NOT LISTED FOR SALE

Estimated Value: $166,243 - $236,000

0.32 Acre
$578,316 Price per Acre
13,939 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $159,000

Est. 16% increase in value since last sale

Current estimated payment $1,159/month

126 Days on Market

About This Lot

As of March 2024

This buildable lot is one of only a handful in Bloomington. The houses across from the lot are million dollar homes. This is a very exclusive part of Bloomington. The lot is on a 30 degree slop so a retaining wall will have to be built to some degree. The view from the top floor of the house will be spectacular. You will need a builder, but I have plenty of builders you can work with. The lot is wooded.
Seller lives 4 houses from the lot and have owned it for over 35 years. They used to own the house next to the lot but moved 3 houses up the street on Nine Oaks Circle. It is 12 minutes from the airport. Only 8 minutes from the Mall of America and 4 minutes from France Ave and Hwy 494 in a very quite upscale neighborhood. Seller is willing to sell the lot on a Contract for Deed with at least 10% down and 8% interest and a balloon in 2 years.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 11/13/2023

Last Buyer's Agent

Christian Beltran

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,051

Lot Details

  • Lot Dimensions are 105x132x105x132
  • Few Trees

Community Details

  • No Home Owners Association
  • Southmore Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0702724310034

Property Details

Property Type

Land

Est. Annual Taxes

$3,051

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Storm Sewer
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Bloomington
  • SchoolDistrictPhone: 952-681-6400

Lot Info

  • Topography: Sloped
  • Lot Size: 105x132x105x132
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0702724310034
  • Tax Annual Amount: 3051
  • TaxWithAssessments: 3051.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Mar 29, 2024
Sold by
Tschohl John and Tschohl Patricia
Bought by
Norman Delaram
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
Christian Beltran
Keller Williams Realty Integrity Lakes
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%
Views
124
Current Estimated Value
$185,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,061
Avg. Annual Appreciation
10.08%
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
Norman Delaram $159,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $159,000 0.0% --
03/18/2024 03/18/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $159,000 -3.6% --
11/13/2023 11/13/23 For Sale $165,000 -- --
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
2024 $2,279 $144,300 $144,300 --
2023 $2,191 $150,000 $150,000 $0
2022 $3,051 $163,300 $163,300 $0
2021 $2,929 $195,200 $195,200 $0
2020 $3,012 $189,700 $189,700 $0
2019 $2,663 $189,700 $189,700 $0
2018 $2,638 $164,500 $164,500 $0
2017 $2,540 $153,200 $153,200 $0
2016 $2,221 $136,900 $136,900 $0
2015 $2,119 $131,800 $131,800 $0
2014 -- $127,800 $127,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6459340

NorthstarMLS

APN: 07-027-24-31-0034