NOT LISTED FOR SALE

3061 The Narrows Dr SW Alexandria, MN 56308

Estimated Value: $790,000 - $923,000

5 Beds
3 Baths
3,788 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $825,000 $218 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,091/month

3 Days on Market

Highlights

  • 97 Feet of Waterfront
  • Deck
  • Radiant Floor
  • Lincoln Elementary School Rated A-
  • Recreation Room
  • Sun or Florida Room

About This Home

As of July 2023

This is what dreams are made of... LEVEL LOT & SANDY BEACH just minutes from the heart of Alexandria on a dead end road! This immaculate lot is unmatched on super desirable Lake Latoka! The calm lake, morning sunrises and a cup of hot coffee observing all of the magic this property provides is truly a dream. Step into this gorgeous, custom-built 5 bedroom (all offering lakeside views) & 3 bathroom home. The kitchen has a premier lakeside view and consists of beautifully designed custom cabinetry and a spacious pantry. Vaulted ceilings in the living room and attractive floor to ceiling stone fireplace also set this property apart along with the lakeside sunroom and maintenance free deck. The open concept throughout the main level provide many amazing lakeside views and a light & airy ambiance. Other features this one owner home provide are the in ground sprinkler system, large garage w/ in-floor heat, in-floor heat in the basement, tons of storage, main level den/laundry and 1000 Mbps!

Last Agent to Sell the Property

Stu Wood

Edina Realty, Inc. Listed on: 05/30/2023

Edina Realty, Inc.

Last Buyer's Agent

Stu Wood

Edina Realty, Inc. Listed on: 05/30/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,540

Year Built

  • Built in 2004

Lot Details

  • 0.54 Acre Lot
  • 97 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Utility Room Floor Drain
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • 200+ Amp Service
  • Well
  • Water Softener is Owned
  • Fuel Tank

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • No Home Owners Association
  • Latoka Narrows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271789980

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,540

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 2112
  • Water Body Name: Latoka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Concrete, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dryer, Fuel Tank - Owned, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 3788
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1676
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Kitchen, Dining Room, Den, Sun Room, Bedroom 1, Walk In Closet, Primary Bathroom, Laundry, Bedroom 2, Bathroom, Deck, Family Room, Recreation Room, Bar/Wet Bar Room, Bedroom 3, Bedroom 4, Bedroom 5, Storage, Utility Room
  • SqFtTotal: 4056.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: North
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 97

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Boiler, Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 103 226 97 244
  • Lot Size Sq Ft: 23522.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 271789980
  • Tax Annual Amount: 5540
  • TaxWithAssessments: 5540.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 6, 2023
Sold by
Weigand Curtis G and Weigand Laraine C
Bought by
Revocable Trust
Seller's Agent
Stu Wood
Edina Realty, Inc.
Buyer's Agent
Stu Wood
Edina Realty, Inc.
List Price
$825,000
Sold Price
$825,000
Views
27
Current Estimated Value
$860,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,938
Avg. Annual Appreciation
1.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocable Trust $825,000 Integrity Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $825,000 0.0% $218 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $825,000 -- $218 / 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 $6,538 $770,700 $206,800 $563,900
2024 $6,538 $735,500 $186,000 $549,500
2023 $5,844 $628,300 $151,400 $476,900
2022 $5,004 $580,600 $143,800 $436,800
2021 $4,914 $500,900 $131,600 $369,300
2020 $4,910 $473,000 $128,500 $344,500
2019 $4,586 $459,900 $128,500 $331,400
2018 $4,264 $438,600 $122,400 $316,200
2017 $4,018 $406,700 $122,400 $284,300
2016 $4,082 $384,799 $118,728 $266,071
2015 $4,200 $0 $0 $0
2014 -- $382,300 $128,500 $253,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6378350

NorthstarMLS

APN: 27-1789-980