Meeting scheduled for May 1 2017. Written recommendations and motions for each of the property valuation adjustments will be provided for the Board's consideration at the Reconvening Meeting scheduled for May 1, 2017. Agenda Item # 7 Consideration of Written Appeals The following written appeals were received within the 10 day period prior to the Board Meeting. a) D G Sannes & D K Swanson, 7006 Willow Lane N. (PID # 25-119-21-44-0005) Assessor Comments: Attached for your reference is the Assessor's property data sheet for this property; comments on the interior inspection; and reference to a completed sales comparison grid which supported the recommended reduction in the 2017 assessed value from $439,000 to $393,000. The Assessor and the Homeowners have come to an agreement upon the assessor's stated recommendation. Attached is an email from the property owner confirming the acceptance of the reduced 2017 assessed valuation. Assessor's recommendation: A reduction in the property value from $439,000 to $393,000. b) Konstantin Ginzburg, 5724 Logan Ave. N. (PID # 02-118-21-14-0105) Assessor's Comments: Attached for your reference is the Assessor's property data sheet for this property; comments on the interior inspection; and reference to additional depreciation of the structure which resulted in the recommended reduction in the 2017 assessed value from $107,000 to $91,000. The Assessor and property owner have come to an agreement upon the assessor's stated recommendation. Attached is an email from the property owner confirming the acceptance of the reduced 2017 assessed valuation. Assessor's recommendation: A reduction in the property value from $107,000 to $91,000. C) Konstantin Ginzburg, 5728 Logan Ave. N. (PID # 02-118-21-14-0104) Assessor's Comments: Attached for your reference is the Assessor's property data sheet for this property and comments on the interior inspection, referencing deferred maintenance and the condition of floors, windows, siding, and roof which resulted in the recommended reduction in the 2017 assessed value from $101,000 to $80,000. The Assessor and property owner have come to an agreement upon the assessor's stated recommendation. Attached is an email from the property owner confirming the acceptance of the reduced 2017 assessed valuation. Assessor's recommendation: A reduction in the property value from $101,000 to $80,000. d) Madeline Rose Nolan, 5508 Morgan Ave N. (PID # 02-118-21-42-0116) Assessor's Comments: Attached for your reference is the Assessor's property data sheet for this property and comments on the interior inspection, referencing the home was mostly in the original condition and the need for an effective age change, which resulted in the recommended reduction in the 2017 assessed value from $171,000 to $159,000. The Assessor and property owner have come to an agreement upon the assessor's stated recommendation. Attached is an email from the property owner confirming the acceptance of the reduced 2017 assessed valuation. Assessor's recommendation: A reduction in the property value from $171,000 to $159,000. e) Amy Juntunen, 4907 Wingard Place (PID # 28-119-21-42-0032) Assessor's Comment: An appointment for an interior inspection is scheduled for Friday, April 14th A report and recommendation will be prepared for the Board's consideration at the May 1, 2017 Reconvening Meeting. 1) Diana O'Connor, 711 69 1h Ave. N. (PID # 36-119-21-21-0119) Assessor's Comments: An interior inspection has been completed and the Assessor is waiting for review the report with property owner. A report and recommendation will be prepared for the Board's consideration at the May 1, 2017 Reconvening Meeting Agenda Item # 8 Reconvene Meeting Date (May 1, 2017, 6:00 p.m.) The recommended action of the Local Board on this item is a motion to accept no more appeals and to confirm May 1, 2017, 6:00 p.m. as the date for the Local Board of Appeal and Equalization Reconvene Meeting. Agenda Item # 9 Recess The Local Board will recess until May 1, 2017, to complete the review process of the properties that had been identified at this meeting. Recommended motion: to recess the Local Board of Appeal and Equalization to May 1, 2017 at 6:00 p.m. NAME: D G SANNES & D K SWANSON ADDRESS: 7006 WILLOW LAN PID #: 25-119-21-44-0005 Sale Date: 04/1992 Sale Price: $190,000 Style/Story Height: Split Entry Age: 1967 Ground Floor Area: 1488 Sq. Ft. Above Grade Area: 1488 Sq. Ft. Bsmt. Area: 100% Finished Bsmt Area: 80 % Central Air: YES Walkout: YES # of Bedrooms: Baths: Deluxe: I Full: 0 3/4: 1 1/2: 1 # of Fireplaces: 3 Porches: Glazed: 0 Open: 64 Screened: 0 Deck: 96 Garage 1: 660 Sq.Ft. Type: ATTACHED Lot Size: 17793 Sq. Ft. Acres: 0.41 Garage 2: Sq.Ft. Type: NONE Actual Frnt: 89 ft. Effective Frnt: Oft. Comments: Interior inspection found characteristic changes needed to be changed that included the quality of the building, kitchen, baths, basement finished space along with effective age. Completed a sales comparison grid as support. Owner emailed approval. PREVIOUS ASSESSMENT CURRENT ASSESSMENT ASSESSORS RECOMMENDATION 2016 Land: $1451000 2017 Land: $145,000 2016 Bldg: $267,000 2017 Bldg: $294,000 2016 Total: $412,000 2017 Total: $439,000 Land: $145,000 Bldg: $248,000 Total: $393,000 Appraiser JOSHUA WHITNEY Date 4/13/2017 U Cr) >,a)'- U),- C¼J •C Ln 0E>. C 0 " C 0 CD ci)0 0 U)E0-c 0 U) U) a)=3 U)> U) L.U) U) U)E U)Ui CDCD C)c) U) U)00 U) CD(N uJ > i-.. a)o *C, = 1 U 0 U)I.-0()U)U)U)(n )1) -¼ C o U) C (n0 0U)—)Cc0 U)ci)CCU) CU)U) _i 0 cD0 coC -o U) IC)U)— Ic) 0) L CDco CD cQ0 N- KONSTATIN GINZBURG ADDRESS: 5724 LOGAN AVE N PID #: 02-118-21-14-0105 Sale Date: 0112012 Sale Price: $45,115 Style/Story Height: Split Entry Age: 1981 Ground Floor Area: 888 Sq. Ft. Above Grade Area: 888 Sq. Ft. Central Air: YES Bsmt. Area: 120% Finished Bsmt Area: 60 % Walkout: YES # of Bedrooms: Baths: Deluxe: 0 Full: 1 3/4: 1 1/2: 0 # of Fireplaces: 0 Porches: Glazed: 0 Open: 0 Screened: 0 Deck: 160 Garage 1: 480 Sq.Ft. Type: TUCK UNDER Lot Size: 3332 Sq. Ft. Acres: 0.08 Garage 2: Sq.Ft. Type: NONE Actual Frnt: 34 ft. Effective Frnt: Oft. Comments: Twin Home, Inspection done home is in original condition and shows deferred maintenance, worn flooring, old roof, siding and windows. This additional depreciation resulted in a value change. Owner emailed the approval. PREVIOUS ASSESSMENT CURRENT ASSESSMENT ASSESSORS RECOMMENDATION 2016 Land: $18,500 2017 Land: $20,000 Land: $20,000 2016 Bldg: $76,000 2017 Bldg: $87,000 Bldg: $71,000 2016 Total: $94,500 2017 Total: $107,000 Total: $91,000 Appraiser: JOSHUA WHITNEY - Date: 4/13/2017 a)> 0 co 00 Ln Ln ro NN U) vm LnN- a) U >- > -a) Co LnC/C CO a) a) -- C'C C',LQVC E0Ua) 0 4-.U 0a)C-a) Co> -c U a) E • a) Co C.;4-J LU Rd -Q LI) Ln• CD.Lf) 0 - >.CO N- 4-' NC/C Ic m- 0 LO .NAME: - KONSTANTINGU\!ZUURG ADDRESS: 5728 LOGAN AVE N PID #: 02-118-2114M104 Sale Date: 0312011 Sale Price: $55,107 Style/Story Height: Split Entry Age: 1981 Ground Floor Area: 888 Sq. Ft. Above Grade Area: 888 Sq. Ft. Bsmt. Area: 120% Finished Bsmt Area: 60 % Central Air: YES Walkout: YES # of Bedrooms: Baths: Deluxe: 0 Full: 1 3/4: 1 1/2: 0 # of Fireplaces: 0 Porches: Glazed: 0 Open: 0 Screened: 0 Deck: 100 Garage 1: 480 Sq.Ft. Type: TUCK UNDER Lot Size: 3332 Sq. Ft. Garage 2: Sq.Ft. Type: NONE Actual Frnt: 34 ft. Acres: 0.08 Effective Frnt: Oft. Comments: Twin Home, interior inspection done, found home in original condition,showed signs of deferred maintenance with worn floors, old windows, siding and roof.This side of the building has no basement walkout to rear. Owner sent approval in email. PREVIOUS ASSESSMENT CURRENT ASSESSMENT ASSESSOR'S RECOMMENDATION 2016 Land: $18,500 2017 Land: $20,000 Land: $20,000 2016 Bldg: $70,000 2017 Bldg: $81,000 Bldg: $60,000 2016 Total: $88,500 2017 Total: $101,000 Total: $80,000 Ap praiser: JOSHUA WHITNEY Date: 4/13/2017 0 C z za)>a)> C(0 C 0•)o 00 A 0-JEo00N U NLfl NN CO Ln E C(0-z 00a)0>000H!.rN 01 Lfl (I,CO 0 >2NNa)U C->>--a) (0 0a)-C0 cu Ln a)0 a) E0Ua) (I,C 4-,U a) a) CO> iCOLLñV - w LU -1 00 Ln 0M • 0Lfl CO N-C: (I'co C rnC 0 1.0HN a)> C CO000-J crN U) NAME: MADELINE ROSE NOLAN ETAL ADDRESS: 508 MORGAN AVEN PID V: - 02118.21.420016 Sale Date: 0312014 Sale Price: $112,000 Style/Story Height: Rambler Age: 1955 Ground Floor Area: 1388 Sq. Ft. Above Grade Area: 1388 Sq. Ft. Central Air: YES Bsmt. Area: 80% Finished Bsmt Area: 70 % Walkout: YES # of Bedrooms: Baths: Deluxe: I Full: 0 3/4: 1 1/2: 0 # of Fireplaces: 2 Porches: Glazed: 0 Open: 0 Screened: 0 Deck: 0 Garage 1: 336 Sq.Ft. Type: ATTACHED Lot Size: 9576 Sq. Ft. Acres: 0.22 Garage 2: Sq.Ft. Type: NONE Actual Frnt: 76 ft. Effective Frnt: 0 ft. Comments: Inspection made and found home to need an effective age change, home mostly in original condition. Bathroom and basement quality ratings were too high. Owner emailed approval of change in value. PREVIOUS ASSESSMENT CURRENT ASSESSMENT 2016 Land: $35,000 2017 Land: $39,000 2016 Bldg: $114,000 2017 Bldg: $132,000 2016 Total: $149,000 2017 Total: $171,000 raiser: JOSHUA WHITNEY Date: 4/13/2017 ASSESSOR'S RECOMMENDATION Land: $39,000 Bldg: $120,000 Total:$159,000 0 U 0- -Eo0 1 0c# CL (I)a)a) a)- C5 0 Tha)Co0o 0a) LP) o - oo r1 tbNa) E 0 0 0 a)cts a)a) a)a)co cj- o 0 a) ct con -- U C,3 o .,0 a) -'-a)0 0CCc a)oa)o-z a)- A a) .,-cd-Eo a)C,) U o a)— -D a) a)C,)(I)a)to 0C,D 0)UU)-cnU) CI)0a)Q oc\J a)U)a)a)QUDja)a)bn•a)a)z 0)a)•0o,)rn M.-.-t a)U)a)a)--U (Uc çj a)ca)-U 0 ;- a)0(I)-a)cnVa) C -a) : 0Ca)-o C >a)•. C/)a)U) •+- C/) z<>c -a)bOcn 0 o-a)CfJLA CO 'd as CC/) -(T) > -Om 4 -CL a).E c E -b -c 0 C:4 a)to a)9.•U a)•_)- o --N 0 -o Q a). 0 a) o -(U a)- U a)a)0(••0'a)a)a) C,)0a)0 - CISCm0U-• ,a)a)o -- CL 0>>-Q0crj 0cCd C >o _ CC - 0 0 2-- a)a) C2 • _ -d 0 0 0C u 0r-1 d0C/)U)0LW>E car E.__a)+ ..G)0 •.EG)04-•o•••-I--Ci ci L1LII-V <II-I)--,ILO •)C,) a) LU Hennepin COLrJ As esso parcmait A-2103 Government Center www.co.hennepin.mn.us 300 South Sixth Street Minneapolis, MN 55487-0213 To: City of Brooklyn Center, Mayor and Council From: Josh Whitney, Appraiser Date: March 1, 2017 Re: 2017 Assessment and Board of Appeal and Equalization The 2017 Brooklyn Center Local Board of Appeal and Equalization is scheduled for Monday April 17th In preparation for the upcoming Board of Appeal and Equalization, please find the enclosed data to help you. There is market data, local board procedures, an alternate method of appeal and sales photos with characteristics from a sample of sales throughout the city. Annual Revaluation, Sales, and New Construction Reviews Each year, one fifth of the properties in the city are reviewed and the records are updated. A map of the 2017 revaluation area, as well as the areas to be reviewed over the next few years is included. The viewing, review, and statistical analysis of all sales that sold from October 1, 2015 through September 30, 2016 in the City of Brooklyn Center were made. Adjustments to all commercial and industrial properties are based on market and income valuation procedures. Summary of the 2017 Assessment 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 +10.8% Commercial +2.9% Industrial +5.6% Apartments +10.5% Townhouses + 17.7% Duplex +11.5% Condos +6.2% There are 8,605 taxable parcels in the city with a total market value of approximately $2,035,119,200. This value includes $12,003,000 in new construction improvements. The overall gross value increase for all property types including improvements in the city of Brooklyn Center is +9.14%. The Local Board of Appeal and Equalization Process Value notices will be mailed at the beginning of March. Taxpayers with value or classification concerns should contact the assessor's office. During the initial conversation the property owner may discuss their concerns and review sales information with an appraiser. The majority of the callers are satisfied after a conversation with an appraiser. If additional attention is necessary the appraiser will review the property. The board has the authority to increase, decrease, or take no action on individual valuations. The total reduction must not reduce the aggregate assessment by more than one percent or none of the adjustments will be allowed. The board also, cannot increase or decrease by a percentage of all assessments in a district by class. If the board chooses to reconvene it must do so within 20 days. A majority of the board members are required to attend all local board meetings. Enclosed are additional duties and information for local boards as provided by the Minnesota Property Tax Administrators Manual, which is prepared by the Minnesota Department of Revenue Property Tax Division. In order for a 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 12, 2017. All requests for appointments at the County Board must be received before May 17, 2017. To make an appointment, taxpayers should call 612-348-7050. If you have any questions or concerns, please contact Josh Whitney at 612-715-6181. rii iiir [.] 4 rrzn ri rrir March 11, 2014 The purpose of this document is to review the reasons that the market conditions adjustments in sales ratio studies are considered, discuss calculating time trends [TCALC], apply the time trend to the sales in the study period [MCAP], and list additional resources. Market Conditions While the market conditions adjustment is sometimes referred to as a "time" adjustment, time is not the cause for the adjustment. Over time, changes in interest rates, supply and demand, employment rates, availability of financing, and other factors can create conditions in the market that must be adjusted. Purpose As stated in MS 272.03, subdivision 8, "Market value' means the usual selling price at the place where the property to which the term is applied shall be at the time of assessment ... and, As stated in MS 273.01, All real property subject to taxation shall be listed ... with reference to their value on Jon uary2 Simply put, the assessor is to value all property on January 2d at the value it would sell considering all market conditions. Assessors value all properties using mass appraisal techniques and one of the measurements of mass appraisal are the numerous statistics derived from sales ratio studies. Sales ratio studies can be of any duration of time but the 12 month State Board ratio is considered the most important in setting and analyzing the annual assessment. In Hennepin County, all of our assessment measurements are set to reflect the State Board 12 month sales ratio. With sales occurring throughout the 12 month study period and the estimated market value being set according to the current market conditions as of January 2', by using a market conditions or "time" factor to adjust the sale price to the date of the assessment will reflect any changes in the market. Market conditions adjusted sales prices are also necessary to reduce the distortion that the market can have on ratios and other statistics. Using market conditions adjustments is not only using generally accepted appraisal principals, but the IAAO identifies a "time" adjustment as a necessary component of any sales ratio study and MS 270.12 subd 2 requires the DOR to follow the standards set by the IAAO. For the 2012 assessment the DOR instituted the market conditions adjusted sales ratio methodology for calculating State Board sales ratios for a number of reasons: o MS 278.05 (4) states that sales must be adjusted to reflect the difference in date of sale compared to the assessment date o Tax Court ratios already are adjusted for market conditions o 21 month state aid ratios already are adjusted for market conditions o Generally accepted appraisal principals indicate that in the sales comparison approach one of the first adjustments considered is for market conditions o IAAO standards indentify that time adjustments are necessary for accurate ratio studies o The DOR by statute, must follow IAAO guidelines whenever practical Market Conditions Adjustment for Sales Ratio Studies Page 1 TCALC The market conditions adjustment is determined through a time trend calculator or TCALC. The TCALC is determined by the sales from a 21 month time period that starts 24 months prior to the assessment year under study. For the 2014 assessment, sates from January 2012 through September 2013 are used in the analysis of market conditions. If the jurisdiction has an adequate sample of 30 or more sates and the confidence level of the data is greater than 90% then a time adjustment is applied to the sales in the 12 month State Board study period. These sales are adjusted to the assessment date under study, in this case January 2, 2014. MCAP After the sales are adjusted for market conditions with the appropriate TCALC to determine the market condition adjusted price or MCAP. The MCAP is the adjusted sales price that is used in all sates ratios. What happens if the TCALC is Zero? Several situations can occur to result in a TCALC of zero. The market could be flat with no market condition changes, the confidence level is less than 90.0%, not an adequate sample, and others. Hennepin County will continue to review assessments based on the preferred MCAP sales ratio analysis and the former method of measuring the direct ratio with growth. The Ideal Assessment The ideal assessment would be when the median and mean sales ratio by property type and residential umbrella for both the direct sales ratio analysis and the MCAP sales ratio analysis are at 95.0% All median sales ratios must be within the DOR specifications of 90.0% and 105.0%. An assessment with a MCAP median ratio less than 90.0% or greater than 105.0% would NOT meet standards and would be subject to State Board changes. In addition to median ratios, additional review of other statistical measures including COD and PRD must also be considered. In Conclusion Our assessment model has always been to consider the sales in the study period, these may now be adjusted for market conditions. We also consider sales that have closed after the study period, current pending sales, and active listings to arrive at our current assessed values. The larger the range between the TCALC and the property type growth, the larger the range between the median MCAP sales ratio and the median direct sales ratio. This will result in some properties having direct ratios higher than their recent sales price. This is nothing newt At the parcel level when you are question on a value it is still all about sales, sales, and sales. What data do you have to support the value of the property for 2014, it is not about the change in value from the year before, it is not about what value the CAMA system reported, it is only about what that property would sell for on January 2, 2104 and what is your support! Good customer service would include verifying that our physical attributes on file are correct, perform a sales comparison grid with appropriate time adjustment, follow generally accepted appraisal principals, and continue to educate that with constantly changing markets, assessed values can be higher or lower than past sales. Market Conditions Adjustment for Sales Ratio Studies Page 2 With the MCAP Sales Ratios What has changed? o State Board ratios will be based on current assessment • Assessments will be current with no lag in market trends • Al! sales have equal weight in median ratio calculations • Sales are no longer lost in unique submarkets • All sales ratios will be in alignment - State Board and Tax Court and 21 month Schools Aids • Consistent with IAAO standards • Consistent with appraisal principals • Higher quality assessments • More equalized assessments. Resources DOR Fact Sheets Property Tax Administrators Manual PACE Course Module 6—Time Adjustments for Sales Ratios IAAO - Standard on Ratio Studies - April 2013 Minnesota Statutes Market Conditions Adjustment for Sales Ratio Studies Page 3 0LL ? Sn 2 • — —— .-!CDcJ r7 rp'r (D ILU C-) -EUJci) •< J •' CT -'-, (co .c CL -- - az( u3 -----------------'.•WO d U))j) 0 U) U) .4 z4)I L IPI .-Lr)() N—O a - ---- - E 0 -. C) C C) • Cl)—CN -•-- (N (N (N (N -•- - - - 0 - (N CU) ')J •i:; U C - - () C C C C C CD - -- - (N (N (N (N (N Cl)I!LTIJLI!ILI LE 7 '- • \IU0 d\[Z',VVl PLOflL1€C ua4e GAS pajee www.revenue.state.mn.us [s1TITtIiI**i*]d i IiiM .1' ii1TIflffI&Tfl rir Property Tax Fact Sheet 2 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. 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 "aims-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: o To estimate a property's 2016 market value, the assessor reviews property sales from October 1, 2014, to September 30, 2015. Property owners may appeal their market value and classification. This process occurs from April 1, 2016, to June 30, 2016. Property values and classifications become final on July 1, 2016. These values are used to determine taxes for 2017. 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 exclusions that apply. For example, many home- owners have a Homestead Market Value Exclu- sion, 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. Property Tax Division - Mail Station 3340 St. Paul, MN 55146-3340 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 other revenue notices. Alternative for- mats available upon request. Revised October 2015 Minnesota Revenue, How the Assessor Estimates Your Market Value 1 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 EIV[\7 of a property divided by its actual sales price: Assessor EMV Sales Ratio = 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: $200,000Sales Ratio = $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 assessor must verify the sale was an open-market, arms-length sale. Otherwise it cannot be used in the study. How do H 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: o Refer to: • Fact Sheet 1, Understanding Property Taxes; and • Fact Sheet 3, How to Appeal Your Value and Classification. Go to www.revenue.state.mn.us and type property tax fact sheets into the Search box. o Contact your County Assessor. Minnesota Revenue, How the Assessor Estimates Your Market Value 2 UTTa 011101 IN www.revenue.state.mn.us 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. 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: o Verify information about your property, such as its dimensions, age, and condition of its structures. o Review records to determine the market values of similar properties in your neighborhood. o Review sales data to see what similar properties in your area are selling for. o 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, Property Tax Division - Mail Station 3340— St. Paul, MN 55146-3340 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 market value estimate and/or classification if you feel your property is: • Classified improperly • Valued higher or lower than you could sell it for • 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. 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. 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 October 2015 Minnesota Revenue, How to Appeal Your Value and Classification 1 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 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: • A recent appraisal of your property • Real estate listings for similar properties in your area • 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 2015 assessment by April 30, 2016. You can get more information, forms, and in- structions at www.taxcourt. state.nin.us or by calling 651-296-2806. 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: Refer to: • Fact Sheet 1, Understanding Property Taxes and • Fact Sheet 2, How the Assessor Estimates Your Market Value. o Go to www. revenue. state. mn.us and type property tax fact sheets into the Search box. Minnesota Revenue, How to Appeal Your Value and Classification 2 2016 Annual Housing Market Report - Twin Cities Metro Median Pvftes Arotri Rhe Metro MINNEAPOLIS AREA Association of REALTORS Change Change20122013201420152016From 2015 From 2012 Twin Cities Region $167,900 $192,000 $205,600 $220,000 $232,000 + 5.5%+38.2% Afton $275,000 $409,500 $412,375 $435,000 $452,500 +4.0%+64.5% Albertville $149,950 $178,900 $179,900 $210,000 $224,950 +7.1%+50.0% Andover $205,000 $227,491 $236,700 $247,500 $268,000 +8.3%+30.7% Annandale $169,500 $159,000 $172,221 $204,450 $205,000 +0.3%+20.9% Anoka $122,900 $146,950 $166,000 $178,950 $195,000 +9.0%+58.7% Apple Valley $175,000 $195,000 $213,000 $224,900 $229,900 +2.2%+31.4% Arden Hills $325,000 $300,300 $252,000 $282,000 $299,000 +6.0%-8.0% Bayport $184,500 $200,000 $237,450 $207,000 $233,250 +12.7%+26.4% Becker $149,375 $155,900 $169,900 $183,900 $193,500 +5.2%+29.5% Belle Plaine $144,500 $159,000 $187,700 $193,250 $207,050 +7.1%+43.3% Bethel $115,950 $135,000 $115,000 $158,185 $199,450 +26.1%+72.0% Big Lake $134,900 $154,500 $169,900 $178,000 $200,000 + 12.4%+48.3% Birchwood Village $227,900 $287,375 $340,000 $260,000 $289,000 +11.2%+26.8% Blame $175,000 $199,200 $218,665 $220,000 $230,000 +4.5%+31.4% Bloomington $171,000 $193,100 $201,000 $218,000 $232,000 4-6.4%+35.7% Bloomington - East $145,300 $169,000 $182,000 $198,250 $210,000 +5.9%+44.5% Bloomington - West $191,000 $215,000 $225,000 $235,000 $250,000 +6.4%+30.9% Brainerd MSA $155,000 $161,000 $165,000 $170,000 $182,000 +7.1%+17.4% Brooklyn Center $95,000 $122,000 $139,950 $154,900 $165,000 +6.5%+73.7% Brooklyn Park $146,000 $167,000 $174,900 $194,000 $214,400 + 10.5%+46.8% Buffalo $141,000 $171,810 $175,000 $200,000 $204,900 +2.5%+45.3% Burnsville $165,300 $185,000 $209,500 $222,000 $234,950 +5.8%+42.1% Cambridge $101,300 $127,000 $148,250 $163,500 $169,900 +3.9%+67.7% Cannon Falls $145,000 $177,500 $166,100 $193,000 $205,000 +6.2%+41.4% Carver $245,000 $282,500 $270,000 $277,750 $296,090 +6.6%+20.9% Centerville $180,000 $189,950 $197,500 $223,000 $235,000 +5.4%+30.6% Champlin $159,400 $182,500 $193,950 $205,000 $224,000 +9.3%+40.5% Chanhassen $280,500 $305,000 $318,838 $325,000 $336,950 +3.7%+20.1% Chaska $207,500 $252,000 $235,000 $255,000 $272,000 +6.7%+31.1% Chisago $168,500 $199,850 $201,500 $235,000 $250,000 +6.4%+48.4% Circle Pines $139,450 $144,150 $154,000 $162,550 $180,000 + 10.7%+29.1% Clear Lake $152,450 $160,375 $154,500 $185,000 $177,000 -4.3%+16.1% Clearwater $150,000 $160,000 $159,500 $157,500 $190,000 +20.6%+26.7% Coates $0 $0 $0 $161,625 $0 -100.0%-- Cokato $105,000 $129,900 $123,200 $132,450 $159,550 +20.5%+52.0% Cologne $182,550 $181,500 $262,950 $250,000 $240,000 -4.0%+31.5% Columbia Heights $99,950 $132,000 $140,000 $158,125 $173,950 +10.0%+74.0% Columbus $208,500 $202,800 $227,500 $236,300 $263,000 +11.3%+26.1% Coon Rapids $125,105 $150,000 $160,300 $175,000 $190,000 +8.6%+51.9% Corcoran $230,000 $300,000 $312,500 $330,000 $378,000 +14.5%+64.3% Cottage Grove $174,400 $194,000 $209,900 $222,000 $240,000 +8.1%+37.6% C,ystal $127,550 $149,250 $157,500 $172,000 $185,450 +7.8%+45.4% Dayton $191,500 $274,000 $218,250 $328,709 $358,123 +8.9%+87.0% cu1-n[ as ci January 0, 2017. All data from NcrThsIarMLS flapo,l 0 2017 ShoniriyTimu. I 2016 Annual Housing Market Report - Twin Cities Metro M ed ia n Prices = A r o u nd Thin Ieo MINNEAPOLIS AREA Association of REALTORS Change Change2012 2013 2014 2015 2016 From 2015 From 2012 Deephaven $493,250 $518,500 $585,000 $622,500 $592,000 -4.9%+20.0% Delano $205,500 $232,870 $241,250 $275,100 $280,000 +1,8%+36.3% Dellwood $360,000 $507,500 $765,000 $594,215 $532,000 -10.5%+47.8% Eagan $193,990 $220,000 $234,700 $243,274 $259,000 +6.5%+33.5% East Bethel $165,000 $179,900 $198,000 $219,500 $237,000 +8.0%+43.6% Eden Prairie $257,000 $279,294 $300,000 $299,900 $309,000 +3.0%+20.2% Edina $344,000 $350,000 $380,000 $397,000 $436,430 +9.9%+26.9% Elk River $157,000 $172,000 $195,000 $215,500 $230,500 +7.0%+46.8% Elko New Market $215,000 $247,627 $257,520 $264,250 $305,000 +15.4%+41.9% Excelsior $291,500 $409,750 $452,500 $502,500 $494,000 -1.7%+69.5% Falcon Heights $228,706 $238,000 $257,450 $257,000 $288,800 +12.4%+26.3% Faribault $115,000 $135,000 $135,250 $143,450 $158,700 +10.6%+38.0% Farmington $163,000 $192,500 $210,000 $220,000 $229,900 +4.5%+41.0% Forest Lake $185,000 $191,500 $219,900 $225,500 $230,000 +2.0%+24.3% Fridley $126,500 $154,250 $160,000 $175,000 $187,800 +7.3%+48.5% Gem Lake $352,261 $169,450 $563,864 $411,000 $205,000 -50.1%-41.8% Golden Valley $218,500 $246,000 $247,500 $264,900 $290,650 +93%+33.0% Grant $367,500 $415,500 $445,000 $399,900 $410,300 +2.6%+11.6% Greenfield $350,000 $354,000 $486,500 $405,000 $427,965 +5.7%+22.3% Greenwood $675,000 $921,500 $747,500 $965,000 $1,233,450 + 27.8%+82.7% Ham Lake $231,000 $271,600 $289,900 $297,500 $319,000 +7.2%+38.1% Hamburg $111,500 $95,500 $138,000 $119,900 $186,000 +55.1%+66.8% Hammond $121,900 $145,000 $163,000 $160,950 $174,000 +8.1%+42.7% Hampton $138,500 $204,000 $200,000 $233,000 $233,900 +0.4%+68.9% Hanover $211,000 $239,950 $254,313 $266,250 $289,950 +8.9%+37.4% Hastings $142,000 $169,900 $182,250 $196,000 $206,100 +5.2%+45.1% Hilltop $24,500 $34,500 $47,500 $0 $56,000 --+128.6% Hopkins $159,950 $180,500 $182,000 $213,500 $215,000 +0.7%+34.4% Hudson $195,000 $228,500 $233,500 $262,000 $263,000 +0.4%+34.9% Hugo $164,199 $195,000 $180,000 $204,500 $230,700 +12.8%+40.5% Hutchinson $111,750 $125,000 $142,900 $145,000 $147,700 +1.9%+32.2% Independence $387,500 $411,500 $424,950 $525,000 $535,000 +1.9%+38.1% Inver Grove Heights $160,000 $194,950 $180,000 $193,500 $217,000 +12.1%+35.6% Isanti $117,000 $125,000 $149,900 $158,500 $177,900 +12.2%+52.1% Jordan $177,000 $215,000 $209,000 $247,000 $255,000 +3.2%+44.1% Lake Elmo $367,500 $374,900 $428,500 $401,000 $407,070 +1.5%+10.8% Lake Minnetonka Area $340,000 $369,950 $380,000 $395,000 $400,000 +1.3%+17.6% Lake St. Croix Beach $180,000 $139,000 $176,250 $187,250 $220,900 +18.0%+22.7% Lakeland $195,500 $204,990 $223,000 $244,000 $255,000 +4.5%+30.4% Lakeland Shores $270,000 $265,000 $1,500,000 $247,423 $278,500 +12.6%+3.1% Lakeville $226,000 $258,000 $272,000 $299,000 $307,000 +23%+35.8% Lauderdale $171,450 $175,000 $117,750 $175,000 $187,500 +7.1%+9.4% Lexington $136,950 $149,900 $181,920 $172,862 $200,775 +16.1%+46.6% Lilydale $190,000 $200,250 $280,000 $240,000 $212,500 - 11.5%+11.8% Cuiient as ciJanusry C. 2017. All dalu from Nor1hularMLS R ti p ^r 2017 ShowinqThra. I 18 2016 Annual Housing Market Report - Twin Cities Metro 1rcowu the Metro MINNEAPOLIS AREA Association i REALTORS Change Change 2012 2013 2014 2015 2016 From 2015 From 2012 Lindstrom $140,000 $160,025 $179,999 $190,000 $211,814 +11.5%+51.3% Lino Lakes $208,375 $229,900 $243,000 $254,800 $274,200 +7.7%+31.6% Little Canada $175,000 $185,500 $192,593 $206,250 $219,000 +6.2%+25.1% Long Lake $227,500 $231,500 $212,250 $269,950 $247,549 -8.3%+8.8% Lonsdale $145,000 $171,900 $183,000 $211,300 $222,222 +5.2%+53.3% Loretto $130,000 $199,900 $156,900 $256,000 $226,250 - 11.6%+74.0% Mahtomedi $249,900 $245,000 $301,450 $325,000 $306,910 -5.6%+22.8% Maple Grove $219,453 $233,000 $245,500 $245,000 $256,700 +4.8%+17.0% Maple Lake $134,950 $145,000 $167,000 $170,000 $177,500 +4.4% +31.5% Maple Plain $187,450 $178,750 $212,500 $243,900 $253,000 +3.7%+35.0% Maplewood $145,000 $165,000 $182,000 $187,500 $199,500 +6.4%+37.6% Marine on St. Croix $274,450 $320,000 $322,450 $320,000 $376,825 + 17.8%+37.3% Mayer $164,405 $189,900 $190,000 $212,000 $224,950 +6.1%+36.8% Medicine Lake $650,000 $542,000 $465,000 $836,250 $657,500 -21.4%+1.2% Medina $457,985 $521,623 $527,500 $555,047 $537,500 -3.2%+17.4% Mendota $154,500 $287,000 $78,000 $0 $221,000 --+43.0% Mendota Heights $272,000 $282,500 $330,000 $339,649 $360,000 +6.0%+32.4% Miesville $140,000 $231,671 $205,000 $0 $274,000 --+95.7% Minneapolis - (Citywide)$165,000 $189,000 $205,000 $220,000 $230,000 +4.5%+39.4% Minneapolis - Calhoun-Isle $300,000 $327,780 $318,500 $360,000 $343,000 -4.7%+14.3% Minneapolis - Camden $59,700 $76,500 $101,250 $122,000 $137,000 +12.3%+129.5% Minneapolis - Central $220,000 $247,250 $321,000 $260,000 $300,000 +15.4%+36.4% Minneapolis - Longfellow $169,000 $185,200 $196,250 $207,250 $229,449 +10.7%+35.8% Minneapolis - Near North $60,000 $80,500 $101,000 $125,200 $134,000 +7.0%+123.3% Minneapolis - Nokomis $176,500 $199,900 $222,375 $227,000 $245,000 +7.9%+38.8% Minneapolis - Northeast $140,000 $168,755 $179,500 $199,825 $219,350 +9.8%+56.7% Minneapolis - Phillips $88,000 $90,225 $115,000 $141,500 $156,500 +10.6%+77.8% Minneapolis - Powderhorn $116,400 $157,250 $168,000 $185,050 $200,000 +8.1% +71.8% Minneapolis - Southwest $277,000 $306,000 $323,500 $340,000 $350,000 +2.9%+ 26.4% Minneapolis - University $221,000 $232,250 $226,000 $230,000 $255,000 +10.9%+15.4% Minnetonka $255,000 $279,000 $270,000 $300,000 $307,500 +2.5% +20.6% Minnetonka Beach $675,000 $670,000 $1,096,450 $1,487,500 $1,305,000 -12.3%+93.3% Minnetrista $385,000 $435,000 $436,000 $445,500 $456,500 +2.5%+18.6% Monticello $137,095 $156,045 $172,000 $186,000 $199,700 +7.4%+45.7% Montrose $130,357 $149,000 $164,550 $164,450 $186,250 +13.3%+42.9% Mora $86,500 $98,000 $99,750 $122,000 $122,900 +0.7%+42.1% Mound $169,000 $191,000 $202,000 $215,950 $225,000 +4.2%+33.1% Mounds View $139,500 $163,000 $176,000 $187,837 $195,000 +3.8%+39.8% New Brighton $165,000 $171,000 $197,000 $219,900 $241,250 +9.7%+46.2% New Germany $100,000 $142,450 $165,708 $153,610 $144,900 -5.7%+44.9% New Hope $155,000 $173,000 $185,000 $199,000 $220,000 +10.6%+41.9% New Prague $174,000 $195,000 $189,900 $215,000 $250,000 +16.3%+43.7% New Richmond $124,900 $137,850 $155,850 $178,000 $196,000 +10.1%+56.9% New Trier $75,000 $63,700 $0 $137,000 $0 -100.0%-100.0% Current as of January 9. 2017.75 date torn NorthatarMI.S Report 6f)2017 Showinoflrne. 1 19 2016 Annual Housing Market Report - Twin Cities Metro cMedian r1ces = !romui the MINNEAPOLIS AREA Association ci REALTORS Change Change2012 2013 2014 2015 2016 From 2015 From 2012 Newport $98,500 $140,500 $167,000 $157,261 $189,500 +20.5%+92.4% North Branch $123,650 $150,000 $164,900 $175,778 $187,000 +6.4% +51.2% North Oaks $510,000 $625,000 $632,997 $692,844 $650,000 -6.2%+27.5% North Saint Paul $139,900 $150,500 $168,000 $174,000 $196,000 +12.6%+40.1% Northfield $157,500 $183,000 $183,000 $199,000 $225,950 +13.5%+43.5% Norwood Young America $128,912 $144,000 $157,000 $166,400 $180,000 +8.2%+39.6% Nowthen $209,500 $234,500 $241,000 $305,000 $323,950 +6.2%+54.6% Oak Grove $200,825 $228,920 $243,495 $265,000 $286,000 +7.9%+42.4% Oak Park Heights $134,799 $176,200 $177,000 $202,000 $221,000 +9.4%+63.9% Oakdale $134,950 $164,000 $167,500 $188,900 $210,250 +11.3%+55.8% Orono $377,223 $501,000 $572,000 $542,500 $616,500 +13.6%+63.4% Osseo $153,950 $141,950 $175,000 $174,900 $219,000 +25.2%+42.3% Otsego $163,450 $194,525 $214,950 $218,700 $252,913 +15.6%+54.7% Pine City $105,260 $111,275 $120,000 $126,375 $155,000 +22.7%+47.3% Pine Springs $271,500 $320,000 $377,500 $395,000 $451,500 +14.3%+66.3% Plymouth $275,500 $304,450 $305,000 $320,000 $325,000 +1.6%+18.0% Princeton $105,000 $138,900 $149,000 $163,500 $182,450 +11.6%+73.8% Prior Lake $227,500 $270,100 $281,250 $300,000 $294,500 -1.8%+29.5% Ramsey $153,000 $182,000 $199,900 $216,000 $230,000 +6.5%+50.3% Randolph $139,950 $190,000 $262,500 $208,250 $247,000 +18.6%+76.5% Red Wing $130,000 $133,875 $145,000 $147,950 $162,000 +9.5%+24.6% Richfield $155,000 $174,950 $183,750 $205,000 $221,625 +8.1%+43.0% River Falls $151,000 $168,500 $179,900 $195,000 $204,950 +5.1%+35.7% Robbinsdale $123,499 $140,000 $158,875 $175,000 $185,000 +5.7%+49.8% Rock-ford $154,000 $197,400 $184,535 $195,299 $211,900 +8.5%+37.6% Rogers $236,000 $265,000 $278,950 $293,978 $287,250 -2.3%+21.7% Rosemount $181,000 $215,000 $228,500 $240,000 $260,000 +8.3%+43.6% Roseville $187,450 $197,535 $205,000 $215,050 $225,213 +4.7%+20.1% Rush City $92,000 $122,750 $149,000 $129,500 $155,000 +19.7%+68.5% Saint Anthony $154,950 $179,950 $211,700 $248,435 $240,000 -3.4%+54.9% Saint Bonifacius $189,500 $185,500 $179,000 $220,000 $234,950 +6.8%+24.0% Saint Cloud MSA $135,000 $145,000 $150,000 $155,900 $164,900 +5.8%+22.1% Saint Francis $130,000 $149,900 $159,450 $180,500 $196,500 +8.9%+51.2% Saint Louis Park $198,450 $218,900 $229,950 $239,000 $245,000 +2.5%+23.5% Saint Mary's Point $170,500 $258,800 $347,400 $235,000 $242,050 +3.0%+42.0% Saint Michael $183,000 $198,900 $220,000 $230,000 $255,000 +10.9%+39.3% Saint Paul $120,000 $143,450 $157,000 $168,000 $180,000 +7.1% +50.0% Saint Paul - Battle Creek / Highwood $112,000 $135,050 $146,251 $157,900 $174,250 + 10.4%+55.6% Saint Paul - Como Park $155,000 $177,500 $187,080 $195,000 $205,000 +5.1% +32.3% Saint Paul - Dayton's Bluff $59,000 $93,950 $110,463 $130,000 $137,500 +5.8%+133.1% Saint Paul - Downtown $136,000 $160,000 $172,000 $164,900 $172,000 +4.3%+26.5% Saint Paul - Greater East Side $88,900 $115,500 $129,900 $141,600 $157,000 +10.9%+76.6% Saint Paul - Hamline-Midway $126,350 $149,125 $155,950 $168,299 $177,500 +5.5%+40.5% Saint Paul - Highland Park $229,900 $249,500 $264,000 $271,175 $284,275 +4.8%+23.7% Current as of .Junaar'j 92317. All data from Nisrthnla,MLS. Rpc 2017 Showinglirne. 1 20 2016 Annual Housing Market Report - Twin Cities Metro CPii1c Around the MOra MINNEAPOLIS AREA Association of REALTORS' Change Change 2012 2013 2014 2015 2016 From 2015 From 2012 Saint Paul - Merriam Park / Lexington-Hamline $240,000 $228,950 $249,950 $256,000 $272,750 +6.5%+13.6% Saint Paul - Macalester-Groveland $235,000 $263,500 $277,750 $292,000 $303,500 +3.9% +29.1% Saint Paul - North End $68,550 $89,900 $107,750 $128,500 $139,900 +8,9%+104.1% Saint Paul - Payne-Phalen $80,500 $100,000 $124,900 $134,000 $143,500 +7.1%+78.3% Saint Paul - St. Anthony Park $192,500 $259,500 $239,000 $227,900 $241,700 +6.1%+25.6% Saint Paul - Summit Hill $288,000 $340,000 $344,500 $369,000 $325,000 -11.9%+12.8% Saint Paul - Summit-University $159,900 $170,000 $194,280 $210,000 $218,450 +4.0%+36.6% Saint Paul - Thomas-Dale (Frogtown)$55,000 $80,900 $106,500 $130,000 $140,000 +7.7%+154.5% Saint Paul - West Seventh $121,000 $145,000 $148,250 $169,900 $185,500 +9.2% +53.3% Saint Paul - West Side $90,000 $122,000 $137,000 $150,000 $157,400 +4.9%+74.9% Saint Paul Park $127,750 $145,200 $160,000 $172,200 $185,000 +7.4%+44.8% Savage $208,000 $235,000 $255,000 $255,000 $265,000 +3.9%+27.4% Scandia $247,870 $283,367 $286,250 $298,950 $345,000 +15.4%+39.2% Shakopee $166,750 $194,700 $205,000 $209,000 $222,000 +6.2%+33.1% Shoreview $191,000 $222,750 $223,000 $237,000 $221,250 -6.6%+15.8% Shorewood $414,900 $425,000 $382,500 $417,500 $453,250 +8.6%+9.2% Somerset $119,900 $144,500 $175,000 $179,550 $190,718 +6.2%+59.1% South Haven $153,500 $179,900 $190,750 $217,000 $260,000 +19.8%+69.4% South Saint Paul $112,000 $139,450 $148,000 $165,000 $179,900 +9.0%+60.6% Spring Lake Park $118,000 $141,000 $164,900 $169,950 $170,000 +0.0%+44.1% Spring Park $352,500 $272,500 $446,050 $310,000 $325,000 +4.8%-7.8% Stacy $108,750 $181,750 $201,950 $200,000 $226,000 +13.0%+107.8% Stillwater $216,000 $233,000 $265,000 $256,500 $287,000 +11.9% +32.9% Sunfish Lake $685,000 $819,000 $1,110,000 $900,000 $533,500 -40.7%-22.1% Tonka Bay $797,500 $477,500 $570,000 $444,012 $649,950 +46.4%-18.5% Vadnais Heights $149,900 $167,250 $194,650 $191,950 $214,550 +11.8%+43.1% Vermillion $187,500 $157,500 $220,000 $0 $228,000 --+21.6% Victoria $344,123 $371,500 $369,990 1$403,250 $423,018 +4.9%+22.9% Waconia $205,000 $229,000 $237,000 $250,000 $266,250 +6.5%+29.9% Watertown $153,000 $175,000 $170,450 $204,900 $216,000 +5.4%+41.2% Wayzata $427,500 $359,000 $627,500 $533,000 $525,000 -1.5%+22.8% West Saint Paul $125,700 $143,500 $156,200 $171,000 $183,900 +7.5%+46.3% White Bear Lake $161,950 $178,500 $192,900 $198,500 $215,950 +8.8%+33.3% Willernie $141,500 $128,900 $160,000 $145,767 $165,000 +13.2%+16.6% Woodbury $240,000 $267,500 $284,000 $288,600 $294,500 +2.0%+22.7% Woodland $700,000 $370,000 $3,275,000 $850,000 $695,000 -18.2%-0.7% Wyoming $163,750 $190,000 $209,000 $213,250 $230,450 +8.1% +40.7% Zimmerman $130,000 $150,500 $161,900 $185,000 $206,000 +11.4%+58.5% Zumbrota $168,000 $126,250 $161,950 $167,000 $197,450 +18.2%+17.5% Curort as of Jacuaiy 0. 2017, All data horn NortistariILS. Rapo - 2317 Sliawingflrne. I 21 ^1110-110,lmtillll- V 1111-2--, r Li lop ADDRESS: 5619 KNOX AVE N POD# (22) 02-118-21-41 -0073 Sale Date:Direct Sale Price:MCAP(annuafl:MCAP Sale Price:2017 EMV: $104,0001/2016 $97,485 7.69%$105,252 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 775 Sq.Ft. Basement Area: 0% Age: 1950 Above Grade Area 775 Sq. Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 320 Garage #2 0 Type: Detached Type: Lot Size: 9,975 Sq.Ft Lake/Bay/Rating: 00.00-00 0.23 Acres Effective Frontage: 0 Comments: - ADDRESS: 6812 PERRY AVE N PID#(22)331121-11MO34 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $109,0005/2016 $106,000 $111,558 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 660 Sq.Ft. Basement Area: 0% Age: 1954 Above Grade Area 660 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: Baths - 0 Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 0 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 240.00 Garage #1: 280 Garage #2 0 Type: Detached Type: Lot Size:10,050 Sq.Ft Lake/Bay/Rating: 000000 0.23 Acres Effective Frontage: 0 Comments: - -# -- _ ADDRESS: 5831 HALIFAX AVE N PID# (22) 03118-21240099 Sale Date:Direct Sale Price:MCAPnnual): 7.69% MCAP Sale Price:2017 EMV: $145,0002/2016 $138,000 $148,046 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1054 Sq.Ft. Basement Area: 100% Age: 1955 Above Grade Area 1054 Sq.Ft. Finished Bsmt Area: 10% Fireplaces: 0 Central Air Conditioning: No Baths - Deluxe: 0 Full: 1 3/4: 0 1/2:1 Porches - Glazed: 310.00 Open: 0.00 Screened: 242.00 Deck: 0.00 Garage #1: 308 Garage #2 0 Type: Detached Type: Lot Size: 10,872 Sq.Ft Lake/Bay/Rating: 00-00-00 0.25 Acres Effective Frontage: 0 Comments: ADDRESS: 6040 BRYANT AVE N PID# (22) 011182121-0085 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $156,0008/2016 $158,000 7.69%$163,128 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 986 Sq. Ft. Basement Area: 80% Age: 1952 Above Grade Area 986 Sq. Ft. Finished Bsmt Area: 50°h Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 308 Garage #2 0 Type: Attached Type: Lot Size: 11,291 Sq.Ft Lake/Bay/Rating: 00-00-00 0.26 Acres Effective Frontage: 0 Comments: ADflRSS: 6009 ADMIRAL PL PID# (22) 03-11821210003 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $160,00012/2015 $150,000 $162,988 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1000 Sq. Ft. Basement Area: 100% Age: 1955 Above Grade Area 1000 Sq.Ft. Finished Bsmt Area: 50°h Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:1 3/4:1 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 144.00 Garage #1: 484 Garage #2 0 Type: Attached Type: Lot Size: 10,200 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: •;\ 1 r or ADDRESS: 6443 EMERSON AVE N PJD# (22) 36-119-21-32-0083 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $164,0007/2016 $161,990 7.69%$168,319 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1032 Sq.Ft. Basement Area: 80% Age: 1964 Above Grade Area 1032 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: Baths - 0 Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 576 Garage #2 0 Type: Detached Type: Lot Size:11,407 Sq.Ft Lake/Bay/Rating: 00-00-00 0.26 Acres Effective Frontage: 0 Comments: ,- ADDRESS: 5617 GIRARD AVE N PID# (22) 01-11821-320049 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $165,00011/2015 $157,140 $171,841 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 816 Sq Ft. Basement Area: 90% Age: 1958 Above Grade Area 816 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: Baths- 0 Central Air Conditioning: Yes Deluxe:0 Full:2 3/4:0 1/2:0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 320 Garage #2 0 Type: Attached Type: Lot Size:11,349 Sq.Ft Lake/Bay/Rating: 00-00-00 - 0.26 Acres Effective Frontage: 0 Comments: ADDRESS: 7230 MORGAN AVE N PID# (22) 26-119-21-420014 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $165,00012/2015 $155,000 7.69%$168,421 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1000 Sq. Ft. Basement Area: 100% Age: 1960 Above Grade Area 1000 Sq. Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:1 3/4:0 1/2:0 Porches - Glazed: 176.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 528 Garage #2 0 Type: Detached Type: Lot Size: 9,525 Sq-Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: 'a. ADDRESS: 7200 NEWTON AVE N PID# (22) 2611921-420061 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $167,000712016$163,930 $170,335 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1000 Sq. Ft. Basement Area: 100% Age: 1962 Above Grade Area 1000 Sq.Ft. Finished Bsmt Area: 50% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:1 3/4:0 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 352 Garage #2 0 Type: Detached Type: Lot Size: 9,525 Sq.Ft Lake/Bay/Rating: 00-0000 0.22 Acres Effective Frontage: 0 Comments: WI :- ADDRESS: 2807 64TH AVE N PID# (22) 3511921.32-0063 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $168,00011/2015 $157,440 $172,169 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1067 Sq.Ft. Basement Area: 100% Age: 1959 Above Grade Area 1067 Sq.Ft. Finished Bsmt Area: 70% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 330 Garage #2 0 Type: Attached Type: Lot Size: 9,652 Sq.Ft Lake/Bay/Rating: 0000-00 0.22 Acres Effective Frontage: 0 Comments: \iVJJ I 'TcI I T4TJJ - - - - - - L -- ADDRESS: 7206 ALDRCH CT PID# (22) 25-119-21-31-0041 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $170,0009/2016 $171,000 $175,426 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1039 Sq.Ft. Basement Area: 100% Age: 1964 Above Grade Area 1039 Sq.Ft. Finished Bsmt Area: 70% Fireplaces: 2 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 2 3/4: 0 1/2: 0 Porches - Glazed: 160.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 576 Garage #2 0 Type: Detached Type: Lot Size: 13,360 Sq.Ft Lake/Bay/Rating: 00-00-00 0.31 Acres Effective Frontage: 0 Comments: -----__ii ADDRESS: 6742 FRANCE AVE N PID# (22) 34-11921-12-0077 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $172,00011/2015 $165,000 7.69%$180,436 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1574 Sq. Ft. Basement Area: 100% Age: 1953 Above Grade Area 1574 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 2 3/4: 0 1/2: 0 Porches Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 576 Garage #2 0 Type: Detached Type: Lot Size: 17,455 Sq Ft Lake/Bay/Rating: 00-00-00 0.40 Acres Effective Frontage: 0 Comments: ADDRESS: 4518 66Th AVE N PID# (22) 3411921230014 Sale Date:Direct Sale Price:MCAPnnual):MCAP Sale Price:P 2017 EMV: $175,00011/2015 $160,050 7.69%$175,023 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1130 Sq.Ft. Basement Area: 100% Age: 1959 Above Grade Area 1130 Sq.Ft. Finished Bsmt Area: 70% Fireplaces: 1 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 640 Garage #2 0 Type: Detached Type: Lot Size: 12,150 Sq.Ft Lake/Bay/Rating: 00-00-00 0.28 Acres Effective Frontage: 0 Comments: L - ----- ADDRESS: 2819 NASH RD PID# (22) 35-119-21-33-0039 Sale Date:Direct Sale Price:MCAP(nnual:MCAP Sale Price:2017 EMV: $176,0008/2016 $174,145 7.69%$179,797 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1251 Sq.Ft. Basement Area: 80% Age: 1958 Above Grade Area 1251 Sq. Ft. Finished Bsmt Area: 80% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 480 Garage #2 0 Type: Detached Type: Lot Size: 11,094 Sq.Ft Lake/Bay/Rating: 00-00-00 0.25 Acres Effective Frontage: 0 Comments: j' 3 1PFn1nr ADDRESS: 5101 63RD AVE N PID# (22) 33-119-21-43-0001 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $184,0007/2016 $178,808 7.69%$185,794 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1144 Sq. Ft. Basement Area: 80% Age: 1956 Above Grade Area 1144 Sq. Ft. Finished Bsmt Area: 80% Fireplaces: 2 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 140.00 Screened: 0.00 Deck: 0.00 Garage #1: 352 Garage #2 0 Type: Attached Type: Lot Size: 10,125 Sq.Ft Lake/Bay/Rating: 0000-00 0.23 Acres Effective Frontage: 0 Comments: ADDRESS: 3213 68TH AVE M PIN (22) 34-119-21-11-0079 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $184,0007/2016 $181,344 7.69%$188,429 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1240 Sq.Ft. Basement Area: 100% Age: 1960 Above Grade Area 1240 Sq.Ft. Finished Bsmt Area: 60% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: I Full: 0 3/4: 1 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 279.00 Garage #1: 480 Garage #2 o Type: Tuck Under Type: Lot Size: 8,762 Sq-Ft Lake/Bay/Rating: 00-00-00 0.20 Acres Effective Frontage: 0 Comments: I' ADDRESS: 6240 BRYANT AVE N PID# (22) 3611921340078 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $185,00012/2015 $177,510 7.69%$192,880 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Age: 1961 Ground Floor Area: 1093 Sq.Ft.Above Grade Area 1093 Sq.Ft. Basement Area: 100%Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: I Full: 1 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Screened: 0.00 Open: 0.00 Deck: 224.00 Garage #1: 312 Type: Attached Garage #2 0 Type: Lot Size: 9,525 Sq.Ft 0.22 Acres Lake/Bay/Rating: oo-oo-oo Effective Frontage: 0 Comments: • - -. 'J1•• --•• __________- 0. ADDRESS: 5206 WINCHESTER LA PIfl# (22) 33-119-21 -1 3-0022 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $187,0005/2016 $185,000 $194,700 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1278 Sq.Ft. Basement Area: 70% Age: 1958 Above Grade Area 1278 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: i Central Air Conditioning: Yes Baths - Deluxe: I Full: 0 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 170.00 Deck: 94.00 Garage #1: 550 Garage #2 o Type: Detached Type: Lot Size: 9,440 Sq.Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: ADDRESS: 7042 EMERSON AVE N PID# (22) 2511921330025 Sale Date:Direct Sale Price:MCAP(annuafl:MCAP Sale Price:2017 EMV: $188,0009/2016 $192,060 7.69%$197,031 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1190 Sq.Ft. Basement Area: 90% Age: 1963 Above Grade Area 1190 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 36.00 Garage #1: 920 Garage #2 0 Type: Detached Type: Lot Size: 10,000 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: '- - - - ADDRESS: 7013 IIRVNG AVE N PIN (22) 26-119-21-4A-0046 Sale Date:Direct Sale Price:MCAP(nnuaI):MCAP Sale Price:2017 EMV: $192,00011/2015 $184,300 7.69%$201,541 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1419 Sq.Ft. Basement Area: 100% Age: 1970 Above Grade Area 1419 Sq.Ft. Finished Bsmt Area: 90% Fireplaces: I Central Air Conditioning: Yes Baths Deluxe: 0 Full: 1 3/4: 1 1/2:1 Porches - Glazed: 0.00 Open: 0.00 Screened: 182.00 Deck: 0.00 Garage #1: 483 Garage #2 0 Type: Attached Type: Lot Size: 11,712 Sq.Ft Lake/Bay/Rating: 00-00-00 0.27 Acres Effective Frontage: 0 Comments: ADDRESS: 3607 URBAN AVE N PID# (22) 27-11921-43-0098 Sale Date:Direct Sale Price:MCAP(annual): 7.69% MCAP Sale Price:2017 EMV: $196,000112016$194,930 $210,460 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1276 Sq.Ft. Basement Area: 80% Age: 1959 Above Grade Area 1276 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:2 3/4:1 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 64.00 Garage #1: 483 Garage #2 512 Type: Detached Type: Detached Lot Size: 9,525 Sq.Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: ADDRESS: 6801 QUAIL AVE N PID# (22) 33-11921-11O072 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $210,000712016$202,000 7.69%$209,892 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1304 Sq. Ft. Basement Area: 100% Age: 1958 Above Grade Area 1304 Sq.Ft. Finished Bsmt Area: 60% Fireplaces: I Central Air Conditioning: Yes Baths- Deluxe:O Full:1 3/4:1 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 360.00 Garage #1: 680 Garage #2 0 Type: Detached Type: Lot Size: 12,577 Sq.Ft Lake/Bay/Rating: 00-00-00 0.29 Acres Effective Frontage: 0 Comments: ADDRESS: 3507 53RD PL N PIN (22) 03-1 18-21 -43-0076 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $213,0006/2016 $209,035 7.69%$218,594 Previous Sale:Sale Date:Sale Price: Style and Story Height: 1 Story Ground Floor Area: 1322 Sq.Ft. Basement Area: 80% Age: 1955 Above Grade Area 1322 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: Baths - 0 Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 400 Garage #2 0 Type: Attached Type: Lot Size:15,246 Sq.Ft Lake/Bay/Rating: 00-00-00 0.35 Acres Effective Frontage: 0 Comments: INI \jI A __ - -' •.rtl.-! ._._. --::.' - - -: - ADDRESS: 4040 LAKESIDE AVE N PID# (22) 1011821-32-0001 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $243,000612016$244,925 7.69%$256,125 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1903 Sq.Ft. Basement Area: 100% Age: 1962 Above Grade Area 1903 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 3 Central Air Conditioning: Yes Baths- Deluxe:O Full:2 3/4:1 1/2:0 Porches - Glazed: 0.00 Open: 88.00 Screened: 0.00 Deck: 160.00 Garage #1: 480 Garage #2 0 Type: Attached Type: Lot Size: 27,222 Sq.Ft Lake/Bay/Rating: 00-00-00 0.62 Acres Effective Frontage: 0 Comments: ADDRESS: 4945 ZENITH AVE N PID# (22) 10-118-21-14-0030 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $247,0008/2016 $250,000 $258,114 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1130 Sq.Ft. Basement Area: 100% Age: 2007 Above Grade Area 1130 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 368.00 Garage #1: 484 Garage #2 0 Type: Attached Type: Lot Size: 6,750 Sq.Ft Lake/Bay/Rating: 00-00-00 0.15 Acres Effective Frontage: 50 Comments: ADDRESS: 5328 LOGAN AVE N PD# (22) 0211821440075 Sale Date:Direct Sale Price:MCAP(nnuafl:1 7.69% MCAP Sale Price:2017 EMV: $123,0002/2016 $119,900 $128,628 Previous Sale:Sale Date:Sale Price: Style and Story Height: 1 1/2 Story Ground Floor Area: 735 Sq.Ft. Basement Area: 100% Age: 1951 Above Grade Area 975 Sq. Ft. Finished Bsmt Area: 0% Fireplaces: Baths - o Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 0 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 160.00 Garage #1: 576 Garage #2 o Type: Detached Type: Lot Size:5,952 Sq.Ft Lake/Bay/Rating: 00-00-00 0.14 Acres Effective Frontage: 0 Comments: I I •: ': IM I . C. It , ft^- p ADDRESS: 5530 GRARD AVE N Pfl# (22) 01-11821320034 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $129,000412016$129,500 7.69%$137,163 Previous Sale: Sale Date:Sale Price: Style and Story Height: 1 1/2 Story Ground Floor Area: 758 Sq. Ft. Basement Area: 100% Age: 1941 Above Grade Area 1118 Sq.Ft. Finished Bsmt Area: 50% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 420 Garage #2 0 Type: Detached Type: Lot Size: 9,596 Sq.Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: ADDRESS: 5801 COLFAXAVIE N PIN (22) 0111821240024 Sale Date:Direct Sale Price:MCAP(annual): 7.69% MCAP Sale Price:2017 EMV: $132,0006/2016 $125,000 $130,716 Previous Sale: Sale Date:Sale Price: Style and Story Height: 1 114 Story Ground Floor Area: 672 Sq. Ft. Basement Area: 100% Age: 1922 Above Grade Area 1056 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 204.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 400 Garage #2 0 Type: Detached Type: Lot Size: 10,102 Sq.Ft Lake/Bay/Rating: 000000 0.23 Acres Effective Frontage: 0 Comments: ADDRESS: 6114 DUPONT AVE N PID# (22) 36-119-2134-0036 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price: 2017 EMV: $137,0006/2016 $133,900 $140,023 Previous Sale: Sale Date:Sale Price: Style and Story Height: 1 1/4 Story Ground Floor Area: 832 Sq. Ft. Basement Area: 100% Age: 1954 Above Grade Area 1184 Sq. Ft. Finished Bsmt Area: 0% Fireplaces: I Central Air Conditioning: No Baths- Deluxe:0 Full:1 3/4:0 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 470.00 Garage #1: 280 Garage #2 0 Type: Detached Type: Lot Size: 10,452 Sq.Ft Lake/Bay/Rating: 00-00-00 0.24 Acres Effective Frontage: 0 Comments: ADDRESS: 2926 53RD AVE N PID# (22) 02-118-21-33-0019 Sale Date: Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $156,00010/2015 $150,540 $165,678 Previous Sale: Sale Date:Sale Price: Style and Story Height: 1 1/2 Story Ground Floor Area: 814 Sq. Ft. Basement Area: 100% Age: 1949 Above Grade Area 1134 Sq. Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: No Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 352 Garage #2 0 Type: Detached Type: Lot Size: 10,015 Sq-Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: fI \,!VA 1L TIM_ _'Li IT ADDRESS: 6122 BRYANT AVE N PID# (22) 36-119-21-34-0013 Sale Date:Direct Sale Price:MCAP(nnuafl: 7.69°I MCAP Sale Price:2017 EMV: $185,0004/2016 $186,240 $197,261 Previous Sale: Sale Date:Sale Price: Style and Story Height: 1 112 Story Ground Floor Area: 1072 Sq.Ft. Basement Area: 100% Age: 1953 Above Grade Area 1392 Sq.Ft. Finished Bsmt Area: 40% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 650 Garage #2 0 Type: Detached Type: Lot Size: 10,452 Sq-Ft Lake/Bay/Rating: 00-00-00 0.24 Acres Effective Frontage: 0 Comments: Split Levels B •i1 ADDRESS: 5509 GIRARD AVE N PID# (22) 01-118-21-32-0058 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $154,0003/2016 $150,350 7.69%$160,268 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 994 Sq. Ft. Basement Area: 100% Age: 1977 Above Grade Area 994 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 120.00 Garage 41: 528 Garage #2 0 Type: Attached Type: Lot Size: 13,496 Sq.Ft Lake/Bay/Rating: 00-00-00 0.31 Acres Effective Frontage: 0 Comments: ADDRESS: 3000 QUARLES RD PIN (22) 34-119-21 -14 -0083 Sale Date:Direct Sale Price:MCAP(nnua[):MCAP Sale Price:2017 EMV: $156,0001212015$145,500 7.69%$158,099 Previous Sale: Sale Date: 12/2015 Sale Price: 113,000 Style and Story Height: I Story Split Level Ground Floor Area: 1056 Sq.Ft. Basement Area: 100% Age: 1960 Above Grade Area 1056 Sq.Ft. Finished Bsmt Area: 50% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2:1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 336.00 Garage #1: 308 Garage #2 0 Type: Tuck Under Type: Lot Size: 11,445 Sq.Ft Lake/Bay/Rating: 00-00-00 0.26 Acres Effective Frontage: 0 Comments: ADDRESS: 5305 LOGAN AVE N PDD# (22) 02-118-21-43-0041 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $158,000912016$157,140 7.69%$161,207 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 955 Sq Ft. Basement Area: 100% Age: 1985 Above Grade Area 955 Sq. Ft. Finished Bsmt Area: 90% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 112: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 506 Garage #2 0 Type: Detached Type: Lot Size: 6,100 Sq.Ft Lake/Bay/Rating: 00-00-00 0.14 Acres Effective Frontage: 0 Comments: •\. ': ADDRESS: 6431 JUNE AVE N P!D# (22) 34-119-21 -32-0094 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $162,0005/2016 I $164,900 7.69%$173,546 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1012 Sq.Ft. Basement Area: 60% Age: 1957 Above Grade Area 1012 Sq. Ft. Finished Bsmt Area: 90% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 0 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 480 Garage #2 0 Type: Detached Type: Lot Size: 10,050 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: L fr • -* - .• Ikii iflt9 soil- ADDRESS: 2907 OHENRY RD PIN (22) 3511921320096 Sale Date:Direct Sale Price:MCAP(annual): 7.69% MCAP Sale Price:2017 EMV: $164,0004/2016 $159,565 $169,007 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 916 Sq.Ft. Basement Area: 100% Age: 1958 Above Grade Area 916 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: I Central Air Conditioning: No Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 80.00 Screened: 0.00 Deck: 0.00 Garage #1: 273 Garage #2 0 Type: Attached Type: Lot Size: 9,829 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: / ADDRESS: 7042 QUAIL AVE N PID# (22) 28-119-21-440032 I Sale Date:Direct Sale Price:MCAP(nnuaI):MCAP Sale Price:2017 EMV: $165,000912016$165,900 7.69%$170,194 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1104 Sq.Ft. Basement Area: 100% Age: 1957 Above Grade Area 1104 Sq.Ft. Finished Bsmt Area: 50% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 144.00 Screened: 0.00 Deck: 0.00 Garage #1: 288 Garage #2 0 Type: Tuck Under Type: Lot Size: 9,937 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: ADDRESS: 6806 ZENITH AVE N PID# (22) 34-119-21-11-0062 Sale Date: Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $168,0005/2016 $168,000 7.69%$176,808 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1100 Sq. Ft. Basement Area: 90% Age: 1960 Above Grade Area 1100 Sq. Ft. Finished Bsmt Area: 70% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:1 3/4:0 1/2:1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 264 Garage #2 0 Type: Tuck Under Type: Lot Size: 9,750 Sq.Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: • '• ADDRESS: 2706 65TH AVE N FID# (22) 351121320009 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $169,00012/2015 $161,664 7.69%$175,662 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1100 Sq.Ft. Basement Area: 50% Age: 1959 Above Grade Area 1100 Sq. Ft. Finished Bsmt Area: 50% Fireplaces: Baths - I Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches -Glazed: 342.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 537 Garage #2 0 Type: Attached Type: Lot Size:10,000 Sq.Ft Lake/Bay/Rating: 0000-00 0.23 Acres Effective Frontage: 0 Comments: -. I - ADDRESS: 6831 EMERSON AVE N PID# (22) 36119-21-220029 Sale Date:Direct Sale Price:MCAP(annual): 7.69% MCAP Sale Price:2017 EMV: $188,0005/2016 $187,100 $196,910 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1104 Sq.Ft. Basement Area: 100% Age: 1965 Above Grade Area 1104 SqFt. Finished Bsmt Area: 70% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 288 Garage #2 720 Type: Tuck Under Type: Detached Lot Size: 10,778 Sq.Ft Lake/Bay/Rating: 00-00-00 0.25 Acres Effective Frontage: 0 Comments: ADDRESS: 3901 ECKBERG DR PID# (22) 03-11821-31-0078 Sale Date:Direct Sale Price:MCAP(nnual): 7.69% MCAP Sale Price:2017 EMV: $198,0009/2016 $216,600 $222,206 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 1092 Sq.Ft. Basement Area: 100% Age: 1975 Above Grade Area 1092 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: Baths- 0 Central Air Conditioning: Yes Deluxe:0 Full:1 3/4:1 1/2:0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 624 Garage #2 0 Type: Attached Type: Lot Size:10,725 Sq.Ft Lake/Bay/Rating: 00-00-00 0.25 Acres Effective Frontage: 0 Comments: 1! ADDRESS: 7238 DALLAS RD PID# (22) 2511921420031 Sale Date:Direct Sale Price:MCAP(nnuafl: 7.69% MCAP Sale Price:2017 EMV: $210,000712016$220,789 $229,416 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 1144 Sq. Ft. Basement Area: 100% Age: 1969 Above Grade Area 1144 Sq.Ft. Finished Bsmt Area: 90% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: I Full: 0 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 190.00 Garage #1: 600 Garage #2 0 Type: Attached Type: Lot Size: 10,723 Sq.Ft Lake/Bay/Rating: 00-0000 0.25 Acres Effective Frontage: 0 Comments: 3i17 •f * 't .1 , -LW - I - ADDRESS: 7119 DALLAS RD PD# (22) 251192142-0017 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $226,0007/2016 $225,000 7.69%$233,791 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 1688 Sq.Ft. Basement Area: 100% Age: 1972 Above Grade Area 1688 Sq.Ft. Finished Bsmt Area: 70% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 1 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 208.00 Garage #1: 528 Garage #2 0 Type: Tuck Under Type: Lot Size: 9,675 Sq.Ft Lake/Bay/Rating: 00-00-00 0.22 Acres Effective Frontage: 0 Comments: ADDRESS: 5324 62ND AVE N PID# (22) 3311921-43-0090 Sale Date:Direct Sale Price:MCAP(annuafl:MCAP Sale Price:2017 EMV: $229,0008/2016 $218,250 7.69%$225,333 Previous Sale: Sale Date: 6/2016 Sale Price: 154,500 Style and Story Height: I Story Split Entry Ground Floor Area: 1254 Sq.Ft. Basement Area: 90% Age: 2002 Above Grade Area 1254 Sq.Ft. Finished Bsmt Area: 70% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: I Full: 1 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 220.00 Garage #1: 638 Garage #2 0 Type: Attached Type: Lot Size: 9,935 Sq.Ft Lake/Bay/Rating: 00-00-00 0.23 Acres Effective Frontage: 0 Comments: ADDRESS: 6742 FRANCE AVE N PD# (22) 34-11921120077 Sale Date:Direct Sale Price:MCAP(annua[):MCAP Sale Price:2017 EMV: $172,00011/2015 $165,000 7.69%$180,436 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1574 Sq.Ft. Basement Area: 100% Age: 1953 Above Grade Area 1574 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:0 Full:2 3/4:0 1/2:0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 576 Garage #2 0 Type: Detached Type: Lot Size: 17,455 Sq.Ft Lake/Bay/Rating: 00-00-00 0.40 Acres Effective Frontage: 0 Comments: 'I ADDRESS: 6811 NOBLE AVE N PIN (22) 3311921110004 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $228,0002/2016 $205,500 7.69%$220,459 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 1240 Sq.Ft. Basement Area: 90% Age: 1967 Above Grade Area 2320 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: I Central Air Conditioning: No Baths - Deluxe: I Full: 2 3/4: 1 1/2: 0 Porches - Glazed: 0.00 Open: 140.00 Screened: 0.00 Deck: 0.00 Garage #1: 480 Garage #2 260 Type: Attached Type: Attached Lot Size: 13,193 Sq.Ft Lake/Bay/Rating: 00-00-00 0.30 Acres Effective Frontage: 0 Comments: • :7 - ADDRESS: 885 70TH AVE 11 PID# (22) 2511921340016 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $94,0004/2016 $90,695 13.08%$99,990 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 785 Sq.Ft. Basement Area: 100% Age: 1983 Above Grade Area 785 Sq.Ft. Finished Bsmt Area: 40% Fireplaces: 0 Central Air Conditioning: Yes Baths Deluxe: 0 Full: 1 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 70.00 Garage #1: 460 Garage #2 0 Type: Tuck Under Type: Lot Size: 1,410 Sq.Ft Lake/Bay/Rating: 00-00-00 0.03 Acres Effective Frontage: 0 Comments: ADDRESS: 2829 67TH LA N PD# (22) 35119-2123-0031 I Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $101,0001112015$90,581 13.08%$105,427 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 568 Sq.Ft. Basement Area: 0% Age: 1982 Above Grade Area 1016 Sq. Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths- Deluxe:O Full:1 3/4:0 1/2:1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 264 Garage #2 0 Type: Attached Type: Lot Size: 1,219 Sq.Ft Lake/Bay/Rating: 00-00-00 0.03 Acres Effective Frontage: 0 Comments: 411 w I I -., fl ADDRESS: 6618 CAMDEN DR PIN (22) 364192143-0097 Sale Date:DirectSalePrice:MCAP(annual):MCAPSalePrice:2017EMV: $108,5005/2016 $106,000 13.08%$115,604 Previous Sale:Sale Date: 12/2015 Sale Price: 80,460 Style and Story Height: 2 Story Ground Floor Area: 674 Sq. Ft. Basement Area: 100% Age: 1975 Above Grade Area 1334 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: Baths - 0 Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 108.00 Garage #1: 440 Garage #2 0 Type: Tuck Under Type: Lot Size:678 Sq.Ft Lake/Bay/Rating: 00-00-00 0.02 Acres Effective Frontage: 0 Comments: .7 ADDRESS: 2915 67TH LA H PIN (22) 3511921230037 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $111,0001012015$97,000 13.08%$114,129 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 624 Sq. Ft. Basement Area: 0% Age: 1983 Above Grade Area 1136 Sq. Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 80.00 Screened: 0.00 Deck: 0.00 Garage #1: 440 Garage #2 0 Type: Attached Type: Lot Size: 1,700 Sq-Ft Lake/Bay/Rating: 000000 0.04 Acres Effective Frontage: 0 Comments: ADDRESS: 1337 68TH LA I\1 PIN (22) 3611921220098 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $113,000912016$106,700 13.08%$111,429 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 640 Sq.Ft. Basement Area: 0% Age: 1983 Above Grade Area 1216 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 264 Garage #2 0 Type: Attached Type: Lot Size: 1,400 Sq.Ft Lake/Bay/Rating: 00-0000 0.03 Acres Effective Frontage: 0 Comments: I I: Aj I ----v ^7-1 ADDRESS: 6609 CAMDEN DR PUD# (22) 36.11921130102 Sale Date:Direct Sale Price:MCAP(nnual): 13.08% MCAP Sale Price:2017 EMV: $115,5005/2016 $108,640 $118,483 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 722 Sq. Ft. Basement Area: 80% Age: 1975 Above Grade Area 1382 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 2 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 162.00 Garage #1: 440 Garage #2 0 Type: Tuck Under Type: Lot Size: 677 Sq.Ft Lake/Bay/Rating: 00-00-00 0.02 Acres Effective Frontage: 0 Comments: 1 )Y.1 fq1>A4 ADDRESS: 5829 LAKE CURVE LA PD# (22) 031121230054 Sale Date:Direct Sale Price:MCAP(nnual): 13.08% MCAP Sale Price:2017 EMV: $117,0005/2016 $116,400 $126,946 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1040 Sq.Ft. Basement Area: 0% Age: 1996 Above Grade Area 1040 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: Baths - 0 Central Air Conditioning: Yes Deluxe: 0 Full: 1 3/4: 1 1/2: 0 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 400 Garage #2 0 Type: Attached Type: Lot Size:2,088 Sq.Ft Lake/Bay/Rating: 00-0000 0.05 Acres Effective Frontage: 0 Comments: V ADDRESS: 1125 63RD LA N PD# (22) 36-119-21-33-0060 Sale Date:Direct Sale Price:MCAP(anrival): 13.08% MCAP Sale Price:2017 EMV: $125,500812016$130,560 $137,832 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 561 Sq.Ft. Basement Area: 80% Age: 1983 Above Grade Area 1089 SqFt. Finished Bsmt Area: 80% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4:1 1/2: 0 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 275 Garage #2 0 Type: Detached Type: Lot Size: 1,214 Sq.Ft Lake/Bay/Rating: 00-00-00 0.03 Acres Effective Frontage: 0 Comments: - wr,I - - I ADDRESS: 7110 QUAIL C!R E PID# (22) 28119-21410191 Sale Date:Direct Sale Price:MCAP(nnuafl:MCAP Sale Price:2017 EMV: $128,00010/2015 $114,170 13.08%$134,331 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 672 Sq.Ft. Basement Area: 90% Age: 1978 Above Grade Area 1314 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: I Full: 0 3/4: 1 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 132.00 Garage #1: 440 Garage #2 0 Type: Attached Type: Lot Size: 2,160 Sq.Ft Lake/Bay/Rating: 00-00-00 0.05 Acres Effective Frontage: 0 Comments: tj. Ii I ADDRESS: 6815 YORK PL PIN (22) 34119-21-11-0029 Sale Date:Direct Sale Price:MCAP(nnual):MCAP Sale Price:2017 EMV: $130,0009/2016 $130,000 13.08%$135,761 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1350 Sq.Ft. Basement Area: 0% Age: 1996 Above Grade Area 1350 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 2 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Open: 48.00 Screened: 0.00 Deck: 0.00 Garage #1: 594 Garage #2 0 Type: Attached Type: Lot Size: 1,980 Sq.Ft Lake/Bay/Rating: 00-00-00 0.05 Acres Effective Frontage: 0 Comments: V /1 -rr7j -krr4 -- ADDRESS: 4909 WINGARD PL PID# (22) 281i9-21410031 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $130,0006/2016 $124,700 13.08%$134,531 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Entry Ground Floor Area: 913 Sq.Ft. Basement Area: 120% Age: 1972 Above Grade Area 913 Sq. Ft. Finished Bsmt Area: 60% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 1 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 0.00 Garage #1: 304 Garage #2 0 Type: Tuck Under Type: Lot Size: 2,400 Sq.Ft Lake/Bay/Rating: 00-00-00 0.06 Acres Effective Frontage: 0 Comments: - 1 , 77Ao I •'. ADDRESS: 7106 PERRY PL PIN (22) 28-11921-410024 Sale Date:Direct Sale Price:MCAP(nnual:MCAP Sale Price:2017 EMV: $138,0005/2016 $128,835 13.08%$140,507 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Split Level Ground Floor Area: 1150 Sq. Ft. Basement Area: 110% Age: 1972 Above Grade Area 1150 Sq.Ft. Finished Bsmt Area: 50% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: I 3/4: 0 1/2:1 Porches - Glazed: 0.00 Open: 0.00 Screened: 000 Deck: 144.00 Garage #1: 506 Garage #2 0 Type: Tuck Under Type: Lot Size: 2,625 Sq.Ft Lake/Bay/Rating: 00-00-00 0.06 Acres Effective Frontage: 0 Comments: ADDRESS: 6543 RIVERW000 LA PD# (22) 36-119-21-13-0128 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $157,5005/2016 $145,000 13.08%$158,137 Previous Sale: Sale Date: 2/2016 Sale Price: 110,000 Style and Story Height: I Story Ground Floor Area: 1370 Sq. Ft. Basement Area: 0% Age: 2004 Above Grade Area 1370 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: I Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 2 3/4: 0 1/2: 0 Porches - Glazed: 0.00 Open: 156.00 Screened: 0.00 Deck: 0.00 Garage #1: 470 Garage #2 0 Type: Attached Type: Lot Size: 0 Sq.Ft Lake/Bay/Rating: 0000-00 0.00 Acres Effective Frontage: 0 Comments: - - - n ADDRESS: 1600 68TH LA N PID# (22) 35-119-21-11-0044 Sale Date:Direct Sale Price:MCAP(nnual): 13.08% MCAP Sale Price:2017 EMV: $160,0004/2016 $155,500 $171,437 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 960 Sq.Ft. Basement Area: 50% Age: 2005 Above Grade Area 1650 Sq.Ft. Finished Bsmt Area: 0% Fireplaces: 0 Central Air Conditioning: Yes Baths - Deluxe: 0 Full: 2 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 80.00 Screened: 0.00 Deck: 0.00 Garage #1: 0 Garage #2 0 Type: Type: Lot Size: 0 Sq.Ft Lake/Bay/Rating: 00-00-00 0.00 Acres Effective Frontage: 0 Comments: - Tn I ADDRESS: 1601 67TH LA N PID# (22) 35-11921-11-0056 Sale Date:Direct Sale Price:MCAP(annual):MCAP Sale Price:2017 EMV: $172,0004/2016 $160,990 13.08%$177,490 Previous Sale: Sale Date:Sale Price: Style and Story Height: 2 Story Ground Floor Area: 960 Sq.Ft. Basement Area: 100% Age: 2005 Above Grade Area 1650 Sq. Ft. Finished Bsmt Area: 80% Fireplaces: 0 Central Air Conditioning: No Baths - Deluxe: 0 Full: 4 3/4: 0 1/2: 1 Porches - Glazed: 0.00 Open: 80.00 Screened: 0.00 Deck: 0.00 Garage #1: 512 Garage #2 0 Type: Attached Type: Lot Size: 0 Sq.Ft Lake/Bay/Rating: 00-00-00 0.00 Acres Effective Frontage: 0 Comments: ADDRESS: 4705 TWIN LAKE AVE h'1 PID# (22) 101182320199 Sale Date:Direct Sale Price:MCAP(nnual: 7.58% MCAP Sale Price:2017 EMV: $341,0007/2016 $315,000 $327,129 Previous Sale:Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1202 Sq. Ft. Basement Area: 100% Age: 1994 Above Grade Area 1202 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: Baths - I Central Air Conditioning: Yes Deluxe: I Full: 0 3/4:1 1/2: 1 Porches -Glazed: 0.00 Open: 0.00 Screened: 0.00 Deck: 336.00 Garage #1: 460 Garage #2 0 Type: Attached Type: Lot Size:6,120 Sq.Ft Lake/Bay/Rating: 5I0I-01 0.14 Acres Effective Frontage: 0 Comments: ___ ADDRESS: 7224 WILLOW LA U\i PD# (22) 2511921410036 Sale Date:Direct Sale Price:MCAP(nnual): 7.58% MCAP Sale Price:2017 EMV: $459,0003/2016 $440,000 $468,597 Previous Sale: Sale Date:Sale Price: Style and Story Height: I Story Ground Floor Area: 1924 Sq.Ft. Basement Area: 100% Age: 2003 Above Grade Area 1924 Sq.Ft. Finished Bsmt Area: 80% Fireplaces: 2 Central Air Conditioning: Yes Baths - Deluxe: I Full: 0 3/4: 1 1/2:1 Porches - Glazed: 0.00 Open: 221.00 Screened: 0.00 Deck: 238.00 Garage #1: 1,256 Garage #2 0 Type: Attached Type: Lot Size: 26,535 Sq.Ft Lake/Bay/Rating: 98-01-01 0.61 Acres Effective Frontage: 0 Comments: Each year, one fifth of the properties in the city are reviews and the records are updated. The viewing, review, and statistical analysis of all sales that sold from October 1, 2015 through September 30, 2016 in the City of Brooklyn Center were made. Adjustments to all commercial and industrial properties are based on market and income valuation procedures. 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 + 10.8% Duplex + 11.5% Condos + 6.2% Townhouses + 17.7% Apartments + 10.5% Commercial +2.9% Industrial +5.6% There are 8,605 taxable parcels in the city with a total market value of approximately $2,035,119,200. This value includes $12,003,000 in new construction improvements. The overall gross value increase for all property types including improvements in the City of Brooklyn Center is +9.14%. Valuation Appeals 22 phone calls and 7 write in appeals 12 appointments set