NOT LISTED FOR SALE

1575 Marsh Pointe Ct Medina, MN 55340

Medina Neighborhood

Estimated Value: $348,000 - $374,000

0.23 Acre
$1,553,622 Price per Acre
10,019 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $348,900

Est. 2% increase in value since last sale

Current estimated payment $2,458/month

656 Days on Market

About This Lot

As of August 2024

Located in the heart of Medina, Marsh Pointe Preserve is a luxury single family
home community located in the award winning Wayzata School district. This
36-acre site is an exclusive enclave of 30 spectacular home sites offering privacy
and majestic views. The architecturally designed homes will be built by us at
Charles Cudd Co, through a seamless collaboration of our in-house design team,
interior designers, and constructed with the finest craftmanship. Don’t miss this
rare, one-of-a-kind opportunity to build your new dream home. Contact us to
reserve your new homesite today!

Last Listed By

George Stickney

Coldwell Banker Realty Listed on: 10/19/2022

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,998

Lot Details

  • Finished Lot(s)

HOA Fees

  • $300 Monthly HOA Fees

Community Details

  • Association fees include lawn care
  • Marsh Pointe Association, Phone Number (952) 476-3694
  • Built by CHARLES CUDD CO LLC
  • Marsh Pointe Preserve Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,998

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Type: Land
  • Fee Frequency: Monthly
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Closed
  • Improvements: Curbs,Paved Streets,Sidewalks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted,Survey Stakes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Electricity Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care
  • Phone: 952-476-3694
  • Association Fee: 300
  • Association: Yes
  • Community Name: Marsh Pointe Preserve

Association/Amenities

  • HOA Management Co: Marsh Pointe

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Topography: Rolling
  • Lot Size: regular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 635245

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 1
  • TaxWithAssessments: 1.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Aug 5, 2024
Sold by
Bps Properties Llc
Bought by
Gallegos Todd and Gallegos Robyn
Seller's Agent
George Stickney
Coldwell Banker Realty
Buyer's Agent
George Stickney
Coldwell Banker Realty
List Price
$339,900
Sold Price
$348,900
Premium/Discount to List
$9,000
2.65%
Total Days on Market
656
Views
39
Current Estimated Value
$357,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,433
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,120,308
Outstanding Balance
$662,821
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$305,417

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
Gallegos Todd $348,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Todd $348,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $348,900 0.0% --
05/28/2024 05/28/24 Price Changed $348,900 +1.7% --
08/15/2023 08/15/23 Price Changed $342,900 +0.9% --
10/19/2022 10/19/22 For Sale $339,900 -- --
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
2023 $1,998 $164,000 $164,000 $0
2022 $1,076 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: NorthstarMLS

MLS Number: 6273131

NorthstarMLS

APN: 02-118-23-32-0027