NOT LISTED FOR SALE

2485 Independence Rd Independence, MN 55359

Estimated Value: $974,000 - $1,315,000

4 Beds
4 Baths
3,467 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2014

Last sale price $465,000 $134 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $7,584 / mo

63 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Deck
  • Schumann Elementary School Rated A-
  • 15 Acre Lot
  • Wood Flooring

About This Home

As of June 2014

Lakeshore Subdivision Potential -- Situated on Lake Independence with approx. 1000ft of east facing shore offering panoramic views and mature tree coverage. Current house and outbuildings have remodel potential, however value is in the land.

Last Agent to Sell the Property

John Adams

Coldwell Banker Burnet Listed on: 04/16/2014

Last Buyer's Agent

John Adams

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 1958

Lot Details

  • 15 Acre Lot
  • Lake Front
  • Irregular Lot
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Skylights
  • Fireplace
  • Dining Room
  • Open Floorplan
  • Workshop
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1311824330001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,295

Year Built

Built in 1958

Lot Details

15 Acres

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Sauna, Skylight, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt, Patio, Porch, Sauna
  • Estimated Number of Acres: 15
  • Construction: Previously Owned
  • Foundation Size: 1887
  • Parcel Number: 1311824330001
  • Road Between Waterfront And Home: Yes
  • Stories: 2 Story
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 25x15, On Level: Main
  • Room 2: Dining Room, 16x13, On Level: Main
  • Room 3: Family Room, 19x12, On Level: Main
  • Room 4: Kitchen, 15x8, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 14x14, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Rec Room, 28x23, On Level: Lower
  • Room 10: Deck, 30x16, On Level: Main
  • Room 11: 3 Season Porch, 21x9, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2823
  • Below Grade Finished Sq Ft: 644
  • Total Fin Square Footage: 3467

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 832.02
  • Waterfront Name: Independence
  • Exterior: Wood
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2014
  • Tax Value: 8295

MLS Schools

  • School District: Orono #278

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2016
Sold by
Bought by
Current Estimated Value
$1,185,724

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 23, 2014
Sold by
Bought by
Seller's Agent
John Adams
Coldwell Banker Burnet
Buyer's Agent
John Adams
Coldwell Banker Burnet
List Price
$595,000
Sold Price
$465,000
Premium/Discount to List
-$130,000
-21.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$465,000 Burnet Title
$75,000 None Available
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $357,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $465,000 -21.8% $134 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $595,000 -- $172 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,161 $1,127,000 $545,000 $582,000
2024 $12,492 $1,008,400 $528,000 $480,400
2023 $11,970 $995,100 $496,000 $499,100
2022 $10,777 $900,000 $472,000 $428,000
2021 $9,908 $784,000 $432,000 $352,000
2020 $9,562 $723,000 $408,000 $315,000
2019 $9,527 $680,000 $378,000 $302,000
2018 $9,641 $668,000 $387,000 $281,000
2017 $9,137 $633,000 $360,000 $273,000
2016 $8,312 $587,000 $360,000 $227,000
2015 $8,566 $607,000 $380,000 $227,000
2014 -- $584,000 $380,000 $204,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Adams

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4604704

REALTOR® Association of Southern Minnesota

APN: 13-118-24-33-0001

Minnesota Hennepin County Independence 55359

2485 Independence Rd, Independence, 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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