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<br />Property Description
<br />Property Address 2018 Hamline Avenue City Roseville State MN ZoCode 55113
<br />LeaalDescriplion See Attached Addendum County Ramsey
<br />Assessor's Parcel No. 152923130024 Tax Year 2002 RE, Taxes $ 504.66 Special Assessments $ 51.34
<br />Bo"ower N/A Current Owner Greater Metro Housina Corp Occupant: IXI Owner I I Tenant I I Vacant
<br />" PrODertv riahl. aD praised IXI Fee Simple I I leasehold I Praied Type I PUD [l Condominium (HUDNAonlv) HOA$ None IMo.
<br />Neiohb",hood or Proiecl Name Roseville Map Reference 107-01 Census Tract 5120-417.00
<br />Sale Price $ N/A Date of Sale N/A Descri tion and $ amount of loan charaes/concessions to ba paid by sell" None
<br />lender/Client Greater Metropolitan Housinq Corp Address 15 South 5th #710, Minneapolis, MN 55402
<br />Appraiser Michael Annunziata Reaistered Real ProD Address 222 Little Canada Road Little Canada MN 55117
<br />location W Urban !2S1 Suburban W Rural PredDminant Single family hDusing Present land use % Land us. change
<br />Buill up [Z] Over 75% 0 25-75% 0 Under 25% Dccupancy f~E ~~f One family ~ [Z] Not likely 0 Likely
<br />Growth rate 0 Rapid [Z] Stable 0 Slow IZI O'Mler ~ low ~ 24 family ~ 0 In process
<br />Property values 0 Increasing IZI Stable 0 Declining 0 Tenant 400 Hioh 1 00 .Multi-farrj~ ~ To: Not Applicable
<br />Demand/supply 0 ShOftage oo!nbalaloo 0 OM"-I'f'It 00 Va<mt(IJ.5%) Ii_, Predominant _I Commercial 5%
<br />Marketinotime !Xi Under3roos. n 3-6 mos. n Over 6 mos. n V'''''('''''''I I 200 I 180 fVacant) 5%
<br />NDte: Race and the racial compDsition Df the neighbDrhoDd are nol appraisal factors.
<br />Neighborhood boundaries and charaderi.tics: The neiQhborhood boundaries are Hiqhwav 36 to the north, Rice Street to the east
<br />. Larpenteur Avenue to the south and Hiqhwav 280 to the west.
<br />. Fado," that affect Ihe marketability of Ihe properties in tha neighbo,hood (proximity 10 employment and amenities, employmant stability, appeal 10 market, etc.):
<br />. Hamline Avenue is a well traveled residential street. Hiqhway 36, a maior traffic arterY is within one mile and offers
<br />access to shoppinq, schools, employment centers freeways and recreational areas. Property values have been
<br />stable. Demand for the area is averaqe. Improvements do conform to the surroundinq homes. The neiqhborhood has
<br />no apparent adverse faclors affeclinQ the subiect's marketability. See attached for additional comments.
<br />
<br />UNIFORM RESIDENTIAL APPRAISAL REPORT
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<br />File ND. 20103427
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<br />Markel conditions in the subject neighborhood (including supporl for the above conclusions relaled to the trend 01 property values, demand/supply, .nd marketing time
<br />.. such as data on compelitive properties fa, sala in the neighborhood. description of the prevalence of sal.s and financing concessions, etc.):
<br />For the subject's MLS marketinq district #702 MLS statistics indicate that 58.53% of alllistinas are sellinQ with an
<br />averaqe marketinq time of 17 days. Sellers are receivinq 99.62% of the askinq price. Financinq at the present time is
<br />readilv available from a variety of sources which benefits both potential buvers and sellers.
<br />
<br />. PrDJect Information for PUPs (If applicable).. Is the developer/builder in conlrol of the Home Owners' Association (HOA)? U YES UNO
<br />Approximete total number of units in the subject project N/A . Approximate tolal number of units for sale in the subject project N/A
<br />Describe common elements and recreational facilities: Not Aoplicable.
<br />Dimensions 116 X 134 Topography Level
<br />Silearea 15544 Sq.Ft. Corner lot IX] Yes U No Size 15544 SF
<br />Specilic zoning classllication and descriplion R-1 Sinqle Family Residential Shape Rectanqular
<br />Zoning compliance IZI legal 0 lagal noooonfcming(Grandfatheredusa) U lilegal U No zoning Drainage Slopes to East-Avq
<br />HiQhest & best use as improved: rXlpresent use n Olhe, usa fex tain] View Averaae/Residential
<br />Utilities Public Other Off-site Improvements Type Public Private landscaping Under Construction
<br />Electricity IZI 200 AMP CB Street Bituminous [Z] 0 Driveway Surface Soecs
<br />Gas IZI CurblguUer Concrete [ZJ 0 Apparent ea.ements Normal Utilitv
<br />Water IZI Sidewalk None 0 0 FEMA Special Flood Hazard Nea U Yes !XJ No
<br />Sanitary sewer ~ Street lights Yes ~ ~ FEMA 20ne NSFHA Map Dete 3/30f81
<br />Storm sewer IXI Allev None I I I I FEMA Map No. 270599
<br />Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconfofmil1g zoning, usa, etc.): Improvements
<br />will face west. Builder is responsible for backfill and final qrade.
<br />
<br /> GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION
<br /> No. of Units One Foundation Conc-Gd Slab No Nea Sq.Ft. 1026 Roof Good [Z]
<br /> No. of SI",;es Two Exterior Walls Vlnvl-Good DaM Spa:a No % Finished 0% Ceiling Good IZI
<br /> Type (DeI.lAU.) Detach Roof Surface Asph Sh-Gd Basement Full Ceiling NfA Walls Good [Z]
<br /> Design (Style) 2 StorY Gulfers & OWnspfs. Alum-Good Surrp Pump No Walls N/A Floor Good [ZJ
<br /> Existing/Proposed UndConst 'Mndow Type DH-Good Dampness New Const. Floo, N/A None ==0
<br /> Ago (Yrs.) New St",mlScreens Combo-Gd Selflement New Canst. Outside Enlry Unknowl1 - 0
<br /> Effective Ace Y,s,) 0-1 Manufactured House No Infestation New Const. Good
<br />. ROOMS Fover Livino Dinino Kitchen Den Famil Rm. Rec. Rm. Bedrooms # Baths Laundry Other Nea SaH.
<br /> Basement 1,026
<br /> level 1 X 1 1 1 .5 X Dnet 1,026
<br />. level 2 4 2 918
<br />.
<br />
<br /> Finj.s.hed area above arade -contains: 7 Rooms' 4 Bedroom 5 . 2.5 Balhls\; 1 944 Seuare Feet of Gross Livino AIea
<br /> INTERIOR Materials/Condition HEATING KiTCHEN EQUIP. ATTIC AMENITIES CAR STORAGE;
<br /> Floors CrpNnl-Good Type FA Re~igerat'" 0 None 0 Fireplace(s) # ~ 0 None 0
<br />. Walls Drywall-Good Fuel Gas Range/Ove" 0 Stairs 0 Patio 0 Garage # of cars
<br /> TrimJFinish Oak-Good Cor1(fitionGood Disposal 0 Drop Slai, 0 Deck 0 Alfached 2 Cars
<br /> Bath Floor C. Tile-Good COOLING Dishwasher 0 Scuttle [ZJ Porch 0 Detached
<br /> Bafh Wainscot C.Tile-Good Cen~al No FanlHood 00 Fioor 0 Fence 0 Buill.ln
<br /> Doors Flush-Good Other N/A Miqowave 0 Healed R Pool R Carport
<br /> ConditionN/A Washer/Drver n Finished Drivewav 2 Wide
<br /> Additional feafures (special energy efllcien! ifems. etc.): The subject has a hiqh efficiency heatinq system and windows. The exterior
<br /> walls are 2 x 6. See attached comments.
<br />
<br />Condition of ~he Improvements, depreciation (physical, funclional, and external), 'epalrs needed, quality of conslructlon remodelmgladdil1ons, elc The
<br />construclton qualltv IS qood which IS tvpical for the area. The subiect is new construction. At the time of inspection,
<br />construction was 80% finished. See attached for additional comments.
<br />
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<br />Adverse envlronmenfal conditions (such as, but not limited t?, hazard?us wastes, toxic subslances, etc.) present!n the I~provem~nls, on the site, or in tho
<br />immediate vicinily of the subjed prope,ty: Per visual inSpection, knowledqe of the area and diSCUSSions with local realtors there
<br />are no adverse environmental conditions noted.
<br />
<br />Ff~d1eMa(;Form71} 6-.93
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