NOT LISTED FOR SALE

20265 Cedar Lake Path Morristown, MN 55052

Estimated Value: $448,404 - $580,000

4 Beds
2 Baths
2,496 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $275,000 $110 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,145/month

246 Days on Market

Highlights

  • Lake Front
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of May 2017

Stunning and rare lakeshore property recently remodeled. This sale includes dock, and storage shed. 2 bedrooms up and 2 down in this walk out ranch. Breathtaking kitchen with open view from living room. Central air lower level rec room with full bath and 2 bedrooms. 2 decks, patio, and a finished 2 stall garage with entertainment center and fully finished.

Last Listed By

Lonnie Skalicky

Sterling Real Estate Listed on: 08/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 85x90x140x160
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0935126023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Log Siding
  • Garage Spaces: 2.00
  • Water Source: Well
  • Fuel Type: Propane
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1248.00
  • Above Grade Finished Area Search: 1248.00
  • Above Grade Finished Sq Ft: 1248.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1123.00
  • Below Grade Total Sq Ft: 1248.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Garage Area: 672.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11919
  • Listing Organization: Iowa
  • Living Area Finished: 2371.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1248.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 0935126023
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Unnamed Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Finished (Livable), Full, Poured Concrete, Walkout
  • Living Area: 2496.00
  • Fireplace: No
  • Stories: 1
  • Below Grade Finished Sq Ft: 1123.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt Shingles
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private

Association/Amenities

  • Property Amenities: Washer/Dryer Hookup

Schools

  • School District: Faribault
  • School District Phone: 507-333-6016

Lot Info

  • Waterfront YN: Yes
  • Assessment Pending: No
  • Lot Size: 85x90x140x160
  • Homestead: No
  • Lot Size Acres: 0.3300
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: HEINES CEDAR LAKEVIEW L1
  • Tax Amount: 1892.00
  • Tax Year: 2016
  • Tax With Assessments: 1892.00
  • Assessor Parcel Number: 0935126023

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: Faribault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
May 26, 2017
Sold by
Cosgrove John R and Cosgrove Karen K
Bought by
Spitt Greg J and Spitt Jill K
Seller's Agent
Lonnie Skalicky
Sterling Real Estate
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Total Days on Market
246
Current Estimated Value
$514,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,393
Avg. Annual Appreciation
7.98%
Original Mortgage
$247,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Sloltz Darrell L
Bought by
Cosgrove John K and Cosgrove Karen K

Range of Values:

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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
Spitt Greg J $275,000 North American Title Company
Cosgrove John K $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spite Gregory J $99,990
Closed Spitt Greg J $52,000
Closed Spitt Greg J $20,000
Open Spitt Gregory J $288,000
Closed Spitt Jill Kristine $35,000
Closed Spitt Greg J $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $275,000 -15.4% $110 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
08/16/2016 08/16/16 For Sale $325,000 -- $130 / 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 $3,518 $438,400 $106,200 $332,200
2024 $3,518 $394,300 $95,300 $299,000
2023 $2,872 $394,300 $95,300 $299,000
2022 $2,652 $357,900 $88,800 $269,100
2021 $2,406 $295,300 $78,000 $217,300
2020 $2,356 $258,200 $78,000 $180,200
2019 $2,436 $251,400 $78,000 $173,400
2018 $2,044 $247,800 $78,000 $169,800
2017 $1,804 $238,900 $78,000 $160,900
2016 $1,892 $200,000 $78,000 $122,000
2015 $1,642 $198,800 $78,000 $120,800
2014 -- $197,500 $78,000 $119,500
Source: Public Records

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Source: NorthstarMLS

MLS Number: 5111815

NorthstarMLS

APN: 09.35.1.26.023