$415,000
SOLD MAR 25, 2025

7903 Gresham Ln S Cottage Grove, MN 55016

5 Beds
2 Baths
2,240 Sq Ft
0.36 Acres

Recently Sold

$185 Per Sq Ft

11% Above List Price

1 Day on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of March 2025

Pride of ownership shines in this beautifully maintained, one-family-owned 5-bedroom home, filled with updates and timeless charm. Refinished hardwood floors gleam throughout, complementing the bright and inviting living spaces, including a cozy living room with great natural light and a spacious family room centered around a classic brick gas fireplace. The beautifully updated kitchen and dining area feature stainless steel appliances, quartz countertops, gorgeous cabinetry, a reverse osmosis system, breakfast seating, and stylish updated lighting. The renovated lower level offers brand-new carpet, 2 additional bedrooms offering versatility for a game room/guest room/office/exercise room/playroom/etc, an updated 3⁄4 bath, and a large laundry/utility room with ample storage. Home includes a new roof in 2022, a radon mitigation system, and a new furnace, A/C, and water heater in 2020. Outdoors, enjoy the beautifully landscaped yard with a maintenance-free front deck, a private, fully fenced backyard featuring a patio, firepit & wood shed, beautiful perennial gardens, and a spacious storage shed. The garage offers epoxy floors, workbench and a convenient access door to the backyard. Newer concrete driveway & freshly painted exterior. Located in a quiet neighborhood near Ravine Park, scenic walking trails & all the amenities you'd need, this home offers both tranquility and convenience—don’t miss your chance to make it your own!

Last Agent to Sell the Property

Jason Walgrave

RE/MAX Advantage Plus Listed on: 02/24/2025

RE/MAX Advantage Plus

Last Buyer's Agent

Angella Meyer

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1959

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80x184x84x209
  • Property is Fully Fenced
  • Privacy Fence
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Thompsons Grove Add 08 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0702721430034

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,955

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1568
  • 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, Storage Space
  • Appliances: Dishwasher, Dryer, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room
  • Living Area: 2240
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 672
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Composite, Full, Privacy
  • Other Structures: Storage Shed
  • PatioPorchType: Composite Decking,Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Satelite Dish,Security System,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x184x84x209
  • Lot Size Sq Ft: 15768.72
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0702721430034
  • Tax Annual Amount: 3955
  • TaxWithAssessments: 4010.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 25, 2025
Sold by
Horton Michael W and Horton Mary P
Bought by
Silva Raphael Vinicius Oli and Silva Nicole
Seller's Agent
Jason Walgrave
RE/MAX Advantage Plus
Buyer's Agent
Angella Meyer
RE/MAX Results
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Views
22
Current Estimated Value
$409,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,221
Avg. Annual Appreciation
-2.09%
Original Mortgage
$309,600
Outstanding Balance
$308,021
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$101,758
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 Type Sale Price Title Company
Warranty Deed $415,000 Legacy Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $415,000 +10.7% $185 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $375,000 -- $167 / 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 $4,116 $331,600 $100,000 $231,600
2023 $4,116 $336,400 $115,000 $221,400
2022 $3,530 $315,700 $114,500 $201,200
2021 $3,338 $264,300 $95,100 $169,200
2020 $3,274 $253,800 $90,500 $163,300
2019 $3,228 $242,400 $78,000 $164,400
2018 $3,120 $233,900 $78,000 $155,900
2017 $2,604 $223,200 $75,000 $148,200
2016 $2,582 $192,900 $55,000 $137,900
2015 $2,228 $160,300 $44,200 $116,100
2013 -- $141,000 $34,800 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6672570

NorthstarMLS

APN: 07-027-21-43-0034