$131,000
SOLD OCT 30, 2012

2840 Spring Lake Rd SW Prior Lake, MN 55372

3 Beds
1.5 Baths
1,560 Sq Ft
0.29 Acres

Recently Sold

$84 Per Sq Ft

22% Below List Price

91 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Hidden Oaks Middle School Rated A-
  • Bathroom on Main Level
  • 1-minute walk to Northwood Park

About This Home

As of June 2013

Great opportunity to own a home across from Spring Lake. This home has great potential and with Prior Lake schools, it is very deisrable for a family.

Last Agent to Sell the Property

Kyle White

RE/MAX Advantage Plus Listed on: 07/19/2012

Last Buyer's Agent

Mark Reiland

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,220

Year Built

  • 1985

Lot Details

  • 0.29 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof

Interior Spaces

  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 251330594

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,220

Year Built

1985

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.29
  • Assessment Balance: 565.9
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 960
  • Parcel Number: 251330594
  • Projected Closed Date: 10/25/2012
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2632
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x15, On Level: Upper
  • Room 2: Dining Room, 9x9, On Level: Upper
  • Room 3: Family Room, 23x19, On Level: Lower
  • Room 4: Kitchen, 10x8, On Level: Upper
  • Room 5: Bedroom, 13x11, On Level: Upper
  • Room 6: Bedroom, 12x9, On Level: Upper
  • Room 7: 13x11, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 1560

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jun 14, 2013
Sold by
Lawrence Jesse Jesse
Bought by
Washa Ann Ann
Seller's Agent
Jamie Jones
RE/MAX Advantage Plus
Buyer's Agent
Rick Guidarelli
Edina Realty, Inc.
List Price
$234,900
Sold Price
$224,000
Premium/Discount to List
-$10,900
-4.64%
Current Estimated Value
$407,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,215
Avg. Annual Appreciation
4.80%
Original Mortgage
$212,800
Outstanding Balance
$156,616
Interest Rate
3.98%
Estimated Equity
$239,397

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Lawrence Jesse
Seller's Agent
Kyle White
RE/MAX Advantage Plus
Buyer's Agent
Mark Reiland
RE/MAX Advantage Plus
List Price
$168,900
Sold Price
$131,000
Premium/Discount to List
-$37,900
-22.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.56%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Bechsted Kelly R and Bechsted Paul
Bought by
Dobson Walleece Sharon and Dobson Kelly

Purchase Details

Closed on
Feb 26, 1998
Sold by
Preuss Larry D and Preuss Debi
Bought by
Mcgovern Kelly R
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 Type Sale Price Title Company
Deed $224,000 --
Limited Warranty Deed -- Trademark Title Services Inc
Warranty Deed $142,500 --
Warranty Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $129,000 Commercial
Open $212,800 No Value Available
Previous Owner $151,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $224,000 -4.6% $135 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $234,900 +79.3% $142 / Sq Ft
10/30/2012 10/30/12 Sold $131,000 -22.4% $84 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $168,900 -- $108 / Sq Ft
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 $3,220 $338,700 $171,400 $167,300
2024 $3,164 $339,600 $171,400 $168,200
2023 $3,258 $318,200 $160,100 $158,100
2022 $2,986 $336,800 $160,100 $176,700
2021 $2,934 $268,300 $122,400 $145,900
2020 $2,646 $259,100 $115,600 $143,500
2019 $2,640 $227,900 $88,200 $139,700
2018 $2,644 $0 $0 $0
2016 $2,170 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4349390

REALTOR® Association of Southern Minnesota

APN: 25-133-059-4