NOT LISTED FOR SALE

4567 Colorado St SE Unit 102 Prior Lake, MN 55372

Estimated Value: $346,854 - $384,000

1 Bed
1 Bath
554 Sq Ft
$657/Sq Ft Est. Value

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Hidden Oaks Middle School Rated A-
  • Living Room

About This Home

As of January 2024

Welcome home to this newly renovated 1 bed 1 bath duplex right off Main Street in Prior Lake! This unit comes with a single garage stall and ample off street parking. The new walk out, elevated deck provides amazing views with all the privacy included. The home also sits conveniently next to a city owned lot preserved as green space for your leisure. Property is available for occupancy immediately so don’t wait!

Last Agent to Rent the Property

Joseph Mueller

RE/MAX Results Listed on: 12/21/2023

RE/MAX Results

Co-Listed By

Alex Skelly

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 1935

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 554 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Deck
  • Lot Dimensions are 66x155
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • City Of Prior Lake Subdivision

Listing and Financial Details

  • Property Available on 12/19/23
  • Tenant pays for gas
  • Assessor Parcel Number 250011150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,770

Year Built

Built in 1935

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2023-12-19
  • Lease Price: 1400.0000
  • ApplicationFee: 100.0000
  • SecurityDeposit: 1500.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Duplex Up and Down
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 554
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Living Area: 554
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bathroom, Bedroom 1, Kitchen, Living Room, Deck
  • SqFtTotal: 554.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Detached, Parking Lot

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Hardwood Floors

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 66x155
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Assessor Parcel Number: 250011150

Multi Family

  • TenantPays: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Jimenez Mariela and Morales Mario
Bought by
Anderson David
Current Estimated Value
$364,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Outstanding Balance
$291,039
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$73,175

Purchase Details

Closed on
Jun 20, 2024
Sold by
Jimenez Mariela H and Morales Mario Hurtado
Bought by
Anderson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Outstanding Balance
$291,039
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$73,175

Purchase Details

Closed on
Aug 4, 2023
Sold by
Alabama 2 Llc
Bought by
Innovative Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2023
Sold by
Break Jeffrey M
Bought by
Alabama 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2023
Sold by
Break Jeffrey M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 10, 1997
Sold by
James David W and James Catherine L
Bought by
Break Jeffrey M
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
Anderson David $393,000 --
Anderson David $393,000 Results Title
Innovative Enterprises Llc $252,000 --
Alabama 2 Llc $160,000 West Title
Federal National Mortgage Association -- --
Break Jeffrey M $86,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson David $294,750
Closed Anderson David $294,750
Previous Owner Innovative Enterprises Llc $252,000
Previous Owner Alabama 2 Llc $158,163
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Rented $1,400 0.0% --
01/10/2024 01/10/24 Price Changed $1,400 -6.7% $3 / Sq Ft
12/21/2023 12/21/23 For Rent $1,500 -- --
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 $3,770 $322,200 $151,300 $170,900
2024 $2,760 $314,700 $151,300 $163,400
2023 $4,574 $280,900 $144,100 $136,800
2022 $3,444 $288,600 $144,100 $144,500
2021 $2,954 $228,900 $112,000 $116,900
2020 $2,520 $225,000 $108,000 $117,000
2019 $2,682 $218,400 $103,200 $115,200
2018 $1,858 $0 $0 $0
2016 $1,638 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6470383

NorthstarMLS

APN: 25-001-115-0