T
Seller's Agent in 2024
Thomas (TJ) Johnson
Coldwell Banker Nybo & Assoc
(651) 764-2740
4 in this area
58 Total Sales
407 W Center St Lake City, MN 55041
Estimated Value: $363,595 - $482,000
4
Beds
1.5
Baths
2,560
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- 1 Car Attached Garage
- Laundry Room
- No HOA
- Walk-In Closet
- 4-minute walk to Patton Park
About This Home
As of July 2024Wonderfully Maintained and Updated 4 Bedroom, 2 Bath Brick Foursquare on a Large City Lot (.24 Acres) in the Heart of Lake City. Hardwood Floors throughout with New Roof (2021), Newer Windows, Newer Furnace and Remodeled Kitchen. Huge (1152 Sq. Ft.) Unfinished 3rd Level with Vaulted Roofline. Main Level Family Room Addition with Gas Fireplace. Within Walking Distance of City Parks, Library, Post Office, Marina, Beach, Grocery Store and Restaurants. This Home has "Century Home" Designation.
Last Agent to Sell the Property
Coldwell Banker Nybo & Assoc Listed on: 02/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,466
Year Built
- Built in 1896
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 75x140
- Privacy Fence
- Wood Fence
- Few Trees
Parking
- 1 Car Attached Garage
Home Design
- Pitched Roof
Interior Spaces
- 2,560 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Partial Basement
- Stone or Rock in Basement
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
- Lake City Subdivision
Listing and Financial Details
- Assessor Parcel Number R220061100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Jul 8, 2024
Sold by
Malcomson Russell and Malcomson Nancy
Bought by
Sullivan Michael and Sullivan Heather
Seller's Agent
Thomas (TJ) Johnson
Coldwell Banker Nybo & Assoc
Buyer's Agent
Benjamin Trudeau
Edina Realty, Inc.
List Price
$389,000
Sold Price
$383,500
Premium/Discount to List
-$5,500
-1.41%
Views
180
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,399
Avg. Annual Appreciation
7.95%
Original Mortgage
$383,500
Outstanding Balance
$378,875
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$45,024
Purchase Details
Closed on
May 26, 2010
Sold by
M And I Marshall And Hsley Bank
Bought by
Malcomson Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.13%
Mortgage Type
Credit Line Revolving
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sullivan Michael | $383,500 | -- | |
| Malcomson Russell | $30,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sullivan Michael | $383,500 | |
| Previous Owner | Malcomson Russell | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $383,500 | -1.4% | $150 / Sq Ft |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $389,000 | -- | $152 / 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 |
|---|---|---|---|---|
| 2025 | $4,420 | $375,300 | $36,900 | $338,400 |
| 2024 | $4,420 | $346,900 | $36,900 | $310,000 |
| 2023 | $4,214 | $317,800 | $36,900 | $280,900 |
| 2022 | $4,048 | $333,900 | $30,800 | $303,100 |
| 2021 | $3,854 | $273,400 | $30,800 | $242,600 |
| 2020 | $3,650 | $259,300 | $42,200 | $217,100 |
| 2019 | $3,724 | $246,500 | $28,100 | $218,400 |
| 2018 | $3,430 | $244,600 | $28,100 | $216,500 |
| 2017 | $3,370 | $225,100 | $28,100 | $197,000 |
| 2016 | $3,402 | $0 | $0 | $0 |
| 2015 | $3,402 | $0 | $0 | $0 |
| 2012 | $2,600 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas (TJ) Johnson
-
Benjamin Trudeau
Buyer's Agent in 2024
Benjamin Trudeau
Edina Realty, Inc.
(612) 201-1933
1 in this area
146 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6494423
APN: R-22.00611.00
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