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2013HRAYERi UtCIi11U1S011 i�R.� I' RA Hutchinson Housing & Redevelopment Authority 111 Hassan Street SE Hutchinson, MN 55350 (320) 234-4251 Fax (320) 234-4240 NMLSR# 396789 www.hutchinsonhra.com f RA Hutchinson Housing & Redevelopment Authority 2013 YEAR END REPORT In 2013, the HRA worked on the following housing objectives: 1. Continue to maintain strong emphasis on property management, property improvements, energy conservation, and tenant services at Park Towers. 2. Support rehabilitation of aging housing stock to preserve housing stock and prevent decline of neighborhoods. 3. Monitor foreclosures and purchase/rehab/resale or purchase/demolish/new construction bank owned, short sale, vacant or blighted properties as funding allows. Summary of 2013 Activities Park Towers Apartments: Property improvements and energy conservation remains a priority 2 Many improvements, including energy conservation measures, were made with $80,873.67 federal capital program funds: Renovated the 7th floor library into the Parkside Room providing free Wi-Fi. The library and elevator lighting was replaced with energy efficient T8 fluorescent bulbs. Replaced 73 apartment refrigerators with energy star refrigerators. CFL light bulbs were at the end of their life expectancy in apartment bathroom light fixtures so replacement energy efficient LED light bulbs were purchased for replacement at time of apartment inspections. Purchased 57 replacement faucets to replace leaky faucets as needed, at time of upcoming apartment inspections. Installed new lounge chairs in elevator lobbies and replaced two gliders in first floor parlor. A laundry room washer was replaced with a high efficiency, front loading washing machine. Administered $79,000 in Public Housing State Bond Funds from Minnesota Housing with deferred loan terms of 0%, no payment, forgiven after twenty years. A large, inefficient boiler was replaced with three triangular boilers and a backup triangular water heater was installed. A large amount of staff time was spent to meet the criteria of the program, including bidding, construction, and assembling documents required for closing the deferred loan after construction was complete. After 2013 Hutchinson HRA Year End Report 3/19/2014 Page 1 of 11 Pages Property Management 1. Updated the following: Resident Handbook, 2013 Schedule of Charges and 2014 Park Towers Annual Plan. 2. Maintained a HUD PHAS High Performer Score of 99 out of 100 on Park Towers operation and management. 3. Achieved a 98% average occupancy for 2013 and prepared and leased twenty apartments. 4. Entered into a contract with Nelrod Company to conduct an Energy Audit and Green Physical Needs Assessment. 5. Inspected all units, community areas and systems. 6. Bedbugs have become a problem in multifamily housing. Park Towers has put into action the following protocol based on information from Minnesota Let's Beat the Bug Campaign - the University of MN Extension office and from Ecolob staff and entomologists. Park Towers pays for bed bug treatments, therefore, education, early detection, and effective treatment is critical in order to control treatment costs. i. Educate Tenants to help prevent infestations: a. Bedbugs can enter apartments in used mattresses, box springs, clothing, household or other items, furniture or bedding; by traveling along pipes or wiring from another infested apartment; or as "hitch -hikers" on you or your visitors clothing, shoes and bags. b. Never bring in used furniture, box springs, mattresses, or bedding unless the item is from a personal family member or friend and you are positive the item is free of bedbugs. If you bring in used clothes or other used items, put the clothes or personal items into a plastic garbage bag, tie or seal before entering the building and do not unwrap and use until the bag has been placed into the maintenance garage freezer at -10 degrees for forty eight hours. If you think you have come into contact with bed bugs, immediately place your clothing, shoes, and bags into a plastic garbage bag, tie or seal and place the garbage bag into the maintenance garage freezer at -10 degrees for forty eight hours. When traveling, check for bed bugs in your hotel room. Keep your suitcases off the bed and check them for bed bugs when departing. Even though Park Towers pays for pest control treatment, it is to your benefit and the benefit of your neighbors to report a bed bug infestation immediately and to follow precautionary guidelines to prevent bed bug infestations from occurring. ii. Detect infestations early: a. Plan to install bed bug traps in every apartment to detect infestations early. Tenants should monitor and report suspected bedbugs promptly to the management office. A schedule for monitoring inspections by Ecolab or Park Towers Staff will also be devised. iii. Treat according to standardized treatment procedures as follows: a. Provide plastic bags and laundry bags to tenants immediately with instructions for use in order to prevent spread of infestation b. Ecolab staff will conduct treatment orientation with Tenant c. Cover mattress and box spring d. Tenant will freeze, launder or dispose of infested personal property promptly according to the Park Towers Bed Bug Treatment Procedures -Resident Responsibilities instruction sheet. e. After freezing or laundering, personal clothing needed for daily use will be placed in a plastic bag and then into a plastic tote. 2013 Hutchinson HRA Year End Report 3/19/2014 Page 2 of 11 Pages f. If infestation is suspected, furniture will be disposed of or treated one time; if still infested after treatment, the furniture will be disposed of. g. Pull up and treat baseboard and carpet edge in infested room —especially the common wall between apartments. h. Pesticides will be applied to all electrical outlets. i. Install traps under bed, and also install sticky traps near heat pipes. j. Report housekeeping violations and failure to prepare apartment for treatment; lease violation letters will be issued if tenants do not cooperate. Although Park Towers pays for the bed bug treatment, the tenant lease requires that tenants cooperate with the bed bug treatment. k. Bedbug pesticide will be applied in outlets and common walls of all vacated apartments prior to a new move in. Tenant Services Continued focus on providing decent, affordable housing as well as facilitating services needed by the senior and disabled population at Park Towers. A management goal at Park Towers has been to support programs and partnerships that address the needs of residents. • Park Towers continued as a Senior Dining Program Site through a lease with Lutheran Social Services. Meals are prepared at the Evergreen Senior Dining kitchen, then delivered and served at Park Towers. 6,747 meals were served at Park Towers in 2013 through the Senior Dining Program. The full cost of a meal is $7.00 and the suggested donation is $4.00 - $7.00. • The Park Tower's 2013 budget included funding for Tenant Services to create a monthly activities calendar and newsletter. City Center: :°i*.��_•= Home Ownership MHFA has revamped its home buyer and home owner programs. CASA is no longer available but has been replaced by the MHFA START UP purchase loan for first time homebuyers. These loans have an option to obtain funding for down payment and closing costs along with a first mortgage. MHFA also offers funding through their STEP UP loans for current homeowners to purchase a new house or refinance their current house. Before Owner Occupied Rehabilitation Two rehab programs, the SCDP program and Minnesota Housing Rehab Loan Program, are HRA labor intensive, requiring applications screening for eligibility, inspections, work write ups, procurement and bidding, loan closing with the owner(s), construction oversight, disbursal of loan proceeds to the contractor, and reports to the state. The Minnesota Housing Fix Up Loan Program and SCDP $24,999 + GMHF $10,592 + Personal funds $127 = $35,718 Roof, Siding, Windows/doors, Furnace, Plumbing &Electric Community Fix Up Loan Program requires that the owner submit contractor quotes and that the owner meets loan underwriting criteria to obtain home improvement loan proceeds. However, HRA inspection and construction management is not required. SCDP Rehab Program The primary Federal Objective of the Small Cities Development program for owner occupied rehab is to provide financial assistance to low and moderate - 2013 Hutchinson HRA Year End Report 3/19/2014 Page 3 of 11 Pages income homeowners whose homes need rehabilitation. The secondary impact is to encourage the preservation of housing and improve neighborhoods. The HRA was awarded $175,400 in SCDP funding for an additional ten owner occupied rehab projects in the NE and SW neighborhoods of Hutchinson. Homeowners receive a 0% SCDP deferred loan with no payments, forgiven after ten years. The SCDP loan covers 70% of the repair costs. In 2013, the HRA closed on six SCDP rehab loans; it is estimated that eleven total homes will be improved with this program with program closeout at 2014 Year End. 2. Minnesota Housing (MHFA) Rehabilitation (RLP) Program — Two RLP loans were closed and $48,598 was disbursed. The MHFA Rehabilitation Program is a 0% deferred loan forgiven after fifteen years that stresses safety, livability, and accessibility for families with 3 very low incomes who own their homes. Minnesota Housing Finance (MHFA) Fix Up Loan and Communi . Fix Up Loan Home Improvement Programs — Administered the Fix Up Loan in Hutchinson and the Community Fix -Up Loan Home Improvement Loan Program. One Community Fix Up loan was an SCDP owner match and two were energy discount loans. 4. CRV Deferred Rehab Loan Program- $3,180 was administered for one loan as owner match leverage to the SCDP program. 5. Greater MN Housing Fund -$10,592.00 was administered for one loan as an owner match for the SCDP program. 6. Minnesota Department of Health Administered and disbursed funding of $5,846 from the Minnesota Department of Health for a lead hazard grant as owner match leverage to the SCDP program. 7. Nine total owner occupied properties were rehabbed in 2013; however multiple loans may have been needed for to fund the rehab project for each property. Before SCDP $24,903+ CFU $10,673 = $35,576 Roof, Siding, Windows/doors, & Electric Home Rental Rehab Program At Minnesota Housing Finance Agency request, the HRA completed a multi-year administration of the multi -family HOME Rental Rehab project in Litchfield and Pipestone and collected $19,638.10 for administration of these projects in 2013. 734 Southview Drive - After 2013 Foreclosure Remediation Initiative The HRA rehabbed a blighted, bank owned house at 734 Southview Drive SW, partnering with the School Construction Program. The - — house was completed and sold in June 2013. The HRA also acquired an abandoned, blighted house at 907 Lewis Ave in 2013. Demolition occurred during the summer of 2013 and construction began in the fall of 2013, again partnering with the School Construction Program. The house is scheduled for completion in June of 2014. These houses are rehabbed or newly constructed with value gap funds from Minnesota Housing Impact Fund. The Impact Fund requires rehab or new construction according to Green Criteria, providing an end product that is more energy efficient. For example, the HRA first new construction house built according to Green Criteria, 400 Lynn Road, had a HERS rating of 55 which should translate into 45% lower utility bills than standard construction practices. This program requires a large commitment of staff time to acquire the properties, rehab or demolish according to EPA guidelines and adhere to the requirements of the Impact Program. 2013 Hutchinson HRA Year End Report 3/19/2014 Page 4 of 11 Pages 907 Lewis Avenue SW 907 Lewis Avenue SW 2 Bedroom 2 Bath Rambler 00 _ u Floor Plan TI 11765Q FT '� ?^0 D rMn.ow. wmn 83202344251 v.. mN Ty�is� 1. Rental Housing Market Rate General Occupancy Rental The market rate general occupancy rate in the fall of 2013 was 4.08%. A 5.0% vacancy rate is considered a healthy vacancy rate to allow for turnover and consumer choice. A vacancy rate of greater than 5.0% indicates a soft demand or mismatch between supply and demand. Since 1999, the rental vacancy rate has fluctuated from 1.00% to a high of 14.9% in 2009 due to area layoffs. The Maxfield Housing Study recommends that no additional market rate general occupancy units be built until 2014 + or until the economy and unemployment rate in Hutchinson improves. Demand should increase to a level sufficient enough to support the development without adversely affecting the existing rental market (vacancy rate generally in the 2.0% range or less). Because of the current vacancy rate and market conditions, no general occupancy rental housing development will be needed during 2014. Market Rate General Occupancy Vacancy Rate 15.00% 10.00% 5.00% 0.00% 14.90% 7.54% 3.68% 110.31% 8.38% 5.30% 4.08% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Subsidized General Occupancy Rental The vacancy rate of subsidized general occupancy projects in the fall of 2013 was 4.33% Vacancies in subsidized developments should typically fall around 2.0% - 3.0%. 2013 Hutchinson HRA Year End Report 3/19/2014 Page 5 of 11 Pages Senior Housing The 2013 vacancy rate for market rate senior housing except for memory care was 4.92%. Development of additional market rate senior housing on the Harmony River Campus is in the planning stage by Presbyterian Homes. Prince of Peace Retirement Living is in the planning stages for development of market rate Congregate Housing at their downtown location. The 2013 vacancy rate for affordable/subsidized senior housing was 2.26%. Vacancies in subsidized developments should typically fall around 2.0 -3.0%. 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 2. Homeownership The median sales price rose in 2013, reflecting a housing market recovery in Hutchinson and is helping decrease the number of homeowners underwater with their mortgages. Foreclosures also declined slightly in 2013. Low interest rates and an affordable median sales price provides opportunities for buyers who have good credit and are mortgage ready. The current interest rate for a first time homebuyer MHFA Start Up loan for an RD or FHA/VA loan is 4.00%. According to information from McLeod County, in 2013 there were 284 sales in Hutchinson with a median sales price of $121,000.00 According to information from the Minneapolis Area Association of Realtors looking at data for the 55350 zip code, the 2013 median sales price was $125,000 compared to $111,500 in 2012 and $115,250 in 2011. There were 287 sales in 2013 compared to 277 sales in 2012 and 254 sales in 2011. As of December 2013 there were 113 homes for sale. 2013 Hutchinson HRA Year End Report 3/19/2014 Page 6 of 11 Pages HOME RESALES CTTY OF HUTCHINS ON 2004 throw h 2013 Year 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Pri,e R-ne Nn_ Prt_ Nn- Prt_ Zia. Prt_ 2jLL_ Prt_ Zia. Prt_ No. Prt_ 1Y0._ Prt_ 230._ Prt_ Nn- Prt_ Na- Prt_ Under$50,000 $50,000 to $74,999 29 35 10.2 12.3 44 15.3 3012.4 12.8 24 * 16 11.1 7.4.5 9 4.2 6 11 2.7 4.9 5 1.8 6 1.6 2.6 2 0.5 �2.1 1 0.3 3.0 62 21.6 18.1 46 Wr48 17 �74.0 6.1 $75,000 to $99,999 $100,000 to $124,999 36 49 12.7 17.3 19.0 19.8 32 14.8 38 17.6 36 16.7 23 10.2 47 43 19.0 22 9�6 5.8 14.8 28 7.3 5114.7 25 8.3 - 16.7 41 $125,000 to$149,999 59 20.8 14.3 33 13.6 38 17.6 46 21.3 34 15.0 63 22.6 67 17.7 86 22.6 88 29.3 $150,000 to $174,999 29 10.2 _9V16 5.6 22 9.1 23 10.6 20 51 22.6 21.1 88 23.2 21.8 � 16.7 $175,000 to $199,999 16 5.6 13 4.5 9 3.7 12 5.6 12 5.6 22 9.7 36 12.9 45 11.9 46 12.11 28 9.3 $100,000 + 9.1 9.5 33 15.3 MENdREM 22.4 18.9 16.3 Total i 2841 100.01 216 100.01 216 100.01 226 100.01 279 100.01 379 100.01 381100.0 300 100.0 Median $121,000 $101,400 $109,950 $121,600 $117,750 $146,750 $157,900 $158,000 $152,000 $138,000 2004 resale breakdown num bers includes som e sales not in eluded in median calc. Sources: Peterson -Paulsen Associates Inc. Realty Maxfed Research Inc. McLeod Count Assessor's Office 2013 Hutchinson HRA Year End Report 3/19/2014 Page 6 of 11 Pages The 2014 median family income for McLeod County is $73,100. Based on a household being able to afford a home priced at 2.5 times their income, not factoring in savings or debt that they may have, a household would need an income of $48,400 to afford a home priced at $121,000 the 2013 median sales price of a house. 3. Housing Construction in Hutchinson According to the City of Hutchinson, Planning/Zoning/Building Department, there were 12 single family homes built in 2013. There is an adequate supply of 299 residential lots available compared to 309 lots as of January 1, 2013. Residential Lots Available 500 400 397 318 292 292 317 314 309 300 224 262323 202254 314 299 200 100 1 0 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Number of New Dwelling Units Construction 100 93 90 81 — 80 73 70 60 58 50 40 30 19 20 10 4 7 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 The above charts & maps are from the Department of Planning, Zoning and Building 2013 Year Report 2013 Hutchinson HRA Year End Report 3/19/2014 Page 7 of 11 Pages 4. Foreclosure Update # ForeTed u -- 180 160 140 120 100 80 60 40 20 0 McLeod County and Hutchinson Foreclosure Counts ■ McLeod County 200 2007 2008 2009 2010 2011 2012 2013 Number of Foreclosures in McLeod County and Hutchinson Year McLeod Hutchinson 2001 37 2002 43 2003 48 2004 48 14 2005 56 2006 72 2007 142 40 2008 159 42 2009 135 50 2010 200 62 2011 176 77 2012 135 45 2013 93 39 2013 Sheriff Sales Cancelled In Hutchinson 15 2014 Sheriff Sales Scheduled to Date In Hutchinson 3 2013 Hutchinson HRA Year End Report 3/19/2014 Page 8 of 11 Pages Preventing Foreclosures Education and Outreach: • First-time homebuyers will be referred to the Home Ownership Center for first time home- buyers education. The HRA has compiled a list of helpful resources and made them available on the City or HRA website. These resources include: ■ City of Hutchinson (www.ci.hutchinson.mn.us) Foreclosure Prevention link. ■ Hutchinson HRA (www.hutchinsonhra.com) Foreclosure Prevention link. ■ Homeownership Center of MN (www.hocmn.org numerous publications are available including "Understanding Workout Options", "Tips for Talking with Your Lender", "Homeowner Rights During the Redemption Period" and "Foreclosure Process in Minnesota". ■ Minnesota Housing Finance Agency (www.mnhousing.gov) 2013 Hutchinson HRA Year End Report 3/19/2014 Page 9 of 11 Pages 2013 Hutchinson HRA Summary 2013 Federal & State Funds Brought In Park Towers: Federal Operating Funds $132,624.00 Federal Capital Funds $80,876.67 State GO Bond Funds $79,000.00 Homeowner Rehab: DEED/SCDP Lead Hazard GMHF MHFA: RLP CFUF CRV Rental Rehab: MHFA, HOME Foreclosure Remediation: CRV Value Gap Total Housing Fund Loan Balances: HRA Entry Cost Assistance Loan Receivables City Revolving SCDP Rehab Loan Balance Available City Revolving New Construction Loan Balance Available City New Construction SCDP Loan Receivables Total Balance of City SCDP Loans Receivable 2013 Budgets Park Towers City Center Total HRA Budget $59,302.54 SCDP City Revolving Funds $5,846.00 $10,592.00 $55,948.00 $42,197.38 $3,530.00 $19,638.10 $5,316.29 $494,870.98 $114,445.56 $68,797.85 2013 Additional Local Funds Administe re d $78,992.47 $61,505.00 *For purchase ofIIIZAownedproperties $362,450.00 $929,929.07 $609,581.00 $397,658.00 $1,006,796.00 2013 LIRA Personnel 4.0 Total FTE Executive Director HRA City Center Program Coordinator Park Towers Public Housing Specialist Park Towers Maintenance 2013 Hutchinson HRA Year End Report 3/19/2014 Page 10 of 11 Pages 5573,863.45 Hutchinson HRA Priorities for 2014: • Research developing a Cooperative Housing Plan in 2014 • Continue to offer entry cost assistance and affordability gap funding targeted to income eligible home buyers of homes sold by the HRA for the HRA foreclosure/abandoned house initiative. • Continue to administer SCDP funding awarded in 2013 to rehab eleven owner occupied homes in the northeast and downtown -southwest area. Survey interest in a new owner occupied target area and rental rehab target area. If there is sufficient interest, contract with SW MN Housing Partnership to submit application to DEED in the fall of 2014. • Continue to administer the Minnesota Housing Fix Up Loan Program. If application to Minnesota Housing is approved for Community Fix Up Loan, offer discount loan program (4% interest rate) targeted to the SCDP neighborhoods, houses cited not in compliance with nuisance ordinance, or identified specific rehab need of roof replacement. • The HRA and school construction class is scheduled to complete the acquisition/demolition /new construction of a blighted property at 907 Lewis Avenue in June 2014. The HRA has also received foreclosure recovery funding from MHFA and the Greater Minnesota Housing Fund for the acquisition/demolition/new construction of 445 Adams Street, a donated foreclosed property. • Continue to request free radon test kits from the Minnesota Department of Health for distribution in Hutchinson. Over 1000 free radon test kits have been picked up by residents of Hutchinson at City Center. Hutchinson is in a high radon area and the three houses out of six tested and receiving 2012 SCDP funding had radon levels above 4.Opc/L, the action level for radon mitigation. • With a general occupancy vacancy rate of 4.08% no general occupancy rental projects are recommended for 2014. • Develop a 2014 Capital Fund Plan for Park Towers based on completion of the Green Physical Needs Assessment and Energy Audit. Other • Evaluate new software for City Center housing loan management. • Evaluate new computer hardware and software for Park Towers management office. G: HRA/Year End Report/2013 HRA Year End Report 2013 Hutchinson HRA Year End Report 3/19/2014 Page 11 of 11 Pages Appendix Index A Park Towers Utilities Usage Data B 2013 Hutchinson Home Resales from McLeod County Assessor's Office 2013 Sales Data for 55350 C Minneapolis Area Association of Realtors, Northstar MLS D Map of Foreclosures, December 2013 E 2013 Hutchinson Mortgage Foreclosure Sales with Util. Shut Offs 1 -Of I SEWER AND WATER USAGE Average Average Year Consumption Sewer Cost Sewer Rate Water Cost Water Rate 1986 2963000 3441 $1.16 2216 $0.75 1987 3019000 3212 $1.06 2227 $0.74 1988 2586000 3861 $1.19 2054 $0.79 1989 2669000 6183 $2.32 2063 $0.77 1990 2972000 6586 $2.22 2208 $0.74 1991 3287000 6917 $2.10 2334 $0.71 1992 4349000 7643 $1.76 2759 $0.63 1993 2796000 7588 $2.71 2132 $0.76 1994 2288000 4431 $1.94 1995 $0.87 1995 1948000 4526 $2.32 1947 $0.99 1996 2382000 5521 $2.32 2050 $0.86 1997 2760000 5827 $2.11 3864 $0.80 1998 3232000 6942 $2.30 4776 $0.80 1999 2603000 5792 $2.30 4006 $0.85 2000 2501000 5737 $2.30 2365 $0.90 2001 2486000 8099 $3.00 2351 $1.55 2002 2649000 8370 $3.16 2580 $0.97 2003 2595000 6587 $2.54 2668 $1.03 2004 2213000 8520 $3.85 2366 $1.07 2005 2421000 7961 $3.29 4973 $2.05 2006 22.75000 6579 $2.89 5365 $2.36 2007 2166000 $ 8,518.00 $3.93 $6,648.00 $3.07 2008 2041000 $ 9,354.00 $4.58 $6,859.26 $3.36 2009 1,822,000 $ 10,940.83 $6.40 $6,960.64 $3.82 2010 1,689,000 $ 10,490.32 $6.21 $7,082.23 $4.19 2011 1,867,000 $ 12,020.54 $6.44 $8,403.56 $4.50 2012 1,823,000 $ 12,411.87 $6.81 $6,168.02 $3.38 2013 1,802,000 $ 12,206.74 $7.83 $6,089.24 $3.38 New Reporting Period Ave Ave 711-6130 Consumption Sewer Cost Sewer Rate Water Cost Water Rate Year 2,445,000 $7,478.46 $3.06 $2,447.56 $1.00 2002-2003 2,608,000 57,553.18 $2.90 $2,692.52 $1.03 2003-2004 2,265,000 $8,240.10 $3.64 $3,550.63 $1.57 2004-2005 2,456,000 $7,269.60 $2.96 $5,390.32 $2.19 2005-2006 2,202,000 $7,666.86 $3.48 $5,972.38 $2.71 2006-2007 1,947,000 $8,016.95 $4.12 $6,199.58 $3.18 2007-2008 1,727,000 $9,328.25 $5.40 $6,224.70 $3.60 2008-2009 1,873,000 $10,217.03 $5.45 $6,786.73 $3.62 2009-2010 1,689,000 $10,737.91 $6.36 $6,700.05 $3.97 2010-2011 1,783,000 $10,818.12 $6.07 $7,847.80 $4.40 2011-2012 1,896,000 $12,231.53 $6.45 $7,988.17 $4.21 2012-2013 1,787,000 $12,365.49 $6.92 $5,871.42 $3.29 2013-2014 1 -Of I 1of1 GAS USAGE DATA YEAR YEARLY MONTHLY YEARLY MONTHLY AVE COST USAGE AVE COST COST AVE PER 1,000 CU FT 1987 6,951,802 579,317 $24,631.33 $2,052.61 $3.54 1988 6,764,283 563,690 $23,427.03 $1,952.25 $3.46 1989 8,118,318 676,527 $28,246.7I $2,353.89 $3.48 1990 6,658,049 554,837 $22,901.50 $1,908.46 $3.44 1991 7,172,528 557,711 $22,139.68 $1,844.97 $3.09 1992 New rcxaf 7,078,227 589,852 $22,724.91 $1,893.74 $3.21 1993 New wind 7,293,939 607,828 $28,843.61 $2,403.63 $3.95 1994 6,166,758 513,897 $26,104,35 $2,175.36 $4.23 1995 6,550,190 545,849 $23,565.42 $1,9-63.78 $3.33 1996 7,767,842 647,320 $33,080.79 $2,756.73 $4.25 1997 6,719,810 559,984 $33,215.00 $2,768.00 $4.30 1998 5,318,944 443,250 $23,660.65 $1,971.72 $4.40 1999 5,637,777 469,815 $26,618.44 $2,218.21 $4.65 2000 5,954,029 496,169 $37,539.70 $3,128.31 $6.30 2001 51604,777 467,065 $39,316.13 $3,276.34 $7.01 2002 51451,336 495,945 $38,853.88 $3,237.82 $6.53 2003 6,064,795 505,400 $42,272.84 $3,522.74 $6.97 2004 5,596,241 466,353 $46,418.32 $3,81W19 $8.29 2005 5,037,095 419,758 $51,294.00 $4,274.50 $10,18 2006 5,048,769 420,731 $46,385.82 $3,865.49 $9.19 2007 5,438,532 453,211 $48,414.19 $4,034,52 $8.90 2008 5,903,015 491,918 $55,581.88 $4,631.82 $9,42 2009 5,581,933 465,161 $50,945.92 $4,245.49 $9.13 2010 5,180,693 431,724 $45,420.38 $3,785.03 $8.77 2011 Prestige boil 4,789,882 398,907 $44,171.80 $3,680.98 $9.22 2012 5,059,214 421,601 $46,396.71 $3,866.39 $9.17 2013 5,335,383 444,615 $48,866.42 $4,072.20 $9.16 711-6130 New Reporting Period YEAR YEARLY MONTHLY YEARLY MONT14LY AVE COST USAGE AVE COST COST AVE PER 1,000 CU FT 2002-2003 6,119,074 509,923 $41,121.94 $3,426.83 $6,72 2003-2004 5,793,536 482,795 $41,156.86 $3,429.74 $7.10 2004-2005 5,945,674 495,473 $49,491.11 $4,124.26 $8.32 2005-2006 4,726,310 393,859 $50,312.18 $4,192.68 $10.65 2006-2007 5,380,671 448,389 $48,449.40 $4,037.45 $9.00 2007-2008 5,703,923 475,327 $51,575.91 $4,297.99 $9.04 2008-2009 5,525,500 460,458 $51,654.93 $4,304.58 $9.35 2009-2010 5,397,385 449,782 $47,479.42 $3,956.62 $8,80 2010-2011 5,456,949 454,746 $50,294.81 $4,191.23 $922 2011-2012 3,786,184 315,515 $34,817.43 $2,901.45 $9.20 2012-2013 5,146,842 428,904 $46,841.52 $3,903.46 $9.10 2013-2014 1of1 WE ELECTRICITY USAGE DATA YEAR YEARLY MONTHLY YEARLY MONTHLY AVE COST KWH AVE COST AVE KWH 1987 554,953 46,413 $27,846.68 $2,320.56 $0.05 1988 566,072 47,173 $25,628.47 $2,135.71 $0.05 1989 550,700 45,892 $24,434.13 $7„076,18 $0.04 1990 519,099 43,258 $24,639,99 $2,053.33 $0.05 1991 535,359 44,613 $23,133.11 $1,927,76 $0.04 1992 498,600 41,550 $21,592.00 $1,799.33 $0.04 1993 524,000 43,667 $24,070.04 $2,005.84 $0.05 1994 529,700 44,142 $24,909.34 $2,075.77 1995 580,700 48,392 $27,701.51 $2,308.45 $0.05 1996 588,200 49,017 $28,894.32 $2,407.86 $0.05 1997 A1C lstflr 611,076 50,923 $31,615.00 $2,634.00 $0.05 1998 607,500 50,625 $31,903.77 $2,659.00 $0.05 1999 583,800 48,650 $1 [,R53.22 $2,654.44 $0.05 2000 582,369 49,531 $37,690.95 $3,140,91 $0.06 2001 603,703 50,309 $42,485.98 $3,540.50 $0-07 2002 609,300 50,775 $34,313.38 $2,859,45 $0.06 2003 594,600 49,550 $43,637.17 $3,636.43 $0.07 2004 525,400 43,783 $43,728.71 $3,644.06 $0.08 2005 608,000 50,667 $5-6,079.87 $4,673.32 $0.09 2006 627,256 52,271 $59,499.40 $4,958.29 $0.09 2007 636,000 53,000 $59,94UA4 $4,995.05 $0.09 2008 611,278 50,940 $57,206.01 $4,767.17 $0.09 2009 620,718 51,727 $58,113.54 $4,842.80 $0.09 2010 630,866 59,980 $59,897.39 $4,991.45 $0.09 2011 598,332 49,861 $57,303.00 $4,758.58 $0.10 2012 568,708 47,392 $53,753.00 $4,479.42 $0.09 2013 557,079 46,423 $52,384.18 $4,365.35 $0.09 711-6130 New Reporting Period YEAR YEARLY MONTHLY YEARLY MONTHLY AVE COST KWH AVE COST AVE KWH 2002-2003 590,500 49,208 $36,174.18 $3,014,52 $0.06 2003-2004 602,300 50,192 $46,855.97 $3,904.66 $0.08 20042005 592,100 49,342 $44,818.01 $3,734.83 $0.08 2005-2006 623,779 51,982 $60,415.39 $5,034.62 $0.10 2006-2007 626,877 52,240 $59,971,40 $4,997.62 $0.10 2007-2008 616,513 51,376 $58,074.92 $4,839.58 $0.09 2008-2009 621,117 51,760 $58,196.87 $4,849.74 $0.09 2009-2010 633,804 52,817 $59,897.39 $4,991,45 $0.09 2010-2011 569,288 47,441 $53,531.54 $4,460.96 $0.09 2011-2012 557,567 46,464 $53,114.03 $4,426,17 $0.10 2012-2013 568,708 47,392 $53,753.00 $4,479.42 $0.09 2013-2014 WE 2013 Hutchinson Home Resales Breakdown 18 18 10 4 2 1 1 0 54 Total Resales Resales w/o Bank Sales Bank Resales Price Range No. Pct. No. Pct. No. Pct. Under $50,000 29 10.2% 11 4.8% 18 33.3% $50,000 to $74,999 35 12.3% 17 W7.4% 18 33.3% $75,000 to $99,999 36 12.7% 26*24.8% % 10 18.5% $100,000 to $124,999 17.3% 45 7.4% $125,000 to $149,999 59 20.8% 57 2:3.7% $150,000 to $174,999 29 10.2% 28 12.2% 1.9% $175,000 to $199,999 16 5.6% 15 6.5% 1 1.9% $200,000 + 31 10.9% 31 13.5% 0 0.0% Total 2841 100.0%1 230 100.0%1 541 100.07/o Median 1 $121,000 $132,500 $62,750 18 18 10 4 2 1 1 0 54 ■ Bank Resales ■ Resales w/o Bank Sales —Total Resales Page 1 G:\HRA\Year End Report\2013\Sales Data from County Separated Out Bank Xpp C pp � gyp , , ppp Jt.aetyppp o �0 r. vlo o ppp Koro ppp pp o,�a �ti �ti �ti �ti ■ Bank Resales ■ Resales w/o Bank Sales —Total Resales Page 1 G:\HRA\Year End Report\2013\Sales Data from County Separated Out Bank 2013 Hutchinson Home Resales PARCEL SELLER BUYER SALE PRICE DATE OF SALE # 23.151.0040 SEC OF HUD GREEN JACKET $22,901 11/05/2013 23.050.1860 RUPP HAMRE $24,900 12/20/2013 23.050.4320 MCLEOD COUNTY WERTH $25,000 10/24/2013 23.065.0080 RANNOW HOUK $27,500 9/20/2013 23.120.0120 HEINTZ MCRAITH $27,500 10/14/2013 23.143.0220 FEDERAL BANK STIX & BRIX $28,082 1/18/2013 23.144.0030 SELLER RANNOW $29,000 11/20/2013 23.056.1000 GETZ KOENIG $31,000 10/16/2013 23.088.0140 US BANK LIPE $31,007 5/08/2013 23.145.0600 MN HOUSING LANDRY $32,000 7/12/2013 23.149.0040 FEDERAL NATIONAL JARMAN $32,000 11/14/2013 23.143.0240 US BANK GARAGHTY $32,217 6/04/2013 23.050.5000 PESSEK LARSON $32,500 1/18/2013 23.108.0140 MN HOUSING WECKMAN $33,500 3/20/2013 23.112.0340 FEDERAL HOME MORTG STIX & BRIX $35,001 2/05/2013 23.145.0820 GELSCHUS SORENSEN $36,900 4/15/2013 23.056.0210 HECKE ETAL KIELER $37,400 10/24/2013 23.230.0200 WELLS FARGO STIX & BRIX $37,450 7/08/2013 23.112.0650 LANG KOENIG $37,500 3/25/2013 23.216.0040 US BANK LAWRENCE $38,400 8/15/2013 23.050.4890 BANK OF NEW YORK WEIDE $40,100 2/04/2013 23.050.3440 FEDERAL HOME LUECK $41,001 11/22/2013 23.232.0040 US BANK BEMIS $41,299 6/19/2013 23.120.0060 SEC OF HOUSING THORSON $43,000 10/11/2013 23.050.3680 HOUSING & URBAN DEVE FIRST CLASS BUILDERS $43,936 11/21/2013 23.149.0100 MARTIN STIX & BRIX $44,000 4/19/2013 23.079.0010 SEC OF HOUSING AEHA LLC $47,500 1/02/2013 23.050.4980 MN HOUSING FRETT $48,000 9/26/2013 23.255.0270 HEIKES HEIKES $48,000 12/12/2013 29 10.2% 23.090.0220 CITIZEN BANK NAGEL FAMILY $50,000 10/16/2013 23.147.0130 DOSTAL SCHWAN $51,750 9/13/2013 23.300.0140 USDA PFEIFER $53,000 7/19/2013 23.116.0100 SEC OF VET AFFAIRS KIELER CONSTRUCTION $55,000 3/27/2013 23.145.0750 HOSTETLER WOLFF $55,000 1/15/2013 23.231.0160 MILLER BONTE $55,500 4/30/2013 23.112.0310 MACKEDANZ SHAW $56,314 1/04/2013 23.050.4140 FEDERAL NATIONAL HOVERSTEN $57,900 8/09/2013 23.130.0010 ASMUSSEN STONE $58,000 9/13/2013 23.143.0300 SEC OF HOUSING LORENCE $58,100 9/10/2013 23.155.0070 SEC OF HOUSING STIX & BRIX $58,672 6/13/2013 23.112.0370 DEUTSCHE BANK VOLKOV $58,799 6/05/2013 23.050.3560 HSBC BANK JARMAN $60,000 10/04/2013 23.255.0270 WELLS FARGO HEIKES $60,000 6/24/2013 23.112.1170 GILHOUSEN JOHNSON $64,900 1/23/2013 23.056.1840 RITSEMA LOKENSGARD $65,000 7/25/2013 23.061.0010 CHRISTENSEN MOLDAN $65,000 5/10/2013 23.145.0820 SORENSEN MARTINEZ $65,000 4/15/2013 23.090.0470 SCHAEFFER PULKRABEK $65,050 1/14/2013 23.176.0420 PHH MORTGAGE MEIER $65,500 5/21/2013 23.063.0150 ISEC OF HOUSING IHELLAND 1 $65,800 1 10/18/2013 1 Of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales 23.063.0170 FEDERAL NATIONAL ALLEX $66,000 11/22/2013 23.207.0030 MARCEAU CHALUPSKY $67,000 12/18/2013 23.176.0010 SEC OF HOUSING SNOOK $67,151 3/25/2013 23.407.0010 MIEST STEVENS $67,600 7/17/2013 23.145.0170 MN HOUSING MANDELKOW $68,000 2/15/2013 23.159.0230 US BANK STIX & BRIX $68,299 4/12/2013 23.130.0010 STONE FORBES $69,300 9/13/2013 23.056.0552 DAVISON HELMKE $69,900 8/09/2013 23.255.0310 FEDERAL NATIONAL MASSMANN $69,900 7/23/2013 23.056.1020 MCCUTCHNEN BRATSCH $70,000 6/27/2013 23.112.0160 MCCUTCHEN LOFGREN $70,000 4/11/2013 23.036.5400 FEDERAL NATIONAL HUTCHINSON BAPTIST C $70,256 1/31/2013 23.224.0190 FAIRCHILD PANKRATZ $73,000 9/30/2013 23.145.0460 FEDERAL HOME LOAN KIELER $74,000 2/21/2013 35 12.3% 23.414.0070 HANSON HANTGE $75,000 5/15/2013 23.423.0330 NINNEMAN WIGHT $75,000 12/09/2013 23.056.1110 CARLS NORDBERG $75,500 2/28/2013 23.216.0050 KLITZKE KLITZKE $76,000 4/02/2013 23.180.0140 SEC OF HOUSING BETKER $79,300 5/24/2013 23.001.1000 LUEDTKE DAAK $79,900 9/25/2013 23.231.0340 KOEBNICK SCHONS $79,900 9/17/2013 23.423.0630 FEDERAL HOME JOHNSON $79,900 9/20/2013 23.232.0080 BLOM BLOM $80,000 9/11/2013 23.106.0200 CITIZEN BANK CLABO $80,900 4/19/2013 23.154.0190 BREDE ANDERSON $81,000 8/08/2013 23.231.0300 ZAJICEK MAUS $82,000 11/20/2013 23.360.0030 LARSON TUCKER $83,000 9/30/2013 23.255.0210 HARLAN MASSMANN $86,000 3/21/2013 23.389.0120 WEBER JOHNSON $86,000 3/22/2013 23.149.0080 WELLS FARGO FISCHER $86,900 3/25/2013 23.196.0110 WELLS FARGO MERKINS $87,000 5/02/2013 23.151.0020 DAVIS HEDLUND $88,000 7/26/2013 23.053.0050 MELANCON ECKMAN $88,500 8/05/2013 23.088.0710 BURGHART BOWERS $89,000 3/13/2013 23.180.0080 ARREDONDO KUCERA $89,000 11/05/2013 23.050.3640 SCHLUETER HOFF $89,900 8/05/2013 23.012.1300 DANIELSON JACQUES $90,000 7/12/2013 23.112.1340 SEC OF HOUSING TOBECK $90,000 8/14/2013 23.244.0170 WELLS FARGO HEINTZ $90,000 9/11/2013 23.300.0180 SCHMELING PETERSON $90,640 8/13/2013 23.389.0030 RISTINE PEDERSEN $93,155 12/24/2013 23.274.0200 NATIONSTAR MORTGAGE GILMORE $94,500 2/19/2013 23.154.0060 SEC OF VA DAVIS $95,000 3/15/2013 23.155.0170 SCHROEDER ALBRECHT $95,000 3/15/2013 23.278.0030 SEC OF VET AFFAIRS SANKEN $95,510 4/25/2013 23.050.5370 LUTHENS SCHMELING $96,900 7/02/2013 23.112.0740 SHAW FRUHWIRTH $98,000 8/20/2013 23.167.0060 KOSAK HAUTH $99,000 8/19/2013 23.167.0060 WINTERS KOSAK $99,000 8/19/2013 23.262.0200 1 AVERY ISLYTER 1 $99,900 3/22/2013 1 361 12.7% 23.112.1670 1 EXSTED IWEGSCHEID 1 $100,000 11/14/2013 2 Of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales 23.186.0020 BRULLA DOMEIER $100,000 4/26/2013 23.402.0110 SERVADIO HULS $100,000 9/25/2013 23.451.0075 JOHNSON RAISBECK $100,000 8/05/2013 23.453.0390 MN HOUSING OELFKE $100,000 11/26/2013 23.176.0090 KENNING CK SHERWOOD $100,700 6/21/2013 23.112.1560 LEWERENZ HEIL $103,000 8/28/2013 23.050.2070 BRILL HANNINEN $104,700 6/07/2013 23.310.0140 HARSTAD HELL $105,200 12/09/2013 23.112.1490 BAKER BERNSTEIN $105,500 9/23/2013 23.383.0020 HAMILTON STUBER $109,000 11/20/2013 23.056.0040 FELSKA ETAL SHUFELT $109,900 8/08/2013 23.232.0070 HOFFMAN ETAL MEDRANO $109,900 8/06/2013 23.112.1060 BROLL BEYER $110,000 11/05/2013 23.056.1060 FISHER HENKE $111,000 2/15/2013 23.090.0470 PULKRABEK BRUNS $111,100 10/16/2013 23.050.3410 BENTON STONE $113,300 9/19/2013 23.112.1250 FEDERAL HOME AHLBERG $113,400 11/15/2013 23.456.0080 MUNZ GEHRKE $113,500 6/19/2013 23.289.0035 DANIELS HALVORSON $113,600 8/06/2013 23.139.0140 KONZ FORCIER $114,000 4/30/2013 23.106.0460 MONGE GROTH $115,000 12/06/2013 23.133.0210 RETTMANN ROBINSON $115,000 6/19/2013 23.309.0050 CORSON LINDGREN $115,000 6/20/2013 23.412.0070 UECKER BJEKELUND $115,000 3/28/2013 23.159.0180 FEDERAL NATIONAL RINDFLEISCH $115,900 5/17/2013 23.056.0672 KONERZA DECKER $116,000 8/16/2013 23.112.1010 SAM INVESTMENT PROPE COOK $116,500 4/19/2013 23.224.0125 KUTTNER REDMAN $118,000 8/29/2013 23.479.0010 HERITAGE INVESTMENT ULRICH $118,000 8/30/2013 23.159.0200 WELLS FARGO GOSSE $118,340 2/06/2013 23.145.0670 LINDEMAN VOSS $118,500 11/27/2013 23.184.0160 RIEBE KLIMA $119,000 5/14/2013 23.056.2860 LIETZAU LENNES $119,600 9/11/2013 23.149.0340 FREYHOLTZ GRAHAM $119,900 12/27/2013 23.102.0020 BURICH WASS $120,000 12/09/2013 23.112.0790 NELSON GEMUENDEN $120,000 12/18/2013 23.143.0510 HARRIS BOWMAN $120,000 8/02/2013 23.186.0010 PNC BANK EVERS $120,000 2/27/2013 23.169.0360 BECKER MCDOUGALL $120,400 4/19/2013 23.079.0060 KAMRATH JUST $121,000 10/24/2013 23.139.0080 SKOOG SCHMIDT $121,000 6/18/2013 23.423.0520 BOE MILLER $121,000 8/08/2013 23.133.0200 MALONE BOGATZKI $122,900 8/05/2013 23.104.0060 SCHIMMEL COTTON $123,000 8/13/2013 23.436.0180 GOLDING WEBER $123,000 3/14/2013 23.090.0130 ANDERSON NASS $123,600 6/28/2013 23.101.0030 TELECKY JOHNSON $124,300 11/20/2013 23.056.1830 WICHMAN SMITH $124,500 1/11/2013 49 17.3% 23.124.0130 ALSLEBEN HOLLER $125,000 4/19/2013 23.148.0070 THOMPSON AMBERG $125,000 5/30/2013 23.176.0180 HOUSING & REDEVELOPM WENDLING $125,000 6/17/2013 3 of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales 23.267.0060 STRUK TRUE $125,000 6/19/2013 23.416.0160 BACON LUTHENS $125,000 5/01/2013 23.427.0020 SEC OF HOUSING SCHWARTZ $125,000 4/08/2013 23.088.0480 BRYANT MILLER $125,500 12/24/2013 23.469.0090 ABELN JOSSART $126,500 9/11/2013 23.479.0150 RENNER THOMAS $126,900 8/02/2013 23.143.0070 CROW RIVER HABITAT WOLFF $127,000 3/22/2013 23.145.0795 WALLACE RENKES $128,000 10/22/2013 23.456.0030 STEWART RICE $129,900 11/04/2013 23.112.1500 RANNOW MCKAY $130,000 7/01/2013 23.159.0260 POIROT HELGET $130,000 5/29/2013 23.186.0110 OLESEN KARG $130,000 12/20/2013 23.442.0100 LENZ LINDBERG $131,000 6/19/2013 23.428.0460 BANK OF NEW YORK STEWART $131,250 9/30/2013 23.456.0010 WRIGHT RENNER $132,000 8/02/2013 23.149.0070 BROWN KAYE $133,000 8/19/2013 23.165.0100 OUKE ANDERSON $133,000 11/06/2013 23.336.0520 RAISBECK WALLING $133,000 5/03/2013 23.050.4590 BONNIWELL BAUNE $133,250 5/03/2013 23.344.0060 VANDERVOORT SCHULTE $133,500 7/23/2013 23.479.0080 HERITAGE INVESTMENT BROWN $133,900 10/14/2013 23.050.2610 PEACH LUTHERAN PRINCE OF PEACE $135,000 9/04/2013 23.106.0420 PAPENHAUSEN RUSSELL $135,000 8/16/2013 23.270.0040 KARSTENS SMITH $135,000 4/19/2013 23.351.0020 DRAHOS MONS $135,000 4/17/2013 23.176.0230 BENTON WIEDERICH $136,000 12/27/2013 23.244.0080 FREDRICKSON FREDRICKSON $136,000 1/30/2013 23.436.0210 SELLENRICK GRSW STEWART RE $136,900 2/04/2013 23.436.0210 GRSW STEWART RE TRUS MENESES $136,900 2/04/2013 23.352.0060 BJERKELUND HERRICK $139,000 3/28/2013 23.229.0070 STEVENS GRUTT $139,900 9/18/2013 23.306.0050 FERNHOLZ JONSON FAMILY $139,900 9/17/2013 23.309.0390 COLLINS FIELD $139,900 5/13/2013 23.402.0090 RADTKE BRYANT $139,900 10/04/2013 23.116.0090 ELDER SCHROEDER $140,000 4/19/2013 23.251.0010 SIBBEL HEINTZ $140,000 12/10/2013 23.389.0290 DAAK ZIEMER $140,000 8/28/2013 23.453.0180 PULKRABEK MORGAN $140,000 6/19/2013 23.436.0140 JENSEN TOUPS $140,250 10/24/2013 23.300.0090 DEROCK ENGFER $142,400 9/17/2013 23.389.0355 KAPING READ $142,400 2/01/2013 23.438.0010 BOEHLKE MYLLYKANGAS $142,500 8/05/2013 23.372.0190 CHEN FRATZKE $143,011 3/12/2013 23.268.0060 TUFTO MEYER $143,500 11/22/2013 23.112.1840 ELLIS HAAG $145,000 11/20/2013 23.336.0940 JOHNSON BUESING $145,000 4/09/2013 23.348.0030 GRAGE LAUREL MCKEEVER $145,500 3/18/2013 23.336.0340 JESSEN HAMMER $146,500 5/10/2013 23.159.0150 HEINS GUSTAFSON $148,000 9/30/2013 23.413.0040 BURGSTAHLER ALSLEBEN $148,000 6/14/2013 23.436.0070 1 DEMMERS IRATH 1 $148,000 1 11/22/2013 4 of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales 23.431.0190 DAVIS FRESCAN 8 LLC $148,125 9/24/2013 23.145.0030 SHOCKEY CARROLL $148,500 11/15/2013 23.050.2370 CARLSON BREIWICK $148,900 11/22/2013 23.056.0685 LUNDBORG SCHIEFER $149,900 11/01/2013 23.440.0020 RISS MADDEN $149,900 8/05/2013 59 20.8% 23.416.0080 TONGEN BRANDT $150,000 9/26/2013 23.372.0160 BLOM FLEMMING $151,500 6/03/2013 23.336.0080 FEDERAL NATIONAL KATZENMEYER $152,000 8/20/2013 23.196.0070 AMBORN STURGES $153,000 1/10/2013 23.453.0140 SCHRAMM LEYK $155,000 6/20/2013 23.309.0360 BENNER JOHNSON $157,000 6/26/2013 23.453.0090 JASNOCH PETERSON $157,000 7/26/2013 23.453.0310 GUNDERSON RUBLE $158,000 4/26/2013 23.426.0050 BUHMAN ANDERSON $159,000 7/09/2013 23.414.0100 WICK VLIET FAMILY $159,900 12/09/2013 23.469.0030 LARSON LANDSMAN $159,900 10/08/2013 23.176.0460 TEWS CARLSEN $160,000 10/29/2013 23.451.0050 PETERSON YOCH $160,000 9/13/2013 23.396.0080 SCHMIT SCHMIDTBAUER $161,700 7/05/2013 23.445.0230 DEMEYER ALEXANDER $161,700 3/28/2013 23.266.0030 MUNSELL BRAUER $162,000 6/19/2013 23.145.0220 KERR ERICKSON $162,500 6/19/2013 23.451.0055 SCHULZ KNAPP $162,900 6/20/2013 23.159.0050 KLOBE NIES $163,000 9/03/2013 23.336.0740 LALONDE WENZEL $163,000 3/21/2013 23.274.0200 GILMORE LIEN $164,000 9/05/2013 23.280.0010 TJERNAGEL BROWN $164,000 5/31/2013 23.322.0050 JOHANNECK HANSON $167,374 11/13/2013 23.143.0100 KOPESKY NORDMAN $167,500 1/03/2013 23.423.0200 RING TOREN $168,500 12/06/2013 23.434.0120 MCCORMICK FRIED $168,500 4/09/2013 23.196.0080 NEZNIK DUFRENE $169,900 9/03/2013 23.418.0020 WALSH WANG $170,000 4/19/2013 23.427.0090 WENZEL MAHONEY $173,750 3/26/2013 29 10.2% 23.420.0110 WOELFEL MOORE $177,500 4/24/2013 23.012.0100 RESS SKOOG $180,000 6/07/2013 23.498.0010 HSBC RECH $182,281 2/15/2013 23.195.0840 HAWKER ERLANDSON $185,000 11/07/2013 23.228.0010 WURSCHER STEFFEL $185,000 12/03/2013 23.451.0025 BETKER HILL $185,500 6/07/2013 23.454.0140 SOUTHWEST SALES SCHRADE $185,500 6/28/2013 23.444.0120 ROTZIEN TELECKY $188,500 11/22/2013 23.451.0230 OLINGER PETERSEN $188,900 2/28/2013 23.423.0220 FISCHER OTTO $189,000 8/06/2013 23.444.0170 GUSTAFSON KOFOED $189,000 9/30/2013 23.451.0160 ROESCHLI STOWELL $189,000 4/01/2013 23.342.0050 HAMILTON EUCEDA $189,500 8/26/2013 23.222.0030 TEGELHUTTER ELDER $190,000 4/19/2013 23.389.0180 DEAN HACKER $195,000 1/31/2013 23.423.0410 ISOUTHWEST SALES ITJADEN 1 $195,000 10/31/2013 1 161 5.6% 23.451.0440 BETKER BETKER $200,000 2/01/2013 5 of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales 23.473.0180 FREUND RADKE $204,500 7/10/2013 23.371.0140 SHARMA RETTMANN $207,000 6/26/2013 23.423.0410 TJADEN BECKER $209,900 11/08/2013 23.466.0780 HOFFMAN WHITINGTON $210,000 8/05/2013 23.227.0030 CROTTEAU VOS $215,000 9/03/2013 23.364.0050 HANTGE JOHNSTON $216,000 2/13/2013 23.176.0370 EMANS MILTON $218,800 9/03/2013 23.291.0030 LAAR WOELFEL $219,900 10/08/2013 23.408.0340 DAMMANN COLVIN $220,000 5/16/2013 23.411.0030 HOEFER MCCORMICK $220,000 3/07/2013 23.445.0040 HOWE HARRIS $220,000 7/18/2013 23.422.0150 HILL SWEELY $230,000 5/31/2013 23.452.0070 SORENSEN & NAUSTDAL GULER $233,046 9/03/2013 23.308.0110 WIGHT SHUFELT $235,000 11/22/2013 23.336.0080 CARLSON BANK OF AMERICA $235,097 6/06/2013 23.296.0050 BLOCK SCHUETTE $236,250 10/25/2013 23.371.0070 DANIELS PIEHL $240,000 3/29/2013 23.371.0040 GAPP GRIMSLEY $245,000 6/21/2013 23.118.0085 HAAG RUNKE $249,900 7/17/2013 23.411.0020 MCGOWAN LICKFELT $250,000 10/17/2013 23.439.0050 BAUER BRIDGE $252,500 8/16/2013 23.455.0140 SMITH LENZ $254,000 2/25/2013 23.270.0220 HALVORSON THIEMANN $255,000 3/01/2013 23.327.0010 PILGRIM ZENZ $258,000 10/24/2013 23.110.0010 FRITH REYES $269,000 7/05/2013 23.308.0080 VARJIAN VADERBERG $297,900 4/02/2013 23.435.0160 SOUTHWEST SALES GONZALEZ $315,500 11/26/2013 23.223.0050 SEMON KOTZER $349,900 6/21/2013 23.262.0140 LICKFELT BRIGGMAN $349,900 10/17/2013 23.419.0060 RETTERRATH MACMULLAN $429,900 1/11/2013 31 10.9% Total 284 100.0 Median $121,000 Average $124,900 6 of 6 G:\HRA\Year End Report\2013\Sales Data from County2/12/2014 2013 Hutchinson Home Resales Bank Sales or Tax Forfeiture Sales PARCEL SELLER BUYER SALE PRICE # % 23.151.0040 SEC OF HUD GREEN JACKET $22,901 23.050.4320 MCLEOD COUNTY WERTH $25,000 23.143.0220 FEDERAL BANK STIX & BRIX $28,082 23.088.0140 US BANK LIPE $31,007 23.145.0600 MN HOUSING LANDRY $32,000 23.149.0040 FEDERAL NATIONAL JARMAN $32,000 23.143.0240 US BANK GARAGHTY $32,217 23.108.0140 MN HOUSING WECKMAN $33,500 23.112.0340 FEDERAL HOME MORTG STIX & BRIX $35,001 23.230.0200 WELLS FARGO STIX & BRIX $37,450 23.216.0040 US BANK LAWRENCE $38,400 23.050.4890 BANK OF NEW YORK WEIDE $40,100 23.050.3440 FEDERAL HOME LUECK $41,001 23.232.0040 US BANK BEMIS $41,299 23.120.0060 SEC OF HOUSING THORSON $43,000 23.050.3680 HOUSING & URBAN DEVE FIRST CLASS BUILDERS $43,936 23.079.0010 SEC OF HOUSING AEHA LLC $47,500 23.050.4980 MN HOUSING FRETT $48,000 18 33.3% 23.090.0220 CITIZEN BANK NAGEL FAMILY $50,000 23.300.0140 USDA PFEIFER $53,000 23.116.0100 SEC OF VET AFFAIRS KIELER CONSTRUCTION $55,000 23.050.4140 FEDERAL NATIONAL HOVERSTEN $57,900 23.143.0300 SEC OF HOUSING LORENCE $58,100 23.155.0070 SEC OF HOUSING STIX & BRIX $58,672 23.112.0370 DEUTSCHE BANK VOLKOV $58,799 23.050.3560 HSBC BANK JARMAN $60,000 23.255.0270 WELLS FARGO HEIKES $60,000 23.176.0420 PHH MORTGAGE MEIER $65,500 23.063.0150 SEC OF HOUSING HELLAND $65,800 23.063.0170 FEDERAL NATIONAL ALLEX $66,000 23.176.0010 SEC OF HOUSING SNOOK $67,151 23.145.0170 MN HOUSING MANDELKOW $68,000 23.159.0230 US BANK STIX & BRIX $68,299 23.255.0310 FEDERAL NATIONAL MASSMANN $69,900 23.036.5400 FEDERAL NATIONAL HUTCHINSON BAPTIST C $70,256 23.145.0460 FEDERAL HOME LOAN KIELER $74,000 18 33.3% 23.180.0140 SEC OF HOUSING BETKER $79,300 23.423.0630 FEDERAL HOME JOHNSON $79,900 23.106.0200 CITIZEN BANK CLABO $80,900 23.149.0080 WELLS FARGO FISCHER $86,900 23.196.0110 WELLS FARGO MERKINS $87,000 23.112.1340 SEC OF HOUSING TOBECK $90,000 23.244.0170 WELLS FARGO HEINTZ $90,000 23.274.0200 NATIONSTAR MORTGAGE GILMORE $94,500 23.154.0060 SEC OF VA DAVIS $95,000 1 of 2 2/12/2014 2013 Hutchinson Home Resales Bank Sales or Tax Forfeiture Sales 23.278.0030 SEC OF VET AFFAIRS SANKEN $95,510 10 18.5% 23.453.0390 MN HOUSING OELFKE $100,000 23.112.1250 FEDERAL HOME AHLBERG $113,400 23.159.0180 FEDERAL NATIONAL RINDFLEISCH $115,900 23.159.0200 WELLS FARGO GOSSE $118,340 4 7.4% 23.427.0020 SEC OF HOUSING SCHWARTZ $125,000 23.428.0460 BANK OF NEW YORK STEWART $131,250 2 3.7% 23.336.0080 FEDERAL NATIONAL KATZENMEYER $152,000 1 1.9% 23.498.0010 HSBC RECH $182,281 1 1.9% 54 100.0% Median $62,750 Average $68,444 2 of 2 2/12/2014 2013 Hutchinson Home Resales without Bank Sales or Tax Forfeiture Sales PARCEL SELLER BUYER SALE PRICE # % 23.050.1860 RUPP HAMRE $24,900 23.065.0080 RANNOW HOUK $27,500 23.120.0120 HEINTZ MCRAITH $27,500 23.144.0030 SELLER RANNOW $29,000 23.056.1000 GETZ KOENIG $31,000 23.050.5000 PESSEK LARSON $32,500 23.145.0820 GELSCHUS SORENSEN $36,900 23.056.0210 HECKE ETAL KIELER $37,400 23.112.0650 LANG KOENIG $37,500 23.149.0100 MARTIN STIX & BRIX $44,000 23.255.0270 HEIKES HEIKES $48,000 11 4.8% 23.147.0130 DOSTAL SCHWAN $51,750 23.145.0750 HOSTETLER WOLFF $55,000 23.231.0160 MILLER BONTE $55,500 23.112.0310 MACKEDANZ SHAW $56,314 23.130.0010 ASMUSSEN STONE $58,000 23.112.1170 GILHOUSEN JOHNSON $64,900 23.056.1840 RITSEMA LOKENSGARD $65,000 23.061.0010 CHRISTENSEN MOLDAN $65,000 23.145.0820 SORENSEN MARTINEZ $65,000 23.090.0470 SCHAEFFER PULKRABEK $65,050 23.207.0030 MARCEAU CHALUPSKY $67,000 23.407.0010 MIEST STEVENS $67,600 23.130.0010 STONE FORBES $69,300 23.056.0552 DAVISON HELMKE $69,900 23.056.1020 MCCUTCHNEN BRATSCH $70,000 23.112.0160 MCCUTCHEN LOFGREN $70,000 23.224.0190 FAIRCHILD PANKRATZ $73,000 17 7.4% 23.414.0070 HANSON HANTGE $75,000 23.423.0330 NINNEMAN WIGHT $75,000 23.056.1110 CARLS NORDBERG $75,500 23.216.0050 KLITZKE KLITZKE $76,000 23.001.1000 LUEDTKE DAAK $79,900 23.231.0340 KOEBNICK SCHONS $79,900 23.232.0080 BLOM BLOM $80,000 23.154.0190 BREDE ANDERSON $81,000 23.231.0300 ZAJICEK MAUS $82,000 23.360.0030 LARSON TUCKER $83,000 23.255.0210 HARLAN MASSMANN $86,000 23.389.0120 WEBER JOHNSON $86,000 23.151.0020 DAVIS HEDLUND $88,000 23.053.0050 MELANCON ECKMAN $88,500 23.088.0710 BURGHART BOWERS $89,000 23.180.0080 ARREDONDO KUCERA $89,000 23.050.3640 SCHLUETER HOFF $89,900 23.012.1300 DANIELSON JACQUES $90,000 23.300.0180 SCHMELING PETERSON $90,640 1 of 5 2/12/2014 2013 Hutchinson Home Resales without Bank Sales or Tax Forfeiture Sales 23.389.0030 RISTINE PEDERSEN $93,155 23.155.0170 SCHROEDER ALBRECHT $95,000 23.050.5370 LUTHENS SCHMELING $96,900 23.112.0740 SHAW FRUHWIRTH $98,000 23.167.0060 KOSAK HAUTH $99,000 23.167.0060 WINTERS KOSAK $99,000 23.262.0200 AVERY SLYTER $99,900 26 11.3% 23.112.1670 EXSTED WEGSCHEID $100,000 23.186.0020 BRULLA DOMEIER $100,000 23.402.0110 SERVADIO HULS $100,000 23.451.0075 JOHNSON RAISBECK $100,000 23.176.0090 KENNING CK SHERWOOD $100,700 23.112.1560 LEWERENZ HEIL $103,000 23.050.2070 BRILL HANNINEN $104,700 23.310.0140 HARSTAD HELL $105,200 23.112.1490 BAKER BERNSTEIN $105,500 23.383.0020 HAMILTON STUBER $109,000 23.056.0040 FELSKA ETAL SHUFELT $109,900 23.232.0070 HOFFMAN ETAL MEDRANO $109,900 23.112.1060 BROLL BEYER $110,000 23.056.1060 FISHER HENKE $111,000 23.090.0470 PULKRABEK BRUNS $111,100 23.050.3410 BENTON STONE $113,300 23.456.0080 MUNZ GEHRKE $113,500 23.289.0035 DANIELS HALVORSON $113,600 23.139.0140 KONZ FORCIER $114,000 23.106.0460 MONGE GROTH $115,000 23.133.0210 RETTMANN ROBINSON $115,000 23.309.0050 CORSON LINDGREN $115,000 23.412.0070 UECKER BJEKELUND $115,000 23.056.0672 KONERZA DECKER $116,000 23.112.1010 SAM INVESTMENT PROPE COOK $116,500 23.224.0125 KUTTNER REDMAN $118,000 23.479.0010 HERITAGE INVESTMENT ULRICH $118,000 23.145.0670 LINDEMAN VOSS $118,500 23.184.0160 RIEBE KLIMA $119,000 23.056.2860 LIETZAU LENNES $119,600 23.149.0340 FREYHOLTZ GRAHAM $119,900 23.102.0020 BURICH WASS $120,000 23.112.0790 NELSON GEMUENDEN $120,000 23.143.0510 HARRIS BOWMAN $120,000 23.186.0010 PNC BANK EVERS $120,000 23.169.0360 BECKER MCDOUGALL $120,400 23.079.0060 KAMRATH JUST $121,000 23.139.0080 SKOOG SCHMIDT $121,000 23.423.0520 BOE MILLER $121,000 23.133.0200 MALONE BOGATZKI $122,900 23.104.0060 SCHIMMEL COTTON $123,000 2 of 5 2/12/2014 2013 Hutchinson Home Resales without Bank Sales or Tax Forfeiture Sales 23.436.0180 GOLDING WEBER $123,000 23.090.0130 ANDERSON NASS $123,600 23.101.0030 TELECKY JOHNSON $124,300 23.056.1830 WICHMAN SMITH $124,500 45 19.6% 23.124.0130 ALSLEBEN HOLLER $125,000 23.148.0070 THOMPSON AMBERG $125,000 23.176.0180 HOUSING & REDEVELOPM WENDLING $125,000 23.267.0060 STRUK TRUE $125,000 23.416.0160 BACON LUTHENS $125,000 23.088.0480 BRYANT MILLER $125,500 23.469.0090 ABELN JOSSART $126,500 23.479.0150 RENNER THOMAS $126,900 23.143.0070 CROW RIVER HABITAT WOLFF $127,000 23.145.0795 WALLACE RENKES $128,000 23.456.0030 STEWART RICE $129,900 23.112.1500 RANNOW MCKAY $130,000 23.159.0260 POIROT HELGET $130,000 23.186.0110 OLESEN KARG $130,000 23.442.0100 LENZ LINDBERG $131,000 23.456.0010 WRIGHT RENNER $132,000 23.149.0070 BROWN KAYE $133,000 23.165.0100 OUKE ANDERSON $133,000 23.336.0520 RAISBECK WALLING $133,000 23.050.4590 BONNIWELL BAUNE $133,250 23.344.0060 VANDERVOORT SCHULTE $133,500 23.479.0080 HERITAGE INVESTMENT BROWN $133,900 23.050.2610 PEACH LUTHERAN PRINCE OF PEACE $135,000 23.106.0420 PAPENHAUSEN RUSSELL $135,000 23.270.0040 KARSTENS SMITH $135,000 23.351.0020 DRAHOS MONS $135,000 23.176.0230 BENTON WIEDERICH $136,000 23.244.0080 FREDRICKSON FREDRICKSON $136,000 23.436.0210 SELLENRICK GRSW STEWART RE $136,900 23.436.0210 GRSW STEWART RE TRUS MENESES $136,900 23.352.0060 BJERKELUND HERRICK $139,000 23.229.0070 STEVENS GRUTT $139,900 23.306.0050 FERNHOLZ JONSON FAMILY $139,900 23.309.0390 COLLINS FIELD $139,900 23.402.0090 RADTKE BRYANT $139,900 23.116.0090 ELDER SCHROEDER $140,000 23.251.0010 SIBBEL HEINTZ $140,000 23.389.0290 DAAK ZIEMER $140,000 23.453.0180 PULKRABEK MORGAN $140,000 23.436.0140 JENSEN TOUPS $140,250 23.300.0090 DEROCK ENGFER $142,400 23.389.0355 KAPING READ $142,400 23.438.0010 BOEHLKE MYLLYKANGAS $142,500 23.372.0190 CHEN FRATZKE $143,011 3 of 5 2/12/2014 2013 Hutchinson Home Resales without Bank Sales or Tax Forfeiture Sales 23.268.0060 TUFTO MEYER $143,500 23.112.1840 ELLIS HAAG $145,000 23.336.0940 JOHNSON BUESING $145,000 23.348.0030 GRAGE LAUREL MCKEEVER $145,500 23.336.0340 JESSEN HAMMER $146,500 23.159.0150 HEINS GUSTAFSON $148,000 23.413.0040 BURGSTAHLER ALSLEBEN $148,000 23.436.0070 DEMMERS RATH $148,000 23.431.0190 DAVIS FRESCAN 8 LLC $148,125 23.145.0030 SHOCKEY CARROLL $148,500 23.050.2370 CARLSON BREIWICK $148,900 23.056.0685 LUNDBORG SCHIEFER $149,900 23.440.0020 RISS MADDEN $149,900 57 24.8% 23.416.0080 TONGEN BRANDT $150,000 23.372.0160 BLOM FLEMMING $151,500 23.196.0070 AMBORN STURGES $153,000 23.453.0140 SCHRAMM LEYK $155,000 23.309.0360 BENNER JOHNSON $157,000 23.453.0090 JASNOCH PETERSON $157,000 23.453.0310 GUNDERSON RUBLE $158,000 23.426.0050 BUHMAN ANDERSON $159,000 23.414.0100 WICK VLIET FAMILY $159,900 23.469.0030 LARSON LANDSMAN $159,900 23.176.0460 TEWS CARLSEN $160,000 23.451.0050 PETERSON YOCH $160,000 23.396.0080 SCHMIT SCHMIDTBAUER $161,700 23.445.0230 DEMEYER ALEXANDER $161,700 23.266.0030 MUNSELL BRAUER $162,000 23.145.0220 KERR ERICKSON $162,500 23.451.0055 SCHULZ KNAPP $162,900 23.159.0050 KLOBE NIES $163,000 23.336.0740 LALONDE WENZEL $163,000 23.274.0200 GILMORE LIEN $164,000 23.280.0010 TJERNAGEL BROWN $164,000 23.322.0050 JOHANNECK HANSON $167,374 23.143.0100 KOPESKY NORDMAN $167,500 23.423.0200 RING TOREN $168,500 23.434.0120 MCCORMICK FRIED $168,500 23.196.0080 NEZNIK DUFRENE $169,900 23.418.0020 WALSH WANG $170,000 23.427.0090 WENZEL MAHONEY $173,750 28 12.2% 23.420.0110 WOELFEL MOORE $177,500 23.012.0100 RESS SKOOG $180,000 23.195.0840 HAWKER ERLANDSON $185,000 23.228.0010 WURSCHER STEFFEL $185,000 23.451.0025 BETKER HILL $185,500 23.454.0140 SOUTHWEST SALES SCHRADE $185,500 23.444.0120 ROTZIEN TELECKY $188,500 4 of 5 2/12/2014 2013 Hutchinson Home Resales without Bank Sales or Tax Forfeiture Sales 23.451.0230 OLINGER PETERSEN $188,900 23.423.0220 FISCHER OTTO $189,000 23.444.0170 GUSTAFSON KOFOED $189,000 23.451.0160 ROESCHLI STOWELL $189,000 23.342.0050 HAMILTON EUCEDA $189,500 23.222.0030 TEGELHUTTER ELDER $190,000 23.389.0180 DEAN HACKER $195,000 23.423.0410 SOUTHWEST SALES TJADEN $195,000 15 6.5% 23.451.0440 BETKER BETKER $200,000 23.473.0180 FREUND RADKE $204,500 23.371.0140 SHARMA RETTMANN $207,000 23.423.0410 TJADEN BECKER $209,900 23.466.0780 HOFFMAN WHITINGTON $210,000 23.227.0030 CROTTEAU VOS $215,000 23.364.0050 HANTGE JOHNSTON $216,000 23.176.0370 EMANS MILTON $218,800 23.291.0030 LAAR WOELFEL $219,900 23.408.0340 DAMMANN COLVIN $220,000 23.411.0030 HOEFER MCCORMICK $220,000 23.445.0040 HOWE HARRIS $220,000 23.422.0150 HILL SWEELY $230,000 23.452.0070 SORENSEN & NAUSTDAL GULER $233,046 23.308.0110 WIGHT SHUFELT $235,000 23.336.0080 CARLSON BANK OF AMERICA $235,097 23.296.0050 BLOCK SCHUETTE $236,250 23.371.0070 DANIELS PIEHL $240,000 23.371.0040 GAPP GRIMSLEY $245,000 23.118.0085 HAAG RUNKE $249,900 23.411.0020 MCGOWAN LICKFELT $250,000 23.439.0050 BAUER BRIDGE $252,500 23.455.0140 SMITH LENZ $254,000 23.270.0220 HALVORSON THIEMANN $255,000 23.327.0010 PILGRIM ZENZ $258,000 23.110.0010 FRITH REYES $269,000 23.308.0080 VARRAN VADERBERG $297,900 23.435.0160 SOUTHWEST SALES GONZALEZ $315,500 23.223.0050 SEMON KOTZER $349,900 23.262.0140 LICKFELT BRIGGMAN $349,900 23.419.0060 RETTERRATH MACMULLAN $429,900 31 13.5% 230 100.0% Median $132,500 Average $138,155 5 of 5 2/12/2014 This information was prepared by: 55354 Median Sales Price Time Frame: Rolling 12 Months $115,250 $111,500 -3.3% 4% M INNEAPOU5 AREA Asm6.6.. -r REALTORS` $125,000 +12.1% Jan 2011 thru Dec 2011 Jan 2012 thru Dec 2012 Jan 2013 thru Dec 2013 Based on data available as of January 29.21314 All data from NofttarMLS. Data deemed reliable but not guaranteed. Powered by !GK research and Market ng. This information was prepared by: 55350 Median Sales Price Time Frame; Rolling 12 Months $175,000 $150,000 $125,000 4% MINNEAPOOS AREA Associat on �f REALTORS` $100,000 Jan 2005 Jan 200& Jan 2007 Jan 20438 Jan 2009 Jan 2810 Jan 2011 Jan 2012 Jan 2013 Based on data available as of January 29, 2014 .ill data frorn NorthstafMLS. Data deemed ; eliable but no: guaranteed_ Powered by 10K Resea�ch and Marketing. This information was prepared by: 55350 Average Sales Price Time Frame: Rolling 12 Months $128,205 $120,101 -6.3% MINNEAPOLIS AREA Assoc-ation ar REALTORS' $137,233 +14.3% Jan 2011 thru Dec 2011 Jan 2012 thru Dec 2012 Jan 2013 thru Dec 2013 Based on data available as of January 29, 2014 .WI data frau. NorthstarMLS. data deemed reliable out not guaranteed_ Powered by 100 Resea•ch and Marketing. This information was prepared by: 55350 Average Sales Price Time Frame: Rolling 12 Months $200,000 $175,000 $150,000 $125,000 MINNEAPOLIS AREA Association of REALTORS' $100,000 Jan 2005 Jan 2006 ,fan 2007 Jan 2088 Jan 2049 Jan 2014 Jan 2011 Jan 2012 Jan 2013 3ased on data available as o� ,January 29, 2014 All data frorn NorthstarMLS. Dala deerned reliable but no: guaranteed. Powered by 10K Research and Marketing. This information was prepared by: 55350 Days on Market Until Sale Time Frame: Rolling 12 Months 164 120 -26.5% 4% MINNEAPOLIS AREA A5sacia6on ,,s REALTORS' 92 -23.7% Jan 2011 thru Dee 2411 Jan 2012 thru Dec 2412 Jan 2013 thru Dec 2013 ased on csata available as o; January 29, 2014 All data from NorthstarMLS. Data deemed reliable out no- guaranteed. Powered by 16K Research and Marketing. This information was prepared by. - 55350 y: 55350 Days on Market Until Sale Time Frame: Rolling 12 Months 175 150 125 100 MPNNfAP0L[S AREA Assaciatian of REALTORS' 75 Jan 2007 Jan 2008 Jan 2009 Jars 2010 Jan 2011 Jan 2012 Jan 2013 3ased on data ave ilabie as of January 29, 2014 All 6ata from tNorthstarMLS. Data deemad reliable gut no,, guarantend. Powered by 10K Research artd Markabng. This information was prepared by. ............................................................ 55354 Months Supply of Homes for Sale Time Frame: Rolling 12 Months fin 4.7 -33.5% 4% MINNEAPOLIS AREA Associa—i �f REALTORS' W +4.4% Jan 2011 thru Dec 2011 Jan 2012 thru Dec 2012 Jan 2013 thru Dec 2013 Based on data available as of January 29, 2094 All data from NorthstarMLS. lata deemed reliable but not guaranteed. Powered by 10K Resewch and Marketing. This information was prepared by.- ---------------------------------------------------- 55350 y: 55350 Months Supply of Homes for Sale Time Frame: Rolling 12 Months 12.5 10.0 7.5 5.0 4% MINK EA PDL IS AREA Association of REALTORS' 2.5 Jan 2005 Jan 2DO6 Jan 2007 Jan 2008 Jan 2009 Jan 2010 Jan 2011 Jan 2012 Jan 2013 Based on data avajoble as of January 29, 2014 All data from NorthstarMLS. 7a'.2 tleerad refi,;Ible but not guaranteed_ Powered by 10K Research aad Mar:etl This information was prepared by: 55350 Homes for Sale Time Frame: Rolling 12 Months 152 109 -27.9% 4% MINNEAPOLIS AREA A, -6.t - �1 REALTORS` 113 +3.3% Jan 2011 thru Dec 201 f Jan 2012 thru Dec 2012 Jan 2013 thru Dec 2013 3ased on data available as of ,January 23, 2014 All data from NorthnarMLS. Data caarned reliable but not guaranteed. Powered by 10K .Research and Marketing. This information was prepared by: 55350 Homes for Sale Time Frame: Rolling 12 Months 200 175 150 125 4% M INNEAAaLiS AREA Associat-an of REALTORS' 100 Jan 2005 Jan 2006 Jan 2007 Jan 2D08 Jan 2D09 Jan 2010 Jan 201 f Jan 2012 Jars 2013 Based on data avahabke as of January 29, 2014 AJI data from NorlhstaWLS. Data deemed-eliable but not guaranteec. Powered by 10K Research and Mameting. This information was prepared by: ----------------------------------- -------- ---------- 55350 Closed Sales Time Frame: Rolling 12 Months 254 277 +9.1% C% MINNEAPOUS AREA Association pj REALTORS' 287 +3.6% Jan 2011 thru Dec 2011 Jan 2012 thru Dec 2012 Jan 2013 thru Dec 2013 Based on data availa':e as of January 29, 2014 All data from NcrthstarMLS. Data deemed sellable bUt r.0 guaranteec. Powered by IOK Research and Marketing. This information was prepared by: 55350 Closed Sales Time Frame: Rolling 12 Months 400 354 300 254 200 4% MINNEAPOLIS AREA Assaciatlon of REALTORS` Jan 2005 Jan 2006 Jan 2007 Jan WM Jan 2009 Jan 2010 Jan 2011 Jan 2012 Jan 2013 Basad on data avaiiao,e as of January 29. 2014 M data rrom NorthstarMLS. Dara deemed :el-pable but not guaranteec. Powered by M research aixt Marketing. City of Hutchinson Map of Foreclosures December, 2013 7 L-JLa ME MUNI WEEMm a®e . i �m WN MIT ME Ej��❑ nip, �� as N W0 E❑❑ ... p t -- Foreclosure Map ------- - Foreclosures 2013 2013 Hutchinson Mortgage Foreclosure Sales # SS Date Address Mortgagor Mortgagee Orig. Mortgage Claimed Amount Sold Amt 1 1/9/2013 816 Lewis Avenue SW Jessab Pierce PHH Mortgage Corporation $73,768.00 $72,160.22 $76,219.21 2 1/17/2013 770 Texas Avenue NW Joshua & Nicholle Winfrey MHFA $169,320.00 $160,257.21 $97,750.00 EWR"7= 1040 Elm Street N ene & Donetta Wilemus JFMorgan Uhase BankU2,111111111.111111 4 1/24/2013 1160 Fairway venue NW Lorraine B. Burch � Cornerstone Mortgage assigned to Bank of $80,000.00 $89,785.39 5 1/24/2013 530 4th Avenue SW Matthew & Holly Sturges Sun Trust Mortgage Inc. $148,000.00 $161,186.27 $165,123.00 6 1/24/2013 831 North Main Street Michael & Jennifer Maiers US Bank National Association $106,400.00 $121,924.36 $127,416.27 7 1/30/2013 625 Main Street South Mandy Steffen & Phillip Riddell Federal National Mortgage Association $125,000.00 $121,715.60 $105,600.00 8 2/6/2013 416 Erie Street SE Jon & Kimberly Karg HSBC Bank USA $91,120.00 $86,763.56 $89,420.83 9 2/19/2013 5 Century Avenue SE Timothy & Jennifer Pohlman Wells Fargo Bank, NA $141,882.00 $130,998.86 $87,000.00 10 2/20/2013 206 5th Avenue SE Jason Weiland Cornerstone Mortgage assigned MHFA $127,511.00 $121,645.91 $76,500.00 11 2/20/2013 642 Milwaukee Avenue SN Michael Kosek Wells Fargo Bank, NA $126,672.00 $132,592.97 $94,350.00 12 2/26/2013 1171 Oakwood Ct NW Reza & Maria Moayeri The Bank of New York Mellon $205,000.00 $210,954.37 $239,171.71 13 2/27/2013 35 11th Avenu n & Joni Tharal Mortgage Investors 182,895.00 ' $186,884.59 $110,162. 14 3/13/2013 436 Huron Street SE Gregory & Connie Dylla Wells Fargo Bank NA $70,000.00 $62,308.10 1$65,011.69 15 3/14/2013 405 Huron Street SE Craig & Jennifer Gill PHH Mortgage Corporation $144,000.00 $152,680.60 $159,468.95 16 3/19/2013 1055 Goebel Street SW Anthony & Britta Jensen FV -I Inc. $252,000.00 $232,826.98 $164,922.70 17 3/21/2013 175 Oak Lane SE Monique & James Tegelhutter Central Mortgage Company $181,120.00 $187,766.20 $192,732.95 =77777-13 19 3/27/2013 445 Adams STFeet SE 636 Franklin Street SW Susan & Bradley Burch Daniel & Jenny Benfiel The Bank o ew or eon $155,0 Wells Fargo Bank NA$95,880.00 $93,533.70 , .32 20 4/11/2013 515 Harvest Street SW Jamey Walter & Tammy Spence Nationstar Mortgage LLC $124,000.00 $104,039.61 $107,570.59 21 4/17/2013 12 Grove Street NW Daniel M RPM National Association $128,775.00 $137,250.75 $145,543.87 Gruen Tree Servicing LLC T, 176 000 00 23 4/18/2013 705 Brown Street SW Timothy Duesterhoeft IMHFA $93,880.00 $90,239.72 $35,700.00 24 4/23/2013 185 Arch Street SE John Dietel Wells Fargo $163,968.00 $171,668.75 $195,653.68 25 4/24/2013 724 5th Avenue SW Adam & Jamie Hartwig Wells Fargo Home Mortgage Inc. $128,418.00 $122,467.57 $72,250.00 26 5/1/2013 750 Dale Street SW Herman & Janet Buschel W P $110,000.00 $159,270.16 $104,421.69 27 5/1/2013 103 5th Avenue NE Herbert Heidecker & Bonnie Bar US Bank National Association $166,500.00 $255,344.34 $72,250.00 28 5/9/2013` 445 Maryland Street NW Matthew Ebeling MHFA $143,877.00 $131,093.46 $91,800.00 _ 29 6/19/2013 35 7th Avenue SE David & Sylvia Kahle MidFirst Bank $31,617.00 $19,378.45 $20,467.95 30 7/24/2013 440 Merrill SW Victor & Theresa Reyes River City Mortgage & Financial LLC $167,469.00 $166,645.03 $124,600.00 $84,500 31 8/7/2013 583 Grove Street SW Elizabeth Gilbertson Wells Fargo Bank, NA $111,746.00 $108,289.71 Cancelledl/15/13 $117,300 5/15/13 32 8/15/2013 1850 West Shore Drive SV Andrew Curtis JPMorgan Chase Bank $159,183.00 $166,938.20 $39,739.55 Bare 33 9/4/2013 840 Lakewood Drive SW Curtis & Denise Bradford Bremer Bank NA $50,000.00 $38,485.75 Lot 34 9/11/2013 126 Oakland Avenue SE Jennifer & Travis Heinrich PHH Mortgage Corporation $150,000.00 $146,303.73 $151,274.20 35 9/18/2013 121 6th Avenue NE Lisa Zuehlke EverBank $122,459.00 $124,416.73 $129,965.14 36 10/30/2013 406 Hassan Street SE Larry & Starr Botzet OneWest Bank FSB $160,000.00 $179,807.75 $184,814.76 37 12/12/2013 205 5th Avenue NE 1 Everett Binder JPMorgan Chase Bank $113,451.00 $108,861.68 $53,400.00 Page 1 of 2 2013 Hutchinson Mortgage Foreclosure Sales 4 SS Date Address Mortgagor Mortgagee Orig. Mortgage Claimed Amount Sold Amt 38 12/12/2013 455 Maryland Street NW Eric & Morgan Schmidt MHFA $155,500.00 $148,915.67 $110,330.00 39 12/24/2013 841 Main Street S Bruce & Jennifer Humphrey US Bank National Association $76,720.00 $94,316.51 $97,480.20 2 3 14 � 1/29/2014 1/29/2014 Rescheduled to 2014 617 Bluff Street N � 100 Oakland Avenue SE - 5th Avenue NE & Riana Isaac & Kara Marceau Dale Nelson �CitiMortgage Inc. Wells Fargo Bank, NA .00 $185,389.00 55,550.00 $125, $195,644.32 $152 tW Cancelled 1/15/2013 583 Grove Street SW Elizabeth Gilbertson Wells Fargo Bank, NA $111,746.00 $103,421.31 2/8/2013 1033 Prairie View Dr. SW William Eustice Wells Fargo Home Mortgage Inc. $85,000.00 $79,179.88 2/28/2013 1200 Lewis Avenue SW James D. Carlson BAC Homes Loans Servicing $210,000.00 $240,620.32 4/2/2013 800 Ash Street NE Shirley & Marcus Jakes PHH Mortgage Corporation $110,347.00 $121,537.21 5/2/2013 116 Monroe Street SE Amanda & Daniel Schoenherr Chase Bank USA NA $104,000.00 $108,577.55 5/15/2013 956 Osgood Avenue SW Jon & Lori Burks Wells Fargo Bank NA 1$185,250.00 $181,451.96 5/15/2013 1850 West Shore Dr. SW Andrew Curtis Mortgage Electronic Registration System h $159,183.00 $161,440.28 6/25/2013 615 Merril Street SW Darlene & Chris Johnson JPMorgan Chase Bank NA $135,950.00 $139,161.01 8/7/201 8/14/2013 99 McLeod venue NVErCandace 1614 3rd Avenue SW Bauer IM Dennis & Barbara Wedge Vells Fargo B377NA US Bank NA $154,000.00 , $190,444.81 8/15/2013 915 Hassan Street SE Kevin & Kimberly Katzenmeyer JPMorgan Chase Bank NA $143,200.00 $135,937.00 9/18/2013 18 Grove Street N Douglas Lietzau Wells Fargo Bank $132,000.00 $115,526.18 9/19/2013 916 Jefferson Street SE Michael & Tammera Paulson Deutsche Bank National Trust Co $60,000.00 $56,427.18 10/30/2013 830 South Grade Road SW Mitchell & Melanie Ristine Wells Fargo Bank NA $120,267.00 $126,154.42 11/14/2013 524 Prospect Street NE Jeffery Maisch MHFA $78,965.00 $71,501.13 Electric & Gas Water Both 12/13/2012 4/10/2012 9/6/2012 7/5/2012 117 6th Avenue NE 488 Prospect Street NE 735 Franklin Street SW 709 Madson Avenue S 2012 Hutchinson Mortgage Foreclosure Sales Patrick & Sh]labanV Wells Fargo Bank, NA �;;$162,364.00 Jeffrey & Jennifer Gehrke The Bank of New York Mellon Travis & Nora Roste US Bank Trust National Association neth Ifta Blumberg Chase Home Finance d& $182,400.00 $101,250.00 $141,075.00 $166,398.69 $244,636.40 $95,026.97 $152,030.7 $168,967.54 Cancelled in 2012 $97,793.82 6,341.40 955 Keith Street SWBart 490 California Street4i Vacant? & Susan Carlson ? David & Sylvia Pfeiler? Page 2 of 2