NOT LISTED FOR SALE

402 W Lyon Ave Lake City, MN 55041

Estimated Value: $350,354 - $392,000

4 Beds
2 Baths
3,457 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $160,000 $46 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,245/month

330 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Patio
  • Formal Dining Room
  • Eat-In Kitchen
  • 3-minute walk to Patton Park

About This Home

As of May 2013

You will love the floor plan of this two level 4 bedroom home. Spacious living room, bright kitchen with lots of storage & updated dining room. Secluded main floor master bedroom with 3 more on the second level. Office or fifth bedroom plus bonus storage or craft room. Basement includes family room with gaming area. Private patio for entertaining & deep 2 car garage.

Last Agent to Sell the Property

Cheryl Geolat

Property Brokers of Minnesota, Inc. Listed on: 05/14/2012

Last Buyer's Agent

Randy Meincke

Meincke-Schurhammer Real Estate, LL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 220062700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,458

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.17
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 220062700
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: Bedroom, 11x15, On Level: Upper
  • Room 3: Bedroom, 12x15, On Level: Upper
  • Room 4: Den/Office, 11x13, On Level: Upper
  • Room 5: Dining Room, 13x14, On Level: Main
  • Room 6: Family Room, 13x33, On Level: Lower
  • Room 9: Kitchen, 11x15, On Level: Main
  • Room 11: Laundry Room, 15x19, On Level: Lower
  • Room 12: Living Room, 14x21, On Level: Main
  • Room 13: Master Bedroom, 12x13, On Level: Main
  • Room 17: Storage Room, 6x13, On Level: Upper
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2351
  • Below Grade Finished Sq Ft: 1106
  • Total Fin Square Footage: 3457
  • Total Square Footage: 3457

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75x100
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2012
  • Tax Value: 2458

MLS Schools

  • School District: Lake City #813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
May 31, 2013
Sold by
Grimley Mark J
Bought by
Peterson Darrell and Peterson Mary
Seller's Agent
Cheryl Geolat
Property Brokers of Minnesota, Inc.
Buyer's Agent
Randy Meincke
Meincke-Schurhammer Real Estate, LL
List Price
$183,900
Sold Price
$160,000
Premium/Discount to List
-$23,900
-13%
Current Estimated Value
$366,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,839
Avg. Annual Appreciation
6.91%
Original Mortgage
$124,000
Outstanding Balance
$87,615
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$279,224

Purchase Details

Closed on
Oct 24, 2011
Sold by
Huth Debra S and Grimley Debra S
Bought by
Grimley Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Darrell $160,000 Title Recording Services Inc
Grimley Mark J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Darrell $124,000
Previous Owner Grimley Mark J $141,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $160,000 -13.0% $46 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
05/14/2012 05/14/12 For Sale $183,900 -- $53 / 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 $3,900 $325,800 $32,800 $293,000
2024 $3,900 $310,500 $32,800 $277,700
2023 $3,182 $241,800 $30,800 $211,000
2022 $2,814 $246,400 $30,800 $215,600
2021 $2,692 $199,000 $30,800 $168,200
2020 $2,480 $190,200 $42,200 $148,000
2019 $2,536 $177,200 $28,100 $149,100
2018 $2,338 $176,400 $28,100 $148,300
2017 $2,308 $163,200 $28,100 $135,100
2016 $2,328 $0 $0 $0
2015 $2,328 $0 $0 $0
2012 $2,458 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Cheryl Geolat

    Property Brokers of Minnesota, Inc.

  • R

    Buyer's Agent in 2013

    Randy Meincke

    Meincke-Schurhammer Real Estate, LL

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4184012

REALTOR® Association of Southern Minnesota

APN: R-22.00627.00

Minnesota Wabasha County Lake City 55041

402 W Lyon Ave, Lake City, MN

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