NOT LISTED FOR SALE

7997 Meades Addition Dr SE Alexandria, MN 56308

Estimated Value: $478,599 - $480,000

3 Beds
3 Baths
2,712 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $399,900 $147 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,787/month

18 Days on Market

Highlights

  • 134 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Deck
  • Sauna
  • Great Room

About This Home

As of September 2023

Sometimes life is about the simple things & this home resonates simple and serene. The location is key, on this little lake abode on Union Lake. It is just south of Alex, just off a tar road & sits lakeside. This chalet style home resonates with mighty views of the water & lots of natural shoreline and privacy. It features a primary bedroom with ensuite & tile shower, a loft with a bedroom/bath combo, a Great Room that opens up to a wall of windows- feel the sunlight warm your body, as you watch the water sparkle like diamonds. Bask in additional lakeside glory in the four- season porch. Enjoy the warmth of the real wood floors, feel the flow, as you move from the open kitchen dining into the living. The basement has tall ceilings, more lakeside views, with an office/flex room, family room & built-in sauna. Whether you are looking for a sanctuary, a lake home you can personalize & make your own, or just a place to call your own, this could be it.

Last Agent to Sell the Property

Joanna Hvezda

Real Estate by Jo, LLC Listed on: 08/03/2023

Co-Listed By

Casey Olson

Real Estate by Jo, LLC

Last Buyer's Agent

Ryan Janssen

Northstar Lakes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 134x190x48x196
  • 134 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 210168000

Community Details

Overview

  • No Home Owners Association
  • Meades Sub Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1994

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: Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1800
  • Water Body Name: Union
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Storage Space, Sump Pump
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Free Standing, Gas
  • Living Area: 2712
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 912
  • Basement YN: Yes
  • Dining Room Type: Sun Room, Great Room, Dining Room, Kitchen, Bedroom 1, Bathroom, Bedroom 2, Family Room, Bedroom 3, Sauna, Storage

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: Bay, Lake
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Deck
  • Lake Bottom: Soft,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 134

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Dock,French Doors,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Sauna,Skylight,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 134x190x48x196
  • Lot Size Sq Ft: 16770.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 210168000
  • Tax Annual Amount: 2800
  • TaxWithAssessments: 2800.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 20, 2023
Sold by
Brown Medelia
Bought by
Rust Donald and Evans Lynn
Seller's Agent
Joanna Hvezda
Real Estate by Jo, LLC
Buyer's Agent
Ryan Janssen
Northstar Lakes Realty
List Price
$435,000
Sold Price
$399,900
Premium/Discount to List
-$35,100
-8.07%
Views
153
Current Estimated Value
$479,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,500
Avg. Annual Appreciation
8.67%
Original Mortgage
$329,820
Outstanding Balance
$322,512
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$156,888
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rust Donald $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rust Donald $329,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $399,900 0.0% $147 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $399,900 -4.8% $147 / Sq Ft
08/10/2023 08/10/23 Price Changed $419,900 -3.5% $155 / Sq Ft
08/03/2023 08/03/23 For Sale $435,000 -- $160 / 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
2025 $3,054 $398,100 $50,900 $347,200
2024 $3,054 $380,300 $50,900 $329,400
2023 $3,062 $352,400 $45,600 $306,800
2022 $2,584 $306,600 $46,100 $260,500
2021 $2,580 $263,500 $43,200 $220,300
2020 $2,574 $255,700 $43,200 $212,500
2019 $2,450 $249,700 $43,200 $206,500
2018 $2,322 $246,000 $45,200 $200,800
2017 $2,174 $238,900 $45,200 $193,700
2016 $2,248 $226,592 $43,844 $182,748
2015 $2,084 $0 $0 $0
2014 -- $208,300 $40,200 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6411897

NorthstarMLS

APN: 21-0168-000