Seller's Agent in 2023
Paul Bothof
RE/MAX Advantage Plus
(651) 329-4735
41 in this area
136 Total Sales
16322 Park Ave SE Prior Lake, MN 55372
Estimated Value: $1,472,000 - $1,680,677
4
Beds
3
Baths
4,586
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Loft
- Stainless Steel Appliances
- Hidden Oaks Middle School Rated A-
- Great Room
- 4 Car Attached Garage
About This Home
As of May 2023On a west-facing shoreline with a sandy beach, this one-of-a-kind property offers big water views of incredible sunsets over Upper Prior Lake.The open-concept living space on the main level has soaring ceilings, exposed beams, floor to ceiling windows, gourmet kitchen, cozy fireplace, & stunning views of the lake. The main level also features three spacious bedrooms, full bath, and massive laundry/mudroom with heated floors. The upper level owner's retreat is a true oasis, complete with a huge 360sf walk-in closet and a luxurious en-suite bathroom, and office loft. The walkout lower level is party central, with ample space for a large group and ideally designed for lakefront entertaining. In addition to the generous living spaces, this home offers plenty of storage for all your belongings. The prime downtown Prior Lake location is just a short distance from the area's best dining, entertainment, and shopping options, making it the perfect place to call home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,418
Year Built
- Built in 1983
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 50x183x187x50
- 50 Feet of Waterfront
- Lake Front
- Few Trees
HOA Fees
- $21 Monthly HOA Fees
Parking
- 4 Car Attached Garage
Home Design
- Log Siding
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Family Room with Fireplace
- Great Room
- Loft
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include snow removal
- Homeowners On Private Road Association, Phone Number (651) 329-4735
Listing and Financial Details
- Assessor Parcel Number 250960050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
May 18, 2023
Sold by
Wilke Robert and Wilke Julie
Bought by
Oconnell Ian
Seller's Agent
Paul Bothof
RE/MAX Advantage Plus
Buyer's Agent
Peter Larson
Keller Williams Classic Realty
List Price
$1,595,000
Sold Price
$1,595,000
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,169
Avg. Annual Appreciation
-0.85%
Purchase Details
Closed on
Oct 14, 2016
Sold by
Farnell Jeffrey C and Farnell Lynette H
Bought by
Wilke Robert C and Wilke Julie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 28, 2015
Sold by
Robson Kim Jon
Bought by
Farnell Jeffrey C and Farnell Lynette H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 7, 2008
Sold by
Robson Kim Jon
Bought by
Farnell Jeffrey C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.12%
Mortgage Type
Land Contract Argmt. Of Sale
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oconnell Ian | $1,595,000 | -- | |
| Wilke Robert C | $905,000 | Edina Realty Title Inc | |
| Farnell Jeffrey C | $450,000 | Stewart Title Company | |
| Farnell Jeffrey C | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ocnnell Lan T | $100,000 | |
| Previous Owner | Wilke Robert C | $724,000 | |
| Previous Owner | Farnell Jeffrey C | $357,000 | |
| Previous Owner | Farnell Jeffrey C | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $1,595,000 | 0.0% | $348 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/17/2023 03/17/23 | For Sale | $1,595,000 | 0.0% | $348 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $1,595,000 | -- | $348 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $16,610 | $1,465,100 | $751,800 | $713,300 |
| 2024 | $16,052 | $1,482,500 | $751,800 | $730,700 |
| 2023 | $15,050 | $1,398,600 | $703,000 | $695,600 |
| 2022 | $14,438 | $1,355,300 | $657,300 | $698,000 |
| 2021 | $13,422 | $1,120,900 | $564,400 | $556,500 |
| 2020 | $13,114 | $1,026,400 | $475,600 | $550,800 |
| 2019 | $12,768 | $967,300 | $430,500 | $536,800 |
| 2018 | $9,892 | $0 | $0 | $0 |
| 2016 | $7,968 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Karen Stiles
RE/MAX Advantage Plus
(612) 749-1615
40 in this area
138 Total Sales
-
Buyer's Agent in 2023
Peter Larson
Keller Williams Classic Realty
(651) 442-1157
1 in this area
78 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6337786
APN: 25-096-005-0
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