NOT LISTED FOR SALE

20460 Gateway Dr Lakeville, MN 55044

Estimated Value: $461,000 - $528,000

4 Beds
2.5 Baths
2,567 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 14, 2024

Last sale price $455,000 $177 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,757/month

72 Days on Market

Highlights

  • New Construction
  • Mud Room
  • The kitchen features windows
  • Loft
  • Walk-In Pantry
  • 5-minute walk to Spyglass Park

About This Home

As of January 2024

All the luxuries of new construction in a 4 bedroom, 3 bath home featuring open concept throughout, upper level loft and laundry and 3 car garage with room for extra storage needs! Beautiful new Berkley floor plan now offered in Cedar Hills. Kitchen comes fully ready to go with our new Frigidaire appliance package that will enhance any chefs kitchen. A walk in pantry is a necessity and provides ton of extra space for storing food or large kitchen appliances. The home backs to the beautiful wetland with mature trees for ultimate privacy! Easy access to the neighborhood park. Make life even easier with Lennar's connected home features including a Ring doorbell Pro, Ring Alarm Security Kit and the Honeywell T6 Smart Thermostat - all included with your new home!

Last Agent to Sell the Property

Kaylee Schultz

Lennar Sales Corp Listed on: 11/02/2023

Lennar Sales Corp

Last Buyer's Agent

Stephanie Havlicek

Lennar Sales Corp

Lennar Sales Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,309 Sq Ft Lot
  • Lot Dimensions are 68x145x70x134
  • Many Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 2,567 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$546

Year Built

Built in 2023 | 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
  • Association Amenities: None
  • Fee Frequency: Quarterly
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 2567
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Electric, Family Room, Living Room
  • Living Area: 2567
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Pantry (Walk-In), Mud Room, Loft, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Walk In Closet

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 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: Ethernet Wired,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Cedar Hills

Association/Amenities

  • HOA Management Co: Associa
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 68x145x70x134
  • Lot Size Sq Ft: 10309
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 546
  • TaxWithAssessments: 546.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 14, 2024
Sold by
Us Home Llc
Bought by
Johnson Joseph
Seller's Agent
Kaylee Schultz
Lennar Sales Corp
Buyer's Agent
Stephanie Havlicek
Lennar Sales Corp
List Price
$512,685
Sold Price
$455,000
Premium/Discount to List
-$57,685
-11.25%
Views
24
Current Estimated Value
$496,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,040
Avg. Annual Appreciation
4.94%
Original Mortgage
$150,000
Outstanding Balance
$147,354
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$348,686
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
Johnson Joseph $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joseph $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/14/2024 01/14/24 Sold $455,000 -11.4% $177 / Sq Ft
12/03/2023 12/03/23 Price Changed $513,685 +0.2% $200 / Sq Ft
11/02/2023 11/02/23 For Sale $512,685 -- $200 / 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 $1,098 $431,500 $139,300 $292,200
2023 $1,098 $126,300 $126,300 $0
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: 6455988

NorthstarMLS

APN: 22-16716-07-030