NOT LISTED FOR SALE

18863 Cedar Ave Farmington, MN 55024

Estimated Value: $469,000 - $866,463

20 Acres
$34,506 Price per Acre
871,200 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $900,000 $347 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,199/month

81 Days on Market

About This Lot

As of November 2022

Here are the agent remarks: Please do not walk property or drive property without notifying listing agent or setting up a showing through showingtime. Home is a tear down and not accessible for showings. The property is in the 2029-2038 MUSA for sewer access. Sanitary sewer is located south and east near the Lakeville/Farmington line, north of 200th Street. The land north of the sewer must develop first and bring the sewer main north of 190th Street, then west of Cedar Avenue. There is a 40x96 outbuilding, no concrete floor but half of it is propane heated and insulated.

Last Agent to Sell the Property

Jim Emond

Re/Max Advantage Plus Listed on: 08/26/2022

Re/Max Advantage Plus

Last Buyer's Agent

Jim Emond

Re/Max Advantage Plus Listed on: 08/26/2022

Re/Max Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,532

Lot Details

  • Lot Dimensions are 475x2306
  • Few Trees

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 220160079010

Property Details

Property Type

Land

Est. Annual Taxes

$4,532

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Sidewalks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign

Exterior Features

  • Fencing: None
  • Other Structures: Pole Building
  • Farm Type: Other
  • Soil Type: Clay,Loam

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Cable Available, Electricity Available, Private Septic Available, Private Well Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • Topography: Rolling
  • Lot Size: 475x2306
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 220160079010
  • Tax Annual Amount: 4532
  • TaxWithAssessments: 4532.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 30, 2022
Sold by
Reppe Catherine and Reisinger Michele
Bought by
Ca4 Llc
Seller's Agent
Jim Emond
Re/Max Advantage Plus
Buyer's Agent
Jim Emond
Re/Max Advantage Plus
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%
Views
1
Current Estimated Value
$690,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,884
Avg. Annual Appreciation
-8.58%
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
Ca4 Llc $900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $900,000 0.0% $347 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
09/19/2022 09/19/22 Off Market $900,000 -- --
08/24/2022 08/24/22 For Sale $999,999 -- $385 / 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
2024 $6,732 $718,900 $394,900 $324,000
2023 $5,012 $720,400 $393,700 $326,700
2022 $4,532 $710,100 $392,400 $317,700
2021 $4,770 $603,700 $341,200 $262,500
2020 $4,644 $601,900 $324,900 $277,000
2019 $4,109 $564,900 $309,500 $255,400
2018 $4,191 $525,000 $294,700 $230,300
2017 $4,062 $510,400 $280,400 $230,000
2016 $4,060 $489,400 $267,000 $222,400
2015 $3,815 $456,406 $254,362 $202,044
2014 -- $447,337 $247,189 $200,148
2013 -- $422,946 $225,830 $197,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253562

NorthstarMLS

APN: 22-01600-79-010