Community Corner
Sold: Recent Home Sales in the Mendota Heights Area
A short business week puts a damper on closings in the Mendota Heights area.
A long holiday weekend and a short business week contributed to the small number of closings in Mendota Heights, Lilydale, each with one, and Mendota, which had none. One property that changed hands was a 1,500 sq. ft. condo and the other was a 3,700 sq. ft. two-story home. The condo sold for nearly $10,000 under list price with $2,750 in seller paid closing costs. The large home sold for list price, but the buyer received almost $12,000 in seller-paid closing costs. Buyers are still looking for sellers who will negotiate for better deals.
1) 1101 Sibley Memorial Highway #612, Lilydale
Listed by: Coldwell Banker Burnet
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Four+ level high rise condo
Two bedroom, two baths
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Days on Market: 87
Closed: June 1, 2011
Original List Price: $187,500
List Price at Time of Offer: $184,900
Sold Price: $167,500
Sellers contribution: $2,750
2) 2381 Apache Ct., Mendota Heights
Listed by: Edina Realty
Two story, single family home
Four bedroom, four baths
Days on Market: 13
Closed: May 25, 2011
Original List Price: $399,900
List Price at Time of Offer: $399,900
Sold Price: $399,900
Sellers contribution: $11,997