Seller's Agent in 2023
Paul Larson
Coldwell Banker Realty
(612) 723-1000
9 in this area
38 Total Sales
Estimated Value: $159,000 - $211,000
0.21
Acre
$921,605
Price per Acre
9,148
Sq Ft Lot
About This Lot
As of June 2023Build new house here keep rental unit over garage. House is a tear down. Legal non conforming use rental cabin over garage brings in $900 a month income. Handyman Special - Fixer Upper. Two rental cabins on lot very close to marina on lake Minnetonka. Mostly land value. South facing sunny walkout lot across from city park and regional trail. $2,100 cash flow rental income. until you build. Two bedroom main house with full basement, plus 1 bedroom renal unit over double garage. $1,200 + $900 renters want to stay. No interior showings buyers walk around both units outside with advanced appointment. Drive by first, driveway out back-up hill in alley. Walking distance to MTC Bus stop. Several spring park shops just over the bridge, or walk into Mound, Zoned R2 two family. Possible CD with large down. Property will not qualify for standard financing because of condition. Will not last long. Best deal in town.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-723-1000 Listed on: 01/27/2023
Last Buyer's Agent
Coldwell Banker Realty Brokerage Phone: 612-723-1000 Listed on: 01/27/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,571
Lot Details
- Lot Dimensions are 50x173x50x199
- Finished Lot(s)
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2023
Closed on
Jun 28, 2023
Sold by
Oflanagan Mike and Oflanagan Julia
Bought by
2Nd Avenue Investments Llc
Seller's Agent
Paul Larson
Coldwell Banker Realty
Buyer's Agent
Paul Larson
Coldwell Banker Realty
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,537
Avg. Annual Appreciation
10.64%
Original Mortgage
$118,713
Outstanding Balance
$115,664
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$77,873
Purchase Details
Closed on
Sep 8, 1998
Sold by
Bosma Deborah M
Bought by
Oflanagan Michael S and Dawson Julia
Purchase Details
Closed on
Dec 1, 1995
Sold by
Anderst James D
Bought by
Bosma Deborah M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2Nd Avenue Investments Llc | $150,000 | -- | |
| Oflanagan Michael S | $100,000 | -- | |
| Bosma Deborah M | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2Nd Avenue Investments Llc | $118,713 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $150,000 | 0.0% | $137 / Sq Ft | |
| 06/29/2023 06/29/23 | Sold | $150,000 | 0.0% | $137 / Sq Ft | View Prior Sale |
| 06/21/2023 06/21/23 | Pending | -- | -- | -- | |
| 06/21/2023 06/21/23 | Pending | -- | -- | -- | |
| 04/20/2023 04/20/23 | Off Market | $150,000 | -- | -- | |
| 04/20/2023 04/20/23 | Price Changed | $159,000 | +6.0% | $146 / Sq Ft | |
| 04/20/2023 04/20/23 | Off Market | $150,000 | -- | -- | |
| 04/20/2023 04/20/23 | Price Changed | $159,000 | -3.0% | $146 / Sq Ft | |
| 04/15/2023 04/15/23 | Price Changed | $164,000 | -0.6% | $150 / Sq Ft | |
| 04/12/2023 04/12/23 | Price Changed | $165,000 | 0.0% | $151 / Sq Ft | |
| 04/12/2023 04/12/23 | Price Changed | $165,000 | -5.7% | $151 / Sq Ft | |
| 04/03/2023 04/03/23 | Price Changed | $175,000 | 0.0% | $160 / Sq Ft | |
| 04/03/2023 04/03/23 | Price Changed | $175,000 | -5.4% | $160 / Sq Ft | |
| 03/28/2023 03/28/23 | Price Changed | $185,000 | 0.0% | $169 / Sq Ft | |
| 03/28/2023 03/28/23 | Price Changed | $185,000 | -7.0% | $169 / Sq Ft | |
| 03/15/2023 03/15/23 | Price Changed | $199,000 | -7.4% | $182 / Sq Ft | |
| 03/15/2023 03/15/23 | For Sale | $215,000 | +7.6% | $197 / Sq Ft | |
| 01/27/2023 01/27/23 | For Sale | $199,900 | +33.3% | $183 / Sq Ft | |
| 01/02/2023 01/02/23 | Off Market | $150,000 | -- | -- | |
| 12/27/2022 12/27/22 | For Sale | $215,000 | -- | $197 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,293 | $144,500 | $90,000 | $54,500 |
| 2023 | $2,158 | $207,000 | $100,000 | $107,000 |
| 2022 | $5,006 | $261,000 | $85,000 | $176,000 |
| 2021 | $4,676 | $200,000 | $53,000 | $147,000 |
| 2020 | $6,511 | $197,000 | $58,000 | $139,000 |
| 2019 | $4,925 | $181,000 | $53,000 | $128,000 |
| 2018 | $5,269 | $175,000 | $52,000 | $123,000 |
| 2017 | $5,273 | $155,000 | $50,000 | $105,000 |
| 2016 | $5,433 | $148,000 | $45,000 | $103,000 |
| 2015 | $3,871 | $143,000 | $40,000 | $103,000 |
| 2014 | -- | $126,000 | $33,000 | $93,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Larson
Map
Source: NorthstarMLS
MLS Number: 6327356
APN: 13-117-24-44-0081
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