NOT LISTED FOR SALE

18403 Cedar Ln Richmond, MN 56368

Estimated Value: $255,585 - $412,000

2.4 Acres
$131,207 Price per Acre
104,544 Sq Ft Lot

Last Sold November 11, 2014

Last sale price $100,000

Est. 215% increase in value since last sale

Current estimated payment $1,824/month

604 Days on Market

Highlights

  • 212 Feet of Waterfront
  • Agricultural
  • Many Trees
  • Eden Valley Secondary School Rated 9+

About This Lot

As of November 2014

Great opportunity. Private wooded lot on Cedar Island Lake. Build your dream home now or later. Gentle slope down to the water. Easy access location. Enjoy boating, swimming & fishing on the 14 interconnected lakes of the Chain.

Last Agent to Sell the Property

Rhonda Green

Edina Realty, Inc. Listed on: 01/01/2013

Last Buyer's Agent

Rhonda Green

Edina Realty, Inc. Listed on: 01/01/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,832

Lot Details

  • 2.4 Acre Lot
  • 212 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Sloped Lot
  • Many Trees

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 36240490047

Property Details

Property Type

Land

Est. Annual Taxes

$1,832

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Chain Acreage: 2849
  • Parcel Number: 36240490047
  • Projected Closed Date: 11/11/2014
  • Street Designation: Lane
  • Taxes With Assessments: 1594
  • Estimated Number of Acres: 2.4
  • Additional Information: Abstract, Easements, Platted
  • Development Status: Subdivided
  • Land Improvements: Dead End/No Outlet
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 953.51
  • Waterfront Name: Cedar Island
  • Waterfront: Yes
  • Water Frontage: 212
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Electric

Schools

  • School District: Eden Valley-Watkins #463

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2013
Closed on
Nov 11, 2014
Sold by
Scott Myra,Norman E
Bought by
Sabatino Renae,Paul
Seller's Agent
Rhonda Green
Edina Realty, Inc.
Buyer's Agent
Rhonda Green
Edina Realty, Inc.
List Price
$149,900
Sold Price
$100,000
Premium/Discount to List
-$49,900
-33.29%
Current Estimated Value
$314,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,896
Avg. Annual Appreciation
11.05%
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
Sabatino Renae,Paul $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2014 11/11/14 Sold $100,000 -33.3% --
08/28/2014 08/28/14 Pending -- -- --
01/01/2013 01/01/13 For Sale $149,900 -- --
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
2025 $1,832 $206,300 $185,300 $21,000
2024 $1,712 $199,800 $180,800 $19,000
2023 $1,820 $185,000 $167,200 $17,800
2022 $1,692 $150,500 $149,100 $1,400
2021 $1,704 $150,500 $149,100 $1,400
2020 $1,990 $150,500 $149,100 $1,400
2019 $1,926 $168,400 $167,200 $1,200
2018 $1,852 $159,400 $158,200 $1,200
2017 $1,660 $141,200 $140,100 $1,100
2016 $1,648 $0 $0 $0
2015 $1,676 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4427245

REALTOR® Association of Southern Minnesota

APN: 36.24049.0047