NOT LISTED FOR SALE

Estimated Value: $662,000 - $797,000

1.27 Acres
$570,555 Price per Acre
55,321 Sq Ft Lot

Last Sold December 12, 2012

Last sale price $36,000 $16 Per Sq Ft

Est. 1,913% increase in value since last sale

Current estimated payment $3,847/month

993 Days on Market

Highlights

  • Agricultural
  • Many Trees
  • Lot Has A Rolling Slope
  • River Falls High School Rated 9+

About This Lot

As of December 2012

Bank owned and priced to sell!! Beautiful 1+ acre building sites. Build the home of your dreams with the builder of your choice.

Last Agent to Sell the Property

Luke Steele

Edina Realty, Inc. Listed on: 03/15/2010

Co-Listed By

Nanci Johnson

Edina Realty, Inc.

Last Buyer's Agent

Nanci Johnson

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $56

Lot Details

  • 1.27 Acre Lot
  • Lot Has A Rolling Slope
  • Many Trees
  • 62 Lots in the community

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 040130300027

Property Details

Property Type

Land

Est. Annual Taxes

$56

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 040130300027
  • Projected Closed Date: 12/12/2012
  • Street Designation: Way
  • Taxes With Assessments: 667.34
  • Estimated Number of Acres: 1.27
  • Additional Information: Perk Test, Soil Test Available, Survey
  • Development: Yes
  • Development Status: Raw Land
  • Topography: Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Electric

Schools

  • School District: River Falls (WI) #4893

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets
  • Total Lots Available: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Raebel Derek L and Raebel Beth A
Bought by
Mcnamara Michael and Zapata-Mcnamara Megan
Current Estimated Value
$724,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$385,066
Interest Rate
2.96%
Mortgage Type
Construction
Estimated Equity
$339,539

Purchase Details

Closed on
Jun 10, 2019
Sold by
Carpenter Christopher L and Carpenter Andrea R
Bought by
Raebel Derek L and Raebel Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,120
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 9, 2013
Sold by
Westview Construction Inc
Bought by
Carpenter Christopher L and Carpenter Andrea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,292
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2010
Closed on
Dec 12, 2012
Sold by
Citizens State Bank
Bought by
Westview Construction Inc
Seller's Agent
Luke Steele
Edina Realty, Inc.
Buyer's Agent
Nanci Johnson
Edina Realty, Inc.
List Price
$59,900
Sold Price
$36,000
Premium/Discount to List
-$23,900
-39.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.36%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Brightkeys Development Corporation
Bought by
Citizens State Bank
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
Mcnamara Michael $530,000 Results Title
Raebel Derek L $458,900 Results Title
Carpenter Christopher L $302,500 None Available
Westview Construction Inc $36,000 Title One
Citizens State Bank $4,095,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Michael $424,000
Previous Owner Raebel Derek L $367,120
Previous Owner Carpenter Christopher L $287,292
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $36,000 -39.9% $16 / Sq Ft
12/02/2012 12/02/12 Pending -- -- --
03/15/2010 03/15/10 For Sale $59,900 -- $27 / Sq Ft
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 $56 $550,200 $87,600 $462,600
2023 $5,445 $550,200 $87,600 $462,600
2022 $4,889 $550,200 $87,600 $462,600
2021 $4,912 $350,800 $52,500 $298,300
2020 $4,456 $350,800 $52,500 $298,300
2019 $4,248 $307,200 $52,500 $254,700
2018 $4,198 $307,200 $52,500 $254,700
2017 $4,134 $307,200 $52,500 $254,700
2016 $4,134 $307,200 $52,500 $254,700
2015 $4,456 $307,200 $52,500 $254,700
2014 $4,170 $307,200 $52,500 $254,700
2013 $1,089 $78,500 $52,500 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3495438

REALTOR® Association of Southern Minnesota

APN: 040-1303-00-027