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0 <br />I'] <br />1 <br />1 <br />[I <br />n <br />I <br />�7 <br />H. <br />1 <br />I <br />1 <br />1 <br />DAMEN & DV1vrM, INC. <br />COMPARABLE LAND SALES <br />Sale #1: Northwest Currier Arl ingf.on Avenues and Cumberland <br />Street., St.. Paul, being Lots I thr•oragh 28, 111or.k 13, Edwin M. <br />Ware's Cumberland Addi t.ion. Sold in November )983 t'or $220,000 <br />or $1 .38/S. F. This was ci sale Fr1' 3.66 acre s i t c- served by all <br />utilities and zoned 11--3. The seller was tale `I. Paul School <br />Uist.rict and the buyer was Ken Bacchus. The S I tV WEIS t>urChus(!d <br />for the construction of single family dwellings. <br />Sale #2: 14th St.reel. Northwest and 23rd Avenue in New <br />Brighton. Beings lots G and 7, Pike Lake Instates. Sold in June <br />1983 for $68, ODO or $ 1 . 49/S . F. Seller was l:he (,i. try of New <br />Brighton and the buyer wab W. Robert Strobel. The site contained <br />45,642 S.F. and was served by all uti l i.t::ies. Ji. was purchased <br />for residential development and had the potential for three <br />bu.i .lding; sites. <br />Sale: #3: Hazelwood Avenue but.ween Cope Avenue and Sherre.n <br />Avenue, Maplewood. Being the South 280' of the East 288' of the <br />Northeast, quarter of t:he Southwest. gUart-.er of Section 10, <br />Township 29, Range 22. So.ld in September 1986 for $75,000 or- <br />$1.18/S.F. The seller was the estate of Pet.er M. Mori.t:z and the <br />buyer was William, E. Bossard. This was a 63,750 S.F. site served <br />by al l ut.i l it:ies and purchased for resl.dent:ial development.. A <br />total of 6 sites could be platted. <br />Sale: #4: North of Lary.)entnur Avenue and West of TaLum <br />Sl:reet in falcon Heights. Being part of the Southwest quarter' of <br />Sect. ion 16, Township 29, Range 23. Sold in September 1985 for <br />$262,OOU or $1. 14/S. F. This was the salt: of a 5.2 arse site <br />served by all ut. i l i. t i es an(] zoned res i den t: i a l . The s:i l.e wa►s <br />purchased for residential subdi.visi.on. The buyer was Strad:ford <br />1nvesLment: Limii.ed. <br />Sale #5: sid(. of Dodd Hoed approximately 1/2 mile to <br />l:lee south of Highway 1.1.0 in Mendota Heights. Sold in March .1986 <br />for $156,500 or $1.23/S.F. This was a 126,724 S.F. sit :e served <br />by all. utili.t:ies and zoned R--1. or single family residential. The <br />site was purchased for the construci.— ion of a church. <br />Sala 96: East: side of Highland Avenue approximately 300' <br />south of County Road K in W:;ite Bear bake. Bering; Lot. 3, 4 and. 5, <br />Block 1., and Lots 1 through 7, Block 2, Ulmer Park. Sold in <br />March 1985 for $180, 000 or $.1..50/S. F. This was the sale: of a <br />2.75 acre site which was served by all. utilii:i.es. The seller <br />was lllmer and the buyer was P.C.I. Development. The site was <br />purchased for the construction of single family dwellings. <br />1 <br />13 <br />