NOT LISTED FOR SALE

20055 Cedar Lake Trail Morristown, MN 55052

Estimated Value: $381,000 - $439,000

4 Beds
2 Baths
1,904 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $375,050 $197 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,593/month

7 Days on Market

Highlights

  • 74 Feet of Waterfront
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Den
  • Living Room
  • Family Room

About This Home

As of December 2022

Lakeshore home located on the south side of beautiful Cedar Lake near Morristown with 74' of shoreline and a .54 acre lot. Home has gone through an addition project that will still need some finishes. Addition does not have flooring finishes and drywalled walls need to be completed. However, the property has GREAT bones and is waiting your final touches for that lake home you've always dreamed of. You also will enjoy the benefit of a 3-car garage and concrete driveway. Association fee is for maintenance of shared well only. Septic system is on this lot and serves only this property.

Last Agent to Sell the Property

Laura Berger

Coldwell Banker Realty Brokerage Phone: 952-212-8568 Listed on: 11/15/2022

Coldwell Banker Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 64x65x250x74x240
  • 74 Feet of Waterfront
  • Lake Front

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • 1,904 Sq Ft Home
  • Family Room
  • Living Room
  • Den
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Shared Water Source
  • Septic System

Community Details

  • Association fees include water
  • Lakeview Well Association, Phone Number (507) 685-4112

Listing and Financial Details

  • Assessor Parcel Number 0935201016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 1973

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Shared System
  • Fee Frequency: Annually
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1904
  • Water Body Name: Cedar
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-212-8568
  • Attribution Contact: 952-212-8568
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 1904
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room, Family Room, Workshop, Den

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • View: North
  • Lake Acres: 885
  • LakeChain: N
  • Waterfront Frontage: 74

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Phone: 507-685-4112
  • Association Fee: 175
  • Association: Yes

Association/Amenities

  • HOA Management Co: Lakeview Well Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 64x65x250x74x240
  • Lot Size Sq Ft: 23609.52
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0935201016
  • Tax Annual Amount: 3296
  • TaxWithAssessments: 3336.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 8, 2022
Sold by
Sather Andrew
Bought by
Kaderlik Duane and Kaderlik Dusti
Seller's Agent
Laura Berger
Coldwell Banker Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$325,000
Sold Price
$375,050
Premium/Discount to List
$50,050
15.4%
Current Estimated Value
$423,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,417
Avg. Annual Appreciation
12.42%
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
Kaderlik Duane $375,051 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $375,050 +15.4% $197 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $325,000 -- $171 / 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 $3,858 $283,200 $144,300 $138,900
2024 $3,858 $433,100 $131,700 $301,400
2023 $3,656 $433,100 $131,700 $301,400
2022 $3,336 $455,200 $126,600 $328,600
2021 $3,110 $365,000 $103,800 $261,200
2020 $3,114 $326,800 $103,800 $223,000
2019 $3,218 $324,700 $103,800 $220,900
2018 $2,728 $319,700 $103,800 $215,900
2017 $2,552 $311,600 $103,800 $207,800
2016 $2,668 $289,900 $103,800 $186,100
2015 $2,326 $287,400 $103,800 $183,600
2014 -- $287,500 $103,800 $183,700
Source: Public Records

Agents Affiliated with this Home

  • Laura Berger

    Seller's Agent in 2022

    Laura Berger

    Coldwell Banker Burnet

    (952) 212-8568

    242 Total Sales

    Laura Berger
    Section Image

  • N

    Buyer's Agent in 2022

    NON-RMLS NON-RMLS

    Non-MLS

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Map

Source: NorthstarMLS

MLS Number: 6309467

NorthstarMLS

APN: 09.35.2.01.016

Minnesota Rice County Morristown 55052

20055 Cedar Lake Trail, Morristown, MN

This home is located at 20055 Cedar Lake Trail, Morristown, MN 55052 since 15 November 2022 and is currently estimated at $423,467, approximately $222 per square foot. This property was built in 1973. 20055 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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