NOT LISTED FOR SALE

318 Grove Ave N Silver Lake, MN 55381

Estimated Value: $162,000 - $247,000

2 Beds
1.5 Baths
1,300 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $185,000 $142 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,372/month

52 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

You will be surprised to find this historic secret tucked away in the city of Silver Lake on 3.8 acres. It may be small, but is every outdoors persons dream. Country home in the city with 2 car detached & heated garage to work on all those projects. Home is cute as can be and has some nice updates with mechanicals, roof, electric, vinyl windows, and appliances. A copy of the Survey is in the home. Cash or Conventional financing only.

Last Agent to Sell the Property

Penny Markwardt

RE/MAX Results Listed on: 10/28/2023

RE/MAX Results

Last Buyer's Agent

Amy Adam

Jason Mitchell Group

Jason Mitchell Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1858

Lot Details

  • 3.82 Acre Lot
  • Lot Dimensions are 198x608

Parking

  • 2 Car Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Church Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 190740400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1858

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1858
  • Above Grade Finished Sq Ft: 1300
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1300
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Kitchen, Living Room, Porch, Deck
  • SqFtTotal: 1300.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle
  • Fencing: None
  • ConstructionMaterialsDesc: Brick,Stone
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Detached
  • Carport Spaces: 2
  • Garage Square Feet: 864

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Natural Woodwork,Porch

Schools

  • Junior High Dist: Glencoe-Silver Lake
  • SchoolDistrictNumber: 2859
  • SchoolDistrictPhone: 320-864-2498

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 198x608
  • Lot Size Sq Ft: 166399.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 190740400
  • Tax Annual Amount: 2788
  • TaxWithAssessments: 2788.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Jan 16, 2024
Sold by
Jacobs Justin
Bought by
Jinks Philip
Seller's Agent
Penny Markwardt
RE/MAX Results
Buyer's Agent
Amy Adam
Jason Mitchell Group
List Price
$198,000
Sold Price
$185,000
Premium/Discount to List
-$13,000
-6.57%
Views
182
Current Estimated Value
$208,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,123
Avg. Annual Appreciation
8.75%
Original Mortgage
$175,750
Outstanding Balance
$173,592
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$37,621

Purchase Details

Closed on
Jul 17, 2019
Sold by
Blackhawk Karmen K
Bought by
Jacobs Justin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,700
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Apr 12, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Swenson Rodney C
Seller's Agent
Laura Schroeder
REALTY CENTRAL 101
Buyer's Agent
MEMBER NON
NON MEMBER FIRM
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$48,995
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jinks Philip $185,000 --
Jacobs Justin P $125,500 Results Title
Swenson Rodney C -- Landtitle
Federal Home Loan Mortgage Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jinks Philip $175,750
Previous Owner Jacobs Justin P $121,700
Previous Owner Jacobs Justin P $6,200
Previous Owner Swenson Rodney C $48,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $185,000 -1.6% $142 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $188,000 -5.1% $145 / Sq Ft
10/28/2023 10/28/23 For Sale $198,000 +296.8% $152 / Sq Ft
04/12/2013 04/12/13 Sold $49,900 0.0% $51 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $49,900 -- $51 / 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
2024 $2,786 $191,400 $73,300 $118,100
2023 $2,728 $188,000 $73,600 $114,400
2022 $2,830 $187,000 $73,600 $113,400
2021 $2,600 $171,600 $67,400 $104,200
2020 $2,556 $157,300 $61,300 $96,000
2019 $2,346 $152,000 $58,300 $93,700
2018 $2,270 $0 $0 $0
2017 $1,838 $0 $0 $0
2016 $2,034 $0 $0 $0
2015 $1,812 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penny Markwardt

    Seller's Agent in 2024

    Penny Markwardt

    RE/MAX Results

    (320) 583-2305

    59 Total Sales

    Section Image
  • Amy Adam

    Buyer's Agent in 2024

    Amy Adam

    Jason Mitchell Group

    (320) 828-3860

    76 Total Sales

    Section Image

  • L

    Seller's Agent in 2013

    Laura Schroeder

    REALTY CENTRAL 101

  • M

    Buyer's Agent in 2013

    MEMBER NON

    NON MEMBER FIRM

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6453738

NorthstarMLS

APN: 19.074.0400

Minnesota Mcleod County Silver Lake 55381

318 Grove Ave N, Silver Lake, MN

This home is located at 318 Grove Ave N, Silver Lake, MN 55381 since 28 October 2023 and is currently estimated at $211,213, approximately $162 per square foot. This property was built in 1858. 318 Grove Ave N is a home located in McLeod County with nearby schools including Baker Elementary School, Lakeside Elementary School, and Glencoe-Silver Lake Jr. High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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