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4.5. HRSR 09-08-2020
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4.5. HRSR 09-08-2020
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9/4/2020 10:59:54 AM
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9/4/2020 10:51:09 AM
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City Government
type
HRSR
date
9/8/2020
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Watkins Apptaisaks. LLC <br />2516 119th Ln NW <br />Coon Rapids, MN 55433 <br />763.567.3344 <br />08f12{2p20 <br />The Bank of Elk River <br />930 Main St NW <br />Elk River. MN 55334 <br />Re. Properly. 1429 5th Sl NW <br />Elk River, MN 55330 <br />Borrower Erin Cunningham <br />Pile No: 5132175-1 <br />Opinion of Vakee: $ 227,5W <br />ElfecOve Data: =1112020 <br />This Aopraie-41 Report has been ppmpk ted for The Bank pf Elk River, TJm intended user of this appraisa3 reporl is The <br />Bank of Elk River 11 has been compleled todevelap en oonkin M marital value on the above elated property Fare <br />mortgage finance trarrjaOhpn The upirimF50 r DuM vfe5 WtnphU:ed in full Cor pliax* witlT Appraiw IndePnndence <br />Regulations. The report of Mt apprasal is attached_ Thls mpoR is not Inlended for any ethar use or users_ The subject <br />prpperlyrs de54;r pbon. de;ta and firM108 are a31 conleined in lila tollowing ropwt <br />This report is based on a physical analysis of the site and xnproverlunts. a lomMonal analyses of the rrerghboMrood and <br />city, and an eConorniC analps pi line marisgt lot prppmetwin such as the sugjarct. Thij appmIsral way developed and the <br />report was prepared in accordance mjh the Unilatm Standards cf Professional Appraisal Practice, Careful <br />cunsederateon has bean liven 10 the valuatlon maifeods employed and I an accurate analysis of line subject property <br />and Bs mlatad markel <br />This lo Mar of transmittal does not raprasatnt the Cully deaemnnted appraisal of the suplett property. Sale reliance dy Che <br />rrltended wertsj on the letter without considenntf the entire appraisal revvrt couid load tv erroneous condusions It has <br />been a pleaswe Co ass+st you. Please do not hesitate to contact me 0 Iran be of additional service to you <br />Sincerely, <br />/� s•il+w <br />Rase woodna <br />tJcense or CeriifxaTan P 44454519 <br />$tats: UN Explres: OW31=1 <br />waltilnap iiia i as i s � P retia A. atim <br />
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