NOT LISTED FOR SALE

9065 Hwy 7 SW Montevideo, MN 56265

Estimated Value: $818,552

85.27 Acres
$9,600 Price per Acre
3,714,361 Sq Ft Lot

Last Sold March 14, 2023

Last sale price $698,361

Est. 17% increase in value since last sale

Current estimated payment $4,787/month

50 Days on Market

About This Lot

As of March 2023

Great opportunity to invest in prime Chippewa County Farmland. Good soils with a CPI of 90.7! Highway access

Last Agent to Sell the Property

Jesse Hughes

Hughes Real Estate and Auction Listed on: 10/17/2022

Last Buyer's Agent

Jesse Hughes

Hughes Real Estate and Auction Listed on: 10/17/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,252

Lot Details

  • Lot Dimensions are 3868x1970

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150271200

Property Details

Property Type

Land

Est. Annual Taxes

$3,252

Lot Details

0

Listing Details

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

Interior Features

  • Inclusions: For Sale Sign,Survey

Exterior Features

  • Farm Type: Crop

Utilities

  • Utilities: None Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Montevideo
  • SchoolDistrictNumber: 129
  • SchoolDistrictPhone: 320-269-8833

Lot Info

  • Topography: Rolling
  • Lot Size: 3868x1970
  • Land Lease: No
  • Cultivated Acreage: 85.03
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Crop Type: Beans,Beets,Corn,Grain,Wheat

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 150271200
  • Tax Annual Amount: 3252
  • TaxWithAssessments: 3252.0000
  • TaxableAcres: 85.270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Feb 24, 2023
Sold by
Bunn Robert D and Bunn Theresa D
Bought by
Kanten Mace T and Kanten Brandi L
Seller's Agent
Jesse Hughes
Hughes Real Estate and Auction
Buyer's Agent
Jesse Hughes
Hughes Real Estate and Auction
List Price
$1
Sold Price
$698,361
Premium/Discount to List
$698,360
69836000%
Views
32
Current Estimated Value
$818,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,191
Avg. Annual Appreciation
6.59%
Original Mortgage
$400,000
Outstanding Balance
$387,352
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$431,200

Purchase Details

Closed on
Nov 8, 2022
Sold by
Bunn Robert D and Bunn Theresa D
Bought by
Mortenson Stacy and Mortenson Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,720
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 2022
Sold by
Bunn Robert D and Bunn Theresa D
Bought by
Mortenson Meghan and Sletten Collin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,720
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 27, 2007
Sold by
Bunn Robert D and Bunn Linda E
Bought by
Bunn Robrt D
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
Kanten Mace T $698,360 None Listed On Document
Mortenson Stacy $223,000 --
Mortenson Meghan $215,000 --
Bunn Robrt D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanten Mace T $400,000
Previous Owner Mortenson Stacy $225,720
Previous Owner Mortenson Meghan $172,000
Previous Owner Bunn Robert D $150,000
Previous Owner Bunn Robert D $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $698,361 +69836000.0% --
12/06/2022 12/06/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $1 -- --
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 $4,340 $674,600 $674,600 $0
2024 $3,882 $681,700 $681,700 $0
2023 $1,734 $645,900 $645,900 $0
2022 $3,252 $1,029,200 $979,800 $49,400
2021 $3,192 $985,200 $935,400 $49,800
2020 $3,212 $997,300 $952,200 $45,100
2019 $3,046 $996,300 $951,200 $45,100
2018 $2,998 $960,160 $0 $0
2017 $3,200 $1,000,000 $0 $0
2016 $3,160 $982,600 $0 $0
2015 -- $990,700 $0 $0
2014 -- $990,700 $0 $0
2013 -- $990,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6272585

NorthstarMLS

APN: 15-027-1200