NOT LISTED FOR SALE

1497 Trophy Lake Rd SW Pine Island, MN 55963

Estimated Value: $719,000 - $909,000

5 Beds
2 Baths
3,082 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $399,900 $130 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,972/month

89 Days on Market

Highlights

  • Community Boat Slip
  • Beach Access
  • Open Floorplan
  • Docks
  • 3 Acre Lot
  • Vaulted Ceiling

About This Home

As of October 2013

INSTANT EQUITYPRICED WELL BELOW MARKET VALUE! On the water, Absolutely breathtaking, 5 bedroom, custom built 2-story in the gated community of Trophy Lakes! The views are spectacular, design unsurpassed! With soaring ceilings, gorgeous woodwork, functional floor plan, an abundance of windows to take in the scenery, this home is amazing! Not a detail was overlooked! Simply awaiting your arrival!

Last Agent to Sell the Property

Melissa Halleland

Edina Realty Rochester Listed on: 06/19/2013

Last Buyer's Agent

Rod Steele

Edina Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 2006

Lot Details

  • 3 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Few Trees

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction
  • Cement Board or Planked

Interior Spaces

  • 3,082 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 850624068461

Community Details

Overview

  • Association fees include shared amenities
  • Property is near a preserve or public land

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,578

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Driveway - Concrete, Patio
  • Estimated Number of Acres: 3
  • Construction: Previously Owned
  • Parcel Number: 850624068461
  • Property Adjoins Public Land: Yes
  • Range: 15.00
  • Section: 6.00
  • Stories: 2 Story
  • Taxes With Assessments: 6578
  • Twp Number: 108.00
  • Comp Dev Subdiv Name: Trophy Lakes Estates
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 8: On Level: Main
  • Room 9: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3082
  • Total Fin Square Footage: 3082
  • Total Square Footage: 4975

Exterior Features

  • Frontage Road: Paved, Private
  • Lake Class: River
  • Construction Type: Concrete Block
  • Exterior: Cement Board
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central, Geothermal
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Shared: Boat Slip
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 100

Schools

  • School District: Pine Island #255

Lot Info

  • Estimated Lot Dimensions: Irreg
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Light

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2013
  • Tax Value: 6578

MLS Schools

  • School District: Pine Island #255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Oct 17, 2013
Sold by
Sadosty Jae and Sadosty Annie
Bought by
Hinton Kevin M and Hinton Suzanne M
Seller's Agent
Melissa Halleland
Edina Realty Rochester
Buyer's Agent
Rod Steele
Edina Realty Rochester
List Price
$424,900
Sold Price
$399,900
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$802,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,647
Avg. Annual Appreciation
5.93%
Original Mortgage
$319,920
Outstanding Balance
$89,001
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$707,071

Purchase Details

Closed on
Sep 28, 2006
Sold by
Trophy Lake Ii Properties Llc
Bought by
Sadosty Jade and Sadosty Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,920
Interest Rate
6.49%
Mortgage Type
New Conventional
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
Hinton Kevin M $399,900 Edina Realty Title Inc
Sadosty Jade $594,900 Holt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinton Kevin M $319,920
Previous Owner Sadosty Jade $475,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2013 10/17/13 Sold $399,900 -5.9% $130 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $424,900 -- $138 / 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
2024 $7,400 $753,000 $130,000 $623,000
2023 $7,038 $737,300 $130,000 $607,300
2022 $7,468 $675,300 $125,000 $550,300
2021 $6,514 $632,200 $125,000 $507,200
2020 $6,740 $612,700 $125,000 $487,700
2019 $6,760 $601,100 $125,000 $476,100
2018 $3,109 $582,300 $125,000 $457,300
2017 $6,218 $555,900 $125,000 $430,900
2016 $6,448 $535,400 $125,000 $410,400
2015 $3,343 $518,600 $125,000 $393,600
2014 $5,380 $545,000 $125,000 $420,000
2012 -- $557,000 $160,000 $397,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4496721

REALTOR® Association of Southern Minnesota

APN: 85.06.24.068461