NOT LISTED FOR SALE

18810 Valley Dr Minnetonka, MN 55345

Estimated Value: $470,000 - $487,000

0.93 Acre
$511,483 Price per Acre
40,511 Sq Ft Lot

Last Sold October 12, 2012

Last sale price $226,804 $202 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,979/month

107 Days on Market

Highlights

  • Cul-De-Sac
  • Agricultural
  • Level Lot
  • Clear Springs Elementary School Rated A
  • Many Trees

About This Lot

As of October 2012

Compare this park like just under 1 acre wooded home site. Excellent addition to existing home opportunity! Home directly across the street was completely rebuilt in 2006!

Last Agent to Sell the Property

Michael Burton

Burton Land Company Listed on: 06/03/2012

Last Buyer's Agent

Laura Scott

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,501

Lot Details

  • 0.93 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3111722330037

Property Details

Property Type

Land

Est. Annual Taxes

$5,501

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Estimated Wooded Acres: 0.5
  • Parcel Number: 3111722330037
  • Projected Closed Date: 10/12/2012
  • Taxes With Assessments: 3352
  • Estimated Number of Acres: 0.93
  • Additional Information: Platted, Survey, Survey Stakes, Torrens
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level, Lowland, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Soil Type: Loam

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Schools

  • School District: Minnetonka #276

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2012
Closed on
Oct 12, 2012
Sold by
Burton Michael E and Burton Joanne K
Bought by
Wallace Benjamin L and Wallace Elena
Seller's Agent
Michael Burton
Burton Land Company
Buyer's Agent
Laura Scott
RE/MAX Advantage Plus
List Price
$239,900
Sold Price
$226,804
Premium/Discount to List
-$13,096
-5.46%
Current Estimated Value
$475,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,875
Avg. Annual Appreciation
5.88%
Original Mortgage
$181,443
Interest Rate
3.31%
Mortgage Type
New Conventional
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
Wallace Benjamin L -- Tci
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wallace Benjamin L $22,680
Previous Owner Wallace Benjamin L $181,443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $226,804 0.0% $202 / Sq Ft
10/12/2012 10/12/12 Sold $226,804 -5.5% $133 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/18/2012 09/18/12 Pending -- -- --
06/03/2012 06/03/12 For Sale $239,900 -4.0% $214 / Sq Ft
04/25/2012 04/25/12 For Sale $249,900 -- $147 / Sq Ft
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 $5,501 $423,500 $225,500 $198,000
2023 $5,303 $423,900 $225,500 $198,400
2022 $4,972 $417,700 $225,500 $192,200
2021 $4,638 $364,100 $205,000 $159,100
2020 $4,476 $342,200 $205,000 $137,200
2019 $3,822 $318,300 $205,000 $113,300
2018 $3,580 $274,400 $205,000 $69,400
2017 $3,441 $247,100 $185,000 $62,100
2016 $3,204 $231,300 $185,000 $46,300
2015 $3,112 $224,500 $175,000 $49,500
2014 -- $237,100 $175,000 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4282838

REALTOR® Association of Southern Minnesota

APN: 31-117-22-33-0037