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12/01/1994
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12/01/1994
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MV Parks, Recreation & Forestry Commission
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Packet
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Date
12/1/1994
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LANLJ AelrHAi AL tJtwt-- h l r�&No. a41007 <br />Wer _ of Appllcaoie Census Tract 410.01 Map Relwence 11-1 <br />Property Address Not Applicable <br />City Mounds View County Ramsey scam MN Zip Code 55112 <br />-gal Descnpoon Pro sed: the nortwest 95' x 210.1' of PID 06 30 23 21 9018 " Site has not been subdivjded to date <br />\r Prioe $ N/A Dam of Sale N/A Loan Tenn WA yrs. Property Rights Appraised X Fee ❑ Leasehold ❑De Mlnimis PUD <br />Actual Real Estate Taxes S N/A (yr) Loan Charges to be paid by seller $ N/A Other sales cwcamons None <br />LenderrCllent City of Mounds View Address 2401 Highway <br />10 NE Mounds View <br />Minnesota 55112 <br />Occupant WA Appraiser <br />James A. Brown Instructions toAppraiaer Intended site to be Purchased bv the Ci tv <br />of Mounds View for inclusion to the Ci#y <br />of Mounds View's Groveland Park <br />Location ❑ Urban <br />FX1 Suburban ❑ Rural <br />Good Avg. Fair Poor <br />Built Up ❑ Over 75% <br />❑X 25% lo 75% ❑ Under 25% <br />Employment Stability <br />X 0 ❑ ❑ <br />Growth Rate ❑ Fully Dv. ❑ Rapid <br />❑X Steady ❑ Slow <br />Convenience to Employment <br />Q 91 ❑ ❑ <br />Property Values ❑ Increasing <br />a Stable ❑ Declining <br />Convenience to Shopping <br />❑ EXI ❑ ❑ <br />❑ CK ❑ ❑ <br />Demand/Supply ❑ Shortage <br />1K In Balance ❑ Oversupply <br />Convenience to Scltools <br />❑ ®❑ ❑ <br />Marketing Time ❑ Under 3 Mos, <br />® 4-6 Mos. ❑ Over 6 Moa. <br />Adequacy of Public Transportation <br />Present Land Use 99 %1 Family _ %2-4 Family <br />_ %Apts _ %Condo _ % Commercial <br />Recreational Facilities <br />0 ❑ ❑ ❑ <br />❑ 0 ❑ ❑ <br />_%Industrial %vacant <br />1 % Park wet -land and churches <br />Adequacy of Ublides <br />❑ N ❑ ❑ <br />Change In Present Land Use 0 Not Likely <br />❑ LikelY(-) ❑ Taking Place 17 <br />Property of Compatibility <br />Conditions <br />❑ 0 ❑ ❑ <br />t1 From <br />To <br />Protection from Dettimentel <br />❑ Q ❑ ❑ <br />Predominate Occupancy a Owner <br />❑ Tenant % Vacant <br />Police and Fire Protection <br />Properties <br />0 0 ❑ ❑ <br />Single Family Price Range $ 90 to S <br />200 Predominant Value $ 115 <br />General Apprerance of <br />® ®❑ ❑ <br />Single Family Age 0 yrs to <br />55 yrs. Predominant Age 25 yrs <br />Appeal to Market <br />Comments including those faciors, favorable or unfavorable, affecting marketability (e.g. public parks, schools, view, noise):There are no tactofS that snoul0 <br />negatively effect the marketability of the land. The area has good appeal and employment appears stable. The area also has ood <br />access to the freeway system for a 15 minute drive to the downtown metro area. StrO shopping malls wjthin .5 mile; maior <br />shopping mall within 2 miles. Newer homes are usually in the upper price backet. <br />Dimensions 95 x 210.1 19960 SqFt Sq. Ft, or Acres ❑ Corner Lot <br />Zoning Classificadon R-1 Residential Present Improvements ®dv ❑ do not conform to zoning regulations <br />Hi,.jest and best use _ ) Present use 0 Other (specify) Residential site <br />Public Other (Describe) OFF SITE IMPROVEMENTS Topo Relatively level a roxirrtateMe elow rade <br />Eler— ❑X At Street Street Access 0 Public ❑ Private Size Avera a for <br />Gag ❑X At Street surface Asphaft shape Rectangular <br />Water ❑X At Street Maintenance ❑X Public ❑ Private view Residential Wet lands and Recreark IAV to Goo <br />San. Sewer 0 At Street `0 Stomp Sewer ❑ Curblcutter Drainage Slightly below rade wosome fill.❑ Underground Elect d Tel, l l7 Sidewalk FX1 Street Lights b the property located In a HUD kWntHW Spadini Floa? ®P10 ❑ YesComments (favorable or unfavorable including arty apparent adverse easements, encroachments or other adverse conditions): There are no adverseeasements encroachments etc. that will ne ativei affect the roe value. There are no adverse ental conditions <br />nor external factors observed that would affect the subject's marketability. <br />The undersigned has recited three recent sales of properties most similar and proximate to subject and has considered these in the market analysis. The description includes I <br />a dollar adjustment reflecting market reaction to those items of significant vanadon between the subject and comparable properties. If a significant item in the comparable I <br />property is superior to or more favorable than the subject property, a minus (-) adjustment is made thus reducing the indicated value of subie= it a significant item in the <br />comparable is inferior to or less favorable than the subject property, a plus (+) adjustment is made thus increasing the indicated value of the subject. <br />SUBJECT PROPERTY COMPARABLE NO.1 COMPARABLE NO2 COMPARABLE NOS <br />lAddress Not Ar...i:,.,,"'— oAnn �•..... r ...a A— <br />MOL' <br />Mot.' <br />roximi to sub' 'rales Price <br />ncaata Sour coate of Sale and <br />ime A usnner�ocationitwew <br />Soil <br />
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