NOT LISTED FOR SALE

50411 Mortensen Ln Waterville, MN 56096

Estimated Value: $311,337 - $356,000

2 Beds
2 Baths
1,260 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $135,000 $107 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,940/month

64 Days on Market

Highlights

  • 61 Feet of Waterfront
  • Bathroom on Main Level
  • Wood Siding
  • Deck
  • Dining Room

About This Home

As of January 2015

Tetonka Lakefront Walk-out House! Includes boathouse. 61 feet of lakeshore with awesome view from large deck and lower level bedroom.

Last Agent to Sell the Property

Mark Woodrich

ERA Gillespie Real Estate Listed on: 10/16/2014

Co-Listed By

Stephanie Woodrich

ERA Gillespie Real Estate

Last Buyer's Agent

Agent Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 61x106
  • 61 Feet of Waterfront
  • Lake Front

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Heating System Powered By Owned Propane
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 144200100

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.21
  • Parcel Number: 144200100
  • Stories: 4+ Level Split
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Lower
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 840
  • Below Grade Finished Sq Ft: 420
  • Total Fin Square Footage: 1260
  • Total Square Footage: 1680

Exterior Features

  • Lake Class: Recreation Dvelopmnt
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 61
  • Waterfront Description: Lake

Utilities

  • Fuel: Propane - Tank Owned
  • Sewer: Private
  • Water: Shared

Lot Info

  • Estimated Lot Dimensions: 61x106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jan 16, 2015
Seller's Agent
Mark Woodrich
ERA Gillespie Real Estate
Buyer's Agent
Agent Non-Member
Non-Member
List Price
$184,900
Sold Price
$135,000
Premium/Discount to List
-$49,900
-26.99%
Current Estimated Value
$327,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,834
Avg. Annual Appreciation
8.45%
Original Mortgage
$133,000
Outstanding Balance
$101,191
Interest Rate
3.66%
Estimated Equity
$226,643

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jan 7, 2015
Bought by
Home Plate Rentals Llc
Seller's Agent
Mark Woodrich
ERA Gillespie Real Estate
Buyer's Agent
Agent Non-Member
Non-Member
List Price
$184,900
Sold Price
$135,000
Premium/Discount to List
-$49,900
-26.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$101,191
Interest Rate
3.66%
Estimated Equity
$226,643

Purchase Details

Closed on
Apr 4, 2014
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 1, 2008
Sold by
Ambroz Alvin and Ambroz Marilyn
Bought by
Radford Kristin M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $135,000 --
Home Plate Rentals Llc -- --
Federal Home Loan Mortgage Corp -- --
Radford Kristin M $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $135,000 -27.0% $107 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $184,900 -- $147 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,600 $307,600 $190,100 $117,500
2024 $2,424 $307,200 $190,100 $117,100
2023 $2,440 $304,500 $190,100 $114,400
2022 $2,010 $285,900 $188,200 $97,700
2021 $3,060 $203,300 $123,200 $80,100
2020 $3,104 $190,000 $116,600 $73,400
2019 $3,086 $190,000 $116,600 $73,400
2018 $1,865 $180,800 $116,600 $64,200
2017 $1,560 $174,100 $116,600 $57,500
2016 $1,546 $179,100 $121,600 $57,500
2015 $1,531 $179,100 $121,600 $57,500
2014 $1,627 $179,800 $121,600 $58,200
2013 $1,540 $162,400 $107,794 $54,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4685786

REALTOR® Association of Southern Minnesota

APN: 14.420.0100