NOT LISTED FOR SALE

11151 250th St E Lakeville, MN 55044

Estimated Value: $443,000 - $1,336,034

58 Acres
$15,248 Price per Acre
2,543,468 Sq Ft Lot

Last Sold May 03, 2023

Last sale price $645,000 $661 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,559/month

1,446 Days on Market

Highlights

  • No HOA
  • Mcguire Middle School Rated A-
  • Cul-De-Sac

About This Lot

As of May 2023

Beautiful 58 Acre parcel with outstanding exposure to 35W. Currently zoned 'Urban Business Reserve District' (UBR). Fantastic location just south of Lakeville and outside of Elko New Market. Offers potential for future development or business opportunity as this south metro area continues to develop. Farmhouse and outbuildings on property sold AS-IS. Contact Scott County for additional information on Zoning restrictions and future development opportunities.

Last Agent to Sell the Property

Kurt Peterson

RE/MAX Advantage Plus Listed on: 05/02/2019

RE/MAX Advantage Plus

Co-Listed By

Zach Skattum

RE/MAX Advantage Plus

Last Buyer's Agent

Christine North

Prandium Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,868

Lot Details

  • Lot Dimensions are 1014x2479x1000x2518
  • The property's road front is unimproved
  • Cul-De-Sac
  • Unpaved Streets
  • Few Trees

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 089240010

Property Details

Property Type

Land

Est. Annual Taxes

$2,868

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Exterior Features

  • Fencing: None

Utilities

  • Utilities: Electricity Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictNumber: 194
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • Topography: Rolling
  • Lot Size: 1014x2479x1000x2518
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy, Tree Coverage - Light, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Other
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 089240010
  • Tax Annual Amount: 2868
  • TaxWithAssessments: 2868.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
May 3, 2023
Sold by
Storlie Richard and Storlie Renee
Bought by
Tek Farms Llc
Seller's Agent
Kurt Peterson
RE/MAX Advantage Plus
Buyer's Agent
Christine North
Prandium Group Real Estate
List Price
$785,000
Sold Price
$645,000
Premium/Discount to List
-$140,000
-17.83%
Current Estimated Value
$900,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,786
Avg. Annual Appreciation
14.79%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tek Farms Llc $645,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $645,000 -17.8% $661 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $785,000 +21.7% $804 / Sq Ft
12/31/2022 12/31/22 Off Market $645,000 -- --
07/05/2022 07/05/22 For Sale $785,000 +21.7% $804 / Sq Ft
06/30/2022 06/30/22 Off Market $645,000 -- --
01/03/2022 01/03/22 For Sale $785,000 +21.7% $804 / Sq Ft
12/31/2021 12/31/21 Off Market $645,000 -- --
08/09/2021 08/09/21 For Sale $785,000 +21.7% $804 / Sq Ft
06/21/2021 06/21/21 Off Market $645,000 -- --
01/04/2021 01/04/21 For Sale $785,000 +21.7% $804 / Sq Ft
12/31/2020 12/31/20 Off Market $645,000 -- --
05/02/2019 05/02/19 For Sale $785,000 -- $804 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,528 $1,307,500 $1,181,200 $126,300
2024 $7,016 $1,188,200 $1,080,700 $107,500
2023 $2,656 $1,098,900 $991,400 $107,500
2022 $2,782 $969,000 $863,100 $105,900
2021 $2,868 $868,000 $779,400 $88,600
2020 $3,128 $868,000 $779,400 $88,600
2019 $3,270 $866,300 $779,400 $86,900
2018 $3,294 $0 $0 $0
2016 $3,546 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5215477

NorthstarMLS

APN: 8-924-001-0