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<br />Page 2 of 4 Page 2 of 4 <br />Amanda Othoudt <br />December 19, 2017 <br /> <br /> <br />The subject property. According to the Realist Tax Service and Multiple Listing Service <br />websites, the subject property contains an office building which was designed as a single family <br />home which was built in 1920. It has / had 1,096 sf of finished area on the main floor and an <br />unfinished, 1,000± sf basement. The site is a corner lot which is 53 ft wide by 165 ft deep or <br />8,745 sf. The property is owned by Atp Investments LLC and is zoned C2, Office District. The <br />property has a Sherburne County property identification number of 754010130. It sold in <br />December 2014 for $86,000, and in 2004 for $164,900. <br /> <br /> <br />GOOGLE STREET VIEW DATED JANUARY 2016 <br />– facing east to south from along Gates Ave near the northwest corner of the property– <br /> <br />The scope of the work for this valuation service includes: <br /> contacting the property owner and discussing both the appraisal and the inspection with him; <br /> inspection of the property; <br /> review, analysis and conclusions of zoning, land use regulations, and property taxes; <br /> research, analysis and delineation of the market for older homes on land zoned for office use <br />in the Elk River area; <br /> consideration of the highest and best use of the property; <br /> an analysis of three market values by applying the appropriate approaches to value; and <br /> the preparation and delivery of a pdf of the appraisal report to you at <br />AOthoudt@ElkRiverMN.gov.