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<br />2010 ELK RIVER BOAI2ll OF EQUALIZATION <br />OWNER: YEARWOOD DEVELOPMENT, LLC <br />ADDRESS: 21025 COMMERCE BLVD <br />ROGERS MN 55374 <br />LEGAL: See attached <br />PARCEL# 75-002-4405 <br />ADDRESS: 10528 175TH AVE NW <br />Elk River, MN 55330 <br />Chuck Christian called and inquired about his 2010 assessed value on a rental property at <br />10528 175`x' Ave NW. After a reassessment on April 23`d 2010, I recommend no change <br />in the land value and a reduction in the building value from $95,200 to $65,500. A <br />reduction of $29,700. <br />Assessment of property is as follows: <br />Before change <br />Land Building Total <br />$86,100 $95,200 $181,300 <br />After change <br />Land Building Total <br />$86,100 $65,500 $151,600 <br />I~ <br />Decrease : $29,700 <br />