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~~ <br />2010 City of Elk River Board of Appeal and Equalization <br />Apri128th, 2010 <br />Recommendations from County Assessor <br />For changes to the 2010 Assessment <br />K & C, LLC P.I.N. 75-402-0043 <br />630 PROCTOR AVE <br />ELK RIVER MN 55330 <br />Plat: AUDITORS SUBDIVISION NO 3 <br />Legal description ..: THAT PT OF LOT 4 THAT LIES S OF THE BNR R-O-W <br />& W OF A LINE PARA TO THOMAS STREET, RUNNING <br />NLY FROM THE NE CORNER OF LOT 8 BLK 8 OF W. + <br />2010 Original 2010 Suggested Change <br />Land $ 170,500 $ 99,100 <br />Building $ 503,300 $ 456,100 <br />Total $ 673,800 $ 555,200 <br />Reduction: Total reduction of $118,600. Land value reduced $71,400. Building value <br />reduced $47,200. <br />Reason: After talking with the owner, functional depreciation for the building was given <br />and a reduction was given for the location of the land. <br />