NOT LISTED FOR SALE

18575 Verna Ln Prior Lake, MN 55372

Estimated Value: $849,000 - $985,000

6 Beds
3.5 Baths
5,003 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $740,000 $148 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,445/month

12 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Recreation Room
  • Walk-In Pantry
  • Kenwood Trail Middle School Rated A
  • No HOA
  • Double Oven

About This Home

As of July 2023

This is a Certified Pre-Owned Home with a home warranty included. This stunning home is in Credit River Township in the highly sought-after Lakeville school district! This magnificent 6-bedroom residence offers a perfect blend of elegance, comfort, and functionality. Upon entering this beautiful home, you'll be greeted by a foyer that leads to a spacious and inviting living area. The kitchen boasts modern appliances, ample counter space, and granite counters. The adjacent dining area features large windows that flood the space with natural light and provide breathtaking views of the lush surroundings. One of the highlights of this home is the stunning primary suite. This sanctuary offers a tranquil retreat with its dual walk-in closets, office, sitting area, and a luxurious en-suite bathroom. If you're in need of a workspace or a place for your hobbies, you'll be thrilled to discover the large workshop on the property. Your yard is surrounded by mature trees and landscaping.

Last Agent to Sell the Property

David Nelson

Real Broker, LLC Listed on: 06/08/2023

Real Broker, LLC

Last Buyer's Agent

Tim Montgomery

DirectByOwner.com, Inc. / Montgomery & Associated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1994

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 218x172x195x256
  • Property has an invisible fence for dogs

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Dining Room
  • Workroom
  • Recreation Room
  • Dryer

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 040310210

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,664

Year Built

Built in 1994

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: 3
  • Water Source: Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 3634
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor
  • Fireplace Features: Brick, Family Room, Gas, Primary Bedroom, Stone
  • Living Area: 5003
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1369
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Informal Dining Room, Recreation Room, Work Room, Flex Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Pantry (Walk-In)
  • SqFtTotal: 6359.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Invisible
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Concrete, Garage Door Opener, Underground
  • Garage Square Feet: 817
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictNumber: 194
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 218x172x195x256
  • Lot Size Sq Ft: 40510.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 040310210
  • Tax Annual Amount: 8664
  • TaxWithAssessments: 8664.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 26, 2023
Sold by
Siemens Edie L and Siemens Daniel D
Bought by
Mchale Adam J and Mchale Cone M
Seller's Agent
David Nelson
Real Broker, LLC
Buyer's Agent
Tim Montgomery
DirectByOwner.com, Inc. / Montgomery & Associated
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
28
Current Estimated Value
$897,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,430
Avg. Annual Appreciation
9.25%
Original Mortgage
$629,000
Outstanding Balance
$614,399
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$283,031
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
Mchale Adam J $740,000 Gcs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchale Adam J $629,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $740,000 -1.3% $148 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $750,000 -- $150 / 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 $8,014 $785,400 $259,400 $526,000
2024 $8,310 $747,700 $237,700 $510,000
2023 $8,664 $750,800 $237,700 $513,100
2022 $6,626 $793,800 $203,900 $589,900
2021 $6,462 $587,500 $151,800 $435,700
2020 $6,806 $568,400 $133,700 $434,700
2019 $6,422 $568,600 $133,700 $434,900
2018 $6,020 $0 $0 $0
2016 $6,344 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6373721

NorthstarMLS

APN: 4-031-021-0