NOT LISTED FOR SALE

191 Hillwood Dr Lake City, MN 55041

Estimated Value: $271,000 - $373,000

3 Beds
1 Bath
1,532 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $275,000 $180 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,006/month

About This Home

Location, location, location! This 3BD 1BA rambler is situated on 1.8 acres on a quiet dead end road within city limits. This large lot overlooks the Jewel golf course and comes without the HOA. The home has two bedrooms on the main level along with a bonus room that could serve many uses, including but not limited to; an office, a nursery, a toy room, or potential laundry room. The main living area is spacious and open, allowing for easy entertaining. The lower level is partially finished with a third bedroom, and potential for a fourth bedroom with the addition of an egress window. The detached two car garage just needs a few more finishing touches & it will be ready for heat! The pole shed provides ample storage space & features enough space for a workshop -- the electric and natural gas lines are plumbed to the shed, just need to finish it the way you want. This property has a lot to offer and is a great opportunity to build your equity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Feb 20, 2024
Sold by
Ormsby Bryan and Ormsby Denae
Bought by
Meincke Luke
Seller's Agent
Erika Blim
Lakeshore Real Estate Krage & Associates, LLC.
Buyer's Agent
Vicki Krage
Lakeshore Real Estate Krage & Associates, LLC.
List Price
$275,000
Sold Price
$275,000
Views
84
Current Estimated Value
$329,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,944
Avg. Annual Appreciation
11.45%
Original Mortgage
$262,772
Outstanding Balance
$258,137
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$71,807

Purchase Details

Closed on
Jul 30, 2019
Sold by
Dick Timothy E and Dick Theresa A
Bought by
Ornsby Bryan H and Linder Denae B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,660
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Dick Ervin R
Bought by
Dick Timothy E and Dick Patrick L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Meincke Luke $275,000 --
Ornsby Bryan H $178,000 Knight Barry Ttl United Llc
Dick Timothy E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meincke Luke $262,772
Previous Owner Ornsby Bryan H $172,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $275,000 0.0% $180 / Sq Ft View Prior Sale
01/20/2024 01/20/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $275,000 -- $180 / Sq Ft

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 $3,250 $279,300 $68,800 $210,500
2024 $3,250 $265,000 $68,800 $196,200
2023 $3,196 $246,500 $68,800 $177,700
2022 $2,726 $247,300 $60,000 $187,300
2021 $2,510 $193,800 $50,000 $143,800
2020 $2,092 $161,000 $45,300 $115,700
2019 $3,066 $154,200 $37,700 $116,500
2018 $1,992 $148,500 $37,700 $110,800
2017 $1,970 $143,600 $37,700 $105,900
2016 $1,984 $0 $0 $0
2015 $1,984 $0 $0 $0
2012 $2,040 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erika Blim

    Seller's Agent in 2024

    Erika Blim

    Lakeshore Real Estate Krage & Associates, LLC.

    (651) 380-0151

    133 in this area

    201 Total Sales

    Erika Blim
    Section Image
  • Vicki Krage

    Seller Co-Listing Agent in 2024

    Vicki Krage

    Lakeshore Real Estate Krage & Associates, LLC.

    (651) 380-8516

    140 in this area

    203 Total Sales

    Vicki Krage
    Section Image
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Map

Minnesota Wabasha County Lake City 55041

191 Hillwood Dr, Lake City, MN

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