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Pr!rver Appraisals,Inc (651)454-6068 ��4�*4
<br /> MILLMAN
<br /> R, De3cripticin UNIFORM RESIDENTIAL APPRAISAL REPORT FbeNo- R-27OD62
<br /> Fra Address 5369 145th Street North City Hugo State MN Tv Code 55038
<br /> Lml Cascrivibon W 112 of Lot 22 Count Audf4or's Plat#7 Courti Washn ton
<br /> Assessor's Parcel No_ 20 031 21 32 DOM Tax Year 2006 A.E.Taxes S 1,290.00 Special AssAssivott$0
<br /> Bcanrwer MILLkMN.Muria Don Ctned(honer Millman,Muria Don Occupant' Owner Tenam 'Hart
<br /> R r' aisad Fee Sim Leasehold Project T PI1D Condominium D .A on hOA NA Too,
<br /> Ne borhood cr Pro 1 Marne NA Yap Re4erelux 67-B2 Ki Cons s Tract 5120-0702.04
<br /> Sale FNte NA Dale o1 Sale NA Dwript on and amount of loan cft 'concvssw5 b be paid av cater
<br /> Lender I'ied Frank Southerland A,cdress Waste on Courry Courthouse-14949 62nd Sl N Stillwater MN 55082
<br /> Appraiser Richard ForsCREA Address 7566 HILO LANE NORTH,FOREST LAKE,MN 55025
<br /> Location Urban Sub"M Rural Predmitart Single family him iy Present lend use X Lard use chW
<br /> BtAI tip Q Mar 751E ❑z5 75% ❑Under 2396 Panc1 PM) b�1 family 90 Ncf NfterZ ❑Ll ely
<br /> Growti rate ❑Rapid Z Stable ❑Sow ®Owner 16D Low 20 2-4 famty �in process
<br /> Property values ❑tlueasing Z Stable ❑Dec"V ❑Tenant 280 N h 100 'dWI-talruly To:
<br /> Dmwld'suppbf ❑Shortage EK In baiance E]Doer supply ®Vacant(a5%i Predomirartt Commercial 10
<br /> (Aarkerfirg Imre i U'der 3 mos.7_3.6 mos. R Oe 6 mos. v 5 t 2CO 60
<br /> Mees: Race awd rake raoiar u*wwaaatlM of the aeighborboM are nae appraisal farxem
<br /> Neighl o nciod boundaries and rharactoristics: North-148th Street,East-Hwy 61 South-144th Street.West-Ferraro Avenge
<br /> Factors that ailed the m3rketabilly c1 the properties in ire*h1borhoed,,Xa4mity to errploynnent and amt-Wes,empbymerd stabiky,appeal to marker;et-is
<br /> The sik"ec:is located in Huno,a cirmving suburb a x 15-20 miles NE of downbm n St Paul or Minneapolis. —he subject res in an established
<br /> pocket ereiqhborhomt of older•comparable sincile family homes. Hugo offers some shoppN. arks,and an elernentairy schoor al wihfn 112
<br /> m ie of the subject. 1-35E freeway access is a x 2 miles west via nearby Co Rd 8.
<br /> Marie.conditions in the subject neig hbodcod Ckkiding support ter ft above conclusions rclatai to ire trend of property values,demanditopply,and rlarkelng fire
<br /> —such as data on cora peltive properties for sale in the nelghbothood,dascriptiol of the prevalence of sales and limncfnf concessioiI ela'r
<br /> Property values are stable overall. Demand and supply appear to be in balance however properties Hurst be Competitively priced to sell in
<br /> under 3 months marketing;ime.
<br /> Project ntoanetion for PUDs(11 applieablej--Is the devdoW/bulder in CDvroi of the Horne Owners'Associalion(140A)? LJ Yes n No
<br /> Approximate total number of units in the subject project NA Approximate total number 01 urns tv sale In the subject project NA
<br /> Desclihe CDwmn dements and reaeatoral taclikes
<br /> Dimensions aox 104.28 x 419 Topography Level
<br /> Site area 43,693 Comer Lot❑ re
<br /> Yes ®No Sze 1 ac
<br /> Specff,c 2ortrg cbssiicatioaand description C2 Cerrtral B'JSlne$5 District see addendim S1ape Rectangular
<br /> 261111119 compliance ❑Leo N Legal wriconformag(crandfaiterad use)❑Ilega ❑No mmHg Drainage Ade uFAe
<br /> HCI E nest Present ze n DCre cse ftl*l view -Trees/Res
<br /> Utiires Pa3IL Oft, 0%-sk Improvements Type Public Rivak Lardscapiog Snow Covered
<br /> Ekziicity, I1A Street Bituminous ❑ Drivewr/Surface Concrete
<br /> Gas ® Curbrgutar Concrete ❑ Apparent easer irls Toical Utility
<br /> Water ® Sidewalk Concrete ❑ FEUA Special Ficod HaW Area ❑Yes "M No
<br /> Sanitary sewer ® Streel l ghts Yes B ❑ FEflA Zone C Map Date 12-31-1982
<br /> Storm setter M Ally None FEW Ma No. 2705D40005C
<br /> CoTimecls(apparerd acverse easerne nts,enoroachrremts,special assessments,slide arees.illegal or legal nonwoformkg zmng ase,etc.): The improvernents
<br /> face north Dna deep,one acre site with mature trees. The Vard and a portion of the roof are curregly snow covered. The detached 2+2
<br /> tandem garage(seephoto)Is Insulated.sheetrocked.and heated.
<br /> CENERAL DESUPDON EXTERIOR DESCFWHON FOUNDATICN 1145EWNT "_A-10N
<br /> No,of hits 1 Foundation C.Block-ASlab No Area Sq.Ft 648 Roof ]
<br /> No.of Stories 2 Exte-ior Walls Stucco,-Aytt Cravil Space 18% 96 Finished 60% calm ]
<br /> Type(Oet1Att,) Detached Rod Surface Asph Shn A Basement 82% Ceiling D +ran Walls ]
<br /> Design(Slyls) 2 Story Cuttc s&Ownsptr.None Strip Pump No vkIle II Row ]
<br /> Fiu'%'Noposed E)dslinq Window Type Dbl H /Sidi-Av Dampness None Noted Floor Carw. None
<br /> Age(Yrs.) 87 Years S:ornYScreens Carob A Smart None Noted Ertry No unknown Af
<br /> Elfetive s. 25 Years Manufactured Fbtse No Irdestatlon None Noted conaealo❑
<br /> HOOK Foyer Livn 5— Nkchen I Can I[villy I I Rec.Rm. 1131edirward #Bafts I LZurKh, I Other 7 Area SC.Ft
<br /> 8asmmll 1 x 648
<br /> Level 1 1 1 1 792
<br /> Level 2 1 3 .5 648
<br /> Flnshcd area above TWo comai s- 6 BOormo 3 Bedre s: 1.5 Ba s 1,440 SQare Feet of Gross I-wrip Area
<br /> UTERKIH MiiterialsXandiion :IEATt4G KDCFENEWP. ATilc IAGEW11B CARSTDRAGE:
<br /> Floors C o'Wd Lam-Av Type HWBB Refrigerator ❑ None ❑ ;Rreplace(s)A 1-Us. 2] None ]
<br /> Mals Dryxall-Ave. Fuel Nat Gas Rarg4'Dven ❑ Stirs ❑ 'Patio cortcrete Garage #of cars
<br /> TrimrFildsh Wood Pairited-Avizi Condiion Avg Disposal ❑ Drop Stair ❑ 'Deck ] AltactEd
<br /> Balln Floor Y rI COOLING Dishwasher ® Scuttle ® Porch ❑ Detached 2+2 tandern
<br /> Oath Wainscot Floe lass-Av Conlial No 177n4bod ® Floor ❑ ;Fence ❑ Bult-In
<br /> DOM Fktsh1Holow-Lv9. Other No Llj ruwave ❑ Heated ❑ -Pool ❑ Carport
<br /> Cordtion NA WasnQor Finished ea Ddvew
<br /> Addiiomd feabres(special energy dUcien inerts,ere.): patio,ba -)y,1 freestandn wood burning fireplialoe.built in applainces,wet bar,cei fan
<br /> Condlioe of Nle i tKxaremertls depreciation(physical,functional,and exlenal),repairs needed,qualty of cons:ructioe,remndo1r424diions,etc Tne siftiacqt
<br /> rrk
<br /> alf meet some bLnr.resistance due to the fal[I floor plan tactors: second floor fbedroom level has orily a half bath,the NW bedroom
<br /> has no closet(newtby closet in ha"y),and the two north bedroo ns are ong and narrow a 8'wide). Riese factors have been reflected in
<br /> the appraised value.
<br /> Advase Environmental corditions(such as,but not limited to,hazardous wastes,fade substances,etc.)present in the improrernxI an the silt,or in the
<br /> mmedive vicinity of to subject property.: Based on visual inspection and U=ission with ocal Realtors there are no krtovm or apparent
<br /> emArormental conditions wnich would adversely affect the subiect.
<br /> Fredie Mac Form 70 E193 PAGE i OF 2 Fannie Mae Form 1004 03
<br /> Form I—`TOTAL for Windows'appraisal sohware by a la mods,Inc.—1-81A}ALANIODE
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