NOT LISTED FOR SALE

Estimated Value: $2,143,000 - $3,695,000

0.91 Acre
$3,247,095 Price per Acre
39,640 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $470,000

Est. 529% increase in value since last sale

Current estimated payment $19,727/month

58 Days on Market

About This Lot

As of June 2020

A perfect site for your private oasis! At the end of a 130 foot private driveway, sits this untamed building site with soaring trees for your privacy and a level building pad with ultimate flexibility for a sprawling courtyard type plan surrounding a pool or a simple traditional footprint - the choice is yours. With almost an acre, the house can be sited in numerous ways to maximize the privacy, pool setting, yard, sun exposure, and landscaping / gardens. Trees have been cleared to help visualize how your dream home might fit right into this stunning setting with a classic Deephaven feel. Custom plans with renderings available, designed specifically for this site, or start from scratch with your own version of perfection. Quiet dead end neighborhood with easy access to highways, shopping, restaurants and parks plus Lake Minnetonka's beaches and marinas.

Last Listed By

Gary Peterson

Coldwell Banker Realty Listed on: 04/08/2020

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,979

Year Built

  • 2021

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 200x200x200x200
  • Few Trees
  • Finished Lot(s)

Community Details

  • Olivers Hillcrest Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1911722120038

Property Details

Property Type

Land

Est. Annual Taxes

$3,979

Year Built

2021

Lot Details

0

Listing Details

  • Type: Lots & Land
  • Development Status: Finished Lot(s)
  • Restrict To Builders: Open
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 9091
  • Development Y N: No
  • Improvement Type: Paved Streets, Public Road
  • Inclusions Type: Easements, Platted
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1911722120038
  • Plat Recorded Y N: Yes
  • Property Sub Type Additional: Residential Lot
  • Rental License: No
  • Restrictions Type: Easements
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Fireplace: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Topography: High Ground, Level
  • Waterfront YN: No
  • Assessment Pending: Unknown
  • Lot Size: 200x200x200x200
  • Homestead: No
  • Lot Features: Tree Coverage - Heavy, Tree Coverage - Light, Tree Coverage - Medium
  • Lot Size Acres: 0.9100
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: LOT 002 BLOCK 001 OLIVERS HILLCREST ADDN
  • Tax Amount: 3978.56
  • Tax Year: 2020
  • Tax With Assessments: 3978.56
  • Assessor Parcel Number: 1911722120038

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jun 2, 2020
Sold by
Aspect Design Build Llc
Bought by
Wetterling Mark and Wetterling Kerry
Seller's Agent
Gary Peterson
Coldwell Banker Realty
Buyer's Agent
Heidi Nephew
Orange House Realty LLC
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Total Days on Market
58
Current Estimated Value
$2,954,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,484,856
Avg. Annual Appreciation
45.31%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 8, 2018
Sold by
Oliver Edward C and Oliver Charlotte
Bought by
Aspect Design Build Llc
Seller's Agent
Zinn Family Realtors
Coldwell Banker Realty
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Commercial

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
Wetterling Mark $470,000 Burnet Title
Aspect Design Build Llc $380,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetterling Mark $1,693,000
Previous Owner Aspect Design Build Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $470,000 -6.0% --
04/08/2020 04/08/20 For Sale $499,900 +31.6% --
08/08/2018 08/08/18 Sold $380,000 -5.0% --
07/23/2018 07/23/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $400,000 -- --
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 $40,143 $3,277,700 $472,500 $2,805,200
2022 $3,987 $1,878,000 $378,000 $1,500,000
2021 $3,863 $337,000 $297,000 $40,000
2020 $3,979 $276,000 $276,000 $0
2019 $3,955 $273,000 $273,000 $0
2018 $3,984 $273,000 $273,000 $0
2017 $4,021 $273,000 $273,000 $0
2016 $4,197 $280,000 $280,000 $0
2015 $2,966 $195,000 $195,000 $0
2014 -- $162,000 $162,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: NorthstarMLS

MLS Number: NST5550459

NorthstarMLS

APN: 19-117-22-12-0038