NOT LISTED FOR SALE

518 Cherry St Lakefield, MN 56150

Estimated Value: $149,148 - $192,000

3 Beds
1 Bath
1,718 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2025

Last sale price $159,000 $93 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $975 / mo

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2025

Don’t miss this updated 3-bedroom, 1-bath ranch-style home in the heart of Lakefield—just blocks from schools, parks, and community spots.
The layout features main-floor laundry, a kitchen with plenty of storage, two bedrooms, and a comfortable living room. Main-floor bathroom has heated tile floors, and the kitchen offers under-cabinet lighting. The remodeled basement offers a large bedroom and a second living space—with plumbing rough-ins already in place for a potential second bathroom.
Outside, enjoy a cozy backyard, an attached garage with a new door (updated in 2021), and a large storage shed. Permanent outdoor lights add year-round charm.
Recent updates: new roof (2017), windows and siding (2020), waterproofed basement with radon mitigation (2021).
Whether you're starting out, downsizing, or just want a move-in ready home—this one's worth a look!

Last Agent to Sell the Property

Kortney Nesseth

Stan Sievert Agency Listed on: 07/28/2025

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1974

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 75 x 85

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Griffins Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 243210410

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,112

Year Built

Built in 1974

Lot Details

6,360 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1148
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1718
  • Fireplace: No
  • Below Grade Finished Sq Ft: 570
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Jackson County Central
  • SchoolDistrictPhone: 507-847-3608

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75 x 85
  • Lot Size Sq Ft: 6359.76
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 243210410
  • Tax Annual Amount: 1112
  • TaxWithAssessments: 1166.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2025
Closed on
Sep 4, 2025
Sold by
Olson Jacob and Olson Jacqueline
Bought by
Stender Nathan and Stender Jaclanette
Seller's Agent
Kortney Nesseth
Stan Sievert Agency
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$154,900
Sold Price
$159,000
Premium/Discount to List
$4,100
2.65%
Views
16
Current Estimated Value
$165,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,537
Avg. Annual Appreciation
6.71%
Original Mortgage
$159,000
Outstanding Balance
$159,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$6,537

Purchase Details

Closed on
May 4, 2007
Bought by
Olson Jacob
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stender Nathan $159,000 --
Olson Jacob $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stender Nathan $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $159,000 +2.6% $93 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $154,900 -- $90 / Sq Ft
Source: NorthstarMLS

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 $1,166 $113,200 $6,300 $106,900
2024 $1,240 $113,200 $6,300 $106,900
2023 $1,336 $86,200 $6,300 $79,900
2022 $1,252 $86,200 $6,300 $79,900
2021 $1,238 $72,200 $6,300 $65,900
2020 $1,250 $72,400 $6,300 $66,100
2019 $1,228 $74,600 $6,300 $68,300
2018 $1,214 $73,100 $6,300 $66,800
2017 $1,198 $70,300 $6,300 $64,000
2016 $1,224 $0 $0 $0
2015 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6762780

NorthstarMLS

APN: 24-321-0410

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