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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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8/15/2023 7:19:49 AM
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12/13/2021 11:21:45 AM
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BETTENDORF ROHRER KNOCHE WALL,INC. <br /> I <br /> SUBJECT NEIGHBORHOOD <br /> I <br /> The subject property is located in the southwest part of Orono about one block west of Forest <br /> ILake on Wildhurst Trail, an interior blacktop residential side street which provides single lane <br /> traffic in each direction. The subject has frontage on the west side of Wildhurst Trail about 1/3 <br /> ' mile north of Tonkaview Lane and just south of Highview Lane, a dead-end cul-de-sac street. <br /> On the immediate south of the subject Lot 58 on Wildhurst Trail is an older single story house <br /> Ibuilt in 1946 with an assessed market value of$117,800. Two lots south of the subject Lot 58 <br /> is a single story house built in 1945 with an assessed value of $114,600. The lot on the <br /> southwest corner of Wildhurst Trail and Highview Lane, to the immediate north of subject Lot <br /> 58, is vacant. About 900' south of the subject on the west side of Wildhurst is a 7 acre tract of <br /> land that has been offered for sale for several years. <br /> I P <br /> Highview Lane has a few newer upper scale homes with lakeshore frontage on Forest Lake <br /> 9 <br /> I which has channel access into Lake Minnetonka. Older, modest ramblers are also on Highview <br /> Lane. The mixture of modest and upper scale housing is typical for the neighborhood as new <br /> housing intermixes with established homes. Tonkaview Lane also has several older homes <br /> Ialong with a few newer good quality houses. <br /> Wildhurst Trail ends just north of Highview Lane. Much of the land to the north of the subject is <br /> Iundeveloped. Lakeshore Golf Course is about 1/4 mile north of the subject. <br /> I <br /> The subject property lies within the Westonka School District. Parts of Orono are in this district <br /> and portions are in the more prestigious Orono School District. <br /> IAbout one block west of Wildhurst Trail on the north side of Tonkaview Lane is the platted but <br /> undeveloped Garden Lane. This public street was platted several years ago but has never <br /> I been improved. The street must be improved to provide access to the majority of the subject <br /> land, if developed. The subject property is about 700' north of Tonkaview Lane via the Garden <br /> Lane right-of-way. <br /> Overall, the subject location is considered to have fair to average appeal as compared to other <br /> I <br /> Lake Minnetonka residential areas. <br /> I <br /> I <br /> I <br /> 24 <br />
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