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  • $849,000

    24860 Smithtown Rd, Shorewood, MN 55331

    --beds
    --baths
    2.92Acres
    Unimproved Land
    Built in 1950
    2.92 Acres Lot
    $819,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare confidential opportunity in a highly desirable Excelsior location. CONFIDENTIAL LISTING — PLEASE DO NOT DISTURB TENANTS. The existing house is livable, but the primary value is in the land. This property presents an excellent opportunity for a buyer looking to tear down the current structure and build a custom luxury home or estate. The home is currently occupied by a long-term tenant paying reasonably fair rent under an annual lease agreement, providing interim income while future plans are made. Great potential for redevelopment in a sought-after area. DO NOT DISTURB TENANTS. SHOWINGS OR PROPERTY ACCESS BY APPOINTMENT ONLY. BUYERS & BUYERS AGENTS VERIFY ALL INFORMATION.
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    Zillow last checked: 7 hours ago

    Listing updated: March 09, 2026 at 09:10am

    Listed by:

    Rustam Muharamov 612-444-3333,

    Financially Free, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033243MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Lot
    • Size: 2.92 Acres
    • Topography: Other
    Details
    • Parcel number: 3311723240006
    • Zoning description: Residential-Single Family

    Utilities & green energy

    • Utilities for property: Other Available, Other Connected

    Community & HOA

    Community
    • Features: No
    • Subdivision: Auditors Sub 133
    HOA
    • Has HOA: No
    Location
    • Region: Shorewood

    Financial & listing details

    • Tax assessed value: $678,900
    • Annual tax amount: $7,799
    • Date on market: 3/9/2026
    • Inclusions: Other

    Estimated market value

    $819,600

    $779,000 - $861,000

    $2,392/mo

    Price history

    Price history
    DateEventPrice
    3/9/2026Listed for sale$849,000+99.8%
    Source: NorthstarMLS as distributed by MLS GRID #7033243 Report a problem
    3/9/2022Sold$425,000+18.1%
    Source: Public Record Report a problem
    1/21/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/18/2021Price change$2,200-12%
    Source: Zillow Rental Manager Report a problem
    12/10/2020Listed for rent$2,500
    Source: Zillow Rental Manager Report a problem
    11/10/2020Sold$360,000+63.4%
    Source: Public Record Report a problem
    4/1/2016Sold$220,299-6.1%
    Source: NorthstarMLS as distributed by MLS GRID #4613027 Report a problem
    1/28/2016Listed for sale$234,700-5%
    Source: REALHome Services and Solutions #4613027 Report a problem
    11/26/2015Listing removed$247,000
    Source: REALHome Services and Solutions #4613027 Report a problem
    10/6/2015Price change$247,000-5%
    Source: REALHome Services and Solutions #4613027 Report a problem
    9/9/2015Price change$260,000-5%
    Source: REALHome Services and Solutions #4613027 Report a problem
    8/11/2015Price change$273,600-5%
    Source: REALHome Services and Solutions #4613027 Report a problem
    7/16/2015Price change$287,900-5%
    Source: REALHome Services and Solutions #4613027 Report a problem
    6/19/2015Listed for sale$303,000-28.7%
    Source: REALHome Services and Solutions #4613027 Report a problem
    3/16/2015Listing removed$425,000+2.8%
    Source: RE/MAX Preferred #4531524 Report a problem
    10/10/2014Sold$413,616-2.7%
    Source: Public Record Report a problem
    9/27/2014Listed for sale$425,000
    Source: RE/MAX Preferred #4531524 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$7,799 +3.7%$678,900 +5.9%
    2024$7,520 +15.3%$641,100 -0.6%
    2023$6,523 +4.1%$645,100 +14.6%
    2022$6,264 +15.2%$563,000 +14.4%
    2021$5,436 -0.5%$492,000 +16.3%
    2020$5,462 +0.5%$423,000 +4.4%
    2019$5,436 -0.5%$405,000 -1.5%
    2018$5,462 +3.6%$411,000 +9.3%
    2017$5,273 +2.1%$376,000 +1.1%
    2016$5,164 -8.4%$372,000 +19.2%
    2015$5,637 +17.8%$312,000 +14.3%
    2014$4,783 +18.4%$273,000 +3%
    2013$4,038 +0.6%$265,000 -5%
    2012$4,014 -20.7%$279,000 -14.7%
    2011$5,064 -0.3%$327,000 -8.4%
    2010$5,080 -2.1%$357,000 -3.3%
    2009$5,190 +14.5%$369,000 +17.5%
    2006$4,534 +8.8%$314,100 +15%
    2005$4,167 +16.7%$273,200 +24.1%
    2004$3,572 +13%$220,200 +14.6%
    2002$3,162 -5.4%$192,200
    2001$3,343 --

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 55331

    Getting around

    17 / 100
    Car-Dependent
    58 / 100
    Bikeable

    Nearby schools

    GreatSchools rating

    Local experts in 55331

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