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COMPARABLE RESIDENTIAL IMPROVED LAND SALE <br />PID: 75-409-0235 Comparable No: <br />3 <br />Property 430 Quinn Avenue NW Grantee: <br />Michael & Jacqueline Pohl <br />Address: Grantor: <br />Peter J. & Jill Pouliot <br />City: Elk River, MN Present Use: <br />Single Family Residential <br />County: Sherburne Zoning: <br />R-lc; Single Family Residential <br />Zip Code: 55330 Highest & Best Use: <br />Residential <br />Legal Description: The N 115 feet of Lots 7 and 8, Block 2; Thomas Addition to the Village of Elk River <br />Date of Sale: 05/14/2019 Confirmed Sale Price: $278,500 <br />Special Assessments Assumed: $0 <br />Sale Price Including Assessments: $278,500 <br />Financing: Conventional; $8,355 seller concessions included; net Sale Price = $270,145 <br />Property Rights Conveyed: Fee <br />Grantee Confirmed: Michael Pohl <br />Phone: 763-302-9783 <br />Grantor Confirmed: Peter Pouliot <br />Phone: 763-234-4566 <br />Broker Confirmed: Joan Ruprecht; Keller Williams Integrity <br />Phone: 612-868-6943 <br />Other: Sherburne County Assessor <br />Phone: 763-765-4900 <br />Confirmed By: Eric Montague <br />Date: 02/24/2020 <br />Sewer: Municipal Water: Municipal <br />Sidewalk: Yes <br />Curb & Gutter: Yes Street Surface: Bituminous <br />Other: Corner lot <br />Dimensions: 115' x 120' x 115' x 120' Area: 13,800 SF <br />Shape: Rectangular <br />Frontage: +/- I I5'/Quinn Ave. Depth: 120' <br />Topo: Level <br />Improvements: 2,146 SF Two story single family home w/detached <br />garage <br />Descriptive Data: Improved residential land sale in established neighborhood of older homes, corner lot, <br />access from 5 St. NW, moderate traffic location <br />Sale Price Breakdown <br />Per Site: $54,400* Per Front Foot: $473* Per SF/Acre: $3.94/SF* <br />Notes: *Abstracted land value of $54,400; Est. improvement value $215,745 <br />Comments <br />MLS #5205284 — 12 DOM; eCRV #951568; Recent improved sale, nearest to subject on one of subject's <br />same streets two blocks west, similar corner lot, moderate traffic location, abstracted building value estimated <br />using assessor data, appears to be a good arm's length sale <br />Directions to Property <br />Hwy 10 to Proctor Ave., south to 51h St., west to Quinn Ave., south to 430 on left; +/- 0.14 mi WSW of subject <br />S.P. 7102-135RW C.S. 7102 (10=3) 902 Parcel 7102-902-229C Page 65 <br />