NOT LISTED FOR SALE

50798 Carpenters Point Ln Elysian, MN 56028

Estimated Value: $326,000 - $572,000

2 Beds
1 Bath
768 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $290,000 $378 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,558/month

146 Days on Market

Highlights

  • 268 Feet of Waterfront
  • 1-Story Property
  • Utility Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of May 2022

Right on the water's edge of Southern Minnesota's premier lake. Enjoy stunning views and an abundance of sunshine from this charming 2 bed, 1 bath year round home on Lake Francis. Completely remodeled in 2020. New siding, windows, mechanicals, appliances, flooring, paint, quartz countertops, lighting, fixtures and tile. Gentle slope to the lake. Plenty of storage area in the crawl space. Fantastic affordable opportunity on Lake Francis!

Last Listed By

Shaun Zaudtke

Edina Realty, Inc. Listed on: 11/12/2021

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 260x35x250x68
  • 268 Feet of Waterfront
  • Lake Front
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Well

Community Details

  • Carpenters Point Association, Phone Number (507) 676-1140
  • Aud/Sec 28 Carp Pt Francis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044200010

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

Built in 1968

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: No Stairs External, No Stairs Internal, Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: Private, Well
  • Fee Frequency: Annually
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 768
  • Water Body Name: Frances
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric
  • Living Area: 768
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Family Room, Kitchen, Bedroom 1, Bedroom 2, Utility Room
  • SqFtTotal: 768.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Bay
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 927
  • Lake Bottom: Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 268

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Holding Tank, Private Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 507-676-1140
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Tile Floors

Association/Amenities

  • HOA Management Co: Carpenters Point Association

Schools

  • Junior High Dist: Waterville-Elysian-Morristown
  • SchoolDistrictNumber: 2143
  • SchoolDistrictPhone: 507-275-3115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 260x35x250x68
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 044200010
  • Tax Annual Amount: 950
  • TaxWithAssessments: 950.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
May 16, 2022
Sold by
Lafrance Josh and Palumbo Gina
Bought by
Lee Leslie and Lee Jacob
Seller's Agent
Shaun Zaudtke
Edina Realty, Inc.
Buyer's Agent
Patti Iverson
Coldwell Banker Burnet
List Price
$340,000
Sold Price
$290,000
Premium/Discount to List
-$50,000
-14.71%
Total Days on Market
146
Current Estimated Value
$426,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,667
Avg. Annual Appreciation
13.88%
Original Mortgage
$144,000
Outstanding Balance
$137,121
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$289,546

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
Lee Leslie $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Leslie $144,000
Previous Owner Short Christopher T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $290,000 -3.3% $378 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $299,900 -11.8% $390 / Sq Ft
03/31/2022 03/31/22 For Sale $340,000 +17.2% $443 / Sq Ft
12/16/2021 12/16/21 Off Market $290,000 -- --
11/12/2021 11/12/21 For Sale $340,000 +1033.3% $443 / Sq Ft
12/28/2016 12/28/16 Sold $30,000 -66.3% $39 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $89,000 -- $116 / 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
2024 $2,114 $387,600 $200,600 $187,000
2023 $1,704 $277,800 $184,400 $93,400
2022 $1,280 $210,500 $115,000 $95,500
2021 $950 $137,500 $65,000 $72,500
2020 $654 $102,100 $40,000 $62,100
2019 $620 $71,600 $40,000 $31,600
2018 $605 $66,100 $40,000 $26,100
2017 $265 $34,100 $30,000 $4,100
2016 $814 $71,000 $53,554 $17,446
2015 $799 $71,700 $53,757 $17,943
2014 $647 $66,900 $48,967 $17,933
2013 $666 $66,900 $48,967 $17,933
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6127091

NorthstarMLS

APN: 04.420.0010