15548 Red Oaks Rd SE Prior Lake, MN 55372
4
Beds
5
Baths
5,587
Sq Ft
0.47
Acres
Highlights
- 100 Feet of Waterfront
- Beach Access
- Lake View
- Westwood Elementary School Rated A
- Multiple Garages
- Family Room with Fireplace
About This Home
As of July 2024Welcome to lakeside luxury living in Prior Lake, MN! This stunning home offers 5,587 sq ft of spacious elegance, boasting 4 beds and 5 bathrooms. Nestled on the shores of Lower Prior Lake, with 100 feet of private shoreline, enjoy breathtaking waterfront views from every angle.Immerse yourself in the tranquility of lakeside living while still being within walking distance to the vibrant Lakefront Park and downtown Prior Lake.With its expansive living spaces, gourmet kitchen, and luxurious amenities, this home is an entertainer's dream and a haven for relaxation. Don't miss this opportunity to make this lakeside retreat your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,438
Year Built
- Built in 2004
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 100x190
- 100 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wet Bar
- Central Vacuum
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Home Office
- Bonus Room
- Utility Room Floor Drain
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Basement Storage
- Natural lighting in basement
Eco-Friendly Details
- Electronic Air Cleaner
- Air Exchanger
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Underground Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Red Oaks Subdivision
Listing and Financial Details
- Assessor Parcel Number 250420030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Jul 24, 2024
Sold by
The Jeffrey J Scherer Revocable Trust Un
Bought by
Schuett Amy and Schuett Dustin
Seller's Agent
James O'Meara
RE/MAX Preferred
Buyer's Agent
Jeff Young
Edina Realty, Inc.
List Price
$2,590,000
Sold Price
$2,350,000
Premium/Discount to List
-$240,000
-9.27%
Total Days on Market
94
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,358
Avg. Annual Appreciation
2.73%
Purchase Details
Closed on
Dec 28, 2023
Sold by
Scherer Jeffrey J
Bought by
Jeffrey J Scherer Revocable Trust and Scherer
Purchase Details
Closed on
Mar 16, 2022
Sold by
Debra Scherer
Bought by
Scherer Jeff
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2016
Sold by
Mansfield Properties Llc
Bought by
Scherer Jeff
Purchase Details
Closed on
Nov 12, 2002
Sold by
Thomas John P
Bought by
Scherer Jeffrey J
Similar Homes in Prior Lake, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,350,000 | -- | |
| Warranty Deed | $500 | None Listed On Document | |
| Quit Claim Deed | $50,000 | Trademark Title | |
| Warranty Deed | $201,000 | Edina Realty Title Inc | |
| Deed | $418,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $457,000 | New Conventional | |
| Previous Owner | $484,350 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $2,350,000 | 0.0% | $421 / Sq Ft |
| 07/18/2024 07/18/24 | Off Market | $2,350,000 | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $2,590,000 | +10.2% | $464 / Sq Ft |
| 07/11/2024 07/11/24 | Off Market | $2,350,000 | -- | -- |
| 06/06/2024 06/06/24 | Price Changed | $2,590,000 | -7.5% | $464 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $2,800,000 | -- | $501 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $24,438 | $2,244,400 | $1,014,300 | $1,230,100 |
| 2024 | $24,438 | $2,145,800 | $966,500 | $1,179,300 |
| 2023 | $22,482 | $2,084,900 | $966,500 | $1,118,400 |
| 2022 | $23,100 | $1,982,400 | $864,000 | $1,118,400 |
| 2021 | $22,076 | $1,742,100 | $756,100 | $986,000 |
| 2020 | $22,308 | $1,633,200 | $672,600 | $960,600 |
| 2019 | $21,790 | $1,585,600 | $615,600 | $970,000 |
| 2018 | $22,734 | $0 | $0 | $0 |
| 2016 | $17,066 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James O'Meara
J
Seller's Agent in 2024
James O'Meara
RE/MAX
(612) 396-1432
8 in this area
15 Total Sales
-
Jeff Young
Seller Co-Listing Agent in 2024
Jeff Young
Edina Realty, Inc.
(612) 618-8363
42 in this area
89 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6505846
APN: 25-042-003-0
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