2 months on rocket

1516 Wildwood Dr, Lake City, MN, 55041

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,357 SqFt
$244/SqFt
House
Schools Nearby

Location

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1516 Wildwood Dr, Lake City$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener, Insulated Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6493238
StatusActive

About 1516 Wildwood Dr

New Construction two story on a walkout lot with expansive bluff views. This beautiful home has it ALL. Main floor laundry room, Mud room, Powder room and main floor den/bedroom. Insulated 2 stall Garage. Quartz countertops and stainless steel appliances are some of the notable items in this two story. 3 bedrooms including the owners suite and a shared bathroom on the second level. Unfinished Basement has the flexibility for one bedroom, a full bathroom, a large family room or additional bedroom with a Walkout patio door. Large poured patio and covered deck are ready for all your summer entertaining.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 2,357 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener, Insulated Garage

Lot Features

Lot Information:

  • Lot: Cleared, Few Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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: Hwy 63 to Green Parkway to Woodland Way to Wildwood Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $244/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $152
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$300K

Med. Price/SqFt

$146

Avg. Days On Market

52

# of Sold Homes

5

1516 Wildwood Dr vs Lake City

65 DAYS ON ROCKET

+13 Days

$575,000

+$275K More

$244/SqFt

+$98 More

KEY TAKEAWAY

This property is $275K more than the Median Sold Price and $98/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: #6493238

Listing Office:

  • Office Name: Bridge Realty, LLC

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Property Sales & Tax

Listing History

Oct 18, 2006Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$152$12,500
2020$152$8,000
2019$158$8,000
2017$160$8,000

History based on county public records data.

Payment Calculator

$2,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-2823652
4
/10
  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 0.58 miles

  • Public District Grades PK-6

High School

school-card-donut-2823653
6
/10
  • Lincoln Secondary School

  • 300 S Garden St

  • 1.12 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,683. The most common annual income of people living in Lake City, MN is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Wildwood Dr

What is the listing price of this property?

The listing price of 1516 Wildwood Dr property is $575,000.

What type of property is this?

The property 1516 Wildwood Dr is a house located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 1516 Wildwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 Wildwood Dr are:
Bluff View Elementary School: GreatSchools Rating 4/10
Lincoln Secondary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $152 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 18, 2006 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1516 Wildwood Dr has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 Wildwood Dr is 2,357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Wildwood Dr is 2024.

Rocket HomesMinnesotaWabasha CountyLake City550411516 Wildwood Dr

This home is located at 1516 Wildwood Dr in Lake City, MN and zip code 55041. This 2,357 square foot home was built in 2024. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $575,000.

In March 2024 more than 3 listings in Lake City, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The median list price of listings available in March 2024 was $300,000, while the average time on the real estate market was 52 days.

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

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