2B, Trinity Lutheran & Hazelnut Park

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;p .S{ x •!E n THE VALUATION PROCESS Property: Three Vacant Residential Parcels Y x Property Address: 90,000 Square Foot Portion Of xy 3245 New Brighton Road „M Arden Hills, Minnesota 55112 3• t Zonis : R2 Single Family&Two 'g g y o Family Residential District Site Area: 20,000 to 50,000 square foot parcels totaling 90,000 square feet a, according to the site plan provided by the owner. These parcels are q; part of a 4.55 acre church site. Personal Property: Not addressed in this a v Ppraisal. .....------ 7 { Property Identification Numbers: h 33-30-23-31-0045 Le al Description: f air Part Of Lot 33 Lying E & Se Of Line Beg On Extended E Line Of Prior Ave & S Line Of Sd Lot Th N 173.85 Ft Th Curve R With Radius Of 158.42 Ft For 68.89 Ft Th Ne Tangent To'Sd Curve 184.42 Ft Th Curve R With Radius Of 99.11 Ft For 67.29 Ft Th Ne Tangent To Sd Curve For 180 Ft To E Line Of Sd Lot 33 Auditor's Subdivision No. 8�:. 0, Ramsey County, MN A„ a IDENTIFICATION OF PROPERTY RIGHTS TO BE VALUED iy f c• a i; Fee Simple: The subject real estate will be appraised in fee simple interest. Fee simple interest 'pp p p es is defined s as: absolute ownership unencumbered by any interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power and escheat 4L PURPOSE AND INTENDED USE OF APPRAISAL F y, The purpose of the valuation process is to estimate Market Value (as defined b the Office of by the Comptroller of the Currency under 12 CFR, Part 34, Subpart C) of the fee simple interest. This appraisal addresses the as Is condition. Y. The use of an appraisal is the manner in which a client employs the information contained in the appraisal report. A value estimate may be used to determine price, amount of loan, basis for 1;. taxation, terms of a lease, eminent.domain .etc. e , JF 3t 4 ' The Appraisal of Real Estate,Thirteenth Edition,pg. 114. e kit:.