NOT LISTED FOR SALE

305 Loraine Dr Lake Crystal, MN 56055

Estimated Value: $373,000 - $517,000

5 Beds
3 Baths
3,846 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $150,000 $39 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,720/month

50 Days on Market

Highlights

  • 3 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • Water Softener is Owned

About This Home

As of December 2014

This home is located at 305 Loraine Dr, Lake Crystal, MN 56055 since 16 October 2014 and is currently estimated at $423,652, approximately $110 per square foot. This property was built in 2004. 305 Loraine Dr is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary School.

Last Agent to Sell the Property

Gene Lancaster

RE/MAX Results Listed on: 10/16/2014

RE/MAX Results

Last Buyer's Agent

Jackie Graham

TRUE REAL ESTATE License #40292976

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,568

Year Built

  • 2004

Lot Details

  • Lot Dimensions are 121x60x164x164

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number R090731428002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,568

Year Built

2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R090731428002
  • Price Per Square Foot: 74
  • Sold Price Per Sq Ft: 57
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 2648
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Bedroom, 13x14, On Level: Main
  • Room 2: Bedroom, 10x11, On Level: Main
  • Room 3: Bedroom, 11x12, On Level: Main
  • Room 4: Bedroom, On Level: Lower
  • Room 5: Family Room, 14x15, On Level: Lower
  • Room 6: Den/Office, 10x10, On Level: Lower
  • Room 7: 11x12, On Level: Lower
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2646
  • Below Grade Finished Sq Ft: 1200
  • Tot Above Grade Sq Ft: 1323
  • Total Fin Square Footage: 3846
  • Total Square Footage: 2646
  • Tot Below Grade Sq Ft: 1323

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Lake Crystal-Wellcome Mem. #2071

Lot Info

  • Estimated Lot Dimensions: 121x60x164x164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2015
Sold by
Herbst John and Herbst Gwen
Bought by
Johnson Zachary and Herbst Johnson Laura
Current Estimated Value
$423,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 9, 2014
Sold by
Freedom Mortgage Corp
Bought by
Herbst John
Seller's Agent
Gene Lancaster
RE/MAX Results
Buyer's Agent
Jackie Graham
TRUE REAL ESTATE
List Price
$194,900
Sold Price
$150,000
Premium/Discount to List
-$44,900
-23.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Kramier Jamie and Kramier Amanda S
Bought by
Sichmeller Robert and Sichmeller Cherish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
4.01%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Zachary $205,000 --
Herbst John $150,000 Title One
Sichmeller Robert $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbst Johnson Laura $225,000
Closed Johnson Zachary $164,000
Previous Owner Sichmeller Robert $189,900
Previous Owner Kramer Jamie $108,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $150,000 -23.0% $39 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $194,900 -- $51 / 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 $4,568 $379,700 $36,400 $343,300
2024 $4,568 $356,300 $36,300 $320,000
2023 $3,778 $372,200 $36,300 $335,900
2022 $3,210 $298,400 $36,300 $262,100
2021 $3,066 $239,000 $36,300 $202,700
2020 $2,990 $219,900 $36,300 $183,600
2019 $2,738 $219,900 $36,300 $183,600
2018 $2,634 $202,200 $31,100 $171,100
2017 $2,664 $198,700 $31,100 $167,600
2016 $2,642 $189,800 $31,100 $158,700
2015 $26 $181,000 $31,100 $149,900
2014 $2,766 $182,600 $31,100 $151,500
Source: Public Records

Agents Affiliated with this Home

  • Gene Lancaster

    Seller's Agent in 2014

    Gene Lancaster

    RE/MAX

    (507) 344-2111

    1 in this area

    32 Total Sales

    Section Image
  • Jackie Graham

    Buyer's Agent in 2014

    Jackie Graham

    TRUE REAL ESTATE

    (507) 381-9010

    69 in this area

    115 Total Sales

    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7006874

REALTOR® Association of Southern Minnesota

APN: R09-07-31-428-002

Minnesota Blue Earth County Lake Crystal 56055

305 Loraine Dr, Lake Crystal, MN

This home is located at 305 Loraine Dr, Lake Crystal, MN 56055 since 16 October 2014 and is currently estimated at $423,652, approximately $110 per square foot. This property was built in 2004. 305 Loraine Dr is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes