NOT LISTED FOR SALE

908 N Oak St Lake City, MN 55041

Estimated Value: $278,000 - $338,000

2 Beds
2 Baths
1,764 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $247,000 $140 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,830/month

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2023

Welcome to 908 N Oak St -- arguably one of the most well-maintained properties that Lake City has to offer. This 2BD 2BA home sits on a nice corner lot featuring mature trees and a partial view of Lake Pepin. The main floor features a spacious living room with a large bay window, a formal dining room, a well-kept kitchen, a full bath, and two bedrooms with oak floors. The basement is partially finished with an additional family room and 3/4 bath. This home features built in storage on the main level and plenty of additional storage in the basement. New AC and furnace in 2023. There's a detached two car garage and a newer concrete driveway. This place is immaculate!

Last Agent to Sell the Property

Erika Blim

Lakeshore Real Estate Krage & Associates, LLC. Listed on: 09/07/2023

Co-Listed By

Vicki Krage

Lakeshore Real Estate Krage & Associates, LLC.

Last Buyer's Agent

Doris Calic

Schurhammer Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1969

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 78x25x74x100x89
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Baileys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 541200300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 1969

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
  • Water Source: City Water/Connected
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1164
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Storage Space
  • Living Area: 1764
  • Fireplace: No
  • Below Grade Finished Sq Ft: 600
  • Basement YN: Yes
  • SqFtTotal: 2328.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake City
  • SchoolDistrictPhone: 651-345-2198

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 78x25x74x100x89
  • Lot Size Sq Ft: 5924.16
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 541200300
  • Tax Annual Amount: 2392
  • TaxWithAssessments: 2392.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 21, 2023
Sold by
Hinck Delaine
Bought by
Murphy Kevin M
Seller's Agent
Erika Blim
Lakeshore Real Estate Krage & Associates, LLC.
Buyer's Agent
Doris Calic
Schurhammer Real Estate, LLC
List Price
$240,000
Sold Price
$247,000
Premium/Discount to List
$7,000
2.92%
Views
4
Current Estimated Value
$305,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,694
Avg. Annual Appreciation
10.42%
Original Mortgage
$234,650
Outstanding Balance
$229,673
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$76,021
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
Murphy Kevin M $247,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Kevin M $234,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $247,000 +2.9% $140 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $240,000 -- $136 / 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 $2,632 $226,900 $32,500 $194,400
2024 -- $217,000 $32,500 $184,500
2023 $2,392 $196,100 $32,500 $163,600
2022 $2,076 $196,100 $32,500 $163,600
2021 $2,028 $155,500 $32,500 $123,000
2020 $1,962 $154,500 $32,500 $122,000
2019 $1,996 $150,200 $32,500 $117,700
2018 $1,678 $150,500 $32,500 $118,000
2017 $1,740 $131,700 $32,500 $99,200
2016 $1,806 $138,800 $32,500 $106,300
2015 $1,784 $139,500 $32,500 $107,000
2014 -- $132,300 $32,500 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6430006

NorthstarMLS

APN: 54.120.0300