NOT LISTED FOR SALE

Estimated Value: $602,000 - $2,067,000

47 Acres
$24,507 Price per Acre
2,035,994 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $1,300,000 $833 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,213/month

37 Days on Market

Highlights

  • Community Stables
  • Indoor Arena
  • Pole Barn
  • Schumann Elementary School Rated A-
  • 46.74 Acre Lot
  • 5-minute walk to Maple Park

About This Lot

As of May 2021

Close in Medina Horse facility with fabulous Heated Indoor Arena ... 2 Heated Box Stall Barns, Paddocks, Pastures and Outdoor Arena. Transferable Conditional Use Permit for 60 horses. Located off quiet hard surface road. New Roofs on Morton Buildings. Easy and wonderful location to all amenities near Hennepin Three Rivers Park and Lake Independence. Single family house in need of TLC. See Supplements for Additional Facility Details ... House is a remodel.

Last Listed By

Dan Ward

Coldwell Banker Realty Listed on: 03/17/2021

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,135

Year Built

  • 1977

Lot Details

  • 46.74 Acre Lot
  • Lot Dimensions are 648x1828x693x1273
  • Vinyl Fence
  • Wood Fence
  • Wire Fence
  • Irregular Lot
  • Few Trees

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Indoor Arena
  • Arena

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Pole Barn
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$8,135

Year Built

1977

Lot Details

0

Listing Details

  • Type: Lots & Land
  • Development Status: Raw Land
  • Restrict To Builders: Open
  • Fractional Ownership Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 9091
  • Development Y N: No
  • Drainage Type: Good
  • Improvement Type: Paved Streets, Public Road
  • Inclusions Type: For Sale Sign, Survey, Torrens
  • Internet Entire Listing Display: Yes
  • Internet Type: Satellite
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished Units: Square Feet
  • Plat Recorded Y N: No
  • Property Out Building Type: Barn(s), Indoor Arena, Outdoor Arena, Pole Building, Shed - Storage, Stables, Tack Room
  • Property Sub Type Additional: Acreage, Development, Residential Lot
  • Rental License: No
  • Restrictions Type: Easements, Horses/Livestock Allowed
  • Tax Assessment Balance: 623.00
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1977

Interior Features

  • Fireplace: No

Exterior Features

  • Fencing: Vinyl, Wire, Wood
  • Water Body Type: Wetlands

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Septic Available, Private Septic Connected, Private Well Connected

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Other, Residential-Single Family
  • Topography: Hilly, Level, Low Land, Rolling, Sloped
  • Waterfront YN: No
  • Out Building Count: 7
  • Farm Type: Hobby, Horse
  • Assessment Pending: Unknown
  • Lot Size: 648x1828x693x1273
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Lot Size Acres: 46.7400
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: UNPLATTED 07 118 23 THAT PART OF THE S 555 FT OF THE N 1325 FT OF THE E 1/2 OF THE SW 1/4 LYING W OF THE E 825 FT THOF ALSO THAT PART OF THE E 1/2 OF THE SW 1/4 LYING S OF THE N 1325 FT THOF EX ROAD
  • Tax Amount: 8135.00
  • Tax Year: 2020
  • Tax With Assessments: 8758.00

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Bartz and Jennifer
Bought by
Tcos Real Estate Holdings Llc
Total Days on Market
37
Current Estimated Value
$1,145,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Outstanding Balance
$514,230
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$631,223

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 6, 2021
Sold by
Hsh Farms Llc
Bought by
Bartz Steven and Bartz Jennifer
Seller's Agent
Dan Ward
Coldwell Banker Realty
Buyer's Agent
Aaron Lowe
Compass
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.12%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Agstar Financial Services
Bought by
Hsh Farms Llc

Purchase Details

Closed on
Aug 30, 2007
Sold by
Sonshine Equestran Properties Llc
Bought by
Agstar Financial Services Flca

Purchase Details

Closed on
Dec 12, 2005
Sold by
Lysne Myrna
Bought by
Sonshine Equestrian Properties Llc

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
Tcos Real Estate Holdings Llc $3,000 None Listed On Document
Bartz Steven -- Burnet Title
Hsh Farms Llc $975,000 --
Agstar Financial Services Flca -- --
Sonshine Equestrian Properties Llc $1,500,000 --
Bartz Steven Steven $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tcos Real Estate Holdings Llc $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,300,000 0.0% $833 / Sq Ft
05/07/2021 05/07/21 Sold $1,300,000 -3.7% $433 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 Pending -- -- --
04/06/2021 04/06/21 Price Changed $1,350,000 0.0% $865 / Sq Ft
04/06/2021 04/06/21 For Sale $1,350,000 +3.8% $865 / Sq Ft
03/31/2021 03/31/21 Off Market $1,300,000 -- --
03/17/2021 03/17/21 Price Changed $1,350,000 -15.6% $450 / Sq Ft
03/17/2021 03/17/21 For Sale $1,600,000 0.0% $1,026 / Sq Ft
02/28/2021 02/28/21 For Sale $1,600,000 -- $533 / Sq Ft
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 $9,980 $1,229,900 $527,000 $702,900
2022 $6,852 $135,000 $123,000 $12,000
2021 $7,258 $169,000 $98,000 $71,000
2020 $8,757 $751,700 $497,000 $254,700
2019 $8,835 $154,800 $93,000 $61,800
2018 $8,888 $165,000 $89,000 $76,000
2017 $10,010 $919,000 $640,000 $279,000
2016 $10,241 $914,000 $640,000 $274,000
2015 $9,419 $906,200 $632,000 $274,200
2014 -- $904,000 $632,000 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5726272

NorthstarMLS

APN: 07-118-23-34-0003