NOT LISTED FOR SALE

24746 Arrowhead Trail Cleveland, MN 56017

Estimated Value: $572,000 - $771,720

0.91 Acre
$752,121 Price per Acre
39,640 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $135,000

Est. 407% increase in value since last sale

Current estimated payment $4,200/month

477 Days on Market

Highlights

  • 195 Feet of Waterfront
  • RV Access or Parking
  • Level Lot
  • Beach Access
  • Landscaped
  • Storage Shed

About This Lot

As of June 2018

SELLER IS LOOKING FOR OFFERS!!! Are you looking for a fantastic lake lot to build your dream home? or bring your RV and ENJOY! Check out 24746 Arrowhead Trail, Cleveland, MN located on the south side of East Jefferson (Big Jeff). Features of this attractive lot are over 195 feet of lake shore, .9 acre lot that has been nicely landscaped, newer culvert to access the property, electric and shared well, stairs down to the lake with two tiered areas. The neighborhood features large lots giving everyone plenty of privacy, blacktop road (super bonus), gravel pad for RV parking, shed. You will also have 1/39th interest in the private lake access that is just down the road from the lot. East Jefferson is a very nice recreational lake- boating, fishing, water sports, bird watching, people watching- it has it all. Lake acres 684, maximum depth 37, Jefferson Lake Chain.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 01/12/2017

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Christine Gerber

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,018

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 135x260 190x263
  • 195 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Beach Access
  • Storage Shed

Utilities

  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number 046500080

Property Details

Property Type

Land

Est. Annual Taxes

$1,018

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Seasonal Recreational
  • Sub Type: Residential
  • Amenities Exterior: Driveway - Gravel, Rv Parking
  • Assessment Balance: 50
  • Assessments: Yes
  • Dnr Lake Id Number: 40009201
  • L V T Date: 01/16/2017
  • Parcel Number: 046500080
  • Street Designation: Trail
  • Taxes With Assessments: 1068
  • Estimated Number of Acres: 0.91
  • Development Status: Subdivided
  • Land Improvements: Paved
  • Restricted To These Builders: See documents upload 1. Agreement and 2. Indenture for additional information on building restrictions.
  • Topography: Level, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 684
  • Lake Chain: Yes
  • Waterfront Name: East Jefferson
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 195
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Electric
  • On Site Utilities: Electric, Shared Well

Lot Info

  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 135x260 190x263

Tax Info

  • Year: 2016
  • Tax Value: 1018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jun 8, 2018
Sold by
Mostaghimi Esmail Esmail
Bought by
Lessman Timothy Timothy and Lessman Bruns N
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Christine Gerber
RE/MAX DYNAMIC AGENTS
List Price
$169,900
Sold Price
$135,000
Premium/Discount to List
-$34,900
-20.54%
Current Estimated Value
$684,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,430
Avg. Annual Appreciation
24.68%
Original Mortgage
$110,000
Outstanding Balance
$95,132
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$589,298
Source: Public Records

Range of Values:

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Average Value
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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
Lessman Timothy Timothy $135,000 --
Lessman Timothy J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lessman Timothy J $110,000
Closed Lessman Timothy Timothy $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $135,000 -9.9% --
05/04/2018 05/04/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $149,900 -9.1% --
01/08/2018 01/08/18 Price Changed $164,900 -2.9% --
07/13/2017 07/13/17 For Sale $169,900 +25.9% --
07/13/2017 07/13/17 Off Market $135,000 -- --
01/12/2017 01/12/17 For Sale $169,900 -- --
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
2025 $6,850 $667,800 $283,700 $384,100
2024 $6,892 $685,400 $297,400 $388,000
2023 $6,528 $665,400 $297,400 $368,000
2022 $3,524 $605,700 $275,100 $330,600
2021 $1,608 $327,700 $225,000 $102,700
2020 $1,616 $151,000 $150,000 $1,000
2019 $1,650 $151,000 $150,000 $1,000
2018 $1,650 $150,300 $149,300 $1,000
2017 $1,294 $150,300 $149,300 $1,000
2016 $1,068 $128,000 $128,000 $0
2015 $1,018 $128,000 $128,000 $0
2014 $1,006 $128,000 $128,000 $0
2013 $956 $128,000 $128,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013502

REALTOR® Association of Southern Minnesota

APN: 04.650.0080