NOT LISTED FOR SALE

3375 Reed Way SW Prior Lake, MN 55372

Estimated Value: $717,295 - $830,000

6 Beds
4 Baths
3,934 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $427,500 $109 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,737/month

155 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Corner Lot
  • Hidden Oaks Middle School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2014

Former Model, lots of upgrades. Lrg foyer w/dbl door to study & lrg living room. Open 2 story Great rm w/frpl & built ins. Signature kitch w/dbl ovens & cooktop, granite, stainless. Main flr Guest Ste, maintenance free deck. Lrg outdoor entertaining space

Last Agent to Sell the Property

James Gilbertson

Edina Realty, Inc. Listed on: 02/19/2014

Co-Listed By

Paul Pudlitzke

Edina Realty, Inc.

Last Buyer's Agent

Jennifer Yankovec

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,470

Year Built

  • 2011

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 120x200x12
  • Corner Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Window Egress
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Community Details

  • Association fees include trash

Listing and Financial Details

  • Assessor Parcel Number 254420210

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,470

Year Built

2011

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.55
  • Construction: Previously Owned
  • Foundation Size: 1900
  • Mechanicals: Furnace Humidifier
  • Parcel Number: 254420210
  • Projected Closed Date: 08/25/2014
  • Stories: 2 Story
  • Taxes With Assessments: 5180
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x15, On Level: Main
  • Room 2: Dining Room, 10x15, On Level: Main
  • Room 3: Family Room, 21x18, On Level: Main
  • Room 4: Kitchen, 15x18, On Level: Main
  • Room 5: Bedroom, 18x20, On Level: Upper
  • Room 6: Bedroom, 11x13, On Level: Upper
  • Room 7: 13x15, On Level: Upper
  • Room 8: Bedroom, 12x13, On Level: Upper
  • Room 9: Bedroom, 12x10, On Level: Main
  • Room 10: Bedroom, 11x17, On Level: Lower
  • Room 11: Den/Office, 12x11, On Level: Main
  • Room 12: Dining Room, 10x11, On Level: Main
  • Room 13: Mud Room, 6x11, On Level: Main
  • Room 14: Laundry Room, 7x8, On Level: Upper
  • Basement Features: Egress Windows, Partially Finished
  • Finished Above Grade Sq Ft: 3662
  • Below Grade Finished Sq Ft: 272
  • Total Fin Square Footage: 3934

Exterior Features

  • Exterior: Brick, Metal, Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 146

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Estimated Lot Dimensions: 120x200x12
  • Lot/Land Description: Corner Lot, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Martin Erin M and Martin Jason J
Bought by
Stanek Mary E Stoffers and Stanek Matthew J
Current Estimated Value
$773,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,840
Outstanding Balance
$391,395
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$382,179

Purchase Details

Listed on
Feb 19, 2014
Closed on
Aug 7, 2014
Sold by
Stroup Larry J and Stroup Kathleen M
Bought by
Martin Erin M and Martin Jason J
Seller's Agent
James Gilbertson
Edina Realty, Inc.
Buyer's Agent
Jennifer Yankovec
RE/MAX Advantage Plus
List Price
$499,000
Sold Price
$427,500
Premium/Discount to List
-$71,500
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$384,750
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
D R Horton Inc Mn
Bought by
Stroup Larry J and Not Provided

Purchase Details

Closed on
Dec 9, 2010
Sold by
Wyatt Pudel Pointer Ii Llc
Bought by
D R Horton Inc Minnesota
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stanek Mary E Stoffers $549,900 Trademark Title Services Inc
Martin Erin M $427,500 Title Mark
Stroup Larry J $379,780 --
D R Horton Inc Minnesota $114,000 --
Stoffers Stanek Mary Mary $549,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanek Mary E Stoffers $439,840
Previous Owner Martin Erin M $384,750
Closed Stoffers Stanek Mary Mary $439,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $427,500 -14.3% $109 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $499,000 -- $127 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,470 $711,300 $185,000 $526,300
2024 $7,328 $713,900 $185,000 $528,900
2023 $6,920 $684,700 $176,800 $507,900
2022 $6,578 $669,400 $158,800 $510,600
2021 $6,272 $557,000 $128,900 $428,100
2020 $6,250 $525,000 $113,600 $411,400
2019 $6,246 $505,600 $109,300 $396,300
2018 $6,546 $0 $0 $0
2016 $5,196 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4580798

REALTOR® Association of Southern Minnesota

APN: 25-442-021-0