Seller's Agent in 2024
Greg Graczyk
Whitetail Properties Real Estate
(320) 420-5196
60 Total Sales
42703 180th St Glencoe, MN 55336
101
Acres
$4,692
Price per Acre
4,410,014
Sq Ft Lot
About This Lot
As of December 2024Welcome to the shores of Severance Lake! This property is located approx. 5 miles South of Glencoe and/or roughly a half hour west of the SW metro. This property lies on the western shores of the lake and depending on how you measure it, roughly just under a mile of shoreline. The larger wooded area to the north, the wooded, farm site woods, and the wooded lakeshore leading down to the wooded South tip.
The old tillable fields have been restored to a diverse mix of prairie through the MN CREP program. CREP, if you don't know, is a combination of the state Reinvest in MN conservation easement and a one-time sign-up of the federal CRP program. The total CRP acreage is just over 53 acres, with remaining annual payments of $19,230 through Sept. 2034. That's right, approx. Ten years of payments left (the FSA will most likely prorate the FSA 2024 / 2025 payment). The sellers have a proven history of harvesting a variety of wildlife and when touring the property for the first time with the sellers, we ran into 6 roosters simply driving the UTV around. There is an established boat access area right off the farmyard and multiple points and bays to hunt and set up for whatever wind direction. Many parts of "the lake" are large cattail areas, so one not only has early season, but late season cover for chasing roosters all season long. I've personally seen deer on the property and given the size of the overall habitat complex, it doesn't surprise me that this is a destination area for local deer; that should only get better as the crops come off. The farm site is very private and peaceful, located at the dead end of a private driveway shared with the neighbors. The farmhouse has seen some years and is currently utilized as a "hunting shack" but has updated central A/C with a heat pump and furnace. It does, however, also include an updated septic system (mound) and then has the drilled well. There is also a nice sized 60 x 40 quonset shed for storage. For those looking to start fresh and build a new home, it's located again close to the Twin Cities, minutes from Hwy 212, and you have to see the building site to appreciate its setting. There is so much more to say about this unique opportunity, so give me a shout, as I'd love to discuss the details further!
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,084
Lot Details
- Lake Front
- Irregular Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 151802000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Dec 11, 2024
Sold by
Flink Daniel and Flink Shari
Bought by
Borges Andrew and Wieczorek Lindsay
Seller's Agent
Greg Graczyk
Whitetail Properties Real Estate
Buyer's Agent
Greg Graczyk
Whitetail Properties Real Estate
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,796
Purchase Details
Closed on
Feb 22, 2019
Sold by
Curtis L Schuft Est
Bought by
Schuft Kristen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $475,000 | -- | |
| Fiduciary Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $525,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $475,000 | -5.0% | -- |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $500,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,084 | $832,100 | $738,100 | $94,000 |
| 2023 | $4,926 | $779,900 | $692,500 | $87,400 |
| 2022 | $4,900 | $639,100 | $568,900 | $70,200 |
| 2021 | $4,572 | $532,900 | $471,700 | $61,200 |
| 2020 | $4,460 | $518,900 | $457,700 | $61,200 |
| 2019 | $4,514 | $538,400 | $0 | $0 |
| 2018 | $2,126 | $536,400 | $0 | $0 |
| 2017 | $2,264 | $536,400 | $0 | $0 |
| 2016 | $2,386 | $579,500 | $0 | $0 |
| 2015 | $1,868 | $0 | $0 | $0 |
| 2014 | $1,906 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Graczyk
Map
Source: NorthstarMLS
MLS Number: 6631616
APN: 15.1802.000
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