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2) An In pendentappraia .il conducted in 2000 suggested that the market <br />value of 2- fO Fox v^ouse + 6 icres) was $350,000. An appraisal conducted In <br />2001 to re a partial release of mortgage suggested "no negative impacf on <br />value due the division of p'^'oerty. This appraisal did not suggest an increase <br />in value d j. to subdivision. Assuming a 6% Increase for two years, an estimate <br />of the 20C' valuation would be <br />350.000 Year 2000 <br />21.000 6% increase <br />371.000 Year 2001 <br />22.260 6% increase <br />393,260 Year 2002 <br />3) Analysis of comparable properties <br />These properties are deemed to be comparable with exc^tjons noted. All <br />valuations are per Hennepin County for taxes payable in 2002 <br />V <br />Property Lot Size Market Value Notes <br />2185 Webber Hills Rd.1.325 acres 300.000 <br />17,000 Land <br />163.000 House <br />236.600 Limited <br />Brick house <br />Smaller lot <br />2355 Abingdon Way <br />1 <br />1 <br />2.01 acres 397,000 <br />150.500 Land <br />246.500 House <br />372.400 Limited <br />Much larger <br />house <br />80 Wear Lane 5 acres 374.000 <br />197.000 Land <br />177.000 Building <br />286.200 Limited <br />Comparable <br />house on much <br />larger lot <br />' 50 Wear Lane <br />i <br />2.02 acres 338,000 <br />172.500 Land <br />165.500 House <br />267.900 Limited <br />Nicer house <br />20 Wear Lane <br />i <br />2.031 acres 359.000 <br />165.000 Land <br />194.000 House <br />292.600 Limited <br />Same house <br />exactly. Same <br />model <br />680 Willow Drive S.3.285 acres 353.000 <br />200.000 Land <br />153.000 House <br />263.000 Limited <br />Very similar <br />house and lot <br />size <br />2180 Fox Street <br />1 <br />9.70 acres 376.000 <br />350.000 Land <br />26,000 House <br />199.400 Limited <br />Moreland, <br />older house. <br />Next Door <br />^ k e .AeiA i« «rta uoi£ i rr IT»f I.r S •* ff.kii ,/Ur vt^i — . 1 VHf7^i ‘»n ^ I