NOT LISTED FOR SALE

18442 Lafayette Way Unit 628E Lakeville, MN 55044

Estimated Value: $310,000 - $332,000

3 Beds
2.5 Baths
1,809 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $331,000 $183 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,213/month

1 Day on Market

Highlights

  • Loft
  • Corner Lot
  • 2 Car Attached Garage
  • Kenwood Trail Middle School Rated A
  • Stainless Steel Appliances
  • Patio

About This Home

As of September 2023

Outstanding home with a new look! New furnace, resurfaced driveway, high toilets, paint, new front door and window, carpet, flooring, granite countertops, microwave, ship lap in laundry. Stellar location viewing Lake Marion, easy access to highways with shopping and dining all nearby. Excellent layout! Spacious home offers a custom gas fire place, corner lot with only one other neighbor attached. Large yard, end cul-de-sac; great parking opportunities. Enjoy curb appeal with a brick and maintenance free exterior. Complete with a patio to relax and enjoy your drink of choice. High ceilings, loft on upper that is open and offers another make-shift family room, office, hobby room, etc. The laundry is complete with shelving and ship lap and a new washer. Dogs and cats welcome. High demand

Last Agent to Sell the Property

Pamela Vinge Kraska

Bridge Realty, LLC Listed on: 07/10/2023

Bridge Realty, LLC

Last Buyer's Agent

Tim Aarsvold

Lake Country Resort Sales, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 2007

Lot Details

  • 1,045

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Parking Fee

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,809 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Patio
  • 1,045 Sq Ft Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 225850705628

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,106

Year Built

Built in 2007

Lot Details

0

HOA Fees

$260 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
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1809
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 1809
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Brick,Concrete,Insulating Concrete Forms,Structured Insulated Panel
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Guest Parking, More Parking Onsite for Fee

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Dakota Electric Association

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 260
  • Association: Yes

Association/Amenities

  • HOA Management Co: Associa Minnesota

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 1045.44
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 225850705628
  • Tax Annual Amount: 3106
  • TaxWithAssessments: 3106.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 6, 2023
Sold by
Kraska Pam
Bought by
Aarsvold Timothy and Aarsvold Carolyn
Seller's Agent
Pamela Vinge Kraska
Bridge Realty, LLC
Buyer's Agent
Tim Aarsvold
Lake Country Resort Sales, Inc.
List Price
$329,900
Sold Price
$331,000
Premium/Discount to List
$1,100
0.33%
Views
7
Current Estimated Value
$322,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,438
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Johnson Pamela and Williams Kenneth
Bought by
Kraska Pam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2018
Sold by
Fleck Joshua D
Bought by
Johnson Pamela and Williams Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Erickson Amy Diane
Bought by
Fleck Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Aarsvold Timothy $331,000 --
Kraska Pam L $310,000 Trademark Title Services Inc
Johnson Pamela $225,000 Title One Inc
Fleck Joshua D -- Title One Inc
Kraska Pam Pam $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraska Pam L $300,700
Previous Owner Johnson Pamela $213,500
Closed Kraska Pam Pam $297,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $331,000 +0.3% $183 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $329,900 -- $182 / 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 $3,180 $310,800 $65,700 $245,100
2023 $3,106 $299,100 $65,500 $233,600
2022 $2,866 $296,300 $65,200 $231,100
2021 $2,686 $254,500 $56,700 $197,800
2020 $2,726 $232,700 $54,000 $178,700
2019 $2,340 $224,500 $51,500 $173,000
2018 $2,489 $202,500 $47,600 $154,900
2017 $2,324 $195,800 $44,100 $151,700
2016 $2,384 $180,500 $42,000 $138,500
2015 $2,279 $175,900 $40,400 $135,500
2014 -- $175,400 $39,000 $136,400
2013 -- $148,000 $34,400 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6399083

NorthstarMLS

APN: 22-58507-05-628