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{ , <br />2011 City of Elk River Board of Appeal and Equalization <br />Re-convening <br />May 16th, 2011 <br />Recommendations from County Assessor <br />For changes to the 2011 Assessment <br />ALFORDS, JOHN G & JACQUELINE P.I.N. 75-408-0175 <br />15757 228TH AVE NW <br />ELK RIVER MN 55330-9515 <br />PHYSICAL ADDRESS: 330 NORFOLK AVE. N. <br />ELK RIVER, MN. 55330 <br />PLAT/DESC.: 408 HOULTON'S ADDITION <br />SEC/TWP/RGE : 33 33.0 26 <br />DESCRIPTION: LOT 15, BLK 1 <br />PROPERTY TYPE: 4-UNIT APARTMENT BUILDING <br />2011 Original 2011 Suggested Change <br />Land $ 83,100. Land $ 83,100 <br />Building $23 8,100 Building $184,100 <br />Total $321,200 Total $267,200 <br />Reduction: A $54,000 reduction was made to the property and allocated to the <br />building value. <br />Reason: The building was reviewed on April 11th, 2011. A reduction was made to the <br />building for deferred maintenance and age of the property. Also the owner provided the <br />income information for the building which also was considered. <br />