NOT LISTED FOR SALE

315 Lake Ave N Spicer, MN 56288

Estimated Value: $1,013,929 - $1,469,000

5 Beds
3.5 Baths
3,096 Sq Ft
$384/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $715,000 $231 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,739/month

Highlights

  • 100 Feet of Waterfront
  • 4 Car Garage
  • Central Air
  • Prairie Woods Elementary School Rated 9+
  • 1-Story Property
  • Baseboard Heating

About This Home

As of June 2014

Main floor master suite with patio doors.

Last Agent to Sell the Property

Matt Olson

NEW LONDON REAL ESTATE Listed on: 03/25/2014

Last Buyer's Agent

Matt Olson

NEW LONDON REAL ESTATE Listed on: 03/25/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,492

Lot Details

  • 100 Feet of Waterfront
  • Lake Front

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Garage
  • Tuck Under Garage

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 85-400-0430

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,492

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Assessment Balance: 50
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 85-400-0430
  • Stories: 1 Story
  • Taxes With Assessments: 11054
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Kitchen, 12x15, On Level: Main
  • Room 2: Dining Room, 10x14, On Level: Main
  • Room 3: Family Room, 14x16, On Level: Main
  • Room 4: Living Room, 15x21, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1908
  • Below Grade Finished Sq Ft: 1188
  • Total Fin Square Footage: 3096
  • Total Square Footage: 3096

Exterior Features

  • Waterfront Name: Green
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 100
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached, Tuckunder
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas, Wood
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: New London-Spicer #345

Lot Info

  • Estimated Lot Dimensions: .55 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 12, 2014
Sold by
Gander Charles W and Gander Constance V
Bought by
Gerberding Stephen N and Gerberding Marry Ann
Seller's Agent
Matt Olson
NEW LONDON REAL ESTATE
Buyer's Agent
Matt Olson
NEW LONDON REAL ESTATE
List Price
$769,000
Sold Price
$715,000
Premium/Discount to List
-$54,000
-7.02%
Current Estimated Value
$1,189,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,482
Avg. Annual Appreciation
1.55%
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
Gerberding Stephen N $715,000 Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gander Charles W $251,000
Previous Owner Gander Charles W $255,000
Previous Owner Gander Charles W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $715,000 -7.0% $231 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $769,000 -- $248 / 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 $17,492 $1,007,700 $573,800 $433,900
2024 $16,686 $936,200 $573,800 $362,400
2023 $14,322 $922,700 $569,500 $353,200
2022 $13,638 $793,000 $476,000 $317,000
2021 $12,278 $708,100 $418,600 $289,500
2020 $11,842 $675,400 $408,000 $267,400
2019 $12,124 $655,100 $433,500 $221,600
2018 $11,886 $657,400 $433,500 $223,900
2017 $11,552 $655,400 $433,500 $221,900
2016 $11,422 $6,776 $0 $0
2015 -- $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: 4636335

REALTOR® Association of Southern Minnesota

APN: 85-400-0430