NOT LISTED FOR SALE

20400 Gateway Dr Lakeville, MN 55044

Estimated Value: $560,000 - $660,000

4 Beds
3.5 Baths
3,616 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $649,450 $180 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,669/month

Highlights

  • New Construction
  • 3 Car Attached Garage
  • Sod Farm
  • Sun or Florida Room
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Welcome to Cedar Hills! Wetland views & future community park. This popular floorplan includes 4 bedrooms on the upper level, a gorgeous morning room, fireplace, quartz countertops, upper level laundry and Irrigation/landscape package. Beautiful West-Facing homesite. Estimated completion Summer of 2023.

Last Agent to Sell the Property

Kimberly Kelly

Lennar Sales Corp Listed on: 06/24/2022

Lennar Sales Corp

Co-Listed By

Cheryl Mourning

Pulte Homes Of Minnesota, LLC

Last Buyer's Agent

Ahmed Farah

Goodir Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 57x141x93x134

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Drainage System
  • Sump Pump
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • Association fees include professional mgmt, trash
  • Associa Association, Phone Number (763) 225-6400
  • Built by LENNAR
  • Cedar Hills Community
  • Cedar Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 221671607090

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,742

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 2583
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drainage System, Concrete, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator
  • Fireplace Features: Family Room, Gas
  • Living Area: 3616
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1033
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Flex Room, Sun Room, Bedroom 5
  • SqFtTotal: 3760.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Trash
  • Phone: 763-225-6400
  • Association Fee: 149
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,In-Ground Sprinkler,Sun Room,Walk-In Closet
  • Community Name: Cedar Hills

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 57x141x93x134
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Pending

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 221671607090
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 31, 2023
Sold by
Us Home Llc Dba Lennar
Bought by
Mohamed Samsam
Seller's Agent
Kimberly Kelly
Lennar Sales Corp
Buyer's Agent
Ahmed Farah
Goodir Realty Inc
List Price
$649,450
Sold Price
$649,450
Views
1
Current Estimated Value
$611,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,725
Avg. Annual Appreciation
-2.25%
Original Mortgage
$616,978
Outstanding Balance
$598,933
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$12,792
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
Mohamed Samsam $649,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohamed Samsam $616,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $649,450 0.0% $180 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $649,450 -- $180 / 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
2024 $4,742 $612,600 $139,300 $473,300
2023 $4,742 $440,300 $138,900 $301,400
2022 $198 $125,900 $125,900 $0
2021 $546 $23,400 $23,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6218392

NorthstarMLS

APN: 22-16716-07-090