NOT LISTED FOR SALE

2464 E Medicine Lake Blvd Plymouth, MN 55441

Estimated Value: $374,000 - $531,000

0.38 Acre
$1,190,789 Price per Acre
16,553 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $510,000

Est. 11% decrease in value since last sale

Current estimated payment $2,742/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • No HOA

About This Lot

As of May 2023

This is an estate sale. Build your dream home w/ Medicine Lake dock access. Your Medicine Lake views will be incredible. Home sits on 2 lots which we believe must be built as 1 homesite when the home is torn down- see city correspondence. Existing garage on East Medicine Lake Blvd can be rebuilt but only within a certain timeline. There is only 1 dock allowed on Medicine Lake w/ this site. Home sold "As Is". Home is connected to well water & city sewer. Buyer assumes any & all responsibility for capping of well- which may have to happen prior to closing- & future water hookup. The supplements contain information about the site & correspondence from the city. Buyers will need to read & review all supplements & speak with the city planner regarding what can be rebuilt- set-backs, impervious surface coverage, grandfathered possibility for garage structure on East Medicine Lake Blvd. Do your due diligence directly w/ the city.Any offers will be reviewed by the seller on 4/23/2023 at 7pm

Last Agent to Sell the Property

John Mazzara

RE/MAX Results Listed on: 04/17/2023

RE/MAX Results

Last Buyer's Agent

Paulette Carroll

Keller Williams Classic Realty

Keller Williams Classic Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,252

Lot Details

  • Lot Dimensions are 84x200
  • Finished Lot(s)
  • Additional Parcels

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 2511822120034

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights
  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,252

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Medicine
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract

Exterior Features

  • View: Lake
  • Lake Acres: 924
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 40+

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Robbinsdale
  • SchoolDistrictNumber: 281
  • SchoolDistrictPhone: 763-504-8000

Lot Info

  • Topography: High Ground,Sloped
  • Waterfront YN: No
  • Lot Size: 84x200
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels Description: 2511822120033
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511822120034
  • Tax Annual Amount: 5252
  • TaxWithAssessments: 5252.0000

Multi Family

  • WaterfrontFeatures: Deeded Access, Dock, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 3, 2023
Sold by
Estate Of Richard G Gilbertson
Bought by
Demuth Timothy and Demuth Laurene
Seller's Agent
John Mazzara
RE/MAX Results
Buyer's Agent
Paulette Carroll
Keller Williams Classic Realty
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Views
10
Current Estimated Value
$452,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,500
Avg. Annual Appreciation
-7.96%

Purchase Details

Closed on
May 3, 2020
Sold by
Gilbertson Richard G
Bought by
Demuth Timothy and Demuth Laurene
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
Demuth Timothy $510,000 --
Demuth Timothy $510,000 All American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $510,000 +2.0% --
04/24/2023 04/24/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $499,900 -- --
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
2023 $3,325 $293,300 $159,500 $133,800
2022 $3,300 $296,000 $154,000 $142,000
2021 $3,276 $268,000 $138,000 $130,000
2020 $3,368 $266,000 $129,000 $137,000
2019 $3,657 $263,000 $124,000 $139,000
2018 $3,600 $272,000 $193,000 $79,000
2017 $3,444 $249,000 $177,000 $72,000
2016 $3,246 $222,000 $158,000 $64,000
2015 $3,453 $233,700 $166,600 $67,100
2014 -- $231,800 $141,600 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6356060

NorthstarMLS

APN: 25-118-22-12-0033