NOT LISTED FOR SALE

2172 Homestead Trail Long Lake, MN 55356

Estimated Value: $2,969,000 - $3,107,267

5 Beds
4 Baths
-- Sq Ft
21.81 Acres

Last Sold December 01, 2014

Last sale price $700,000

Est. 333% increase in value since last sale

Current estimated payment $18,169/month

360 Days on Market

Highlights

  • 21.81 Acre Lot
  • Hilly Lot
  • Horse Farm
  • Schumann Elementary School Rated A-
  • Landscaped with Trees
  • Partially Fenced Property

About This Home

As of December 2014

SPECTACULAR SECLUDED COUNTRY ESTATE PROPERTY! IDEAL FOR NEW HOME & HORSE FACILITY OR? HILLTOP OR SECLUDED BUILDING SITES,LONG 1/4 MILE DRIVE INTO THE PROPERTY. ACROSS FROM BAKER PARK. PERFECT SETTING FOR COUNTRY ESTATE. CONTRACT FOR DEED TERMS.

Last Agent to Sell the Property

Robert Ritter

RE/MAX Results Listed on: 11/15/2013

Last Buyer's Agent

Catherine Seck

Edina Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,466

Lot Details

  • 21.81 Acre Lot
  • Partially Fenced Property
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Landscaped with Trees

Home Design

  • Farm

Additional Features

  • Horse Farm
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 2011823140003

Property Details

Property Type

Other

Est. Annual Taxes

$15,466

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Nonhomestead
  • Sub Type: Farm
  • Amenities Exterior: Fenced Yard - Partial
  • Assessments: Unknown
  • Parcel Number: 2011823140003
  • Projected Closed Date: 01/12/2015
  • Street Designation: Trail
  • Taxes With Assessments: 15466
  • Estimated Number of Acres: 21.81
  • Topography: Hilly, Solar Oriented, Walkout, Rolling
  • Farm Type: Horse
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Frontage Road: City, Paved

Schools

  • School District: Orono #278

Lot Info

  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium, Paved Streets, Telephone

Tax Info

  • Year: 2013
  • Tax Value: 15466

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Kathryn Krie Amy
Bought by
Stevens Allan J and Stevens Lindsey L
Current Estimated Value
$3,032,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Outstanding Balance
$1,672,877
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$1,359,545

Purchase Details

Closed on
Sep 19, 2019
Sold by
Cheney Brad S
Bought by
Houge Nick A and Krie Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Parkview Equestrian Llc
Bought by
Cheney Brad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,299,850
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 1, 2014
Sold by
Parkview Equestrian Llc
Bought by
Cheney Brad
Seller's Agent
Robert Ritter
RE/MAX Results
Buyer's Agent
Catherine Seck
Edina Realty, Inc.
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
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
Stevens Allan J $2,300,000 New Title Company Name
Houge Nick A $1,600,000 Custom Home Builders Title
Cheney Brad S $700,000 Custom Home Builders Title L
Cheney Brad $700,000 Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Allan J $1,840,000
Previous Owner Houge Nick A $1,280,000
Previous Owner Cheney Brad S $1,299,850
Closed Cheney Brad $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $700,000 -17.6% --
11/10/2014 11/10/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $850,000 -- --
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 $27,564 $2,327,600 $851,000 $1,476,600
2023 $25,400 $2,233,900 $758,000 $1,475,900
2022 $20,784 $1,772,000 $758,000 $1,014,000
2021 $20,280 $1,617,000 $690,000 $927,000
2020 $24,429 $1,586,000 $690,000 $896,000
2019 $26,070 $1,816,000 $783,000 $1,033,000
2018 $28,531 $1,918,000 $783,000 $1,135,000
2017 $29,102 $2,062,000 $784,000 $1,278,000
2016 $10,133 $685,000 $685,000 $0
2015 $15,477 $1,045,000 $1,045,000 $0
2014 -- $1,045,000 $1,045,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Ritter

    RE/MAX

  • C

    Buyer's Agent in 2014

    Catherine Seck

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4559948

REALTOR® Association of Southern Minnesota

APN: 20-118-23-14-0003

Minnesota Hennepin County Long Lake 55356

2172 Homestead Trail, Long Lake, MN

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