1k. Letter from Campbell Knutson0
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A Jun 5,96 14:46 No.010 P.02
CAMPBELL, KNU ?SON, SCOTT & FUCHS, P.A.
Attorneys at Law
Thomas J. Campbell (612) 452 .5000 AnJrea McDowell K & A-1
Matthew K. &aki
' Roger N. Knutson Fax (612) 452 -5550 John F. Kelly
7'11(m,as M. Scott MHrguerite M. McCarron
Gary G. Fuchs George T. Stephenson
James R. Walston June 5, 1996
' Elliott B. Knetsch Aftn by qH Ad'*bUd*
' Rodircea
Mr. Don Ashworth xeTm� �, .6-9
City of Chanhassen °eu
690 Coulter Drive pate ,Submitted to CommitdoR
Box 147
Chanhassen, MN 55317 D°tB su� mio 9
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Re: Lake Riley Utilities /Lyman Boulevard Project
Dear Don:
As you know we are acquiring easements over several parcels of property in
' conjunction with the Lake Riley Utilities /Lyman Boulevard projects.
Enclosed please find photocopies of the cover page and the valuation summary page
and conclusions of appraisals of several parcels as prepared by Lyle H. Nagell & Co., an
appraisal firm retained on behalf of the City. The owners and the appraised compensation
amounts for each of the parcels are as follows:
1 Qwner Compensation Amount
' Freseth (Temporary Easement Only) $ 400.00
Prewitt $6' 100'00
Boyer $79400
Chadwick $ 500.00
Srdar $ 100.00
Skalberg $x
t Sunnyslope Homeowners Association $49004.00
Strait $4,100.00
' The easements are necessary at this time to continue with project progress. The City
has aright to access the easement areas if it pays into Court the approved appraisal amount.
Please submit the enclosed appraisal information to the Council for its review. If approved,
' the approved amounts as set forth above will be paid to the Carver County District Court
pursuant to the "quick take" process and thereby acquire for the City access to the easement
I areas.
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
Mr. Don Ashworth
June 4, 1996
Page 2
Jun 5,96 14:47 No.010 P.03
If you or any member of the Council has questions, please feel free to call me.
Very truly yours,
& FUCHS,
GGF:cjh ,
Enclosure
I
CAMPBELL. KNUTSON, SCOTT & FUCHS, P.A
Jun 5,96 14:48 Nu.010 P.04
)LYLE if. NAGELL & CO., INC.
Since 1968
7515 Wayzata Boulevard
Minneapohs, MN 55426
(612)544 -8966
' May 2, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1133880Co orate cent 55121
Curve x/317
Eag M
' Dear Mr. Fuchs:
At your request for an appraisal, I have personally examined the following property:
8411 Greet Plains Blvd. (Land value only) Project 93 -32B
Chanhassen, Minnesota
Easement Sketch 95-14
Keith & Carol Bartz (Owner)/Freseth & WUUa=on (Tax payer)
It is legally dwribed rds. appraisal Th app raisal analysss and conclusions�are subjec ertain
' environments
limiting conditions and assumptions dcscrifxd herein. ad
As a result of my appraisal and experience, it is my opinion that the curren efore the
after fair market value of the subject property in regards to the partial acq
City of Chanhassen for permanent easement for utility purposes as of April 30, 1996 are:
fAR1{ET VALUE BEr'ORE TAKING: $333,000
ESTIMATED 14 - 3Z 4 , 0�
ESTIMATED MARKET VALUE AFTER TAKING-- , 00
ESTIMATED LOSS IN MARKET VALUE- 400
ESTIMATED MARKET VALUE OF TEMPORARY EASEMENT: $4,400
TOTAL ESTIMATED JUST COMPENSATION TO OWNER- �--- -�
'
NOTE: 11 is my opioion the proposed permanent easement acquisition as described in this report Will have no
adverse affect on the marketability or value of the remainder duo to the acquisition. Tnerefom this appraisal
addressee the estimated market value of the land and any site improvements Within the requisition area only,
' A brief description of the home and outbuildings are described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. To the best of
' my knowledge and belief, the statements co ralsal or the comp ar on, tr s contingent upon with Neither my employment to make this app pa
standards set forth bThi Uniform Standards of Pro es onal P ctio a pprai sa l
Sincerely,
I,YLB HA BZ C.
William It. Waytas, S1L►., C
Certified General, MN U4 3
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A Jun x,96 14:48 No.010 P.05
' r
;' i� r`�rVAT,UA1'I0>`T S MMAYc?,' c'
Project: NO. 93.32B
Parcel: Basement Sketch 95 -14
City & County: Chanhassen, Carver County
Owner. MfM 6artdFreseth & Williamson (tax payer)
Property Address: 8411 Great Plains Blvd.
Appraisal Date: 4 -30 -%
Rights & Interests Appraised: Fee
Zoning: RSF Rosidentail
Present Use: Rosidmlial
Highost & Heat Use Current use and speculation for possible future development.
Land Area: 13.59 acres (par public records)
Improvements: Not included in appraised value. Brief description of properly:
2 -story home, detached 2+ garago, outbuildings.
Taking Arcs. Permanent road & utility easement 7,077 of or .16247 acro
Temporary easement 4,663 of or. 10705 acre
Basement expires 12 -31.97
This appraisal report is in two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE- it is my opinion the proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the eatimaled market value of the land and any site improvements within
the acquisition area only. A brief description of the property is described above.
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I CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
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May 29, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1380 Cotporate Center Curve #317
Eagan, Minnesota 55121
Dear Mr. Fuchs:
appraisal
i have personally examined the following property:
At your request for an
421 Lyman 131Vd.
Chanhassen, Minnesota
M/M Prewitt (Owner)
Jun 5,96 1:1:50 No-010 P.06
LYLE 11. NAGELL & CO -, INC•
'
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 - 8966
Project 93 -32B
Easement Sketcli 95 -IIR
It is legally described herein. The appr 1 a and that t
us'tonspe e s be t certain
n
environmental standards. The app analys
limiting conditions and assumptions described herein.
As a result of my a praisat and experience, it is my opinion that the current before and the
of e fair C ma rket value permanent easement for road and t util y purposesas May 23,
1996 are:
ESTIMATED MARKET VALUE BEFORE TAKKING- ------ -------- °° $125,000 119,200
ESTIMATED MARKET VALUE AFrrR TAKING:-- - - - - -- "" 5 800
ESTIMATED LOSS IN MARKET VALUE:--- - - - --- �:_. _-- --300
TEMPORARY EASEMENT - ---- -- -- - —' -------------- $6,100
TOTAL ESTIMATED JUST COMPENSATION TO OWNER:-- --- - -�
NOTE: It is my opinion the proposed pernunent easement acquisition as described in this report will have no
adverse affect on the marketability or value of tl,e remainder due to the acquisition• Therefore, this appraisal
addresses the estimated market value of the land and any site improvements within the acquisition area only.
A brief description of the home is described heroin.
The accompanying report contains data secured from my personal investigation and from
m
rknowledgeeand b red the statements ents con ained in this repg u ar anteed.
rt are tru a d correct. of
Neither my employment to make this appraisal, nor the compensation, is coat`s sal t upon
MY
th value reported. This report has been prepared in conformity with the app
standards set forth by Uniform Standards of professional Appraisal Practice.
Sincerely,
LYLE Ii. IQAGQ ._TN
Williamilliam R. Waytas, SRA, CRP
f'rrtified General. MN #4000813
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
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Jun 5,96 14:51 No.010 P.O.
Taking Area: Permanent road & utility easements 9,617 sf or ,22078 acre
Temporary easement, 3,1125 sf or .06944 acre
Easement expires, 12 -31.97
This appraisal report is in two sections, before value In front portion and After value At rear portion with
conclusion at the end. NOTE: It is my opinion ilia proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this Appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description or the home is described herein.
;HVALUAI`TON SUNTTv1ARX
..a {eair: t;ONC>~L7SIONS
IM I:a;J44,
y 3
Project:
NO. 93 -320
parcel:
Easement Sketch 95 -1IR
City do County:
Chanhassen, Carver County
Owner.
MIM Prewilt
Properly Address:
421 Lyman Blvd,
Appraisal Dale:
5 -23.96
Rights & Interests Appraised: FCC
Zoning:
A2 Agriculture Estate
Present Use:
Residential
Highest & Best Use
Current use, possible future subdivision
Land Area:
5 acres (per public records)
Improvements:
Not included in appraised value. Split level home with two car Attached
garage.
Taking Area: Permanent road & utility easements 9,617 sf or ,22078 acre
Temporary easement, 3,1125 sf or .06944 acre
Easement expires, 12 -31.97
This appraisal report is in two sections, before value In front portion and After value At rear portion with
conclusion at the end. NOTE: It is my opinion ilia proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this Appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description or the home is described herein.
I
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
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June 1, 1996
City Attorney ofG Chanha
Attention: Gary
1380 Corporate Center Curve #317
Eagan, Minnesota 55121
Jun 5,96 14 :53 No.010 P -08
LYLE II. NAGELL & C O., INC.
since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 -8966
Dear Mr. Fuchs:
At your request for an appraisal, I have personally examined the following property:
9005 JAke Riley Blvd.
Chanhassen, Minnesota
M/M Royer (Owner)
Project 93 -32B
Easement Sketch 95 -13
It is legally described herein. The appraisal assumes that the property meets all current
environmental standards. The appraisal analysis and conclusions arc subject to certain
limiting conditions and assumptions described herein.
As a result of my appraisal and experience, it is my opinion that the current before and
th
Cit Chanha sen per easement for road and t utility purposesas May 23,
1996 are:
--- 5132,000
ESTIMATED MARKET VALUE )3EFORE'1 TAKING - - - °--- °' - 125,600
I:.STIMATEI] MARKET VALUE AFTER TAKING:- - -- �_ --_ 6,400
ESTIMATED LOSS IN MARKF,T VALUE: -- -- _ ^: — 11000
TEMPORARY EASEMENT -- ---- -- ---- - - - --- - - - --
TOTAL ESTIMATED JUST COMPENSATION TO OWNER: ------------ _$7
NOTE: It is my opinion the, proposed permanent easement acquisition as described in this report will bave no
adverse affect on the marketability or value of the remainder due to the acquisition, Therefore, his appraisal
addresses the estimated market value of the Sand and any site improvements within the acquisit
A brief description of the borne is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. To the best of
my knowledge and belief, the statements contained in this report are true and correct.
Neither my employment to make this appraisal, not the compensation, is contingent upon
the va standards set p fond by Uniform of Prof Professional con
onalApprai w the
Sincerely,
LYLE H. NAGELL & CO INC.
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CAMPBELL, KNUTSON, SCOTT 9 FUCHS, P.A
Jun 5.96 14 :5: No . X01 - 1 P . O
Taking Area: Permanent road & utility easements 576 sf or .01322 acre
Temporary easement, $37 of or .01921 acre
Easement expires, 12.31.97
This appraisal report is In two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE: It is my opinion the proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
0
MOM
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.—' i` . V,ALUATI0
; tisi (ia <t ;F <� a
'ryI
Project:
NO. 93.32E
Parcel:
Easement Sketch 95.13
City & County:
Chanhassen, Carver County
Owner:
M/M Boyer
Property Address:
9005 Lake Riley Blvd.
Appraisal Date:
5 -23 -96
Rights & Interests Appraised: Fee
Zoning:
RSF - RD Recreational Dev.
Present Use:
Residential
Highest & Best Use
Current use
Land Area:
.4 acre (per public records)
Improvements:
Not included in appraised value. Split entry home with three car attached
garage.
Taking Area: Permanent road & utility easements 576 sf or .01322 acre
Temporary easement, $37 of or .01921 acre
Easement expires, 12.31.97
This appraisal report is In two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE: It is my opinion the proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
0
MOM
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I CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
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May 30, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1380 Corporate Center Curve #317
Eagan, Minnesota 55121
Jun 5,96 14:55 No.010 P.10
L'YLE H. NAGELL & CO., INC.
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 -8966
Dear Mr. Fuchs:
praisal, I have personally examined the following property:
At your request for an ap
420 Lyman Blvd. Project 93 -32B
Chanhnssen, Minnesota
Tnsement Sketch 95 -5R
M/M Chadwick (Owner)
It is legally described herein. appraisal anal and conclusions s are subject to
environmental standards. The app Y
limiting conditions and assumptions described herein.
As a result of my appraisal and experience, it is my opinion that the current before and the
City fair C ma rket val
for o f the sub
easement for road ndt u tilit y purposes as May 23,
1996 are:
F,STIMATEI) MARKET VALUE BEFORE TAKING: ----------------------- $125,000 124,500
ESTIMATED MARKET' VALUE AFTER TAKING:--- ----- - ----- - " - T� ""_ ___$00
ES71MATED LOSS IN MARKET VALUE:----- ----- ---- -- - - - --- -- _._------- - - -- -0
TJMPORARY EASEMENT: ------- ---- -- - °-- -�'_....__- ---- - -----
TOTAL ESTIMATED JUST COMPENSATION TO OWNER:-- ----- ,---"-- -- $500
NOTE: It is my opinion the Proposed Permanent easement acquisition as described in this report will have no
adverse affect on the marketability or vale of the remainder due to tlta
u acquisition. Therefore, this Appraisal
addresses the estimated market value of the land and any site improvements within the acquisition area only.
A brief description of the home is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. To the best of
my knowledge and belief, the statements contained in this report are true and correct.
Neither my employment to make this appraisal, nor the compensation, is contingent upon
the value reported. This report has been prepared in conformity with the appraisal
standards set forth by Uniform Standards of Professional Appraisal Practice.
Sincerely,
William R. Waytas, SRA, CRP
Certified General, MN #4000813
�I
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A Jun 5,96 14 :56 No.010 P.11
f ; ,,., ,' VALVATIOM SLIMtv(ARY' &,,:
• ..' ri.q<I : dFxk.i >.. >, <a.,. t &fs 3. < " > ' 9 's 4 :,t
Project; NO. 93 -32B
Parcel: Easement Sketch 95 -SR
City &County: Chanhassen, Carver County
Owner: M/A4 Chadwick
Property Address: 42o Lyman Blvd.
Appraisal Date: 5 -23.96
Rights & Interests Appraised: Fee
Zoning: A2 Agriculture Estate
present Use: Residential
}Jighest &Best Use Current use, possible future subdivision
I ,and Area: 5 acres (per public records)
Improvements: Not included in appraised value. Rambler home with attached garage.
Taking Area: Permanent road & utility casements 354 sf or .00813 acre
Temporary easement, none
Easement expires, n!a
This appraisal report is in two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE: It is my opinion the proposed permanent easement acquisition as described in
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described heroin.
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CAMPBELL, KNUTSON, SCOTT & FUCHS, P.n
u
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May 30, 1996
City Attorney of Chanhassen
Attention: Gary C,. 1~uchs
1380 Corporate Center Curve #317
Eagan, Minnesota 55121
LYLE 11. NAGELL & CO., INC-
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 -8966
Jun 5,96 14:58 No-010 P.12
bear Mr. Fuchs:
At your request for an appraisal, I have personally examined the following property:
550 Lyman Blvd.
Chanhassen, Minnesota
M/M Srdar (Owner)
Project 93 -32B
Easement Sketch 95 -4R
It is legally described herein. The a ?praisal assumes that the property meets all current
environmental standards. The appraisal analysis and conclusions are subject to 'certain
limiting conditions and assumptions described herein.
As a result of my appraisal and experience, it is my opinion that the current before and in
C teyr fa market
for per easement for road an d y putrpose ac
May 23 th e
1996 are:
ESTIMATED MARKET VALUE BEFORE. TAKING: ----- ------ - °-- """"_ S125,000 124,900
ESTIMATED MARKET VALUE AFTER TAKING: - ---- - - ~----- "
-100
ESTIMATED LOSS IN MARKET VALUE:------- - - --- °--' �
TEMPORARY EASEMENT ---- ___. —__
-------- - - - - -
TO'T'AL ESTMIATED JUST COMPENSATION TO OWNER:----------- ---- -- $100
NOTE: It is my opinion the proposed permanent easement acquisition as described in this report will Lavin'
adverse affect on the marketability or value of the remainder due to the acquisition. Therefore, this app
addresses the estimated market value of the land and any site improvements within the acquisition area only.
A brief description of the home is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. To the best of
my knowledge and belief, the statements contained in this report are true and correct.
Neither my employment to make this appraisal, nor the compensation, is contingent upon
the value reported. This report has been prepared in conformity with the appraisal
standards set forth by Uniform Standards of Professional Appraisal Practice. .
Sincerely,
LYLE H. NAG I,L&
William R. Waytas, SRA, CRP
Certified General, MN #4000813
4' �'
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
Jun 5,96 14:58 No.010 P.1',
�,,
f'R4sPe ;ts s; y�LUATION- SUMMARY °�dca =�a:��:�r� {�
_
401V �LV. J1ONJ,.'q..i;Yi ?c1ElY >s.�i`E > "x <3j
Project:
N0, 93 -32B
Parcel:
Easement Sketch 954R
City & County:
Chanhassen, Carver County
Owner:
M/M Srdar
Property Address:
550 Lyman Blvd,
Appraisal Date:
5.23 -96
Rights & Interests Appraised:
Fee
Zoning:
A2 Agriculture Estate
Present Use:
Residential
Highest & Best Use
Current use, possible Mum subdivision
'
land Area:
5 acres (per public records)
Improvements:
Not included in appraised value, 1.5 story home.
Taking Area:
Permanent road & utility easements 152 sf or .00349 acre
Temporary easement, none
-
Easement expires, n/a
This appraisal report is
in two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE: it is my opinion the proposed permanent easement acquisition as described in
this report will have no
adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
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CHMPBELL , KNUTSON , SCOTT & FUCHS , P . A
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May 27, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1380 Corporate Center Curve X317
Eagan, Minnesota 55121
Jun 5.96 15:00 NO.010 P.14
LYLE LI, NAGELL & CO- INC'
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 - 8966
pear Mr. Fuchs:
At your request for an appraisal, I have personally examined the following property:
510 1 -ymnn 131vd.
Chanhassen, Minnesota
M/M Sknlberg (Owner)
Project 93 -32D
Easement Sketch 95 -2R
it is legally described herein. The appraisal assumes that the property meets all current
conditions anrd as sumptions ons described herein co are subject to certa
environnicn
limiting con in
As a result of my appraisal and experience, it is my opinion that the current before and
the
CityroftChanhassenlfor per easement for road and tutil he t p parposesas s of May 23,
1996 are:
$52,000
FSTIMATFD MARKET VALUE BEFORE TAKING: - - - - - - -- -- -- -- -51,400
FS 1'1MATED MARKET VALUE AFTER
- - -- 600
ESTIMATED LASS IN MARKET VALUE: - -- - -- --- --- -- - - -- �_0-
OTALESTIMATED UST COMPENSATION TO OWNLR: ------- -- --- - -5600
NOTE: It is my opinion the proposed permanent easement acquisition as described in this report will have
adverse affect on the marketability Or value or the remainder due to the acquisition. Therefore, app
addresses the estimated market value Of the land and any site impro'vcments within the acquisition area only.
A brief description of the home is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. To the best of
my knowledge and belief the statements contained in this report are true and correct.
, e comp
Neither my employment to make this appraisal, nor thensation, is contingent upon
the value reported. This report has been prepared in conformity with the arais l
standards set forth by Uniform Standards of Professional Appraisal Practice.
Sincerely,
LYLFF 14. NNAGELL & CO., C. � IX
William R. Waytas, SR. CR�
I ..,.., . -, 1 s, 4 A Mr10 19
CAMPBELL, KNUTSOM, SCOTT E FUCHS, P.A Jun 5,96 15:01 No.010 P.15
i' -
' :; iVAIiCJAT10N . & > "
1 t;., : �,, ION$ x:, >, � :,<.•,
Project;
N0. 93.32B
Parcel:
Easement Sketch 95 -2R
City & County:
Chanhassen, Carver County
'
pKTer:
M/M Skalberg
Property Address'
510 Lyman Blvd.
Appraisal Date:
.5-23-96
Rights & Interests Appraised:
Fee
=
Zoning:
A2 Agriculture Estate
Present Use:
Residential
Highest & Best Use
Current use
-:
land Area:
.76 acre (per public records)
Improvements:
Not included in appraised value. Split entry home with two attached
garage.
Taking Area:
Permnnent road & utility easements 389 sf or .00693 acre
Temporary easement, none
Easement expires, n1a
a
This appraisal report is in two sections, before value in front portion and after value at rear portion with
conclusion at the end. NOTE: it is my opinion the proposed permanent easement acquisition as described In
this report will have no adverse affect on the marketability or value of the remainder due to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home Is described herein.
I
I CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
f:
Ill
May 28, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1380 Corporate Center Curve #317
Eagan, Minnesota 55121
Dear Mr. Fuchs:
Jun 5.96 15:03 N0.010 P.16
LYLE I1. NAGELL & CO., INC.
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
(612) 544 -8966
At your request for an appraisal, I have personally examined the following property:
XXR Deer Foot Trail Project ment - 3 2c B tch 95 -21
Chanhassen, Minnesota n
Suntlyslope Ilonieowners Assn. (Owner)
It is legally described herein. The appraisal assumes that the property meets all current
environmental standards. The appraisal analysis and conclusions are subject to certain
limiting conditions and assumptions described herein.
As a result of my appraisal and experience, it is my opinion that the current before and
after fair market value of the subject property in regards to the partial acquisition by the
City of Chanhassen for permanent easement for utility purposes as of May 23, 1996 are:
ESTIMATED MARKET VALUE BEFORE TAKING: ---- — ---------------- -- $ 61 1 500
ESTIMATED MARKET VALUE AF1'LR TAKING: ------- ----- ---- --- ------ ---57,5
ESTIMATI:U LASS IN MARKET VALUE:------------ ----- --------- ------ -- ---- -- 4,000
TEMPORARY VASEMENT ( NONE)-------------------------- ------------- -- -- - -0-
TOTAL ESTIMATE JUST COMPENSATION TO OWNER---------- - - - - -- $4,000
NOTE: Subject parcel consists of two outlots. The final value estimate does not reflect what the outlets
would sell for on the open market, but what their contribution is to the adjoining 12 properties on a pro -rated
basis. It is my opinion the proposed permanent easement acquisition as described in this report will have no
adverse affect on the marketability or value of the remainder of the 12 properties due to the acquisition.
Therefore. this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable; however, correctness is not guaranteed. to the best of
my knowledge and belief, the statements contained in this report are true and correct.
Neither my employment to make this appraisal, nor the compensation, is continent upon
the value reported. This report has been prepared in conformity with the appraisal
standards set forth by Uniform Standards of Professional Appraisal Practice.
Sincerely,
LYI.E
William R. Waytas, S A, CRP
CcrtiGccl General, MN #400081
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CAMPDELL, KNUTSON, SCOTT & FUCHS, P.A
Its
Jun 5,96 15:04 No.010 F.11f
. �;VALUATION S UMMARY ; &
CONCLUSIONS
Project:
NO. 93.320
Parcel:
Easement Sketch 95-21
City & County.
Chanhassen, Carver County
Owner:
SunnyslDpo 14011Wwriers Assn.
Property Address!
XXX Dee , r Foot Trail
Appraisal Date;
.5-23-96
Rights & I Appraised: Fee
Zoning: PUD R
Present Use: O for Sunnyslopc H A . ssn.
Highest & Best Use Current use
Land Area: 1.25 +l ac re
Improvements: Vacant outlots
Taking Area: Permanent utility easements 2,223 sf or .05103 ncre
Temporary easement, nose
Easement expires, n1a
This appraisal report is in t se ctions, before value in front portion and after value 21 rear portion with
conclusion at the end.
Va
5050W ix
'rid value
Norio ... I I.
Parking 10 9
siti Inipio
TOT
V;'s
Y
e'Aftc
i. Vit U
I . Ali vmlue:� f
s Fie
pro lox
Mcn
t
. I .. ......
TOTAL' DAMAGE: If ..
on o f
is
LA) 8 Takini 7 1 2`223-0 01.10
roverrienti Taken 1 1 Non
I
. to lrnpr6V4mcmt 1 ,'Yatkinf lox
tinn
p*rary one
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;
t 4
l)ANfAGE'
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as, SRA;' C RP
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CAMPBELL, KNUTSON, SCOTT & FUCHS, P.R
1 `
1
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Jun 5,96 15:05 No.010 P.18
LYLE II. NAGFLL & CO., INC.
Since 1968
7515 Wayzata Boulevard
Minneapolis, MN 55426
h�t'. •'
(612) 544 -8966
May 27, 1996
City Attorney of Chanhassen
Attention: Gary G. Fuchs
1380 Corporate Center Curve #317
Eagan, Minnesota 55121
Dear Mr. Fuchs:
At your request for an appraisal, I have personally examined the following property:
,
$00 Lyman Blvd. Project 93 -32B
Chanhassen, Minnesota Easement Sketches 95-3R
M/M Strait (Owner) .
It is legally described herein. The appraisal assumes that the property meets all current
environmental standards. The appraisal analysis and conclusions aect to Certain
re subj
limiting conditions and assumptions described herein.
As a result of my appraisal and experience, it is my opinion that the current before and
City Chanhassen l for permanent easement for road nd putrposes ac
May 23e
1996 are:
$56,000
FSTIMATFD MARKET VALUE B1arORE TAILING: -- -- - --- - -- - - ---- -" 51,900
ESTIMATED MARKET VALUE AFTER TAILING:---- - - -- -- -- - - - - ---- 4,]00
ESTIMATED LOSS IN MARKFT' VALUE:-- -- ---- --- ------- --------- --- --- - -_0-
TF.MPORARY EASEMENT ( NONE)- -------- ---- --- - -- --- -------- -- - ---
TOTAL ESTIMATED JUST COMPENSATION TO OWNER!-------- $4.100
NOTE It is my opinion the proposed permanent easement acquisition as described in this report will have no
sdverse affect on the marketability or value or the remainder due to the acquisition. Therefore, this appralsat
addresses the estimated market value of the land and any site impro4emenis within the acquisition area only'
A brief description of the home is described herein.
The accompanying report contains data secured from my personal investigation and from
sources considered to be reliable', however, correctness Is not guaranteed. To the best of
my knowledge and belief, the statements contained in this report are true and correct.
Neither my employment to make this appraisal, nor the compensation, is contingent upon
the value reported. This report has been prepared in conformity with the appraisal
standards set forth by Uniform Standards of Professional Appraisal Practice.
Sincerely,
LYLE 11 �NAGELT-
William R. Waytas, SRA, CRP
0
CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A
a
Jun 5,96 15:06 No.010 P.19
Taking Area: Perlmncnl road & utility easements 766 sf or .01758 acre
Temporary easement, none
Easement expires, n/a
This appraisal report is in two sections, before value in front portion and after value at rear portion with
conclusion at the end,. NOTE: It is my opinion the proposed permanent easement acquisition as described in
this report will have no Adverse affect an the marketability or value of the remainder duo to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
:��sK, ;, .C/f A rx lSa(, = e3 s 'e,E t i i..•�; 30. < c: Zt
SE}ea "S i w ' < x
i < ' °'' ESUntate Of Vallie ni:foi'e Taking x
� . : :, ., Ss 4Y
land Value t':z,'' ...37,8Q7s�$1.399�:
ax ;2 E' , _ E <'InipYUVe�tielits `_' c = NOi included
E t.; :a 3, ? ' Eg �SitEi lmprbVEnietnS " ' _ £_ :i)ItetninEr Wall, _ `
`TOTAL`.':
• :' >S:£., 4 F.,a <. t s : .y .: ¢�. � Y F„ = s ' " •F
'•ir : <. ss F.:, :ef'f: ., . .i < '> S ^>e.
o;8 >:" E s fliateof Value After Takins
w;... >s.EE <4 Y E ^.1..£e,i; i' 3
E)i .,,.I:and Value':,. t 'r'..a., ....�'''`37a31'sf x'51.399 W<s<
. »r. a v a r "E €' - °- F "rqx if 1 a ,.x
i 6 > %,•f
,
rek : In before and after '
bial i8sdnunt „
no y 0 =
%L DAMAGl3 "> a E - F .. ... Ix t£
x. a'•£L£4.. �� tE i <':.. , t £ s'F4: E. r `let ?x'1: yt ib & ^ E£fk;9..
atlon O�AC
LiiniJ }TAkeh, fsa » 76bsfx$1.399 ti ,.`. t rt b x.Ed;
':f3£� "xS.St:, �.�.<.: .... .:. }��.•,, ;,,. <Yp�:, } ^:x:, <r,n <,(e' < }aE,:
:'.j'fnpre4einentsTakefi ;: ;,.NO mcl68ed'" 7z.Yf,'Ex'� :' .E;. '
t s.,, : •;ij %^ - . '.'' > €f % <`.'<,: s "x > z a?s
..:, ... .4 .. .,..:a <r r v :<'.:'t t <; <i.:� % !a i < < ".:(£:':.
..x:i::,:,.:.ai,.'x >1: t.: , >.'.:.`'a'
A
Lb nii9'AG E'`. ;:'�. _jx i ?. : siyg:.o arl3�ie ^A
i,. t.6 ..5:> .'w:.5: 42�}. t <� <.
P ., _ �b6. z;i.; a..:�r sr.F. >e:.z.. xasaE, ? < t:•
.
w ill iam R:'Weyhis�'�RA;'CRp� .. 1)i1b:5.23.96r; +:;£- bx, } :::
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"' VALUATftjN SU1yfMARY'Bi :' > <; , <;
CONCLUSIONS.''.
Project:
NO, 93.32B
Parcel:
Easement Sketch 95 -311
City & County:
Chanhassen, Carver County
Owner:
MIM Strait
properly Address:
500 Lyman Blvd.
Appraisal Date:
5.23.96
Rights & Interests Appraised: Fee
Zoning:
A2 Agriculture Estate
Present Use:
Residential
Highest & Best Use
Current use
Land Area:
.87 acre (per public records)
Improvements:
Not included in appraised value. Split level home with two wincl %ed
garage.
Taking Area: Perlmncnl road & utility easements 766 sf or .01758 acre
Temporary easement, none
Easement expires, n/a
This appraisal report is in two sections, before value in front portion and after value at rear portion with
conclusion at the end,. NOTE: It is my opinion the proposed permanent easement acquisition as described in
this report will have no Adverse affect an the marketability or value of the remainder duo to the acquisition.
Therefore, this appraisal addresses the estimated market value of the land and any site improvements within
the acquisition area only. A brief description of the home is described herein.
:��sK, ;, .C/f A rx lSa(, = e3 s 'e,E t i i..•�; 30. < c: Zt
SE}ea "S i w ' < x
i < ' °'' ESUntate Of Vallie ni:foi'e Taking x
� . : :, ., Ss 4Y
land Value t':z,'' ...37,8Q7s�$1.399�:
ax ;2 E' , _ E <'InipYUVe�tielits `_' c = NOi included
E t.; :a 3, ? ' Eg �SitEi lmprbVEnietnS " ' _ £_ :i)ItetninEr Wall, _ `
`TOTAL`.':
• :' >S:£., 4 F.,a <. t s : .y .: ¢�. � Y F„ = s ' " •F
'•ir : <. ss F.:, :ef'f: ., . .i < '> S ^>e.
o;8 >:" E s fliateof Value After Takins
w;... >s.EE <4 Y E ^.1..£e,i; i' 3
E)i .,,.I:and Value':,. t 'r'..a., ....�'''`37a31'sf x'51.399 W<s<
. »r. a v a r "E €' - °- F "rqx if 1 a ,.x
i 6 > %,•f
,
rek : In before and after '
bial i8sdnunt „
no y 0 =
%L DAMAGl3 "> a E - F .. ... Ix t£
x. a'•£L£4.. �� tE i <':.. , t £ s'F4: E. r `let ?x'1: yt ib & ^ E£fk;9..
atlon O�AC
LiiniJ }TAkeh, fsa » 76bsfx$1.399 ti ,.`. t rt b x.Ed;
':f3£� "xS.St:, �.�.<.: .... .:. }��.•,, ;,,. <Yp�:, } ^:x:, <r,n <,(e' < }aE,:
:'.j'fnpre4einentsTakefi ;: ;,.NO mcl68ed'" 7z.Yf,'Ex'� :' .E;. '
t s.,, : •;ij %^ - . '.'' > €f % <`.'<,: s "x > z a?s
..:, ... .4 .. .,..:a <r r v :<'.:'t t <; <i.:� % !a i < < ".:(£:':.
..x:i::,:,.:.ai,.'x >1: t.: , >.'.:.`'a'
A
Lb nii9'AG E'`. ;:'�. _jx i ?. : siyg:.o arl3�ie ^A
i,. t.6 ..5:> .'w:.5: 42�}. t <� <.
P ., _ �b6. z;i.; a..:�r sr.F. >e:.z.. xasaE, ? < t:•
.
w ill iam R:'Weyhis�'�RA;'CRp� .. 1)i1b:5.23.96r; +:;£- bx, } :::
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