Seller's Agent in 2022
Daniel Smoot
Edina Realty, Inc.
(952) 457-8486
93 in this area
195 Total Sales
7341 Joliet Ave S Cottage Grove, MN 55016
Estimated Value: $415,000 - $425,000
5
Beds
2
Baths
2,110
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Home Gym
- Liberty Ridge Elementary School Rated A-
- No HOA
- The kitchen features windows
About This Home
As of December 2022Located near Cottage Grove Middle School and Grey Cloud Elementary, this 5 bedroom home is situated on a large corner lot & features several recent upgrades/updates including in the last year: new driveway, new roof, new water heater, new insulated garage door, new bathroom, and recently painted (interior). The large deck and the extra large patio are natural extensions to the home. Ornate and detailed landscaping make the backyard a special place to relax and/or entertain. The large family room gets extra warmth from the cozy fireplace. The large bay windows make the Primary bedroom and the family room feel larger and brighter. Take advantage of the 5 bedrooms or convert into a home office to make it extra easy to work from home. Garage features extra 10x10 nook to accommodate extra storage needs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,899
Year Built
- Built in 1994
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x133x108
- Corner Lot
- Many Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Bi-Level Home
- Metal Siding
- Vinyl Siding
Interior Spaces
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Block Basement Construction
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Community Details
- No Home Owners Association
- East Parkview 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1002721130084
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2022
Closed on
Dec 20, 2022
Sold by
Palacio Steven and Palacio Cherie
Bought by
Erling Olivia and Erling Frank
Seller's Agent
Daniel Smoot
Edina Realty, Inc.
List Price
$400,000
Sold Price
$400,000
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,227
Avg. Annual Appreciation
1.74%
Original Mortgage
$340,000
Outstanding Balance
$329,797
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$90,430
Purchase Details
Listed on
Oct 18, 2022
Closed on
Dec 15, 2022
Sold by
Palacio Steven D and Palacio Cherie A
Bought by
Erling Frank and Erling Olivia
Seller's Agent
Daniel Smoot
Edina Realty, Inc.
List Price
$400,000
Sold Price
$400,000
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$329,797
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$90,430
Purchase Details
Closed on
Aug 28, 1997
Sold by
Klein Jeffrey A and Klein Suzanne A
Bought by
Palacio Steven D and Palacio Cherie A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erling Olivia | $400,000 | -- | |
| Erling Frank | $400,000 | Edina Realty Title | |
| Palacio Steven D | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erling Olivia | $340,000 | |
| Closed | Erling Frank | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $400,000 | 0.0% | $190 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 10/18/2022 10/18/22 | For Sale | $400,000 | -- | $190 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,784 | $371,100 | $115,000 | $256,100 |
| 2023 | $4,784 | $394,600 | $140,000 | $254,600 |
| 2022 | $4,112 | $353,100 | $123,500 | $229,600 |
| 2021 | $3,916 | $293,300 | $102,600 | $190,700 |
| 2020 | $3,770 | $282,500 | $98,500 | $184,000 |
| 2019 | $3,672 | $264,400 | $85,000 | $179,400 |
| 2018 | $3,390 | $251,600 | $85,000 | $166,600 |
| 2017 | $3,094 | $229,000 | $75,000 | $154,000 |
| 2016 | $3,426 | $212,600 | $60,000 | $152,600 |
| 2015 | $2,708 | $182,000 | $63,400 | $118,600 |
| 2013 | -- | $150,300 | $51,100 | $99,200 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Smoot
-
Daniel & Rachel Smoot
Seller Co-Listing Agent in 2022
Daniel & Rachel Smoot
Edina Realty, Inc.
(952) 457-8486
78 in this area
131 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6244599
APN: 10-027-21-13-0084
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