NOT LISTED FOR SALE

550 550 Long Lake Rd E Orono, MN 55391

Estimated Value: $3,927,420 - $6,206,000

10 Beds
12 Baths
12,997 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 550 550 Long Lake Rd E, Orono, MN 55391 and is currently estimated at $5,066,710, approximately $389 per square foot. 550 550 Long Lake Rd E 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
Jun 19, 2015
Sold by
Nike Storage Llc
Bought by
Linda M Netjes Revocable Trust
Current Estimated Value
$5,066,710

Purchase Details

Closed on
May 17, 2013
Sold by
Park Place Storage Condominiums Inc
Bought by
Linda M Netjes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2013
Sold by
Netjes David A
Bought by
550 Long Lake Road East 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2013
Sold by
Netjes David A
Bought by
550 Long Lake Road East I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2011
Sold by
Netjer David A and Netjer Linda M
Bought by
Wallman Rusty L and Wallman Tina M

Purchase Details

Closed on
Dec 14, 2009
Sold by
Retained Realty Inc
Bought by
David A Netjes Rev Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Linda M Netjes Revocable Trust $195,000 Old Republic National Title
Linda M Netjes Revocable Trust $207,550 Old Republic National Title
550 Long Lake Road East 1 Llc -- S & S Title & Scrow Llc
550 Long Lake Road East I Llc -- None Available
Wallman Rusty L $880,000 --
David A Netjes Rev Trust $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 550 Long Lake Road East 1 Llc $1,925,000
Source: Public Records

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
2024 $56,595 $4,850,400 $1,864,500 $2,985,900
2023 $54,238 $4,827,200 $1,815,000 $3,012,200
2022 $49,882 $5,092,000 $1,650,000 $3,442,000
2021 $49,080 $3,922,000 $1,142,000 $2,780,000
2020 $48,729 $3,873,000 $1,142,000 $2,731,000
2019 $48,542 $3,683,000 $1,031,000 $2,652,000
2018 $49,936 $3,612,000 $1,007,000 $2,605,000
2017 $48,386 $3,489,000 $1,073,000 $2,416,000
2016 $44,938 $3,243,000 $949,000 $2,294,000
2015 $44,912 $3,243,000 $949,000 $2,294,000
2014 -- $3,394,000 $1,073,000 $2,321,000
Source: Public Records

Map

Minnesota Hennepin County Orono 55391

550 550 Long Lake Rd E, Orono, MN

This home is located at 550 550 Long Lake Rd E, Orono, MN 55391 and is currently estimated at $5,066,710, approximately $389 per square foot. 550 550 Long Lake Rd E is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle 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.

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