NOT LISTED FOR SALE

9092 Stephens Point Eden Prairie, MN 55347

Estimated Value: $2,328,000 - $3,362,000

0.63 Acre
$4,373,797 Price per Acre
27,443 Sq Ft Lot

Last Sold April 30, 2012

Last sale price $633,000

Est. 335% increase in value since last sale

Current estimated payment $17,597/month

20 Days on Market

Highlights

  • Waterfront
  • Agricultural
  • Lot Has A Rolling Slope
  • Prairie View Elementary School Rated A

About This Lot

As of April 2012

Three Lake Riley walkout lakeshore lots on the north side of the lake facing SSE. Each lot is at least .63 acre and lakeshore varies from 119 feet to 140 feet. Located near Bearpath GC and Lake Riley Park. Eden Prairie schools.

Last Agent to Sell the Property

Margaret Meyers

Edina Realty, Inc. Listed on: 01/11/2012

Last Buyer's Agent

Sarah Fischer Johnson

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,543

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • Lot Has A Rolling Slope
  • Few Trees

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$28,543

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 04/30/2012
  • Taxes With Assessments: 13050.46
  • Estimated Number of Acres: 0.63
  • Additional Information: Abstract, Easements, Platted, Survey
  • Development Status: Subdivided
  • Land Improvements: Paved
  • Topography: Rolling
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 298
  • Waterfront: Yes

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Schools

  • School District: Eden Prairie #272

Lot Info

  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
Apr 30, 2012
Sold by
Leu Karen M
Bought by
Johnson Brad and Johnson Allison
Seller's Agent
Margaret Meyers
Edina Realty, Inc.
Buyer's Agent
Sarah Fischer Johnson
Edina Realty, Inc.
List Price
$700,000
Sold Price
$633,000
Premium/Discount to List
-$67,000
-9.57%
Current Estimated Value
$2,755,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,122,492
Avg. Annual Appreciation
11.78%
Original Mortgage
$506,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2007
Sold by
G & L Land Investment Llc
Bought by
Leu Jeffery D and Leu Karen M
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
Johnson Brad $633,000 Custom Home Bldrs Title
Leu Jeffery D $3,133,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Brad $340,000
Open Johnson Brad $1,133,900
Closed Johnson Brad $200,000
Closed Johnson Brad $1,400,000
Closed Johnson Brad $1,240,000
Previous Owner Johnson Brad $506,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $633,000 -9.6% --
01/31/2012 01/31/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $700,000 -- --
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
2023 $28,543 $2,185,300 $944,700 $1,240,600
2022 $22,953 $1,798,300 $777,400 $1,020,900
2021 $22,795 $1,630,800 $705,000 $925,800
2020 $23,267 $1,630,800 $705,000 $925,800
2019 $23,541 $1,611,000 $700,000 $911,000
2018 $24,065 $1,611,000 $700,000 $911,000
2017 $24,453 $1,611,000 $700,000 $911,000
2016 $24,625 $1,611,000 $700,000 $911,000
2015 $11,170 $750,000 $650,000 $100,000
2014 -- $633,000 $633,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3533926

REALTOR® Association of Southern Minnesota

APN: 19-116-22-32-0011