NOT LISTED FOR SALE

1015 1015 N Lakeshore Dr Lake City, MN 55041

Estimated Value: $401,000 - $528,000

2 Beds
2.5 Baths
2,340 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $192,500 $82 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,893/month

329 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Corner Lot
  • 0.6 Acre Lot
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2014

Multiple use property with unobstructed views of Lake Pepin!. Single family home? Duplex? Office w/ apartment? 2 kitchens with all appliances, 2 gas fireplaces, new windows and beautiful woodwork. Large lot with insulated two car garage and heated shop area. This property would make a fun family get-away to Lake City!

Last Agent to Sell the Property

Randy Meincke

Meincke-Schurhammer Real Estate, LL Listed on: 08/19/2013

Co-Listed By

Diane Schurhammer

Meincke-Schurhammer Real Estate, LL

Last Buyer's Agent

Sonda Featherstone

Featherstone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,002

Year Built

  • 1916

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 110x134
  • Property fronts a highway
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 541200190

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,002

Year Built

1916

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork
  • Amenities Exterior: Deck, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.6
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 541200190
  • Stories: 2 Story
  • Street Designation: Drive
  • Taxes With Assessments: 3866
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, 2nd Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Bedroom, 13x19, On Level: Second Floor
  • Room 2: Bedroom, 12x12, On Level: Second Floor
  • Room 4: Den/Office, 7x11, On Level: Main
  • Room 5: Dining Room, 11x11, On Level: Main
  • Room 6: Family Room, 13x22, On Level: Basement
  • Room 7: On Level: Main
  • Room 9: Kitchen, 14x15, On Level: Main
  • Room 11: On Level: Basement
  • Room 12: Living Room, 16x17, On Level: Second Floor
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2040
  • Below Grade Finished Sq Ft: 300
  • Total Fin Square Footage: 2340
  • Total Square Footage: 3060

Exterior Features

  • Frontage Road: Highway, Paved
  • Construction Type: Frame/Wood
  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central, Wall
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Lake City #813

Lot Info

  • Estimated Lot Dimensions: 110x134
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Aug 4, 2014
Sold by
Lake City Federal Bank
Bought by
Rainwater Margo Hernandez
Seller's Agent
Randy Meincke
Meincke-Schurhammer Real Estate, LL
Buyer's Agent
Sonda Featherstone
Featherstone Real Estate, LLC
List Price
$229,900
Sold Price
$192,500
Premium/Discount to List
-$37,400
-16.27%
Current Estimated Value
$453,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,469
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
May 13, 2013
Sold by
Grundman Donald T and Grundman Kathleen R
Bought by
Lake City Federal Bank

Purchase Details

Closed on
Jun 1, 2005
Sold by
Kirchmaier Robert J and Chrysler Margaret H
Bought by
Grundman Donald T and Grundman Kathleen R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rainwater Margo Hernandez $192,500 None Available
Lake City Federal Bank $45,000 --
Grundman Donald T $310,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2014 08/04/14 Sold $192,500 -16.3% $82 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
08/19/2013 08/19/13 For Sale $229,900 -- $98 / 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
2025 $6,002 $473,500 $117,300 $356,200
2024 -- $446,800 $117,300 $329,500
2023 $5,796 $435,600 $117,300 $318,300
2022 $4,864 $435,600 $117,300 $318,300
2021 $4,726 $325,200 $117,300 $207,900
2020 $4,532 $321,000 $117,300 $203,700
2019 $4,616 $308,100 $113,900 $194,200
2018 $4,084 $308,400 $113,900 $194,500
2017 $4,060 $277,300 $113,900 $163,400
2016 $4,178 $284,000 $113,900 $170,100
2015 $4,120 $283,400 $113,900 $169,500
2014 -- $272,100 $113,900 $158,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Randy Meincke

    Meincke-Schurhammer Real Estate, LL

  • D

    Seller Co-Listing Agent in 2014

    Diane Schurhammer

    Meincke-Schurhammer Real Estate, LL

  • S

    Buyer's Agent in 2014

    Sonda Featherstone

    Featherstone Real Estate, LLC

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4524799

REALTOR® Association of Southern Minnesota

APN: 54.120.0190

Minnesota Goodhue County Lake City 55041

1015 1015 N Lakeshore Dr, Lake City, MN

Not Listed for Sale

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