NOT LISTED FOR SALE

11232 Freedom Way Hanover, MN 55341

Estimated Value: $457,683 - $505,000

4 Beds
3 Baths
2,960 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $450,000 $152 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,135/month

141 Days on Market

Highlights

  • New Construction
  • 1 Fireplace
  • Walk-In Pantry
  • Hanover Elementary School Rated A-
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of March 2024

Beautiful luxury villa with finished walkout basement on a back corner lot at River Town Villas of Hanover. Bright and open main floor. Finished walkout basement with massive 10ft ceilings! Unparalleled value with quality finishes throughout. Oversized Marvin Windows and patio doors, LP Smartside on entire exterior, custom cabinets and site-finished woodwork. You will notice and appreciate the difference! Covered front porch as well as back porch. Gourmet kitchen with center island and walk-in pantry. Mud room with built-in bench storage and closet. This floor plan truly pulls the best features from area competition. Walking distance to downtown, the River Inn, parks and all the quaint city of Hanover has to offer.

Last Agent to Sell the Property

Joshua Jacobs

Wits Realty Listed on: 10/09/2023

Co-Listed By

Andy Weitnauer

Wits Realty

Last Buyer's Agent

Bob Onken

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $746

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Cul-De-Sac
  • Street terminates at a dead end
  • Few Trees

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • 100 Amp Service

Additional Features

  • Air Exchanger
  • Porch
  • Sod Farm

Community Details

  • Association fees include lawn care, snow removal
  • River Town Villas Association, Phone Number (763) 360-5646
  • Built by BELLIN CONSTRUCTION SERVICES LLC
  • River Town Villas Of Hanover Subdivision

Listing and Financial Details

  • Property Available on 12/1/23
  • Assessor Parcel Number 108050001070

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$746

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Detached
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Hallways 42"+
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1760
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2960
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1200
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Pantry (Walk-In), Porch

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • CompletionDate: 2023-10-13
  • PatioPorchType: Composite Decking,Covered,Deck,Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 460

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Snow Removal
  • Phone: 763-360-5646
  • Association Fee: 125
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: River Town Villas Association

Schools

  • Junior High Dist: Buffalo-Hanover-Montrose
  • SchoolDistrictNumber: 877
  • SchoolDistrictPhone: 763-682-8707

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x80
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Lot Features: Corner Lot, Sod Included in Price, Tree Coverage - Light, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 692266
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Rental Info

  • Available Date: 2023-12-01

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 108050001070
  • Tax Annual Amount: 746
  • TaxWithAssessments: 746.0000

Multi Family

  • Total Units Sold: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Mar 21, 2024
Sold by
River Town Villas Llc
Bought by
Helm Jessica
Seller's Agent
Joshua Jacobs
Wits Realty
Buyer's Agent
Bob Onken
Keller Williams Premier Realty Lake Minnetonka
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Views
51
Current Estimated Value
$476,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,409
Avg. Annual Appreciation
6.01%
Original Mortgage
$350,000
Outstanding Balance
$344,864
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$142,307
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Helm Jessica $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helm Jessica $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $450,000 0.0% $152 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
12/06/2023 12/06/23 Price Changed $450,000 -5.3% $152 / Sq Ft
11/01/2023 11/01/23 Price Changed $475,000 -5.0% $160 / Sq Ft
10/10/2023 10/10/23 For Sale $500,000 -- $169 / Sq Ft
Source: NorthstarMLS

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 $4,544 $443,700 $100,000 $343,700
2024 $746 $403,100 $100,000 $303,100
2023 $746 $311,500 $100,000 $211,500
2022 $164 $65,000 $65,000 $0
2021 $128 $25,200 $25,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6444548

NorthstarMLS

APN: 108-050-001070