Members dtm8119 Posted January 15, 2014 Members Share Posted January 15, 2014 Trophy Lakes Estates IV for sale: http://www.cbburnet.com/property/details/2101572/MLS-4439229/Xx-Trophy-Lake-Drive-New-Germany-MN-55367.aspx Link to comment Share on other sites More sharing options...
GOODESkier Posted January 15, 2014 Share Posted January 15, 2014 That is one heck of a tax bill......... Understandably so, but I wouldn't want to be stuck with that yearly expense while trying to make money off the properties. You could get some snowmobiling done around there though....... Link to comment Share on other sites More sharing options...
Baller A_B Posted January 15, 2014 Baller Share Posted January 15, 2014 I thought Ohio tax was bad. That tax rate is pre-construction. Throw a $250k house on each lot and lot owners won't have gas money leftover! Maybe why the project hit the skids? Link to comment Share on other sites More sharing options...
oldjeep Posted January 15, 2014 Share Posted January 15, 2014 Something looks really screwed up on that property tax amount. That is about 10 miles from my house and you don't pay 100K in property taxes even for a Million dollar house on lake Minnetonka. Link to comment Share on other sites More sharing options...
Baller kurt Posted January 15, 2014 Baller Share Posted January 15, 2014 wow ,the actual cost of the property is not bad but that tax is ridiculous . You would have to get it re-zoned to a more favorable zoning if 2-4 people bought it together Link to comment Share on other sites More sharing options...
oldjeep Posted January 15, 2014 Share Posted January 15, 2014 I assume that these were just lots for $175K http://www.zillow.com/homedetails/853-Trophy-Lake-Dr-New-Germany-MN-55367/97491792_zpid/ Looking at their tax amount on an assessed value of 152K it makes me think that those are non homesteaded tax rates. Link to comment Share on other sites More sharing options...
oldjeep Posted January 15, 2014 Share Posted January 15, 2014 Also looks like the tax value has dropped in half for 2013. View Larger Map Link to comment Share on other sites More sharing options...
klindy Posted January 15, 2014 Share Posted January 15, 2014 The taxes are probably several years accumulation - back taxes Link to comment Share on other sites More sharing options...
Baller ForrestGump Posted January 15, 2014 Baller Share Posted January 15, 2014 The city made a $1Million assessment to the original developer to recoup the cost of extending road and electricity to the subdivision. That might be where the tax amount came from. Link to comment Share on other sites More sharing options...
Razorskier1 Posted January 15, 2014 Share Posted January 15, 2014 Complicated situation. I doubt they find a buyer. Link to comment Share on other sites More sharing options...
oldjeep Posted January 15, 2014 Share Posted January 15, 2014 @Razorskier1 - I agree just based on location. hard sell to get 30+ people to want to pay $$$ to move to New Germany to live on a ditch in the middle of a corn field ;) For anyone who has actually been there, what does it smell like in the spring? Link to comment Share on other sites More sharing options...
Razorskier1 Posted January 15, 2014 Share Posted January 15, 2014 @oldjeep -- I ski there, usually only on weekends. Smells fine in the spring. If we get a really hot spell in late July it can get a little raunchy. Link to comment Share on other sites More sharing options...
oldjeep Posted January 16, 2014 Share Posted January 16, 2014 @Razorskier1 - so is it effectively a public lake right now, or do you know someone? From the google maps it looks like there is a pole barn and maybe 1 house on the lake - or are the aerial shots just out of date? Link to comment Share on other sites More sharing options...
Members The_MS Posted January 16, 2014 Members Share Posted January 16, 2014 The nice thing is that you are only about 1/2 mile to the T Road Tavern. Link to comment Share on other sites More sharing options...
Members dtm8119 Posted January 16, 2014 Author Members Share Posted January 16, 2014 @MS - my wife used to be a bartender there on the weekends. Fun bar!! Link to comment Share on other sites More sharing options...
Baller RazorRoss3 Posted January 16, 2014 Baller Share Posted January 16, 2014 @razorskier1 is a member, and the only standing structure is a boat house with 2 boats, 3 rail systems, and powered by a generator. Unless the twin cities and the suburbs expand west in a hurry you would be hard pressed to see people move put there any tine soon I think. Link to comment Share on other sites More sharing options...
xrated Posted January 16, 2014 Share Posted January 16, 2014 hmm an open pond in the middle of a corn field....anyone have the power to grant access for goose and duck season? Link to comment Share on other sites More sharing options...
Jdubs Posted January 16, 2014 Share Posted January 16, 2014 Just curious about how many slalom courses / ski jumps are on the other 10,000 lakes. Given the lay of the land, MN would not seem worth it to pay a premium when there is so much other lake access. Link to comment Share on other sites More sharing options...
Members The_MS Posted January 16, 2014 Members Share Posted January 16, 2014 @jdubs you need to be on a swamp or have a submersible. Getting a permit for a submersible is almost impossible. I used to live in range of 20 or so lakes and 2 had courses but you would have to pick and choose the prime time to ski due to traffic. I think that TLE4 in New Germany is zoned residential and sewer/power/water must be added to the project before any homes could be built. Jack may know more. Link to comment Share on other sites More sharing options...
oldjeep Posted January 16, 2014 Share Posted January 16, 2014 @jdubs - 4 that I know of on public lakes within 15 miles of my house and that isn't counting the Quarry, which is private. The trick is that most of them belong to clubs and you need to know the magic handshake to get them to rise and find out that they even exist. You do compete with the other lake traffic, so they are generally early morning/evening type use. Link to comment Share on other sites More sharing options...
Razorskier1 Posted January 16, 2014 Share Posted January 16, 2014 @oldjeep -- Private ski site with a group of owners plus the bank. Link to comment Share on other sites More sharing options...
Baller thager Posted January 17, 2014 Baller Share Posted January 17, 2014 @MS Going the submersible route was the only way I could get my permit. Link to comment Share on other sites More sharing options...
Baller 6balls Posted January 17, 2014 Baller Share Posted January 17, 2014 Great ski club site, magical water. Probably the way it stays. Link to comment Share on other sites More sharing options...
estrom Posted January 17, 2014 Share Posted January 17, 2014 @xrated, I was thinking the same thing. Link to comment Share on other sites More sharing options...
xrated Posted January 17, 2014 Share Posted January 17, 2014 @estrom we need to figure that out and have a BOS grindfest on the birds. Crap just saw you are in Cali...well maybe the new owners will invite you out for a fall tourny and shoot. Link to comment Share on other sites More sharing options...
Baller Lars Posted January 23, 2014 Baller Share Posted January 23, 2014 @Razorskier1 how much for a guy to get access to the lake? Link to comment Share on other sites More sharing options...
Razorskier1 Posted January 23, 2014 Share Posted January 23, 2014 @Lars -- whatever the bank will sell a lot for, but now that they are trying to sell it as a package they may not be amenable. Link to comment Share on other sites More sharing options...
Baller 6balls Posted January 23, 2014 Baller Share Posted January 23, 2014 ...they may eventually...I don't see it going as a package deal. If lots were reasonable and a guy could plant a motor home out there to use as a cabin there may be some sales. I'd love to buy a reasonable lot and put one out there, go out and hang out on some weekend days and ski a bunch of sets with naps in between! Link to comment Share on other sites More sharing options...
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