Vacant land at 915 Tonkawa Rd in Orono sells for $3.95 million

The vacant land at 915 Tonkawa Rd in Orono sold for $3,950,000 on October 2, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. Its price was 98% above the last sale on record: $2,000,000 in 2018.

The record lists Shane A. Goodman and Carolin B. Goodman as the sellers. It lists Derrick Jan Bilderbeek and Dyan Jean Bilderbeek Padgett as the buyers.

Assessor's records list the parcel as vacant land measuring 91,476 square feet, with a market value of $3,051,700. No building appears in those records.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $13,430 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $7,887.50 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $3,917,048. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $3,939,706 at closing. That covers the full price and closing costs.

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