NOT LISTED FOR SALE

Woodlake Point Condominiums 6500 Woodlake Dr Unit 105 Richfield, MN 55423

Estimated Value: $129,000 - $134,382

1 Bed
1 Bath
843 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $85,000 $101 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,128/month

177 Days on Market

Highlights

  • Building Security
  • Elevator
  • Subterranean Parking
  • Community Garden
  • Balcony
  • Porch

About This Home

As of January 2020

Welcome to one level living!Great senior 55+ building.Well kept end unit with
new kitchen floor!Conveniently located near library ,laundry and the amusement
room.Walk out to a large entertaining patio. Free laundry on each
level.Another affordability feature is the low association fee which includes
heat, water,cable.
Building includes community room, fitness room, card room, outdoor deck, 2
guest rooms and a laundry on each level! Condo association plans many
activities for the residents! Close to Woodlake Nature Center and many shops
and restaurants!

Last Listed By

Biss Martchev

Bridge Realty, LLC Listed on: 08/06/2019

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1986

Lot Details

  • Irregular Lot

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Property Attached
  • Flat Roof Shape
  • Tar and Gravel Roof
  • Rubber Roof
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Subterranean Parking
  • Heated Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 2802824140085

Community Details

Overview

  • Association fees include building exterior, cable TV, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security staff, security system, shared amenities, snow/lawn care, water/sewer
  • First Service Residential Association
  • Woodlake Point Subdivision
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$697

Year Built

Built in 1986

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Wall
  • Outside Features: Brick/Stone
  • Accessibility Features: Elevator, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Coin-op Laundry Owned, Common Garden, Concrete Floors & Walls, Elevator(s), Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 843.00
  • Above Grade Finished Area Search: 843.00
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 4002
  • Listing Organization: Iowa
  • Living Area Finished: 843.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 2802824140085
  • Rental License: No
  • Restrictions Type: Pets Not Allowed, Rental Restrictions May Apply, Seniors - 55+
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Play Area
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Exhaust Fan/Hood, Range, Refrigerator
  • Family Room Features: Main Level
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Metal, Rubber, Tar/Gravel
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Underground Garage

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Hazard Insurance, Heating, Outside Maintenance, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 279.00

Association/Amenities

  • Property Amenities: Balcony, Indoor Sprinklers, Kitchen Window, Main Floor Master Bedroom, Patio, Porch

Fee Information

  • Insurance Fee Frequency: Yearly

Schools

  • School District: 280 - Richfield
  • School District Phone: 612-798-6010

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: common
  • Homestead: Yes
  • Lot Features: Irregular Lot
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lot 000 Block 000 CONDO NO 0533 WOODLAKE POINT A CONDO UNIT NO L105
  • Tax Amount: 697.00
  • Tax Year: 2019
  • Tax With Assessments: 697.00
  • Assessor Parcel Number: 2802824140085

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 280 - Richfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Jan 31, 2020
Sold by
Beltran Karina A and Gomez Maria T
Bought by
Luong Lien
Seller's Agent
Biss Martchev
Bridge Realty, LLC
Buyer's Agent
Phou Sivilay
Bridge Realty, LLC
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Total Days on Market
177
Current Estimated Value
$132,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,846
Avg. Annual Appreciation
8.84%
Original Mortgage
$80,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
The Constance R Vining Revocable Trust
Bought by
Gomez Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Laberge Donald V
Bought by
Hansen Keith G

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
Luong Lien $85,000 Lake Title Llc
Gomez Maria Teresa $45,000 --
Hansen Keith G $65,900 --
Luong Lien Lien $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luong Lien $80,750
Previous Owner Gomez Maria Teresa $36,000
Closed Luong Lien Lien $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $85,000 -14.1% $101 / Sq Ft
12/05/2019 12/05/19 Price Changed $99,000 -5.7% $117 / Sq Ft
10/28/2019 10/28/19 Price Changed $105,000 -8.6% $125 / Sq Ft
09/23/2019 09/23/19 Price Changed $114,900 -4.3% $136 / Sq Ft
08/06/2019 08/06/19 For Sale $120,000 -- $142 / 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
2023 $1,357 $98,000 $21,000 $77,000
2022 $1,123 $100,000 $21,000 $79,000
2021 $903 $104,000 $21,000 $83,000
2020 $753 $89,000 $21,000 $68,000
2019 $697 $77,000 $13,000 $64,000
2018 $659 $70,000 $13,000 $57,000
2017 $461 $48,000 $13,000 $35,000
2016 $475 $46,000 $13,000 $33,000
2015 $418 $41,000 $16,000 $25,000
2014 -- $33,000 $16,000 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5275050

NorthstarMLS

APN: 28-028-24-14-0085