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• 2620 Antlinim lane ^nut: <br /> Mi;tneapolis, @N 35,21S <br /> (612)781-6121 <br /> March 18, 1988 <br /> Board of Real Estate Review <br /> St. Anthony Village <br /> 3301 Silver Lake Road <br /> St. Anthony, MN 55418 <br /> Subject: Property I.D. 07-029-23-11-0018 <br /> St. Anthony + Second Piece of Property for Building Located <br /> At 2828 Anthony Lane South, St. Anthony, MN <br /> Gentlemen: <br /> I will be out of the state on business when your local board of review is <br /> scheduled to meet April 12, 1988. <br /> Last year I questioned the valuation of our building with the assessor's <br /> • office. I have since received information that indicated our building is <br /> over valued as to the 1988 estimated market value. <br /> The market value for the two property I.D. of our building shows a market <br /> value of more than $600,000, while a building with about the same square <br /> footage and with income and expenses very close to ours, was on the market <br /> for a market asking price of $495,000. A signed purchase agreement was <br /> written recently for less than this. <br /> I am enclosing information on our building attached hereto. <br /> Thank you very much for your consideration. <br /> Yours very truly, <br /> Jerry Miller <br /> Partner <br /> Enc. Tax Statement, 1987 <br /> Property Comparisons <br /> cc: Robert De Pauw, Partner <br /> • <br />