NOT LISTED FOR SALE

1602 N Oak St Lake City, MN 55041

Estimated Value: $300,882 - $325,000

3 Beds
2 Baths
2,320 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $255,000 $110 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,877/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Living Room
  • Home Office
  • Wet Bar
  • Laundry Room

About This Home

As of December 2023

Beautiful 3 bedroom home on great lot! Wonderfully maintained and updated! 3 bedrooms on the main floor, full bath, and large living room great for entertaining! Finished basement with bar area, large family room, bath, laundry and office/workout room! Attached 2 car heated garage and garden shed all on a beautiful, large city lot!

Last Agent to Sell the Property

Diane Schurhammer

Schurhammer Real Estate, LLC Listed on: 11/08/2023

Co-Listed By

Doris Calic

Schurhammer Real Estate, LLC

Last Buyer's Agent

Claudia Sviderski

Featherstone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1966

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x150x90x150

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Frojds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 541400090

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1966

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
  • Water Source: City Water/Connected
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 2320
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1120
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bar/Wet Bar Room, Family Room, Bathroom, Laundry, Office

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake City
  • SchoolDistrictPhone: 651-345-2198

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 90x150x90x150
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 541400090
  • Tax Annual Amount: 2512
  • TaxWithAssessments: 2512.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 12, 2023
Sold by
Pahl Jordan and Pahl Abby
Bought by
Oliver Jesse P and Kraft Samantha M
Seller's Agent
Diane Schurhammer
Schurhammer Real Estate, LLC
Buyer's Agent
Claudia Sviderski
Featherstone Real Estate, LLC
List Price
$255,000
Sold Price
$255,000
Views
45
Current Estimated Value
$313,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,471
Avg. Annual Appreciation
11.29%
Original Mortgage
$218,000
Outstanding Balance
$214,558
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$98,913

Purchase Details

Closed on
Jun 1, 2017
Sold by
Thompson James L
Bought by
Pahl Abby and Pahl Jordan

Purchase Details

Closed on
Nov 7, 2014
Sold by
Jahns William C
Bought by
Thompson James L
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
Oliver Jesse P $255,000 Knight Barry Title
Pahl Abby $159,900 None Available
Thompson James L -- Goodhue County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Jesse P $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $255,000 0.0% $110 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $255,000 -- $110 / 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 $2,700 $228,500 $43,400 $185,100
2024 -- $221,600 $43,400 $178,200
2023 $2,512 $204,600 $43,400 $161,200
2022 $2,218 $204,600 $43,400 $161,200
2021 $2,170 $164,400 $43,400 $121,000
2020 $2,088 $163,400 $43,400 $120,000
2019 $2,168 $158,200 $43,400 $114,800
2018 $1,850 $161,000 $43,400 $117,600
2017 $0 $142,300 $43,400 $98,900
2016 $0 $143,500 $43,400 $100,100
2015 $1,866 $144,700 $43,400 $101,300
2014 $1,722 $138,000 $43,400 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6457316

NorthstarMLS

APN: 54.140.0090