NOT LISTED FOR SALE

8801 Grospoint Ave S Cottage Grove, MN 55016

Estimated Value: $301,000 - $328,652

4 Beds
2 Baths
1,650 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $172,000 $104 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,918/month

70 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of November 2014

Check out this great starter home in a great neighborhood. This home has been updated, come check out, quick close.

Last Agent to Sell the Property

Monica Brooks

RE/MAX Results Listed on: 08/01/2014

Last Buyer's Agent

Karen Schmidt

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 135x75
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1802721440055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 278
  • Construction: Previously Owned
  • Foundation Size: 960
  • Parcel Number: 1802721440055
  • Projected Closed Date: 11/14/2014
  • Stories: 1 Story
  • Taxes With Assessments: 1670
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x12, On Level: Main
  • Room 3: Family Room, 18x10, On Level: Lower
  • Room 4: Kitchen, 12x8, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Room 7: 10x9, On Level: Main
  • Room 8: Bedroom, 10x9, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 690
  • Total Fin Square Footage: 1650

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: South Washington Co.  #833

Lot Info

  • Estimated Lot Dimensions: 135x75
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2014
  • Tax Value: 1392

MLS Schools

  • School District: South Washington Co.  #833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Nov 12, 2014
Sold by
Lane Gary W and Lane Julieann M
Bought by
Anderson Michelle D
Seller's Agent
Monica Brooks
RE/MAX Results
Buyer's Agent
Karen Schmidt
Edina Realty, Inc.
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%
Current Estimated Value
$309,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,663
Avg. Annual Appreciation
5.53%
Original Mortgage
$163,400
Outstanding Balance
$124,753
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$184,910

Purchase Details

Closed on
May 5, 2014
Sold by
Patraw Mark R and Patraw Jeanette C
Bought by
Lane Julieann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1997
Sold by
Scott Shannon M and Scott James C
Bought by
Patrow Mark R and Patrow Jeanette C
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
Anderson Michelle D $172,000 Title One Inc
Lane Julieann M $120,000 Titlenexus Llc
Patrow Mark R $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Michelle D $163,400
Previous Owner Lane Julieann M $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $172,000 -7.0% $104 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $185,000 -- $112 / 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 $3,324 $273,400 $100,000 $173,400
2023 $3,324 $290,500 $125,000 $165,500
2022 $2,928 $268,700 $114,500 $154,200
2021 $2,768 $223,100 $95,100 $128,000
2020 $2,720 $214,300 $90,500 $123,800
2019 $2,658 $205,200 $82,000 $123,200
2018 $2,502 $196,700 $79,000 $117,700
2017 $2,178 $183,500 $72,500 $111,000
2016 $2,250 $165,300 $55,000 $110,300
2015 $1,648 $116,300 $41,300 $75,000
2013 -- $92,500 $31,400 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4655838

REALTOR® Association of Southern Minnesota

APN: 18-027-21-44-0055