NOT LISTED FOR SALE

1010 Drake Ct Independence, MN 55359

Estimated Value: $1,071,000 - $1,209,000

4 Beds
2.5 Baths
4,477 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $581,020 $130 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,085/month

116 Days on Market

Highlights

  • 4.14 Acre Lot
  • Fireplace
  • Forced Air Heating and Cooling System
  • Schumann Elementary School Rated A-
  • 3 Car Attached Garage

About This Home

As of March 2015

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITH NO REPAIRS, WARRANTY or WATER ACTIVATION. AUCTION LISTING (web tech fee and buyer premium (BP) apply) or TRADITIONAL LISTING (no BP). Buyer should have representation, inspection, and verify dimensions.

Last Agent to Sell the Property

Ed DonFrancesco

REALHome Services Listed on: 10/16/2014

Last Buyer's Agent

Joe Cashmore

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 2005

Lot Details

  • 4.14 Acre Lot
  • Lot Dimensions are 403x440

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 2611824310014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,965

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 4.14
  • Construction: Previously Owned
  • Foundation Size: 1565
  • Parcel Number: 2611824310014
  • Projected Closed Date: 03/31/2015
  • Stories: 2 Story
  • Street Designation: Court
  • Taxes With Assessments: 7965
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 12x16, On Level: Main
  • Room 2: Dining Room, 14x15, On Level: Main
  • Room 3: Family Room, 18x20, On Level: Main
  • Room 4: Kitchen, 13x16, On Level: Main
  • Room 5: Bedroom, 16x18, On Level: Upper
  • Room 6: Bedroom, 12x16, On Level: Upper
  • Room 7: 12x14, On Level: Upper
  • Room 8: Bedroom, 12x14, On Level: Upper
  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 3225
  • Below Grade Finished Sq Ft: 1252
  • Total Fin Square Footage: 4477

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 403x440

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2014
  • Tax Value: 7965

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Mar 25, 2015
Sold by
U S Bank National Association
Bought by
Berg Steven C and Berg Whitney J
Seller's Agent
Ed DonFrancesco
REALHome Services
Buyer's Agent
Joe Cashmore
Keller Williams Premier Realty
List Price
$477,000
Sold Price
$581,020
Premium/Discount to List
$104,020
21.81%
Current Estimated Value
$1,150,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,067
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Messerli David M
Bought by
Us Bank National Association

Purchase Details

Closed on
May 2, 2007
Sold by
Envision Real Estate
Bought by
Messerli David M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berg Steven C $556,000 Attorney
Us Bank National Association $554,113 None Available
Messerli David M $780,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $581,020 +21.8% $130 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $477,000 -- $107 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,846 $957,200 $304,000 $653,200
2023 $11,859 $983,300 $332,500 $650,800
2022 $9,761 $828,000 $209,000 $619,000
2021 $9,664 $716,000 $176,000 $540,000
2020 $9,175 $705,000 $176,000 $529,000
2019 $9,054 $654,000 $166,000 $488,000
2018 $9,085 $637,000 $166,000 $471,000
2017 $9,108 $629,000 $166,000 $463,000
2016 $8,461 $594,000 $154,000 $440,000
2015 $8,352 $594,000 $154,000 $440,000
2014 -- $564,000 $152,000 $412,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Ed DonFrancesco

    REALHome Services

  • J

    Buyer's Agent in 2015

    Joe Cashmore

    Keller Williams Premier Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4684895

REALTOR® Association of Southern Minnesota

APN: 26-118-24-31-0014

Minnesota Hennepin County Independence 55359

1010 Drake Ct, Independence, MN

This home is located at 1010 Drake Ct, Independence, MN 55359 since 16 October 2014 and is currently estimated at $1,150,087, approximately $256 per square foot. This property was built in 2005. 1010 Drake Ct is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes