NOT LISTED FOR SALE

21128 Mustang Ln Forest Lake, MN 55025

Estimated Value: $231,000 - $256,774

3 Beds
2 Baths
1,485 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $121,500 $82 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,767/month

14 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Zero Lot Line
  • 4-minute walk to Bridle Pass Park

About This Home

As of June 2015

Middle unit with decorative ceilings, two sided stone fireplace, main level laundry and private master suite. Unfinished LL with egress window for additional living space. Great location close to schools and freeways.

Last Listed By

Bruce McAlpin

Edina Realty, Inc. Listed on: 04/10/2015

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 2004

Lot Details

  • 1,350

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1,485 Sq Ft Home
  • Woodwork
  • Double Sided Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Zero Lot Line
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include building exterior, hazard insurance, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care
  • First Service Residential Association
  • Bridle Pass Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1603221330166

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,411

Year Built

Built in 2004

Lot Details

0

HOA Fees

$212 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (TH) Side by Side
  • Cooling System: Central
  • Outside Features: Stucco, Vinyl
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1485.00
  • Above Grade Finished Area Search: 1485.00
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Co Listing Association Office S K: 3116
  • Floor Plan Type: 3 BR on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 3116
  • Listing Organization: Iowa
  • Living Area Finished: 1485.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1603221330166
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc
  • Tax Assessment Balance: 3.00
  • Townhouse Type: Multi-Level
  • Special Features: 20
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Full, Unfinished
  • Fireplace Features: 2-Sided, Living Room
  • Dining Room Features: Kitchen/Dining Room
  • Bathroom Type: 3/4 Master, Main Floor 1/2 Bath, Private Master, Upper Level Full Bath
  • Fireplace: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care
  • Association Fee: 212.00

Association/Amenities

  • Property Amenities: Hardwood Floors, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 831 - Forest Lake
  • School District Phone: 651-982-8103

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: Common
  • Homestead: No
  • Lot Features: Zero Lot Line
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SUBDIVISIONNAME BRIDLE PASS 5TH ADD LOT 70 BLOCK 1 SUBDIVISIONCD 00944
  • Tax Amount: 1411.00
  • Tax Year: 2015
  • Tax With Assessments: 1414.00
  • Assessor Parcel Number: 1603221330166

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 831 - Forest Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 6, 2015
Sold by
The Bank Of New York Mellon
Bought by
Li Ruilin
Seller's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$118,200
Sold Price
$121,500
Premium/Discount to List
$3,300
2.79%
Total Days on Market
14
Current Estimated Value
$241,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,694
Avg. Annual Appreciation
7.16%
Original Mortgage
$91,125
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2014
Sold by
Robinson Wayne A and Robinson Cassandra E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 17, 2003
Sold by
Pinnacle Homes Inc
Bought by
Bady James E

Range of Values:

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Average Value
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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
Li Ruilin $121,500 Servicelink
The Bank Of New York Mellon $168,582 None Available
Bady James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3L Re2 Llc $110,000
Previous Owner Li Ruilin $91,125
Previous Owner Robinson Wayne A $164,800
Closed Bady James E $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $121,500 0.0% $82 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/20/2015 04/20/15 Off Market $121,500 -- --
04/10/2015 04/10/15 For Sale $118,200 -- $80 / 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
2023 $2,612 $241,700 $42,000 $199,700
2022 $2,114 $227,900 $29,800 $198,100
2021 $2,080 $185,300 $24,000 $161,300
2020 $2,124 $179,400 $24,000 $155,400
2019 $1,976 $180,100 $24,000 $156,100
2018 $1,810 $163,600 $20,000 $143,600
2017 $1,874 $156,000 $17,500 $138,500
2016 $1,778 $143,800 $12,500 $131,300
2015 $1,414 $123,400 $15,000 $108,400
2013 -- $115,400 $15,100 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 4583338

NorthstarMLS

APN: 16-032-21-33-0166