NOT LISTED FOR SALE

1433 Timber Lane Ln SW Garfield, MN 56332

Estimated Value: $320,000 - $414,000

2.92 Acres
$123,853 Price per Acre
127,195 Sq Ft Lot

Last Sold September 27, 2013

Last sale price $32,500

Est. 1,013% increase in value since last sale

Current estimated payment $2,237/month

125 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 200 Feet of Waterfront
  • Barn
  • Garfield Elementary School Rated A-

About This Lot

As of September 2013

Large building lot with 72x28 shed, 200 amp elec, deep submersible well. Right across road from shared deeded access to Lake Lobster. Seller is motivated.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,734

Year Built

  • 1986

Lot Details

  • 2.92 Acre Lot
  • 200 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Farming

  • Barn

Listing and Financial Details

  • Assessor Parcel Number 45-0225-000

Community Details

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$2,734

Year Built

1986

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Assessment Balance: 338
  • Assessments: Yes
  • Foreclosure: Undisclosed
  • Parcel Number: 45-0225-000
  • Potential Short Sale: Undisclosed
  • Range: 39.00
  • Section: 23.00
  • Taxes With Assessments: 778
  • Twp Number: 128.00
  • Estimated Number of Acres: 2.92
  • Builder Restrictions: Limited
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1986

Exterior Features

  • Lake Class: Gen Development
  • Waterfront Name: Lobster
  • Out Buildings: Barn
  • Waterfront: Yes
  • Water Frontage: 200
  • Waterfront Description: Deeded Access

Utilities

  • On Site Utilities: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 50

Schools

  • School District: Brandon #207

Lot Info

  • Estimated Lot Dimensions: 431 200 330 449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2015
Sold by
Witt Zachary C
Bought by
Wright Scott M and Wright Deborah A
Total Days on Market
125
Current Estimated Value
$361,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 2015
Sold by
Wright Scott M and Wright Deborah A
Bought by
Witt Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2014
Bought by
Wright Scott and Wright Deborah

Purchase Details

Listed on
May 2, 2013
Closed on
Sep 27, 2013
Sold by
Roberts Joshua J and Roberts Kimberli Lucille
Bought by
Witt Homes Llc
List Price
$44,900
Sold Price
$32,500
Premium/Discount to List
-$12,400
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.82%
Original Mortgage
$24,375
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

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
Wright Scott M $145,000 None Available
Wright Scott M $145,000 None Available
Witt Homes Llc -- None Available
Witt Homes Llc -- None Available
Witt Homes Llc $32,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Scott M $55,000
Closed Wright Deborah A $40,000
Open Wright Scott M $226,000
Closed Wright Scott M $234,100
Closed Wright Deborah A $90,000
Closed Wright Scott M $150,000
Closed Wright Scott M $145,000
Closed Witt Homes Llc $145,000
Previous Owner Witt Homes Llc $24,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $32,500 -27.6% --
09/04/2013 09/04/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $44,900 -- --
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 $2,734 $328,900 $36,900 $292,000
2023 $2,734 $277,000 $35,700 $241,300
2022 $2,496 $253,700 $33,400 $220,300
2021 $2,010 $221,200 $32,900 $188,300
2020 $2,574 $204,300 $32,800 $171,500
2019 $2,336 $200,400 $32,400 $168,000
2018 $2,084 $192,500 $32,400 $160,100
2017 $1,994 $166,800 $32,400 $134,400
2016 $432 $152,193 $28,324 $123,869
2015 $348 $0 $0 $0
2014 -- $34,000 $22,700 $11,300
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4470547

REALTOR® Association of Southern Minnesota

APN: 45-0225-000

Minnesota Douglas County Garfield 56332

1433 Timber Lane Ln SW, Garfield, MN

Homes for Sale in Garfield, MN

This home is located at 1433 Timber Lane Ln SW, Garfield, MN 56332 since 02 May 2013 and is currently estimated at $361,652. This property was built in 1986. 1433 Timber Lane Ln SW is a home located in Douglas County with nearby schools including Garfield Elementary School, Discovery Middle School, and Alexandria Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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