NOT LISTED FOR SALE

3449 Reed Way SW Prior Lake, MN 55372

Estimated Value: $694,309 - $841,000

4 Beds
2.5 Baths
2,903 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $411,000 $142 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,624/month

122 Days on Market

Highlights

  • 0.74 Acre Lot
  • Deck
  • Wood Flooring
  • Hidden Oaks Middle School Rated A-
  • Vaulted Ceiling
  • 3 Car Attached Garage

About This Home

As of May 2012

Beautiful SE facing home backing up to private woods & pond.

Last Agent to Sell the Property

Joe Allen

RE/MAX Results Listed on: 01/08/2012

Last Buyer's Agent

Bill Pomerenke

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,074

Year Built

  • 2006

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 67x150x225
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2,903 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,074

Year Built

2006

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.74
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1638
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/29/2012
  • Taxes With Assessments: 6764
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x13, On Level: Main
  • Room 2: Dining Room, 15x14, On Level: Main
  • Room 4: Kitchen, 14x11, On Level: Main
  • Room 5: Bedroom, 17x16, On Level: Upper
  • Room 6: Bedroom, 13x12, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 10x10, On Level: Lower
  • Room 9: Den/Office, 13x12, On Level: Main
  • Room 10: Mud Room, 12x9, On Level: Main
  • Room 11: Foyer, 13x9, On Level: Main
  • Room 12: Deck, 19x12, On Level: Main
  • Room 13: Pantry, 5x5, On Level: Main
  • Basement Features: Unfinished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2903
  • Total Fin Square Footage: 2903

Exterior Features

  • Exterior: Metal, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 100

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Estimated Lot Dimensions: 67x150x225
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2012
Closed on
May 29, 2012
Sold by
Starin Bradley R and Starin Lisa J
Bought by
Drader Starlett Rain and Tyler Joel William
Seller's Agent
Joe Allen
RE/MAX Results
Buyer's Agent
Bill Pomerenke
Bridge Realty, LLC
List Price
$429,900
Sold Price
$411,000
Premium/Discount to List
-$18,900
-4.4%
Current Estimated Value
$759,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,327
Avg. Annual Appreciation
4.71%
Original Mortgage
$328,800
Outstanding Balance
$228,617
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$530,710

Purchase Details

Closed on
Jul 6, 2006
Sold by
Meadowbrook Builders Inc
Bought by
Starin Bradley R and Starin Lisa J
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
Drader Starlett Rain $411,000 Bjorklund Title Inc
Starin Bradley R $177,900 --
Meadowbrook Builders Inc $173,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drader Starlett Rain $328,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $411,000 -4.4% $142 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
01/08/2012 01/08/12 For Sale $429,900 -- $148 / 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 $7,074 $678,100 $207,100 $471,000
2024 $6,930 $680,600 $207,100 $473,500
2023 $6,660 $652,100 $197,300 $454,800
2022 $6,174 $647,400 $192,600 $454,800
2021 $5,932 $528,100 $156,200 $371,900
2020 $5,936 $501,200 $131,000 $370,200
2019 $5,806 $481,300 $126,000 $355,300
2018 $6,842 $0 $0 $0
2016 $6,212 $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: 4097234

REALTOR® Association of Southern Minnesota

APN: 25-442-017-0