31552 London Dr NE Cambridge, MN 55008
2
Beds
1
Bath
1,075
Sq Ft
0.52
Acres
Highlights
- 158 Feet of Waterfront
- The kitchen features windows
- 1 Car Attached Garage
- No HOA
- Rear Porch
- Eat-In Kitchen
About This Home
As of January 2025If you've been dreaming of affordable year-round lake living, this cozy rambler on the shores of Lake Florence might be just what you're looking for! With 150 feet of sugar-sanded shoreline, you’ll enjoy stunning views from the spacious living room every day. The home has already had several updates made over the years, and while it could use some finishing touches, it offers a fantastic opportunity to make it your own. You’ll love the spacious garage for extra storage and the refurbished boathouse, complete with electricity and a ceiling fan – ideal for a guest room, bunk house, or even an artist’s studio. This is your chance to own a lakefront property without breaking the bank!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,976
Year Built
- Built in 1960
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 158x275
- 158 Feet of Waterfront
- Lake Front
- Chain Link Fence
Parking
- 1 Car Attached Garage
Interior Spaces
- 1,075 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Utility Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Rear Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
- Well
Community Details
- No Home Owners Association
- Edgewater Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 050410320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2024
Closed on
Jan 25, 2025
Sold by
Kl Mn 2 Llc
Bought by
Smothers Benjamin
Seller's Agent
Mitchel Herian
Kris Lindahl Real Estate
Buyer's Agent
Eric Gogerty
Coldwell Banker Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
159
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
$9,225
Avg. Annual Appreciation
7.68%
Original Mortgage
$250,000
Outstanding Balance
$248,880
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$10,345
Purchase Details
Listed on
Aug 10, 2024
Closed on
Sep 30, 2024
Sold by
Stelflug Gregg
Bought by
Kl Mn 2 Llc
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$300,000
Sold Price
$220,000
Premium/Discount to List
-$80,000
-26.67%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.04%
Original Mortgage
$213,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2019
Sold by
Stelflug Gregg and Larson Janelle L
Bought by
Strelflug Gregg
Similar Homes in Cambridge, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | -- | |
| Deed | $220,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $213,000 | New Conventional | |
| Previous Owner | $72,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $250,000 | +2.0% | $233 / Sq Ft |
| 01/02/2025 01/02/25 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | For Sale | $245,000 | +11.4% | $228 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $220,000 | -26.7% | $152 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/10/2024 08/10/24 | For Sale | $300,000 | -- | $208 / 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 | $2,776 | $308,600 | $190,000 | $118,600 |
| 2024 | $2,776 | $285,700 | $165,000 | $120,700 |
| 2023 | $2,976 | $285,700 | $165,000 | $120,700 |
| 2022 | $3,018 | $287,800 | $165,000 | $122,800 |
| 2021 | $2,406 | $248,700 | $165,000 | $83,700 |
| 2020 | $2,200 | $206,200 | $136,000 | $70,200 |
| 2019 | $2,160 | $190,400 | $0 | $0 |
| 2018 | $2,846 | $205,300 | $0 | $0 |
| 2016 | $2,720 | $0 | $0 | $0 |
| 2015 | $2,502 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchel Herian
Seller's Agent in 2025
Mitchel Herian
Kris Lindahl Real Estate
(763) 219-3083
1 in this area
266 Total Sales
-
Eric Gogerty
Buyer's Agent in 2025
Eric Gogerty
Coldwell Banker Burnet
(651) 224-8244
1 in this area
33 Total Sales
-
Moe Mossa
Seller's Agent in 2024
Moe Mossa
Savvy Avenue, LLC
(888) 490-1268
4 in this area
2,770 Total Sales
-
N
Buyer's Agent in 2024
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6635361
APN: 05.041.0320
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