$525,000
SOLD MAY 31, 2024

8996 154th St W Prior Lake, MN 55372

4 Beds
3 Baths
2,550 Sq Ft
1.71 Acres

Recently Sold

$206 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach Access
  • 74,488 Sq Ft lot
  • Hidden Oaks Middle School Rated A-
  • Lake View
  • Deck

About This Home

As of November 2024

Welcome to nearly 2 acres on Cates Lake in the heart of Prior Lake. Very close to schools and the North end of the city in a quiet wooded lakefront neighborhood. The Lake Views are commanding while providing an Up North feel & Solitude. This home has 3 potential future paths; vintage living in its current condition, an updated version of the existing structure or one or two new builds could be approved and speculated. The possibilities are endless, as the lot is very large and filled with opportunities knocking. Schedule a showing for tomorrow, today!

Last Agent to Sell the Property

Jim Gilbertson

Edina Realty, Inc. Listed on: 04/26/2024

Edina Realty, Inc.

Last Buyer's Agent

Eric Robinson

Rize Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1969

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 164x315x250x367
  • 200 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Utility Room
  • Lake Views
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Subdivisionname Cates Country Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 260290190

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,776

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1400
  • Water Body Name: Cate's or Hidden
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • FoundationDimensions: 28x50
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Living Area: 2550
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1150
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Deck, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Garage, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • View: East, Lake, North, Panoramic
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Acres: 27
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 200

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Tuckunder Garage
  • Garage Square Feet: 624

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Patio,Panoramic View,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 164x315x250x367
  • Lot Size Sq Ft: 74487.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 260290190
  • Tax Annual Amount: 4776
  • TaxWithAssessments: 4776.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 7, 2024
Sold by
River T Llc
Bought by
Benson Courtney and Husman Travis
Seller's Agent
Mitch Jilek
Rize Realty
Buyer's Agent
David Skeels
Keller Williams Premier Realty
List Price
$824,900
Sold Price
$800,000
Premium/Discount to List
-$24,900
-3.02%
Views
87
Current Estimated Value
$768,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,370
Avg. Annual Appreciation
-4.77%
Original Mortgage
$683,435
Outstanding Balance
$679,364
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$92,576

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 29, 2024
Sold by
Vogel James E
Bought by
River T Llc
Seller's Agent
Jim Gilbertson
Edina Realty, Inc.
Buyer's Agent
Eric Robinson
Rize Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.47%
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 Type Sale Price Title Company
Warranty Deed $800,000 Watermark Title
Deed $800,000 --
Personal Reps Deed $525,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $683,435 New Conventional
Closed $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $800,000 -3.0% $302 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $824,900 +57.1% $311 / Sq Ft
05/31/2024 05/31/24 Sold $525,000 -4.5% $206 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $550,000 -- $216 / 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 $5,040 $645,400 $294,300 $351,100
2024 $4,896 $472,300 $257,600 $214,700
2023 $4,776 $454,500 $248,000 $206,500
2022 $4,632 $454,500 $248,000 $206,500
2021 $4,294 $375,400 $197,600 $177,800
2020 $4,446 $337,500 $173,100 $164,400
2019 $4,126 $338,500 $175,000 $163,500
2018 $3,922 $0 $0 $0
2016 $3,716 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6520533

NorthstarMLS

APN: 26-029-019-0