NOT LISTED FOR SALE

404 E Lake St Waconia, MN 55387

Estimated Value: $552,000 - $693,000

2 Beds
2 Baths
1,248 Sq Ft
$350/mo HOA Fee

Last Sold October 19, 2022

Last sale price $550,900 $441 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,067/month

5 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Community Garden
  • Bayview Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Elevator

About This Home

As of October 2022

Be the one to capitalize on this super rare opportunity on Lake Waconia! Where can you find maintenance free lakefront living within 30 minutes of the cities?! This one-level oasis is nestled near Lola's Lakehouse and walking distance to historic downtown Waconia. Enjoy beautiful sunsets and panoramic long lake and island views from your deck, living room or bedroom. Updated with granite, SS, tile and laminate floors. This unit comes with an extra underground parking stall with storage. Start living your lake life dream today!

Last Listed By

Steve Battis

Keller Williams Realty Integrity Listed on: 09/08/2022

Keller Williams Realty Integrity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 1984

Lot Details

  • 0.42

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room Floor Drain
  • Lake Views
  • Shared Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Dock Facilities
  • Lake Front
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 750750030

Community Details

Overview

  • Association fees include beach access, maintenance structure, dock, hazard insurance, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, snow removal
  • Carver Landing Condominiums Association, Phone Number (612) 807-7270
  • Low-Rise Condominium

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,663

Year Built

Built in 1984

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Deck, Dock, Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1248
  • Water Body Name: Waconia
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Shared Access
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Electric, Living Room
  • Living Area: 1248
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • SqFtTotal: 1248.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Lake, North
  • Lake Acres: 3080
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10

Garage/Parking

  • Parking Features: Attached Garage, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Paved, Storage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Dock, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Lawn Care, Snow Removal
  • Phone: 612-807-7270
  • Association Fee: 350
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Panoramic View,Boat Slip,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Carver Landing Condominiums

Schools

  • Junior High Dist: Waconia
  • SchoolDistrictNumber: 110
  • SchoolDistrictPhone: 952-442-0600

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 18382.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 750750030
  • Tax Annual Amount: 4663
  • TaxWithAssessments: 4696.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 19, 2022
Sold by
Luedtke Gary B and Luedtke Gloria D
Bought by
Stone Charles and Stone Rochelle
Seller's Agent
Steve Battis
Keller Williams Realty Integrity
Buyer's Agent
Steven Weinzierl
RE/MAX Advantage Plus
List Price
$549,900
Sold Price
$550,900
Premium/Discount to List
$1,000
0.18%
Total Days on Market
5
Current Estimated Value
$596,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,385
Avg. Annual Appreciation
3.15%
Original Mortgage
$300,000
Outstanding Balance
$290,168
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$306,117

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 17, 2014
Sold by
Carolina Forest Services Llc
Bought by
Luedtke Gary B and Luedtke Gloria D
List Price
$388,000
Sold Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$277,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Vankirk Joseph and Vankirk Jacqueline Miller
Bought by
Carolina Forest Services Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
Thiede Roger and Thiede Nancy
Bought by
Vankirk Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.43%
Mortgage Type
New Conventional

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
Stone Charles $550,900 Title Mark
Luedtke Gary B $388,000 Burnet Title
Carolina Forest Services Llc $279,000 --
Vankirk Joseph $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Charles $300,000
Previous Owner Leudtke Gary B $187,000
Previous Owner Luedtke Gary B $277,500
Previous Owner Vankirk Joseph $10,000
Previous Owner Vankirk Joseph $15,500
Previous Owner Vankirk Joseph $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $550,900 +0.2% $441 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $549,900 +41.7% $441 / Sq Ft
10/24/2014 10/24/14 Sold $388,000 0.0% $311 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $388,000 -- $311 / 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
2025 $6,626 $572,900 $315,000 $257,900
2024 $6,430 $520,600 $275,000 $245,600
2023 $5,112 $523,100 $275,000 $248,100
2022 $4,696 $429,800 $240,600 $189,200
2021 $4,726 $338,200 $200,500 $137,700
2020 $4,104 $338,200 $200,500 $137,700
2019 $4,140 $288,800 $173,600 $115,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6257845

NorthstarMLS

APN: 75.0750011