NOT LISTED FOR SALE

6404 Mason Ave NE Otsego, MN 55301

Estimated Value: $373,000 - $436,000

0.42 Acre
$992,602 Price per Acre
18,295 Sq Ft Lot

Last Sold March 28, 2013

Last sale price $29,900

Est. 1,294% increase in value since last sale

Current estimated payment $2,671/month

475 Days on Market

Highlights

  • Agricultural
  • Rogers Elementary School Rated A-
  • 3-minute walk to Zimmer Farm Park

About This Lot

As of March 2013

Great location with easy access to I94 for commute. Close to shopping & restaurants and walking distance to park and playground nearby!

Last Agent to Sell the Property

Dean Zachman

Edina Realty, Inc. Listed on: 11/17/2011

Last Buyer's Agent

Dean Zachman

Edina Realty, Inc. Listed on: 11/17/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,672

Lot Details

  • 0.42 Acre Lot
  • Sloped Lot
  • Few Trees
  • 14 Lots in the community

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 118205001080

Property Details

Property Type

Land

Est. Annual Taxes

$4,672

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 118205001080
  • Projected Closed Date: 03/28/2013
  • Taxes With Assessments: 652
  • Estimated Number of Acres: 0.42
  • Additional Information: Easements, Platted
  • Development: Yes
  • Development Status: Subdivided
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

  • School District: Elk River #728

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Total Lots Available: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2013
Sold by
Shermer Harold and Shermer Darlene
Bought by
Anderson Bonnie R and Shermer Brandon R
Current Estimated Value
$416,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Outstanding Balance
$129,349
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$287,544
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
Anderson Bonnie R $215,500 Lendserv Nat'L Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Bonnie R $15,000
Open Anderson Bonnie R $172,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2013 03/28/13 Sold $29,900 -25.1% --
03/06/2013 03/06/13 Pending -- -- --
11/17/2011 11/17/11 For Sale $39,900 -- --
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 $4,672 $414,700 $95,000 $319,700
2024 $4,672 $405,700 $95,000 $310,700
2023 $4,548 $438,600 $120,000 $318,600
2022 $4,344 $377,100 $100,000 $277,100
2021 $4,156 $321,600 $60,000 $261,600
2020 $4,114 $303,200 $50,000 $253,200
2019 $3,438 $294,500 $0 $0
2018 $3,070 $257,300 $0 $0
2017 $2,938 $230,200 $0 $0
2016 $2,590 $0 $0 $0
2015 $2,608 $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: 3504724

REALTOR® Association of Southern Minnesota

APN: 118-205-001080