NOT LISTED FOR SALE

7050 Lockslie Way Savage, MN 55378

Estimated Value: $542,000 - $624,635

3 Beds
3 Baths
2,100 Sq Ft
$280/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $255,100 $121 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,724/month

190 Days on Market

Highlights

  • Forced Air Heating System
  • Glendale Elementary School Rated A-
  • 5-minute walk to McCann Park

About This Home

As of September 2013

Great 3 bed, 3 bath. 2 Homes for Sale. Live in one and rent the other! Or Great area for investment. The roof will be completely replaced in a few weeks due to an insurance claim.

Last Agent to Sell the Property

Jason Stockwell

RE/MAX Results Listed on: 02/12/2013

Last Buyer's Agent

John Anderson

Cedar Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,077

Year Built

  • Built in 2000

Lot Details

  • 5,663 Sq Ft Lot
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • 2,100 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof

Finished Basement

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,077

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 429
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/04/2013
  • Street Designation: Way
  • Taxes With Assessments: 5506
  • Estimated Number of Acres: 0.13
  • Comp Dev Subdiv Name: Featherstone Lake Esates
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1205
  • Total Fin Square Footage: 2100
  • Below Grade Finished Sq Ft: 895

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2000

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 5077

MLS Schools

  • School District: Prior Lake-Savage Area #719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
Oct 30, 2013
Sold by
Jarvi Wayne A and Jarvi Patricia A
Bought by
Wagon Maker Investments Llc
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
John Anderson
Cedar Realty LLC
List Price
$285,000
Sold Price
$255,100
Premium/Discount to List
-$29,900
-10.49%
Current Estimated Value
$588,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,445
Avg. Annual Appreciation
7.16%
Original Mortgage
$220,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 12, 2013
Closed on
Sep 3, 2013
Sold by
Edwardson Todd R
Bought by
Jarvi Wayne A
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
John Anderson
Cedar Realty LLC
List Price
$285,000
Sold Price
$255,100
Premium/Discount to List
-$29,900
-10.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2002
Sold by
Burckhardt Curtis E
Bought by
Edwardson Todd R and Edwardson Raymond H

Purchase Details

Closed on
Jul 26, 2000
Sold by
John B Mahoney Construction Inc
Bought by
Burckhardt Curtis E

Purchase Details

Closed on
Aug 5, 1999
Sold by
Moecker & Associates Inc
Bought by
John B Mahoney Construction Inc
Source: Public Records

Range of Values:

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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
Wagon Maker Investments Llc -- None Available
Jarvi Wayne A $255,100 Network Title Inc
Edwardson Todd R $415,000 --
Burckhardt Curtis E $199,000 --
John B Mahoney Construction Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarvi Wayne A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $255,100 -10.5% $121 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $285,000 -- $136 / 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 $7,252 $570,400 $161,700 $408,700
2024 $6,904 $565,300 $161,700 $403,600
2023 $6,866 $538,800 $161,700 $377,100
2022 $6,222 $548,400 $171,300 $377,100
2021 $6,444 $419,100 $137,000 $282,100
2020 $6,478 $418,100 $122,000 $296,100
2019 $6,688 $408,500 $113,000 $295,500
2018 $5,044 $0 $0 $0
2016 $4,640 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Stockwell

    RE/MAX

  • J

    Buyer's Agent in 2013

    John Anderson

    Cedar Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4439594

REALTOR® Association of Southern Minnesota

APN: 26-286-066-0

Minnesota Scott County Savage 55378

7050 Lockslie Way, Savage, MN

This home is located at 7050 Lockslie Way, Savage, MN 55378 since 12 February 2013 and is currently estimated at $588,545, approximately $280 per square foot. This property was built in 2000. 7050 Lockslie Way is a home located in Scott County with nearby schools including Glendale Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle 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.

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