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PIN # SALE ADJ. SIZE SIZE ! S/ACRE $/SF LND V~)ED, LEGAL DATE PRICE ACRES SQ.FT. ZNG S&W ~(~N~ 5 925120004 18-Mar-89 $27~750 9.20 400~575 $3~016 $0.07 SF'R L1B1RAMSEYRIDGE ...?_2.?.1 20005 25-Mar-89 $30~000 9.20 4OO~575 $3~261 $0.07 .CFR L2B1 RAMSEY RIDGE 1025410002, 7-Au9-89 $16~000 5.00 217~800 $3~600 $0.08 SFR UNPLATTEDSEC. 10 1425410002 11-Feb-S9 $16~000 6.00 261~360 $2~667 $0.06 SFR UNPLATTEDSEC. 14 1425420001 13-Apr-89 $24~500 3.53 153,725 $6~941 $0.16 SFR UNPLATEDSEC. 14 1525320004 10-Nov-88 $30,000 4.00 174,304 ~7T500 $0.17 SFR UNPLATTEDSEC. 15 1625220005 15-Oct-88 $19~000 3.30 143,748 $5~758 $0.13 SFR L2B2 THE NORTH FORTY 2225110009 23-Mar-89 $18t000 5.35 232~970 $3~364 $0.08 SFR L19B2HIGHPOINT AVERAGES ZONE 5 $22~906 5.70 248~132 $4~513 $0.10 ~ON~ 6 225330002 30-Au~]-8g $13~500 9.50 413~820 $1~421 $0.03 ~ W THESE S SALES WERE 225440002 1 -Ma¥-89 $86~000 44.80 1 ~951 ~488 $1~920 $0.04 SFR 25% --UTUREMEADOWBROOK PLA'~ 1125210001 30-Aug-89 $36~200 40.00 1~742,400 $905 $0.02 SF-R PURCHASED AS1FOR 1125220001 30-Au~-89 $51~100 40.00 1,742~400 $1~278 $0.03 SFR DEVELOPMENT. LEGALSARE 11 251 30001 30-Au9-89 $57,800 23.00 1 ~001 ~880 $2~513 $0.06 ISFR ON CRV'S 1989 UNDER 1125230001 30-Au,q-89 $41~800 40.00 1,742~400 $1~045 $0.02 SFR 2-32-25-33-0002 425140004 6-Jul-89 $24~334 13.40 583~704 $1~816 $0.04 S.:'R UNPLATEDSEC. 4 625130001 27-Oct-89 $19~500 10.00 435~600 $1,950 $0.04 SFF, ! UNPLATTEDSEC. 6 925220007 1 4-Feb-S9 $44~000 23.45 1,021 r482 $1,876 $0.04 S~'R i UNPLAI-'t'ED SEC. 9 & 8 925230002 30-Mar-69 $28=000 14.50 6311620 $1t931 $0.04 SFR I UNPLATEDSEC. g 21 25220019 6-Ma}/-86 $22t000 40.00 1 ~742~400 $550 $0.01 SFR UNPLATTEDSEC.21 232541 4&5 25-Apr-89 $60.000 24.56 1,069,834 $2,443 $0.06 B-1 UNPLA'T-FED SEC 23 2625420001 1-Au.o-88 $172.800 40.00 1,742~400 $4~320 $0.10 SFR NWl/4 OF SElt4 SEC.26 AVERAGES ZONE 6 $50r541 27.94 1~217~033 $1~844 $0.04 Since the varying ici sizes through this group of properties did not leave a meaningful per lot value or an average lot size, properties in these zones were treated individually by utilizing the various sales which were located in the closest proximity to each individual property. It might be noted that sales prior to this sample were also used to collaborate an opinion of value for properties in these two zones. In most cases, properties in these two zones had an accurate lot value placed on them in previous assessments and were for the most part unchanged. The typical valuation included an assessment of the amount of acreage involved by applying a per acre value to those properties. Zone 7 which is the largest zone or neighborhood in the City of Ramsey would be best described ,.:.if th~se properties of lots less than five acres in size and exhibiting a value in the $9,000.00 to $14,000.00 price range. Most of the properties in this zone were comprised of improvements built in the early to mid 1970's and almost entirely ramblers and split foyer type improvements approximately 960 to 1200 square feet in size with two car garages. Most of these properties are located in the west half of the City of Ramsey. The following table has 24 land sales in Zone 7 which took place from November, 1988, to November 1989.