NOT LISTED FOR SALE

1037 Prospect Pointe Rd Jordan, MN 55352

Estimated Value: $452,864 - $503,000

4 Beds
3.5 Baths
3,294 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $260,000 $79 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,138/month

46 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Jordan Middle School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2014

4 bedroom, 3.5 bath home located in Jordan. This home has a fireplace, 3 car attached garage, and deck! Located near schools, a library, golf course and good access to freeways!

Last Agent to Sell the Property

Richard Stanton

Minnesota REO Properties, Inc Listed on: 01/03/2014

Last Buyer's Agent

Hazelann Lucht

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,628

Year Built

  • 2005

Lot Details

  • 0.26 Acre Lot
  • Landscaped with Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include shared amenities

Listing and Financial Details

  • Assessor Parcel Number 220760100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,628

Year Built

2005

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.26
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1733
  • Parcel Number: 220760100
  • Projected Closed Date: 03/15/2014
  • Stories: 4+ Level Split
  • Street Designation: Road
  • Taxes With Assessments: 3984
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x20, On Level: Main
  • Room 2: Dining Room, 12x16, On Level: Main
  • Room 3: Family Room, 22x23, On Level: Lower
  • Room 4: Kitchen, 11x16, On Level: Main
  • Room 5: Bedroom, 15x16, On Level: Upper
  • Room 6: Bedroom, 11x13, On Level: Upper
  • Room 7: 11x12, On Level: Upper
  • Room 8: Bedroom, 11x15, On Level: Lower
  • Room 9: Family Room, 19x25, On Level: Lower
  • Room 10: Foyer, 6x13, On Level: Main
  • Room 11: Other, 9x11, On Level: Upper
  • Room 12: Laundry Room, 8x12, On Level: Lower
  • Room 13: Den/Office, 12x14, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2574
  • Below Grade Finished Sq Ft: 720
  • Total Fin Square Footage: 3294

Exterior Features

  • Frontage Road: City
  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 425

Schools

  • School District: Jordan #717

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
May 13, 2014
Sold by
Anderson Richard
Bought by
Anderson Joshua J and Anderson Alicia M
Seller's Agent
Richard Stanton
Minnesota REO Properties, Inc
Buyer's Agent
Hazelann Lucht
Edina Realty, Inc.
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$474,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,716
Avg. Annual Appreciation
5.57%
Original Mortgage
$169,000
Outstanding Balance
$131,079
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$348,524

Purchase Details

Listed on
Jan 3, 2014
Closed on
May 12, 2014
Sold by
Anderson Richard A and Anderson Joshua
Bought by
Anderson Richard A and Anderson Joshua
Seller's Agent
Richard Stanton
Minnesota REO Properties, Inc
Buyer's Agent
Hazelann Lucht
Edina Realty, Inc.
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Outstanding Balance
$131,079
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$348,524

Purchase Details

Listed on
Jan 3, 2014
Closed on
Mar 13, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Anderson Richard A and Anderson Joshua
Seller's Agent
Richard Stanton
Minnesota REO Properties, Inc
Buyer's Agent
Hazelann Lucht
Edina Realty, Inc.
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 25, 2013
Sold by
Olson Randall C and Olson Cindy L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 20, 2007
Sold by
Vennehjem Bldg Corp
Bought by
Olson Randall and Olson Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2006
Sold by
Bridle Creek Of Jordan
Bought by
Vennehjem Bldg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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
Anderson Joshua J $169,000 None Available
Anderson Richard A -- None Available
Anderson Richard A -- First Fincl Title Agency Inc
Federal Home Loan Mortgage Corporation -- First Financial Title Agency
Jpmorgan Chase Bank National Association $351,826 None Available
Olson Randall $377,500 --
Vennehjem Bldg Corp $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Joshua J $169,000
Closed Anderson Richard A $169,000
Previous Owner Olson Randall C $285,200
Previous Owner Olson Randall C $28,800
Previous Owner Olson Randall $358,625
Previous Owner Vennenjem Building Corporation $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $260,000 -7.1% $79 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $279,900 -- $85 / 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
2025 $5,628 $429,900 $86,800 $343,100
2024 $5,438 $446,900 $89,500 $357,400
2023 $5,632 $416,700 $82,100 $334,600
2022 $5,078 $429,100 $86,400 $342,700
2021 $4,900 $348,200 $69,000 $279,200
2020 $7,394 $335,300 $66,600 $268,700
2019 $4,792 $330,700 $64,800 $265,900
2018 $4,938 $0 $0 $0
2016 $4,688 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4567723

REALTOR® Association of Southern Minnesota

APN: 22-076-010-0