Property Records 301 Court Avenue Park Rapids, MN 56470 CUT INY cree Email: propertyrecords@co. hubbard.mn.us Phone: (218) 732-3652 ‘ u 2024 Assessment Summary Valuation Changes This section provides a detailed description of any valuation changes made to each property type. Information is provided for each township, city, and the countywide. Additionally, each assessment ‘summary page contains sales information. This is the information that was used to make the assessment changes. Land and Lake Values This section shows the lakeshore front foot values on the top 10 lakes (based on total value) and the estimated market value of five-acre sites, price per acre for acreage over § and dry tillable for each township. Board of Appeal and Equalization A schedule of all Local Board of Appeal and Equalization meetings has also been provided here. Sales Data This section shows the time trends for Hubbard County, the preliminary and final ratios countywide, and detailed listing of the land sales that were used to determine the market changes for the 2024 assessment. The land sales sheets show buyer and seller information, net sale price, time adjusted sale price, sale price per acre, and land types.Property Records 301 Court Avenue Park Rapids, MN 56470 ag HUBBARD ou ee poaal! i Email: propertyrecords@co. hubbard.mn.us Phone: (218) 732-3552 Land The percentage increase represents a percent increase per acre, front foot, unit or other units. Additional increases or decreases were reviewed for each individual district (township or city) based ‘on what sales data showed Non-Agricultural Site Value (5 Acres) 11% Bare Land (5+ Acres): 25% Agricultural Dry Tillable: 26% Irrigated Tillable: 25% Pasture: © Open 50% * Wooded 33% * Mixed 32% Grassland or Meadows: 28% Lowland Waste: 50% Exempt Wetlands: 56% Site Improvements Wells: 25% Septic System: 25% Partial Site 25% Water Lakes 18% Rivers: 13%Property Records 301 Court Avenue Park Rapids, MN 56470 Gs Email: propertyrecords@co. hubbard.mn.us Phone: (218) 732-3552 Improvements The building rate per square foot on dwellings was increased county wide by 10%. Additional changes were made to individual districts based on what the sales data indicated. Below are the average increases (per square foot) for on-water, off-water and commercial neighborhoods which affect all improvements (dwelling, garage, basement finish, decks, patios, pole bams, etc.) per square foot. Off Water: 5% On Wat 10% Resorts: 16% Commercial: 10% Land and Lake Values Lake Front Foot Values Below is a chart showing the top lakeshore per front foot rate for the top 10 lakes in Hubbard County according to overall value of lakeshore. Lake Name 2024 Rate Total Lake Frontage Value Long $ 1,900 $ 158,982,300 Belletaine _ $ 2,000 ~~ $ 157,005,100 | Kabekona $ 1,800 $ 91,063,100 Potato $1675 '$ 88,020,200 Big Sand $1,725 '$ 62,756,300 Mantrap $1,550 $56,892,800 Fish Hook $1,550 $ 37,140,100 Little Sand $1,050 $31,209,100 Spider $1,050 ‘$29,776,500 Eleventh Crow Wing $1,075 $ 28,703,140Property Records 301 Court Avenue Park Rapids, MN 56470 Email: propertyrecords@co.hubbard.mn.us Phone: (218) 732-3652 Value Comparison Below is a comparison between preliminary values for the current and previous assessment. This shows the breakdown of value per classification [Hubbard County = Land '$2,652,736,305 | $2,296 ,908,820 15.47%. Building '$3,261,081,345 | $3,422,628,329 ee [Total Market Value, '$5,013,317,650_| _ $5,719,537,149 ae ee 81,500 Saar oe 000 (0.40% 2a-st Acre ‘$20,282,350 817,565,350 15.47%. 2a-Hse/Gar & TAC $130,563,850 '$150 696,350 7.39% 2a-Bidgs(Excl HIG ‘$36,606,900 $34,083,400 40% 2a-Site(Excl AC) 30. 30 WA 2a-Tilable Land ‘$202,827, 300 $163,943,100, Be 2a-PasiMead Land $64,801,100, $48,127,600 34.64% 2a-Other Prod Lan. 35,660,700. ‘$4,696,500, 20.53%. ?2a-Total 2a Ag $449,460 450 $401 546,050, 11.33% ‘2b-Minor Anci BL $287,300. ‘$297,200 339% ‘2b-Woods/Timber L '$346,020,202 [$200 828,266, 18.98% ‘2b-Waste Land, $17,654,300, $11,667,800 51.31% ‘2b-Non-Prod Other ‘$57,260,300, $50,573,000. 13.22%. 2b-Total 2b Rural 421,222,100 '$353,366,300 19.20% ‘2e-Managed Forest ‘$46,718,700, $30,763,400 17.49%. [Total AgiRural $1,927,647,652 | _$1,700,286,218 13.37% Se ee ee er ee 045, 0.93% Res N-Hstd $42,700,955 "$403,671,674 57% Non Comm Seas Rec $2,045,723,500 | _$2,005,465,600. 2.01% [Total ResiSeas '$4,623,629,500 | $4,564,382,699 a ‘$54,084,000 ($49,221,700 i: 3, | MH Park, $1,810,300 ‘$706,100 7156.38% ‘Commercial $181 903,500, 183,988,300 “1.13% Industral $36,850,500, $34,784,200 5.94% ‘Comm Seas Rec $97,332,300, $90,448,500, 761% FFotal AptiCom.Ind. $371,980,600 '$359,148,800, 357% Buildings $3,024,163 $1,244,086 143.0896. 2b Minor Ancilar $23,700 $0 NA Residential $34,526,735) $30,490,755. 73.24%, 'Non-Comm Seasonal $20,585,429 $22,165,939 33.47%. ‘Apartments $21539,200, ‘$0 NA [Comm Seas Rec '$487 600 $541,704 NIA, ‘Commercial $1,619,000 32,802,865, 2.24% Industrial $384,120, ‘$2,282,899, 83.17% “Total New improve 372,183,951 359,528,252Property Records 301 Court Avenue Park Rapids, MN 56470 Email: propertyrecords@co.hubbard.mn.us Phone: (218) 732-3562 Land Acreage & Site Values Below is a chart showing countywide values for a five acre building sites, larger tracts of land acreage and dry tillable (non-irrigated) acres. 5 Acre Site - $24,800 | SAcre Site -$28,200 | SAcre Ste-$35,000 | 5 Acre Site - $26,100 Price per Acre Price per Acre Price per Acre Price por Reve ‘Actes - $2,375 5+ Acres - $2,800 5+ Acres - $2,675 Tiabe 82425 |_oyytamle-s2775 | oy taaie-s20s0_| ov tae $260, S Acre Ste -525, 10 Shae Ste-$30200 | _§ Ace Sie-522000 cape Kaan | aaa aa a pa Aa srace sian | sracer-tiats | seaamcsanon | Shum S20 Tunis 32650_| oy Tate s257s [on Ttaie-s2es0_| on Tuabe_s2510 [ sae ste-sz4000 | save ie s25200 | Sacre Sie-s25600 |S Ace Sie-S00200 [a ice pa Rae Fie pa a stace siren | crac siet | sedsmcsaeso | Sete: sams Tillable - $2,550 Dry Tillable - $2,500. Dry Tillable - $2,650. Dry Tillable - $2.500_ Shee Sie-s30060 | sAcre ste-877500 | _SaceSte-821200 | SAce Ste-SH0500 Reapers ae Femme srare-sito | sthowsizts | sence t220 cyte sszeso | oy tuase:s2ec0 | oytamie-s2520 | Oy Taste $2550 1 Acre Sie - 831400 5 Aco Si -$23200 | _ 5 Ace Sto 531.600 Price per Ae Price por Acre Price por A Price per Acres - $2,475 5¢ Acres - $2,700 5+ Acres - $2,875 5+ Acres -$2,700 Dry Tillable — Titable -$3,000_]|_ Ory Tilable - $2,750 Tilable - $2,551 5 Acre Site - $32,400 | 5 Acre Site -$29,400 | 5 Acre Site -$32,400 5 Acre Site - $32,100 Price per Ae Price per A Price per Aa Price por ‘Acres - $3,200 5+ Acres - $3,175 5+ Acres ~$2,850 Dry Tilable - $2,750 Tilable -$3.125_|__ Dry Tilable $2,875, 5 Acre Site -$29,600 | 5 Acre Site -$42,950 | SAcre Site-$27,950 | 5 Acre Site -$27,500 Tilable- $2,560 Price por Acre Price per Acre Price per Acre Price per Acre ‘Acres - $2,100 St Acres - $3,150 54 Actes ~$2,250 i table - $2,500_]_Dry Tilable- $2,875 Dry Tilable - $2,250 Tilable - $2,250 lable. [Ory Titable:_$ 2,500 JOry Tilable:_$ 2,550 Jory Tilable: 2.750Property Records 301 Court Avenue Park Rapids, MN 56470 STN COUNTY) Email: propertyrecords@co.hubbard.mn.us ‘Phone: (218) 732-3862 Board of Appeal and Equalization ‘Appeals may be presented to the Board of Appeal and Equalization in person, in writing, or through a representative, Below is a schedule with meeting dates for all the board of appeal meetings for Hubbard County. Just a reminder that appeals must be heard first at the Local Board of Appeal and Equalization meetings prior to the County Board of Appeal and Equalization meeting. Open book appeals may appeal directly to the County Board. District Date Meeting Style 01 Akeley Township _ May 6, 2024 LBAE 02—Arago Township May 16,2024 OPEN 03 = Badoura Township May 2, 2024 LBAE 04—Clay Township May 9, 2024 LBAE (05 — Clover Township April 23, 2024 LBAE 06 — Crow Wing Lake Township May 7, 2024 LBAE (07 — Farden Township ~ April 30, 2024 LBAE 08 — Fern Township April 25, 2024 LBAE “09 = Guthrie Township May 1, 2024 LBAE 10 — Hart Lake Township April 30, 2024 —_LBAE [11 = Helga Township May 13, 2024 OPEN 12 — Hendrickson Township May 1, 2024 LBAE 13 = Henrietta Township April 22, 2024 LBAE | 14—Hubbard Township April 18, 2024 LBAE 15 — Lake Alice Township May 13, 2024 ‘OPEN 16 — Lake Emma Township _ May 9, 2023 LBAE 17 Lake George Township April 16, 2024 LBAE 18 — Lake Hattie Township April 16, 2024 LBAE 19 — Lakeport Township May 13, 2024 OPEN 20 — Mantrap Township April 17, 2024 LBAE 21 —Nevis Township May 2, 2024 LBAE 22 — Rockwood Township April 25, 2024 LBAE 23 — Schoolcraft Township May 13, 2024 OPEN 24 — Steamboat River Township May 13, 2024 OPEN 25 — Straight River Township May 7, 2024 1 IBAE 26 — Thorpe Township ~ May 13, 2024 OPEN 27 = Todd Township April23, 2024 LBAE 28 — White Oak Township = May 6, 2024 LBAE 29 — Akeley City April 17, 2024 LBAE ~ 30 — Laporte City May 13, 2024 OPEN 31=Nevis City — May 16, 2024 OPEN 32 — Park Rapids City April 18, 2024 LBAEProperty Records 301 Court Avenue Park Rapids, MN 56470 (HUBBARD COUNTY) Email: propertyrecords@co. hubbard.mn.us Phone: (218) 732-3552 Sales Data Average Price Per Acre The county had 33 large tracts (over 34.5 acres) of land sell. The average price per acre paid on all of those sales was $3,350. ime Trend Hubbard County did receive a time trend adjustment on all seasonal or recreational improved properties as well as rural vacant land and agricultural land. As a reminder, when we are analyzing sales and determining our sales ratio, we have to use the time adjusted sale price. Seasonal & Res. Off Water Properties 5.0875% - 7.2638% Seasonal & Res. On Water Properties §.2423% - 6.2409% Rural Vacant Land / Ag Properties 15.80% COUNTYWIDE fi Water | #of Prelim 4 PT Type Description ‘Status | Sales | Ratio Final Ratio 2 Apartments 3 | 48.04% |_ 74.24% 6 Commercial 24 82.24% | 101.66% 7 Industrial 4 77.26% |_91.45% 91 ResidentiavVSRR 324 | 85.06% | 97.22% 91 ResidentiaVSRR N 180 | 84.69% | 97.14% 94 Residentia/SRR Ww 144 | 85.19% |_ 97.27% 93 AgIRVL bare > 34.5 acres 29 | 71.15% | 93.13% 95 Ag/RVL improved > 34.5 acres 33 74.51% | 94.12%coca 1 2022 Sept 30,2028 sale |sate| netsate | sates | T°, | ag. Dry | trigated Waste/ | Adustea | Final | Value et. 1, 2022 - , ale | Sale| Net Sale | Sales | 41 |. Price rigate e inal_| Value a ae Seller | onth| Year| Price [Price per] a*lusted ne Til | Tilabie | Pasture] Woods| wettands| 2024eMV| Ratio | Per Parcel ID Acre Sele Price Acre ‘Akeley Twp 01.12.01130 Stein Johnson: 9 |2023| $224,700 | $2,809 | $235,961] $ 2,950 80 - = = 63.5 16.5 $192,300 81.50% | $2,404 01.24.00200 Wood Knouse 3 [2023] $240,000 | $3,000 | $271,208|$ 3,390 80 50.6 a = 25.18 3.93 ‘$302,300 [111.46%| $3,779 01.34.00300 Nelson Knouse 2 |2023| $120,000 | $3,000 | $137,272] $ 3.432] _ 40 16.6 2 = 177 4.21 $ 108,600 | 79.11% | $2,715 Arago Twp 02.05.00300 02.08.01300 Breitweser Butler 7 | 2023} $510,000 | $3,907 | $548,814 | $ 4,204 - - . 77.79 42 $552,200 |100.62%| $4,230 02.17.00600 B 02.20.00100 Ackerman Hammond | 2 |2023| $345,374 | $1,401 | $395,084 | $ A22)) = - | 78.65} 21.72 | $713,600 |180.62%| $2,895 02.20.00200 02.18.00310 Minnesota % 02.18.00100 RD Offutt 4 |2023|$1,283,451| $3,269 |$1,432,720| $ 3,649. 27.8 | 275.44 = 625 | 9.47 |$1,453,600] 101.46%| $3,702 02.18.00120 ne 02.19.00700 Holmer Eischens 3 |2023| $125,867 | $1,508 | $142,234 |$ 1,704 4.96 63 : 5.97 6.35, $311,000 [218.65% $3,725 Badoura Twp (03.20.0120 Orth Belsky 5 [2023] $135,000 | $3,302 [$148,670 [$ 3.641] $83,800 [56.20% [ 4089 | = i 48 [1508 | 825 | $00,500 [06.04% | $2,493 Clay Twp 04.05.00400 Gray Neff 5 [2023] $100,000 | $1,250 | $110,274 | $ 1.378 80 x * = 56 24 $156,200 [141.65%| $1,953 Glover Twp (05.15.0300 05.15.00400 Peterson Orr 3 12023) $452,000 | $2,260 | $510,775 | $ 2,554 200 7 > ¥ 187 10 $475,700 | 93.13% | $2,379 05.15.00600 Guthrie Twp Cece oosoy Nordstrom Diaz 3 |2023] $420,000 | $10,495 | $474,614 | § 11,859 40.02 |207| - - | 1602] - | $451,900 | 95.21% |$11,202| 09.07.00410 Haus Smith 7 _|2023| $111,657 | $2,791 | $120,155 | $ 3,004 40 67 m: : 33.3 ‘s $111,000 | 92.38% | $2,775. Oooo oos20 Traut Sheets 7 2023] $280,000 | $2,007 | $301,809 | § 2,160 199.52] 32] - - | 39.44) 21.27 | $287,100 | 95.28% | $2,058 onan Weickert Schmidt | 6 2023] $170,000 | $2,117 | $185,188 | $ 2,306 80.31 - - | 437 | 36.57 | $162,400 | 87.69% | $2,022 Hart Lake Twp 10.02.00510 07.35.01100 Gregerson ‘Cvancara 8 | 2023] $350,000 | $2,585 | $372,061 | $ 2 rae) sea0700 67] 136.41 | 17 P. - 87.48 se! $290,700 | 78.13% | $2,147 Helga Twp 411.20.00900 Bessler Hopkins 7 [2023] $80,000 | $2,000 | $86,088 [$ 2,152] $85,000 [98.74%] 40] = = = 40 =] $107,000 [124:20%] $2,675 Henrietta Twp 13.16.0070 ‘Ackerman Madsen 8 [2023] $612,000 | $3,625 | $650575[$ 4066] $306900 [47.17% [160 [734] = = [722 T_ 1198] $399,200 | 61.36% | $2,495 Hubbard Twp 14.34.00200 Johanning Taylor Farms | 12 |2022| $417,301 | $2,801 | $489,179 | $ 3,283 149 99. = > 16.45 32, $365,200 | 74.66% | $2,451 14.34.00400 Johanning Taylor Farms 12 | 2022} $448,109 | $2,801 | $525,294 | $ 3,283} 160 86, = 5 445, 26 $440,800 | 83.91% | $2,755 Lake Alice 16.22.0010 peanae Besser_| 11 [2022] $69,500 | $2,006 | $82,473 |$ 2,081] $o0900 [o5s6% | o4G4 | = 5 7 [332 [2032 | $66,500 | 80.63% | $1,92072023 Bare Land Sales ct. 4, 2022 - Sept. 30, 2023 Sale | Sale| NetSale | Sales ee Seller | Month| Year| Price _|Price per| Parcel ID ‘Acre 16.18.02000 Te ora Studebaker | Burrell 5 |2023| $272,000 | $3,400 16.33.01600 See Hensel Wade 8 |2023] $486,500 | $6,081 17.14.00710 Smith Clemens | 7 |2023] $01,875 | $2,207 19.17.01930 ; ee Linguist | Seegmiler | 1 |2023| $118,500 | $2,888 19.23,00500 ‘Anderson Willer @ [2023] $62,000 | $1,837 20.21.0800 ae Gritfith stevens | 9 [2023] $360,000 | $2,917 oI 20.29.0100 Mis Invessents | 7 |2023| $464,000 | $2,900 21.22.01100 Rahman Emery | 12 [2022] $402,000 | $2,513 21.23.0070 plea iaon Trifecta Holdings| Emery 1 |2023] $301,000 | $2,508 25.06.0100 Talbot Gebhardt | 7 |2023] $820,000 | $2,742 25.22.00103 ‘Shaw Ferch 3_|2023] $201,000 | $2,956 25.26.01400 Makela Etter 11 _|2022| $125,000 | $3,125 28,34,00500 Henkels Gray 7 [2023] $176,000 | $2,933 White Oak Twp7 Take Name “Townshipts) ‘Vier Neighborhood [2023 Factor] 2024 Factor| Change | WAL | 2023Rate | 2028 Rate | ‘Change | PTType | Median Ratio Before | Median Ratio After | Wof Sales Lake Alice 100601400 936150 58.32% 72.98% ° 7a80% 93.48% 3 Henrietta "00101800 107 aa 3% sizzia_| $1,745 | $2,000 | 15% z : ° Belle Taine rome 00101813, 144 13 10% [91113 [$2,905 | $2,000 3% = : o a (00101850 as a ae gazaia [$1,745 | $2,000 ae a 37.50% 97.99% 7 "00101860 gizaia | $1,745 | $2,000 o 0101899 sizzia_| $1,745 | $2,000 74.93% 90.19% 5 Benedict ‘Steamboat River 00500400 g13zaq | $2335 | $1,475 96 5 - 0 31 091% 90.95% 7 Big Stony SE 917064 | $805 $925 9% 3 = - . co102400 aa 1.25 3% ~ = = : sia | $845 $925 ae $ Boulder Henrietta 00102600 s2o13a | $1,400 | $1,550 0 87.09% 97.40% z ‘Akeley Township (00113800 1.01 1.03 2% srsoia | $225 $250 1% : 2 - : 96 5 ° ‘ow Wing Riv 101 1.03 Crow Wing iver | Crow Wing River (00113800 0 % 76064 | $285 $300 5% * ae wae + Nevis Township 00113800 101 1.03 2% | s76a1n | sais $250 16% : : 8 White Oak (00113803 o762ea | $325 2 52% 2 ioe 1100.429% 1 3 43.57% 08.52% 1 Nevis Tw 27 a ie | 922: Deer Twp (00110200 1 aia | 5495 $575 16% en Berm ae + Mantrap (00114000 922200 | $495 $575 4woe ae ooisec0 = [2 | ™ | won | oe | == | om L® Ea cr H ast Dead Mantrap 00105900 129 ais | tow | a2s20a | seas | $800 26% * 55578 107 559% 2 96 : ei ° oor m ; x Evergreen Schooleraft 00601000 17 123 sx | 772, | sao | soo 22% # an = o ' 96 5 5 ° Fishhook River N Park Rapids 32060000 19 1.25 sx | svn | sus | srs % # — _— 8 Frontenac Rockwood 00301400 0.99 a % 779220 | $325 $350 3% Ea = ; + i 3 30.78% 7K FI 96 : : ° 30200 . ; 635 George Lake George 00201 13 116 ax | saoica | 5 $700 10% 36 aE 4 96 : . ° Ham White Oak ‘0400400 a3 121 am | saan | 950 | $000 % % — EE a 96 153.73% 167.395 1 7 5 1 Hennepin Rockwood ‘00600400 102 1 am | rare | saa $325 2% ae pees as A 36 305% 99.30% 2 3 : : a 96 : : o aa Henvieta vasiaa | g505 | $550 6% a - : 3 0105200 1.04 1.04 o% tac ron | we | aso | om [—# ss ae 2a a 00502400 = a a Se ee eee Pe | sane | we [in [ao | m [om | om | ow | om Fo— [6 | sso | ores | | ee a a Lakeport 8131 i a a fs 8 [rene | stosnee | nom | oss |x| om | ma | ses | son |e |e a fe fener Henrietta 0112800 1.07 1109 $335 = [sn | assix | eee a‘Straight River Straight River Crow Wing. Nevis Township 10th Crow Wing 09 0.86 72.33% OFF Water 11.35%,