NOT LISTED FOR SALE

Estimated Value: $799,000 - $913,088

0.12 Acre
$7,160,600 Price per Acre
5,227 Sq Ft Lot

Last Sold June 27, 2014

Last sale price $70,000 $24 Per Sq Ft

Est. 1,128% increase in value since last sale

Current estimated payment $5,520/month

350 Days on Market

About This Lot

As of June 2014

IN THE SAME FAMILY FOR 50 YEARS! RARE OPPORTUNITY TO BUILD THE HOME OF YOUR DREAMS. NO DEMOLITION COSTS. PLATTED LOTS. QUIET DEAD END STREET. CALL FOR PLATS/INFO.

Last Agent to Sell the Property

John Parker

Coldwell Banker Burnet Listed on: 08/31/2012

Last Buyer's Agent

Curt Fretham

Lakewest Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,519

Year Built

  • 2014

Lot Details

  • 5,227 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2902924120095

Property Details

Property Type

Land

Est. Annual Taxes

$11,519

Year Built

2014

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessment Balance: 1587.6
  • Assessments: Yes
  • Parcel Number: 2902924120095
  • Projected Closed Date: 12/31/2015
  • Taxes With Assessments: 1226.42
  • Estimated Number of Acres: 0.12
  • Additional Information: Platted, Survey, Survey Stakes
  • Development Status: Raw Land
  • Land Improvements: Curbs/Gutters, Dead End/No Outlet, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2014

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
American Land Capital Llc
Bought by
Vrieze Scott and Vrieze Danielle
Total Days on Market
350
Current Estimated Value
$859,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Outstanding Balance
$359,844
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$499,428

Purchase Details

Listed on
Aug 31, 2012
Closed on
Jun 27, 2014
Sold by
Lake West Development Llc
Bought by
A K A R E Companies Llc
Seller's Agent
John Parker
Coldwell Banker Burnet
Buyer's Agent
Curt Fretham
Lakewest Realty, LLC
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.79%
Original Mortgage
$170,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
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
Vrieze Scott $580,000 Edgewater Title Group Llc
A K A R E Companies Llc $170,000 Custom Home Bldrs Title Llc
Lake West Development Llc $70,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vrieze Scott $424,100
Previous Owner A K A R E Companies Llc $45,163
Previous Owner A K A R E Companies Llc $5,000
Previous Owner A K A R E Companies Llc $160,000
Previous Owner A K A R E Companies Llc $170,000
Previous Owner R E S Of Hartford Ct Llc $10,000
Previous Owner Res & Of Hartford Ct Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $70,000 -44.0% $24 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $125,000 -- $43 / 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
2023 $11,519 $815,000 $246,000 $569,000
2022 $10,539 $751,000 $201,000 $550,000
2021 $8,897 $715,000 $150,000 $565,000
2020 $9,634 $637,500 $94,600 $542,900
2019 $9,911 $637,500 $94,600 $542,900
2018 $9,736 $637,500 $94,600 $542,900
2017 $1,331 $87,000 $86,000 $1,000
2016 $1,650 $86,000 $86,000 $0
2015 $867 $43,100 $43,100 $0
2014 -- $35,900 $35,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4394012

REALTOR® Association of Southern Minnesota

APN: 29-029-24-12-0095