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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

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