$770,000
SOLD SEP 12, 2025

18510 Pheasant Ridge Rd Prior Lake, MN 55372

5 Beds
3.5 Baths
3,821 Sq Ft
1.97 Acres

Recently Sold

$202 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Multiple Garages
  • RV Access or Parking
  • 85,813 Sq Ft lot
  • Kenwood Trail Middle School Rated A
  • River View
  • Deck

About This Home

As of September 2025

Welcome to your dream home in the highly sought-after Credit River location! This 5-bedroom, 4-bathroom single-level ranch, situated on 1.97 acres, offers the perfect blend of luxury, privacy, and convenience. Nestled just minutes from major retail, yet far enough to embrace the serenity of nature, this property backs to the scenic Credit River, providing a peaceful retreat.
Designed for effortless single-level living—a rare find—this home features 3 spacious bedrooms on the main level, complemented by vaulted ceilings that enhance the open, airy feel. The lower level boasts tall ceilings, two additional bedrooms, ideal for guests or family. Enjoy the spacious living room and multiple recreational spaces in the lower level which is a walkout, flooded with natural light as you overlook the wetland. With 2 separate heated garages, both accessible from the main and lower levels, this home offers unmatched versatility for car enthusiasts, hobbyists, storage and beyond!
Recent upgrades elevate this home’s appeal: new countertops (2023), a new furnace/heat pump (2024), a new water heater (2023), and a state-of-the-art water treatment system including a Kinetico softener, iron filter, sediment filter, and reverse osmosis (2023). A new well pipe and pressure pump (2023) ensure reliable water supply, while an EV charger with an off-peak program adds modern efficiency.
Located in the Lakeville School District, this property combines rural charm with urban accessibility. Don’t miss the chance to own this meticulously maintained, move-in-ready home.

Last Agent to Sell the Property

Trent Zimmer

Keller Williams Select Realty Listed on: 06/04/2025

Keller Williams Select Realty

Last Buyer's Agent

Cynthia Johnson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 1997

Lot Details

  • 1.97 Acre Lot
  • Lot Dimensions are 410x233x197x181x109
  • Street terminates at a dead end
  • Many Trees

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Electric Vehicle Home Charger
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • River Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heat Pump System
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association
  • Valley Oaks 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040310370

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,080

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Heat Pump
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1969
  • Water Body Name: Credit River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Storage Space, Sump Basket, Sump Pump, Tile Shower, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 3821
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1852
  • Basement YN: Yes
  • Dining Room Type: Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room, Recreation Room, Laundry, Deck, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PoolFeatures: None
  • View: River
  • Other Structures: Storage Shed
  • PatioPorchType: Covered,Deck,Patio,Rear Porch
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Tuckunder Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Heat Pump
  • Sewer: Septic System Compliant - Yes
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 410x233x197x181x109
  • Lot Size Sq Ft: 85813.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 040310370
  • Tax Annual Amount: 7080
  • TaxWithAssessments: 7080.0000

Multi Family

  • WaterfrontFeatures: River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Sep 12, 2025
Sold by
Mehlhorn Matthew and Mehlhorn Olivia Michelle
Bought by
Gher Christopher Ryan and Gher Kimberly Ann
Seller's Agent
Trent Zimmer
Keller Williams Select Realty
Buyer's Agent
Cynthia Johnson
Coldwell Banker Realty
List Price
$795,000
Sold Price
$770,000
Premium/Discount to List
-$25,000
-3.14%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$462,000
Outstanding Balance
$461,582
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$307,388

Purchase Details

Closed on
Jun 23, 2022
Sold by
Drummond Richard and Drummond Tammy
Bought by
Mehlhorn Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1996
Sold by
Adams Charles W and Adams Harriet L
Bought by
Drummond Richard S and Drummond Tammy S
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 Type Sale Price Title Company
Warranty Deed $770,000 Burnet Title
Deed $700,000 --
Warranty Deed $32,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $462,000 New Conventional
Previous Owner $560,000 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $770,000 -0.6% $202 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $775,000 -2.5% $203 / Sq Ft
06/12/2025 06/12/25 For Sale $795,000 -- $208 / 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
2025 $7,080 $616,800 $253,100 $363,700
2024 $7,350 $584,700 $232,000 $352,700
2023 $7,532 $587,100 $232,300 $354,800
2022 $5,934 $609,700 $199,600 $410,100
2021 $5,820 $437,400 $146,000 $291,400
2020 $6,224 $418,000 $128,500 $289,500
2019 $5,890 $427,900 $136,900 $291,000
2018 $5,650 $0 $0 $0
2016 $6,440 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6733425

NorthstarMLS

APN: 4-031-037-0