NOT LISTED FOR SALE

25965 Smithtown Rd Excelsior, MN 55331

Estimated Value: $805,000 - $929,337

0.47 Acre
$1,831,030 Price per Acre
20,473 Sq Ft Lot

Last Sold September 04, 2013

Last sale price $98,000

Est. 778% increase in value since last sale

Current estimated payment $5,210/month

247 Days on Market

Highlights

  • Agricultural
  • Many Trees
  • Level Lot
  • Minnewashta Elementary School Rated A

About This Lot

As of September 2013

Treed 1/2 acre located about 1 mile west of manitou Rd. Minnetonka schools, close to Freeman Park. Open to all builders. City sew and water in street.

Last Agent to Sell the Property

Jim Love

Edina Realty, Inc. Listed on: 11/28/2012

Last Buyer's Agent

David Berens

David Berens & Company

Property Details

Property Type

  • Land

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Irregular Lot
  • Many Trees

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3211723140050

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 3211723140050
  • Street Designation: Road
  • Estimated Number of Acres: 0.47
  • Additional Information: Platted, Survey, Survey Stakes, Torrens
  • Development Status: Subdivided
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2015
Sold by
Brand/Anderson Homes Inc
Bought by
Johnston Patrick and Johnston Jenna
Current Estimated Value
$860,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$297,877
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$562,707

Purchase Details

Listed on
Nov 28, 2012
Closed on
Aug 30, 2013
Sold by
Neitge James C
Bought by
Zakariasen James W and Zakariasen Ruth A
Seller's Agent
Jim Love
Edina Realty, Inc.
Buyer's Agent
David Berens
David Berens & Company
List Price
$118,900
Sold Price
$98,000
Premium/Discount to List
-$20,900
-17.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.29%

Purchase Details

Listed on
Nov 28, 2012
Closed on
Aug 22, 2013
Sold by
Zakariasen Ruth A and Zakarisen James W
Bought by
Brandl/Anderson Home Inc
Seller's Agent
Jim Love
Edina Realty, Inc.
Buyer's Agent
David Berens
David Berens & Company
List Price
$118,900
Sold Price
$98,000
Premium/Discount to List
-$20,900
-17.58%

Purchase Details

Closed on
Sep 4, 2009
Sold by
Neitge James C
Bought by
Zakariasen James W and Zakariasen Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnston Patrick $410,000 Land Title Inc
Zakariasen James W $65,000 Lti
Brandl/Anderson Home Inc $98,000 Land Title Inc
Zakariasen James W $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Patrick $389,500
Previous Owner Zakariasen James W $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $98,000 -17.6% --
08/02/2013 08/02/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $118,900 -- --
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
2024 $8,412 $685,300 $173,400 $511,900
2023 $8,049 $685,000 $173,400 $511,600
2022 $6,123 $614,000 $135,000 $479,000
2021 $5,796 $481,000 $121,000 $360,000
2020 $5,935 $451,000 $100,000 $351,000
2019 $5,810 $440,000 $100,000 $340,000
2018 $5,525 $428,000 $100,000 $328,000
2017 $5,627 $410,000 $101,000 $309,000
2016 $5,458 $392,000 $81,000 $311,000
2015 $1,130 $67,000 $67,000 $0
2014 -- $64,000 $64,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Love

    Edina Realty, Inc.

  • D

    Buyer's Agent in 2013

    David Berens

    David Berens & Company

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4420847

REALTOR® Association of Southern Minnesota

APN: 32-117-23-14-0050

Minnesota Hennepin County Excelsior 55331

25965 Smithtown Rd, Excelsior, MN

Not Listed for Sale

Lots

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