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COMPARABLE RESIDENTIAL VACANT LAND SALE <br />PID: 75-408-0675 <br />Comparable No: 2 <br />Property 235 Nile Place NW <br />Grantee: Robert D. & Susan J. Black <br />Address: <br />Grantor: John E. & Nancy K. Babcock <br />City: Elk River, MN <br />Present Use: Vacant <br />County: Sherburne <br />Zoning: R-1C; Single Family Residential <br />Zip Code: 55330 <br />Highest & Best Use: Residential <br />Lot 23 & 24, Block 6, Houlton's Addition to the Village of Elk River, except the E <br />Legal Description: <br />35' of S 100' of said Lot 24 and except the N 30' of said Lots <br />Date of Sale: 07/12/2019 <br />Confirmed Sale Price: $32,500 <br />Special Assessments Assumed: $0 <br />Sale Price Including Assessments: $32,500 <br />Financing: Cash <br />Property Rights Conveyed: Fee <br />Grantee Confirmed: Robert Black <br />Phone: N/A <br />Grantor Confirmed: John Babcock <br />Phone: N/A <br />Broker Confirmed: N/A <br />Phone: N/A <br />Other: Sherburne County Assessor Phone: 763-765-4900 <br />Confirmed By: Eric Montague <br />Date: 02/24/2020 <br />Sewer: Municipal Water: <br />Municipal Sidewalk: None <br />Curb & Gutter: None Street Surface: Bituminous Other: None <br />Dimensions: 77'xl50'x112'x50'x35'x100' <br />Area: 13,300 SF Shape: Rectangular <br />Frontage: +/- 77'/Nile Place <br />Depth: 150' Topo: Level/sloped <br />Improvements: None <br />Descriptive Data: Vacant residential land sale, <br />neighborhood of older homes, open site, non -corner lot, low <br />traffic street frontage <br />Per Site: <br />Notes: <br />Sale Price Breakdown <br />$32,500 Per Front Foot: $422 Per SF/Acre: $2.44/SF <br />None <br />Comments <br />eCRV #980733; Recent vacant land sale near subject to south, not listed on MLS, purchased by neighboring <br />land owner, new home built after sale, no contact information available for buyer or seller, appears to be a <br />good arm's length sale <br />Directions to Property <br />Hwy 10 to Main St., west to Norfolk Ave, south to Nile Place, west to 235 on right; +/- 0.27 mi S of subject <br />S.P. 7102-135RW C.S. 7102 (10=3) 902 Parcel 7102-902-229C Page 63 <br />