14215 Orchard Rd Minnetonka, MN 55345
Spring Lake NeighborhoodEstimated payment $3,709/month
About This Lot
The sellers chose this 1.32-acre flat lot for its size, location, and privacy. Their intention was to build a multigenerational home. With a grandchild on the way, they have decided to purchase an existing home and are passing along a truly build-ready lot to the next owners. Since purchasing the lot, the sellers have invested significant time and resources to prepare the property for new construction. Their efforts offer a head start for a future buyer looking to build by completing the following: 1. ASBESTOS ABATEMENT & DEMOLATION: Completed professional asbestos abatement followed by the Bollig & Sons demolition and removal of the existing house, garage, and shed. 2. LOT CLEARING: Removed a substantial number of trees to create an open and build-ready site. The driveway entrance was also widened. 3. SURVEY & EASEMENT PREPARATION: A full property survey was completed for permit purposes (see attached). There is an existing utility/drainage easement on the property. In anticipation of vacating the easement, an additional survey and legal description were completed by Acre Land Surveying, Inc. Based on discussions with the City of Minnetonka’s planning department, the only remaining step is to submit the Vacate of Easement application—no additional groundwork is needed. 4. SPRINKLER REQUIREMENT REMOVED: The sellers worked with the City of Minnetonka and Fire Department to successfully remove the sprinkler system requirement for the future home. 5. ARCHITECTURAL PLANS AVAILABLE: Professionally designed building plans are complete and included in the sale (see attached). Plans include a 1,000 sq ft attached ACCESSORY DWELLING UNIT (ADU), a permitted and unique opportunity in this zoning district.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,402
Lot Details
- Lot Dimensions are 224x223x223x304
- Finished Lot(s)
Community Details
- No Home Owners Association
- Auditors Sub 227 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2211722220007
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $6,159 | $517,300 | $453,400 | $63,900 |
| 2022 | $4,227 | $406,600 | $341,400 | $65,200 |
| 2021 | $3,822 | $341,600 | $290,000 | $51,600 |
| 2020 | $3,981 | $315,200 | $290,000 | $25,200 |
| 2019 | $3,140 | $311,400 | $290,000 | $21,400 |
| 2018 | $3,113 | $254,000 | $228,900 | $25,100 |
| 2017 | $3,064 | $237,500 | $210,700 | $26,800 |
| 2016 | $3,214 | $241,300 | $210,700 | $30,600 |
| 2015 | $2,840 | $212,500 | $196,000 | $16,500 |
| 2014 | -- | $208,000 | $196,000 | $12,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $575,000 | +22.3% | -- |
| 09/25/2024 09/25/24 | Sold | $470,000 | -5.8% | $363 / Sq Ft |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $499,000 | -- | $385 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Results Title | |
| Deed | $400,000 | -- | |
| Warranty Deed | $400,000 | Gibraltar Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $130,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $5,000 | Negative Amortization | |
| Previous Owner | $16,800 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 6735442
APN: 22-117-22-22-0007
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