NOT LISTED FOR SALE

6571 Rustic Rd SE Prior Lake, MN 55372

Estimated Value: $471,580 - $665,000

5 Beds
3 Baths
2,800 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 05, 2014

Last sale price $324,400 $116 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,345/month

7 Days on Market

Highlights

  • Beach
  • Deck
  • Vaulted Ceiling
  • Westwood Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of June 2014

Rare Prior Lake access through the desirable Oakland Beach Assoc! Enjoy economical lakefront amenities: personal dock slip, lakeside pavilion, patio & beach! Updated & spacious 5br/3bath home! 3 gas fireplaces! Heated 3 car garage! Steps to park! Must see

Last Agent to Sell the Property

Jeff Scislow

RE/MAX Results Listed on: 04/23/2014

Last Buyer's Agent

Cory Kellum

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,518

Year Built

  • Built in 1976

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 136x100x13
  • Corner Lot
  • Landscaped with Trees

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 251370010

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,518

Year Built

Built in 1976

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Asphalt, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.33
  • Assessment Balance: 10
  • Construction: Previously Owned
  • Foundation Size: 1394
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 251370010
  • Projected Closed Date: 06/20/2014
  • Road Between Waterfront And Home: Yes
  • Stories: Bi-Level Split
  • Taxes With Assessments: 3528
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 21x16, On Level: Upper
  • Room 2: Dining Room, 13x12, On Level: Upper
  • Room 3: Family Room, 17x13, On Level: Lower
  • Room 4: Kitchen, 14x12, On Level: Upper
  • Room 5: Bedroom, 15x12, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 12x10, On Level: Upper
  • Room 8: Bedroom, 15x13, On Level: Lower
  • Room 9: Bedroom, 15x12, On Level: Lower
  • Room 10: Rec Room, 26x13, On Level: Lower
  • Room 11: Deck, 40x12, On Level: Upper
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1406
  • Below Grade Finished Sq Ft: 1394
  • Total Fin Square Footage: 2800

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 956.16
  • Waterfront Name: Lower Prior
  • Exterior: Brick, Fiber Board
  • Roof: Asphalt Shingles
  • Waterfront Description: Association Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Shared: Patio, Swimming Beach
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 450

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Estimated Lot Dimensions: 136X100X13
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2013
  • Tax Value: 3518

MLS Schools

  • School District: Prior Lake-Savage Area #719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 5, 2014
Sold by
Nelson Patrick and Nelson Kari
Bought by
Drever Tyler J
Seller's Agent
Jeff Scislow
RE/MAX Results
Buyer's Agent
Cory Kellum
Coldwell Banker Burnet
List Price
$319,900
Sold Price
$324,400
Premium/Discount to List
$4,500
1.41%
Current Estimated Value
$551,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,495
Avg. Annual Appreciation
4.78%
Original Mortgage
$318,477
Outstanding Balance
$242,696
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$309,199

Purchase Details

Closed on
Aug 10, 2005
Sold by
Olsen Mark J and Olsen Helen F
Bought by
Nelson Patrick
Source: Public Records

Range of Values:

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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
Drever Tyler J $324,400 Burnet Title
Nelson Patrick $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drever Tyler J $318,477
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2014 06/05/14 Sold $324,400 +1.4% $116 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $319,900 -- $114 / 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
2025 $4,568 $467,200 $211,400 $255,800
2024 $4,510 $467,400 $211,400 $256,000
2023 $4,568 $444,300 $201,900 $242,400
2022 $4,244 $464,800 $201,900 $262,900
2021 $4,180 $369,800 $167,900 $201,900
2020 $3,948 $357,300 $158,700 $198,600
2019 $3,834 $326,300 $134,400 $191,900
2018 $4,296 $0 $0 $0
2016 $3,880 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4606661

REALTOR® Association of Southern Minnesota

APN: 25-137-001-0