NOT LISTED FOR SALE

Estimated Value: $224,000

0.1 Acre
$2,240,000 Price per Acre
4,356 Sq Ft Lot

Last Sold January 08, 2015

Last sale price $220,000

Est. 2% increase in value since last sale

Current estimated payment $1,408/month

567 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • Storage Shed
  • Agricultural

About This Lot

As of January 2015

Listing includes adjacent property 3 bedroom, 2 bath house. Large detached 2+ car garage (25x32) Excellent parking/storage Unique and Rare Opportunity!

Last Agent to Sell the Property

John Larson

The Realty House Listed on: 05/01/2013

Last Buyer's Agent

Scott Rose

DM Wallace Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,189

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Few Trees
  • Finished Lot(s)

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Storage Shed
  • Property is near public transit
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 1402824110086

Property Details

Property Type

Land

Est. Annual Taxes

$2,189

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 1402824110086
  • Projected Closed Date: 01/14/2015
  • Taxes With Assessments: 1860.86
  • Estimated Number of Acres: 0.1
  • Additional Information: Abstract, Platted
  • Development Status: Finished Lot
  • Exclusive Builder: Ld
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Soil Type: Sand
  • Out Buildings: Storage Shed

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/In 6 Blks), Tree Coverage - Light, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
August Ventures Llc
Bought by
Nokomis Center Llc
Current Estimated Value
$224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Outstanding Balance
$809,660
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2016
Sold by
Dm Wallace Custom Homes Llc
Bought by
August Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2013
Closed on
Dec 22, 2014
Sold by
Falk Ronald and Falk Claudette E
Bought by
Dm Wallace Custom Homes Llc
Seller's Agent
John Larson
The Realty House
Buyer's Agent
Scott Rose
DM Wallace Realty LLC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2005
Sold by
Nichols Maria Elena and Nichols David
Bought by
Falk Ronald and Falk Claudette E
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
Nokomis Center Llc $3,400,000 None Listed On Document
Nokomis Center Llc -- Commercial Partners Title
August Ventures Llc $325,000 Commercial Partners Title Ll
Dm Wallace Custom Homes Llc $220,000 Title Recording Services Inc
Falk Ronald $78,625 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nokomis Center Llc $2,720,000
Previous Owner August Ventures Llc $1,800,000
Previous Owner August Ventures Llc $240,000
Previous Owner Dm Wallace Custom Homes Llc $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $220,000 -2.2% --
11/19/2014 11/19/14 Pending -- -- --
05/01/2013 05/01/13 For Sale $225,000 -- --
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
2023 $2,189 $70,600 $70,600 $0
2022 $2,244 $70,600 $70,600 $0
2021 $2,220 $65,600 $65,600 $0
2020 $2,363 $65,600 $65,600 $0
2019 $2,256 $65,600 $65,600 $0
2018 $2,290 $60,500 $60,500 $0
2017 $2,356 $60,500 $60,500 $0
2016 $1,701 $55,500 $55,500 $0
2015 $1,795 $55,500 $55,500 $0
2014 -- $55,500 $55,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4469843

REALTOR® Association of Southern Minnesota

APN: 14-028-24-11-0086