NOT LISTED FOR SALE

19935 Cedar Lake Trail Morristown, MN 55052

Estimated Value: $207,000 - $257,000

1 Bed
1 Bath
400 Sq Ft
$590/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $210,000 $525 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,401/month

76 Days on Market

Highlights

  • 100 Feet of Waterfront
  • No HOA
  • 1-Story Property

About This Home

As of August 2023

Unique opportunity to own a rustic day cabin on Cedar Lake or bring your builder to construct your dream home. Two parcels of land being sold together for a total of 1.19 acres. Electric is currently hooked up to the cabin and a shared well is in place. Rice county has deemed that both lots are buildable. 200 feet of lake shore.

Last Agent to Sell the Property

Mario Mjelleli

Edina Realty, Inc. Listed on: 05/05/2023

Edina Realty, Inc.

Last Buyer's Agent

Mike Yerxa

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1962

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 200x265
  • 100 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Bedroom
  • 400 Sq Ft Home
  • 1-Story Property

Utilities

  • Shared Water Source

Community Details

  • No Home Owners Association
  • Heines Cedar Lakeview 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0935201004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Shared System
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 400
  • Water Body Name: Cedar
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Living Area: 400
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • View: Lake
  • Lake Acres: 902
  • LakeChain: N
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: None
  • Sewer: None
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Waterville-Elysian-Morristown
  • SchoolDistrictNumber: 2143
  • SchoolDistrictPhone: 507-275-3115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 200x265
  • Lot Size Sq Ft: 51836.4
  • Land Lease: No
  • Additional Parcels Description: 0935201003
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0935201004
  • Tax Annual Amount: 1338
  • TaxWithAssessments: 1348.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Sep 26, 2023
Sold by
Dierksen Family Revocable Trust
Bought by
Caron Wesley D and Caron Jennifer S
Seller's Agent
Mario Mjelleli
Edina Realty, Inc.
Buyer's Agent
Mike Yerxa
RE/MAX Advantage Plus
List Price
$27,500
Sold Price
$210,000
Premium/Discount to List
$182,500
663.64%
Views
88
Current Estimated Value
$236,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,025
Avg. Annual Appreciation
6.21%
Original Mortgage
$126,000
Outstanding Balance
$62,899
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$173,126

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 31, 2023
Sold by
Dierksen Family Trust
Bought by
Caron Wesley and Caron Jennifer
Seller's Agent
Mario Mjelleli
Edina Realty, Inc.
Buyer's Agent
Mike Yerxa
RE/MAX Advantage Plus
List Price
$27,500
Sold Price
$210,000
Premium/Discount to List
$182,500
663.64%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$62,899
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$173,126
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
Caron Wesley D $210,000 Edina Realty Title
Caron Wesley $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caron Wesley D $126,000
Closed Caron Wesley $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $210,000 -8.7% $525 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $229,900 -16.4% $575 / Sq Ft
05/05/2023 05/05/23 Price Changed $275,000 +900.0% $688 / Sq Ft
05/05/2023 05/05/23 For Sale $27,500 -- $69 / 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 $1,158 $168,400 $145,100 $23,300
2024 $1,158 $142,300 $121,500 $20,800
2023 $948 $142,300 $121,500 $20,800
2022 $948 $151,300 $108,900 $42,400
2021 $750 $97,700 $81,300 $16,400
2020 $898 $94,400 $81,300 $13,100
2019 $924 $110,600 $90,400 $20,200
2018 $732 $110,200 $90,400 $19,800
2017 $724 $102,800 $90,400 $12,400
2016 $742 $102,800 $90,400 $12,400
2015 $714 $102,600 $90,400 $12,200
2014 -- $102,900 $90,400 $12,500
Source: Public Records

Agents Affiliated with this Home

  • Mario Mjelleli

    Seller's Agent in 2023

    Mario Mjelleli

    Edina Realty, Inc.

    (507) 210-6881

    55 Total Sales

    Section Image
  • Mike Yerxa

    Buyer's Agent in 2023

    Mike Yerxa

    RE/MAX Advantage Plus

    (612) 910-1909

    66 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6363328

NorthstarMLS

APN: 09.35.2.01.004

Minnesota Rice County Morristown 55052

19935 Cedar Lake Trail, Morristown, MN

This home is located at 19935 Cedar Lake Trail, Morristown, MN 55052 since 05 May 2023 and is currently estimated at $236,025, approximately $590 per square foot. This property was built in 1962. 19935 Cedar Lake Trail is a home located in Rice County with nearby schools including Waterville Elementary School, Morristown Elementary School, and Waterville-Elysian-Morristown Junior High School.

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