NOT LISTED FOR SALE

2875 108th Ln NE Blaine, MN 55449

Estimated Value: $729,802 - $894,000

0.58 Acre
$1,386,122 Price per Acre
25,265 Sq Ft Lot

Last Sold April 28, 2014

Last sale price $70,000

Est. 1,049% increase in value since last sale

Current estimated payment $4,831/month

1,166 Days on Market

Highlights

  • 0.58 Acre Lot
  • Many Trees
  • Level Lot
  • Agricultural

About This Lot

As of April 2014

This is your chance to live in the prestigious Sanctuary development of Blaine. Wooded over-sized lots up to 2 acres. Prices just drastically reduced. Best lots will go fast. Spring Lake Park school district.

Last Agent to Sell the Property

Paul Ekstrom

Keller Williams Classic Realty Listed on: 02/03/2011

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,381

Lot Details

  • 0.58 Acre Lot
  • Level Lot
  • Many Trees
  • 50 Lots in the community

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 223123210038

Property Details

Property Type

Land

Est. Annual Taxes

$7,381

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 223123210038
  • Projected Closed Date: 04/25/2014
  • Taxes With Assessments: 1
  • Estimated Number of Acres: 0.58
  • Additional Information: Abstract, Platted
  • Development: Yes
  • Development Status: Subdivided
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Soil Type: Sand

Utilities

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

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets
  • Total Lots Available: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2014
Sold by
Regency Homes Inc
Bought by
Arshad Mohammad and Khan Aisha
Current Estimated Value
$803,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,855
Outstanding Balance
$290,340
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$513,611

Purchase Details

Listed on
Feb 3, 2011
Closed on
Apr 28, 2014
Sold by
Gernette Development Inc
Bought by
Regency Homes Inc
Seller's Agent
Paul Ekstrom
Keller Williams Classic Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.67%
Original Mortgage
$60,000
Interest Rate
4.41%
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
Arshad Mohammad $473,569 Liberty Title Inc
Regency Homes Inc $70,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshad Mohammad $378,855
Previous Owner Regency Homes Inc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $70,000 -12.4% --
04/14/2014 04/14/14 Pending -- -- --
02/03/2011 02/03/11 For Sale $79,900 -- --
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
2025 $7,381 $664,900 $135,300 $529,600
2024 $7,381 $634,700 $121,800 $512,900
2023 $6,417 $611,200 $107,300 $503,900
2022 $6,305 $611,600 $99,000 $512,600
2021 $6,018 $528,500 $72,000 $456,500
2020 $6,333 $501,200 $70,000 $431,200
2019 $6,096 $502,300 $63,000 $439,300
2018 $6,459 $470,200 $0 $0
2017 $5,724 $480,800 $0 $0
2016 $6,011 $432,600 $0 $0
2015 $755 $432,600 $96,800 $335,800
2014 -- $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3528453

REALTOR® Association of Southern Minnesota

APN: 22-31-23-21-0038