NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,455,213

4 Beds
4 Baths
2,823 Sq Ft
$373/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $465,000 $165 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,865/month

63 Days on Market

Highlights

  • Lake Front
  • Beach View
  • 15 Acre Lot
  • Schumann Elementary School Rated A-
  • Sauna
  • Deck

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 Listed By

John Adams

Compass Listed on: 04/16/2014

Compass

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

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Skylights
  • Living Room with Fireplace
  • Sauna
  • Beach Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

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

0

Parking

5

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 5.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Fuel Type: Propane
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 2823.00
  • Above Grade Finished Area Search: 2823.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 644.00
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 58
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3467.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1311824330001
  • Property Out Building Type: Garage(s), Workshop
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Independence
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Daylight/Lookout Windows, Finished (Livable), Full, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Living Room
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: 3/4 Basement, Full Master, Jetted Tub, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 644.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 832.02000
  • Waterfront View: East, Lake, Panoramic
  • Fencing: None
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Attached Garage, Detached Garage, Driveway - Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: Private

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Balcony, Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Sauna, Skylight, Tile Floors, Washer/Dryer Hookup

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 2
  • Assessment Pending: No
  • Lot Size: Irregular
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Lot Size Acres: 15.0000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lengthy
  • Tax Amount: 8295.00
  • Tax Year: 2014
  • Tax With Assessments: 8294.60
  • Assessor Parcel Number: 1311824330001

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2016
Sold by
Haley Jeffrey C and Haley Katherine L
Bought by
Independence 2485 Llc
Total Days on Market
63
Current Estimated Value
$1,053,053

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 23, 2014
Sold by
Kleinbank
Bought by
Haley Jeffrey C and Haley Katherine L
Seller's Agent
John Adams
Compass
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
7.82%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Snyder Jerry J
Bought by
Kleinbank

Purchase Details

Closed on
Sep 16, 2011
Sold by
Snyder Jerry J
Bought by
Kleinbank

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
Independence 2485 Llc -- Attorney
Haley Jeffrey C $465,000 Burnet Title
Kleinbank $75,000 None Available
Kleinbank $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Independence 2485 Llc $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $465,000 -21.8% $165 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $595,000 0.0% $211 / Sq Ft
01/26/2013 01/26/13 Rented $2,000 -20.0% --
12/27/2012 12/27/12 Under Contract -- -- --
11/01/2012 11/01/12 For Rent $2,500 -- --
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 $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

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Source: NorthstarMLS

MLS Number: NST4468333

NorthstarMLS

APN: 13-118-24-33-0001