$250,000
SOLD OCT 1, 2024

Lakefront Plaza 16154 Main Ave SE Unit 120 Prior Lake, MN 55372

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

Recently Sold

$311 Per Sq Ft

12 Days on Market

Highlights

  • Elevator
  • Patio
  • 1-Story Property
  • Hidden Oaks Middle School Rated A-
  • Living Room
  • 4-minute walk to Lakefront Park

About This Home

As of October 2024

Welcome to Lakefront Plaza, a premier 55+ active living community in the heart of downtown Prior Lake. This first-floor unit offers convenient access and features heated underground parking and a storage closet for extra belongings. With many recent updates this condo has been completely remodeled! New floors glisten with an abundance of natural light from the south-east facing windows and sliding door that lead to your private patio. The secure building offers numerous amenities, including guest suites, an exercise room, a media room, a car wash bay, a wood shop, and a large community room with a full kitchen. Located in a prime area, you're just a short walk from walking trails, a bakery, and a variety of restaurants. Experience the perfect blend of comfort and convenience in this beautiful condo.

Last Agent to Sell the Property

Ryan Olson

RE/MAX Advantage Plus Listed on: 08/14/2024

RE/MAX Advantage Plus

Co-Listed By

Mitchell Brumbaugh

RE/MAX Advantage Plus

Last Buyer's Agent

Paul Busselman

RE/MAX Preferred

RE/MAX Preferred

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 2003

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 254090110

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, security, 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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,710

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, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Deck, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 805
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 805
  • Basement YN: No
  • Dining Room Type: Living Room, Flex Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Guest Suite

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Underground

Utilities

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

Condo/Co-op/Association

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

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-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 254090110
  • Tax Annual Amount: 1710
  • TaxWithAssessments: 1710.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 1, 2024
Sold by
Olson Kristi
Bought by
Klingberg Kenny and Klingberg Deborah
Seller's Agent
Ryan Olson
RE/MAX Advantage Plus
Buyer's Agent
Paul Busselman
RE/MAX Preferred
List Price
$250,000
Sold Price
$250,000
Total Days on Market
12
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.80%

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 3, 2023
Sold by
The Estate Of Albert J Feldman
Bought by
Olson Kristi
Seller's Agent
Cynthia Hurley
Edina Realty, Inc.
Buyer's Agent
Carolyn Madson
Edina Realty, Inc.
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Feldman Joseph A
Bought by
Feldman Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jul 17, 2018
Sold by
Schonfield Maurice J
Bought by
Feldman Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2012
Sold by
Jenkins Shirley R
Bought by
Schonfield Family Trust

Purchase Details

Closed on
Jun 15, 2005
Sold by
Wensmann Homes Inc
Bought by
Jenkins Shirley R
Source: Public Records

Similar Home in Prior Lake, MN

  • 16154 Main Ave SE Unit 120, Prior Lake, MN 55372

    $265,000

    • 1 Bed
    • 1 Bath
    • 805 Sq Ft
    • 16154 Main Ave SE
    • Unit 120
    • Prior Lake, MN

    Welcome to Lakefront Plaza, Premier 55+ Living in the Heart of Prior Lake! This beautifully remodeled first-floor condo offers the perfect blend of comfort, convenience, and community. Enjoy easy access with heated underground parking and a private storage closet for your extra belongings. Step inside to discover stunning new flooring, granite countertops, SS appliances and a sliding glass door

    Paul Busselman RE/MAX Preferred

    Section Image

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 $250,000 --
Deed $215,000 --
Land Contract $150,000 Lakeside Title Inc
Warranty Deed $150,000 Lakeside Title Inc
Deed $150,000 Edina Realty Title Inc
Warranty Deed -- None Available
Warranty Deed $121,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Land Contract Argmt. Of Sale
Previous Owner $80,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $265,000 +6.0% $329 / Sq Ft
10/01/2024 10/01/24 Sold $250,000 0.0% $311 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $250,000 +16.3% $311 / Sq Ft
02/07/2023 02/07/23 Sold $215,000 -2.3% $267 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $220,000 -- $273 / 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 $1,710 $190,900 $58,700 $132,200
2023 $1,676 $184,200 $56,400 $127,800
2022 $1,654 $186,500 $58,000 $128,500
2021 $1,494 $160,900 $50,400 $110,500
2020 $1,450 $145,700 $40,300 $105,400
2019 $1,476 $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: 6585766

NorthstarMLS

APN: 25-409-011-0