NOT LISTED FOR SALE

6502 Cypress Ln Gilbert, MN 55741

Estimated Value: $279,000 - $567,000

2 Beds
1 Bath
672 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $78,000 $116 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $2,265/month

154 Days on Market

Highlights

  • 495 Feet of Waterfront
  • 1-Story Property
  • Wood Siding
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of March 2012

Owner Occupant offers may be eligible for incentives. See www.homesteps.com for potential incentives. Cute 2 bedroom, 1 bath on 9 acres, home sits on Esquagama Lake with 495 of shoreline. Across from Esquagama Country Club. Being sold AS IS.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 09/02/2011

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 8.88 Acre Lot
  • Lot Dimensions are 495 x 899
  • 495 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 260-0015-01010

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 8.88
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 672
  • Parcel Number: 260-0015-01010
  • Stories: 1 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x14, On Level: Main
  • Room 2: Kitchen, 13.5x10, On Level: Main
  • Room 9: Bedroom, 11.5x9, On Level: Main
  • Room 10: Bedroom, 11.5x9, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 672
  • Total Fin Square Footage: 672
  • Total Square Footage: 672

Exterior Features

  • Waterfront Name: Esquagama
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 495
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 495 X 899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2023
Sold by
Soderling Lucas Ryan and Soderling Amy Lynn
Bought by
Soderling Revocable Living Trust and Soderling
Current Estimated Value
$390,102

Purchase Details

Listed on
Sep 2, 2011
Closed on
Feb 9, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Soderling Luke R and Soderling Amy L
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$119,900
Sold Price
$78,000
Premium/Discount to List
-$41,900
-34.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$74,100
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 26, 2010
Sold by
Penke Alan
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 6, 2006
Sold by
Korpi James A and Korpi Rhiannan V
Bought by
Penke Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,720
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Korpi James A and Korpi Rhiannon V
Bought by
Korpi James A and Korpi Rhiannon
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
Soderling Revocable Living Trust $500 None Listed On Document
Soderling Luke R -- Burnet Title
Federal Home Loan Mortgage Corp -- None Available
Mortgage Electronic Registration Systems $210,200 None Available
Penke Alan $230,900 Rels Title
Korpi James A $16,724 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soderling Luke R $74,100
Previous Owner Penke Alan $184,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2012 03/14/12 Sold $78,000 -34.9% $116 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
09/02/2011 09/02/11 For Sale $119,900 -- $178 / 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 $2,582 $283,500 $69,000 $214,500
2023 $2,582 $275,700 $69,000 $206,700
2022 $2,706 $178,800 $69,000 $109,800
2021 $1,152 $140,700 $56,100 $84,600
2020 $1,128 $126,600 $52,800 $73,800
2019 $966 $126,600 $52,800 $73,800
2018 $502 $126,600 $52,800 $73,800
2017 $490 $89,100 $46,200 $42,900
2016 $466 $89,100 $46,200 $42,900
2015 $537 $65,300 $35,500 $29,800
2014 $537 $65,300 $35,500 $29,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Lyons

    Port Cities Realty, LLC

  • N

    Buyer's Agent in 2012

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4220803

REALTOR® Association of Southern Minnesota

APN: 260001501010

Minnesota St Louis County Gilbert 55741

6502 Cypress Ln, Gilbert, MN

Not Listed for Sale

Detached

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