NOT LISTED FOR SALE

5905 Seamans Dr Excelsior, MN 55331

Estimated Value: $1,437,000 - $1,828,000

0.93 Acre
$1,781,925 Price per Acre
40,511 Sq Ft Lot

Last Sold May 22, 2014

Last sale price $249,000

Est. 566% increase in value since last sale

Current estimated payment $9,789/month

70 Days on Market

Highlights

  • On Golf Course
  • Landscaped with Trees
  • Agricultural
  • Minnewashta Elementary School Rated A

About This Lot

As of May 2014

Rare opportunity to build in Shorewood on Minnetonka C.C.! Newly divided lot of.93 acres that backs up to golf course. Flat, wooded and private with access off Seamans Drive. City sewer, gas and electric at street. Minnetonka Schools

Last Agent to Sell the Property

James Bennyhoff

Ranger Networking, LLC Listed on: 01/08/2014

Last Buyer's Agent

Andrew Fernelius

Best Value Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,031

Lot Details

  • 0.93 Acre Lot
  • On Golf Course
  • Landscaped with Trees

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3311723320038

Property Details

Property Type

Land

Est. Annual Taxes

$12,031

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 3311723320038
  • Projected Closed Date: 05/22/2014
  • Street Designation: Drive
  • Estimated Number of Acres: 0.93
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Electric, Natural Gas

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: On Golf Course, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
May 22, 2014
Sold by
Free David B and Free Lori J
Bought by
Kapsner Peter and Kapsner Hallie
Seller's Agent
James Bennyhoff
Ranger Networking, LLC
Buyer's Agent
Andrew Fernelius
Best Value Real Estate Inc.
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$1,657,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,408,190
Avg. Annual Appreciation
18.09%
Original Mortgage
$612,000
Outstanding Balance
$466,590
Interest Rate
4.34%
Mortgage Type
Construction
Estimated Equity
$1,190,600
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
Kapsner Peter $249,000 Edina Realty Title Inc
Kapsner Peter -- Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapsner Peter $612,000
Closed Kapsner Peter $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2014 05/22/14 Sold $249,000 0.0% --
03/19/2014 03/19/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $249,000 -- --
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
2024 $12,031 $945,800 $345,000 $600,800
2023 $10,697 $884,800 $288,500 $596,300
2022 $8,378 $777,000 $227,000 $550,000
2021 $8,058 $633,000 $180,000 $453,000
2020 $8,345 $607,000 $163,000 $444,000
2019 $8,351 $600,000 $163,000 $437,000
2018 $7,878 $597,000 $163,000 $434,000
2017 $8,131 $577,000 $139,000 $438,000
2016 $3,705 $265,000 $116,000 $149,000
2015 $1,164 $69,000 $69,000 $0
2014 -- $88,000 $88,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4579115

REALTOR® Association of Southern Minnesota

APN: 33-117-23-32-0038