NOT LISTED FOR SALE

16608 Franklin Trail SE Prior Lake, MN 55372

Estimated Value: $172,000 - $250,000

2 Beds
1.5 Baths
1,345 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 01, 2014

Last sale price $126,400 $94 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,469/month

105 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Woodwork
  • Westwood Elementary School Rated A
  • 2 Car Attached Garage
  • 2-minute walk to Timbercrest Park

About This Home

As of March 2014

Spacious design w/plenty of natural light. Quiet neighborhood near trails, highways & downtown PL. Add a BR & finish basement rough-in for instant equity. LOW DUES makes it especially affordable.

Last Agent to Sell the Property

Mary Gores

Edina Realty, Inc. Listed on: 11/14/2013

Last Buyer's Agent

Susan Heldstab

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,100

Year Built

  • 1996

Lot Details

  • 871 Sq Ft Lot
  • Street terminates at a dead end
  • Few Trees
  • Zero Lot Line

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Gas Fireplace
  • Dining Room
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk Through Bedroom
  • Bathroom Rough-In
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 251860070

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,100

Year Built

1996

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: TH Quad/4 Corners
  • Amenities: Garage Door Opener, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.02
  • Construction: Previously Owned
  • Foundation Size: 500
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 251860070
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1996

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Master Walk-Thru, Rough In, Walk Thru
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x18, On Level: Main
  • Room 2: Dining Room, 10x9, On Level: Main
  • Room 3: Family Room, 21x14, On Level: Lower
  • Room 4: Kitchen, 12x9, On Level: Main
  • Room 5: Bedroom, 16x13, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 9: Deck, 10x8, On Level: Main
  • Room 10: Other, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1045
  • Below Grade Finished Sq Ft: 300
  • Total Fin Square Footage: 1345

Exterior Features

  • Frontage Road: City, Dead End/No Outlet
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 100

Lot Info

  • Estimated Lot Dimensions: Common
  • Lot/Land Description: Corner Lot, Tree Coverage - Light, Zero Lot Line

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Feb 28, 2014
Sold by
Gores Mark A and Gores Emily L
Bought by
Martinson Jamie L
Seller's Agent
Mary Gores
Edina Realty, Inc.
Buyer's Agent
Susan Heldstab
Edina Realty, Inc.
List Price
$134,900
Sold Price
$126,400
Premium/Discount to List
-$8,500
-6.3%
Current Estimated Value
$228,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,659
Avg. Annual Appreciation
5.18%
Original Mortgage
$101,152
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2011
Sold by
Us Bank Na
Bought by
Gohes Mark A and Gohes Emily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
4.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Smed Ruth I and Smed Rhonda A
Bought by
Hadac Christine N

Purchase Details

Closed on
Dec 31, 1996
Sold by
Eagle Creek Villas Llc
Bought by
Smed Ruth I
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
Martinson Jamie L $126,439 Edina Realty Title Inc
Gohes Mark A $81,000 --
Hadac Christine N $171,000 --
Smed Ruth I $90,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martinson Jamie L $101,152
Previous Owner Gohes Mark A $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2014 03/01/14 Sold $126,400 -6.3% $94 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $134,900 -- $100 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,100 $226,600 $79,300 $147,300
2024 $2,194 $218,400 $76,300 $142,100
2023 $2,144 $213,800 $74,800 $139,000
2022 $2,078 $215,000 $76,000 $139,000
2021 $1,990 $181,000 $60,500 $120,500
2020 $1,954 $170,700 $49,500 $121,200
2019 $1,938 $161,700 $45,000 $116,700
2018 $1,988 $0 $0 $0
2016 $1,648 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Gores

    Edina Realty, Inc.

  • S

    Buyer's Agent in 2014

    Susan Heldstab

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4559711

REALTOR® Association of Southern Minnesota

APN: 25-186-007-0

Minnesota Scott County Prior Lake 55372

16608 Franklin Trail SE, Prior Lake, MN

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