NOT LISTED FOR SALE

1830 Shoreline-Drive- Orono, MN 55391

Estimated Value: $3,672,184 - $4,260,000

1.65 Acres
$2,370,138 Price per Acre
71,874 Sq Ft Lot

Last Sold December 17, 2012

Last sale price $730,000

Est. 436% increase in value since last sale

Current estimated payment $24,368/month

307 Days on Market

Highlights

  • Lake Front
  • 1.65 Acre Lot
  • Level Lot
  • Schumann Elementary School Rated A-
  • Agricultural

About This Lot

As of December 2012

133 feet of gorgeous broad views over the main lower Lake Minnetonka. Just enough elevation, private access via Heritage Lane. Close to Wayzata and Dakota Trail for hiking and biking.

Last Agent to Sell the Property

Meredith Howell

Coldwell Banker Burnet Listed on: 01/13/2012

Last Buyer's Agent

Michael Steadman

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,623

Lot Details

  • 1.65 Acre Lot
  • Lake Front
  • Level Lot
  • Finished Lot(s)

Additional Features

  • Agricultural
  • Private Company Owned Well

Listing and Financial Details

  • Assessor Parcel Number 1011723420002

Property Details

Property Type

Land

Est. Annual Taxes

$42,623

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessment Balance: 1164
  • Assessments: Yes
  • Parcel Number: 1011723420002
  • Projected Closed Date: 12/17/2012
  • Taxes With Assessments: 11154.9
  • Estimated Number of Acres: 1.65
  • Additional Information: Platted, Torrens
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 14652
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Electric, Natural Gas, Private Well

Schools

  • School District: Orono #278

Lot Info

  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2015
Sold by
Kyle Family Limited Partnership
Bought by
Tufaa Tashitaa T
Current Estimated Value
$3,910,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$305,907
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,604,821

Purchase Details

Listed on
Jan 13, 2012
Closed on
Dec 17, 2012
Sold by
Kyle Family Limited Partnership
Bought by
Tufaa Tashitaa
Seller's Agent
Meredith Howell
Coldwell Banker Burnet
Buyer's Agent
Michael Steadman
Coldwell Banker Burnet
List Price
$865,000
Sold Price
$730,000
Premium/Discount to List
-$135,000
-15.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$511,000
Interest Rate
3.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 2001
Sold by
Savage Mark
Bought by
Kyle Familty Ltd Partnership

Purchase Details

Closed on
May 11, 2001
Sold by
Bloch Carole A and Bloch Louis W
Bought by
Savage Tonya M and Savage Mark

Purchase Details

Closed on
Sep 13, 1999
Sold by
Bloch Carole A and Bloch Louis W
Bought by
Savage Mark S and Savage Tonya M

Purchase Details

Closed on
Jul 27, 1997
Sold by
Anderson Helen M
Bought by
Bloch Carole A
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
Tufaa Tashitaa T $730,000 All American Com Title
Tufaa Tashitaa $730,000 Burnet Title
Kyle Familty Ltd Partnership $560,000 --
Savage Tonya M $310,000 --
Savage Mark S $410,000 --
Bloch Carole A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tufaa Tashitaa T $400,000
Previous Owner Tufaa Tashitaa $511,000
Closed Savage Mark S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $730,000 -15.6% --
11/15/2012 11/15/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $865,000 -- --
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
2024 $42,623 $3,673,900 $1,086,900 $2,587,000
2023 $40,654 $3,639,500 $1,086,900 $2,552,600
2022 $31,773 $3,234,000 $988,000 $2,246,000
2021 $30,622 $2,529,000 $666,000 $1,863,000
2020 $32,619 $2,448,000 $616,000 $1,832,000
2019 $33,024 $2,493,000 $560,000 $1,933,000
2018 $26,744 $2,484,000 $549,000 $1,935,000
2017 $7,943 $559,000 $559,000 $0
2016 $7,301 $513,000 $513,000 $0
2015 $6,971 $490,000 $490,000 $0
2014 -- $685,000 $685,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3496021

REALTOR® Association of Southern Minnesota

APN: 10-117-23-42-0002