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i: ; COUNTY OF ANOKA <br /> ~~ Office of the CounO' Assessor <br /> <br />August 28, 1998 <br /> <br />Ms. Sylvia Frolik <br />City of Ramsey <br />15153 Nowthen Boulevard NW <br />Ramsey, MN 55303 <br /> <br /> Government Center <br />2100 3rd Avenue, Anoka, Minnesota 55303-2281 <br /> 612-323-5475 Fax: 612-323-5421 <br /> <br />I RECEIVED <br /> 1998 <br /> <br />Re: Proposed Senior (55+) Apartment Building <br /> <br />Dear Ms. Frolik: <br /> <br />Recently you inquired about senior apartment buildings and their impact on surrounding property <br />values. More specifically, you were interested in their impact on neighboring single family <br />dwellings. <br /> <br />As the assessor responsible for the assessment of all apartment buildings within the areas Anoka <br />County contracts with, I am familiar with apartment buildings and the neighborhoods <br />surrounding them. Included in this group are numerous senior apartment projects located in <br />various locations throughout the county. <br /> <br />In addition, as the Deputy Anoka County Assessor I am continuously reviewing the real estate <br />market looking for trends and taking appropriate action for all types of property. In the past we <br />have found that proximity to certain land uses has impacted the value of real property (airport, <br />major highways, etc.). Thu§ far we have not found any evidence of any loss in value attributed <br />to single family residences in close proximity to a senior apartment project. <br /> <br />lfyou or anyone has any additional questions do not hesitate to call me at 323-5482. <br /> <br />Vrely' ~ <br /> amOee; <br /> Deputy Anoka County Assessor <br /> <br />cc: Ed Thurston, Anoka County Assessor <br /> <br />Affirmnti~t~ Antinn / Fo~al Onnort~nitv Fmnlnv~r <br /> <br /> <br />