5. SR 04-29-2013 2013 Sherburne Elk River Local Board of Appeal and Equalization
April 29, 2013
Recommendation from County Assessor
For Changes to 2013 Assessment
THE BANK OF ELK RIVER
ATTN: OREO DEPT
630 MAIN STREET
ELK RIVER MN 55330
Parcel # 75,405-0320, 75-405-0340, 705-442-0220 and 75-405-2410.
A representative of the bank called this morning to notify us of vacancy
issues with the properties. He was unable to give us a tour today. We are
recommending no change at this time and if there is a dispute once the tour
is complete, we can resolve it at the County Board of Appeal. The
representative agreed to this approach.
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2013 Sherburne Ells River Local Board of Appeal and Equalization
April 29, 2013
Recommendation from County Assessor
For Changes to 2013 Assessment
SHERBURNE LODGE #95 AF & AM INC
633 UPLAND AVE NW
ELK RIVER MN 55330
Parcel # 75-402-0253
2013 Original 2013 Suggested Change
233 Land $ 82,300 $ 63,700
233 Buildings $ 143,800 $ 122,600
232 Land $ 41,100 $ 46,100
232 Buidlings $ 74,700 $ 89,500
Total $ 341,900 $ 321.,900
Difference: ($20,000 overall reduction)
At the request of the property manager, I reappraised the property on
4/29/13. Interior updates needed in office. Majority of commercial lease
space is vacant. In addition, $19,800 will be re-classified to the community
service organization classification (232).
2013 Sherburne Elk River Board of Appeal and Equalization
April 29, 2013
Recommendation from County Assessor
For Changes to 2013 Assessment
KRUSE, F & LUNDQUIST, L
2909 COUNTY RD 39 NW
MAPLE LAKE 55358
Parcel # 75-733-0105, 75-733-0110, 75-733-0115, 75-733-0120 & 75-740-
0040
2013 Original 2013 Suggested Change
75-733-0105 $ 54,500 $ 43,600
75-733-0110 $ 54,500 $ 4300
75-733-0115 $ 54,500 $ 43,600
75-733-0120 $ 54,500 $ 43,600
75-740-0040 $ 219,900 $ 191,200
Total $ 437,900 $ 36500
Difference: ($72,300 overall reduction)
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These are four vacant lots and an out lot that have been for sale since 2006.
No highway visibility and not ideal location. Reduce value from $1.25 a foot
to $1.00.
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