NOT LISTED FOR SALE

5007 Merrimac Ln N Minneapolis, MN 55446

Estimated Value: $735,000 - $1,004,000

4 Beds
3.5 Baths
3,982 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $452,070 $114 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,361/month

Highlights

  • Vaulted Ceiling
  • Formal Dining Room
  • Walk-In Closet
  • Greenwood Elementary School Rated A+
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of February 2013

The Newberry floor plan has a great room with tons of light! Three large bedrooms and a loft up stairs make this plan a great seller in Elm Creek Highlands. Stop in today to see how this home lives.

Last Agent to Sell the Property

Robert Ramsay

Pulte Homes Of Minnesota, LLC Listed on: 09/24/2012

Co-Listed By

Brian Martinsen

Pulte Homes Of Minnesota, LLC

Last Buyer's Agent

Vipul Goel

Solitaire Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,277

Year Built

  • 2013

Lot Details

  • 0.36 Acre Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Home to be built
  • Poured Concrete
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include shared amenities

Listing and Financial Details

  • Assessor Parcel Number 0711822140061

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,277

Year Built

2013

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System
  • Estimated Number of Acres: 0.36
  • Construction: To Be Built/Floor Plan
  • Foundation Size: 1271
  • Parcel Number: 0711822140061
  • Projected Closed Date: 02/14/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1504
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Microwave, Range/Stove
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 3: Family Room, 14x16, On Level: Main
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 15x15, On Level: Upper
  • Room 6: Bedroom, 10x12, On Level: Upper
  • Room 7: 15x12, On Level: Upper
  • Room 8: Bedroom, 10x12, On Level: Basement
  • Room 9: Loft, 10x14, On Level: Upper
  • Room 10: Den/Office, 11x10, On Level: Main
  • Room 11: Other, 7x21, On Level: Upper
  • Room 12: Rec Room, 27x17, On Level: Basement
  • Basement Features: Drainage System, Sump Pump, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2826
  • Below Grade Finished Sq Ft: 1156
  • Total Fin Square Footage: 3982

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 370

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: 82X263X67X
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Feb 14, 2013
Sold by
Pulte Homes Of Minnesota Llc
Bought by
Kurien Jithin T and Jithin Christina
Seller's Agent
Robert Ramsay
Pulte Homes Of Minnesota, LLC
Buyer's Agent
Vipul Goel
Solitaire Realty Inc
List Price
$451,375
Sold Price
$452,070
Premium/Discount to List
$695
0.15%
Current Estimated Value
$874,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,211
Avg. Annual Appreciation
5.36%
Original Mortgage
$45,207
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving
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
Kurien Jithin T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kurien Jithin T $45,207
Open Kurien Jithin T $361,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $452,070 +0.2% $114 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $451,375 -- $113 / 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 $8,277 $700,000 $180,000 $520,000
2023 $7,401 $660,000 $142,000 $518,000
2022 $6,627 $626,000 $142,000 $484,000
2021 $6,287 $534,000 $129,000 $405,000
2020 $6,358 $513,000 $125,000 $388,000
2019 $6,072 $505,000 $128,000 $377,000
2018 $6,195 $483,000 $122,000 $361,000
2017 $6,087 $479,000 $137,000 $342,000
2016 $6,014 $460,000 $130,000 $330,000
2015 $6,169 $460,500 $130,000 $330,500
2014 -- $314,500 $130,000 $184,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4401975

REALTOR® Association of Southern Minnesota

APN: 07-118-22-14-0061