NOT LISTED FOR SALE

16010 Fair Meadows Ln Maple Grove, MN 55369

Estimated Value: $717,000 - $822,000

5 Beds
4.5 Baths
4,271 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $705,000 $165 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,930/month

60 Days on Market

Highlights

  • 31,363 Sq Ft lot
  • Great Room
  • Home Office
  • Fernbrook Elementary School Rated A-
  • No HOA
  • The kitchen features windows

About This Home

As of September 2022

Impressive. Inviting. Immaculate. Stunning 4300+sqf floor plan on .72 lot with high-end finishes throughout. Main level features a gourmet kitchen, formal dining, open concept design with a gas
fireplace in the great room and spectacular views from the sunroom with custom window treatments and
access to the maintenance-free deck. The upper level with loft space invites you into the king-sized
owner’s suite featuring walk-in closet, and private bath: tub, separate shower and double sinks. Three
more spacious bedrooms with full bath complete this floor. The lower-level walks out to the backyard and
provides the fifth bedroom and another full bath. Lower-level ceilings were raised to 9 feet during
construction per owner’s directive. This home shows like new, and the owner’s care is evident. This is a
“don’t miss” property.

Last Listed By

Barbara Goerss

eXp Realty Listed on: 06/15/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,677

Year Built

  • Built in 2017

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 98x279x1264x23x366
  • Irregular Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Rush Creek Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3212022440012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,677

Year Built

Built in 2017

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: 2017
  • Above Grade Finished Sq Ft: 3220
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 4271
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1051
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Great Room, Office, Laundry, Mud Room, Sun Room
  • SqFtTotal: 4629.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Other
  • Garage Square Feet: 722

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Porch,Panoramic View,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictNumber: 279
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 98x279x1264x23x366
  • Lot Size Sq Ft: 31363.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

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

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3212022440012
  • Tax Annual Amount: 7677
  • TaxWithAssessments: 7677.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 16, 2022
Sold by
Phethdara Patrick and Phethdara Kate
Bought by
Lorwa Stephen and Lorwa Ashley
Seller's Agent
Barbara Goerss
eXp Realty
Buyer's Agent
Jennifer Lundquist
Edina Realty, Inc.
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%
Total Days on Market
60
Views
2
Current Estimated Value
$753,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,155
Avg. Annual Appreciation
2.53%
Original Mortgage
$599,250
Outstanding Balance
$575,435
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$177,720

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 13, 2022
Sold by
Phethdara Kate and Phethdara Patrick
Bought by
Lorwa Stephen and Lorwa Ashley
Seller's Agent
Barbara Goerss
eXp Realty
Buyer's Agent
Jennifer Lundquist
Edina Realty, Inc.
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Outstanding Balance
$575,435
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$177,720

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 21, 2018
Sold by
Rush Creek Landing Llc
Bought by
Phethadar Patrick D and Phethadar Kate
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$532,163
Sold Price
$537,493
Premium/Discount to List
$5,330
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$424,100
Interest Rate
4.32%
Mortgage Type
New Conventional

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
Lorwa Stephen $705,000 --
Lorwa Stephen $684,264 --
Phethadar Patrick D $537,494 Twin City Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorwa Stephen $599,250
Closed Lorwa Stephen $599,250
Previous Owner Phethdara Patrick D $200,000
Previous Owner Phethdara Patrick D $406,697
Previous Owner Phethadar Patrick D $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $705,000 -2.6% $165 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $724,000 -3.3% $170 / Sq Ft
06/02/2022 06/02/22 For Sale $749,000 +39.4% $175 / Sq Ft
03/21/2018 03/21/18 Sold $537,493 +1.0% $171 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $532,163 -- $170 / 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
2023 $9,049 $688,000 $108,000 $580,000
2022 $7,657 $656,000 $117,000 $539,000
2021 $7,532 $548,000 $92,000 $456,000
2020 $8,167 $522,000 $86,000 $436,000
2019 $8,376 $534,000 $90,000 $444,000
2018 $1,217 $526,000 $105,000 $421,000
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6147706

NorthstarMLS

APN: 32-120-22-44-0012