NOT LISTED FOR SALE

5285 Kelsey Terrace Minneapolis, MN 55436

Parkwood Knolls Neighborhood

Estimated Value: $1,994,000 - $2,493,000

0.44 Acre
$5,152,459 Price per Acre
19,166 Sq Ft Lot

Last Sold August 15, 2013

Last sale price $375,000 $72 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $14,298/month

293 Days on Market

Highlights

  • Agricultural
  • Hopkins Senior High School Rated A-
  • Level Lot

About This Lot

As of August 2013

Build your dream home in this executive n'hood, host to a supporting cast of $1M+ homes. West Ridge Farm is the last sizable new home development in Edina with over 30 lots to choose from. Many cul-de-sac, waterfront, walk-out, & 1+ acre lots available.

Last Agent to Sell the Property

Heather Hansen

Lakes Sotheby's International Listed on: 10/17/2012

Co-Listed By

Jacob Smith

Lakes Sotheby's International

Last Buyer's Agent

Pamela Allen

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,356

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Irregular Lot
  • 10 Lots in the community
  • Finished Lot(s)

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3011721340039

Property Details

Property Type

Land

Est. Annual Taxes

$23,356

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 3011721340039
  • Projected Closed Date: 12/27/2013
  • Street Designation: Terrace
  • Taxes With Assessments: 7113.18
  • Estimated Number of Acres: 0.44
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

  • School District: Hopkins #270

Lot Info

  • Lot/Land Description: Irregular Lot
  • Total Lots Available: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Barzen Timothy J and Barzen Victoria A
Bought by
Barzen Victoria Ann and Barzen Timothy John
Current Estimated Value
$2,267,082

Purchase Details

Listed on
Oct 17, 2012
Closed on
Aug 15, 2013
Sold by
Aprkwood Knolls Construction Company
Bought by
Barzen Timothy J and Barzen Victoria A
Seller's Agent
Heather Hansen
Lakes Sotheby's International
Buyer's Agent
Pamela Allen
Edina Realty, Inc.
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Construction
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
Barzen Victoria Ann -- None Available
Barzen Timothy J $375,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barzen Victoria Ann $715,000
Closed Barzen Timothy J $800,000
Closed Barzen Timothy J $417,000
Closed Barzen Timothy J $365,000
Closed Barzen Timothy J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $375,000 -6.0% $72 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $399,000 -- $77 / 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 $23,356 $1,805,300 $500,000 $1,305,300
2022 $19,742 $1,624,400 $437,500 $1,186,900
2021 $18,732 $1,470,000 $367,500 $1,102,500
2020 $17,761 $1,405,000 $350,000 $1,055,000
2019 $15,680 $1,286,800 $350,000 $936,800
2018 $15,002 $1,154,300 $350,000 $804,300
2017 $14,930 $1,059,600 $395,000 $664,600
2016 $14,842 $1,021,500 $356,200 $665,300
2015 $7,356 $543,700 $356,200 $187,500
2014 -- $356,200 $356,200 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Heather Hansen

    Lakes Sotheby's International

  • J

    Seller Co-Listing Agent in 2013

    Jacob Smith

    Lakes Sotheby's International

  • P

    Buyer's Agent in 2013

    Pamela Allen

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4409870

REALTOR® Association of Southern Minnesota

APN: 30-117-21-34-0039

Minnesota Hennepin County Minneapolis 55436 Parkwood Knolls

5285 Kelsey Terrace, Minneapolis, MN

This home is located at 5285 Kelsey Terrace, Minneapolis, MN 55436 since 17 October 2012 and is currently estimated at $2,267,082, approximately $437 per square foot. 5285 Kelsey Terrace is a home located in Hennepin County with nearby schools including Alice Smith Elementary School, Hopkins North Junior High School, and Hopkins Senior High School.

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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