NOT LISTED FOR SALE

27750 Virginia Cove Excelsior, MN 55331

Estimated Value: $1,676,000 - $2,061,000

1.37 Acres
$1,313,189 Price per Acre
59,677 Sq Ft Lot

Last Sold April 22, 2013

Last sale price $235,000

Est. 666% increase in value since last sale

Current estimated payment $11,188/month

10 Days on Market

Highlights

  • 1.37 Acre Lot
  • Cul-De-Sac
  • Many Trees
  • Minnewashta Elementary School Rated A
  • Agricultural
  • Lot Has A Rolling Slope

About This Lot

As of April 2013

Excellent, heavily wooded, executive, walk out lot surrounded by million dollar plus homes. Quiet neighborhood. Seller has detailed plans and site elevations that can be shared.

Last Agent to Sell the Property

Nick Leyendecker

Coldwell Banker Burnet Listed on: 03/18/2013

Last Buyer's Agent

Nita Morlock

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,241

Lot Details

  • 1.37 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3111723430021

Property Details

Property Type

Land

Est. Annual Taxes

$20,241

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 3111723430021
  • Estimated Number of Acres: 1.37
  • Additional Information: Easements, Platted, Survey, Survey Stakes, Torrens
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Dead End/No Outlet, Paved
  • Topography: Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 22, 2013
Sold by
Pajor Scott R and Pajor Debra
Bought by
Morlock Homes Inc
Seller's Agent
Nick Leyendecker
Coldwell Banker Burnet
Buyer's Agent
Nita Morlock
Coldwell Banker Burnet
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$1,799,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,564,069
Avg. Annual Appreciation
17.55%
Original Mortgage
$172,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2013
Sold by
Morlock Homes Inc
Bought by
Zaebst Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,637
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2008
Sold by
Virginia Shores Development Llc
Bought by
Pajor Scott R
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
Morlock Homes Inc $228,088 Burnet Title
Zaebst Mark L $980,635 Entitle Inc
Pajor Scott R $439,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morlock Homes Inc $172,000
Previous Owner Zaebst Mark L $980,637
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2013 04/22/13 Sold $235,000 -2.0% --
03/28/2013 03/28/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $239,900 -- --
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 $20,241 $1,536,900 $294,000 $1,242,900
2023 $19,235 $1,528,700 $277,000 $1,251,700
2022 $16,686 $1,360,000 $220,000 $1,140,000
2021 $15,577 $1,182,000 $242,000 $940,000
2020 $16,496 $1,100,000 $182,000 $918,000
2019 $16,087 $1,109,000 $182,000 $927,000
2018 $15,146 $1,077,000 $200,000 $877,000
2017 $15,666 $1,036,000 $257,000 $779,000
2016 $16,321 $1,058,000 $351,000 $707,000
2015 $14,143 $923,000 $216,000 $707,000
2014 -- $240,000 $240,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nick Leyendecker

    Coldwell Banker Burnet

  • N

    Buyer's Agent in 2013

    Nita Morlock

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4453553

REALTOR® Association of Southern Minnesota

APN: 31-117-23-43-0021

Minnesota Hennepin County Excelsior 55331

27750 Virginia Cove, Excelsior, MN

Not Listed for Sale

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