NOT LISTED FOR SALE

16101 Elm Rd Osseo, MN 55311

Estimated Value: $914,500

7 Acres
$130,456 Price per Acre
305,356 Sq Ft Lot

Last Sold October 23, 2018

Last sale price $550,000 $185 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,985/month

15 Days on Market

About This Lot

As of October 2018

Wonderful 7+ acre site complete with rolling hills and mature trees. Convenient location and prime opportunity for future subdivision located in the sought after Wayzata School District.

Last Listed By

Mike Steadman

Compass Listed on: 09/24/2018

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,811

Year Built

  • 1983

Lot Details

  • 7.01 Acre Lot
  • Lot Dimensions are 974x653x812
  • Irregular Lot
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Reg Land Survey No. 0987 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3211922440008

Property Details

Property Type

Land

Est. Annual Taxes

$8,811

Year Built

1983

Lot Details

0

Listing Details

  • Type: Lots & Land
  • Development Status: Finished Lot(s)
  • Restrict To Builders: Open
  • Carport Y N: No
  • Development Y N: No
  • Improvement Type: None
  • Inclusions Type: For Sale Sign
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Parcel Numbers: 3211922440008
  • Plat Recorded Y N: Yes
  • Rental License: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1983

Utilities

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

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 284 - Wayzata
  • School District Phone: 763-745-5000

Lot Info

  • Zoning: Residential-Single Family
  • Topography: Rolling
  • Waterfront YN: No
  • Assessment Pending: Unknown
  • Lot Size: 974x653x812
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 7.0100
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: REG. LAND SURVEY NO. 0987 THAT PART OF TRACT B REG LAND SURVEY NO 987 LYING N OF THE ELY EXT OF THE S LINE OF TRACT C REG LAND SURVEY NO 987 ALSO THE N 217.8 FT OF THAT PART OF SAID TRACT B LYING S O
  • Tax Amount: 8811.00
  • Tax Year: 2018
  • Tax With Assessments: 8811.00
  • Assessor Parcel Number: 3211922440008

MLS Schools

  • School District Name: 284 - Wayzata

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Elm Road South Inc
Bought by
Hanson Builders Inc
Total Days on Market
15
Current Estimated Value
$914,500

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 18, 2018
Sold by
Mclellan James S and Mclellan Delores M
Bought by
Elm Road South Inc
Seller's Agent
Mike Steadman
Compass
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%

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
Hanson Builders Inc $1,180,000 Custom Home Builders Ttl Llc
Elm Road South Inc $550,000 Custom Home Builders Title L
-- $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclellan James S $220,000
Previous Owner Mclellan James S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $550,000 -8.3% $185 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $599,900 -- $202 / Sq Ft
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
2020 $7,315 $562,100 $194,600 $367,500
2019 $8,814 $587,400 $232,000 $355,400
2018 $8,811 $630,700 $272,100 $358,600
2017 $7,961 $563,200 $239,400 $323,800
2016 $8,037 $555,300 $239,400 $315,900
2015 $7,450 $512,200 $200,100 $312,100
2014 -- $467,400 $165,100 $302,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5001668

NorthstarMLS

APN: 32-119-22-44-0008