NOT LISTED FOR SALE

7140 7140 435th Ave Waterville, MN 56096

Estimated Value: $511,000 - $733,000

3 Beds
2 Baths
2,789 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $699,000 $251 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,978/month

51 Days on Market

Highlights

  • Boathouse
  • Docks
  • Boat Slip
  • 146 Feet of Waterfront
  • Beach Access
  • Deck

About This Home

As of August 2023

This unique waterfront property offers 3 bedrooms and 2 bathrooms - situated on Reeds Lake with 146 feet of lakeshore, beautiful lake views and gorgeous sunsets. The main floor has an open concept living area, kitchen with large island, hardwood floors, vaulted ceilings and main floor laundry. Up one level you will find an open concept living room that overlooks the kitchen area, included with a master bedroom, bathroom and a large deck with lake views. Finished walkout lower level features a family room, 2 bedrooms, bathroom and a bonus space for a shop or additional living space. Down one more level you will find a family room and utility room offering plenty of storage options. The property also features a large storage shed and an impressive 24 x 24 ft boat house, the lower level has a 2-track boat lift system and finished upper level offers large windows with breathtaking views of the lake, perfect for entertaining or just relaxing! This home has so much to offer- don’t miss this great property!

Last Agent to Sell the Property

Jessica Ringler

JBEAL REAL ESTATE GROUP Listed on: 05/19/2023

Last Buyer's Agent

Jessica Ringler

JBEAL REAL ESTATE GROUP Listed on: 05/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,010

Year Built

  • Built in 1993

Lot Details

  • 0.92 Acre Lot
  • 146 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Boat Slip
  • Boathouse
  • Docks
  • Balcony
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Heating System Powered By Leased Propane
  • Gas Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 053510200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,010

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Walk-up Attic, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Balcony, Boat Slip, Deck, Dock, Driveway - Gravel, Patio
  • Estimated Number of Acres: 0.92
  • Foundation Size: 1479
  • L V T Date: 05/19/2023
  • Mechanicals: Fuel Tank-Rented, Furnace Humidifier, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 053510200
  • Price Per Square Foot: 233
  • Projected Closed Date: 08/11/2023
  • Sold Price Per Sq Ft: 233
  • Stories: Multi-Level (L)
  • Street Designation: Avenue
  • Taxes With Assessments: 5010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 15' 10"x11' 10", On Level: Main
  • Room 2: Dining Room, 15' 10"x11' 10", On Level: Main
  • Room 3: Laundry Room, 15' 10"x10' 4", On Level: Main
  • Room 4: Foyer, 12' 2"x4' 10", On Level: Main
  • Room 5: Living Room, 27'x18', On Level: Upper
  • Room 6: Master Bedroom, 15' 9"x11' 3", On Level: Upper
  • Room 7: 15' 9"x9' 10", On Level: Upper
  • Room 8: Family Room, 24'x15' 9", On Level: Lower
  • Room 9: Bathroom, 7' 10"x5' 5", On Level: Lower
  • Room 10: Bedroom, 13' 5"x8' 3", On Level: Lower
  • Room 11: Bedroom, 14' 4"x9' 10", On Level: Lower
  • Room 12: Workshop, 23' 10"x10' 9", On Level: Lower
  • Room 13: Family Room, 22' 5"x15', On Level: Basement
  • Room 14: Utility Room, 15' 7"x15", On Level: Basement
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Full
  • Finished Above Grade Sq Ft: 1310
  • Below Grade Finished Sq Ft: 1479
  • Tot Above Grade Sq Ft: 1310
  • Total Fin Square Footage: 2789
  • Total Square Footage: 3000
  • Tot Below Grade Sq Ft: 1690

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 193
  • Waterfront Name: Reeds
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Boathouse, Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 146
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3
  • Garage Square Footage: 742

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: Private
  • Water: Shared

Schools

  • School District: Waterville-Elysian-Morristown #2143

Lot Info

  • Estimated Lot Dimensions: 40,425 sq ft
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Heavy, Paved Streets

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2023
  • Tax Value: 5010

MLS Schools

  • School District: Waterville-Elysian-Morristown #2143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 11, 2023
Sold by
Majeres Patricia
Bought by
Roger M Haley Revocable Trust Dated and Tamra Hildebrandt-Haley Revocable Trust
Seller's Agent
Jessica Ringler
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jessica Ringler
JBEAL REAL ESTATE GROUP
List Price
$699,000
Sold Price
$699,000
Views
53
Current Estimated Value
$658,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,572
Avg. Annual Appreciation
-2.68%
Original Mortgage
$694,000
Outstanding Balance
$677,890
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$19,462
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
Roger M Haley Revocable Trust Dated $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roger M Haley Revocable Trust Dated $694,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $699,000 0.0% $251 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $699,000 -- $251 / 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 $5,970 $642,900 $217,800 $425,100
2023 $4,466 $524,100 $200,600 $323,500
2022 $4,852 $504,400 $204,900 $299,500
2021 $4,610 $424,800 $173,400 $251,400
2020 $4,580 $393,100 $160,500 $232,600
2019 $4,462 $393,100 $160,500 $232,600
2018 $3,894 $368,200 $147,600 $220,600
2017 $3,780 $364,100 $145,956 $218,144
2016 $3,800 $362,400 $141,658 $220,742
2015 -- $354,600 $134,344 $220,256
2012 -- $375,300 $142,088 $233,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032366

REALTOR® Association of Southern Minnesota

APN: 05.351.0200