NOT LISTED FOR SALE

18903 Cedar Island Lake Rd Richmond, MN 56368

Estimated Value: $498,000 - $627,599

3 Beds
2 Baths
1,678 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $625,000 $372 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,658/month

14 Days on Market

Highlights

  • 237 Feet of Waterfront
  • Beach Access
  • Bonus Room
  • Eden Valley Secondary School Rated 9+
  • Guest Suite with Kitchen
  • No HOA

About This Home

As of April 2024

Bring your family and friends, so much space for all your guests! 237 feet of lake shore with two docks! The newly remodeled main level greets you with a lake view gathering room, eat in kitchen with a large center island, and living room. Nice space to entertain! On the main level, there are also two bedrooms and a 3/4 bathroom combined with a laundry room. The upper level over the two car garage, includes an eat-in kitchen with the center island, living room, two extra rooms with a lake view, and 3/4 bathroom. The septic system is designed for 3 bedrooms. Schedule a showing today and enjoy lake life!

Last Agent to Sell the Property

Marta Rubin

Edina Realty, Inc. Listed on: 02/12/2024

Edina Realty, Inc.

Co-Listed By

Rhonda Green

Edina Realty, Inc.

Last Buyer's Agent

Jessica Vos

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,436

Year Built

  • Built in 2004

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 237x160x236x117
  • 237 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Sitting Room
  • Living Room
  • Bonus Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Guest Suite with Kitchen
  • 2 Bathrooms

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Baseboard Heating
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36239580000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,436

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1678
  • Water Body Name: Cedar Island
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1678
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Sitting Room, Living Room, Bedroom 1, Bedroom 2, Bathroom, Kitchen- 2nd, Bedroom 3, Bonus Room

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Other Structures: Storage Shed
  • PatioPorchType: Patio
  • Lake Acres: 985
  • LakeChain: Y
  • Waterfront Frontage: 237
  • Lake Chain Acreage: 2849
  • Lake Chain Name: Sauk River

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 667

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Radiant Floor
  • Sewer: Septic System Compliant - No
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Patio,In-Ground Sprinkler

Schools

  • Junior High Dist: Eden Valley-Watkins
  • SchoolDistrictNumber: 463
  • SchoolDistrictPhone: 320-453-2900

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 237x160x236x117
  • Lot Size Sq Ft: 25264.8
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 36239580000
  • Tax Annual Amount: 4436
  • TaxWithAssessments: 4436.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 19, 2024
Sold by
Trebesch Betty and Zupfer Patricia
Bought by
Mahowald David and Mahowald Jennifer
Seller's Agent
Marta Rubin
Edina Realty, Inc.
Buyer's Agent
Jessica Vos
Edina Realty, Inc.
List Price
$625,000
Sold Price
$625,000
Views
31
Current Estimated Value
$588,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,974
Avg. Annual Appreciation
-5.22%
Original Mortgage
$468,750
Outstanding Balance
$462,606
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$120,294

Purchase Details

Closed on
Jul 28, 2015
Sold by
Corrine R Theis Revocable Trust
Bought by
Trebesch Betty

Purchase Details

Closed on
Jan 20, 1994
Sold by
Voit Gerald R
Bought by
Theis Norbert

Purchase Details

Closed on
Jun 7, 1990
Sold by
Koester Margaret
Bought by
Voit Gerald
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
Mahowald David $625,000 --
Trebesch Betty $229,900 --
Theis Norbert $68,000 --
Voit Gerald $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahowald David $468,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $625,000 0.0% $372 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $625,000 -- $372 / 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 $5,252 $539,100 $191,000 $348,100
2024 $5,252 $491,100 $184,200 $306,900
2023 $4,636 $437,000 $170,600 $266,400
2022 $3,166 $281,000 $145,700 $135,300
2021 $3,044 $281,000 $145,700 $135,300
2020 $3,104 $263,000 $145,700 $117,300
2019 $2,984 $258,800 $145,700 $113,100
2018 $2,798 $235,900 $132,100 $103,800
2017 $2,616 $215,000 $116,500 $98,500
2016 $2,568 $0 $0 $0
2015 $2,590 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6482328

NorthstarMLS

APN: 36.23958.0000