NOT LISTED FOR SALE

6701 Highland Hills Ln S Cottage Grove, MN 55016

Estimated Value: $327,000 - $459,000

0.29 Acre
$1,394,272 Price per Acre
12,632 Sq Ft Lot

Last Sold October 12, 2012

Last sale price $72,000 $27 Per Sq Ft

Est. 564% increase in value since last sale

Current estimated payment $3,069/month

40 Days on Market

Highlights

  • Agricultural
  • Cottage Grove Elementary School Rated A-
  • 4-minute walk to Peter Thompson Park

About This Lot

As of October 2012

Architectural guidelines apply. Call for information.

Last Agent to Sell the Property

John Anderson

Keller Williams Integrity Realty Listed on: 08/08/2012

Last Buyer's Agent

Adam Benedict

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,120

Lot Details

  • 0.29 Acre Lot
  • Sloped Lot
  • Finished Lot(s)

HOA Fees

  • $23 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, management, shared amenities

Listing and Financial Details

  • Assessor Parcel Number 0602721140021

Property Details

Property Type

Land

Est. Annual Taxes

$5,120

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 0602721140021
  • Projected Closed Date: 10/12/2012
  • Taxes With Assessments: 1394
  • Estimated Number of Acres: 0.29
  • Additional Information: Abstract, Platted, Topographic Map
  • Development Status: Finished Lot
  • 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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Management, Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 280

Schools

  • School District: South Washington Co.  #833

Lot Info

  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2012
Closed on
Oct 11, 2012
Sold by
Mj Investment Llc
Bought by
Ferraro Lee P and Ferraro Lisa M
Seller's Agent
John Anderson
Keller Williams Integrity Realty
Buyer's Agent
Adam Benedict
RE/MAX Advantage Plus
List Price
$76,900
Sold Price
$72,000
Premium/Discount to List
-$4,900
-6.37%
Current Estimated Value
$478,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,440
Avg. Annual Appreciation
15.83%
Original Mortgage
$271,700
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2012
Sold by
American Bank Of St Paul
Bought by
Mj Investment Llc
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
Ferraro Lee P $72,000 Trademark Title Services Inc
Mj Investment Llc $50,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Lee P $238,450
Closed Ferraro Lee P $274,500
Closed Ferraro Lee P $271,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $72,000 -6.4% $27 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $76,900 -- $29 / Sq Ft
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 $5,120 $405,300 $125,000 $280,300
2023 $5,120 $422,800 $140,000 $282,800
2022 $4,380 $385,500 $122,100 $263,400
2021 $4,234 $322,500 $101,400 $221,100
2020 $4,152 $315,800 $102,500 $213,300
2019 $4,088 $301,300 $87,000 $214,300
2018 $3,690 $290,000 $87,000 $203,000
2017 $3,540 $259,600 $82,000 $177,600
2016 $3,572 $253,300 $80,000 $173,300
2015 $3,134 $229,000 $69,400 $159,600
2013 -- $143,600 $59,400 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4385820

REALTOR® Association of Southern Minnesota

APN: 06-027-21-14-0021