NOT LISTED FOR SALE

480 Deborah Dr Maple Plain, MN 55359

Estimated Value: $1,887,530 - $2,370,000

4 Beds
5 Baths
5,500 Sq Ft
$390/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $1,865,000 $339 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,777/month

About This Home

Escape to a private, tranquil, 15.7-acre estate in the highly sought after, award-winning, Orono school district. Enter through a secure entrance gate on a long, tree-lined driveway leading to an inviting custom home with timeless elegance. Owners’ suite encompasses the entire upper floor and offers a spacious bedroom with fireplace, serene spa bathroom and two walk-in closets. Extensive comforts throughout with too many recent improvements to list (see supplement). This estate is ideal for indoor or outdoor entertaining. Lounge by the picturesque swimming pool and stroll through sprawling landscaped acres with panoramic wetland views. If you are a horse lover, enjoy 10 horse stalls, an 80’x100’ outdoor riding arena and 5 pastures. If not, there is something for you too, as the barn has 1600 square feet with heat and A/C. Five minutes to Orono schools or Lake Minnetonka, 10 min. to Wayzata, and 25 min. to MPLS. Do not miss the opportunity to call this beautiful estate your own.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Raeth-Knight Mary Louise
Bought by
Amy R Fish Revocable Trust
Current Estimated Value
$2,144,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,492,000
Outstanding Balance
$1,443,371
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$701,512

Purchase Details

Closed on
Jan 18, 2019
Sold by
Bauer Jon J
Bought by
Raeth Knight Mary

Purchase Details

Closed on
Jun 14, 2018
Sold by
Trapanese Albert C and Trapanese Cheryl A
Bought by
Knight Mary Raeth and Bauer Jon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Hoffman George L
Bought by
Trapanese Albert C and Trapanese Cheryl A

Purchase Details

Closed on
Aug 13, 1999
Sold by
Pierce Michael B
Bought by
Hoffman George L and Hoffman Susan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amy R Fish Revocable Trust $1,865,000 Burnet Title
Raeth Knight Mary -- None Available
Knight Mary Raeth $1,230,000 Burnet Title
Trapanese Albert C $1,575,000 --
Hoffman George L $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amy R Fish Revocable Trust $1,492,000
Previous Owner Knight Mary Raeth $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2023 01/27/23 Sold $1,865,000 0.0% $339 / Sq Ft View Prior Sale
12/23/2022 12/23/22 Pending -- -- --
11/28/2022 11/28/22 Off Market $1,865,000 -- --
10/31/2022 10/31/22 For Sale $1,995,000 +7.0% $363 / Sq Ft
10/27/2022 10/27/22 Off Market $1,865,000 -- --
10/25/2022 10/25/22 Price Changed $1,995,000 -9.3% $363 / Sq Ft
10/15/2022 10/15/22 Price Changed $2,200,000 -11.6% $400 / Sq Ft
09/30/2022 09/30/22 For Sale $2,490,000 -- $453 / Sq Ft

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 $19,673 $1,741,500 $590,000 $1,151,500
2023 $17,420 $1,608,000 $570,000 $1,038,000
2022 $14,872 $1,378,000 $400,000 $978,000
2021 $13,667 $1,229,000 $420,000 $809,000
2020 $14,005 $1,139,000 $360,000 $779,000
2019 $14,314 $1,118,000 $340,000 $778,000
2018 $14,581 $1,124,000 $380,000 $744,000
2017 $15,420 $1,169,000 $380,000 $789,000
2016 $12,975 $997,000 $420,000 $577,000
2015 $12,676 $977,000 $400,000 $577,000
2014 -- $937,000 $400,000 $537,000
Source: Public Records

Agents Affiliated with this Home

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