348 W Lake St Long Lake, MN 55356
2
Beds
1
Bath
768
Sq Ft
0.65
Acres
Highlights
- 51 Feet of Waterfront
- No HOA
- Forced Air Heating and Cooling System
- Schumann Elementary School Rated A-
- 1-Story Property
About This Home
As of August 2024Sold Pre-MLS.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-719-4477 Listed on: 08/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,372
Year Built
- Built in 1951
Lot Details
- 0.65 Acre Lot
- 51 Feet of Waterfront
- Lake Front
Parking
- 2 Car Garage
Interior Spaces
- 768 Sq Ft Home
- 1-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Hillside Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 0511723230014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2024
Closed on
Aug 27, 2024
Sold by
Rfc Fields Llc
Bought by
Olson Robert A
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Lane Larson
RE/MAX Results
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.91%
Original Mortgage
$2,500,000
Outstanding Balance
$2,485,086
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$304,867
Purchase Details
Listed on
Aug 27, 2024
Closed on
Aug 21, 2024
Sold by
Olson Robert A
Bought by
Ldk Builders Inc
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Lane Larson
RE/MAX Results
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,485,086
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$304,867
Purchase Details
Closed on
Mar 17, 2023
Sold by
Rfc Fields Llc
Bought by
Olson Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,750
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2023
Sold by
Olson Robert A
Bought by
Rfc Fields Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,750
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2019
Sold by
Hutchinson David P
Bought by
Olson Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 31, 2003
Sold by
Olson Robert A
Bought by
Given Not
Similar Homes in Long Lake, 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 |
|---|---|---|---|
| Warranty Deed | $852,500 | Flex Title | |
| Warranty Deed | $1,400,000 | Flex Title | |
| Contract Of Sale | $852,500 | -- | |
| Warranty Deed | $775,000 | Network Title | |
| Sheriffs Deed | -- | None Available | |
| Sheriffs Deed | $348,780 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,500,000 | Construction | |
| Previous Owner | $658,750 | New Conventional | |
| Previous Owner | $525,000 | Commercial | |
| Previous Owner | $525,000 | Construction | |
| Previous Owner | $350,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $200,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | For Sale | $3,675,000 | +162.5% | $708 / Sq Ft |
| 08/27/2024 08/27/24 | Sold | $1,400,000 | +0.1% | $1,823 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 08/27/2024 08/27/24 | For Sale | $1,399,000 | -- | $1,822 / 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 |
|---|---|---|---|---|
| 2023 | $13,372 | $1,254,100 | $1,244,100 | $10,000 |
| 2022 | $9,045 | $1,067,000 | $1,057,000 | $10,000 |
| 2021 | $9,415 | $724,000 | $714,000 | $10,000 |
| 2020 | $8,032 | $703,000 | $693,000 | $10,000 |
| 2019 | $8,265 | $640,000 | $630,000 | $10,000 |
| 2018 | $8,331 | $610,000 | $600,000 | $10,000 |
| 2017 | $7,704 | $560,000 | $550,000 | $10,000 |
| 2016 | $7,644 | $560,000 | $550,000 | $10,000 |
| 2015 | $7,252 | $540,000 | $530,000 | $10,000 |
| 2014 | -- | $535,000 | $525,000 | $10,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Ferguson
Seller's Agent in 2025
Robert Ferguson
RE/MAX Results
(703) 926-6139
3 in this area
219 Total Sales
-
Scott Koppendrayer
Seller Co-Listing Agent in 2025
Scott Koppendrayer
Keller Williams Premier Realty Lake Minnetonka
(763) 268-9232
1 in this area
34 Total Sales
-
Gregg Larsen
Seller's Agent in 2024
Gregg Larsen
Coldwell Banker Realty
(952) 473-3000
59 in this area
196 Total Sales
-
Lane Larson
Buyer's Agent in 2024
Lane Larson
RE/MAX Results
(651) 402-7297
8 in this area
231 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6589940
APN: 05-117-23-23-0014
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