NOT LISTED FOR SALE

27045 Long Ridge Dr Elko New Market, MN 55020

Estimated Value: $510,000 - $562,000

0.3 Acre
$1,779,850 Price per Acre
13,068 Sq Ft Lot

Last Sold September 28, 2012

Last sale price $40,000 $25 Per Sq Ft

Est. 1,183% increase in value since last sale

Current estimated payment $3,324/month

109 Days on Market

Highlights

  • On Golf Course
  • Mcguire Middle School Rated A-
  • Agricultural

About This Lot

As of September 2012

Nice Walkout Home site with a pond and a view of the Golf Course.

Last Agent to Sell the Property

Steven Meillier

RES Realty Listed on: 05/06/2012

Last Buyer's Agent

Wendy Wolter

Chase & Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,112

Lot Details

  • 0.3 Acre Lot
  • On Golf Course
  • Sloped Lot
  • Finished Lot(s)

HOA Fees

  • $5 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include management, building insurance

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 230480050

Property Details

Property Type

Land

Est. Annual Taxes

$6,112

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 230480050
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/11/2012
  • Taxes With Assessments: 656
  • Estimated Number of Acres: 0.3
  • Additional Information: Easements, Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Sloped, Walkout
  • Special Features: 12
  • Property Sub Type: LotsLands

Exterior Features

  • Soil Type: Sand

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Building Insurance
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 60

Schools

  • School District: Lakeville #194

Lot Info

  • Lot/Land Description: On Golf Course

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Baynes Kyle and Baynes Ellen
Bought by
Emond Garrett J and Schiller Heather L
Current Estimated Value
$513,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2013
Sold by
K Michael Homes Llc
Bought by
Baynes Kyle and Baynes Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Metro Land Llc
Bought by
K Michael Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.39%
Mortgage Type
Construction

Purchase Details

Listed on
May 6, 2012
Closed on
Sep 25, 2012
Sold by
Mcdonald Construction Inc
Bought by
Metro Land Llc
Seller's Agent
Steven Meillier
RES Realty
Buyer's Agent
Wendy Wolter
Chase & Associates Inc
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.78%
Original Mortgage
$130,000
Interest Rate
3.57%
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
Emond Garrett J $352,000 First American Title
Baynes Kyle $318,245 None Available
K Michael Homes Llc $55,900 Land Title Inc
Metro Land Llc $130,000 Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emond Garrett J $60,000
Open Emond Garrett J $320,000
Closed Emond Garrett J $334,400
Previous Owner Baynes Kyle $240,000
Previous Owner K Michael Homes Llc $150,000
Previous Owner Metro Land Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $40,000 -42.8% $25 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
05/06/2012 05/06/12 For Sale $69,900 -- $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
2025 $6,112 $496,100 $106,100 $390,000
2024 $6,286 $466,200 $106,100 $360,100
2023 $5,794 $470,300 $108,200 $362,100
2022 $5,154 $456,300 $94,100 $362,200
2021 $4,926 $366,300 $76,000 $290,300
2020 $5,174 $351,000 $63,000 $288,000
2019 $4,876 $354,300 $67,800 $286,500
2018 $4,630 $0 $0 $0
2016 $4,138 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3535792

REALTOR® Association of Southern Minnesota

APN: 23-048-005-0