NOT LISTED FOR SALE

18662 Arctic Ave Big Lake, MN 55309

Estimated Value: $447,000 - $536,000

0.35 Acre
$1,364,823 Price per Acre
15,246 Sq Ft Lot

Last Sold December 11, 2014

Last sale price $25,900

Est. 1,744% increase in value since last sale

Current estimated payment $2,937/month

195 Days on Market

Highlights

  • Agricultural
  • Big Lake Senior High School Rated 9+
  • Level Lot

About This Lot

As of December 2014

Hidden River Estates is a quaint neighborhood settled in Big Lake. With 27 Lots available, you are able to build your Custom Dream Home! Use our builder, or your own. Come see the gorgeous Lots today.

Last Agent to Sell the Property

Beth Iverson

RE/MAX Results Listed on: 05/01/2014

Last Buyer's Agent

Cain Murray

Keller Williams Classic Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,182

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Few Trees

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 655480310

Property Details

Property Type

Land

Est. Annual Taxes

$5,182

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 655480310
  • Projected Closed Date: 12/11/2014
  • Street Designation: Avenue
  • Taxes With Assessments: 536
  • Estimated Number of Acres: 0.35
  • Additional Information: Platted
  • Development Status: Subdivided
  • Land Improvements: Curbs/Gutters, Paved, Sidewalk
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Schools

  • School District: Big Lake #727

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Adam Price Inc
Bought by
Cano Garcia Luis and Cabrera Fernandini Maria
Current Estimated Value
$477,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,917
Outstanding Balance
$400,900
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$76,788

Purchase Details

Closed on
Aug 31, 2021
Sold by
Norlin Samuel and Norlin Pearl
Bought by
Adam Price Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2021
Sold by
Shultz Jan and Shultz Sandra
Bought by
Norlin Samuel and Norlin Pearl

Purchase Details

Listed on
May 1, 2014
Closed on
Dec 11, 2014
Sold by
Premier Bank Minnesota
Bought by
Shultz Jan
Seller's Agent
Beth Iverson
RE/MAX Results
Buyer's Agent
Cain Murray
Keller Williams Classic Realty
List Price
$25,900
Sold Price
$25,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.69%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Paumen Properties Llc
Bought by
Premier Bank Minnesota
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
Cano Garcia Luis $478,797 --
Adam Price Inc $60,000 Legacy Title
Norlin Samuel $50,000 Home Security Abstract & Tit
Shultz Jan $25,900 Land Title Inc
Premier Bank Minnesota -- Land Title Inc
Norlin Samuel Samuel $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano Garcia Luis $430,917
Previous Owner Adam Price Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $25,900 0.0% --
11/12/2014 11/12/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $25,900 -- --
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 $5,182 $452,400 $89,900 $362,500
2024 $5,340 $422,100 $89,900 $332,200
2023 $556 $438,300 $106,900 $331,400
2022 $1,038 $66,600 $66,600 $0
2020 $690 $48,000 $48,000 $0
2019 $464 $35,700 $35,700 $0
2018 $414 $28,800 $28,800 $0
2017 $456 $24,500 $24,500 $0
2016 $438 $26,000 $26,000 $0
2015 $416 $25,100 $25,100 $0
2014 $536 $25,100 $25,100 $0
2013 -- $24,800 $24,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4615223

REALTOR® Association of Southern Minnesota

APN: 65-548-0310