3981 Lexington Ave - Apraisal Report 1985-01-15'
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DAHLFN & DWYER, INC.
AN APPRAISAL REPORT
OF
BENEFITS RESULTING FROM
PROJECT N0. 3951
AT
3981 South Lexington Avenue
Eagan, Minnesota
OWNED BY
Joseph J. and Lillian MeCarthy
AS OF
January 15, 1985
FOR
Mr. Paul Hauge
Hauge, Smith, Eide and Ke11er, P.A.
3908 Sibley Memorial Highway
Eagan, Minnesota
BY
Daniel E. Dwyer, Appraiser
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DAHLFN & DWYER. IlVC.
7260 NORWEST CENTER TOWER • ST. PAUL, MINNESOTA 55101 •(612) 224-1381
DWIGHT W. DAHLEN, M.AJ., S.R.P.A.
DANIEL E. OWYER
BEVERLY H. DWYER
MARK M.HANNAHAN
June 30, 1985
Mr. Paul Hauge
Hauge, Smith, Eide and Keller, P.A.
3908 Sibley Memorial Highway.
Eagan, Minnesota
Dear Mr. Hauge:
MICHAEL J. BETTENDORF, M.A.I.
SCOTT C. PETERSEN
MICHAEL P.MCCLELLAN
MARC E. KNOCHE
Pursuant to your request, I have made an inspection and
an appraisal of the property located at 3981 South Lexington
Avenue, Eagan, Minnesota, owned by Joseph J. and Lillian MeCarthy.
The purpose of this appraisal is to estimate the market
value of the fee simple interest of the property, and to determine
the benefits, if any, accruing to the property by virtue of the
installation of a trunk water main along Lexington Avenue from
Wescott Road to Diffley Road. This is referred to as City of
Eagan Project No. 3951.
I have estimated the value of the property before the
installation of the trunk water main and the value of the property
after the installation of this improvement, the difference between
the two being the benefits aceruing to the property as of
January 15, 1985. These values are as follows:
Value before the installation
of trunk water main under
Project No. 3951
Value after the installation
of trunk water main under
Project No. 3951
? Benefits aceruing to the
subject property as a result
of trunk water main
Project No. 3951
$ 90,000.00
$ 96,000.00
$ 6,040.00
? This appraisal is made subject to certain limiting
conditions and assumptions as hereinafter expressed. Such facts
, and information as contained herein were obtained from sources
I consider reliable and are true to the best of my knowledge
and belief.
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, 3981 South Lexington Avenue
June 30, 1985
' Page 2
' The following report deseribes my method of approaeh,
contains data gathered in my investigation, and demonstrates
my analysis in arriving at that the estimation of value.
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espectfully Citted,
_A_j !
Daniel E. Dwyer, Appraiser
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DAHLEN & DWYER, IlVC.
TABLE OF CONTENTS
Summary of Salient racts and Conclusions ...............
Acknowledgement ........................................
Purpose of the Appraisal ...............................
Legal Description ......................................
Market Value Defined ...................................
Highest and Best Use ...................................
Rea1 Estate Taxes and Assessments ......................
Zoning .................................................
Eagan Profile .......................'...................
Eagan Project No. 395I .................................
Site Description .......................................
Description of Improvements ............................
Method of Valuation ....................................
Cost Approach ..........................................
Land Value Estimate - Before ...........................
Replacement Cost Approach - Before .....................
Land Value Estimate - After ............................
Replacement Cost Approach - After ......................
Direct Sales Comparison Approach - Before ..............
Direet Sales Comparison Approach - After ...............
Benefits ...............................................
Summary and Conclusion .................................
Contingent and Limiting Conditions .....................
Certification ..........................................
ADDENDUM:
Photographs of Subject Property
Direct Sales Comparison Sheets
Zoning Map
Zoning Code
Comprehensive Land Plan Map
Metropolitan Map
Appraiser's Qualifications
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DAHLEN & DWYER, INC.
SUMMARY OF SALIENT FACTS AND CONCL,CJSIONS
General Description: This is a 3.85 acre parcel which
is improved with a detached frame
rambler having a two car attaehed
garage_
Location: The west side of Lexington Avenue
South approximately 112 mile to the
south of Wescott Road in Eagan,
Minnesota.
Parcel I.D. Number: 10-02200-010-02
Parcel Size: 3.85 acres, more or less
Zoning: Present - Agricultural
Proposed - R-1
Fee Owners: Joseph J. and Lillian McCarthy
Estimated Market Value Before: $ 90,000.00
Estimated Market Value After: $ 96,000.00
Benefits Attributable to
Project No. 395I: $ 6,000.00
Date of Value Estimate: January 15, 1985
Appraiser; Daniel E. Dwyer
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DAHLEN & DWYER, INC.
ACKNOWLEDGEMENT
All of the judgements and conclusions contained within
this report are those of the appraiser for which he assumes fu11
professional responsibility.
PURPOSE OE THE APPRAISAL
The purpose of this appraisal is to estimate the market
value of the fee simple interest in the property as of January
15, 1985, and to ascertain benefits, if any, that would accrue
to the property by virtue of the installation of a trunk water
main on South Lexington Avenue under Eagan Project No. 3951.
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DAHLFN & DWYER, INC.
LEGAL DESCRIPTION
The East 400 feet of the South 16 acres of the East
112 of the Northeast 1/4 of Section 22, Township 27, Range 23,
except the South 66 feet, Dakota County, Minnesota. Being
3.85 acres, more or less, and subject to survey.
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DAHLEN & DWYER, INC.
MARKET VAL'UE DEFIIdED
The highest price in terms of money which a property will
bring in a competitive and open market under all conditions
requisite to a fair sale, the buyer and seller, each acting
prudently, knowledgably and assuming the price is not affected
by undue stimulus.
Implicit in this definition is the consummation of a sale
as of a specified date and the passing of title from seller t;,
buyer under conditions whereby:
1. buyer and seller are typically motivated;
2. both parties are we11 informed or well
advised and each acting in what he considers
his own best interest;
3. a reasonable time is allowed for exposure in
the open market;
4. payment is made in cash or its equivalent;
5. financing, if any, is on terms generally
available in the community at the specified
date and typical for the property type in
its location; and,
6_ the price represents a normal consideration
for the property sold unaffected by special
financing amounts and/or terms, services,fees,
costs, or credits incurred in the transaction.
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DAHLFN & DWYER, INC.
HIGHEST AND BEST USE
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Highest and best use, as defined in Real Estate Appraisal
Terminology, edited by Byrl Boyce, Ph.D., sponsored jointly by
che American Institute of Real Estate Appraisers and the Society
of the Real rstate Appraisers, copyright 1975, page 107, is:
"...that reasonable and probable use that will
support the highest present value, as defined,
as of the ef'fective date of the appraisal.
Alternatively, that use, from among reasonably
probable and legal alternative uses, found to
be pYiysically possible, appropriately supported,
financially feasible, and which results in the
highest land value_"
ESTIMATE OF HIGHEST AND BEST USE - BEFORE
It is my opinion, after analyzing the existing zoning
ordinance, adjacent development characteristics, land use patterns,
traffic flows, environment, competitive space and site charac-
teristics, that the highest and best use of the subject property
is as improved with excess land for development as a single
family residential site.
I have considered alternative uses which would be legally
permissible, economically feasible and physically possible, and
have to conelude that the most effective utilization of this site
is its present usage with additional site for single family
residential development.
ESTIMATE OF HIGHEST AND BEST USE - AFTER
It is my opinion, after analyzing the existing zoning
ordinanace, adjacent development characteristics, land use patterns,
traffic flows, environment, compeitive space and site character-
istics, that the highest and best use of the subject property
after the installation of trunk water main under City of Eagan
Project No. 395I will remain the same.
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DAHLFN & DWYER, INC.
REAL ESTATE TAXES AND ASSESSMENTS
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According to the assessment records on file in the
Department of Taxation, Dakota County, the folloiaing taxes,
special assessments and market values are applicable to the
subject property for 1984 taxes payable in 1985:
Taxes:
$ 1,019.06
Special Assessments
Included:
Assessor's Market
Value:
None
$77,500.00
The Assessor's market value
only and is based upon a concept of
similar properties and is not given
price paid and/or market value. It
the Tax Administrator's function is
market value for tax purposes only.
ZONING
is used for assessment purposes
physical comparison between
a mathematical percentage of
must be borne in mind that
to establish his estimated
The subejct property is currently zoned Agricultural
District. Permitted uses under the Eagan Zoning Code inelude
all types of agricultural pursuits and accessory farm structures,
commercial green houses and nurseries, stands for the sale of
agricultural products provided saif products are raised on the
premises, one family detached dwellings, public parks and play-
grounds, and a public utility serviee facility. Within an
Agridultural District, any aceessory use permitted in an R-1
District shall be permitted.
The proposed zoning for the subject property under the
Eagan Land Use Guide Plan dated February, 1980 is R-1 or Single
Family Residential which would allow up to three units per acre.
Permitted uses include one family detached dwellings, The
reader's attention is directed to the Zoning Code located in the
Addendum of this report as an aid in determining conditional
uses, permitted accessory uses and minimum area and setback re-
quirements under this R-1 2oning_
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DAHLEN & DWYER, INC.
EAGAN PROr^ILE
The City of Eagan is a second tier suburb in the Twin City
Metropolitan Area of Minneapolis/St. Paul. Eagan is located
approximately 10 miles south of the downtown area of the Twin
Cities. Unlike many second tier suburbs, Eagan employs a very
substantial number of its citizens within the corporate limits of
the CIty. In total, Eagan was estimated to employ 14,000 persons
in 1980.
The current population of Eagan is estimated to be 20,720
contrasted with the 1960 Census population of 3,382 and the 1970
Census population figure of 10,398. Until the early 1960's,
Eagan was an agricultural eommunity, but in the past two decades,
tremendous transitions have occurred wherein the City has been
experiencing a rapid growth rate adding approximately 1,000/year.
In terms of physical size, Eagan is a relatively large
community. Corporate limits of the City encompass approximately
34 square miles, or approximately 21,000 acres.
The City of Eagan has designated approximately 3,200 acres
for industrial development, of which an estimated 650 acres has
already been developed. It is recognized that the City has
considerable potential ior industrial development because these
properties are located near major freeways, rail service is
available, public utility service is available and there is a
considerable area of industrial development in Eagan at the present
timewhich tends to attract more industrial development. Three
prominent industrial parks account for about 85% of the industrial
development in the City. These parks are Lhe Cedar Industrial
Park located of Highway 13, the Sibley Terminal Industrial Park
located west of Highway 13, and the Eagandale Industrial Par•k
located in the north central area of the community, generally in
the vicinity of Lexington Avenue and Lone Oak Road. Practically
all industrial development in the City has occurred on platted
property with public improvements. Eagan also has required high
performance standards, particularly during the last 10 years, wherein
landscaping, bituminous surfacing and similar site improvements
have been required. A very large percentage of the industrial
devleopment within the City consists of office and warehouse
facilities.
Commercial development in Eagan has occurred almost exclu-
sively in five general areas of tlze City. At this point, commercial
development is comprised of major retail services at the southeast
quadrant of the intersection of Cedar Avenue and Highway 13
(Cedarvale Development), and a commercial area developed at the
intersection of Yankee Doodle and Pilot Knob .°,oads (Yankee Square
shopping area). The other three commercial areas that exist in the
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DAHLEN & DWYER, INC.
City can generally be described as the commercial developments
along highway 55, commercial development along Highway 13 and
commercial development along Cedar Avenue.
Residential development in the City of Eagan has also
been reaching new levels each year. Eagan's population is
expected to increase from 20,720 in 1980 to between 30,000 and
40,000 in 1990, depending on the economy. There is a high
concentration of residential development along Pilot Knob Road
between County Roads 30 and 32, and to the east of Cedar Avenue
and north of County Road 30. Although residential development
has tapered off in many areas of the Twin Cities, the Eagan area
is expected to remain strong through the 1980's.
The City of Eagan is well served by churches of all
denominations, public and parochial schools, parks, shopping,
freeways and transportation.
Your appraiser has found Eagan to be a well balanced
community, socially and economically and has found nothing
detrimental that would restrict residentiali industrial or
commercial growth.
Neighborhood Profile
The immediate area in which the subject property is located
consists of approximately 50% undeveloped land and 501/o developed
land. The southwest corner of Wescott Road and Lexington Avenue
is in the process of being developed with new single family
dwellings. The homes are being built by Joe Miller Homes, Inc.
and are being marketed by Edina Realty, Inc. The St. Erancis
Wood Addition is located on the south side of Duckwood Drive
approximately 1/4 mile to the west of Lexington Avenue. This is
a development of custom built single family dwellings ranging in
value from $95,000 to $175,000 and up.
The southwest corner of Duckwood Drive and Lexington
Avenue is an undeveloped 40 acre parcel which is zoned Multiple
Family and is currently for sale by John J. Klein. This parcel
is wooded and rolling.
Windcrest, a development of townhomes, single family
dwellings and twinhomes, is located on the south side of the south
side of Wescott Road, just to the west of the subject property.
Just across Wescott Road from Windcrest is a development bf single
familv homes.
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DAHLFN & DWYER, INC.
Immediately Lo the west and south of the subject property
is Eagan Park. Orrin Thompson Homes, Inc. is developing a large
tract to the northeast of the subject proeprty near Carriage
Hills Golf Course.
The appraiser has found nothing detrimental in the immediate
area that would restrict residential growth.
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DAHLFN & DWYER, INC.
6
EAGAN PROJECT N0. 3951
This project provides for the construction of a booster
station and trunk water main along South Lexington Avenue from
Wescott Road to Diffley Road.
According to a report dated February 22, 1984, by
Bonestroo, Roesene, Anderlik and Associates, Inc., the trunk
water main will include an 18' diameter trunk main from Weseott
Road to Nor-thview Park Road. A 20' diameter trunk main is included
from Northview Park Road to Diffley Road. It is proposed that
the trunk water main from Wescott Road to Diffley Road be con-
structed along the west side of Lexington Avenue. Water stubs
will be provided as various street location in conjunetion with
the required amount of valves and hydrants_ Also included are
water and sewer lines to the existing homes along the trunk water
main route.
The proposed booster station wi11 be locatod on the newly
acquired reservior site located on the west side of Lexington
Avenue and south of Diffley Road. The booster station wi11
ultimately include thre pumps capable of pumping 2,000 gallons
per minute eaeh. A building structure for housing the pumps and
pressure reducing station is estimated at 1,000 sq.ft,
Assessments are proposed to be levied against the benefited
property owners.
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DAHLEN & DWYER, IlVC.
SITE DESCRIPTION
The subject site is a 3.85 acre pareel which is most:ly
level with street grade, open and contains some mature trees.
The site was originally a 16 acre site, but approximately eight
acres were sold to the City of Eagan for park land. There is a
66 foot str•ip along the southerly lot line of the subject site
for access to this park land_ The site fronts on South Lexington
Avenue, a blacktopped road. The site is served by electricity.
The reader's attention is directed to the plat map located
on the adjoining page as an aid in visualizing the size, shape
and loeation of the site.
In the before situation, the site is served by blacktopped
road and electricity. In the after situation, the site will be
served by blacktopped road, electricity and trunk/lateral water
main.
DESCRIPTION OF IMPROVENIENTS
The subject site is improved with a detached frame rambler
with two car attached garage. There is an older garage/shed at
the back of the property. The home eontains a total of 1,176
sq.ft. The exterior of the home has an ASM roof, eombination
windows and a concrete block foundation: There are no porches
or decks. The basement of the home is full, has a concrete floor
and is partially finished. Included in the basement finishing
is a half bath. The first floor of the home contains a total
of 17176 sq.ft. and consists of six rooms and one and one/half
baths.
The 24' x 28' detaehed frame garage has a concrete floor,
service door, wood overhead door, and is served by electrieity.
The overall condition of the home and garage is good.
The shed at the back of the site is 14' x 24' with an
8' x 10' addition. The shed is in below average eondition and
has minimal value.
It should be noted that the appraiser has completed only
an exterior inspection of the subject property_ Records from
the Dakot,la County's Assessor's Office were reeiewed to determine
the interior condition, room counts, and mechanical equipment.
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DAHLFN & DWYER, INC.
METHODOF VALUATION
The preferred way to determine benefits, if any accruing
to a proepty, is by the "before and after" method. Under this
method, which is usually the simplest approach, the value of the
property is estimated in both before and after the installativn
of the trunk water main, the difference between the two being
the benefits accruing to the proeprty. The measure of benefits
is dictated by State law to be the comparative market value of
the property before and after the trunk water main improvement
project.
The apgraiser has analyzed sales of improved properties
in both the before and after situations_ These sales included
properties served by all and/or some utilities and properties
not served by all utilities_ These sales were adjusted ta
reflect physical eharacteristics such as size, shape, date built,
topography, and drainage; zoning and other publie controls such
as setbaek requirements and use restrictions; access; utilities;
finaneing; condition; extras; and, availability. The values
were then determined for the subject property in the both
"before and after" situations. The total parcel size is 3.85
acres. The home is a detached frame rambler containing a total
of 1,176 sq. ft_ The home was constructed in 1973 and is in good
overall condition.
Your appraiser has employed commonly accepted appraisal
techniques_ The analysis and opinions of these techniques are
described on the following pages of this report,
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DAHLFN & DWYER, INC.
THE COST APPROACH TO VALUE
Thi? portion of the appraisal process analyzes the value of
tPie property through the contribution of the physical members: the
land; the building; and other improvementL to the property. Among
the basic real estate principles reflected in this approach is the
prineiple of substitution which staLes in part that no rational
per4on will pay more for a prop2rty than the amount at which he can
obtain asubstitute of equal desirability and utility through pur-
chase of a3ite and constriction of' a building without undue delay.
The first step in the Cost Approach is to estimate land value.
Ttie land is appraised as though vacant. This analysis recognizes
CYlaL in some caaes the existing improvements do not develop the site
Lo its highest and best use.
The second step involves the estimate of the cost to const-
i,uct the basic improvements in today'ti market. The appraiser recog-
nizes two forms of cost - reporduction cost and replacemerit cost.
Reproduction cost reflects the cost of creating a replica of the
improvememts on the basis of currenL prices, using the same or c1oQe-
ly similar materials. Replacement cost reflects the cost of creating
improvements having the same or equivalent utility on the basiti of
current prices ueing current standards of material and design. In
most case-Q, the measure of cost is the reproduction cost, however,
in some cases identical materials are not available or construction
methods have changed which makes the reporduction cost difPicult to
estimate. In those cases, replacement cost i4 utilized. Unless
otherwiQe specified, this appraisal reflects reproduction cost.
In order to reflect the value of the improvements in their
present condition, accured depreciation, if any, must be deducted.
Drpreciation reflects a loss in value caused by deterioration and/
or obsoletcenee. In many properties, items are present which do not
lend themselves Lo cost less depreciation analysis. In existing
properties such items may include mature trees, shrubbery, land-
scaping, etc. In these cases, the contribution of these iY.ems is
based upon market analysis and reflected as aeparate items in the
C03t Approach.
The remaining step in the Cost Approach is the add:ition of
the land value to the depreciated cost of the improvements and the
contribution of non-cost related items to arrive at an indicator
of value for the subject property.
Reproduction cost is related to an objective value concept.
However, it is improtant to note that cost does not necessarily
create value; value can only be created when certain economic demands
have been satisfied.
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DAHLEN & DW'YER, INC.
LAND VALUE ESTIMATE - BEFORE
1. County Road 30, approximately 112 mile East of Lexington Ave.:
Being the GZ of the Wz of the SE4 and the S 30 rods of' the
E 40 rods of the SW-, of the NEr1+ of Section 23. This was a47.5
acre parcel which sold in March of 1981 for $261,500.00. or $5,500/
acre. The sell°r was Slater and the buyer was Independent School
District #,96, Zoning was agricultural. The site was gently
rolling with some wooded areas. No utilities were available.
This was to be part of the future high school site for the
Rosemount School District_
2. County Road 30, approximately 112 mile East of Lexington Ave.:
Being the WZ of the W2 of the SW?, and part of the Wlf of
the WZ of the NE4 of Section 23. Sold in March of 1981 for
$255,750.00 or $5,500/acre. This was a 46.5 acre site which was
zoned Agricultural and was gently rolling with some wooded areas.
The buyer was Independent School District #196 and the seller was
Edwin Herrmann. No utilities were available. The site was part
of an assemblege for the Rosemount High School site.
3. East side of Pilot Knob Road, north of Deerwood Drive;
Being part of the SE4 of the NE4 of Section 22, Township
17, Range 23. This was an irregular shaped 8.46 acre parcel which
had approximately 367 feet of frontage on Pilot Knob Road. The
buyer was Eagan Grove Company. The parcel was below the grade of
Pilot Knob Road, gently rolling and it had some wooded areas.
Water was available along Pilot Knob Road while sanitary sewer
was in the area. There is no storm sewer.
4. East end of Deerwood Drive, 112 mile east of Pilot Knob Road:
Being the N 3601 of the W4 of the SE4, Section 22, Township
27, Range 23, except the E 330_2' thereof and subject to Deerwood
Drive. This is a 5 acre parcel which was purchased by Ron and
Kathieen Boil from Tom and Barbara Rooney in November of 1979 for
$35,000.00 or $7,000/acre. At the time of purchase, the zoning
was agricultural. The site was served by electricity and road
only.
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DAHLEN & DWYER, INC.
5. West side of Lexington Avenue, approximately 112 mile NE of
MeCarthv Lake
Being the N 365' of the S 993' of the 470' of the SE'r. of
the NE', of Section 22, Township 27, Rnage 23. Sold in December
of 1981 for $57,695.00 or $11,500/acre. This was a 5.017 acre
pareel whieh was rectangular in shape but was not served by any
utilities_ Water was in the general area. This was a cash sale
with the buyer being the Board of Trustees of United Methodist
Church and the seller being Lexington South, Ine.
6. Southwest corner of Lexington Avenue and Wescott Road:
Being the Nerly 51 acres of the E'z- of the NE4 of Seetion
22. Sold in December of 1983 for $642,000.00 or $12,588/acre.
The buyer was Gabbert developement and the seller was Lexington
South, Inc. This was a 51 aere parcel which was zoned R-1 and
P.U.D. The property was served by all utilities with the excep-
tion of sanitary sewer. The topography was gently rolling with
some steep slopes. The buyer assumed special assessments of
approxiamtely $30,000 for water main and laterals. Sanitary
sewer was expected to be available to serve the property in 1984.
The buyer will pay the special assessments for sanitary sewer.
The property is expected to contain a total of 129 single family
lots.
7. Southeast corner of Lexington Avenue and Wescott Road:
Being part of the NW4' of Section 23. Sold in Deeember of
1983 for $1,584,000.00 or $12,000/acre. This is a 132 acre pareel
which was zoned R-1 and P.U.D. The buyer was Northland Mortgage
Company and the seller was Lexington South, Inc. All utilities
were available with the exception of sanitary sewer which was to
be installed in 1984. The parcel was mostly flat and open. The
buyer is currently platting the property into approximately 330
single family lots. The buyer has agreed to pay all assessments
relating to the installation of sanitary sewer. Galaxy Road, at
its frontage, is not improved but is a gravel road with the
improvements being ehargedto the development.
Your appraiser has reviewed and visibly'inspeeted many
comparable land sales and offerings which are in the immediate
and general areas. Land sales in competitive areas were also
analyzed_ Adjustments for the sales reported herein were made
to reflect physical considerations, location attributes, zoning
considerations, access, topography, utilities and financing.
The previously reported sales, along with other sales that have
been analyzed indicate a value in the before situation to the
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land of $8,000/acre.which, when applied to 3.85 acres indicates
a land value in the before situation of $30,500.00 rounded.
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DAHLEN & DWYER, INC.
REPLACEMENT COST APPROACH - BEFORE
House, 1,176 sq.ft, @ $50.00/sq.ft_ $ 58,800.00
Garage 672 sq.ft. @ $12.00/sq.ft. 82064.00
Cost New of Hnuse and Garage $ 66,864.00
Less Depreciation of 15% say (10,064.00)
Depreciated Value of House and Garage $ 56,800_00
Carpet and Drapes $ 1,000.00
Lower Leve1 Development $ 2,500.00
Shed/Garage $ 500.00
Land (ineludes site improvements) $ 307500.00
Va1ue Indicated by Cost Approach $ 91,300.00
Rounded $ 911000.00
Depreciation Explained:
Depreciation from all causes is es.timated to be 15% which
takes into consideration the overall condition of the subject
property along with the minor funetional obsolescence present.
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LAND VALUE ESTIMATE - AFTER
1A. Southwest corner of Lexington Avenue and Wescott Road:
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Being the Nerly 51 acres of the EZ of the NE4 of Section
22. Sold in December of 1983 for $642,000.00 or $12,588/acre.
The buyer was Gabbert Development Company and the seller was
Lexington South, Ine. This was a 51 acre parcel whieh was zoned
R-1 and P.U.D. The property was served by all utilities with the
exception of sanitary sewer. The topography was gently rolling
with some steep slopes. The buyer assumed special assessments
of approximately $30,000 for water main and laterals_ Sanitary
sewer was expected to be available to serve Lhe property in 1984.
The buyer will pay the special assessments for sanitary sewer.
The property is expected to contain a total of 129 single family
lots.
2A_ Galaxy Auenue, south of Cliff Road:
Being the E'-z of teh NW; of Section 32, lying southerly of
The Minnesota Department of Transportation Plat No. 19-22. This
was a 37.6 acre site which was sold in February of 1983 for $405,689
or $10,786/acre. The parcel was zoned Agrieultural but was rezoned
to R-1, Single Family P.U.D. The buyer was Riverdale Development
and the seller was the Zylka Estate. The property was subsequently
developed as the Park View Addition and is currently the site of
Ruson Homes Construction.
3A. North side of Wilderness Run Road, about 500 feet easterly
of Waterford Drive:
Sold in September of 1982 for $148,645.00 or $15,500/acre.
This was an irregular shaped parcel containing 9.59 acres which
was purchased by Countryside Builders from Lexington South, Inc.
All utilities we:e available. The site was rolling and wooded.
The site was being developed with 56 townhouse units which indicates
a density of 5.8 units F-er acre. The seller was under considerable
pressure to sell at the time.
4A. Blackhawk Road, approximately 112 mile north of Cliff Road:
Being the NW; Of the SE4 of Section 29_ Sold in July of
1979 for $418,324.00 or $10,224/acre. This was a 40 acre parcel
which was purchased by Tilsen Homes from 1st Bank Saint Paul.
Zoning was R-3 and R-1. Thes was rolling open land with all
utilities available.
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REPLACEMENT COST APPROACH - AFTER
House, 1,176 sq.ft, @ $50.00/sq.ft.
Garage, 672 sq.ft. @ $12.00/sq.ft.
Cost New of House and
Cost New of House and Garage
Less Depreciation of 150/o
Depreciated Value of House and Garage
Carpet and Drapes
Lower Level Development
Shed/Garage
Land (includes site improvements)
Value Indicated by Cost Approach
Rounded:
$ 58,800.00
8.064.00
$ 66,864.00
say (10, 064.00)
$ 56,800.00
$ 1,000.00
$ 2,500.00
$ 500.00
$ 36,500.00
$ 96,300.00
$ 96,000.00
Depreciation Explained;
Depreciation from all causes is estimated to be 15% which
takes into consideration the overall condition of the subject
property along with the minor functional obsolescence present.
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DAHLEN & DWYER, INC.
DIRECT SP.LES COMPARISON APPROACH
This portion of the appraisal process involves the direct
comparison of the property being appraised to similar properties
having sold in the same or similar market in order to arrive at
an indicator of value for the subjeet property. This approach
is also called the Market Data Approach.
Among the basic real estate principles reflected in this
approach is the principle of substitution which states, in part,
that the value of a property replacable in the market tends to
be set by the cost of acquiring the equally desirable substi-
tute property assuming that no costly delay is encountered in
making tne substitution.
The application of this approach involves market research
to obtain recent sales of properties as similar as possible to
the subject. The sale prices of those properties deemed most
comparable tend to set the range in which the value of the
subject property wi11 fall. Differences between the comparable
sales and the subject are analyzed based upon market reaction to
a figure representing tne value of the subject property which
is the probable price that a willing seller could obtain as of
the date of the appraisal. The following analysis is a presen-
tation of the comparable sales which your appraiser believes
possess the highest degree of similarity to the subject property
and therefore provide an adequate reflection of the market value
estimate for the subjeet.
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DAHLEN & DWYER, INC.
DIRECT SALES COMPARISON APPROACH - BEFORE
Your appraiser has reviewed many sales and offerings of
homes felt competitive in the immediate and general areas. These
sales are included in the Addendum of this report_
Sales analyzed include 1350 Rocky Lane, Eagan whieh sold
in January of 1985 for $80,000. This was the sale of a California
style rambler located on a 2± acre site not served by sewer or
water. 3945 Pilot Knob Rcad in Eagan sold in September of 1984
for $117,500. This is the sale of a walk-out rambler located on
a 3 acre site which was not served by sewer or water. There was
a 28'x24' garage and a new 541x26' barn. 2125 Wuthering Heights
Road sold in September of 1984 for $88,500. This was the sale
of a larger rambler ori a 1 acre site. Sewer and water were in
the area but not conrieeted to the property. 580 South Greenleaf
Drive sold in April of 1984 for $119,000. This was the sale of-
a larger rambler built in 1973 located on a 1 acre site not served
by sewer or water.
Adjustments have been made to these sales for date of sale,
age, size, funetional utility, location, overall condition, appeal,
quality of construction, financing, utilities and extras. Based
upon my analysis of this market data, it is my opinion that the
market data approach to value indicates a value to the subjeet
property in the before situation of $89,000.00.
DIRECT SALES COMPARISON APPROACH - AFTER
Your appriser has reviewed many sales and offerings of
homes felt competitive in the immediate and general areas. These
sales are included in the Addendum of this report.
1455 Lone Oak Road sold in December of 1984 for $95,000.
This was the sale of a larger rambler built in 1955 and located
on a large wooded lot with pond. The site was served by city
sewer and water. 3938 Blackhawk Circle sold in June of 1984 for
$887000, This was the sale of a rambler built in 1972 on a site
served by sewer and water. The home was larger than subject but
was on a smaller site. 1345 Cosmos Lane sold in Mareh of 1985
for $100,000. This was the sale of a larger rambler on a site
which was served by city sewer and water. The home was on a
smaller site than the subject, but ane which also abutted a city
park. 3280 Dodd Road, Eagan, sold in October of 1984 for $84,500.
This was the sale of a similar sized rambler located on a 2+ acre
site which was served by ci.ty sewer and water. The home had
lower level development, two fireplaces and oil heat:
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DAHLFN & DWYER, INC.
Adjustments have been made to these sales for date of
sale, age, size, funetional utility, location, overall conditian,
appeal, quality of construction, financing and extras. Based
upon my analyis of this market data, it is my opinion that the
market data approach to value in the after situation indicates
a value to the subject property of $96,000.00.
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DAHLFN & DWYFR, INC.
BENEFITS
Your appraiser has analyzed the value of the subject parcel
in the before and after situation. Both ttie Replacement Cost
Approach to Value and the Direct Sales Comparison Approach have
been analyzed. The difference between the before and after values
would be the benefits accruing to the subject property as a result
of trunk water main Project No_ 3951. These benefits can be
summarized as follows:
Value of the subject property
. before the installation of
trunk water main Project No. 3951 $ 90,000.00
Value of the subject property
after the installation of
trunk water main Project No. 3951 $ 96,000.00
Benefits accruing to the subjeet
property as a result of trunk
water main Projeet No. 3951 $ 6,000.00
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DAHLEN & DWYER, INC.
SUMMARY AND CONCLUSION
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Munici.palities such as Eagan are authorized by Statute to
make local improvements and to assess properties benefited by such
improvements. Minnesota Statute 429.021 and 429.051 (1980). The
Statute provides that appeal from the levy of the local entity
may be taken to the District Court by the aggrieved party within
30 days after the adoption of the assessment. Minnesota Statute
429.081.
The Minnesota Supreme Court has established guidelines
for special assessments_ These guidelines are:
1. The land must receive a benefit from the
improvement being eonstructed.
2. The assessment must be uniform upon the same
class of property; and,
3. The assessment may not exeeed the benefit.
The referred way to determine benefits, if any, accruing
to a property is by the "before" and "after" method. Under this
method, which is usually the simplest approach, the value of the
property is estimated before the installation of trunk water main
and then estimated after the installation of trunk water main, the
difference between the two being the benefits accruing to the
property. In appraising the parcel, your appraiser has determined
that a willing buyer would pay a willing seller more for the
property due to the installation of the trunk water main along
South Lexington Avenue. This is strongly supported by land sales
in the after situation. In the after situation, the property is
now served by electricity, paved road and water.
Therefore, after an analysis of all factors, it is my opinionl
that the following values are applicable to the subject property:
Value of the subject property
before the installation of
trunk water main Project No. 395I $ 90,000.00
Value of the subject property
after the installation of
trunk water main Project No. 3951 $ 96,000.00
Benefits accruing to the subject
property as a result of trunk
water main Project No. 395I $ 67000.00
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DAHLEN & DWYER, INC.
REAL PAOPERTY ANALYSTS
CONTINGENT AND LIMITING CONDITIONS
The certification of the Appraiser appearing in the appreisal
report ie 6ubject to the folloving conditione and to euch other
specific and limiting conditione es ere eet forth by the
Appraiser in the report.
The Appraiser assumes no responsibility foz mat[era of a
legal na[ure affec[ing the property appraised or the title
[hereto, nor doea the Appraisez render any opinion as to
the Ci[le, which is assumed [o be good and marke[able. The
proper[y is appraised ae Chough under responsible ownecship.
2. Any sketch in the report may ahow approximate dimensions and
is included to assis[ the reader in visualizing the property.
The Appraiser has made no survey of the propezty.
3. The Appraiser is not required to give testimony or appear in
court because of having made the appraisal vith reference [o
the property in ques[ion, unlesa arrangeroents have been pre-
viously made [herefore.
4. Any dis[ribution of the valua[ion in the repor[ between land
and improvements appliee only under the existing program
utilization. The eeparate valua[ions for land and building
mu6t not be uaed in conjunction with any o[her appraisal
and are invelid if eo used.
5. The Appraiser assumea that there are no hidden oz unapparent
conditions of the property, euhsoil, or structures, vhich
vould render i[ more or lees veluable. The Appraiaer assumes
no responsibility for such conditions, or for engine.ering
vhich might be required [o diecover such fac[ora.
6. Informe[ion, estima[es, and opiniona #urnished to the
Appraiaer, and contained in the report, vere obtained from
sourcee considered reliable and believed to be true and
cozrect. However, no reeponsibility for accuracy of such
items furnished the Appraiser can be assumed by the Appraiaer.
7. Disclosure of the con[ente of the appraisal report ie governed
6y the Bylave and Regulationa of the professional appraisal
organiza[ions with vhich the Appraiser is affilia[ed.
8. Neither all, nor any part of the content of the report, or
copy thereof (including conclusionc ae to the proper[y, value,
the iden[ity of the Appraiser, professional designations,
reference to any profeasional appraisal organizations, or the
firm vith vhich the Appraiaer is connected), shall be used for
any purposes by anyone but the client specified in the report,
vithout the previous written consent of the Appraiser; nor
shall it be conveyed by enyone to the public through advertis-
ing, public relations, neve, sales, or o[her media, vi[hou[
the vri[ten consent and approval of the Appraiser.
9. On all appraisals, subject to satiafac[ory completion, repairs,
or altezations, the appraisal repor[ and value conclusions are
contingent upon comple[ion of the improvements in a vorkmanlike
manner.
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CERTI£ICATION
The precedinq appraisal analysis was performed according to
commonly accepted appraisal doctrine and is in conformity
with an3 subject to the requirements of the Code of Profes-
sional Ethics and Standards of Professional Conduct as pro-
fessed by the Society of Real Estate Appraisers and the
American Institute of Real Estate Appraisezs. As a
practicing p:ofessional Real Estate Appraiser, I hereby
certify that:
1. The Appraiser has no present or cantemplated future
interest in the property appraised; and neither the
employment to make the appraisal, nor the compensa-
tion :or it, is contingent upon the appraised value
of the property.
2. The Appraiser has no personal interest in or bias
with respect to the subject matter of the appraisal
report or the participants to the sale. The "Estimate
ot Market Value" in the appraisal report is not based
in whole or in part upon the race, co2or, or national
origin of the prospective owners or occupants of the
property appraised, or upon the race, color or national
origin of the present owners or occupants of the
properties in the vicinity of the property appraised.
3. The Appraiser has personally inspected the property,
both inside and out, ar.d has made an exterior inspec-
tion of all comparab':e sales listed in the report.
To the best of the Appraisei's knowledge and belief,
all statements and information in this report are
true and correct, and the Appraiser has not knowingly
withheld any significant information.
4. All contingent and limiting conditions are contained
herein (imposed by the terms of the assig:unent or by
the undersigned,affecting the analyses, opinions, and
conclusions contained in the report).
5. This appraisal report has been made in conformity with
and is subject to the reauirements of the Code of Pro-
fessional Ethics and Standazds of Professional Conduct
cf the appraisal organizations with which the Appz'aiser
is affiliated.
6. All conclusions and opiniens concerning the real estate
that are set forth in the appraisal report were prepared
by the Aporaiser whcse signature appears on the appraisal
report, unless in3icate3 as "Review Appraiser". Na
change of any i:em in the appraisal report shall be made
by anyone other than the Appraiser, and the Appraiser
shall have no respensibility fo -any such :thorized
change.
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A D D E N D U M
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Garae View
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I_,ooking southwesterly
a1: subject property
Prom South Lexingt;on Avenue
Access strip to pai°1: land
along southerly lot line
of' Subject parcel
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Ftesidential development
in 'i.he immediate ai^ea
Residential deve1opnient
in the i.mtnedi_ate area
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DIRECT SALES COMPARISON APPROACH - BEFaRE
k00998L-$64,500 S-$80,000 B iJeA
01/16/85 732 UAYS L8-8064 SB-8064 38R
900532 1-=87,000 S488,500 q 2BA
72/01/69 65 L1AV5 LB-4118 SB-8064 3BR
N W UPR DECK ] PA TIOi?YAXD. NPNACE 6 AC 3 YEANB OID
II I. _Ap_Hm_5,_ Ox MWY1?80.VENBEIL/WVfHENINGNG76
131f1
J_{ DR 1 1)M3p WSO Nea?OFA M'E_XOXE_ 11
E.tBfl68D AEf M
?AS
N Ip
HICIUOE _ _
M
Banl V WO AC V W p0 OV
15 K,t 1 10%13 9smi 91h Y F I 3 PI S p f?
f6 im Mai BtI? N flehi Y 3Mf WS _? %0
!7 M
IBOP ?
1 118%13
12Nn_9 G 7A Gdo Y 060 V_
C%tiAVALL UWN
_'?_"- New fmany PoesiDimes
EU6MITBU7EELLEflqElEflVE
19 6H
1
10%n _
GS AYAR y5D 191 __
1HE RIGlR Tp LDMT ppR06
20
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?_-- Plp 10011I0001078 IONG IEGAL
-
71 $fML/Tff 13/3/I1PD ---
nnn
?...
BO SOUTH 6REENLEAf DRIVEz22v1 E6
co DAKOil07120050135 vv wnv 61-10
LS I+ ACRE APK AC0. 1.00 Si L,SIE
sTY? RAMBiBUNG [G CONY
?fl I4XI8 EMTR WD/C fl s37,139
oR 13%]2 nR 2C A GDO IR 9.75%
K 12x13 /sv WELL SEPT P $366
R EI Neni FA rx 1682.46i8
f0. l4%17 FUEL PROP B 5921
13X14 ic Hs Y
g 11512 fftPL REC WDST 7eM FHA VA
EUPT REFR R/0 CONV -
gqTH 2 WSH DISP MICR rs DKrP PRC
eSMr WO FU /H WS-0 EAP
BEAUT7FUL WALKOUT RAMBLER IN MOVE-IN
CONDITION OVERLOOKS POND. CLOSE TO
MPLSiST.PAIII. SUNKEN LIVIN6 ROOM. L6
DECK OVERLOOKING POND. 2 WOOD
STORAGES BLOGS. 3-SEASONS PORCH. WET
?tSiertMARi VANKLEEK 423-284fi sa2.4 P
N01034L-=121,000 S-f117,500 C 1J50A
09107/84 113 nAVS LB-78 SR-4045 4BR
iu TO
11 P NA
L dN NGE. SEE
q . R. $? SVPPIEMFNi.
Dn. LS MI MO OF CLIR p
0
12LN 1 I0k1A M'SOYFS Heat HWO M iS19000 1 eCONV
13 pp 1 12%11 6rB0APD AEf1100 a00I-I 021173 ASh1
1410 INCL Bxm10 V!0 PC NO W RPST fED GD OV
15NIi ? lU(f2 PsmtBinY G It PIE?30.69 85 ±
16Fm L 24%U Mso Bih N Pehi Y 7M'CD$ ?. D
ll M 1 17%11 G 2 GIb Y HAO T Now Fnm.e Possihdiees
1BBq 1 13X10 CWNO UwY
I9 Bq 10%I1 CS NO 5D
2 0lR l 11%II PID10011000 1003
E1 SFM41{F12)D/1300
8 C[II.INGS QEAN h NEAT AS q PIX IST Fl LAIIHDNY, LOADS
9 Uf STOHAGE SPr1CF SITUPTEU pN 3F ACNES IXCWOINf, SMALI
8 MNFS Oi THE MINNE90T0. PNEP VALLFV. DEER VIBR BACN YANO.
9 NRNPE 86T ClO6E TO lHOPPIMG. WEII 9UILT NOME NA5 01K MILL.
8 AXOBEAUT1NlYAPO. WRlX0U1PANCNSTYIfNOMEWRNIFPPLCS
9 LAPGE GOUIRAM NffCHEN Of PIPCN CABIN[TS AND ISlANO COOK
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DIRECT SALES COMPARISON APPROACH - AFTER
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pO0534 L-}104,900 5-395,000 A 28A
12/01/84 83 UAYS Le-9374 SB-9374 3811
tlM514P iT [o .1nn n
2
.?
1345 COSMOS LANE z22v1 EG
co DAKDi309435308001 Wv nnv 50-7D
LS 8Sx248 APX ACP .00 Sv 1,736
5 96 PS 973 TF
rtn srrL RM18/BUNG ic CONV
L 207(12 exrR WDiC Bfl/S e $21,034
D aft 2C A IR BJSX
K 10X12 /sv CWTfl CSNR P S179
RK Henr F{L1TR tK 1625.40/6
F 20X14 vuEt WS e
14%13 /c Ns Y
a 11X9 vaPL FR ran FHA VA
s X 2 eoat Ri0 DWSH V CAS
e.ciN 3 S-0 -is DKiP
flsnT FUL
F N p
NEARIY 1/2 ACRE OF GHEEN LN1N, ADJOI
NED BY A CITY pARK & ACRO55 IS A
LAKE. IHAGINE HOW TH IS FiOME 41ILL DEL
IGNT VOUR CHILDREN. IF FAIIILY TO-
GETHERHESS IS IMPORT A4T-TNIS THE ONE
Ts CONV ovc NMLS o 3 5 D
LtsrEflY. BRECKENftIDGE 431-7999 S83.15
LDNELL BANKER 432-0020 CORA12
4013891-$90,900 3-$88,000 P 1J5BA
06/27/84 37DAVS 18-162 SB-7064 39R
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1 nJa 3918 BUGNHAWK CIN 8' u5 *a. f 1270 Ma Sa3C
1 Mun EAfiAN Zi 66123 CI DAN Ta. W SGe: S 1270 La4e M
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' Subdivision 2
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Zoning Map
The boundaries of the above districts are hereby established as shown on
that certain map entitled "Zoning Map of the City of Eagan, Minnesota,"
which map is properly approved and filed in the Office of the City Clerk,
hereinafter referred to as the "Zoning Map."
Said map and all of the notations, references and other information shown
thereon shall have the same force and pffect as if fully set down therein
and are hereby made a part of this Orctinance by reference and incorporated
herein as fully as if set forth herein at lengt67.
It shall be the responsibility of the City Clerk to maintain the "Zoning Map"
and make same available to the public.
Where a dispute arises over the City Clerk's determination of the exact
location of a district baundary, said dispute shall be heard by the Board
of Appeals And Adjustments for recommendation, with final determination to
be made by the City Council.
' Subdivision 3. "A" AGRICULTURAL DISTRICT
, A. Permitted Uses
Within any Agricultural Oistrict no structure or land shall be used except
' for one or more of the following uses or uses deemed similar by the City
Council.
1, All types of agricultural pursuits and accessory farm structures.
, 2. Comnercial greenhouses and nurseries.
3. Stands for the sale of agricultural products provided said products
are raised on the premises.
' 4, One-family detached dwelling.
5. Public parks, playgrounds and public utility service facilities.
' B. Conditional Uses
' Within any Agricultural District no structure or land shall be used for
the following uses or uses deemed simi1ar by the City Couneil except by a
conditional use per•mit:
, 1. Any conditional use in the "R-1" distrir.t as regulated therein.
2. Riding stables, boarding stables, auction facilities or sales
barns, canmercial feed lots or dog kennels 5ubject to the requirements
' of Ordinance No. 5 and revisions thereto.
3. Co mnercial storage faci1ities.
' C. Accessory Uses
Within any Agricultural -"A" Districti any accessory use permitted in an
' "R-1" District shall be permitted.
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' uw?vlsion 1. RESIqEN"fiAL OISIRICTS
F1. Fermitted Uru,
' Within any k-l, R-2, k-3, f'.-4 or k-5 Dsstrict, no structure
?r• land shall be used except for one or more of the follow-
, ing us: or uses dPemed 5imilar• by the City Council:
1. One ramily detached dwellings.
2. Two family dwellings (R-2, R-3, R-4 only)
? 3. Townhouses (nnly in R-3 and R-4 to a maxiw.um density n,
o,G:)Q square feet per unit.)
4, ApartmE.nts (R-4 nniy)
S. Horre ocr,upotions as defined in Scction ?2.05, Subdivisien
, 2Ci;.
6. Mobile homes (R-5 only and developed un(ier requirementF
' of Ordinance No. 2 and i-evisinns thereto)
B. Con(iitional Uses
' no structure
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or
Within any R-1, R-2, R-3, R-
o,• land shall be used for the tollov+ing use o,, uses deQmed
, similar by the City Council except hy conditional use per^it
1. Golf courses, country clubs and tennis clubs.
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C. Permit±ed Accessory Uses
1 Within any R-1, R-2, R-3, R-4 or R••5 Cistrict, no structure
or land or use of land shall be permitted exc.ept for one or
mt;re of the follov:ing use or uses deemed sim,ilar by the
, City Cauncil:
l. Private garages and parking spate
?. Private swimming pool, teonis court, recrFation buildinq
' or `ot-lot.
3. Buildings temporarily located for purpuses of construction
an the premises for a period of nut to exceed time neces-
' sary for such construction.
4. uarderiing and other horticultural uses wliere no sale of
products i 5 conr+ijcted nn the p^emises
' 5. Uecorative landscape features,
o. The keeping of domestic animals (househnld) fcr non-com-
mercial parruses, for the use ot the occupants of the pre-
' mises.
Subdivisicn 5. Minimum Air.a, ;etback and Height Requirement5
' rhe foll,;a,ng chart sh311 Pstabl7sh the minimum lot area, lot
f
or
width, buildiny setback and maximum heiqht req.nrements
the Agricultural and Residential Districts, Where a conflict
' may arise between the minimum requirements of this Section
and those contained in the General Provision Sectton 52,06
Subdivision 6C, the greater requirement shali be required.
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m m m m m m m m m m m a m m m m m i m
A. h1INIMUt1 AREA, SETQACK ANO NEIGHT REGULATIDPlS (Also See Section 52.06 Subdivision rC)
SIDE-YARD SETDACK
FRONT-YARD OR GARAGE OR MAXII!CM
SETBACK ALONG DNIELLIN6 ACCESSORY REAR-YARD HEIGHT
YMGOL USE DISTRICT L07 AREA LOT WIDTH PUBLIC STP,EET UNIT STRUCTURE SETBACK LIIIITATIONS
A Agricultural 5 ac. per 300,feet 30 feet 30 feet 5 feet 30 feet -----
dwelling
unit
R-1 Single Family 12,000 85 feet 30 feet 10 feet 5 feet 15 feet 2-1/2 sterie?
sq, ft.
1 ac. w/o
municipal
sewer & •
water
R-2 Double 15,000 100 feet 30 feet 10 feet 5 feet Teev 2-1/2 stcrie:
sq. fit,
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R-3
Townhouse
61000 sq. ----
30 feet
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10 f2ec ? --__
30 ft for a
3 star`,es
ft. per l dwelling
unit ?
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10 ft. for a
3ccessory
building
R-4 Multiple See Section 52.07 50 feet 30 feet 10 feet 30ft. for a
Dwetling Subdivision 56 dwelling
unit
10 ft. for a -.-
accessory
build;ng
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DAHLEN & DWYER, INC.
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DANIEL E. DWYER
EDUCATION:
DAHLEN & DWYER, INC.
170 Norwest Center 'ower
St. Paul, Minnesota 55101
Graduate of the College of St. Thomas 1967
Course 1-A, American Institute of Real Estate Appraisers 1971
Course 1-B, American Institute of Real Cst;ate Nppraisers 1973
Ameriean Appraisal Company Cost Estimating Seminar 1973
Course II, Ameriean Tnstitute of Real Estate Appraisers 1974
Course IV, American Institute of Real Estate Appraisers 1979
Eniinent Domain - Advanced Legal Cducation 1980
EXFERIENCE:
Since 1971 actively involved in the appraisal of residential,
commercial and industrial real estate
Presidcnt, Dahlen & Dwyer, Ine., a Minnesota Corporation
Instructor, appraisal seminars, MinneapolislSt_ Paul
[,etrvpolitan Area
Qualified as expert witness on real estate values
APPRAISAL ASSIGNMENTS:
Equitable Relocation
Homequity, Inc.
Mei°rill L,ynch Relocation Management
Relocation Resources, Inc;.
Residential Relocation Service Corp.
Employee Transfer Corporation
U. S. Steel Corporation
Del.uxe Cheek Printers
United First Mortgage
United Mortgage Corporation
Northland Mc?rtgage Corporation
First Barik St. Paul.
['irst Ban4c Minnehaha
Fii,st Bank Grand
Western State Bank
Commercial State Bank
Norwest Ban]<
Cit,y of Eagan
City of St. Paul
City of Roseville
City of White Bear Lake
City of Vadnais Heights
Ramsey County Parks & Open Space Department
Numerous attorneys and private individuals