NOT LISTED FOR SALE

18441 Lafayette Way Unit 518F Lakeville, MN 55044

Estimated Value: $288,952 - $306,000

3 Beds
2 Baths
1,607 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $252,000 $157 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,016/month

19 Days on Market

Highlights

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Dining Room
  • Kenwood Trail Middle School Rated A
  • Forced Air Heating and Cooling System
  • Many Trees

About This Home

As of December 2022

Great 3 bedroom, 2 bathroom townhome in a beautiful neighborhood! The deck overlooks a small wetland area and there are no neighbors across the street. Main level contains a bedroom/office, laundry, 3/4 bathroom and living room with a cozy fireplace. Owner's bedroom is nice-sized with a walk-in closet and a walk-through full bathroom with a separate tub and shower. Main level flooring and paint have been
updated recently. Oversized garage has a large storage space that you'll be glad you have. Lakeville schools - Orchard Lake Elementary, Kenwood Trail Middle and Lakeville South High School. Located near I?35, Target and other restaurants and shopping. See it today!

Last Agent to Sell the Property

Kelly Arvidson

Keller Williams Preferred Rlty Listed on: 10/31/2022

Keller Williams Preferred Rlty

Last Buyer's Agent

Mark Reiland

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 2007

Lot Details

  • Sprinkler System
  • Many Trees

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • Association fees include hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Associa Association, Phone Number (763) 225-6400
  • Prairie Lake 8Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 225850706518

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,508

Year Built

Built in 2007

Lot Details

0

HOA Fees

$232 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1607
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Rented
  • Fireplace Features: Gas, Living Room
  • Living Area: 1607
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Storage, Tuckunder Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 232
  • Association: Yes
  • Amenities Unit: Balcony,Primary Bedroom Walk-In Closet,Paneled Doors,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • PropertyAttachedYN: Yes
  • Land Lease: No
  • Lot Features: Many Trees
  • 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: 2022
  • Assessor Parcel Number: 225850706518
  • Tax Annual Amount: 2508
  • TaxWithAssessments: 2508.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 6, 2022
Sold by
Mack Tamie
Bought by
Heinz Karisa
Seller's Agent
Kelly Arvidson
Keller Williams Preferred Rlty
Buyer's Agent
Mark Reiland
RE/MAX Advantage Plus
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Views
2
Current Estimated Value
$296,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,738
Avg. Annual Appreciation
5.80%
Original Mortgage
$233,246
Outstanding Balance
$226,247
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$70,491

Purchase Details

Closed on
Jul 11, 2016
Sold by
Balus Christopher P and Balus Cindy E
Bought by
Mack Tamie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,550
Interest Rate
3.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Heinz Karisa $252,000 --
Mack Tamie Jo $184,900 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Karisa $233,246
Previous Owner Mack Tamie Jo $181,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $252,000 0.0% $157 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/08/2022 11/08/22 Off Market $252,000 -- --
10/31/2022 10/31/22 For Sale $260,000 -- $162 / 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
2024 $2,768 $274,600 $58,300 $216,300
2023 $2,768 $263,700 $58,100 $205,600
2022 $2,508 $263,000 $57,900 $205,100
2021 $2,340 $226,100 $50,400 $175,700
2020 $2,378 $206,300 $48,000 $158,300
2019 $2,043 $199,200 $45,700 $153,500
2018 $1,984 $180,200 $42,300 $137,900
2017 $1,819 $173,200 $39,100 $134,100
2016 $1,859 $159,600 $37,300 $122,300
2015 $1,773 $132,364 $30,454 $101,910
2014 -- $132,037 $29,417 $102,620
2013 -- $105,986 $24,601 $81,385
Source: Public Records

Agents Affiliated with this Home

  • Kelly Arvidson

    Seller's Agent in 2022

    Kelly Arvidson

    Keller Williams Preferred Rlty

    (952) 693-6448

    19 in this area

    108 Total Sales

    Kelly Arvidson
    Section Image
  • Mark Reiland

    Buyer's Agent in 2022

    Mark Reiland

    RE/MAX Advantage Plus

    (952) 994-5300

    16 in this area

    281 Total Sales

    Mark Reiland
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6272898

NorthstarMLS

APN: 22-58507-06-518

Minnesota Dakota County Lakeville 55044

18441 Lafayette Way Unit 518F, Lakeville, MN

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