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City of Centerville Sales for the 2023 Assessment <br />Residential Sales Counts <br />Number of sales that were used for the sales study 53 <br />Sales that were rejected and breakout of each reason: <br />Sale Reject Reason Codes from Dept. of Revenue Counts for each reject code <br />02 - Relative Sale <br />03 -- a. Exempt Party, b. Government Agency Sale <br />4 <br />0 <br />04 - Partial Interest Sale <br />1 <br />05—Statutory Classification Change <br />0 <br />06—a. Income Guarantees, b. Non -cash, c. Unusual Financing <br />0 <br />07—a. Physical Change, b. Renovation <br />22 <br />08 — a. Correction Deed, b. Quit Claim Deed <br />0 <br />09 — a. Estate Sale, b. Gift, c. Trade <br />2 <br />10 - Prior Interest Sale <br />0 <br />12 - PTCO Instructed Reject <br />0 <br />14 --a. Contract Payoff, b. Mortgage Assumption <br />1 <br />15 — a. Forced Sale, b. Foreclosure, c. Legal Action, d, Short Sale <br />2 <br />16—a. Split/Combined Sales, b. Value Not Available <br />0 <br />17 - Excessive Non -Real Property <br />0 <br />18 — a. Default (on contract for deed), b. Rewrite of Terms <br />0 <br />19 - Relocation <br />0 <br />20 - Leaseback <br />0 <br />21- Bank Sale (including HUD sales) <br />0 <br />22 - Below Minimum Down Payment <br />0 <br />23 - Sale Under Minimum <br />0 <br />24 - Multi County Sale <br />0 <br />25 — a. Agricultural Preserve, b. Assessment Agreement <br />0 <br />26 - Not Typical Market <br />0 <br />27 - Court Ordered Value <br />0 <br />29 - Allocated Sale Price <br />0 <br />30 - Assessor Restricted Value <br />0 <br />31- Assemblage <br />0 <br />Vacant Land Sales <br />4 <br />Total sales that were not used for the residential sales study 36 <br />Total Residential sales 89 <br />Commercial/Industrial/Apartment Sales Counts <br />Vacant Land Sales (not used for the sales study) <br />5 <br />Sales that were considered "qualified" <br />2 <br />Sale submitted by title company after the state deadline <br />1 <br />Total C/I sales 8 <br />Grand total of all City of Centerville Sales 10/1/21-9/30/22 97 <br />Public resource to look up sales/eCRV's: https://www.mndor-State.mn.us/ecrv_search/app/openCustomSearch <br />