NOT LISTED FOR SALE

1601 W Latoka Dr SW Unit SW Alexandria, MN 56308

Estimated Value: $534,000 - $599,357

3 Beds
2 Baths
1,768 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $315,000 $178 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,386/month

150 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Fireplace
  • 1-Story Property
  • Lincoln Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Lake life is calling! Extremely well-cared for home on Lake Latoka with main floor living! Level lot with beautiful views and many updates to the home including roof, flooring, paint, and driveway. Lower level is partially finished with unfinished room for expansion. Here is a really great value!

Last Agent to Sell the Property

Carl Kvale

Edina Realty, Inc. Listed on: 01/31/2014

Co-Listed By

Christopher Pinatiello

Edina Realty, Inc.

Last Buyer's Agent

Heidi Schroeder

Counselor Realty, Inc. of Alexandria

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,622

Year Built

  • 1989

Lot Details

  • 0.66 Acre Lot
  • 102 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 27-1778-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,622

Year Built

1989

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Home Warranty
  • Estimated Number of Acres: 0.66
  • Parcel Number: 27-1778-050
  • Stories: 1 Story
  • Taxes With Assessments: 3566
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Fireplace: Yes
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 16.6x10, On Level: Main
  • Room 2: Bedroom, 14x12, On Level: Main
  • Room 3: Bedroom, 13x10, On Level: Main
  • Room 5: Dining Room, 13x12.7, On Level: Main
  • Room 6: Family Room, 19x15.6, On Level: Lower
  • Room 9: Kitchen, 17x10, On Level: Main
  • Room 11: Laundry Room, 11x9, On Level: Main
  • Room 12: Living Room, 18x18, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1768
  • Below Grade Finished Sq Ft: 590
  • Total Square Footage: 2358

Exterior Features

  • Lake Class: Gen Development
  • Waterfront Name: Latoka
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board
  • Waterfront: Yes
  • Water Frontage: 102
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Alexandria #206

Lot Info

  • Estimated Lot Dimensions: 100 229 102 279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
High David Edward and High Lynne Marie
Bought by
David E High Revocable Trust and High
Current Estimated Value
$566,089

Purchase Details

Closed on
May 24, 2019
Sold by
Classen David M and Classen Maureen
Bought by
High David Edward and High Kynne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2017
Sold by
Suchy Kevin A and Suchy Sarah E
Bought by
Classen David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,525
Interest Rate
3.89%
Mortgage Type
VA
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
David E High Revocable Trust $500 None Listed On Document
High David Edward $382,500 Integrity Title Inc
Classen David M $350,000 Integrity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High David Edward $306,000
Previous Owner Classen David M $357,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $315,000 -4.5% $178 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $329,900 -- $187 / 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 $4,622 $574,000 $240,000 $334,000
2024 $4,622 $542,000 $216,000 $326,000
2023 $4,402 $490,300 $198,000 $292,300
2022 $3,760 $452,900 $188,000 $264,900
2021 $3,714 $376,800 $172,000 $204,800
2020 $3,678 $359,300 $168,000 $191,300
2019 $3,540 $347,200 $168,000 $179,200
2018 $3,306 $342,100 $160,000 $182,100
2017 $3,358 $321,200 $160,000 $161,200
2016 $3,392 $325,823 $164,900 $160,923
2015 $3,642 $0 $0 $0
2014 -- $335,000 $178,500 $156,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4573505

REALTOR® Association of Southern Minnesota

APN: 27-1778-050