NOT LISTED FOR SALE

18686 Pheasant Ridge Rd Prior Lake, MN 55372

Estimated Value: $995,000 - $1,086,000

4 Beds
3.5 Baths
4,137 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $1,075,000 $260 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,189/month

33 Days on Market

Highlights

  • On Golf Course
  • Heated Above Ground Pool
  • 97,139 Sq Ft lot
  • Kenwood Trail Middle School Rated A
  • Home fronts a creek
  • Family Room with Fireplace

About This Home

As of August 2024

This stunning property is a tranquil oasis set on 2.2 acres of lush, wooded land. A private driveway leads to the front entry, featuring large French doors & an airy vestibule. Inside, a wall of windows & skylights flood the living room w/ natural light. The dining room, w/ warm wood ceilings, leads to a chef's kitchen w/ custom cabinetry & high-end appliances. Adjacent are a 1⁄2 bath & a dual-purpose laundry/butler's pantry. The main floor's primary suite is a retreat w/ a large bedroom, deck access, a cedar-lined closet, & a bath w/ heated floors, a soaking tub, & a walk-in shower. Upstairs, a catwalk connects a bedroom, a full bath, & a unique "treehouse" room that fully envelops you in nature. Downstairs features a family room w/ patio access, 2 addt’l bedrooms, a 3/4 bath, & a versatile flex space w/ a kitchenette & sauna. The property backs up to protected wetlands & private land. Outside, enjoy an above-ground jacuzzi/swim spa, a firepit area, & low-maintenance lush landscaping.

Last Agent to Sell the Property

Lindsay Bacigalupo

Engel & Volkers Minneapolis Downtown Listed on: 05/24/2024

Engel & Volkers Minneapolis Downtown

Co-Listed By

Geoff Bray

Engel & Volkers Minneapolis Downtown

Last Buyer's Agent

Pat Johnson

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,166

Year Built

  • Built in 1988

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 400x466x88x380
  • Home fronts a creek
  • Home fronts a pond
  • On Golf Course
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Library
  • Game Room
  • Hobby Room
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Pool

  • Heated Above Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Iron Water Filter
  • Well

Listing and Financial Details

  • Assessor Parcel Number 040310320

Community Details

Overview

  • No Home Owners Association
  • Valley Oaks 1St Add Subdivision
  • Property is near a preserve or public land

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,166

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 2612
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Iron Filter, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Wood Burning
  • Living Area: 4137
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1525
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Library, Game Room, Exercise Room, Sauna, Hobby Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Above Ground, Heated, Outdoor Pool

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener
  • Garage Square Feet: 690

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Exercise Room,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Outdoor Kitchen,Patio,Paneled Doors,Panoramic View,Sauna,Skylight,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 400x466x88x380
  • Lot Size Sq Ft: 97138.8
  • Land Lease: No
  • Lot Features: On Golf Course, Property Adjoins Public Land, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 040310320
  • Tax Annual Amount: 8166
  • TaxWithAssessments: 8166.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Oleary Claudia Patricia and Clark Thomas A
Bought by
Claudia Patricia Oleary Trust and Thomas A Clark Trust
Current Estimated Value
$1,043,449

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 22, 2024
Sold by
Downey John and Backman Jeffrey
Bought by
Oleary Claudia and Clark Thomas
Seller's Agent
Lindsay Bacigalupo
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Pat Johnson
Edina Realty, Inc.
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$711,550
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2024
Sold by
Downey John M and Backman Jeffrey M
Bought by
Oleary Claudia Patricia and Clark Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,550
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2024
Sold by
Downey John M and Backman Jeffrey M
Bought by
Downey John M and Backman Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,550
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2020
Sold by
Domacker David Louis and Spencer Jody Alan
Bought by
Downey John M and Backman Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
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
Claudia Patricia Oleary Trust $500 None Listed On Document
Oleary Claudia $1,075,000 --
Oleary Claudia Patricia $1,075,000 None Listed On Document
Downey John M $500 None Listed On Document
Downey John M $700,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oleary Claudia $711,550
Previous Owner Oleary Claudia Patricia $711,550
Previous Owner Downey John M $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $1,075,000 -4.4% $260 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $1,125,000 -- $272 / 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 $7,884 $781,300 $363,800 $417,500
2024 $8,166 $736,800 $331,900 $404,900
2023 $8,114 $739,000 $331,900 $407,100
2022 $6,912 $803,300 $282,400 $520,900
2021 $6,646 $609,400 $216,300 $393,100
2020 $8,210 $582,500 $190,400 $392,100
2019 $7,764 $582,700 $190,400 $392,300
2018 $7,444 $0 $0 $0
2016 $7,300 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6542132

NorthstarMLS

APN: 4-031-032-0