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<br /> <br /> <br />Sherburne County Assessor <br />Sherburne County Government Center <br />13880 Business Center Dr NW <br />Elk River, MN 55330-1692 <br />Phone: (763)765-4900 <br /> FAX: (763)765-4905 <br /> <br />2017 ELK RIVER CITY ASSESSMENT <br /> Spring Mini Report <br /> <br />Residential and Seasonal values increased in overall market value by approximately 5.7%. The property <br />value increases are the result of 346 sales in the City and 1,274 sales County-wide. <br />Assessment Years <br /> Sales Study Ratio Overall Change <br />2013 137 sales 93.0% adjusted by +2.59% <br />2014 208 sales 84.6% adjusted by +7.67% <br />2015 292 sales 85.9% adjusted by +6.09% <br />2016 386 sales 89.3% adjusted by +4.06% <br />2017 346 sales 88.4% adjusted by +5.70% <br /> <br />Agricultural Values increased county-wide by +1.57% <br />. <br /> Apartment values increased +6.93% county-wide. There were 5 sales County-wide, 3 in Elk River. <br /> <br />Commercial and Industrial values combined decreased -0.58% in the City. There were 18 sales county- <br />wide. <br /> <br />Total Taxable New Construction <br />Assessment Years <br />2013 $ 8,656,700 <br />2014 $ 20,085,400 <br />2015 $ 17,354,782 <br />2016 $ 28,093,805 <br />2017 $ 18,842,026 <br /> <br />Total City Estimated Market Values Taxable Real Property <br />Assessment Years <br />2013 $ 1,728,439,800 <br />2014 $ 1,838,493,300 <br />2015 $ 1,927,795,700 <br />2016 $ 2,009,030,900 <br />2017 $ 2,119,094,900