NOT LISTED FOR SALE

5107 Russell Ave N Minneapolis, MN 55430

Shingle Creek Neighborhood

Estimated Value: $282,000 - $292,000

25 Acres
$11,496 Price per Acre
1,089,000 Sq Ft Lot

Last Sold April 13, 2012

Last sale price $25,000 $11 Per Sq Ft

Est. 1,050% increase in value since last sale

Current estimated payment $1,855/month

159 Days on Market

Highlights

  • 25 Acre Lot
  • Landscaped with Trees
  • Level Lot

About This Lot

As of April 2012

25 Acre Recreational Parcel near Willow River Here is your chance at a very affordable parcel of land to camp on or just use for recreation. The parcel is 95% heavily wooded with whispering Aspen and brilliant green Balsams. There is also an acre or two of open ground on a beautiful ridge which over looks a beaver pond. The majority of the property is high ground a camp site is already nestled right into this gorgeous setting. Covenants and forest management restrictions apply. A driveway is in and the soil is perked for a septic Located a few miles off I35, just 3 miles West of Willow River, the town of Rutledge and close to public land, golf course, recreational trails, Banning State Park, lakes, rivers and only 1.5 hours north of Mpls/St.Paul.

Last Agent to Sell the Property

Bryan Ketchmark

Majestic Pine Realty, Inc. Listed on: 10/07/2011

Last Buyer's Agent

Bryan Ketchmark

Majestic Pine Realty, Inc. Listed on: 10/07/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,473

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 825x1321
  • Level Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Listing and Financial Details

  • Assessor Parcel Number 170251000

Property Details

Property Type

Land

Est. Annual Taxes

$3,473

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Recreational
  • Amenities Exterior: Driveway - Gravel
  • Parcel Number: 170251000
  • Projected Closed Date: 03/30/2012
  • Range: 20
  • Section: 19
  • Twp Number: 44
  • Estimated Number of Acres: 25
  • Additional Information: Survey
  • Builder Restrictions: Limited
  • Land Improvements: Private
  • Topography: Level, Rolling
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: East Central #2580

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 825x1321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2011
Sold by
Davis Barbara Jo
Bought by
Xiong Cha
Current Estimated Value
$287,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,845
Outstanding Balance
$57,987
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$224,943
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
Xiong Cha $85,000 Title One Inc
Xiong Cha $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong Cha $82,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2012 04/13/12 Sold $25,000 -37.3% $11 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $39,900 -- $17 / Sq Ft
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 $3,473 $279,000 $44,000 $235,000
2022 $2,929 $254,000 $44,000 $210,000
2021 $1,359 $228,000 $16,000 $212,000
2020 $2,251 $125,000 $17,600 $107,400
2019 $2,431 $175,500 $17,700 $157,800
2018 $2,178 $175,500 $17,700 $157,800
2017 $1,992 $144,500 $16,100 $128,400
2016 $1,793 $129,000 $16,100 $112,900
2015 $1,666 $117,000 $16,100 $100,900
2014 -- $113,500 $16,100 $97,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bryan Ketchmark

    Majestic Pine Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3556503

REALTOR® Association of Southern Minnesota

APN: 11-118-21-21-0069

Minnesota Hennepin County Minneapolis 55430 Shingle Creek

5107 Russell Ave N, Minneapolis, MN

This home is located at 5107 Russell Ave N, Minneapolis, MN 55430 since 07 October 2011 and is currently estimated at $287,388, approximately $121 per square foot. 5107 Russell Ave N is a home located in Hennepin County with nearby schools including Jenny Lind Elementary School, Olson Middle School, and Progeny Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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