NOT LISTED FOR SALE

480 Lake St S Big Lake, MN 55309

Estimated Value: $275,000 - $306,021

4 Beds
2 Baths
1,722 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $260,000 $151 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,768/month

13 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • 1-Story Property
  • Big Lake Senior High School Rated 9+
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Welcome to Big Lake. This ranch-style home has much to offer. Oversized 2 stall detached garage on .25 acres. Backyard is fully fenced. 4 bedrooms, 2 bath. Kitchen has soft touch drawers, whirlpool stainless steel appliances new as of March 2020, quartz counter tops and a large walk in pantry. All electrical, plumbing fixtures and lighting were updated in March 2020. Inside of home has just been painted. Bathroom upsairs was remodeled in March of 2020. Both bedrooms downstairs have new Anderson egress windows. Close to downtown Big Lake and blocks away from the lake itself. Lots of shopping and restaraunts close by in Monticello and easy access to highway.

Last Agent to Sell the Property

Christine Smith

Engel & Volkers Lake Minnetonka Brokerage Phone: 763-218-9442 Listed on: 05/05/2023

Engel & Volkers Lake Minnetonka

Last Buyer's Agent

Christopher Fritch

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1971

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 65x165
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Havens Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 654050100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 1971

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
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 936
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 36x26
  • Attribution Contact: 763-218-9442
  • Attribution Contact: 763-218-9442
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Storage Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1722
  • Fireplace: No
  • Below Grade Finished Sq Ft: 786
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Bedroom 4
  • SqFtTotal: 1722.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: Chain Link, Wood
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 624

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,Tile Floors

Schools

  • Junior High Dist: Big Lake
  • SchoolDistrictNumber: 727
  • SchoolDistrictPhone: 763-262-5218

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x165
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 654050100
  • Tax Annual Amount: 2908
  • TaxWithAssessments: 2908.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 14, 2023
Sold by
Louden Zachariah
Bought by
Richards Tyler
Seller's Agent
Christine Smith
Engel & Volkers Lake Minnetonka
Buyer's Agent
Christopher Fritch
eXp Realty
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Views
226
Current Estimated Value
$289,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,505
Avg. Annual Appreciation
4.64%
Original Mortgage
$252,200
Outstanding Balance
$245,675
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$43,830

Purchase Details

Closed on
May 1, 2020
Sold by
The Proper Y Inc
Bought by
Louden Zachariah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,916
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2019
Sold by
Wehage Vernon C
Bought by
Proper T Inc

Purchase Details

Closed on
Aug 14, 1998
Sold by
Praske James P
Bought by
Wehage Vernon C

Purchase Details

Closed on
Jul 10, 1996
Sold by
Messer Richard B
Bought by
Praske James P
Source: Public Records

Range of Values:

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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
Richards Tyler $260,000 Gibraltar Title
Louden Zachariah $219,900 None Available
Proper T Inc $105,000 Concierge Title
Wehage Vernon C $85,000 --
Praske James P $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Tyler $252,200
Previous Owner Louden Zachariah $215,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $260,000 -3.7% $151 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $270,000 -- $157 / 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 $3,004 $261,600 $77,200 $184,400
2024 $2,918 $260,000 $77,200 $182,800
2023 $2,908 $251,700 $68,000 $183,700
2022 $2,908 $242,600 $57,900 $184,700
2020 $1,956 $156,200 $35,100 $121,100
2019 $1,782 $144,600 $32,100 $112,500
2018 $1,698 $132,900 $29,600 $103,300
2017 $1,582 $123,800 $27,100 $96,700
2016 $1,486 $114,100 $24,100 $90,000
2015 $1,342 $82,100 $18,100 $64,000
2014 $1,206 $78,700 $17,600 $61,100
2013 -- $67,200 $16,500 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6362548

NorthstarMLS

APN: 65-405-0100