NOT LISTED FOR SALE

2622 Latoka Dr SW Alexandria, MN 56308

Estimated Value: $482,465 - $560,000

4 Beds
2 Baths
1,731 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $461,500 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,015/month

14 Days on Market

Highlights

  • 165 Feet of Waterfront
  • Loft
  • Stainless Steel Appliances
  • Lincoln Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of August 2023

Check out this amazing shoreline on Lake Latoka with 165 feet of level sand and gorgeous sunset views. Plus you get not one but two cabins that are only 50 ft from the lake! Each cabin has 2 bedrooms (not all have closets), 1 bathroom, kitchen and living room plus spacious lofts. You could easily use one cabin for guests or buy this property with someone and each have your own cabin with 1⁄2 the expense. With the new hickory cabinets, new carpeting, new appliances and pine trim throughout they are move in ready with up north vibes. The tan cabin has a forced air furnace and the blue cabin has a wall mounted gas heater to enable year-round use. The single car garage has been converted to a workshop and storage area. Lake Latoka is a premier lake in Alexandria on city sewer, just minutes from downtown and 2 hours from the Twin Cities.

Last Agent to Sell the Property

Kim Kettler

Realty ONE Group Choice Listed on: 06/28/2023

Last Buyer's Agent

Bobbi Jo Crouse

Counselor Realty Inc of Alex

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1982

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 174 x 100 x 165 x 69
  • 165 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,731 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Water Source
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 271381000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,796

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1731
  • Water Body Name: Latoka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1731
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Loft, Dining Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Lake, West
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 165

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Forced Air, Other
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 174 x 100 x 165 x 69
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 271381000
  • Tax Annual Amount: 2796
  • TaxWithAssessments: 2796.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 2, 2023
Sold by
Casey William A and Casey Kelley R
Bought by
Lakes Rei Llc
Seller's Agent
Kim Kettler
Realty ONE Group Choice
Buyer's Agent
Bobbi Jo Crouse
Counselor Realty Inc of Alex
List Price
$479,000
Sold Price
$461,500
Premium/Discount to List
-$17,500
-3.65%
Views
235
Current Estimated Value
$520,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,988
Avg. Annual Appreciation
5.32%
Original Mortgage
$369,200
Outstanding Balance
$228,723
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$291,765

Purchase Details

Closed on
May 10, 2019
Sold by
Dirkes Scott and Dirkes Christi
Bought by
Casey William A and Casey Kelley R

Purchase Details

Closed on
May 7, 2015
Sold by
Kluver Brian A and Kluver Margie
Bought by
Casey William A and Casey Kelley R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lakes Rei Llc $461,500 Integrity Title
Casey William A $134,500 Ancona Title & Escrow
Casey William A $100,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakes Rei Llc $369,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $461,500 -3.7% $267 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $479,000 -- $277 / 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
2025 $3,204 $405,600 $248,300 $157,300
2024 $3,204 $374,900 $223,400 $151,500
2023 $2,882 $315,400 $204,800 $110,600
2022 $2,650 $297,000 $194,500 $102,500
2021 $2,662 $257,700 $177,900 $79,800
2020 $2,744 $248,000 $173,800 $74,200
2019 $2,724 $247,100 $173,800 $73,300
2018 $2,596 $237,400 $165,500 $71,900
2017 $2,484 $230,400 $165,500 $64,900
2016 $2,498 $220,675 $160,535 $60,140
2015 $2,744 $0 $0 $0
2014 -- $232,100 $173,800 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6394874

NorthstarMLS

APN: 27-1381-000