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HomeMy WebLinkAbout05/11/1993 (2) TENTATIVE AGENDA BOARD OF REVIEW REGULAR SESSION SHAKOPEE, MINNESOTA MAY 11, 1993 LOCATION: City Hall, 129 Holmes Street South 1] Roll Call at 7 : 00 P.M. by Robert Sweeney, 1992 Chairman 2] Election of Chairman 3 ] Purpose of Board of Review - by Bob Schmitt 4] Summary of the 1993 Assessments for Shakopee - by Bob Schmitt 5] Beverly Koehnen Property - Parcel #27-916009-0 6] Ralph O. Goode Property - Parcel #27-924003-0 7] Daniel Cheever Property - Parcel #27-043004-0 8] Robert Mintz Property - Parcel #27-050003-0 9] Allen Fournier Property - Parcel #27-051013-0 10] Curtis Olson Property - Parcel #27-058018-0 11] Plat of Condominium #1015 - Parcel #27-151001-0 to 27-151004-0 12] John Brambilla Property - Parcel #27-001034-0 13] John Brambilla Property - Parcel #27-055005-1 14] Members of the audience: a] b] c] d] e] f] g] h] i] 15] Move that the findings of the Board of Review be approved and sent to the County Auditor for certification; or, continue the Board of Review to . . . 16] Adjourn Dennis R. Kraft City Administrator \••S City of Shakopee Board of Review The Board of Review will address objections to the property class and/or the market value as of January 2nd of this year. The Board does not determine TAXES and may not entertain such objections. The Board's powers are limited to correcting the property class and/or the market value as of January 2nd In the year In which the Board meets, and the Board has no jurisdiction to correct assessments made in previous years. The owner Is responsible for presenting evidence to the Board as to why the property class and/or the market value determined by the assessor Is not fair and equitable. PLEASE SPEAK CLEARLY, the meeting Is being recorded. The Board has the authority to decrease, sustain, or Increase the market value. The owner will be notified by mall within 20 days of the Board's decision concerning the appeal. Subsequent appeal procedures include the County Board of Equalization and the Minnesota Tax Court. Refer to the reverse side of your valuation notice for additional Information regarding these appeal methods. t 6/90 Ibt 11110111111 SCOTT COUNTY ASSESS COURTHOUSE 112 428 SOUTH HOLMES SHAKOPEE, MN 55379-1381 (612) 496-8115 Fax No. (612) 496-8257 To: 1993 Shakopee Board of Review Date: May 11, 1993 Subject: Summary of the 1993 Assessment conducted for the City of Shakopee by Robert N. Schmitt, Senior Appraiser, Scott County Assessor's Office. The 1993 assessment for Shakopee involved the appraisal of newly constructed buildings for which building permits were issued during 1992. It also involved the appraisal of buildings which were in a partial completion stage as of January 2, 1992. These prop- erties were checked for completion of construction work for the 1993 assessment. The annual recheck of twentyfive percent of the property in Shakopee was also conducted and included the unplatted areas of Shakopee and the plats located in "section" land. Permit totals for the 1992 year totalled 478. Of these 52 were for commercial or industrial projects, 178 were for housing units (single family or twinhomes) , and the remainder being for items such as garages, porches, etc. Seventy-eight permits were issued for items which are not valued for tax purposes such as signs, fences on resi- dential property, etc. Partial completion rechecks from the 1992 assessment totalled 95. The 25% reassessment involved 30 sections or partial sections in rural Shakopee and involved .all the plats located within these section. These plats are listed on the attached page. The stuctures within these areas were inspected or a:tag left on site, if our records indicated that the last inspection was dated some time ago or if the property appeared to have been either updated, rundown, or any other condition which may have impacted the valuation. All of the above inspections and checking of building permits and partial completions were carried out by myself. The field work for the 1993 assessment covered a period from August 10, 1992 to January 12, 1993. A total of approximately 280 hours were spent in this inspection work. 1267 notices of valuation or classification change were sent. Respectfully Submitted, Robert N. Schmitt Senior Appraiser An Equal Opportunity!Affirmative Action Employer SHAKOPEE 1993 REASSESSMENT SCHEDULE Section Land 042 RL3 #006 • 043 RLS #1024 044 PLS #'X45 • 045 RLS #1047 047 F.i1,?rney Hills 048 Montecito Heights ' i_u.0 oschke'_ • 050 Eae l ewaod 051 Deervies•a Acres 053 Riverview Estates 65' RLS #066 055 Valley Park: 1st 056 Eaalewood 2nd 057 tiaras • 059 Zoschke's F'eplat 0.0 Eaglewood 3rd 0.1 Timber Trails 0.2 Horizon Heights 064 Horizon Heights 2nd • 067 Valley Fark 2nd 069 Horizon Heights 3rd • 070 Patch 1st 071 Montecit,c, Heights End 073 Cretex Ind. Park 1st 076 Valley park 3rd • 077 Valley Park 4th 078 Clay 1st 079 I(c,skavich Valley Pk. 1st 081 Valley Perk 5th • 082 Hillside Estates 1st 085 DCCO 1st ('84 Halls 098 Strc.bel 's 1st • 082 Valley Park 6th • 025 Ziegler- ' 028 Weina.ndt Acres. 1st . 092Valley Rich 1st 103 Case 1st 105 Hoe 1st ! • • 107 A r3 1st 110 Superior Supply 1st 117 Prahmcnli 1st 123 Canterbury Park 2nd • • 126 l.PV 1st 127 Prairie House 1st . 130 Fox F:un 1st 132 Bchringer's 1st 135 Hukriede's 1st • 137 Prairie House 2nd 139 Meadowbrook Pun • 140 Kubes 2nd Add'n. 141 Valley Park 7th 142 Stonebrooke 1st Add'n. . • 144 Canterbury Park 1st 144 Horizon Heights 4th 148 RLS #134 151 Condominium #1015 152 Hillwood Estates 160 Meadows 6th, the 1L: t°circ_+-it. M-r► J Add'; , 161 Mark J. Weinandt Add'n. 162 Mulberry Meadow 1st 163 Eagle Creek Junction 3rd 164 Wei.ne.ndt Acres 2nd 1. 5 Beckrich Park Estates 166 Prairie Estates 2nd 1.67 Minns valley 6th 160 Minn Valley 7th DON D. MARTIN SCOTT COUNTY ASSESSOR COURTHOUSE 112 - 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee B0CJLd o6 Review Date: May 11, 1993 Subject: Beverly Koehnen Property PID# 27 916 009 0 Dezchi,pti.on o4 Pn.opelrty: This property is located at 2036 County Road #83. The land area is 13.00 acres. The buildings consist of a 1 story home of 2067 square feet which was built in 1963 with an area above basement of 1492 square feet and an area with no basement below of 575 square feet. The property has 2 detached garages. The first built in 1963 is 22 x 20 and the second, built in 1977 is 26 x 30. The home has 1 3/4 baths, a fin shedbasement -t.-ea o,, 600 square feet, 2 fireplaces, and a open front porch. atu 0n n wtmauon: The land is valued at $48,500 The structures are valued at $117,600 and include the home, garages, a 27 x 36 wood shed, a 45 x 60 concrete patio, and a 16 x 32 in-ground swimming pool. The total value for the property is $166,100 and the classification of the property is agricultural homestead. 1992 Estimated Market Value: Land $ 48,100 Buildings $ 117,600 Total $165,700 Oihe,'r. InOnmat on: An Equal Opportunity'Affirmative Action Employer DON D. MARTIN 6 SCOTT COUNTY ASSESSOR COURTHOUSE 112 • K 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 DePuN: LEROY T.ARNOLD! To: The 1993 Shakopee Board os Review Daze: May 11, 1993 Subject: Ralph 0. Goode Property PID# 27 924 003 0 Deac.)ripti.on o Pito pertzy: 32.25 acres of bare land located in section 24. The property lies just north'of the intersection of Muhlenhardt Road and State Highway 18. The property is rolling with a few trees on the north portion of the parcel. • The property is currently used for farming with alfalfa being the only crop grown on the land. A small shed of minimal construction was built on the property in 1987-88 and measures 21 x 28. It is used to shelter a baler and other equipment. 1993 Vauuc.. Lon InsonmatLon: The parcel is valued a agricultural land and the value for the land is $68,300. The structure located on the property is valued at $500. Total value for the property is $68,800 The property was purchased in 1983 by Mr. Goode for $74,750. 1992 Estimated Market Value: Land $ 22,600 Buildings $ 500 Total $23,100 O.titet Inioicmation: This parcel and other parcels of small agreage, (not small tracts of a large farm) , is valued as stated to keep it in line with the valuation policy of the County for agricultural property and Hobby Farm property. I have set up a graduated rate system for valueing smaller tracts of land which may be classified as agricultural, but would basically sell for developmental or building sites. An Equal Opportunity!Affirmative Action Employer Id" SCOTT COUNTY ASSESS,.,3 COURTHOUSE 112 428 SOUTH HOLMES SHAKOPEE, MN 55379-1381 (612) 496-8115 Fax No. (612) 496-8257 May 4, 1993 Mr. Ralph 0. Goode 9132 Upton Ave. So. Bloomington, MN. 55431 Re: PID# 27 924 003 0 Dear Mr. Goode; Enclosed are sales of vacant land which have taken place within the city limits of Shakopee over the past few years. They are sales of land with areas between 10 and 77 acres in size. I have listed the date of sale, area, sale price, and price per acre for your information. 1. 12/92 77.27 acres $475,000 $6147 per acre Used for subdivision 2. 11/90 73.75 acres $200,000 $2711 per acre 3. 9/91 18.19 acres $ 59,471 $3269 per acre 4. 1/92 40.00 acres $ 61,127 $1528 per acre 5. 3/88 40.00 acres $160,000 $4000 per acre Co. Rd. 83 influence 6. 7/92 39.85 acres $100,000 $2509 per acre 7. 8/89 10.00 acres $ 37,500 $3750 per acre S. 5/95 31.81 A..c c., 1. I t,,�sZ }35'OE I think this should illustrate that the smaller tracts sell for more per acre than do the larger tracts, if you exclude the affect of location. Your property would probably sell for something in the area of $3500 - $4000 per acre and would sell as developmental property. The issue of real estate taxes should not be addressed here, but I can suggest that you may want to consider applying for "Green Acres" which is an agricultural program designed to lessen the effect of urban development on farm land. It places a "taxable" value on the qualifying property based on what it is worth as farm land and continues on this program until the land is sold or developed. Then, a deferred tax is due on the property which is for the amount of tax which the owner saved for the 3 years prior to the sale date. If the owner sells to a qualifying party, the "Green Acre" classification would continue to be in place until the property no longer cualifys. I have enclosed an aplication. An Equal Opportunity/Affirmative Action Employer / o • ': !1-'�- ° ‘17,; " e(_� s(:•' r';:�-y •:_,••moi _ - \ ��i;� , • n i a f„. o a! w : o,iI s ;i�SI :i4 �,�tw.,,,ivdrt ' .- tJ ....... "4, .� - 9 i DON D. MARTIN SCOTT COUNTY ASSESSOR 1.1111/1!!!!! COURTHOUSE 112 tA 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee Board oti Review Date: May 11, 1993 Subject: Daniel Cheever property PID# 27 043 004 0 DescJ_tpt.Lon Pnopeirty: The property is located at 9040 13th East in Shakopee. The property has a site size of 100 x 150. The structures include a 1 story home which was built in 1935 and is 834 sq. ft. on the main level. An addition was added in 1981 with no basement and has 196 sq. ft. A detached garage was built in 1974 with a size of 20 x 20. The home also has a screened porch (14 x 14) and central air conditioning. The property was purchased by Mr. Cheever in May, 1982 for $58,000. 1993 Vataat.LOn In50AMa iOn: The land is valued at $16,000. The structures are valued at $53,100 for a total value of $69,100. 1992 Estimated Market Value: Land $ 16,000 Buildings $ 43,800 Total $59,800 Othe,t InsoAmati.on: An Equal Opportunity lAJrrmatiue Action Employer DON D. MARTIN SCOTT COUNTY ASSESSOR 5) '' COURTHOUSE 112 • • ` {' 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee 8oaitd of Review Date: May 11, 1993 Subj ect: Robert Mintz property PID# 27 050 003 0 De4ctrLptr:on os Pnopeirty: The property is located at 3560 Marschall Road. Lot 3 Block 1 Eaglewood Addition. The property has a lot with a size of 2.50 acres. The buildings consist of a home built in 1986 with a size of 1248 square feet. The home is 1 story, with an attached garage of 22 x 36, a walkout, an 8 x 24 open porch and a 8 x 8 enclosed porch. The home is a Miles Home. 1993 Va aa..t ,on Infio1rmcLt on: Land value: $21,000 Structure : $62,500 Total $83,500 The property was revalued for the 1993 assessment as part of the 25% reassessment. At the time the property was rechecked, (9/3/92) , it was found that the open porch size was previously incorrect. The stated size was 128 sq. ft. , the correct size should be 192 sq. ft. The enclosed porch had not been assessed at all. The garage had been in a partial stage of completion since 1986 and is now assessed as completed. The home had also been in a state of partial completion since 1986 and is now considered 100% finished. 1992 Estimated Market Value: Land $21,000 Buildings $ 55,200 Total $ 76,200 Othejt Inliohmation: New construction amounts to $7300 for the 1993 assessment. The property was purchased in August of 1990 for $58,000 from Miles Homes in a partial state of completion. An Equal Opportunity lAfrmatioeAction Employer 111111111111 �..- DON D. MARTIN SCOTT COUNTY ASSESSOR COURTHOUSE 112 , - ? -..c:kti '`' 428 S. HOLMES ST. .it SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD, To: The 1993 Shakopee Boand of Review Date: May 11, 1993 Subject: Allen Fournier property PID# 27 051 013 0 DeiSCA4tiOn o{ Pnopejtty: Located at 201 Mulberry Circle. Lot 10 Block 2 Deerview Acres Addition to Shakopee. The lot is 2.8.9 acres in size. The home is 1 story built in 1973 with 2125 square feet. The garage is attached and is 28 x 24 with a tuck-under a_arace beneath the main garage. The basement is 70% finished, the home has 3 full baths, 1 I bath, plus a wetbar in the basement. There are 2 fireplaces, central-air, a deck, screened porch, and a walkout. 1993 Va.2uation Insoumai,on: The home was part of the 25% reassement for the 1993 assessment and the value was increased to place this property closer to market value than I believe it was in past years. Lot Value $ 27,300 Structures $144,300 Total $171,300 1992 Estimated Market Value: Land $ 27,000 Buildings $117,900 Total $144,900 ()then. Insonmat on: An Equal Opportunity 1Affirmative Action Employer DON D. MARTIN •.- / SCOTT COUNTY ASSESSOR `1 COURTHOUSE 112 • ; ''' 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee Board Review Date: May 11, 1993 Subject: Curtis Olson Property PID# 27 058 018 0 DUCA ptc:on 06 Pnopenty: Located at 620 McDevitt Street, Lot 8 Block 3 Prairie View 1st Addition. The home is a 1 story home built in 1976 with 1400 square feet. The basement is 70% finished, there is 1 fireplace, 2 full + a 3/4 bath, a concrete patio, a 24 x 24 attached garage with a 12 x 24 addition to the garage in 1991. A 3 season porch was added in 1991 and completed in 1992 with 192 square feet. 1993 Vatuati,on Insonma i,on: For the 1992 assessment the 3 season porch was considered 95% complete (no floor cover, electric roughed,interior not painted) , for the 1993 assessment the porch was appraised as 100% finished. Lot Value $26,900 Structures $82,100 Total $109,000 1992 Estimated Market Value: Land $ 26,900 Buildings $ 82,600 Total $ 109,500 Other In6wrmat-ion: An Equal Opportunity/Affirmative Action Employer DON D. MARTIN 1/ SCOTT COUNTY ASSESSOR COURTHOUSE 11 • 2 "_ 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLDI To: The 1993 Shakopee 8oand otc Review Daae: May 11, 1993 Subject: Property located in Plat of Condominium #1015 PID# 27 151 001 0 to 27 151 004 0 Ductip .ion o4 Pnopenty: Units 1 to 4 The property consists of an industrial office/warehouse condominium which was built in 1989 - 90. There are 4 units in the condo with areas of 2040 square feet for warehouse space and 120 square feet for office space in each unit. The building is 16' high and constructed of concrete block with a flat roof. The office areas are sheet rocked with carpeted floors. 1993 Vatuati.on Inso'ma ion: Land $12000 (each unit) Structures $59,300 Total $71,300 The valuation of the units is based on sales of this type of property in the metro area with adjustments being made for locational differences. The units in this complex sold for $88,602 for Unit 1 in May, 1990 and $89,696 for Unit 4 in May, 1990. Units 2 and 3 are owned by Chris Anderson who had the structure built. 1992 Estimated Market .Value: Land $12,000 Buildings $ 64,100 Total $ 76,100 ()then In4oiunc..ton: See Video from Mr. Anderson. An Equal Opportunity/Affirmative Action Employer DON D. MARTIN �, SCOTT COUNTY ASSESSOR 2__. 1-1101!!!!! COURTHOUSE 112 • ;: �acs•- 428 S. HOLMES ST SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee Boand os Review Date.: May 11, 1993 Subject: John Brambilla Property PID# 27 001 034 0 Dezutipt on 06 Pnope'zty: Located at 203 E. 1st Avenue. A commercial building originally constructed in 1965 and-remodeled in 1986. The building is 1 story with 7800 square feet. 4200 square feet are garage area and storage and the other 3600 square feet ' are leased retail area which currently are occupied by Dominoes Pizza and Valley Glass. The land area is 10,290 square feet. Mr. Brambilla would like this property` to be noted into the record for possible future consideration at the County Board of Review on June 15, 1993. DON D. MARTIN SCOTT COUNTY ASSESSOR 1.11111/1!!!!! M'"' COURTHOUSE 112 • 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD, To: The 1993 Shakopee &and os Review Date: May 11, 1993 Subject: John Brambilla Property PID# 27 055 005 1 De4CAipti,on PnopeA /: Located at 550 Valley Park Drive, Part of Lot 1 Block 4 Valley Park 1st Addition. This property is 9.33 acres in size and has a structure which was constructed in 1992 for the sale and service of Recreational Vehicles. The building is made up of a showroom portion of 5106 square feet, an office area of 1680 square feet, .a mezzanine area of 5944 square feet, a garage area of 17,876 square feet, and covered parking of 7476 square feet. The building has a gross building area of 30,606 square feet and is 19' high in the showroom area and 22' high in the remainder. 1993 VaLuatLon Insoknati.on: Site value $ 223,900 Structure $1,186,000 Paved area $ 69,400 -'(91,400 s.f.) Total Value $1,479,300 1992 Estimated Market .Value: Land $ NA Buildings $ NA Total $ NA O.thet Insonmati.on: An Equal Opportunity affirmative Action Employer DON D. MARTIN SCOTT COUNTY ASSESSOF, ,air, ' COURTHOUSE 112 • 428 S. HOLMES ST. SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROY T.ARNOLD! To: The 1993 Shakopee Board o5 Review Date: May 11, 1993 Subject: Wallace Bastian Property PID #27 906 106 0 DesClEiption o5 Ptop ez.y: Located at 409 E. Shakopee Avenue. This is a 2 story duplex which was built in 1855. The property has apartments up and down. The building is 1152 s.f. on the ground floor with a full 2nd story. The property has no garage. The lot is .19 acres or 8276 square feet in size. Both of the Apts. have a living room, kitchen, dining room, 2 bedrooms, 1 bath and a nursery, and a utility room. There are two open porches of 364 sq. ft. and a 6 x 24 concrete patio. 1993 Vatua,t t.on In6oAmat.(An: The property was rechecked for the 1993 assessment and the values updated to place this property in an equalized postion when compared to similar property in the City. The 1993 land value is $16,100 The 1993 building value is $59,100 Total value for 1993 $75,200 OMze,t M6°,1/flat-ion: The 1992 land value was $16,100 The 1992 building value was $52,100 Total 1992 value $68,200 From the attached sales, I would estimate the property to have a resale value of between $75,000 to $82,000. An Equal Opportunity/Affirmative Action Employer 115 Z t 855 �a a (�sx ��?� t 5.55. 2 RESIDENTIAL SALES IN SHAKOPEE 2'2 1988 to Present Sale Home G.F. PID Date Tvoe Area Age Garage Lot Size S.P./0 Remarks 270015150 9/91 1i 780 1948 832 60 x 142 $ 75, 000 270017780 6/91 11 932 1945 408 71 x 180 $ 85, 000 270018310 7/91 1i 799 1900 240 60 x 142 $ 59, 000 270230010 8/91 1i 1120 1965 Tuck 72 x 139 $ 79,300 271310610 8/91 2 1248 1989 624 90 x 125 $125, 750 _ 271590010 10/91 1i 1127 1848 618 21,4550 $ 80,000 270015330 10/91 1i 1052 1947 280 55 x 142 $ 86, 500 270015340 8/91 1i 1031 1905 256 60 x 142 $ 78, 000 270015440 10/91 1i 759 1895 627 60 x .142 $ 72,500 270016650 10/91 13 708 1947 484 82 x 120 • $ 74, 000 270018580 11/91 1i 656 1890 528 140 x 102 $ 56,000 270020310 10/91 2 878 1956 420 80 x 150 $103,500 270040740 9/91 1i 708 1942 440 60 x 142 $ 69,000 270015460 12/91 li 698 1914 432 60 x 142 $ 50,000 270014110, 9/91 11 957 1931 280 60 x 142 $ 63, 200 270014140 10/91 2 1004 1908 988 70 x 142 $ 89, 000 270018020 11/91 1i 978 1890 520 8 384 1 .83 Aches $ 69,900 279061130 1/92 1U 748 1956 676 60 x 150 $ 82, 000 279180092 3/92 1i 686 1900 864 2.50 Aches $ 62, 005 270012380 3/92 2 1193 1902 220 C.P. 70 x 127 $ 94, 900 270012740 2/92 1i 1102 1900 624 55 x 142 $ 57, 900 270080460 3/92 1i 988 1954 276 87 x 144 $ 85, 000 270430050 2/92 2 761 1935 100 x 150 $ 47, 000 270120170 2/92 2 720 1965 484 69 x 115 $ 80,000 270120110 3/91 2 1032 1960 420 103 x 149 $ 91,600 270040280 3/92 14 805 1895 768 60 x 142 $ 76,000 270016520 3/91 1i 836 1905 400 60 x 142 •$ 75, 000 270015810 2/92 1i 872 1895+ 60 x 134 $ 69, 900 270014120 3/92 1 3/4 816 1915 60 x 142 $ 76, 000 270013600 '4/92 2 2475 1910 8 49 71 x 120 (Conve ..Lon Sa.ee)$ 86, 000 270012010 2/92 1 3/4 748 1890 480 60 x 142 $ 65,000 279070390 4/92 li 956 1939 308 60 x 142 $ 84,500 279070380 3/92 1i 876 1952 705 (2) 60 x 142 $ 79, 900 279061350 6/92 li 780 1910 308 208 x 255 (No neaLton) $ 55,000 279130620 5/92 1i 1040 1903 630 3.32 Acne4 $117,000 270010810 7/92 • 1i 892 1873 560 60 x 142 $ 55,000 270015420 3/92 13/4 908 1938 ' '308 55 x 142 $ 85,000 270016300 6/92 1i 830 1924 520 71 x 120 $ 78, 500 270017561 3/92 1i 776 1938 162 71 x 120 $ 72,369 270018350 5/92 la 665 1920 484 60 x 142 $ 69,900 270018500 6/92 2 . 1419 1875 968 60 x 142 $ 93,000 270580080 5/92 2 1160 - 1977 750 112 x 135 $136,800 271300010 3/92 11 1867 1989 977 21.60 Aches $285, 500 279140050 5/92 2/0 1127 1859 506 16.36 Acres $175,000 270012020 8/92 2/0 854 1865 576 50 x 142 $ 79,900 27nn14030 7/92 1} 926 1950 672 60 x 142 $ 83,500 27,1i14520 6/92 13/4 832 1946 300 60 x 142 $ 78,750 270015200 6/92 11 932 1949 484/364 70 x 142 $ 78,000 270018550 8/92 2/0 910 1900 60 x 142 . $ 57,000 270530120 6/92 2/3 1450 1977 572 2.00 Acres $.42,500 DON D. MARTIN SCOTT COUNTY ASSESSOR COURTHOUSE 112 • 428 S. HOLMES ST. at`;e3 . c�... SHAKOPEE, MN 55379-1381 (612) 496-8115 Deputy: LEROYT.ARNOLDI To: The 1993 Shakopee Boand os Review Date: May 11, 1993 Subject: Wallace Bastian Property PID# 27 906 107 0 De.sc.'u:p.t on Pnopenty: Located at 869 Spencer Street in Shakopee. This is a 2i story home which was originally constructed in 1908. The home is 932 square feet in size on the main level. The property has a 50% finished basement with a family room, I bath, and a utility room. The main floor has a living room, kitchen, dining room,. 1 bedroom, } bath. The 2nd floor has 3 bedrooms, 1 full bath, and the 21 story portion has 1 bedroom and a I bath. The home was moved onto this site in 1958. The lot is 55 x 135. In 1991 a garage was added to the property of 18 x 22, 1993 Va_u.c.t on In60 matiCn: T e home has been updated over the years with new vinyl siding and the general upkeep of maintenance items. The property had never been assessed for the bedroom on the 21 story level. The 1993 value for the land is $15,500 The 1993 value for the building is $63,200 Total value for 1993 $78,700 1992 Estimated Market Value: Land $15,500 Buildings $ 55,900 Total $ 71,300 O.the t In4otjma Lon: From the attached sales, I would estimate the property to have a resale value of approximately $83,000 to $85,000. • An Equal Opportunity affirmative Action Employer RESIDENTIAL SALES IN SH_ KOPEE 2 1988 to Present '132 i ws3 35 ls, z55 X 135 Sale Home G.F. PID Date Type Area Age Garage Lot Size S.P./0 Remarks 270015150 9/91 1i 780 1948 832 60 x 142 $ 75, 000 270017780 6/91 11 932 1945 408 71 x 180 $ 85, 000 270018310 7/91 11 799 1900 240 60 x 142 $ 59, 000 270230010 8/91 li 1120 1965 Tuck 72 x 139 $ 79, 300 271310610 8/91 2 1248 1989 624 90 x 125 $125, 750 271590010 10/91 1U 1127 1848 678 21,4550 $ 80, 000 270015330 10/91 1i 1052 1947 280 55 x 142 $ 86, 500 270015340 8/91 1i 1031 1905 256 60 x 142 $ 78, 000 270015440 10/91 li 759 1895 627 60 x .142 $ 72, 500 270016650 10/91 lU 708 1947 484 82 x 120 $ 74, 000 270018580 11/91 13 656 1890 528 140 x 702 $ 56, 000 270020370 10/91 2 878 1956 420 80 x 150 $103, 500 270040740 9/91 1i 708 1942 440 60 x 142 $ 69,000 270015460 12/91 1i 698 1914 432 60 x 142 $ 50, 000 270014110 9/91 71 957 1931 280 60 x 142 $ 63,200 270014140 10/91 2 1004 1908 988 70 x 142 $ 89, 000 270018020 11/91 71 978 1890 520 S 384 1 .83 Acnes $ 69, 900 279061130 1/92 li 748 1956 676 60 x 150 $ 82, 000 279180092 3/92 1i 686 1900 864 2. 50 Acne,. $ 62, 005 270012380 3/92 2 1193 1902 220 C.P. 70 x 127 $ 94, 900 270012740 2/92 1i 1102 1900 624 55 x 142 $ 57,900 270080460 3/92 1i 988 7954 276 87 x 144 $ 85, 000 270430050 2/92 2 761 1935 100 x 150 $ 47, 000 270120770 2/92 2 720 1965 484 69 x 115 $ 80, 000 270120110 3/91 2 1032 1960 420 703 x 149 $ 91,600 270040280 3/92 11 805 1895 768 60 x 142 $ 76, 000 270016520 3/91 11 836 1905 400 60 x 142 $ 75,000 270015810 2/92 13 872 1895+ 60 x 134 69. 900 _ 270014120 3/92 1 3/4 816 1915 60 x 142 $ 76,000 270013600 4/92 2 2475 1910 5 49 71 x 120 (ConvenoJ.on Sage)$ 86, 000 270012010 2/92 1 3/4 748 1890 480 60 x 142 $ 65,000 279070390 4/92 1i 956 1939 308 60 x 142 $ 84,500 279070380 3/92 11 876 1952 705 (2) 60 x 142 $ 79, 900 279061350 6/92 1i 780 1910 308 208 x 255 (No neattot) $ 55,000 279130620 5/92 1U 1040 1903 630 3.32 Actes $117, 000 270010810 7/92 11 892 1873 560 60 x 142 $ 55. 000 270015420 3/92 13/4 908 1938 308 55 x 142 $ 85, 000 270016300 6/92 1i 830 1924 520 71 x 120 $ 78,500 270017561 3/92 1i 776 1938 162 71 x 120 . $ 72,369 270018350 5/92 11 665 1920 484 60 x 142 $ 69, 900 270018500 6/92 2 _ 1419 1875 9.68 60 x 142 $ 93,000 270580080 5/92 2 1160 1977 750 112 x 135 $136,800 271300010 3/92 11 1867 1989 977 21.60 Achu $285,500 ,279140050 5/92 2/0 1127 1859 506 16.36 Acres S175,000 270012020 8/92 2/0 854 1865 576 50 x 142 S 79,900 27nn14030 7/92 l} 926 1950 672 60 x 142 $ 83,500 27(,o14520 6/92 13/4 832 1946 300 60 x 142 $ 78,750 270015200 6/92 1} 932 1949 484/364 70 x 142 $ 78,000 270018550 8/92 2/0 910 1900 60 x 142 $ 57,000 270530120 6/92 2/B 1450 1977 572 2.00 Acres $142,500 , RESIDENTIAL SALES IN SHAKOPEE 1988 to Present Sale Home G.F. _I Date Tvoe Area Age Garage Lot Size S.P./0 Remarks 270012730 9/92 1 3/4 664 1900 616 40 x 142 $ 51,350 271420070 2/92 2 1343 1992 589 21,780 $218,265 270012220 11/92 1} 828 1915 400 60 x 142 $ 50,000 270010850 10/92 1} 981 1873 318 60 x 71 $ 32,000 270015510 1/93 13/4 845 1890 336 60 x 142 $ 68,900 270016290 12/92 1} 1192 1936 528 71 x 120 $ 89,900 270016500 9/92 13/4 912 1946 + 336 120 x 142 $ 89,900 270400550 1/93 2 1150 1974 728 98 x 139 $108,000 271650330 11/92 2 1324 1992 760 1.33 Ac. $219,828 271700040 11/92 2 1092 1992 440 12,750 0 $102,460