NOT LISTED FOR SALE

321 Lake Ave S Spicer, MN 56288

Estimated Value: $530,000 - $686,000

2 Beds
2 Baths
1,892 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $300,000 $159 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,939/month

254 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Prairie Woods Elementary School Rated 9+
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of October 2014

Pristine Green Lake Living!! This 2+ bedroom, 2 bath walk out rambler is waiting for you. Your living, dining, and kitchen great room areas have vaulted ceilings for an open feel and great built-ins. Cozy up to the wood burning fireplaces located in the great room and lower level family room. The main floor has two bedrooms and full bath. Your lower level has a kitchenette, 8x27 sleeping porch, full bath and walkout to the lake. Relax on the two decks that look over the beautiful lake. The home also has a detached garage. New shingles on the house and garage in June 2012. New steps down to the lake in 2012.

Last Agent to Sell the Property

Shelley Crow and Linda Harris Team

CENTURY 21 KANDI REALTY Listed on: 01/11/2014

Last Buyer's Agent

Paula Jacobs

WILSON O'BRIEN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,870

Year Built

  • 1978

Lot Details

  • Lot Dimensions are 50x194x50x201
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 85-500-0460

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,870

Year Built

1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Concrete
  • Assessment Balance: 4227.24
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 85-500-0460
  • Stories: 1 Story
  • Taxes With Assessments: 6284
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x17, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Kitchen, 8x12, On Level: Main
  • Room 4: Family Room, 10x23, On Level: Basement
  • Room 5: Master Bedroom, 11x13, On Level: Main
  • Room 6: Bedroom, 9.5x13, On Level: Main
  • Room 10: Other, 8x27, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 996
  • Below Grade Finished Sq Ft: 896
  • Total Fin Square Footage: 1892
  • Total Square Footage: 1992

Exterior Features

  • Waterfront Name: Green
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 50
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: New London-Spicer #345

Lot Info

  • Estimated Lot Dimensions: 50x194x50x201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2014
Closed on
Oct 10, 2014
Sold by
Hanko Harberts Trust
Bought by
Gillingham Wade C and Gillingham Amy
Seller's Agent
Shelley Crow and Linda Harris Team
CENTURY 21 KANDI REALTY
Buyer's Agent
Paula Jacobs
WILSON O'BRIEN
List Price
$333,333
Sold Price
$300,000
Premium/Discount to List
-$33,333
-10%
Current Estimated Value
$621,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,178
Avg. Annual Appreciation
6.83%
Original Mortgage
$200,000
Outstanding Balance
$153,216
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$467,962
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
Gillingham Wade C $300,000 Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillingham Wade C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $300,000 -10.0% $159 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $333,333 -- $176 / 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 $7,870 $519,400 $360,000 $159,400
2024 $6,754 $496,200 $360,000 $136,200
2023 $5,954 $441,300 $308,200 $133,100
2022 $5,238 $382,100 $257,600 $124,500
2021 $5,074 $310,800 $197,000 $113,800
2020 $5,100 $292,900 $192,000 $100,900
2019 $5,254 $294,800 $204,000 $90,800
2018 $5,196 $296,400 $204,000 $92,400
2017 $5,036 $296,900 $204,000 $92,900
2016 $4,866 $2,896 $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: 4569590

REALTOR® Association of Southern Minnesota

APN: 85-500-0460