NOT LISTED FOR SALE

Estimated Value: $1,138,541 - $1,512,000

1.17 Acres
$1,100,724 Price per Acre
50,965 Sq Ft Lot

Last Sold April 05, 2012

Last sale price $63,625

Est. 1,924% increase in value since last sale

Current estimated payment $8,147/month

Highlights

  • 1.17 Acre Lot
  • Agricultural
  • Lot Has A Rolling Slope
  • Hilly Lot

About This Lot

As of April 2012

This home is located at 1563 86th Ct E, Inver Grove Heights, MN 55077 since 05 April 2012 and is currently estimated at $1,287,847. This property was built in 2017. 1563 86th Ct E is a home located in Dakota County with nearby schools including Pine Bend Elementary School, Inver Grove Heights Middle School, and Simley Senior High School.

Last Agent to Sell the Property

Dick Braun

Coldwell Banker Burnet Listed on: 04/05/2012

Last Buyer's Agent

Dick Braun

Coldwell Banker Burnet Listed on: 04/05/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,428

Year Built

  • 2017

Lot Details

  • 1.17 Acre Lot
  • Lot Has A Rolling Slope
  • Hilly Lot

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$11,428

Year Built

2017

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 04/05/2012
  • Taxes With Assessments: 2027
  • Estimated Number of Acres: 1.17
  • Additional Information: Easements, Platted
  • Development Status: Subdivided
  • Land Improvements: Paved
  • Topography: Hilly, Lowland, Rolling, Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Utilities

  • On Site Utilities: Electric, Natural Gas

Schools

  • School District: Inver Grove Hts #199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
Purdy Michael L and Purdy Jennifer M
Bought by
Purdy Michael L and Purdy Jennifer M
Total Days on Market
0
Current Estimated Value
$1,287,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Miller Krista E
Bought by
Miller Krista E and Nicole M Nawrocki Separate Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,000
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 5, 2012
Closed on
Mar 21, 2012
Sold by
Lcf Funding I Llc
Bought by
Purdy Michael L and Hebzynski Jennifer M
Seller's Agent
Dick Braun
Coldwell Banker Burnet
Buyer's Agent
Dick Braun
Coldwell Banker Burnet
List Price
$63,625
Sold Price
$63,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.56%
Original Mortgage
$56,700
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2004
Sold by
Manley Brothers Construction Inc
Bought by
Lcf Funding I Llc
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
Purdy Michael L -- Custom Home Builders Title L
Miller Krista E $131,303 Custom Home Builders Title
Purdy Michael L $63,624 Land Title
Lcf Funding I Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purdy Michael L $1,045,000
Closed Purdy Michael L $1,080,000
Closed Purdy Michael L $1,011,000
Closed Miller Krista E $224,867
Previous Owner Purdy Michael L $138,000
Previous Owner Purdy Jennifer M $55,790
Previous Owner Purdy Jennifer M $100,000
Previous Owner Purdy Michael L $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $63,625 0.0% --
04/05/2012 04/05/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $63,625 -- --
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
2023 $11,428 $996,100 $245,300 $750,800
2022 $10,246 $980,300 $245,000 $735,300
2021 $10,560 $842,600 $213,000 $629,600
2020 $9,642 $852,700 $202,900 $649,800
2019 $10,019 $782,900 $193,200 $589,700
2018 $2,345 $759,600 $184,000 $575,600
2017 $2,308 $156,300 $156,300 $0
2016 $2,249 $148,900 $148,900 $0
2015 $2,276 $145,300 $145,300 $0
2014 -- $139,900 $139,900 $0
2013 -- $130,500 $130,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3497940

REALTOR® Association of Southern Minnesota

APN: 20-55050-01-060