NOT LISTED FOR SALE

16625 54th Ave N Minneapolis, MN 55446

Estimated Value: $835,000 - $967,000

5 Beds
5 Baths
4,656 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $558,875 $120 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,657/month

35 Days on Market

Highlights

  • Heated Pool
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Kimberly Lane Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of December 2013

New construction 5 bdrm home features a spacious loft, 5 baths: jack-n-jill & princess suite; gourmet kitchen, large center island! Plus, main flr den, finished lower level w/rec rm, game rm, large 5th bedrm & bath,bath. Wayzata Schools! Pools & Park!

Last Agent to Sell the Property

Annika Latterell

Lennar Sales Corp Listed on: 10/19/2013

Co-Listed By

Melissa Johnson

Lennar Sales Corp

Last Buyer's Agent

Mark Schill

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,694

Year Built

  • 2013

Lot Details

  • 10,454 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Home Under Construction
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Listing and Financial Details

  • Assessor Parcel Number 0811822120012

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,694

Year Built

2013

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System, Porch
  • Estimated Number of Acres: 0.24
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1600
  • Mechanicals: Furnace Humidifier
  • Parcel Number: 0811822120012
  • Projected Closed Date: 12/31/2013
  • Stories: 2 Story
  • Taxes With Assessments: 947
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Private Master, Rough In, Separate Tub & Shower
  • Total Bathrooms: 5
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 11x12, On Level: Main
  • Room 2: Dining Room, 10x13, On Level: Main
  • Room 3: Family Room, 19x15, On Level: Main
  • Room 4: Kitchen, 16x9, On Level: Main
  • Room 5: Bedroom, 16x14.5, On Level: Upper
  • Room 6: Bedroom, 15.5x12, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 14x11.5, On Level: Upper
  • Room 9: Loft, 16x13, On Level: Upper
  • Room 10: Den/Office, 13.5x11, On Level: Main
  • Room 11: Laundry Room, 6x9, On Level: Upper
  • Room 12: Rec Room, 20x16, On Level: Lower
  • Room 13: Rec Room, 15x18, On Level: Lower
  • Room 14: Bedroom, 12x14.5, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3430
  • Below Grade Finished Sq Ft: 1226
  • Total Fin Square Footage: 4656

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Brick
  • Pool: Heated, Outdoor, Shared
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 750

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: N 78 x 137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2019
Sold by
Krager Kent M and Krager Kathleen M
Bought by
Jain Umesh and Kaur Varinder
Current Estimated Value
$902,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Outstanding Balance
$99,565
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$803,083

Purchase Details

Listed on
Oct 19, 2013
Closed on
Dec 16, 2013
Sold by
U S Home Corporation
Bought by
Krager Kent M and Krager Kathleen M
Seller's Agent
Annika Latterell
Lennar Sales Corp
Buyer's Agent
Mark Schill
Coldwell Banker Burnet
List Price
$590,360
Sold Price
$558,875
Premium/Discount to List
-$31,485
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$417,000
Interest Rate
4.23%
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
Jain Umesh $657,500 Stewart Title
Krager Kent M $558,876 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Umesh $131,500
Open Jain Umesh $460,250
Previous Owner Krager Kent M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $558,875 -5.3% $120 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $590,360 -- $127 / 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 $9,694 $805,300 $215,000 $590,300
2023 $9,153 $796,300 $200,000 $596,300
2022 $7,961 $757,000 $210,000 $547,000
2021 $7,491 $624,000 $169,000 $455,000
2020 $7,689 $595,000 $150,000 $445,000
2019 $7,722 $593,000 $150,000 $443,000
2018 $7,417 $595,000 $175,000 $420,000
2017 $7,324 $563,000 $157,000 $406,000
2016 $7,200 $542,000 $175,000 $367,000
2015 $7,893 $573,900 $175,000 $398,900
2014 -- $87,900 $87,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4553110

REALTOR® Association of Southern Minnesota

APN: 08-118-22-12-0010