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4. SR 04-13-2015
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4. SR 04-13-2015
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Oar o.-A- <br />Sherburne County Assessor <br />Sherburne County Government Center <br />13880 Business Center Dr NW <br />Elk River, MN55330 -1692 <br />Phone: (763)765 -4900 <br />FAX. (763)765 -4905 <br />2015 ELK RIVER CITY ASSESSMENT <br />Residential values increased in overall market value by approximately 6.09 %. The property value increases <br />are the result of 292 sales used in our sales ratio study. (Assessed value divided by sale price equals sales <br />ratio) <br />$ 6,785,600 <br />2012 <br />Assessment <br />Years <br />$ 8,656,700 <br />2011 <br />128 sales <br />99.4% Beginning Ratio adjusted by -7.41 % <br />2012 <br />85 sales <br />113.4% Beginning Ratio adjusted by - 11.25% <br />2013 <br />137 sales <br />93.0% Beginning Ratio adjusted by +2.59% <br />2014 <br />208 sales <br />84.6% Beginning Ratio adjusted by +7.67% <br />2015 <br />292 sales <br />85.9% Beginning Ratio adjusted by +6.09% <br />Agricultural Values increased approximately 1.16 %. <br />Apartment values increased approximately 4.18% (1 Sale) <br />Commercial /Industrial values combined decreased approximately - 3.18 %. There were 2 Commercial sales <br />and 1 Industrial sale. <br />Total Taxable New Construction <br />Assessment Years <br />2011 <br />$ 6,785,600 <br />2012 <br />$12,562,700 <br />2013 <br />$ 8,656,700 <br />2014 <br />$20,085,400 <br />2015 <br />$17,354,782 <br />Total City Estimated Market Values <br />Assessment Years <br />2011 $1,873,410,300 <br />2012 $1,721,462,200 <br />2013 $1,728,439,800 <br />2014 $1,838,493,300 <br />Taxable Real Property <br />2015 $1,885,011,600 (spring mini abstract) <br />
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