NOT LISTED FOR SALE

XXX 87th St NE Otsego, MN 55330

Estimated Value: $436,000

2.3 Acres
$189,565 Price per Acre
100,188 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $680,000

Est. 36% decrease in value since last sale

Current estimated payment $2,864/month

492 Days on Market

About This Lot

As of May 2024

Located in Great River Center development, parcel can be split into approx. 1.15 acres each or 50.135 feet. HIGH traffic area! Excellent site next to Wings Financial, Tires Plus and across from Super Target!!

Last Agent to Sell the Property

Bill Christian

Keller Williams Integrity NW Listed on: 01/16/2023

Keller Williams Integrity NW

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,764

Lot Details

  • Lot Dimensions are 252x376x256x386
  • Cleared Lot

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118262000010

Property Details

Property Type

Land

Est. Annual Taxes

$14,764

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Storm Sewer
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,For Sale Sign,Platted,Survey,Survey Stakes

Exterior Features

  • Fencing: None
  • Farm Type: None
  • Soil Type: Clay

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • Topography: Level
  • Lot Size: 252x376x256x386
  • Land Lease: No
  • Lot Features: Cleared, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: Unknown
  • Crop Type: None

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 118262000010
  • Tax Annual Amount: 14764
  • TaxWithAssessments: 14764.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
The Karen S Anderson Irrevocable Trust
Bought by
Graceland Otsego Holdings Llc
Current Estimated Value
$436,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$143,895
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2019
Sold by
Otsego Grc Llc
Bought by
Anderson Duane J and Karen S Anderson Irrevocable Trust

Purchase Details

Closed on
Oct 4, 2012
Sold by
Ryan Companies Us Inc
Bought by
Otsego Grc Llc

Purchase Details

Closed on
Jun 22, 2006
Sold by
Appello Group Llc
Bought by
Ryan Companies Us Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Graceland Otsego Holdings Llc $150,000 --
Anderson Duane J $120,000 None Available
Otsego Grc Llc $1,020,000 --
Ryan Companies Us Inc $687,133 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graceland Otsego Holdings Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Pending -- -- --
05/22/2024 05/22/24 Sold $680,000 0.0% --
01/16/2023 01/16/23 For Sale $680,000 -- --
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 $5,916 $325,400 $325,400 $0
2024 $5,916 $325,400 $325,400 $0
2023 $6,548 $301,000 $301,000 $0
2022 $4,812 $292,900 $292,900 $0
2021 $4,874 $201,700 $201,700 $0
2020 $6,766 $201,700 $201,700 $0
2019 $6,670 $201,700 $0 $0
2018 $6,706 $201,700 $0 $0
2017 $6,842 $201,700 $0 $0
2016 $7,080 $0 $0 $0
2015 $7,454 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6324020

NorthstarMLS

APN: 118-239-001040