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SUITE 408 • MIDWEST FEDERAL BUILDING • ST. PAUL, MINNESOTA 55101 • (612) 227-8238 <br />Z).qF-PT'JU1NECN�T5 <br />0 APPRAISALS: RESIDENTIAL • COMMERCIAL a INDUSTRIAL 9 AGRICULTURAL <br />June 7, 1988 <br />Mr. Don Pauley <br />CITY OF MOUNDSVIEW <br />2401 Eighway 10 <br />Mcundsview, Minnesota 55112 <br />Dear Mr. Pauley: <br />At ycl=r request we have personally inspected the subject <br />property, located on Groveland Road in Moundsview, <br />Minnesota, for the purpose of estimating the Fair Market <br />Value of various parts of the subje.:t property. <br />The subject property consists of 1.7 acres of residential <br />land. <br />As a result of our appraisal and analysis, it is our opinion <br />that the various portions of the site had estimated Pair <br />:!nrket Values as of June 7, 1988 as follows: <br />Alternative 41 - $55,000.00 <br />Alternative 112 - $27,000.00 <br />Alternative 43 - $38,000.00 <br />Respectfully submitted, <br />,ROB AJS ASSOC 11 ' <br />CERTIFI'D PEAL ESTATE APPRAISER. <br />NATIONAL ASSOCIATION SENIOR MEMBER <br />AMERIC►N SOCIETY <br />REAL ESTATE APPRAISERSON <br />OF APPRAISERS A <br />SENIORCERTIFIED INTERNATIONAL <br />INSTITUTE OF VALUERS WJ <br />J <br />