NOT LISTED FOR SALE

1409 Sherman Lake Rd Hugo, MN 55038

Estimated Value: $516,411 - $678,000

4 Beds
2.5 Baths
3,014 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $512,500 $170 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,527/month

6 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Living Room
  • Centerville Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2023

Beautiful rambler situated on a quiet corner lot in desired neighborhood of Pheasant Hills. Spacious open main level, vaulted ceilings, large windows with lots of natural light, granite countertops and large island. Sunroom goes out to a large maintenance free deck completed 2017 with views of backyard and peaceful wildlife. Primary bedroom with private bathroom and walk in closet. Additional bedroom on main level, could be used as den/office. Laundry on main. Lower level has two bedrooms, a bathroom, great storage and family room with fireplace and walk out to a wonderful, poured concrete patio perfect for entertaining. New roof in 2017, siding 2008, new furnace, A/C 2013, new sump pump 2017, new water heater 2013, owned water softener 2014 and washer and dryer installed 2021. Sliding and 3 panel walkout doors new in 2013. Large lot with newer landscape, surrounded by trails, parks, easy freeway access and close to shopping and restaurants. You will not want to miss this opportunity!

Last Agent to Sell the Property

Nicole Maurer

RE/MAX Results Listed on: 03/03/2023

RE/MAX Results

Co-Listed By

Lane Larson

RE/MAX Results

Last Buyer's Agent

Krista Wolter

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,852

Year Built

  • Built in 1996

Lot Details

  • 0.43 Acre Lot
  • Corner Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt
  • Compass Management Group Association, Phone Number (612) 888-4710
  • Pheasant Hills Preserve 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273122130061

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,852

Year Built

Built in 1996

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Fee Frequency: Annually
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1696
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 3014
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1318
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Sun Room, Bedroom 1, Primary Bathroom, Laundry, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bathroom
  • SqFtTotal: 3014.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 624

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt
  • Phone: 612-888-4710
  • Association Fee: 230
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Compass Management Group

Schools

  • Junior High Dist: Centennial
  • SchoolDistrictNumber: 12
  • SchoolDistrictPhone: 763-792-6000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 18730.8
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 273122130061
  • Tax Annual Amount: 4852
  • TaxWithAssessments: 4852.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 3, 2023
Sold by
Laurich Bruce and Laurich Linda
Bought by
Meese Alaina and Melbye Kyle
Seller's Agent
Nicole Maurer
RE/MAX Results
Buyer's Agent
Krista Wolter
Coldwell Banker Realty
List Price
$485,000
Sold Price
$512,500
Premium/Discount to List
$27,500
5.67%
Views
12
Current Estimated Value
$573,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,853
Avg. Annual Appreciation
4.71%
Original Mortgage
$486,875
Outstanding Balance
$473,411
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$99,942

Purchase Details

Closed on
Sep 30, 1996
Sold by
Homes By James Inc
Bought by
Laurich Bruce A and Laurich Linda K
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
Meese Alaina $512,500 --
Laurich Bruce A $228,859 --
Homes By James $48,000 --
Contractor Property Developers Company $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meese Alaina $486,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $512,500 +5.7% $170 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $485,000 -- $161 / 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 $5,469 $469,100 $124,800 $344,300
2024 $5,469 $456,100 $118,800 $337,300
2023 $5,036 $458,700 $121,900 $336,800
2022 $4,852 $454,600 $109,800 $344,800
2021 $4,891 $377,500 $84,200 $293,300
2020 $4,805 $370,600 $93,600 $277,000
2019 $4,709 $351,600 $89,700 $261,900
2018 $4,162 $327,400 $0 $0
2017 $4,261 $316,700 $0 $0
2016 $4,418 $307,700 $0 $0
2015 -- $307,700 $113,400 $194,300
2014 -- $286,000 $110,800 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6335828

NorthstarMLS

APN: 27-31-22-13-0061