NOT LISTED FOR SALE

16425 54th Ave N Minneapolis, MN 55446

Estimated Value: $924,682 - $993,000

5 Beds
4.5 Baths
4,329 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $685,893 $158 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,067/month

38 Days on Market

Highlights

  • Under Construction
  • Heated In Ground Pool
  • Deck
  • Kimberly Lane Elementary School Rated A+
  • Heated Floors
  • Breakfast Area or Nook

About This Home

As of July 2013

Custom new build in demand Spring Meadows. Loaded with upgrades, gourmet kitch w/ butlers serving area, wet bar, large deck, & tall expansive window on walkout site w/ wooded views. Nhood pool/clubhouse. July completion.

Last Agent to Sell the Property

Brian Benson

Coldwell Banker Burnet Listed on: 03/23/2013

Last Buyer's Agent

Eric Hooper

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 2013 | Under Construction

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Additional Features

  • Air Exchanger
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 0511822430013

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System, Patio
  • Assessments: Unknown
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1433
  • Mechanicals: Air to Air Exchange, Furnace Humidifier
  • New Development: Yes
  • Parcel Number: 0511822430013
  • Projected Closed Date: 07/24/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1920
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 32x19, On Level: Lower
  • Room 4: Kitchen, 15x13, On Level: Main
  • Room 5: Bedroom, 17x16, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Den/Office, 12x11, On Level: Main
  • Room 10: Great Room, 17x16, On Level: Main
  • Room 11: Dining Room, 12x12, On Level: Main
  • Room 12: Other, 13x12, On Level: Lower
  • Room 13: Bedroom, 14x11, On Level: Lower
  • Room 14: Deck, 12x12, On Level: Main
  • Basement Features: Drainage System, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3029
  • Below Grade Finished Sq Ft: 1300
  • Total Fin Square Footage: 4329

Exterior Features

  • Frontage Road: Curb/Gutters, Sidewalk
  • Exterior: Brick, Cement Board
  • Pool: Heated, In-Ground, Outdoor, Shared
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 70

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: 81x130x74x

Building Info

  • Year Built: 2013

Multi Family

  • Total Units Available: 1

Tax Info

  • Year: 2013
  • Tax Value: 1920

MLS Schools

  • School District: Wayzata #284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2017
Sold by
Vyas Purva T and Vyas Taral P
Bought by
Fischer Rochelle M and Fischer Matthew J
Current Estimated Value
$954,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$481,690
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$473,231

Purchase Details

Listed on
Mar 23, 2013
Closed on
Jul 25, 2013
Sold by
Nih Homes Llc
Bought by
Vyas Purva T and Vyas Taral P
Seller's Agent
Brian Benson
Coldwell Banker Burnet
Buyer's Agent
Eric Hooper
RE/MAX Results
List Price
$649,900
Sold Price
$685,893
Premium/Discount to List
$35,993
5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$617,303
Interest Rate
2.86%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2013
Sold by
Odennell Woods Llc
Bought by
Nih Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fischer Rochelle M $650,000 Burnet Title
Vyas Purva T $685,894 Home Security Abstract & Tit
Nih Homes Llc -- Custom Home Bldrs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Rochelle M $585,000
Previous Owner Vyas Purva T $617,303
Previous Owner Nih Homes Llc $411,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $685,893 +5.5% $158 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $649,900 -- $150 / 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 $11,212 $915,200 $205,000 $710,200
2023 $10,147 $872,700 $175,000 $697,700
2022 $9,300 $837,000 $175,000 $662,000
2021 $9,016 $713,000 $155,000 $558,000
2020 $9,019 $695,000 $150,000 $545,000
2019 $9,024 $681,000 $150,000 $531,000
2018 $8,975 $681,000 $184,000 $497,000
2017 $9,052 $676,000 $172,000 $504,000
2016 $9,178 $667,000 $200,000 $467,000
2015 $9,412 $667,300 $200,000 $467,300
2014 -- $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4453188

REALTOR® Association of Southern Minnesota

APN: 05-118-22-43-0013