NOT LISTED FOR SALE

Lakefront Plaza 16154 Main Ave SE Unit 318 Prior Lake, MN 55372

Estimated Value: $226,000 - $256,000

1 Bed
1 Bath
850 Sq Ft
$322/mo HOA Fee

Last Sold July 27, 2023

Last sale price $220,500 $259 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,709/month

25 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Hidden Oaks Middle School Rated A-
  • Living Room
  • 4-minute walk to Lakefront Park

About This Home

As of July 2023

Beautifully updated 55+ Lakefront Plaza Condo! New flooring and paint throughout, plus updated lighting and bathroom counters. Just move in and enjoy easy living! Located on the 3rd floor with deck views of downtown Prior Lake. Secured building, heated garage, extra storage area, guest suites, exercise room, media room and a large gathering room with full kitchen, plus the deck overlooking Lakefront Park. Great location, walking trails, bakery and restaurants all within a short walk!

Last Agent to Sell the Property

Wendy Dorn

Edina Realty, Inc. Listed on: 06/07/2023

Edina Realty, Inc.

Last Buyer's Agent

Wendy Dorn

Edina Realty, Inc. Listed on: 06/07/2023

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System

HOA Fees

  • $322 Monthly HOA Fees

Parking

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

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 254090650

Community Details

Overview

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

Additional Features

  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,844

Year Built

Built in 2003

Lot Details

0

HOA Fees

$322 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Security
  • 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, Dryer, Exhaust Fan, Microwave, Washer
  • Living Area: 850
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Living Room, Dining Room, Kitchen
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Guest Suite,Media Room

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Storage, 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, Shared Amenities, Water
  • Phone: 833-737-8663
  • Association Fee: 322
  • Association: Yes
  • Amenities Unit: Balcony,Exercise Room,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Security System,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Association One

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 254090650
  • Tax Annual Amount: 1844
  • TaxWithAssessments: 1844.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 26, 2023
Sold by
Frank Lori
Bought by
Kelley Cathy
Seller's Agent
Wendy Dorn
Edina Realty, Inc.
Buyer's Agent
Wendy Dorn
Edina Realty, Inc.
List Price
$218,000
Sold Price
$220,500
Premium/Discount to List
$2,500
1.15%
Views
16
Current Estimated Value
$237,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,870
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Haugh Catherin C and Haugh James M
Bought by
Frank Lori R and Lori R Frank Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Lori R Frank Revocable Trust
Bought by
Kelley Cathy A

Purchase Details

Closed on
Sep 29, 2003
Sold by
Wensmann Homes Inc
Bought by
Haugh Catherine C and Haugh James 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
Kelley Cathy $220,500 --
Frank Lori R $108,000 Edina Realty Title Inc
Kelley Cathy A $220,500 Edina Realty Title
Haugh Catherine C $127,956 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Lori R $91,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $220,500 0.0% $259 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/27/2023 06/27/23 Off Market $220,500 -- --
06/08/2023 06/08/23 For Sale $218,000 -- $256 / 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 $1,652 $208,700 $64,600 $144,100
2024 $1,710 $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 $1,832 $160,900 $50,400 $110,500
2020 $1,840 $154,200 $48,800 $105,400
2019 $1,884 $148,600 $44,000 $104,600
2018 $2,052 $0 $0 $0
2016 $1,606 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Dorn

    Seller's Agent in 2023

    Wendy Dorn

    Edina Realty, Inc.

    (612) 749-7087

    19 in this area

    81 Total Sales

    Wendy Dorn
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About Lakefront Plaza

Map

Source: NorthstarMLS

MLS Number: 6378861

NorthstarMLS

APN: 25-409-065-0

Minnesota Scott County Prior Lake 55372

16154 Main Ave SE Unit 318, Prior Lake, MN

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