3096 Fairview Rd SW Prior Lake, MN 55372
Estimated Value: $605,000 - $678,000
4
Beds
2
Baths
2,317
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- 40 Feet of Waterfront
- Beach Access
- No HOA
- Hidden Oaks Middle School Rated A-
- Lake View
- Den
About This Home
As of March 2024Wonderful one level living home on Spring Lake! Most affordable home on the lake. Unique opportunity to own on the lake with additional garage lot across the road. Remodel, update or tear down. Opportunities for today or tomorrow. Home comes with available dock and lift. Flexible closing could get you on the lake this spring. Classic cabin living with a taste of vintage style. Kitchen with granite counters and maple cabinets. Welcome to Prior Lake and all that it has offer today and well into the future.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,132
Year Built
- Built in 1954
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 40x194x51x190
- 40 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Wood Fence
- Additional Parcels
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Flex
Interior Spaces
- 1-Story Property
- Family Room
- Sitting Room
- Living Room
- Den
- Lake Views
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Drainage System
- Sump Pump
- Drain
- Natural lighting in basement
Outdoor Features
- Beach Access
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Fairview Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 251320090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 25, 2024
Sold by
The Estate Of Carol J Wangerin
Bought by
Spalding Joel
Seller's Agent
Jim Gilbertson
Edina Realty, Inc.
Buyer's Agent
Lauren Peters
RE/MAX Preferred
List Price
$675,000
Sold Price
$637,500
Premium/Discount to List
-$37,500
-5.56%
Total Days on Market
37
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,086
Avg. Annual Appreciation
0.41%
Original Mortgage
$478,125
Outstanding Balance
$472,787
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$167,799
Similar Homes in Prior Lake, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spalding Joel | $637,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spalding Joel P | $478,125 | |
| Closed | Spalding Joel | $461,576 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $637,500 | -5.6% | $275 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 01/27/2024 01/27/24 | For Sale | $675,000 | -- | $291 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,954 | $592,000 | $399,000 | $193,000 |
| 2024 | $5,948 | $586,400 | $395,100 | $191,300 |
| 2023 | $5,132 | $553,900 | $373,000 | $180,900 |
| 2022 | $5,040 | $518,500 | $337,600 | $180,900 |
| 2021 | $4,572 | $435,600 | $287,500 | $148,100 |
| 2020 | $4,552 | $386,400 | $241,500 | $144,900 |
| 2019 | $4,512 | $368,800 | $224,700 | $144,100 |
| 2018 | $4,806 | $0 | $0 | $0 |
| 2016 | $3,948 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Gilbertson
Seller's Agent in 2024
Jim Gilbertson
Edina Realty, Inc.
(651) 235-3908
43 in this area
70 Total Sales
-
Lauren Peters
Buyer's Agent in 2024
Lauren Peters
RE/MAX
(612) 751-9620
30 in this area
95 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6460867
APN: 25-132-009-0
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