NOT LISTED FOR SALE

775 Lakewood Trail Young America, MN 55397

Estimated Value: $317,000 - $354,000

0.2 Acre
$1,666,480 Price per Acre
8,712 Sq Ft Lot

Last Sold June 12, 2012

Last sale price $5,000 $4 Per Sq Ft

Est. 6,566% increase in value since last sale

Current estimated payment $2,246/month

925 Days on Market

About This Lot

As of June 2012

This home is located at 775 Lakewood Trail, Young America, MN 55397 since 16 November 2009 and is currently estimated at $333,296, approximately $273 per square foot. 775 Lakewood Trail is a home located in Carver County with nearby schools including Central Elementary School, Central Middle School, and Central Senior High School.

Last Agent to Sell the Property

Ken Meinke

Edina Realty, Inc. Listed on: 11/16/2009

Last Buyer's Agent

Calvin Haasken

Chestnut Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,162

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • 19 Lots in the community
  • Finished Lot(s)

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$5,162

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 07/31/2012
  • Taxes With Assessments: 418
  • Estimated Number of Acres: 0.2
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric

Schools

  • School District: Norwood Public (WI) #108

Lot Info

  • Lot/Land Description: Additional Land Available, Paved Streets
  • Total Lots Available: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
Loomis Homes Llc
Bought by
Nelson Danielle
Current Estimated Value
$333,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,697
Outstanding Balance
$153,002
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$178,004

Purchase Details

Closed on
Apr 22, 2015
Sold by
Loomis Investments Llc
Bought by
Loomis Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2015
Sold by
P & C Investment Inc
Bought by
Loomis Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 16, 2009
Closed on
Jun 12, 2012
Sold by
Associated Bank Na
Bought by
P & C Investment Inc
Seller's Agent
Ken Meinke
Edina Realty, Inc.
Buyer's Agent
Calvin Haasken
Chestnut Realty Inc
List Price
$23,000
Sold Price
$5,000
Premium/Discount to List
-$18,000
-78.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.39%
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
Nelson Danielle $187,087 Liberty Title Inc
Loomis Homes Llc -- Liberty Title Inc
Loomis Investments Llc $14,900 Liberty Title Inc
P & C Investment Inc $85,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Danielle $183,697
Previous Owner Loomis Homes Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $5,000 -78.3% $4 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
11/16/2009 11/16/09 For Sale $23,000 -- $19 / 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
2025 $5,162 $302,400 $86,700 $215,700
2024 $4,698 $277,500 $56,100 $221,400
2023 $4,610 $268,100 $56,100 $212,000
2022 $4,196 $275,900 $52,000 $223,900
2021 $3,846 $222,200 $42,700 $179,500
2020 $3,920 $220,500 $42,700 $177,800
2019 $3,594 $210,200 $40,700 $169,500
2018 $3,324 $210,200 $40,700 $169,500
2017 $2,834 $185,900 $16,300 $169,600
2016 $162 $9,400 $0 $0
2015 -- $19,400 $0 $0
2014 -- $10,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3517683

REALTOR® Association of Southern Minnesota

APN: 58.5250160