NOT LISTED FOR SALE

500 Raleigh Cir Watertown, MN 55388

Estimated Value: $548,000 - $660,000

0.39 Acre
$1,576,659 Price per Acre
16,988 Sq Ft Lot

Last Sold December 29, 2014

Last sale price $57,900

Est. 962% increase in value since last sale

Current estimated payment $3,848/month

152 Days on Market

Highlights

  • Landscaped with Trees
  • Agricultural
  • Lot Has A Rolling Slope
  • Watertown-Mayer Elementary School Rated 9+

About This Lot

As of December 2014

Quaint neighborhood along the river. Many lots to choose from: walkouts, river views, culdesacs. Open to builders.

Last Agent to Sell the Property

William Fisher

Lakes Area Realty G.V. Listed on: 07/16/2014

Last Buyer's Agent

Curtis Swanson

Derek John Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,362

Lot Details

  • 0.39 Acre Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 852740250

Property Details

Property Type

Land

Est. Annual Taxes

$7,362

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessment Balance: 44
  • Assessments: Unknown
  • Parcel Number: 852740250
  • Projected Closed Date: 12/29/2014
  • Street Designation: Circle
  • Taxes With Assessments: 900
  • Estimated Number of Acres: 0.39
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

  • School District: Watertown-Mayer #111

Lot Info

  • Lot/Land Description: Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Swanson Madison and Swanson Derek
Bought by
English Brett
Current Estimated Value
$614,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$336,458
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$278,439

Purchase Details

Closed on
Jul 24, 2015
Sold by
Curt Swanson Homes Llc
Bought by
Swanson Derek and Ronnkvist Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Dec 29, 2014
Sold by
Mj Watertown Development Llc
Bought by
Curt Swanson Homes Llc
Seller's Agent
William Fisher
Lakes Area Realty G.V.
Buyer's Agent
Curtis Swanson
Derek John Realty, Inc
List Price
$59,900
Sold Price
$57,900
Premium/Discount to List
-$2,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.38%
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
English Brett $500,000 On Site Title Llc
Swanson Derek $360,000 Custom Home Bldrs Title
Curt Swanson Homes Llc $57,900 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open English Brett $380,000
Previous Owner Swanson Derek $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $57,900 -3.3% --
12/15/2014 12/15/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $59,900 -- --
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
2025 $7,362 $580,300 $115,000 $465,300
2024 $6,926 $570,300 $105,000 $465,300
2023 $6,858 $558,700 $105,000 $453,700
2022 $6,692 $562,900 $105,200 $457,700
2021 $6,786 $456,400 $87,600 $368,800
2020 $6,626 $456,400 $87,600 $368,800
2019 $5,978 $399,600 $48,800 $350,800
2018 $5,996 $399,600 $48,800 $350,800
2017 $5,666 $375,600 $44,400 $331,200
2016 $906 $44,400 $0 $0
2015 $900 $41,900 $0 $0
2014 $900 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4661207

REALTOR® Association of Southern Minnesota

APN: 85.2740250