NOT LISTED FOR SALE

20480 Gateway Dr Lakeville, MN 55044

Estimated Value: $462,000 - $540,000

4 Beds
2.5 Baths
2,567 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $462,000 $180 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,801/month

105 Days on Market

Highlights

  • New Construction
  • Corner Lot
  • Walk-In Pantry
  • Loft
  • Mud Room
  • 4-minute walk to Spyglass Park

About This Home

As of March 2024

Dare to compare this BRAND NEW home! Enjoy the peace of mind of a new home warranty. No updates needed when you buy new! Enjoy privacy backing to mature trees. Close to Historical Downtown Lakeville and locally owned restaurants. Just minutes to Apple Valley shopping. Just steps from local park. Near amenities yet still that small town feel. This beautiful Berkley floor plan now offered in Cedar Hills is a fantastic house to call home. Kitchen comes fully ready to go with our new Frigidaire package with all appliances included, quartz countertops and a walk in pantry with ample space for food and extra kitchen appliances. The home backs to the beautiful wetland with mature trees for ultimate privacy! Price includes blinds, Frigidaire top load washer/dryer, front landscaping and irrigation. Easy access to the neighborhood park and future city park. Estimated completion is February 2024. Start the new year off right in a brand new home!!

Last Agent to Sell the Property

Stephanie Havlicek

Lennar Sales Corp Listed on: 11/09/2023

Lennar Sales Corp

Last Buyer's Agent

Kim Wetteland

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 81x132x96x109
  • Corner Lot
  • Many Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

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
  • Drain

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater

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

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
  • 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: Drain Tiled, Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric, Family Room, Living Room
  • Living Area: 2567
  • Fireplace: Yes
  • 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
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Covered,Front Porch

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Dakota Electric Association

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: 81x132x96x109
  • Lot Size Sq Ft: 12281
  • Land Lease: No
  • Lot Features: Corner Lot, Sod Included in Price, Many Trees, Underground Utilities
  • 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 9, 2023
Closed on
Mar 7, 2024
Sold by
Us Home Llc
Bought by
Swanson Ilya
Seller's Agent
Stephanie Havlicek
Lennar Sales Corp
Buyer's Agent
Kim Wetteland
Edina Realty, Inc.
List Price
$505,174
Sold Price
$462,000
Premium/Discount to List
-$43,174
-8.55%
Views
73
Current Estimated Value
$504,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,451
Avg. Annual Appreciation
5.34%
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
Swanson Ilya $462,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $462,000 -2.3% $180 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $472,990 -0.4% $184 / Sq Ft
02/06/2024 02/06/24 Price Changed $474,990 +0.8% $185 / Sq Ft
01/30/2024 01/30/24 Price Changed $470,990 +0.2% $183 / Sq Ft
01/23/2024 01/23/24 Price Changed $469,990 -7.0% $183 / Sq Ft
11/09/2023 11/09/23 For Sale $505,174 -- $197 / 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 $396,200 $139,300 $256,900
2023 $546 $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: 6458397

NorthstarMLS

APN: 22-16716-07-010