NOT LISTED FOR SALE

1032 Lake Francis Ln Elysian, MN 56028

Estimated Value: $833,000 - $1,042,000

3 Beds
4 Baths
5,304 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $715,000 $135 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,730/month

140 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Two Primary Bathrooms
  • Deck
  • Beach Access
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of November 2020

Enjoy lake living in this custom built home located on 175 feet of lakeshore on Lake Francis, a Southern Minnesota premier spring fed lake in Elysian! This remarkable home is surrounded by a captivating setting with breathtaking lake views. As soon as you step inside you will notice the elegance, quality, and fine finishes found throughout. The main floor living room features a wood ceiling accented with beams and extends into an open sitting area featuring a brick gas fireplace and access to the 3-tier, maintenance-free deck overlooking the lake. Next, and focal point of the main floor is the dramatic 2-story ceiling with open staircase and balcony above. This open area also includes beautiful hardwood flooring, an updated kitchen boasting crisp white cabinets, brick backsplash and granite countertops; plus, a vaulted formal dining room where you are surrounded by windows. Next, you will find one of the two spacious master suites with an updated ¾ bathroom, deck access and stunning windows. A guest bedroom and charming ¾ bathroom with clawfoot tub finishes up the main floor. Up on the second level is the master retreat with its own living space showcasing hardwood flooring, paneled walls, built-ins, coffered wood ceiling, corner gas fireplace and even a secret safe room to store your valuables! The bedroom features yet another gas fireplace and walk-in closet. The master en suite offers a large walk-in shower, double sink vanity and large jet bathtub with a rock water feature wall. The walkout lower level includes open living areas, an updated ¾ bathroom with laundry, and access to a screened-in porch. Finally, you will see what makes this lakefront home a dream... the expansive 1200 square foot deck which includes a center fire pit and gazebo! Lastly, this property offers a large yard with fruit trees, 3-stall detached garage, garden area and driveway with a center roundabout. This one-of-a-kind home is ready for new owners, schedule your tour today!

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 04/27/2020

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,432

Year Built

  • 1980

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 114x166x187x248
  • 175 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Outdoor Water Feature
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 04.034.3200

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,432

Year Built

1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt, Porch, Water Feature
  • Estimated Number of Acres: 0.83
  • Beach Type: Rocky
  • Construction: Previously Owned
  • Foundation Size: 2022
  • L V T Date: 04/28/2020
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Sump Pump
  • Parcel Number: 04.034.3200
  • Price Per Square Foot: 145
  • Sold Price Per Sq Ft: 135
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 6818
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, 3/4 Master, Full Master, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower, Two Master Baths, Whirlpool
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x23, On Level: Main
  • Room 2: Dining Room, 13x16, On Level: Main
  • Room 3: Kitchen, 12x16, On Level: Main
  • Room 4: Master Bedroom, 12x22, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Main
  • Room 6: Master Bedroom, 16x20, On Level: Upper
  • Room 7: 25x25, On Level: Upper
  • Room 8: Family Room, 13x14, On Level: Lower
  • Room 9: Utility Room, 6x8, On Level: Lower
  • Room 10: Den/Office, 12x26, On Level: Lower
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3804
  • Below Grade Finished Sq Ft: 1500
  • Tot Above Grade Sq Ft: 3804
  • Total Fin Square Footage: 5304
  • Total Square Footage: 5304
  • Tot Below Grade Sq Ft: 1500

Exterior Features

  • Frontage Road: Gravel, Private
  • Waterfront Name: Francis
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 175
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3
  • Garage Square Footage: 936

Utilities

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

Schools

  • School District: Waterville-Elysian-Morristown #2143

Lot Info

  • Estimated Lot Dimensions: 114x166x187x248
  • Lot/Land Description: Accessible Shoreline, Cul De Sac, Landscaped, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Nov 23, 2020
Sold by
Stransky Reid Reid
Bought by
Barbies Dream Haus Llc
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$799,900
Sold Price
$715,000
Premium/Discount to List
-$84,900
-10.61%
Current Estimated Value
$910,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,183
Avg. Annual Appreciation
4.78%
Original Mortgage
$623,949
Outstanding Balance
$565,818
Interest Rate
2.72%
Estimated Equity
$324,660
Source: Public Records

Range of Values:

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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
-- $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed -- $623,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $715,000 -7.0% $135 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $769,000 -3.9% $145 / Sq Ft
04/27/2020 04/27/20 For Sale $799,900 -- $151 / 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 $8,432 $942,700 $417,100 $525,600
2024 $7,442 $923,800 $404,200 $519,600
2023 $7,570 $874,300 $368,000 $506,300
2022 $7,376 $835,600 $360,000 $475,600
2021 $6,682 $711,800 $310,000 $401,800
2020 $6,818 $643,100 $260,200 $382,900
2019 $6,198 $649,900 $260,200 $389,700
2018 $6,183 $584,700 $260,200 $324,500
2017 $5,147 $565,300 $260,201 $305,099
2016 $4,858 $560,300 $255,200 $305,100
2015 $4,843 $560,300 $255,200 $305,100
2014 $4,661 $558,300 $250,200 $308,100
2013 $4,631 $558,300 $250,200 $308,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023883

REALTOR® Association of Southern Minnesota

APN: 04.034.3200