NOT LISTED FOR SALE

16625 54th Ave N Minneapolis, MN 55446

Estimated Value: $878,448 - $994,000

5 Beds
5 Baths
4,656 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 31, 2013

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

Est. 69% increase in value since last sale

Current estimated payment $6,096/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

  • $9,153

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

$9,153

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
Total Days on Market
35
Current Estimated Value
$942,362

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
$102,398
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$829,496

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
4.57%
Original Mortgage
$30,100
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Closed Jain Umesh $131,500
Previous Owner Krager Kent M $30,100
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
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

  • A

    Seller's Agent in 2013

    Annika Latterell

    Lennar Sales Corp

  • M

    Seller Co-Listing Agent in 2013

    Melissa Johnson

    Lennar Sales Corp

  • M

    Buyer's Agent in 2013

    Mark Schill

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4553110

REALTOR® Association of Southern Minnesota

APN: 08-118-22-12-0010

Minnesota Hennepin County Minneapolis 55446

16625 54th Ave N, Minneapolis, MN

This home is located at 16625 54th Ave N, Minneapolis, MN 55446 since 19 October 2013 and is currently estimated at $942,362, approximately $202 per square foot. This property was built in 2013. 16625 54th Ave N is a home located in Hennepin County with nearby schools including Kimberly Lane Elementary School, Wayzata Central Middle School, and Wayzata High School.

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