NOT LISTED FOR SALE

315 315 Lake St Barrett, MN 56311

Estimated Value: $223,000 - $329,818

3 Beds
2.5 Baths
1,548 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $140,000 $90 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,934/month

182 Days on Market

Highlights

  • 270 Feet of Waterfront
  • Beach Access
  • Wood Flooring
  • Docks
  • Deck
  • Formal Dining Room

About This Home

As of November 2014

3BR 3BA Year Round Lake Cottage w/ 270' of lakeshore just steps away from the water! Park like setting. Many updates. Wood burning fireplace with French doors leading out to the deck on the lakeside. Walking distance to the Barrett Pavilion. If you are looking for that perfect spot to just sit, fish, & enjoy life, this is it! Sellers are motivated & will consider all offers.

Last Agent to Sell the Property

Dale & Debra Wussow

RE/MAX Lakes Area Realty Listed on: 03/17/2014

Last Buyer's Agent

Dale & Debra Wussow

RE/MAX Lakes Area Realty Listed on: 03/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1925

Lot Details

  • 0.41 Acre Lot
  • 270 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Many Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Siding

Interior Spaces

  • Wet Bar
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Water Softener Leased
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 18-0275-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Wet Bar
  • Amenities Exterior: Deck, Dock, Driveway - Gravel, Porch
  • Estimated Number of Acres: 0.41
  • Assessment Balance: 770.76
  • Assessments: Yes
  • Beach Type: Hard
  • Mechanicals: Fuel Tank-Owned, Water Heater-Electric, Water Softener-Rented, Sump Pump
  • Parcel Number: 18-0275-000
  • Range: 42.00
  • Remodeled Addition: Yes
  • Section: 12.00
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2582
  • Twp Number: 128.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Microwave, Range/Stove
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Bedroom, 11x12, On Level: Main
  • Room 2: Bedroom, 12x8, On Level: Main
  • Room 3: Bedroom, 16.8x12, On Level: Upper
  • Room 6: Family Room, 24x9.9, On Level: Lower
  • Room 9: Kitchen, 10x12, On Level: Main
  • Room 12: Living Room, 12x11, On Level: Main
  • Room 15: Other, 13.8x14.6, On Level: Lower
  • Room 17: Storage Room, 17.5x7.5, On Level: Lower
  • Basement Features: Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1548
  • Below Grade Finished Sq Ft: 630
  • Total Square Footage: 2178

Exterior Features

  • Frontage Road: City
  • Lake Class: Recreation Developmnt
  • Waterfront Name: Barrett
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 270
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric, Oil
  • Heat: Baseboard, Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: West Central Area #2342

Lot Info

  • Estimated Lot Dimensions: 270 79.12 255 29
  • Lot/Land Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2014
  • Tax Value: 1811.24

MLS Schools

  • School District: West Central Area #2342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Nov 26, 2014
Bought by
Smith Roger and Lisa Bous
Seller's Agent
Dale & Debra Wussow
RE/MAX Lakes Area Realty
Buyer's Agent
Dale & Debra Wussow
RE/MAX Lakes Area Realty
List Price
$179,900
Sold Price
$140,000
Premium/Discount to List
-$39,900
-22.18%
Current Estimated Value
$292,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,726
Avg. Annual Appreciation
8.03%
Original Mortgage
$137,000
Outstanding Balance
$106,639
Interest Rate
3.97%
Estimated Equity
$213,575
Source: Public Records

Range of Values:

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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
Smith Roger $137,000 --
Smith Roger $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strand Kelly R $37,000
Closed Strand Kelly R $35,000
Open Smith Roger $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $140,000 -22.2% $90 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $179,900 -- $116 / 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
2024 $3,986 $273,500 $161,700 $111,800
2023 $3,986 $267,400 $161,700 $105,700
2022 $2,238 $170,900 $70,600 $100,300
2021 $1,744 $148,100 $53,000 $95,100
2020 $1,796 $117,800 $27,000 $90,800
2019 $1,794 $116,000 $27,000 $89,000
2018 $1,710 $116,700 $27,000 $89,700
2017 $1,856 $0 $0 $0
2016 $1,844 $0 $0 $0
2015 $1,818 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4588922

REALTOR® Association of Southern Minnesota

APN: 18-0275-000