NOT LISTED FOR SALE

3096 Fairview Rd SW Prior Lake, MN 55372

Estimated Value: $561,000 - $762,000

4 Beds
2 Baths
2,317 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $637,500 $275 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,949/month

37 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Beach Access
  • No HOA
  • Hidden Oaks Middle School Rated A-
  • Lake View
  • Den

About This Home

As of March 2024

Wonderful 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.

Last Agent to Sell the Property

Jim Gilbertson

Edina Realty, Inc. Listed on: 01/24/2024

Edina Realty, Inc.

Last Buyer's Agent

Lauren Peters

RE/MAX Preferred

RE/MAX Preferred

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,132

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1439
  • Water Body Name: Spring
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2317
  • Fireplace: No
  • Below Grade Finished Sq Ft: 878
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Flex Room, Den, Three Season Porch, Bedroom 4, Sitting Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Fencing: Partial, Wood
  • View: Lake
  • Other Structures: Boat House
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 591
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Detached, Asphalt, Concrete, Garage Door Opener
  • Garage Square Feet: 720

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Kitchen Window,Natural Woodwork,Patio,Sun Room,Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40x194x51x190
  • Lot Size Sq Ft: 17424
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels Description: 251320230
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 251320090
  • Tax Annual Amount: 5132
  • TaxWithAssessments: 5132.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

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%
Views
98
Current Estimated Value
$651,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,717
Avg. Annual Appreciation
0.32%
Original Mortgage
$478,125
Outstanding Balance
$472,787
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$167,799
Source: Public Records

Range of Values:

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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
Spalding Joel $637,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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

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 $5,954 $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

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Map

Source: NorthstarMLS

MLS Number: 6460867

NorthstarMLS

APN: 25-132-009-0