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Milestone Appraisal Services <br /> File No.m727 • <br /> November 26,2012 <br /> Elk River Utilities <br /> Troy Adams <br /> 13069 Orono Pkwy <br /> Elk River,MN 55330 <br /> File Number: m727 <br /> The appraisal of a single family dwelling, <br /> In accordance with your request, I have appraised the real property at: <br /> 1627 Main Street NW <br /> Elk River,MN 55330 <br /> The purpose of this appraisal is to develop an opinion of the defined value of the subject property,as improved. • <br /> The property rights appraised are the fee simple interest in the site and improvements. <br /> In my opinion,the defined value of the property as of November 21,2012 is: <br /> $150,000 <br /> One Hundred Fifty Thousand Dollars <br /> The attached report contains the description, analysis and supportive data for the conclusions, <br /> final opinion of value,descriptive photographs,assignment conditions and appropriate certifications. <br /> Regard, <br /> Br ,t Nordstrom <br /> 20479131 <br /> • <br />