NOT LISTED FOR SALE

509 Main St W Silver Lake, MN 55381

Estimated Value: $225,000 - $278,000

5 Beds
2 Baths
2,183 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $82,000 $38 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,630/month

151 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Eat-In Kitchen
  • 3-minute walk to Lakeside Elementary School Park

About This Home

As of January 2013

GREAT FAMILY HOME! SPACIOUS RAMBLER NICELY LANDSCAPED WITH MAINTENANCE FREE SIDING. ACROSS STREET FROM CITY PARK;THIS HOME FEATURES 3 BR ON MAIN LEVEL W/HARDWOOD FLRS;DEN/COMPUTER RM MAIN LVL;LG FAM RM IN BSMT-ATT DBL GAR

Last Agent to Sell the Property

Steven Loraus

Twin Cities Real Estate Group Listed on: 07/13/2012

Last Buyer's Agent

Jeanne Ray

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,080

Year Built

  • 1961

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Water Softener is Owned

Additional Features

  • Deck
  • Lot Dimensions are 53x138.75

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 190800060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

Year Built

1961

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Deck
  • Construction: Previously Owned
  • Foundation Size: 1157
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 190800060
  • Potential Short Sale: Yes
  • Projected Closed Date: 12/28/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2476
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 5
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x15, On Level: Main
  • Room 3: Family Room, 42x17, On Level: Lower
  • Room 4: Kitchen, 20x10, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 10x9, On Level: Main
  • Room 9: Laundry Room, 29x9, On Level: Lower
  • Room 10: Den/Office, 23x10, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1397
  • Below Grade Finished Sq Ft: 786
  • Total Fin Square Footage: 2183

Exterior Features

  • Exterior: Brick, Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric
  • Heat: Baseboard, Forced Air

Schools

  • School District: Glencoe-Silver Lake #2859

Lot Info

  • Estimated Lot Dimensions: 53X138.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Jan 4, 2013
Sold by
Heuer Joshua L
Bought by
Mallak Gary J and Mallak Pamela K
Seller's Agent
Steven Loraus
Twin Cities Real Estate Group
Buyer's Agent
Jeanne Ray
Edina Realty, Inc.
List Price
$129,900
Sold Price
$82,000
Premium/Discount to List
-$47,900
-36.87%
Current Estimated Value
$250,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,793
Avg. Annual Appreciation
9.25%
Original Mortgage
$61,500
Outstanding Balance
$13,670
Interest Rate
3.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,619

Purchase Details

Closed on
Jun 11, 2012
Sold by
Franet Roberta C
Bought by
Heuer Joshua L
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
Mallak Gary J -- Stewart Title Of Mn Inc Bloo
Heuer Joshua L -- Mcleod County Abstract & Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallak Gary J $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2013 01/04/13 Sold $82,000 -36.9% $38 / Sq Ft
12/11/2012 12/11/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $129,900 -- $60 / 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
2024 $3,080 $207,500 $24,500 $183,000
2023 $3,066 $207,500 $24,500 $183,000
2022 $3,278 $218,800 $34,700 $184,100
2021 $2,996 $193,800 $31,600 $162,200
2020 $2,970 $176,500 $28,700 $147,800
2019 $2,432 $171,500 $27,300 $144,200
2018 $2,238 $0 $0 $0
2017 $2,014 $0 $0 $0
2016 $2,196 $0 $0 $0
2015 $1,866 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steven Loraus

    Twin Cities Real Estate Group

  • J

    Buyer's Agent in 2013

    Jeanne Ray

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4345560

REALTOR® Association of Southern Minnesota

APN: 19.080.0060

Minnesota Mcleod County Silver Lake 55381

509 Main St W, Silver Lake, MN

This home is located at 509 Main St W, Silver Lake, MN 55381 since 13 July 2012 and is currently estimated at $250,566, approximately $114 per square foot. This property was built in 1961. 509 Main St W is a home located in McLeod County with nearby schools including Baker Elementary School, Lakeside Elementary School, and Glencoe-Silver Lake Jr. High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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