NOT LISTED FOR SALE

1005 1005 Heritage Ln Orono, MN 55391

Estimated Value: $1,399,972 - $1,672,000

3 Beds
2.5 Baths
3,795 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $725,000 $191 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $9,284/month

159 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Heated Floors
  • Schumann Elementary School Rated A-
  • Heated In Ground Pool
  • 1.07 Acre Lot

About This Home

As of March 2015

Impeccable & Beautiful home set on 1.06 acre lot in private cul-de-sac. Orono Schools w/ deeded access 2 Lk Mtka! Stunning Views & Remarkable pool/hottub retreat. Features:quality finishes throughout, surround sound & built ins. Perfect for Empty Nesters!

Last Agent to Sell the Property

Anthony Sarenpa

Keller Williams Premier Realty Listed on: 08/28/2014

Last Buyer's Agent

Barry Cavalancia

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,982

Year Built

  • Built in 1973

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 31x204x214
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Association fees include shared amenities

Listing and Financial Details

  • Assessor Parcel Number 1011723120005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,982

Year Built

Built in 1973

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Hot Tub, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 1.07
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 2530
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1011723120005
  • Projected Closed Date: 03/26/2015
  • Stories: Bi-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 7982
  • Comp Dev Subdiv Name: Foxhill
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Full Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 19x10, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 27x14, On Level: Lower
  • Room 4: Kitchen, 18x14, On Level: Main
  • Room 5: Bedroom, 17x12, On Level: Main
  • Room 6: Bedroom, 13x12, On Level: Lower
  • Room 7: 14x13, On Level: Lower
  • Room 9: Foyer, 13x5, On Level: Main
  • Room 10: Sunroom/Solarium, 19x12, On Level: Main
  • Room 11: Other, 20x14, On Level: Main
  • Room 12: Den/Office, 16x10, On Level: Main
  • Room 13: Den/Office, 13x12, On Level: Lower
  • Room 14: Deck, 34x14, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2530
  • Below Grade Finished Sq Ft: 1265
  • Total Fin Square Footage: 3795

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Stucco, Wood
  • Out Buildings: Gazebo
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Asphalt Shingles
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air, In Floor
  • Sewer: City, Private
  • Water: City, Private

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 1000

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 31x204x214
  • Lot/Land Description: Irregular Lot

Building Info

  • Year Built: 1973

Tax Info

  • Year: 2014
  • Tax Value: 7982

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Mar 26, 2015
Sold by
Larson Lucinda I
Bought by
Kromer Kelly B
Seller's Agent
Anthony Sarenpa
Keller Williams Premier Realty
Buyer's Agent
Barry Cavalancia
Realty Executives Associates
List Price
$799,900
Sold Price
$725,000
Premium/Discount to List
-$74,900
-9.36%
Current Estimated Value
$1,495,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,337
Avg. Annual Appreciation
6.91%
Original Mortgage
$652,500
Outstanding Balance
$509,325
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$944,771

Purchase Details

Closed on
Aug 12, 1997
Sold by
Beal David J and Beal Audrey M
Bought by
Larson Stephen L and Larson Lucinda I
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kromer Kelly B $725,000 Watermark Title Agency Llc
Larson Stephen L $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kromer Kelly B $378,000
Open Kromer Kelly B $652,500
Previous Owner Larson Stephen L $100,000
Previous Owner Larson Stephen L $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $725,000 -9.4% $191 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $799,900 -- $211 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,646 $1,190,600 $575,000 $615,600
2022 $10,672 $1,076,000 $500,000 $576,000
2021 $10,571 $906,000 $415,000 $491,000
2020 $10,025 $900,000 $415,000 $485,000
2019 $9,829 $824,000 $370,000 $454,000
2018 $9,436 $798,000 $360,000 $438,000
2017 $9,112 $725,000 $280,000 $445,000
2016 $9,324 $725,000 $310,000 $415,000
2015 $8,009 $649,000 $290,000 $359,000
2014 -- $629,000 $290,000 $339,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anthony Sarenpa

    Keller Williams Premier Realty

  • B

    Buyer's Agent in 2015

    Barry Cavalancia

    Realty Executives Associates

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4666885

REALTOR® Association of Southern Minnesota

APN: 10-117-23-12-0005

Minnesota Hennepin County Orono 55391

1005 1005 Heritage Ln, Orono, MN

This home is located at 1005 1005 Heritage Ln, Orono, MN 55391 since 28 August 2014 and is currently estimated at $1,508,993, approximately $397 per square foot. This property was built in 1973. 1005 1005 Heritage Ln is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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