$365,000
SOLD MAY 9, 2025

16011 Guberud Hill Dr Wilmington Township, MN 55974

41 Acres
$8,957 Price per Acre
1,775,070 Sq Ft Lot

Recently Sold

13% Below List Price

84 Days on Market

About This Lot

As of May 2025

This 40.75-acre property offers the perfect blend of timber and tillable land, ideal for anyone looking to create their dream homestead. Located on a quiet dead-end road, this serene setting boasts breathtaking country views. The property features a large machine shed and the property itself was previously used as a pig nursery, though it's been years since its last use. A feedlot permit is a possibility, giving you flexibility for farming or raising animals. With ample space for a custom home, gardens, and pasture, this property is perfect for raising animals, cultivating crops, or simply enjoying the great outdoors. The wooded sections provide fantastic opportunities for hunting or timber harvesting. Whether you’re looking for a peaceful retreat, a productive farm, or both, this land offers endless potential. Make this property your own and create the lifestyle you’ve always dreamed of.

Last Agent to Sell the Property

Kelly Meyer

Keller Williams Premier Realty Listed on: 01/28/2025

Keller Williams Premier Realty

Last Buyer's Agent

Kelly Meyer

Keller Williams Premier Realty Listed on: 01/28/2025

Keller Williams Premier Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,648

Lot Details

  • Finished Lot(s)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R150048004

Property Details

Property Type

Land

Est. Annual Taxes

$2,648

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Other

Exterior Features

  • Other Structures: Shed(s)

Utilities

  • Utilities: Electricity Connected, Private Well Connected, Electricity Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Spring Grove
  • SchoolDistrictNumber: 297
  • SchoolDistrictPhone: 507-498-3221

Lot Info

  • Topography: Gently Rolling,Level,Wooded
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture,Other
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: R150048004
  • Tax Annual Amount: 2648
  • TaxWithAssessments: 2648.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
May 9, 2025
Sold by
Thorson Benjamin and Thorson Laura H
Bought by
Borntrager Beniy and Borntrager Martha
Seller's Agent
Kelly Meyer
Keller Williams Premier Realty
Buyer's Agent
Kelly Meyer
Keller Williams Premier Realty
List Price
$420,000
Sold Price
$365,000
Premium/Discount to List
-$55,000
-13.1%
Views
44
Current Estimated Value
$383,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,082
Avg. Annual Appreciation
19.61%
Original Mortgage
$365,000
Outstanding Balance
$359,855
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,227

Purchase Details

Closed on
Oct 14, 2011
Sold by
Sanness Lloyd and Sanness Janet
Bought by
Olerud Todd and Olerud Patty
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 Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Warranty Deed $15,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 Credit Line Revolving
Previous Owner $3,350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $365,000 -6.6% --
04/22/2025 04/22/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $390,900 -6.9% --
01/28/2025 01/28/25 For Sale $420,000 -- --
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 $3,236 $420,500 $267,100 $153,400
2024 $2,648 $411,000 $240,700 $170,300
2023 $2,632 $329,200 $196,000 $133,200
2022 $2,880 $316,300 $183,100 $133,200
2021 $2,948 $322,300 $164,900 $157,400
2020 $3,214 $331,500 $174,100 $157,400
2019 $3,234 $353,900 $166,100 $187,800
2018 $3,270 $353,900 $166,100 $187,800
2017 $3,270 $353,900 $166,100 $187,800
2016 $3,408 $347,800 $159,700 $188,100
2015 $3,112 $351,900 $163,800 $188,100
2014 $3,112 $333,500 $148,800 $184,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6655036

NorthstarMLS

APN: R-15.0048.004