NOT LISTED FOR SALE

28 Summit Farm Ln Gem Lake, MN 55110

Estimated Value: $644,000 - $710,000

3 Beds
3 Baths
2,696 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $655,000 $243 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,434/month

69 Days on Market

Highlights

  • Mud Room
  • Cul-De-Sac
  • 3 Car Attached Garage
  • Built-In Double Oven
  • Porch
  • Walk-In Closet

About This Home

As of April 2023

A rare gem in Gem Lake! Super convenient location to the cities and White Bear Lake as well as retail amenities. Fantastic walkout floor plan. Main floor living with excellent entertaining spaces accented by 10-foot ceilings and gorgeous over size windows. Wonderful primary suite with walk in closet, laundry and an exquisite 3/4 bath. Updated main floor bath with tub and shower. Gorgeous imported light fixtures, amazing storage space, upper-level porch and lower level seating area with glorious gardens. The oversized 3-car heated garage completes the package! Easy access to the lovely nature path around the pond. Truly move-in condition with an additional 400 square foot unfinished room in lower level.

Last Agent to Sell the Property

Sheri Fine

Edina Realty, Inc. Listed on: 02/17/2023

Edina Realty, Inc.

Last Buyer's Agent

Kristina Ganske

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,118

Year Built

  • Built in 2020

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 64x125x66x134
  • Cul-De-Sac
  • Few Trees

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

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

Additional Features

  • Air Exchanger
  • Porch

Community Details

  • Association fees include lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Keller Properties, Inc. Association, Phone Number (651) 777-0120
  • Villas Of Gem Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273022330047

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,118

Year Built

Built in 2020

Lot Details

8,276 Sq Ft Lot

HOA Fees

$220 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Detached
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 1498
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Concrete, Partially Finished, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2696
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1198
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Mud Room, Walk In Closet, Family Room, Storage, Porch
  • SqFtTotal: 2802.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Enclosed,Porch,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 651-777-0120
  • Association Fee: 220
  • Association: Yes
  • Amenities Unit: Local Area Network,Main Floor Primary Bedroom,Porch,Walk-In Closet

Association/Amenities

  • HOA Management Co: Keller Properties, Inc.

Schools

  • Junior High Dist: White Bear Lake
  • SchoolDistrictPhone: 651-407-7500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 64x125x66x134
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 273022330047
  • Tax Annual Amount: 9118
  • TaxWithAssessments: 9118.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 24, 2023
Sold by
Bach Caroline and Bach Ulf-Eiel
Bought by
Hunting Carol and Hunting Frederick
Seller's Agent
Sheri Fine
Edina Realty, Inc.
Buyer's Agent
Kristina Ganske
eXp Realty
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%
Views
185
Current Estimated Value
$678,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,614
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Hanson Builders Inc
Bought by
Bach Caroline J and Bach Ulf Etel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records
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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
Hunting Carol $655,000 --
Bach Caroline J $540,000 Custom Home Builders Title
Bach Caroline Caroline $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bach Caroline J $225,000
Closed Bach Caroline Caroline $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $655,000 -3.0% $243 / Sq Ft
03/24/2023 03/24/23 For Sale $675,000 +3.1% $250 / Sq Ft
03/16/2023 03/16/23 Off Market $655,000 -- --
02/17/2023 02/17/23 For Sale $675,000 -- $250 / Sq Ft
Source: NorthstarMLS

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 $8,618 $645,700 $100,000 $545,700
2023 $8,618 $577,700 $100,000 $477,700
2022 $8,486 $584,800 $100,000 $484,800
2021 $1,796 $550,000 $100,000 $450,000
2020 $1,316 $100,000 $100,000 $0
2019 $432 $132,000 $132,000 $0
2018 $0 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6331955

NorthstarMLS

APN: 27-30-22-33-0047

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