NOT LISTED FOR SALE

123 Medinah Cir E Lake City, MN 55041

Estimated Value: $532,000 - $600,000

0.3 Acre
$1,892,190 Price per Acre
13,068 Sq Ft Lot

Last Sold February 15, 2012

Last sale price $19,777

Est. 2,770% increase in value since last sale

Current estimated payment $3,635/month

468 Days on Market

Highlights

  • On Golf Course
  • Agricultural
  • Level Lot
  • Landscaped with Trees

About This Lot

As of February 2012

THIS LOT LOOKS DIRECTLY DOWN ON ONE OF THE JEWELS BEST PAR 3 HOLES. SEE THE GREEN AND THE BLUFFS ALL IN ONE FROM THIS PICTURE PERFECT LOT.

Last Agent to Sell the Property

Mark Adams

RE/MAX Results Listed on: 10/14/2010

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,536

Lot Details

  • 0.3 Acre Lot
  • On Golf Course
  • Level Lot
  • Irregular Lot
  • Landscaped with Trees
  • Finished Lot(s)

HOA Fees

  • $21 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include management, shared amenities

Listing and Financial Details

  • Short Sale

Property Details

Property Type

Land

Est. Annual Taxes

$7,536

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/15/2012
  • Street Designation: Circle
  • Taxes With Assessments: 1408
  • Estimated Number of Acres: 0.3
  • Additional Information: Abstract, Easements, Platted, Survey Stakes
  • Development Status: Finished Lot
  • Topography: Level
  • Special Features: 12
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 250

Schools

  • School District: Lake City #813

Lot Info

  • Lot/Land Description: Irregular Lot, On Golf Course, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Kotla Thomas W and Kotla Diane H
Bought by
Barnes Jordan W and Barnes Courtney L
Current Estimated Value
$567,657

Purchase Details

Listed on
Oct 14, 2010
Closed on
Feb 15, 2012
Sold by
Wrzos Dennis C and Adams Mark
Bought by
Kotila Thomas W and Kotila Diane H
Seller's Agent
Mark Adams
RE/MAX Results
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$60,000
Sold Price
$19,777
Premium/Discount to List
-$40,223
-67.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.74%
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
Barnes Jordan W $41,000 Knight Barry Ttl United Llc
Kotila Thomas W $19,775 None Available
Barnes Jordan Jordan $41,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $19,777 -67.0% --
01/25/2012 01/25/12 Pending -- -- --
10/14/2010 10/14/10 For Sale $60,000 -- --
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
2025 $7,536 $599,700 $60,000 $539,700
2024 $7,536 $556,800 $60,000 $496,800
2023 $3,182 $554,300 $60,000 $494,300
2022 $656 $246,400 $60,000 $186,400
2021 $380 $35,000 $35,000 $0
2020 $382 $20,000 $20,000 $0
2019 $394 $20,000 $20,000 $0
2018 $400 $20,000 $20,000 $0
2017 $388 $20,000 $20,000 $0
2016 $402 $0 $0 $0
2015 $402 $0 $0 $0
2012 $734 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3488890

REALTOR® Association of Southern Minnesota

APN: R-22.02336.00