2017-04-17 Local Board of Appeal & Equalization / ■
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Local Board of
Appeal & Equalization
Monday, April 17, 2017
6:30 PM
MEMO
TO: County Commissioners
FROM: Tony Rasmuson, County Assessor
DATE: 3/20/2017
RE: 2017 Assessment
The Assessor's office has completed the 2017 assessment. The results of the assessment
are summarized below (average value increases/decreases are not inclusive of new
construction):
• The number of qualified residential sales in our study period increased from 1,747 in
2015 to 1,973 in 2016. This represents a 12.94% increase in the number of qualified
sales and is indicating that market conditions are showing continuing improvement.
• The average residential market value in Wright County increased by 6.02%countywide.
• The average agricultural (2a) market value increased by 0.87%countywide. Taxable 2a
(tillable) land values (Green Acres), which are determined by the Minnesota Department
of Revenue, stayed essentially the same. Non tillable (2b) values were decreased 17.5%
from the previous year countywide.
• The average commercial/industrial value increased by 1.42%countywide.
• There was a total of$223,388,400 of taxable new construction completed countywide
for the 2017 assessment (of which $ 168,286,300 was residential, $36,759,500 was
commercial, $7,796,400 was agricultural and $10,546,200 was apartment);this was an
increase from $185,740,800 last year or a little over 20.27%.
• The total countywide estimated market values have increased from $12,975,449,000 to '
$13,809,533,600—an increase of 6.43% (comparing last year spring mini to this year).
Minnesota State Law requires assessors to value property based on historical data.
Taxes payable are always based on the prior year's value,which was determined
using sales data from a previous time period (see chart below).
Therefore, in an escalating market, assessed values are typically lower than the
current market. Likewise, if values are declining it's possible that assessed values
will be higher than the current market. This is due to the time frame we are
required to work with and the effects of a rapidly changing market.
CURRENT VALUE/ FUTURE VALUE/
PREVIOUS MARKET CURRENT MARKET
�..��.��,��,�p
��
� �sot� Oct. 1 , 2015 Oct.l , 2016
thru thru �
- Sept. 30, 2016 Sept. 30, 2017 :�
Gather 8� Verify �
Sales Data � ��� � f .
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_
Zo� 7 zo� s
va�uation
Year
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Pay taxes _� .. .. . , ._. .
2018 2019
Market Value Appeals Process
Visit Your Assessor's�ffice
�Review pruperty cfiara:ieristics
�CQsnpare oomparable prope�ties
�Request an adjustment aE su�a�ted
Appeal to the C�ty or Towns�ip"Board of Revierv"
�Typia�'q meets e�Aprtl or May
�May a�peal in person,letter,os appticarion
�Call ciFy a tow�uh�p for ar�appoiritme�t
Appea!to the County"Board of Equalization"
�Mee�s in lune
�'May appeaf i¢�person or letter
�Call county for an ap�intrr�ent
Appeal to the Minnesota Tax Court
+/Appeal try A�30 0!the year fo9owing the sssessment
Small Claims Division Regular Division
�Attamey is not neccss�ry �Attamey is retommended
�Dedsions are final �Decisions are appeafable ta the 5upreme Coutt
�To fik�the Small Claims Division you must meet one of these conditions: �Must 6e used for properties assessed over 530�,000
' the asue"s a denia!of a wrrent year app�cation for the fiomestead dassihation for Nre
+�PaY'�n P�nY;
• Or�ly or�e parcet is imiuded in the petitiar�,the entire pasioel is cfassified as homestrad la or
lh�ursw�ef to I�Nnn Stat 273.13,and the p�rcel contains no more than one dwelting unit;
• the eMire property is skssi�ed as agricultusa9 homestead dass 2a or 16 undv section
173.13;or
• The assesso�s estimated mark�t vaEue of the prop�ry insiuded in the�etitian isless than
53oo,occro
Anthony Rasmuson
o.s�'=Y "�� Wright County Assessor
(! ♦ Wright County Government Center
= x Z 10 2nd Street NW, Room 100
� ��� � Buffalo, MN 55313-1183
Q� Phone: (763)682-7367/(763) 682-7368
'�� ��r 1 (800)362-3667
.��� FAX.• (763)684-4553
�'��� �f� �������j���e 2�� 7 �sse,s��s•���ent
Residential Values
Values for the 2017 assessment are determined using a Department of Revenue sales ratio study
which occuned between October 1,2015 and September 30,2016.
❖ OUALIFIED SALES
■ Quantity: 140
■ Median Sales Ratio: 92.05%
■ Median Sale Price: $238,711
❖ UNQUALIFIED SALES
■ Quantity: 37
■ Median Sales Ratio: 103.38%
■ Median Sale Price: $185,270
After review and analysis, market based increases were made on most properties throughout
Albertville. The final Time Adjusted Sales Ratio came in at 94.99%. The State of Minnesota
requires this ratio (estimated market value/sale price)to be between 90-105%.
"OPEN BOOK" MEETINGS
The "Open Book" Process THE BENEFITS OF
o Valuation Notices are mailed in March "OPEN BOOK" MEETINGS
o Property Owners contact the assessor's office to discuss any
concerns or questions they have regarding the assessment at any _ � . . � � _ �
time after receiving their notice � _ � � ,�
o If necessary, the appraiser will make an appointment to view the - . - . . -
property and address the property owner's concerns � . •- -
o Property owners have an extended period of time in which to � •
appeal their classification or valuation. There is no need to � � � ' • � • � � • � -
appeal at the local level in order to appeal to the County Board of - � "�� ' ' "
Appeal and Equalization in June � ' � ' ' ''
o The local board can be reinstated by resolution of the governing � � �
a e�-
body upon proof of compliance with training requirements. The � � � � _ � i
resolution and proof of compliance must be provided to the
. -� -. .
County Assessor before December 15Y of any year to be effective . � �. � . ��_. �
for the following year's assessment. � ;�. � � . � �_. , ,
. . � . . .
Open Book Meetin�: Thursdav. April 6th, 2017
3 pm — 7 pm - . . :.. .
-. - � . - -.
• First Open Book Meeting for Wright County:
... . .-
- 7 Jurisdictions participating:
. . �.. � .-
Cities of Buffalo, Monticello, Clearwater, Cokato, Maple Lake, � . . � _ � .
South Haven, and Silver Creek Township . . , - . - . .
- These 7 jurisdictions represent over 20%of Wright County's . . �
taxable parcel count - --� • - �•• •
• Held in the Wright County Assessor's Office • �' • � � • •
• Several staff and local appraiser's available to handle property
owner's valuation and classification issues on a one-on-one basis
. . . .
. �- . . � -.
with the property owner
Plannin� ahead for the 2018 Assessment � _ �
. . -� . . .- .
■ Interested jurisdictions need to inform the County Assessor of .
their intent to transfer the local board duties to the county board - . - . - � - .
before December 1 of any year to be effective for the following - • � • • • -
year's assessment. • � • • - -
■ For the 2018 assessment, a copy of the resolution voted on and � ' "• ' • ' • - " '"'
approved by the City/Township board needs to be provided to the ' " ' ' ' ' "�
County Assessor by December 15L, 2017. � � � �
Current Sales Used To Determine Next Year's Values
There are currently 6 qualified single family home sales processed to be used for 2018 valuations.
Those quali�ed sales have a ratio of 97.08%.
There is currently 1 qualified townhome sale processed to be used for 2018 valuations.
This sale has a ratio of 95%.
**Albertville Seven Year Residential Sales Historv
*bank/foreclosure sales compared to qualified sales, not to overall sales that took place.
Assessment Year 2011 2012 2013 2014 2015 2016 2017
Median Sale Price $183,300 $136,300 $136,300 177,025 204,333 195,667 238,711
ualified Sales 45 30 42 68 91 130 140
Unqualified Sales 67 56 65 51 35 27 37
(59.82%) (65.12%) (60.75% (42.86% 27.77%) (17.20%) (20.90%)
**i� Year History of New Home Permits:
zoo5 zoo6 zoo7 zoo8 zoog zoso zosi zolz zoi3 zo14 zo15 zoi6 ,
Homes siz 68 51 5 0 3 5 ss z3 zz 1g zz
Townhomes zz zz o 37* o 0 0 0 0 0 0 0
Total 134 9� 51 42 � 3 5 11 23 22 1g 22
*Westwind Apartment Complexes
Albertville Breakdown by class of Property 2016
Year 2017 Value %of total 2016 Value �of total
Residential/Seasonal 514,092,200 73.72% 464,114,500 72.10%
Apartments 24,740,100 3.55% 23,263,500 3.61%
Commercial 146,753,100 21.04% 144,566,600 22.46%
Ag 11,814,753 1.69% 11,804,597 1.83%
Total 697,402,170 100.00% 643,751,213 100.00%
2017
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■Residentiai/Seasonal
■Apariments
Commerciat
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All values within the "Annual Value Comparisons" table are subiect to chanqe based on the
finalization of abstracts, corrections, abatements, etc.
What is Market Value?
Market value is defined by the following information from the Minnesota Department of
Revenue.
Market value is the price that would prevail under competitive, open-market conditions
at the time of the assessment. An "open-market" sale is one in which the buyer and seller
are acting prudently, and the price is not affected by undue stimulus. The price obtained at
a forced sale shall not be considered.
City of Albertville Qualified Residential Sales
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101-011-002120 101-011-004040
5530 55th Cir NE 1171155th St NE
Sold 10/15 Sold 2/16
Sale= $186,637 Sale=$176,893
EMV=$172,785 EMV=$165,958
Sale Ratio 91.60% Sale Ratio 93.82%
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101-016-003030 101-019-001030
11386 54th St NE 5622 Large Ave NE
Sold 7/16 Sold 6/16
Sale= $193,127 Sale=$216,560
EMV=$173,753 EMV=$185,151
Sale Ratio 89.97% Sale Ratio 85.50%
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101-022-007090 101-024-003030
11820 Larabee Cir NE 5081 Main Ave NE
Sold 9/16 Sold 7/16 ',
Sale=4189,739 Sale= $233,224
EMV= $173,195 EMV=$227,762
Sale Ratio 91.28% Sale Ratio 97.66%a
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October 1, 201�—September 30,2016
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Pg. 1
City of Albertville Qualified Residential Sales
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101-028-001060 101-028-002020
5037 Lansing Ave NE 11809 51St St NE
Sold 6/16 Sold 9/16
Sale=$249,033 Sale=$206,407
EMV=$246,327 EMV=$185,819
Sale Ratio 98.91% Sale Ratio 90.03%
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101-028-002060 101-029-001120
11818 Locust Ct NE 6115 Kalland Dr NE
Sold 10/15 Sold 6/16
Sale=$249,563 Sale=$187,333
EMV=$252,948 EMV=$181,579
Sale Ratio 101.36% Sale Ratio 96.93%
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101-029-004070 101-029-00410
6041 Kalland Cir Ne � 6102 Kalland Dr NE
Sold 8/16 Sold 9/16
Sale= $203,091 Sale=$186,257
EMV=$187,257 EMV=$179,789
Sale Ratio 92.13% Sale Ratio 96.53�0
October 1, 2015—September 30,2016
Pg. 2
City of Albertville Qualified Residential Sales
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101-030-001120 101-030-002080
11664 52�d St NE 11679 52"d St NE
Sold 6/16 Sold 4/16
Sale= $298,569 Sale= $416,924
EMV=$259,425 EMV=$364,380
Sale Ratio 86.89% Sale Ratio 87.40%
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101-036-003120 101-039-003030
10653 615t St NE 5343 Lachman Ave NE
Sold 8/16 Sold 4/16
Sale=$199,129 Sale=$239058
EMV=$172,833 EMV=$224,457
Sale Ratio 86.79% Sale Ratio 93.89%
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101-039-004010 101-040-0020080
11295 53�d St NE 10618 61S'St NE
Sold 12/15 Sold 8/16
Sale= $250,073 Sale=$219,608
EMV=$245,549 EMV=$200,715
Sale Ratio 98.19% Sale Ratio 91.40%
October 1, 2015—September 30,2016
Pg. 3
City of Albertville Qualified Residential Sales
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101-040-002200 101-041-001020
6172 Kahler Dr NE 11530 53rd St NE
Sold 11/15 Sold 7/16
Sale$201,397 Sale$189,997
EMV$191,944 EMV$198,168
Sale Ratio 95.31% Sale Ratio 104.30%
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101-041-002050 101-042-001170
5233 53�d Cir NE 6229 Kasler Dr NE
Sold 7/16 Sold 10/15
Sale$248,624 Sale$122,908
EMV$254,567 EMV$133,493
Sale Ratio 102.39% Sale Ratio 108.61%
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101-042-002130 101-042-002140
6252 Kahler Dr NE 6244 Kahler Dr NE
Sold 7/16 Sold 4/16
Sale$117,109 Sale$152,378
EMV$119,969 EMV$135,211
Sale Ratio 102.44% Sale Ratio 88.73%
October 1, 2015—September 30, 2016
Pg.4
City of Albertville Qualified Residential Sales
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101-044-001030 101-044-003020
5482 Lachman Ave NE 5449 Lachman Ave NE
Sold 5/16 Sold 8/16
Sale$222,268 Sale$292,468
EMV$225,298 EMV$285,001
Sale Ratio 101.36% Sale Ratio 97,45%
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101-044-003040 101-045-007220
11196 Lachman Cir NE 5689 Kahler Dr NE
Sold 11/15 Sold 10/15
Sale $248,900 Sale$213,753
EMV$233,087 EMV$218,491
Sale Ratio 93.65% Sale Ratio 102.22%
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101-045-008030 101-045-008160
10781 58th St NE 10624 57th St NE
Sold 6/16 Sold 1/16
Sale $212,902 Sale$194,459
EMV$218,491 EMV$197,405
Sale Ratio 102.04%
Sale Ratio 98.09%
October 1, 2015—September 30, 2016
Pg. 5
City of Albertville Qualified Residential Sales
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101-045-008240 101-045-008250
10780 57th St NE 10800 57th St NE
Sold 2/16 Sold 6/16
Sale$225,799 Sale$308,395
EMV$260,486 EMV$280,852
Sale Ratio 115.36% Sale Ratio 91.07%
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101-045-009170 101-045-010030
10690 56th St N E 10647 56'h St N E
Sold 5/16 Sold 8/16
Sale$222,094 Sale$218,682
EMV$213,628 EMV$199,290
Sale Ratio 96.16% Sale Ratio 91.18%
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101-047-001030 101-050-002020
11029 57th St NE 5987 Kalland Ave NE
Sold 3/16 Sold 5/16
Sale$143,837 Sale$199,290
EMV$136,055 EMV$189,828
Sale Ratio 94.59% Sale Ratio 95.25%
October 1, 2015—September 30, 2016
Pg.6
City of Albertville Qualified Residential Sales
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101-051-001020 101-053-001040
5613 Kahler Dr NE 6253 Karston Dr NE
Sold 6/16 Sold 3/16
Sale$217,651 Sale$213,734
EMV$207,700 EMV$196,585
Sale Ratio 95.43% Sale Ratio 91.98%
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101-053-002060 101-053-007010
10208 Ka rsto n Ave N E 10313 Ka rsto n Ave N E
Sold 12/15 Sold 8/16
Sale$255,122 Sale$301,009
EMV$240,054 EMV$284,849
Sale Ratio 94.09% Sale Ratio 94.63%
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101-053-007060 101-053-008110
10209 Karston Dr NE 10207 Karston Ave NE
Sold 2/16 Sold 11/15
Sale$319,030 Sale$251,626
EMV$326,755 EMV$245,276
Sale Ratio 102.42% Sale Ratio 97.48%
October 1, 2015—September 30, 2016
Pg.7
City of Albertville Qualified Residential Sales
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101-053-008140 101-054-001050
10177 Karston Ave NE 10579 Karston Ave NE
Sold 6/16 Sold 3/16
Sale$213,424 Sale$262,369
EMV$212,999 EMV$282,984
Sale Ratio 99.80% Sale Ratio 107.86%
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101-055-002040 101-055-002080
10671 Karston Ave NE 10697 Karston Ave NE
Sold 6/16 Sold 11/15
Sale$210,714 Sale$206,503
EMV$195,649 EMV$210,243
Sale Ratio 92.85% Sale Ratio 101.81�0
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101-055-004100 101-055-004120
5486 Kalenda Dr NE 5512 Kalenda Dr NE
Sold 8/16 Sold 1/16
Sale$214,617 Sale$199,802
EMV$196,306 EMV$203,049
Sale Ratio 91.47% Sale Ratio 101.63
October 1, 2015—September 30, 2016
Pg.8
City of Albertville Qualified Residential Sales
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101-056-001180 101-056-001180
10101 Karston Cv NE 10101 Karston Cv NE
Sold 8/16 Sold 9/16
� Sale$165,684 Sale$173,914
EMV$167,939 EMV$167,939
Sale Ratio 101.36% Sale Ratio 96.56%
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101-058-002050 101-062-003030
10142 Karston Ave NE 10366 Karston Ave NE
Sold 7/16 Sold 7/16
Sale$252,128 Sale$302,100
EMV$240,303 EMV$292,080
Sale Ratio 95.31% Sale Ratio 96.74%
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101-062-004120 101-062-005100
10470 Karston Ave NE 10465 Karston Ave NE
Sold 5/16 Sold 9/16
Sale$311,805 Sale$293,427
EMV$292,080 EMV$321,500
Sale Ratio 93.67% Sale Ratio 109.57%
October 1, 2015-September 30,2016
Pg.9
City of Albertville Qualified Residential Sales
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101-063-002070 101-063-004140
5369 Kahler Dr NE 5342 Kahler Dr NE
Sold S/16 Sold 4/16
Sale$248,435 Sale$210,590
EMV$238,435 EMV$195,192
Sale Ratio 95.97% Sale Ratio 92.69�0
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101-065-002010 101-065-006070
5512 Lachman Ave NE 5642 Lambert Ave NE
Sold 8/16 Sold 12/15
Sale$237,720 Sale$230,503
EMV$227,678 EMV$209,824
Sale Ratio 95.78% Sale Ratio 91.03�
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101-066-001010 101-066-001020
5690 Lachman Ave NE 5688 Lachman Ave NE
Sold 6/16 Sold 7/16
Sale$207,788 Sale$181,364
EMV$182,643 EMV$177,284
Sale Ratio 87.90% Sale Ratio 97.75%
October 1, 2015—September 30, 2016
Pg. 10
City of Albertville Qualified Residential Sales
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101-068-001040 101-069-001050
10457 Karston Cir NE 10390 64th St NE
Sold 7/16 Sold 5/16 �
Sale$378,273 Sale$167,620
EMV$373,683 EMV$168,552
Sale Ratio 98.79% Sale Ratio 100.56%
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101-069-002260 101-069-002260
6378 64th Way NE 6378 64th Way NE
Sold 6/16 Sold 4/16
Sale $132,542 Sale$157,511
EMV$147,312 EMV$153,382
Sale Ratio 111.14% Sale Ratio 97.38�0
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101-069-002310 101-069-002390
10549 64th Way NE 10487 64th Way NE
Sold 4/16 Sold 4/16
Sale$158,728 Sale$158,728
EMV$139,511 EMV$139,426
Sale Ratio 87.89� Sale Ratio 87.84%
October 1, 2015—September 30, 2016
Pg. 11
City of Albertville Qualified Residential Sales
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101-069-002630 101-070-001030
6399 64th Ln NE 10186 53�d St NE
Sold 10/15 Sold 11/15
Sale$175,190 Sale$269,675
EMV$170,746 EMV$279,074
Sale Ratio 97.46% Sale Ratio 103.49%
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101-071-002030 101-071-003150
5243 Kahl Ave NE 10381 52"d St NE
Sold 5/16 Sold 7/16
Sale$263,316 Sale$238,364
EMV$245,857 EMV$222,878
Sale Ratio 93.37% Sale Ratio 93.50%
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101-071-003210 101-071-003280
10486 515t Ct NE 10443 515L Ct Ne
Sold 7/16 Sold 2/16
Sale$231,006 Sale$290,710
EMV$203,892 EMV$284,361
Sale Ratio 88.26%a Sale Ratio 97.82%
October 1, 2015—September 30,2016
Pg. 12
City of Albertville Qualified Residential Sales
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101-071-004020 101-071-004030
10456 52"d St NE 10470 52"d St NE
Sold 11/15 Sold 4/16
Sale$194,830 Sale$212,695
EMV$200,826 EMV$197,023
Sale Ratio 103.08% Sale Ratio 92.63%
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101-071-004050 101-071-004070
10500 515Y St N E 10516 515t St N E
Sold 6/16 Sold 6/16
Sale$254,126 Sale $215,511
EMV$229,005 EMV$208,776
Sale Ratio 90.11% Sale Ratio 96.87%
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101-071-006090 101-074-002070
10584 SOth Ct NE 5496 Jason Ct NE
Sold 12/15 Sold 8/16
Sale$233,764 Sale $324,164
EMV$257,154 EMV$280,848
Sale Ratio 110.01 Sale Ratio 86.64%
October 1, 2015—September 30,2016
Pg. 13
City of Albertville Qualified Residential Sales
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101-074-002090 101-074-002120
5508 Jason Ct NE 5526 Jason Ct NE
Sold 9/16 Sold 10/15
Sale$304,502 Sale$291,983
EMV$275,299 EMV$278,236
Sale Ratio 90.41 Sale Ratio 95.29%
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101-074-002130 101-074-002160
5532 Jason Ct NE 5481 Jason Ct NE
Sold 6/16 Sold 8/16
Sale $302,551 Sale$298,334
EMV$277,389 EMV$282,898
Sale Ratio 91.68% Sale Ratio 94.83%
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101-077-002050 101-079-001070
11428 53�d Ct NE 5467 Kali Ave NE
Sold 4/16 Sold 6/16
Sale$300,524 Sale$246,964
EMV$299,451 EMV$270,714
Sale Ratio 99.64% Sale Ratio 109.62%
October 1, 2015—September 30,2016
Pg. 14
City of Albertville Qualified Residential Sales
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101-079-003050
101-0 9 003030
5474 Kalland Ave NE 5450 Kalland Ave NE
Sold 1/16 Sold 2/16
Sale$242,893 Sale$196,664
EMV$252,751 EMV$196,921
Sale Ratio 107.06% Sale Ratio 100.13%
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101-081-001030 101-081-001110 ��
5125 Kahl Ave NE 5061 Kahl Ave NE ��
Sold 6/16 Sold 6/16
Sale$225,064 Sale$282,221
EMV$209,240 EMV$243,447
Sale Ratio 92.97% Sale Ratio 86.26%
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101-08i-OOY130 101-081-002200
5045 Kagan Ave NE 5058 Kahler Ct NE
Sold 12/15 Sold 6/16
Sale$250,182 Sale$300,568
EMV$243,274 EMV$271,096
Sale Ratio 97.24% Sale Ratio 90.19%
October 1, 2015—September 30, 2016
Pg. 15
Cit of Albertville Qualified Residential Sales
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101-081-003070 101-081-003090
10295 Kali Ave NE 4975 Kaiser Ave NE
Sold 5/16 Sold 9/16
Sale$305,290 Sale$286,109
EMV$285,148 EMV$278,189
Sale Ratio 93.40% Sale Ratio 97.23%
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101-081-003130 101-082-002030
4943 KaiserAve NE 5685 LambertAve NE
Sold 11/15 Sold 1/16
Sale$370,888 Sale$145,260
EMV$332,025 EMV$138,211
Sale Ratio 89.52% Sale Ratio 95.15%
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101-083-004060 101-083-005050
11611 Laketowne Vw NE 6511 West Laketowne Dr NE
Sold 6/16 Sold 9/16
Sale$356,402 Sale$362,644
EMV$337,025 EMV$364,258
Sale Ratio 94.56�o Sale Ratio 100.45�
October 1, 2015—September 30, 2016
Pg. 16
City of Albertville Qualified Residential Sales
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101-083-006040 101-083-007050
6583 West Laketowne Dr NE 6550 West Laketowne Dr NE
Sold 11/15 Sold 9/16
Sale $388,565 Sale$304,502
EMV$360,198 EMV 4312,242
Sale Ratio 92.70% Sale Ratio 102.54%
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101-084-001180 101-084-001240
10563 Jason Ln NE 10605 Jason Ln NE
Sold 1/16 Sold 5/16
Sale$178,200 Sale$201,249
EMV$176,369 EMV$172,638
Sale Ratio 98.97% Sale Ratio 85.78%
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101-085-002130 101-085-002180
10333 49t''St NE 4870 Kaiser Ave NE
Sold 2/16 Sold 3/16
Sale$301,759 Sale$331,490
EMV$300,746 EMV$296,515
Sale Ratio 99.66% Sale Ratio 89.45%
October 1, 2015—September 30,2016
Pg. 17
City of Albertville Qualified Residential Sales
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101-087-001410 101-089-001010
10509 64t" Ln NE 5397 Jason Ave NE
Sold 11/15 Sold 10/15
Sale$161,274 Sale$245,045
EMV$158,731 EMV$222,110
Sale Ratio 98.42% Sale Ratio 90.64%
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101-090-002010 101-093-001020
10292 Karston Ct NE 11405 West Laketowne Dr NE
Sold 10/15 Sold 5/16
Sale$312,367 Sale$350,899
EMV$290,406 EMV$364,868
Sale Ratio 92.97% Sale Ratio 103.98%
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101-093-002040 101-093-010010
6741 Lakeview Cir NE 11644 East Laketowne Dr NE
Sold 8/16 Sold 2/16
Sale$429,725 Sale$370,019
EMV$402,946 EMV$371,242
Sale Ratio 93.77% Sale Ratio 100.33�0
October 1, 2015—September 30, 2016
Pg. 18
City of Albertville Qualified Residential Sales
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101-093-010030 101-093-010070
11668 East Laketowne Dr NE 11716 East Laketowne•Dr NE
Sold 11/15 Sold 5/16
Sale$464,636 Sale$356,259
EMV$371,365 EMV$337,183
Sale Ratio 79.93% Sale Ratio 94.65%
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101-093-010120 101-093-011080
6622 East Laketowne Dr NE 6645 East Laketowne Dr NE
Sold 8/16 Sold 9/16
Sale$362,137 Sale$315,865
EMV$367,312 EMV$328,030
Sale Ratio 101.43% Sale Ratio 103.85%
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101-096-001080 101-096-006010
10628 49t''St NE 4998 Kama Ln NE
Sold 9/16 Sold 6/16
Sale$304,502 Sale$288,566
EMV$311,357 EMV$251,966
Sale Ratio 102.25% Sale Ratio 87.32�
October 1, 2015—September 30, 2016
Pg. 19
City of Albertville Qualified Residential Sales
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101-096-006140 101-096-007170
4916 Kama Ln NE 10586 48th St NE
Sold 2/16 Sold 1/16
Sale$303,224 Sale$269,278
EMV$282,665 EMV$273,895
Sale Ratio 93.22% Sale Ratio 101.71%
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101-097-001030 101-101-002110
10408 62"d St NE 6686 West Laketowne Dr NE
Sold 1/16 Sold 2/16
Sale$249,409 Sale$172,173
EMV$220,239 EMV$159,833
Sale Ratio 88.30% Sale Ratio 92.83%
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101-101-002210 101-101-002220
6635 Lamplight Dr NE 6633 Lamplight Dr NE
Sold 8/16 Sold 8/16
Sale$173,917 Sale$163,102
EMV$149,079 EMV 159,833
Sale Ratio 85.72% Sale Ratio 98.00%
October 1, 2015—September 30, 2016
Pg. 20
City of Albertville Qualified Residential Sales
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101-101-002290 101-102-003010
6615 Lamplight DR NE 11326 69th St NE
Sold 6/16 Sold 10/15
Sale$183,158 Sale$330,547
EMV$164,809 EMV$327,365
Sale Ratio 89.98% Sale Ratio 99.04%
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101-102-004100 101-102-004170
1130169th St N E 11254 68th St N E
Sold 10/15 Sold 5/16
Sale$322,834 Sale$303,188
EMV$299,240 EMV$277,221
Sale Ratio 92.69�o Sale Ratio 91.44%
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101-102-005090 101-103-002060
11277 68th St NE 10687 51St St NE
Sold 12/15 Sold 2/16
Sale$271,819 Sale$284,273
EMV$254,261 EMV$234,296
Sale Ratio 93.54%a Sale Ratio 82.42%
October 1, 2015—September 30, 2016
Pg. 21
City of Albertville Qualified Residential Sales
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101-103-002210 101-104-001020
5204 Kalenda Ct NE 6424 64th St NE
Sold 5/16 Sold 7/16
Sale$236,455 Sale$175,146
EMV$222,812 EMV$151,874
Sale Ratio 94.23% Sale Ratio 86.71%
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101-110-001020 101-110-002100
6995 LaSalle Cir NE 6967 Lydia Cir NE
Sold 3/16 Sold 2/16
Sale$364,440 Sale$334,418
EMV$344,720 EMV$320,577
Sale Ratio 94.59% Sale Ratio 95.86�0
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101-110-004040 101-110-004080
680167th St NE 6853 67th St NE
Sold 5/16 Sold 4/16
Sale$339,444 Sale$333,490
EMV$323,671 EMV$346,126
Sale Ratio 95.35% Sale Ratio 103.79%
October 1, 2015-September 30, 2016
Pg.22
City of Albertville Qualified Residential Sales
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101-124-001070 101-124-002030
12183 59th Cir NE 12331 58th St NE
Sold 12/15 Sold 11/15
Sale$203,473 Sale$194,392
EMV$159,041 EMV$187,962
Sale Ratio 78.16% Sale Ratio 96.69%a
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101-144-001050 101-144-001060
7050 69th Cir NE 7040 69th Cir NE
Sold 1/16 Sold 2/16
Sale$360,181 Sale$326,539
EMV$310,539 EMV$301,722
Sale Ratio 86.22% Sale Ratio 92.40%
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101-500-011309 101-500-012119
1156155th St NE 11423 60th St NE
Sold 7/16 Sold 7/16
Sale $207,169 Sale$136,282
EMV$187,393 EMV$108,729
Sale Ratio 90.45% Sale Ratio 79.78%
October 1, 2015—September 30,2016
Pg.23
City of Albertville Qualified Residential Sales
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101-500-013113 101-500-014306
5494 Lander Ave NE 5076 Main Ave NE
Sold 1/16 Sold 5/16
Sale$203,041 Sale$230,150
EMV$194,941 EMV$187,965
Sale Ratio 96.01% Sale Ratio 81.67%
October 1, 2015—September 30, 2016
Pg.24