NOT LISTED FOR SALE

1311 Preston Ln Hopkins, MN 55343

Estimated Value: $592,000 - $628,532

4 Beds
3 Baths
2,420 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $570,000 $236 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,967/month

11 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Patio
  • Hopkins Senior High School Rated A-
  • The kitchen features windows
  • 1-Story Property

About This Home

As of May 2024

Nestled in the coveted Interlachen Park neighborhood, this charming rambler is truly a gem. Inviting hardwood floors guide you through the open floor plan, connecting the spacious kitchen with modern stone countertops and a gas cooktop to the cozy living room, ideal for cooking enthusiasts and fostering togetherness. An outstanding feature is its south-facing orientation, flooding the interiors with natural light. The large owner's bedroom, main level bedroom/office, and updated mechanicals ensure daily comfort. Ask your agent for our updates list! Step outside to the flat, private backyard, perfect for various activities, complemented by amenities like parks and a skating rink, ideal for families. Easy access to shopping centers such as Knollwood, Southdale, and Ridgedale, theaters, hospitals, fitness clubs, schools, and recreational spots like Lake Harriet and Eisenhower Community Center. Loads of recent improvements make this home move-in ready.

Last Agent to Sell the Property

Daniel Hammerseng-Nelson

Edina Realty, Inc. Listed on: 04/07/2024

Edina Realty, Inc.

Last Buyer's Agent

Brette Hermann

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,661

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 85x252
  • Wood Fence

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Prestons Interlachen Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1911721410015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,661

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1470
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Storage Space
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2420
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 950
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Utility Room

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Tile Floors

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 85x252
  • Lot Size Sq Ft: 13503.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1911721410015
  • Tax Annual Amount: 7661
  • TaxWithAssessments: 7894.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 2, 2024
Sold by
Nahan Matthew and Nahan Genna
Bought by
Nees David and Elftmann Ashlyn
Seller's Agent
Daniel Hammerseng-Nelson
Edina Realty, Inc.
Buyer's Agent
Brette Hermann
Edina Realty, Inc.
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Views
61
Current Estimated Value
$610,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,633
Avg. Annual Appreciation
5.08%
Original Mortgage
$456,000
Outstanding Balance
$449,594
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$161,039

Purchase Details

Listed on
Apr 7, 2024
Closed on
Apr 30, 2024
Sold by
Vacanti Genna and Nahan Matthew
Bought by
Nees David and Elftmann Ashlyn
Seller's Agent
Daniel Hammerseng-Nelson
Edina Realty, Inc.
Buyer's Agent
Brette Hermann
Edina Realty, Inc.
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$449,594
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$161,039

Purchase Details

Closed on
Jun 3, 2021
Sold by
Berg Frederick E and Folkestad David
Bought by
Nahan Matthew and Vacanti Genna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1998
Sold by
Douglas Donald and Executive Relocation Corp
Bought by
Berg Frederick E
Source: Public Records

Range of Values:

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Average Value
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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
Nees David $570,000 --
Nees David $570,000 Edina Realty Title
Nahan Matthew $510,000 Titlesmart Inc
Berg Frederick E $127,900 --
Vacanti Genna Genna $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nees David $456,000
Closed Nees David $456,000
Previous Owner Nahan Matthew $459,000
Closed Vacanti Genna Genna $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $570,000 +1.8% $236 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $560,000 -- $231 / 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
2024 $8,906 $569,700 $232,200 $337,500
2023 $8,464 $556,000 $211,500 $344,500
2022 $7,098 $521,000 $201,000 $320,000
2021 $6,852 $441,000 $168,000 $273,000
2020 $7,421 $421,000 $153,000 $268,000
2019 $6,930 $450,000 $185,000 $265,000
2018 $6,149 $419,000 $163,000 $256,000
2017 $5,437 $339,000 $133,000 $206,000
2016 $5,330 $322,000 $135,000 $187,000
2015 $5,581 $337,000 $150,000 $187,000
2014 -- $264,000 $96,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6513425

NorthstarMLS

APN: 19-117-21-41-0015