NOT LISTED FOR SALE

3081 Fairlawn Ln Prior Lake, MN 55372

Estimated Value: $566,000 - $758,000

1 Bed
1 Bath
1,280 Sq Ft
$536/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $213,000 $166 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $4,084/month

21 Days on Market

Highlights

  • Lake Front
  • Fireplace
  • Eat-In Kitchen
  • Jordan Middle School Rated A-
  • Attached Garage
  • Landscaped with Trees

About This Home

As of August 2013

Lake Front Home! Enjoy the beauty of this home w/largest lot in the block & 100 ft of sandy beach lake shore. The secluded setting & pristine view of the lake w/private docking option is rarely found. Renovate or make addition and maximize your return.

Last Agent to Sell the Property

Nematullah JanetKhan

RE/MAX Advantage Plus Listed on: 07/09/2013

Last Buyer's Agent

Mark Reiland

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1949

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 110010040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.53
  • Assessment Balance: 10748
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1280
  • Parcel Number: 110010040
  • Projected Closed Date: 08/09/2013
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 13250
  • Comp Dev Subdiv Name: Ben's Bay
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 20x23, On Level: Main
  • Room 4: Kitchen, 16x17, On Level: Main
  • Room 5: Bedroom, 14x11, On Level: Main
  • Room 9: Den/Office, 11x11, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1280
  • Total Fin Square Footage: 1280

Exterior Features

  • Frontage Road: City
  • LakeAcres: 172.95
  • Waterfront Name: Fish
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Jordan #717

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1949

Tax Info

  • Year: 2012
  • Tax Value: 2502

MLS Schools

  • School District: Jordan #717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Aug 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Newman Matthew D and Newman Gretchen M
Seller's Agent
Nematullah JanetKhan
RE/MAX Advantage Plus
Buyer's Agent
Mark Reiland
RE/MAX Advantage Plus
List Price
$234,900
Sold Price
$213,000
Premium/Discount to List
-$21,900
-9.32%
Current Estimated Value
$685,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,765
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
May 17, 2012
Sold by
Bank Of America National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2012
Sold by
Lucken Kathryn F and Brude Michael D
Bought by
Bank Of America National Association
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 Buyer Sale Price Title Company
Newman Matthew D -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Bank Of America National Association $478,412 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2013 08/14/13 Sold $213,000 -9.3% $166 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $234,900 -- $184 / 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 $5,372 $634,000 $302,200 $331,800
2024 $5,136 $618,000 $285,400 $332,600
2023 $4,404 $577,900 $267,000 $310,900
2022 $3,836 $578,700 $267,000 $311,700
2021 $3,884 $433,600 $203,000 $230,600
2020 $4,030 $433,600 $203,000 $230,600
2019 $6,024 $426,800 $197,400 $229,400
2018 $5,058 $0 $0 $0
2016 $4,872 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nematullah JanetKhan

    RE/MAX

  • M

    Buyer's Agent in 2013

    Mark Reiland

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4505230

REALTOR® Association of Southern Minnesota

APN: 11-001-004-0

Minnesota Scott County Prior Lake 55372

3081 Fairlawn Ln, Prior Lake, MN

This home is located at 3081 Fairlawn Ln, Prior Lake, MN 55372 since 09 July 2013 and is currently estimated at $685,765, approximately $535 per square foot. This property was built in 1949. 3081 Fairlawn Ln is a home located in Scott County with nearby schools including Jordan Elementary School, Jordan Middle School, and Jordan High 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.

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