NOT LISTED FOR SALE

8619 Tessman Farm Rd N Minneapolis, MN 55445

Tessman Neighborhood

Estimated Value: $433,286 - $473,000

3 Beds
2 Baths
1,418 Sq Ft
$322/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $219,900 $155 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,906/month

194 Days on Market

Highlights

  • 3 Car Attached Garage
  • Walk-In Closet
  • Home Under Construction
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

Best selling Donnay Homes single family new construction home. New development with first choice of lots. Near North Hennepin Community College, Target, Medtronic and plenty of shopping at Arbor Lakes. Pre-Sale.

Last Agent to Sell the Property

Thomas Moriarty

LivingLocal Realty Listed on: 06/08/2012

Last Buyer's Agent

Theresa Anderson

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,184

Year Built

  • 2012

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 130

Home Design

  • Home Under Construction
  • Bi-Level Home
  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • Woodwork
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,184

Year Built

2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.22
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1327
  • Projected Closed Date: 12/20/2012
  • Stories: Bi-Level Split
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Private Master, Rough In, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x15, On Level: Upper
  • Room 2: Dining Room, 10x9, On Level: Upper
  • Room 4: Kitchen, 10x13, On Level: Upper
  • Room 5: Bedroom, 16x15, On Level: Upper
  • Room 6: Bedroom, 11x13, On Level: Upper
  • Room 7: 11x11, On Level: Upper
  • Basement Features: Drainage System, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1418
  • Total Fin Square Footage: 1418

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 75 x 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2012
Closed on
Dec 20, 2012
Sold by
Donnay Homes Inc
Bought by
May Michelle A
Seller's Agent
Thomas Moriarty
LivingLocal Realty
Buyer's Agent
Theresa Anderson
Coldwell Banker Burnet
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$456,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,922
Avg. Annual Appreciation
5.85%
Original Mortgage
$169,900
Outstanding Balance
$117,547
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$339,275

Purchase Details

Listed on
Jun 8, 2012
Closed on
Dec 19, 2012
Sold by
Drake Investments Llc
Bought by
Donnay Homes Inc
Seller's Agent
Thomas Moriarty
LivingLocal Realty
Buyer's Agent
Theresa Anderson
Coldwell Banker Burnet
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Outstanding Balance
$117,547
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$339,275

Purchase Details

Closed on
Jul 5, 2012
Sold by
Tessman Century Farm Llc
Bought by
Drake 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
May Michelle A $219,900 Burnet Title
Donnay Homes Inc -- Burnet Title
Drake Investment Llc $56,900 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Michelle A $169,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $219,900 0.0% $155 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $219,900 -- $155 / 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 $6,184 $428,500 $130,000 $298,500
2023 $5,443 $395,100 $130,000 $265,100
2022 $4,288 $386,600 $130,000 $256,600
2021 $4,022 $312,700 $68,000 $244,700
2020 $3,884 $295,800 $68,000 $227,800
2019 $4,134 $272,500 $68,000 $204,500
2018 $3,997 $274,700 $60,000 $214,700
2017 $3,882 $247,100 $60,000 $187,100
2016 $3,569 $226,200 $60,000 $166,200
2015 $3,580 $221,200 $55,000 $166,200
2014 -- $206,000 $50,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4331268

REALTOR® Association of Southern Minnesota

APN: 17-119-21-43-0074