NOT LISTED FOR SALE

1141 Latoka Heights Ln SW Alexandria, MN 56308

Estimated Value: $622,000 - $744,000

5 Beds
3.5 Baths
4,256 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $572,500 $135 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,967/month

18 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Home Office
  • Lincoln Elementary School Rated A-
  • Radiant Floor
  • Walk-In Pantry

About This Home

As of February 2024

Unwind and entertain in style at this sprawling 5-bedroom plus office custom home! Offering the perfect blend of spacious living and outdoor enjoyment with a super coveted location. Step inside and be greeted by an open-concept layout bathed in natural light, ideal for family gatherings and hosting unforgettable evenings. Get cozy in one of the five generously sized bedrooms, each offering a sanctuary of peace and comfort. The master is a true retreat, featuring a spa-like en-suite bathroom with a soaking tub and a walk-in closet. Head down to the spacious lower level that does not feel like a basement thanks to the walk out and tall ceilings. This versatile space features a kitchenette, making it oh so inviting for movie nights, game days, or even as a guest suite. Step outside and embrace the MN fresh air on the expansive deck or patio, perfect for grilling or simply soaking up the sun. This stunning home is not just a place to live; it's a home to create lasting memories!!

Last Agent to Sell the Property

Stu Wood

Edina Realty, Inc. Listed on: 01/02/2024

Edina Realty, Inc.

Last Buyer's Agent

Kris Telkamp

Counselor Realty Inc of Alex

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,190

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 84x100x84x100

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Radiant Floor

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • 200+ Amp Service
  • Shared Water Source
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • Horizon Heights Association
  • Horizon Heights Cic #134 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271419750

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,190

Year Built

Built in 2005

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Shared System, Well
  • Fee Frequency: Annually
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 2240
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: 8 ft+ Pour, Finished, Full, Concrete, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 4256
  • Fireplace: No
  • Below Grade Finished Sq Ft: 2016
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Foyer, Deck, Pantry (Walk-In), Laundry, Office, Bedroom 1, Walk In Closet, Primary Bathroom, Bedroom 2, Bathroom, Porch, Family Room, Recreation Room, Bar/Wet Bar Room, Bedroom 3, Bedroom 4, Bedroom 5, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Finished Garage

Utilities

  • Heating: Boiler, Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association Fee: 450
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,In-Ground Sprinkler

Association/Amenities

  • HOA Management Co: Horizon Heights

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 84x100x84x100
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 271419750
  • Tax Annual Amount: 5190
  • TaxWithAssessments: 5190.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 15, 2024
Sold by
Gervais Chris and Gervais Taylor
Bought by
Flatt John and Zaffke Flatt Shan
Seller's Agent
Stu Wood
Edina Realty, Inc.
Buyer's Agent
Kris Telkamp
Counselor Realty Inc of Alex
List Price
$599,900
Sold Price
$572,500
Premium/Discount to List
-$27,400
-4.57%
Views
63
Current Estimated Value
$662,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,165
Avg. Annual Appreciation
8.56%
Original Mortgage
$458,000
Outstanding Balance
$449,921
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$212,744

Purchase Details

Closed on
Dec 15, 2016
Sold by
Marti Nereda R and N W Marti Trust
Bought by
Gervais Chris and Gervais Taylor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flatt John $572,500 --
Gervais Chris $432,000 Integrity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flatt John $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $572,500 -4.6% $135 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $599,900 -- $141 / Sq Ft
Source: NorthstarMLS

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 $5,148 $584,600 $44,500 $540,100
2024 $5,148 $595,000 $44,500 $550,500
2023 $5,556 $601,000 $44,500 $556,500
2022 $4,746 $548,800 $44,500 $504,300
2021 $4,598 $474,600 $44,500 $430,100
2020 $4,562 $442,000 $44,500 $397,500
2019 $4,316 $426,600 $44,500 $382,100
2018 $4,044 $412,400 $44,500 $367,900
2017 $3,824 $387,100 $51,000 $336,100
2016 $3,850 $367,533 $49,470 $318,063
2015 $3,456 $0 $0 $0
2014 -- $319,200 $51,000 $268,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6472775

NorthstarMLS

APN: 27-1419-750