NOT LISTED FOR SALE

8053 Homestead Ave S Cottage Grove, MN 55016

Estimated Value: $320,000 - $349,000

5 Beds
2 Baths
2,179 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $305,000 $140 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,197/month

26 Days on Market

Highlights

  • Family Room with Fireplace
  • The kitchen features windows
  • 1 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • 4-minute walk to Hemingway Park

About This Home

As of October 2022

5 spacious bedrooms, 2 bath feat; hardwood floors throughout main level, new carpet in lower level, remodeled kitchen, white Kenmore appliances, newer vinyl windows, 2 wood-burning fireplaces, new light fixtures, Oak cabinets, a fully fenced yard with mature trees, private, epoxy patio, concrete driveway, & fresh exterior paint. Walking distance to Hillside Elementary. 1-year warranty included with an acceptable offer!

Last Agent to Sell the Property

Jodi Klepac

Edina Realty, Inc. Listed on: 09/09/2022

Edina Realty, Inc.

Co-Listed By

Sara Yocum

Edina Realty, Inc.

Last Buyer's Agent

Collin Anderson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1964

Lot Details

  • 10,324 Sq Ft Lot
  • Lot Dimensions are 86x140x64x35
  • Cul-De-Sac
  • Wood Fence
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Thompson Grove Estates 6Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702721110040

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,277

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 1091
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2179
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1088
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Garage, Patio
  • SqFtTotal: 2179.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 341

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 86x140x64x35
  • Lot Size Sq Ft: 10323.72
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1702721110040
  • Tax Annual Amount: 3277
  • TaxWithAssessments: 3332.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 1, 2022
Sold by
Holbeck Gordon and Holmes Joan
Bought by
Nelson Connor
Seller's Agent
Jodi Klepac
Edina Realty, Inc.
Buyer's Agent
Collin Anderson
RE/MAX Results
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Current Estimated Value
$337,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,482
Avg. Annual Appreciation
4.07%
Original Mortgage
$265,000
Outstanding Balance
$255,594
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$86,143

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 27, 2022
Sold by
Holmes Joan K
Bought by
Nelson Connor D
Seller's Agent
Jodi Klepac
Edina Realty, Inc.
Buyer's Agent
Collin Anderson
RE/MAX Results
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$255,594
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$86,143
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
Nelson Connor $305,000 --
Nelson Connor D $305,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Connor $265,000
Closed Nelson Connor D $265,000
Previous Owner Holbeck Gordon H $35,000
Previous Owner Holbeck Gordon H $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $305,000 -6.2% $140 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $325,000 -7.1% $149 / Sq Ft
09/09/2022 09/09/22 For Sale $350,000 -- $161 / 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 $4,290 $309,000 $100,000 $209,000
2023 $4,290 $324,900 $120,000 $204,900
2022 $3,332 $301,900 $110,400 $191,500
2021 $3,196 $250,700 $91,700 $159,000
2020 $3,186 $244,000 $93,000 $151,000
2019 $3,002 $236,500 $85,000 $151,500
2018 $2,828 $219,100 $78,000 $141,100
2017 $2,464 $204,400 $74,000 $130,400
2016 $2,590 $183,800 $54,000 $129,800
2015 $2,280 $164,300 $49,800 $114,500
2013 -- $139,300 $43,400 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6258172

NorthstarMLS

APN: 17-027-21-11-0040