NOT LISTED FOR SALE

2180 Clubhouse Dr Lake City, MN 55041

Estimated Value: $439,000 - $532,000

0.29 Acre
$1,708,655 Price per Acre
12,632 Sq Ft Lot

Last Sold August 14, 2013

Last sale price $15,500

Est. 3,097% increase in value since last sale

Current estimated payment $3,115/month

19 Days on Market

About This Lot

As of August 2013

Split entry walk-out site.

Last Agent to Sell the Property

Martin Otto

Martin Realty, Inc. Listed on: 07/17/2013

Last Buyer's Agent

Martin Otto

Martin Realty, Inc. Listed on: 07/17/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,006

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Finished Lot(s)

HOA Fees

  • $8 Monthly HOA Fees

Additional Features

  • Agricultural
  • Phone Available

Community Details

  • Association fees include snow removal, lawn care

Listing and Financial Details

  • Assessor Parcel Number 2202501

Property Details

Property Type

Land

Est. Annual Taxes

$6,006

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 2202501
  • Projected Closed Date: 08/14/2013
  • Street Designation: Drive
  • Taxes With Assessments: 552
  • Estimated Number of Acres: 0.29
  • Additional Information: Platted, Survey Stakes, Torrens
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas, Storm Sewer, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 14, 2013
Sold by
Otto Martin H and Simonson Catherine M
Bought by
Sprout Kevin E and Sprout Jamie A
Seller's Agent
Martin Otto
Martin Realty, Inc.
Buyer's Agent
Martin Otto
Martin Realty, Inc.
List Price
$18,975
Sold Price
$15,500
Premium/Discount to List
-$3,475
-18.31%
Current Estimated Value
$495,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,010
Avg. Annual Appreciation
32.81%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Residences At The Jewel Llc
Bought by
Otto Martin H and Simonson Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,960
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

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
Sprout Kevin E $15,500 None Available
Otto Martin H $129,951 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otto Martin H $103,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $15,500 -18.3% --
08/05/2013 08/05/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $18,975 -- --
Source: REALTOR® Association of Southern Minnesota

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 $6,006 $491,900 $60,000 $431,900
2024 $6,006 $458,100 $60,000 $398,100
2023 $6,190 $456,100 $60,000 $396,100
2022 $5,028 $434,400 $60,000 $374,400
2021 $4,688 $332,400 $50,000 $282,400
2020 $4,728 $309,000 $50,000 $259,000
2019 $1,608 $310,300 $50,000 $260,300
2018 $600 $123,100 $50,000 $73,100
2017 $584 $30,000 $30,000 $0
2016 $602 $0 $0 $0
2015 $602 $0 $0 $0
2012 $734 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Martin Otto

    Martin Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4521708

REALTOR® Association of Southern Minnesota

APN: R-22.02501.00

Minnesota Wabasha County Lake City 55041

2180 Clubhouse Dr, Lake City, MN

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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