NOT LISTED FOR SALE

8904 115th St NW Pine Island, MN 55963

Estimated Value: $468,000

40 Acres
$11,627 Price per Acre
1,753,290 Sq Ft Lot

Last Sold March 07, 2019

Last sale price $350,000 $147 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,750/month

39 Days on Market

Highlights

  • Community Stables
  • 40.25 Acre Lot
  • Pole Barn
  • Panoramic View
  • Wood Flooring
  • No HOA

About This Lot

As of March 2019

Rare opportunity to own your own 40+ acre private sanctuary only minutes from Pine Island and Rochester. Beautiful tranquil setting for you to relax in the country overlooking panoramic views of land and sky.
Outstanding location for your hobby farm or business. Bring your livestock and make use of all the outbuildings or use the property for rental income from crop and building rents. The value of the property is impressive with the house, barn with feed lot and attached garage.

Last Listed By

James Phillips

Edina Realty, Inc. Listed on: 01/24/2019

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1910

Lot Details

  • 40.25 Acre Lot
  • Poultry Coop
  • Wood Fence
  • Wire Fence
  • Irregular Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Metal Roof
  • Fiberglass Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Panoramic Views
  • Dryer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space

Farming

  • Machine Shed
  • Silo
  • Agricultural

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 851522081374

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Pole Barn
  • Storage Shed
  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$1,336

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Type: Farm
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Fiber Board
  • Garage Spaces: 3.00
  • Accessibility Features: Partially Wheelchair
  • Water Source: Well
  • Fuel Type: Propane
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1400.00
  • Above Grade Finished Area Search: 1400.00
  • Above Grade Finished Sq Ft: 1400.00
  • Assessment Pending Y N: No
  • Below Grade Total Sq Ft: 988.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 6184
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • HabitableResidenceYN: Yes
  • Improvement Type: None
  • Inclusions Type: For Sale Sign
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6184
  • Living Area Finished: 1400.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 988.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 851522081374
  • Property Out Building Type: Barn(s), Hen house, Other, Pole Building, Shed - Machine, Shed - Storage, Silo, Stables
  • Rental License: No
  • Stories Type: One and One Half
  • Tillable Area: 26.00
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Crawl Space, Partial, Unfinished
  • Appliances: Dishwasher, Dryer, Fuel Tank - Rented, Range, Refrigerator
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 2388.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Metal
  • Fencing: Wire, Wood

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private, Tank with Drainage Field
  • Utilities: Electricity Available, Electricity Connected, Private Septic Available, Private Septic Connected, Private Well Available, Private Well Connected, Propane Available, Propane Connected
  • Electric: Fuses

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Main Floor Master Bedroom, Panoramic View, Porch, Washer/Dryer Hookup

Schools

  • School District: 255 - Pine Island
  • School District Phone: 507-356-4849

Lot Info

  • Zoning: Agriculture
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Out Building Count: 8
  • Assessment Pending: No
  • Lot Size: Irreg
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 40.2500
  • Lot Size Area Units: Square Feet
  • PastureArea: 10.00

Tax Info

  • TaxLegalDescription: SECT-15 TWP-108 RANGE-015 40.25 AC W1/2 W1/2 NW1/4 ALONG WITH TH PT DES AS COM AT NECOR NW1/4 NW1/4 TH W40RDS TH S55RDS TO PT OF BEG TH E4RDS TH S10RDS TH W4RDS TH N10RDS TO BEG SEC 15 108-15
  • Tax Amount: 1336.00
  • Tax Year: 2018
  • Tax With Assessments: 1336.00
  • Assessor Parcel Number: 851522081374

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 255 - Pine Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 7, 2019
Sold by
Horton Gary Gary
Bought by
Kosmicki Lavonne Lavonne
Seller's Agent
James Phillips
Edina Realty, Inc.
List Price
$350,000
Sold Price
$350,000
Total Days on Market
39
Current Estimated Value
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,000
Avg. Annual Appreciation
4.82%
Original Mortgage
$60,000
Interest Rate
4.41%

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 14, 2014
Sold by
Klann Connie J and Klann David G
Bought by
Horton Gary S and Horton Pamela R
Seller's Agent
Brad Jech
Tony Montgomery Realty & Auction
List Price
$1
Sold Price
$244,100
Premium/Discount to List
$244,099
24409900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$329,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Kosmicki Lavonne Lavonne $350,000 --
Horton Gary S $244,100 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosmicki Lavonne M $135,000
Closed Kosmicki Lavonne Lavonne $60,000
Closed Kosmicki Lavonne Lavonne --
Previous Owner Horton Gary S $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $350,000 0.0% $147 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $350,000 0.0% $147 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $350,000 +43.4% $147 / Sq Ft
09/10/2014 09/10/14 Sold $244,100 +24409900.0% $129 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $1 -- $0 / Sq Ft
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
2023 $1,856 $279,200 $262,100 $17,100
2022 $1,475 $245,200 $228,100 $17,100
2021 $1,598 $227,300 $210,200 $17,100
2020 $1,734 $223,300 $210,200 $13,100
2019 $2,327 $215,800 $202,700 $13,100
2018 $2,412 $129,000 $60,000 $69,000
2017 $2,608 $337,600 $257,700 $79,900
2016 $2,856 $310,900 $234,200 $76,700
2015 $2,746 $313,400 $234,200 $79,200
2014 -- $305,000 $225,800 $79,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5141596

NorthstarMLS

APN: 85.15.22.081374