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10-08-1990 Council Packet
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10-08-1990 Council Packet
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ConclUSions t <br />This property has been tax txampt for th® pass 10 y®ars and <br />no knoMn purchas* pric® is r®cord®d. With this in wind it <br />is this ass®ssor* s opinion that all th® r®quir»ni®nt s of <br />■ark®t valu® oust b® ®stxoat®d fro* th® actual market of <br />siailar prop®rti®s within th® g®n®ral ar®a. The sal®s used <br />ar® considered to b® the best available at this tie®, they <br />are all recent, similar to th® subject, and within th® same <br />competing market. <br />Total Estimated Market value pre-development is «13&,160 <br />of development is 1.84 acres <br />portion of pr.-d.v, 1 op.ent 1. <br />It per acre or £0. 39Q i? fS500* 1113,156. <br />portion of pr.-d.v.lop.ent i. ..ti..t.d It I9C.00 per acre or £.6 IP i? 19300= i34,0i=- <br />I'otal Market value per-deve 1 opment zs estimated at 1136, 160. <br />i% of development « 1.04 acres <br />lesidential sales <br />. 33 acres/ sale price 1139,00c/ <br />!. 3*0 acres/ sale price $100,000/ <br />14 acres/ sale price $ 77,500/ <br />ledian $5,535 <br />ean $5,500 <br />ange $5,000 to $5,600 . <br />sed Mean at $5,500 <br />per <br />per <br />per <br />acre $5,600 Minnetrista 3/90 <br />acre $5,000 Minnetrista 3/90 <br />acre $5,535 Minnetrista 3/90 <br />ommercial sales <br />* sale price $330,000/ per acre $ 7,057 Rockford 3/90 <br />. 10 acres/ sale price $100,000/ per acre $10,000 Medina 4/90 <br />IhJI price $139,036/ per acre $ 9,935 Medina 4/90 <br />$9,300 <br />Inge $7,057 to $10,000 <br />^ed Mean at $9,300 <br />L <br />A
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