NOT LISTED FOR SALE

5671 Dempsey Ave SW Waverly, MN 55390

Estimated Value: $263,000 - $346,000

2 Beds
1 Bath
640 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $260,000 $406 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,929/month

276 Days on Market

Highlights

  • Lake Front
  • No HOA
  • 1-Story Property
  • Beach Access
  • The kitchen features windows
  • Wood Burning Fireplace

About This Home

As of August 2023

Beautiful West facing lot with seasonal cabin. 120 feet of sandy lakeshore with beach and riprap. City water and sewer, Variances granted for new 2500+ square foot home to be constructed, survey completed and initial design drawn. Includes new 8x12 shed, includes 48 foot dock with new decking.

Last Buyer's Agent

Melissa Bennett

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1960

Lot Details

  • 4,530 Sq Ft Lot
  • Lot Dimensions are 60x80x60x84
  • Lake Front

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Beach Access
  • Heating System Uses Wood

Community Details

  • No Home Owners Association
  • Chosen Valley Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 116014000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,760

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 640
  • Water Body Name: Waverly
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 640
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Lake
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 491
  • Lake Bottom: Hard
  • LakeChain: N

Garage/Parking

  • Parking Features: Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window

Schools

  • Junior High Dist: Howard Lake-Waverly-Winsted
  • SchoolDistrictNumber: 2687
  • SchoolDistrictPhone: 320-543-3521

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60x80x60x84
  • Lot Size Sq Ft: 4530.24
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 116014000060
  • Tax Annual Amount: 2760
  • TaxWithAssessments: 2760.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Aug 31, 2023
Sold by
Westphal Mark and Westphal Tonya
Bought by
Sommer Gregory and Sommer Shelby
Buyer's Agent
Melissa Bennett
Edina Realty, Inc.
List Price
$335,000
Sold Price
$260,000
Premium/Discount to List
-$75,000
-22.39%
Views
222
Current Estimated Value
$301,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,786
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Jul 29, 2020
Sold by
Redman Brady Joseph and Redman Erin
Bought by
Westphal Mark and Westphal Tonya
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
Sommer Gregory $260,000 --
Westphal Mark $235,000 Title Mark Llc
Westphal Mark Mark $235,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $260,000 -16.1% $406 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
05/14/2023 05/14/23 Price Changed $310,000 -7.5% $484 / Sq Ft
01/03/2023 01/03/23 For Sale $335,000 +28.8% $523 / Sq Ft
12/30/2022 12/30/22 Off Market $260,000 -- --
11/03/2022 11/03/22 For Sale $335,000 -- $523 / 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
2025 $3,858 $320,700 $245,000 $75,700
2024 $4,702 $323,100 $245,000 $78,100
2023 $4,702 $341,000 $261,800 $79,200
2022 $2,760 $237,600 $163,800 $73,800
2021 $2,254 $178,600 $111,300 $67,300
2020 $2,044 $138,700 $86,900 $51,800
2019 $1,780 $121,700 $0 $0
2018 $1,632 $101,300 $0 $0
2017 $1,646 $88,100 $0 $0
2016 $1,766 $0 $0 $0
2015 $1,784 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6305583

NorthstarMLS

APN: 116-014-000060