NOT LISTED FOR SALE

8726 Cedar Lake Blvd Faribault, MN 55021

Estimated Value: $160,651 - $202,000

6.3 Acres
$28,024 Price per Acre
274,428 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $155,000

Est. 14% increase in value since last sale

Current estimated payment $1,003/month

27 Days on Market

About This Lot

As of May 2024

Welcome to this fabulous 6.3-acre parcel with mature trees and a manmade pond. Perfect setting with rolling hills and a spectacular location to build your dream home!

Last Agent to Sell the Property

Ryan Custodio

Keller Williams Preferred Rlty Listed on: 03/01/2024

Keller Williams Preferred Rlty

Last Buyer's Agent

Matt Steeves

MDC Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $576

Lot Details

  • Lot Dimensions are 1 x 1 x 1 x 1
  • Home fronts a pond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0926200003

Property Details

Property Type

Land

Est. Annual Taxes

$576

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract

Utilities

  • Utilities: Electricity Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • Topography: Level,Sloped,Walkout
  • Waterfront YN: No
  • Lot Size: 1 x 1 x 1 x 1
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0926200003
  • Tax Annual Amount: 576
  • TaxWithAssessments: 576.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 3, 2024
Sold by
Rask Michael and Rask Mackayla
Bought by
Davis Brandon and Steeves Courtney
Seller's Agent
Ryan Custodio
Keller Williams Preferred Rlty
Buyer's Agent
Matt Steeves
MDC Real Estate Services
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Views
35
Current Estimated Value
$176,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,550
Avg. Annual Appreciation
9.19%
Original Mortgage
$105,000
Outstanding Balance
$103,525
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$73,025

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 28, 2022
Sold by
Krogh Kenneth and Krogh Linda M
Bought by
Rask Michael T
Seller's Agent
Barb Erickson
Edina Realty, Inc.
Buyer's Agent
John Canny
RE/MAX Advantage Plus
List Price
$115,000
Sold Price
$128,000
Premium/Discount to List
$13,000
11.3%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$100,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Davis Brandon $155,000 --
Rask Michael T $128,000 Trademark Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brandon $105,000
Previous Owner Rask Michael T $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $155,000 -11.4% --
03/29/2024 03/29/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $175,000 +36.7% --
11/28/2022 11/28/22 Sold $128,000 +11.3% -- View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $115,000 -- --
Source: NorthstarMLS

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 $920 $108,200 $107,200 $1,000
2024 $776 $85,900 $85,300 $600
2023 $574 $85,900 $85,300 $600
2022 $576 $60,500 $59,900 $600
2021 $562 $56,700 $56,100 $600
2020 $544 $54,600 $54,100 $500
2019 $546 $54,600 $54,100 $500
2018 $558 $54,600 $54,100 $500
2017 $662 $54,500 $54,100 $400
2016 $676 $60,000 $60,000 $0
2015 $650 $60,000 $60,000 $0
2014 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6497044

NorthstarMLS

APN: 09.26.2.00.003