NOT LISTED FOR SALE

318 Loraine Dr Lake Crystal, MN 56055

Estimated Value: $41,781 - $49,000

0.38 Acre
$117,353 Price per Acre
16,553 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $37,450

Est. 19% increase in value since last sale

Current estimated payment $285/month

About This Lot

As of March 2022

Nice size buildable lot in the desirable Lilly Lake Estates sub-division outside of Lake Crystal. Lot is suitable for a walk-out basement, situated along the community walking trail next to Lily Lake. Seller is open to building a home to suit your needs.

Last Agent to Sell the Property

Jackie Graham

TRUE REAL ESTATE License #40292976 Listed on: 10/22/2021

TRUE REAL ESTATE

Last Buyer's Agent

Karen Toft

TRUE REAL ESTATE License #40611409

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $592

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120 x 100 x 150 x 150

Listing and Financial Details

  • Assessor Parcel Number R09.07.31.430.001

Property Details

Property Type

Land

Est. Annual Taxes

$592

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • L V T Date: 10/25/2021
  • Parcel Number: R09.07.31.430.001
  • Street Designation: Drive
  • Taxes With Assessments: 642
  • Estimated Number of Acres: 0.38
  • Builder Restrictions: Limited
  • Development Status: Subdivided
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas

Schools

  • School District: Lake Crystal-Wellcome Mem. #2071

Lot Info

  • Estimated Lot Dimensions: 120 x 100 x 150 x 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Mar 24, 2022
Sold by
Nitch Notch Renovations Llc
Bought by
Bohm John and Garbers Mandy
Seller's Agent
Jackie Graham
TRUE REAL ESTATE
Buyer's Agent
Karen Toft
TRUE REAL ESTATE
List Price
$39,900
Sold Price
$37,450
Premium/Discount to List
-$2,450
-6.14%
Current Estimated Value
$44,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,144
Avg. Annual Appreciation
5.01%
Original Mortgage
$28,800
Outstanding Balance
$26,838
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$17,756

Purchase Details

Closed on
Mar 25, 2019
Sold by
Lilly Lake Estates Llp
Bought by
Nitch Notch Renovations Llc
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
Bohm John $37,450 --
Nitch Notch Renovations Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohm John $28,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $37,450 -6.1% --
02/25/2022 02/25/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $39,900 -- --
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 $592 $36,200 $36,200 $0
2024 $592 $36,300 $36,300 $0
2023 $580 $36,300 $36,300 $0
2022 $632 $36,300 $36,300 $0
2021 $642 $36,300 $36,300 $0
2020 $648 $36,300 $36,300 $0
2019 $588 $36,300 $36,300 $0
2018 $0 $36,300 $36,300 $0
2017 $0 $36,300 $36,300 $0
2016 $588 $36,300 $36,300 $0
2015 $24 $36,300 $36,300 $0
2014 $2,632 $108,900 $108,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jackie Graham

    Seller's Agent in 2022

    Jackie Graham

    TRUE REAL ESTATE

    (507) 381-9010

    68 in this area

    117 Total Sales

    Jackie Graham
    Section Image
  • Karen Toft

    Buyer's Agent in 2022

    Karen Toft

    TRUE REAL ESTATE

    (507) 381-2969

    3 in this area

    110 Total Sales

    Karen Toft
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028470

REALTOR® Association of Southern Minnesota

APN: R09-07-31-430-001

Minnesota Blue Earth County Lake Crystal 56055

318 Loraine Dr, Lake Crystal, MN

This home is located at 318 Loraine Dr, Lake Crystal, MN 56055 since 22 October 2021 and is currently estimated at $44,594. 318 Loraine Dr is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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