NOT LISTED FOR SALE

5540 153rd Ave NE Spicer, MN 56288

Estimated Value: $337,000 - $471,000

0.64 Acre
$638,511 Price per Acre
27,878 Sq Ft Lot

Last Sold October 31, 2013

Last sale price $68,900

Est. 493% increase in value since last sale

Current estimated payment $2,504/month

164 Days on Market

Highlights

  • 178 Feet of Waterfront
  • Beach Access
  • Agricultural
  • Prairie Woods Elementary School Rated 9+
  • Cul-De-Sac
  • Many Trees

About This Lot

As of October 2013

Nice size lot with great views on Nest Lake. Located on a cul-de-sac with mature trees.

Last Agent to Sell the Property

EARL RICH

NEW LONDON REAL ESTATE Listed on: 04/29/2013

Last Buyer's Agent

Kelly Baeth

NEW LONDON REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,244

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 157x178
  • 178 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Level Lot
  • Irregular Lot
  • Many Trees
  • Finished Lot(s)

Outdoor Features

  • Beach Access
  • Storage Shed

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 27-300-0100

Property Details

Property Type

Land

Est. Annual Taxes

$4,244

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Yes
  • Beach Type: Soft
  • Parcel Number: 27-300-0100
  • Range: 34
  • Section: 20
  • Twp Number: 121
  • Estimated Number of Acres: 0.64
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Nest
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 178
  • Waterfront Description: Lake

Utilities

  • Available Utilities: City Sewer, Electric
  • On Site Utilities: City Sewer, Electric

Lot Info

  • Lot/Land Description: Accessible Shoreline, Cul de Sac, Irregular Lot, Tree Coverage - Heavy
  • Estimated Lot Dimensions: 157x178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Oct 31, 2013
Sold by
Lennan Brian C Mac and Lennan Carmen R Mac
Bought by
Fernandez John and Fernandez Margaret
Seller's Agent
EARL RICH
NEW LONDON REAL ESTATE
Buyer's Agent
Kelly Baeth
NEW LONDON REAL ESTATE
List Price
$79,900
Sold Price
$68,900
Premium/Discount to List
-$11,000
-13.77%
Current Estimated Value
$408,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,747
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Maclennan Alice E and Mac Lennan Scott B
Bought by
Maclennan Brian C and Mac Lennan Carmen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving
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
Fernandez John $68,900 Quality Title
Maclennan Brian C $20,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maclennan Brian C $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $68,900 -13.8% --
10/10/2013 10/10/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $79,900 -- --
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 $4,244 $322,300 $175,000 $147,300
2024 $4,206 $275,600 $140,800 $134,800
2023 $4,058 $275,600 $140,800 $134,800
2022 $3,304 $252,700 $121,800 $130,900
2021 $2,104 $156,400 $64,000 $92,400
2020 $2,088 $50,300 $49,300 $1,000
2019 $2,090 $50,300 $49,300 $1,000
2018 $2,100 $50,300 $49,300 $1,000
2017 $2,238 $50,300 $49,300 $1,000
2016 $2,072 $503 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4468775

REALTOR® Association of Southern Minnesota

APN: 27-300-0100