NOT LISTED FOR SALE

7955 N Shore Dr Unit 3 Spicer, MN 56288

Estimated Value: $177,740 - $287,000

2 Beds
1 Bath
628 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $92,500 $147 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,545/month

260 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Sandy Beach
  • Eat-In Kitchen
  • New London-Spicer Middle School Rated A-
  • Deck
  • 1-Story Property

About This Home

As of November 2013

This two bedroom one full bath cottage sits right on the bank of the lake with panoramic views from the picture window. The large family room with island kitchen is great for family gatherings. The two bedrooms each accommodate a queen size bed.

Last Agent to Sell the Property

Debbie Caylor

LAKES AREA REALTY, INC. Listed on: 02/21/2013

Last Buyer's Agent

Jean Lindemann

PRO 1 REALTY PROFESSIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • 1940

Lot Details

  • 45 Feet of Waterfront
  • Lake Front
  • Sandy Beach

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 628 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Association fees include controlled access, dock maintenance, landscaping
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 27-735-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

1940

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Seasonal Used
  • Amenities: Eat-In Kitchen
  • Amenities Exterior: Deck
  • Assessment Balance: 25
  • Assessments: Yes
  • Beach Type: Sand
  • Construction: Previously Owned
  • Parcel Number: 27-735-0060
  • Planned Unit Development: Yes
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 1386
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 9x9, On Level: Main
  • Room 2: Bedroom, 9x9, On Level: Main
  • Room 3: Kitchen, -13x-7, On Level: Main
  • Room 4: Living Room, -9x-10, On Level: Main
  • Room 5: Master Bedroom, 9x9, On Level: Main
  • Finished Above Grade Sq Ft: 628
  • Total Fin Square Footage: 628
  • Total Square Footage: 628

Exterior Features

  • Frontage Road: City
  • Waterfront Name: Green
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 45
  • Waterfront Description: Lake

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Controlled Access, Dock Maintenance, Landscaping
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 1500

Fee Information

  • Separate Insurance Fee: Yes

Schools

  • School District: New London-Spicer #345

Lot Info

  • Estimated Lot Dimensions: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2015
Sold by
Nelson Bradley R
Bought by
Foster Leslie A
Current Estimated Value
$229,685

Purchase Details

Closed on
Oct 2, 2014
Sold by
Foster Leslie A and Werder Carol R
Bought by
Henderson Richard A and Henderson Carol A

Purchase Details

Listed on
Feb 21, 2013
Closed on
Nov 22, 2013
Sold by
Foster Leslie Leslie
Bought by
Henderson Richard Richard
Seller's Agent
Debbie Caylor
LAKES AREA REALTY, INC.
Buyer's Agent
Jean Lindemann
PRO 1 REALTY PROFESSIONAL
List Price
$115,000
Sold Price
$92,500
Premium/Discount to List
-$22,500
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$81,500
Interest Rate
4.22%
Source: Public Records

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Range of Values:

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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
Foster Leslie A -- --
Henderson Richard A $92,500 --
Henderson Richard Richard $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Richard Richard $81,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $92,500 -19.6% $147 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $115,000 -- $183 / 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 $1,692 $160,300 $119,900 $40,400
2023 $1,476 $150,900 $111,600 $39,300
2022 $1,274 $132,100 $93,200 $38,900
2021 $1,578 $96,500 $82,000 $14,500
2020 $1,622 $93,000 $79,900 $13,100
2019 $1,622 $98,500 $84,900 $13,600
2018 $1,574 $98,400 $84,900 $13,500
2017 $1,644 $97,900 $84,900 $13,000
2016 $1,638 $960 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4274108

REALTOR® Association of Southern Minnesota

APN: 27-735-0060