Last Sold Price
239,580 Lot Size5.5 Acres
500 Hamel Rd, Medina, MN 55340

Description

Great Mixed use parcel - - Check with city of Medina for Phase I & II studies that are available. Close to new Target and Hwy 55. Large parcel with a lot of possibilities. Zoning recently changed to uptown Hamel with density of 15 units per acre.Great Mixed use parcel - - Check with city of Medina for Phase I & II studies that are available. Close to new Target and Hwy 55. Large parcel with a lot of possibilities. Zoning recently changed to uptown Hamel with density of 15 units per acre.
LISTING CLOSED: 07/27/2023 12:12 AM

Property Details for 500 Hamel Road

Status
MLS #
5324697
Days on Compass
1008
Taxes
$3,714 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
5.50 AC
Subdivision Name
Auditors Sub 241
Zoning Jurisdiction
Business/Commercial,Residential-Multi-Family

Recent comparable sales

Median sold price

$1,032,000

Avg days on market

294

Sale-to-list ratio

88.2%

Medina, MN

9 comparable properties found

$375,000 | 1548 Marsh Pointe Court, Medina, MN 55340
1/4
1

$375,000

Sold 10/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$305,000 | 1592 Marsh Pointe Court, Medina, MN 55340
1/7
2

$305,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.41
Acres
$865,000 | 2335 Pinto Drive, Medina, MN 55391
3

$865,000

Sold 02/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.08
Acres
$1,205,000 | 1735 Medina Road, Medina, MN 55356
1/15
4

$1,205,000

Sold 07/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20.79
Acres
5

$1,100,000

Sold 12/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.77
Acres
$515,000 | 3600 Pioneer Trail, Medina, MN 55340
6

$515,000

Sold 05/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.89
Acres
$1,299,000 | 2505 Pioneer Trail, Medina, MN 55340
7

$1,299,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
22.81
Acres
$1,199,000 | 2515 Pioneer Trail, Medina, MN 55340
8

$1,199,000

Sold 03/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
29.88
Acres
$1,350,000 | 2805 Pioneer Trail, Medina, MN 55340
1/9
9

$1,350,000

Sold 01/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
39.83
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

Add your commute

Building Information for 500 Hamel Road

Lot Size5.50 AC

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$2,724 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$310

HOA Dues

$0

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Property Information for 500 Hamel Road

Summary
Location and General Information
  • City Name: Medina
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Hwy 55 to Sioux Road (intersection of 101-Brockton Ln N) south to Hamel Rd, west to lot.
  • Latitude: 45.043319
  • Longitude: -93.535601
  • Map Coordinate: 90-A2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Medina
  • City and Location Text: Medina(MN)
  • Postal Code: 55340
  • State Or Province: MN
  • Public Survey Township: 118
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1211823310047
  • Tax Annual Amount: $3,714.00
  • Tax Legal Description: LOT 005 AUDITOR'S SUBD. NO. 241 THAT PART OF LOT 5 DESC AS BEG AT NW COR THOF TH S TO SW COR THOF TH SELY TO SE COR THOF TH N ALONG THE E LINE THOF TO A PT DIST 30 FT SWLY AT R/AS FROM THE NLY LINE OF
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2020
  • Tax With Assessments: 3893.0000
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 763-745-5000
Property
Lot Information
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Lot Size Area: 5.5
  • Lot Size Dimensions: 548x243x466x202
  • Lot Size Units: Acres
  • Property Type: Land
Utilities
  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: City Street, Paved Streets

Property History for 500 Hamel Road

DateEvent & SourcePriceAppreciation
Jul 27, 2023

Sold

NorthStar #5324697

Jul 26, 2022

Pending

NorthStar #5324697

Jul 11, 2022

Sold (Public Record)

Public Record #1493946646

$1,600,000
DateEvent & SourcePrice
07/27/2023

Sold

NorthStar #5324697

07/26/2022

Pending

NorthStar #5324697

07/11/2022

Sold (Public Record)

Public Record #1493946646

$1,600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Hamel Road

Taxable ValueLand$1,200,000Additions-Total$1,200,000
Tax Record2025$15,957 ($1,330 / month)
Home Facts
Lot Size293,159 SqFtStyleCommercialCountyHENNEPINAPN12-118-23-31-0048

Schools near 500 Hamel Road

This home is within Wayzata Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Greenwood Elementary School
PublicK to 5

Wayzata West Middle School
Public6 to 8

Wayzata High School
Public9 to 12

Wayzata Transition School
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 500 Hamel Road, Medina, MN 55340
$475,000
239,580
3
1
1,554
43,560
$829,000
23,522
$336,000
4
2,108
50,093
3
1.75
1,236
39,640
$520,000
3,888
24,829

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information submitted to the MLS GRID as of 07/27/2023 12:12 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.