4 months on rocket

1702 Lakeshore Dr Unit 8, Lake City, MN, 55041

$155,000

Home List Price

$1,841*

Closing Credit

1 Bedroom
1 Bath
514 SqFt
$302/SqFt
Condo

Location

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1702 Lakeshore Dr Unit 8, Lake City$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built2003
HeatingForced Air, Other
CoolingWall Unit(s)
WaterfrontWater Access, Deeded Access
MLS #6563630
StatusActive

About 1702 Lakeshore Dr Unit 8

Look at this cute, cozy Lake retreat at a very affordable price! Enjoy the HOA Association owned Beach on beautiful Lake Pepin. Have a boat? Ownership in the HOA comes with the rights to use the dock! Fine dining and beautiful Lake Pepin are just a few steps away!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 514 SqFt

Listing Office:

  • Office Name: Nielson Const & RE Services

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Deeded Access

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Other
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: At the intersection of N Lakeshore Dr (aka Hwy 61 & 63) and Central Point Road, above Kelly's Lake House restaurant

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000
  • Price Per SqFt: $302/SqFt

HOA Fees:

  • Amount: $158
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

Med. Sold Price

$307K

Med. Price/SqFt

$173

Avg. Days On Market

49

# of Sold Homes

12

1702 Lakeshore Dr Unit 8 vs Lake City

123 DAYS ON ROCKET

+74 Days

$155,000

-$152K Less

$302/SqFt

+$128 More

KEY TAKEAWAY

This property is $152K less than the Median Sold Price and $128/SqFt more than other homes in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6563630

Listing Office:

  • Office Name: Nielson Const & RE Services

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Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2032631
6
/10
  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 1.82 miles

  • Public District Grades PK-6

High School

school-card-donut-2032632
6
/10
  • Lincoln Secondary School

  • 300 S Garden St

  • 1.52 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,430. Residents of Lake City, MN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1702 Lakeshore Dr Unit 8

What is the listing price of this property?

The listing price of 1702 Lakeshore Dr Unit 8 property is $155,000.

What type of property is this?

The property 1702 Lakeshore Dr Unit 8 is a condo located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 1702 Lakeshore Dr Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1702 Lakeshore Dr Unit 8 are:
Bluff View Elementary School: GreatSchools Rating 6/10
Lincoln Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1702 Lakeshore Dr Unit 8 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1702 Lakeshore Dr Unit 8 is 514 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1702 Lakeshore Dr Unit 8 is 2003.

Rocket HomesMinnesotaWabasha CountyLake City550411702 Lakeshore Dr Unit 8

This home is located at 1702 Lakeshore Dr Unit 8 in Lake City, MN and zip code 55041. This 514 square foot home was built in 2003. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 04, 2024 and is currently priced at $155,000.

In October 2024 more than 1 listings in Lake City, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. Between September 2024 and October 2024, Lake City, MN real estate market has seen increase in the number of listings by 14.6%. Listings spent 49 days on the market in October 2024, and had a median list price of $307,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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