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2016 Elk River Board of Appeal and Equalization <br />April 11, 2016 <br />Recommendations from the County Assessor <br />For Changes to the 2016 Assessment <br />2015-3 I1-12 BORROWER L.P. <br />901 MAIN ST SUITE 4700 <br />DALLAS TX 75202 <br />P.I.N. 75-694-1206 <br />Description: Lot 3 Block 12 Windsor Park Third Addition <br />Physical Address: 21361 Joplin St NW, Elk River MN <br />Robert Peyton of Ryan LLC, representing 2015-3 I1-12 Borrower LP, contacted the Assessor's <br />Office concerning the value of 75-694-1206. The property is a.31 acre parcel with <br />improvements. Sales were reviewed and the land and improvements inspected. The following <br />changes are recommended. <br />75-694-1206 <br />Land <br />Improvements <br />Total <br />Decrease of $13,500. <br />2016 Original <br />$ 52,700 <br />$ 176,800 <br />$ 229,500 <br />2016 Suggested Change <br />$ 52,700 <br />$ 163,300 <br />$ 216,000 <br />1 <br />