NOT LISTED FOR SALE

404 E Lake St Waconia, MN 55387

Estimated Value: $557,000 - $665,000

2 Beds
2 Baths
1,248 Sq Ft
$300/mo HOA Fee

Last Sold October 24, 2014

Last sale price $388,000 $311 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,965/month

12 Days on Market

Highlights

  • Lake Front
  • Docks
  • Deck
  • Bayview Elementary School Rated A-
  • Building Security
  • Elevator

About This Home

As of October 2014

Maintenance-free lakeshore living. Great views of Lake Waconia. Redone in 2011

Last Agent to Sell the Property

Ronald Sorensen

Coldwell Banker Burnet Listed on: 08/06/2014

Co-Listed By

Timothy McCormick

Coldwell Banker Burnet

Last Buyer's Agent

Geralyn Mornson

Coldwell Banker Burnet

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1984

Lot Details

  • 0.42

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck

Additional Features

  • Wheelchair Access
  • Lake Front
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 750750030

Community Details

Overview

  • Association fees include exterior maintenance, security system, shared amenities, snow removal, trash, water
  • Low-Rise Condominium

Amenities

  • Community Deck or Porch
  • Elevator

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,032

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: CC Low Rise 3- Level
  • Ada Features: Partially Wheelchair
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock
  • Estimated Number of Acres: 0.42
  • Construction: Previously Owned
  • Foundation Size: 1248
  • Parcel Number: 750750030
  • Street Designation: Street
  • Comp Dev Subdiv Name: Carver Landing Condominiums
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x13, On Level: Main
  • Room 2: Dining Room, 11x13, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 16x12, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Finished Above Grade Sq Ft: 1248
  • Total Fin Square Footage: 1248

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 3080.35
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Electric
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Security System, Shared Amenities, Snow Removal, Trash, Water
  • Shared: Deck, Elevator(s), Security Building
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 300

Fee Information

  • Insurance Expense: 334.00
  • Insurance Fee Frequency: Yearly

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2014
  • Tax Value: 4032

MLS Schools

  • School District: Waconia #110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Luedtke Gary B and Luedtke Gloria D
Bought by
Stone Charles and Stone Rochelle
Current Estimated Value
$599,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$288,385
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$310,979

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
Seller's Agent
Ronald Sorensen
Coldwell Banker Burnet
Buyer's Agent
Geralyn Mornson
Coldwell Banker Burnet
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
3.93%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Luedtke Gary B $277,500
Previous Owner Vankirk Joseph $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per 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: 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 $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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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4659763

REALTOR® Association of Southern Minnesota

APN: 75.0750011