NOT LISTED FOR SALE

25980 Smithtown Rd Shorewood, MN 55331

Estimated Value: $700,000 - $772,000

3.61 Acres
$203,878 Price per Acre
157,252 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $875,000

Est. 16% decrease in value since last sale

Current estimated payment $4,112/month

15 Days on Market

About This Lot

As of March 2024

ATTENTION Builders or developers – Hard to find 3.6 acres with Minnetonka schools that can be split into numerous lots in Shorewood.1 parcel on Smithtown Road and 2 parcels on Wild Rose Lane. Close to trail, Crescent Beach, Historic Excelsior and Minnewashta Elementary school. 1st time offered in Over 100 years – property being Sold in AS IS condition and AS IS addendum required with all offers. NO access to the old houses on the property – PLEASE do not walk the property without an Approved Appt through Showingtime! Survey and soil tests are attached on Northstar MLS as supplements too. See AGENT remarks on MLS for additional information.

Last Agent to Sell the Property

joel hentges

RE/MAX Advantage Plus Listed on: 02/01/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Colleen Johnson

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,450

Lot Details

  • Lot Dimensions are 178x827x920x226
  • Additional Parcels

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3211723140053

Property Details

Property Type

Land

Est. Annual Taxes

$6,450

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,For Sale Sign,Soil Test Available,Survey

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Electricity Available, Natural Gas Available, Private Well Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Topography: Level
  • Lot Size: 178x827x920x226
  • Land Lease: No
  • Additional Parcels Description: 3211723140013,3211723140052
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3211723140053
  • Tax Annual Amount: 6450
  • TaxWithAssessments: 6450.0000
  • TaxableAcres: 3.610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 5, 2024
Sold by
Peck Elizabeth Marilyn
Bought by
Colson Custom Homes Llc
Seller's Agent
joel hentges
RE/MAX Advantage Plus
Buyer's Agent
Colleen Johnson
RE/MAX Advantage Plus
List Price
$898,000
Sold Price
$875,000
Premium/Discount to List
-$23,000
-2.56%
Views
19
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,000
Avg. Annual Appreciation
-10.82%
Original Mortgage
$486,000
Interest Rate
5.96%
Mortgage Type
Construction
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
Colson Custom Homes Llc $875,000 Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Colson Custom Homes Llc $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $875,000 -2.6% --
02/16/2024 02/16/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $898,000 -- --
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 $2,283 $204,000 $204,000 $0
2022 $1,808 $159,000 $159,000 $0
2021 $1,504 $142,000 $142,000 $0
2020 $1,578 $117,000 $117,000 $0
2019 $1,588 $117,000 $117,000 $0
2018 $1,586 $117,000 $117,000 $0
2017 $1,469 $107,000 $107,000 $0
2016 $1,733 $124,000 $124,000 $0
2015 $1,444 $103,000 $103,000 $0
2014 -- $98,000 $98,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6481466

NorthstarMLS

APN: 32-117-23-14-0053