[PAGE 1]
1. Call To Order
2. Roll Call
3. Agenda
Documents:
3 AGENDA.PDF
4. Minutes - April 20. 2021
Documents:
4 MINUTES - LBAE MEETING - APRIL 21, 2021.PDF
5. Member Certification
6. Report From William Effertz, Steele County Assessor
Documents:
6 REPORT - WILLIAM EFFERTZ-STEELE CO ASSESSOR.PDF
7. Public Comments
8. 2022 Property Owner Appeal List
Documents:
8 2022 PROPERTY OWNERS APPEAL.PDF
9. Adjourn

[PAGE 2]
3
Administrative Services Department
Board of Appeal & Equalization Meeting
Tuesday, April 19, 2022
6:00 o'clock P.M.
Council Chambers at City Hall
A G E N D A
1. Call to Order
2. Roll Call – Council Members Boeke, Dotson, Burbank, Raney,
Svenby, Voss and Schultz
Mayor Kuntz
3. Approve Agenda
4. Minutes – 2021 LBAE Meeting
(Information only, Council approved 2021 LBAE Minutes
during the May 4, 2021 City Council Meeting)
5. Member Certifications
6. Report from William Effertz, Steele County Assessor
7. Public Comment
8. 2022 Property Owner Appeal List
9. Adjournment
540 WEST HILLS CIRCLE | OWATONNA, MN 55060-4701 | OWATONNA.GOV | 507.774-7341

[PAGE 3]
4
2021 MINUTES
LOCAL BOARD OF APPEAL & EQUALIZATION
CITY OF OWATONNA
Council President Schultz called the meeting for the Local Board of Appeal and Equalization
(LBAE) to order at 6:00 p.m. on Tuesday, April 20, 2021 in Council Chambers at City Hall.
Present were: Council Members Okerberg, Dotson, Burbank, Raney, Svenby, Voss and Schultz;
Mayor Kuntz; Steele County Assessor William Effertz; Steele County Assistant Assessor Brock
Nelson; City Administrator Busse and Administrative Specialist Clawson.
Council Member Raney made a motion to approve the agenda, Council Member Svenby seconded
the motion, all members voted aye in approval. City Administrator Busse explained State Statute
requires at least one voting member of the Council be certified with the Department of Revenue
for completing an LBAE training course within the last four years. Current certifications are held
by Council Members Okerberg, Svenby and Voss.
County Assessor Effertz Council presented the 2021 City of Owatonna Assessment Report
prepared by the Steele County Assessor’s Department. Their office analyzes real estate sales
during a 12-month period to modify the mass appraisal system to the current market as well as to
improve equalization amount properties. Sales from October 1, 2019 – September 30, 2020 were
used to complete the 2021 Report and analyzed for market trends and assessment to sale ratio.
Effertz explained the purpose of the LBAE is to provide a fair and objective forum for property
owners to appeal their valuation and/or classification. The goal of the LBAE is to address property
owner’s issues fairly and objectively.
The objective of the assessor is to be both accurate and uniform. There are three reasons that
valuations change each year:
1. Market adjustments due to the ever-changing market conditions of the real estate market.
Different types of real estate changes at different rates.
2. Even in a stable market, property values will change due to equalization. If a property value
based on analysis of sales, is thought to be under or over assessed, either in relation to other
properties or to a range of acceptable guidelines, the valuation may increase or decrease.
3. New improvements.
The Commissioner of Revenue requires all property types be assessed between 90-105% of
selling price. Any assessment by aggregate property type that is outside of this range will be
adjusted accordingly by the State Board of Appeal and Equalization. Percentage of Property
Types within the City for 2021 Estimated Market Values are:
Residential 71.69%
Commercial & Industrial 20.54%
Apartments 5.94%
Agriculture Land 1.64%
Manufactured Home Park (land) .19%
In comparison to 2020 Assessment Statistics, there was a slight shift due to market changes as
the tax shows declining reliance on Ag/Rural and increasing reliance on Residential
assessments.

[PAGE 4]
Minutes - City of Owatonna Board of Appeal & Equalization
Tuesday, April 20, 2021
Page 2 of 3
Net Tax Capacity, the effective measurement of the tax base, increased $1.6 million. This
reflects the changes in the market valuations plus the addition of new construction which
leads to the expanding tax base. Owatonna’s Net Tax Capacity has been on a steady incline
over the last five years creating a ripple benefit for everyone.
The total Estimated Market Values without New Construction expanded 4.6% to $2.259
billion. Valuations of all property types increased during 2021 (this does not include new
construction values):
Total Agriculture / Rural 2.57%
Total Residental 5.1%
Apartments 5.05%
Commercial/Industrial 1.3%
Industrial 4.32%
Estimated Market Value of New Construction was $52,658,200.
Miscellaneous 2021 Data:
Residential Home Sales: 569 transactions
Median Sale Price $187,000; $7,000 increase over previous year
Residential Vacant Lot Sales: 30 sales
Median Sale Price $ 33,000; $1,100 increase over previous year
Residential Estimated Market Value
Median Value $182,200; $10,200 increase over previous year
Median Value per square foot $144; $10 increase over previous year
Number of new homes built 33; 1 more than previous year
Assessor Effertz explained property owners have opportunity to appeal their proposed property
valuations. Owners’ requests must be presented to the Local Board of Appeal for opportunity to
appeal to the Steele County Board of Appeal and Equalization which will be held on June 15,
2021. Prior to tonight’s LBAE meeting, the Steele County Assessor’s Office received valuation
protests for 11 parcels within the City and have made these recommendations:
PROPERTY ADJUSTED
PARCEL ID DEEDHOLDER ADDRESS TYPE VALUE VALUE CHANGE REASON
17-002-4101 David Kranda 2330 Kenyon Rd Residential - $ 50,600 $ 50,600 $0 No
Single Dwell
Change
17-016-1243 Steven Scholl & Kari 1050 Redwood Pl Residential - $ 162,100 $ 154,900 -$7,200 Value
Single Dwell
Neumann-Scholl High -
Building
17-101-1110 Wayne & Connie 1031 Elm Ave S Residential - $ 172,500 $ 154,100 -18,400 Corrected
Whipps and Mark & Single Dwell
Condition
Cori Whipps
17-297-0103 B A R Partnership 910 Hoffman Dr Com Land/Bld $ 149,400 $ 143,700 -5,700 Value
– 1st $150,000
N High -
Building
17-305-0108 Robert & Kim Dub 180 Cedar Pl Residential - $ 305,100 $ 305,100 $0 No
Single Dwell
Change
17-338-0208 ANS Hospitality 150 St John Dr Com Land/Bld $1,230,100 $759,800 -$470,300 Value
LLC – 1st $150,000
NW High -
Building

[PAGE 5]
Minutes - City of Owatonna Board of Appeal & Equalization
Tuesday, April 20,2021
Page 3 of 3
PARCEL ID DEEDHOLDER ADDRESS PROPERTY VALUE ADJUSTED CHANGE REASON
TYPE
VALUE
17-536-0107 Brian & Kari Bunkers 1946 Woodcrest Residential - $736,200 $694,800 -$41,400 Value
Single Dwell
Dr NE High -
Building
17-540-0127 Traditions of 195 24th Pl NW Res – 4 or $3,387,800 $ 3,124,700 -$263,100 Value
More Units
Minnesota, LLC High -
Building
17-582-0319 Jeffrey Otto 2490 Fox Hollow Residential - $ 272,900 $272,900 $0 No Change
Single Dwell
Lane
17-602-0103 Traditions of 150 24th St NE Res – 4 or $ 2,989,000 $2,745,100 -$243,900 Value
Minnesota II, LLC More Units
High -
Building
Residential-
17-016-4301 Colin & Charlotte 1003 Lemond Rd Homestead $182,600 $182,600 No Change Not
Roetman allowed
physical
inspection
Council Member Okerberg made a motion to accept the 2021 Property Owner Appeal List as
presented by the Steele County Assessor’s office, Council Member Svenby seconded the motion,
all members voted aye for approval.
At 6:19 p.m., a motion was made by Council Member Raney, seconded by Council Member
Svenby to adjourn.
Dated April 26, 2021 Respectfully submitted,
Jeanette Clawson, Administrative Specialist

[PAGE 6]
6
2022
C O
ITY OF WATONNA
A R
SSESSMENT EPORT
Steele County Assessor’s Department
Local Board of Appeal and Equalization
April 19, 2022 6:00 p.m.
William G. Effertz, SAMA
Steele County Assessor
Brock Nelson, AMA,
Assistant County Assessor

[PAGE 7]
2022 Local Board of Appeal and Equalization
City of Owatonna
2022 Assessment Report
Assessor’s Department
Overview
The purpose of the Board of Appeal and Equalization is to provide a fair and objective forum for property
owners to appeal their valuation and/or classification. During, property owners’ appeals will be dealt with
fairly and objectively. When new information is provided, the Assessor will review and will have the option to
report any new findings at the reconvene meeting.
The Assessor’s office is guided by state law and bound by Statute. For instance, each property is required to be
inspected once every 5 years. This is commonly referred to as, “Quintile” or “Quintile Inspections”. Due to
Owatonna’s size it is broken down into sections. Each section is inspected once every five years. The
breakdown of neighborhoods by year of inspection can be reviewed on the last page of this document.
State law requires the assessor to value all property at market value every year. “All real property subject to
taxation shall be listed and assessed every year with reference to its value on January 2.” Property owners
receive a Notice of Valuation every year in mid to late March.
Minnesota Statute 273.121 states, “All real property shall be valued at its market value. In estimating and
determining such value, the assessor shall not adopt a lower or different standard of value because the same
is to serve as a basis for taxation, nor shall adopt as criterion of value the price for which property would sell
at auction or forced sale, or in the aggregate with all the property in the town or district but shall value each
article or description of property to be fairly worth in money”.
Real property is valued at Market Value. Market value is defined as, “The most probable price in terms of
money which a property will bring in a competitive and open market under all conditions requisite to a fair
sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by
undue stimulus or duress.”
The real estate tax is ad valorem (by value) and based on the value of property and not the owner’s ability to
pay. The assessment is updated in a uniform objective manner each year. The assessor analyzes the previous
twelve months real estate sales to modify the mass appraisal system to the current market as well as to
improve equalization among properties. For the January 2, 2022 assessment, sales from October 1, 2020 to
September 30, 2021 were analyzed both for market trends as well as the assessment to sale ratio (assessor’s
value divided by the sale price).
2022 City of Owatonna Assessment Report
1

[PAGE 8]
There are three reasons that valuations change each year.
Market adjustments due to the ever-changing conditions of the real estate market. Different types of real
estate changes at different rates.
Even in a stable market, property values will change due to equalization. If a property value based on analysis
of sales, is thought to be under or over assessed, either in relation to other properties or to a range of
acceptable guidelines, the valuation may increase or decrease.
The third reason for change is new improvements.
The objective of the assessor is to be both accurate and uniform. The Commissioner of Revenue requires that
all property types to be assessed between 90 to 105% of the selling price. Any assessment by aggregate
property type that is outside of this range will be adjusted accordingly by the State Board of Appeal and
Equalization.
After tonight’s meeting, if the property owner is still not satisfied with the 2022 assessment, the next step in
the appeals process is to make an appointment to attend the:
Steele County Board of Appeals and Equalization convenes on June 14, 2022 at 7:00 p.m. at the Administrative
Center in Owatonna.
Adjustment for Market (Time) Trends
Minnesota Department of Revenue, Property Tax Data & Analysis Unit determines if there are any market
condition trends occuring in each county. A simple linear regression of sales ratios is run over a 21-month
study period to calculate market condition trends. If a trend has significance, the sale prices are adjusted for
market conditions (time). For the 2022 assessment this study resulted in the following annual market trends
for residential property in Steele County:
2022 City of Owatonna Assessment Report
2

[PAGE 9]
2022 City of Owatonna Assessment Report
3

[PAGE 10]
Adjusted Sales Ratio By Jurisdiction
Minnesota Statute 273.121 states all property must be valued at its market value. To facilitate this the
Department of Revenue mandates the median ratio in each jurisdiction, with an adiquate amount of sales be
between 90% & 105%. This ratio is determined by taking the assessed value by the sale price. The chart below
displayes each jurisdictions ratios before and after values were adjusted for the 2022 Assessment year.
MINNESOTA DEPARTMENT OF REVENUE SALES RATIO STUDY
2020 2021 2022
RESIDENTIAL STATE STUDY BEG SALES FINAL BEG SALES FINAL BEG SALES FINAL
01-BLOOMING PRAIRIE TWP 73.62% 1 93.23% 97.90% 2 1.0295% 89.35% 1 98.56%
02-SUMMIT 92.54% 2 94.92% 92.64% 2 95.68% 0
03-BERLIN 83.44% 10 94.97% 84.85% 5 94.44% 79.98% 5 93.40%
04-AURORA 83.31% 3 93.30% 84.76% 3 93.69% 72.60% 6 91.53%
05-SOMERSET 91.39% 3 94.00% 81.34% 4 86.27% 77.66% 2 97.17%
06-LEMOND 87.04% 3 93.69% 75.67% 3 86.89% 81.60% 4 92.79%
07-HAVANA 92.62% 3 94.36% 81.56% 4 88.45% 81.15% 4 91.15%
08-OWATONNA TWP 99.75% 6 95.79% 89.34% 7 93.75% 74.18% 3 88.92%
09-MERIDEN 92.69% 4 97.54% 0 83.32% 3 93.98%
10-MERTON 86.19% 2 92.87% 84.05% 2 86.78% 86.79% 2 99.57%
11-MEDFORD TWP 81.17% 3 93.43% 69.92% 3 85.67% 77.18% 2 92.27%
12-CLINTON FALLS 89.18% 2 94.47% 74.20% 3 86.32% 75.96% 4 91.49%
13-DEERFIELD 98.00% 3 97.69% 82.47% 2 89.00% 76.56% 5 90.46%
14-BLOOMING PRAIRIE 94.51% 29 95.06% 86.20% 32 92.62% 73.81% 26 92.60%
15-ELLENDALE 90.70% 6 93.21% 89.54% 13 92.91% 73.57% 16 91.75%
16-MEDFORD 87.53% 25 93.17% 86.62% 13 92.68% 78.50% 27 92.93%
17-OWATONNA CITY 87.88% 361 93.74% 87.47% 384 93.58% 74.55% 421 91.07%
CITY TOTALS 89.29% 421 93.48% 87.05% 442 92.80% 74.18% 490 92.18%
TOWNSHIP TOTALS 89.18% 45 94.36% 83.26% 40 87.67% 78.82% 41 92.53%
# OF GOOD RESIDENTIAL SALES 88.13 466 93.79 87.22 482 93.17% 74.64% 531 91.24%
% CHANGE -2.31% 3.43% 10.17%
TOTAL RES TRANSFERS 712 735 767
% CHANGE -9.30% 3.23% 4.35%
2022 City of Owatonna Assessment Report
4

[PAGE 11]
Owatonna 2022 Assessment Statistics
While assessor’s do not determine the amount of tax property owners pay, we do determine how the tax
liability is distributed amongst properties based upon the market value. The market dynamics of each property
class causes shifting of the tax liability between these classes. Because of the classification rates, commercial,
industrial and utility properties take the brunt of the annual tax liability when looking only at market value.
These pie charts illustrate the shifting due to market changes, al beit the change seems small, the changes can
be significant. Note the tax bases declining reliance every classification and increasing reliance on Residential.
This is due to the growth in the Residential market outpacing that of the other classifications of property.
2022 City of Owatonna Assessment Report
5

[PAGE 12]
The Net Tax Capacity (NTC) is the effective measurement of the tax base. The NTC is the product of applying
the statutory class rates to the Estimated Market Values of each property. The NTC reflects the changes in the
market valuations plus the addition of new construction which leads to the expanding or contracting tax base.
The NTC has been on a steady incline over the last five-years.
2022 City of Owatonna Assessment Report
6
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[PAGE 13]
OWATONNA
TOTAL - ESTIMATE MARKET VALUE SUMMARY
2022 2021 PERCENTAGE CHANGE 2020
EMV $ 2,713,975,000 $ 2,308,777,700 $ 2 ,161,134,700
NC $ 41,842,400 $ - $ -
EMV (WITHOUT NC) $ 2,672,132,600 $ 2,308,777,700 15.7% $ 2 ,161,134,700
RESIDENTIAL ESTIMATED MARKET VALUE SUMMARY
ASSESSMENT YEAR = 2022 2021 PERCENTAGE CHANGE 2020
EMV $ 2,005,941,100 1,657,124,800
NC $ 13,787,900
EMV (WITHOUT NC) $ 1,992,153,200 $ 1,657,124,800 20.2% $ 1 ,563,791,400
NUMBER OF PARCELS (IMPROVED) 8,340 8,290
MEDIAN VALUE $ 2 21,650 $ 1 82,200 $ 1 72,000
MEDIAN VALUE PER SQ FT $ 1 72 $ 1 44 $ 1 34
MEDIAN YEAR BUILT 1974 1974 1974
MEDIAN SQ FT (TLA - TOTAL LIVING
AREA ABOVE GRADE) 1 ,320 1 ,321 1 ,319
NEW HOMES 35 33 32
SINGLE FAMILY 12 21 13
TOWNHOMES 2 0 6
PATIO HOMES 12 12 13
COMMERCIAL - ESTIMATED MARKET VALUE SUMMARY
2022 2021 PERCENTAGE CHANGE 2020
EMV $ 272,980,400 $ 263,702,100 $ 2 55,791,800
NC $ 2,302,000 $ - $ -
EMV (WITHOUT NC) $ 270,678,400 $ 263,702,100 2.6% $ 2 55,791,800
INDUSTRIAL - ESTIMATED MARKET VALUE SUMMARY
2022 2021 PERCENTAGE CHANGE 2020
EMV $ 238,491,600 $ 209,080,300 $ 1 77,108,900
NC $ 17,952,500 $ -
EMV (WITHOUT NC) $ 220,539,100 $ 209,080,300 5.48% $ 1 77,108,900
APARTMENTS - ESTIMATED MARKET VALUE SUMMARY
2022 2021 PERCENTAGE CHANGE 2020
EMV $ 152,297,200 $ 136,628,500 $ 1 27,280,600
NC $ 7,800,000 $ - $ -
EMV (WITHOUT NC) $ 144,497,200 $ 136,628,500 5.76% $ 1 27,280,600
AG/RURAL - ESTIMATED MARKET VALUE SUMMARY
2022 2021 PERCENTAGE CHANGE 2020
EMV $ 39,405,100 $ 37,949,200 $ 3 3,074,500
NC $ - $ - $ -
EMV (WITHOUT NC) $ 39,405,100 $ 37,949,200 3.84% $ 3 3,074,500
2022 City of Owatonna Assessment Report
7

[PAGE 14]
2022 City of Owatonna Assessment Report
8

[PAGE 15]
Residential New Starts by Jurisdiction
2022 City of Owatonna Assessment Report
9
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YEAR AURA BERL BP CITYBP TWP CF TWPDRFD TWP ELEN CITY HVNA TWPLEMD TWPMDFD CITY MDFD TWP MERD TWP MERT TWP OWTN OWTN TWP SOMM TWPSUMM TWP Total
2010 2 4 3 1 3 1 1 1 18 1 35
2011 2 1 1 2 13 1 20
2012 2 1 1 2 1 1 1 11 1 3 1 25
2013 3 1 1 1 1 24 31
2014 3 2 6 2 1 1 1 1 3 1 2 1 23 1 1 49
2015 4 1 1 1 1 3 1 15 3 2 2 34
2016 2 2 1 1 1 1 1 3 3 35 3 1 54
2017 6 2 1 1 1 1 1 1 1 37 2 1 55
2018 1 4 1 1 1 1 1 1 45 1 1 58
2019 4 1 2 1 2 3 2 35 1 51
2020 1 1 1 1 1 3 2 1 36 2 1 50
2021 2 1 3 1 1 2 2 2 35 1 50
Total 11 28 20 10 6 11 12 5 12 21 3 11 5 327 8 12 10 512

[PAGE 16]
2022 City of Owatonna Assessment Report
10
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[PAGE 17]
City Comparison in Steele County
CITY OF MEDFORD
Spring 2022 Fall 2021 % CHG w/o Imp
Land $ 24,346,300 $ 22,748,500 7.0%
Building $ 1 05,538,900 $ 89,945,900 17.3%
*** Total EMV $ 1 29,885,200 $ 1 12,694,400 15.3% 14.1%
**Ag/Rural $ 1,095,700 $ 881,200 24.3% 24.3%
**Residential $ 1 05,069,500 $ 89,990,600 16.8% 16.2%
**Apartments $ 5,142,900 $ 3,990,900 28.9% 7.8%
Commercial $ 17,247,700 $ 16,504,000 4.5%
Industrial $ 1,329,400 $ 1,327,700 0.1%
**Commercial Industrial $ 1 8,577,100 $ 1 7,831,700 4.2% 4.2%
**New Improvements $ 1,317,000 $ 1,210,500 8.8%
Resid Hstd $ 452,000 $ 415,300
Resid N-Hstd $ 25,000 $ 169,200
Apartments $ 840,000 $ 566,000
Commercial $ - $ -
Industrial $ - $ 60,000
2022 City of Owatonna Assessment Report
11
C IT Y O F B L O O M IN
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[PAGE 18]
2022 City of Owatonna Assessment Report
12
C IT Y O F E L L E N D A
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[PAGE 19]
General Assessment Information
Homestead Market Value Exclusion
The Homestead Market Value Exclusion is the last item in the hierarchy of market value components before
taxable market value. (Minnesota Statutes, section 273.13, subdivision 35) Residential property and the
portion of agricultural property classified as the house, garage and surrounding one acre of land, shall be
eligible for a market value exclusion. The following examples will illustrate these calculations for different
types of property. Simply stated, the exclusion decreases as the market value increases (also works conversly).
Calculation of the homestead market value exclusion involves several steps. For a homestead valued at
$76,000 or less, the exclusion is 40 percent of market value, yielding a maximum exclusion of $30,400 at
$76,000 of market value. For a homestead valued between $76,000 and $413,800, the exclusion is $30,400
minus nine percent of the valuation over $76,000. For a homestead valued at $413,800 or more, there is no
homestead valuation exclusion.
------------------------------------------------------------------------
Statutory Class Rates:
2022 Tax Capacity and Class Rates
Taxable Market Value X Class Rate = Tax Capacity
57 classifications condensed
Class EMV Class Rate Sub to State Tax
Residential $500,000 1.00% No
Over $500,000 1.25% No
Apartments No tier 1.25% No
Commercial/ Industrial First $100,000 1.50% No
$100,001 - $150,000 1.50% Yes
Over $150,000 2.00% Yes
Agricultural:
House, Garage, One Acre:
Ag Homestead First $500,000 1.00% No
Over $500,000 1.25% No
Remainder of Ag Land:
First $1,890,000 0.50% No
Over $1,890,000 1.00% No
Non- Homestead: All Value 1.00% No
2022 City of Owatonna Assessment Report
13

[PAGE 20]
Quinitle Plans
2022 City of Owatonna Assessment Report
14

[PAGE 21]
8
City of Owatonna Local Board
April 19, 2022
Original Classification/ Original Valuation/
Parcel Deedholder Address Adjusted Classification Adjusted Valuation $Change
17-003-2305 BAIN/JAMES A 509 HAZEL LANE Residential -Single Unit Dwell $ 92,100
Rec#: 1 Residential -Single Unit Dwell $ 92,100 $ 0
Reason for Change: No Change - No Inspection
17-139-0302 AHLRICHS/SHERRY LYNN 1039 GROVE AVE S Residential -Single Unit Dwell $ 164,000
Rec#: 1 Residential -Single Unit Dwell $ 164,000 $ 0
Reason for Change: No Change
17-187-0134 GEHAN/JOHN & LEE 2110 LINN DR Residential -Single Unit Dwell $ 309,800
Rec#: 1 Residential -Single Unit Dwell $ 301,600 -$ 8,200
Reason for Change: Value High - Land
17-210-0106 GRIFFIN/THOMAS R & CONNIE J 346 13TH ST NE Residential -Single Unit Dwell $ 184,600
Rec#: 1 Residential -Single Unit Dwell $ 184,600 $ 0
Reason for Change: No Change
17-275-0108 KAUTZ/CRAIG L & JANICE B 150 18TH ST NE Residential -Single Unit Dwell $ 282,600
Rec#: 1 Residential -Single Unit Dwell $ 282,600 $ 0
Reason for Change: No Change
17-284-0207 SKOV/KYLE A 763 17TH ST SE Residential -Single Unit Dwell $ 281,400
Rec#: 1 Residential -Single Unit Dwell $ 281,400 $ 0
Reason for Change: No Change
17-305-0111 DRAKE/JERRY A & FRANCIE K 155 CEDAR PL Residential -Single Unit Dwell $ 250,700
Rec#: 1 Residential -Single Unit Dwell $ 250,700 $ 0
Reason for Change: No Change

[PAGE 22]
Original Classification/ Original Valuation/
Parcel Deedholder Address Adjusted Classification Adjusted Valuation $Change
17-374-0101 SHAW/MICHAEL H/& 547 SCHOOL ST E Residential -Single Unit Dwell $ 298,500
Rec#: 1 DEANNE M SHAW Residential -Single Unit Dwell $ 298,500 $ 0
Reason for Change: No Change
17-383-0105 SKALA/NATHAN J & DIANE A 520 HAZELTINE PL NE Residential -Single Unit Dwell $ 418,100
Rec#: 1 Residential -Single Unit Dwell $ 418,100 $ 0
Reason for Change: No Change
17-538-0108 STROM/RICHARD W & SUSAN M 1925 WHITETAIL RUN PL NE Residential -Single Unit Dwell $ 469,300
Rec#: 1 Residential -Single Unit Dwell $ 469,300 $ 0
Reason for Change: No Change - No Inspection
17-555-0403 HOLMES/DOUGLAS A & JILL E 1135 JADDEN LANE SE Residential -Single Unit Dwell $ 494,000
Rec#: 1 Residential -Single Unit Dwell $ 494,000 $ 0
Reason for Change: No Change
17-572-0106 SANDE/BRIAN H & RACHEL P 2175 MAPLE LEAF LN NE Residential -Single Unit Dwell $ 430,700
Rec#: 1 Residential -Single Unit Dwell $ 430,700 $ 0
Reason for Change: No Change
17-593-0124 ADAMS/GARY J & TAMMY L 2168 HARBOUR OAK DR SE Residential -Single Unit Dwell $ 466,200
Rec#: 1 AS TRUSTEES Residential -Single Unit Dwell $ 449,000 -$ 17,200
Reason for Change: Value High - Bldg
17-598-0112 HEMANN/RYAN T & ANNE M 2720 TIMBER RIDGE PL NE Residential -Single Unit Dwell $ 506,000
Rec#: 1 Residential -Single Unit Dwell $ 483,000 -$ 23,000
Reason for Change: Value High - Bldg
17-599-0001 BISHMAN/COLE Residential Vacant Land $ 7,100
Rec#: 1 Residential Vacant Land $ 6,300 -$ 800
Reason for Change: Value High - Land

[PAGE 23]
Original Classification/ Original Valuation/
Parcel Deedholder Address Adjusted Classification Adjusted Valuation $Change
17-599-0215 BISHMAN/COLE B & LINDSEY J 1507 EAGLE RIDGE ST NE Residential -Single Unit Dwell $ 308,800
Rec#: 1 Residential -Single Unit Dwell $ 304,500 -$ 4,300
Reason for Change: Value High - Land
17-605-0101 ADAMS/GARY J & TAMMY L 1514 SMITH AVE SE Residential -Single Unit Dwell $ 174,500
Rec#: 1 AS TRUSTEES Residential -Single Unit Dwell $ 174,500 $ 0
Reason for Change: No Change