NOT LISTED FOR SALE

228 Terning Way Howard Lake, MN 55349

Estimated Value: $266,000 - $332,031

3 Beds
2 Baths
1,228 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $300,000 $244 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,716/month

63 Days on Market

Highlights

  • New Construction
  • The kitchen features windows
  • 3 Car Attached Garage
  • No HOA
  • Porch
  • Walk-In Closet

About This Home

As of March 2023

**SELECT OUR INTEREST RATE BUY DOWN OPTION FOR LOWER MONTHLY PAYMENT. Ask us about our interest rate buy down options! Seller welcomes lease to own, contract for deed and other common financing options. See terms section for list. JP Brooks presents the Aspen floor plan on a lookout lot. Desirable Terning Trails community with nearby Lions Park Beach and boat access. Upgraded cabinets, SS appliances, vaulted ceilings, vinyl plank flooring and carpet. Unfinished basement could be finished in the future to add a family room, 4th and 5th bedroom and 3/4 bath for an extra 841 sq ft. Pictures, photographs, colors, features, and sizes are for illustration purposes only and may vary from the home that is built. Completed new construction home!

Last Agent to Sell the Property

Josh Pomerleau

JPW Realty Listed on: 12/21/2022

JPW Realty

Co-Listed By

Amelia Ivey

JPW Realty

Last Buyer's Agent

Amy Adam

Jason Mitchell Group

Jason Mitchell Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home

Interior Spaces

  • 1,228 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Drain
  • Crawl Space
  • Natural lighting in basement

Additional Features

  • Air Exchanger
  • Porch
  • 8,276 Sq Ft Lot
  • Sod Farm
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by JP BROOKS INC
  • Terning Trails 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109050006050

Home Details

Home Type

Single Family

Est. Annual Taxes

$442

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1228
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Drain Tiled, Finished, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1228
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Porch, Walk In Closet
  • SqFtTotal: 2069.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 641

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Howard Lake-Waverly-Winsted
  • SchoolDistrictNumber: 2687
  • SchoolDistrictPhone: 320-543-3521

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 686554
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 109050006050
  • Tax Annual Amount: 1
  • TaxWithAssessments: 1.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Mar 31, 2023
Sold by
Gb Land Llc
Bought by
Heu Lee and Heu Lee
Seller's Agent
Josh Pomerleau
JPW Realty
Buyer's Agent
Amy Adam
Jason Mitchell Group
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
63
Current Estimated Value
$304,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,008
Avg. Annual Appreciation
3.31%
Original Mortgage
$300,000
Outstanding Balance
$292,836
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$30,463

Purchase Details

Closed on
Jan 14, 2022
Sold by
City Of Howard Lake
Bought by
Gb Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.45%
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
Heu Lee $300,000 --
Gb Land Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heu Lee $300,000
Previous Owner Gb Land Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $300,000 -3.2% $244 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $309,900 -- $252 / 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
2024 $442 $286,700 $55,700 $231,000
2023 $442 $288,900 $47,700 $241,200
2022 $0 $26,200 $26,200 $0
2021 $0 $3,500 $0 $0
2020 $156 $2,600 $2,600 $0
2019 $156 $2,600 $0 $0
2018 $0 $2,600 $0 $0
2017 $0 $2,600 $0 $0
2016 $156 $0 $0 $0
2015 $161 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6317753

NorthstarMLS

APN: 109-050-006050