NOT LISTED FOR SALE

12015 28th Ave N Minneapolis, MN 55441

Estimated Value: $675,000 - $742,000

0.44 Acre
$1,596,709 Price per Acre
19,166 Sq Ft Lot

Last Sold November 28, 2014

Last sale price $100,000

Est. 603% increase in value since last sale

Current estimated payment $4,287/month

62 Days on Market

Highlights

  • Hilly Lot
  • Agricultural
  • Lot Has A Rolling Slope
  • Sunset Hill Elementary School Rated A
  • Many Trees

About This Lot

As of November 2014

Heavily wooded lot near walking trails and in Wayzata schools.

Last Agent to Sell the Property

Ray Klotz

Edina Realty, Inc. Listed on: 05/30/2014

Last Buyer's Agent

Peter Hagen

Lakes Area Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,878

Lot Details

  • 0.44 Acre Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2311822340101

Property Details

Property Type

Land

Est. Annual Taxes

$6,878

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 2311822340101
  • Projected Closed Date: 12/01/2014
  • Taxes With Assessments: 1673
  • Estimated Number of Acres: 0.44
  • Additional Information: Torrens
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Hilly, Rolling, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 925.24
  • Waterfront Name: Medicine

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Schools

  • School District: Wayzata #284

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Abraham Alvin and Nagurski Nicholas
Bought by
Evans Michael Lawrence and Evans Christina Lynn
Current Estimated Value
$702,552

Purchase Details

Closed on
Aug 31, 2016
Sold by
Rupp Jeremy and Rupp Emily Jean
Bought by
Abraham Alvin and Nagurski Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,800
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2015
Sold by
Rupp Jeremy and Rupp Emily J
Bought by
Rupp Emily Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Nov 4, 2014
Sold by
Lano Velma Rebecca and Simons Susan L
Bought by
Rupp Jeremy
Seller's Agent
Ray Klotz
Edina Realty, Inc.
Buyer's Agent
Peter Hagen
Lakes Area Realty
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.60%
Original Mortgage
$323,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Lano Gerhard M and Lano Velma Rebecca
Bought by
Lano Gerhard M and Gerhard M Lano Trust
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
Evans Michael Lawrence $625,000 Watermark Title Agency
Abraham Alvin $572,000 Titlenexus Llc
Rupp Emily Jean $525,000 Premier Title
Rupp Jeremy $100,000 Premier Title
Lano Gerhard M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abraham Alvin $514,800
Previous Owner Rupp Emily Jean $417,000
Previous Owner Rupp Jeremy $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2014 11/28/14 Sold $100,000 -33.3% --
07/31/2014 07/31/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $150,000 -- --
Source: REALTOR® Association of Southern Minnesota

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
2024 $6,878 $592,500 $139,700 $452,800
2023 $6,711 $603,400 $147,000 $456,400
2022 $6,122 $581,000 $147,000 $434,000
2021 $5,788 $497,000 $122,000 $375,000
2020 $5,924 $472,000 $120,000 $352,000
2019 $6,010 $469,000 $116,000 $353,000
2018 $5,681 $476,000 $137,000 $339,000
2017 $5,626 $441,000 $127,000 $314,000
2016 $1,906 $120,000 $120,000 $0
2015 $2,472 $120,000 $120,000 $0
2014 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4632487

REALTOR® Association of Southern Minnesota

APN: 23-118-22-34-0101