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.., <br /> <br />-~-I~e~ ~ -~7 <br />4/30/~ a <br />2012 Elk River Board of Appeal and Equalization <br />Apri130th, 2012 <br />Recommendations from County Assessor <br />For changes to the 2012 Assessment <br />ELK RIVER TOWNHOUSES <br />11774 HIGHLAND RD NW <br />ELK RIVER MN 55330 <br />LEGAL DESCRIPTION: LOT 1-5, BLK l <br />SEC/TWP/RGE : 27 33.0 26 <br />ACRES: Total of 2.83 <br />PROPERTY TYPE: APARTMENT <br />P.I.N. 2012 Original <br /> Land Building Total <br />75-440-0110 101,500 282,800 384,300 <br />75-440-0120 101,500 330,300 431,800 <br />75-440-0130 101,500 269,200 370,700 <br />75-440-0140 101,500 290,600 392,100 <br />75-440-0150 101,500 248,900 350,400 <br /> TOTAL 1,929,300 <br />P.I.N. 75-440-0 l 10 <br />75-440-0120 <br />75-440-0130 <br />75-440-0140 <br />75-440-0150 <br />2012 Suggested Change <br />Land Building Total <br />71,500 251,500 323,000 <br />71,500 299,000 370,500 <br />71,500 237,900 309,400 <br />71,500 259,300 330,800 <br />71,500 217,800 289,300 <br /> 1,623,000 <br />Reduction: $306,300 total reduction. <br />Reason: The building income information was recently provided and a new valuation <br />was reached with this data. A reduction would be appropriate for the amount of rents <br />and vacancy provided. <br />