NOT LISTED FOR SALE

501 Dew Drop Ln Center City, MN 55012

Estimated Value: $267,000 - $306,000

2 Beds
1 Bath
1,080 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $265,000 $245 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,125/month

29 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 130 Feet of Waterfront
  • Beach
  • Chisago Lakes Primary Elementary School Rated A-
  • Dock Facilities
  • Corner Lot

About This Home

As of August 2024

Amazing value in the Dew Drop Development on South Center Lake. Deeded lake access with a fabulous beach and marina. One boat slip is included. This is an affordable cabin alternative! Huge grassy lot on the side and back of this one level home. Open spacious floor plan with sunroom & patio. Large kitchen vaulted ceilings, 2 bedrooms, main floor laundry room with storage & mechanicals, 2 car garage & no steps.

Last Agent to Sell the Property

Cheryl Kempenich

Coldwell Banker Realty Brokerage Phone: 612-735-0553 Listed on: 06/20/2024

Coldwell Banker Realty

Last Buyer's Agent

Braden Shannon

National Realty Guild

National Realty Guild

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1997

Lot Details

  • 1,481 Sq Ft Lot
  • Lot Dimensions are 30x50
  • 130 Feet of Waterfront

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120027425

Community Details

Overview

  • Association fees include beach access, dock, hazard insurance, lawn care, ground maintenance, snow removal
  • Dew Drop Association, Phone Number (612) 616-2631
  • Dew Drop Bay Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,653

Year Built

Built in 1997

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Dock
  • Fee Frequency: Monthly
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1080
  • Water Body Name: South Center
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-735-0553
  • Attribution Contact: 612-735-0553
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Wood
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 1080
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Sun Room
  • SqFtTotal: 1080.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Patio
  • Lake Acres: 835
  • LakeChain: Y
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 130
  • Lake Chain Acreage: 5357
  • Lake Chain Name: Chisago Lakes

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 450

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Snow Removal
  • Phone: 612-616-2631
  • Association Fee: 290
  • Association: Yes

Association/Amenities

  • HOA Management Co: Dew Drop

Schools

  • Junior High Dist: Chisago Lakes
  • SchoolDistrictNumber: 2144
  • SchoolDistrictPhone: 651-213-2096

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 30x50
  • Lot Size Sq Ft: 1481.04
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 120027425
  • Tax Annual Amount: 2653
  • TaxWithAssessments: 2686.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 9, 2024
Sold by
Quandt Phyllis
Bought by
Young Lisa
Seller's Agent
Cheryl Kempenich
Coldwell Banker Realty
Buyer's Agent
Braden Shannon
National Realty Guild
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Total Days on Market
29
Views
9
Current Estimated Value
$294,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,821
Avg. Annual Appreciation
10.69%
Original Mortgage
$195,000
Outstanding Balance
$193,140
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$101,681

Purchase Details

Closed on
Jul 21, 2000
Sold by
National Builders Inc
Bought by
Quandt Orville F and Quandt Phyllis J
Source: Public Records

Range of Values:

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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
Young Lisa $265,000 --
Quandt Orville F $117,830 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Lisa $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $265,000 0.0% $245 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/26/2024 06/26/24 Off Market $265,000 -- --
06/21/2024 06/21/24 For Sale $269,900 -- $250 / 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
2023 $2,746 $256,100 $0 $0
2022 $2,746 $234,300 $0 $0
2021 $2,624 $199,600 $0 $0
2020 $2,278 $201,800 $70,200 $131,600
2019 $2,020 $0 $0 $0
2018 $1,960 $0 $0 $0
2017 $1,882 $0 $0 $0
2016 $1,726 $0 $0 $0
2015 $1,642 $0 $0 $0
2014 -- $118,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6557381

NorthstarMLS

APN: 12-00274-25