NOT LISTED FOR SALE

4540 4540 S Lake Sarah Dr Independence, MN 55359

Estimated Value: $491,000 - $552,863

3 Beds
1.5 Baths
1,418 Sq Ft
$367/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $256,000 $181 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,264/month

11 Days on Market

Highlights

  • 1.03 Acre Lot
  • Deck
  • Whirlpool Bathtub
  • Delano Elementary School Rated A
  • Wood Flooring
  • Workshop

About This Home

As of June 2014

Great location in Maple Plain, just a short commute to DT & a lake view to come home to. Charming rambler features 3BR on 1 level, 1.5BA, fresh paint, reclaimed hardwd flrs, tile, open floor plan, deck w/lake Sarah views. Unfinished LL ready to finish.

Last Agent to Sell the Property

Daniel Ward

Coldwell Banker Burnet Listed on: 05/01/2014

Last Buyer's Agent

Marci Weiche

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,009

Year Built

  • Built in 1964

Lot Details

  • 1.03 Acre Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Workshop

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In
  • Bathroom on Main Level
  • Whirlpool Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0211824240019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,009

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Gravel, Porch
  • Estimated Number of Acres: 1.03
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1500
  • Mechanicals: Air to Air Exchange, Water Softener-Rented
  • Parcel Number: 0211824240019
  • Projected Closed Date: 06/12/2014
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 3009
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Rough In, Whirlpool
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x14, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Lower
  • Room 4: Kitchen, 14x10, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Room 6: Bedroom, 13x12, On Level: Main
  • Room 7: 12x11, On Level: Main
  • Room 9: Porch, 23x8, On Level: Main
  • Room 10: Workshop, 27x13, On Level: Lower
  • Basement Features: Drainage System, Sump Pump, Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1418
  • Total Fin Square Footage: 1418

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 561
  • Exterior: Wood
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Delano #879

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2014
  • Tax Value: 3009

MLS Schools

  • School District: Delano #879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Schlosser Joann and Schlosser Randal
Bought by
Peshut Cole and Peshut Joelle
Current Estimated Value
$520,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,200
Outstanding Balance
$397,354
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$123,112

Purchase Details

Closed on
Aug 8, 2018
Sold by
Millard Mark V and Millard Jennifer M
Bought by
Schlosser Randal and Schlosser Joann

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 11, 2014
Sold by
Harris Scott and Harris Terri Mills
Bought by
Millard Mark and Millard Jennifer M
Seller's Agent
Daniel Ward
Coldwell Banker Burnet
Buyer's Agent
Marci Weiche
Edina Realty, Inc.
List Price
$259,900
Sold Price
$256,000
Premium/Discount to List
-$3,900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$230,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Peshut Cole $501,500 All American Title
Peshut Cole $501,500 --
Schlosser Randal $414,250 Edina Relaty Title Inc
Millard Mark $256,000 Central Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peshut Cole $401,200
Closed Peshut Cole $401,200
Previous Owner Millard Mark $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2014 06/11/14 Sold $256,000 -1.5% $181 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $259,900 -- $183 / 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
2024 $5,930 $509,100 $165,000 $344,100
2023 $6,032 $525,400 $172,500 $352,900
2022 $5,491 $503,000 $165,000 $338,000
2021 $5,527 $403,000 $131,000 $272,000
2020 $5,471 $400,000 $131,000 $269,000
2019 $5,174 $383,000 $119,000 $264,000
2018 $4,889 $350,000 $111,000 $239,000
2017 $4,124 $273,000 $98,000 $175,000
2016 $3,856 $249,000 $98,000 $151,000
2015 $3,195 $254,000 $98,000 $156,000
2014 -- $233,000 $98,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Ward

    Coldwell Banker Burnet

  • M

    Buyer's Agent in 2014

    Marci Weiche

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4610854

REALTOR® Association of Southern Minnesota

APN: 02-118-24-24-0019

Minnesota Hennepin County Independence 55359

4540 4540 S Lake Sarah Dr, Independence, MN

This home is located at 4540 4540 S Lake Sarah Dr, Independence, MN 55359 since 01 May 2014 and is currently estimated at $520,466, approximately $367 per square foot. This property was built in 1964. 4540 4540 S Lake Sarah Dr is a home located in Hennepin County with nearby schools including Delano Elementary School, Delano Middle School, and Delano Senior High School.

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