NOT LISTED FOR SALE

1501 Cedar Ln Litchfield, MN 55355

Estimated Value: $44,000 - $200,000

0.47 Acre
$204,255 Price per Acre
20,473 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $39,500

Est. 141% increase in value since last sale

Current estimated payment $629/month

111 Days on Market

About This Lot

As of October 2023

Spacious lots in a cul de sac, ready for you to build your dream home! Other lots available for $35,000.

Last Agent to Sell the Property

Chris Fellerman

Keller Williams Integrity NW Listed on: 05/10/2023

Keller Williams Integrity NW

Co-Listed By

Daryl Bonderson

Keller Williams Integrity NW

Last Buyer's Agent

Shanelle Monreal

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $604

Lot Details

  • Lot Dimensions are 153x255x99x136
  • Building or Site Plan Approved

Community Details

  • No Home Owners Association
  • Cedar Mdws Subdivision

Listing and Financial Details

  • Assessor Parcel Number 272911000

Property Details

Property Type

Land

Est. Annual Taxes

$604

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,Platted

Utilities

  • Utilities: Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Litchfield
  • SchoolDistrictNumber: 465
  • SchoolDistrictPhone: 320-693-2444

Lot Info

  • Topography: Level
  • Lot Size: 153X255X99X136
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 272911000
  • Tax Annual Amount: 604
  • TaxWithAssessments: 604.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Oct 6, 2023
Sold by
Castle Gate Construction Inc
Bought by
Mccann John W and Mccann Sharon E
Seller's Agent
Chris Fellerman
Keller Williams Integrity NW
Buyer's Agent
Shanelle Monreal
Coldwell Banker Realty
List Price
$44,900
Sold Price
$39,500
Premium/Discount to List
-$5,400
-12.03%
Views
13
Current Estimated Value
$95,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,833
Avg. Annual Appreciation
62.46%
Original Mortgage
$62,400
Outstanding Balance
$42,083
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$53,917

Purchase Details

Listed on
May 10, 2023
Closed on
Oct 5, 2023
Sold by
Castle Gate Construction Inc
Bought by
Mccann John and Mccann Sharon
Seller's Agent
Chris Fellerman
Keller Williams Integrity NW
Buyer's Agent
Shanelle Monreal
Coldwell Banker Realty
List Price
$44,900
Sold Price
$39,500
Premium/Discount to List
-$5,400
-12.03%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Outstanding Balance
$42,083
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$53,917

Purchase Details

Closed on
Apr 5, 2022
Sold by
Ripley Greens Llc
Bought by
Castle Gate Construction Inc
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
Mccann John W $79,000 Premier Title
Mccann John $79,000 --
Castle Gate Construction Inc $96,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann John W $62,400
Closed Mccann John $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $39,500 -12.0% --
08/30/2023 08/30/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $44,900 -- --
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 $1,234 $73,000 $73,000 $0
2024 $1,234 $78,100 $78,100 $0
2023 $578 $39,100 $39,100 $0
2022 $604 $32,600 $32,600 $0
2021 $612 $32,600 $32,600 $0
2020 $642 $32,600 $32,600 $0
2019 $568 $32,600 $32,600 $0
2018 $560 $32,600 $32,600 $0
2017 $554 $32,600 $32,600 $0
2016 $594 $31,000 $31,000 $0
2015 $408 $0 $0 $0
2014 $408 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368544

NorthstarMLS

APN: 27-2911000