NOT LISTED FOR SALE

1478 Sherman Lake Rd Hugo, MN 55038

Estimated Value: $674,125 - $722,000

4 Beds
3.5 Baths
3,865 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $616,000 $159 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,313/month

107 Days on Market

Highlights

  • Beach Access
  • Home fronts a pond
  • Screened Porch
  • Centerville Elementary School Rated A-
  • No HOA
  • Stainless Steel Appliances

About This Home

As of November 2023

Made for entertaining and enjoying daily life in the fully finished three level walkout home. Lovely open concept kitchen with birch cabinets, stainless steel appliances and Silestone counter tops. Large screened porch which overlooks the wooded lot which leads to the pond—great for birding…and skating. 4 bedrooms on one level featuring a owners ensuite with a huge closet. Lower level is just waiting for the big game—with wet bar, pool/ping-pong area and big area for viewing movies or sports. Extra deep garage, abundant storage above with pull-down ladder for easy access, and heated with 220V electric. Lino Lakes boasts of their parks and miles of trails system for running, walking and biking. Come make this one owner, former model, custom home tucked in the coveted Pheasant Hills neighborhood yours!

Last Agent to Sell the Property

Yvonne Hanson

RE/MAX Results Listed on: 07/07/2023

RE/MAX Results

Last Buyer's Agent

Molly Roberts

Engel & Volkers Lake Minnetonka

Engel & Volkers Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,701

Year Built

  • Built in 2001

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 82x170x133x160
  • Home fronts a pond
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Family Room
  • Living Room
  • Screened Porch

Kitchen

  • Cooktop
  • 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
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association
  • Pheasant Hills Preserve 11Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273122110027

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,701

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2659
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, 8 ft+ Pour, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Circulating, Full Masonry, Gas, Insert
  • Living Area: 3865
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1206
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Other Room, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Laundry, Screened Porch, Foyer

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Covered,Deck,Enclosed,Front Porch,Patio,Porch,Rear Porch,Screened,Wrap Around

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage
  • Garage Square Feet: 982

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Ethernet Wired,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Multiple Phone Lines,Natural Woodwork,Patio,Paneled Doors,Porch,Security Lights,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 82x170x133x160
  • Lot Size Sq Ft: 17424
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 273122110027
  • Tax Annual Amount: 6701
  • TaxWithAssessments: 6725.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Nov 16, 2023
Sold by
Belcher Benjamin
Bought by
Brekken-Hoerl Karolina and Brekken Joshua
Seller's Agent
Yvonne Hanson
RE/MAX Results
Buyer's Agent
Molly Roberts
Engel & Volkers Lake Minnetonka
List Price
$680,000
Sold Price
$616,000
Premium/Discount to List
-$64,000
-9.41%
Views
156
Current Estimated Value
$695,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,031
Avg. Annual Appreciation
6.63%
Original Mortgage
$523,600
Outstanding Balance
$514,448
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$180,583

Purchase Details

Closed on
Apr 8, 2002
Sold by
Lang Builders Inc
Bought by
Belcher Benjamin M and Belcher Tracy W
Source: Public Records

Range of Values:

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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
Brekken-Hoerl Karolina $616,000 --
Belcher Benjamin M $403,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brekken-Hoerl Karolina $523,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $616,000 0.0% $159 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 Off Market $616,000 -- --
09/24/2023 09/24/23 Price Changed $614,999 -2.4% $159 / Sq Ft
08/11/2023 08/11/23 Price Changed $630,000 -4.5% $163 / Sq Ft
07/27/2023 07/27/23 Price Changed $660,000 -2.9% $171 / Sq Ft
07/08/2023 07/08/23 For Sale $680,000 -- $176 / 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 $7,373 $619,400 $132,000 $487,400
2024 $7,373 $595,800 $125,600 $470,200
2023 $6,726 $595,000 $128,900 $466,100
2022 $6,428 $589,800 $116,200 $473,600
2021 $6,335 $497,200 $89,100 $408,100
2020 $6,326 $476,500 $99,000 $377,500
2019 $6,334 $457,400 $95,600 $361,800
2018 $5,792 $432,500 $0 $0
2017 $5,696 $430,700 $0 $0
2016 $5,926 $403,100 $0 $0
2015 $6,265 $403,100 $113,400 $289,700
2014 -- $396,300 $110,800 $285,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6397882

NorthstarMLS

APN: 27-31-22-11-0027