NOT LISTED FOR SALE

6590 Rocky Island Ln Excelsior, MN 55331

Estimated Value: $678,000 - $913,000

0.4 Acre
$1,999,908 Price per Acre
17,424 Sq Ft Lot

Last Sold May 24, 2012

Last sale price $116,000

Est. 590% increase in value since last sale

Current estimated payment $4,858/month

136 Days on Market

Highlights

  • Waterfront
  • Hilly Lot
  • Agricultural
  • Minnewashta Elementary School Rated A
  • Property is near public transit
  • Level Lot

About This Lot

As of May 2012

Use your Builder or ours to build your dream home on this spectacular lot with views of Lake Minnewashta. Minnetonka schools. Local lender owned, can close quickly.

Last Agent to Sell the Property

Timothy Buffham

Better Homes and Gardens Real Estate All Seasons Listed on: 12/31/2011

Last Buyer's Agent

William Roemer

Luke Team Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,404

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Level Lot
  • Irregular Lot
  • Hilly Lot
  • Few Trees
  • Finished Lot(s)

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$7,404

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Yes
  • Projected Closed Date: 05/21/2012
  • Street Designation: Lane
  • Taxes With Assessments: 1652
  • Estimated Number of Acres: 0.4
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Hilly, Level, Rolling, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 676.95
  • Waterfront: Yes

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Irregular Lot, Pub. Trans (w/In 6 Blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2012
Sold by
Ldk Builders Inc
Bought by
Siagian Ferdinand T
Current Estimated Value
$799,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,045
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2011
Closed on
May 24, 2012
Sold by
Central Bank
Bought by
Ldk Builders Inc
Seller's Agent
Timothy Buffham
Better Homes and Gardens Real Estate All Seasons
Buyer's Agent
William Roemer
Luke Team Real Estate
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
May 31, 2006
Sold by
10Spring Homes Inc
Bought by
Rowe Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.68%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2006
Sold by
Brick Holdings Llc
Bought by
10Spring Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.68%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Siagian Ferdinand T $420,045 Custom Home Builders Title L
Ldk Builders Inc $116,000 Custom Home Builders Title L
Rowe Construction Inc $380,000 --
10Spring Homes Inc $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siagian Ferdinand T $385,045
Previous Owner Rowe Construction Inc $380,000
Previous Owner 10Spring Homes Inc $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $116,000 -7.1% --
05/15/2012 05/15/12 Pending -- -- --
12/31/2011 12/31/11 For Sale $124,900 -- --
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 $7,404 $677,800 $180,000 $497,800
2024 $7,152 $667,800 $170,000 $497,800
2023 $6,732 $663,300 $170,000 $493,300
2022 $6,076 $631,200 $162,000 $469,200
2021 $5,716 $491,400 $130,100 $361,300
2020 $5,788 $488,100 $130,100 $358,000
2019 $6,258 $516,900 $123,900 $393,000
2018 $5,778 $516,900 $123,900 $393,000
2017 $5,838 $476,000 $117,700 $358,300
2016 $5,610 $451,400 $0 $0
2015 $5,092 $451,100 $0 $0
2014 $5,092 $382,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Timothy Buffham

    Better Homes and Gardens Real Estate All Seasons

  • W

    Buyer's Agent in 2012

    William Roemer

    Luke Team Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3533832

REALTOR® Association of Southern Minnesota

APN: 25.4850030

Minnesota Carver County Excelsior 55331

6590 Rocky Island Ln, Excelsior, MN

This home is located at 6590 Rocky Island Ln, Excelsior, MN 55331 since 31 December 2011 and is currently estimated at $799,963. 6590 Rocky Island Ln is a home with nearby schools including Minnewashta Elementary School, Minnetonka West Middle School, and Minnetonka 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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