NOT LISTED FOR SALE

721 Main St W Silver Lake, MN 55381

Estimated Value: $226,000 - $283,772

4 Beds
2 Baths
1,802 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $260,000 $144 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,627/month

67 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Loft
  • Porch
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2023

Welcome to 721 Main Street W in Silver Lake! This beautiful home comes with 50 feet of lakeshore on Silver Lake! This home was gutted and redone between 2011-2013 including electric, plumbing & roof; Main level features modern kitchen with built in dishwasher, range & refrigerator, informal dining room, living room, main floor bedroom & bath. Beautiful glass pocket doors separate the entryway to the dining room & living room. Gorgeous oak staircase leads up the second level; Second level features 3 bedrooms, full bath & flex room with cedar closet which has access to the large balcony overlooking Silver Lake; 3rd level features the attic loft which has endless possibilities for its use! The entire interior of the home has been recently painted! An attached 2 stall garage with doors on both ends was added in 2013; Finally, the huge screened in porch looking out to the lengthy flat backyard and lake! Seller is giving a $3,000 flooring allowance to buyer.

Last Agent to Sell the Property

Kristin Garbers

Edina Realty, Inc. Listed on: 08/18/2023

Co-Listed By

Lynne Garbers

Edina Realty, Inc.

Last Buyer's Agent

Karri Colestock

Keller Williams Select Realty

Keller Williams Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1904

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50x250
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,802 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 190580110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,956

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 1802
  • Water Body Name: Silver
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 1802
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Porch, Loft, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • View: Lake, South
  • ConstructionMaterialsDesc: Stone
  • PatioPorchType: Enclosed,Rear Porch
  • Lake Acres: 444
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Tandem
  • Garage Square Feet: 432

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Porch

Schools

  • Junior High Dist: Glencoe-Silver Lake
  • SchoolDistrictNumber: 2859
  • SchoolDistrictPhone: 320-864-2498

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x250
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 190580110
  • Tax Annual Amount: 2956
  • TaxWithAssessments: 2956.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 15, 2023
Sold by
Willins Linda
Bought by
Oster Daniel
Seller's Agent
Kristin Garbers
Edina Realty, Inc.
Buyer's Agent
Karri Colestock
Keller Williams Select Realty
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Views
145
Current Estimated Value
$253,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,557
Avg. Annual Appreciation
-3.88%
Original Mortgage
$252,200
Outstanding Balance
$248,847
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
-$6,646
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oster Daniel $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oster Daniel $252,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $260,000 -3.3% $144 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $269,000 -- $149 / 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
2024 $2,952 $200,500 $23,600 $176,900
2023 $2,662 $184,300 $23,600 $160,700
2022 $3,264 $178,600 $23,400 $155,200
2021 $2,848 $163,900 $21,300 $142,600
2020 $2,846 $149,200 $19,300 $129,900
2019 $2,614 $145,300 $18,400 $126,900
2018 $2,396 $0 $0 $0
2017 $2,262 $0 $0 $0
2016 $1,750 $0 $0 $0
2015 $1,498 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6406754

NorthstarMLS

APN: 19.058.0110