Real Estate and Tax StatementsProperty Detail
Page 1 of 2
The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be
independently verified by the recipient of this report with the applicable county or municipality.
Courtesy of Ron Touchette, NorthstarMLS
Generated on 04/19/2017
118-264-001010, MN, Wright County
Beds
N/A
Bldg Sq Ft
N/A
Lot Sq Ft
172,058
CREV Sale Price
$684,720
Baths
N/A
Yr Built
N/A
Type
COM-NEC
CREV Sale Date
06/20/2016
Bank Owned Sale
Owner Information
Owner Name:521 Land Co LLC Taxpayer Zip:55330
Taxpayer Address:508 Freeport Ave Nw #a Taxpayer ZIP+4:1874
Taxpayer City and State:Elk River, MN Taxpayer Carrier Route:C005
Location Information
Municipality:Otsego School District Name:Elk River
Census Tract:1001.00 School District:728
Subdivision:Otsego Waterfront East 3rd
Add
Section #:14
Lot:1 Township #:121
Block:1 Range #:23
Tax Information
PID#:118264001010 Special Assessment:$25,002
PID:118-264-001010
Legal Description:SECT-14 TWP-121 RANGE-023 OTSEGO WATERFRONT EAST 3RD ADD LOT-001 BLOCK-001
Assessment & Tax
Assessment Year 2015 2014 2013
Estimated Mkt. Value - Total $409,700 $409,700 $500,400
Estimated Mkt. Value - Land $409,700 $409,700 $500,400
Taxable Mkt. Value - Total $409,700 $409,700 $500,400
Taxable Mkt. Value - Land $409,700 $409,700 $500,400
YOY Taxable Mkt. Value Chg ($)$0 -$90,700
YOY Taxable Mkt. Value Chg (%)0%-18.13%
Payable Tax Year Total Tax Change ($)Change (%)
2014 $54,870
2015 $48,896 -$5,974 -10.89%
2016 $46,884 -$2,012 -4.11%
Characteristics
Lot Acres:3.9499 Land Use - County:Comm Land & Bldgs
Lot Sq Ft:172,058 Land Use - CoreLogic:Commercial (NEC)
Last Market Sale & Sales History
Recording Date:06/27/2016 Deed Type:Limited Warranty Deed
Sale Date:06/20/2016 Owner Name:521 Land Co LLC
Sale Price:$684,721 Seller:Gci Cap Inc
Recording Date 06/27/2016 05/05/2010
Sale/Settlement Date 06/20/2016 03/30/2010
Sale Price $684,721 $8,850,000
Buyer Name 521 Land Co LLC Gci Cap Inc
Seller Name Gci Cap Inc Deputy Sheriff Of Wright County
Property Detail
Page 2 of 2
The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be
independently verified by the recipient of this report with the applicable county or municipality.
Courtesy of Ron Touchette, NorthstarMLS
Generated on 04/19/2017
Document Type Limited Warranty Deed Certif Of Sale-Sheriff/Marshal
Multi/Split Sale Type Multi Multi
Certificates of Real Estate Value
CREV Sale Date Buyer Name Filing Date CREV Sale Price CREV #CREV ID
06/20/2016 521 Land Co LLC 01/01/2016 $684,720 519514 4398123
CREV Sale Date 06/20/2016
CREV Sale Price $684,720
Buyer Name 521 Land Co LLC
Buyer Address 508 Freeport Ave Nw #a
Buyer City/State/ZIP Elk River, MN, 55330
Seller Name Gci Capital Inc
Seller Address 437 Bridge Ave
Seller City/State/ZIP Albert Lea, MN, 56007
Down Payment $684,720
Planned Use Desc Vacvacant
Property Map
*Lot Dimensions are Estimated
Sect-14 Twp-121 Range-023 OTSEGO
WATERFRONT EAST 3RD ADD Lot-001
Block-001
45,150.00
22,575.00
22,575.00
Step
First-half Taxes:
Second-half Taxes:
Total Taxes Due in 2017:3
PROPERTY TAX STATEMENT
TAX STATEMENT
2016 Values for Taxes Payable in
PROPOSED TAX
Proposed Tax:14,049.22
Sent in November 2016
Step
Step
2
409,700
409,700
COMM
409,700
COMM
Estimated Market Value:
New Improvements/
Expired Exclusions*:
Taxable Market Value:
Property Classification:
20172016
2017
VALUES & CLASSIFICATION
Taxes Payable Year:
Improvements Excluded:
1
Homestead Exclusion:
409,700
Sent in March 2016
R118-264-001010
Taxpayer ID Number:
Property ID#:
521 LAND COMPANY LLC
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
Robert J Hiivala
WRIGHT COUNTY AUDITOR/TREASURER
10 SECOND STREET N.W. ROOM 230
BUFFALO, MN 55313-1194
763-682-7572 or 763-682-7584
www.co.wright.mn.us
$$$REFUNDS?You may be eligible for one or even two refunds to reduce your property tax.
1. Use this amount on Form M1PR to see if you are eligible for a property tax refund.
2. Use these amounts on Form M1PR to see if you are eligible for a special refund.
(0728 )
(CITY OF OTSEGO )
13,897.22
13,897.22
3,245.06
3,101.59
3,753.02
2,770.60
1,026.95
13,897.22
14,381.12
14,381.12
3,274.27
3,107.25
3,985.64
3,021.50
992.46
14,381.12
45,150.0046,884.00
WTR/SWR/STR 289308-0 9,726.64
WTR/SWR/STR 29830A-0 7,175.38
WTR/SWR/STR 29830B-0 7,175.38
WTR/SWR/STR 29830C-0 7,175.38
Principal $ 25,002.21
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3. Your property taxes before credits
4. Credits that reduce your property taxes
A. Agricultural market value credit
B. Other credits
5. Property taxes after credits
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7. City or Town
8. State General Tax
9. School District A. Voter approved levies
B. Other local levies
10. Special Taxing Districts
11. Non-school voter approved referenda levies
12. Total property tax before special assessments
Special Assessment Totals
14. YOUR TOTAL PROPERTY TAX AND SPECIAL ASSESSMENTS
32,502.88 31,252.78Interest $ 6,250.57
13. Special Assessments on Your Property
$22,575.00
$22,575.00
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PAYABLE 2017 1ST HALF PAYMENT STUB
PAYABLE 2017 2ND HALF PAYMENT STUB
ID Number:
Bill Number:
MP# R118-264-000010
$45,150.00
521 LAND COMPANY LLC
MP# R118-264-000010
MAKE CHECKS PAYABLE & MAIL TO:
Robert J Hiivala
Wright County Auditor/Treasurer
10 Second Street N.W., Room 230
Buffalo, MN 55313-1194
No Receipt Unless Requested. Your cancelled check is your receipt. This Receipt is void if check is not honored.
No Receipt Unless Requested. Your cancelled check is your receipt. This Receipt is void if check is not honored.
Property ID Number:
Property ID Number:
Penalty
Penalty
2nd Half Total Amount Due
1st Half Tax Amount Due
File by August 15. If this box is checked, you owe delinquent taxes and are not eligible.
521 LAND COMPANY LLC
253543
71523
If your address has changed please check this box and
show the change on the back of this stub.
If your address has changed please check this box and
show the change on the back of this stub.
ID Number:
Bill Number:
253543
71523
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
TO AVOID PENALTY PAY ON OR BEFORE: OCTOBER 15, 2017
TO AVOID PENALTY PAY ON OR BEFORE: MAY 15, 2017
PLEASE READ THE BACK OF THIS STATEMENT FOR IMPORTANT INFORMATION
PLEASE READ THE BACK OF THIS STATEMENT FOR IMPORTANT INFORMATION
MAKE CHECKS PAYABLE & MAIL TO:
Robert J Hiivala
Wright County Auditor/Treasurer
10 Second Street N.W., Room 230
Buffalo, MN 55313-1194
253543
R 118-264-001010
A.
B.
C.
D.
R 118-264-001010
Property Description:
2016 2017Taxes Payable Year
Property Address:
Special Assessment Breakdown:
2017 Property Tax
Statement
2nd Half Tax Amount
$45,150.00Total Property Tax for 2017
Total Property Tax for 2017
1st Half Tax Amount
See Left for Breakdown of Special Assessments
Property Detail
Page 1 of 2
The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be
independently verified by the recipient of this report with the applicable county or municipality.
Courtesy of Ron Touchette, NorthstarMLS
Generated on 04/19/2017
118-264-000010, MN, Wright County
Beds
N/A
Bldg Sq Ft
N/A
Lot Sq Ft
450,483
CREV Sale Price
$684,720
Baths
N/A
Yr Built
N/A
Type
COM-NEC
CREV Sale Date
06/20/2016
Bank Owned Sale
Owner Information
Owner Name:521 Land Co LLC Taxpayer Zip:55330
Taxpayer Address:508 Freeport Ave Nw #a Taxpayer ZIP+4:1874
Taxpayer City and State:Elk River, MN Taxpayer Carrier Route:C005
Location Information
Municipality:Otsego School District:728
Census Tract:1001.00 Section #:14
Subdivision:Otsego Waterfront East 3rd
Add
Township #:121
Lot:A Range #:23
School District Name:Elk River
Tax Information
PID#:118264000010 Special Assessment:$65,449
PID:118-264-000010
Legal Description:SECT-14 TWP-121 RANGE-023 OTSEGO WATERFRONT EAST 3RD ADD OUTLOT A
Assessment & Tax
Assessment Year 2015 2014 2013
Estimated Mkt. Value - Total $1,072,300 $1,072,300 $1,055,900
Estimated Mkt. Value - Land $1,072,300 $1,072,300 $1,055,900
Taxable Mkt. Value - Total $1,072,300 $1,072,300 $1,055,900
Taxable Mkt. Value - Land $1,072,300 $1,072,300 $1,055,900
YOY Taxable Mkt. Value Chg ($)$0 $16,400
YOY Taxable Mkt. Value Chg (%)0%1.55%
Payable Tax Year Total Tax Change ($)Change (%)
2014 $132,114
2015 $126,674 -$5,440 -4.12%
2016 $121,482 -$5,192 -4.1%
Characteristics
Lot Acres:10.3417 Land Use - County:Comm Land & Bldgs
Lot Sq Ft:450,483 Land Use - CoreLogic:Commercial (NEC)
Last Market Sale & Sales History
Recording Date:06/27/2016 Deed Type:Limited Warranty Deed
Sale Date:06/20/2016 Owner Name:521 Land Co LLC
Sale Price:$684,721 Seller:Gci Cap Inc
Recording Date 06/27/2016 05/05/2010
Sale/Settlement Date 06/20/2016 03/30/2010
Sale Price $684,721 $8,850,000
Buyer Name 521 Land Co LLC Gci Cap Inc
Seller Name Gci Cap Inc Deputy Sheriff Of Wright County
Property Detail
Page 2 of 2
The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be
independently verified by the recipient of this report with the applicable county or municipality.
Courtesy of Ron Touchette, NorthstarMLS
Generated on 04/19/2017
Document Type Limited Warranty Deed Certif Of Sale-Sheriff/Marshal
Multi/Split Sale Type Multiple Multi
Certificates of Real Estate Value
CREV Sale Date Buyer Name Filing Date CREV Sale Price CREV #CREV ID
06/20/2016 521 Land Co LLC 01/01/2016 $684,720 519514 4398123
CREV Sale Date 06/20/2016
CREV Sale Price $684,720
Buyer Name 521 Land Co LLC
Buyer Address 508 Freeport Ave Nw #a
Buyer City/State/ZIP Elk River, MN, 55330
Seller Name Gci Capital Inc
Seller Address 437 Bridge Ave
Seller City/State/ZIP Albert Lea, MN, 56007
Down Payment $684,720
Planned Use Desc Vacvacant
Property Map
*Lot Dimensions are Estimated
Sect-14 Twp-121 Range-023 OTSEGO
WATERFRONT EAST 3RD ADD OUTLOT A
116,984.00
58,492.00
58,492.00
Step
First-half Taxes:
Second-half Taxes:
Total Taxes Due in 2017:3
PROPERTY TAX STATEMENT
TAX STATEMENT
2016 Values for Taxes Payable in
PROPOSED TAX
Proposed Tax:35,556.98
Sent in November 2016
Step
Step
2
1,072,300
1,072,300
COMM
1,072,300
COMM
Estimated Market Value:
New Improvements/
Expired Exclusions*:
Taxable Market Value:
Property Classification:
20172016
2017
VALUES & CLASSIFICATION
Taxes Payable Year:
Improvements Excluded:
1
Homestead Exclusion:
1,072,300
Sent in March 2016
R118-264-000010
Taxpayer ID Number:
Property ID#:
521 LAND COMPANY LLC
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
Robert J Hiivala
WRIGHT COUNTY AUDITOR/TREASURER
10 SECOND STREET N.W. ROOM 230
BUFFALO, MN 55313-1194
763-682-7572 or 763-682-7584
www.co.wright.mn.us
$$$REFUNDS?You may be eligible for one or even two refunds to reduce your property tax.
1. Use this amount on Form M1PR to see if you are eligible for a property tax refund.
2. Use these amounts on Form M1PR to see if you are eligible for a special refund.
(0728 )
(CITY OF OTSEGO )
35,172.98
35,172.98
8,195.63
7,833.85
9,479.18
7,036.76
2,627.56
35,172.98
36,398.49
36,398.49
8,272.47
7,848.13
10,066.74
7,671.34
2,539.81
36,398.49
116,984.00121,482.00
WTR/SWR/STR 289308-0 8,487.21
WTR/SWR/STR 289308-1 8,487.21
WTR/SWR/STR 289308-2 8,487.21
WTR/SWR/STR 29830A-0 9,391.57
WTR/SWR/STR 29830C-0 9,391.57
WTR/SWR/STR 29830B-0 9,391.57
Principal $ 65,448.84
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3. Your property taxes before credits
4. Credits that reduce your property taxes
A. Agricultural market value credit
B. Other credits
5. Property taxes after credits
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6. County
7. City or Town
8. State General Tax
9. School District A. Voter approved levies
B. Other local levies
10. Special Taxing Districts
11. Non-school voter approved referenda levies
12. Total property tax before special assessments
Special Assessment Totals
14. YOUR TOTAL PROPERTY TAX AND SPECIAL ASSESSMENTS
WTR/SWR/STR 29830D-0 9,391.56
Others 18,783.12
85,083.51 81,811.02Interest $ 16,362.18
13. Special Assessments on Your Property
$58,492.00
$58,492.00
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PAYABLE 2017 1ST HALF PAYMENT STUB
PAYABLE 2017 2ND HALF PAYMENT STUB
ID Number:
Bill Number:
MP# R118-264-000010
$116,984.00
521 LAND COMPANY LLC
MP# R118-264-000010
MAKE CHECKS PAYABLE & MAIL TO:
Robert J Hiivala
Wright County Auditor/Treasurer
10 Second Street N.W., Room 230
Buffalo, MN 55313-1194
No Receipt Unless Requested. Your cancelled check is your receipt. This Receipt is void if check is not honored.
No Receipt Unless Requested. Your cancelled check is your receipt. This Receipt is void if check is not honored.
Property ID Number:
Property ID Number:
Penalty
Penalty
2nd Half Total Amount Due
1st Half Tax Amount Due
File by August 15. If this box is checked, you owe delinquent taxes and are not eligible.
521 LAND COMPANY LLC
253543
71519
If your address has changed please check this box and
show the change on the back of this stub.
If your address has changed please check this box and
show the change on the back of this stub.
ID Number:
Bill Number:
253543
71519
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
508 FREEPORT AVE NW STE A
ELK RIVER MN 55330-1874
TO AVOID PENALTY PAY ON OR BEFORE: OCTOBER 15, 2017
TO AVOID PENALTY PAY ON OR BEFORE: MAY 15, 2017
PLEASE READ THE BACK OF THIS STATEMENT FOR IMPORTANT INFORMATION
PLEASE READ THE BACK OF THIS STATEMENT FOR IMPORTANT INFORMATION
MAKE CHECKS PAYABLE & MAIL TO:
Robert J Hiivala
Wright County Auditor/Treasurer
10 Second Street N.W., Room 230
Buffalo, MN 55313-1194
253543
R 118-264-000010
A.
B.
C.
D.
R 118-264-000010
Property Description:
2016 2017Taxes Payable Year
Property Address:
Special Assessment Breakdown:
2017 Property Tax
Statement
2nd Half Tax Amount
$116,984.00Total Property Tax for 2017
Total Property Tax for 2017
1st Half Tax Amount
See Left for Breakdown of Special Assessments