NOT LISTED FOR SALE

1261 Nursery Hill Ln New Brighton, MN 55112

Estimated Value: $522,000 - $672,000

5 Beds
3.5 Baths
3,228 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $520,000 $161 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,993/month

81 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Beach Access
  • Deck
  • Island Lake Elementary School Rated A-
  • 31,755 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of June 2024

Well-loved home on beautiful, scenic Karth Lake. Enjoy the retro vibe or make it your own!
Main floor offers large eat-in kitchen, living and dining rooms as well as family room with gas fireplace. You will also find a powder room and a convenient laundry/mudroom. The kitchen gives way to a large deck with beautiful lake views.
Upstairs you will find a large ensuite with private three-quarter bath and generous walk-in closet. There are three additional bedrooms upstairs as well as a full bath.
In the walkout lower level there is a large amusement room with a woodburning fireplace as well as a wet bar, a full bath, a fifth bedroom and a mechanical/workshop room.
Walkout opens onto a large patio.
Mechanicals are excellent here! Roof replaced 2019 along with furnace, central air, water heater and water softener.
Located in a high-demand Arden Hills neighborhood in excellent School District 621. Come see today!

Last Agent to Sell the Property

William Thelen

RE/MAX Results Listed on: 03/19/2024

RE/MAX Results

Last Buyer's Agent

Steven Schmitz

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,572

Year Built

  • Built in 1979

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 135x95
  • 95 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Electronic Air Cleaner

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Karth Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 223023120033

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,572

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 2266
  • Water Body Name: Karth
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 41x27.5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Drainage System, Egress Window(s), Finished, Full, Partially Finished, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Brick, Family Room, Gas, Living Room, Wood Burning
  • Living Area: 3228
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 962
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Amusement Room, Bar/Wet Bar Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Patio, Workshop, Deck

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • PoolFeatures: None
  • View: East, Lake
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio
  • Lake Acres: 15
  • LakeChain: N
  • Waterfront Frontage: 95

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 462
  • Garage Door Height: 82

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Tile Floors,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Mounds View
  • SchoolDistrictNumber: 621
  • SchoolDistrictPhone: 651-621-6001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 135x95
  • Lot Size Sq Ft: 31755.24
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Public Transit (w/in 6 blks), Many Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 223023120033
  • Tax Annual Amount: 7572
  • TaxWithAssessments: 7632.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 18, 2024
Sold by
Roessler Norma J
Bought by
Spadaro Andrew and Spadaro Allison
Seller's Agent
William Thelen
RE/MAX Results
Buyer's Agent
Steven Schmitz
Coldwell Banker Realty
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%
Views
152
Current Estimated Value
$616,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,093
Avg. Annual Appreciation
15.89%
Original Mortgage
$494,000
Outstanding Balance
$488,537
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$127,556
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
Spadaro Andrew $520,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadaro Andrew $36,483
Open Spadaro Andrew $494,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $520,000 -6.3% $161 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $555,000 -3.5% $172 / Sq Ft
05/02/2024 05/02/24 Price Changed $575,000 -4.2% $178 / Sq Ft
04/16/2024 04/16/24 Price Changed $599,900 -4.0% $186 / Sq Ft
03/21/2024 03/21/24 For Sale $625,000 -- $194 / 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 $7,632 $603,600 $160,900 $442,700
2023 $7,632 $609,900 $160,900 $449,000
2022 $8,354 $588,900 $160,900 $428,000
2021 $7,642 $591,800 $160,900 $430,900
2020 $7,858 $560,200 $160,900 $399,300
2019 $6,770 $547,000 $160,900 $386,100
2018 $6,740 $508,000 $160,900 $347,100
2017 $6,262 $492,300 $160,900 $331,400
2016 $6,294 $0 $0 $0
2015 $3,271 $436,900 $160,900 $276,000
2014 $5,988 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6503448

NorthstarMLS

APN: 22-30-23-12-0033