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LAKE ELMO BOARD CP R.EPIEW, JUNE 49 1980 -5- 25. Jay Raleigh 5055 Keats Plate 37002-2600 Estimated Value $52,695 Asked about the increase in valuation. questions the increase in the valuation of the house and the out -buildings. The Assessor stated there was no increase since 1978 and this parcel was covered under the blanket percentage increase. Mr. Raleigh questions the valuation because of the age of the house. ACTION: The Assessor will come out and check the depreciation factor and go through the home to verify the valuation. 26. Herman Osterkamp 11295 32nd Street Plate 37135-6200 Estimated Value $36,690 questioned the increased valuation. Assessor explained the over-all increase. Mr. Ostereamp requests an adjustment on his land valuation stating 150 ft. of his lot has been lost to high water. ACTION: The Assessor's will look at the property and compare lot area and valuation on surrounding parcels. ASSESSOR CORRECTION: After looking at the lot and the area under water, the Assessor's corrected the land value to V6 9 230, 27. Glen Peterson 4260 Ivy Estimated Value - $829270 Plate 37444-3000 Questioned the value as being greater than the land or the house cost. The Assessor feels the valuation is in line with market values and values in the area. ACTION: None 28. Dave Braun Elmo View Townhouses Plate 37209-2000 Rep. A. B. Abercrombie Corp Estimated Value - 827,600 on Outlot A Questioned the valuation on Oatlot A. This is an unbuildable parcel until sewer comes in. The Assessor said this area is considered common area for the townhouses. Before an adjustment can be made the wording of the deeds for the townhouses will have to be reviewed. If no port of Outlot A is included in the deeds, then an adjustment can be made. .ACTION: None until deeds are reviewed. 29, Dave Braun 2380 Legion Avenue Plate 37180-4200 Estimated Value - $13ty 850 Would like a breakdown of this valuation. questions designation as to type of house, square footage, and basement/garage area. ACTION: The Assessors, will go through the house and verify the valuation and recheck the square footage. ASSESSOR CORRECTION: The Assessors determined this is not a two story house and adjusted the valuation after measuring and seeing the inside of the house, The corrected valuation is S1189675. 30. Richard Thoemke 3265 Kraft Circle Plate 37235-2600 Estimated Value - $46#905 Wanted an explaination of the valuation. The Assessor explained the blanket valuation and breakdown of the valuation. ACTION: None