NOT LISTED FOR SALE

501 Lombardy Ln Hopkins, MN 55305

Estimated Value: $490,000 - $603,000

4 Beds
3 Baths
2,288 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 06, 2014

Last sale price $330,000 $144 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,381/month

39 Days on Market

Highlights

  • Heated Floors
  • Deck
  • 2 Car Attached Garage
  • Sunset Hill Elementary School Rated A
  • Vaulted Ceiling
  • Landscaped with Trees

About This Home

As of January 2014

Location, location, location. Flawless renovation - granite counters throughout, cherry cabs, stainless appliances, travertine/slate baths w/ heated floors. Vaulted ceilings. 2-tiered deck w/ private backyard. New mechanicals, in-ground sprinkler, more!

Last Agent to Sell the Property

Gregory Gray

Lakes Area Realty G.V. Listed on: 11/07/2013

Last Buyer's Agent

Katherine Kitt

Counselor Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,634

Year Built

  • 1976

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 130x150
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0311722110020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,634

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Inground Sprinkler System
  • Estimated Number of Acres: 0.45
  • Construction: Previously Owned
  • Foundation Size: 1144
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0311722110020
  • Projected Closed Date: 01/06/2014
  • Stories: Bi-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 3810
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 21x18, On Level: Main
  • Room 2: Dining Room, 15x12, On Level: Main
  • Room 3: Family Room, 21x16, On Level: Main
  • Room 4: Kitchen, 15x15, On Level: Main
  • Room 5: Bedroom, 18x16, On Level: Main
  • Room 6: Bedroom, 18x12, On Level: Main
  • Room 7: 16x12, On Level: Lower
  • Room 8: Bedroom, 18x12, On Level: Lower
  • Room 9: Laundry Room, 12x9, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1144
  • Below Grade Finished Sq Ft: 1144
  • Total Fin Square Footage: 2288

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: 130x150
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jan 6, 2014
Sold by
Marwede Jeffrey L
Bought by
Lai Steven Tak Wye and Zimms Olympia
Seller's Agent
Gregory Gray
Lakes Area Realty G.V.
Buyer's Agent
Katherine Kitt
Counselor Realty, Inc.
List Price
$349,500
Sold Price
$330,000
Premium/Discount to List
-$19,500
-5.58%
Current Estimated Value
$546,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,920
Avg. Annual Appreciation
4.39%
Original Mortgage
$33,000
Outstanding Balance
$25,018
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$521,902

Purchase Details

Closed on
Aug 22, 2011
Sold by
Everwood Companies Llc
Bought by
Marwede Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,003
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2011
Sold by
Twin Cities Community Land Bank Llc
Bought by
Everwood Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 5, 2011
Sold by
Wells Fargo Bank N A
Bought by
The United States Of America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 10, 2010
Sold by
Finazzo John J
Bought by
Wells Fargo Bank Na Also Known As Wachov

Purchase Details

Closed on
Apr 11, 2000
Sold by
Barnett Ward
Bought by
Finazzo John J and Finazzo Laura

Purchase Details

Closed on
Sep 10, 1997
Sold by
Reisenauer Melanie M
Bought by
Barnett Ward H
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
Lai Steven Tak Wye $330,000 Multiple
Marwede Jeffrey L $276,000 Multiple
Everwood Company Llc $180,000 None Available
Everwood Company Llc $180,000 --
The United States Of America $180,000 None Available
Twin Cities Community Land Bank Llc $180,000 --
Wells Fargo Bank Na Also Known As Wachov $291,095 --
Finazzo John J $202,150 --
Barnett Ward H $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Steven Tak Wye $33,000
Open Lai Steven Tak Wye $264,000
Previous Owner Marwede Jeffrey L $269,003
Previous Owner Everwood Company Llc $196,000
Previous Owner The United States Of America $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $330,000 -5.6% $144 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $349,500 -- $153 / 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 $5,634 $458,300 $202,400 $255,900
2023 $5,441 $461,500 $202,400 $259,100
2022 $5,258 $454,700 $202,400 $252,300
2021 $4,727 $396,700 $184,000 $212,700
2020 $4,576 $361,300 $184,000 $177,300
2019 $4,274 $339,000 $184,000 $155,000
2018 $4,043 $320,300 $184,000 $136,300
2017 $3,991 $297,000 $165,000 $132,000
2016 $3,926 $288,900 $155,000 $133,900
2015 $3,692 $267,500 $150,000 $117,500
2014 -- $257,200 $150,000 $107,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gregory Gray

    Lakes Area Realty G.V.

  • K

    Buyer's Agent in 2014

    Katherine Kitt

    Counselor Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4558197

REALTOR® Association of Southern Minnesota

APN: 03-117-22-11-0020

Minnesota Hennepin County Hopkins 55305

501 Lombardy Ln, Hopkins, MN

This home is located at 501 Lombardy Ln, Hopkins, MN 55305 since 07 November 2013 and is currently estimated at $546,920, approximately $239 per square foot. This property was built in 1976. 501 Lombardy Ln is a home located in Hennepin County with nearby schools including Sunset Hill Elementary School, Wayzata East Middle School, and Wayzata High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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