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Sold - Beautiful Landscaped Lot!

$238,500

Photo of 715 Jonathan Ln, La Crescent, MN, 55947.

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main exterior

Address: 715 Jonathan Ln	City/ST: La Crescent, MN	Zip Code: 55947
Location: 715 Jonathan Ln/La Crescent, MN	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2631	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 1145065	Property Tax: 2796

Beautiful landscaped lot with large deck off kitchen. Walkout quad level offers a spacious open floor plan for entertaining on 3 levels. Vaulted ceilings, skylight, two fireplaces, formal dining, newly completed bar room with custom bar with built-in cabinetry, wet bar, refrigerator. Master bedroom has private bath, walk-in closet, bookcases, vaulted ceilings. Hardwood floors in living and dining rooms, ceramic in kitchen. Kitchen appliances included. Roof replaced 2006, new water softener, freshly painted. 3 bedrooms, 2.5 baths.

Last Updated: 8/18/2010 10:57:44 AM

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main exterior deck backyard
kitchen
kitchen
living room with fireplace
living room
LL family room with firepalce
dining room
dinette backyard
wet bar
wet bar
deck
master bedroom
master bathroom
bedroom
bedroom 3
lower level builtins
bathroom
exterior back

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About Appraisals >Fair Market Value

What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?

The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.

By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.

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Q	In what area of the United States did the price of existing homes increase most dramatically in 2005?
A	Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Judy Gull, REALTOR�, real estate agent and broker for La Crosse, La Crosse County, Onalaska and Holmen, Wisconsin home listings, property and land for sale - NUMBER1EXPERT

Judy Gull
RE/MAX First Choice
757 Sand Lake Rd
Onalaska, WI
608-781-7714
Fax: 608-783-4263
judygull@NUMBER1EXPERT.COM

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