NOT LISTED FOR SALE

1502 Jackson Ave NE Saint Michael, MN 55376

Estimated Value: $463,000 - $525,000

3 Beds
2 Baths
2,136 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $462,000 $216 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,012/month

23 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Deck
  • St. Michael Elementary School Rated A
  • 61,202 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of March 2023

UNBELIEVABLE! Acreage on a lake just outside of the Twin Cities for only $450,000?? YES, this is YOUR dream property come to life! The flat lot with 150' of lake shore allows long and expansive views of Lake Wilhelm, a private recreational lake that offers exceptional boating and fishing. Skate, cross-country ski, or pick up the snowmobile trails on the east side of the lake in the winter. This lot is HUGE w/many options to add on and create your dream home. Or, bring your updates to the rambler. This is the perfect 1-story floor plan as all three bedrooms are on the main level and the private owner's suite will be sure to please. Abundant square footage here to spread out and entertain guests, whether inside the home or out on the huge 1+ acre lot. The owners have taken great care to maintain and prepare their home for the new owner, and it shows. You've always wanted to live in a home year-round on a lake. Don't miss your opportunity to BUY LAKE SHORE.

Last Agent to Sell the Property

Pamela Kerber

Keller Williams Realty Integrity Listed on: 02/10/2023

Keller Williams Realty Integrity

Last Buyer's Agent

Angela Minerich-Gardner

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1978

Lot Details

  • 1.41 Acre Lot
  • Lot Dimensions are 97x241x166x164
  • Lake Front
  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Game Room
  • Lake Views

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Water Filtration System
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association
  • Cape Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 114211001080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Heat Pump
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1512
  • Water Body Name: Wilhelm
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Partially Finished, Storage Space
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2136
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 624
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Informal Dining Room, Foyer, Deck, Game Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, Panoramic
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck
  • Lake Acres: 84
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Guest Parking
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: St. Michael-Albertville
  • SchoolDistrictNumber: 885
  • SchoolDistrictPhone: 763-497-3180

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 97x241x166x164
  • Lot Size Sq Ft: 61201.8
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 114211001080
  • Tax Annual Amount: 4272
  • TaxWithAssessments: 4272.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 31, 2023
Sold by
Mark Cynthia and Mark Christopher
Bought by
Kirk Michael and Kirk April
Seller's Agent
Pamela Kerber
Keller Williams Realty Integrity
Buyer's Agent
Angela Minerich-Gardner
Edina Realty, Inc.
List Price
$450,000
Sold Price
$462,000
Premium/Discount to List
$12,000
2.67%
Views
57
Current Estimated Value
$497,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,673
Avg. Annual Appreciation
2.96%
Original Mortgage
$392,700
Outstanding Balance
$381,215
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$116,458

Purchase Details

Closed on
Jul 27, 2017
Sold by
Cochran Thomas and Cochran Shella K
Bought by
Mark Cynthia L and Mark Christopher M
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
Kirk Michael $462,000 --
Mark Cynthia L $250,000 Northland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Michael $392,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $462,000 +2.7% $216 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $450,000 0.0% $211 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $450,000 -5.3% $211 / Sq Ft
02/10/2023 02/10/23 For Sale $475,000 -- $222 / 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 $4,568 $465,700 $150,400 $315,300
2024 $4,208 $397,900 $150,400 $247,500
2023 $4,402 $397,100 $150,400 $246,700
2022 $4,272 $386,600 $150,400 $236,200
2021 $4,328 $323,500 $133,200 $190,300
2020 $4,298 $317,300 $133,200 $184,100
2019 $4,190 $308,100 $0 $0
2018 $3,932 $286,400 $0 $0
2017 $3,782 $276,000 $0 $0
2016 $3,688 $0 $0 $0
2015 $3,672 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6331768

NorthstarMLS

APN: 114-211-001080