503 Main St N Minnesota Lake, MN 56068
Estimated Value: $145,000 - $198,000
3
Beds
2.5
Baths
2,056
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Breakfast Bar
- Formal Dining Room
- Porch
- Bathroom on Main Level
About This Home
As of February 2020Back to active - buyer's financing fell through! Large, 2 story home with incredible potential on spacious corner lot! Fun, enclosed front porch with large windows to the front of the home lead you into the stylish kitchen featuring white cabinetry and breakfast bar seating. There is also a classic, open front porch too. The main floor also boasts a large dining room with hardwood flooring, spacious living room, and a roomy parlor. There is a convenient main floor laundry area and half bathroom too before you reach the private staircase up to the Master Suite. The upper level is complete with 3 bedrooms including a one-of-a-kind Master Suite with private 3/4 bathroom featuring jetted tub. There is also an additional full bathroom on this level and access to the unfinished, walk-up attic. Unfinished basement currently houses mechanicals. 10 foot ceilings throughout, recessed lighting in several areas, and most recent updates include: new roof in 2016, new water heater in 2016, new AC in 2018. Conventional financing or cash purchase only.
Last Agent to Sell the Property
AMERICAN WAY REALTY License #00289588 Listed on: 09/09/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,180
Year Built
- 1904
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 98x124x96x124
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2,056 Sq Ft Home
- Formal Dining Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone Basement
Parking
- 2 Car Detached Garage
- Driveway
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 280040300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2019
Closed on
Feb 20, 2020
Sold by
Beske Jill A and Estate Of Linda Kay Beske
Bought by
Wood Philip and Wood Teresa
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Total Days on Market
153
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
$85,472
Avg. Annual Appreciation
13.75%
Similar Home in Minnesota Lake, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wood Philip | $80,000 | Stewart Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2020 02/20/20 | Sold | $80,000 | -10.1% | $39 / Sq Ft |
| 02/09/2020 02/09/20 | Pending | -- | -- | -- |
| 01/04/2020 01/04/20 | Price Changed | $89,000 | -10.1% | $43 / Sq Ft |
| 11/11/2019 11/11/19 | For Sale | $99,000 | 0.0% | $48 / Sq Ft |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- |
| 09/19/2019 09/19/19 | Price Changed | $99,000 | -9.9% | $48 / Sq Ft |
| 09/09/2019 09/09/19 | For Sale | $109,900 | -- | $53 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 |
|---|---|---|---|---|
| 2024 | $2,180 | $149,500 | $12,300 | $137,200 |
| 2023 | $1,728 | $149,500 | $12,300 | $137,200 |
| 2022 | $1,542 | $105,200 | $8,800 | $96,400 |
| 2021 | $1,518 | $85,300 | $6,600 | $78,700 |
| 2020 | $1,364 | $85,300 | $6,600 | $78,700 |
| 2019 | $1,270 | $84,700 | $6,000 | $78,700 |
| 2018 | $1,252 | $75,400 | $3,600 | $71,800 |
| 2017 | $1,232 | $75,400 | $3,600 | $71,800 |
| 2015 | $1,214 | $74,900 | $3,600 | $71,300 |
| 2013 | -- | $101,900 | $3,600 | $98,300 |
Source: Public Records
Agents Affiliated with this Home
-
Karla Van Eman
Seller's Agent in 2020
Karla Van Eman
AMERICAN WAY REALTY
(507) 388-2660
305 Total Sales
-
Cheryl Krengel
Buyer's Agent in 2020
Cheryl Krengel
JBEAL REAL ESTATE GROUP
(507) 381-1411
84 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7022182
APN: 28.004.0300
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