5054 Industrial St Maple Plain, MN 55359
Estimated Value: $1,513,659
Studio
--
Bath
--
Sq Ft
3.38
Acres
About This Home
This home is located at 5054 Industrial St, Maple Plain, MN 55359 and is currently estimated at $1,513,659. 5054 Industrial St is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 23, 2022
Sold by
Larson Brothers Property Development Llc and Larson Brothers Property Development Ii
Bought by
Maple Plain Marine Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,094,195
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$419,464
Purchase Details
Closed on
Apr 25, 2022
Sold by
Larson Brothers Property Development Llc
Bought by
Larson Brothers Property Development Ii Llc
Purchase Details
Closed on
Jan 30, 2014
Sold by
Franzel James R
Bought by
Larson Brothers Property Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 4, 2013
Sold by
Franzel James Richard
Bought by
Larson Brothers Property Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.39%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 28, 2012
Sold by
Trail A Matic Inc
Bought by
Franzel James R and The Richard Martin Franzel Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maple Plain Marine Llc | $1,400,000 | Midland Title | |
| Maple Plain Marine Llc | $1,400,000 | None Listed On Document | |
| Larson Brothers Property Development Ii Llc | $3,000 | -- | |
| Larson Brothers Property Development Ii Llc | $3,000 | -- | |
| Larson Brothers Property Development Llc | $275,000 | Title Mark | |
| Larson Brothers Property Development Llc | -- | Title Mark | |
| Larson Brothers Property Development Llc | $275,000 | Title Mark | |
| Larson Brothers Property Development Llc | $275,000 | Title Mark | |
| Franzel James R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maple Plain Marine Llc | $1,200,000 | |
| Closed | Maple Plain Marine Llc | $1,200,000 | |
| Previous Owner | Larson Brothers Property Development Llc | $220,000 | |
| Previous Owner | Larson Brothers Property Development Llc | $220,000 |
Source: Public Records
Tax History Compared to Growth
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 | $36,200 | $1,202,000 | $294,000 | $908,000 |
| 2023 | $32,590 | $1,150,000 | $294,000 | $856,000 |
| 2022 | $12,964 | $470,000 | $294,000 | $176,000 |
| 2021 | $12,187 | $422,000 | $257,000 | $165,000 |
| 2020 | $10,192 | $395,000 | $257,000 | $138,000 |
| 2019 | $9,187 | $325,000 | $234,000 | $91,000 |
| 2018 | $9,413 | $288,000 | $228,000 | $60,000 |
| 2017 | $10,048 | $275,000 | $215,000 | $60,000 |
| 2016 | $9,918 | $268,000 | $215,000 | $53,000 |
| 2015 | $9,740 | $255,000 | $205,000 | $50,000 |
| 2014 | -- | $212,700 | $177,700 | $35,000 |
Source: Public Records
Map
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