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<br />1421 55 Avenue South, Fargo <br />Parcel Number 5080-01500 <br /> <br />Mr. Maynard's property value increase was a result of an index applied to comparable properties <br />for the 2004 taxable year. His current year value is $213,400. <br /> <br />Following is a grid of the recent sales of similar properties: <br /> <br />COMPARABLE SALES <br /> Sale Year Sale Total <br />~ Address Date Built Size Baths Price $/SF <br />1 2429 Parkview Dr 5/04 1998 1952 2 197,900 101 <br />2 323942 Ave S 6/03 1996 2326 2 248,300 107 <br />3 382621 St S 10/03 1996 2054 2 216,800 106 <br />4 1729 37 ~ Ave S 7/02 1992 1922 2 189,900 99 <br />5 4815 Rose Crk Pky 8/03 1995 2414 2 238,100 99 <br />6 3332 45th Ave SW 5/02 1998 .2070 2 197,500 95 <br /> <br />---- Average Price <br /> <br />214,800 <br /> <br />101 <br /> <br />SUBJECT PROPERTY <br /> <br />Address <br />1421 55 Ave S <br /> <br />Year <br />Built Size Baths <br />1998 2106 2 <br /> <br />Value <br />213,400 <br /> <br />Total <br />$/SF <br />101 <br /> <br />Mr. Maynard also submitted an appraisal dated March 20, 2003 completed by Appraisal Services <br />Inc. The appraisal indicated a market value of$215,900 when the balance of unpaid specials are <br />included. <br /> <br />ASSESSMENT DEPARTMENT RECOMMENDATION <br />Retain the current value of $213,400 on the property. <br />