NOT LISTED FOR SALE

2902 The Narrows Dr SW Alexandria, MN 56308

Estimated Value: $559,000 - $714,000

4 Beds
2 Baths
1,056 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $275,800 $261 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,535/month

47 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Sandy Beach
  • Heated Floors
  • Lincoln Elementary School Rated A-
  • Sauna
  • Deck

About This Home

As of August 2012

Level lot. Walkout ranch with deck on lakeside with great view of lake. Sandy lake shore, sauna in separate building on lakeside. Ideal garage with lots of storage space. All measurements are approx.

Last Agent to Sell the Property

Jeri Dawson

Coldwell Banker Crown Realtors Listed on: 05/24/2012

Last Buyer's Agent

Jeri Dawson

Coldwell Banker Crown Realtors Listed on: 05/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 1984

Lot Details

  • 0.58 Acre Lot
  • 98 Feet of Waterfront
  • Sandy Beach
  • Landscaped

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Log Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Dining Room
  • Sauna
  • Heated Floors
  • Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 27-1789-860

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,170

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Deck, Patio, Sauna
  • Estimated Number of Acres: 0.58
  • Beach Type: Sand
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 27-1789-860
  • Range: 38.00
  • Section: 27.00
  • Stories: 1 Story
  • Twp Number: 128.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dryer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 16x11, On Level: Main
  • Room 2: Bedroom, 12x11, On Level: Lower
  • Room 3: Bedroom, 14x11, On Level: Lower
  • Room 4: Den/Office, 7x6, On Level: Main
  • Room 5: Dining Room, 16.7x14, On Level: Main
  • Room 6: Family Room, 17x14, On Level: Lower
  • Room 9: Kitchen, 10x8, On Level: Main
  • Room 11: Laundry Room, 11x5, On Level: Lower
  • Room 12: Living Room, 13.6x15, On Level: Main
  • Room 15: Other, 7x8, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1056
  • Below Grade Finished Sq Ft: 900
  • Total Square Footage: 1956

Exterior Features

  • Frontage Road: Paved
  • Lake Class: Gen Development
  • Waterfront Name: Latoka
  • Construction Type: Frame/Wood
  • Exterior: Log, Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 98

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: Private

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 25

Lot Info

  • Estimated Lot Dimensions: 98 244 135 181
  • Lot/Land Description: Landscaped

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2012
  • Tax Value: 3170

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Kracht Nancy J and Kracht Lance F
Bought by
Kracht Nancy J and Kracht Lance F
Current Estimated Value
$606,449

Purchase Details

Listed on
May 24, 2012
Closed on
Aug 30, 2012
Sold by
Lindquist Christine F
Bought by
Kracht Lance F and Kracht Nancy Jo
Seller's Agent
Jeri Dawson
Coldwell Banker Crown Realtors
Buyer's Agent
Jeri Dawson
Coldwell Banker Crown Realtors
List Price
$309,000
Sold Price
$275,800
Premium/Discount to List
-$33,200
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$220,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Kracht Nancy J -- None Listed On Document
Kracht Lance F $500 None Listed On Document
Kracht Lance F $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kracht Lance F $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2012 08/29/12 Sold $275,800 -10.7% $261 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $309,000 -- $293 / 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 $3,970 $519,300 $270,000 $249,300
2024 $3,970 $487,100 $243,000 $244,100
2023 $3,830 $442,500 $222,800 $219,700
2022 $3,522 $412,800 $211,500 $201,300
2021 $3,528 $356,700 $193,500 $163,200
2020 $3,608 $342,100 $189,000 $153,100
2019 $3,578 $337,600 $189,000 $148,600
2018 $3,446 $323,600 $180,000 $143,600
2017 $3,214 $310,100 $180,000 $130,100
2016 $3,244 $289,836 $174,600 $115,236
2015 $3,500 $0 $0 $0
2014 -- $300,100 $189,000 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4241594

REALTOR® Association of Southern Minnesota

APN: 27-1789-860