$240,000
SOLD SEP 30, 2024

Lakefront Plaza 16154 Main Ave SE Unit 114 Prior Lake, MN 55372

1 Bed
1 Bath
850 Sq Ft
$352/mo HOA Fee

Recently Sold

$282 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Elevator
  • Front Porch
  • Hidden Oaks Middle School Rated A-
  • Stainless Steel Appliances
  • 4-minute walk to Lakefront Park

About This Home

As of September 2024

Rare opening in Lakefront Plaza! This 55+ community is located in the heart of downtown Prior Lake. This one bedroom condo features an open concept layout with upgraded cinnamon maple cabinetry in the kitchen and bathroom, stainless steel appliances, neutral paint, NEW CARPET, a NEW WASHER and DRYER, and a newer furnace and AC. Lakefront Plaza has all the building amenities you could want, including a party room, BBQ deck, craft room, library, workshop, car wash and more. Don’t miss the additional storage locker for all your extras! Walk to parks, shops, restaurants, and coffee. All this plus many popular weekly social gatherings. These openings don’t last long!

Last Agent to Sell the Property

Nathan Turk

Stone Path Realty, LLC Listed on: 09/16/2024

Co-Listed By

Leah Dexter

Stone Path Realty, LLC

Last Buyer's Agent

Ashley Sammons

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 2003

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Flex

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 254090050

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • Association One Association, Phone Number (833) 737-8663
  • Low-Rise Condominium
  • Cic 1121 Lakefront Plaza Condo Subdivision
  • Car Wash Area

Recreation

  • Trails

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,886

Year Built

Built in 2003

Lot Details

0

HOA Fees

$352 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Hallways 42"+, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Deck, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security, Trail(s)
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 850
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 850
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Flex Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Guest Suite,Media Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Storage, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 833-737-8663
  • Association Fee: 352
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Main Floor Primary Bedroom,Walk-In Closet

Association/Amenities

  • HOA Management Co: Association One

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 871.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 254090050
  • Tax Annual Amount: 1886
  • TaxWithAssessments: 1886.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Sep 24, 2024
Sold by
Rasmussen Axel and Rasmussen Sharon
Bought by
Nelson Sharon
Seller's Agent
Nathan Turk
Stone Path Realty, LLC
Buyer's Agent
Ashley Sammons
Coldwell Banker Realty
List Price
$237,500
Sold Price
$240,000
Premium/Discount to List
$2,500
1.05%
Total Days on Market
1
Views
1
Current Estimated Value
$234,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,984
Avg. Annual Appreciation
-3.65%

Purchase Details

Closed on
Jan 29, 2018
Sold by
Rasmussen Axel J and Rasmussen Sharon
Bought by
Rasmussen Axel J and Rasmussen Sharon D

Purchase Details

Closed on
Aug 30, 2016
Sold by
Traxier Sharon
Bought by
Rasmussen Axel J and Rasmussen Sharon

Purchase Details

Closed on
Mar 15, 2006
Sold by
Wensmann Homes Inc
Bought by
Not Provided
Source: Public Records

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    • 1 Bed
    • 1 Bath
    • 805 Sq Ft
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    • Unit 120
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    Paul Busselman RE/MAX Preferred

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $240,000 --
Quit Claim Deed -- None Available
Warranty Deed $139,000 Ancona Title & Escrow
Warranty Deed $125,192 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $240,000 +1.1% $282 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $237,500 -- $279 / 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 $1,898 $208,700 $64,600 $144,100
2024 $1,886 $190,900 $58,700 $132,200
2023 $1,844 $184,200 $56,400 $127,800
2022 $1,874 $186,500 $58,000 $128,500
2021 $1,732 $160,900 $50,400 $110,500
2020 $1,706 $145,700 $40,300 $105,400
2019 $1,742 $137,600 $33,000 $104,600
2018 $1,918 $0 $0 $0
2016 $1,474 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6602230

NorthstarMLS

APN: 25-409-005-0