NOT LISTED FOR SALE

7515 Lamar Ave S Cottage Grove, MN 55016

Estimated Value: $453,000 - $550,000

3 Beds
2.5 Baths
2,214 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $540,000 $244 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,187/month

47 Days on Market

Highlights

  • Deck
  • No HOA
  • 5 Car Attached Garage
  • Liberty Ridge Elementary School Rated A-
  • The kitchen features windows
  • Eat-In Kitchen

About This Home

As of July 2024

Experience the perfect blend of nostalgia and modernity in this renovated home, reminiscent of 'Old Cottage Grove'. Its stunning brick exterior will captivate you as you approach, and the spacious 1/2 acre lot offers endless possibilities for gardening or outdoor activities. This home showcases several special features, including a primary suite w/ private attached bath and walk-in closet, a spacious open-concept living area filled with natural light, and a modern glam kitchen equipped w/ custom cabinetry, a spacious island, tile backsplash, and quartz countertops. Other significant main level features include a charming laundry room equipped with a dog washing station, a 3/4 bath, a large garage entry area, and a second main-level bedroom. The lower level boasts an impressive secondary living and gaming area, along with a 3rd bedroom, 3rd bath and a home office! Need more room for your hobbies? The 30x40 outbuilding is the perfect addition for any hobbyist! Car lift is INCLUDED!

Last Agent to Sell the Property

Nikki Ritter

RE/MAX Advantage Plus Listed on: 05/30/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Hilary Kostichka

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1952

Lot Details

  • 0.51 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Basement Window Egress
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1202721320010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,745

Year Built

Built in 1952

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 5
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1214
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 2214
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link, Partial
  • Other Structures: Additional Garage, Workshop
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt
  • Garage Square Feet: 308

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: South Washington County
  • SchoolDistrictNumber: 833
  • SchoolDistrictPhone: 651-425-6300

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0.510
  • Lot Size Sq Ft: 22084.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1202721320010
  • Tax Annual Amount: 4745
  • TaxWithAssessments: 4800.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 31, 2024
Sold by
Lorentz Derek and Lorentz Taylor
Bought by
Gordon Jarred and Gordon Tara
Seller's Agent
Nikki Ritter
RE/MAX Advantage Plus
Buyer's Agent
Hilary Kostichka
Edina Realty, Inc.
List Price
$547,000
Sold Price
$540,000
Premium/Discount to List
-$7,000
-1.28%
Views
770
Current Estimated Value
$502,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,748
Avg. Annual Appreciation
-6.67%
Original Mortgage
$432,000
Outstanding Balance
$427,501
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$74,751

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 25, 2024
Sold by
Stensgaard Taylor M and Lorentz Derek W
Bought by
Gordon Jarred and Gordon Tara
Seller's Agent
Nikki Ritter
RE/MAX Advantage Plus
Buyer's Agent
Hilary Kostichka
Edina Realty, Inc.
List Price
$547,000
Sold Price
$540,000
Premium/Discount to List
-$7,000
-1.28%
Views
770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$427,501
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$74,751

Purchase Details

Closed on
Mar 31, 2016
Sold by
Torres Michele M and Torres Johnny N N
Bought by
Stensgaard Taylor M and Lorentz Derek W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gordon Jarred $540,000 --
Gordon Jarred $540,000 Trademark Title
Stensgaard Taylor M $160,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Jarred $432,000
Closed Gordon Jarred $432,000
Previous Owner Lorentz Taylor M $75,000
Previous Owner Lorentz Taylor M $236,000
Previous Owner Lorentz Taylor M $204,000
Previous Owner Stensgaard Taylor M $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $540,000 -1.3% $244 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $547,000 -- $247 / 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 $5,396 $425,500 $159,000 $266,500
2023 $5,396 $406,400 $148,900 $257,500
2022 $4,578 $391,300 $148,900 $242,400
2021 $4,136 $325,000 $123,700 $201,300
2020 $3,834 $297,600 $130,000 $167,600
2019 $3,794 $269,400 $107,000 $162,400
2018 $3,150 $260,900 $107,000 $153,900
2017 $3,244 $225,100 $82,000 $143,100
2016 $2,524 $221,500 $80,000 $141,500
2015 $2,156 $154,900 $57,100 $97,800
2013 -- $134,000 $51,600 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6542949

NorthstarMLS

APN: 12-027-21-32-0010