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Community Corner

Sold: Post-Labor Day Sales Grow in Mendota Heights

September contracts lead to October closings for six houses.

The Mendota Heights area saw six homes change hands during the last week, the high number reflecting end-of-summer purchase agreements. Buyers are taking advantage of the historically low interest rates and the buyers’ market. Although during most years, home sales slow after Labor Day, this year that may not happen. Buyers continue to shop for homes, even as the seasons change. How long will this last? No one knows, but fall (and even winter) are still a good time for buyers to find their dream home.

 

1) 1830 Eagle Ridge Dr. #2002, Mendota Heights

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Listed by: Coldwell Banker Burnet

Low rise condo
Two bedrooms, two baths

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Days on Market: 170

Closed: September 29, 2011

Original List Price: $139,900

List Price at Time of Offer: $124,900

Sold Price: $118,000

 

2) 890 Wagon Wheel Trail, Mendota Heights

Listed by: Tittle Real Estate

Single family home
Four bedrooms, two baths

Days on Market: 64

Lender owned

Closed: September 29, 2011

Original List Price: $212,500

List Price at Time of Offer: $154,900

Sold Price: $150,000

 

3) 1804 Valley Curve Rd., Mendota Heights

Listed by: Edina Realty

Single family home
Three bedrooms, two baths

Days on Market: 95

Short sale

Closed: September 30, 2011

Original List Price: $275,000

List Price at Time of Offer: $245,000

Sold Price: $245,000

 

4) 1945 Oak St., Mendota Heights

Listed by: Tittle Real Estate

Single family home
Three bedrooms, three baths

Days on Market: 6

Lender owned

Closed: October 4, 2011

Original List Price: $265,000

List Price at Time of Offer: $265,000

Sold Price: $291,312

 

5) 2257 Copperfield Dr., Mendota Heights

Listed by: P L Dorn Company

Four bedrooms, four baths

Days on Market: 141

Closed: September 30, 2011

Original List Price: $449,900

List Price at Time of Offer: $399,900

Sold Price: $405,000

Seller contribution: $11,009

 

6) 2245 Field Stone Dr., Mendota Heights

Listed by: RealEstateOpens

Single family home
Three bedrooms, three baths

Days on Market: 84

Closed: September 29, 2011

Original List Price: $435,000

List Price at Time of Offer: $465,000

Sold Price: $390,000

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