$705,000
SOLD MAR 12, 2025

1507 Sherman Lake Rd Hugo, MN 55038

4 Beds
3.5 Baths
4,098 Sq Ft
0.37 Acres

Recently Sold

$172 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Family Room with Fireplace
  • Den
  • Stainless Steel Appliances
  • Centerville Elementary School Rated A-
  • Double Oven
  • The kitchen features windows

About This Home

As of March 2025

Nestled in sought-after Pheasant Hills! This stunning 4+bedroom 4-bath 2 Story walk-out offers the perfect blend of luxury, comfort and breathtaking natural beauty, overlooking a serene 2700-acre regional park. Large sunlit rooms, hardwood flrs, stunning white kitchen w/double ovens & warming drawer, Family rm with gas fireplace, pocket doors to living room, dining room + foyer with open staircase. Primary suite has 2 oversized walk-in closets and an attached flex rm & 3 BR's up. Huge lower level walk-out offers lots of opportunities, Fam rm w/fp, Den or potential 5th bedroom, new carpet, 3/4 BA & finished storage rm. Enjoy the sights & sounds of the park preserve from the maintenance free deck. Oversized 3+car garage the single stall is 29ft deep. New concrete driveway. Access to walking trails & outdoor adventures. This home offers the perfect balance of modern convenience and nature. Whether you're entertaining guests or enjoying a quiet evening, this property truly has it all!

Last Agent to Sell the Property

Sandra Espe Sorenson

Coldwell Banker Realty Brokerage Phone: 651-426-1671 Listed on: 01/09/2025

Coldwell Banker Realty

Last Buyer's Agent

Chelsea Long

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 99x162x97x169

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Den
  • Game Room with Fireplace
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Hot Water Heating System

Community Details

  • Association fees include professional mgmt, shared amenities
  • Compass Mgmt Association, Phone Number (612) 888-4710
  • Pheasant Hills Preserve 11Th Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273122110033

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,494

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2972
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-426-1671
  • Attribution Contact: 651-426-1671
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Chandelier, Dishwasher, Disposal, Double Oven, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Amusement Room, Family Room, Gas
  • Living Area: 4098
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1126
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Foyer, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Storage

Beds/Baths

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

Exterior Features

  • Roof: Architectural Shingle
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 720

Utilities

  • Heating: Forced Air, Hot Water, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 612-888-4710
  • Association Fee: 250
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Compass Mgmt

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 99x162x97x169
  • Lot Size Sq Ft: 15903
  • Land Lease: No
  • Lot Features: Property Adjoins Public Land, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 273122110033
  • Tax Annual Amount: 7494
  • TaxWithAssessments: 7494.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 24, 2025
Sold by
Dostanic Predrag and Dostanic Dragana
Bought by
Dauschmidt Kenneth and Dauschmidt Ana
Seller's Agent
Sandra Espe Sorenson
Coldwell Banker Realty
Buyer's Agent
Chelsea Long
LPT Realty, LLC
List Price
$699,900
Sold Price
$705,000
Premium/Discount to List
$5,100
0.73%
Views
37
Current Estimated Value
$719,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,932
Avg. Annual Appreciation
3.81%
Original Mortgage
$421,000
Outstanding Balance
$418,870
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$301,062

Purchase Details

Closed on
Apr 7, 2001
Sold by
Lang Builders Inc
Bought by
Dostanic Predrag and Dostanic Dragana

Purchase Details

Closed on
Apr 6, 2001
Sold by
Royal Oaks Realty Inc
Bought by
Lang Builders Inc
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 Type Sale Price Title Company
Deed $705,000 --
Warranty Deed $491,720 --
Warranty Deed $89,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $421,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $705,000 +0.7% $172 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $699,900 -- $171 / 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 $8,199 $666,200 $132,000 $534,200
2024 $8,199 $653,200 $125,600 $527,600
2023 $7,472 $647,600 $128,900 $518,700
2022 $7,004 $646,200 $116,200 $530,000
2021 $6,967 $534,800 $89,100 $445,700
2020 $7,349 $520,100 $99,000 $421,100
2019 $7,292 $526,300 $95,600 $430,700
2018 $6,683 $498,200 $0 $0
2017 $6,546 $497,200 $0 $0
2016 $6,850 $465,200 $0 $0
2015 -- $465,200 $113,400 $351,800
2014 -- $430,900 $110,800 $320,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6640068

NorthstarMLS

APN: 27-31-22-11-0033