Tower Place Condominiums 4680 Tower St SE Unit 308 Prior Lake, MN 55372
1
Bed
1
Bath
728
Sq Ft
$387/mo
HOA Fee
Highlights
- Deck
- Community Pool
- 1-Story Property
- Hidden Oaks Middle School Rated A-
- Living Room
- Baseboard Heating
About This Home
As of November 2024Seize this investment opportunity with a condo featuring a reliable long-term tenant who has been in place for over 10 years and intends to stay. Enjoy immediate, reliable rental income with minimal management. Located in a vibrant community close to amenities, this property offers a solid return on investment with low maintenance. Don't miss this hassle-free opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,134
Year Built
- Built in 1987
HOA Fees
- $387 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 728 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 252460010
Community Details
Overview
- Association fees include electricity, gas, hazard insurance, heating, lawn care, professional mgmt, trash, shared amenities, snow removal
- Association One Association, Phone Number (833) 737-8663
- Low-Rise Condominium
- Tower Place Condominium Subdivision
- Car Wash Area
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Nov 21, 2024
Sold by
Holmen Enterprises Llc
Bought by
Olson Trent
Seller's Agent
Josh Pomerleau
JPW Realty
Buyer's Agent
Nancy Lapakko
Bjorklund Realty, Inc.
List Price
$120,000
Sold Price
$119,000
Premium/Discount to List
-$1,000
-0.83%
Total Days on Market
34
Views
27
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
$2,896
Avg. Annual Appreciation
13.28%
Original Mortgage
$105,430
Outstanding Balance
$104,968
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$24,563
Purchase Details
Closed on
Mar 31, 2020
Sold by
Pexa Mark and Pexa Jessica
Bought by
Holmen 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
$81,600
Interest Rate
3.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 27, 2006
Sold by
Water Tower Place Of Prior Lake Llc
Bought by
Pexa Mark and Pexa Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.22%
Mortgage Type
New Conventional
Similar Home in Prior Lake, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $119,000 | -- | |
| Warranty Deed | $119,000 | Watermark Title | |
| Warranty Deed | $102,000 | Carver Cnty Abstract & Ttl C | |
| Warranty Deed | $117,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,430 | New Conventional | |
| Closed | $115,430 | New Conventional | |
| Previous Owner | $81,600 | Commercial | |
| Previous Owner | $117,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $119,000 | -0.8% | $163 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | For Sale | $120,000 | -- | $165 / 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 | $1,140 | $124,200 | $40,500 | $83,700 |
| 2024 | $1,134 | $113,600 | $36,800 | $76,800 |
| 2023 | $1,104 | $109,700 | $35,400 | $74,300 |
| 2022 | $1,058 | $110,700 | $36,400 | $74,300 |
| 2021 | $1,028 | $90,000 | $31,500 | $58,500 |
| 2020 | $962 | $86,200 | $30,500 | $55,700 |
| 2019 | $758 | $77,300 | $27,500 | $49,800 |
| 2018 | $896 | $0 | $0 | $0 |
| 2016 | $710 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Josh Pomerleau
JPW Realty
(763) 463-7580
3 in this area
1,379 Total Sales
-
Seller Co-Listing Agent in 2024
Hope Walker
JPW Realty
(763) 954-1524
1 in this area
16 Total Sales
-
Buyer's Agent in 2024
Nancy Lapakko
Bjorklund Realty, Inc.
(952) 457-1919
1 in this area
13 Total Sales
About Tower Place Condominiums
Map
Source: NorthstarMLS
MLS Number: 6594417
APN: 25-439-054-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 4680 Tower St SE Unit 216
- 4661 170th St SE
- 16725 Anna Trail SE
- 4892 Bluff Heights Trail SE
- 4440 Overlook Dr SE
- 4329 Priorwood St SE
- 4354 Priorwood St SE
- 17125 Maple Ln SW
- 5036 Bluff Heights Trail SE
- 1X Credit River Rd
- 16510 Tranquility Ct SE Unit 203
- 16351 Albany Ave SE
- 4836 Bennett St SE
- 4390 Colorado St SE
- 16850 Willowwood Cir SE
- 4012 Willowwood St SE
- 5402 Fawn Meadow Curve SE
- 4980 Kyla Way SE
- 17660 Jett Cir SE
- 16953 Simpkins Cir SW