Seller's Agent in 2024
Michael Distad
Coldwell Banker Burnet
(612) 275-1343
10 in this area
164 Total Sales
93 Otis Ln Saint Paul, MN 55104
Union Park Neighborhood
0.28
Acre
$1,785,714
Price per Acre
12,197
Sq Ft Lot
About This Lot
As of July 2024Once in a lifetime opportunity to build a luxury custom home with Streeter Custom Builder in the Mississippi River Vista Development in Shadow Falls! Mississippi River Vista is an enclave of luxury custom-built homes on 6 homesites in the heart of the city! This opportunity is only available as a result of our clients having to relocate out of state. This is the last lot available to build your dream home on Otis Lane! This home will be a masterpiece of design and craftsmanship with one of the most desirable addresses in the city! Don’t miss your chance, go visit the site and fall in love!
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,172
Lot Details
- Lot Dimensions are 115x106x110x130
- Few Trees
- Finished Lot(s)
HOA Fees
- $104 Monthly HOA Fees
Property Views
- River Views
Community Details
- Association fees include shared amenities
- Streeter Custom Builder Association, Phone Number (651) 230-9200
- Built by STREETER CUSTOM BUILDER
- Merriam Park/Lexington Hamline Subdivision
Listing and Financial Details
- Assessor Parcel Number 052823130095
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Jul 30, 2024
Sold by
Bc Middleton Llc
Bought by
Tessmer Joseph M D and Tessmer Elizabeth H
Seller's Agent
Michael Distad
Coldwell Banker Realty
Buyer's Agent
Krista Wolter
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,795,000
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,162,043
Avg. Annual Appreciation
-40.65%
Original Mortgage
$2,000,000
Outstanding Balance
$1,978,685
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$345,728
Purchase Details
Listed on
Mar 3, 2023
Closed on
Feb 29, 2024
Sold by
Mansur Alicia and Mansur Jason
Bought by
Bc Middleton Llc
Seller's Agent
Christopher Ames
RE/MAX Results
Buyer's Agent
Christopher Ames
RE/MAX Results
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
164
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6552.05%
Purchase Details
Closed on
Jun 1, 2022
Sold by
104 Mrb Llc
Bought by
Mansur Alicia and Mansur Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,980
Interest Rate
5.3%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $721,500 | Pillar Title | |
| Deed | $500,000 | -- | |
| Deed | $389,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $252,980 | Construction | |
| Previous Owner | $252,980 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $2,795,000 | 0.0% | $515 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | For Sale | $2,795,000 | +459.0% | $515 / Sq Ft |
| 02/29/2024 02/29/24 | Sold | $500,000 | 0.0% | -- |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | Price Changed | $499,900 | -4.8% | -- |
| 03/03/2023 03/03/23 | For Sale | $525,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $7,604 | $1,040,000 | $410,000 | $630,000 |
| 2024 | $7,604 | $410,000 | $410,000 | -- |
| 2023 | $7,604 | $410,000 | $410,000 | $0 |
| 2022 | $8,172 | $410,000 | $410,000 | $0 |
| 2021 | $7,452 | $464,700 | $464,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2024
Christopher Ames
RE/MAX
(651) 230-9200
7 in this area
158 Total Sales
-
Seller Co-Listing Agent in 2024
Tom Distad
Coldwell Banker Burnet
(612) 432-4771
12 in this area
157 Total Sales
-
Seller Co-Listing Agent in 2024
Alicia Mansur
eXp Realty
(218) 851-6856
1 in this area
8 Total Sales
-
Buyer's Agent in 2024
Krista Wolter
Coldwell Banker Burnet
(612) 247-5106
7 in this area
525 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6338308
APN: 05-28-23-13-0095
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