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COMPARABLE RESIDENTIAL IMPROVED LAND SALE <br />PID: 75-535-0130 Comparable No: <br />4 <br />Property 1738 Tipton Circle NW Grantee: <br />Michelle Miller & Brian Ward <br />Address: Grantor: <br />Jason M. & Katelin S. Vahlenkamp <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: Lot 6, Block 1; Bailey Beck Addition <br />Date of Sale: 02/15/2019 Confirmed Sale Price: $260,000 <br />Special Assessments Assumed: $0 <br />Sale Price Including Assessments: $260,000 <br />Financing: Conventional <br />Property Rights Conveyed: Fee <br />Grantee Confirmed: Michelle Miller <br />Phone: 763-923-4050 <br />Grantor Confirmed: Jason Vahlenkamp <br />Phone: 715-271-3771 <br />Broker Confirmed: Stephen LeTourneau; The Realty House <br />Phone: 612-986-9859 <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: None <br />Curb & Gutter: Yes Street Surface: Bituminous <br />Other: None <br />Dimensions: 90' x 186' x 84' x 195' Area: 14,012 SF <br />Shape: Rectangular <br />Frontage: +/- 90'/Tipton Cir. Depth: 195' <br />Topo: Level <br />Improvements: 2,024 SF Split Entry single family home w/attached <br />garage <br />Descriptive Data: Improved residential land sale in neighborhood of newer homes, non -corner lot, rear of <br />site backs up to Highway 10 <br />Sale Price Breakdown <br />Per Site: $59,300* Per Front Foot: $659* Per SF/Acre: $4.23/SF* <br />Notes: *Abstracted land value of $59,300; Est. improvement value $200,700 <br />Comments <br />MLS #5134093 — 3 DOM; eCRV #921247; Improved sale, just west of subject, similar frontage on Hwy 10 as <br />subject, allocated building value estimated using Marshall Valuation, home recently remodeled which was not <br />reflected in county assessor values, appears to be a good arm's length sale <br />Directions to Property <br />Hwy 10 to Upland Ave., south to Tipton Cir., west to 1738 on right; +/- 0.54 mi W of subject <br />S.P. 7102-135RW C.S. 7102 (10=3) 902 Parcel 7102-902-229C Page 67 <br />