$277,500
SOLD MAY 10, 2024

203 Lake St E Cologne, MN 55322

3 Beds
1.5 Baths
1,605 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • 2 Fireplaces
  • Porch
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Family Room

About This Home

As of June 2025

This charming open layout home has been updated top to bottom. Brand new bathroom and carpet 2024, furnace 2023, roof 2020! Some features you may never see again like a hidden phone charging station, a bookshelf door to the basement, multiple wood burning stoves, a heated garage, and privacy fence 2021. Just a short walk to Benton Lake, the Cologne Splash Pad and City Square Park. See everything else this home has to offer on our features sheet!

Last Agent to Sell the Property

Joshua Nelson

Keller Williams Classic Rlty NW Brokerage Phone: 763-355-4132 Listed on: 03/26/2024

Keller Williams Classic Rlty NW

Last Buyer's Agent

Michelle Petersen

Associated, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 32x99

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1,605 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • City Lts Of Cologne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400500080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Year Built

Built in 1920

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
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1605
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-355-4132
  • Attribution Contact: 763-355-4132
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1605
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Detached, Heated Garage
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Central
  • SchoolDistrictNumber: 108
  • SchoolDistrictPhone: 952-467-7000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 32x99
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 400500080
  • Tax Annual Amount: 2919
  • TaxWithAssessments: 3170.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jun 23, 2025
Sold by
Petersen Scott
Bought by
Keegan Daniel and Keegan Tanya Kay
Seller's Agent
John Clay
Associated, REALTORS
Buyer's Agent
Thom Miller
Keller Williams Realty Integrity
List Price
$294,900
Sold Price
$301,000
Premium/Discount to List
$6,100
2.07%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.54%

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 10, 2024
Sold by
Larson Luke and Larson Kristen
Bought by
Petersen Scott
Seller's Agent
Joshua Nelson
Keller Williams Classic Rlty NW
Buyer's Agent
Michelle Petersen
Associated, REALTORS
List Price
$290,000
Sold Price
$277,500
Premium/Discount to List
-$12,500
-4.31%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$263,100
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2016
Sold by
Knauer Elroy and Knauer Kathryn
Bought by
Larson Luke T and Larson Kristen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,274
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2012
Sold by
Knauer Mary E
Bought by
Knauer Elroy

Purchase Details

Closed on
Apr 20, 2001
Sold by
Zimmer William T and Zimmer Yolanda M
Bought by
Keltgen John P and Keltgen Theresa A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $301,000 Watermark Title
Deed $277,500 --
Warranty Deed $144,900 Title Mark Llc
Quit Claim Deed -- None Available
Warranty Deed $131,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $263,100 New Conventional
Previous Owner $59,000 Credit Line Revolving
Previous Owner $183,000 New Conventional
Previous Owner $187,088 Future Advance Clause Open End Mortgage
Previous Owner $142,274 FHA
Previous Owner $164,800 Negative Amortization
Previous Owner $20,550 Future Advance Clause Open End Mortgage
Previous Owner $176,948 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $301,000 +2.1% $188 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $294,900 +6.3% $184 / Sq Ft
05/10/2024 05/10/24 Sold $277,500 -4.3% $173 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $290,000 -- $181 / 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 $3,080 $260,400 $80,000 $180,400
2024 $3,053 $248,200 $75,000 $173,200
2023 $3,170 $236,200 $75,000 $161,200
2022 $2,636 $243,400 $70,000 $173,400
2021 $2,172 $181,400 $54,300 $127,100
2020 $2,212 $181,400 $54,300 $127,100
2019 $2,228 $173,100 $51,700 $121,400
2018 $2,038 $173,100 $51,700 $121,400
2017 $1,686 $145,100 $43,200 $101,900
2016 $1,640 $111,900 $0 $0
2015 $1,632 $102,400 $0 $0
2014 $1,632 $90,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6509791

NorthstarMLS

APN: 40.0500080