NOT LISTED FOR SALE

4161 Colorado St SE Prior Lake, MN 55372

Estimated Value: $313,000 - $357,000

2 Beds
2 Baths
1,581 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $320,000 $202 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,011/month

2 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • Living Room
  • Hidden Oaks Middle School Rated A-
  • The kitchen features windows
  • 1-Story Property

About This Home

As of March 2024

Located in the heart of Prior Lake, this exceptionally maintained 2 bedroom, 2 bathroom, one owner rambler home is move-in ready, conveniently close to downtown Prior Lake, and just a few blocks from the lake. The eat-in kitchen offers new luxury vinyl plank flooring, ample cabinet and countertop space, and is surrounded with windows that fill the space with natural sunlight. In the living room you have hardwood flooring, newer paint, and a coved ceiling to add a touch of charm. The two bedrooms on the main level feature gorgeous, refinished hardwood flooring and newer paint. The lower level includes an open living space with a sink and cabinets, a flex room that offers a variety of uses, and ample storage space. There is a fantastic, heated workshop behind the garage perfect for woodworking or DIY projects and a hard to find spacious and flat backyard! Updates include a new furnace in 2005, new water heater in 2020, new water softener in 2020, and a new dryer in 2024.

Last Agent to Sell the Property

Nathan Turk

Stone Path Realty, LLC Listed on: 03/05/2024

Co-Listed By

Tricia Hubley

Stone Path Realty, LLC

Last Buyer's Agent

Derek Noles

Mango Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1956

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 150x125

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Range
  • Freezer
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Lakeside Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250060250

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,662

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, Well
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 944
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space
  • Appliances: Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1581
  • Fireplace: No
  • Below Grade Finished Sq Ft: 637
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Recreation Room, Laundry, Flex Room

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • Other Structures: Workshop

Garage/Parking

  • Parking Features: Detached, Asphalt, Concrete, Garage Door Opener
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x125
  • Lot Size Sq Ft: 18730.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 250060250
  • Tax Annual Amount: 2662
  • TaxWithAssessments: 2662.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 27, 2024
Sold by
Cassem Karen
Bought by
Larson Kerstie and Perry Brian
Seller's Agent
Nathan Turk
Stone Path Realty, LLC
Buyer's Agent
Derek Noles
Mango Realty
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%
Views
53
Current Estimated Value
$336,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,074
Avg. Annual Appreciation
3.28%
Original Mortgage
$313,800
Outstanding Balance
$309,013
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$27,061

Purchase Details

Closed on
Aug 10, 2012
Sold by
Borchardt Mildred M
Bought by
Cassem Karen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2012
Sold by
Barchardt Mildred M
Bought by
Cassem Karen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Larson Kerstie $320,000 --
Cassem Karen Lynn $152,000 None Available
Cassem Karen Lynn $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Kerstie $313,800
Previous Owner Cassem Karen Lynn $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $320,000 0.0% $202 / Sq Ft
03/11/2024 03/11/24 Price Changed $320,000 +3.2% $202 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $310,000 -- $196 / 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 $2,666 $290,800 $168,300 $122,500
2024 $2,684 $287,100 $168,300 $118,800
2023 $2,662 $273,900 $160,300 $113,600
2022 $2,344 $280,200 $160,300 $119,900
2021 $2,336 $216,600 $126,000 $90,600
2020 $2,312 $212,100 $121,500 $90,600
2019 $2,252 $202,600 $116,100 $86,500
2018 $2,008 $0 $0 $0
2016 $1,754 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6470613

NorthstarMLS

APN: 25-006-025-0