NOT LISTED FOR SALE

463 Marcella Ln Somerset, WI 54025

Estimated Value: $350,000 - $366,000

0.26 Acre
$1,368,362 Price per Acre
11,326 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $7,000 $4 Per Sq Ft

Est. 4,982% increase in value since last sale

Current estimated payment $1,875/month

124 Days on Market

About This Lot

As of August 2013

Welcome to the neighborhood of Whispering Pines North, offering single family & twin home lots at affordable prices! Great location & community setting w/many sites to choose from. Builders and investors welcome!

Last Agent to Sell the Property

Mark Johnson

Edina Realty, Inc. Listed on: 01/17/2013

Co-Listed By

Patrice Wernlund

Edina Realty, Inc.

Last Buyer's Agent

Earl Mielke

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Few Trees
  • 65 Lots in the community
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 181410800060

Property Details

Property Type

Land

Est. Annual Taxes

$39

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 181410800060
  • Projected Closed Date: 08/30/2013
  • Street Designation: Lane
  • Taxes With Assessments: 510.9
  • Estimated Number of Acres: 0.26
  • Additional Information: Platted
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Paved Streets
  • Total Lots Available: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Preferred Builders Inc
Bought by
Reese Derek
Current Estimated Value
$355,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,673
Outstanding Balance
$133,749
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$222,025

Purchase Details

Listed on
Jan 17, 2013
Closed on
Aug 26, 2013
Sold by
Central Bank
Bought by
Citywide Development Inc
Seller's Agent
Mark Johnson
Edina Realty, Inc.
Buyer's Agent
Earl Mielke
Coldwell Banker Burnet
List Price
$9,900
Sold Price
$7,000
Premium/Discount to List
-$2,900
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.13%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Collova Patrick C and Collova Laurie J
Bought by
The Riverbank
Source: Public Records

Range of Values:

Collateral Analytics

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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
Reese Derek -- Land Title Inc
Preferred Builders Inc -- Land Title Inc
Kociscak A P -- Land Title Inc
Citywide Development Inc $200,000 St Croix County Abstract & T
The Riverbank $1,068,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Derek $166,673
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $7,000 -29.3% $4 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $9,900 -- $6 / 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
2024 $39 $224,000 $29,500 $194,500
2023 $3,691 $224,000 $29,500 $194,500
2022 $3,601 $224,000 $29,500 $194,500
2021 $3,639 $224,000 $29,500 $194,500
2020 $3,479 $224,000 $29,500 $194,500
2019 $3,676 $147,400 $20,500 $126,900
2018 $3,444 $147,400 $20,500 $126,900
2017 $3,374 $147,400 $20,500 $126,900
2016 $3,374 $147,400 $20,500 $126,900
2015 $490 $20,500 $20,500 $0
2014 $482 $20,500 $20,500 $0
2013 $485 $20,500 $20,500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Johnson

    Edina Realty, Inc.

  • P

    Seller Co-Listing Agent in 2013

    Patrice Wernlund

    Edina Realty, Inc.

  • E

    Buyer's Agent in 2013

    Earl Mielke

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4432020

REALTOR® Association of Southern Minnesota

APN: 181-4113-00-060

Wisconsin St Croix County Somerset 54025

463 Marcella Ln, Somerset, WI

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