NOT LISTED FOR SALE

880 Cedar Point Ln SE Oronoco, MN 55960

Estimated Value: $616,000 - $824,000

0.84 Acre
$814,673 Price per Acre
36,590 Sq Ft Lot

Last Sold March 30, 2015

Last sale price $52,000

Est. 1,226% increase in value since last sale

Current estimated payment $4,379/month

255 Days on Market

About This Lot

As of March 2015

Beautiful wooded lot just 15 minutes to downtown Rochester.

Last Agent to Sell the Property

Lee Fleming

Edina Realty Rochester Listed on: 07/14/2014

Last Buyer's Agent

Agent Non-Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,252

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 135x279

Utilities

  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 842011070135

Property Details

Property Type

Land

Est. Annual Taxes

$1,252

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Parcel Number: 842011070135
  • Range: 14.00
  • Section: 20.00
  • Taxes With Assessments: 1252
  • Twp Number: 108.00
  • Estimated Number of Acres: 0.84
  • Additional Information: Easements, Platted
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Cable Tv, City Water, Electric, Shared Septic
  • On Site Utilities: City Water

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 135x279

Tax Info

  • Year: 2014
  • Tax Value: 1252

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2016
Sold by
Corban Homes Llc
Bought by
Grimm Larry R and Grimm Marcia D
Current Estimated Value
$689,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,400
Outstanding Balance
$321,430
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$366,128

Purchase Details

Closed on
Aug 21, 2015
Sold by
Corbal Investments Llp
Bought by
Corban 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
$318,000
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 14, 2014
Closed on
Mar 30, 2015
Sold by
Home Federal Savings Bank
Bought by
Corbal Investments Llp
Seller's Agent
Lee Fleming
Edina Realty Rochester
Buyer's Agent
Agent Non-Member
Non-Member
List Price
$66,500
Sold Price
$52,000
Premium/Discount to List
-$14,500
-21.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.30%
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
Grimm Larry R $426,469 Rochester Title
Corban Homes Llc $69,900 Hansen Title & Legal Svcs Ll
Corbal Investments Llp $260,000 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Larry R $100,000
Open Grimm Larry R $402,400
Previous Owner Corban Homes Llc $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $52,000 -21.8% --
03/26/2015 03/26/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $66,500 -- --
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 $6,852 $530,100 $100,000 $430,100
2023 $6,852 $530,100 $100,000 $430,100
2022 $5,968 $507,300 $100,000 $407,300
2021 $5,896 $472,100 $90,000 $382,100
2020 $6,060 $470,700 $90,000 $380,700
2019 $5,828 $462,700 $90,000 $372,700
2018 $5,640 $436,900 $80,000 $356,900
2017 $5,590 $423,300 $80,000 $343,300
2016 $1,320 $406,300 $79,900 $326,400
2015 $1,702 $75,000 $75,000 $0
2014 -- $75,000 $75,000 $0
2012 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lee Fleming

    Edina Realty Rochester

  • A

    Buyer's Agent in 2015

    Agent Non-Member

    Non-Member

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4648297

REALTOR® Association of Southern Minnesota

APN: 84.20.11.070135

Minnesota Olmsted County Oronoco 55960

880 Cedar Point Ln SE, Oronoco, MN

This home is located at 880 Cedar Point Ln SE, Oronoco, MN 55960 since 14 July 2014 and is currently estimated at $684,325. 880 Cedar Point Ln SE is a home located in Olmsted County with nearby schools including Century 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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